https://bit.ly/2WFCj72 via /r/Bitcoin https://bit.ly/3gPww62
Tuesday 31 August 2021
El Salvador Set For Bitcoin Rollout With 200 ATM Installations Across The Country
https://bit.ly/3gSgacW via /r/Bitcoin https://bit.ly/3mRhkcr
That's the knowledge of big economists, Who don’t know shit about what a legal tender is #Bitcoin
https://bit.ly/3jxhion
Submitted September 01, 2021 at 06:56AM by Lazy_Arugula https://bit.ly/3kDLhKE
Submitted September 01, 2021 at 06:56AM by Lazy_Arugula https://bit.ly/3kDLhKE
That's the knowledge of big economists, Who don’t know shit about what a legal tender is #Bitcoin
https://bit.ly/3jxhion via /r/Bitcoin https://bit.ly/3kDLhKE
El Salvador approves $150 million BTC Trust
Submitted September 01, 2021 at 05:04AM by TacomaSparky17 https://bit.ly/3yvzQt5
El Salvador Speeds into the Unknown
https://bit.ly/3gOauAI
Submitted August 31, 2021 at 11:10PM by john_writes https://bit.ly/3yv9aJe
Submitted August 31, 2021 at 11:10PM by john_writes https://bit.ly/3yv9aJe
El Salvador approves $150 million BTC Trust
https://bit.ly/3mP9twj via /r/Bitcoin https://bit.ly/3yvzQt5
Ever found an argument against Bitcoin that is actually valid?
I'm a maxi but I really try to keep an open mind and I proactively search for debates either Bitcoin versus the traditional fiat world or Bitcoin versus [insert altcoin]. The thing is...so far I find the arguments against Bitcoin to be misinformed/factually inaccurate/dishonest/scammy/dumb, etc.
The purpose here is to not pump up my ego but to actually uncover valid shortfalls with Bitcoin, if there are any.
Anyone ever found an argument against Bitcoin that is actually valid, whether in the form of a particular debate episode, article, book, etc? If so, I would love to be recommended.
Thank you.
Submitted August 31, 2021 at 12:24PM by jettsunsett https://bit.ly/38vOztM
Bitcoin Is ‘Worthless,’ Housing Bubble Billionaire Says. Just Don’t Try Betting on a Decline.
https://bit.ly/2WJ0xO4
Submitted August 31, 2021 at 08:34PM by steve4983 https://bit.ly/3gQ8Zlz
Submitted August 31, 2021 at 08:34PM by steve4983 https://bit.ly/3gQ8Zlz
Running a bitcoin node
I've made the big jump, people. I've started up and spooled my first bitcoin network node up. I can't share this news with my family or friends -- because they'd react like I installed a new app and was bragging about it -- so here I am before you. I don't want to share details or anything but I don't know how to express this sense of satisfaction I have from spending the hours to get this all up and running.
Submitted September 01, 2021 at 12:40AM by KRHarshee https://bit.ly/2WD0Vh1
Will PayPal's adoption of bitcoin make cryptocurrency more mainstream?
https://bit.ly/3gPMNbf
Submitted August 31, 2021 at 09:45PM by TheLuckyLeandro https://bit.ly/38v39l0
Submitted August 31, 2021 at 09:45PM by TheLuckyLeandro https://bit.ly/38v39l0
Weimar?
I am a person that sees "worst case"...so I want to know if I'm being paranoid or not. I'm seeing things that make me very, very uncomfortable.
- The rapid rise of real estate, especially luxury real estate. In California, it is NOT uncommon to see nice track homes that are 3,000 sq foot going for around 1.8-2 mill. These are not mansions, these are not architecturally significant. These are track homes where engineers, software sales people, and a lot of white collar lives.
- Social unrest-a few of my friends see this, most don't comment. Have we forgotten the riots? The political scene is turning uglier and uglier...and I think things are becoming more socialist. Being labeled xyz if you don't agree with a topic. I'm finding myself just not talking anymore...seems conversation doesn't exist, anger/agree with us does.
- A lot of people making a lot of money-since the pandemic began, I know many people who have gotten raises. These are normal people. I see a lot of people making well over $10,000 a month. I know people saying $2,500 rent is normal.
- Ignoring what's going on/a tale of two cities. I see this primarily in older (50+) people I know. They live in nice suburbs and their equity is up $500,000. They have no concern for homelessness. It seems it's not on their radar, or at least they are hiding this. Los Angeles is rapidly reminding me of terminator 2 yet it's ignored.
- The winners and losers from digitization. I know a lot of college grads who are on the other side of #3-they did what society told them, they went to college. They are between 26-32-they have NO assets. They rent rooms yet they have normal jobs...not rent apartments, they rent rooms. What happens as they get close to 40s?
I don't want agreement. I want to know-am I being melodramatic? Are things much different than I imagine or is society shifting, fast, and these are actually happening?
Submitted September 01, 2021 at 01:00AM by throwaway29801A https://bit.ly/3DvMCf0
“Bitcoin Is About To Make Fiat Institutions Like The IMF Obsolete,” Says Market Analysts
https://bit.ly/3t2yViH
Submitted September 01, 2021 at 12:45AM by castorfromtheva https://bit.ly/3gR5yem
Submitted September 01, 2021 at 12:45AM by castorfromtheva https://bit.ly/3gR5yem
Running a bitcoin node
I've made the big jump, people. I've started up and spooled my first bitcoin network node up. I can't share this news with my family or friends -- because they'd react like I installed a new app and was bragging about it -- so here I am before you. I don't want to share details or anything but I don't know how to express this sense of satisfaction I have from spending the hours to get this all up and running. via /r/Bitcoin https://bit.ly/2WD0Vh1
Bitcoin fixed this. So beautiful ❤️
https://bit.ly/3kHoUDP
Submitted September 01, 2021 at 12:46AM by BtcAnonymouse https://bit.ly/38zDxDv
Submitted September 01, 2021 at 12:46AM by BtcAnonymouse https://bit.ly/38zDxDv
Drop your pride and listen
I consider myself very lucky. I bought several properties over the last 8 years. I did NOT understand the money supply going up, but I did understand that the low rates made payments affordable (while many argued bubble I knew the payment is what mattered).
I remember a condo I looked at (and ended up buying) was bought at the bottom by the seller who had an all in payment of $1300 (hoa, taxes, principle/interest). That condo was renting for $1500. Literally the condo paid for itself AND generated cash flow. The market for that condo rent is now $2100 a month.
While I got lucky, I will tell you that I had many friends that had a chance to buy and didn't. Their general response was "it's going to a crash". What the truth is that they put in little research and were frustrated because they thought they missed out. Life was fine for them, and it still is-but they missed out on massive financial gains. Many of the highest educated and also some of the highest IQ people I know have way less wealth than people I think are dufuses. Why did the dufus get rich? The dufus was willing to listen. Just like I missed out on bitcoin in 2015, and many of my friends missed out on housing, I implore you to listen.
The moral: Don't be jealous. Put in the work and make a decision. Don't make a decision off one post, one article. Read, listen, ask questions.
The reason I write this is because it helps me make sense. If you are not buying bitcoin, I hope you have a very good reason. I hope you have a reason to believe rates will normalize, a reason to believe the fed will stop supporting markets, a reason to believe worldwide adoption will slow down/go stagnant/reverse course, a reason to believe the fed's balance sheet will get paid down, a reason to believe debt to gdp won't keep climbing.
I hope you have a reason to believe that it will stop at 1 S&P 500 company. I hope you have a reason to believe wealth inequality goes from widening to lessening (that the increased taxes really stop this-ha!). I hope you have a reason to believe that more billionaires will not join, and a reason to believe wealth management firms throughout America, including ones in the heartland and very conservative, will stop dipping their toes into GBTC. I hope you have a reason to believe our world is not going to continue to go digital, and a reason to believe that governments in the first world will outlaw it even though the trend is strongly showing adoption/regulation/acceptance.
I hope you have a reason to believe that most new cell phones in the next 3-5 years will NOT come with digital wallets, and a reason to believe that the large banks will not offer bitcoin services to their customers even as they see coinbase lighting up bank statements. I hope you have a reason to believe the world will go back to the way it was, though history shows this never happens.
The reason most will miss this is pride. People think they are smarter than they are and better than they are. As I reflect back on housing-DROP YOUR PRIDE AND LISTEN.
Submitted August 31, 2021 at 03:20AM by throwaway29801A https://bit.ly/3zzvXF5
Weimar?
I am a person that sees "worst case"...so I want to know if I'm being paranoid or not. I'm seeing things that make me very, very uncomfortable.The rapid rise of real estate, especially luxury real estate. In California, it is NOT uncommon to see nice track homes that are 3,000 sq foot going for around 1.8-2 mill. These are not mansions, these are not architecturally significant. These are track homes where engineers, software sales people, and a lot of white collar lives.Social unrest-a few of my friends see this, most don't comment. Have we forgotten the riots? The political scene is turning uglier and uglier...and I think things are becoming more socialist. Being labeled xyz if you don't agree with a topic. I'm finding myself just not talking anymore...seems conversation doesn't exist, anger/agree with us does.A lot of people making a lot of money-since the pandemic began, I know many people who have gotten raises. These are normal people. I see a lot of people making well over $10,000 a month. I know people saying $2,500 rent is normal.Ignoring what's going on/a tale of two cities. I see this primarily in older (50+) people I know. They live in nice suburbs and their equity is up $500,000. They have no concern for homelessness. It seems it's not on their radar, or at least they are hiding this. Los Angeles is rapidly reminding me of terminator 2 yet it's ignored.The winners and losers from digitization. I know a lot of college grads who are on the other side of #3-they did what society told them, they went to college. They are between 26-32-they have NO assets. They rent rooms yet they have normal jobs...not rent apartments, they rent rooms. What happens as they get close to 40s?I don't want agreement. I want to know-am I being melodramatic? Are things much different than I imagine or is society shifting, fast, and these are actually happening? via /r/Bitcoin https://bit.ly/3DvMCf0
“Bitcoin Is About To Make Fiat Institutions Like The IMF Obsolete,” Says Market Analysts
https://bit.ly/3t2yViH via /r/Bitcoin https://bit.ly/3gR5yem
Bitcoin is the beginning of a Type I civilization
https://youtu.be/6GooNhOIMY0
Submitted August 31, 2021 at 01:17AM by HeyDontSkipLegDay https://bit.ly/2Y42uFe
Submitted August 31, 2021 at 01:17AM by HeyDontSkipLegDay https://bit.ly/2Y42uFe
Bitcoin Is ‘Worthless,’ Housing Bubble Billionaire Says. Just Don’t Try Betting on a Decline.
https://bit.ly/2WJ0xO4 via /r/Bitcoin https://bit.ly/3gQ8Zlz
Man robbed of 16 bitcoin hunts down suspects, sues their parents
https://bit.ly/3DyuXU1
Submitted August 31, 2021 at 07:52AM by Mad_Dawg707 https://bit.ly/2Y2qXuz
Submitted August 31, 2021 at 07:52AM by Mad_Dawg707 https://bit.ly/2Y2qXuz
One of New Zealand's largest power companies to mine Bitcoin with surplus energy
https://bit.ly/2YeohKz via /r/Bitcoin https://bit.ly/3mP4cVd
Why Bitcoin matters for human rights, in 2 minutes. By Alex @gladstein
https://bit.ly/3jufT1N
Submitted August 31, 2021 at 03:26AM by Amber_Sam https://bit.ly/3Bnan7d
Submitted August 31, 2021 at 03:26AM by Amber_Sam https://bit.ly/3Bnan7d
1 week until BTC becomes legal tender in El Salvador.
Do you think that it will become more bullish when the day arrives? Would it be pumped?I’d love to read your theories. via /r/Bitcoin https://bit.ly/3t2oV9l
Fidelity forecasts $ 100 million per bitcoin by 2035 | Cryptocurrency News Room
That is quite a forecast by Fidelty. Hope it comes true.
Submitted August 31, 2021 at 04:19AM by bitcoin-bull https://bit.ly/3jvBJ4S
Monday 30 August 2021
Daily Discussion, August 31, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3gMGZzv
Loving my new light!
https://bit.ly/2Y1HRti
Submitted August 31, 2021 at 05:59AM by Fluid-Mammoth https://bit.ly/3yqme2h
Submitted August 31, 2021 at 05:59AM by Fluid-Mammoth https://bit.ly/3yqme2h
First-ever Bitcoin commercial made by a national government
https://bit.ly/3yp6U6c
Submitted August 31, 2021 at 05:55AM by diarpiiiii https://bit.ly/3kAMzWx
Submitted August 31, 2021 at 05:55AM by diarpiiiii https://bit.ly/3kAMzWx
Fidelity forecasts $ 100 million per bitcoin by 2035 | Cryptocurrency News Room
That is quite a forecast by Fidelty. Hope it comes true. via /r/Bitcoin https://bit.ly/3jvBJ4S
Why Bitcoin matters for human rights, in 2 minutes. By Alex @gladstein
https://bit.ly/3jufT1N via /r/Bitcoin https://bit.ly/3Bnan7d
First-ever Bitcoin commercial made by a national government
https://bit.ly/3yp6U6c via /r/Bitcoin https://bit.ly/3kAMzWx
Stacking sats every month for almost 4 years - monthly update
Started to buy Bitcoin every month in October 2017. Mining fiat, buying bitcoin. I write this blog to document my progress and give a blueprint for present stackers, and future alike. No trading, no shitcoins, only bitcoin and constant grinding. You will need patience to be successful. No matter when you start, you will be at a loss at some point in time. But you need to stack through it and keep on stacking many months, many years. There's no get rich quick. BUT there is get rich slowly. You will own Bitcoin and you will be happy.https://bit.ly/3jskql5 via /r/Bitcoin https://bit.ly/3kxPoYu
JPMorgan Chase Terminates Account of General Michael Flynn Over His Political Views
https://bit.ly/3h4BU5N
Submitted August 30, 2021 at 11:52PM by bitsteiner https://bit.ly/3mM7RDi
Submitted August 30, 2021 at 11:52PM by bitsteiner https://bit.ly/3mM7RDi
My new Avalon 1166 pro 78ths delivered in India
https://bit.ly/38mQoJo
Submitted August 31, 2021 at 12:48AM by PoisonousGame https://bit.ly/3gLZbZU
Submitted August 31, 2021 at 12:48AM by PoisonousGame https://bit.ly/3gLZbZU
My Masters level Finance professor used the tulip mania FUD
This happened last semester during a Zoom class. By the end of the semester we started to have more fun in class and make jokes about GME and crypto, but on a serious note my professor told everyone in class to look up tulip mania if they are thinking about buying bitcoin.
3-4 years ago during the first 10,000 break people were throwing this around left and right and I even have comment history from that time arguing with people about it lol.
It's just amazing to me that well established, highly successful people in the world of Academia and finance could be this astonishingly misinformed. Just sharing to let you know how early we still are.
Submitted August 30, 2021 at 11:59PM by Orfgorf https://bit.ly/3DyHBSK
Death pro tip : before dying, if you have no heir or nothing to give them, go full debt and buy btc
Then you can donate to the charity of your choice...or just delete the seed and give a donation to all holders by reducing the total supply available.
It's worth doing something good before dying, no ?
What are your thoughts on this ?
Submitted August 30, 2021 at 11:02PM by jojothehodler https://bit.ly/3kFou0H
My new Avalon 1166 pro 78ths delivered in India
https://bit.ly/38mQoJo via /r/Bitcoin https://bit.ly/3gLZbZU
Payment providers suck, so I launched my site with Bitcoin and Lightning payment only
Long story short, payment providers do not want anything to do with (sex) dating sites. No matter who you are or what your intentions are unless you are willing to pay ridiculous fees.
So last week, I launched my free dating website echtgratisdaten.nl (Dutch only for now) with the option to pay for extras with Bitcoin and Lightning payment only.
To me (Bitcoin user and enthousiast for years) it still feels like an extra hurdle for people to make a payment but I'm convinced this will become less and less of a problem in the future.
What are your thoughts on this? How long before anyone is able to pay for stuff directly with Bitcoin without the hassle and intervening of the current banking system?
Submitted August 30, 2021 at 02:55PM by HurtAndBernie https://bit.ly/3yudnwL
JPMorgan Chase Terminates Account of General Michael Flynn Over His Political Views
https://bit.ly/3h4BU5N via /r/Bitcoin https://bit.ly/3mM7RDi
My Masters level Finance professor used the tulip mania FUD
This happened last semester during a Zoom class. By the end of the semester we started to have more fun in class and make jokes about GME and crypto, but on a serious note my professor told everyone in class to look up tulip mania if they are thinking about buying bitcoin.3-4 years ago during the first 10,000 break people were throwing this around left and right and I even have comment history from that time arguing with people about it lol.It's just amazing to me that well established, highly successful people in the world of Academia and finance could be this astonishingly misinformed. Just sharing to let you know how early we still are. via /r/Bitcoin https://bit.ly/3DyHBSK
Death pro tip : before dying, if you have no heir or nothing to give them, go full debt and buy btc
Then you can donate to the charity of your choice...or just delete the seed and give a donation to all holders by reducing the total supply available.It's worth doing something good before dying, no ?What are your thoughts on this ? via /r/Bitcoin https://bit.ly/3kFou0H
Cuba’s government said Thursday in its Official Gazette that it would recognize and regulate cryptocurrencies for payments in the island nation. The country’s central bank said Friday it is drafting legislation to regulate cryptocurrency in commercial transactions and to issue licenses for provider
Submitted August 30, 2021 at 08:46PM by dreamingexplorer https://bit.ly/3BuL2bD
Honduras Welcomes Its First Bitcoin ATM
https://bit.ly/38mgP1Q via /r/Bitcoin https://bit.ly/3mLx9Sc
Payment providers suck, so I launched my site with Bitcoin and Lightning payment only
Long story short, payment providers do not want anything to do with (sex) dating sites. No matter who you are or what your intentions are unless you are willing to pay ridiculous fees.So last week, I launched my free dating website echtgratisdaten.nl (Dutch only for now) with the option to pay for extras with Bitcoin and Lightning payment only.To me (Bitcoin user and enthousiast for years) it still feels like an extra hurdle for people to make a payment but I'm convinced this will become less and less of a problem in the future.What are your thoughts on this? How long before anyone is able to pay for stuff directly with Bitcoin without the hassle and intervening of the current banking system? via /r/Bitcoin https://bit.ly/3yudnwL
Mentor Monday, August 30, 2021: Ask all your bitcoin questions!
Ask (and answer!) away! Here are the general rules:If you'd like to learn something, ask.If you'd like to share knowledge, answer.Any question about Bitcoin is fair game.And don't forget to check out /r/BitcoinBeginnersYou can sort by new to see the latest questions that may not be answered yet. via /r/Bitcoin https://bit.ly/3kDPGNl
About a decade ago you were able to claim 5 BTC from a website for free, that's now worth 240k USD
https://bit.ly/3jrTRgb via /r/Bitcoin https://bit.ly/3mRpu4y
Bitcoin/Lightning conference in El Salvador announced for this November
https://bit.ly/38qkj3b
Submitted August 30, 2021 at 04:01AM by pretyflaco https://bit.ly/3jsiQ2N
Submitted August 30, 2021 at 04:01AM by pretyflaco https://bit.ly/3jsiQ2N
Millennials grown alongside internet revolution prefers Bitcoin over Gold
https://bit.ly/2Y9I2mv
Submitted August 30, 2021 at 02:13AM by rollingincrypto https://bit.ly/3zrM07G
Submitted August 30, 2021 at 02:13AM by rollingincrypto https://bit.ly/3zrM07G
Stock-to-Flow Model Predicts BTC $100k by Christmas
https://youtu.be/SsRzpKYEB80 via /r/Bitcoin https://bit.ly/3ywZYUy
Read this beautiful article about El Salvador, and how things are changing in the country. 👏🇸🇻
https://bit.ly/2UYzFch via /r/Bitcoin https://bit.ly/3sZnvMY
Sunday 29 August 2021
Daily Discussion, August 30, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/2WzLDJC
Michael Saylor's Definitive Case for Bitcoin
https://www.youtube.com/watch?v=oFJym2CKMQ8 via /r/Bitcoin https://bit.ly/3yt9Lev
Is Hal Finney Satoshi Nakamoto? Evidence thusfar:
Note: NSA and other very talented investigators/engineers have concluded that Satoshi Nakamoto hid his tracks too well. The only remaining way to know who created Bitcoin is stylometry (using writing style to compare two like-minded entities in hopes of discovering a better version of a person's fingerprint).
OpenPGP has online documentation, found from Google Scholar, that was authored by PGP's old lead developer Hal Finney. If you find any paragraph in the article or in Bitcoin's original whitepaper, you notice two things in common that are 100% stylistic choices:
- Both have a double-space after every sentence.
- Both are written, according to AI, the same exact way. All of it, everything, is written in the same tone, sentence structure, etc.
- This was determined using I Write Like. This site uses statistical analysis to say who you write most like. If you paste Hal's sentences or Satoshi's sentences, both times, you'll receive the same person: H. P. Lovecraft. This author died in the 1900's, but it is still shocking that both compare to the same person. Every time.
More evidence that might help:
- Dorian Nakamoto lived on the same street as Hal. He picked his last name in addition to a Japanese first name to look anonymous.
- Hal writes in British English quite often. So does Satoshi.
- Hal got immobile from Lou Gehrig's Disease and stopped contributing to the internet at the exact time that Satoshi said goodbye. Hal died and we haven't seen Satoshi since.
- Hal had two IP's connected to his house through a PRISM analysis. One was connected to an 'internet freedom' forum and one posted on the same one only 'twice' -- so did Satoshi.
- PROOF:
- Hal's IP and Satoshi's are on the same street. Satoshi didn't use a VPN for a POST request to a forum. Neither did Hal.
Submitted August 30, 2021 at 03:56AM by vladusatii https://bit.ly/3mITz6D
Bitcoin/Lightning conference in El Salvador announced for this November
https://bit.ly/38qkj3b via /r/Bitcoin https://bit.ly/3jsiQ2N
China cracked down on Bitcoin 30 times in the past. There should be zero bitcoin activity left by now...
https://bit.ly/3jqdkOd
Submitted August 29, 2021 at 04:23PM by Bitcoin_is_plan_A https://bit.ly/2XXAD9G
Submitted August 29, 2021 at 04:23PM by Bitcoin_is_plan_A https://bit.ly/2XXAD9G
Is Hal Finney Satoshi Nakamoto? Evidence thusfar:
Note: NSA and other very talented investigators/engineers have concluded that Satoshi Nakamoto hid his tracks too well. The only remaining way to know who created Bitcoin is stylometry (using writing style to compare two like-minded entities in hopes of discovering a better version of a person's fingerprint).OpenPGP has online documentation, found from Google Scholar, that was authored by PGP's old lead developer Hal Finney. If you find any paragraph in the article or in Bitcoin's original whitepaper, you notice two things in common that are 100% stylistic choices:Both have a double-space after every sentence.Both are written, according to AI, the same exact way. All of it, everything, is written in the same tone, sentence structure, etc.This was determined using I Write Like. This site uses statistical analysis to say who you write most like. If you paste Hal's sentences or Satoshi's sentences, both times, you'll receive the same person: H. P. Lovecraft. This author died in the 1900's, but it is still shocking that both compare to the same person. Every time.More evidence that might help:Dorian Nakamoto lived on the same street as Hal. He picked his last name in addition to a Japanese first name to look anonymous.Hal writes in British English quite often. So does Satoshi.Hal got immobile from Lou Gehrig's Disease and stopped contributing to the internet at the exact time that Satoshi said goodbye. Hal died and we haven't seen Satoshi since.Hal had two IP's connected to his house through a PRISM analysis. One was connected to an 'internet freedom' forum and one posted on the same one only 'twice' -- so did Satoshi.PROOF:https://bit.ly/3mGIhzJ IP and Satoshi's are on the same street. Satoshi didn't use a VPN for a POST request to a forum. Neither did Hal. via /r/Bitcoin https://bit.ly/3mITz6D
Cuba government issues resolution authorizing the use of cryptocurrencies in the country
https://bit.ly/3jpIN2N
Submitted August 29, 2021 at 06:59PM by thefoodboylover https://bit.ly/3kyqjwG
Submitted August 29, 2021 at 06:59PM by thefoodboylover https://bit.ly/3kyqjwG
Looking for Bitcoiners in Berlin (Germany) to start a Bitcoin info booth
Hi there,
I was wondering if some advanced Bitcoiners from Berlin are interested in starting a info booth at a crowded place (for example Alexanderplatz on a saturday). We could offer free sats for anyone who is interested and assist people in downloading and using muun, phoenix, etc. I could also bring my full node and we could explain some basics about the lightning / bitcoin network and end the FUD around energy consumption and shitcoins. I'm pretty sure that free sats will be provided by the major exchanges or wallet developers. I can also provide free WiFi. Please drop me a DM if you are interested!
Submitted August 29, 2021 at 10:52PM by Freefall101 https://bit.ly/3jq7ZX6
Millennials grown alongside internet revolution prefers Bitcoin over Gold
https://bit.ly/2Y9I2mv via /r/Bitcoin https://bit.ly/3zrM07G
Hidden in the Block Reward
Ran an analysis of BTC for a model I am building and noticed a coincidence hidden right in front of us. The size of the Block Reward (at time of writing is 6.25 BTC / block) is representative of the % of total Bitcoin to ever be mined on that cycle.
Cycle 1 = 50 BTC / block, will be 50% of all BTC mined.
Cycle 2 = 25 BTC / block, will be 25% of all BTC mined.
Cycle 3 = 12.5 BTC/ block, will be 12.5% of all BTC mined.
Cycle 4 = 6.25 BTC / block, will be 6.25% of all BTC mined.
Can't believe I didn't see it before, makes total sense now after the product of Blocks per Cycle (210,000 ) by the reward per block when compared to terminal BTC (21,000,000). I love math.
I'm sure many of you were already aware but for those who weren't wanted to share it.
Submitted August 29, 2021 at 09:40PM by jleyteja https://bit.ly/38kEkYT
Dad passed away when I was 17 (30 now) and I received his wallet. Had 3$ in it, never spent it. Today I decided to purchase 3$ of Bitcoin. It won’t make me rich, but my dad will always be part of my Bitcoin journey. Thank you Dad, for everything.
https://bit.ly/3ysFsUU
Submitted August 30, 2021 at 02:05AM by AmericanFury1990 https://bit.ly/3mJE1zA
Submitted August 30, 2021 at 02:05AM by AmericanFury1990 https://bit.ly/3mJE1zA
Dad passed away when I was 17 (30 now) and I received his wallet. Had 3$ in it, never spent it. Today I decided to purchase 3$ of Bitcoin. It won’t make me rich, but my dad will always be part of my Bitcoin journey. Thank you Dad, for everything.
https://bit.ly/3ysFsUU via /r/Bitcoin https://bit.ly/3mJE1zA
Go to Google and ask what is the currency of Cuba.
https://bit.ly/3mHHkah
Submitted August 29, 2021 at 03:57AM by Amber_Sam https://bit.ly/3mJl9As
Submitted August 29, 2021 at 03:57AM by Amber_Sam https://bit.ly/3mJl9As
Looking for Bitcoiners in Berlin (Germany) to start a Bitcoin info booth
Hi there,I was wondering if some advanced Bitcoiners from Berlin are interested in starting a info booth at a crowded place (for example Alexanderplatz on a saturday). We could offer free sats for anyone who is interested and assist people in downloading and using muun, phoenix, etc. I could also bring my full node and we could explain some basics about the lightning / bitcoin network and end the FUD around energy consumption and shitcoins. I'm pretty sure that free sats will be provided by the major exchanges or wallet developers. I can also provide free WiFi. Please drop me a DM if you are interested! via /r/Bitcoin https://bit.ly/3jq7ZX6
18,800,000 btc mined
This is more than 89.5% of the total amount of btc that will ever be in circulation.
Bitcoin is becoming more scarce as the time passes. Nowadays, we have only 2,200,000 bitcoins to be mined. It is the first time in human history that we have something so scarce and with this scarcity being measurable and guaranteed mathematically.
Submitted August 29, 2021 at 05:19AM by Texugo_do_mel https://bit.ly/3yreFbM
In math we trust
https://bit.ly/3DoqhA9
Submitted August 29, 2021 at 09:36PM by Lobsterino12 https://bit.ly/3ksylH6
Submitted August 29, 2021 at 09:36PM by Lobsterino12 https://bit.ly/3ksylH6
Do you think this is the last four year cycle?
WillyWoo has been saying for awhile now that he believes that "four year cycles" are over, and that the price of bitcoin from this point forward will not correlate with the halving. He also believes that Bitcoin may have a 10x left in it, but after that it will just "stumble around like a drunken man walking" for the end of time.I think you can already see it happening now. The "halving pump" has been getting smaller each subsequent halving, right now we are only about 140% higher than the 2017 high. If you bought Bitcoin and Nasdaq on the December 2017 top and held until now, you would roughly have made the same amount of money. via /r/Bitcoin https://bit.ly/3mMtyDh
China cracked down on Bitcoin 30 times in the past. There should be zero bitcoin activity left by now...
https://bit.ly/3jqdkOd via /r/Bitcoin https://bit.ly/2XXAD9G
All The Gold In Fort Knox Will Not Buy You More Than 1% Of Total Bitcoin Supply
https://bit.ly/2Y887SY
Submitted August 29, 2021 at 02:09PM by mpow https://bit.ly/3DuXkCi
Submitted August 29, 2021 at 02:09PM by mpow https://bit.ly/3DuXkCi
Square Plans to Build a Decentralized Bitcoin Exchange, Says Jack Dorsey
https://bit.ly/3sUbOXN via /r/Bitcoin https://bit.ly/3sXfpV5
Major hotel in Swiss Alps now allows crypto payments - 0.03 BTC per night.
https://bit.ly/3DreD7k via /r/Bitcoin https://bit.ly/38k8H1I
All The Gold In Fort Knox Will Not Buy You More Than 1% Of Total Bitcoin Supply
https://bit.ly/2Y887SY via /r/Bitcoin https://bit.ly/3DuXkCi
Saturday 28 August 2021
Companies with the most bitcoin on their balance sheets
Submitted August 29, 2021 at 12:15AM by U6ornp https://bit.ly/38BwXNb
Daily Discussion, August 29, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3yqjx0O
Bitcoin returns to $48,000 after FED president speech: no rush to raise interest rates
https://bit.ly/38mLtbu via /r/Bitcoin https://bit.ly/3sVynLs
Gold mining is the largest source of CHILD LABOR worldwide. The system Bitcoin threatens is more evil than I thought
I was reading some articles today and went down a bit of a rabbit hole that has made me more passionate about crypto than ever before. Ever since I was young I've heard stories of child labor in places like China for toy/clothing companies; but I was shocked to hear that the mining industry is the largest source of child labor in the world; approx. 1 million children in 22 countries worldwide work in gold mines and somehow I've never heard about it once in my life. Its also one of the most dangerous industries that still “employs” children, most are small scale operations with little to no regulations, and quite frankly, they don't give a shit about them. These children are exposed to toxic gases/dust and are at risk of tunnels collapsing on top of them, explosions, etc. Many end up severely injured or dead. All for some awesome shiny bricks. I'll leave it at that for the details of what goes on in the mining industry, but I encourage you all to read about it as well.
Its pretty heartbreaking to find out shit like this but I can’t say I’m that surprised. The reason I thought I’d share this here is because Bitcoin is often compared to gold nowadays, and after I discovered this, I can’t even believe I had never heard anyone bring this up in debate. Like really? Industry powered by millions of computers worldwide v.s industry powered by millions of children being exploited worldwide. Its surreal honestly. Is this actually what we've collectively decided is the most valuable asset in human history?
Obviously its more nuanced than this and horrible stuff like this goes on all the time but this really struck me since a huge part of the philosophy in crypto is rebuilding a system that doesn't allow for the injustice the world has become so accustomed to.
Putting all the other technical/philosophical reasons I love bitcoin aside, it feels pretty damn good to know we're challenging industries like this. I doubt this will ever be addressed by the media/politicians, especially considering how much money is in gold mining, but this reminded me of just how important this all really is and I felt obligated to share and hopefully some of you feel the same. To me, this is a metaphor for what Bitcoin is all about; disrupting and taking down systems built on taking from those they're meant to serve, and creating one that empowers them instead.
*some key stats/points I gathered from the articles
Submitted August 29, 2021 at 08:19AM by saccred https://bit.ly/3sT8wE9
Another SIM Swap Disaster
I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts.
Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin.
While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every financial app and had them locked immediately but I was far to late.
I found that the SIM was changed around midnight and a half hour later everything was withdrawn from one account and bank transfers were made, and withdrew from another.
So, if you haven't already started using an authenticator app, do it now. Tell your phone provider you must be in person with ID to make changes; this was not an option for me so I will change. Make sure your phone number is not connected to your email. Hell, use a separate email for each app. It seems like it is too easy for hackers to SIM swap; especially with the recent data breaches.
Transaction hash can be provided for verification if needed.
Hope this helps someone!
Submitted August 28, 2021 at 12:11PM by findwildair https://bit.ly/38hAYGi
Gold mining is the largest source of CHILD LABOR worldwide. The system Bitcoin threatens is more evil than I thought
I was reading some articles today and went down a bit of a rabbit hole that has made me more passionate about crypto than ever before. Ever since I was young I've heard stories of child labor in places like China for toy/clothing companies; but I was shocked to hear that the mining industry is the largest source of child labor in the world; approx. 1 million children in 22 countries worldwide work in gold mines and somehow I've never heard about it once in my life. Its also one of the most dangerous industries that still “employs” children, most are small scale operations with little to no regulations, and quite frankly, they don't give a shit about them. These children are exposed to toxic gases/dust and are at risk of tunnels collapsing on top of them, explosions, etc. Many end up severely injured or dead. All for some awesome shiny bricks. I'll leave it at that for the details of what goes on in the mining industry, but I encourage you all to read about it as well.Its pretty heartbreaking to find out shit like this but I can’t say I’m that surprised. The reason I thought I’d share this here is because Bitcoin is often compared to gold nowadays, and after I discovered this, I can’t even believe I had never heard anyone bring this up in debate. Like really? Industry powered by millions of computers worldwide v.s industry powered by millions of children being exploited worldwide. Its surreal honestly. Is this actually what we've collectively decided is the most valuable asset in human history?Obviously its more nuanced than this and horrible stuff like this goes on all the time but this really struck me since a huge part of the philosophy in crypto is rebuilding a system that doesn't allow for the injustice the world has become so accustomed to.Putting all the other technical/philosophical reasons I love bitcoin aside, it feels pretty damn good to know we're challenging industries like this. I doubt this will ever be addressed by the media/politicians, especially considering how much money is in gold mining, but this reminded me of just how important this all really is and I felt obligated to share and hopefully some of you feel the same. To me, this is a metaphor for what Bitcoin is all about; disrupting and taking down systems built on taking from those they're meant to serve, and creating one that empowers them instead.*some key stats/points I gathered from the articleshttps://preview.redd.it/5070c1m7a6k71.png?width=597&format=png&auto=webp&s=6a8525be3c9f20a92331ed22dbbb9d709d999553https://bit.ly/3ypEVTX via /r/Bitcoin https://bit.ly/3sT8wE9
What’s your Bitcoin endgame?
We all say we’re hodling forever. So what’s your ultimate plan?
Do you hodl till $1mil then start spending it? Take loans out against your coins?
I’m just curious because I don’t really have a plan, I’m just stacking for next 5 years or whatever. I’m running a BTC and LN node and I have a decent amount in LN channels, but even then I don’t want to spend anything right now.
Edit: ok, this exploded. Thanks for the info!
Submitted August 29, 2021 at 01:05AM by One_2_Three https://bit.ly/3gHqcxA
Five-star hotels in the Alps start accepting Bitcoin and Ethereum
Chedi Andermatt, a luxury five-star hotel in the Swiss Alps, has begun accepting Bitcoin and Ethereum payments. From now on, if hotel guests pay more than 200 Swiss francs (approximately US$218), they can choose to pay in Bitcoin or Ethereum. It is reported that the hotel has been considering accepting cryptocurrency for four years.
Submitted August 29, 2021 at 12:52AM by wenyao1118 https://bit.ly/3gH8PwJ
Bitcoin 4 Year Cycle — exponential highs, correction, accumulation and recovery.
https://bit.ly/3zqpax7
Submitted August 28, 2021 at 10:32PM by cryptoparody https://bit.ly/3BzZ3Vx
Submitted August 28, 2021 at 10:32PM by cryptoparody https://bit.ly/3BzZ3Vx
Chinese government says Bitcoin "has no value" as it begins newest phase of its anti-crypto crackdown. All foreign crypto exchanges, websites, and corporate pages are now blocked across China's Internet.
Submitted August 29, 2021 at 03:47AM by Extremely-Bad-Idea https://bit.ly/38moEEG
Chinese government says Bitcoin "has no value" as it begins newest phase of its anti-crypto crackdown. All foreign crypto exchanges, websites, and corporate pages are now blocked across China's Internet.
https://bit.ly/3jpisCd via /r/Bitcoin https://bit.ly/38moEEG
What’s your Bitcoin endgame?
We all say we’re hodling forever. So what’s your ultimate plan?Do you hodl till $1mil then start spending it? Take loans out against your coins?I’m just curious because I don’t really have a plan, I’m just stacking for next 5 years or whatever. I’m running a BTC and LN node and I have a decent amount in LN channels, but even then I don’t want to spend anything right now. via /r/Bitcoin https://bit.ly/3gHqcxA
Five-star hotels in the Alps start accepting Bitcoin and Ethereum
Chedi Andermatt, a luxury five-star hotel in the Swiss Alps, has begun accepting Bitcoin and Ethereum payments. From now on, if hotel guests pay more than 200 Swiss francs (approximately US$218), they can choose to pay in Bitcoin or Ethereum. It is reported that the hotel has been considering accepting cryptocurrency for four years. via /r/Bitcoin https://bit.ly/3gH8PwJ
Another SIM Swap Disaster
I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts.
Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin.
While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every financial app and had them locked immediately but I was far to late.
I found that the SIM was changed around midnight and a half hour later everything was withdrawn from one account and bank transfers were made, and withdrew from another.
So, if you haven't already started using an authenticator app, do it now. Tell your phone provider you must be in person with ID to make changes; this was not an option for me so I will change. Make sure your phone number is not connected to your email. Hell, use a separate email for each app. It seems like it is too easy for hackers to SIM swap; especially with the recent data breaches.
Transaction hash can be provided for verification if needed.
Hope this helps someone!
Submitted August 28, 2021 at 12:11PM by findwildair https://bit.ly/38hAYGi
Morgan Stanley raises its bet on Bitcoin: buys more than a million shares of Grayscale
https://bit.ly/3BfIjCs
Submitted August 28, 2021 at 06:00AM by thefoodboylover https://bit.ly/3jpuVpy
Submitted August 28, 2021 at 06:00AM by thefoodboylover https://bit.ly/3jpuVpy
Cubas Wikipedia now mention that Bitcoin is an official currency
https://bit.ly/3BfjXZy
Submitted August 28, 2021 at 08:11PM by Stromen https://bit.ly/3kBS47D
Submitted August 28, 2021 at 08:11PM by Stromen https://bit.ly/3kBS47D
Another SIM Swap Disaster
I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts.Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin.While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every financial app and had them locked immediately but I was far to late.I found that the SIM was changed around midnight and a half hour later everything was withdrawn from one account and bank transfers were made, and withdrew from another.So, if you haven't already started using an authenticator app, do it now. Tell your phone provider you must be in person with ID to make changes; this was not an option for me so I will change. Make sure your phone number is not connected to your email. Hell, use a separate email for each app. It seems like it is too easy for hackers to SIM swap; especially with the recent data breaches.Transaction hash can be provided for verification if needed.Hope this helps someone! via /r/Bitcoin https://bit.ly/38hAYGi
'No one has money.' Under Taliban rule, Afghanistan's banking system is imploding
https://cnn.it/3Dz8WEL
Submitted August 28, 2021 at 07:53AM by chobinhood https://bit.ly/3yokjLM
Submitted August 28, 2021 at 07:53AM by chobinhood https://bit.ly/3yokjLM
Is Bitcoin is the first geopolitically self-sovereign asset on earth?
Realestate is tied to the country it is located in.
Stocks and securities are tied to the country their exchange is located in.
Bonds are tied to the issuing government of the country that issues them.
Gold is tied to the country where the vault you store it in is located.
Cash is tied to the monetary policy of the country that issued it.
There is no other asset on earth that exists completely outside the control of all countries governments while simultaneously being able to be stored in multiple jurisdictions all over the world at once and is able to be moved instantly all over the world in seconds.
This makes bitcoin arguably the best form of property on earth inherently upholding the strongest form of property rights while being the one asset with the least geopolitical risk on earth.
If thats not the worlds supreme safe haven asset I don't know what is.
Submitted August 28, 2021 at 06:11AM by slvbtc https://bit.ly/2Y69Ub9
I’m very late to this all
Should I just go ahead and drop 1k into this via /r/Bitcoin https://bit.ly/3zp6qyl
Friday 27 August 2021
Daily Discussion, August 28, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.Join us in the r/Bitcoin Chatroom!Please check the previous discussion thread for unanswered questions. via /r/Bitcoin https://bit.ly/3DrHwR5
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