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    Bitcoin Daily Discussion, September 09, 2020

    September 09, 2020

    Bitcoin Daily Discussion, September 09, 2020

    Daily Discussion, September 09, 2020

    Posted: 09 Sep 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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    Nigeria is seeing the rise of Bitcoin as a means of payment for the real world!

    Posted: 08 Sep 2020 02:34 PM PDT

    Adam Curry to Joe Rogan “You’re going to need a Bitcoin, at least one”

    Posted: 08 Sep 2020 04:29 PM PDT

    Bitcoin Use By Small Businesses Surges in Africa

    Posted: 08 Sep 2020 11:57 AM PDT

    Coinbase blocked in Venezuela, on all mayor ISPs

    Posted: 08 Sep 2020 07:10 PM PDT

    Wake Forest University Becomes First School in North Carolina to Accept Bitcoin

    Posted: 08 Sep 2020 11:31 AM PDT

    Bitcoin Adoption: Just Eat France Now Accepts BTC Payments in Over 15,000 Restaurants

    Posted: 09 Sep 2020 12:32 AM PDT

    How the bitcoin Pineapple Fund "changed everything" for MDMA research

    Posted: 08 Sep 2020 10:50 AM PDT

    A week after Bitcoin went live, Hal Finney was imagining it at $100 trillion:

    Posted: 08 Sep 2020 02:31 PM PDT

    If bitcoin is a gamble then the US Dollar is a crap shoot. All these articles stating how risky bitcoin is wouldn’t know a good thing even if it punched them directly in the face. Fools.

    Posted: 08 Sep 2020 06:18 PM PDT

    Finally. Binance listened. Now you can add more than one Yubikey for extra security!

    Posted: 08 Sep 2020 09:01 PM PDT

    Hello,

    I've been literally spamming Binance support over this. They only allowed one Yubikey to be enabled for signing in and confirming withdrawals, I wasn't comfortable with this as losing your key means you'd have to re-do KYC.

    Out of nowhere, I checked my Binance security page to find out that you can now add as many Yubikeys as you want!

    ELI5: Yubikey is a hardware key that works pretty much like your hardware wallet, but for your identity. It makes phishing attempts much harder since you need to touch a physical button to sign in. That button won't be enabled unless the site you're trying to log into is Binance.com. Google has implemented this technology and gave those keys to each of their 90k employees and they've reported 0 phishing attempts ever since.

    The technology that makes this possible is called FIDO2, it comes out of the box with your Trezor/Ledger. If you don't want to spend money on a separate device, then make your hardware wallet a storage for your wealth and online accounts.

    Take your security to the next level, especially after what happened in May of last year.

    submitted by /u/Leader92
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    (Serious Question) How can we expect to truly adopt a new currency if it’s “value” is always dependent on the dollar?

    Posted: 08 Sep 2020 11:09 PM PDT

    You'll have to excuse the dumb question that is probably very obvious, but I've been following crypto for years and I guess I just don't understand how we can ever go to a completely crypto system when all I ever see is what bitcoin is worth compared to the dollar. I can't quite get my head around how we transfer and entire currency system if we always value its worth against the dollar. There must be something I'm just way too stupid to understand. Will someone please explain this to me?

    submitted by /u/knxcklehead
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    3D Printed Bitcoin Bottle Opener- putting those pennies to good use!

    Posted: 08 Sep 2020 07:11 AM PDT

    ICoinTime｜'It's about to get very interesting,' Bitcoin S2F model creator notes

    Posted: 09 Sep 2020 02:11 AM PDT

    These 10 Countries Lead the World in Bitcoin Adoption - Decrypt

    Posted: 08 Sep 2020 06:34 PM PDT

    Why Bitcoin Investors Aren’t Worried About This Price Pullback

    Posted: 08 Sep 2020 06:36 PM PDT

    Should I buy a hardware wallet if I only possess $100 worth of bitcoin?

    Posted: 08 Sep 2020 02:03 PM PDT

    So today was my first day to purchase $100 of bitcoin using shakepay. My intention is to buy $100 worth of bitcoin every month (I'm 19yr old so a bit tight on budget) for the next 20 years. I am also not willing to trade bitcoin, will just hold onto then pretty much forever. Do you guys recommened buying a hardware wallet? Or what kind of wallet should I store my bitcoin? I know I'm not supposed to store my bitcoin in the shakepay app, but I'm pretty lost here..

    submitted by /u/suhdanny
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    Posted: 08 Sep 2020 04:32 PM PDT

    The Bitcoin Supply Visualized. ⬛ = 1000 BTC

    Posted: 09 Sep 2020 04:04 AM PDT

    Pornhub Accepts Bitcoin

    Posted: 09 Sep 2020 01:50 AM PDT

    Bitcoin educating company

    Posted: 09 Sep 2020 03:50 AM PDT

    Hey guys, I'm just a college kid with a passion for bitcoin and helping people get started with bitcoin. Was thinking about starting business that helps people get started by consulting them through the process and educating them. Anyone out there that would be interested in teaming up? I figured i spread bitcoin knowledge to my friends and help them with everything bitcoin, why not get paid?

    submitted by /u/BuyBTC88
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    'A Very Important Moment In Bitcoin History' As Smart Contract Is Deployed On Mainnet

    Posted: 09 Sep 2020 03:41 AM PDT

    Need some help understanding a hardware wallet

    Posted: 09 Sep 2020 03:29 AM PDT

    So from what I can gather the point of a hardware wallet is a wallet that has never connected to the internet, now I can see how that is possible when you are only transferring to it, but how can you transfer from it without connecting to the internet?

    submitted by /u/mitchmatch99
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    How Bitcoin Mining is Being Used to Repurpose Natural Gas Flaring: Sustainability in Mining and Bringing Hashrate to America

    Posted: 08 Sep 2020 08:15 AM PDT

    I’m now a believer in Bitcoin, how much should I buy?

    Posted: 08 Sep 2020 10:48 PM PDT

    While I used to think cryptocurrency was either a fad or ponzi scheme, I now see that it could likely be the future.

    While it has problems like no fraud protection, being difficult to purchase and store, and inconvenient for transactions, companies like coinbase and many others are building companies around addressing these problems.

    It's obviously volatile but it's survived numerous major downturns, and even its lower bound is steadily increasing over time...

    And the most interesting thing to me is when a nation's economy fails many people actually turn to bitcoin, it just doesn't have the infrastructure yet to be widely used

    I'm seriously considering exchanging half my net worth, $100K USD for BTC, and using it over the next few years for purchases where I can and sending remittances to family abroad. I realize it's extremely risky but I look at it as helping to shape the future by supporting the startups via transaction fees, and I believe the potential reward also outweighs the risk by far.

    Anyone have insights as to whether I should buy and if 50% of my net worth is crazy?

    submitted by /u/Connect_Werewolf_754
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