Bitcoin Daily Discussion, June 28, 2021 |
- Daily Discussion, June 28, 2021
- Mexican Billionaire claims his bank will be the first in country to accept Bitcoin
- Despite all the FUD and uncertainty, Even Gold-Obsessed Indians are now pouring Billions Into Crypto particularly into Bitcoin.
- Does anyone else get upset when the price starts to rise because you have been trying to accumulate cash during the dip?
- There is no incentive to NOT use the lightning network. This is why I think bitcoin will succeed in the next decade for developing countries.
- American University of Paraguay to accept tuition payments in bitcoin
- Bitcoin Node is Live!
- If Bitcoiners like volcanoes wait till they see how this baby hashes #Bitcoin #Paraguay @carlitosrejala
- I would love to express my gratitude to Satoshi Nakamoto for creating a borderless robust financial network that changes many lives!
- "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete"
- HELP
- Could China Foster a 'Cleaner' Bitcoin? People often equate energy consumption with pollution, and thus the current attitude towards Bitcoin is that it is ‘harmful’ to the planet. This is wrong.
- 10k to invest.
- This was the bottom of Bitcoin in 2018, mathematically the best time to buy in hindsight. Interesting how opposite the sentiment was at the time, people were literally insulting others for being positive about Bitcoin.
- Rich or Poor, Bitcoiners Around the World Share the Same Ideal for the Future. Bitcoin is Hope.
- Starting My Bitcoin Journey
- Didn't realize this til today but you can actually put BTC into a retirement IRA
- I always hear $1,000,000/BTC at some point in the future, but is this actually possible based off of the fundamentals or is this just a wild fantasy?
- I can’t wait to tell future people invested in Bitcoin “I’ve been invested in bitcoin before you were born” ����
- Crypto has Bottomed out, and the Fundamentals are Better Than Ever
- I’m guessing they finally got their position filled and are now trying to pump.
- IRS increasing prevalence of Bitcoin in their training materials
- Banco Azteca Plans To Be First Mexican Bank To Accept Bitcoin
- Any drawbacks if I liquidate my entire stock portfolio and fully transition to Bitcoin?
| Daily Discussion, June 28, 2021 Posted: 27 Jun 2021 10:04 PM 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. [link] [comments]  | ||
| Mexican Billionaire claims his bank will be the first in country to accept Bitcoin Posted: 27 Jun 2021 10:23 AM PDT
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| Posted: 27 Jun 2021 06:20 PM PDT
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| Posted: 27 Jun 2021 06:07 PM PDT | ||
| Posted: 28 Jun 2021 12:33 AM PDT No, really, think about it. This is sort of like how some developing countries skipped going from setting up landline phone systems and went straight to developing smart phone infrastructure, 3g, 4g networks instead. Also, the more people who use simple lightning wallets with simple interfaces, the more robust the system becomes. EDIT: People are saying "lightning is too difficult" without doing proper research or even going to youtube, just watch andreas give a 3 minute explanation from nearly 2 years ago here (https://np.reddit.com/r/Bitcoin/comments/cdadss/even_andreas_antonopoulos_makes_the_comparison/). There are some lightning apps that will scan a QR code and automatically determine whether it is a bitcoin blockchain address or a lightning URL address (just like Andreas said). You don't have to do any of that other complicated and cumbersome stuff either. Example - https://www.youtube.com/watch?v=AW-7XBrSqCI [link] [comments]  | ||
| American University of Paraguay to accept tuition payments in bitcoin Posted: 28 Jun 2021 02:23 AM PDT The American University of Paraguay shared on Twitter that it will accept tuition payments in bitcoin, as well as other cryptocurrencies, beginning on August 1, 2021. "From August 1, you will be able to pay all your tuition and fees with cryptocurrency," a translated version of the tweet read. "We take an important step towards innovation." The university is one of Paraguay's most prestigious educational centers and has been in operation for over 30 years. But it is still unclear how the university plans to accept or hold the BTC it receives as tuition payment on a technical level, but it has not indicated any plans to liquidate the bitcoin upon receipt. https://bitcoinmagazine.com/business/paraguay-university-will-accept-bitcoin [link] [comments]  | ||
| Posted: 27 Jun 2021 05:52 PM PDT
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| Posted: 27 Jun 2021 06:49 PM PDT
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| Posted: 28 Jun 2021 02:30 AM PDT | ||
| Posted: 27 Jun 2021 05:43 AM PDT
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| Posted: 27 Jun 2021 08:52 AM PDT Ever since I saw the adoption of bitcoin in El Zonte (a small town in El Salvador) I've thought about how great it would be if Bitcoin would get adopted in small towns all over the world. Small towns tend to have less money but with the adoption of bitcoin into their small towns, the small town's wealth would grow (assuming the price of Bitcoin goes up). Based on videos I've seen on youtube on El Zontes citizens and bitcoin some people say they've made money just from holding and others say they've lost money, which is no surprise because of its volatility. I'm very optimistic about Bitcoin, so I truly believe that any town with its own bitcoin economy will see substantial returns from just owning some bitcoin. My main point is, id like to introduce bitcoin to a small town in Mexico, I own a couple of acres of land in this town and own a couple of mini shops that people rent out to me every month. This place has a mix of both elderly and youth and they all have access to smartphones. If I were to put all my time and energy into introducing Bitcoin into this small town in Mexico, how would I do it? Where do I start? [link] [comments]  | ||
| Posted: 27 Jun 2021 02:29 PM PDT
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| Posted: 27 Jun 2021 08:17 PM PDT I'm new to Bitcoin and I am looking for advice. I am not day trading, I just want to invest and make the most of my 10k. Is buying at 35k wise or is there a reasonable possibility it will go down soon? [link] [comments]  | ||
| Posted: 27 Jun 2021 07:38 PM PDT | ||
| Rich or Poor, Bitcoiners Around the World Share the Same Ideal for the Future. Bitcoin is Hope. Posted: 28 Jun 2021 12:14 AM PDT
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| Posted: 28 Jun 2021 12:57 AM PDT
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| Didn't realize this til today but you can actually put BTC into a retirement IRA Posted: 28 Jun 2021 03:11 AM PDT
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| Posted: 27 Jun 2021 11:59 AM PDT | ||
| Posted: 27 Jun 2021 03:25 PM PDT | ||
| Crypto has Bottomed out, and the Fundamentals are Better Than Ever Posted: 28 Jun 2021 12:28 AM PDT
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| I’m guessing they finally got their position filled and are now trying to pump. Posted: 27 Jun 2021 05:33 PM PDT
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| IRS increasing prevalence of Bitcoin in their training materials Posted: 27 Jun 2021 09:28 AM PDT Hey everyone. I'm a tax professional and just recently took the second part of the Special Enrollment Examination which is an IRS test to become an Enrolled Agent. During my exam I had two questions specifically about Bitcoin out of the 100 questions on the business tax test. From what I understand, the IRS just changed the SEE this year and are including more on digital assets for the tax pros. To me this was a pleasant surprise during my test and something pretty bullish on the government's side. [link] [comments]  | ||
| Banco Azteca Plans To Be First Mexican Bank To Accept Bitcoin Posted: 27 Jun 2021 05:25 PM PDT | ||
| Any drawbacks if I liquidate my entire stock portfolio and fully transition to Bitcoin? Posted: 27 Jun 2021 07:06 AM PDT Hi Everyone, Hoping to get your thoughts on something I've been contemplating for some time now. I've been DCAing into stocks and Bitcoin for a few years now but recently have been considering liquidating all my stocks and completely transitioning into Bitcoin. I would no longer invest in stocks and continue investing 5% of my income into Bitcoin, possibly increasing it to 15% or 20% of my income. Good or bad idea? [link] [comments]  |
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