Where Bitcoin Diamond is Accepted Locally and Globally

With its fast, cheap transactions and the BCD PAY smartphone app this Bitcoin fork functions as a commerce coin and is accepted by businesses around the world, from an American fashionista’s online store to a Colombian hostel.

Who accepts BCD…

Are you an Entrepreneur, freelancer, or manager of a business accepting cryptocurrency?

Should you buy Bitcoin Diamond?

When it was launched in 2017, it reached a price of nearly $100 and then crashed down to below $3! In 2021, its price rallied a little and then crashed again. This is not the crypto investment that you’re looking for, it lives up to neither its first or last name. But, maybe you’re reading this while drunk and making questionable decisions

Its redeeming feature is the commerce coin functions, but I couldn’t, in good conscience, recommend that any business accept it as payment and hold it. Bitcoin Cash the real commerce coin in the dysfunctional Bitcoin family.

About Bitcoin Diamond

Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495866 and therewith a new chain will be generated as the BCD. Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and improve the transaction speed based on original features of BTC.

From bitcoindiamond.org

Bitcoin Diamond (BCD) is a fork of Bitcoin; at predetermined block height 495866, the new chain was created. As the original Bitcoin (BTC) blockchain continues on unaltered, this new cryptocurrency now operates on its own chain called “Bitcoin Diamond”.

With Bitcoin Diamond, miners will begin creating blocks using a new proof-of-work algorithm which better serves Satoshi’s original goal of keeping Bitcoin decentralized. Bitcoin Diamond offers several technical advancements in scalability along with anti-replay protection and wallet enhancements.

With these changes to the Bitcoin protocol, Bitcoin Diamond seeks to achieve Satoshi Nakamoto’s vision for a peer-to-peer electonic cash system that’s accessible and usable to everyone, regardless of economic status or country of origin.

From the abstract of the Bitcoin Diamond whitepaper

Originally published on MarketplaceGOLD.com. I’m an independent researcher passionate about financial antifragility and economic philosophy, not a licensed financial adviser. This is not financial advice. Please practice skepticism and critical thinking.

Adventuring philosopher, Pompous pontificator, Writer, K-Selected Biohacker, Tantric husband, Raconteur & Smart Drug Dealer 🇺🇸