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    Bitcoin Daily Discussion, April 14, 2020

    April 14, 2020

    Bitcoin Daily Discussion, April 14, 2020

    Daily Discussion, April 14, 2020

    Posted: 14 Apr 2020 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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    I bought my first 0,01 Bitcoin today. I know it’s not much but it’s just the beginning!

    Posted: 13 Apr 2020 11:58 PM PDT

    Had to speed the money printer up 4x brrrrrrr...

    Posted: 13 Apr 2020 10:43 AM PDT

    Just got my stimulus check and just bought Bitcoin

    Posted: 13 Apr 2020 02:15 PM PDT

    So that really does help

    submitted by /u/Orb1tal_
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    What's wrong with my detailed diagram of how bitcoin works? Trying to get my head around the mechanics of this thing! <Noob alert! Be kind>

    Posted: 14 Apr 2020 03:02 AM PDT

    Investing in Bitcoin be like

    Posted: 13 Apr 2020 04:49 PM PDT

    Almost 8k views on our Bitcoin short! THANK YOU. This community is the majority of those views and the comments have been so encouraging.

    Posted: 13 Apr 2020 11:15 AM PDT

    Looking into the oldest Bitcoin reddit posts

    Posted: 13 Apr 2020 09:59 PM PDT

    Hello! Since i dont have much stuff to do in this quarantine I thought about reading into the oldest posts talking about Bitcoins and i found some interesting ones, for example this one about a guy who bought some strawberries for 1.5BTC at the time. Bitcoin strawberries

    I used a website called boreddit.com to find all the post from 2011 in case you want to find or read about what people was thinking or taking about in those years. Feel free to post some interesting links from old posts here. 😄

    submitted by /u/Antonio97x
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    Wasabi Research Club #15 - Anonymous Credentials

    Posted: 14 Apr 2020 12:41 AM PDT

    Why Billionaire Novogratz Is Short Stocks and Credit, Long on Bitcoin

    Posted: 13 Apr 2020 07:40 PM PDT

    Bitcoin Vaults: Developer Bryan Bishop Releases Prototype for Secure On-Chain Storage - CoinDesk

    Posted: 14 Apr 2020 02:51 AM PDT

    George Washington, 1787: “Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” Jerome Powell, 2020:

    Posted: 13 Apr 2020 11:43 AM PDT

    Bitcoin developer launches prototype Bitcoin Vault

    Posted: 14 Apr 2020 03:01 AM PDT

    Last week the data was merely ESTIMATED. The ACTUAL data shows worldwide interest in "bitcoin halving" has significantly surpassed the interest that occurred during the week of the 2016 halving.

    Posted: 13 Apr 2020 08:39 AM PDT

    Is 1 BTC enough for retirement?

    Posted: 13 Apr 2020 10:27 PM PDT

    How I teach kids to buy bitcoin

    Posted: 13 Apr 2020 04:18 PM PDT

    Unpopular opinion: hardware wallets aren’t good enough yet.

    Posted: 13 Apr 2020 09:17 PM PDT

    I have a Ledger Nano X but I have not heard of any method of storing key phrases that isn't either impractical, unsafe, or requires a third party.

    First, physically securing your key phrase is impractical for most people, not to mention a technological regression from cryptographic security. Home safes are expensive and there are stories of burglars ripping safes from floor boards while the owners were out. And if you can't get home (like anyone who was locked out during quarantine) you're out of luck. Safety deposit boxes are also out of the question.

    Second, you can try to store your key phrase digitally but in the end, you will have to either trust a cloud service provider or store it locally (which means having to physically protect the device it's stored on). If you store your key phrase on a cloud service like Google Drive, DropBox, iCloud, etc., you've put your trust in a company like any other and you may as well have put your Bitcoin on Coinbase.

    Lastly, you can try Vitalik Buterins method of breaking your key into 3 parts and trusting 2 parts each to 3 different trusted friends. Personally, I don't trust people that much. They could misplace it or conspire to steal it.

    In the end, a large, reputable exchange with insurance seems like the right balance of security and convenience for now.

    In the future, I certainly hope to see some decentralized version of identity verification and secure pass phrase retrieval. Until then, what method are you using to keep your coin safe?

    submitted by /u/admin_default
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    Tales from the Crypt: #149: Steve Barbour

    Posted: 14 Apr 2020 04:11 AM PDT

    Bitcoin Has Outperformed All Other Major Asset Classes Over The Past Year

    Posted: 13 Apr 2020 08:24 PM PDT

    Moving my coins off Coinbase

    Posted: 13 Apr 2020 02:24 PM PDT

    I have coins I want to move off Coinbase. Any recommendations? Thanks

    Edit: STOP PMing me your wallets....

    submitted by /u/All4Fun
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    which exchanges do you use?

    Posted: 14 Apr 2020 12:08 AM PDT

    Is there any reason that you use the exchanges?

    submitted by /u/imjunpark
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    Can you use any USB cable to connect a trezor?

    Posted: 14 Apr 2020 01:01 AM PDT

    I've since lost the original cable that came with the original trezor. Can you use any other cable when connecting to your PC? I've tried one other and seemed to have trouble connecting it

    submitted by /u/IndividualThoughts
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    Milton Friedman: "I would like to have money controlled by a computer"

    Posted: 13 Apr 2020 09:32 AM PDT

    Me after spending all my stimulus money on bitcoin

    Posted: 13 Apr 2020 07:19 AM PDT

    I made a Samourai wallet tutorial – Setup, Dojo, Send/Receive and Whirlpool Mobile Mixing

    Posted: 13 Apr 2020 10:13 PM PDT
    Read more
    at

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