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    Bitcoin Daily Discussion, February 11, 2021

    February 11, 2021

    Bitcoin Daily Discussion, February 11, 2021

    Daily Discussion, February 11, 2021

    Posted: 10 Feb 2021 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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    Mastercard Will Let Merchants Accept Payments in Crypto This Year

    Posted: 10 Feb 2021 01:29 PM PST

    The Silence Before the Storm ��

    Posted: 11 Feb 2021 12:21 AM PST

    did he made the right decision?

    Posted: 10 Feb 2021 11:25 AM PST

    Bitcoin takes power from Wall Street and gives it to the people, and as the ecosystem develops, it's becoming more and more liquid

    Posted: 11 Feb 2021 02:05 AM PST

    Inevitable.

    Posted: 10 Feb 2021 09:35 PM PST

    The old world is going to start getting desperate

    Posted: 10 Feb 2021 04:33 PM PST

    Mark my words, now that Musk has ousted himself from the "system", they are going to come after him and all of us in order to attempt to maintain control.

    They can't control Musk and they hate it. They can't control Bitcoin and they hate it. Up until this point, we have just been a thorn in their side. Now, we are a direct threat to their system and way of life.

    The elites are going to start losing everything and it has already started. They can feel it.

    FUD won't be enough for them anymore. They will step up their game in 2021. Desperate times call for desperate measures.

    Be ready. Don't settle for anything that doesn't promote open, decentralized, on-chain settlements. Layer 2 is fine, but it needs to be ultimately settled on THE blockchain.

    We will start to see CBDCs pop up throughout the world and they are going to appear on the surface to be our friend. Trust me, they are not our friend. They have their own goals and agendas.

    Support business, exchanges, and people that promote and allow self-custody. If your broker doesn't give you a key to your bitcoin, it's not really your bitcoin. If you are on Robinhood, leave. If you are on PayPal, leave. There are plenty of other options that don't have an agenda.

    Never settle for anything other than the real blockchain - Bitcoin.

    submitted by /u/Adamsimecka
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    Tesla earned in two days more on Bitcoin than selling cars in the last three months ����������

    Posted: 10 Feb 2021 04:56 PM PST

    In fact it's the first time the company made profit and judging by the share price drop it looks like it's not going to last. Elon knows what his doing with this crypto move.

    submitted by /u/434_am
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    Don't fall for the electricity waste FUD

    Posted: 10 Feb 2021 03:52 PM PST

    This argument is being used, naively or deceitfully, to divert attention from what's being produced from the electricity. Electricity is being converted into hard money that can't be printed out of thin air. That's why it has value. You want Bitcoin, you pay in electricity or you buy it. This incentive has the side effect of keeping the blockchain score decentralised and secure.

    Let's consider the current financial system. Let's sum up all the electricity used by all the physical banks, all the server rooms, all the office spaces. Would you rather use the electricity to power a centralised corrupt system?

    People who use this argument still don't understand the value that's being generated and secured by the Bitcoin network.

    Fascism is super efficient. But we all rather live under democracies as they are fairer systems. Can't put it in any simpler terms.

    submitted by /u/veganic11
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    Gary Gensler, the MIT blockchain professor, was officially named SEC chair

    Posted: 10 Feb 2021 05:57 PM PST

    Ark's Cathie Wood explains how bitcoin could increase by $400,000

    Posted: 10 Feb 2021 08:06 PM PST

    Twitter CFO says social media giant is considering whether to add bitcoin to its balance sheet

    Posted: 10 Feb 2021 06:54 AM PST

    The original #Bitcoin meme, now with audio!

    Posted: 11 Feb 2021 02:05 AM PST

    Twitter is considering adding bitcoin to its balance sheet, CFO says

    Posted: 10 Feb 2021 10:42 AM PST

    Michael Saylor on Twitter quoting Warren Buffet: "Only buy something that you'd be perfectly happy to hold if the market shuts down for 10 years".

    Posted: 10 Feb 2021 03:00 PM PST

    I love how we prove everyone wrong, every time.

    Posted: 11 Feb 2021 02:45 AM PST

    Bitcoin is the future. The people who hate it know it, and we know it. They always say, "Bitcoin is going to zero. Bitcoin is going to fail. It is not worth anything." Today is February 11, 2021, and Bitcoin is now 45k. I don't think Bitcoin is going anywhere, anytime soon! When one looks at Bitcoin for the platform it provides, people will realize its potential. In Bitcoin we trust!

    submitted by /u/LysergicReefer
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    GM CEO Mary Barra has no interest in Bitcoin. Let's all keep that in mind when we are car shopping.

    Posted: 10 Feb 2021 01:51 PM PST

    If BTC hits $69,420 by 4th of June this year, I'll donate $6489 to charity.

    Posted: 10 Feb 2021 07:14 AM PST

    I'm open to suggestions. Will also match donations of up to $3511 to any legit charities. So $10000 in total max, or at least $6489 if no one else donates.

    Mods: You can ban me if I don't follow through.

    submitted by /u/sonastyinc
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    Why Mastercard is bringing crypto onto its network — ["We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."]

    Posted: 10 Feb 2021 03:09 PM PST

    Hey Mastercard, remember this video? Bitcoin doesn't forget.

    Posted: 10 Feb 2021 06:26 PM PST

    Twitter is about to buy Bitcoin

    Posted: 11 Feb 2021 02:16 AM PST

    While experts were arguing about Apple and would it buy Bitcoin or not, Twitter announced its desire to participate. The Chief Financial Officer of Twitter Ned Segal said on Wednesday that Twitter is looking for options to pay employees in cryptocurrency. It was also said that Twitter wants to put a part of its funds into Bitcoin.
    Do you think this is the real beginning of mass adoption? After all, if people get paid in crypto they don't have other options but to use it.

    submitted by /u/SimpleSwapExchange
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    Mastercard will let Merchants accept payments in “crypto” this year!

    Posted: 10 Feb 2021 02:38 PM PST

    Wow what a good news ❗️Bitcoin ready to 🚀🚀🚀🚀

    submitted by /u/DaLaY-TR
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    REUTERS is in Panic mode after Elon Musk purchases 1.5 billion worth of Bitcoin... have a good laugh at this stupid article!

    Posted: 10 Feb 2021 02:03 PM PST

    Nigerians defy government order, turn to P2P exchanges for Bitcoin

    Posted: 10 Feb 2021 11:51 PM PST
    Read more
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