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Volition
volition@bchnostr.com
npub13j3y...9tpq
Life is the standard by which to judge good and evil | Objectivist | 💚 BCH | 💜 Nostr | 🇳🇿 New Zealand
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Volition 2 months ago
New Zealand 🇳🇿 centric post. Dr Muriel Newman elucidates the emergence of race-based laws in New Zealand 🇳🇿 and their potential to stifle productivity and fuel corruption. This is a critical issue ahead of the 7 November 2026 election. Reversing this trend is essential to halt the institutionalisation of racial preferences in law and restore equal opportunity as the standard — along with strong protection of universal human rights. Including racial preferences in law wastes valuable time and administrative effort, distracts from real economic priorities, and undermines success based on merit.
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Volition 2 months ago
Good morning. So nice to wake up with BCH over US$200!
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Volition 2 months ago
From Grok: Key points on crypto taxation in the Philippines: • Cryptocurrencies like BCH are generally treated as digital or virtual assets (property), not as currency. Gains or income from them (e.g., from trading, selling, or receiving as payment) are typically included in gross income and subject to regular income tax rates (graduated rates for individuals) or capital gains tax where applicable.  • There is no dedicated de minimis rule (e.g., exempting small gains under a certain peso amount like $200–$600 in some US proposals) for crypto transactions. All realized gains are generally reportable and taxable unless specifically exempted by law.  • The Bureau of Internal Revenue (BIR) requires proper documentation and reporting. Small transactions still need tracking for tax purposes, though enforcement may focus more on larger amounts. • Related rules exist for employee de minimis benefits (fringe benefits) or import duties, but these do not apply to crypto transactions.  For the most current and personalized advice, consult the BIR, a Philippine tax professional, or official guidelines, as rules can evolve and depend on whether the activity is treated as business income, investment, etc. Regulations may reference BSP advisories on virtual assets.
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Volition 2 months ago
It is getting harder to find genuine, authentic content with so many general quotes and AI like posts. When you know a human wrote something it seems different, better in some ways even if there are flaws. Thoughts? Is it because of connection with a human as opposed something electronic?
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Volition 2 months ago
Analysis of BCH large addresses by Grok 29 June 2026: - Accumulation dominates: Most changing addresses showed net increases, with very strong inflows at rank 39 (+24k BCH) and solid gains - Distribution is limited: Isolated outflows at ranks 11 and 25.
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Volition 2 months ago
BCH is very low now, wonder if it has bottomed.
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Volition 2 months ago
Analysis of BCH large addresses by Grok. • Accumulation dominates: 8 out of the 10 changing addresses showed net increases. Standout moves include a very strong +35k BCH at rank 39, along with solid gains at ranks 33 (+5k), 22 (+4.8k), and rank 1 (+5.1k). • Distribution is present but limited: Two notable outflows at rank 25 (-8.4k BCH) and rank 11 (-1.5k BCH).
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Volition 2 months ago
A heavy fall since the start of the year, hope no one is forced to liquidate core savings. If one has spare capital, also looks like an opportunity to buy. image
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Volition 2 months ago
Analysis of large BCH addresses 23 June 2026: Grok: • Accumulation dominates: 9 out of the 10 changing addresses showed net increases. Standout moves include +12.1k BCH at rank 25, +10.7k BCH at rank 23, and +5k BCH at rank 33. • Distribution is limited: Only one notable outflow (-7.4k BCH at rank 22). • Overall trend: Strong net accumulation among large addresses, with consistent inflows across multiple top addresses.
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Volition 3 months ago
Grok whale 🐋 analysis. “ Large holder behavior over the last 7 days is bullish. Multiple major whales are actively accumulating (especially one exceptional +125k BCH move), indicating confidence and strategic positioning. While there were some large distributions, they are outweighed by broader inflows in the top tier.”
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Volition 6 months ago
Changes to Bitcoin Cash (#BCH ) for those interested. The ‘Layla’ hard fork (also referred to as the Layla upgrade or 2026 Layla Upgrade) is a major scheduled protocol upgrade for Bitcoin Cash (BCH), set to activate on May 15, 2026. It is a community-activated hard fork, following BCH’s typical annual upgrade schedule (activations often in mid-May after lock-in the previous November). This upgrade is widely viewed in the BCH community as one of the most significant since the introduction of CashTokens (in 2023) and the Velma upgrade, primarily because it dramatically enhances the network’s scripting and virtual machine (VM) capabilities—often called CashVM in this context—making BCH far more programmable and competitive for smart contracts, DeFi, and advanced applications. Key Features and Changes in Layla: The upgrade bundles several CHIPs (Cash Improvement Proposals), primarily proposed by developer Jason Dreyzehner and endorsed by groups like the Bitcoin Cash Podcast, Bitcoin.com, and others. Main highlights include: • Loops and Functions: Introduces support for loops and reusable functions in Bitcoin Script, allowing much more complex logic without excessive code bloat or high execution costs. This makes smart contracts more efficient and developer-friendly, opening doors to sophisticated applications. • New Opcodes and VM Improvements: Adds high-precision math, expanded VM limits (e.g., higher stack/operation limits), and better alignment between consensus rules and standardness rules to reduce edge-case issues in contract development. • Post-Quantum Cryptography: Implements quantum-resistant features (e.g., 256-bit classical security with 128-bit quantum strength) to future-proof the network against potential quantum computing threats. • Restored/Enhanced Bitcoin Script Functionality: Brings back or expands full original Bitcoin Script capabilities while adding new tools for privacy, token utility, and complex DeFi/smart contracts. • Other Enhancements: Better scalability in scripting (not block size changes here—BCH has separate proposals like recent 64MB block size increases), improved developer experience, and potential for cross-chain integrations (e.g., mentions of NEAR Protocol compatibility in some analyses). These changes aim to position BCH as a highly programmable blockchain with sub-penny fees, low latency, and strong resistance to future threats, while staying true to its “peer-to-peer electronic cash” roots.