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    Bitcoin Daily Discussion, January 28, 2022

    January 28, 2022

    Bitcoin Daily Discussion, January 28, 2022

    Daily Discussion, January 28, 2022

    Posted: 27 Jan 2022 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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    Food for thought

    Posted: 28 Jan 2022 05:08 AM PST

    Yeah fuck you

    Posted: 28 Jan 2022 12:34 AM PST

    US Gov't is about to invest in bitcoin. Putin just "directed the Central Bank of Russia not to neglect the advantages of Bitcoin mining." Biden's executive order of national security is not to regulate bitcoin. It's to buy bitcoin in the name of national security. My source is my ass.

    Posted: 28 Jan 2022 05:58 AM PST

    Putin Says Russia Has a "Competitive Advantage" in Crypto Mining

    https://finance.yahoo.com/news/putin-says-russia-competitive-advantage-062306145.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEdMgz7b-3mB8WxywAAY3cxLPugez7EgoPJGRBTZVb5AWx9u4GGZjfaOlOdMK9sBrX3mbBexVwZ-0C8sb0bbtgDBCSlChh31o97r4OuelL795QU4DlInpJkAB7Uq8XnszohHbyYYVqki__Aro6EAhatDxC1BdLmZhO_lBp3WcOJl

    Putin said, "The central bank does not stand in our way of technical progress and is making the necessary efforts to introduce the latest technologies in this area of ​​activity." The US has no choice but to allow bitcoin.

    My conspiracy theory:

    After Putin said for the Russian Central banks to mine bitcoin, Biden's military advisers gave the green light for Biden to issue an exec order is to print money to buy bitcoin. It will also to start building nuclear power plants to mine bitcoin.

    Logic and game theory dictates this action.

    submitted by /u/baronofbitcoin
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    Look at this clown

    Posted: 28 Jan 2022 12:07 AM PST

    Trezor does and about turn on their decision on AOPP "We will remove AOPP in our next Trezor Suite update in February. "

    Posted: 28 Jan 2022 08:17 AM PST

    Even if today seems like the worst day of your life a couple of years from now, you will see it was literally just a bump on the road

    Posted: 27 Jan 2022 01:33 PM PST

    $BTC Balance on Exchanges just reached a 3-year low! This means that people purchase and withdraw coins to cold wallets. We believe that this is a positive metric.

    Posted: 27 Jan 2022 07:54 PM PST

    Shitcoins were predicted in 2010!

    Posted: 27 Jan 2022 01:15 PM PST

    Trezor is about to implement the AOPP. I’ll never recommend or buy their products again.

    Posted: 28 Jan 2022 12:33 AM PST

    Joined full node gang, funds are safu

    Posted: 28 Jan 2022 07:25 AM PST

    My Raspberry Pi 3 had been catching dust, so I have:

    Some pics to impress ladies :)

    Good luck & take care!

    submitted by /u/Sixkillers
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    The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin as a matter of national security

    Posted: 27 Jan 2022 12:55 PM PST

    This guy predicted the price of bitcoin almost exactly for the last few cycles… what a legend

    Posted: 27 Jan 2022 10:02 PM PST

    Bitcoin isn't a right-wing plot. It's inclusive by design despite what critics say.

    Posted: 28 Jan 2022 04:08 AM PST

    IMF

    Posted: 27 Jan 2022 04:40 AM PST

    Texas Governor Seeks Bitcoin Miners’ Help To Solve Electrical Grid Problems.

    Posted: 28 Jan 2022 02:01 AM PST

    I wrote an open letter to Nayib Bukele on Twitter after spending 4 days in El Salvador���� an hour later he retweeted me, a random Bitcoiner who shared his opinion. It’s a few minute read but my genuine thoughts after spending some time there.

    Posted: 27 Jan 2022 04:15 PM PST

    Fix the money. Fix the world.

    Posted: 28 Jan 2022 03:33 AM PST

    "Bitcoin clearly got caught in the liquidity storm that is now sweeping the more-speculative side of the stock market. But unlike non-profitable tech stocks, Bitcoin has a fundamental underpinning that will likely get more compelling over time" -Jurrien Timmer, Fidelity’s director of Global Macro

    Posted: 28 Jan 2022 08:47 AM PST

    Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto

    Posted: 28 Jan 2022 09:39 AM PST

    salvadorean living in germany does visit to el salvador to test BTC implementation. this is what happened.

    Posted: 28 Jan 2022 06:39 AM PST

    hello everyone.

    i am finally visiting el salvador after 4 years. i was eager to check how btc was implemented and buy pupusas with : p . i got to start to say that i am an IT guy in germany. i am btc gold and silver hodler. my purpose with this text is to give you my experience here as local and really realistic. just as it is.

    after i arrived at el salvador i installed the chivo wallet. one cant from europe. the process to create the account is straight forward. simple and easy. sadly after many attemps the app could not validate my identity.

    i went the next day to a chivo support location. it was well located at the center of the city. they tried the process and kept failing. then they opened a ticket and i had to wait some hours to receive a message confirming it was fix. and indeed i was capable to finish the process and saw the 30 free dollars the government grants as gift.

    the next day i looked for a place to spend btc in the capital and 2nd bigger city in el salvador. the truth. to this day. very few stores accept btc. mostly is accepted by big names or store chains.

    i tried to pay cinema 1st and it was not posible. the app threw an error saying my funds were only to be spent on commercial locations. well. it didnt make any sense and i had to pay with fiat. after that i went to eat piźza and when paying. now the app said i had no funds....

    these government funds block are programmed not to work. my cousin was with me. so we got an idea. i transfered all the satoshis to him. to make sure i dont own those crappy funds and block my wallet. and fortunatelly he was able to use those funds to pay from his wallet.

    for paying with btc here you got to tell the stores in advance. sometimes one has to pay at a different window. so far the process seems slower than fiat and a little inconvinience. but it is in my opinion still acceptable.

    what is not acceptable is the app not working. nonetheless the design and simplicity is top. i like it.

    after match: i was thinking about transfering 20 btc euros from binance to test if it would finally work for payments and how long it would take to get the funds in the wallet. i have hear bad experiences regarding this.

    while checking the app i stumbled on the policies. yes. i am the guy who reads these things. what i found shocked me.

    the app is not owned the the government. but a private company. i found out the president created this mask company instead of using the central bank of el salvador. not only that. he is giving public funds to this company to do everything.

    also shoking is that the company has access to ids and personal data from salvadoreans without consent. it is very easy to supplant the identity on this app. you only need a copy from the id. there are many cases of the 30 free dollars getting stolen. also people using someone else identity will create transactions and put you on tax troubles.

    the policies of the app remove all responsability from chivo sa de cv, the company, so whatever happen to the app. server. funds. identity. wallet. etc. you lose.

    many people warned me the president was on something dark with the btc implementation. i wanted to try it and investigate myself. now i see it clearly.

    at the end i uninstalled the app. there is no option to close the account. wallet and stop them to access my personal data.

    i am sad this is the result at the end. as fan of liberty, btc and the work of that guy who worked the implementation at el zonte. it is quite disappointing.

    best regards,

    geogiam

    pd: i apreciate ideas. questions and more information. as stated it is not a tourist experience neither i have experience. also i dont move on lower income sectors of society. it is completly the opposite.

    i go to big stores. malls and cities. these are formal commerce and must declare taxes. they wont trade in black.

    people that surrounds me does not need remesas, they got no problems with banks or cc, neither eat on the street.

    that is why i am thinking btc was not implemented for this people. they dont need it.

    i will try the ln wallet and go somewhere else and keep asking.

    at least i am clear chivo wallet is not good with such policies and problems and.... i got free pizza from papa jones. : d

    submitted by /u/geogiam2
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    Tesla Records 2nd Profitable Year, Still Holding 42,000 BTC

    Posted: 28 Jan 2022 03:14 AM PST

    All in, Every dip

    Posted: 28 Jan 2022 09:52 AM PST

    Reminder: Reject The Financial Action Task Force

    Posted: 28 Jan 2022 05:48 AM PST

    Imagine being the President and finally understanding the correlation between scarcity, inflation, and the power to create dollars… Then issuing an executive order to buy BTC…

    Posted: 28 Jan 2022 07:50 AM PST

    DON’T! …there’s digital gold!

    Posted: 27 Jan 2022 05:43 PM PST
    Read more
    at

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