Bitcoin ⚡ Lightning Thursday! July 15, 2021: Explore the Lightning Network!⚡ |
- ⚡ Lightning Thursday! July 15, 2021: Explore the Lightning Network!⚡
- Daily Discussion, July 15, 2021
- BREAKING: Saquon Barkley has announced on The Best Business Show that he is taking 100% of his endorsement money in Bitcoin going forwar
- Bought a property this week thanks to Bitcoin
- Fed Chairman Suggests That Bitcoin Could Become Obsolete If U.S. Digital Currency Existed. (Gimme a break, how stupid do they think we are?)
- Eat. Sleep. Bitcoin. Repeat.
- Opinion: This sub is better when sentiment is bearish
- Hi guys. We are at the beginning of a mass-adoption bell curve for BTC on lightning. Together, this is what we can do to increase adoption...
- NotTheOnion: A 29yo Bitcoin billionaire named 'Bankman-Fried' said he may buy Goldman Sachs.
- Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network
- About to live in my car, what to do with Hardware Wallet & Keys?
- Saquon Barkley announced that, moving forward, he will take 100% of his marketing money in Bitcoin.
- The Currency of Currency - Directed by Spike Lee for Coin Cloud
- You are not a weirdo
- Why Stablecoins are Doomed to Fail and Michael Saylor is WRONG about BTC not becoming a transactional currency.
- Boss said he'd pay me in Bitcoin. NEED ADVICE
- Nodes on Bitcoin’s Lightning Network Double in 3 Months
- Bitcoin’s Layer Two Lightning Network Hits 1,800 Record Capacity
- Ok guys, I’m ready to jump the gun
- Phoenix Wallet has been released on the iOS AppStore!
- which is better Localbitcoins vs coinbaazar vs paxful vs localcryptos vs coincola
- Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network
- Bit Mining to raise $50M to fund out-of-China expansion
- Former Treasury Secretary Steve Mnuchin: 'It's Fine If People Want to Buy Bitcoin as Gold Replacement'
- Bitcoin is Hope for all.
- Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
| ⚡ Lightning Thursday! July 15, 2021: Explore the Lightning Network!⚡ Posted: 14 Jul 2021 11:04 PM PDT The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments. Here is the place to discuss and learn more about lightning! Ask your questions about lightning Provide reviews, feedback, comparisons of LN apps, services, websites etc Learn about new LN features, development, apps Link to good quality resources (articles, wikis etc) Resources:
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| Daily Discussion, July 15, 2021 Posted: 14 Jul 2021 10:01 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]  | ||
| Posted: 14 Jul 2021 10:03 AM PDT
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| Bought a property this week thanks to Bitcoin Posted: 14 Jul 2021 04:19 PM PDT 24 years old at the moment. Have been wanting to get into investments that can generate somewhat passive income for the last year and I found a condo in my area for around 60-70k. The goal is to rent it out for income I store a good amount of my Bitcoin and other cryptos with BlockFi to earn interest….they also offer the ability to get a loan through them. Instead of selling my Bitcoin to buy the property…I put my crypto up as collateral and got a cash loan equivalent (almost) wired straight into my account. Used that to buy the property! No banks involved at all In the process. Best part is after I pay off the loan (which I easily can right now) the collateralized crypto returns back to my account! So while I didn't buy this property with Bitcoin itself. Bitcoin did allow me to retrieve the cash equivalent of my loan through a crypto financial firm. Times are changing and Bitcoin really is the future, I feel bad for those not keeping up with the evolution of money. [link] [comments]  | ||
| Posted: 14 Jul 2021 04:34 PM PDT
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| Posted: 14 Jul 2021 10:32 AM PDT
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| Opinion: This sub is better when sentiment is bearish Posted: 14 Jul 2021 02:18 PM PDT Informational posts abound, technology discussions start rearing up again, FUDsters leave us in peace, posts tend not to reach r/all which saves us from the chaos factor. I guess bull markets have the ATH memes, but man, the quality of the average post drops like a rock. Since this post is shit, though, I guess it somewhat contradicts my original point 🤷♂️. I'm drunk. [link] [comments]  | ||
| Posted: 14 Jul 2021 06:46 PM PDT You want a BTC supercycle? This is how it gets started... In the off-chance that you haven't used lightning before, you need to start somewhere. So download Phoenix wallet. Right now the amount of BTC on lightning is more than enough to do your weekly shopping at any grocery store on the planet. This is a painfully simple call to action. If the exchange you use does not support lightning withdrawals / deposits, If you work in crypto and get paid in stablecoins, use them on the following exchanges to buy btc on lightning, as that is what I plan on doing very soon: Simple as that. EDIT reason: clarification in the bold paragraph. EDIT 2: To give you an idea of how early we are to lightning adoption, look at it this way - nearly 19 million bitcoin have been mined. There are over 1,800 bitcoin on the lightning network. over the last month over 350 were added - and I don't know if that growth is exponential, linear, or just a freak accident. Less than 0.01% of all btc in existence are on lightning now and if (hypothetically) you could go shopping for every day goods using lightning at supermarkets with lightning, there would be zero disruptions. Let that sink in. Use this as a visual: https://imgur.com/dfbjVCa [link] [comments]  | ||
| NotTheOnion: A 29yo Bitcoin billionaire named 'Bankman-Fried' said he may buy Goldman Sachs. Posted: 14 Jul 2021 06:20 AM PDT
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| Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network Posted: 15 Jul 2021 12:34 AM PDT
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| About to live in my car, what to do with Hardware Wallet & Keys? Posted: 14 Jul 2021 07:49 PM PDT Due to some misfortune I'm probably about to live in my car for a bit. I have some crypto assets that I don't want to sell on cold storage hardware wallets, plus the seed phrases written down. A lot of my other stuff is easy, I'm just going to sell almost everything and go minimalist, but what the heck do I do with my H/W wallets and written seeds? I don't really have someone I can leave them with or trust with it. I don't want to just leave them in a storage unit or a safety deposit box, but are those my only options? It's either trust an exchange, or trust a bank, but maybe I'm missing something? Unless I just keep them on me the whole time and hope I never misplace them or get robbed. Just seeing if anybody had some better ideas. I know the obvious answer is to sell my crypto assets and get a proper place to live, but I don't want to do that yet at this time. Thanks! [link] [comments]  | ||
| Saquon Barkley announced that, moving forward, he will take 100% of his marketing money in Bitcoin. Posted: 14 Jul 2021 12:10 PM PDT
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| The Currency of Currency - Directed by Spike Lee for Coin Cloud Posted: 14 Jul 2021 01:39 PM PDT
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| Posted: 15 Jul 2021 12:44 AM PDT Hello people, I barely have 2 friends to speak about bitcoin and its economical and socially impact on our society. Maybe you were in the situation before when you philosophized about Bitcoin`s potential and you earned looks like you are crazy, stupid or just a weirdo like someone is talking about flat earth. I will be happy when I encounter the first real Bitcoiner in real life but for now reddit is a good place too. :) [link] [comments]  | ||
| Posted: 14 Jul 2021 10:34 PM PDT You may have heard Michael Saylor (and many altcoiners) talk recently about how Bitcoin is stuck as digital gold, because it's not a good transactional currency. Saylor even went so far to say in an interview a day or two back that Stablecoins, specifically, will fill that niche. Anyone who was around in the early days of bitcoin or has read cyphperpunk history can easily tell you what the government used to do to anyone or any company that tried to compete with the dollar. Stablecoins are run by centralized parties like companies and governments are never going to let them compete with their money when they can just tell the centralized party to stop. US congressmen went nuts a year or two back when Facebook announced Libra, and held a grand congressional inquiry just on the plans, stopping his original approach. They'll continue to stop future approaches too as long as he tries to make a coin that competes with the dollar in any way. But even if you think there is some loophole, there's another, more important reason why bitcoin will in fact destroy any other coin, stable or not, that tries to be a medium of exchange. In short, the best money that everyone desires is the hardest money. The hardest money is the one with the best store of value features. Gold proved this for millennia. Saylor fails to remember that gold was the most used medium of exchange for most of the last 5000 years! When your hard property takes on the characteristics of a currency, (being portable, scarce, fungible, easily identified, hard to counterfeit, durable, etc) then it's called "Hard" money. That's a good thing. It's the money that you hold onto more than other money. It's the most desirable money. Goldbugs and Austrian economics have long sung the praises of hard money. Separating hard money from transactional money has only been done because of government decree. (Fiat) Transactional money on it's own simply cannot compete with hard money on an open marketplace. Stablecoins will never be able to compete with bitcoin because they aren't desirable to hold on to. People will never trust them to store value over time, so why hold them at all? Why BOTHER to hold two types of money when you trust one and not the other? It's an unneeded hassle. I give this stablecoin fad another 4-8 years tops. After that, all you can depend on in this world is your bitcoin. The lightning network will be more than capable by then to make it more useful as a transactional currency than any other money on earth. Now the question is: Is Saylor wrong on purpose to avoid some kind of government backlash against bitcoin? [link] [comments]  | ||
| Boss said he'd pay me in Bitcoin. NEED ADVICE Posted: 14 Jul 2021 08:26 PM PDT TLDR: Dad will pay me in Bitcoin if he doesn't have to worry about cap gains tax. My dad agreed to pay me for my labor on the family farm in bitcoin. He is super hesitant about bitcoin, but respects my conviction in this as long as I do all the set up and he doesn't have to worry about anything. The plan is to buy 3 months worth of wages at today's prices to then set my hourly wage in sats based off of that. I live in the US and want to avoid him getting hit with capital gains taxes on this if the price goes up. Is there a way to do this? Thanks! [link] [comments]  | ||
| Nodes on Bitcoin’s Lightning Network Double in 3 Months Posted: 14 Jul 2021 04:49 PM PDT
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| Bitcoin’s Layer Two Lightning Network Hits 1,800 Record Capacity Posted: 14 Jul 2021 10:05 PM PDT Bitcoin's Lightning Network, layer-2 payment Solution for Bitcoin records 70% increase in capacity in six months according to data from Arcane Research. This research Data shows that the Lightning Network increased its capacity from 1,100 to 1,200 BTC in 39 days. And then from 1,200 to 1,300, in 34 days. Bitcoin's Lightning Network currently has a capacity of around 1,800 BTC. Within 5 days it increased from 1,700 BTC to its current levels. [link] [comments]  | ||
| Ok guys, I’m ready to jump the gun Posted: 15 Jul 2021 02:15 AM PDT Hello all, Anyone has a comprehensive guide to get started with the lightning network ? I mean targeted towards people with a rather low understanding of the technicals of bitcoin ! Thank you all, [link] [comments]  | ||
| Phoenix Wallet has been released on the iOS AppStore! Posted: 14 Jul 2021 11:55 AM PDT
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| which is better Localbitcoins vs coinbaazar vs paxful vs localcryptos vs coincola Posted: 15 Jul 2021 03:39 AM PDT
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| Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network Posted: 15 Jul 2021 04:50 AM PDT
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| Bit Mining to raise $50M to fund out-of-China expansion Posted: 15 Jul 2021 02:03 AM PDT
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| Posted: 14 Jul 2021 06:21 AM PDT
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| Posted: 14 Jul 2021 06:02 PM PDT I feel those who attack Bitcoin, maybe don't realize that Bitcoin represents hope for so many people. [link] [comments]  | ||
| Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear Posted: 14 Jul 2021 09:27 PM PDT |
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