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    Bitcoin Daily Discussion, August 13, 2021

    August 13, 2021

    Bitcoin Daily Discussion, August 13, 2021

    Daily Discussion, August 13, 2021

    Posted: 12 Aug 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.

    submitted by /u/rBitcoinMod
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    5 Years Ago Today, I gave my Niece $300 in Bitcoin for Being Born. Today, that same Bitcoin is Worth $16007 USD. Also at the time, some of you on r/bitcoin donated 0.22788 BTC to her wallet, which is now worth $10480. She's Still HODLing...THANK YOU!

    Posted: 12 Aug 2021 05:00 AM PDT

    Not a big fan of Cruz, but I’m glad he was able to articulate what we are all thinking with this statement:

    Posted: 12 Aug 2021 05:08 AM PDT

    Twitter CEO (Jack) casually mentions the idea of linking a Lightning wallet to every Twitter account

    Posted: 12 Aug 2021 01:28 PM PDT

    Argentina considers the use of cryptocurrencies. -12 August 2021- The President of the Nation, Alberto Fernández, said that the advancement of digital currencies is irreversible and that Argentina must evaluate how to insert itself into that ecosystem.

    Posted: 12 Aug 2021 06:58 PM PDT

    https://www.ambito.com/economia/criptomonedas/argentina-pone-consideracion-el-uso-n5248959

    The president of Argentina, Alberto Fernández , considered that it is "possible" that there is a legal tender cryptocurrency in the country , understanding that this instrument could "contain inflation."

    In an interview he gave to a local portal, the President said that the advancement of cryptocurrencies is "irreversible" , that it is necessary to give the debate and that Argentina must evaluate how to insert itself into that ecosystem.

    "You have to get used to it, take advantage of the good and regulate it in some way because it can lead to abuse," he stressed. In addition, he made a balance on the matter. Thus, while he stressed that "the advantage is that the inflationary effect would be nullified , " he said that it is a system that can be unsafe.

    "The discussion about the operation of cryptocurrencies is worldwide and I must confess that it is a matter of care, in my case, for the unknown. But there is no denying it, perhaps it is a good path." The president @alferdez with @juleiva in #CajaNegra of @filonewsOK . pic.twitter.com/tRCcnFA3pm

    • Alberto Fernández Prensa (@alferdezprensa) August 12, 2021 A day before, the president of the Central Bank of the Argentine Republic, Miguel Pesce, had expressed that cryptocurrencies "are not a financial asset", and guaranteed that the monetary authority will " regulate the intersection of Bitcoin with the payment system and the exchange market ".

    He also said that these are instruments "that end up having values ​​that are not referenced in any asset and lead to confusion for people with a lower level of information."

    Fernández joined the debate and assured: "There is a huge discussion about the operation of cryptocurrencies, not only in Argentina, it is a global debate. And I must confess that it is a matter of care. In my case, of care for the unknown and because you don't understand exactly how that fortune materializes. "

    "This doubt that I have many in the world have, for that reason the project does not finish expanding in the system", affirmed the Argentine Head of State.

    For Fernández, "they say that the advantage of this is that the inflationary effect is largely nullified. It is also true that insecurity is generated because there have been some scams with its use" and added that they should not refuse since "maybe it is a good way "

    The greatest advantage for us would have that sense, to somehow contain the inflationary, because it is a hard currency in some way , "he added.

    On the other hand, the Argentine President declared himself in favor of the development of the financial system.

    In that sense, he stressed: "For me, everything that has to do with bankarization seems to me to be correct and that everything that has to do with the State knowing, it seems to me to be correct. The problem is not that the State knows and that the information we have. The problem is how that information is used . "

    "For example, when we decided to remove the IFE , we suddenly discovered that there were 9 million Argentine men and women who we had no idea where they were . They do not have CUIT, they do not have CUIL, they did not have bank accounts," he emphasized.

    And he added that technology allows the State to obtain information from the population: "It helps me to know that Juan is having a bad time and needs the help of the State. And that Pedro is cheating us and is not paying the corresponding taxes."

    submitted by /u/simplelifestyle
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    Planning to visit El Salvador on September with my friend and spend Bitcoin to show support.

    Posted: 12 Aug 2021 02:59 PM PDT

    I am not a Salvadoran nor do I speak Spanish, but because of the country's acceptance of Bitcoin as legal tender I would like to visit and spend some Bitcoin to support the country and people. Normally, I do not spend my coins at all. This is purely for support towards the country and the people.

    submitted by /u/jackmartiros
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    Argentina Open to Adopting Bitcoin, Says President Alberto Fernandez

    Posted: 12 Aug 2021 05:38 PM PDT

    My wife made me a cake for my 47th birthday to celebrate our HODL

    Posted: 12 Aug 2021 07:22 AM PDT

    One Last Chance-Eshoo urges Pelosi to amend infrastructure bill's 'problematic' crypto regulation language

    Posted: 12 Aug 2021 08:35 PM PDT

    Just like the tulip mania in 1637! Perception change since 2017

    Posted: 13 Aug 2021 02:12 AM PDT

    Just like the tulip mania in 1637! Perception change since 2017

    Do you guys remember all of the talk and media focus on how Bitcoin "is a bubble" and how it is just like the tulip mania of 1637? It is funny how all of that talk is now gone in 2021 -- and it was nonsense to begin with (since obviously tulips are lacking all advantages / characteristics of bitcoin) but in almost all conversations I had at that time around bitcoin, the no-coiner would refer to the tulip mania of 1637. In this cycle the media reporting switched to regulatory focus, which is clearly an improvement in the sense that it is the acknowledgement that bitcoin is here to stay.

    ​

    Is it a bubble?

    submitted by /u/Golo_red
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    I am now accepting Bitcoin payments at my barber shop! This will be a regular thing more sooner than we think

    Posted: 12 Aug 2021 06:24 AM PDT

    Strike CEO on paying with Bitcoin and lowering transaction costs

    Posted: 12 Aug 2021 12:30 PM PDT

    Bitcoin price back above $46k amid the ‘return of retail Investors’

    Posted: 13 Aug 2021 01:05 AM PDT

    @Jack hinting to linking twitter account to Lightning wallet....

    Posted: 12 Aug 2021 11:59 AM PDT

    ICYMI: mining hashboards of the Antminer S17 have "In Math We Trust" written on them.

    Posted: 12 Aug 2021 09:13 AM PDT

    Bitcoin Gives You Wings

    Posted: 13 Aug 2021 12:52 AM PDT

    S2F, Gold & the Big Reset with Plan₿ & Willem Middelkoop — What Bitcoin Did

    Posted: 12 Aug 2021 11:56 PM PDT

    As a professional bartender, I let my guests pay with bitcoin~

    Posted: 12 Aug 2021 10:28 AM PDT

    I posted this in a comment a while back ago, but I think it's kind of... cool? And also important to hear for anyone working in the fiat world (especially food service workers), as they could maybe replicate the action or something similar.

    So I'm a bartender. Like, professionally. As in it's my main source of income to live, I do it 5 nights a week in a professional, semi-fancy restaurant. Note: This is a typical, fiat-only restaurant.

    I was chatting about crypto with a guest sitting at the bar who just happened to also be a bitcoiner, like me. So I did this thing... I offered to let him pay his bill in bitcoin.

    And he did.

    I got him to send me and equivalent amount to my wallet address (plus whatever tip he wanted, and he did tip well). And then I paid his tab for him myself.

    Perhaps there are even more ways to work BTC into today's world. Just letting you guys know that I'm out there, doing my part~ 💙

    submitted by /u/Punkrypted
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    Strike CEO Jack Mallers on The Bitcoin Network as a Payment Rail in El Salavdor & Beyond - 8/12/2021 YouTube 8min

    Posted: 12 Aug 2021 06:39 PM PDT

    Institutional Money Is Pouring Into The Crypto Market And Its Only Going To Grow

    Posted: 12 Aug 2021 02:21 PM PDT

    One of today's most influential thinkers in a fascinating conversation about Bitcoin.

    Posted: 12 Aug 2021 04:26 PM PDT

    Nancy Pelosi's 'Closest Friend in Congress' Asks Her To Amend the 'Problematic' Portion of the Infrastructure Bill Relating To Crypto...

    Posted: 12 Aug 2021 10:52 AM PDT

    $402 Billion Investment Fund Neuberger Berman Targets Bitcoin

    Posted: 12 Aug 2021 02:32 PM PDT

    Inside Cuba’s Bitcoin Revolution | Bitcoin Magazine

    Posted: 13 Aug 2021 02:51 AM PDT

    Bitcoin Maximalist Max Keiser Believes There Is No Top Price For Bitcoin!

    Posted: 12 Aug 2021 11:12 AM PDT
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