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    Bitcoin Daily Discussion, August 20, 2021

    August 20, 2021

    Bitcoin Daily Discussion, August 20, 2021

    Daily Discussion, August 20, 2021

    Posted: 19 Aug 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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    OnlyFans is banning porn on their platform due to pressure from payment processors and banks- (This is ANOTHER reason we need crypto)

    Posted: 19 Aug 2021 12:46 PM PDT

    A company that is built on porn is totally changing its own business model because banks and payment processors are forcing them to. If crypto was just a little more mainstream this would not be able to happen. We are still so goddamn early. Change is coming.

    submitted by /u/gourmet_hot_dog
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    Blackrock invests ~$380 Million in Bitcoin Miners.

    Posted: 19 Aug 2021 03:39 PM PDT

    Blackrock, the world's largest asset manager with $9 trillion in assets, has taken significant stakes in two Bitcoin miners—$382,962,003.08 million. 6.71% in Marathon and 6.61% in Riot Blockchain.

    https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738

    submitted by /u/maniparusu
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    Satoshi HODLing BTC right now

    Posted: 19 Aug 2021 04:21 AM PDT

    One of These Days We're Gonna Get a Couple of 10-20% Up Days in a Row. Then Boom Shakalaka!

    Posted: 19 Aug 2021 06:41 PM PDT

    Itsa comin' homies!

    New all time highs and Happy Hodlers.

    Just watch. You'll see.

    I ain't smokin' hopium. I've been here before and I can feel it!

    submitted by /u/TerribleD
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    Major banks sued by families of soldiers killed in Afghanistan for knowingly laundering millions of dollars to the Taliban and helping them take over the country...but bitcoin funds terrorists!

    Posted: 19 Aug 2021 03:55 PM PDT

    Across the world, a massive amount of natural gas is vented into the atmosphere as it has no where else to go. Portable Bitcoin mining farms are now taking that gas and recycling it into network security. Cyberpunk vibes.

    Posted: 19 Aug 2021 10:15 AM PDT

    Vietnam is number 1 for #Bitcoin adoption �� Followed by India, Pakistan, Ukraine’s and Kenya. But yeah, #Bitcoin is all about rich tech bros… ��

    Posted: 19 Aug 2021 05:28 AM PDT

    BlackRock Joins Fidelity And Vanguard As A Bitcoin Mining Investor

    Posted: 19 Aug 2021 04:58 PM PDT

    Worldline, Bitcoin Suisse Partner To Enable Merchants To Accept Bitcoin In Switzerland - some more adoption.

    Posted: 20 Aug 2021 12:49 AM PDT

    Blackrock invests $384 million in Bitcoin Mining Firms

    Posted: 19 Aug 2021 11:14 PM PDT

    Truth

    Posted: 20 Aug 2021 02:44 AM PDT

    U.S. mortgage lender will accept payment in bitcoin

    Posted: 19 Aug 2021 09:50 PM PDT

    Snowden coming in HOT

    Posted: 19 Aug 2021 03:39 PM PDT

    Be sure to thank your significant other if they support you even though they don't get Bitcoin.

    Posted: 19 Aug 2021 09:17 AM PDT

    I've been working on my wife for 10 months now, and while she probably 30% understands Bitcoin she has 100% trusted and supported me. This doesn't go unnoticed. Nothing says "I love you" more than her letting me spend large chucks of money on magical internet money. Be sure to share the credit with them.

    submitted by /u/NiMiHa
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    Mildly interesting: Every single predefined Coinmarketcap time span is currently in the green

    Posted: 20 Aug 2021 12:57 AM PDT

    Remember back in 2017/2018 all the shitcoiners said Lightning would never work?

    Posted: 19 Aug 2021 02:27 PM PDT

    A new lightning faucet for the newcomers! Already distributed to 4000+ users.

    Posted: 19 Aug 2021 11:57 AM PDT

    TLDR: Our new lightning faucet (https://LightningNetworkStores.com/faucet) is an open and smart faucet that always gives away at least one satoshi (250 sats at the time of this post). No action is required in return. People can donate to it anonymously or get featured. The goal is to introduce new people to the lightning network and grow it to one million users.

    You might have heard about LightningNetworkStores.com before, we have been tracking merchant adoption of the bitcoin lightning network (LN) since February 2018. About one month ago we launched an LN faucet that pays with LNURL-withdraw (avoiding copy/pasting an invoice). The user experience should be quite friendly: just click a button and get satoshis.

    The amount that can be claimed has varied between 300 sats and 45 sats and it is the balance between how fast users and the faucet are receiving satoshis. Money goes into the faucet from mainly two sources: part of the revenue from the website and donations to the faucet. When users donate to the faucet they can choose how fast their donation will be distributed and whether they want to be anonymous or not. If the user is not anonymous he will be featured along other donors according to how much he is donating per new faucet claim (sats/claim). Donors can donate multiple times and their donations will be aggregated. There is a third source of money for the faucet, hCaptcha, but this has been negligible so far.

    You can see usage statistics of the faucet here. The data there excludes some behavior flagged as abusive and might be subject to tweaks. We won't go into details on how we prevent abuse, but if you are curious feel free to message us or take a look at our github repository to get an idea.

    Why did we build a faucet now? In our case, it can generate better traffic than social media adverts whose crypto policies are very uncertain. This ends up being simpler in the long term. Additionally, there is no continuously running bitcoin faucet that we know of, but since we have LN it's possible to have one. Most people are being introduced to LN with custodial wallets like Wallet of Satoshi and Bluewallet which require no setup. Having an open faucet where you can always get a few sats was the missing piece for a good UX when getting started with LN.

    Enjoy!

    PS: http://stacking-sats.com has a list of places that help you stack sats.

    submitted by /u/johnturtle
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    Vladimir Putin Asks Cabinet to Design a System to Declare Crypto Holdings

    Posted: 19 Aug 2021 09:56 PM PDT

    JoinMarket v0.9.1: Bugfix release for timelocked utxos and other fidelity bond updates

    Posted: 19 Aug 2021 11:39 PM PDT

    Buy your house with bitcoin!

    Posted: 19 Aug 2021 06:21 PM PDT

    Coinbase to Add Over $500M in Crypto to Current Holdings

    Posted: 20 Aug 2021 12:41 AM PDT

    Mandatory KYC for ALL services @Binance

    Posted: 20 Aug 2021 01:10 AM PDT

    BlackRock Joins Fidelity And Vanguard As A Bitcoin Mining Investor. Blackrock, the world’s largest asset manager with $9 trillion in assets, has taken significant stakes in two Bitcoin miners—$382,962,003.08 million. 6.71% in Marathon and 6.61% in Riot Blockchain.

    Posted: 19 Aug 2021 06:39 PM PDT

    Dorian Nakamoto

    Posted: 19 Aug 2021 10:13 PM PDT
    Read more
    at

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