🔵 Bitcoin Cash Developer Fund – A 12.5% Tax? 6 Months or Forever? Will it Lower Network Security?

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    This video supports the 3Speak fundraising campaign for WIRES and the RFS

    colintalkscrypto

    Published on Jan 27, 2020
    About :

    Topics & Timestamps:
    00:51- Good or bad idea?
    01:40- Shout-out to https://read.cash
    02:00- What’s happening??? Starting with Amaury Sechet’s article (deadalnix)
    08:38- Sockpuppet throwaway accounts to sway opinion? It should be token holders who have a say.
    10:20- Does it matter who proposed this? (Jiang Zuoher vs Amaury Sechet) The idea should stand on its own.
    11:52- A tax or not a tax?
    13:20- Acknowledgement to Roger Ver for maintaining uncensored discussion platform (compared to Bitcoin split into Bitcoin Cash which involved censorship)
    14:30- Why "12.5%"? Should there be a hard fork? Comparison to scaling debate of 1MB and larger blocks.
    17:36- Six month plan. Is this realistic? 6 months or will it be forever?
    20:15- Who should control the funds?
    25:18- Will hashrate drop due to the 12.5% reduction in block reward?

    Softfork or Hardfork?
    Voluntary or forceful?

    ● Article by PeterRizun
    The Best Of Intentions: The Dev Tax Is Intended to Benefit Investors But Will Corrupt Us Instead
    https://read.cash/@PeterRizun/the-best-of-intentions-the-dev-tax-is-intended-to-benefit-investors-but-will-corrupt-us-instead-012f5dbd

    ● Article from Jiang Zhuoer (BTC.TOP)
    “Infrastructure Funding Plan for Bitcoin Cash”
    https://medium.com/@jiangzhuoer/infrastructure-funding-plan-for-bitcoin-cash-131fdcd2412e

    ● Article from Amaruy Sechet (Bitcoin Cash ABC lead developer)
    “On the infrastructure funding plan for Bitcoin Cash”
    https://read.cash/@deadalnix/on-the-infrastructure-funding-plan-for-bitcoin-cash-bd372a10

    ● Article by jonald_fyookball
    “Little Known (But Important!) Facts About the Mining Plan”
    https://read.cash/@jonald_fyookball/little-known-but-important-facts-about-the-mining-plan-a1f1fe13

    ● Article by ZeusOnPills
    “Hard fork it”
    https://read.cash/@ZeusOnPills/hard-fork-it-e466c21e

    ● “Look at all these FRESH accounts being used in /r/btc”
    https://www.reddit.com/r/btc/comments/etk8hd/look_at_all_these_fresh_accounts_being_used_in/


    Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

    #bitcoincash #fund #developer #cryptocurrency #tokens #coins #bitcoin #btc #blockchain

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