Friday 10 December 2021

Bitcoin Debit Cards - Why You Should Use One - Guide

Here are a few reasons why Bitcoin debit cards outweigh your traditional debit card: What Are Bitcoin Debit Cards and Why You Should Use One

  • Use crypto for real world transactions

You can use crypto to pay for groceries, transport, and everyday goods without having to worry about the premeditated work of selling and converting it.

  • Spend less money on fees

As the conversions from crypto to fiat take place on the backend, there are no hidden costs incurred for foreign exchange conversions.

  • Seamlessly change between currencies

Many Bitcoin debit cards allow users to onboard a fiat option too, allowing them to interchange between paying in various cryptocurrencies as well as fiat currencies and saving the hassle of switching between cards.

  • Travel convenience

Bitcoin debit cards can bypass conversion fees, simply offering cryptocurrency payments when you’re out of your own country, or another fiat wallet internally linked that allows you to load and spend the local currency wherever you might find yourself.

submitted by /u/cmstrump
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source https://www.reddit.com/r/btc/comments/rcp0gv/bitcoin_debit_cards_why_you_should_use_one_guide/

Today RGB performed its first Mainnet Taproot transaction

Today RGB performed its first Mainnet Taproot transaction submitted by /u/fipasi
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Coinbase launches high-interest DeFi benefits to 70 countries

Cryptocurrency exchange Coinbase announced that qualified customers in more than 70 countries can now earn income through DeFi.

Cryptocurrency exchange Coinbase announced that customers in more than 70 countries/regions can earn income through the world of decentralized finance (DeFi) through the cryptocurrency they hold. arrive

Coinbase said in a prepared statement: “We are making DeFi more accessible, enabling qualified customers in more than 70 countries to obtain attractive DeFi loan yields on their DAI without any cost, lock-in Or troublesome settings.

At the core of this move is Coinbase's desire to make DeFi "more customer-friendly and approachable."

With DAI stablecoin, customers can choose to join to earn DeFi income. Customers' DAI assets will be stored in Compound Finance, which Coinbase describes as an "industry-leading" DeFi protocol. However, the interest on this rate of return is variable.

For example, in October, Compound's rate of providing DAI fluctuated between 2.8% and 5.3%. Coinbase stated: "Higher interest rates reflect both the unique way to obtain global liquidity and the increased risk that DeFi may bring."

Despite this risk, Coinbase is still optimistic about the prospects of DeFi. The exchange added: "DeFi has great potential to help increase economic freedom, and we are excited to provide a trusted and easily accessible way to participate."

However, this announcement has an obvious omission.

Although the service has been launched to 70 eligible countries, including major economies such as Germany and the United Kingdom, Coinbase’s DeFi benefits have not yet been provided to US customers.

U.S., Coinbase and DeFi

In September, when the U.S. Securities and Exchange Commission (SEC) threatened to sue the exchange, Coinbase CEO Brian Armstrong made a statement on Twitter on the premise that the exchange launched the Lend Income products.

"The SEC has recently seen some very rude behavior," said Armstrong, who regretted the SEC's statement that Coinbase's Lend would become a security, and his position was widely criticized at the time.

submitted by /u/nosycustard0
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source https://www.reddit.com/r/btc/comments/rcor0i/coinbase_launches_highinterest_defi_benefits_to/

$500k Bitcoin

Cathy Wood -CEO of walls st. Juggernaut - Ark Investments mentioned on CNBC this morning that if institutions should dive into bitcoin with as little as 5% of their buying power…….bitcoins price could move to $500,000 Something to think about.

submitted by /u/Bolo3374
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So I cant mine Bitcoin, but I can run a node. What else can I do to contribute to the community as a whole?

Not in it for the money, but what else can I do to help secure the network? What else can I do to contribute to the greater community?

Leaning towards running the Umbrel Bitcoin Machine. I try to orange pill everyone I know.

What else?

submitted by /u/thadiusb
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Join our EVP of Operations @Mariamoita as she shares her thoughts on the opportunities around #crypto

Join our EVP of Operations @Mariamoita as she shares her thoughts on the opportunities around #crypto adoption for financial institutions at @EBlockchainCon .

📆 13 Dec ⏰ 7pm CET 🎟️ https://eblockchainconvention.com

submitted by /u/CryptoFriendd
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source https://www.reddit.com/r/btc/comments/rco6g5/join_our_evp_of_operations_mariamoita_as_she/

Thursday 9 December 2021

Visa Launches Crypto Advisory Service in Mainstream Push

Visa Launches Crypto Advisory Service in Mainstream Push submitted by /u/simplelifestyle
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Trezor hardware wallets are now able to support the recent Bitcoin Taproot update.

Trezor hardware wallets are now able to support the recent Bitcoin Taproot update. submitted by /u/amarett0
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Soft Forks create Tough Times. 😁

Soft Forks create Tough Times. 😁 submitted by /u/walerikus
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source https://www.reddit.com/r/btc/comments/rby8w8/soft_forks_create_tough_times/

Valkyrie To Launch DeFi Fund as CEO Cites ‘Massive Opportunity in the Space

Valkyrie To Launch DeFi Fund as CEO Cites ‘Massive Opportunity in the Space submitted by /u/ashamedWeaver424
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source https://www.reddit.com/r/btc/comments/rc0maz/valkyrie_to_launch_defi_fund_as_ceo_cites_massive/

Are you still keeping your money in the bank?

Are you still keeping your money in the bank?

Like to do stable investment, coinbase company defi project is very stable, the use of USDT for mining revenue, the use of USDT without pledge is not to take any risk, there are 2%-5% of the daily earnings in your own wallet operation, want to earn how much you decide.

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https://preview.redd.it/dzldyowktd481.jpg?width=960&format=pjpg&auto=webp&s=12821fb3147365c4df317dfc650a71ce5d19bb3d

submitted by /u/Enough-Actuary-2084
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source https://www.reddit.com/r/btc/comments/rc0qan/are_you_still_keeping_your_money_in_the_bank/

It’s never too late to invest in bitcoin. Who’s with me?

It is never too late to invest in Bitcoin, especially if you are a long-term hodler. Always try to buy and hold BTC for more than 1-year, and you can get a decent return. If you invested in BTC 5-years back, your ROI (Return on Invest) would have been 8,000%, a return better than all other assets. 2018 was one of the worst years in the history of Bitcoin when the price went down from near US$20,000 level to US$3,400 level.

Even if you bought BTC at the peak of near-US$20K level in mid-December 2017) and held it till now, your investment would have increased by over 175% will now, which is again a better return than any other asset class including gold. The store value of BTC is amazing.

Almost the entire Wall Street believes that the price of Bitcoin against the US Dollar will increase anything from 2-folds to 10-folds by 2021-end or mid-2022. This means that each BTC price will be anything from US$100,000 to US$500,000 in the next 12-14 months. In fact, some experts also believe that in the coming 10-years (by 2030), the price of each bitcoin will become US$1-Million. This means you can always make a robust profit by investing in Bitcoins, no matter when you invest, till your investment horizon is holding for more than 1-year. The longer you hold BTCs, the higher the ROI.

My ROI got even better using NapBots.It provides me with well-designed trading strategies and increases my investment returns. Napbots currently provides exposure to 15 specific working strategies in an easy-to-use and very safe environment, with different time horizons.

Disclaimer: I’m not saying that trading bots are for everyone. I’m just sharing my thoughts and experience so please don’t attack me.
ps. I am not sure what flair to use opinion or discussion, thought maybe opinion is much appropriate.

submitted by /u/Aggressive-Twist-252
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source https://www.reddit.com/r/btc/comments/rc0elt/its_never_too_late_to_invest_in_bitcoin_whos_with/

Is it possible to archive all of rBTC?

Title. Basically, can we set a periodical archive of rBTC maintained elsewhere, ideally navigable and index-able?

submitted by /u/iamaskmeanything
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source https://www.reddit.com/r/btc/comments/rc0cwv/is_it_possible_to_archive_all_of_rbtc/