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Roundtable_006 - Store of Bitcoin, Medium of Credit

Bitcoin Audible

CHAPTER

Innovative Payment Processing in Bitcoin

This chapter explores a novel payment processing method using the OPR framework, which deters fraud through a punitive mechanism linked to burn addresses. It discusses the complexities of Bitcoin liquidity, the UTXO Oracle for price tracking, and the significant implications of rising regulatory measures and AML/KYC policies on user privacy. The narrative is further enriched by a real-life incident highlighting the severe risks of cryptocurrency-related thefts.

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