submitted by /u/ComfortableSwimmer92
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Saturday, 18 December 2021
When my boomer cousin asks for advice on investing in Bitcoin
things must still be bullish. We're talking about a die hard Warren Buffet fan. She advised me strongly against it years ago. I had an hour long phone call with her. Doing my part.
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Huge for adoption: 20% Discount if you pay with Bitcoin on Elektra (one of the largest retail-store chains in Mexico).
Also, they are planning to implement LN in the near future and right now already are giving 20% discounts if you buy using Bitcoin.
Infosel, December. 16.- Group Elektra (MX :), a financial and commerce services company, will include as a payment method for purchases made on its online portal, making it the first retail chain in Mexico to accept cryptocurrencies in its operations.
The store, by way of introduction, launched a discount offer of up to 20% on the first purchase with payment in bitcoin, which will be valid from December 16 to 31, it indicated on its online portal.
“The rumors are true, @ElektraMx is the first retail store in Mexico that allows purchases with bitcoin,” wrote Ricardo Salinas Pliego, president of the conglomerate Grupo Salinas, to which the chain of retail stores belongs, on his personal Twitter account.
The Mexican businessman is one of the most visible Mexican figures that supports the use of cryptocurrencies, considering that it has advantages such as easy storage, zero cost of transportation, and the possibility of free exchange internationally.
Sources:
https://today.in-24.com/business/740649.html
https://thegoaspotlight.com/2021/12/16/elektra-de-salinas-pliego-accepts-bitcoin-in-mexico-2/
https://www.yahoo.com/now/grupo-elektra-plans-bitcoin-lightning-133000683.html
https://beincrypto.com/grupo-elektra-plans-bitcoin-lightning-network-support/
More complete (in Spanish):
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Dream a little harder
When I was young, I never dreamed that there could be this one thing I could do which would break me free from what I’d seen my parents suffer through. I now realise going to school was just priming me for the 9-5 daily grind which is designed to lock you into an unhappy existence until death. The along came Bitcoin. Thank you Satoshi.
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Friday, 17 December 2021
Matrix Star Keanu Reeves Talked About Cryptocurrencies and Metaverse
Keanu Reeves has stated that he has cryptocurrency, which was purchased for him by a buddy some time ago. “Yeah, I have a little hodl,” he said. The well-known actor also spoke about non-fungible tokens (NFTs) and the metaverse.
You can find full interview here.
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source https://www.reddit.com/r/btc/comments/rhyh55/matrix_star_keanu_reeves_talked_about/
Btc & Great reset ...?
I see more and more talk about "potential" cyber attack on financial institutions, and few days ago 10 countries had a "simulation" if that happen how to answer...
My question is what will happen to btc/crypto..?
Is btc safe on hardwere wallet ?
I quess exchanges, defi pools would take a hit..?
Intersting is the same thing happen with covid, predictions it will happen, simulation if happen what to do...3 month latter sht happen...so i'm worried for my investment because well "conspirecy" till is not.
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Thursday, 16 December 2021
What is your opinion？？？
If you are fascinated by every word of Powell and/or neck twitches, then you are at a deadlock in the #fiatworld. You may have some #bitcoin now, but I am 99.99% sure that you will sell it at the absolutely wrong time. This is always, anytime!
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source https://www.reddit.com/r/btc/comments/rhcrij/what_is_your_opinion/
BCH price
Is anyone else down bigly at current levels? I got a bit excited when we were over $1k in May, bought a lot and have been averaging down since. Currently holding 101 BCH and down about 40%. Can hold for years if necessary but just wondering if anyone else is in the same boat because misery loves company.
Cheers, wsb_yolos
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source https://www.reddit.com/r/btc/comments/rh8wrh/bch_price/
Future Bitcoin billionaires, what disease would you cure!?
So recently I was diagnosed with Iga Nephropathy, a kidney disease that gets progressively worst, it’s the worst! But truly it amazes me there isn’t a cure, and it all seems to come down to funding. If my holdings made me an obscene amount of money it would probably only take a good chunk to create a cure/therapy or otherwise and solve this disease that affects a lot of people, if the money went to the right places. What would you cure? Or what other issue would be your passion to solve if you became that rich?
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Confirmation Requirements
I sent BCH to a recipient who requires at least one confirmation. I sent it 25 minutes ago, still no confirmations though.
The explorer estimates the confirmation to complete around the 32 minute mark...
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source https://www.reddit.com/r/btc/comments/rh5ql7/confirmation_requirements/
Wednesday, 15 December 2021
Why you need privacy coins
It is becoming increasingly common for criminals to rob cryptocurrency owners. This is greatly incentivized by the transparency of the most widely used blockchains, which allow you to know exactly the balance on the victim's wallet.
This shows even more the importance of so-called "privacy coins", such as Monero, and its meme version Wownero.
https://www.msn.com/en-us/autos/news/an-entrepreneur-told-police-he-was-tortured-for-several-hours-by-masked-criminals-attempting-to-steal-his-bitcoin-millions/ar-AAQpDdP
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source https://www.reddit.com/r/btc/comments/rgd7or/why_you_need_privacy_coins/
Make btc doing nothing by selling WiFi bandwidth or data bandwidth
Make money by selling you're mobile data or WiFi data that you don't use for VPN. Make £1.55 a day with Android, windows or Mac.
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source https://www.reddit.com/r/btc/comments/rgev64/make_btc_doing_nothing_by_selling_wifi_bandwidth/
Funny question, how to be a whale
Saw a post "How to Become a Whale".
How to become a whale, the first requirement is that you are already a crab, if you are not even dried shrimp, how to become a whale?
Someone can earn $1,000 for $100. Someone can use 1 million U.S. dollars and earn 10 million U.S. dollars. But have you ever heard of using 100 dollars to make 1 million dollars?
One's own strength is an important factor.
Why do many people wait and see the market but dare not enter, because they are the holders of US$100.
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source https://www.reddit.com/r/btc/comments/rgefa8/funny_question_how_to_be_a_whale/
Dollar Cost Averaging
I think I found the first reference to dollar cost averaging in the Bible:
“Dishonest money dwindles away, but whoever gathers money little by little makes it grow.” Proverbs 13:11 NIV
Bitcoin >>> altcoins, even God knew that 2000 years ago…
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Tuesday, 14 December 2021
I'm going to say **unequivocally it is NOT safe to use Coinbase** Even with 2FA enabled your account is subject to catastrophic loss because they do not required a 2FA code to DISABLE 2FA
What this means is, its trivial for someone who has hijacked your session to disable 2FA and drain your account.
Coinbase will not offer support in this scenario either they'll apologize and offer canned response and maybe offer to work with police if you pursue an investigation. Yes all your money will be gone and they WILL NOT help you.
Someone posted this question in the mentor monday thread and I figured I'd let everyone know the dangers.
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Monday, 13 December 2021
Bitcoin will outperform the entire crypto space soon. Who else thinks this is a plausible theory.
There are two types of people in this space, those here to change the world by supporting the advancement of sound money and sound finance for the modern age, and those that are trying to get rich quick.
I see so many people complain bitcoin was the worst performing crypto asset of 2021 and that has made them abandon bitcoin to spray 100 small bets at 100 different projects hoping to hit a 1000x return in a few months. They have left the mission of sound money to try and get rich quick.
What if this is a natural mechanism to separate the people that believe in sound money from the get rich quick crowd. Inflation is rising, Interest rates are rising, we are closer than ever to the start of the great global debt crisis of the 2020s. This will cause many asset classes that are reliant on debt and speculation to crash while sound money and scarce commodities rise. This would imply the speculative side of crypto would get hit hard along with bitcoin initially, but bitcoin being the hedge against a financial crisis that it is would eventually go on to become the single best performing asset on earth in the face of a financial crisis worse than 2008.
Everyone currently abandoning bitcoin for alts in order to try and get rich quick will get poor fast, and everyone who stayed true to the mission of sound money for the world will be on the right side of this trade. This is a natural mechanism that rewards those who believe in the mission of sound money and punishes those trying to use this space to just get rich quick. Like Michael Saylor says, "right now everyone is overestimating alts and underestimating bitcoin", I think he may be proven very correct.
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CRYPTO
submitted by /u/MYBEN1010
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source https://www.reddit.com/r/btc/comments/reurta/crypto/
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source https://www.reddit.com/r/btc/comments/reurta/crypto/
Sunday, 12 December 2021
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Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
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