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    Bitcoin Daily Discussion, August 01, 2018

    Bitcoin Daily Discussion, August 01, 2018


    Daily Discussion, August 01, 2018

    Posted: 01 Aug 2018 02:00 AM PDT

    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!

    Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

    We have a couple chat rooms now. Come say hello.

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    You guys are idiots this currency isn’t working for me

    Posted: 31 Jul 2018 12:27 PM PDT

    *screaming continues*

    Posted: 31 Jul 2018 11:00 PM PDT

    Ross Ulbricht's Murder-for-Hire Charges Dropped by U.S. Attorney

    Posted: 31 Jul 2018 07:23 AM PDT

    Spotted in Central Park, NYC

    Posted: 31 Jul 2018 09:39 AM PDT

    Bitcoin ETF status ...

    Posted: 31 Jul 2018 09:00 PM PDT

    “Bitcoin is Erasing 300 Years of Monetary Evolution” is not a criticism, it’s exactly why I use it!

    Posted: 31 Jul 2018 05:56 PM PDT

    delugional?

    Posted: 01 Aug 2018 02:20 AM PDT

    "If you want to argue that I’m wrong, answer the question of what problem cryptocurrencies solve" - Krugman [Is this guy an idiot?]

    Posted: 31 Jul 2018 08:37 PM PDT

    $85M USD in buy orders at $7700! Never seen this before, good luck bears....

    Posted: 31 Jul 2018 09:36 AM PDT

    The movie "Too Big To Fail" is the greatest advertisement for Bitcoin ever created

    Posted: 31 Jul 2018 05:38 PM PDT

    So we all know Bitcoin was created in the wake of the financial crisis, which is covered well in the HBO movie, Too Big To Fail. If you haven't seen it, I highly recommend.

    Specifically, there is one scene where William Hurt, playing Treasury Secretary Hank Paulsen, is talking to his wife about the possible collapse of the financial system. In it he describes how it would happen and how it's all built on trust and banks lending to other banks, if one domino goes they all go, and pretty soon the average Joe will be worrying about the money in his bank and smashing ATMs.

    The whole time he's talking I'm just thinking about how if we had a system built on Bitcoin and the blockchain, no one would have to worry like that. Their money would be safely in their wallet, unmovable without their consent. NO WOULD WOULD HAVE TO TRUST ANYONE IN ORDER FOR THE SYSTEM TO WORK!

    How is that not an objectively better reality? Instead, this man, Hank Paulsen, acted in ways that led to TRILLIONS in taxpayer money (your money!) to give to the very people whose greed and recklessness caused the failure and suffering in the first place.

    Bitcoin is going to change lives, because people are going to want what it has to offer.

    submitted by /u/DRAAIIIIINNNNIDGE
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    Happy UASF Day!

    Posted: 31 Jul 2018 11:12 PM PDT

    Happy UASF Day everyone!

    I think it's important for us not to forget the stand taken against miner stalemating and big business collusion just 1 short year ago. Because of the efforts of those willing to put their monetary and transactional influence toward the activation of segwit, without compromising to centralization, we were able to take another step of progress after years of deadlock, and set the tone that this is a monetary system where the true power resides within the collective of users.

    So Thank You, to all those who voiced their beliefs with running code, Let us never forget the example set in the coming decades and century!

    submitted by /u/Obscure_Buffalo
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    Today Is Milton Friedman's 106 Birthday. Economic Genius and Nobel Prize Winner. Predicted Bitcoin In 1999.

    Posted: 31 Jul 2018 02:38 PM PDT

    So I saw this at my local movie theater

    Posted: 31 Jul 2018 08:28 PM PDT

    1st August #BitcoinIndependenceDay #UASF #BIP148 #SegWit

    Posted: 31 Jul 2018 11:47 PM PDT

    Why has nobody tried to anonymously found a crypto protocol? Bitcoin is the only crypto project run by a community.

    Posted: 31 Jul 2018 09:09 PM PDT

    Northern Trust With $10.7 Trillion in Assets Under Management Opens Doors to Cryptocurrency Hedge Funds

    Posted: 31 Jul 2018 12:21 PM PDT

    The $415 Million Elephant In the Room (OKex Futures Unfilled BTCUSD Liquidation)

    Posted: 31 Jul 2018 04:42 PM PDT

    Analysis - SEC Commissioner Believes Winklevoss Bitcoin ETF Wrongfully Rejected

    Posted: 01 Aug 2018 01:19 AM PDT

    My first purchase on Lightning! Another node joins the ranks. Love it.

    Posted: 31 Jul 2018 10:20 AM PDT

    Lightning Network Issues - This deserves an honest discussion

    Posted: 01 Aug 2018 02:08 AM PDT

    Krugman thinking his opinion matters

    Posted: 01 Aug 2018 12:21 AM PDT

    Binance Acquires Trust Wallet in Its First Ever Acquisition

    Posted: 01 Aug 2018 12:41 AM PDT

    Thailand’s Largest Movie Theater Chain Will Now Accept Bitcoin

    Posted: 31 Jul 2018 07:49 PM PDT

    KPMG Reports – Blockchain investment booming in U.S., breaches 2017 record in H1 2018 itself

    Posted: 01 Aug 2018 12:18 AM PDT

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