Bitcoin Daily Discussion, August 28, 2021 |
- Daily Discussion, August 28, 2021
- Thomas Jefferson: I believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
- Jack Dorsey CEO of Twitter and Square is Building a Decentralized Bitcoin Exchange.
- NEVER SELL
- Cuba to authorise and regulate the use of cryptos for payments
- 'No one has money.' Under Taliban rule, Afghanistan's banking system is imploding
- Cuba's central bank now recognizes cryptocurrencies such as bitcoin
- Is Bitcoin is the first geopolitically self-sovereign asset on earth?
- Another SIM Swap Disaster
- How I met your BTC
- How A $1 Million Bitcoin Price Will Drive The Billionaire Flippening
- Morgan Stanley raises its bet on Bitcoin: buys more than a million shares of Grayscale
- Neat realization
- September 7 - El salvador
- Bitcoin Can Fix Global Wealth Inequality — The Experiment Will Begin in a Few Days in El Salvador. Success in El Salvador would trigger an unprecedented wave of Bitcoin adoption among developing countries.
- Found one in the Wild!! Nevada, USA
- Honduras gets its first Bitcoin ATM - Details
- Remember The day the price of 1 Bitcoin surpassed that of 1oz of Gold??
- PayPal expands the ability to buy, hold and sell cryptocurrency to the UK
- Jack Dorsey’s Square Will Build a Bitcoin DEX as Part of its TBD Project
- Getting taxed after selling assets that “appreciated” in value but due to inflation leave you with less buying power.
- How easy would it be to crack a Ledger Nano S?
- Investing Advice
- Bisq
| Daily Discussion, August 28, 2021 Posted: 27 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. [link] [comments]  | ||
| Posted: 27 Aug 2021 12:45 PM PDT
 | ||
| Jack Dorsey CEO of Twitter and Square is Building a Decentralized Bitcoin Exchange. Posted: 27 Aug 2021 01:42 PM PDT Non-custodian Bitcoin wallet anywhere in the world through a platform to build on- and off-ramps into Bitcoin. https://blockworks.co/jack-dorsey-tbd-will-be-open-platform-for-decentralized-bitcoin-exchanges/ [link] [comments]  | ||
| Posted: 27 Aug 2021 09:23 AM PDT Over the last 6 months, I have begun acquiring long-term rental real estate at a pretty fast rate. After a seller accepted a recent offer of mine, I naturally took the contract to the bank. After reviewing my personal financial statement and given my largely new real estate portfolio value relative to my equity position, the bank required a much larger down payment to finance this property than past loans. The loan officer commented that I had more than enough liquid assets to make this down payment if I would sell some of my Bitcoin. Rather than sell Bitcoin to fund this downpayment for cashflowing real estate, I exercised the financing contingency in the sales contract and backed out of the deal due to inability to obtain financing. I tell you all this because I believe that the Bitcoin position in my portfolio is far more valuable than anything else I could reasonably buy. The thought of selling even a single sat to purchase anything else just seems foolish. Keep stacking! [link] [comments]  | ||
| Cuba to authorise and regulate the use of cryptos for payments Posted: 27 Aug 2021 06:10 AM PDT
 | ||
| 'No one has money.' Under Taliban rule, Afghanistan's banking system is imploding Posted: 27 Aug 2021 04:53 PM PDT
 | ||
| Cuba's central bank now recognizes cryptocurrencies such as bitcoin Posted: 27 Aug 2021 01:36 PM PDT
 | ||
| Is Bitcoin is the first geopolitically self-sovereign asset on earth? Posted: 27 Aug 2021 03:11 PM PDT Realestate is tied to the country it is located in. Stocks and securities are tied to the country their exchange is located in. Bonds are tied to the issuing government of the country that issues them. Gold is tied to the country where the vault you store it in is located. Cash is tied to the monetary policy of the country that issued it. There is no other asset on earth that exists completely outside the control of all countries governments while simultaneously being able to be stored in multiple jurisdictions all over the world at once and is able to be moved instantly all over the world in seconds. This makes bitcoin arguably the best form of property on earth inherently upholding the strongest form of property rights while being the one asset with the least geopolitical risk on earth. If thats not the worlds supreme safe haven asset I don't know what is. [link] [comments]  | ||
| Posted: 27 Aug 2021 09:11 PM PDT I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts. Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin. While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every financial app and had them locked immediately but I was far to late. I found that the SIM was changed around midnight and a half hour later everything was withdrawn from one account and bank transfers were made, and withdrew from another. So, if you haven't already started using an authenticator app, do it now. Tell your phone provider you must be in person with ID to make changes; this was not an option for me so I will change. Make sure your phone number is not connected to your email. Hell, use a separate email for each app. It seems like it is too easy for hackers to SIM swap; especially with the recent data breaches. Transaction hash can be provided for verification if needed. Hope this helps someone! [link] [comments]  | ||
| Posted: 27 Aug 2021 06:56 AM PDT I just wanna share my story to inspire and not to brag also sorry for my English if it's not that fluent. I'm a high school drop out, I'm one of those people who had difficulties in studying. After dropping out of school I became a pet sitter during my spare time in the morning , afternoon I take time to take care and be with my little sisters and at nights I worked at a pizza place, for years working overtime to save up and provide for my needs and give something to my family, One day our mom left us because we got nothing else anymore. I swore to myself that I'll do anything in my strength to help my dad provide for us. 4 years ago same day today, I had a conversation with a colleague about bitcoin, at first I couldn't understand anything but I knew I was interested so during our lunch break I bug her off so we can talk about bitcoin and things about it and how much it can do more in the future and as days passed by I was really hook into it and decided to invest in bitcoin as well just like what she did. It's not easy I tell you, I worked extra hours just to save up so I can invest in bitcoin, I didn't buy anything for myself for years all my savings was just for bitcoin and for my family. I have those crazy nights crying myself to sleep, the burden, the heartache was just heavy but I still managed to get back up because I have people who trust and need me . Well, what can I say? Hard work really does pay off. I'm not yet a millionaire but I can say that I can provide for my family. I even asked my dad to quit his work and just relax. If you'll ask what happened to the "colleague" she's now my wife, we got married two years ago and we are now pregnant. [link] [comments]  | ||
| How A $1 Million Bitcoin Price Will Drive The Billionaire Flippening Posted: 27 Aug 2021 11:57 PM PDT
 | ||
| Morgan Stanley raises its bet on Bitcoin: buys more than a million shares of Grayscale Posted: 27 Aug 2021 03:00 PM PDT
 | ||
| Posted: 28 Aug 2021 01:22 AM PDT This evening I went out for a kid I used to coach 21st birthday. It's been years since I've coached them and there was a good group of people much younger than I am. We got on the topic of crypto and bitcoin. There was a mix of those who have heard of it, those who are the fence and those who have invested. In these conversations I was able to answer questions, clear up misunderstanding and provide advice like controlling your own keys. The general consensus was bitcoin and crypto in general is the future. The younger generation is for this kind of technology and breaking the traditional financial market. Makes me hopeful for the future and these young kids are ready to break tradition. Bottom line is we're just getting started. H00nk! Edit: I've always thought this but it's good to actually hear it in environment that is natural and not through places that are dedicated to bitcoin an crypto. [link] [comments]  | ||
| Posted: 27 Aug 2021 06:24 PM PDT On September 7, an app/wallet will be available for all people in Salvador. Everyone who downloads the app will receive USD30 equivalent in btc. El salvador population is about 6 million people. [link] [comments]  | ||
| Posted: 27 Aug 2021 09:42 AM PDT
 | ||
| Found one in the Wild!! Nevada, USA Posted: 27 Aug 2021 07:06 PM PDT | ||
| Honduras gets its first Bitcoin ATM - Details Posted: 28 Aug 2021 12:58 AM PDT
 | ||
| Remember The day the price of 1 Bitcoin surpassed that of 1oz of Gold?? Posted: 27 Aug 2021 10:25 AM PDT I vaguely remember I was very early on in my bitcoin education and had yet to invest. I believe btc was around $500 and gold was about $1,200 Oz. Then one day in 2017 (I think) I was at work and checked the price of both and for the 1st time in history the price of btc surpassed that of gold on 1:1 basis. Does anybody know the exact day this occurred?? Do you recall Any interesting thoughts, conversations, instances you'd like to share about the day "digital" gold surpassed the price of "physical" gold?? [link] [comments]  | ||
| PayPal expands the ability to buy, hold and sell cryptocurrency to the UK Posted: 27 Aug 2021 08:24 PM PDT
 | ||
| Jack Dorsey’s Square Will Build a Bitcoin DEX as Part of its TBD Project Posted: 27 Aug 2021 10:10 PM PDT
 | ||
| Posted: 27 Aug 2021 08:46 AM PDT This is a hypothetical for any asset — a house, crypto, gold, art, etc. Say you buy an asset for $100 years many ago. Today, it is "worth" $150, and you sell it. You get taxed on the $50 capital gain. However, let's say that due to inflation, that total $150 you got for selling the asset actually has only HALF the buying power of the original $100 investment you made, so, the asset did not keep up with inflation. You've lost buying power, AND you have to pay taxes on the capital "gains" leaving you quite worse off. I know this is just the way it works, but wanted to share the thought. [link] [comments]  | ||
| How easy would it be to crack a Ledger Nano S? Posted: 28 Aug 2021 01:04 AM PDT My cold wallet, when I'm out of my place, it travels with me everywhere because I feel it's safer this way as I travel light and take good care of my belongings, also, the ledger is within a key lock protected by a 4 digit pin (different from the ledger's pin, of course). My question to the community is, if someone where to crack the pin of my key lock (metal built and very robust) how easy would it be to crack the ledger 'spin? In case this happened though, I keep my 24 words seed split in different places in the cloud (not in a single server) which I could easily retrieve, load the wallet and get the funds out of there to minimize the chances of loosing BTC. [link] [comments]  | ||
| Posted: 27 Aug 2021 11:16 PM PDT Hello, I just recently created an account to do crypto investing. I have been reading and researching a great deal. I value the opinions of others. Not sure where to invest my small sum of $3000. Some Alt Coins caught my attention. Then there are the big three: Bitcoin, etc. Any advice and thoughts appreciated. I have followed Bitcoin but i am aware that certain up and coming Altcoins may be very lucrative. Also which platform is best for investing in crypto in Canada? I have set up an account with Wealth Simple. Appreciate any recommendations. [link] [comments]  | ||
| Posted: 27 Aug 2021 01:49 PM PDT I've been using Bisq for a few years now and it's never been deader than it is now. Like really dead. Why are all you people not using this amazing decentralized exchange? Is there something else you people are using? I thought getting rid of the middle men was the whole point of this. WHERE YALL AT?!?! click this [link] [comments]  |
| You are subscribed to email updates from Bitcoin - The Currency of the Internet. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment