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    Cryptocurrency Daily Discussion - August 24, 2020 (GMT+0)

    August 24, 2020

    Cryptocurrency Daily Discussion - August 24, 2020 (GMT+0)

    Daily Discussion - August 24, 2020 (GMT+0)

    Posted: 23 Aug 2020 05:14 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Comments will be sorted by newest first.

    To see prior Skeptics Discussions, click here.

    submitted by /u/AutoModerator
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    The price of Bitcoin has now stayed above $10,000 for the third-longest time in its history

    Posted: 23 Aug 2020 06:30 PM PDT

    FRONT page of Apple Daily in HK: Bitcoin will never ditch you.

    Posted: 23 Aug 2020 07:56 PM PDT

    The International Monetary Fund (IMF) Tries to Explain Cryptocurrencies - August 23rd 2020

    Posted: 23 Aug 2020 05:40 PM PDT

    If you didn't know: Coingecko is an excellent alternative to Coinmarketcap. Their market data is great, their quarterly crypto reports are of high quality, and so is their newsletter, site & information in general, and to top it off - they aren't owned by an exchange.

    Posted: 23 Aug 2020 11:36 AM PDT

    Great article explaining how price manipulation works

    Posted: 23 Aug 2020 10:23 PM PDT

    IMF attempts to educate the general public on crypto with newly released video

    Posted: 23 Aug 2020 05:05 PM PDT

    Crypto apps hit all-time-high last month as bull market roars

    Posted: 23 Aug 2020 12:42 PM PDT

    Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country, targeting a wooping $100 billion market.

    Posted: 24 Aug 2020 01:53 AM PDT

    What is Polkadot (DOT) Cryptocurrency? | A Beginner’s Guide

    Posted: 23 Aug 2020 06:43 PM PDT

    If people have faster payment methods, and sellers can instantly access sales revenue without a bank, no one will keep money in bank accounts that pay extremely low interest on deposits.

    Posted: 24 Aug 2020 01:30 AM PDT

    China’s Blockchain Service Network to launch stablecoin support in 2021

    Posted: 24 Aug 2020 01:05 AM PDT

    Blockchain and the Tangle: Real World Examples

    Posted: 24 Aug 2020 02:38 AM PDT

    Barstool's Dave Portnoy Says He May Pour $500,000 Back Into Bitcoin and Chainlink, Vows to Figure Out ‘What the F*ck’s Going On’

    Posted: 23 Aug 2020 08:35 AM PDT

    Now why would they post this. Any thoughts. Just wondering which blockchain it may be on.

    Posted: 23 Aug 2020 02:25 PM PDT

    A true, ordinary story of bank thievery (subtitle: why we need to soon eliminate the middleman)

    Posted: 23 Aug 2020 02:41 PM PDT

    This is a true story and I finally decided to share it with you. I hope that it will travel beyond this community. Eventually, it will convince more people about the necessity of getting a clear run at our corrupt and inefficient financial system through cryptography and decentralization.

    I am a manager in an Italian company and, on the 14th of July, I was informed by our accountant that an officer of a bank we're customer of lost 53 promissory notes, for a total of € 308.688,13=. Since the term in all those notes was expired, the sums had been already credited by the bank, as it should be when an IOU is due and there's capacity in the debtor's bank account.

    The money was gone in the creditors' accounts and, right after, the papers were lost. What can ever happen? Using some good sense, one might think that it's the officer's fault and, probably, they have insurance for covering these cases of human (and quite absurd) error. No way! They opted for another, easier strategy: **on the 8th of July, they literally took back the money from our account, after almost 3 months that the amount was duly accredited!**

    Thank God, our accountant detected the theft (how else should I call it?) and asked for clarification. What if she didn't notice? The bank's reply, however, was embarrassing: LOST IOU CHARGE (yes, literally 3 words in caps and with an attached police report of dismay).

    Sure, I'm aware that banks did way more than stealing 300K after stupidly losing a box full of promissory notes. It's the principle that - naïve me - once away shocks me, together with the behavior of the bank: an institution which, secure to stay unpunished, doesn't even bother to spend more than 3 words of reply (after they've been caught). For the chronicles, we are still trying to get the money back.

    Whatever cryptocurrency you are sustaining, we are all the bricks of a better future. It's time that technology and our awareness put an end to this inefficient and corrupt monetary-financial model. It's time to move on and let the people be the real owners of the value they produce and hold.

    submitted by /u/da_f3nix
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    $hitcoin Trailer: the first novel to capture the insanity of cryptocurrency

    Posted: 24 Aug 2020 03:17 AM PDT

    Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

    Posted: 23 Aug 2020 09:39 PM PDT

    UK Farmer Found Guilty in $1.9 Million Bitcoin Extortion Scheme

    Posted: 23 Aug 2020 09:05 PM PDT

    Interesting partnership for those of us who don't have the resources to run a full node on Fuse

    Posted: 24 Aug 2020 01:40 AM PDT

    Week in Ethereum News - the 4 year anniversary of the newsletter!

    Posted: 23 Aug 2020 01:50 PM PDT

    Blockchain helping supply chains get visibility through Symbol/NEM.

    Posted: 24 Aug 2020 12:49 AM PDT

    While Silicon Valley has firmly established itself as the epicenter of Western tech development, entire Asian countries such as South Korea, Japan, and Singapore have become renowned for their affinity with technology in consumers’ daily lives.

    Posted: 23 Aug 2020 04:56 AM PDT

    Made a little web app that compares mkt cap and price of 2 coins

    Posted: 24 Aug 2020 02:30 AM PDT
    Read more
    at

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