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    Bitcoin Daily Discussion, August 30, 2020

    Bitcoin Daily Discussion, August 30, 2020


    Daily Discussion, August 30, 2020

    Posted: 30 Aug 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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    Euphoria explains Bitcoin

    Posted: 29 Aug 2020 01:48 PM PDT

    Remember this? A little piece of Bitcoin history | Max Keiser vs Peter Schiff

    Posted: 30 Aug 2020 12:51 AM PDT

    FEDS Seized Over $2 BILLION at U.S. Airports from 2000-2016

    Posted: 29 Aug 2020 06:59 PM PDT

    Please donate to Coinswap development

    Posted: 30 Aug 2020 02:49 AM PDT

    https://gist.github.com/chris-belcher/9144bd57a91c194e332fb5ca371d0964

    Coinswaps will be key to increasing on chain fungibility for bitcoin. Because they give users privacy without allowing their transactions to get flagged.

    Products like KYT are becoming increasing common, and from the screenshots you can see users can get flagged for trivial things like being linked to 'mixing' or even using a 'p2p exchange'

    https://www.chainalysis.com/chainalysis-kyt/

    The human rights foundation granted Chris Belcher 50K USD to work on this protocol, however i think it would be lame if the only donation came from a charitable organization. At least some of the funding should come from the community. If feel he deserves to be paid more than a minimum wage for working on this full time.

    There's a donation link on the github - which i won't link, but currently there are no donations to the address. The donation address changes :(

    Remember if you are sending a donation you can make a transaction with the fee set of 1/sat per byte. Because its ok for the transaction to be in the mempool untill it confirms

    submitted by /u/Spartan3123
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    Hundreds of Bitcoiners from all over the world collaborated with me on this art project. Proud to be a part of this global movement!

    Posted: 29 Aug 2020 10:41 AM PDT

    Bull Riding in 2020

    Posted: 30 Aug 2020 03:33 AM PDT

    Lightning Network OFFLINE payments in action together with a Lightning Beer Tap

    Posted: 29 Aug 2020 01:54 PM PDT

    Rules for Rulers: Understanding how the state retains power is important for understanding why Bitcoin matters.

    Posted: 29 Aug 2020 05:31 PM PDT

    Unexpectedly spotted this while walking around in Nha Trang, Vietnam.

    Posted: 29 Aug 2020 06:58 PM PDT

    Bitcoin Will Establish Itself As the Primary Reserve Asset for All Major Companies in the Future

    Posted: 29 Aug 2020 09:09 AM PDT

    Make your own cold storage with $5

    Posted: 30 Aug 2020 03:46 AM PDT

    It's so simple and easy you just need a USB flash drive and a laptop or desktop (you can even do it on a friend's laptop)

    First you need to install tails OS on your USB drive here is the link on how to do it

    Then you need electrum on that USB drive to be installed which is preinstalled if you install the latest tails OS

    Now : You need to create a new wallet with help of electrum without accessing to internet

    Whenever you want to sign a transaction you can make an unsigned transaction with a hot device and xpub and then sign them with the offline device look at here

    It's all simple and easy you can even make the unsigned transaction with electrum app on Android devices ...

    Now you don't need to pay like 100$ to but the "best" hardware wallet which even might leak your privacy because of some information hacks or something ...

    submitted by /u/Saman93
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    Bitcoin Audible: Hal’s Day - Bitcoin & Me [reboot]

    Posted: 30 Aug 2020 03:51 AM PDT

    Bitcoin and Metaphysics: Money is the metaphysical tool that attempts to objectively express a community’s subjective values, wants, and needs. From this standpoint, Bitcoin is the greatest form of money ever created.

    Posted: 29 Aug 2020 12:21 PM PDT

    USD on the other hand only expresses the values, wants, and needs of the most powerful and elite members of society.

    submitted by /u/the420chronicler
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    Best iOS LN wallet

    Posted: 29 Aug 2020 09:11 PM PDT

    What's a good iOS LN wallet (that also works on desktop)

    submitted by /u/Muted_Choice
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    What are some cool Bitcoin/Lightning companies and organizations based in Germany?

    Posted: 29 Aug 2020 06:36 PM PDT

    Talk me out of it

    Posted: 29 Aug 2020 03:55 PM PDT

    Throwaway for obvious reasons. My family is living in a small house in a crowded city. We want more space. I happen to be sitting on a bit of bitcoin. The exact amount doesn't matter.

    If you could sell 8% of your bitcoin to buy a couple hundred acres of land, would you do it? I really wanted to wait until around $30k to start selling chunks of bitcoin to finance an off grid home. But life has thrown a few curveballs and my family needs more space sooner than later. While I firmly believe that bitcoin will be at least 3x in a year from now, having land that we own outright would carry an enormous value. It would allow us to start planning the build for our future home. I should also add that the wife really wants me to get this property. If bitcoin moons, I will have missed out on hundreds of thousands, if not millions of dollars. But on the other hand, if that happens, the remainder of my stash will be worth a literal fortune. So, should I do it? Should I part with 8% to make the wife happy and have that peace of mind?

    submitted by /u/ozarkhomestead
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    Immersion cooling mining farm. Beeminer

    Posted: 29 Aug 2020 07:11 AM PDT

    Bitcoin street art - Bitpaint (Switzerland)

    Posted: 29 Aug 2020 05:56 PM PDT

    Quiz to Judge How Likely is Your Crypto Going to be Hacked

    Posted: 30 Aug 2020 02:52 AM PDT

    Hello everyone! We just created a tool for users to judge how secure their Crypto is against Hackers and get a detailed analysis for the same. Would love to have the community feedback - https://quiz.cypherock.com

    submitted by /u/rohanagarwal94
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    Compilation of useful Business / Trading Telegram channels

    Posted: 30 Aug 2020 02:49 AM PDT

    Just sharing a list of Telegram channels that I personnaly use. Feel free to add-on.

    Trading:

    • @GoldenTrades (Signals and strategies explanation)
    • @cryptoninjacoach (Cripto signals)
    • @Share_market_Trading_Tipss (Tips)

    Business:

    • @bsindiaofficial (Latest news)
    • @HinduBusinessLine (Latest news)
    • @wallstreetjournal_news (World economy)
    submitted by /u/TangerineParadise
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    Bitcoin price shakes off $157M BTC million expiry

    Posted: 29 Aug 2020 09:33 PM PDT

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