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    Bitcoin [Live Stream] - US Senate on Banking, Housing, Urban Access - Examining Regulatory Frameworks for Digital Currencies and Blockchain

    Bitcoin [Live Stream] - US Senate on Banking, Housing, Urban Access - Examining Regulatory Frameworks for Digital Currencies and Blockchain


    [Live Stream] - US Senate on Banking, Housing, Urban Access - Examining Regulatory Frameworks for Digital Currencies and Blockchain

    Posted: 30 Jul 2019 07:09 AM PDT

    Daily Discussion, July 31, 2019

    Posted: 31 Jul 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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    Putting my money where my mouth is...

    Posted: 30 Jul 2019 04:29 PM PDT

    New username for this one.. Well, I'm doing it. For better or worse. I'm all in.

    I just refi-ed my house, and putting my equity in BTC. I'm sure many of you will tell me that I'm nuts. Maybe you are right, but I think the math is pretty solid.

    I don't day trade. I buy and hold. Don't need a lambo and I don't expect to get rich overnight. Yes, I did my research. Yes, I diversified my investments. If this fails, it'll hurt but I won't be homeless. I'll just retire a little later.

    If it succeeds? Let's define success. I have lived in the same house for 20+ years. I bought a repo in a nice neighborhood for cheap and put a lot of sweat into it over the years, repairing and remodeling. I built of equity and worked hard to pay down the loan. In planning for retirement in a few years, I was reviewing my finances, and figured that the biggest investment in my life (my house) had a large amount of money just sitting there, as equity, not helping me get any closer to retirement. With mortgage interest rates near record lows and being one of the few tax deductions that I have, I thought, why not take advantage of this.

    A couple of years ago, I started dabbling in BTC and ETH. Through it's ups and downs, BTC has been the best performing investment that I have ever had. I'm not high on hopium. I just understand how Bitcoin solves the problem of low friction, cross-border financial transactions, big and small. I think there's some "there" there.

    So, I'm literally putting my money where my mouth is. If, BTC teaches $33k, my house is paid off. Success! If it reaches $115k, I'm retired. Success! But, if it only has a 4% annual return, it is still more than than it was earning before. Success.

    My horizon is 12 years. Will I reach my goal before then? I absolutely think so. With a halving in 2020 and 2024, I suspect I'll hit those numbers way sooner. If not, I'll have lots of stories to tell.

    I'm not suggesting that anyone follow my lead. You do you. But, this is the path I've chosen.

    I'm grateful for my wife, who has patiently listened to me ramble about hashing, halving and hodling. She finally, graciously, agreed to this plan. I hope that her trust is well placed.

    Not much more to say. My adventure begins now. I'll keep you all updated as we progress. I'm grateful for this current dip.

    Happy hodling!

    submitted by /u/hodl_the_mayo
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    Congress trying to figure out there "Schrodinger's privacy" argument at the cryptocurrency hearing to protect incumbent elites interests.

    Posted: 30 Jul 2019 05:29 PM PDT

    The Daily Routine

    Posted: 30 Jul 2019 07:12 PM PDT

    Cybercash, as imagined in 1998

    Posted: 30 Jul 2019 05:17 AM PDT

    Kinda...

    Posted: 30 Jul 2019 05:51 PM PDT

    Tomorrow, Bitcoin will experience the first US Federal Reserve interest rate cut in its history

    Posted: 30 Jul 2019 09:08 PM PDT

    I got goosebumps reading this

    Posted: 30 Jul 2019 09:42 PM PDT

    Our store is located in “The Citadel Outlets” in Los Angeles. Felt right to sell and inform customers on Bitcoin. Also, kids know what it is while their parents are confused on the topic. Bullish!

    Posted: 30 Jul 2019 03:39 PM PDT

    Chairman Crapo: "I'm pretty confident we couldn't succeed" in banning cryptocurrency - July 30 2019

    Posted: 30 Jul 2019 12:24 PM PDT

    ⚡️ lnd v0.7.1-beta has just been released! ⚡️

    Posted: 30 Jul 2019 03:29 PM PDT

    HODL EM!

    Posted: 30 Jul 2019 04:53 PM PDT

    ‪In 2013 I told people Bitcoin is the PayPal for nerds.‬ In 2019 I tell people Bitcoin is a decentralized equity based monetary system for the internet.

    Posted: 30 Jul 2019 02:40 PM PDT

    Today 1,800 Bitcoin are created each Day. In 2040, it will be about 28.125. LET that sink it.

    Posted: 30 Jul 2019 07:57 PM PDT

    Hodl on friends.

    submitted by /u/AgroOW
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    After 2 years, search term for "Bitcoin" finally surpassed "Stocks" on Google

    Posted: 31 Jul 2019 12:25 AM PDT

    Have you still not read the complete works of Satoshi? Here is a free audiobook of everything he ever wrote, just click the Mega link.

    Posted: 30 Jul 2019 09:32 PM PDT

    my satoshi symbol #7

    Posted: 30 Jul 2019 11:17 PM PDT

    Utility value of Bitcoin cannot function if it is treated as property by the IRS... it is money in every sense of the word and should be treated the same way as USD

    Posted: 30 Jul 2019 05:03 PM PDT

    We have to allow for parallel currencies.

    submitted by /u/the420chronicler
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    US Lawmakers Are Realizing They Can’t Ban Bitcoin

    Posted: 30 Jul 2019 03:12 PM PDT

    If you think Bitcoin is a crazy idea, then you've not looked back at the history of paper money

    Posted: 31 Jul 2019 01:54 AM PDT

    Great piece in the Newyorker about monetary adventures of John Law and Walter Bagehot and how they almost bankrupted entire countries, but their ideas live to this day

    https://www.newyorker.com/magazine/2019/08/05/the-invention-of-money

    submitted by /u/chrismug
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    Last day for free Bitstamps withdrawals!

    Posted: 31 Jul 2019 02:05 AM PDT

    Tomorrow Bitstamp will start a mobster withdrawal fee for bitcoin withdrawals. Get your coins of that exchange and lets start a search for an equal/better exchange!

    submitted by /u/Bitcoin_puzzler
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    ~ 290 Days & 12 Hours until the Bitcoin block reward halving. We made a timer to help you follow along.

    Posted: 31 Jul 2019 01:59 AM PDT

    "But people do not worry about the value of their paper money." From a book called The Story of Money that we checked out of the library for our children, copyright 1993

    Posted: 30 Jul 2019 04:09 PM PDT

    Saw this ad on the metro today

    Posted: 30 Jul 2019 02:38 PM PDT

    Bitcoin in Las Vegas. Ironic that Trump hotel is in the background

    Posted: 30 Jul 2019 07:40 PM PDT

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