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    Thursday, September 2, 2021

    Bitcoin ⚡ Lightning Thursday! September 02, 2021: Explore the Lightning Network!⚡

    Bitcoin ⚡ Lightning Thursday! September 02, 2021: Explore the Lightning Network!⚡


    ⚡ Lightning Thursday! September 02, 2021: Explore the Lightning Network!⚡

    Posted: 01 Sep 2021 11:10 PM PDT

    The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

    Here is the place to discuss and learn more about lightning!

    Ask your questions about lightning

    Provide reviews, feedback, comparisons of LN apps, services, websites etc

    Learn about new LN features, development, apps

    Link to good quality resources (articles, wikis etc)

    Resources:

    submitted by /u/rBitcoinMod
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    Daily Discussion, September 02, 2021

    Posted: 01 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.

    submitted by /u/rBitcoinMod
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    Bitcoin has broken $50,000 again

    Posted: 01 Sep 2021 07:24 PM PDT

    What's your predictions for the rest of the week

    submitted by /u/Effective_Sound_6260
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    "I don’t believe we shall ever have a good money again before we take the thing out of the hands of government. We can’t take it violently ... all we can do is – by some sly roundabout way – introduce something that they can’t stop…"

    Posted: 01 Sep 2021 10:21 AM PDT

    ����

    Posted: 02 Sep 2021 02:04 AM PDT

    El Salvador Assembly approves distribution of $30 in Bitcoin to every citizen

    Posted: 01 Sep 2021 01:34 PM PDT

    Bitcoin Tipping on Twitter CONFIRMED by Twitter’s Product Lead !

    Posted: 01 Sep 2021 10:20 PM PDT

    Donald Trump has been bashing Bitcoin becuase he is scared, like Peter Schiff is to gold, Bitcoin will replace real estate as a store of value next.

    Posted: 01 Sep 2021 06:56 PM PDT

    Trump scared. Bitcoin will replace real estate as a place to park cash. Its already hurting gold. Next we over take real estate.

    Anybody got a link to that site that show home prices vs bitcoin?

    submitted by /u/hyperinflationUSA
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    [Important] El Salvador: we need to support it

    Posted: 01 Sep 2021 11:39 AM PDT

    Hey guys, El Salvador is going serious with bitcoin. The spot they launched at YouTube only has 8k views and few comments. We can do it better, we need leave comments and watch the video.

    If the world (other countries planning to implement it) sees it doesn't have a lot of support, could be demoralizing... let us move the video a bit more. Write a positive comment and share with friends.

    https://youtu.be/MRtRBV0If7I

    Edit: Let's all of us share the video with at least one journalist or one influencer you like, so the video gets more impact and more people talk about it. It just takes two seconds to 'spam it'. High impacts come with a lot of low impacts.

    submitted by /u/EngineVast
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    This is why we Bitcoin - A former Marine was pulled over for following a truck too closely. Police took nearly $87,000 of his cash.

    Posted: 01 Sep 2021 01:11 PM PDT

    El Salvador may have done a bigger favor for US bitcoiners than most realize

    Posted: 01 Sep 2021 03:32 PM PDT

    I'm not a tax professional or anything, but the fact that another country's official currency will soon include Bitcoin has potentially huge impacts for tax reporting in the United States. IRS code provides an exception to capital gains reporting for transactions up to $200 when exchanging dollars to a foreign currency. Whether the IRS modifies that exception remains to be seen, but if not, this will be one less impediment to using Bitcoin for daily purchases as well as an advantage that no other altcoin can claim.

    submitted by /u/bj2183
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    Tens of billions worth of Bitcoin have been locked by people who forgot their key.

    Posted: 01 Sep 2021 08:00 PM PDT

    UK Government: "On its own, owning and using cryptoassets is not illegal in the UK and does not imply tax evasion or any other illegal activities." AMEN!

    Posted: 01 Sep 2021 06:16 AM PDT

    What does "make war unaffordable" mean?

    Posted: 01 Sep 2021 10:54 PM PDT

    I saw a sticker with Bitcoin logo and a moto "Make war unaffordable". What's the idea behind this statement?

    submitted by /u/masspectrometer
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    El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund

    Posted: 01 Sep 2021 05:22 PM PDT

    Total noob…just got Coinbase and Coinbase Wallet. All verified. Invested $200 Australian. Not wanting to do daily trades or anything, happy to sit and watch. Any suggestions for next steps?

    Posted: 01 Sep 2021 07:34 PM PDT

    Today I have performed a small revolutionary act.

    Posted: 01 Sep 2021 04:21 PM PDT

    For many of you this is probably an everyday act or at least nothing new. For me it is absolutely empowering because it is the first time after a long time just holding.

    I have sent $5 in Bitcoin from my cold wallet to my hot wallet on Android.

    I have taken money that is exclusively under my control in a cold wallet and moved it to another place, a less secure, but more convenient and faster to use, and which is also totally under my control, to use it whenever I feel like it. Without asking anyone's permission, without fear of losing it because I can take many security measures, and what I find most liberating, without giving an email, a name, a phone number.

    Digital Cash.

    I really want to be able to pay for a coffee or an ice cream with Bitcoin. I just haven't had the opportunity. I haven't found the place. And it's not something I want to look for. It's something I want to find by surprise. And be happy to discover that shop that accepts bitcoin, take out my phone and pay for that coffee and my colleague's, even though I probably won't be buying anything else with bitcoin for a long time, even if I have the option.

    And that day the revolution will begin

    The future is ours! How exciting!

    submitted by /u/krisycoll
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    Honduras Opens Its First Bitcoin ATM. Adoption Speeding up.

    Posted: 01 Sep 2021 03:38 PM PDT

    Twitter Beta Testing Bitcoin Lightning Tipping Service

    Posted: 01 Sep 2021 05:20 AM PDT

    The valley of death

    Posted: 02 Sep 2021 12:17 AM PDT

    Yea, though I walk through the valley of the shadow of fiat, I will fear no central bank: for thou art with me; thy code and decentralized network they comfort me. Thou preparest an opportunity to front run the institutions before me in the presence of mine enemies: thou anointest my digital wallet with btc; my sats runneth over.

    If you don't have at least 5% of your networth in btc but your net worth is under $2 million I'm super confused.

    There are only 2 paths to being wealthy-equity or investments.

    BTC is the merge of both.

    The crypto space will 10x from here in 10 years and could 100x in our lifetimes.

    Being risk averse is the biggest risk of all.

    submitted by /u/throwaway29801A
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    $1.5 trillion Asset Fund Giant Franklin Templeton Eyes Bitcoin Trade.

    Posted: 01 Sep 2021 08:50 PM PDT

    Franklin Templeton's first foray into bitcoin, highlight the $1.5 trillion firm's newfound interest in crypto as an investable asset class. In late July, it backed a Galaxy Digital fund of funds that chases venture opportunities in the crypto economy.

    https://www.coindesk.com/business/2021/09/01/mutual-fund-giant-franklin-templeton-eyes-bitcoin-ether-trades-with-planned-hires/

    submitted by /u/maniparusu
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    IMF Repeats El Salvador Bitcoin Warning as Country Launches $150M Adoption Fund

    Posted: 01 Sep 2021 06:55 AM PDT

    PoW vs PoS

    Posted: 01 Sep 2021 04:29 AM PDT

    I am interested in knowing why PoW is considered to be better than PoS despite the fact that if the 3 largest BTC mining pools banded together they could do a 51% attack. I may be over simplifying this possibility hence why I ask for furthur input. Is having such large mining pools a threat to the network?

    submitted by /u/ricemanreal
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    A Bitcoin carved out of oak, a celebration of crypto!

    Posted: 02 Sep 2021 01:20 AM PDT

    Top 5 Bitcoin facts that will melt your brain.

    Posted: 01 Sep 2021 10:16 PM PDT

    How much bitcoin for retirement?

    Posted: 01 Sep 2021 10:55 PM PDT

    I've known about bitcoin for a while, but just recently started to actually accumulate. I remember in 2017, 600-1,000$ seemed pretty steep, but now we are pushing 50k, and I'm a believer for sure, but I never put any away. I know.... stupid me, but seems like Bitcoin has priced out the everyday joe, like me, with a fixed income, slave job. I could maybe throw like 5-10% of my paychecks (2.5k), so $125/$250, every two weeks. At that pace of $500 to a month, I'm going to average maybe 6k a year...

    Could I retire off 1 coin, or should I just try to scrape as much and not worry about owning a coin?

    submitted by /u/helium_bet
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