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    Bitcoin Daily Discussion, August 06, 2020

    August 06, 2020

    Bitcoin Daily Discussion, August 06, 2020

    Daily Discussion, August 06, 2020

    Posted: 06 Aug 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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    Even BP getting in on the BTC.

    Posted: 05 Aug 2020 07:53 AM PDT

    Today I stacked my first whole 0,1 Bitcoin! (5 month of process)

    Posted: 05 Aug 2020 01:10 PM PDT

    Mexico: Residents Can Now Spend Crypto at Millions of Visa-Accepting Stores

    Posted: 05 Aug 2020 05:34 PM PDT

    Need help with Lightning Network. I'm getting ready to ditch BCH

    Posted: 05 Aug 2020 08:59 PM PDT

    First of all, I'd like to know: how are the fees on Lightning when you have to route through the network? Do you often find it expensive to pay someone several edges away on the graph?

    Secondly, is the network segmented? Is the network likely all connected, or is it possible that there are hundreds disconnected swaths? I'd assume that if there were only a few disconnected networks, someone would take the initiative and link them together to make an absolute fortune routing payments.

    Thirdly, how to use lntip?

    submitted by /u/NateNate60
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    Signs of retail interest in bitcoin on the rise as Square's Cash App generates $875 million in bitcoin revenue during Q2

    Posted: 06 Aug 2020 01:08 AM PDT

    A mask that my mom made for me.

    Posted: 05 Aug 2020 08:05 AM PDT

    BTCPay Server 1.0.5.4 has been released

    Posted: 05 Aug 2020 01:28 PM PDT

    Bitcoin heads for $12,000 as gold reaches $2,000 milestone.

    Posted: 05 Aug 2020 04:47 PM PDT

    Exit Fiat, Enter Bitcoin

    Posted: 05 Aug 2020 11:54 PM PDT

    Square has purchased $1.5B BTC over the last 12 months to meet retail demand for CashApp purchasers

    Posted: 05 Aug 2020 10:58 AM PDT

    Two Reasons Crypto's Bull Market Is Coming

    Posted: 05 Aug 2020 08:38 PM PDT

    11 Lightning payments in a row in 2 mins and 20 secs

    Posted: 05 Aug 2020 12:44 PM PDT

    Wasabi coinjoin vs Samourai whirlpool?

    Posted: 06 Aug 2020 02:07 AM PDT

    I see a lot of arguing on Twitter between the samourai dev and nopara. He says wasabi's mixer has resulted in numerous arrests. There's a graph showing the mixes, something to do with a banana peel (not sure what significance that holds).

    It's my understanding that the Twitter hacker's coins could be traced because they merged unmixed change with the mixed coins.

    submitted by /u/ANGRYBOI27
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    [Question] What is the percentage (or value) of publicly announced company held bitcoin?

    Posted: 06 Aug 2020 02:05 AM PDT

    I'm interested to know how much bitcoin out there is known to be held by companies, organisations etc.

    submitted by /u/SpaceHoppity
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    I’ve never used bitcoin before and I know nothing about it, I have a question maybe someone will answer. If I buy bitcoin into someone else’s wallet on Abra will they in anyway get access to my card information?

    Posted: 05 Aug 2020 10:10 PM PDT

    Stateful Smart Contracts for Bitcoin with OP_CTV – A Reckless VR meetup with Jeremy Rubin

    Posted: 06 Aug 2020 02:51 AM PDT

    Nasdaq-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold

    Posted: 06 Aug 2020 01:39 AM PDT

    Serious question about bitcoin use in 30 years - If bitcoin stabilizes and becomes a deflationary currency, what will incentivize you to ever lend your bitcoin to a new small business owner?

    Posted: 05 Aug 2020 09:31 PM PDT

    If the rate of deflation is such that the value of your bitcoin increases a certain percent every year, let's say 15%, why would you ever bother lending bitcoin to new small business owners?

    I'm curious how the economic system would work in this situation. What would it actually look like?

    Is this just a case of higher interest rates for lending out bitcoin?

    For example. If you can get 15% through deflation without lending your money, then you would need to lend out at a high enough interest rate so that your return would exceed the automatic deflationary increase of 15%?

    Is that the basics of it? So the interest rate of borrowing bitcoin would effectively always be related to the deflation of bitcoin and the inflation from new supply. Whatever that balances out to? (Assuming overall demand has somewhat stabilized through the economy by then so you don't get huge price swings.)

    submitted by /u/bearCatBird
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    $1.2B MicroStrategy Will Hold Bitcoin as Part of its Cash Reserves

    Posted: 05 Aug 2020 04:08 PM PDT

    Weak U.S. Dollar Boosts Gold Above $2K, Just As It Will Boost Bitcoin to a New All-Time High

    Posted: 06 Aug 2020 02:07 AM PDT

    Dave Portnoy: “Dear Bitcoin people: I’m Coming”

    Posted: 05 Aug 2020 08:53 AM PDT

    My 2 ct usd in satoshi

    Posted: 06 Aug 2020 02:46 AM PDT

    I'm thinking about starting to substitute "my 2 ct" in emails with the equivalent in satoshi.

    Just my 170 sat.

    submitted by /u/kkoenen
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    U.S. Congressman Tom Emmer says ‘Bitcoin ain’t going away’

    Posted: 05 Aug 2020 12:24 PM PDT
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