Welcome to the September Edition of Reddit Roundup by Nik[1] and Flip[2] of Bitcoin Magazine!
This contains 44 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin[3], but we also retrieved posts from other ones as well such as r/BitcoinMining[4].
In this roundup, there are 10 different categories each link falls under, and the categories are: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents), and last but not least Memes, Fun, And Other.
One of the most bullish news we had this month was when Venezuela legalized Bitcoin mining. While they’re some drawbacks to this such as requiring a license and using their mandatory national mining pool, this is still good news. Venezuela has cheap electricity so hopefully their citizens can potentially mine it for next to nothing.
On September 15th, MicroStrategy CEO Michael Saylor announced that they have doubled down on their reserves and bought an additional 16,796 BTC. In grand total, the company now owns 38,250 Bitcoin. Saylor has become quite popular recently amongst the Bitcoin community with his fire tweets that get everyone bullish as hell, including his famous “cyber hornet” tweet[5].
Yet again, global banks have been caught laundering money without significant repercussions at the top. This time, it was a staggering two trillion dollars, which is approximately eight hundred times[6] the amount of money laundered with Bitcoin. It’s always the banks and legacy financial people telling others to stay away from Bitcoin because “iTs FoR cRiMinALs”, yet banks are hypocrites because they are the criminals here, not Bitcoin.
We also had a ton of educational content
