Cryptocurrency Daily Discussion - December 3, 2020 (GMT+0) |
- Daily Discussion - December 3, 2020 (GMT+0)
- Rohan Grey, advisor to the Democrat Congress Reps who put forth a new bill to ban stablecoins, is advocating to ban running blockchain nodes. We should demand that Stanford and the UN ICT agency sever all connections to him. What he is advocating is absolutely totalitarian and monstrously evil
- US lawmakers seek to make stablecoins illegal without federal approval
- PayPal CEO Says Now Is the Time for Cryptocurrencies to Go Mainstream
- The U.S.federal budget deficit for the 2020 financial year was $3.1 trillion, and the total size of the government debt now exceeds 100% of GDP. In this economic and political uncertainty, many are turning to Bitcoin and digitally native alternatives.
- Woke up today and found out my life savings are gone
- Today I scammed a Bitcoin Scammer. :) READ FROM BOTTOM TO TOP (reddit wont alow my pics in the other direction?) sorry for the inconvienience.
- Bitcoin Price Surges After US Proposes Stablecoin Law
- Would you use your NFT asset as collateral for a loan?
- A fee-less future?
- Acala To Launch Oracle Gateway for Polkadot Ecosystem
- CEO of BlackRock: “The search hits on our website were about 3,000 for monetary policy, 3,000 for Coronavirus and 600,000 for Bitcoin"
- My experience and approach using centralized DeFi platforms
- Discussion of the Day: Nash Exchange (NEX)
- New Moons Are Ready! (Round 7)
- Loopring's zkRollup AMM is live. Instant, gas-less swaps on Ethereum Layer 2.
- Can someone explain to me how Crypto is for a better future rather than some cash grab?
- 65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services
- Hackers Demand 200 Bitcoin Ransomware After Compromising Leading Israeli Insurance Company's Sensitive Data
- Visa May Issue USDC Credit Card After Adding Circle to 'Fast Track' Program: Report
- New Paper: Ripple Network Doesn't Meet Criteria To Reach Consensus - Network Is Vulnerable to Malicious Actors
- Morpheus Network : Best In Supply Chain Field?
- Bitcoin, gold to benefit as Peter Schiff predicts ‘worst year ever’ for US dollar
- US Congressmen Propose a New Bill to Protect Customers from Cryptocurrency Related Financial Threats
- United Nations and LTO Network release world’s first open-source land registry
| Daily Discussion - December 3, 2020 (GMT+0) Posted: 02 Dec 2020 04:09 PM PST 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:
To see prior Skeptics Discussions, click here. [link] [comments]  | ||
| Posted: 03 Dec 2020 01:17 AM PST He is currently Vice-Chair (Privacy) of the Digital Currency Global Initiative, which is a joint project by the International Telecommunication Union, which is the UN ICT agency, and Stanford. To advocate such a totaliarian position - where running a software node that operates according to an autonomous algorithm becomes illegal in the United States - means he is profoundly authoritarian in his mindset and agenda. Ultimately his goal must be to either keep all cryptocurrency networks out of the US through extreme control over the internet within the US, or to eliminate all autonomous cryptocurrency networks from the world. This would disenfranchise millions of people, and prevent the emergence of decentralized financial networks that have already shown they have the ability to dramatically improve the living conditions of people facing some of the most challenging socioeconomic conditions in the world. To advocate for such a heavy-handed and illiberal respose to a voluntarily formed decentralized software network makes it completely inappropriate for an international organization like the UN, or a world renowned university like Stanford, to have any affiliation with him. He's advocating nothing less than the total suppression of non-official human activity, and total bureaucratic supremacy, of the kind characteristic of the worst totalitarian societies. We should contact the UN ICT Agency and Stanford and demand they distance themselves from someone advocating government measures that pose such a grave threat to human rights in the US and to financial empowerment worldwide. [link] [comments]  | ||
| US lawmakers seek to make stablecoins illegal without federal approval Posted: 02 Dec 2020 08:24 PM PST
 | ||
| PayPal CEO Says Now Is the Time for Cryptocurrencies to Go Mainstream Posted: 02 Dec 2020 06:44 AM PST
 | ||
| Posted: 02 Dec 2020 11:51 PM PST
 | ||
| Woke up today and found out my life savings are gone Posted: 03 Dec 2020 01:39 AM PST Because I've just bought the dip baby! (I did not actually put my life savings and only invest 5% of my paycheck monthly in BTC). Also don't keep your coins on an exchange as you must have heard multiple times here and rightfully so "Not your keys, not your coins" [link] [comments]  | ||
| Posted: 02 Dec 2020 01:59 PM PST
 | ||
| Bitcoin Price Surges After US Proposes Stablecoin Law Posted: 03 Dec 2020 01:57 AM PST
 | ||
| Would you use your NFT asset as collateral for a loan? Posted: 03 Dec 2020 03:24 AM PST Recently I found out about Stater, which claims to be an open-source p2p lending platform for NFT assets. Their idea looks really interesting. I would love to use my cryptokittie (disclaimer, I'm a big fan) as collateral for a loan but I don't know what to think about the marketplace system and also they will not keep track of price volatility from what I see. They have a product demo here: https://youtu.be/Fcm-_v-50kE Also their website: https://stater.co What do you guys think? [link] [comments]  | ||
| Posted: 02 Dec 2020 04:11 PM PST Since I'm not super tech-savvy nor have a degree in finance (yet), please perceive this post more as a quick concern rather than an analysis of how things should be. If the goal is to have a P2P cash flow in society, shouldn't we aim for this to be done without any fees? [link] [comments]  | ||
| Acala To Launch Oracle Gateway for Polkadot Ecosystem Posted: 02 Dec 2020 05:24 PM PST
 | ||
| Posted: 02 Dec 2020 10:28 AM PST
 | ||
| My experience and approach using centralized DeFi platforms Posted: 03 Dec 2020 03:42 AM PST I'm not super techy. I'm not running a node. I didn't stake ETH for 2.0. I'm just an idiot that happened to stumble into the crypto space almost 8 years ago and was somehow able to see the value for what it could become. I am not a whale, but I'm not a guppy either. Maybe I'm a barracuda. I'm not close to retiring, and that's probably my most important indicator. Anyway. I stumbled onto the world of centralized DeFi a few months back and it's working well so I thought I would share my approach for anyone else interested. I take this route as opposed to true DeFi because I'm not techy enough to trust myself to do it right. I don't mind custodial fees and I'm willing to trust a centralized service to an extent. Of the coins I have, 69% of them can be staked on their own or earn interest via a DeFi platform. That's my first takeaway: target quality coins that you can put into a platform or staking pool. Next, disperse your risk. It seems crazy to put your entire stack into Nexo, doesn't it? Is Blockfi safer? CDC? Truth is, we don't know. I committed to putting a third of my stack into these centralized platforms, and I've split that third about equally into each one. So now if I'm going to lose a third of my stack, three separate and independent organizations all need to fail. Then, determine what works best for you. If you want to accumulate more bitcoin specifically, maybe you put more of your USDC into Blockfi since that reward can be paid out in bitcoin. It's only 8.6% interest though, so if it's just about stablecoin gains then maybe CDC is a better option for you, as it's 10% (in a three-month lockup with no CRO staking required). Blockfi has ETH interest at 5.25%; do you use that to leverage more BTC or do you grow your ETH stack at the highest available rate? Nexo pays out interest every day and so the compounding power is greater, but Blockfi's interest on BTC and ETH is higher on its face. Nexo also has the tokenomics rewards which I haven't fucked with and can therefore offer no opinion. There's a lot of push and pull available, and it's all good, but you need to figure out your own goal and what you want to accumulate. Final thoughts in no particular order: I haven't used Celsius but they seem to have a good reputation. Don't put DOT or EGLD into CDC when you can stake them yourself for a better return. Nexo has said they are participating in the XRP spark airdrop. Lots of coins overlap on the three platforms, they often have different rates. Shop around. Fuck CRO coin. Consider the withdrawal fees for each platform. This is in excess of the network fee for moving anything in or out. This should be thought of as a hodling strategy to minimize your coin movement. Thank you for coming to my TED talk. [link] [comments]  | ||
| Discussion of the Day: Nash Exchange (NEX) Posted: 02 Dec 2020 04:41 PM PST -Today's Crypto of the Day is Nash Exchange (NEX), and it's current price is $0.793324. -Since 2/18/20, every day I have featured a new crypto of the day for us to discuss. I try to make follow up posts within a week, but I am behind at the moment. I try to mix in the most popular projects, along with some long shots. Sometimes I even feature projects I personally am not a fan of, just for the sake of conversation. I feel it is important for us to focus on the pros and cons of all projects, even if that sometimes means playing devil's advocate. At this point, I plan to try to continue making these posts until I have completed a full year. -If you decide to reply, please add something more than, "scam" or "this coin will moon to $1000 by the end of 2020". Please say why. If it is a scam, link or show evidence. If you feel it is a true moonshot, what makes this project special with that sort of potential? It seems many people within this community only promote projects they are financially invested in, while trash talking coins they do not hold bags. -I strongly encourage everyone to follow up on past discussions and you can still make comments on them. There is a lot of valuable information on many of these posts, so please check them out as you have time. You may learn a lot regarding some of these projects. I know I certainly did! https://www.reddit.com/r/CryptoCurrency/search?q=author%3Ajoenorwood77&restrict_sr=on -These posts are not meant to be financial advice, but instead to be an educational discussion. Everyone is responsible for doing their own research. [link] [comments]  | ||
| New Moons Are Ready! (Round 7) Posted: 02 Dec 2020 02:30 PM PST The next distribution of Moons is ready. You can claim your Moons through the Vault in the Reddit mobile app (iOS/Android). Moons are r/CryptoCurrency's form of Community Points, a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community. This distribution is based on karma earned from 2020-11-02 to 2020-11-29. Here is the finalized list, with contribution scores signed by Reddit (users with no signatures yet do not have a registered Vault. They will be able to claim their Moons when they create their Vault through the Reddit app). [link] [comments]  | ||
| Loopring's zkRollup AMM is live. Instant, gas-less swaps on Ethereum Layer 2. Posted: 02 Dec 2020 10:11 PM PST | ||
| Can someone explain to me how Crypto is for a better future rather than some cash grab? Posted: 02 Dec 2020 06:36 PM PST I've been thinking about how cryptocurrency, is the "future" and how it benefits society vs the traditional way, I mostly see scams, high fees, bad actors, shilling, Ponzi schemes, a "currency" for use in nefarious ways. For example, if you want to buy bitcoin, there's a fee, want to trade bitcoin, there's a fee, want to withdraw bitcoin there's a fee. These exchanges make it super is easy to deposit and hard to withdraw. "Free" buy bitcoin are masked with large spreads, and ATM fees come with even ridiculous large fees. TBH I don't get how this is the future, the current system you can bank for free, transfer for free already if you look. It's reliable and you're backed back the government. The average joe isn't gonna understand this stuff or trust it. Also people always fear about their keys getting stolen, and people wasting money to buy crypto wallets. Also the prices fluctuate too much for it take it seriously for everyday use. To me it's just a speculative penny stock casino with a zero sum game. Maybe years down the road something helpful will emerge with crypto but I don't see it, maybe someone can shed some light how crypto will help society because I don't get it. The current system works and the inefficiencies are being solved with fintech startups like 0% foreign fees,0 transaction fees. Heck if you want to trade for free you can already do that. My knowledge may be limited as I don't watch this stuff every day or religiously. This is just what I see. If I'm wrong or missing something please share your thoughts. [link] [comments]  | ||
| 65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services Posted: 03 Dec 2020 03:10 AM PST
 | ||
| Posted: 03 Dec 2020 02:54 AM PST
 | ||
| Visa May Issue USDC Credit Card After Adding Circle to 'Fast Track' Program: Report Posted: 02 Dec 2020 07:10 AM PST
 | ||
| Posted: 03 Dec 2020 03:39 AM PST
 | ||
| Morpheus Network : Best In Supply Chain Field? Posted: 03 Dec 2020 02:18 AM PST Morpheus.Network is a supply chain SaaS middleware platform seamlessly integrating legacy and emerging technologies (E.g., Blockchain, IoT, RFID, etc). Adopted by some of the most powerful companies of the world. Pilots with Us Government - Successful pilots with DHS and CBP departments Pilots with Bayer (Recent article says it could already be live) Pilots with Loreal Pilots with YPF Pilots with several companies in China. MRPH is currently tradeable in IDEX2.0 and UNISWAP. [link] [comments]  | ||
| Bitcoin, gold to benefit as Peter Schiff predicts ‘worst year ever’ for US dollar Posted: 02 Dec 2020 06:12 PM PST
 | ||
| US Congressmen Propose a New Bill to Protect Customers from Cryptocurrency Related Financial Threats Posted: 03 Dec 2020 01:43 AM PST | ||
| United Nations and LTO Network release world’s first open-source land registry Posted: 02 Dec 2020 10:34 AM PST
 |
| You are subscribed to email updates from Cryptocurrency News & Discussion. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment