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submitted by /u/ICOffender [link] [comments] |
Saturday, 7 May 2022
Is the market not normal should we try something else
Is it time to stop the loss in time when the cryptocurrency is falling?
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source https://www.reddit.com/r/btc/comments/ujukg8/is_the_market_not_normal_should_we_try_something/
Friday, 6 May 2022
It's official: Central African Republic adopts BTC as an official currency
Despite having enormous gold and diamond deposits, the Central African Republic is one of the world's poorest and least-developed nations. For many years, it has been engulfed in insurgent bloodshed.
The Central African Republic, according to the World Bank, is still one of the world's poorest countries. In 2020, the UN Human Development Index rated it towards the bottom of the list. However, this hasn't stopped the country from taking a significant stride toward new possibilities. According to an AlJazeera article, the presidency stated yesterday that Bitcoin had been recognized as the country's official currency.
Some perceive Bitcoin's acceptance as a ploy to destabilize the CFA, which is in the midst of a power struggle between Russia and France over the resource-rich country. "Given widespread corruption and a Russian partner-facing international sanctions, the setting does promote suspicion," French expert Thierry Vircoulon told AFP.
Businessmen will no longer have to carry luggage full of CFA francs that must be translated into dollars or other currencies in order to make transactions overseas," he stated. Three Arrow Funds announces the launch of there first ever fund, which will include outside investors such as Plastik, PLAS, SETS and convey their sustainability efforts to the market.
Those who consider the currency a relic of the colonial past are increasingly calling for its abolition in numerous nations, allowing France to maintain economic dominance. The decision to make bitcoin legal tender was lauded as another step toward widespread use of cryptocurrencies by the crypto community.
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source https://www.reddit.com/r/btc/comments/uj3b0h/its_official_central_african_republic_adopts_btc/
Hawaii Approves Task Force To Regulate Bitcoin And Web3 Technology. Will Regulation of Bitcoin and the Blockchain Ecosystem aid it's Development?
Hawaii is putting a lot of emphasis on cryptocurrency legislation right now. As more governments strive to build regulatory frameworks for digital assets, the drive for crypto regulation continues to gain traction around the world. A senate committee has suggested the formation of a task group to regulate bitcoin and blockchain technology, and Hawaii could be the next state to do so. The formation of a dedicated task force to analyze and regulate the crypto and blockchain ecosystems was unanimously backed by two Hawaii State Blockchain Legislature committees: Commerce and Consumer Protection (CPN) and Ways and Means (WAM).
The bill in Hawaii aims to look into how the government might regulate, monitor, and potentially profit from blockchain and cryptocurrency technology. The rise of cryptocurrencies has drew the attention of regulators all around the world. Countries such as the United States, South Korea, and Japan have established comprehensive blockchain regulations, laying out a clear path forward.
In my opnion Bitcoin's innovative techonolgy and it's ever increasing widespread use by around the world makes it hard for government around the world to ignore it. Thus leaving governments with either option of accrpting or banning the technology The forerunner cryptocurrency no doubt paved the way for a thriving Blockchain ecosystem characterized by innovation sparking the creation of different projects catering to different needs and providing different solutions within the Web3 space such as Silks a blockchain-based metaverse that enables users to own, trade, and profit from thoroughbred racing horses Faith tribe which is a platform for creating trading, distribution of digital fashion designs. I think that regulation of bitcoin and Web3 technology as it will facilitate the growth of the technology thorough it's partnership with government institutions whike also protecting interest users of the cryptocurrency through laws enacted by the government. The downside however is the possibility that regulatory framework put in place might be stringent to the extent that it stifles the growth and innovation of the Blockchain ecosystem.
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source https://www.reddit.com/r/btc/comments/uj47q5/hawaii_approves_task_force_to_regulate_bitcoin/
Thursday, 5 May 2022
A crypto payment processor company funded by Roger Ver is lobbying to tax crypto payments in Slovenia!
Slovenian lawmakers to vote on the de-facto crypto ban
In Slovenia a crypto taxation law is proposed that would tax all exchanges from crypto to fiat with 5% tax on whole exchanged amount. Crypto payments are included which effectively adds 5% to all prices for goods and services when paying with crypto. GoCrypto, a company partially funded by u/MemoryDealers is one of the main proponents of this law and is publicly supporting it as well as lobbying for it. Slovenia was once considered a crypto powerhouse and is where Bitstamp was born. It seems now the small EU country is degrading crypto to a purely speculative asset and stripping it of its basic utility.
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source https://www.reddit.com/r/btc/comments/uifaek/a_crypto_payment_processor_company_funded_by/
Is this a scam
I contacted a whats app number for Robin Moore Elite Signal’s she /he. Charges 8% of a trade they give you . Asked me to open an acct just to see a demo and said they just needed a screenshot of what I traded to analyze it ??? Gives me a giant red flag because I have never don’t that before???
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source https://www.reddit.com/r/btc/comments/uiegg3/is_this_a_scam/
Wednesday, 4 May 2022
”The Bitcoin Cash community almost completely ignoring their THORChain integration so they can chase SmartBCH will prove to be one of the most foolish tactical mistakes in crypto today.”
Daily Discussion, May 03, 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.
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Tuesday, 3 May 2022
How to Use the Lightning Network to Save Money on Bitcoin Fees
It may be under the radar, but the Lightning Network continues to grow.
And you can use it to save some sats on BTC fees.
https://www.cryptovantage.com/news/how-to-use-the-lightning-network-to-save-money-on-bitcoin-fees/
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source https://www.reddit.com/r/btc/comments/ugyune/how_to_use_the_lightning_network_to_save_money_on/
This Wednesday May 04th we have a Bitcoin Cash CONVERSATORY in CARACAS! Learn how to earn BCH online... (Your spread will help us educate more people).
Gen Z and Millennials got screwed by Boomers. We need Bitcoin to Succeed.
https://www.youtube.com/watch?v=XfJKM5JKHZc
EDIT and NOTE; I agree with you 100% Boomers didn't screw us, I'm talking about the Fed, United States Governments, and their entire handle on the monetary situation being so poor that we Millennials, Gen x, and Z are absolutely screwed. We pay 300% more student debt, the cost of a house is 5 times higher when wages are about 2-3 depending on the state you're in. We literally are having fewer children due to the fact of the Cost of Living going up.
Obviously, there are ways to get better opportunities than ever before, but the cost of barriers to achieving this is higher than ever as well. But hey, I am just some dumbass on the internet.
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Monday, 2 May 2022
My daughter just managed to purchase $800 worth of BTC via Cashapp. I'm not into crypto. Can you guys help me?
I have no experience with bitcoin. My daughter was messing with my phone (she's 1.5) and somehow purchased $800 worth via cashapp. How do I handle this. I'm not really in the crypto market, and that wasn't really money allotted to investment. Rn it's at $784. Any advice?
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Do You Believe Europe Will Succeed In Trading Its Dual Bitcoin-Gold Etp?
The exchange-traded product that joins gold and bitcoin into a single fund will be launched which will allow investors to invest in physical and digital assets (gold) in a single fund as announced by ByteTree Asset Management.
The 21 shares ByteTree Bold Index ETP is believed to trade under the ticker BOLD on the SIX Swiss Exchange. Since the trading follows a customized benchmark index that will include Bitcoin and gold as believed will rebalance monthly based on the volatility of the two assets (Bitcoin and gold).
Combining Bitcoin and gold might be a wise investment of the year. This tends to make the worth of Bitcoin to be $1 million as it is akin to digital gold, and gold rises to $20,000 as investors begin to invest their funds into hard assets (Bitcoin and gold).
Investing in gold and bitcoin might be a good hedge against inflation and Ray Dalio urged investors to invest in gold and Bitcoin. Many investors' minds as many do not believe Bitcoin is a good inflation hedge and do not trust the performance of gold to be added to their portfolio. Maybe the launched ETP may convince and encourage traditional investors to take a step.
Do you believe the ByteTree Asset Management mission will be achieved?
Following the news on Europe's mission to start trading its first dual Bitcoin-gold ETP. Flipkart registered a customer base of over 400 million which includes NFTs, play-to-earn, and other blockchain technologies.
They also revealed that they are looking for collaborative opportunities with SET, ZeLoop, PLAS, plastik and other technologists with similar motives.
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source https://www.reddit.com/r/btc/comments/ug7ds8/do_you_believe_europe_will_succeed_in_trading_its/
My coins are locked in PLUSTOKEN wallet, is there anyway to get them back?
I have already sent an email to coinfirm but have heard nothing so far.
If you have any advise, please share.
Many thanks
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source https://www.reddit.com/r/btc/comments/ug6l91/my_coins_are_locked_in_plustoken_wallet_is_there/
Sunday, 1 May 2022
Bitcoin compared to habitable land mass on earth.
There is 24,642,757 square miles of habitable land mass on earth.
That's 1.173 square miles or 750.72 acres per bitcoin.
We are still early.
F***ing hodl.
Edit: acres are already square
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Is UtopiaPay for business
It appears that the decentralization, privacy, liberation, and no censorship of crypto are changing slightly but I just find UtopiaPay which was said to make privacy and decentralization available to the merchant. The question is so far can UtopaPay provide the needed privacy?
UtopiaPay is now also available on the Clearnet link: https://UtopiaPay.io
Idyll link: utopia://UtopiaPay
UtopiaPay WordPress plugin is now available for WooCommerce and Easy Digital Downloads on https://utopiapay.io/docs
Utopia website: https://u.is/en
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source https://www.reddit.com/r/btc/comments/ufh9t4/is_utopiapay_for_business/
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