Quant Explains How Bitcoin Funding Price Predicted The Newest High

submitted by /u/Robert-Kenneth508 [link] [comments]

source https://www.reddit.com/r/btc/comments/u0ogsc/quant_explains_how_bitcoin_funding_price/

Someone went to the exact store Jack Mallers went to in the video. The store doesn’t accept Bitcoin. The store owners had closed for Jack to video a commericial or some other event.

submitted by /u/btcxio [link] [comments]

source https://www.reddit.com/r/btc/comments/u0nljc/someone_went_to_the_exact_store_jack_mallers_went/

Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi

submitted by /u/Ok_Pizza641 [link] [comments]

source https://www.reddit.com/r/btc/comments/u0nuqw/binance_gets_inprinciple_approval_to_operate_as/

Strike Announces Shopify Integration, Partnerships With NCR And Blackhawk Bringing Bitcoin Lighting Payments To Major Merchants

Strike, a digital payments platform based on Bitcoin's Lightning Network, has announced a partnership with Shopify, an e-commerce platform.

Strike CEO Jack Mallers announced at the Bitcoin 2022 conference in Miami that eligible U.S. Shopify merchants will now be able to accept bitcoin payments from customers around the world as U.S. dollars.

Mallers, a Forbes Under 30 alum, also mentioned that Strike, based in Chicago, has teamed with NCR NCR, the world's largest point-of-sale (POS) supplier, and payments business Blackhawk.

By leveraging the Lightning Network, a second layer built on top of the bitcoin blockchain that allows users to send and receive cryptocurrency quickly and cheaply by moving transactions off of the main blockchain, the integration provides an alternative to traditional card networks such as Visa V and MasterCard. According to Mallers, the service would be available to anybody in the world who has a Lightning Network-enabled wallet, which includes more than 70 million CashApp users.

The announcement demonstrates the Lightning Network's growing popularity. Robinhood announced intentions to integrate the solution into its technological stack earlier today, joining companies such as cryptocurrency exchange Kraken, Twitter, and Block.

Lightning Labs, a California-based developer of the Lightning Network, announced a new protocol on Tuesday that it hopes would allow the Lightning Network to accept assets other than bitcoin, such as other household names like Ethereum and the new ones like $Darc, stablecoins and fiat currencies.

submitted by /u/crandalljft
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Why is it that crypto is everywhere, but not everyone buys things with it?

Crypto has gotten so popular in the last couple of years, and yes this is all good news, yet it is still constrained to investors who use it as an investing leveraging, few are those that are buying physical goods with it.

This could be caused by the limitations of crypto itself like transaction speed and scalability, but we all know the real issue to be that many vendors do not offer users the ability to buy with crypto.

So why is that? Why is it that many retailers still abstain from allowing users crypto transactions? Well, the main issue is that for starters crypto is laden with risk as of now, plus the means for adoption have not fully been introduced.

Thankfully, there are many projects working on fixing this issue, such as the work being put in by Exeno, trying to make crypto a usable medium for e-commerce, and more importantly, literally bringing crypto to life. Giving users the ability not just to buy, but to actually use it to purchase real goods in real life.

This is rare and unprecedented, and this next move means that other people will be working on it as well. Especially now as the lightning network is being rolled out on multiple platforms.

This could be the next step we need for Bitcoin to become an entity in web and e-commerce. Other projects have tried introducing crypto as an e-commerce value such as exeno, but the growth of Bitcoin will really help push said projects and ideas for online monetary usage.

This could really be the next step needed to turn Bitcoin from just a digital currency, to a usable medium for exchange.

With many names joining the conference like Saylor and Wood, it will surely pickup steam, and introduce the not yet introduced, and excite those already here. The next few months will be exciting, this is guaranteed.

submitted by /u/Budget_Count4208
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Property is boomer-bitcoin and they're trying to take everything down with them controlled demolitionstyle economically speaking to stay in control of their brickcoins. Prove me wrong.

submitted by /u/Tsetler
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Can I buy something with Bitcoin?

According to Investopedia, yes you can, on the sole condition that you use fiat cards to buy them…

Doesn’t this make the whole point of using cryptocurrency futile? If it’s just a wrap-around for fiat still…

I think that the options really do existed, but we don’t get to see them because they aren’t promoted yet. The largest magazines, blogs or journal get paid to sell you the idea that you still need fiat to complete a crypto purchase online, but you don’t.

The options really do exist outside, and you could still be using crypto purely as crypto, without bridges, shortcuts or whatever.

There are many sites that accept BTC payments directly and there are many projects like Exeno that promote the idea that you could still be using crypto as crypto, and make your cryptos real, by using them to buy real things in real time.

I dislike how the narrative is shaped to say, yes you can use crypto to buy things, and you just have to go through fiat first. God knows what they’ll suggest next after e-commerce is fully integrated with crypto.

submitted by /u/Informal-Ice2994
[link] [comments]