This is episode 174 of You, Me, and BTC – your liberty and Bitcoin podcast.
SegWit is finally here! Err, at least it's here for Litecoin. As of yesterday, the altcoin had enough SegWit support for enough time to turn on the feature. It will still take awhile for wallets and other Litecoin infrastructure to really make use of the new feature, but it's a start.
What does this mean for Bitcoin? Will Litecoin suddenly take on some of Bitcoin's excess transaction volume? What's the next step for scaling Litecoin? What about Lightning Network? We'll do our best to answer those questions and more during tonight's stream.
Then later in the show, we'll discuss Australia's decision to accept Bitcoin as real money. In the past, Australia taxed the crap out of Bitcoin, causing innovation to flee the country. No one could develop or use Bitcoin down under because it was too expensive. But now, since Bitcoin will be considered money, traders can buy and sell it without those crazy taxes.
How cool is that? Will Bitcoin take off in Australia, then? Or is it too late?
Tune in tonight for an absolute blast and check the list below for some of the specific stories we'll cover!
- Litecoin Successfully Activates SegWit
First SegWit transaction on Litecoin!https://t.co/QTJAMDlC8s
— Charlie Lee (@SatoshiLite) May 10, 2017
- Australia Will Recognize Bitcoin as Money and Protect Bitcoin Businesses, No Taxes
Your hosts are Daniel Brown, Tim Baker, and John Stuart. Don't forget to scroll down so you can keep up with our open tweet lines, vote in this week's Bitcoin poll, and share your thoughts in the comments!
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— You, Me, and BTC (@YouMeAndBTC) May 11, 2017