Saturday, 5 March 2022

Inflation could hit 10% in the UK (in case you need an extra reason to buy mo' BTC!)

Inflation could hit 10% in the UK (in case you need an extra reason to buy mo' BTC!) submitted by /u/LuKeNuKuM
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Bitcoin Costs Dragged Down By Geopolitical Tensions, Ukraine Nuke Plant Bombing

Bitcoin Costs Dragged Down By Geopolitical Tensions, Ukraine Nuke Plant Bombing submitted by /u/Robert-Kenneth508
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source https://www.reddit.com/r/btc/comments/t6sqye/bitcoin_costs_dragged_down_by_geopolitical/

What is a Bitcoin UTXO? (explained)

What is a Bitcoin UTXO? (explained) submitted by /u/TheGreatMuffin
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When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented but without the "legal tender" part. QUESTION:

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?

I'm happy for the positive headlines, but is there anything of real substance happening in those areas?

Adoption as legal tender in a country (or exemption from capital gains taxation as in Portugal) is huge news & will encourage people to move & invest there.

But adoption as legal tender in a city or state... Might some vendors actually feel inconvenienced for being forced [edit: encouraged] to accept a currency that is still a pain in the ass taxation-wise?

submitted by /u/Dependent-Army4891
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I'm going all in for humanity

I've always believed and felt better about having some back up in other investments and cash. I've now come to the conclusion that the governments not alone devalues my assets, but also thought the manipulation of money I help fund Wars, so fuck them, they'll not be using my money anymore, with the hidden taxes and inflation.

submitted by /u/JimBloc
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Friday, 4 March 2022

'Banksters' are currently in charge of pretty much everything because they own 'the money'. Imagine if BTC killed the money.

submitted by /u/iknowhatino
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Please Make it Stop: Mark Zuckerberg's Sister Releases Crypto Themed Music Video...

Please Make it Stop: Mark Zuckerberg's Sister Releases Crypto Themed Music Video... submitted by /u/Capulous7217
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source https://www.reddit.com/r/btc/comments/t61lkv/please_make_it_stop_mark_zuckerbergs_sister/

Mexico being lined up as next nation for full Bitcoin adoption

Mexico being lined up as next nation for full Bitcoin adoption submitted by /u/EVERWILDOUTDOORS
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So many Business in St Maarten accepts BCH , this one is called Oasis , located on the pondfill road. Local Food !!

So many Business in St Maarten accepts BCH , this one is called Oasis , located on the pondfill road. Local Food !! submitted by /u/Sunnyskn
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source https://www.reddit.com/r/btc/comments/t5yx9h/so_many_business_in_st_maarten_accepts_bch_this/

⚡ Lightning Thursday! March 03, 2022: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

submitted by /u/rBitcoinMod
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We continue betting on commercial adoption in Venezuela, and this time Talia visits Maniceria San Charbel to do her shopping with BCH

We continue betting on commercial adoption in Venezuela, and this time Talia visits Maniceria San Charbel to do her shopping with BCH submitted by /u/Joseignacioarajo
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source https://www.reddit.com/r/btc/comments/t5xvwe/we_continue_betting_on_commercial_adoption_in/

Thursday, 3 March 2022

Amazing discount 3/01/22 - $44,192 - hope it makes sense today

Amazing discount 3/01/22 - $44,192 - hope it makes sense today submitted by /u/GrindNhodL
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What do the mining restrictions in Kazakhstan mean for Bitcoin?

Earlier this year, the world’s second-largest Bitcoin-mining hub shut down. That hub was in Kazakhstan.

Will this have an impact on Bitcoin?

https://www.cryptovantage.com/news/what-do-mining-restrictions-in-kazakhstan-mean-for-bitcoin/

submitted by /u/thecryptovantage
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source https://www.reddit.com/r/btc/comments/t58k0s/what_do_the_mining_restrictions_in_kazakhstan/

My daughter interviewed Jack Mallers (CEO of Strike) about Bitcoin 🙃

My daughter interviewed Jack Mallers (CEO of Strike) about Bitcoin 🙃 submitted by /u/50mm-f2
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Digital Currency Group Authorizes $250M Buyback for Its Grayscale Trusts

Digital Currency Group Authorizes $250M Buyback for Its Grayscale Trusts submitted by /u/AwakeSiding
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source https://www.reddit.com/r/btc/comments/t568ql/digital_currency_group_authorizes_250m_buyback/

Senators want to know if Russia can use cryptocurrencies to skirt sanctions.

Senators want to know if Russia can use cryptocurrencies to skirt sanctions. submitted by /u/siggi2018
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source https://www.reddit.com/r/btc/comments/t55hym/senators_want_to_know_if_russia_can_use/

Wednesday, 2 March 2022

A Weapon for Peace, Not War – Bitcoin Is an Exit Strategy for Humans. More and more people will open their eyes to this reality in the future.

A Weapon for Peace, Not War – Bitcoin Is an Exit Strategy for Humans. More and more people will open their eyes to this reality in the future. submitted by /u/sylsau
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Bitcoin Breaks Above 50-Day SMA, Will BTC Experience It Out To $50,000?

Bitcoin Breaks Above 50-Day SMA, Will BTC Experience It Out To $50,000? submitted by /u/Robert-Kenneth508
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source https://www.reddit.com/r/btc/comments/t4hxay/bitcoin_breaks_above_50day_sma_will_btc/

Bitcoin Is Boring – And That’s By Design - Simplicity leads to security, and a more decentralized blockchain. If Bitcoin were more expressive, it wouldn’t be effective as a global, neutral monetary network.

Bitcoin Is Boring – And That’s By Design - Simplicity leads to security, and a more decentralized blockchain. If Bitcoin were more expressive, it wouldn’t be effective as a global, neutral monetary network. submitted by /u/bdinu89
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Video discussing Ethereum, scaling, Bitcoin Cash, and more!

Video discussing Ethereum, scaling, Bitcoin Cash, and more! submitted by /u/btcxio
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source https://www.reddit.com/r/btc/comments/t4gk45/video_discussing_ethereum_scaling_bitcoin_cash/

Bitcoin Reveals Its Intrinsic Value To The World

Bitcoin Reveals Its Intrinsic Value To The World submitted by /u/WYXV
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Tuesday, 1 March 2022

Bitcoin Overtakes Russian Ruble to Rank 14 Largest Currency Amid Ongoing Ukraine Invasion - The Coin Street

Bitcoin Overtakes Russian Ruble to Rank 14 Largest Currency Amid Ongoing Ukraine Invasion - The Coin Street submitted by /u/Sophy0
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source https://www.reddit.com/r/btc/comments/t3o8zr/bitcoin_overtakes_russian_ruble_to_rank_14/

Busy building on #Bitcoin⁠

Busy building on #Bitcoin⁠ submitted by /u/fastbitcoinsHenry
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The Ukraine-Russia Crisis Teaches Us 4 Initial Lessons About the Role of Bitcoin in Such Events. Some are not as good as others, but that is the price to pay with a decentralized system.

The Ukraine-Russia Crisis Teaches Us 4 Initial Lessons About the Role of Bitcoin in Such Events. Some are not as good as others, but that is the price to pay with a decentralized system. submitted by /u/sylsau
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source https://www.reddit.com/r/btc/comments/t3mrsq/the_ukrainerussia_crisis_teaches_us_4_initial/

Kraken CEO Backs Truckers And Bitcoin As Defense Against Canada’s Weaponized Financial System

Kraken CEO Backs Truckers And Bitcoin As Defense Against Canada’s Weaponized Financial System submitted by /u/Bitcoin__Hodler
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Bitcoin and Bitcoin Cash Miner - Antminer S19j 90TH/s

Profitability:

$16.67 /day

$500.15 /month

$6,001.74 /year

https://bithay.com/products/antminer-s19j-90-th

submitted by /u/Bithay_com
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source https://www.reddit.com/r/btc/comments/t3lkr0/bitcoin_and_bitcoin_cash_miner_antminer_s19j_90ths/

Monday, 28 February 2022

The Danish reporters in Ukraine who used BTC to buy a car have been shot and wounded

The Danish reporters in Ukraine who used BTC to buy a car have been shot and wounded submitted by /u/Peter4real
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Ukrain and Canada are the recent perfect exemple why crypto are important and BCH is the best of all for financial freedom

submitted by /u/BCHisFuture
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source https://www.reddit.com/r/btc/comments/t2u69n/ukrain_and_canada_are_the_recent_perfect_exemple/

Need a Taxi in St Maarten .. pay with BCH ..Shawn Blair from Dutch Side Taxi & Many more Taxi and Business accept Bitcoin Cash .. the Caribbean is going Green with BitcoinCash ..

Need a Taxi in St Maarten .. pay with BCH ..Shawn Blair from Dutch Side Taxi & Many more Taxi and Business accept Bitcoin Cash .. the Caribbean is going Green with BitcoinCash .. submitted by /u/Sunnyskn
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source https://www.reddit.com/r/btc/comments/t2us5w/need_a_taxi_in_st_maarten_pay_with_bch_shawn/

How Bitcoin Will Help Stabilize the Texas Grid and Lower Electricity Rates

How Bitcoin Will Help Stabilize the Texas Grid and Lower Electricity Rates

It’s no surprise that bitcoin has found its way to Texas in a big way. The Texas ethos and bitcoin ethos are perfectly aligned. Texas culture embraces individualism, hands-off government, and personal sovereignty. Add to that a business-friendly environment, low taxes and cheap electricity and it becomes clear why the bitcoin mining industry is flocking to Texas.

Highlights:

  • Miners act as shock absorbers in the system
  • When demand for electricity is low, they can use the excess power being generated by the system
  • When demand and spot electricity prices spike, they can curtail their operations to relieve strain from the grid
  • They will increase the overall capacity of the Texas grid and make it more stable at the same time.

https://www.vaultelectricity.com/how-bitcoin-will-help-stabilize-the-texas-grid-and-lower-electricity-rates/

https://preview.redd.it/cxgpdiyam8k81.png?width=1212&format=png&auto=webp&s=b1a627756a62ec6205fff87ffd358728707a6943

submitted by /u/itsthesecans
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Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse

Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse submitted by /u/YearninglyCarefree
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source https://www.reddit.com/r/btc/comments/t2unje/elon_musk_steps_up_to_save_ukraines_internet_but/

Sunday, 27 February 2022

'50% of transactions were fraudulent' when Steam accepted Bitcoin for payments, says Gabe Newell

'50% of transactions were fraudulent' when Steam accepted Bitcoin for payments, says Gabe Newell submitted by /u/fshinetop
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source https://www.reddit.com/r/btc/comments/t27x5r/50_of_transactions_were_fraudulent_when_steam/

new collab 2 talended artist

new collab 2 talended artist submitted by /u/DiscombobulatedAd629
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source https://www.reddit.com/r/btc/comments/t26e5c/new_collab_2_talended_artist/

U.S. Senator Ted Cruz Reveals Why He’s So Bullish On Bitcoin

U.S. Senator Ted Cruz Reveals Why He’s So Bullish On Bitcoin submitted by /u/Robert-Kenneth508
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source https://www.reddit.com/r/btc/comments/t277fs/us_senator_ted_cruz_reveals_why_hes_so_bullish_on/

Why PoS suck and PoW rule (IMHO)

Today, the 1% richest people holds more than half the worlds wealth. How could PoS ever be as secure as PoW in a potential future where a small minority of superwealthy elites own the more than 51% of PoS crypto? These superwealthy elites could then conspire to take peoples money, manipulate transactions, and even kick "undesirable" people from using PoS crypto altogether.. Just my humble opinion.

submitted by /u/CryptoDApper
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Bitcoin and the Russo-Ukrainian War

I foresee the following things happening: Russia gets blocked from SWIFT, Russia then nationalizes all western assets in Russia, the West replies by doing the same thing. Russia starts utilizing Bitcoin for payments and Bitcoin sky rockets. To thwart this, the West bans Bitcoin.

I'm just an idiot. Does this sound ridiculous?

submitted by /u/Ok-Calligrapher-7517
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Fundraising Question

If you could answer one of my questions, I would appreciate it. To provide financial support to the deaf school in Honduras, I would like to organize a fundraising campaign. What is the ideal way to proceed? It is possible to get funding through GoFundMe. What I wonder is whether cryptocurrency could be used to accomplish this. Can Bitcoin Cash donations help achieve this goal? Thanks in advance for any suggestions.

If so, What is the process of validating the wallet address intended for donation? This would eliminate doubts to the greatest extent.

submitted by /u/joseflopez
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source https://www.reddit.com/r/btc/comments/t248br/fundraising_question/