Daily Discussion, May 31, 2018

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Suggested Topics

  • Screenshots
    • of article headlines without the article
    • of your favorite price ticker
    • of your exchange website
    • of your private chats
  • Wallet/Exchange/Network
    • recommendations
    • complaints
    • service outages
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  • All things price
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    • price on your smart watch
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  • Questions
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  • That thing your coworker said
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Your price screenshots and repetitive submissions are being removed, so please stop submitting them!

Please check the previous discussion thread for unanswered questions.

submitted by /u/rBitcoinMod
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Bitcoin – The Currency of the Internet

BitMEX Research: Bitcoin Economics – Deflationary Debt Spiral (Part 3) – Bitcoin is resilient against some traditional disadvantages of deflation. Bitcoin has weaknesses, often overlooked by critics, which make the controversial supply cap necessary. (New PDF Report)

submitted by /u/BitMEXResearch
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Bitcoin – The Currency of the Internet

I run a small law office — had my first Bitcoin paying client today.

I run a small law practice. I do mostly Estate Planning (wills, trusts, & probate) and Evictions (oddball side of the practice that grew out of the probate side but is now about 35% of my business).

At the end of most client meetings I ask: "How do you want to pay me?"

Clients will often reply: "What will you take?"

I always answer (in a light-hearted way): "I'm a lawyer, I'll take anything…cash, check, card… I'll even take BitCoin." (This gets a chuckle out of most clients).

I've been doing this line for years…. never gotten a taker. Years!

Today, the client said: "You take bitcoin?"

And after printing my public key QR code, client transferred fee via bitcoin.

Took about 30 seconds to show up as pending, that was good enough for me. We finished up meeting and client left office.

I hope client "spends and replaces" because that might become my largest fee I've ever gotten in 10 years, but in the meantime, I'm just happy to put it to real use!

KEEP USING BITCOIN FOLKS. JUST REMEMBER TO REPLACE!

submitted by /u/fknr
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Bitcoin – The Currency of the Internet