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    Bitcoin Daily Discussion, December 12, 2021

    Bitcoin Daily Discussion, December 12, 2021


    Daily Discussion, December 12, 2021

    Posted: 11 Dec 2021 09:03 PM PST

    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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    “The only legitimate risk to Bitcoin is a black swan event“ “Has it been hacked? No, it hasn’t been hacked. Is it going to be banned? No, it’s not going to be banned. Can it be copied? We copied it ten thousand times. Every copy has failed.”

    Posted: 11 Dec 2021 05:30 PM PST

    3 Major Attacks on Bitcoin This Year, And We're Still Crushing every Other Investment on Earth

    Posted: 11 Dec 2021 03:38 PM PST

    1. China Full Ban, forcing a miner migration that should have hurt the global network, but didn't
    2. "The Infrastructure Bill" written by central banksters, for the central banksters, legislation that includes a provision that creates new reporting requirements for many participants within the blockchain industry, designed to slow down adoption, public trust, and regulatory compliance.
    3. SEC backs Futures ETFs and kills any Spot ETFs. Gary Gensler is clearly on the take, and is working for the central banksters on this one. He's not a very good liar. May be getting blackmailed, or just sold Bitcoin out for cash, but either way he is working against Bitcoin's best interests. Since this passed October 19th, Bitcoin has tanked, after the initial ETF investment spike.

    Any one of these would destroy a lesser crypto, but all this can do is slow Bitcoin down, to an extent. Still up over 65% this year, but with this much headwind, Bitcoin wasn't allowed to operate in a free market in 2021. These were all done deliberately to slow Bitcoin's growth and value.

    The good news is Bitcoin is still growing at a healthy rate, exchanges are seeing supply shrink, and next year, there will be plenty of SEC filing from top corporations and brands revealing their Bitcoin stacks, spurring another round of bull runs for 2022. This will happen in Q1 of ever year, so don't get used to the outdated idea of Bitcoin winters. Bitcoin has evolved past that part of its growth curve.

    submitted by /u/TheFutureofMoney
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    Bitcoin Hash Rate Reaches A New All Time High In December 2021!

    Posted: 11 Dec 2021 06:52 PM PST

    Not your keys, not your sats! Don't HODL your Bitcoin at any exchange. - The search is on for $50m in lost cryptocurrency after two Australian exchanges collapse

    Posted: 11 Dec 2021 11:42 PM PST

    I don't understand why people sell Bitcoins for Inflated $Dollars?

    Posted: 11 Dec 2021 03:52 PM PST

    Inflation is 8% now. Some say its much higher than this.

    Bitcoin is deflationary so why people take risk of selling bitcoins for possible hyperinflated $dollars Jack Dorcey said?

    If Fed don't raise interest rates high enough to tame inflation then inflations gets out of control right?

    Why the DXY Dollar index is performing well in a high inflationary environment? Is it because the other fiat currencies compared to the dollar are much worse and more devalued than the $dollar?

    If bitcoin goes to $100k next month and we sell at the top at $100k and 2 weeks later the $dollar collapses loses value then the sellers are screwed right? Can the collapse of the dollar cancel the bear market following the $100k top?

    submitted by /u/very_452001
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    55% of Bitcoin hodlers have entered this year, says survey

    Posted: 11 Dec 2021 06:13 PM PST

    Long term doubter of crypto

    Posted: 11 Dec 2021 06:25 PM PST

    But... I just got on board with 0.014 BTC. Sometimes you just need to accept you're wrong. I'm going to DCA to 10% of my portfolio

    submitted by /u/Long-john-silver1
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    The repugnant level of seizure on property.

    Posted: 12 Dec 2021 01:15 AM PST

    A quick look at Bitmask 0.0.2 which supports Taproot and RGB

    Posted: 11 Dec 2021 09:08 PM PST

    Buying Something With BTC

    Posted: 11 Dec 2021 08:13 PM PST

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