Crypto 360°: 2022

Saturday, 31 December 2022

Possible bitcoin flash crash new years Thought experiment

I mean everyone is hammered and distracted probably not thinking about a flash crash of bitcoin. Could be the perfect time for the world economic forum to strike. Hack exchanges or hack the algorithm that controls price of bitcoin and send it to 0. Set those buy orders for 0.05 cents cause santa is coming for round 2. Imagine while the world is drunk, they crash bitcoin systematically through a massive short attack/ hack/ coordinated selling by institutions to drop bitcoin to nothing.

It could work if the exchanges of the world banned together to cause this event.

It was just a thought. Just wanted to share it.

I mean the story could spin it as millions loose bitcoin in massive exchange coordinated hack. Bitcoin algorithm hacked and bitcoin sent to 0.01 cents briefly during the new years party. Bitcoin not trusted is this the end of crypto? I mean the bitcoin github repository is there open for all to see. It could be possible someone is sitting on an exploit waiting for the world to be distracted. If this happens it wasnt me.

But maybe just sent buy orders for bitcoin at 0.10 cents usd Please. Just trying to help yall before they do what they do.

Also this isnt just bitcoin but all crypto.

submitted by /u/steveo199
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source https://www.reddit.com/r/btc/comments/zzeqrf/possible_bitcoin_flash_crash_new_years_thought/

“we accept payments with cryptocurrencies” seen in Tenerife, Spain.

submitted by /u/mljsimone
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SBF's Massive FTX Fraud shows what "Regulation" of Finance really means

The story of Scam Bankrun-Fraud and how he managed to steal $16 billion in plain sight, right under the noses of the highest levels of the US government, has exposed the complete capture of so-called regulatory agencies in the USA. In recent news, we've heard that SBF met with White House officials only 2 months before FTX imploded, and "politics were not discussed". SBF donated $100M+ to Democrats and $20M to Republicans. SBF also met with Fed officials, Tony Blair, Bill Clinton, Maxine Waters, and hundreds of other billionaire elites. SBF hired former US government regulators to monitor FTX finances and pipeline approvals at the SEC and CFTC. Sam even met with Gary Gensler, the head of the SEC, which is the financial body tasked with regulating crypto markets (it didn't matter at all that SBF's dad had taught Gensler at Harvard). SBF was the MOST vocal advocate of crypto regulation on the Internet, in fact only a few weeks before FTX went kablooie he proposed what was basically a total government takeover of all crypto markets.

Now we know that FTX was a complete fraud from day one, yet somehow we're to believe that not one government regulator, lawmaker, judge, president, financial executive, or lay person with a shred of common sense knew this. The MOST REGULATED crypto exchange in the world was the MOST CORRUPT. This is because "regulators" don't actually do anything other than occasionally prosecute someone who didn't pay off the government. Do you notice how Citadel illegally front-runs stock trades, JP Morgan illegally rigs precious metals prices, HSBC launders billions for drug cartels, and Goldman Sachs is generally a vampire squid on the entire world's economy, yet these blatant crimes are never prosecuted? FTX is the latest in a long line of pay-to-play financial scams, which had the explicit backing of the US government. "Regulation" of crypto markets will only corrupt them further.

As Upton Sinclair said, “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

Sources: https://www.latimes.com/politics/story/2022-08-12/sam-bankman-fried-ftx-political-donations

https://www.latimes.com/politics/story/2022-12-26/sam-bankman-fried-cftc-sec-revolving-door

https://droptown.io/latest-news/regulation/sbf-met-with-bidens-senior-advisers-2-months-before-ftxs-collapse-report/

submitted by /u/wtfCraigwtf
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source https://www.reddit.com/r/btc/comments/zzc0ve/sbfs_massive_ftx_fraud_shows_what_regulation_of/

bitcoin recovery question

I have a question about seed phrases as a recovery method for lost wallets. I don't have a programming background, but if every wallet has a seed phrase not tied to a wallet. then is it not stored somewhere in publicly available code?

If the seed phrase correlates to an encrypted key then how does a verification software know the correct answer? Some Google research didn't bring up any good answers.

submitted by /u/atd592
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KuCoin wallet transfer to btc

How do you transfer KuCoin bep20 btc to a btc wallet absolute noob at this will legit pay for help

submitted by /u/DiscombobulatedMud87
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source https://www.reddit.com/r/btc/comments/zzacs8/kucoin_wallet_transfer_to_btc/

How do you probably secure your Bitcoin from a physical standpoint?

How do you protect your hardware wallet and/or seed phrase from people who may try to physically come and take them? I understand that banks are bad, but how do you responsibly self-custody while keeping yourself safe from wrench attacks and such?

I guess my issue is the “what-if” of the endgame. Imagine every household has a hardware wallet of some kind. In this perfect utopia, you know that everyone self-custodies. What is to stop criminals from targeting affluent individuals to steal their Bitcoin while they’re on vacation or perhaps at the store?

Once again, I respect that banks are usually bad, but I am curious how you maintain your physical and financial safety in a world that assumes you likely have a seed phrase within your home?

Edit: Want to know how I know people have a fear of being physically targeted? Because people still won’t stop talking about Ledger’s address leak and how they might get “wrench attacked” now.

Edit 2: I want to state that I am a strong believer in Bitcoin and I am not trying to create FUD or anything along those lines. I’m just trying to ensure the long-term safety of my family.

submitted by /u/tnel77
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Friday, 30 December 2022

DERO MONERO The Maxis of privacy?

I don’t mean to sound negative with this connotation but recently I’ve found people and communities saying that any other coin that are not DERO or XMR are shitcoins because of different reasons.
I know privacy is very important and I do support private ledgers and complicated encryption but I think that it defeats the purpose that the original satoshi was offering. The idea is for the ledger to be transparent so it can be audited so there is no trickery like in the tradicional financial system.
I think that we shouldn’t be so afraid of the government, so that we can demonstrate that this system would actually work and brings accountability and sound money to the world.

Also from a adoption point of view, I don’t think these privacy coins have the flexibility other coins have to offer, I’ve heard of DERO being super fast but I think that in reality people are going to adopt something more simple and fast, convenient and auditable.

Privacy coins have its uses but I don’t think it’s it’s going to take over the market. I also don’t think that every coin out there but those are shitcoins. It’s a free market and I believe that is what we want right ?

submitted by /u/NathionII
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source https://www.reddit.com/r/btc/comments/zylve2/dero_monero_the_maxis_of_privacy/

Fiji’s new PM sparks hopes of Bitcoin to be a legal tender in the nation

submitted by /u/rollingincrypto
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BITCOIN CASH, a technology far beyond for JUST digital Cash

submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/zyh3sb/bitcoin_cash_a_technology_far_beyond_for_just/

Hal Finney’s Widow Fran Finny Launches Bitcoin Charity for ALS Research to Honor Late Husband

submitted by /u/wmredditor
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Western Union in Central America to accept Bitcoin.

AirPak the company who has exclusive rights to operate Western Union in the region is working with a Bitcoin only company called Osmo to offer their customers to cashout with Bitcoin! https://www.osmowallet.com/

Bit of old news but I didn't know about this until today so thought maybe some others also missed it aswell.

5 Western Unions in the region you can already cash out with Bitcoin!

Plans to expand this to 8000 locations!

If this isn't bullish then I don't know what is.

https://www.nasdaq.com/articles/ibex-mercado-osmo-wallet-partner-to-further-bitcoin-adoption-in-guatemala

submitted by /u/Stromen
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⚡ Lightning Thursday! December 29, 2022: Explore the Lightning Network!⚡

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:

Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html
Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/
Previous threads: Search
Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook
Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt
Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY
Lightning stores: https://www.lightningnetworkstores.com/
Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat

submitted by /u/rBitcoinMod
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Thursday, 29 December 2022

Daily Discussion, December 28, 2022

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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Frida Kahlo's Artistic and Personal Connection with Xoloitzcuintles | Xolos Ramirez

submitted by /u/XolosRamirez
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source https://www.reddit.com/r/btc/comments/zxj3jv/frida_kahlos_artistic_and_personal_connection/

Bitcoin Will Stay as the Best Digital Store; Predicts Dan Held

submitted by /u/Glass_Pace_2200
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source https://www.reddit.com/r/btc/comments/zxgxh8/bitcoin_will_stay_as_the_best_digital_store/

Wednesday, 28 December 2022

peter schiff btc is inevitable

submitted by /u/conspiratorfinancial
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Marcelo Fleischer at Bitcoin Cash 2022 - The Electronic Cash Conference held in St Kitts & Nevis

submitted by /u/Ian_Blas27
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source https://www.reddit.com/r/btc/comments/zwpiv4/marcelo_fleischer_at_bitcoin_cash_2022_the/

the peaceful revolution

submitted by /u/conspiratorfinancial
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Orange pill 💊

submitted by /u/hack355
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Crypto should be fully legal in pakistan, it has the potential to save the economic condition of Pakistan. I appreciate the work of Waqar zaka and requesting the Govt of Pakistan to give us our rights to be financially independent! We have no more trust in our executives!

submitted by /u/Mir_aal
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Can i transfer btc from bech32 address to segwit address?

BC1 starting address to 37 starting address?

submitted by /u/Garbouil
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source https://www.reddit.com/r/btc/comments/zwlrzq/can_i_transfer_btc_from_bech32_address_to_segwit/

Tuesday, 27 December 2022

Work n progress btc

submitted by /u/TomEltonArt
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Customers VS Gemini Earn!

How are client of "Gemini Earn" I trusted Gemini and Winklevoss brothers. But I couldn't imagine that they would shield Gemini earn* from Gemini. Even SBF tried to save the company on their own. I am in shock and cannot believe that I have lost access to my deposit. Gemini does not offer solutions on their side, they put all for Genesis*. In NewsBTC, I read an article that says the TG community (@trstvw) members is ready to go to court and regulator to get clients' savings back.I think the brothers should change their policy regards to customers.

submitted by /u/Doris_Bacova
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source https://www.reddit.com/r/btc/comments/zw0g81/customers_vs_gemini_earn/

Bitcoin Halving!

submitted by /u/AdNational7013
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#Nostr means "Notes and Other Stuff Transmitted by Relays"

submitted by /u/sovrynMatt
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Node success. Took about 30 hours. Christmas eve present to myself was a small test transaction I sent .001 the new wallet. Verified!

submitted by /u/VanillaGoy
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BCH Argentina at LiberFest - December 23rd, 2022

submitted by /u/Ian_Blas27
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source https://www.reddit.com/r/btc/comments/zvv5rv/bch_argentina_at_liberfest_december_23rd_2022/

Monday, 26 December 2022

It’s Christmas Day and today marks the first day of DCA into Bitcoin!

Going straight into investing and looking to put a small amount into Bitcoin every month. The goal isn’t to get rich (that’s just a bonus) but most importantly, the ability to be financially free. It’s going to be a long slogging process but guess what, it has be done. Win or Lose, doesn’t matter. No regrets.

Steps taken within the last few hours:

Cold wallet set up with recovery phase (Brought from Trezor Official Website)
Initial purchase of 0.0021 BTC and transferred to cold wallet
Coin - Price you paid per coin - Quantity - Date : All written down

I hope to continue to update on the value of the stack and my recurring DCA. Not here to brag/ I mean what is there to brag with $32 worth of bitcoin, but to inspire the next generation to take control of your money. I’m late to the party but at least I’m here and for me that’s good enough.

Merry F**kin Christmas!!

submitted by /u/RuthlessWolf
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Orange pilling the family at Xmas

During this Christmas I’m orange pilling my family by adding this to the dessert course (chocolate). Hope they appreciate it, because I made them myself with a mold. How are you orange pilling your family? Please let me know in the comments, maybe I can pick up some tips. Enjoy the holidays!!

submitted by /u/DannyHodler
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Easy Bitcoin DCA: Relai vs. 21bitcoin

submitted by /u/mypinis123
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source https://www.reddit.com/r/btc/comments/zv88v6/easy_bitcoin_dca_relai_vs_21bitcoin/

Is it just me or does this Video feel like Bitcoin is talking to someone who bought at the Top

submitted by /u/Funny_Specialist_173
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Inside an Armed Bank Raid in Lebanon

submitted by /u/Bitcoin_Maximalist
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Interesting serial number

submitted by /u/EarlyBird_1597
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source https://www.reddit.com/r/btc/comments/zv3ryd/interesting_serial_number/

Sunday, 25 December 2022

This Metrics Show Interest In Bitcoin Ballooned In 2022 Despite Crypto Winter

submitted by /u/grundlesquatch
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Merry Christmas 🎄

submitted by /u/Dramatic_Tour_9461
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Someone has to do it. #BTC

submitted by /u/TheBTCTherapist
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The light at the end of the bearmarket is visible!

You want to know the indicator? It’s simple: memes.

We haven’t had many funny memes like we used to in the past for quite a while. The vegeta over 9000 meme is a classic for example but we cannot have those anymore understandably.

Our meme game as a community needs to evolve and this evolution is happening before our very eyes. The Dave Chappell intip crackhead meme? Love it! Cracked me up! And just now I saw the other one: printer is coming! (because 1.7 trillion are going to be printed)

Remember that when the darkest point is reached that the stars are glowing the brightest and dawn is near!

Keep your heads up orange pilled warriors!

WAGMI !!!

submitted by /u/schmaleks
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Tor Nodes Crowdfund

While you're supporting your favorite charities this season, I hope you'll remember one who is vital in supporting the Bitcoin network -- Tor.

I've held back from donating to Tor directly because they don't accept Bitcoin, they only take the usual fiat cards. But there is a crowdfund at https://savetor.network/ where you can donate to specific Tor routers, or to a general fund. I just did, and I feel kinda good about it!

Oh, please, no sats. Give them to the crowdfund instead.

submitted by /u/clue5tick
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Saturday, 24 December 2022

Feeling like a btc maxi

Anybody else feel like they’re some kind of Bitcoin maxi when you have conversations with people that know nothing about the technology behind Bitcoin or crypto and think it’s all a scam.

You try to explain simple use cases and why it’s import for people to have access to and often times I’m met with such resistance and love for tradfi that people make me feel like a crazy maxi, when I’m still very new to the Bitcoin space and am learning.

Makes me want to avoid having these types of conversations.

submitted by /u/organisednoise
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Bitcoin X-mas

Last year I gave some members of my family 1.000.000 satoshi each for Christmas. https://www.reddit.com/r/Bitcoin/comments/robxef/gave_7000000_in_gifts_for_christmas/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button

This year they are getting a Coldcard hardware wallet and I am looking forward to hear how many of them held on to their bitcoin and who sold. I will of course disown the members of my family with weak hands.

Survival of the fittest. Merry Christmas out there and let us make 2023 the year of stacking sats!

submitted by /u/Flexo82
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Xmas tree for sale in bitcoin

Was visiting a friend in a little village in Germany, we didn't have enough euros in cash to buy the xmas tree, and he didn't take card, I asked if he would take pound sterling's in cash from the UK. No, but ill take bitcoin, was his reply. This the way

submitted by /u/JimBloc
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Xmas special tonight at 5pm ET - Saylor, Mallers, Saifedean, Alden, Adam Back, Booth, Gladstein, NVK, Livera and plenty more. See you there.

submitted by /u/benperrin117
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HRF Bitcoin Development Fund Grants $325,000 to 12 Projects on 5 Continents

submitted by /u/bitroll
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Daily Discussion, December 23, 2022

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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If this looks like a statement you would make, please comment below. Let’s talk about it

submitted by /u/CurvyGorilla202
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source https://www.reddit.com/r/btc/comments/zto677/if_this_looks_like_a_statement_you_would_make/

Friday, 23 December 2022

I pay my barber in bitcoin

What ways have you/are you using bitcoin as a means of exchange?

submitted by /u/WhiteCrocsGuy
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El Rastro (main flea market in Madrid)

submitted by /u/DaveGCia
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I don’t own xrp but

Since I heard brad garlinghouse mention he only holds btc bch and xrp I felt a lot more confirmation that large money is accumulating bch. Just have to read in between the lines

submitted by /u/StaybizZ
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source https://www.reddit.com/r/btc/comments/zsvl2x/i_dont_own_xrp_but/

Finally accepting BTC through my shop with no middle man 🥳

Im now allowed to receive orders directly in BTC with no institution taking a fee. All BTC goes straight from the customer straight to me. I’m so excited for further adoption of BTC and I’m happy to be a part of that.

submitted by /u/WhiteCrocsGuy
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Falling in love with Lightning Network BTC ⚡

I mean, i just cant wait for mass adoption. I wanna buy my burger with Satoshi, i wanna pay my parking by just scanning my sats. Buying an afternoon ice cream.. I wanna use sats for everyday needs. Been using the wallet for every possible chance for months.

Now i understood why government hates bitcoin and financial clowns fear the real "Money". I think lightning network makes #btc perfect for everyday usage for the average person and the true killer.

I love it and i just hope maybe in 2030 or 2040 or 2050 or no matter how long, i wanna live long enough to witness the satoshi's dream. And at last, i hope, more average person could take more time to understand and love bitcoin like i do. 🪙✨

submitted by /u/parrocat5
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How to Buy NFTs in 4 Easy Steps

submitted by /u/Ebro18
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source https://www.reddit.com/r/btc/comments/zssmyr/how_to_buy_nfts_in_4_easy_steps/

Thursday, 22 December 2022

Spotted in ATX

submitted by /u/ThisTexan
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Do it!

submitted by /u/505hy
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The value of bitcoin.

Fiat (only) has value because it's globally accepted. In the end everyone is going to sell their BTC for fiat to buy the stuff they want...
Why not skip the part about fiat?
We already have gold for store of value and hedge against inflation.

submitted by /u/bitrequest
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Lol, nice news. 3 million out of 1 billion may not be lot, but it is something I guess.

submitted by /u/dananon44
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Any suggestions on using BTC in DeFi? I started off w/ a small amount of BTC.b last week because I saw how popular it’s getting.. thinking of adding more

submitted by /u/Relevant_Till_7851
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source https://www.reddit.com/r/btc/comments/zryv96/any_suggestions_on_using_btc_in_defi_i_started/

A grain of sand for adoption of Btc

I am asking shops, gas stations, grocery, reastaurants etc. wheter they accept Btc as a payment. When the answer is no, I ask why. Although I know most of them do not accept it as a payment I still ask it. I know this is a grain of sand for global adoption but I am trying :)

Do you do anything for Btc? Any efforts in addition to stacking sats?

submitted by /u/No_Abbreviations2568
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How many GBTC pegged to one BTC?

submitted by /u/No_Performance_4069
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source https://www.reddit.com/r/btc/comments/zrwjv0/how_many_gbtc_pegged_to_one_btc/

Wednesday, 21 December 2022

I’m not sure if the average person will ever understand bitcoin

The average person doesn't understand the dollar.

One halvening at a time the price USD will continue to depreciate against bitcoin

submitted by /u/FIAT_IS_TRASH
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Prode World Cup - Qatar 2022 by Bitcoin Cash Argentina - We are pleased to announce that we have completed the first goal of the BCH Argentina Flipstarter.

submitted by /u/Ian_Blas27
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source https://www.reddit.com/r/btc/comments/zqyj3e/prode_world_cup_qatar_2022_by_bitcoin_cash/

Layer 2 Labs Raises $3M to Bring Drivechains to Bitcoin

submitted by /u/SatStandard
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QuadrigaCX's Bitcoin Being Moved to Mixers after "Death" of Founder in 2019

submitted by /u/Kipyegonn
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How can I utilize my lightning node as a pay server? (technical)

At this moment I run my own Bitcoin and lightning node at home using Raspiblitz. I would like to sell products online where people can pay with Bitcoin/lightning using my own node. Just a simple pay button is enough.

The way I see it, is that I have two options:
1. BTCPayserver
2. LNBits SatsPay server

Problem is, that for those services I need some sort of bridge for people to receive the pay link outside my network. IP2TOR is an excellent service for this but unfortunantly this went down because it was unreliable.

My question is: how can I utilize my own node as a payserver? Are there other services that will work? Or do I give the idea up of using my own node and get a cloud node using Voltage?

submitted by /u/Supperdjdodo
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My last tip -- a sad story from The Random Rewarder

submitted by /u/ThomasZander
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source https://www.reddit.com/r/btc/comments/zqw9o3/my_last_tip_a_sad_story_from_the_random_rewarder/

Tuesday, 20 December 2022

Made some lightning gingerbread cookies! These i'm not going to hodl 😋

submitted by /u/Holiday_Pop_6565
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What other crypto currency out there is being adopted as much as BCH?

submitted by /u/NathionII
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source https://www.reddit.com/r/btc/comments/zq5swd/what_other_crypto_currency_out_there_is_being/

The basic economics of why Bitcoin has value

I've been seeing a lot of new people that seem to have no grasp on the basics of economics regarding currency, what gives it value, etc. I posted this as a comment in another thread that didn't get much attention, so I thought I would post it again as its own post to help those who are new to Bitcoin or don't have much understanding of the fundamental value proposition of Bitcoin as a currency.

First you need to ask yourself why the Dollar has any value. Learn a bit about the history of money. The first currencies were commodity money. They derived their value from their intrinsic use. But they were cumbersome to use. So we invented paper money that was backed by commodities such as gold, which could be exchanged for it, and gave it value. In 1972 the US Fed stopped allowing Dollars to be exchanged for gold, making our money fiat money with no backing. Fiat means "command". It is created out of nothing by an issuing authority.

Now think about what the Federal Reserve has been doing, and the effects their actions have had on the economy. They previously lowered interest rates to 0%. Interest rates are the cost of obtaining money. Money that has no cost to obtain has no value, and an unlimited supply. The money supply has been increased by more than 40% over the last 2 years, and much more than that over the previous century. You can view the Fed's own data here: https://fred.stlouisfed.org/series/M2SL . The value of the Dollar over the long term is trending toward zero, along with every other fiat currency. Look at this chart and see how much value it has lost over time. https://www.officialdata.org/us/inflation/1800?amount=1

Most money is already digital. It's just a database in your bank's servers that has names associated with amounts. Less than 10% of the money supply exists as cash. It would be impossible for everyone to convert their electronic deposits into cash. Banks actually create extra money in the money supply when they make loans. Reserve requirements were suspended in the COVID era meaning banks could create unlimited amounts of loans with no reserves at all.

This is stuff you would all learn in an intro Economics class. But it's very fundamental to understanding why any currency has value, or loses its value. Money derives its value from being something that is: fungible, durable, divisible, portable, and limited in supply. The more of these properties it has, the better it is as money. It must serve as a unit of account, a medium of exchange, and a store of value. The better it is at these things, the better it is as money.

Bitcoin has all of these qualities, making it useful as money. It's much more divisible than the Dollar, much more portable, and more limited in supply. Since 2013, the Bitcoin network has not had a major outage or hack despite being an extremely high value target. It is free and open source, with out a central authority. So far, its value has only gone up over the long term despite its high volatility in the short term.

Limited supply is essential a currency's potential as a long term store of value. Many countries have hyperinflated their currencies with disastrous results. Right now around the world many countries are experiencing extremely high amounts of inflation. Learn about what has happened in Argentina, Venezuela, Zimbabwe, Hungary, and many more countries due to hyperinflation. It's a crisis around the world. Almost all the world's countries use fiat currency now. Many people in these countries face authoritarian governments, or do not have access to a stable currency. Bitcoin has obvious usefulness to these people as well as anyone else who wants an alternative to fiat money that will do nothing but lose value over time.

submitted by /u/Future-Iterations
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AMA: 60% of my net worth in Bitcoin

Currently, I'm holding around 8.8 BTC (been holding since Bitcoin was valued at $43k). Been watching Bitcoin plummet over the last year or so, but I refuse to sell because I believe in the future of Bitcoin. At it's current fiat valuation, my Bitcoin holdings are 60% of my net worth and I plan on continuing to buy more Bitcoin. Ask me anything.

submitted by /u/lowiqasian
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Grayscale may return some capital to investors if GBTC's ETF dreams fail: WSJ

submitted by /u/ledonskim754
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Participate in helping appreciate contributors to BCH more - Flipstarter hall of fame/stats - Campaing is already ~88% completed, only 12% more to go

submitted by /u/N____B___
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source https://www.reddit.com/r/btc/comments/zpyza2/participate_in_helping_appreciate_contributors_to/

Monday, 19 December 2022

BNB Smart Chain AKA BSC (but FKA "Binance Smart Chain") isn't even really a blockchain, BNB isn't even really a cryptocurrency

submitted by /u/thenextsymbol
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source https://www.reddit.com/r/btc/comments/zp8shz/bnb_smart_chain_aka_bsc_but_fka_binance_smart/

Qui-Gon or more like Fiat-Gon

submitted by /u/Skyworthe
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Market Analysis from last year to current State

submitted by /u/Some-Championship941
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In Lebanon, people are resorting to bank robbery to access their own money : NPR

submitted by /u/simplelifestyle
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“Anything that can be prevented, taken away, or coerced is not a person’s own — but those things that can’t be blocked are their own.” - Epictetus, Discourses 3.24.3

I wonder what the Stoics would have made of bitcoin?

submitted by /u/seventai
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🎙️Who’s Hungry?

submitted by /u/RiiguyHATESHFUNDS
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Not your keys, not your crypto!

submitted by /u/russnil
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Sunday, 18 December 2022

Crypto exchange Bitvavo says 280 million euros 'locked' at DCG

submitted by /u/Bitcoin_Maximalist
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My short Bitcoin story

The first time I bought some sats was at the peak of the bull run in 2017, because everybody was talking about it. Didn't know anything about Bitcoin and so I also bought a few shitcoins. 6 months later I sold all of my coins with a loss and thought Bitcoin is dead.

Then the next hype started at the end of 2020 and I needed to learn more about Bitcoin. I read "The Bitcoin Standard", watched YouTube videos, listened to podcasts and came to r/bitcoin. All I wanted to do is to learn more about Bitcoin and it fully changed my life (in a good way). So I started to buy Bitcoin every month in February 2021 at about 50k all the way down to 17k today. My average is now at 25k. I'm not sweating anymore when I'm looking at the price, instead I buy more everytime the price drops. The more I know about BTC, the less I care for the chart. I've learned my lession. Bitcoin is here to stay and 1 BTC will always be 1 BTC.

So if you're also started buying at the top, just keep on DCA and hodl in cold storage. And DYOR.

submitted by /u/SeasonsInTheAbyss6
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ELI5: What is MicroStrategy and who is Michael Saylor

submitted by /u/jjaym2
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source https://www.reddit.com/r/btc/comments/zoi6jv/eli5_what_is_microstrategy_and_who_is_michael/

What is Bitcoin for you?

Based on my research from books ,podcasts, videos, articles etc.

Bitcoin is:

A peer to peer way of transferring money without need of a 3rd party
A method of saving that can't be confiscated by the government
A long term (10 years plus) hedge against inflation
Hard money that can't be counterfeit
A pension fund for your retirement when you turn 60-70 yrs old.
A safe way to store value in the long term as long as you keep your seed phrase/pass phrase safe
A way to help improve the lives of people in countries where the government has hyperinflated their native currency (ex. Venezuela, Turkey, Lebanon etc.)
A path to long term generational wealth

How about you? What is Bitcoin for you?

submitted by /u/TheGreatest34567
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