Discover and read the best of Twitter Threads about #learnbitcoin
Most recents (9)
1/ Is This the End of Privacy?
It’s really sad and annoying to observe that Europe aims to be the next China regarding mass-surveillance. Backdoors in private messaging apps will fire back at those who are now in favor of these new legislations.
It’s really sad and annoying to observe that Europe aims to be the next China regarding mass-surveillance. Backdoors in private messaging apps will fire back at those who are now in favor of these new legislations.
2/ Countries like Germany and Austria should actually know better, but it seems we haven’t been learning from our dark history. I’m thankful for all the “Cypherpunks who write code” as Eric Hughes put it in his Cypherpunk manifesto from 1993.
3/ “Privacy is necessary for an open society in the electronic age. … We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy … We must defend our own privacy if we expect to have any.
1/ Chatcontrol: Eu Parliament Approves Mass Surveillance of Private Communications patrick-breyer.de/en/chatcontrol…
2/ On July 6th, the European Parliament approved the ePrivacy Derogation, allowing providers of e-mail and messaging services to automatically search all personal messages of each citizen for presumed suspect content and report suspected cases to the police.
3/ German Pirate Party Member of the European Parliament Patrick Breyer, shadow rapporteur on the legislative proposal, comments on his website: “The adoption of the first ever EU regulation on mass surveillance is a sad day for all those who rely on free and confidential…
2/ “We think this is the oldest renewable energy facility in the world that’s still running,” said Jim Besha Sr., CEO of Albany Engineering Corp., which owns the Mechanicville hydroelectric station, built in 1897.
3/ After years spent rebuilding the plant that was abandoned by National Grid, it is now back to full power. It is using all the original 1800s machinery, not enough for a lot of profit, which is why some of the plant’s energy is being used to mine bitcoin.
1/ Buy Bitcoin Without Fees
@jackmallers announced that it’s now possible to buy bitcoin on @ln_strike with no fees outside of the market spread. He shows what you get, when purchasing #BTC for $100 after fees:
Coinbase: $97.01
Venmo: $97.70
CashApp: $97.74
@jackmallers announced that it’s now possible to buy bitcoin on @ln_strike with no fees outside of the market spread. He shows what you get, when purchasing #BTC for $100 after fees:
Coinbase: $97.01
Venmo: $97.70
CashApp: $97.74
2/ We can see Coinbase remains the most expensive, at nearly 3%. Venmo and CashApp are cheaper, but still, often charge retail well over 2% to buy bitcoin.
3/ reuters.com/article/paypal… PayPal recently lifted its costs for merchants (unseen for customers) from 2.59% plus 49 cents to 3.49% plus 49 cents per transaction.
1/ Banks Stormed in #Lebanon
“Lebanon, which already had a fragile economy, has been sinking into an unprecedented financial crisis since 2019. In two years, the local currency, the Lebanese pound, has lost about 90 per cent of its value.
equaltimes.org/in-the-midst-o…
“Lebanon, which already had a fragile economy, has been sinking into an unprecedented financial crisis since 2019. In two years, the local currency, the Lebanese pound, has lost about 90 per cent of its value.
equaltimes.org/in-the-midst-o…
2/ While the official rate set by the Central Bank of Lebanon is 1,500 pounds to the US dollar, and the bank rate is 3,900 pounds, in reality, on the black market, a dollar is today equivalent to 13,000 pounds. This inflation is having a dramatic impact on farmers.”
3/ But not only on farmers, students who need their savings to pay for studying abroad are not getting their money out of the bank. Making the advantages of self-custodying money are obvious. upi.com/Top_News/World…
1/ Reactions towards El Salvador making #bitcoin legal tender: The head of the Central American Bank for Economic Integration (CABEI) said on Monday the bank will give El Salvador technical assistance to implement bitcoin as legal tender, reuters.com/business/cenam… even though…
2/ …it still issues debt only in dollars. CABEI’s executive president, Dante Mossi, said the move would offer Salvadorans many opportunities, including lowering the cost for relatives abroad to send remittances.
3/ The World Bank was less supportive, citing “environmental and transparency shortcomings” as reasons why they cannot support Bitcoin.
1/ #Bitcoin trading volume development:
I’ve built an animation showing the increase and decrease in trading volume on Bitcoin peer-to-peer platforms @LocalBitcoins and @Paxful within the last year. Data @MattAhlborg.
I’ve built an animation showing the increase and decrease in trading volume on Bitcoin peer-to-peer platforms @LocalBitcoins and @Paxful within the last year. Data @MattAhlborg.
2/ A lot of trading on other platforms and directly between individuals goes unaccounted for in this illustration, but it shows the overall development in different regions around the world.
3/ Red areas show a gain in trading volume, while blue signals a loss compared to the previous time frame. In the last 30 days we saw blue or white all over the globe, that was the last dip in full effect. This week the trading volume increased again in Africa and Eastern Europe.
1/ Watch Out for Fake Hardware Wallets
A user reported on reddit that they were sent a Ledger hardware wallet although they didn’t order it. Victims of the latest data breach be aware, you might receive this Ledger Nano X too.
A user reported on reddit that they were sent a Ledger hardware wallet although they didn’t order it. Victims of the latest data breach be aware, you might receive this Ledger Nano X too.
2/ It comes with a letter by Ledger’s CEO and in a Ledger branded bag. Enclosed in the package is a shrinkwrapped Ledger Nano X box that contains what appears to be a legitimate device. bleepingcomputer.com/news/cryptocur…
3/ While regular Ledger hardware wallets are safe, Ledger’s address data breaches are very annoying and endanger people. What really upsets me, is Ledger’s negligence and that they never offered any kind of compensation to their affected customers.
1/ I’m not into trading and I’m also not into price predictions. Nevertheless #Bitcoin’s transparency enables data analytics unseen in traditional financial systems.
Hodler net position change is one of those interesting metrics.
Hodler net position change is one of those interesting metrics.
2/ It shows the monthly position change of long term investors (HODLers). It indicates when HODLers cash out (negative) and when net new positions are accumulated by HODLers. The metric was coined by Adamant Capital with @TuurDemeester.
3/ You can see that this metric has turned green for the first time since October 2020, a bullish signal.
