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    Wednesday, July 7, 2021

    Bitcoin Every Wednesday there is a hosted Bitcoin Core Pull Request Review Club on IRC. All welcome to join. Tomorrow's topic: PR22363 - Use `script_util` helpers for creating P2{PKH,SH,WPKH,WSH} scripts

    Bitcoin Every Wednesday there is a hosted Bitcoin Core Pull Request Review Club on IRC. All welcome to join. Tomorrow's topic: PR22363 - Use `script_util` helpers for creating P2{PKH,SH,WPKH,WSH} scripts


    Every Wednesday there is a hosted Bitcoin Core Pull Request Review Club on IRC. All welcome to join. Tomorrow's topic: PR22363 - Use `script_util` helpers for creating P2{PKH,SH,WPKH,WSH} scripts

    Posted: 06 Jul 2021 04:15 AM PDT

    Daily Discussion, July 07, 2021

    Posted: 06 Jul 2021 10:07 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.

    submitted by /u/rBitcoinMod
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    Exposed Congressman Rep Brad Sherman Who is Trying to ‘Shut Down’ Crypto and Gets His Biggest Donations From Big Banks, is Up for Re-election Next Year in 2022. Let's vote him out? Any Californians here like me who can help? I'll be voting for whoever is against him next year.

    Posted: 06 Jul 2021 11:23 AM PDT

    Exposed Congressman Rep Brad Sherman Who is Trying to ‘Shut Down’ Blockchain and Gets His Biggest Donations From Big Banks, is Up for Re-election Next Year in 2022. Let's vote him out? Any Californians here like me who can help? I'll be voting for whoever is against him next year.

    Posted: 07 Jul 2021 02:08 AM PDT

    Exposed: Congressman Trying to ‘Shut Down’ Crypto Gets Biggest Donations From Big Banks

    Posted: 06 Jul 2021 08:37 AM PDT

    This stickied Bitcoin Beach AMA in r/WorldNews isn't getting any attention and it's being downvoted

    Posted: 06 Jul 2021 10:34 PM PDT

    NP ('Non-Participatory') link:

    https://np.reddit.com/r/worldnews/comments/of24zi/we_visited_bitcoin_beach_to_see_how_bitcoin_works/

    We visited "Bitcoin Beach" to See How Bitcoin Works in El Salvador. AMA!

    Vice News reporter Keegan Hamilton and Motherboard editor Jason Koebler are here to answer your questions about how Bitcoin is being used in El Salvador. ICYMI: El Salvador is the first country to adopt Bitcoin as a national currency. It all started with a tiny surf town called El Zonte that rebranded itself "Bitcoin Beach," installed a Bitcoin ATM, and created a way for locals to do everything from buy pupusas to pay their utility bills with Bitcoin. The system does have some problems and El Salvador's nationwide adoption has many skeptics. We dug into how this all began, how it's working, and who stands to profit.

    Read the story on VICE News: https://www.vice.com/en/article/v7ezg3/bitcoin-is-national-currency-in-el-salvador-now-whos-going-to-get-rich

    Watch the video on YouTube: https://youtu.be/jvHN0MEBoZo

    Ask us anything!

    Proof: https://i.redd.it/tzsxtfbixo871.jpg

    submitted by /u/simplelifestyle
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    The Real Reason Big Banking Giga Brad Sherman is Against Bitcoin; He's Afraid For His Banker Friends & Their Tax Havens That Have Lined His Pockets and Filled His Campaign Donation's Wallets For Decades - Bitcoin Fixes This

    Posted: 06 Jul 2021 08:35 PM PDT

    They only talk about Bitcoin losing value for a few months. They never talk about the dollar losing value forever

    Posted: 07 Jul 2021 02:55 AM PDT

    They only talk about Bitcoin losing value for a few months. They never talk about the dollar losing value forever

    Bitcoin 2011-2021

    US dollar 1913-2021

    $1 in 1913 = $27.25 today

    $1 in 1971 = $6.69 today

    $1 in 2009 = $1.26 today

    The buying power of $1 today is

    3% of what it was in 1913 (FED created)

    13% of what it was in 1971 (Bretton Woods collapse, beginning of fiat petrodollar era)

    The US dollar has lost over 20% of its value in the same period Bitcoin went from 0 to 65k

    Unlike Bitcoin, the dollar never regains its value once lost.

    submitted by /u/xcryptogurux
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    Lord Fusitu’a is Tongan royalty and a member of the Tongan government. He wants to implement Bitcoin as official currency like El Salvador.

    Posted: 06 Jul 2021 09:41 PM PDT

    https://www.youtube.com/watch?v=P5b9DMQDB8I

    https://bitcoinmagazine.com/culture/bitcoin-and-tonga-fusitua

    On this episode of the Bitcoin Magazine Podcast, Christian Keroles sits down with Lord Fusitu'a of Tonga. Lord Fusitu'a is Tongan royalty and a member of the Tongan government. Lord Fusitu'a is a die-hard Bitcoiner and often spends time on Twitter spaces chatting with Bitcoin plebs from around the world. He tells the story of how Tonga relies heavily on remittances from Tongan's living abroad and how much of those funds are lost to middlemen and rent seekers. According to Lord Fusitu'a bitcoin is already starting to take hold in Tonga on a peer to peer level, and he sees a viable path to implementing an El Salvador style bill to make bitcoin legal tender in Tonga.

    Lord Fusitu'a has been working with both Jack Mallers and El Salvadorian officials to take the best parts of that law and amend it to fit into Tonga's legal framework. Lord Fusitu'a believes that by embracing bitcoin, Tonga can become more competitive and wealthy compared to states that are slower to adopt the digital hard currency. He believes the Tongan people stand to benefit immediately just based on the remittances advantages that bitcoin offers. Lord Fusitu'a believes that these immediate advantages will turn into a culture of long-term saving on the islands.

    Learn more about Lord Fusitu'a and his work in Bitcoin by following him on Twitter @LordFusitua.

    submitted by /u/simplelifestyle
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    The official German Bitcoin delegation, had the honor and privilege to meet the El Salvadorian embassador in Berlin today.

    Posted: 06 Jul 2021 04:33 AM PDT

    Eric Adams, New York's "Bitcoin" Mayoral Candidate, Wins the Democratic Primary. Adams previously pledged to make New York City a Bitcoin Hub

    Posted: 06 Jul 2021 05:51 PM PDT

    Coinbase Card

    Posted: 06 Jul 2021 06:43 PM PDT

    Just transferred all my bills to be paid through my new Coinbase card.

    Meaning 1% of all my future purchases will turn into Bitcoin rewards :)

    Doing my part to eat up that 21 million supply ;)

    submitted by /u/volocom7
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    Remember that we are still very early in this halving cycle! At the same moment in the last cycle, Bitcoin started its journey to quadruple its value within 3 months. Best time to buy Bitcoin is always today!

    Posted: 06 Jul 2021 06:07 AM PDT

    I will buy at least 100$ of Bitcoin per month for the rest of my life. I believe it will be life changer.

    Posted: 06 Jul 2021 06:31 AM PDT

    I decided to do this for 3 reasons:

    1- Inflation

    2- Make more money to me and my family

    3 - 'Fight' against the current economical system

    6 months ago I bought bitcoin in a exchange and still hodling, where should I buy now? I created an account in blockchain.com , looks safe and trustable, what are your thoughts about this?

    submitted by /u/AdSuitable926
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    Bitcoin is a long-term huge success story and is here to stay

    Posted: 06 Jul 2021 11:53 PM PDT

    If you're new to Bitcoin, ignore the noise. Simply stack sats and HODL

    Posted: 06 Jul 2021 08:06 AM PDT

    Bitcoin Users Are Now Same as That of the Internet in 1997, According to a tweet from Documenting Bitcoin, the flagship crypto Bitcoin (BTC) current active users are roughly the same if compared to how the Internet did in 1997.

    Posted: 07 Jul 2021 01:03 AM PDT

    Nick Spanos: Bitcoin is an unstoppable machine and China cannot stop it

    Posted: 06 Jul 2021 03:30 PM PDT

    Bitcoin Miner Profitability Could Double After Record Drop in Network Difficulty

    Posted: 07 Jul 2021 12:38 AM PDT

    Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban

    Posted: 07 Jul 2021 12:36 AM PDT

    Adam Curry gets into the dirty monetary system and the ideas behind bitcoin on JRE podcast - 175th minute.

    Posted: 06 Jul 2021 07:08 PM PDT

    Internationally renowned Sotheby's to auction 101-Carat Diamond in Bitcoin

    Posted: 07 Jul 2021 02:41 AM PDT

    Survey: 82% of surveyed institutional investors expect to increase their exposure to cryptocurrencies in 2023

    Posted: 07 Jul 2021 02:21 AM PDT

    Nickel Digital Asset Management's research surveyed institutional investors and asset managers of wealthy institutions. 82% of institutional investors expect to increase their exposure to cryptocurrencies by 2023. In addition, 40% of respondents stated that they would substantially increase their cryptocurrency holdings, and less than 10% said they would reduce their cryptocurrency exposure.

    submitted by /u/Moustache_Group
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    Is CashApp a good platform to use?

    Posted: 06 Jul 2021 07:37 PM PDT

    What do you guys think about CashApp to buy/sell BTC?

    submitted by /u/NYCHAMGUY
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    $500 million dilemma: Who will pay to keep cash in circulation?

    Posted: 06 Jul 2021 11:00 PM PDT

    I feel like if I can accumulate 2 BTC over the next few years I will feel good enough to not feel the need to check in on the daily price.

    Posted: 06 Jul 2021 12:51 PM PDT

    Anyone else in the same boat, and have that satisfactory amount of BTC that you would feel comfortable acquiring so you don't have to check the price so often and just allow BTC to work its magic?

    submitted by /u/teenastyty
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    Tales from the Crypt: Citadel Dispatch e0.2.9 - bitcoin privacy and security with @craigraw and @ketominer

    Posted: 06 Jul 2021 09:16 PM PDT

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