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Cryptocurrency news and alerts by ResoNova.com
Seen at Costco
https://www.reddit.com/r/Bitcoin/comments/1ek4s5b/seen_at_costco/
Protest at ECB
https://www.reddit.com/r/Bitcoin/comments/1ek4cqi/protest_at_ecb/
<!-- SC_OFF -->Full episode: Fountain: https://www.fountain.fm/episode/PAliGMBEqwkqR0jYshua YouTube: https://youtu.be/wudaDSgI49k Apple: https://podcasts.apple.com/us/podcast/lawrence-lepard-fiat-doom-bitcoin-boom-bitcoin-talk/id1694392423?i=1000664157558 Spotify: https://open.spotify.com/episode/5tk1qJDCjf3rVDupWH6BWZ Everywhere else: https://bitcoinpodcast.net/podcast <!-- SC_ON --> submitted by /u/x10u8ting (https://www.reddit.com/user/x10u8ting)
[link] (https://v.redd.it/fx3fzkpnaogd1) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejz4jr/our_grandkids_are_gonna_look_back_at_this_like_we/)
While retail is selling, the investment desks at Coinbase, Kraken, et al are busy accumulating entries for big buyers at a discount
https://www.reddit.com/r/Bitcoin/comments/1ejy7q0/while_retail_is_selling_the_investment_desks_at/
<!-- SC_OFF -->The premium investment desks at exchanges wait a long time for these optimal accumulation periods. While you are selling, they are building up generational positions in Bitcoin at a 16% discount. <!-- SC_ON --> submitted by /u/BtcKing1111 (https://www.reddit.com/user/BtcKing1111)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejy7q0/while_retail_is_selling_the_investment_desks_at/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejy7q0/while_retail_is_selling_the_investment_desks_at/)
Did I unlock the truth?
https://www.reddit.com/r/Bitcoin/comments/1ejy109/did_i_unlock_the_truth/
<!-- SC_OFF -->I got really really high recently and I’m pretty sensitive to THC to the point where it’s almost psychedelic. But when I was faded I kept getting a thought that wouldn’t go away telling me to acquire as much Bitcoin as possible for the rest of my youth. Now, a week later, im still super bullish no matter what’s going on with the price. Part of me wants the price to tank so I can keep buying more. <!-- SC_ON --> submitted by /u/warrior123_ (https://www.reddit.com/user/warrior123_)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejy109/did_i_unlock_the_truth/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejy109/did_i_unlock_the_truth/)
Which node do you run and why?
https://www.reddit.com/r/Bitcoin/comments/1ejxokq/which_node_do_you_run_and_why/
<!-- SC_OFF -->I am evaluating whether and which node to run. My primary purpose is for privacy. But I want it simple so I don’t spend time maintaining it. Here’s what I came up with chatGPT. Anything it got wrong or you would improve: When comparing Bitcoin Core and Umbrel with a focus on privacy when sending Bitcoin to a cold storage vault, here are the pros and cons of each: Bitcoin Core Pros: Full Node Privacy: Bitcoin Core runs a full node, meaning it downloads and verifies the entire blockchain. This allows you to broadcast transactions directly to the network without relying on third-party servers, enhancing your privacy. Direct Network Interaction: By running a Bitcoin Core node, you interact directly with the Bitcoin network. This reduces the exposure of your IP address and transaction history to third-party servers, which is a significant privacy advantage. No Reliance on External Services: Since Bitcoin Core doesn't depend on external APIs or servers, your transaction data is not exposed to any third party, which reduces the risk of data leaks. Tor Integration: Bitcoin Core supports integration with Tor, which allows you to mask your IP address when broadcasting transactions, further enhancing your privacy. Cons: Resource Intensive: Bitcoin Core requires more storage, bandwidth, and processing power. This might be a downside if you're running it on limited hardware or if you want a more lightweight setup. Complex Setup: Setting up and maintaining a Bitcoin Core node might require more technical knowledge, especially if you want to configure privacy features like Tor. No Additional Privacy Tools: Bitcoin Core lacks built-in advanced privacy tools like CoinJoin, which are available in some other wallets. Umbrel Pros: User-Friendly Interface: Umbrel is designed to be more user-friendly, making it easier to set up and manage compared to Bitcoin Core. This could be a benefit if you prefer a more straightforward setup. Additional Privacy Apps: Umbrel offers a range of apps that can enhance your privacy, such as BTCPay Server, Samourai Whirlpool, and Electrum Server. These tools can help you anonymize your transactions before sending them to cold storage. Tor by Default: Umbrel integrates Tor by default, ensuring that your IP address is masked when using Bitcoin-related applications. This helps enhance privacy without requiring manual configuration. Multi-Purpose Use: Umbrel isn't just a Bitcoin node; it can also run Lightning Network nodes and other privacy-focused applications, making it versatile if you want to explore beyond Bitcoin Core’s capabilities. Cons: Less Control Over Node: While Umbrel offers many features, it might abstract some details that Bitcoin Core exposes. This could be seen as a disadvantage if you want full control over your node's operations. Reliance on Docker: Umbrel runs on Docker, which adds a layer of complexity and may pose some privacy concerns if Docker itself is not configured securely. Third-Party App Risk: While Umbrel’s app ecosystem is a strength, using third-party apps can introduce additional attack surfaces or privacy risks if these apps are not fully vetted. Smaller Community: Compared to Bitcoin Core, Umbrel has a smaller user base, which might mean fewer resources or community support if you run into issues. Summary: Bitcoin Core is more privacy-focused out of the box, providing robust privacy features directly through a full node setup. It’s ideal if you want maximum privacy and are comfortable with a more technical setup. Umbrel offers strong privacy through its user-friendly interface and app ecosystem, making it easier to achieve good privacy without the complexity. However, its reliance on additional software layers and third-party apps may introduce potential privacy trade-offs. If your primary concern is privacy and
What next?
https://www.reddit.com/r/Bitcoin/comments/1ejx988/what_next/
<!-- SC_OFF -->Does anyone know why BTC is dropping right now and what the next support and resistance levels might be? <!-- SC_ON --> submitted by /u/Life_Rub6905 (https://www.reddit.com/user/Life_Rub6905)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejx988/what_next/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejx988/what_next/)
Morgan Stanley to Offer Bitcoin ETFs to Select Clients
https://www.reddit.com/r/Bitcoin/comments/1ejx6k3/morgan_stanley_to_offer_bitcoin_etfs_to_select/
submitted by /u/CU66LES (https://www.reddit.com/user/CU66LES)
[link] (https://youtu.be/z7lOcJqZEl4?si=ZY0mX1MFDGXcmXp4) [comments] (https://www.reddit.com/r/Bitcoin/comments/1eju7ph/sorry_to_be_a_gloomer_but_this_scares_the_living/)
Another day, another Bitcoin W
https://www.reddit.com/r/Bitcoin/comments/1efdfsp/another_day_another_bitcoin_w/
This was not the number go up I was promised
https://www.reddit.com/r/Bitcoin/comments/1efcdhd/this_was_not_the_number_go_up_i_was_promised/
submitted by /u/fraggass (https://www.reddit.com/user/fraggass)
[link] (https://www.youtube.com/watch?v=EjXclWnSi54) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef8phd/nashville_bitcoin_conference_2024_highlights/)
submitted by /u/castorfromtheva (https://www.reddit.com/user/castorfromtheva)
[link] (https://decrypt.co/242235/us-government-moves-2-billion-silk-road-bitcoin) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef8fuy/us_government_moves_2_billion_in_silk_road_bitcoin/)
submitted by /u/Cyber_OF (https://www.reddit.com/user/Cyber_OF)
[link] (https://www.reddit.com/gallery/1ef820q) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef820q/found_this_physical_bitcoin_and_was_wondering_if/)
submitted by /u/mccormack555 (https://www.reddit.com/user/mccormack555)
[link] (https://www.whatbitcoindid.com/podcast/the-us-government-needs-bitcoin) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ef6o24/the_us_government_needs_bitcoin_with_luke_gromen/)
<!-- SC_OFF -->Hi Bitcoin Reddit, Since 01.08. I’m doing a 21 day sit in at the ECB to publicly raise Bitcoin awareness. Wanna do an AMA tomorrow? <!-- SC_ON --> submitted by /u/Frequent-War (https://www.reddit.com/user/Frequent-War)
[link] (https://www.reddit.com/gallery/1ek4cqi) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ek4cqi/protest_at_ecb/)
Let's talk remittances. How do we make people choose Bitcoin instead of Western Union and MoneyGram for sending money abroad?
https://www.reddit.com/r/Bitcoin/comments/1ejz75j/lets_talk_remittances_how_do_we_make_people/
<!-- SC_OFF -->I found this old article from 2015 (https://www.coingecko.com/learn/bitcoin-vs-western-union-low-fees) about how low fees are disrupting the remittance industry. If it costs so much money (a percentage on the exchange rate + a transfer fee of more than 10 dollars) and time (up to 4 days) to send money from a developed country to a developing country, why would anyone still choose these old banks? Remittances seem to me to be the most obvious use case for which Bitcoin can be a solution. With $860 Billion in remittances worldwide in 2023 (https://www.knomad.org/data/remittances) and 1 in seven people in the world sending or receiving remittances (https://www.un.org/sw/desa/remittances-matter-8-facts-you-don%E2%80%99t-know-about-money-migrants-send-back-home#:~:text=Currently%2C%20about%20one%20billion%20people,by%20sending%20or%20receiving%20them.) there's a huge amount of people that could benefit from it. What can the Bitcoin community do to make companies like Western Union and MoneyGram be a thing of the past? <!-- SC_ON --> submitted by /u/steelpan (https://www.reddit.com/user/steelpan)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejz75j/lets_talk_remittances_how_do_we_make_people/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejz75j/lets_talk_remittances_how_do_we_make_people/)
“Our grandkids are gonna look back at this like we look back at bloodletting… they'll have the same reaction: ‘you let the market for MONEY be set by 12 guys who could rig it in their favor. What the f*ck were you doing? That was insane.’” — Larry Lepard 🔥 on “THE Bitcoin Podcast”
https://www.reddit.com/r/Bitcoin/comments/1ejz4jr/our_grandkids_are_gonna_look_back_at_this_like_we/
Hi everyone who’s came here scared
https://www.reddit.com/r/Bitcoin/comments/1ejy2c0/hi_everyone_whos_came_here_scared/
<!-- SC_OFF -->Don’t worry me too. Remember it could be worse. How much we all down ??? <!-- SC_ON --> submitted by /u/RecognitionAny7997 (https://www.reddit.com/user/RecognitionAny7997)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejy2c0/hi_everyone_whos_came_here_scared/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejy2c0/hi_everyone_whos_came_here_scared/)
you're comfortable with a more technical setup, Bitcoin Core might be the better choice. If you want a balance between privacy and ease of use, Umbrel could be more suitable. <!-- SC_ON --> submitted by /u/Double-Code1902 (https://www.reddit.com/user/Double-Code1902)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejxokq/which_node_do_you_run_and_why/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejxokq/which_node_do_you_run_and_why/)
Storing main stash in bip85?
https://www.reddit.com/r/Bitcoin/comments/1ejxdwi/storing_main_stash_in_bip85/
<!-- SC_OFF -->What’s the consensus on creating a master seed w a passphrase , deriving a child seed and putting your stack on the child seed as an extra step or layer <!-- SC_ON --> submitted by /u/Unlucky-Citron-2053 (https://www.reddit.com/user/Unlucky-Citron-2053)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejxdwi/storing_main_stash_in_bip85/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejxdwi/storing_main_stash_in_bip85/)
submitted by /u/No-Comparison-9307 (https://www.reddit.com/user/No-Comparison-9307)
[link] (https://bitcoinnews.com/markets/morgan-stanley-offer-bitcoin-etfs/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejx6k3/morgan_stanley_to_offer_bitcoin_etfs_to_select/)
Use of bitcoin in an authoritarian regime (Venezuela)
https://www.reddit.com/r/Bitcoin/comments/1ejv4ah/use_of_bitcoin_in_an_authoritarian_regime/
<!-- SC_OFF -->Hello, as you know Venezuelan here (living here), crypto enthusiast. Sadly, the situation has been crazy last days, Maduro stole the election where he lost 70-30 and even with proof he won’t accept it. As always in this kind of situations is where Bitcoin is useful, they cannot control them. People abroad have been sending money this way to help in the inside “fight”. Sadly, in the last mile, people usually use a P2P service where you need KYC and that is how they can now. But as always, there are ways, for example paying directly with crypto (I did it before and posted it here, paid my groceries with BTC), sadly as this was a bit supermarket chain here in Venezuela, they need your ID number to generate the receipt/invoice so no way of staying anonymous. There is a lot of USD cash flowing in the streets here, that has been the safest way. People want to buy crypto with cash and that cash is used to buy things. They cannot not know where does it come from. LN is good because it is pretty anonymous. I am glad you don’t have to pass this kind of things to understand the importance of crypto. Some people say it is a scam or non-useful, easy to say when you live in a stable democracy. Any question, let me know. Best regards! <!-- SC_ON --> submitted by /u/WorkingLime (https://www.reddit.com/user/WorkingLime)
[link] (https://www.reddit.com/r/Bitcoin/comments/1ejv4ah/use_of_bitcoin_in_an_authoritarian_regime/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1ejv4ah/use_of_bitcoin_in_an_authoritarian_regime/)
submitted by /u/getcoinmiles (https://www.reddit.com/user/getcoinmiles)
[link] (https://i.redd.it/rnfvmvzfejfd1.png) [comments] (https://www.reddit.com/r/Bitcoin/comments/1efdfsp/another_day_another_bitcoin_w/)
submitted by /u/Financial_Design_801 (https://www.reddit.com/user/Financial_Design_801)
[link] (https://i.redd.it/gz205iyi6jfd1.jpeg) [comments] (https://www.reddit.com/r/Bitcoin/comments/1efcdhd/this_was_not_the_number_go_up_i_was_promised/)
Newb question- kid wants to sell ‘lemonade’ and accept bitcoin.
https://www.reddit.com/r/Bitcoin/comments/1efbh21/newb_question_kid_wants_to_sell_lemonade_and/
<!-- SC_OFF -->Background, relatively new to bitcoin. I personally have a Shakepay account that I use to buy some bitcoin, my kid wants to sell stuff and accept bitcoin as an alternative form of payment. What steps should I take to set my kid up, and is Shakepay a viable option or is there a better, more common method to accept payments? I understand that most ppl probably don’t use Shakepay. Thanks in advance <!-- SC_ON --> submitted by /u/rapswin (https://www.reddit.com/user/rapswin)
[link] (https://www.reddit.com/r/Bitcoin/comments/1efbh21/newb_question_kid_wants_to_sell_lemonade_and/) [comments] (https://www.reddit.com/r/Bitcoin/comments/1efbh21/newb_question_kid_wants_to_sell_lemonade_and/)
Nashville Bitcoin Conference 2024 Highlights
https://www.reddit.com/r/Bitcoin/comments/1ef8phd/nashville_bitcoin_conference_2024_highlights/
US Government Moves $2 Billion in Silk Road Bitcoin
https://www.reddit.com/r/Bitcoin/comments/1ef8fuy/us_government_moves_2_billion_in_silk_road_bitcoin/
Found this physical bitcoin and was wondering if anyone could tell me what it is and if it’s worth anything?
https://www.reddit.com/r/Bitcoin/comments/1ef820q/found_this_physical_bitcoin_and_was_wondering_if/
The US Government Needs Bitcoin with Luke Gromen & Preston Pysh — What Bitcoin Did
https://www.reddit.com/r/Bitcoin/comments/1ef6o24/the_us_government_needs_bitcoin_with_luke_gromen/
