Bitcoin Daily Discussion, September 10, 2021 |
- Daily Discussion, September 10, 2021
- The entire country of El Salvador just got a 4.6% raise.
- El Salvador's new bitcoin wallet allows for cross-border, virtually instantaneous, zero-fee transactions -- a game changer for a country where 70% of the population depends on money sent home from abroad to get by. @KenzieSigalos has more. https://cnb.cx/3E2jmwK
- El Salvador's new bitcoin wallets could cost Western Union $400 million a year.
- Just found this bad boy in the back of my drawer!
- AIMING TO BE THE FIRST PERSON TO SELL AN ANTIQUE CAR FOR BITCOIN… Currently attempting to find someone who would be interested in purchasing my 1937 Chevy Coupe for 1 bitcoin. It’s value its at the current price.... located in Southern California !! Private owned
- Poll finds 27% support for making Bitcoin legal tender in US
- US Should Declare Bitcoin As Legal Tender, Says 1 In Every 4 Americans: YouGov Survey
- I'm from El Salvador, ask me if you want to know what is happening here!
- These people *literally* control our money... Fed Presidents personally profit from the policies they enact, to the detriment of the American people. Now they’ll sell their positions while the market is up, and announce tapering shortly after… They should both resign. Bitcoin fixes this.
- Ukraine Parliament just Passed the Law Legalizing Bitcoin
- I was watching baseball tonight, and after I stepped away for a few seconds, a FTX commercial was on. My 5-y/o daughter yells, “BITCOIN!!!! BITCOIN!!!”
- Bitcoin is being attacked - The digital currency laws change and forcing individual financial institutions to change their rules
- German Investment Firm Plans To Add Bitcoin To Its Offerings
- Bitcoin will become the number one currency in the world.
- Have you heard that Panama is getting ready to make bitcoin a legal tender?
- How Michael Saylor rebooted his career and his company by becoming the world's biggest bitcoin bull
- Miami Mayor Suarez Calls For Election Of A Bitcoin President After Joe Biden
- McDonald's, Starbucks & Pizzahut starts accepting Bitcoin in El Salvador, getting huge response
- 10Y gold price is the same
- El Salvador’s new bitcoin wallets could cost Western Union $400 million a year
- Made a Bitcoin desk sign. Lmk your thoughts.
- Ukraine adopts draft crypto law even as the IMF sounds alarms - Massive progress, will potentially cause a domino-effect
- Policymaker warns decentralised finance and stablecoins will ‘challenge’ banks’ business models
- Hasn't the DIP helped El Salvador to buy BTC?
| Daily Discussion, September 10, 2021 Posted: 09 Sep 2021 10:03 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]  | ||
| The entire country of El Salvador just got a 4.6% raise. Posted: 09 Sep 2021 06:29 PM PDT Remittances account for 23% of El Salvador's economy. Bank fees on those transfers range from 12.5% (on larger transfers) to 30%+ on smaller transfers—let's call it 20% on average. Bitcoin eliminates those fees via the Chivo app ipso facto: a 4.6% pay raise for the entire country. Awesome. (This doesn't include the additional savings of not having to waste your day and bus fare and personal safety going to the bank to receive the transfer.) Data from: https://www.cnbc.com/2021/09/09/el-salvador-bitcoin-move-could-cost-western-union-400-million-a-year.html [link] [comments]  | ||
| Posted: 09 Sep 2021 10:01 PM PDT
 | ||
| El Salvador's new bitcoin wallets could cost Western Union $400 million a year. Posted: 09 Sep 2021 07:38 AM PDT Imagine scrounging Millions off of hard working people sending money for basic sustenance and living. [link] [comments]  | ||
| Just found this bad boy in the back of my drawer! Posted: 10 Sep 2021 01:12 AM PDT
 | ||
| Posted: 09 Sep 2021 09:36 AM PDT | ||
| Poll finds 27% support for making Bitcoin legal tender in US Posted: 10 Sep 2021 12:00 AM PDT
 | ||
| US Should Declare Bitcoin As Legal Tender, Says 1 In Every 4 Americans: YouGov Survey Posted: 10 Sep 2021 01:24 AM PDT
 | ||
| I'm from El Salvador, ask me if you want to know what is happening here! Posted: 09 Sep 2021 08:22 AM PDT Bitcoin is now legal tender. Ask me any doubts you have. I'll give my opinion as an average citizen. [link] [comments]  | ||
| Posted: 09 Sep 2021 06:09 PM PDT
 | ||
| Ukraine Parliament just Passed the Law Legalizing Bitcoin Posted: 10 Sep 2021 03:02 AM PDT
 | ||
| Posted: 09 Sep 2021 08:01 PM PDT I nearly shed a tear. This kid gets it, but 99% still don't. [link] [comments]  | ||
| Posted: 09 Sep 2021 03:20 PM PDT I live in Sweden and trade for a living. Near all national banks have limited or disabled wire transfers and credit/debit cards for Coinbase. Literally Bitcoin is under attack, I am intentionally doing my best to avoid sounding like a "conspiracy theorist". But.... #1 The 400 billion drop. which was the most orchestrated sell-off I have ever seen in terms of Technical Analysis. Massive amount of shorts, options and funds were unloaded, as you all know. #2 Endless PR. About Bitcoin crashing the moment El Salvador announced it as their national currency. - https://www.nasdaq.com/articles/coinbase-bitcoin-and-other-cryptocurrency-stocks-plunge-as-options-traders-liquidate-2021- https://www.techspot.com/news/91147-bitcoin-down-10000-first-day-el-salvador-official.html - Countless more.The most upvoted reddit post regarding this: https://www.reddit.com/r/worldnews/comments/pkas7p/bitcoin_crashes_on_first_day_as_el_salvadors/ with the exact title of "Bitcoin crashes on first day as El Salvador's legal tender" #3 "Conclusion" - Bitcoin is being attacked virtually, financially and even psychologically. Here is an old article regarding alleged fraud and embezzlement - https://news.bitcoin.com/european-banks-facilitated-large-crypto-fiat-deals-probe-finds/ More about the Banks and Lithuania: https://www.bitcoin.name/category/swedbank/ EDIT: Big News update regarding Ukraine legislation and their parliament - https://cryptoslate.com/ukraine-adopts-draft-crypto-law-even-as-the-imf-sounds-alarms/:33% of BTC or more, is unavailable for trading and exchanges. Cold, dead, or lost: [link] [comments]  | ||
| German Investment Firm Plans To Add Bitcoin To Its Offerings Posted: 09 Sep 2021 08:01 PM PDT
 | ||
| Bitcoin will become the number one currency in the world. Posted: 09 Sep 2021 07:09 PM PDT The current price of Bitcoin is 46,000. Do you think it can rise to 65,000? [link] [comments]  | ||
| Have you heard that Panama is getting ready to make bitcoin a legal tender? Posted: 10 Sep 2021 12:51 AM PDT The news followed El Salvador's announcement. It seems that one more country may join the community. What are your feelings about it? https://www.cnet.com/personal-finance/panama-unveils-bill-to-make-bitcoin-legal-tender/ [link] [comments]  | ||
| How Michael Saylor rebooted his career and his company by becoming the world's biggest bitcoin bull Posted: 09 Sep 2021 05:47 PM PDT
 | ||
| Miami Mayor Suarez Calls For Election Of A Bitcoin President After Joe Biden Posted: 09 Sep 2021 02:47 PM PDT
 | ||
| McDonald's, Starbucks & Pizzahut starts accepting Bitcoin in El Salvador, getting huge response Posted: 09 Sep 2021 09:00 AM PDT
 | ||
| Posted: 09 Sep 2021 09:06 PM PDT Hello everyone, I checked the 10Y gold price today and found out that it hasn't really moved anywhere since. I am wondering why gold an supposedly inflation hedge has not gone up in this inflationary environment. Bitcoin, like gold, has scarcity, but unlike gold, has more velocity and more dividable. Are the last two factors the key why bitcoin has massively outperformed gold as a store of value media? What do you folks think? [link] [comments]  | ||
| El Salvador’s new bitcoin wallets could cost Western Union $400 million a year Posted: 09 Sep 2021 10:38 AM PDT In 2020, El Salvador received nearly $6 billion in remittances, which accounted for about 23% of its gross domestic product.President Nayib Bukele estimates that money services providers like Western Union and MoneyGram will lose $400 million a year in commissions for remittances, thanks to the country's bitcoin adoption.Some 70% of the Salvadoran population receives remittance payments. Jaime GarcÃa really hates using Western Union to send money home to El Salvador. "In this day and age, it is wild that I had to go to a physical Western Union office, give them actual cash, and then hand them another $25 on top of that, before they would send my money over," GarcÃa said. "And then, of course, it takes three days for it to actually arrive in El Salvador." GarcÃa, who lives in the Canadian province of Saskatchewan, fled El Salvador when he was 11 after rebels bombed his house. His biggest issue with wiring cash abroad is less the inconvenience on his end and more about what happens to his loved ones receiving the money. "They have to take a bus to go to a physical location to pick it up, and there are gangs that hang out around those offices. They know what people are going there for, and they basically rob them," said GarcÃa, who leads a team of researchers at SGI Canada Insurance. Since he last sent money home, GarcÃa told CNBC, he now has the option to make an online payment via the Western Union app, but he still faces steep fees – 12.5% for a $100 transfer – and it doesn't solve the problem of what happens to those picking up the cash in El Salvador. [link] [comments]  | ||
| Made a Bitcoin desk sign. Lmk your thoughts. Posted: 09 Sep 2021 11:16 AM PDT
 | ||
| Posted: 09 Sep 2021 11:18 PM PDT
 | ||
| Policymaker warns decentralised finance and stablecoins will ‘challenge’ banks’ business models Posted: 10 Sep 2021 04:50 AM PDT
 | ||
| Hasn't the DIP helped El Salvador to buy BTC? Posted: 09 Sep 2021 06:59 PM PDT Wondering if the BTC dip in the first day in El Salvador was a good or bad think. In one hand it scared investors but on the other hand helped people to aquire it in a lower price. What's your opinion? [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