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    Bitcoin Daily Discussion, November 06, 2021

    November 06, 2021

    Bitcoin Daily Discussion, November 06, 2021

    Daily Discussion, November 06, 2021

    Posted: 05 Nov 2021 10:05 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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    In 2013 a college student held up a sign that said "hi mom send bitcoin" at a college game day taping, he received 22.4 bitcoins.

    Posted: 05 Nov 2021 04:19 PM PDT

    Saw these Bitcoin themed chocolate coins for sale, at a shop in the UK. Good to see!

    Posted: 05 Nov 2021 05:17 PM PDT

    If BTC was sent to an address before it was generated, could a newly created account have BTC from the start?

    Posted: 05 Nov 2021 04:44 PM PDT

    I was daydreaming about a person 50 years from now that is gonna generate a new wallet and freak out when they realize they won the fucking jackpot!

    How likely is this to happen? Has it ever happened yet?

    Satoshi said "Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone." Does that mean that when you accidentally sent bitcoin to a non-existent address you just donated to the future bitcoin billionaires lottery?

    submitted by /u/stephend9
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    I'm a doctor in Egypt and want to accept Bitcoin

    Posted: 05 Nov 2021 03:29 PM PDT

    How can I start accepting it ?

    submitted by /u/PretendJackfruit9113
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    The new bill has a 1% surcharge on corporate stock buybacks. Microstrategy is ahead of the curve, this incentives companies to buy Bitcoin instead of thier own stock.

    Posted: 05 Nov 2021 02:54 PM PDT

    https://www.cbsnews.com/news/budget-reconciliation-bill-build-back-better-act/

    Under Mr. Biden's proposal, a 15% minimum tax will be imposed on corporate profits that large corporations report to shareholders, as well as a 1% surcharge on corporate stock buybacks. Those provisions would raise $450 billion in new revenue, according to the White House.

    submitted by /u/hyperinflationUSA
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    Google invests $1 billion in exchange that trades Bitcoin futures

    Posted: 05 Nov 2021 03:39 PM PDT

    Think of Bitcoin as your savings account that won’t lose purchasing power over the coming years.

    Posted: 05 Nov 2021 09:56 PM PDT

    Now that Bitcoin may be expensive for some (arguable), it is important to look at it slightly differently. If you need to save money (a couple hundred here, a few hundred there type of thing) over long periods (a few years or more), where would you put it? Where is the safest place for you to store your money over long periods and not worry about inflation?

    submitted by /u/FutureNotBleak
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    Square generates $1.82 billion in revenue with bitcoin in the third quarter

    Posted: 05 Nov 2021 05:21 PM PDT

    House Approves $1 Trillion Infrastructure Bill, Sending to Biden’s Desk

    Posted: 05 Nov 2021 09:49 PM PDT

    BITCOIN ONLY | Twitter & Square CEO Jack Dorsey Will NOT Be Supporting Crypto | Instead Mentions Several Bitcoin Projects in The Pipeline on Square Q3 Earnings Call | Nov 4th 2021

    Posted: 05 Nov 2021 06:20 AM PDT

    Tampa Mayor to reportedly accept paycheck in Bitcoin

    Posted: 05 Nov 2021 09:03 AM PDT

    The Navajo Nation Is Mining Bitcoin With Sustainable Energy

    Posted: 06 Nov 2021 02:18 AM PDT

    Stories - Loss

    Posted: 05 Nov 2021 02:32 PM PDT

    It didn't mean much at the time - Bitcoin was only $50, and I only had 0.5 BTC to my name. My interest in BTC was, sadly, due to anything but "the tech." At age 25, as I was preparing to exchange my remaining BTC for something that would allow me to disconnect from reality, I got the phone call: my older brother had died unexpectedly.

    My brother Max, among the most kind and caring people I have even known, suffered a psychotic break in his late 20s, and our mental healthcare system - or lack there of - completely failed him.

    He has left separate notes for each of us, which my mother read to me. Mine was two sentences: "I love you, nomjs. Live purposefully and with abandon; do not succumb to the temptation of a thin life; you are capable of great things."

    I did chuckle through the anguish that someone who just committed suicide (and abuses semicolons) had provided the ultimate example of "do as I say, not as I do."

    But nonetheless, these final words - for some reason I honestly can't explain - led me to bitcointalk.org. Maybe it was the first place my brain thought of to find meaning because I was in the middle of a transaction? I had perused it once before, but found the more passionate posts about the ills of central banking and the promise of digital hard money to be more fanciful than anything.

    And then I went way back to read Satoshi, Finney, and co. These men were not leading a thin life - they embarked on what must have felt like a quixotic quest to change our money because it was the right thing to do. Period. And knowing that these conversations were at the root of a revolution… I had found my muse(s).

    I had also found my cause. And after I rooted myself in Austrian economics, software development, and cryptography, the real journey began… /1

    To Max.

    submitted by /u/nomjs
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    (Video) The Buy Bitcoin sign was shown during Yellen's testimony to Congress in 2017 with a price of $2,329.

    Posted: 05 Nov 2021 06:00 AM PDT

    U.S. SEC Reportedly Reviewing Grayscale's Application to Convert GBTC into a Bitcoin ETF

    Posted: 05 Nov 2021 01:31 PM PDT

    A message to everybody talking about taking "profits"

    Posted: 05 Nov 2021 04:37 PM PDT

    I'm into bitcoin since 2016 and the most important thing I learned is to have a longer outlook. A different perspective than the short-term fiat profits that 95% of the people here seem to be interested in. This perspective has not come naturally to me. I made a lot of stupid mistakes, a lot of ICO Shitcoinery and a lot of learning along the way.

    You shouldn't feel bad for taking profits if your game is to accumulate more fiat. Just remember that you now have fiat and not sound money like BTC or gold. Fiat will increasingly come under pressure in the next decade. I found it to be a relief to be part of a new Bitcoin standard and not see it as a game or a casino to get more dollars. What I would do is put some of your "profits" in BTC (and maybe some gold) and don't look at the fiat price. Just keep it there for the next decade(s). I know from experience that this is more difficult than it sounds. I've seen a minus 85% in my BTC in 2018 and I'm mentally preparing myself for another big downturn. I have been freaking out a little less every time it happens, till I honestly don't care that much anymore for monthly fluctuations. I see it finally as part of the process towards a new monetary system. Learn to be a Stoic around volatility. You will feel like a fool when (or if) the world changes in the next decade and you had the chance to be one of the first people in history to have real money but you sold it for bad money.

    submitted by /u/pseudepigraphical
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    Is it bad to keep all my Bitcoin in coin base for holding?

    Posted: 05 Nov 2021 05:30 PM PDT

    I'm a college student who puts maybe 25% of what I save into Bitcoin. So far I have accumulated about $1500 in Bitcoin, but I just buy it on coin base and keep it there to appreciate. I am not great with computers and I don't really know how to make a wallet to have it on my hard drive. What are the pros and cons of just keeping what I buy in coin base as a portfolio? Thanks.

    submitted by /u/Mr_Mi1k
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    Bitcoin can't be censored

    Posted: 05 Nov 2021 07:17 AM PDT

    Four US Mayors Have Started Flexing Their Bitcoin Paychecks

    Posted: 05 Nov 2021 11:25 PM PDT

    Taproot is almost here, one of Bitcoin’s most significant upgrades in years

    Posted: 05 Nov 2021 08:39 AM PDT

    BAM!

    Posted: 05 Nov 2021 08:02 PM PDT

    Bitcoin is Generational Wealth - A Short Film

    Posted: 06 Nov 2021 12:28 AM PDT

    Stock to Flow is the best price predictor for Bitcoin in use today. Change my mind.

    Posted: 05 Nov 2021 06:07 PM PDT
    Read more
    at

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