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submitted by /u/Egon_1 [link] [comments] |
source https://www.reddit.com/r/btc/comments/olr50k/a_purely_peertopeer_version_of_electronic_cash/
Saturday, 17 July 2021
“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” — Satoshi Nakamoto
source https://www.reddit.com/r/btc/comments/olr50k/a_purely_peertopeer_version_of_electronic_cash/
Just bought a vehicle with BTC
Actually, the seller wanted half cash, half BTC. Guess which half was more of a pain for me? The BTC was quick and easy, cost me about $5 in fees since I wanted to send it fast. One test transaction and then the whole amount, done in 1 block confirmation.
The cash... I had to transfer money via ACH (2-3 days) and then call my (no branches) bank to raise my debit cash advance limit. Then I had to drive to a bank and wait in line, then carry an uncomfortably large amount of cash around until I could pay the seller.
If it had been up to me, I would have paid the whole amount in BTC. It also helped that the price has been somewhat stable over the last few days.
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Ledger email database ...
The database for my registration email address for Ledger got owned or ledger sold my email address.
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source https://www.reddit.com/r/btc/comments/olr2dj/ledger_email_database/
Blockstream (CEO, CTO): “Don’t underestimate the impact of Tether. There’s a very big reason all the Bitcoin OG’s defend Bitfinex/Tether to the death. It’s important to understand the history of these folks. They are professional gaslighters.”
Sell Some Stocks to Buy Bitcoin?
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I'm 23 and have very few financial obligations (about 17K/year in total expenses). Pretax income is about 105K/year. I live in the Midwest US. I have a very long time horizon for my investments. This is my current asset allocation based on prices today: My stocks are 100% VTSAX (with a VTSAX equivalent in my 401K). Crypto is 100% BTC. With my income, I could continue to invest about $500 / week for the remainder of the year based on my expenses and estimated 2021 tax liability while still maintaining my emergency fund. If you were in my shoes, would you:
If option 2, how much from the taxable brokerage account do you sell? I realize everyone is different and situations vary a lot, but my risk tolerance is very high since I have a good career and minimal expenses. I can withstand the volatility of crypto no problem. I will continue to max out my 401K and Roth IRA in 2022 as well (already maxed out this year). Just wondering if most people in my position would sell some stocks in the taxable brokerage account for crypto. [link] [comments] |
“ Large #Bitcoin mixer, blender.io had 1 day of logs leaked, containing information on individual who were likely attempting to launder funds that day. Some of the information that leaked is the encrypted seed phrase to wallets and the transaction IDs.”
"Economists found passers-by often donated more when paying via a digital platforms like apps, QR codes, PayPal and even Bitcoin, compared to the centuries' old payment method of loose coins"
I am so happy I found this sub - thank you
Just wanted to say Hi.
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source https://www.reddit.com/r/btc/comments/olmg54/i_am_so_happy_i_found_this_sub_thank_you/
It's Fusion Friday! =)
CashFusion is a privacy protocol for Bitcoin Cash where users mix their coins with each other to make their transactions more private.
With CashFusion, your finances are your business, and no one else's. Over 5.5 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.
You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder. (And it gives users a specific time to coordinate their fusing if they want. The more people using CashFusion at once, the more effective it is!)
New to CashFusion? No problem, getting set up is pretty easy =)
First, download the Electron Cash desktop wallet. It's got CashFusion built in.
Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png
Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own transactions, and they only cost you the network transactions fees (so less than a penny, usually).
Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)
Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)
Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and to pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable picking from the Coins tab), you can always switch back to CashShuffle for now. (It's in the Optional Features window, accessible from the Tools menu.)
Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)
Happy Fusing!! <3
*"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)
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source https://www.reddit.com/r/btc/comments/olmekf/its_fusion_friday/
Guide me out guys!
Hello everyone I am new to Reddit but not with Bitcoin cash (holding since-2019), read.cash and noise.cash. But now I want change means I want to serve community while earning decent BCH ofc. I am from India-Delhi and still a high school student. Let me know guys if i can do anything for the community.
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source https://www.reddit.com/r/btc/comments/olmcya/guide_me_out_guys/
Friday, 16 July 2021
“ The Tether CTO won't go on CNBC but he'll go on a YouTube channel with 500 subscribers. It's sus as hell for the CTO of a company with 62 billion AUM. It reeks of someone wanting softball questions and to be able to say publicly "I do plenty of interviews!" “
Adam Back: “I do not think there exists enough documentation in the world to dissuade tether-truthers. they want to sow doubt for their own confused conspiracy theory. "tether pumped bitcoin etc". i'm just gonna start blocking soon.”
The data backs up the theory that China's bitcoin mining supremacy waned before the crackdown.
The idea that China's worldwide bitcoin mining supremacy was already eroding before the country's recent crackdown is supported by fresh statistics gathered by Cambridge University.
On Thursday, the Cambridge Centre for Alternative Finance (CCAF) updated its bitcoin mining map data, revealing that
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Bitcoins Over inflation
Even if you bought Bitcoin at the very peak of the last bull run around $20k, you are still around 50% profit right now. That's still better than the 3-4% APY traditional investments are getting
If you're entering the space for a quick buck, you're doing it all wrong.
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BREAKING: Binance Brazil Director Ricardo Da Ros, announces resignation from company after only 6 months. “There was a misalignment of expectations about my role and I made the decision according to my personal values."
Year of Doge Certificates listed on BCH Local
You can purchase #YearsofDoge Dividend Certificates via $BCH / #BitcoinCash network. They are mailed to you securely, and Doge will start to be deposited after activation. The certificate is lifetime so long as you Check-In once a year. Cheers!
Proceeds go to growing the network and miners.
https://local.bitcoin.com/offer/cacc898b-a256-4156-bbc8-95c140e91f08?ref=CenteredService
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source https://www.reddit.com/r/btc/comments/ol29fm/year_of_doge_certificates_listed_on_bch_local/
DYOR
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submitted by /u/YTManOnTheMoon [link] [comments] |
source https://www.reddit.com/r/btc/comments/ol14mx/dyor/
“ "Market": A bunch of tether insiders wash trading tether to maintain the peg, just like they wash traded hundreds of millions of dollars of Tether in 2017-8 on Kraken. Most bitcoin exchanges don't export their database entries to other exchanges, Tether does, like a cancer.”
Thursday, 15 July 2021
MEET $AUNTIEWHALE 🐳 ✅ COMPLETELY ANTI-BOT! NO SNIPERS. 🚫🤖 ✅ AUTO-BUYBACK ENABLED AT LAUNCH. NO BS!💰 ✅ MANUAL BUYBACKS FROM AUNTIE WHALE HERSELF 🐳 ✅ ANTI-WHALE TAX TO DISCOURAGE DUMPING 📈 ✨WHITELISTS ARE OPEN NOW! JOIN TODAY! https://ift.tt/2UfJNga https://ift.tt/2VhBr81
Kim Dotcom: "I’m joining forces with some crypto leaders to save the world. We love our planet and aim to save it for future generations with innovative tech that makes it profitable to invest in nature. We’re well funded and I’m building a developer team. Want to help us save the world?"
Simple and easy
You can make revenue buy clicking and signing up.Dont get left behind 🤠
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source https://www.reddit.com/r/btc/comments/okdlvo/simple_and_easy/
Bitcoin helped us continue business when traditional payment options failed!
Long story short, Square mistakenly shut down our payment processing ability. We tried for over a month to fix the issue with them but their customer service department was terrible and we were were unable to speak with any actual humans to resolve this issue. (Eventually, our “privilege” to continue business was restored.)
We felt we had to try something else so we turned to Coinbase Commerce and were able to start receiving Bitcoin as payment within just 15 minutes!!! It was super easy too and didn’t require any of the lengthy vetting processes associated with fiat based systems like Square.
Bitcoin is the future and I think few people understand how revolutionary this technology is for e-commerce.
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Grayscale Teams Up With BNY Mellon Making Ready The Bitcoin ETF
Grayscale, managing over $30 billion in digital assets is set to transfer fund account and administration functions for their flagship Bitcoin Trust to BNY Mellon in October. This is still in line with Grayscale's purpose of converting GBTC into a bitcoin ETF and BNY Mellon is dedicated to providing and servicing the growing digital currency asset class. Grayscale also hopes on getting bitcoin ETF approval from US regulators.
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If Bitcoin is supposed to be a hedge against inflation, why is it now dropping in light of the CPI news, when gold is up?
I have around 0.5 BTC and I’m just curious about it. Not trying to hate on Bitcoin.
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