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    Bitcoin Daily Discussion, December 12, 2020

    December 12, 2020

    Bitcoin Daily Discussion, December 12, 2020

    Daily Discussion, December 12, 2020

    Posted: 11 Dec 2020 11:00 PM PST

    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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    Pornhub Might Have To Push Bitcoin Adoption After Mastercard and VISA Ban

    Posted: 11 Dec 2020 11:47 PM PST

    Director of Amazon-Owned Top Streaming Platform 'Twitch' Puts 25% Of His Wealth In Bitcoin - Site Gives 10% Discounts To Users Who Pay In Crypto...

    Posted: 11 Dec 2020 05:21 PM PST

    The Underground Sistine Chapel is my biggest art project ever! �� 100% funded with cryptocurrencies (Bitcoin & Ethereum), 5 months of work, surface of 100m2, 400 characters, painted in a former gold foundry close to Paris (@studiolafonderie). More infos in the link bellow ⬇️

    Posted: 11 Dec 2020 01:17 PM PST

    When bitcoin was 3k I thought that was the most expensive thing to buy, now I am like wtf

    Posted: 11 Dec 2020 07:34 PM PST

    MicroStrategy announcement about intent to buy $650 million in Bitcoin.

    Posted: 11 Dec 2020 09:19 AM PST

    I just bought 0.1 BTC, Witness Me

    Posted: 11 Dec 2020 11:14 PM PST

    The Wealthy Are Jumping Into Bitcoin as Stigma Around Crypto Fades

    Posted: 11 Dec 2020 07:06 AM PST

    Blockstream Green wallet shouldn’t be recommended to new users

    Posted: 12 Dec 2020 01:23 AM PST

    1. It doesn't support Native SegWit (bech32). Even this one alone should be enough for everybody to stop using it. Any decent wallet should support Native Segwit by default and should give you the option to create regular Segwit wallet (aka Wrapped or Nested) at will.

    2. The mnemonic seed from Blockstream Green cannot be used to restore on other wallets, even if you haven't used any 2FA. This is mentioned only once in their whole website.

    3. You can't use multiple mnemonic seeds at once. Even Trust wallet lets you import multiple seeds and then switch between them in the settings.

    4. You can't even delete or rename an account that you have previously added, at least on mobile.

    5. It doesn't have coin control, i.e. it doesn't let you to choose from which inputs you want to spend. It is said the wallet offers super privacy and yet is missing this feature. Even ledger live supports this and they are rather slow on adding features.

    Edit: added more things

    submitted by /u/mitchcrypto
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    In a mere 10 years from now, 99% of all bitcoins will have been mined.

    Posted: 11 Dec 2020 07:58 AM PST

    MicroStrategy announced Friday it will invest $650 million in Bitcoin - BUll BULL bulll Bull BulL!

    Posted: 11 Dec 2020 09:56 AM PST

    JPMorgan: Gold's Price Could Suffer As Bitcoin Started Taking Its Market Share

    Posted: 11 Dec 2020 08:51 PM PST

    Officially reached 1 BTC after DCA for two years. You guys really made me work for it this Fall!

    Posted: 12 Dec 2020 03:24 AM PST

    Excited to join the 1 BTC club. I had to increase my monthly because the price was booming way too fast but I made it. There should be a pool party 🎉

    What kind of rewards do I look forward to now?

    submitted by /u/TenderGod
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    I just bought 0.01 bitcoin first time support me ✌️

    Posted: 11 Dec 2020 05:33 PM PST

    The antiquated dinosaur ‘experts’ cannot kill Bitcoin!

    Posted: 12 Dec 2020 02:08 AM PST

    A New York political club is going to interview candidates to replace the asshole Manhattan DA that brainchild was the Bitlicense in 2014. I am one of the panelist invited to review the candidates. We need him out of office and you can help in a weird way.

    Posted: 11 Dec 2020 07:37 AM PST

    The TLDR is just LIKE: https://twitter.com/theochino/status/1337382940536410112?s=20

    I am a member of a political club in New York City that will be interviewing candidates running for District Attorney. I got fucking berserk when they tried to push the bitlicense.
    I have been waiting for this moment for 6 years and it finally arrived. I need folks to just LIKE this tweet so the candidate for DA candidates know I am a serious Advocate for Privacy and Bitcoin.

    https://twitter.com/theochino/status/1337382940536410112?s=20

    I posted another Reddit but the subject was not very good but it tell the story.
    https://www.reddit.com/r/Bitcoin/comments/kb2ydg/something_big_happened_and_its_a_long_story_but_i/

    submitted by /u/theochino
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    The United States and the Global Elite do not want to kill BTC they want to get rich

    Posted: 11 Dec 2020 09:37 AM PST

    Just clearing up some confusion. Big money only cares about making more big money. Lots of weird conspiracy comments floating around about the good ol' fellas trying to sink BTC, like when Mnuchin was running his suck about self hosted wallets.

    Google around, the best of big money and governments are entirely interested in how this can benefit their bottom line. So long as we continue down the self reinforcing road of being a standard in global value storage and transfer, we've already won and are just waiting on champagne 🥂

    submitted by /u/ChTender
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    Discussion and opinions of the massive institutional investments and buys in the last 6 months?

    Posted: 11 Dec 2020 10:31 PM PST

    Trying to gather the communities thoughts, opinions and out look on the massive instatutinal buy in that has happened. Thoughts, opinions, endgame, motives, goals? What is going on big picture or small?

    submitted by /u/Parking_Meater
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    Ideas Don't Die. #Bitcoin

    Posted: 11 Dec 2020 05:22 PM PST

    MicroStrategy announces completion of $650 million debt offering to fund bitcoin buys

    Posted: 11 Dec 2020 09:19 AM PST

    How to protect seed from people you live with?

    Posted: 12 Dec 2020 02:34 AM PST

    I saw a thread on twitter about a guy whose wife fell for a phishing scam and apparently she had access to it. People said "this is why I don't let my wife have access to my seed [no pun intended]", but if you live with them, then how can you be sure of this? You may not intend for them to have access to it, but to prevent them from finding a piece of paper/metal and just throwing it away, they should know about its existence.

    Ignoring multisig, you could use a safe, but then you need another one for the passphrase and then you should have another copy in case one is lost/damaged somehow and it all gets a bit too much...

    I think they should be educated to never enter a seed into a computer.

    submitted by /u/Zaidinator7
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    I kept asking myself where the heck was I when bitcoin started in 2009? How come I never heard of it back then

    Posted: 11 Dec 2020 05:50 PM PST

    Two wallets in one ledger?

    Posted: 12 Dec 2020 12:33 AM PST

    Hi guys

    My partner and I wonder if we can have two separate wallets on one ledger? We don't share money.

    Thanks!

    submitted by /u/mushroomyakuza
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    MicroStrategy completed a $ 650 million dollar bond sale to fund its next Bitcoin purchase

    Posted: 11 Dec 2020 11:44 AM PST

    The bond sale demonstrates MicroStrategy's belief that Bitcoin is a generational investment opportunity. MicroStrategy, the leading business intelligence company, announced on Friday that it has raised $ 650 million worth of convertible bonds to fund more purchases of Bitcoin (BTC), underscoring CEO Michael Saylor's conviction in the leading digital asset. The company confirmed on Friday that it had sold $ 650 million in convertible notes at a rate of 0.750% maturing in 2025. The interest rate is paid semi-annually on June 15 and December 15 beginning in 2021.

    submitted by /u/criptoretro2
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