Bitcoin Daily Discussion, April 22, 2019

Daily Discussion, April 22, 2019
Happy Easter Everyone! here is a 3D render i made this morning.
Will bitcoin become the reserve currency of the world?
Economist: Bitcoin Is Incomparable To Any Bubble Or Company In History, New Report Says Its Time To Buy
I decided to make a wee Easter egg hunt - except you're looking for parts of a private key instead of eggs
IMF: "How to Make Deeply Negative Interest Rates Work" - This Article Should Scare You...
Monday Art Easter Special - Stefania Nistoreanu
Bitcoin’s Long Road to Privacy
Will the next FOMO wave take us to 6 digits?
Chinese Government positive mentioning of Blockchain !!!
Bitcoin ATM spotted in Tbilisi (Georgia)
IMF doesn't give a f* anymore..
Losing confidence in the central bank is one of the factors behind the rise in bitcoin
Monday Art - John Doe edition
Venezuela UPDATE. 1 BTC is 27,000,000 Bs. Last week it was 23,000,000 Bs. Monthly minimum wage down to 3.5 USD. 1,454 BTC were traded last week. More than 2,000,000 of minimum wages.
Hodl Hodl launches crypto-to-crypto Wednesdays this week
The story is that this warehouse in my home town that burned down last week was a Chinese owned Bitcoin mining operation called 3G Ventures. I can't seem to find anything on them. Has anyone heard of them?
Will Cubans Turn to Bitcoin Amid Tanking Economy and Food Shortages?
Monday Art - John Doe edition
Monday Art - John Doe edition
This is How You Get Caught on the Dark Web. The couple splurged on four luxury vehicles – a $900,000 2013 Lamborghini Aventador LP700-4 with a vanity license plate that read “TOR”
Seasteading bitcoin couple charged with violating Thai sovereignty as navy boards floating home
Bitcoin Price Volatility Soars 200% in April
How Tokens Are Shaking Up Industries And Creating New Economies
Bitcoin: the Genesis (E1)

Daily Discussion, April 22, 2019

Posted: 22 Apr 2019 12:00 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!

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!

Please check the previous discussion thread for unanswered questions.

submitted by /u/rBitcoinMod
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Happy Easter Everyone! here is a 3D render i made this morning.

Posted: 21 Apr 2019 06:45 AM PDT

submitted by /u/TokenDesigner
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Will bitcoin become the reserve currency of the world?

Posted: 21 Apr 2019 11:37 PM PDT

Yes, the future value of bitcoin has always been debatable. But, this article I found online has some impressive points and facts that add to the growth of the bitcoin as a global currency.

https://medium.com/@odeskpawan1/will-bitcoin-become-the-reserve-currency-of-the-world-c449efdd0e8b

But, what do you think about this? Could bitcoin really become the reserve currency of the world? Let me know your views on the same.

submitted by /u/Altcoin_Sidekick
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Economist: Bitcoin Is Incomparable To Any Bubble Or Company In History, New Report Says Its Time To Buy

Posted: 22 Apr 2019 02:44 AM PDT

submitted by /u/Kiguru
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I decided to make a wee Easter egg hunt - except you're looking for parts of a private key instead of eggs

Posted: 21 Apr 2019 11:13 PM PDT

submitted by /u/CryptoHunt_YT
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IMF: "How to Make Deeply Negative Interest Rates Work" - This Article Should Scare You...

Posted: 21 Apr 2019 03:06 PM PDT

submitted by /u/nugget_alex
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Monday Art Easter Special - Stefania Nistoreanu

Posted: 21 Apr 2019 11:31 PM PDT

submitted by /u/tldr-hodl
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Bitcoin’s Long Road to Privacy

Posted: 22 Apr 2019 12:18 AM PDT

submitted by /u/GroupAxir
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Will the next FOMO wave take us to 6 digits?

Posted: 22 Apr 2019 02:56 AM PDT

The context is allready in progress, Venezuela, Iran, Cuba, Mexico, Turkey, but a lot more countries are slowly going to CC since their local currency is inflating to hyper inflating.

Right now the market seems to be in a balance, the offered Bitcoins match demand. This is partly thanks to these currencies being allready inflated a lot so available fiat can buy just a little Bitcoin compared to some years ago. But the overall demand is just increasing since more and more currencies will get more inflationary.

At some point demand will simply outrun supply. This will make Bitcoin go up again to the point it will become headlines in the news again. Then the next wave of new FOMO kicks in. Besides the countries that are more or less forced to use Bitcoin due to their native fiat inflating away, a lot of other people will be triggered to accumulate.

Once this turning point sets in I presume we are in for a surprise. The last down turn has done a good job getting rid of the weak hands. The next halving is coming, let alone if it would collide or just follow after the demand overwhelming supply from the previous described situation, it could also just be the trigger for the next run. Lightning should be able to handle additional transactions or the network overflow would be the last trigger needed to push lightning into mainstream. You can bet institutional money won't sit on the side line the moment we pass previous ATH.

I'm quite confident next bullrun will make us see the first $10k jump a day. Are you buckled up?

submitted by /u/Btcyoda
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Chinese Government positive mentioning of Blockchain !!!

Posted: 21 Apr 2019 10:46 PM PDT

This article just appeared on the official SPP Chinese Government website talking about Factom and Bitcoin, it's recent use as evidence in court there and the need to do much more of this.

The SPP is The Supreme People's Procuratorate, also translated as the "Prosecutor General's Office" (Chinese: 最高人民检察院; pinyin: Zuìgāo Rénmín Jiǎncháyuàn) is the highest national level agency responsible for both prosecution and investigation in the People's Republic of China. Hong Kong and Macau.

It's a pretty big deal to have the Chinese authorities onside, especially with the ongoing/expanding DHS and U.S Dept of Defence work.

Here's a translation:

https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=http://www.spp.gov.cn/spp/llyj/201904/t20190417_414991.shtml&xid=17259,15700023,15700186,15700191,15700253,15700256,15700259&usg=ALkJrhjfJc0c5afqwdjLeaow-ClcQOm1VA

submitted by /u/KevKo79
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Bitcoin ATM spotted in Tbilisi (Georgia)

Posted: 21 Apr 2019 12:15 PM PDT

submitted by /u/raph_ael
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IMF doesn't give a f* anymore..

Posted: 21 Apr 2019 07:45 AM PDT

"In a cashless world, there would be no lower bound on interest rates. A central bank could reduce the policy rate from, say, 2 percent to minus 4 percent to counter a severe recession. The interest rate cut would transmit to bank deposits, loans, and bonds. Without cash, depositors would have to pay the negative interest rate to keep their money with the bank, making consumption and investment more attractive. This would jolt lending, boost demand, and stimulate the economy."

For everyone who has still some brain cells left, this is a good time to buy bitcoin!

Edit: Source: https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/

submitted by /u/BTCkoning
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Losing confidence in the central bank is one of the factors behind the rise in bitcoin

Posted: 21 Apr 2019 11:14 AM PDT