• Breaking News

    Friday, July 16, 2021

    Home Unlabelled Bitcoin Mastering Lightning with Andreas M. Antonopoulos & René Pickhardt

    Bitcoin Mastering Lightning with Andreas M. Antonopoulos & René Pickhardt

    July 16, 2021

    Bitcoin Mastering Lightning with Andreas M. Antonopoulos & René Pickhardt

    Mastering Lightning with Andreas M. Antonopoulos & René Pickhardt

    Posted: 13 Jul 2021 09:49 AM PDT

    Daily Discussion, July 16, 2021

    Posted: 15 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
    [link] [comments]

    This is Pro-Bitcoin Candidate Aarika Rhodes. She is Running Against Exposed Congressman Rep Brad Sherman Who's Trying to ‘Shut Down’ Crypto & Gets His Biggest Donations From Big Banks. He's Up for Re-election Next Year in 2022, & Rhodes is running against him in the Primary. Let's replace him w/ her

    Posted: 15 Jul 2021 04:41 PM PDT

    Jack Dorsey Announces New Company Aimed at Decentralized Finance on Bitcoin

    Posted: 15 Jul 2021 02:15 PM PDT

    Mayor Scott: Why do we accept inflation? Why don’t we demand more from our federal government? 6.3% in 2 years. 172.8% in my lifetime. Every year our dollar is worth less. There is no rebound. There is only 1 fix for this.. #Bitcoin

    Posted: 16 Jul 2021 03:29 AM PDT

    jack on Twitter "Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD."

    Posted: 15 Jul 2021 02:18 PM PDT

    United States citizens can no longer short Bitcoin or participate in leveraged digital asset transactions unless they're filthy rich!

    Posted: 15 Jul 2021 04:39 PM PDT

    On June 23, 2021, the Commodity Exchange Act (CEA) went into effect in the United States. The CEA set new guidelines for retail investors (people like you and me) to trade crypto with margin. For individuals or retail investors, to be eligible to trade crypto with margin, you must be certified as an Eligible Contract Participant (ECP). A retail investor must have $10 million in assets to be certified as an ECP.

    You can view the requirements here.

    https://content.next.westlaw.com/7-521-8340?__lrTS=20201013065041926&transitionType=Default&contextData=(sc.Default)&firstPage=true&firstPage=true)

    Additionally, you can view Kraken's new blog about leveraged digital asset transactions here.

    https://blog.kraken.com/post/9514/new-requirements-for-u-s-and-starter-tier-clients-to-qualify-for-margin-trading/

    So what does this mean for regular US citizens like you and me? For starters, it means that US citizens can no longer short sell bitcoin. You might ask, "Can't we just short bitcoin without leverage?" well no, you can't! It is impossible to short any assets without leverage since the nature of shorting involves borrowing a security, then selling it on the open market. We are once again being suppressed by the government. The US government saw that normal people were getting rich, bringing themselves out of poverty, and they decided to stop it. I have been leverage trading bitcoin for about 5 years now and I have made a good life for myself. I was able to pay off my student loans and pay off my car leveraging bitcoin in my spare time and I have always paid Uncle Sam my fair share of taxes when I profit.

    Look, I am all for government regulation in crypto. I think that in order for Bitcoin to get mainstream adoption, there needs to be more government regulation. However, with this new definition of an ECP the US government is only looking after corporate America and all of their wealthy friends, not its citizens. So now if I want to short bitcoin or trade with leverage, I have to renounce my citizenship and move to another country. And obviously, I know that I can use a VPN, but the prison system in America is one of the worst in the world, and it's not worth the risk if you ask me.

    ​

    .... I think it is kind of funny that the US government is always saying that Bitcoin is only used by criminals and for money laundering. Well now by leverage trading any digital asset you are now considered a criminal... unless you are filthy rich, then you're fine.

    submitted by /u/No_Examination_2681
    [link] [comments]

    Humanity is being tested once again to see if it has the brains to drive itself forward or if it still needs masters. If you value your freedom, you should stay away from CBDCs.

    Posted: 15 Jul 2021 06:58 AM PDT

    There already is a digital dollar/euro/whatever, the one that you have in your bank account when you pay with your credit card, so why would you need another one with the same crisis entangled, human controlled value properties like the older ones based on imaginary human formulas and changeable at will?

    EDIT: It was not enough that they flooded the market with 24-26% of all the cash in existence in the past year and a half, now they want to add the CBDC to the mix to flood it some more. Are you all seeing this??

    submitted by /u/I_TheAndOnly
    [link] [comments]

    Michael Saylor Says He's Not Forced to Sell MicroStrategy's Bitcoins No Matter What

    Posted: 15 Jul 2021 02:01 PM PDT

    You Know You're A Bitcoin Believer When...

    Posted: 15 Jul 2021 08:01 AM PDT

    300k, 30k or 3k makes no difference.

    Plan B, C or D will all work out eventually.

    You've stacked until you can't and now its just hodling.

    You recognize Elon Musk as just another talking monkey.

    You didn't need to photoshop Laser Eyes, your momma gave them to you.

    You realize that "early" doesn't even begin to describe where we are right now.

    You don't need to listen to podcast talking monkeys anymore, because you know it already.

    You feel sorry for shitcoiners and try and help them understand that bitcoin someday rules the world!

    submitted by /u/TerribleD
    [link] [comments]

    Bank of England ‘addicted’ to creating money, say peers | Bank of England

    Posted: 16 Jul 2021 12:28 AM PDT

    I got into a dead end in a Bitcoin debate

    Posted: 15 Jul 2021 07:20 AM PDT

    I was talking with a friend about Bitcoin being awesome and stuff. And then he said that it being manipulated and controlled by whales. And I didn't really have any good counter argument. I know it's being manipulated so what is stopping the whales from not letting the market dicide what Bitcoin is worth?

    submitted by /u/Apprehensive-Sale228
    [link] [comments]

    PEPE vs. PETER SCHIFF (Bitcoin VS. Gold) #Bitcoin

    Posted: 15 Jul 2021 04:21 PM PDT

    My mom was talking about bitcoin and iam from El Salvador

    Posted: 15 Jul 2021 06:36 PM PDT

    I was in a family dinner and my mom was talking about bitcoin 1st time I ever heard her mention that. Anyways she was talking about her mom being scared because she thinks it's going t take over the world. It's crazy how someone cns know something that possibly change their life and on the contrary they think it's going to kill them

    submitted by /u/Moneyteam1200
    [link] [comments]

    Miners crushed by bulldozer (NSFW)

    Posted: 16 Jul 2021 03:01 AM PDT

    Newbie here, is Coinbase legit?

    Posted: 16 Jul 2021 04:16 AM PDT

    I want to support the cause and get some Bitcoin to spend in the local economy, but when I Googled how to do it Coinbase came up as a great tool then I read mixed reviews about people losing money and customer service being a pain in the ass.

    I just want to spend some Bitcoin, how should I get some and how do I spend it? Thanks

    submitted by /u/bs-n-ff
    [link] [comments]

    Living in El Salvador for Bitcoin Libertarians

    Posted: 15 Jul 2021 11:33 PM PDT

    Hello everyone.

    I've been in bitcoin since 2013 and I'm accumulating all the time. I am a libertarian. I am raised in the works of Mises, Rothbard, and other members of the Austrian School of Economics. My question is as follows.

    Does it make sense at the moment to emigrate to El Salvador and invest your bitcoins in local infrastructure development? I am a network engineer and unix / linux administrator. I have always dreamed of having my own ISP company, preferably in combination with a cryptocurrency mine.

    I currently live in Europe and in relation to Agenda2030 it is very difficult for a person with views of freedom to live here. Not economically but I feel that this is no longer my place on earth.

    Is El Salvador a good place to live for a person like me? What do i need:

    - Little bureaucracy

    - Low taxes

    - Relatively good health care

    - Safety for living and running a business.

    I am asking especially about security for a foreigner, because on the Internet you can read that El Salvador is one of the least safe countries in the world and I would like to verify it somehow. Post written using google translate, so sorry for mistakes.

    submitted by /u/Howard_Roark_Hagbard
    [link] [comments]

    35% of Australians Believes Bitcoin Will Be Transacted More Than Fiat

    Posted: 15 Jul 2021 07:59 AM PDT

    Comparison platform Finder conducted a crypocurrency survey with 1,012 Australians and the released result showed 35% believe that Bitcoin will eventually be transacted more widely than traditional money, fiat. About 17% of Aussies already owns cryptocurrency and a reasonable number acknowledges trading in mobile app. Major percentage of that survey shows much faith in bitcoin playing a significant role in the future of currency.

    submitted by /u/Zalkifl_Savage
    [link] [comments]

    I live off of Bitcoin, and I still don't understand how it works

    Posted: 15 Jul 2021 08:39 AM PDT

    Hello, I'm not used to this site so forgive if I get something wrong. But I did read the rules.
    I'm not an "internet guy", my son showed me Reddit some time ago. I didn't give much attention to it, it's not my kind of thing. Today I opened it again and found out there is a community here about Bitcoin.

    My story is that I "bought" it when it was cheap in 2013. I was selling my car to a friend of mine, he didn't have all the money to buy it, just a part of it. He asked me to split the amount in installments. I declined, I don't like installments. Then he asked if he could pay for the rest of the value with his Bitcoins.

    He explained for a long time what it was, and why it worked like money. At first, I didn't like the idea. But I wasn't needing all the money at that time, and he said he could buy it back. So we did it.

    He teached me to use it though I didn't really used it for a long time. It was just sitting there. Of course I heard the news that it was getting value. This same friend told me to buy a physical wallet to hold it. He said it was more safe, and I agree. I also like to have something that is not just in my computer.

    In the last years, I retired earlier. Every month I sell some of my Bitcoins to this same friend. Not any insane amount, just what I need for my family expenses etc. And sometimes some more when I need to buy something new.

    I don't live a live of luxuries. I have a good house, a good car. I pay for my children college and school and we do some family travels together. And I guaranteed they have a house to live. That's enough for me

    That's it, I'm not in any Bitcoin related community or discussion. I don't know how it works. My friend tried to explain me a lot of times. I know enough about it to use all these years. I know how to send, how to receive and I have my pass phrase in a paper well hidden.

    I read about how you guys buy and sell it all the time. I'm not any specialist and I might be wrong. But maybe you just need a little more patience. It took a long time for my Bitcoins to be worth something.

    Excuse me if I don't reply you. As I said, I don't really use Reddit
    Also excuse me if I made any grammatical errors, english is not my first language and I don't live in an english speaking country.

    submitted by /u/atomthe7
    [link] [comments]

    Microstrategy CEO Michael Saylor: “Bitcoin Is Big Tech Network Without Company”

    Posted: 15 Jul 2021 11:28 PM PDT

    People often say Bitcoin has no intrinsic value. I think the value of Bitcoin is in its utility. Then people say there is no utility in Bitcoin. Can you guys tell me if my assumptions/perspectives below is correct?

    Posted: 16 Jul 2021 01:42 AM PDT

    1) it is the first digital limited divisible asset in human history. The significance of this cannot be overstated.

    2) Bitcoin makes it so much easier for me to transfer funds across the planet so fast and so cheap that the balls of banksters are trembling in their girlfriend's panties.

    3) nobody can unilaterally change the rules of Bitcoin unlike central banks can with their fiat.

    4) I can take my funds across different geographies either by storing the recovery phrase in my brain or leave it in my phone. This is a problem for people with a lot of money. If you don't have a lot of money this is not a problem for you.

    5) instead of buying fine art, collectible wines, real estate, gold, or anything physical, I now also have an asset class that is purely digital as an option to store my wealth.

    Would appreciate additional thoughts/perspectives. Thank you.

    submitted by /u/FutureNotBleak
    [link] [comments]

    Life of a Hodler

    Posted: 15 Jul 2021 05:24 PM PDT

    Going down the Bitcoin rabbit hole will have you questioning everything and leave you yearning for more knowledge. I love it!

    submitted by /u/Jephthah99
    [link] [comments]

    Bitcoin is Unstoppable Money !

    Posted: 16 Jul 2021 01:55 AM PDT

    Bitcoin has a 99.98% uptime

    Higher than Google, Higher than Amazon, Higher than Facebook, Higher than the US Government,

    Good luck trying to stop it.

    submitted by /u/Zalkifl_Savage
    [link] [comments]

    Scott Conger, Jackson Mayor Plans To Accept Bitcoin For Tax Payments And Consider BTC As Fix For Inflation

    Posted: 16 Jul 2021 12:22 AM PDT

    Michael Saylor Says Cracking Down on Bitcoin Mining Was a Trillion-Dollar Mistake for China (2-minute audio clip)

    Posted: 16 Jul 2021 04:05 AM PDT

    Poland And Romania Rank In Top 10 For Number Of Bitcoin ATMs, World's Total Exceeds 23,000.

    Posted: 15 Jul 2021 10:25 PM PDT
    Read more
    at

    No comments:

    Post a Comment