RATE Group | How to Recover After $30M Hack and Mining Tax Row?
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How to Recover After $30M Hack and Mining Tax Row?

How to Recover After $30M Hack and Mining Tax Row?

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Each crypto token commands a small army of fierce supporters. For many, the sole cryptocurrency that is worthy of such staunch support is Bitcoin (BTC). But what truly is Bitcoin, what is its purpose, and how can it be fully optimized?

The division among those trying to answer these questions led to the creation of Bitcoin Cash (BCH), Bitcoin’s most successful offshoot. While for some, BCH has been the answer to crypto’s woes, but the coin has had some significant issues of its own over the past few months. From a multimillion-dollar hack to a new mining tax, BCH is dividing its community like never before.

Bitcoin Cash: Divisive by nature

Bitcoin, in its original form, was invented by a mysterious figure known only as Satoshi Nakamoto. Its creation went from an ambitious project whispered about in libertarian and cypherpunk circles to the global financial industry in its own right. But, while Bitcoin was developing, arguments broke out over the direction in which it was growing,…

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