r/Bitcoin recap - September 2019

Hi Bitcoiners!

I’m back with the 33rd monthly Bitcoin news recap.

For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.

You can see recaps of the previous months on Bitcoinsnippets.com

A recap of Bitcoin in September 2019

Adoption

• The average profile of someone who uses Bitcoin (2 Sep)

• Bitcoin is at a $2250 premium in Argentina after the president imposes capital controls (9 Sep)

• SegWit adoption is 50%, with Blockchain, Binance, BitMEX, Bittrex & others still not adopting it (16 Sep)

• The Tor Project now uses BTCPay Server to accept bitcoin and lightning donations (19 Sep)

• An update from Bitcoin in Venezuela (29 Sep)

Development

• Jack Mallers creates a bank to Lightning channel integration in the non-custodial Zap wallet (19 Sep)

• New BIP draft on Erlay, which reduces node bandwidth consumption by at least 40% (26 Sep)

Security

• Norwegian bitcoin millionaire jumps down 2 stories after man with shotgun broke into his house (8 Sep)

• A Security vulnerability in the Lightning Network was reported (27 Sep)

• People debunk misconceptions around Google’s quantum computer breakthrough with regards to Bitcoin’s security (29 Sep)

Mining

• Bitcoin’s hashrate passes 100 Exahashes per second (5 Sep)

• 31 Bitcoin block reward halvings remain (7 Sep)

• Bitcoin network has 8x more mining power than at its price peak (9 Sep)

Business

• Jack Dorsey continues to advocate for Bitcoin with no chance of a Twitter coin any time soon (4 Sep)

• Bitpay suspends bitcoin donations to Hong Kong Free Press (11 Sep)

• Lolli CEO Alex Adelman on CNN (11 Sep)

• Square Crypto grants $100k to open source BTCPay Server Foundation to continue development (14 Sep)

• Bakkt goes live with their Bitcoin monthly futures contracts (23 Sep)

• Bakkt COO Adam White discussing their futures exchanges launch on CNN (24 Sep)

• Apple Pay’s Vice President confirms they are watching cryptocurrency as it has long term potential (25 Sep)

Education

• An article explaining Miniscript, streamlined Bitcoin scripting (8 Sep)

• Understanding Bitcoin’s price movements for beginners (8 Sep)

• A guide on Bitcoin privacy for non-technical people (12 Sep)

• The Bitcoin Bible book by a 17 year old (13 Sep)

• 13 hours of Lightning Network education from Chaincodelabs’ summer residency (18 Sep)

• A discussion on Bitcoin and smart contracts (29 Sep)

Regulation & Politics

• France will not tax crypto-to-crypto trades, only when converted into fiat currency (12 Sep)

• France and Germany agree to block Facebook’s Libra (14 Sep)

• Travis Kling on CNN about Bitcoin as an insurance policy against monetary and fiscal policy irresponsibility (19 Sep)

• Ukraine plans to make Bitcoin and other cryptocurrencies taxable (28 Sep)

Archeology (Financial Incumbents)

• The European Central Bank restarted printing €20B per month (12 Sep)

• The Federal Reserve creates another $128B to support the financial market (19 Sep)

• PMC Bank in India restricts account holders to withdrawing $141 in 6 months (26 Sep)

Price & Trading

• Someone got a Localbitcoins transaction reversed and gets into trouble with their bank (16 Sep)

• Comparing various bitcoin bear market recoveries (21 Sep)

• $1.2B in btc was moved to an exchange triggering price movement and big volumes (25 Sep)

Fun & Other

• A DIY BTC price ticker (2 Sep)

• A reminder of why Bitcoin (3 Sep)

• Hong Kong protestors use decentralised mesh messaging app that China can’t block (3 Sep)

• Bitcoin’s existence as an insurance against an Orwellian future (3 Sep)

• Bitcoin Rap Battle Debate (5 Sep)

• Bitcoin has now died 375 times (5 Sep)

• A $13 DIY BTC price monitor (7 Sep)

• A DIY Lightning ATM (9 Sep)

• Akon talking about Bitcoin on The Breakfast Club radio show (10 Sep)

• A flowchart for buying bitcoin or not (10 Sep)

• A 1 btc tip given 6 years ago on Reddit (10 Sep)

• Bitcoin logos on the Hungarian Underwater Rugby Team at the World Cup (13 Sep)

• 1.2 btc has been donated to a street artist who created 5 bitcoin-related murals (15 Sep)

• Bitcoin mining jokes (20 Sep)

• People discuss the richest bitcoin addresses and lost bitcoins (21 Sep)

• The origin of shitcoin (21 Sep)

• A reminder to be friendly to newcomers who want to learn about Bitcoin (26 Sep)