 |
submitted by /u/Robert-Kenneth508 [link] [comments] |
source https://www.reddit.com/r/btc/comments/t1f06y/canadas_frozen_bitcoin_on_the_transfer_regardless/
Saturday, 26 February 2022
Canada’s “frozen” Bitcoin on the transfer regardless of draconian measures
source https://www.reddit.com/r/btc/comments/t1f06y/canadas_frozen_bitcoin_on_the_transfer_regardless/
Hope and expectations
I am the proud owner of a few hundred Bitcoins mined back between 2010-2012 when we dreamed of Bitcoin ruling as currency. I never looked up their price and will probably not sell them unless I get desperate.
However, since I am a curious person. I put 500USD evenly on BTC and ETH two days ago by opening an account at Coinbase. Since putting in that money, I am unable to stop checking their price, for fear that I may lose that pocket change.
In the end, it is all about expectations. If I cannot stop checking, will sell my tiny stash in a week or two.
Life is all about expectations.
[link] [comments]
source https://www.reddit.com/r/btc/comments/t1djor/hope_and_expectations/
Friday, 25 February 2022
Why I hodl even harder as I watch yet another despot lash out for power
If things really go to shit? If bombs start dropping? If you need to flee your home? Cross a border as a refugee?
Where do want your wealth? Real estate? Land? Stocks?
For me, hodling has had side benefits, but it’s not about making money. It’s about the profound power of the network. It’s about having untouchable liquidity anywhere in the world, no matter what happens.
It’s so strange to me that the price goes down at the precise time all my instincts say to convert more assets to Bitcoin.
[link] [comments]
Lightning Labs (developers of LND) trying to kill open source and hijack the protocol
There has been recent upheaval within the lightning community about the behavior of Lightning Labs
First, @L0laL33tz raised the issue that Lightning Labs was associating with the World Economic Forum and others who are behind the Great Reset plans. Here are the main threads.
Opening salvo, Clarification, Doubling down
This all seemed fishy, but then things got worse: many open-source developers came out in the open, airing out frustrations they have had with Lightning Labs over the way they have been engaging in the open-source space. The short version is that LL has been using the tried and tested “embrace, extend, extinguish” policy towards killing open-source.
EEE’s playbook is to enter product categories involving widely used standards, extending those standards with proprietary capabilities, and then using those differences in order to strongly disadvantage its competitors.
Here are the main tweets: From ACINQ, RustyTwit and BlueMatt (bonus)
We need to root out Lightning Labs, stop using LND, and move towards alternative implementations like C-Lightning.
----------------------------
EDIT: Been asked to highlight the responses from Lightning Lab. First, most of my twitter links are to threads, where responses are included. But if those are insufficient, you can also access a compilation of responses in this comment thread. https://www.reddit.com/r/Bitcoin/comments/t0e0it/comment/hy9h1tv/?utm_source=share&utm_medium=web2x&context=3. Thanks to shleebs for compiling.
I do encourage everyone to do their own research, and it is 100% reasonable to wait for the dust to settle before making up your minds. With that said, I have made up my mind about LND, and will continue to push against using this implementation.
[link] [comments]
Merchant adopting but not sure how to proceed. Help is appreciated
I am opening a store. I want to be able to accept BCH. Only crypto if that were feasible!. I also want to be able to pay my bills to institutions that don't take BCH. What is the best procedure? Accept it, switch to usdc and then use it to pay bills?
[link] [comments]
source https://www.reddit.com/r/btc/comments/t0ilhs/merchant_adopting_but_not_sure_how_to_proceed/
Thursday, 24 February 2022
Newbie Question
I am quickly learning but have a few questions. I am DCA weekly into BTC, smaller amounts usually $10 here $20 there. I’ve checked many popular sites and the fees seem excessive for the small amounts I’m buying. Would my best bet be to continue to DCA and use Robinhood until their wallet is fully operational and then transfer to cold/paper wallet? I know Robinhood is garbage and not my keys not my money so I’m open to all pointers and recommendations.
[link] [comments]
source https://www.reddit.com/r/btc/comments/szrlgs/newbie_question/
How do I wash my Bitcoin?
So I’ve been stacking for a couple years now, pretty much only buying through Coinbase. With the recent attempts of regulation in both the US and Canada, I want my crypto to be truly anonymous. How should I go about moving my Bitcoin from my current wallet to a non-kyc exchange so that I can “wash” it? Should I transfer to USDC first? I know if I cash it out and re-enter, that will probably trigger the IRS and that’s the last thing I want. Any and all advice is welcome.
[link] [comments]
European Union plans to forbid Bitcoin and Proof of Work Cryptos
So, this just happened: https://www.btc-echo.de/news/bitcoin-spd-gruene-und-linke-fordern-verbot-in-der-eu-135678/
Automated Translation:
Cramming crypto regulation. The European Parliament wants to prohibit the provision of crypto services based on "environmentally unsustainable consensus mechanisms" in its MiCA guidelines. This is according to a final compromise proposal from the responsible Committee on Economic and Monetary Affairs (ECON), which is available to BTC-ECHO. De facto, this could mean the end for proof-of-work-based cryptocurrencies like Bitcoin from January 1, 2025 in the European Union. The final decision on the draft is to be made in Parliament on February 28.
Stefan Berger told BTC-ECHO that he believes it is "very likely" that the proposal will go through. As Chairman of the ECON Committee, he is largely responsible for the design of the MiCA Directive on the regulation of cryptocurrencies in the European Parliament. The advance of the Bitcoin ban had thereby the SPD, Greens and Left energetically demanded, said the CDU politician in an interview with BTC-ECHO.
The parliamentary groups of the Christian Democrats, right-wing conservatives and liberals would have vehemently resisted the inclusion of the ban in the negotiations. In the end, the Social Democrats, Greens and Left threatened to otherwise withhold their approval of the MiCA draft, according to reports. Previously, SPD politician Joachim Schuster had already publicly called for a bitcoin ban. Green Party European politician Sven Giegold also spoke to BTC-ECHO in favor of illegalization.
The vote next Monday will be followed by a trilogue between the EU Commission, the Parliament and the member states, at the end of which the Commission will be tasked with evaluating the Parliament's proposal. The decision on this should be expected before the end of this year. In the October 2020 draft, the Commission opposed a bitcoin ban.
Bitcoin clause is "fatal"
Federal Finance Minister Christian Lindner did not want to comment on the impending bitcoin ban to BTC-ECHO. Frank Schäffler (FDP), member of the Budget Committee of the Bundestag, considers the new proposal of the EU Parliament "fatal". He already called for changes to the MiCA guidelines last year.
I assume and also expect that the German government and the lead finance minister Christian Lindner will prevent this.
Robert Kopic of the industry association Blockchain for Europe also sees the potential for the clause to "put Europe at a disadvantage."
This is a point that would put Europe, along with its green miners, at a disadvantage and would solely lead to them migrating abroad and Europe losing geopolitical access to Bitcoin.
The economic disadvantages of a Bitcoin ban are therefore obvious. A fact that the EU Commission will also take into account in its MiCA assessment, says Stefan Berger. What the final decision will ultimately look like is uncertain at this point.
[link] [comments]
Best way to buy bitcoin anonymously?
I wanna buy some bit coin, simple enough. Now where can I buy it with no kyc and no crazy fees. Paxful is too expensive and kucoin requires KYC for fast transactions, p2p and third party purchases. Anyone have any other suggestions?
[link] [comments]
You Are Missing the Point if You Think Bitcoin Technology Is Outdated and Will Be Replaced. Bitcoin's superiority lies in its currency, network, and infrastructure.
Wednesday, 23 February 2022
Just paid $0.50 with Bitcoin at zero fees to pay for a meal at Krispy Donuts in Bitcoinzuela, if I did that with BTC then I would be broke fast, BCH is the solution to everyone, world wide peaceful consensus to create world peace, please respect freedom of choice, BitcoinCash works best for me
My account is hacked. I had multiple coins and they are all withdrawn as BTC. Kucoin said I googled wrong website and someone created new API and stole the money and they can’t do anything.
Tuesday, 22 February 2022
How do you know a seed phrase is actually random?
When you start a new wallet with 12/24 words, how do you know that it’s random and not semi-random or derived from another seed phrase? I think BIP89 does something like this?
Anyways, how do you know a seed phrase is truly random?
[link] [comments]
source https://www.reddit.com/r/btc/comments/sy1xs2/how_do_you_know_a_seed_phrase_is_actually_random/
Giving Bitcoin Cash to girls to increase adoption and show how simple it is to send. Check the full video on my new Youtube channel: https://youtu.be/opv4MMmSYM4
Monday, 21 February 2022
Python Script to Buy Sandwiches with Bitcoin on Lightning Network
Yo! I wrote a Python script that orders me sandwiches from Jersey Mike's that I can pay in bitcoin through PaywithMoon. Check it out on GitHub if you want automated bitcoin sammiches.
Here's the open sourced code if you want to get a sammich too:
https://github.com/lemonknowsall/bitcoin/blob/main/Bitcoin%20Sandwiches.py
Here's a demo:
https://youtu.be/gaPxJaPCjak
[link] [comments]
Sunday, 20 February 2022
Feb 21 2022 - National Bank Run Day
Canadians, our money is not safe in the banks. The government has started seizing funds of people who disagree with them, without trial and without due process. Protect yourself and lets protest this system by withdrawing all our money out of the banks. Take self custody of your own money. For digital transactions we can use Bitcoin, for physical transactions we can use cash and gold and silver. Our protests can take form in multiple ways including economic. But they, the government started this with their monetary censorship. We are just protecting ourselves while also fighting back by boycotting their system.
Feb 21 is national bank run day, Stop using the banks, use bitcoin.
Spread the word
(edit, reddit glitch caused this to post multiple times with excessive duplicates, I deleted the duplicate ones)
[link] [comments]
Currently have some financial issues :/
 |
I recently set-up a bitcoin wallet, because I thought maybe there is some nice people here on reddit that would help me with my financial issues, my family will get kicked out of our apartment if we don't pay out rent before 27th February.. Here is my address.. 3C2giUTMq7ZBddGzxmfM4eafjz72cZMQku [link] [comments] |
source https://www.reddit.com/r/btc/comments/swgulj/currently_have_some_financial_issues/
Subscribe to:
Posts (Atom)
-
Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
-
submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
-
submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...
![[link]](https://i.redd.it/9g1e7op5utj81.jpg){kind=link}
![[link]](https://i.redd.it/izq14mim8tj81.jpg){kind=link}
![[link]](https://i.redd.it/nijl5l9zcmj81.png){kind=link}
![[link]](https://i.redd.it/usiyrq09rfj81.jpg){kind=link}
![[link]](https://i.redd.it/y3wtsee2p1j81.jpg){kind=link}
![[link]](https://i.redd.it/tnxtwy8t2ui81.jpg){kind=link}
