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    Bitcoin Daily Discussion, June 01, 2020

    Bitcoin Daily Discussion, June 01, 2020


    Daily Discussion, June 01, 2020

    Posted: 01 Jun 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.

    Join us in the r/Bitcoin Chatroom!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    Who's this?!

    Posted: 31 May 2020 11:56 PM PDT

    My new Nano arrived yesterday. Finally got my Bitcoin off the exchange! Time to HODL!

    Posted: 31 May 2020 09:37 AM PDT

    Peaceful protest

    Posted: 31 May 2020 11:35 PM PDT

    Amid all the chaos/tyranny. Seen in Long Beach

    Posted: 31 May 2020 08:02 PM PDT

    First red dot is a fact, how will this turn out?

    Posted: 31 May 2020 04:08 PM PDT

    Brave organization running a bad business, BAT project centralized

    Posted: 01 Jun 2020 02:37 AM PDT

    Brave is so cheap they spent money and time and resources developing a "Suspended Bat" feature in their creators Dashboard. This is the money I have earned by running a BAT verified website waaaaaaaaaaaaaaaaaaaay baaaaaaaaaaaaaaaaaaack in 2018. I have been fighting again and again and again to get my account and my BAT out.

    I've spent money on hosting and developing a website that brought me these funds. First they suspended my account without a reason (automatic security check). After appealing 5 times over the course of two years my account was finally released.

    Come the moment to withdraw my BAT, I was time-gated by having to go through Uphold. To become a verified member on Uphold I had to order a new ID card, because they wouldn't verify me there either ( clever partnership ). But I did, I got verified and I sneaked past the system. My BAT was now ready to get withdrawn ----------- well not yet, I had to wait 1 month for the next cycle of payout to come. I really don't understand this system btw. So I gave it another 2-3 months.

    BUT I gave them too much time, in this time the developers have made a new feature on their Brave creator's dashboard, signaling that the money I've earned in 2018 is "suspended", they even claim that Brave owns my BAT (a cryptocurrency, lol), so now I have to appeal again, providing the same old references I had to provide the first 5 times.

    And I'm getting tired of this shit, instead of fighting to spread the usage and philosophy of BAT, I need to fight for something I've worked hard for and earned. At this point I am in a major deficit in terms of money and time spent proportionately to the reward that I didn't get at all.

    And it goes against the whole ethos of this project. I want to burn this place down now, because not only has my trust been breached, I feel like a fool for supporting these retards for so long and advocating their use. I've written several medium articles about them among many other things, but I was wrong,

    The first warning signal is that the ERC20 token on the decentralized blockchain platform IS NOT IN YOUR WALLET. IT'S IN THEIRS. It's exactly, like running a centralized database which only one entity (brave) controls. That's enough, isn't it?

    The company of developers with no business education and experience should not run a business in the first place. You can't run a business without paying out your users, whatever it is you think you're doing, it's not right and because it's no way to run a business, there will be no future for you either.

    So the next step will have to be to delete my brave browser and start a campaign to spread awareness on how this business is run, because it's important. We all think we're in some decentralized project, but it's all a single point of control with the funds they raised in a guise of their white paper, decentralization and ICO. If anyone asks what they've done is illegal today and they hold no responsibility, lucky, but they're officially scammers.

    submitted by /u/sunny_lts
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    How to Buy Bitcoin in the UK 2020

    Posted: 01 Jun 2020 03:01 AM PDT

    How to buy Bitcoin - creating the most useful guide for newcomers. Do you have anything to add? Tips, infographics, videos, podcasts?

    Posted: 01 Jun 2020 12:45 AM PDT

    Stop Saying “If I Had Only Known About Bitcoin”, and Take Action Now

    Posted: 31 May 2020 12:54 PM PDT

    Bitcoin is a vote for financial independence

    Posted: 31 May 2020 06:03 PM PDT

    Buy Bitcoin if you are dissatisfied with your current government.

    Buy Bitcoin if you don't trust your financial system.

    Buy Bitcoin if you believe in freedom.

    Bitcoin is a vote for you.

    submitted by /u/dan_held
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    All of the World’s Money and Markets in One Visualization

    Posted: 31 May 2020 08:49 AM PDT

    Reminder of how phishing can defeat tech like Google Authenticator (TOTP). Always use U2F where possible

    Posted: 01 Jun 2020 01:26 AM PDT

    Monday Art - Fahren Feingold

    Posted: 01 Jun 2020 04:04 AM PDT

    The best protest is to defund the system -> buy Bitcoin.

    Posted: 31 May 2020 10:56 AM PDT

    Mystery Solved!

    Posted: 01 Jun 2020 03:23 AM PDT

    With Bitcoin, I feel like I am saving, rather than investing

    Posted: 31 May 2020 09:28 AM PDT

    From a friend of mine:

    I started buying bitcoin first as an investment, but gradually, as I became more and more comfortable in the environment, and shifted more and more of my savings into bitcoin, I realized something fundamental had changed:

    As a millennial, this is the first time in my life that I could have "savings," rather than investments.

    Most of my friends and family are in debt, either from college, from "buying" a house, or both. Those who are not in debt, are forced by near zero interests rates to invest in stocks or bonds, or real estate. Many friends and their families lost it all in 08. And the future is more uncertain than ever, as our pension funds are invested in the same risky schemes.

    Meanwhile, after hodling through the last bear cycle that took BTC to 3k, you come out of it realizing that in the long run, BTC will most likely always appreciate. Why would you, then, ever take your savings out of it? Of course, BTC is still a risky proposition, but it is the only one that allows you to save.

    I guess the distinction I am making about BTC being saving or investment is a bit of a stretch; I mean, BTC is still a gamble by all means, but it feels like less of a gamble, or a more worthwhile gamble, than anything else. And it is the only one, that due to its ability to appreciate over time with a higher degree of certainty (the hard coded diminishing supply), to give me a feeling that I am "saving," rather than "investing."

    submitted by /u/100_Jose_Maria_001
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    One Source Of Stress - Dilbert Comic Strip on 2020-05-31

    Posted: 31 May 2020 08:45 PM PDT

    Bitcoin will go mainstream amidst Cold War II

    Posted: 01 Jun 2020 12:22 AM PDT

    Monday Art - Sandor Kovacs

    Posted: 01 Jun 2020 04:04 AM PDT

    Bitcoin/LN payment option for funding forex trading account.

    Posted: 01 Jun 2020 03:57 AM PDT

    Scam alert: Raphael2010, don't know how he got my username but he is a member here

    Posted: 31 May 2020 05:06 PM PDT

    Bitcoin price remains bullish as the rest of the market moves

    Posted: 31 May 2020 11:36 PM PDT

    Day 69 of quarantine: Made crypto coins using cardboard

    Posted: 31 May 2020 11:15 PM PDT

    More and more people are hodling on to their #Bitcoin now. As per a report more than 60% of Bitcoin supply is not moved from past year, the last time it happened $BTC rallied to 20,000 USD Buy #Bitcoin and be ready for upcoming huge rally #DYOR

    Posted: 31 May 2020 08:59 AM PDT

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