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My bitcoin has been going nutssssssss! Up 70% in the last month and almost 1000% this year! Gimme the loot baby!    Edit: when bitcoin was first developed I started mining it and had al

Meanwhile in NFT land...    

The first rule of crossfit/Crypto: always talk about crossfit/crypto

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1 minute ago, wiscotitansfan said:

Isn't that less than a percent of a percent of what he is managing? (0.00777777778%)

I mean yes, the math is the math. The important point is getting off zero. When everyone that participates in the stock market in an index fund has some allocation/exposure to Bitcoin is how additional adoption will continue. Can't get to >10T market cap without further integration within TradFi. 

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13 minutes ago, Supdawg said:

I mean yes, the math is the math. The important point is getting off zero. When everyone that participates in the stock market in an index fund has some allocation/exposure to Bitcoin is how additional adoption will continue. Can't get to >10T market cap without further integration within TradFi. 

I get your point but it's not really a vote of confidence at all, as of now it's just doing your fiduciary duty and diversifying a tiny tiny tiny tiny bit

Edited by wiscotitansfan
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10 hours ago, titanruss said:

Team ripple got some great news. 

 

Yep, won their lawsuit. 

Not a fan of the company, but it's great news for the future of the industry. 

SBF is in Jail

Mashinsky is in jail

 

BTC at yearly highs

SEC lost their lawsuit

BTC having less than 12 months away

DXY is in the process of breaking down

 

Now fucking send everything. Nature is healing

 

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8 hours ago, Supdawg said:

 

Yep, won their lawsuit. 

Not a fan of the company, but it's great news for the future of the industry. 

SBF is in Jail

Mashinsky is in jail

 

BTC at yearly highs

SEC lost their lawsuit

BTC having less than 12 months away

DXY is in the process of breaking down

 

Now fucking send everything. Nature is healing

 

 

also forgot about this which is pretty huge. may have already been posted here...

 

https://www.paymentcardsettlement.com/en

 

Basically visa/mastercard lost their court battle with merchants. It used to be illegal for merchants to charge the CC fee to customers. Now they can and all are starting to across the board. So even though prices had the CC fee marked in, now they can still charge it on top.

 

so shit even without inflation just got 3-5% more expensive with a CC.

 

lightning/strike fees should beat that handily.

 

 

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13 hours ago, titanruss said:

 

also forgot about this which is pretty huge. may have already been posted here...

 

https://www.paymentcardsettlement.com/en

 

Basically visa/mastercard lost their court battle with merchants. It used to be illegal for merchants to charge the CC fee to customers. Now they can and all are starting to across the board. So even though prices had the CC fee marked in, now they can still charge it on top.

 

so shit even without inflation just got 3-5% more expensive with a CC.

 

lightning/strike fees should beat that handily.

 

 

I saw this week, that there is a bill in I congress that essentially allows the merchants to choose a non-visa/mc interchange to run CC charges. 

I am a big credit card point guy, so this could really destroy the credit card rewards industry. 

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On 7/14/2023 at 4:49 PM, titanruss said:

 

also forgot about this which is pretty huge. may have already been posted here...

 

https://www.paymentcardsettlement.com/en

 

Basically visa/mastercard lost their court battle with merchants. It used to be illegal for merchants to charge the CC fee to customers. Now they can and all are starting to across the board. So even though prices had the CC fee marked in, now they can still charge it on top.

 

so shit even without inflation just got 3-5% more expensive with a CC.

 

lightning/strike fees should beat that handily.

 

 

 

Joe's Friend:  Hey Joe, how's it going.

 

Joe Proprietor: Not well, I lost my business.

 

Joe's Friend: How? Your online business was doing great. What happened?

 

Joe Proprietor: I started charging a credit surcharge and all my customers left. 

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1 hour ago, 9 Nines said:

 

Joe's Friend:  Hey Joe, how's it going.

 

Joe Proprietor: Not well, I lost my business.

 

Joe's Friend: How? Your online business was doing great. What happened?

 

Joe Proprietor: I started charging a credit surcharge and all my customers left. 


amazon now is starting to charge for returns. Tipping is commonplace at gas stations... and every single gas station I know of makes you buy $5 of something if you want to pay with CC. 
 

business is not hurt a single bit. 
 

As long as some people accept these charges as normal then more businesses do them.  The profit made on the charges is more than the customers lost

 

...and many places there will be zero alternative options. 

Edited by titanruss
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