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    Thursday, October 14, 2021

    Bitcoin ⚡ Lightning Thursday! October 14, 2021: Explore the Lightning Network!⚡

    Bitcoin ⚡ Lightning Thursday! October 14, 2021: Explore the Lightning Network!⚡


    ⚡ Lightning Thursday! October 14, 2021: Explore the Lightning Network!⚡

    Posted: 13 Oct 2021 11:02 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, October 14, 2021

    Posted: 13 Oct 2021 10:00 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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    Paid for my house

    Posted: 13 Oct 2021 12:35 PM PDT

    I bought 1 BTC 5 years ago, sold today and cleared my remaining mortgage. I retire in January, and didn't know what to do a year ago.

    submitted by /u/aqsgames
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    US Treasury Secretary Janet Yellen erroneously claims that spying on all bank accounts transacting more than $600 would NOT permit the government to peek into American’s pocketbooks

    Posted: 13 Oct 2021 09:59 PM PDT

    The cycles are over. Bitcoin has entered a new phase of its existence.

    Posted: 13 Oct 2021 07:16 PM PDT

    In just the past year, a nation has adopted Bitcoin as a national currency. Fortune 500 companies are adding Bitcoin to their balance sheets. I firmly believe that Bitcoin will become the global currency reserve of the Human Race. We are still super early to the event my friends, soon the idea of purchasing Bitcoin under $100,000 will be equivalent to hitting the mega millions jackpot. Keep stacking SATS, never sell your Bitcoin. Think long term with your Bitcoin, yes I'm talking generational wealth. If you are reading this now you are in the right place and witnessing the early beginnings of the new financial monetary sector that will dominate humanity for thousands of years.

    submitted by /u/gford333
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    That guy reddit loves to hate takes aim at rising inflation caused by the Federal Reserve. Over 3 million US viewers watched this. Critique the message rather than the messenger.

    Posted: 13 Oct 2021 10:33 PM PDT

    The Yellen plan is not to spy on any transaction over $600. Its to spy on any account that had a *$600 balance at any time in a year*.

    Posted: 14 Oct 2021 05:12 AM PDT

    Inflation is a hidden tax that has been eroding the middle class for decades. This father of three struggled to feed his family in the 1970s despite earning a modest salary for the time.

    Posted: 13 Oct 2021 09:47 PM PDT

    I am the same guy from El Salvador ���� and today was my first time I deposit fiat to buy Bitcoin in a local ATM

    Posted: 13 Oct 2021 11:23 AM PDT

    Central Banks are watching Bitcoin's organic success and they're starting to get worried about losing control of money, so they will deploy CBDCs in an attempt to combat Bitcoin. They will fail.

    Posted: 13 Oct 2021 10:04 PM PDT

    Vladimir Putin Says Crypto Could Possibly Serve Role as Settlement Unit for Oil

    Posted: 14 Oct 2021 02:45 AM PDT

    Is anyone else relying on BTC to lift them out of a life of low-paying jobs and limited future prospects??

    Posted: 13 Oct 2021 03:44 PM PDT

    For a start, I only invested what I can "afford to lose" so to speak. So I wouldn't be in debt if it went to $0 tomorrow or anything. But I did put a big chunk of hard earned savings into BTC and some alt coins during the last big dip simply because I truly believe that it has a big future and will therefore one day enable me to buy a mortgage-free property..... Any one else in a similar situation?

    submitted by /u/jennycryptolady
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    Sell second house for $170k equity and buy Bitcoin?

    Posted: 13 Oct 2021 08:19 PM PDT

    I'm in my early 30's and I could sell my only other property besides my current residence and make $170k after tax. I could pull out that equity and put it in Bitcoin.

    Alternatively, I could keep it and it would cash flow at ~$450/mo. Also, I make ~$160k/yr.

    Why would you all do?

    submitted by /u/foundonabike
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    Russian President Vladimir Putin: Bitcoin Has ‘Right to Exist’

    Posted: 14 Oct 2021 05:02 AM PDT

    The China ban was a gift to Bitcoin

    Posted: 13 Oct 2021 07:40 AM PDT

    I did it!

    Posted: 13 Oct 2021 06:13 PM PDT

    I just bought .00058833 BTC!

    submitted by /u/Jonnytan713
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    My investments locked at the bank

    Posted: 14 Oct 2021 01:52 AM PDT

    This morning I've learnt that most of the savings in Amazon, Facebook, Nokia stocks that I've worked hard to earn in my twenties got effectively "locked" at the bank. I thought it only happens in shithole countries. Boy! I was wrong.

    I am a Finnish citizen (dual citizenship) currently living in the UK. Brexit's trading limitation for persons with a UK residency – effect 1st of January 2021 meant that I can no longer use online banking to sell my investments.

    I called the bank today and learnt that the effective fee for making a sale has increased 210% to an upward of 1000% because sales must now be done manually. The current fee is 2% of total value or a minimum of 168.9 Euros/ transaction.

    A 300 Euros investment in Nokia would cost 168.9 Euros to sell, a whooping 56.3%. What the fuck!

    As a customer, I was not informed about this in advance. Now I have two choices: Have my investment locked forever in this bank or pay the 20x fee to get out of my investment (close to 1000 EUR fee to make 5 sales).

    To add insult to injury if I had moved my investments into fucking BTC when I moved from Finland to the UK I would have sit on a million worth of BTC now. Of course I'll pay the right amount of UK tax if I decide to cash out, not fucking 56% though.

    To think Europe is one of the most developed places on earth when it comes to banking and customer rights!

    submitted by /u/JunoKat
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    r/Bitcoin is the only crypto sub where you can be in the middle of a bull run yet everything and everyone acts normal. The amount of online users doesn't grow because of a pump either.

    Posted: 13 Oct 2021 06:58 PM PDT

    No moon emojis, no stupid shitposts... Talk about a mature community!

    submitted by /u/Professional_HODLer
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    5 Months After China Banned Bitcoin Mining, America Leads Network Hash Rate With 42.7%. And it is just the beginning. America will continue to dominate Bitcoin mining in the future.

    Posted: 14 Oct 2021 03:05 AM PDT

    New ATH incoming!

    Posted: 13 Oct 2021 07:27 PM PDT

    Miami mayor announces plans to move forward to pay city employees in Bitcoin

    Posted: 13 Oct 2021 07:08 AM PDT

    Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin

    Posted: 14 Oct 2021 05:50 AM PDT

    Bitcoin to the moon, Boomer regret meme compilation 2021

    Posted: 14 Oct 2021 06:17 AM PDT

    I shouldn’t have to pay any tax to the government on my gains…

    Posted: 14 Oct 2021 06:16 AM PDT

    The money I invested was post income tax deductions from my paycheque. I already paid them tax. I already pay a slew of other taxes on my property and everything else I buy. They had nothing to do or in any way facilitated my risk tolerance or action of investing in a highly volatile but rewarding asset class. Therefore, I do not owe them anything.

    submitted by /u/MK8390
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    Bitcoin could trigger financial meltdown, warns Bank of England deputy

    Posted: 13 Oct 2021 11:27 AM PDT

    Fed’s Embarrassing Ethics Scandals Spur Calls for More Oversight

    Posted: 14 Oct 2021 06:05 AM PDT

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