Thursday, 21 January 2021

Famous Economist and Hedge Fund Manager Ray Dalio: "I missed something on Bitcoin"

Famous Economist and Hedge Fund Manager Ray Dalio: "I missed something on Bitcoin" submitted by /u/JadedSoulRat
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Many missed this, but it's very bullish for Bitcoin: Prof. Gary Gensler is the new SEC Chief

'Blockchain and Money' course taught by DCI Advisor Gary Gensler is now available on MIT Open Courseware

Level Graduate

This course is for students wishing to explore blockchain technology's potential use—by entrepreneurs and incumbents—to change the world of money and finance.

> The course begins with a review of Bitcoin and an understanding of the commercial, technical, and public policy fundamentals of blockchain technology, distributed ledgers, and smart contracts. The class then continues on to current and potential blockchain applications in the financial sector.

https://dci.mit.edu/research/2020/2/11/blockchain-and-money-course-taught-by-dci-advisor-gary-gensler-is-now-available-on-mit-open-courseware

submitted by /u/simplelifestyle
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Blackrock buys Bitcoin

Blackrock buys Bitcoin submitted by /u/New_View_2056
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The Only Difference Between People Who Get Rich With Bitcoin and Those Who Don’t

The Only Difference Between People Who Get Rich With Bitcoin and Those Who Don’t submitted by /u/sylsau
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Wednesday, 20 January 2021

Bitcoin Cash won't die, even with trolls always trying to spread misinformation about BCH more people are starting to embrace and adopt the currency, 2021 will be a great year!

Bitcoin Cash won't die, even with trolls always trying to spread misinformation about BCH more people are starting to embrace and adopt the currency, 2021 will be a great year! submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/l129jp/bitcoin_cash_wont_die_even_with_trolls_always/

The elephant in the room. Everyday $60 million+ of NEW money needs to flow into crypto just to keep the market afloat!

Just a quick calculation of the top coins mined per day tells a story of a market out of wack. This mean a net positive $60 million going in everyday just to keep prices stable.

Does this seem reasonable to you guys? Is there really that much money in the world? Then, the $0.5 million for BCH makes sense by itself but no way is $27 million going into eth every single day.

BTC: 900 * $35,000 = $31.5 million

ETH: (6,500 blocks * 3 ETH) * $1,400 = $27 million

LTC: 7,200 * $150 = $1 million

BCH: 900 * 500 = $0.5 million

XMR: 1,150 * $150 = $0.2 million

submitted by /u/CompetitiveReddit
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source https://www.reddit.com/r/btc/comments/l13uxq/the_elephant_in_the_room_everyday_60_million_of/

here is exactly how the IRS is treating bitcoin for the 2020 tax year: IRS Virtual Currency Guidance | Internal Revenue Bulletin: 2014-20 | Internal Revenue Service

here is exactly how the IRS is treating bitcoin for the 2020 tax year: IRS Virtual Currency Guidance | Internal Revenue Bulletin: 2014-20 | Internal Revenue Service submitted by /u/inspire-change
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