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DOGECOIN DAILY DISCUSSION – 11th August.

Hi Shibes,

A few weeks ago one of the Dogecoin developers created a post discussing a proposal to reduce dogecoin fees by 100x. You can read more about it in the link below and share your thoughts with the developers on this news.

https://redd.it/o94qco

Welcome to todays Daily Discussion post. You are dogecoin!

Here are some links and topics that people have wanted me to post here recently. Please take a look!

* [HOW TO BUY DOGECOIN GUIDE UPDATED](https://www.reddit.com/r/dogecoin/comments/ns300y/how_to_buy_dogecoin/) – https://redd.it/ns300y

* [Such News! Are we ready for our tipbot keys?](https://www.reddit.com/r/dogecoin/comments/nw6okq/such_news_are_we_ready_for_our_tipbot_keys_ive/)

* [Cryptwerk.com is a list of many many many places you can spend dogecoin.](https://cryptwerk.com/pay-with/doge/)

* [Ledger – hardware wallet to keep your coins safe!]( https://shop.ledger.com/pages/ledger-nano-x?r=37eb5debb6b8)

* [Advice from a Gambling Counsellor](https://www.reddit.com/r/dogecoin/comments/mwrltk/advice_from_a_gambling_counsellor/) – https://redd.it/mwrltk

* [Looking after your mental health](https://reddit.com/r/dogecoin/comments/mtf2ym/reminder_that_dogecoin_is_awesome_but_its_not/) – https://redd.it/mtf2ym

* [Being aware of scammers](https://www.reddit.com/r/dogeducation/comments/n9nwfc/scammers/)

* [Another Shibe wrote a post about being aware of scams.](https://redd.it/mrq5c9) – https://redd.it/mrq5c9

* [F@H (Folding@Home) and GitHub are NOT Doge helplines!](https://www.reddit.com/r/dogecoin/comments/n6wtnr/fh_foldinghome_and_github_are_not_doge_helplines/)

* [From 7 years ago. An open letter to the Dogecoin community from co-founder Billy Markus](https://www.reddit.com/r/dogecoin/comments/1xaeue/enjoy_this_moment_an_open_letter_to_the_dogecoin/)

* [Had a few people ask me to mention this petition to get Amazon to accept dogecoin](http://chng.it/R48d6XYwMr)

Don’t forget to report posts and comments you think are not appropriate for the subreddit. If you want to discuss something specific please [message the moderators](https://www.reddit.com/message/compose/?to=/r/dogecoin)

Do you want something added here? Send the moderators modmail to discuss.

Have fun!

42

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**D**o **O**nly **G**ood **E**veryday

Yesterday’s daily discussion post: https://www.reddit.com/r/dogecoin/comments/p1sojd/dogecoin_daily_discussion_10th_august/

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34 Comments

  1. After hearing the news of a crypto exchange getting hacked, I have a these questions:

    Some banks are federally backed by treasuries, so in case of a robbery the fiat that a bank was holding is insured and the people who deposited their money in that bank never really gets their money stolen.

    So with this crypto heist, since the cryptocurrency is not backed like traditional fiat in banks (or is it? please correct my ignorance if I’m wrong), are investors out of luck then and lose their money? Does it make a difference if the exchange had wallets for their investors? Like, is it more secure to have RH get the hack rather than Coinbase?

    And does anyone think that this might be a conspiracy by world banks to show how insecure digital currency is vs fiat in order to fight against the momentum to convert fiat into crypto? Or perhaps this heist was planned by proponents of hard crypto regulations as a guise to serve as a catalyst to protect investors with very stringent rules?

    And when a hack like this happens, how likely can we trace the coins back to the perpetrators if crypto assets are supposedly anonymous and untraceable? How would the hackers make use of their haul? They can’t simply create a wallet and deposit coins there without proof of legitimacy, can they?

    Or do they even plan to do anything with the coins; like what if it was an act to take a large portion of a coin’s cap out of circulation in order to sabotage its utility, or simply make the coin’s brand even more rare as if the stolen coins were burned?

Tilray (TLRY) DD

Australian client wants to pay me via a coinbase digital wallet