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    Bitcoin Daily Discussion, July 04, 2020

    Bitcoin Daily Discussion, July 04, 2020


    Daily Discussion, July 04, 2020

    Posted: 04 Jul 2020 12:01 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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    Robert Kiyosaki ('Rich Dad Poor Dad') Is telling his millions of followers to buy Bitcoin, "people's money".

    Posted: 03 Jul 2020 10:26 PM PDT

    Lightning Network is so cool

    Posted: 03 Jul 2020 10:45 PM PDT

    Am amazed how far LN has come. The wallets are great and paying is super fast and the fees are super low. Great fun!

    Try Breeze or Zap or Bluewallet.

    Bitcoin is the past, the present, the future.

    submitted by /u/cloudgorilla
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    We just released our new open source Bitcoin wallet on Android.

    Posted: 03 Jul 2020 09:17 PM PDT

    This configurable WiFi real time ticker I coded and 3D-printed waiting for the next bull run. All Binance pairs supported.

    Posted: 03 Jul 2020 06:44 AM PDT

    The Waters are Rising

    Posted: 04 Jul 2020 05:01 AM PDT

    Electrum 4.0.1 with lightning network support available

    Posted: 03 Jul 2020 10:11 AM PDT

    Bitcoin Project Ideas?

    Posted: 04 Jul 2020 04:23 AM PDT

    Hi guys!

    Low-level software engineer here. Been lurking in the background of this subreddit for quite sometime. Interested in this space, the compute science innovation and the potential re-thinking of the financial paradigm as a whole. Looking for a challenging project that might give this space a tiny push forward.

    Any project ideas? Aware of any missing building block? Let's discuss :)

    submitted by /u/VecchioCuore
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    The Value of Bitcoin

    Posted: 03 Jul 2020 11:01 PM PDT

    Hey All,

    A lot of the times us Bitcoin enthusiasts are always questioned about where does Bitcoin gain its value from and why it should be worth what is now or what we expect it to be i.e. around hundreds of thousands.

    I have tried to touch on this, relating it to our current financial system which is doomed to collapse. Some of the other things I have discussed: 1. How Bitcoin Works? 2. Why Bitcoin is one of the most undervalued asset of our time? 3. How to trade Bitcoin? 4. The Blockchain concept and Halving Concept

    I would appreciate if you guys could give it a read here in my Blog and give me your feedback. Please do share it forward if you think it is worth it. Would be a great help! 😊

    Cheers, Fahim

    submitted by /u/fahim_mashraf
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    Ray Dalio will teach people that fiat money is a trash and that we should be looking for store of wealth type of assets. And then people will find what Bitcoin is ;)

    Posted: 04 Jul 2020 01:07 AM PDT

    Billionaire Ray Dalio: “That’s why in history, you see that all currencies have devalued or died, particularly in such periods.”

    Posted: 03 Jul 2020 10:53 PM PDT

    https://youtu.be/HsPK9_72f7o?t=433

    For the quoted title, jump to 7:14.

    Ray Dalio explains very clearly how we have entered into a new period, which correlates to other historical periods where currencies have devalued and died. You should watch the whole thing for his explanation behind this conclusion.

    The more interesting thing, is that the link to the original interview, posted in the info section, leads to a dead link that says "Video unavailable. This video is no longer available due to a copyright claim by Goldman Sachs & Co. LLC." (https://youtu.be/hjAOGAOMBQw)

    Goldman doesn't want people to know what is coming. This is as close we can get to get concrete evidence that the USD as a reserve currency is sinking, slowly, but surely.

    I am not celebrating this, as most people will get hurt tremendously. Buy BTC and hold.

    submitted by /u/100_Jose_Maria_001
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    Rusty Russel has completely rewritten a cross-implementation Python test suite for Lightning Network developers

    Posted: 03 Jul 2020 03:58 PM PDT

    Raising awareness about the movement, one step at a time. HODL!

    Posted: 03 Jul 2020 06:11 PM PDT

    Hilarious, the ECB presents new notes on Twitter with the signature of Lagarde, and EVERY comment is a bitcoiner attacking them! Every single one of them! Makes me feel good! Srry for the loooong screenshot :)

    Posted: 03 Jul 2020 08:07 AM PDT

    Shh The Money People Are Listening

    Posted: 03 Jul 2020 07:19 AM PDT

    How to buy BTC using bank account instantly in the United States?

    Posted: 03 Jul 2020 11:53 PM PDT

    Hello,

    I am new to crypto and would like to know how to purchase btc using a bank account instantly in the USA.

    I did google around but as it says ACH payments take 3-5 days to get credited into exchanges like coinbase. Is there any alternative way to speed up the process?

    submitted by /u/JAYZOD
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    Btc stability

    Posted: 04 Jul 2020 02:31 AM PDT

    I have been around accumulating btc since the start of 2017 bull run. Only sold when had to but always bought back in when I can as I truly believe in this tech. I honestly can't remember btc being so stable in price for such a long time. It will be very interesting to see how the rest of the year pans out. What are everyone's thoughts for the rest of the year?

    submitted by /u/ethalot1
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    How can I access my deceased brothers bitcoin account?

    Posted: 03 Jul 2020 08:18 PM PDT

    My [35m] older brother [37] past away a few months ago. I know that he traded bitcoin. I have access to his computer but not any of his passwords.

    Is there any suggestions on how to access/who to contact/ how to sell it off?

    Thanks

    submitted by /u/timmygraft
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    VISA Doubles Down on Bitcoin and Partners with Jack Mallers' startup Zap-- why this is much bigger than you think!

    Posted: 03 Jul 2020 07:08 AM PDT

    North Korea cafe accepts Bitcoin

    Posted: 03 Jul 2020 08:46 PM PDT

    Bitcoin: A Declaration of Monetary Independence

    Posted: 03 Jul 2020 02:29 PM PDT

    What are the biggest threats to Bitcoin's success in the long-term?

    Posted: 03 Jul 2020 02:10 PM PDT

    Would like to preface this by saying that I'm a huge believer in Bitcoin and it's the only cryptocurrency I'd bother owning. But, like any other bet, I'm open to the possibility of being wrong.

    I'm curious about people's opinions on this. Implicitly, people assert that Bitcoin will succeed in the long run without any other considerations, going as far as saying that it would replace the dollar. What are some things to watch out for that could cause Bitcoin to fail over the long-term?

    submitted by /u/cryptobriefing
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    Bitcoin Business Banking in Europe

    Posted: 04 Jul 2020 02:18 AM PDT

    Does anyone know any crypto friendly banks in Europe that may open an account for a crypto company.

    I'm looking to launch a network of BTC ATMs so there is AML/Cash Handling involved, all of which I'm very experienced in from a career in the casino industry. But finding a bank to handle the cash the machines generate is going to be a major hurdle I suspect.

    submitted by /u/wesleyD777
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    Lightning / Strike Public Beta Announcement

    Posted: 03 Jul 2020 06:33 PM PDT

    This rollout, by Jack Mallers, will be a milestone event in the history of Bitcoin usage / on ramps. US only for now.

    https://medium.com/@JimmyMow/announcing-strike-public-beta-325877a79f87

    submitted by /u/TPK001
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    CoinMap - Crypto Map Teaser

    Posted: 04 Jul 2020 05:13 AM PDT

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