submitted by /u/LuKeNuKuM [link] [comments] |
This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Saturday, 5 March 2022
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?
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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.
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Friday, 4 March 2022
⚡ 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:
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Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html
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Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/
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Previous threads: Search
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Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook
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Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt
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Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY
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Lightning stores: https://www.lightningnetworkstores.com/
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Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat
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Thursday, 3 March 2022
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/
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source https://www.reddit.com/r/btc/comments/t58k0s/what_do_the_mining_restrictions_in_kazakhstan/
Wednesday, 2 March 2022
Tuesday, 1 March 2022
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.
Bitcoin and Bitcoin Cash Miner - Antminer S19j 90TH/s
Profitability:
$16.67 /day
$500.15 /month
$6,001.74 /year
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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
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 ..
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:
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Sunday, 27 February 2022
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.
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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?
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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.
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source https://www.reddit.com/r/btc/comments/t248br/fundraising_question/
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Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...