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    Bitcoin Daily Discussion, February 28, 2020

    Bitcoin Daily Discussion, February 28, 2020


    Daily Discussion, February 28, 2020

    Posted: 27 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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    Hands made of steel we call it.

    Posted: 28 Feb 2020 12:31 AM PST

    Message from Hal Finney Jan 10 2009 - 10M/Btc announced

    Posted: 27 Feb 2020 12:46 PM PST

    Halfening Cancelled! [satire]

    Posted: 27 Feb 2020 06:44 PM PST

    Wonder what bitcoin's public enemy #1 Brad Sherman is doing lately?

    Posted: 27 Feb 2020 06:56 PM PST

    "Sherman said Bitcoin had no real use other than to fund illicit activities and warned about the risks cryptocurrencies pose to the political and financial stability in the U.S."

    Is this guy serious?

    submitted by /u/kensav
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    Is it me, or was the price of Bitcoin today pretty stable, while the Dow Jones dropped 1190 points for the largest drop in history?

    Posted: 27 Feb 2020 05:28 PM PST

    Bitcoin gives me a purpose in life

    Posted: 27 Feb 2020 07:10 PM PST

    Honestly my social life is pretty much non existent and I feel like I'd be very bored without bitcoin. I've spent so much time reading stuff and watching videos of bitcoin and it always kept me entertained and interested.

    It's something to look forward to in the future as adoption increases. Without it, I think I'd find life sort of mediocre and a bit pointless (not depressed).

    submitted by /u/Zaidinator7
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    Anthony "Pomp" Pompliano talks Bitcoin on CNN (Part 1/3)

    Posted: 27 Feb 2020 10:43 PM PST

    Brighton (UK) Seafront

    Posted: 28 Feb 2020 01:42 AM PST

    Bitfinex is down and BTC price drops rapidly. Bitfinex Status page claims they are under attack (DDoS)

    Posted: 28 Feb 2020 01:27 AM PST

    The adversaries of bitcoin and how they failed when investment is placed rightly

    Posted: 27 Feb 2020 12:08 PM PST

    The Federal Reserve's knee-jerk/facepalm reaction to Corona

    Posted: 28 Feb 2020 12:49 AM PST

    In a recent interview, Federal Reserve Bank of Chicago president Charles Evans said it is still to soon to think about a monetary policy reaction to the (economic) consequences of the worldwide Corona outbreak.

    The fact that the FED is even considering to think about using monetary policy to counter the economic consequences caused by Corona is one of the most ludicrous statements I have heard in a long time.

    An actual, tangible event which leads to serious loss of productivity in meatspace (and therefore loss of value, at least temporarily, for economies/companies) immediately triggers a monetary intervention statement from the FED. In my opinion, this a telltale sign of the state of our current monetary system. For the FED, there's only one way forward left and they know it: growth at any and all costs.

    submitted by /u/Quackman88
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    "We are only focused on Bitcoin. It's the only cryptocurrency our users want" - Podcast interview with Will Reeves, CEO of Fold

    Posted: 28 Feb 2020 02:59 AM PST

    Nigerian Man Shot Dead After Resisting Armed Robbers’ Access to Bitcoin Wallet on His Phone

    Posted: 27 Feb 2020 06:20 PM PST

    We’ve added full native SegWit support to Bitstamp!

    Posted: 27 Feb 2020 07:21 AM PST

    Bitcoin at it's root is protection from suffering due to the poor decisions and actions of others. It correlates with the lack of faith in government to do the right things, and lack in faith in citizens to elect the right leaders.

    Posted: 27 Feb 2020 09:10 AM PST

    Bitcoin's design around decentralization, mathematical scarcity, and self-sovereignty are all valuable in a world where theoretically centralization fails. It is leaderless and trustless, not because leadership is bad, or trust is bad - but because faith in these things can tend to fail or let us down - with terrible consequences.

    It is not difficult to see the failure of leaders all around us. Politically, we see the Chinese Communist Party operating perhaps no much better than President Trump in the efforts against Coronavirus. We continue to see failure of the Federal Reserve economic policy, devastatingly destroying the value of the US dollar (and all other world currencies) over the decades. We continue to see failure in basic economic education, and a spread of socialism and an appeal to handouts - rather than rooting out the problem of inflation. We continue to see a lack of educated consumerism, continuing to buy goods manufactured in China with only regard to price, and total disregard to the poor working conditions and humanitarianism. It is hard to have faith in people around us.

    In a world without Bitcoin, there is no way to shield yourself from these issues and people in a convenient manner. That is, you suffer from the stupidity of others. But Bitcoin allows you to secure value and money - which is critical to life in our modern world - against poor decision-making of others.

    This is not to say, people should simply buy Bitcoin and let the world burn. But rather, perhaps while fighting the war against ignorance, be smart and protect oneself from all the collateral damage and unintended consequences of the foolish of which you have little to no real control.

    Will Bitcoin succeed? Perhaps only as much as leadership fails, and the people's ability to elect very good leaders fails, and at least for me, that's a sure bet as any in today's day and age.

    submitted by /u/anon517
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    Recession Proof

    Posted: 27 Feb 2020 07:26 PM PST

    Is bitcoin recession proof?

    submitted by /u/huntervines
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    Recommended platform to buy Bitcoins?

    Posted: 27 Feb 2020 09:06 PM PST

    Hi, sorry if it's a stupid question: do people use Coinbase to buy Bitcoins and other coins? What do you use? Do you recommend a phisical wallet? Thank you.

    submitted by /u/Witty_Ocean
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    Looking through old emails sold 3 btc in 2015

    Posted: 27 Feb 2020 06:06 PM PST

    Buy bitcoins with Stimulus packages

    Posted: 27 Feb 2020 10:51 PM PST

    It shall be known that it is our responsibility to spread the decree that any upcoming stimulus given by the government shall be used to purchase bitcoin!

    Save yourselves from a depreciating FIAT and buy bitcoin with all the free money the government prints out of thin air!

    submitted by /u/AngryCusstomer
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    Bitcoin: The $100,000 Opportunity! [All Fundamentals Listed Here!]

    Posted: 27 Feb 2020 12:22 PM PST

    Is now a good time to invest in bitcoin?

    Posted: 28 Feb 2020 02:05 AM PST

    The price has plummeted massively due to coronavirus and what not. Is now a good time to put an investment into bitcoin??

    submitted by /u/KardiPo
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    is it still safe to use electrum 3.3.7

    Posted: 28 Feb 2020 02:01 AM PST

    is it still safe to use electrum 3.3.7

    submitted by /u/IBmyownboss
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