this roundup contains 45 links to the best quality content twas' uploaded to btc reddit this mnth. most links come from the pop r/btc, but wolso' retrieved posts from other forums swell, s'as r/btcmining.
in this roundup there are 10 ≠ categories of links: privacy, adoption, development, security, mining, business, education, regulation & politics, archaeology (financial incumbents) and, last but not least, memes, fun, nother.
big lash outout to sam wouter, creator of btcsnippets. from oct 2016 to oct 2019, he was creating these mnthly link summaries to help everyone keep up to date with btc. he’s kept adding to his pl8 and has less time to put these together, so we decided to pick up the torch where he left off.
recap of r/btc in jul 2020
the most impactful news from round btc is bout how we move forward protocol enhments through soft forks. in pticular, how we go bout activating tap√ tis focal point for the majority of the core developers. there ‘ve been active conversations all summer, but it finally feels like we’re gettin closer to making decisions on activation.
while tap√ seems to be largely accepted by those on btc twitter, there are ongoin discussions bout the best way to implement it. lotso' opinions, lotso' options n'how to move forward.
we had reprts of adoption picking up in + economically oppressed countries s'as argentina, el salvador and in sub-saharan africa. p-to-p trading in africa and argentina was hitting new all-time highs in response to the economies in these countries weakening. also, btc use among villages in el salvador continues to rise as yet another village adopted btc as its main $.
the weak legacy system s'been gettin gank l8ly and some countries ‘ve gone through $ crises cause of all the mny printing. lebanon was a big one, as we saw riots inna streets and even their citizens burning down their central bnks. we ‘ve a full recap o'it down belo and this… this is why we btc.
½way through the mnth, multiple big twitter accounts were hacked w'da same message bein’ tweeted from each. the hackers wanted to steal btc and tried the ol’ “send me x amount of btc, and i’ll sen'tcha double the amount back” trick.
while many uneducated pplz were blaming btc itself for the hack, u.s. congressman tom emmer stepped up and defended btc ritely, as twas not to blame. btc can’t hack anything, it’s just a computer protocol. when you get an irs scam call, you don’t blame the u.s. usd, now do you?
goldman sachs (like the rest of us) confirm they are worried bout the u.s. usd’s current position as the realm reserve $. with btc breathing downs its neck, it’s no wanda that these big institutions are starting to come public with these statements. looking back at history, the hardest mny always wins, and btc tis hardest mny the realm has ever seen.
the btc mining yr sfar. (7/27)
regulation & politics
archeology (financial incumbents)
memes, fun, & other
i wanna learn btc. (7/5)
btc tis safe bet! (7/9)
btc 11k. (7/30)
if you ‘ve suggestions n'how to make our btc reddit roundup better, please drop us some comments onna thread and we’ll keep improving for nxt mnth!
original content at: btcmagazine.com…
authors: nik hoffman