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    Tuesday, September 25, 2018

    Bitcoin Daily Discussion, September 25, 2018

    Bitcoin Daily Discussion, September 25, 2018


    Daily Discussion, September 25, 2018

    Posted: 25 Sep 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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    Scrabble adds 'Bitcoin' to its official dictionary of words

    Posted: 24 Sep 2018 04:29 PM PDT

    Bitcoin news sites in a nutshell.

    Posted: 24 Sep 2018 05:43 AM PDT

    Bic Camera Tokyo ACCEPTS bitcoin at all stores! And they sell nano ledgers!

    Posted: 24 Sep 2018 07:14 PM PDT

    How many Transactions per Second are possible in one Payment Channel of Bitcoins Lightning Network?

    Posted: 25 Sep 2018 02:26 AM PDT

    First ever crypto bank is coming real soon, and just secured €4 million in funding

    Posted: 25 Sep 2018 02:44 AM PDT

    Breaking: Slush Pool operator introduced Braiins OS "the very first open-source OS" for S9 and T1. No Antbleed-like backdoors anymore.

    Posted: 25 Sep 2018 03:10 AM PDT

    Bitcoin Breakthrough? Japanese Giant Opens Corridor To Africa

    Posted: 25 Sep 2018 12:37 AM PDT

    IranbyBit: Bitcoin-Powered Tourism Fueling Iranian Economy

    Posted: 25 Sep 2018 02:07 AM PDT

    IranbyBit: Bitcoin-Powered Tourism Fueling Iranian Economy

    https://i.redd.it/wy3i6upwoco11.jpg

    An Iranian travel startup is tackling the country's economic sanctions and consequent financial exclusion by offering visitors to the country an opportunity to pay for their travel experience with Bitcoin.

    Speaking to Bitcoin News, IranbyBit's founder Setare Shabanipour discussed the importance of having the option to pay with Bitcoin, and how the business is helping to grow both the tourism sector in Iran and international levels of Bitcoin adoption.
    Why does Iran need a Bitcoin travel option?
    Iran has been subject to economic sanctions from the US, the European Union and the United Nation Security Council in various capacities since the Iranian Revolution in 1979. Through the years, the sanctions have taken the forms of asset freezes and trade embargos, which have taken a serious toll on the country's economy and people.

    It is difficult to send and receive money from other countries while based in Iran, creating a major issue for attracting outsiders to visit the country. Shabanipour explained that tourists are not able to use credit cards, Visa or Mastercard; "Travelers need to exchange their money to the Iranian local currency and carry cash with themselves which is a troublesome and an unpleasant experience," she said. It also makes it difficult for international travelers to book their accommodation and events such as local tours before they enter the country.

    To read more about why Bitcoin is getting Iranians excited: https://bitcoinnews.com/iranbybit-bitcoin-powered-tourism-fueling-iranian-economy/

    submitted by /u/buwaytress
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    Update and run a full node if you want to change the world!

    Posted: 25 Sep 2018 03:25 AM PDT

    Can u/luke-jr expand on these comments?

    Posted: 25 Sep 2018 03:58 AM PDT

    I quit my job to start an Accounting Crypto Tax Firm [ Australia ] Free Tax Source Wiki

    Posted: 25 Sep 2018 03:51 AM PDT

    Hello /r/Bitcoin

    I quit my job to start a Chartered Accountant, Registered Tax Agent Firm!

    While i am in the early days and rather unoccupied, I've decided i will spend my spare time creating a free tax source Wiki for all crypto related questions & answers. I want to try explain any difficult to understand, or overly technical tax terms in as simple English as possible.

    I already have a handful of pages of notes, mostly covering tax treatments, but its not enough. I was hoping i could get some recommendations of what sort of content to focus on / what it is people are struggling with the most, or even any specific tax related questions that anyone wants answered.

    Any ideas are welcome, there are no stupid questions.

    Thank you.

    submitted by /u/ETHaccountant
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    Hey you, upgrade your node already you lazy bastard

    Posted: 24 Sep 2018 08:26 AM PDT

    Stop fucking around unless you want your Bitcoin to decrease in value.

    submitted by /u/shtcoinr
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    Bitcoin atm installed at a gas station near my work!

    Posted: 24 Sep 2018 11:23 AM PDT

    The international race to build a quantum computer heats up

    Posted: 25 Sep 2018 01:18 AM PDT

    update to rawtx lightning network wallet

    Posted: 24 Sep 2018 11:59 AM PDT

    Hey everyone,

    Just released an update to the rawtx wallet for lightning network. You can find the links at https://rawtx.com or just search for it on the app stores. You can also get the source code at https://github.com/rawtxapp/rawtxapp.

    This update has a simpler UI and bundles lnd 0.5 which brings a lot of bug fixes and improvements. It's still for testnet, though mainnet is coming soon.

    Let me know if you run into any issues.

    submitted by /u/rawtxapp
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    Adoption is rising: Research shows that more bitcoin is being held by individual users

    Posted: 24 Sep 2018 08:00 AM PDT

    The reserve currency fallacy - Honeybadger 2018

    Posted: 24 Sep 2018 02:56 PM PDT

    Pretty much how I got into bitcoin

    Posted: 24 Sep 2018 06:40 PM PDT

    Monday Art - Is there bread?

    Posted: 24 Sep 2018 10:09 AM PDT

    Feast like a beast! Buy food with Bitcoin at Burger King, Papa Johns, Dominos, Chipotle, Dunkin’ Donuts, and The Cheesecake Factory only at Bitrefill!

    Posted: 24 Sep 2018 09:29 AM PDT

    Bitcoin based webshop

    Posted: 25 Sep 2018 02:47 AM PDT

    I truly wonder what you guys thinks about this project. I'm about to launch a webshop where you can actually pay with bitcoin, and bitcoin exclusively.

    The main argument against bitcoin is that it is only good for buying drugs on the darknet, no acceptance from the retail world for it's questionably future and volatility, market manipulations, scams, you name it.

    Say there is a brave idiot like who is willing to take a risk to adopt bitcoin as form of payment. I've worked out a scheme that keeps the operation safe from bitcoin's volatile nature, all automated. The reason behind the birth of the idea is the excessive taxation of small businesses in my shithol Yuropoor country. All legal details worked out, there is a legit company behind, conforming all legal requirements. Again, it has to be bitcoin only, to avoid tax authorities seeing finances.

    Now, here comes the problem from the customer's point of view. Okay, I pay with my bitcoin, the transaction goes through but I feel unsafe as there is no payment processor between the merchant and myself, giving some sort of protection against a possible fraud. What if I pay and the goods never arrive, I can not even get a chargeback and I'm screwed for good.

    Would you ever buy anything from a bitcoin only webshop? What would make you confident buying from such an outlet?

    submitted by /u/DelusionalHambeast
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    Can the rule of First 4 letters must be unique between all words be changed in future for BIP39

    Posted: 25 Sep 2018 12:24 AM PDT

    I will buy a crpytosteel. The product just allows to use the first 4 letters, so is it safe to just write the first 4 letters?

    submitted by /u/isdudu
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    Italian Soccer Club Juventus Follows France’s Paris Saint-Germain to Launch ‘Fan Token’

    Posted: 24 Sep 2018 05:48 PM PDT

    Canada More Blockchain-Friendly Than US: Bitcoin Mutual Fund CEO

    Posted: 24 Sep 2018 10:15 PM PDT

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