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    Bitcoin This Month in Bitcoin Privacy (newsletter focused on bitcoin topics related to privacy) - June

    Bitcoin This Month in Bitcoin Privacy (newsletter focused on bitcoin topics related to privacy) - June


    This Month in Bitcoin Privacy (newsletter focused on bitcoin topics related to privacy) - June

    Posted: 06 Jul 2021 04:21 AM PDT

    Daily Discussion, July 09, 2021

    Posted: 08 Jul 2021 10:08 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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    Twitter And Square CEO Jack Dorsey Confirms Square Is Building a Bitcoin Hard Wallet

    Posted: 08 Jul 2021 10:22 PM PDT

    For the past 30 days bitcoin has been down in price, but the lightning network added 352 more BTC in capacity. This is increasing adoption.

    Posted: 09 Jul 2021 12:01 AM PDT

    Does anyone else have any more interesting stats to throw our way with regards to lightning?

    submitted by /u/sgtslaughterTV
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    The oldest renewable energy facility in the world that's still running managed to avoid being dismantled and became profitable again thanks to Bitcoin mining

    Posted: 08 Jul 2021 07:17 AM PDT

    Square plans to make Bitcoin Wallet Hardware. Finally Damn it!

    Posted: 08 Jul 2021 08:24 PM PDT

    CNBC - The upside to inflation: rising wages �� This must be a joke right?!? ��

    Posted: 08 Jul 2021 12:17 PM PDT

    I am 20 years old and I have almost no money, but I have finally been able to collect my first 0.1 BTC

    Posted: 09 Jul 2021 03:12 AM PDT

    I've been working hard for months and restricting pleasures for this. I am young with very little experience in life and I cannot gather much more than this, but I believe in the potential of Bitcoin to build a better world and I am glad I got a small fraction of Bitcoin. I have the ledger buried and the seeds divided on metal plates and buried elsewhere. I hope I never need it and be part of the greatest human revolution. Hayek would be proud of us, let's move on!

    submitted by /u/TercioEuropeo
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    Satoshi needed no ICO, no premine, made no money from Bitcoin. The greatest act of superhuman altruism

    Posted: 09 Jul 2021 02:52 AM PDT

    Proof Bitcoin is a kick ass store of value

    Posted: 08 Jul 2021 10:39 PM PDT

    Want proof that bitcoin is a deflationary, kick ass store of value? Just look at its buying power since 2010:

    May 2010: 10,000 btc bought 2 Papa John's pizzas delivered (worth ~$35)

    May 2015: the same 10,000 btc could buy $2.3m worth of land and/or real estate

    May 2020: the same 10,000 btc could buy 120 Gulfstream II jets (worth ~$94.6m)

    Can a black swan fly out of nowhere and destroy bitcoin? Sure. But I'm happy to take that bet and continue stacking (and hodling) through 2025 and beyond. Because there is probably no better store of value on this planet.

    submitted by /u/CreativeBoredom
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    Visa is partnering with over 50 crypto companies to allow clients to spend and convert digital currencies

    Posted: 08 Jul 2021 11:00 AM PDT

    Visa on Wednesday announced that it is partnering with over 50 cryptocurrency companies including FTX and Coinbase to allow clients to spend and convert digital currencies through its card program.

    The partnership will make it easy for clients to convert and spend digital currencies at 70 million merchants worldwide, even those that do not accept digital assets.

    "The merchants don't have to change anything," Cuy Sheffield, Visa's head of cryptocurrency, told Insider. "It will be the same as any other Visa transaction to them. But on the backend, the crypto assets are instantly converted into fiat."

    https://markets.businessinsider.com/currencies/news/cryptocurreny-payments-visa-partnership-clients-spend-convert-digital-currencies-2021-7

    submitted by /u/BitcoinWide
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    Bitcoin to skyrocket 100 times the price of gold, says Bloomberg’s top analyst – .

    Posted: 08 Jul 2021 09:58 PM PDT

    The Bitcoin Rich will buy out almost every major company & politician against Bitcoin & force them to integrate Bitcoin, just as the last internet rich people bought out & forced most every smart phone, computer, & website to integrate Facebook & Google into them

    Posted: 08 Jul 2021 10:52 AM PDT

    The big realization with Bitcoin is that it is where most of the concentration of money has gone in the last 12 years, and it is only continuing to flow into it at larger and larger scales, making the richest class of people in the world who are all supporting one thing: Bitcoin

    Our capitalist society is essentially a giant game of monopoly, and those Bitcoin rich assholes know this, so now that they have and are acquiring most of the concentration of money out of any other player on the board, they are buying the other players out, and they're only going to continue to buy out every company against bitcoin, every politician against it, all to make them accept, and integrate bitcoin into their businesses, networks, and legislations. Just like like the last rich assholes before them made the world integrate Facebook & Google into every smart phone. There's no stopping it at this point.

    Someone builds a quantum computer to try & hack Bitcoin? Those rich assholes will already have a thousand quantum computers protecting the bitcoin network by then; just like Jeff Bezos, or any other billionaire does today, those rich assholes will buy out their enemies.

    Ever wonder why Visa card, PayPal, JP morgan chase, Goldman Sachs, etc, are now all pro bitcoin after being so negative about it only a few years ago? It's because the rich assholes in Bitcoin combined already bought out a majority share of their companies stocks, giving us the voting power to vote them into integrating Bitcoin into their companies.

    They're buying up all the shares of the money companies first, anyone paying attention can see it.

    Everything else will be easy to buy majority share control over after owning the financial transmission companies.

    One day, those Bitcoin rich assholes will likely own a majority share of Google, Amazon, every major bank, and every major company in the world. And idk if you guys know how the federal reserve works, but its shares are owned by every major charter bank in the US, so once Bitcoin rich assholes own a majority share of every major bank as they're buying up now, then they will eventually literally own the federal reserve.

    But the moral of the story is that it's too late to stop this train. You can either join the rich assholes & hop onto the internet 2.0 of financial energy storage & transmission, or you can be left behind, just like all the Ma and Pa shops that were left behind and destroyed by the rich assholes of the last internet 1.0 of data information storage and transmission. Ma and Pa shops who they choked out by using the internet to take their customers, and then bought out for pennies on the dollar after their websites choked them out financially and left them in debt and ruin, just like crypto exchanges have been choking out the banks and investment firms for the last 12 years by attracting their customers to Bitcoin exchanges, just as the first internet did with Ma and Pa shop's customers.

    History is repeating itself, and I can't imagine that anything else in our life will ever be as big an opportunity as something like this, & so early into its adoption too

    -A Fellow Bitcoin Rich Asshole Buying Out Your Neighborhood One Property and Corporation At a Time.

    submitted by /u/Bitcoin_Is_Hope
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    Bitcoin all in strategy?

    Posted: 08 Jul 2021 08:02 PM PDT

    So, if BTC is the end-all-be-all, why diversify? I mean, everything pretty much follows Btc anyways, right? I mean, if I had 35k rn I'd just buy one full btc and not play the alt game. Am I wrong?

    submitted by /u/RemyTheWhippet
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    Bitcoin is Becoming a Decentralized Reserve and Store of Value Asset

    Posted: 09 Jul 2021 12:23 AM PDT

    In the Bloomberg's monthly Crypto Outlook Report, the July edition, the team pointed out that Bitcoin is moving accordingly in order to attain the position of a "globally accepted decentralized reserve and store-of-value asset that's easy to transport and transact, has 24/7 price discovery and relative scarcity, and is nobody's liability or project." The report shows that there is more advantage holding Bitcoin than no exposure at all.

    submitted by /u/Zalkifl_Savage
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    The Mempool is empty!

    Posted: 08 Jul 2021 04:04 PM PDT

    The mempool is currently sitting at less than 1MB, which is the lowest I've seen in quite some time. A lot of blocks are being mined that are nearly empty which is quite the contrast to 2-3 months ago.

    For the uninformed, this means transactions are as cheap as they can be so it's an ideal time to move ₿ around or open up some Lightning channels. Transactions with fees of 1 sat/vb are clearing quickly. Have fun!

    submitted by /u/Incendiary_Lemons
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    Wasabi Wallet 2.0 In The Finish Line - Introduction & Demo By The Lead Developers

    Posted: 09 Jul 2021 03:16 AM PDT

    Bitcoin resurgence in next six months could be massive, says intelligence report

    Posted: 09 Jul 2021 01:49 AM PDT

    Apple Co-Founder, Steve Wozniak: "Bitcoin Is The Most Amazing Mathematical Miracle"

    Posted: 09 Jul 2021 03:56 AM PDT

    Gryphon Mining Buys 7,200 Bitcoin Mining Rigs For $48 Million

    Posted: 08 Jul 2021 01:19 PM PDT

    bolt12.org: Lightning's Native Experience, Everywhere

    Posted: 08 Jul 2021 03:15 PM PDT

    Oak Lawn Children's Museum Now Accepting Cryptocurrency Donations

    Posted: 09 Jul 2021 02:15 AM PDT

    The Children's Museum in Oak Lawn is now accepting cryptocurrency as donations, becoming the first children's museum in the country to accept such donations.

    "We learned a lot from being closed most of 2020," the museum's executive director Adam Woodworth said in a news release. "The one thing we learned is that people want to support the museum through donations and volunteering; and we need to be able to meet those supporters where they are."

    A cryptocurrency, or crypto, is a digital currency that can be used to buy goods and services, but is secured but uses an online ledger with strong cryptography that makes it nearly impossible to counterfeit or double-spend. The most popular form of cryptocurrency is Bitcoin.

    https://patch.com/illinois/oaklawn/oak-lawn-children-s-museum-now-accepting-cryptocurrency-donations

    submitted by /u/BitcoinWide
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    Max Keiser

    Posted: 08 Jul 2021 07:13 PM PDT

    Upvote if you believe Max Keiser is right about Bitcoin going to $220,000 by end of 2021.

    submitted by /u/trailrunner43
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    The Break Club | You might have missed this amusement center accepting cryptocurrency in Buenos Aires, Argentina

    Posted: 09 Jul 2021 02:00 AM PDT

    Lightning is bitcoin, only more so.

    Posted: 08 Jul 2021 11:39 PM PDT

    Be it resolved: Lightning is really what made El Salvador's adoption of bitcoin possible.

    Be it resolved: LSPs and liquidity auctions will outperform neobanks in the medium/long term.

    Discuss: https://bitcoinmagazine.com/culture/scaling-lighting-el-zonte

    submitted by /u/SignValue
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    Early Adopters who bought <$50, what did that feel like?? What did you spend early earnings on??

    Posted: 08 Jul 2021 08:43 PM PDT

    I'm mostly curious about early adopters who bought BTC for cheap when they were young, like high school / college age. What did you think of BTC back then? What was it like to make thousands off those early price swings? What did you spend your earnings on?? Let's hear some stories! :)

    submitted by /u/SnooSuggestions6336
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