Wednesday, 23 November 2022

Bitcoin Layer 2 projects

Does anyone know of any layer 2 projects that are built off bitcoin? I already know about lightning and liquid network.

submitted by /u/FuckRobinhood02
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Prolific BCH borrower and shorter, Genesis, has hired restructuring adviser for bankruptcy proceedings. When you short crypto for dollars, then lose the dollars, you're double screwed. They said it was fine just a few weeks ago too.

Prolific BCH borrower and shorter, Genesis, has hired restructuring adviser for bankruptcy proceedings. When you short crypto for dollars, then lose the dollars, you're double screwed. They said it was fine just a few weeks ago too. submitted by /u/bobcatjamaica
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source https://www.reddit.com/r/btc/comments/z235fo/prolific_bch_borrower_and_shorter_genesis_has/

"Bitcoin Lake" in Guatemala. All these places already accept Bitcoin!

"Bitcoin Lake" in Guatemala. All these places already accept Bitcoin! submitted by /u/suuperfli
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End the Fed

End the Fed submitted by /u/BTCapsule
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What happened to this subreddit?

Seems the only thing being posted here is misinformation shit like:

https://www.reddit.com/r/btc/comments/z186yw/on_jan_1st_2024_all_us_citizens_become_felons_for/

I said it's fake and asked for a source and just got downvoted to oblivion.

or just poor shilling from everyone knows who.

submitted by /u/mybed54
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source https://www.reddit.com/r/btc/comments/z220lk/what_happened_to_this_subreddit/

Nexo being sued in UK High Court - Cross posting this

https://np.reddit.com/r/Bitcoin/comments/z1p2u4/nexo_being_sued_would_you_trust_them_after_this/

The point is the behaviour and actions of #Nexo. The article outliunes issues of serious concern.

The papers for the case was submitted on 29 September 2022 following actions in March 2021 by #Nexo - this is a live and current case to be heard.

submitted by /u/ConsultancyUK
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source https://www.reddit.com/r/btc/comments/z215at/nexo_being_sued_in_uk_high_court_cross_posting/

Tuesday, 22 November 2022

These signs advocating for Bitcoin vs CBDCs are up in multiple locations

These signs advocating for Bitcoin vs CBDCs are up in multiple locations submitted by /u/cryptograffiti
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JPM want get out? Usually they always wrong..

JPM want get out? Usually they always wrong.. submitted by /u/26fm65
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Binance Exchange Leads in The Number of Bitcoin Reserves

Binance Exchange Leads in The Number of Bitcoin Reserves submitted by /u/Material_Manner8274
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source https://www.reddit.com/r/btc/comments/z16ycj/binance_exchange_leads_in_the_number_of_bitcoin/

The self-custody war is already won.

The fact that fiat tyrants and oligarchs have not yet found a way to eliminate self-custody proves to me that doing so is impossible. They must instead resort to inefficient fiat price manipulation schemes in the hopes of scaring off the masses long enough for them to accumulate as much as possible for themselves. The problem is that making the fiat price go higher brings in more speculators while making the price go lower moves that much more supply into the hands of true believers. Either way, they are doomed to lose their control over the money.

submitted by /u/Apprehensive-Log-849
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Layer2Labs is building no-KYC Lightning-native DCA which allows you to buy or sell bitcoin directly on your Lightning node

Layer2Labs is building no-KYC Lightning-native DCA which allows you to buy or sell bitcoin directly on your Lightning node submitted by /u/KAX1107
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FTX KYC Data: elephant in the room

We've all heard by now that $16 billion was evaporated by FTX, and the exchange was "hacked" for another $600 million last week, but what's happened with the customer KYC and private customer financial info databases?

FTX collected this KYC data for millions of users:

https://help.ftx.com/hc/en-us/articles/360027668192-Individual-Account-KYC

There are also rumors of an FTX employee database leak... that Reddit thread was deleted.

I guess this "trust us with your money, personal identity information, bank account details, and privacy, and we'll steal it and sell it all to governments, corporations, and hackers" business model is losing its appeal quickly.

Finally, what gives with the r Cryptocurrency sub? Can't seem to post or do anything without getting censored there?

submitted by /u/clash_is_a_scam
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source https://www.reddit.com/r/btc/comments/z16rjz/ftx_kyc_data_elephant_in_the_room/