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    Bitcoin Daily Discussion, June 13, 2020

    June 13, 2020

    Bitcoin Daily Discussion, June 13, 2020

    Daily Discussion, June 13, 2020

    Posted: 13 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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    Posted: 12 Jun 2020 10:04 AM PDT

    2028: After 5th bitcoin halving

    Posted: 12 Jun 2020 07:46 PM PDT

    Stop posting shit about Craig Wright

    Posted: 12 Jun 2020 11:13 PM PDT

    Everyone knows the dude is a schizophrenic attention seeking lying dumbass stop making posts and giving him the attention he is obviously chasing. Plus nobody gives a shit about the dude lol

    submitted by /u/splipsim21
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    Created a full node + Lightning node from scratch.

    Posted: 13 Jun 2020 02:13 AM PDT

    So i created a full node and a lightning node from scratch.

    Coming back to bitcoin after few years, i wanted to see what the lightning network was.

    So i changed my vps to a dedicated server (to add more storage) and started my journey.

    The first thing was to install the full node.
    there's some nice ressources to do that, but you have to find them.
    I started with https://bitcoin.org/en/full-node#other-linux-daemon but the cli instructions are almost non existent.
    I then found https://github.com/BlockchainCommons/Learning-Bitcoin-from-the-Command-Line which is great!
    Protip: you have to create a config file by yourself.
    I created a wallet and waited for the blockchain to finish downloading.

    Then i added a lightning node.
    I used lnd because i like the go language. The program is great but i found the user documentation lacking.
    https://gist.github.com/bretton/0b22a0503a9eba09df86a23f3d625c13 is a nice ressource, but you don't need to set an rpc user, lnd will use the cookie auth automagically if you're running as the same user as bitcoind (and provide bitcoind path probably..?).
    Protip: To create a qrcode with your lightning address you can use qrencode:
    lncli newaddress p2wkh
    qrencode -o address.png 'bitcoin:bc1youraddress...'

    Once everything looked to run smoothly i wanted to add funds to my lightning wallet.
    Protip: you can directly transfer fund to it. no need to transfer funds in your full node wallet (don't know why i did that..).

    I manually opened few channels with other nodes, but using the autopilot feature from lnd seems to work fine.

    Lastly, i wanted some sort of dashboard so i added https://github.com/djmelik/lndash because i'm fluent in python , the project is straightforward, read only, and good looking.

    You can check my node at https://ln.xec.sh/

    If you have any questions or remark, don't hesitate. Hope it can help someone else.

    submitted by /u/wiredmachine
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    Bitcoin in a "Kangaroo" market rn

    Posted: 12 Jun 2020 06:55 PM PDT

    Legal letter Craig Wright lawyers are sending around claim addresses containing stolen coin from MtGox

    Posted: 12 Jun 2020 08:45 PM PDT

    How it Feels To Sync A Bitcoin Full Node For The First Time - Synced Within 21 Hours on V0.20.0

    Posted: 13 Jun 2020 02:38 AM PDT

    Thank you JPMorgan, very cool!

    Posted: 12 Jun 2020 02:21 PM PDT

    Main party in Spain proposes a law to 'gradually eliminate the use of cash, with the aim of making it completely disappear'

    Posted: 13 Jun 2020 02:09 AM PDT

    Just a reminder I have been here 3 years. I ain't selling. Laugh at me in 20 years. Hodl on.

    Posted: 12 Jun 2020 07:22 PM PDT

    Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion

    Posted: 12 Jun 2020 08:42 AM PDT

    https://www.forbes.com/sites/billybambrough/2020/06/10/pentagon-documents-reveal-the-us-has-planned-for-a-bitcoin-rebellion/

    Pentagon Documents Reveal The U.S. Has Planned For A Bitcoin Rebellion

    I write about how bitcoin, crypto and blockchain can change the world.

    Bitcoin has struggled to find support in the U.S. government, with president Donald Trump, along with Treasury secretary Steven Mnuchin, leading the criticism.

    Now, it's been revealed the U.S. Department of Defense has wargamed scenarios involving a Generation Z rebellion that uses bitcoin to undermine and evade "the establishment."

    In the Pentagon war game, young people born between the mid-1990s and early 2010s use cyber attacks to steal money and convert it to bitcoin, documents published by investigative news site The Intercept revealed.

    Called the 2018 Joint Land, Air and Sea Strategic Special Program (JLASS), the war game is set in 2025 and is "intended to reflect a plausible depiction of major trends and influences in the world regions."

    The scenario, which echoes recent protests in the U.S. and around the world against racial injustice, involves some members of Gen Z, who see themselves "as agents for social change" and believe the "system is rigged" against them, begin a "global cyber campaign to expose injustice and corruption and to support causes it deem[s] beneficial."

    The group, called Zbellion, encourages cyber attacks against organizations that support "the establishment," funnelling stolen cash into bitcoin to make "small, below the threshold donations" to "worthy recipients" and Zbellion members.

    The program, which also reportedly wargamed scenarios involving Islamist militants and anti-capitalist extremists, was conducted by students and faculty from the U.S. military's war colleges, the training ground for prospective generals and admirals.

    THE INTERCEPT / THE DEPARTMENT OF DEFENSE

    Bitcoin has increasingly been adopted by Wall Street and the world's biggest financial institutions since its 2017 price explosion but remains a tool to fight government control.

    The Pentagon war game documents have been revealed after Florida Republican Representative Matt Gaetz called for the government to "freeze" the money of demonstrators after country-wide protests over the killing of George Floyd turned violent this month.

    "One of the most important tools in the authoritarian toolkit is the ability to freeze the funding of legitimate political dissent," Nathaniel Whittemore, a bitcoin and cryptocurrency consultant and strategist, said previously.

    "By separating the infrastructure of money from the infrastructure of state power, bitcoin makes it that much harder for this type of politically motivated confiscation."

    Bitcoin has seen a surge of interest in recent months due to the coronavirus pandemic and never-before-seen levels of government borrowing.

    "In the wake of unprecedented central bank action around the Covid-19 crisis, it seemed like the most relevant narrative of bitcoin in 2020 was as a hedge against inflation," Whittemore said.

    "It appears, however, that its capacity for censorship resistance might be just as relevant."

    submitted by /u/osteo-path
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    I’ve crossed over to the promise land today. Whole pie. 22 yo

    Posted: 12 Jun 2020 12:39 PM PDT

    Massive Protests as the Lebanese Pound Collapses

    Posted: 13 Jun 2020 03:27 AM PDT

    Widespread Protests Take Place Across Lebanon As Currency Falls. This Is Why We Bitcoin.

    Posted: 12 Jun 2020 05:35 AM PDT

    And thats why you HODL, kids.

    Posted: 12 Jun 2020 09:23 AM PDT

    But people don't spend Bitcoin

    Posted: 12 Jun 2020 11:12 PM PDT

    That's what people says, you don't spend your Bitcoin but guess what?, That picture is my sphinx payment history. I'm in a group where I must pay 10 sats for every message, and also pay some sats to join that group. And those 100 sats are some memes that someone post in and charged 100 sats to see it.

    For the record sphinx is a messaging app like WhatsApp but built on top of LN.

    sphinx payment history

    submitted by /u/infernalr00t
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    Ok I removed all my Bitcoins from exchange , not interested in selling anymore , whales do anything you want to do

    Posted: 12 Jun 2020 10:36 AM PDT

    So finally I transferred all my Bitcoins to my non custodial wallet, I was ready to get out to buy with lower price but not anymore

    submitted by /u/Saman93
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    Bank of England 'ready to act'

    Posted: 12 Jun 2020 08:49 AM PDT

    A Bit More to Reach - original artwork

    Posted: 12 Jun 2020 09:18 AM PDT

    Best practice for remembering multiple userid/passwords?

    Posted: 13 Jun 2020 12:26 AM PDT

    What is the best way to store all usernames/passwords either for websites or phone apps together in one place? What program do you guys use? Is it safe to store everything in the phone instead of your laptop? Or do you print out on a piece of paper? Thanks!

    submitted by /u/taquitoxz86
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    Remove your Bitcoin from exchanges | Let's educate those who are starting their journey.

    Posted: 12 Jun 2020 09:27 AM PDT

    Legitimate payment processors?

    Posted: 12 Jun 2020 11:59 PM PDT

    One of my major problems with the Bitcoin community is the prevalence of low-quality content. For example, here is the official Wiki page for payment processors:

    https://en.bitcoin.it/wiki/Category:Payment_Processors

    Where is OpenNode? In fact, where are processors that don't begin with a letter A, B, or C?

    submitted by /u/freebsdlego1
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    Looking for Bitcoin with no KYC? This new site has you covered - Decrypt

    Posted: 12 Jun 2020 05:56 PM PDT

    Coldcard Firmware Update 3.1.4 is out, BIP 143 fix, BIP85 Added, and more

    Posted: 12 Jun 2020 01:03 PM PDT
    Read more
    at

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