Bitcoin.com Show - Roger Ver - Weekly Bitcoin Roundup | episode 5

Bitcoin News | Bitcoin Drama! $250k To Reddit? BTC's New Name & Lightning Network | Roger Ver

Bitcoin.com - Official Channel
Published on Jun 2, 2018

Nandibear's thoughts on Episode 5:

• I really like the new intro (music and visuals), A+.

• The Menufy.com site looks cool (sometimes I get hungry!) and be able to order food with Bitcoin Cash (BCH) would be VERY helpful!

• The Bitcoinrewards.com site also looks cool and I like the idea of getting BCH back (basically free BCH!) when I order products (anything), or pay for services (anything), online.

• I'll keep an eye for the upcoming GMO cryptocurrency exchange (especially since they're going to offer BCH pairs!).

• An IP company in the UK successfully (sort of) managed to trademark the name Bitcoin and are now trying to control (or censor) others for using the name. Seems like everything here in the US and the UK is all about paperwork and litigation. In any event, my position is that the trademark is not valid (Bitcoin is open source).

• Very interesting news about the Bitcoin.com mining pool is setting aside part of the rewards for protocol developers. I look forward to perhaps hearing from the lead developer in next episode!

Question presented during the show : What terminology should we use for BTC?

• 12:20 min: Roger asks, "..What terminology should we use for [BTC], it's pretty clear that Bitcoin Cash has more Bitcoiness to it than the BTC version, I even hate to call it the BTC version of Bitcoin anymore because if it it's not digital, electronic cash, as described in the very title of the white paper, it kind of seems dirty or wrong or mistaken to call it Bitcoin. What should we call it from here on out?"

• 12:43 min: Corbin responds, "..It could be Segwit Coin. Could call it Bitcoin Legacy. Could call it Bitcoin XP."

• 12:48 min: Roger states, "I kind of feel like it shouldn't even be called Bitcoin if it's not peer-to-peer electronic cash. It's some sort of science project settlement layer that they're hoping the Lightning Newtork will work on in the future. I wish them good luck with their project but it's not even Bitcoin."

• 13:00 min: Corbin states, "They're hoping for a Lightning coin."

• 13:02 min: Roger states, "Should we just call it BTC?"

• 13:03 min: Corbin states, "Just BTC maybe."

• 13:05 min: Roger states, "Lighting ICO?"

• 13:06 min: Corbin states, "Yeah it's an IOU at this point. That's what they're hoping to solve scalability is an off-chain IOU. And they still haven't solved the routing problem."

• 13:27 min: Roger states, "I think maybe just call it BTC from now on and drop [Bitcoin]. Because the very title of the white paper says it's a peer-to-peer electronic cash system. The people behind BTC at this point are opposed to using it as cash. If it's not usable as cash it's not Bitcoin. So maybe we'll just start calling it BTC and we'll call Bitcoin Cash Bitcoin Cash or call it Bitcoin BCH, I don't know, we'll see."

• The Bchpls.io site looks like very useful Bitcoin Cash point-sale-system for brick-and-mortar business.

• I liked the shoutout to the Decentralized Thought youtube channel (I agree, some very good BCH / BTC content there!).

• NFC protocol technology/capability for phones/wallets is mentioned. (Near-field communication (NFC) is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm (1.6 in) of each other.)

• I'm glad that Bitcoin Core (BTC) developer Eric Lombrozo's name was mentioned and that Roger shared the story about witnessing Lombrozo at a Bitcoin meetup in Silicon Valley, some years ago, which was held at a restaurant which accepts Bitcoin as payments. Evidently Eric Lombrozo (and according to episode #3 of Roger's weekly show, so were other Bitcoin Core developers such as Luke Jr.) was telling others at the meeting that they shouldn't be using Bitcoin to pay for meals at the restaurant because Bitcoin is not for payments and that they should use their bank cards or credit cards.

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