Bitcoin Daily Discussion, September 12, 2021 |
- Daily Discussion, September 12, 2021
- Snaps I get from the gf
- I’ve been in El Salvador for two weeks using Bitcoin and talking to locals daily - AMA
- I know we wanna get rich but…
- Visa CEO says he’s smart enough to invest in Bitcoin now
- A beer in El Salvador costs 0.000033 BTC
- Bitcoin adoption: Ukraine and Panama plan to follow El Salvador’s crypto footsteps
- “Bitcoin is not just for buying coffee anymore-My wife just bought my daughter an outfit for a school event @ZARA using Lightning” -Bitcoin Beach
- “HODLing is a mediocre investment strategy. But it’s an incredible savings strategy. Most ppl arnt trying to be professional investors- they just don’t want their savings debased.”
- Can we all email Apple Pay support and ask them when Bitcoin integration will occur?
- U.K. Post Office Now Allows Users Purchase Bitcoin Through Its App
- Let's say Satoshi is still out there. Watching... waiting... sitting on a million BTC. What are some things he could someday do with those coins (good or evil) that would change the world?
- Would Bitcoin have prevented government funding of $2,000,000,000,000 USD on the Afgan War after 911?
- Thanks to Bitcoin I was able to help needy families in my country.
- Bitcoin in El Salvador - Congratulations from Iceland
- If you bought $10.66 of Bitcoin in 2018, today it would be worth a little over $130
- “5% of Bitcoin’s exchange supply was taken off the market last week. When will the institution responsible step up and make a statement?”
- With El Salvador adopting Bitcoin, does that mean the whole country will be better off if the Bitcoin prices takes off?
- Why I'm not afraid to invest most of my money in Bitcoin
- Will teach anything related to Bitcoin or Crypto for Free
- Someone i El Salvador
- Is bitcoin still evolving?
- Given that Bitcoin has a limited supply by design, what happens to somebody's Bitcoin after they pass away? Is it lost forever?
- Unpopular opinion(?) The way Strike collects fees is less transparent than just collecting a fee
| Daily Discussion, September 12, 2021 Posted: 11 Sep 2021 10:06 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: 11 Sep 2021 03:00 PM PDT
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| I’ve been in El Salvador for two weeks using Bitcoin and talking to locals daily - AMA Posted: 11 Sep 2021 07:37 PM PDT So far I've spoken to opposition in San Salvador at protests and in stores, as well as locals in El Zonté (Bitcoin Beach). [link] [comments]  | ||
| Posted: 11 Sep 2021 04:58 PM PDT Hey guys and gals. Obviously we've all bought into the number go up narrative and it's definitely a thing. I've been here for a few years and just want to say I've stopped looking at the charts, I don't care about the price and I feel so confident that we're heading in the right direction that I just don't care about the small moves anymore. I've put a LOT of money into this now, more than I dare say a lot of you guys, but I just ant to help anyone that feels they got here late, or putting more than they think they should, that there's people here with so much on the line that you should feel confident in your investment no matter how big or small. Remember that you're in it for the long haul, forget small term moves, but never forget in a world that is becoming more and more authoritarian by the day that you now own a piece of nascent currency that answerers to no one. No matter what you are told you will always be able to transact with bitcoin. Maybe it won't double in price for you, but you will always be able to spend it!! It brings freedom to us all! Peace x [link] [comments]  | ||
| Visa CEO says he’s smart enough to invest in Bitcoin now Posted: 11 Sep 2021 06:04 PM PDT
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| A beer in El Salvador costs 0.000033 BTC Posted: 11 Sep 2021 05:07 AM PDT Now it's being used every day, it will be interesting to see how things are priced. Four leading zeroes ain't gonna work. Will we go straight to Sats, or will some new name or denomination emerge? I guess it's fair that as a reward for being the first adopters, El Salvador gets to choose. [link] [comments]  | ||
| Bitcoin adoption: Ukraine and Panama plan to follow El Salvador’s crypto footsteps Posted: 11 Sep 2021 02:30 PM PDT
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| Posted: 11 Sep 2021 06:08 PM PDT
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| Posted: 11 Sep 2021 12:46 PM PDT
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| Can we all email Apple Pay support and ask them when Bitcoin integration will occur? Posted: 11 Sep 2021 11:54 AM PDT So I decided to email Apple Pay support last night. I asked when integration will occur. I worded it in a way that assumed that it will inevitably happen. What happens if we all email? Could we actually make integration occur faster? Id also imagine that if Apple did integrate it, more merchants would begin accepting Bitcoin payments to avoid the fee's incurred by MC/Visa/Amex. I also like to travel. If Bitcoin integration occured, I wouldnt have to pay exchange rate fees for cash, ATM withdrawal fees, or 2.5% foreign exchange fee when using a CC. Thoughts? EDIT: Whether you like Apple, or not, I think Apple will play a big role in Bitcoin's global adoption. Remember, there are ONE BILLION Apple phones worldwide. EDIT 2: What I'd like to see is an Apple Pay integrated lightning wallet. [link] [comments]  | ||
| U.K. Post Office Now Allows Users Purchase Bitcoin Through Its App Posted: 12 Sep 2021 12:12 AM PDT | ||
| Posted: 12 Sep 2021 12:11 AM PDT Like for example he could gift a million sats to 100M poor families or something. Lift a bunch of people out of poverty in a strategic place at a strategic time to shift the balance of power somewhere. Or he could wait until bitcoin becomes global reserve currency and just start dumping his stash. Practically tank the world economy or bankrupt panicky nations. I'm curious to hear some outside-the-box ideas. Imagine he's playing the long game... [link] [comments]  | ||
| Posted: 11 Sep 2021 08:57 AM PDT Thats $300 million USD, every day, for 20 years. I am not sure what exactly have been accomplished but if the money was spent elsewhere in area such as schooling, hospital or even scientific research, instead of waging war perhaps we all would be in a better place. Part of this is to do with how the Afgan war is actually a business as the public US fiscal budget is paid to numerous private contractors and mercs for war supply (eg. As explained in Dog of Wars), which ties to further R&D for even more deadly weapons to be used for killing in future wars. Should part of the Bitcoin movement be to separate the power of money control from the government, so the financial ability to wage war is reduced, to save lives and create a better world with less military conflict? This needs to be put to a stop by Bitcoin, otherwise when will this ever end? [link] [comments]  | ||
| Thanks to Bitcoin I was able to help needy families in my country. Posted: 11 Sep 2021 06:47 PM PDT
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| Bitcoin in El Salvador - Congratulations from Iceland Posted: 11 Sep 2021 02:02 PM PDT Bitcoin en El Salvador - Felicitaciones desde Islandia Dear people of El Salvador. We, Icelandic Bitcoin enthusiasts, are excited about the imminent Bitcoin revolution in your country. The people of Iceland are all too familiar with the consequences of inflation and unsound money. Our inflation rate reached 70% in 1983. Three of our largest banks went bankrupt in 2008. Unsound money enables those who control or stand closest to newly printed money to profit tremendously at the public's expense. This caused the 2008 financial crisis. Shortly after the crisis Bitcoin was launched. The first bitcoin block included a message about the 2008 financial crisis. The one to create the message hinted at the solution we have been waiting for and Bitcoin offers: Sound and decentralized money for all, out of reach from corrupt monetary policies. Our nations may be small but are leaders in using geothermal energy. We can also be leaders of bitcoin adoption. El Salvador is now holding the pen and writing history. We encourage you, dear citizen of El Salvador, to grasp this opportunity you are presented with. Your actions will be exemplary for the entire world and a giant leap for mankind towards freedom. With best wishes for the success of El Salvador! Saludos y bendiciones a todos uds. Ciudadanos Residentes de El Salvador. Nosotros, los Islandeses entusiastas de Bitcoin, estamos interesados de seguir la revolución de Bitcoin que está comenzando en su paÃs. Los islandeses somos muy conscientes de los efectos de la inflación y de la depreciación de dinero. Queremos destacar que : Islandia en el año1983, alcanzó una inflación de más del 70% , luego en el año 2008, 3 de nuestros Bancos más grandes se declararon en quiebra. La depreciación de la moneda hizo posible que aquellos que controlaban o estaban cerca de la impresión de dinero ,obtuviesen ganancias a expensas del público. Esto provocó el colapso de 2008. Poco después nació Bitcoin. La primera entrada de Bitcoin contiene un mensaje que nos recuerda el colapso económico de 2008. La persona que dejó el mensaje querÃa enfatizar que Bitcoin es la solución que hemos estado esperando: dinero confiable y sin fondos que protege a la gente común de la polÃtica monetaria corrupta. Nuestras naciones pueden ser pequeñas, pero son lÃderes en el uso de la energÃa geotérmica. También podemos ser lÃderes en la adopción del bitcoin. El Salvador está ahora escribiendo un nuevo capÃtulo en la historia de la humanidad y los alentamos, queridos residente de El Salvador, a que aprovechen la oportunidad que se les presenta. Sus acciones sentarán un precedente para todo el mundo y ayudarán a la humanidad a dar un gran paso hacia la libertad. ¡Con los mejores deseos para el éxito de El Salvador! [link] [comments]  | ||
| If you bought $10.66 of Bitcoin in 2018, today it would be worth a little over $130 Posted: 11 Sep 2021 04:58 PM PDT
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| Posted: 11 Sep 2021 09:57 AM PDT
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| Posted: 11 Sep 2021 10:09 PM PDT Apologies if this is an ignorant question, just curious [link] [comments]  | ||
| Why I'm not afraid to invest most of my money in Bitcoin Posted: 11 Sep 2021 11:39 AM PDT I believe in Bitcoin, because Bitcoin is hope for a better, more decentralized financial system and a better, fairer world. It was born out of a state of mind that desires freedom for oneself and others, which I relate to very strongly; it promises to take power away from the power-hungry structures such as governments and central banks, and empower the sovereign individual. I believe such a world is possible. If my investment in Bitcoin turns out to be a good investment, it will mean I have lived to see such a better world, and the life-changing wealth that came from the investment will be a cherry on the cake, allowing me to enjoy living in that better world that little bit more. Now, I understand nothing is certain and while it's very unlikely, my investment may turn out to be a failure. For all we know, Bitcoin, in a decade or two, may be worth nothing. That would be unfortunate, you could say: I would lose the savings of my life. Unfortunate indeed, but if that happens, the consequences of that will be much farther-reaching: it will not only be an investment failure of mine, but a failure of mankind! It will mean we, humans, had a sole opportunity to make the world a better place, and missed it; it will mean power-hunger, control, greed and indifference overpowered the desire to make the world a better place. It will mean the world is a sad, hopeless, degenerate place, dominated by control-oriented filth, scum and trash, that Humanity was doomed to fail from the beginning and we were only deluding ourselves by believing otherwise. And in such a world of disappointment, no amount of wealth would be a consolation anyway - and certainly not the kind of wealth I would have accumulated by putting my wages in a fiat bank account. But I think that's a very unlikely scenario. And it's not like a sports event where the outcome is independent of us; on the contrary, it depends on no one but us, bitcoiners. A bet on Bitcoin is not only a financial bet, but also a bet on a better world. We either win both or neither. The dream of a better world is only a dream, but by adopting Bitcoin and using it, we can make that dream a reality. We can make it happen! [link] [comments]  | ||
| Will teach anything related to Bitcoin or Crypto for Free Posted: 11 Sep 2021 04:11 PM PDT I been on the crypto space for many many years now and I cannot be more than grateful for all the opportunities I received. I want to give back to the community. Do you have a silly question or you want someone to guide you on a step-by-step basis?, contact me. I can help with anything related to Blockchain tech, DeFi, Forks, Transactions, Wallets DEXs, Swaps, Liquidity Mining, and more. Just test my knowledge. I usually have time on weekends and speak English spanish and french. [link] [comments]  | ||
| Posted: 12 Sep 2021 01:47 AM PDT I bet if each day someone went to a new cafe or family owned business and posted their wallet address we could send some sats to, lots of people would give a tip. Is there anyone in el salvador at the moment who could do that? [link] [comments]  | ||
| Posted: 11 Sep 2021 08:01 PM PDT I often hear Bitcoin is a finished product, robust and secure. Does that mean that there is no roadmap of functionality development? What is the best thing that is being developed in Bitcoin chain? Bitcoin is undoubtedly the most established blockchain, but I feel there should always be development going on to keep the momentum. [link] [comments]  | ||
| Posted: 11 Sep 2021 11:45 AM PDT Pretty much what the title says. I'm fairly new to crypto. I tried looking for this question on the sub but didn't find anything. Just curious. [link] [comments]  | ||
| Unpopular opinion(?) The way Strike collects fees is less transparent than just collecting a fee Posted: 11 Sep 2021 05:21 PM PDT I've started using Strike to do my DCA. It is among the cheapest ways to stack sats, but instead of charging a fee, they just sell you the BTC at a higher market price. You'll see $45,158.20/btc and when you go to buy it's at $45,235.77 (consistently, it's not the volatility). So they are essentially charging a fee, but act like they aren't. Obviously they have to make money, and the ~.3% upcharge is still less than Coinbase Pro, but I think it's a tiny bit gimmicky. Please correct me if I'm wrong. [link] [comments]  |
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