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    Bitcoin Daily Discussion, February 24, 2020

    February 24, 2020

    Bitcoin Daily Discussion, February 24, 2020

    Daily Discussion, February 24, 2020

    Posted: 23 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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    First Bitcoin purchase: Mojito in Mexico City

    Posted: 23 Feb 2020 01:53 PM PST

    Right now Bitcoin has 'mass awareness'. But, listen to Willy Woo give the most REALISTIC answer I've ever heard to: When will Bitcoin reach mass adoption?? [Unconfiscatable Conference 2020]

    Posted: 23 Feb 2020 02:14 PM PST

    It's cold on the moon. Better pack your fleece vest!

    Posted: 23 Feb 2020 10:32 AM PST

    Monday Art - Yulia Tkach

    Posted: 23 Feb 2020 11:41 PM PST

    Antonopoulos discussing what would happen in the next global economic crisis.

    Posted: 23 Feb 2020 11:21 PM PST

    Bullish! JP Morgan Just Said Crypto Assets Belong to Your Portfolio

    Posted: 24 Feb 2020 01:38 AM PST

    Simpsons Cryptocurrency Equation

    Posted: 23 Feb 2020 05:51 PM PST

    So I'm sure some of you have seen r/wallstreetbets getting crazy attention in the media but they're 100% against Bitcoin discussion. I thought it would be cool to have a place with a similar vibe that allows Bitcoin discussion, so I've setup a crypto version: r/SatoshiStreetBets!

    Posted: 23 Feb 2020 07:19 AM PST

    Nothing too serious, just a place to come after a hard day's trading and shitpost.

    This is the un-styled "no participation" version of the link: https://np.reddit.com/r/SatoshiStreetBets as I can't post the normal link for some reason...

    submitted by /u/little-eagle
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    Just a friendly reminder to not use the ledger nano x keychain that comes with it...

    Posted: 23 Feb 2020 11:44 AM PST

    Interesting

    Posted: 24 Feb 2020 02:43 AM PST

    I need some help. I'm building a guide, unique for every country, on the best practices for buying, selling, transacting, and storing Bitcoin.

    Posted: 24 Feb 2020 02:06 AM PST

    About 6 months ago I decided to create an easy-to-use learning resource to help point people in the right direction to understand different topics on Bitcoin. This ranges from mining, wallets, BTMs, and different exchanges. The website is called www.bitrawr.com

    Some of the feedback I've gotten back is that many of the countries don't actually have the most popular or recommended exchanges' for buying and selling Bitcoin.

    I've tried my best to research some of the best Bitcoin starting points in countries like South Korea, India, Brazil, Mexico, Argentina (from reviews, bitcointalk threads, forums, etc) and would like to know if someone could help, mostly in listing the most popular, safe, and reputable exchanges for countries.

    There is a lot of differing information out there and I think it'd be beneficial for a lot of new people just getting started or interested in Bitcoin.

    submitted by /u/bitrawr
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    I bought a prebuilt PC on New Egg. Paid in Bitcoin!

    Posted: 23 Feb 2020 02:52 PM PST

    Sent a payment with cash over the Lightning Network to buy Domino's pizza ��⚡�� the strike app is awesome!

    Posted: 23 Feb 2020 07:00 AM PST

    93.75% of all bitcoin mined by 2024

    Posted: 23 Feb 2020 10:52 AM PST

    After Reward Era 4, it will take ~116 years to mine the remaining 6.25%

    This doesn't account for the estimated 17-23% of bitcoin already lost.

    HODL for the win!

    submitted by /u/n3ckb34rd
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    Monday Art - Christel De Buyser

    Posted: 23 Feb 2020 11:41 PM PST

    I have $ 340.00 where can I buy BTC safely?

    Posted: 23 Feb 2020 09:25 PM PST

    I met BTC recently, I know it's the evolution of money, it all started when my girlfriend left me because, according to her, I didn't even have the money to buy a motorcycle. But it is in the most difficult moments that we seek to improve. So, I started researching other ways to get extra income and I came across blockchain technology and BTC, I researched and saw that there are many fraudulent sites and I found this community with people with experience in the subject. I was unable to buy at coinbase, which is a renowned broker for bureaucratic reasons, they do not sell to people in other countries. I could not. I don't trust my country's brokers (brasil), I saw cases of people who lost their investments. If anyone can appoint a trusted broker, I would appreciate it.

    submitted by /u/noobmasterbtc
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    Venezuela update. Last week 469 BTC (amount has been steady weekly) were traded using LocalBitcoin which is 343,000,000,000 Bs. Minimum wage is around 6 USD per month. One BTC is 726,000,000 Bs. (Bolivares). AMA.

    Posted: 23 Feb 2020 09:54 AM PST

    Just updating this week numbers.

    These volumes are only measured using Localbitcoin (LBTC) using their API (Coindance). Big part of that exchange come from Venezuelans that live abroad and send money to their families, miners, people that get paid in cryptos (freelancing) and even the own government. It is around 2000 BTC per month.

    Other exchanges and other trades were done, but no way of measure them.

    Today exchange rate is around 1 USD = 73,000 Bs. (Official rate is almost the same)

    Minimum wage (which is earned by a big chuck of the population, not like other countries) is 250,000 Bs. wage (less than 3 USD) + 200,000 Bs. food bonus (less than 3 USD) PER MONTH.

    Biggest bank note is 50,000 Bs. which is around 0.75 USD. You need to use debit and credit, bank transfer, cryptos and USD to pay anything.

    Here in Venezuela situation is really hard, some people dont believe that amount is the minimum MONTHLY wage. I work and earn more than that (anyway, the amount is really low, I'm sure with that amount I would be living homeless in Colombia, Peru or Panama for example), usually get some donations from redditors and do some freelancing work (translating mostly) and it is really hard to keep up daily.

    AMA Ask Me Anything

    Sources:

    https://coin.dance/volume/localbitcoins/VES/BTC

    https://dolarsatoshi.com/

    submitted by /u/WorkingLime
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    How is Zap's Strike good for micropayments?

    Posted: 24 Feb 2020 12:45 AM PST

    In this article he's talking about Strike being used for micropayments. Isn't there additional money charged for every credit card payment being done? So if I want to tip someone 1 cent I actually pay 3 cents or something like that?

    TBH I don't really know if all credit card do that, if it's a percentage or if it's a fixed amount for transaction costs. That's just the first thing that came to mind when I read about this app.

    Edit: Where can I download Strike? I can't find it.

    submitted by /u/aemmeroli
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    The blockchain explained by the Simpsons - The Cryptonomist

    Posted: 24 Feb 2020 04:26 AM PST

    Spotted today over in China Town Las Vegas.

    Posted: 23 Feb 2020 04:12 PM PST

    Bitcoin accepted in my building in Dubai, Marina.

    Posted: 24 Feb 2020 03:57 AM PST

    Review of the best cryptocurrency hardware wallets

    Posted: 24 Feb 2020 01:41 AM PST

    It seems a record... 10 blocks mined in 32 minutes!

    Posted: 23 Feb 2020 03:50 PM PST

    Twitter CEO, Jack Dorsey is Pushing Bitcoin’s Benefits For Black America

    Posted: 23 Feb 2020 09:00 AM PST
    Read more
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