The Trump administration has formally notified Congress that it intends to sell nearly $500 million in precision bombs to Saudi Arabia, a transaction that will fuel criticism from lawmakers who oppose arming the Persian Gulf nation over its record of human rights abuses and role in the war in Yemen washingtonpost.com/nation…
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πŸ‘€︎ u/DoremusJessup
πŸ“…︎ Dec 24 2020
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[Charania] The NBA has determined the Milwaukee Bucks violated league rules with timing of Bogdan Bogdanovic transaction and will lose their 2022 second-round draft pick, sources tell @TheAthleticNBA @Stadium. twitter.com/shamscharania…
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πŸ‘€︎ u/curryybacon
πŸ“…︎ Dec 21 2020
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AITA for deciding I won't give any Christmas gifts this year after my mom cancelled a transaction on my card?

I'm still angry over this and I may not write very well, and also I probably don't judge the situation very well being this angry so I came to you.

I'm a student. I have a student bank account, where my college gives me money for transport (when we had physical classes) or scholarship. These kind of bank accounts have no fees, but are age restricted (can't have one if you're over 25) and need an overseer. When I asked the bank about it, they told me it's just a security thing so I chosen mom because she's more tech savvy than dad.

Well through some incredible luck I managed to get only top grades last year so I was awarded a study scholarship. Great! I've been saving it up, looking forward to word wide Black Friday, eyeing an amazing drawing tablet. I do digital art on very old intros, the tablet I was eyeing is as big as my monitor, is a display one and all around amazing.

Black Friday rolls in, and Amazon Germany (closest to me) has it in stock at an amazing price! A price I could afford! I was so damn happy, I ordered it.

Then I got a notice that the bank refused the card. I emailed Amazon (their customer service is so fast) and we went over the card details and such making sure it was alright. It was and they advised me to call my bank.

It was odd, I had bought things online in the past with this card and it went through. I had enough money for it (even extra) so I thought maybe they had technical difficulties. But it was too late in the day to call and they don't work weekends, so I left an email.

Only to find out today that for "big transactions" they ask for agreement from the overseer and that mine cancelled the transfer. I was like wtf and confronted mom about it (who throughout the weekend acted oblivious) and she told me that of course she couldn't let me "throw money on something I don't need" and that "I wouldn't have money for Christmas presents if I bought that". Then she had the audacity to ask me what I was planning to get my family this year.

I told her that they won't get anything more than a bread shadow* from me and I went to my room and cried on the carpet. I missed out on the offer, I can't afford the tablet anymore and it's all because mom wanted Christmas gifts. And no, I won't get her anything. Last year she got me a blouse too small for me that she later took for herself. She can gift herself this year too.

*Bread shadow= expression for nothing in my language

Edit: there are so many comments and I thank you all, I'm tr

... keep reading on reddit ➑

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πŸ“°︎ r/AmItheAsshole
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πŸ‘€︎ u/JustAnonymWolf
πŸ“…︎ Nov 30 2020
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This is how much money my son saved from not buying micro transactions in g*mes for 6 months so far, so proud of him!
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πŸ‘€︎ u/Thic_water
πŸ“…︎ Dec 29 2020
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Don't transaction fees and confirmation time basically mean we will never be able to use bitcoin to buy a cup of coffee?

The concept of buying a cup of coffee with crypto is somewhat of a trope at this point but please bear with me and help answer this question. My understanding is that with bitcoin it take 10-15 minutes to verify a transaction, and that transaction fees can be around $1 or more or less depending on network demand. So if a coffee shop started accepting bitcoin and I went and bought a cup of coffee, how would it work? Would I buy a $3 coffee and then have to pay $1 transaction fee plus wait for 10-15 minutes so the coffee shop could verify the transaction? If that is the case then can we conclude that bitcoin will never be appropriate for small scale transactions of this type? Or am I missing something?

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πŸ“°︎ r/CryptoCurrency
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πŸ“…︎ Dec 31 2020
🚨︎ report
[Rapoport] According to the transaction wire, former Seahawks DL Damon β€œSnacks” Harrison was claimed by the Packers. twitter.com/rapsheet/stat…
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πŸ“°︎ r/GreenBayPackers
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πŸ‘€︎ u/GreenGator
πŸ“…︎ Dec 30 2020
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Someone transferred $165,000,000 in #bitcoin and paid a fee of 0.00006520BTC or about $1.20 One dollar and twenty cents. That's a transaction fee of 0.00000072% No 3rd party needed to facilitate this. Nobody could stop it. Nobody can reverse this.
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/SorenStephenson
πŸ“…︎ Dec 08 2020
🚨︎ report
News** US approves banks using crypto to settle transactions. mobile.twitter.com/jerall…
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πŸ‘€︎ u/saphore
πŸ“…︎ Jan 05 2021
🚨︎ report
In a world where unimaginable amounts of money are moved around electronically every day, millions of online transactions are processed every minute, and I can pay my taxes, file returns, and renew my drivers license online - why is voting online β€œnot safe” or insecure?
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πŸ‘€︎ u/KnowMatter
πŸ“…︎ Nov 08 2020
🚨︎ report
The USTreasury is proposing crypto regs that will force exchanges to collect, store and share with the gov. personal information associated with crypto transactions. If you believe this to be an intrusion on your privacy, share you concerns HERE beta.regulations.gov/comm…
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πŸ“°︎ r/CryptoCurrency
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πŸ‘€︎ u/Chubkajipsnatch
πŸ“…︎ Dec 30 2020
🚨︎ report
The man who received the first BTC transaction passed away far too early. Letβ€˜s raise our glasses for Hal Finney πŸ₯‚ the man who might even be Satoshi Nakamoto himself

I would love to see the satifisfying smile on Hal Finney’s face as β€žhisβ€œ Bitcoin is paving its way to become an accredited and established financial network as well as storage of wealth.

Dear Hal, your Bitcoin just cracked the $34k barrier! You and your friends have kicked off a fukcing revolution back in 2009. Sadly, in 2014 you passed away far too early due to your ALS disease πŸ˜” You never witnessed how big and strong your baby actually got.

Today is the 12th birthday of Bitcoin. Hal Finney was the receiver of the first BTC transcation, sent by Satoshi Nakamoto on January 12th, 2009.

Many community fellows, including myself, are advocates of the theory that Satoshi Nakamoto actually sent that very first Bitcoin to himself. Hal Finney and Satoshi Nakamoto might be one and the same person (Source).

Anyways, no matter if he really is Satoshi or not, I would like to say thank you to a wonderful and great human, whose achievements and engagements can’t be appreciated enough ✨

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πŸ“°︎ r/CryptoCurrency
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πŸ‘€︎ u/nicoznico
πŸ“…︎ Jan 03 2021
🚨︎ report
Python is the most used programming language in the world. My friend made a tutorial on how to use Python for Ethereum. You will learn how to connect to an Ethereum node, manage your account, and make transactions using Python. laconicml.com/python-for-…
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πŸ“°︎ r/ethereum
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πŸ‘€︎ u/yung_quan
πŸ“…︎ Jan 09 2021
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EA love the micro transactions
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πŸ“°︎ r/memes
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πŸ‘€︎ u/Skelldor24
πŸ“…︎ Nov 29 2020
🚨︎ report
xDai, a Layer 2, is literally the 3rd most used blockchain by transactions.
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πŸ“°︎ r/ethereum
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πŸ‘€︎ u/yesbuddyyes123
πŸ“…︎ Jan 06 2021
🚨︎ report
How is this still a thing?!?! This game is so unplayable for me at the moment. I’m just a casual player that’s loved this game since it came out and it’s not even remotely enjoyable. But the store always works for the micro-transactions! v.redd.it/amzgwho08ba61
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πŸ“°︎ r/CODWarzone
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πŸ‘€︎ u/LoganS24
πŸ“…︎ Jan 09 2021
🚨︎ report
A 2nd American Miner (MARATHON PATENT GROUP) is joining DMG BLOCKCHAIN, in the transaction censorship pool
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/jonny1000
πŸ“…︎ Jan 05 2021
🚨︎ report
Today’s Transactions’s
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πŸ‘€︎ u/lecque
πŸ“…︎ Jan 09 2021
🚨︎ report
[Stein] The NBA has opened an investigation of the reported transaction involving Milwaukee and Sacramento that was to send Bogdan Bogdanovic to the Bucks via sign-and-trade after Friday's scheduled start of free agency, @NYTSports has learned twitter.com/TheSteinLine/…
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πŸ‘€︎ u/deividdosan
πŸ“…︎ Nov 20 2020
🚨︎ report
Diablo Immortal is cool. I hope the micro-transactions don't ruin it|Skill Up Impressions youtube.com/watch?v=y2fpq…
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πŸ‘€︎ u/dragonator24
πŸ“…︎ Dec 28 2020
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Everyone is mad about Whatsapp sharing their data with Facebook, but no one cares that their digital currency account balances and transactions are shared with everybody!?

I feel like, people need to know the truth and that Monero needs a "Use Monero... " moment from Elon or someone like that just as he did with "Use Signal." If we don't make people aware of this now, we are going to really regret it later.

I love this community, but unfortunately it also means that many supporters of Monero also don't like to be public with their views. This keeps Monero in the dark for most of the world and only the lucky ones stumble upon it. I'm not sure what the right move is, but I just wanted to vent my frustration during this time when everyone is mad at Whatsapp terms and conditions changing.

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πŸ“°︎ r/Monero
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πŸ‘€︎ u/jedigras
πŸ“…︎ Jan 09 2021
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MLS is hiring a Financial Analyst to work on player transactions linkedin.com/jobs/view/23…
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πŸ‘€︎ u/ChrisSavino
πŸ“…︎ Jan 14 2021
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David Perdue Hit With More Allegations of Shady Stock Transactions nymag.com/intelligencer/2…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/Minneapolitanian
πŸ“…︎ Nov 20 2020
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Blursed_transaction
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πŸ“°︎ r/blursedimages
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πŸ‘€︎ u/NaythanDoil
πŸ“…︎ Jan 11 2021
🚨︎ report
The man who received the first BTC transaction passed away far too early. Letβ€˜s raise our glasses for Hal Finney πŸ₯‚ the man who might even be Satoshi Nakamoto himself (crosspost) np.reddit.com/r/CryptoCur…
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/nicoznico
πŸ“…︎ Jan 03 2021
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Someone doesn't understand how transactions work I guess...

Me: myself
PK: Phone Karen

PK: "Why did you charge my credit card twice?"
Me: "We didn't. Only one of the transactions you see is a charge. The other one is just a security hold from checking in and will be released back to you by your bank since you've checked out."
PK: "Okay but why did you charge me twice then?"
Me: "We didn't ma'am. One was only a hold for incidentals, your bank will release it in a day or two. Only the charged transaction amount is going to be taken."
PK: "Yeah, I see that. It says one is a hold. But then why am I seeing two different amounts charged on here?"

This went on for literally 20 minutes just now before she demanded to know my name and hung up.

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πŸ‘€︎ u/infj_1990
πŸ“…︎ Jan 01 2021
🚨︎ report
Singaporean bank has listed Mihoyo as a "Fraudulent Firm" and block all transactions towards Mihoyo

If you are in Singapore and using POSB Bank, you will be probably not able to make any micro-transactions in the incoming banners. If you really wish to pull, you can call the POSB customer service to make a temporary blocking lift just for you.

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πŸ‘€︎ u/Colin10086
πŸ“…︎ Jan 07 2021
🚨︎ report
Bitcoin transaction censorship is coming /r/Bitcoin/comments/kqyg0…
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πŸ“°︎ r/Monero
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πŸ‘€︎ u/soccersousa
πŸ“…︎ Jan 05 2021
🚨︎ report
With Perdue and Loeffler Under Fire for Shady Transactions, Warren Intros Bill to Ban Lawmakers From Trading Stock. "With U.S. senators brazenly trading stocks to profit off a raging pandemic, the Anti-Corruption and Public Integrity Act is more urgent than ever." commondreams.org/news/202…
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πŸ‘€︎ u/roku44
πŸ“…︎ Dec 19 2020
🚨︎ report
86,838 unconfirmed transactions on Bitcoin Core
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πŸ“°︎ r/btc
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πŸ‘€︎ u/arldyalrdy
πŸ“…︎ Jan 13 2021
🚨︎ report
BCH is Running! Transactions are up to! People are using it more than ever before! This is Great!

Edit - BCH is officially out of its bear market. It has surpassed its multi-year highs.

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πŸ‘€︎ u/throwawayo12345
πŸ“…︎ Jan 09 2021
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The last time BTC's Average Transaction Fee (and fee percentage of total block reward) was as low as BCH's is right now, was in March 2012, while BCH has 4x as many addresses active, 15x as many transactions and blocks are 10x as big.

Triggered? Alright, bear with me, you will see where I am getting at, continue to read. This post includes a bit of Bitcoin history.

So, what do these numbers mean exactly? The amount of transactions on the Bitcoin Cash network is reaching levels again that Bitcoin had in march 2015. At that time though Bitcoin's average transaction fee was already reaching 4 cent. While Bitcoin Cash today is staying at 0.3cent.

Meaning, Bitcoin users were already paying more to move their coins from 2012 on, and when as many transactions occured on Bitcoin as they are now again occuring on Bitcoin Cash, users were already paying more than 10x as much to move their coins.

So why is that? Why would Bitcoiners in 2015 pay 10x as much for transactions even though there was still plenty of block space?

One of the reasons is that around that time discussions about the fee economics of Bitcoin had already started.

In 2014 a paper was published called "The economics of Bitcoin transaction fees" in which the author Nicholas Houy concluded that Bitcoin either needs a limited block size or a minimum transaction fee to survive in the long term. He also held a speech about Bitcoin economics in the same year that you can watch on youtube. I can highly recommend to watch it.

So now comes my question, and you might want to read his paper first before addressing this question:

Are the current statistics an indication already that Nicholas Houy's conclusion about the survival of Bitcoin was wrong? Or did Bitcoiner's in 2015 did the right thing in voluntarily paying more for their transactions than Bitcoin Cash users do today?

In any case, its useful to go back and remember, or learn about, Bitcoin's history to understand why we are where we are today.

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πŸ‘€︎ u/grmpfpff
πŸ“…︎ Jan 03 2021
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[ CryptoCurrency ] Don't transaction fees and confirmation time basically mean we will never be able to use bitcoin to buy a cup of coffee?
Topic originally posted in CryptoCurrency by Chap_stick_original [link]

The concept of buying a cup of coffee with crypto is somewhat of a trope at this point but please bear with me and help answer this question. My understanding is that with bitcoin it take 10-15 minutes to verify a transaction, and that transaction fees can be around $1 or more or less depending on network demand. So if a coffee shop started accepting bitcoin and I went and bought a cup of coffee, how would it work? Would I buy a $3 coffee and then have to pay $1 transaction fee plus wait for 10-15 minutes so the coffee shop could verify the transaction? If that is the case then can we conclude that bitcoin will never be appropriate for small scale transactions of this type? Or am I missing something?


/u/Chap_stick_original your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].

[deleted comment]

[deleted comment]

[deleted comment]

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πŸ‘€︎ u/anticensor_bot
πŸ“…︎ Jan 01 2021
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Okay, I'm sold after seeing how quick and painless transactions are. But temper me a bit, what are Nano's main criticisms?

I get the hype. I can't see BTC as a daily currency, but I view it more as poised towards becoming a wonderful reserve currency for individuals and institutions alike. Nano seems to overcome the major hurdles to act as an actual, usable crypto coin. I'm doing my best to grok the whitepaper :)

Can you tell me what your reservations are about nano?

addition: both technical and ELI5 answers would be appreciated! A lot of this tech is new to me.

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πŸ“°︎ r/nanocurrency
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πŸ‘€︎ u/LionSuneater
πŸ“…︎ Jan 10 2021
🚨︎ report
Hi all, was inspired to make my own budget diagram. I'm mid 30s and live in Metro Vancouver and I've used Mint to budget all my transactions since 2012. Just about every dollar I've spent I have tracked! Here's my 2020 spending in a Sankey diagram. I love data!

Hi all, I've seen some really cool budget diagrams and was inspired to make my own. I use Mint to budget all my transactions both automated and manual and have done so since 2012. Just about every dollar I've spent I have tracked! Sankey Budget

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πŸ‘€︎ u/matdex
πŸ“…︎ Jan 06 2021
🚨︎ report
Trump signs executive order blocking transactions with Alipay, WeChat Pay, and six other Chinese apps theverge.com/2021/1/5/222…
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πŸ“°︎ r/btc
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πŸ‘€︎ u/Egon_1
πŸ“…︎ Jan 06 2021
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What the first Bitcoin transaction was probably like youtu.be/bSv2nK3xDJw
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/mking8899
πŸ“…︎ Jan 13 2021
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[Condotta]: NFL transactions show Seahawks have signed WR John Ursua to a futures contract. twitter.com/bcondotta/sta…
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πŸ“°︎ r/Seahawks
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πŸ‘€︎ u/GotemCoach123
πŸ“…︎ Jan 13 2021
🚨︎ report
Bitfluencers peddle snake oil: ""Give it a year and all transactions under $5 will be on Lightning Network." - Tone Vays, May *2019* v.redd.it/j6rl4lb8xm961
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πŸ‘€︎ u/mkgll
πŸ“…︎ Jan 06 2021
🚨︎ report
Apple Pay antitrust pressure grows as service heads towards 10% of all transactions 9to5mac.com/2020/12/18/ap…
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πŸ“°︎ r/apple
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πŸ‘€︎ u/Yashpreet_Singh
πŸ“…︎ Dec 18 2020
🚨︎ report
Releasing Unreal Nano Lite: A 3D/VR transaction visualizer for iOS/ Android/ Win/ Linux/ MacOS youtu.be/IM03kMzry8I
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πŸ“°︎ r/nanocurrency
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πŸ‘€︎ u/Joohansson
πŸ“…︎ Jan 11 2021
🚨︎ report
Trump signs executive order blocking transactions with Alipay, WeChat Pay, and six other Chinese apps theverge.com/2021/1/5/222…
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/nullc
πŸ“…︎ Jan 06 2021
🚨︎ report
BTC AVERAGE TRANSACTION FEE (24H) $10.60

Money of the future. $10.60 average transaction fee.

πŸ‘︎ 70
πŸ“°︎ r/Buttcoin
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πŸ‘€︎ u/spookmann
πŸ“…︎ Jan 11 2021
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Micro transactions in single player games are truly insane and I will never understand the people who defend it

People who say β€œdon’t buy it” when defending micro transactions are truly just the worst people. Its a stupid argument because guess what? We did buy it, we bought a 60 dollar game expecting 60 dollars of a game but nope it’s locked behind a paywall that for some reason people will defend. The only place micro transactions belong are free to play and multiplayer games but even then you shouldn’t be going crazy with it.

You wanna know a single player game worth 60$ that doesn’t have micro transactions? The Witcher 3. Wanna know a multiplayer game worth 60 dollars that has micro transactions that aren’t 20 dollars and actually gives you something good? Titanfall 2 and the best part is titanfall 2 isn’t even 60$. Stop wasting your money on these outrageous micro transactions people and stop defending them when that ARE outrageous.

πŸ‘︎ 43
πŸ“°︎ r/gaming
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πŸ‘€︎ u/wild-shamen
πŸ“…︎ Jan 06 2021
🚨︎ report
Trump signs order banning transactions with eight Chinese apps including Alipay nbcnews.com/tech/tech-new…
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πŸ“°︎ r/business
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πŸ‘€︎ u/GeeWhillickers
πŸ“…︎ Jan 06 2021
🚨︎ report
New to Bitcoin? Use SegWit supported wallets and save 40% on transaction fees!
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πŸ“°︎ r/Bitcoin
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πŸ‘€︎ u/mishax1
πŸ“…︎ Jan 10 2021
🚨︎ report
[Ian Rapoport] According to the transaction wire, former #Seahawks DL Damon β€œSnacks” Harrison was claimed by the #Packers. twitter.com/RapSheet/stat…
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πŸ“°︎ r/Seahawks
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πŸ‘€︎ u/NickyTheNewt
πŸ“…︎ Dec 30 2020
🚨︎ report
[Bell]:More details are emerging from the local media: Turkish businessman Agon Illigali played an important role in financing the deal of Mesut Ozil with Puma. Fenerbahce - according to reports - is working to close the remaining small details before the transaction becomes official.

https://twitter.com/TheAFCBeII/status/1346767111729897473

Edit: typo--it is "Acun IlΔ±calΔ±" instead.

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πŸ“°︎ r/Gunners
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πŸ‘€︎ u/zeusdreaming
πŸ“…︎ Jan 06 2021
🚨︎ report
Here is $5 worth of Bitcoin Cash to the first person to click this link. This is an on chain uncensorable transaction. Bitcoin can no longer do this because of its block size limit and intentional high fees. This is why the future is Bitcoin Cash. branch.wallet.bitcoin.com…
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πŸ“°︎ r/btc
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πŸ‘€︎ u/MemoryDealers
πŸ“…︎ Jan 03 2021
🚨︎ report

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