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    Bitcoin Daily Discussion, February 20, 2020

    February 20, 2020

    Bitcoin Daily Discussion, February 20, 2020

    Daily Discussion, February 20, 2020

    Posted: 19 Feb 2020 11:00 PM PST

    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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    Bitcoin Optech Newsletter #85

    Posted: 19 Feb 2020 08:23 AM PST

    The Bitcoin Standard

    Posted: 19 Feb 2020 11:03 PM PST

    Wise Quote by Wei Dai #Bitcoin

    Posted: 19 Feb 2020 04:09 AM PST

    Blockchair's Bitcoin explorer is now available on the Tor network! The hidden service works without JS and third-party trackers.

    Posted: 20 Feb 2020 01:45 AM PST

    This is what actually happens when they say BITCOIN is WORTHLESS

    Posted: 19 Feb 2020 08:13 PM PST

    Cypherpunk pioneers

    Posted: 19 Feb 2020 11:11 AM PST

    Lone bidder purchased 3991 of the 4041 BTC auctioned by U.S. government on Tuesday.

    Posted: 20 Feb 2020 03:53 AM PST

    Address: 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ

    Time(UTC) BTC RECIPIENT TXID
    2020-02-19 22:51 500 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 3f7745cd9bc83e8fbf4a7c2d9e46b0a61035a0edc2b927bc0cf0d217b2b2e464
    2020-02-19 22:51 500 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 49f69fe81d594395332a08e3222a4ba562b77089ece59683dd2debcc47c5ddb6
    2020-02-19 22:51 500 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ b3b6b3c4ef1809483b0bec39d4fa17f18afaa2847060eead52bac177c7df322b
    2020-02-19 22:58 500 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 067bc8310071dfb520f170f1cbd58350d0646d994bc0d4ba90f8727c4db01509
    2020-02-19 23:11 500 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ ed429f308d38fc676ce3601c3746fd02d327f258207560cd619b812c1a42cccc
    2020-02-19 22:17 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 50dc144f391fd6adebd30c933e68345948a6eae9093d751eaaab7921841fbe7f
    2020-02-19 22:58 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 37c76d5f5d16fe9fba93dff0c7be1972f71c52ddb6a1542a05cdc47d64915696
    2020-02-19 22:58 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ d5ec3e1c743cff66c93f5f18cea0f3f2110df7d068a57e1df80e9f745d6a1776
    2020-02-19 22:58 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 8feced9092baf6f323ae10ee6da46a490a7c782b1134e27363e18afee8f4e85f
    2020-02-19 22:58 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ f6618183c93326d0470c3e6718a43ee02f2747984dbb5c78d74ee89fd8a98056
    2020-02-19 23:45 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 7d2b16e427b097186170e334e1d0e66e6a02a5814ef3b2f23cd1b03be5264388
    2020-02-19 23:45 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 12a03cad42fd025a0ca1c52ad300578546f1b4fe98bc8c27ef91ba9a48b3d371
    2020-02-19 23:45 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 87c240b1a42ee1494654808fb500e5027394b265a619d69ce3ff7c477d05adc8
    2020-02-19 23:45 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 39d437d3cc6c0af4b2e0c0c8fba9dce8fd0fe28133c55e9ed63696eba2d03d8a
    2020-02-19 23:54 100 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ d6d0af3faaae88ead220140d4b57704d064faff37a7604c19070900f1fbcb180
    2020-02-19 19:55 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 26eff52636bee073927bd6a06ac8bc4dabdde4023f457ce3afa2a1da36008ff5
    2020-02-19 20:23 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 110fcc7cc591061c29eac6966848c03e848f45c6bcd05b90918f202b09daa0d2
    2020-02-19 20:23 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 967b7db0669e774a585cf131b08bf08fb074a00d73e2893abac2baf8b757306d
    2020-02-19 20:45 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 29b9efaf88ea9c0e37232a5d9c551a7f26b36ffe8be4a3a233f6f9784e39ac0c
    2020-02-19 20:57 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 981dffb7f83bd74da7c9f54a722afb367b04bf993cac070a03ae120a4c75d8fb
    2020-02-19 21:25 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 49600384ad782472aae4d9d8089acdc638f3bdb972abac3b93ded65b743fa431
    2020-02-19 21:25 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 0391f960036b63b0f8a8efa0893c262ce7f4071b0c09f7cfb7d4c59840f7cf87
    2020-02-19 21:48 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 2e080d561b06ee6260285535e1c7eb0f0c17a8dcebdea187928ae9745f5d8fa3
    2020-02-19 21:48 50 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ e367cca4735d2b744e193d8e9c9bf8b152c0f7e8968f726698ab74150274b171
    2020-02-19 19:38 41.53424932 3PCZgWkS6dp3hXkPDv7uqJpZgCcEThKiLZ 452d3b0171926eb127daeae2ad6629d7d28902f892e75136788146e8d699aa29
    submitted by /u/yoDANIMALgurt
    [link] [comments]

    Bitcoin’s “Sats” Have a Unique Feature that can be Globally More Adopted than Cents: Visa’s Crypto Head

    Posted: 20 Feb 2020 12:13 AM PST

    “Bitcoin is backed by nothing”

    Posted: 20 Feb 2020 01:48 AM PST

    In a democratic world with a free market, "money" is whatever the public decides it to be.

    Money was adopted for the simple reason, back in the days when people were producing and trading each other's goods, trading was way more difficult as Person B might not want Person A potatoes, while Person A wanted Person B milk, so a trade couldn't be established. To solve this problem people started using rare precious metals and other things that considered rare and later failed, to have a medium of exchange so people would be able to trade which are not direct trades.

    Later on they understood that gold wasn't easy to move, and banks came into place with an offer to centralize the gold and give receipts in return that confirms that you own X gold in their reserves, so you can use those receipts to trade without having to carry kilograms of gold for big trades.

    Later on bankers made their way to politics, and instead of being in the role of "money keeper", they now became the money keeper and the money lender. But how can you lend of you have to hold gold reserves for each receipt you print? Good question. Let's just low the reserve rate for banks, so we can inflate the currency on the back of others, no one really cares about it nor knows / interested in how economic rules work, so people wouldn't notice.

    Later one in 1971 they completely untie this paper bill that supposed to be receipt for gold reserves to ease peoples trade, they untie the asset that was used for 5000 between people, and impose their paper bills that can be inflated without us even knowing, for us to use.

    It's 1 week prior to elections in my country, I hear people arguing regarding the elections 4-5 times a day at least for the past 2 weeks, and no one seemed to be happy with what's going on in our country.

    So people are seeking for change and being unhappy with the current systems, but from the other side neglecting and trying to demolish the thing that gives them their power and rights back?

    "To understand bitcoin you must understand money"

    submitted by /u/fittes7
    [link] [comments]

    Kudos.. Nice take!

    Posted: 20 Feb 2020 04:46 AM PST

    Morgan Creek Capitals Mark Yusko weighs in on Bitcoin. To $30,000???

    Posted: 19 Feb 2020 05:27 PM PST

    Global Asset Bubble 2020 Update - The World Has Gone Mad. It's Time For Bitcoin...

    Posted: 19 Feb 2020 10:35 PM PST

    Rolling a 401K into a Self-Directed IRA to purchase Bitcoin/Crypto?

    Posted: 20 Feb 2020 12:12 AM PST

    I have a 401K from a previous employer and I am looking to roll it over into a self directed IRA to purchase Bitcoin/crypto. I am looking for advice from anyone that has recently done this and any recommendations they may have. I am looking into Broad Financial to facilitate the rollover but I am open to looking to other providers as well. Any insights into costs/fee structures, pitfalls, account setup, etc. would be greatly appreciated. I know this is not the first time someone has posted this but I wanted to get updated information as this space is constantly evolving.

    submitted by /u/shicekopf
    [link] [comments]

    Coldcard Electrum Setup - No hardware device detected.

    Posted: 20 Feb 2020 03:50 AM PST

    I know this isn't a support forum, but not sure where to post this question and this place has always been helpful for beginners...

    I'm trying to set up Coldcard to work with Electrum via USB cable. I've followed the steps here:

    https://electrum.readthedocs.io/en/latest/hardware-linux.html

    sudo apt-get install libusb-1.0-0-dev libudev-dev sudo python3 -m pip install ckcc-protocol wget https://raw.githubusercontent.com/Coldcard/ckcc-protocol/master/51-coinkite.rules sudo mv 51-coinkite.rules /etc/udev/rules.d/ sudo udevadm control --reload-rules && sudo udevadm trigger

    However, I'm still getting the "No hardware device detected." error when trying to set up a new wallet.

    I've unlocked Coldcard with the PIN, restarted the computer, tried different computers, etc. I feel like I'm missing something and not sure how to identify the problem.

    Anyone else had a similar problem? Any tips on where to go from here?

    submitted by /u/in3rsha
    [link] [comments]

    Two Dutch Nationals Arrested For Million-Euro Bitcoin Money Laundering Allegations

    Posted: 20 Feb 2020 01:12 AM PST

    Have you ever heard of Rumpelstiltskin?

    Posted: 20 Feb 2020 04:49 AM PST

    BTFD!!

    Posted: 19 Feb 2020 01:55 PM PST

    Bitcoin 2013 - don't forget the past.

    Posted: 20 Feb 2020 01:52 AM PST

    The U.S. Feels Threatened by Bitcoin and is Looking to Find How Bad it Could Be

    Posted: 20 Feb 2020 01:16 AM PST

    Exchanging and storing safely

    Posted: 20 Feb 2020 01:57 AM PST

    what's the best and most private way to exchange from btc to usdt (and back)? and a good private wallet where I can store my usdt safely instead of exchanges that constantly get hacked and ask for kyc

    submitted by /u/HitlerAnimeTiddies
    [link] [comments]

    Peter Thiel-backed Layer1 begins mining bitcoin at its West Texas facility - The Block

    Posted: 19 Feb 2020 09:27 AM PST

    Gurba's gon fishin' if you're a #notyourkeys person, rest easy knowing that this expedition is #notyourproblem ;)

    Posted: 20 Feb 2020 03:20 AM PST

    Fidelity Knows ��

    Posted: 19 Feb 2020 05:18 AM PST

    Bitcoin Mining Engineer

    Fidelity made a job posting yesterday for bitcoin mining engineers. Ladies and gentlemen, make sure your seat belts are buckled. The next few years are going to be a wild ride.

    submitted by /u/da_engineer22
    [link] [comments]

    Coinbase trading activity has shifted from 60% buy to 66% after price dip today.

    Posted: 19 Feb 2020 03:20 PM PST

    Yeah, it’s a tad trashy and my wife is completely embarrassed by my plate and magnets, but I love it... Feeling bullish (I’m not trying to dupe anyone, just sharing)

    Posted: 19 Feb 2020 02:19 PM PST
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