Sunday, 30 April 2023
The Kingdom Of Bhutan Has Been Quietly Mining Bitcoin For Years
Early days of Bitcoin - Satoshi meets Hal. Credit @BigSeanHarris
Submitted May 01, 2023 at 02:55AM by Relai_Alex https://bit.ly/3oY6S62
Early days of Bitcoin - Satoshi meets Hal. Credit @BigSeanHarris
Prices of everything want to be less not more.
Prices of everything have only ever attempted to be cheaper and it’s always been that way.
The reason we’ve never seen it, or felt it, is because we’ve only ever priced everything in an inflationary money. If it wasn’t for inflation prices would fall to the marginal price of production in order to be competitive.
The point of innovation is to give “more for less” but inflation doesn’t let us experience this so instead we experience getting less for more.
Deflationary Bitcoin removes this illusionary vail and lets us see true technological progress.
Humanity hasn’t even started to prosper.
Submitted April 30, 2023 at 09:22PM by Jumana-Gato https://bit.ly/429hxsX
Hong Kong is heavily pushing Bitcoin Adoption behind the scenes and nobody noticed yet🚀
Submitted April 30, 2023 at 10:14PM by poolpartynodes https://bit.ly/3oSTRLk
Prices of everything want to be less not more.
Saturday, 29 April 2023
Bitcoin as The Trust Layer of the Internet from Shone Anstey, CEO of LQwD Fintech (Canadian Company All-In on LN and LN expansion) (Canadian Bitcoiners Podcast)
Bitcoin Halving
Submitted April 29, 2023 at 08:04PM by CobraBTC https://bit.ly/3NtFQhr
So, who's the lucky guy?
And people still think they are late to Bitcoin.
Submitted April 29, 2023 at 06:52PM by TheBitcoinDispatch https://bit.ly/4489lv7
Bitcoin is the absolute digital scarcity, limited to 21 million coins. The rest is just a bunch of copies of that scarcity, fighting over the second place
Submitted April 29, 2023 at 07:13PM by Relai_Alex https://bit.ly/3Lf23Nn
"for some reason"
Friday, 28 April 2023
Friendly reminder: you have two more days to move your sats out of the CUSTODIAL lightning service, before BlueWallet shut it down. On-chain wallets are unaffected.
Again, this doesn't affect their non-custodial on-chain Bitcoin wallet.
https://bluewallet.io/sunsetting-lndhub/
Have a look at these, non custodian wallets:
https://phoenix.acinq.co/
https://blixtwallet.github.io/
https://breez.technology/
To start you off and open a channel, you'll have to pay (less than $1 worth of sats) fee. Once set, you'll be able to enjoy almost free payments, that take just a few seconds.
If you've just a tiny amount of sats, you can use a custodial wallet like Wallet of Satoshi but these sats are never truly yours and if WoS is gone, so are your money.
Submitted April 28, 2023 at 04:52PM by Relai_Alex https://bit.ly/3L7Aeq0
Federal Reserve review of SVB collapse blames social media for speed of bank runs
Submitted April 29, 2023 at 12:20AM by KAX1107 https://bit.ly/449vYz8
In the Netflix Series Inside Job mention Bitcoin as digital money.
‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’
Submitted April 28, 2023 at 10:34PM by Bitcoin_Maximalist https://bit.ly/3VhNMnu
Federal Reserve review of SVB collapse blames social media for speed of bank runs
Yet another Bitcoin halving - Who's up for another bull season?
Submitted April 28, 2023 at 07:05PM by cointelegraph1 https://bit.ly/3n9nEyN
Thursday, 27 April 2023
Path to Bitcoin Maximalism
US Senator Ted Cruz says he is incredibly bullish on Bitcoin and he "bought the dip."
Submitted April 27, 2023 at 10:49PM by CryptoKingSA https://bit.ly/422ijIb
Secure decentralized scalable public infrastructure
Submitted April 27, 2023 at 04:45PM by BoltInvoiceYAYAYA https://bit.ly/3HiJC9b
What's your choice of a long term saving account?
Argentina to pay for Chinese imports in yuan rather than dollars
Submitted April 27, 2023 at 10:48AM by polloponzi https://bit.ly/3AAaMoy
US Senator Ted Cruz says he is incredibly bullish on Bitcoin and he "bought the dip."
Wednesday, 26 April 2023
Andreas Antonopoulos Demolishes the "Quantum-Computers-Will-Destroy-Bitcoin" Argument - Excellent Reference Video
Submitted April 26, 2023 at 09:07PM by escodelrio https://bit.ly/3LbjDBF
BTC vs USD inflation chart is flippening
Buy Bitcoin before the rest of the world wakes up to the massive PONZI scheme the U.S has been running!!
Submitted April 26, 2023 at 10:19PM by Crypto-hercules https://bit.ly/3AwiWy0
Comparing Bitcoin’s Lightning Network to legacy credit card processing makes it clear that Lightning settles payments much more efficiently and affordably.
Pizza day is coming up
Submitted April 26, 2023 at 09:06PM by Current-Real https://bit.ly/41Wnvxm
Buy Bitcoin before the rest of the world wakes up to the massive PONZI scheme the U.S has been running!!
Tuesday, 25 April 2023
Had a revelation the other day... I don't ever see a scenario in which I liquidate all my BTC to 'retire'
I've been heavily involved in crypto for the last 5 years, and after working at multiple crypto companies, and talking to a lot of people, I'm long on Bitcoin.
When talking about retirement with my wife, we were discussing what price BTC would have to go to to sell our bag. We talked about what it might look like in 5 or 10 years, and in 20 or 50 years.
As we played through various scenarios, I kept coming to the same conclusion... I don't know that there is a price that makes sense to sell at. Even at $2MM/BTC... i'd rather have $2MM value of BTC than $2MM of USD. I do believe that USD inflation is a major problem this generation will face in its lifetime, and I can't imagine how awful it would be to sell the bag, and watch its value shrink as the dollar continues to inflate.
I do plan on retiring and living off BTC in the future... I just don't see a future where that involves me selling in bulk. It was definitely a bit of a lightbulb moment for me... prior to this i just always assumed that 10-15 years from now when the price is hovering around the clouds I'd happily sell it all, pay my taxes, and enjoy retirement. Now I just imagine traveling the world as a Bitcoin Native
Submitted April 25, 2023 at 09:13PM by KWheels https://bit.ly/3oLPZLN
CBDCs are a totalitarian tool. Protect yourself with Bitcoin. Credit @WalkerAmerica
Is De-Dollarization Underway? Is Bitcoin a reasonable replacement?
Submitted April 25, 2023 at 08:19PM by Suitable-Advantage45 https://bit.ly/3LqVdWm
US National Defense Fellow at MIT, Major Jason Lowery: Blaming Bitcoin to protect your failing hegemony is not going to help you
Submitted April 25, 2023 at 10:56PM by KAX1107 https://ift.tt/vRg8j9C
Paying with BTC for pupusas in El Salvador at Bitcoin beach - El Zonte
Submitted April 25, 2023 at 09:54PM by storbambis https://bit.ly/41Pr8Fu
US National Defense Fellow at MIT, Major Jason Lowery: Blaming Bitcoin to protect your failing hegemony is not going to help you
Monday, 24 April 2023
IMF to bailout Argentina only if the country adopts an anti-crypto stance
So proud of it !
Submitted April 24, 2023 at 10:58PM by YasmineSaris https://bit.ly/3H9jyNQ
124 copies of the Bitcoin Standard (Dutch version) delivered to each representative of the Flemish Parliament in Brussels
The very first thing mentioned in the manual that came with my new ASUS laptop. Strange.
Submitted April 24, 2023 at 08:54PM by fap_fap_fap_fapper https://bit.ly/3mXSr1k
Fiat in Venezuelan bolÃvar is so worthless people leave it on the streets 🇻🇪 needs Bitcoin
Submitted April 24, 2023 at 02:27PM by Tunaagoatbeast https://bit.ly/41VS7iD
So proud of it !
Sunday, 23 April 2023
So WEF recently started advocating [Bitcoin] mining. Didn't have that on my 2023 bingo card.
Submitted April 23, 2023 at 10:44PM by Bitcoin_Maximalist https://bit.ly/3KTgq9W
So WEF recently started advocating [Bitcoin] mining. Didn't have that on my 2023 bingo card.
Time to switch from Bitcoin to a CBDC. Advert by @Vivek4real_
#BTC is digital gold
Submitted April 23, 2023 at 04:54PM by TheBTCTherapist https://bit.ly/41TBh3B
React if you on same time travel machine as me 🤑
Submitted April 23, 2023 at 09:07PM by QuickShelly https://bit.ly/3N7qi2t
How Secure is Your Bitcoin?
Saturday, 22 April 2023
lmao @2018
After opening my own lightning node. I've got my first 3 sats from routing
Hold is the key, zoom out!!
Submitted April 22, 2023 at 08:42PM by BlackShazaam https://bit.ly/3NnRhXZ
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Submitted April 22, 2023 at 08:26PM by TheBlockChainVillage https://bit.ly/3N2ajTh
What do you think about this?
Submitted April 22, 2023 at 09:32PM by romuloe https://bit.ly/43So9xI
Bitcoin is Still Up 64% Year to Date. HODL!
Friday, 21 April 2023
Why Does the NYT Disparage the Bitcoin Mining Industry, but Avoid Analyzing the Carbon Footprint of the US Dollar System? You may already know the answer: everything must be done to distract the general public from the real problems.
Submitted April 21, 2023 at 07:39PM by sylsau https://bit.ly/41OUPGm
Telegram’s wallet now supports Bitcoin
It has been exactly 100 years since hyperinflation took place in Weimar - Germany. Those who cannot remember the past are condemned to repeat it. Study Bitcoin, before it's too late.
Submitted April 21, 2023 at 04:01PM by Relai_Alex https://bit.ly/3mPEcM5
A new full node is born.
Bitcoin full node
Submitted April 21, 2023 at 10:34PM by KvaalmedPils https://bit.ly/3KWDXH4
EU lawmakers approve world’s first comprehensive framework for crypto regulation
Thursday, 20 April 2023
You come for the best, you best not mess
There is no way to put the genie back in the bottle
Bitcoin haters online
Submitted April 20, 2023 at 06:08PM by Relai_Alex https://bit.ly/3GXLx2M
That's how you do it
Submitted April 20, 2023 at 09:20PM by KAX1107 https://bit.ly/3KQpVGV
The worst thing about dip..
At a temple in South Korea
Wednesday, 19 April 2023
Basic mathematics.
Submitted April 20, 2023 at 12:16AM by BlackShazaam https://bit.ly/3mS4ayj
Energy
HODL is easy
Submitted April 19, 2023 at 04:55PM by Relai_Alex https://bit.ly/3mMm2uA
Basic mathematics.
Bitcoin vs Fiat Shitcoins
Submitted April 19, 2023 at 04:15PM by Bitcoin_Maximalist https://bit.ly/3KJn2HQ
Why Are Governments Going After the Bitcoin Mining Industry While Imposing Electric Vehicles That Are an Economic and Ecological Aberration? The answer has nothing to do with the environment. It's all about POWER.
Tuesday, 18 April 2023
Bitcoin is good for the environment
Submitted April 18, 2023 at 07:56PM by notlarangi123 https://bit.ly/41yMs1G
Who did this ?
BEHOLD - Future bitcoin prices in fiat revealed!!!
Since about 90% of the posts here relate to bitcoin's least interesting attribute (ie: fiat price), I thought I'd provide some highly valuable technical analysis that I've compiled after years of in-depth research.
My method involves a complex open source system that analyzes supply and demand for the world's first and only truly scarce digital asset. It takes into account all possible black swan events, government bans, alt coins, hard forks, media FUD, etc.
Bitcoin fiat price and fiat value over time
Visualizations are made via MS paint. Fiat/bitcoin is represented by the orange line and the left axis, while fiat value (ie: purchasing power) is represented on the right axis and via the green line.
Since lines can be confusing, I will point out a few key takeaways.
First, you'll note that bitcoin's fiat value varies greatly over the short term, but appears to only increase over the long term. The signal here is undeniable but unfortunately, the AI model I used wasn't able to provide units for the time axis. Sadly, the best guidance also appears to be the hardest, namely to just buy and hold. Conversely, your odds of getting fiat rich quickly appear to be minimized the shorter your time horizon is.
Second, we see that fiat value itself is less variable but trending toward zero over time. Those looking to get fiat rich may wish to revisit this strategy as their purchasing power seems to only be eroding over time.
A common question I see is whether now is a good time to buy bitcoin. This is a tough one based on the training data set. Since there is a 100% chance that bitcoin will gain in value over the long term and a 100% chance that fiat value is going to zero, it is really important to do your own research on this topic. If you decide that bitcoin isn't right for you, you may be looking to get fiat rich quickly, and in that case, you should probably not buy bitcoin. A post-hoc analysis also revealed a significant inverse relationship between looking to get fiat rich quickly and intelligence, but that will be explored in more depth in posts to follow.
Submitted April 18, 2023 at 09:02PM by Apprehensive-Log-849 https://bit.ly/3mJz6ko
Banks are getting obliviated
Bitcoin is Freedom - Bukele Has Brought Freedom to El Salvador
Submitted April 18, 2023 at 12:24AM by Relai_Alex https://bit.ly/41gCNNF
This is brilliant. Someone setup a fund for sending every member of the US Congress a copy of The Bitcoin Standard. And you can pay in sats! I think it's asked exceeded the goal, but I'm sure more can't hurt. 🫡
Monday, 17 April 2023
first ever message of satoshi namakato
Bill Maher calling Bitcoin a scam is like when he called cell phones a scam back in 2003..
Submitted April 17, 2023 at 11:46PM by FortniteFiona https://bit.ly/3MSsV8f
Saylor: All MicroStrategy corporate e-mail addresses have been converted to Lightning addresses
Woke up today and decided I was gonna start my DCA journey. Selling off some dead portfolios to hopefully become a full coiner!
Submitted April 17, 2023 at 09:39PM by shady_flamingo https://bit.ly/41gso4l
Jamie Dimon was duped for a $175m in a blatant scam (Frank financial aid) while busy going around calling bitcoin a fraud.
Submitted April 17, 2023 at 12:40PM by solled https://bit.ly/3GQKz8x
Patience pays off
Sunday, 16 April 2023
Banks are going to ossify.
Submitted April 16, 2023 at 09:35PM by Golfwinch7 https://bit.ly/3A2CQk1
Wen #1?
My 8yr olds 3rd grade class presentation
Submitted April 17, 2023 at 01:08AM by Goldfumed https://bit.ly/3UFUXWs
Censoring Bitcoin discussed by former director of cybersecurity for the White House
My 8yr olds 3rd grade class presentation
Satoshi spirit
Submitted April 16, 2023 at 09:41PM by KAX1107 https://bit.ly/43EdXbO
Banks are going to ossify.
Saturday, 15 April 2023
Hillary Clinton Cautions That Bitcoin Could Potentially Undermine The Role Of The Dollar And Destabilize The Country
The FUD's club
Submitted April 15, 2023 at 03:17AM by Relai_Alex https://bit.ly/3L322NC
Saving in Bitcoin makes me calm
Submitted April 15, 2023 at 11:42PM by Relai_Alex https://bit.ly/3GK5xGd
103% inflation in Argentina. If only there was a currently that's impossible to print more..
What difference a year makes 😄
Submitted April 15, 2023 at 10:39PM by Ryder_Lee100 https://bit.ly/43yZnCB
Friday, 14 April 2023
Bitcoin DJ’s these days 🔊🔊 - Credit: RD_btc
My bank won’t let me buy bitcoin
Why are some uk banks blocking payments to Binance and other exchanges. I now don’t know how to get bitcoin as Binance was my main exchange
Submitted April 14, 2023 at 04:00AM by moonhut https://bit.ly/3zWWmyr
Finally made time to read this book!
voilà ! some new art
Submitted April 14, 2023 at 10:55PM by crayon_smell https://bit.ly/3KFHxVV
Are predictions like this really realistic ? I am thinking about buying BTC right now….
Submitted April 14, 2023 at 03:19AM by No-Mountain4550 https://bit.ly/3MICNkX