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  • Relax Everybody
    by /u/mainevent2020 on January 21, 2021 at 11:04 pm

    Biden has just took office and is about to spend a lot of money for vaccine rollout and massive stimulus package. I know the prevailing logic around here is that will reduce dollar value and increase crypto prices but it does not work like that. Other countries rely on a strong dollar and will buy up dollars to keep it at a high level. What we are seeing is Chinese money and other countries going into dollars instead of crypto. Once everything settles down they will invest in crypto again. Don't panic, don't sell, chill the F out. Stay well. submitted by /u/mainevent2020 [link] [comments]

  • Yellen: US government should consider benefits of cryptocurrencies and digital assets
    by /u/HashMoose on January 21, 2021 at 10:40 pm

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

  • Yellen’s written senate testimony regarding cryptos today, providing a more nuanced answer than her previous oral testimony
    by /u/ericla1014 on January 21, 2021 at 10:03 pm

    Bitcoin and other digital and cryptocurrencies are providing financial transactions around the globe. Like many technological developments, this offers potential benefits for the U.S. and our allies. At the same time, it also presents opportunities for states and non-state actors looking to circumvent the current financial system and undermine American interests. For example, the Central Bank of China just issued its first digital currency. Dr. Yellen, what do you view as the potential threats and benefits these innovations and technologies will have on U.S. national security? Do you think more needs to be done to ensure we have appropriate safeguards and regulations for digital and cryptocurrencies in place? Answer: I think it important we consider the benefits of cryptocurrencies and other digital assets, and the potential they have to improve the efficiency of the financial system. At the same time, we know they can be used to finance terrorism, facilitate money laundering, and support malign activities that threaten U.S. national security interests and the integrity of the U.S. and international financial systems. I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities. If confirmed, I intend to work closely with the Federal Reserve Board and the other federal banking and securities regulators on how to implement an effective regulatory framework for these and other fintech innovations. Link to the official senate testimony: https://www.finance.senate.gov/imo/media/doc/Dr%20Janet%20Yellen%20Senate%20Finance%20Committee%20QFRs%2001%2021%202021.pdf submitted by /u/ericla1014 [link] [comments]

  • PSA for newbies - reading/listening/learning is the most important thing you can do in this space (or when considering any investment).
    by /u/wheelzoffortune on January 21, 2021 at 8:28 pm

    Read EVERYTHING YOU CAN. Read whitepapers. Read positive opinions. Read negative opinions. Read tweets. Read what people have to say on message boards. Read about the backgrounds of the project leaders/developers of whatever you are interested in. Read about projects you missed out on. Read about running your own node. Read about staking. Read about DeFi. Read about smart contracts. Read about projects that failed. Read about traditional (fiat) currencies. Read about the gold standard. Read about silver, platinum, and other precious metals. Read about gemstones. Read about the history of money. Even if you don't think it'll interest you much, learn about it. Listen to/watch YouTube videos. Listen to podcasts. Listen to your friends and family. If they say negative things, listen. If they say positive things, listen to those also. I know it takes time and effort and so many people just want to get the latest coin/token and be done with it, BUT reading and listening to EVERY bit of information will help you so much in the long run because you'll be able to decipher which projects are scams (and there are TONS) and which projects actually are legit. Not only that, but you'll be able to help educate other new people in the future and that is a damn cool thing. NOTE - There's going to be a LOT (and I mean a LOT) of BS out there. The more you read and listen, the sooner you'll be able to figure out what information good and what isn't. submitted by /u/wheelzoffortune [link] [comments]

  • Cardano Goguen Development Update - Getting closer to delivering what was once thought impossible
    by /u/Banker_dog on January 21, 2021 at 7:30 pm

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

  • PSA: It's OK, the Bitcoin whitepaper can be taken down from centralized websites, it's stored for eternity and immutably on Bitcoin's blockchain. (By the way, fuck you Craig Faketoshi Wright).
    by /u/diradder on January 21, 2021 at 7:24 pm

    The multi-sig transaction it's stored in: 54e48e5f5c656b26c3bca14a8c95aa583d07ebe84dde3b7dd4a78f4e4186e713 The way you can decode it (Python 2 implementation). Now try to censor this Faketoshi, chances are you can most likely do it your centralized shitcoin called BSV, but on the actual Bitcoin it will always be here, available to anyone willing to run a Bitcoin node. submitted by /u/diradder [link] [comments]

  • Limit all post karma to 1000 to help distribute Moons more evenly across the sub
    by /u/crypto_grandma on January 21, 2021 at 7:11 pm

    Currently, if somebody makes a post that hits the very top of the sub, it is likely to receive somewhere between 2000 to 8000 upvotes. This could be for anything from a link to a news article, or a reposted meme. Now, there's nothing wrong with that. People can upvote what they want, it's how reddit works. But for Moon distribution, I would like to propose that all posts are limited to 1000 karma. This would allow a more even distribution of Moons across the sub. It is also arguably a fairer distribution. Currently, one person may receive a disproportionately large amount of Moons for something as simple as sharing a CoinTelegraph article, while many others, who may be active members of the sub, offering helpful advice and support to others, will receive a fraction of the amount of Moons in comparison. Limiting all posts to a maximum of 1000 karma would still enable popular posts to be rewarded generously, while allowing a greater share of the Moons to be distributed amongst other users. View Poll submitted by /u/crypto_grandma [link] [comments]

  • [UPDATE] 10 Days Waiting for Coinbase Support
    by /u/tjv72394 on January 21, 2021 at 7:02 pm

    Original Post: https://np.reddit.com/r/CoinBase/comments/ky77up/help_unlocking_my_account/ My update isn't much of an update actually. I still haven't heard anything since posting this, except a vague promise to have my case looked at via email. I have a LOT of crypto tied up in this account and need access to it now! If anyone is interested in looking at r/coinbase it is in utter shambles. All top posts are similar to mine, with many people taking legal action. It seems to me that coinbase is no longer a trustworthy platform, and won't be until they hire a customer support staff. There is even talk of a class-action lawsuit. This post is to get the attention of coinbase 'support' and to spread the word about this disastrous company. I can't believe all of this, especially pre-IPO. submitted by /u/tjv72394 [link] [comments]

  • Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
    by /u/TR5_ on January 21, 2021 at 6:50 pm

    submitted by /u/TR5_ [link] [comments]

  • Bitcoin double spending news are just FUD
    by /u/Kike328 on January 21, 2021 at 5:42 pm

    submitted by /u/Kike328 [link] [comments]


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