Tesla Charging With The Bitcoin Lightning Network - Proof of Concept - May 26 2020

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I’m in!

Hi everyone. Can’t lie to you guys I’ve been following bitcoin since I was probably 12 or 13 (20 now). I’ve been silently celebrating every high and silently supporting every low. However today’s the day!

I’ve finally set up a monthly recurring payment on Coinbase so I’m officially a HODLer. I know patience is the key here and so, the plan is more 10 20 years of HODLing. It’s a little outlandish but I’m hoping Bitcoin will eventually be at a point where 4% drawdowns can be realistic enough for me to live off.

Just wanted to come on and express how happy I am for all those who stuck through the lows and kept believe in Bitcoin all these years.

Edit:

Could any users recommend better of the following:

U.K. exchanges with recurring payments option Cold storage

Thanks

Happy HODLing!

submitted by /u/amaanshaikh00
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Who keeps letting Michael Saylor take their Bitcoins for toilet paper money?!?!

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My drunken thesis on Bitcoin and psychology

Bitcoin seems to reward a certain type of psychology. This is good for the future.

It rewards people (HODLers) who:

• see technology as a force for good
• see governmental/military backing of monetary value as bad
• have keen foresight
• have grueling patience
• are true believers in blockchain technology and are unemotional about volatility in price
• are more concerned with preserving value than with greed
• can withstand sharp criticisms from seasoned professionals (i.e. Warren Buffett) who may be beyond their years
• are underground and defiant (consider the origins)
• maintain an obsessive interest in potentials
• can communicate memetically

The people who have these characteristics seem to benefit the most in this domain.

(Any others I haven’t thought of?)

submitted by /u/mossyskeleton
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Bitcoin subreddit moves up to #35 on Reddit's Top Growing Communities List

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Bitcoin hardware wallets should be available for sale at brick and mortar retail stores so buyer can pay in Cash or Bitcoin and so companies like Ledger and Trezor don’t collect personal info on buyers.

submitted by /u/the420chronicler
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Lesson Learned. Gonna stop wasting my energy trying to convince people outside of crypto...

Attempted to share the excitement that is Bitcoin to my best friend. I think I came off too strong. I told her to maybe consider it as I would hate for her to miss out on potentially one of the biggest financial/investing opportunities in recent history. I just got so excited that bitcoin reached it's all time high. Lesson learned... don't try to convince someone outside of the world of crypto to look into crypto. Kinda sad that she can't see the good in it right now. But what can you do?

To give context, my friend had a very very bad first experience with cryptocurrency. I don't know the full story, but she dealt with a shady 3rd party trader who promised to give her profit. Well she did end up getting a profit but she also got flooded with texts and calls trying to scam her everyday. So after all that shit, she pulled her money out and never looked back at cryptocurrency since. It's sad because it seems like she was just looking at it to make a quick buck, which isn't a good mindset considering that cryptocurrency requires a good span of time before it can become more wide adopted and thus profitable. You can't expect it in days, weeks, months, or even years. There's always volatility but the long term directions seems to be upward which gives me hope for bitcoin.

submitted by /u/Arnetty
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