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submitted by /u/Joseignacioarajo [link] [comments] |
source https://www.reddit.com/r/btc/comments/uesjtr/yesterday_we_were_present_at_the_catia_community/
Saturday, 30 April 2022
Yesterday we were present at the Catia Community Center, providing education about Bitcoin Cash. (Caracas Venezuela)
source https://www.reddit.com/r/btc/comments/uesjtr/yesterday_we_were_present_at_the_catia_community/
Lending stablecoin for my BTC as collateral
Any suggestions for Plattform where I have good rates to borrow some Stablecoins against my BTC as collateral?
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source https://www.reddit.com/r/btc/comments/uerv0n/lending_stablecoin_for_my_btc_as_collateral/
Calling Out the Sexism in Bitcoin as Crypto is for everyone.
It's no secret that the cryptocurrency sector is dominated by young men who are predominantly white. Although crypto's mission statement emphasizes the diversity of more forms of money, more voices, and different worldviews, there's nothing wrong with a fledgling business first targeting a certain socioeconomic group.
After all, decentralization is a procedure. Even the commodity-money bitcoin might have been classified as security if authorities had bothered to check. The hard-capped currency gained root abroad after its founder, Satoshi Nakamoto, moved away from his amassed riches.
Bro, that's sexual harassment. The content, which is replete with stereotypes, casual sexism, and a distorted sense of who is on top and who is on the bottom, comes before the title.
Outside of the context Rand0mGuest2 decides to include, I have no idea what the narrative behind the post is. His pal, who goes by a raunchy moniker that translates to "guy who sleeps around," supposedly intended to make a statement about crypto influencer Rachel "CryptoFinally" Siegel and "exposed" her as a fraud. By sharing a "perfectly timed creeper image of this thot."
There are a couple of points worth mentioning. To begin with, objectifying women is very inappropriate. Rand0 ponders Siegel's "fat ass" and claims she's in crypto to "dump stuff on naive noobs" and pick up a wealthy, caring boyfriend. Her tattoos are "trashy," He categorizes her with other "dishonest courtesans."
This is merely gratuitous discrimination, ignoring that human sexuality is nuanced, love is blind, and not everyone appreciates what you do. Besides that, many new initiatives focusing on environmental well-being, such as SET and Plastik, have gathered the attention of every gender due to their amazing work for making the environment better. This proves that the community wants to become more gender neutral.
[link] [comments]
source https://www.reddit.com/r/btc/comments/uesbnm/calling_out_the_sexism_in_bitcoin_as_crypto_is/
Friday, 29 April 2022
Investors likely to lose almost $545 million worth Bitcoin in 2022 by forgetting passwords and various other mistakes, suggests report
According to a new estimate, bitcoin investors are projected to lose up to $545 million this year due to a variety of factors such as forgetting wallet passwords or making a mistake when recording their "seed phrases."
A seed phrase is a string of words generated by your bitcoin wallet and used to gain access to the crypto linked with it.
Analysts estimate that at least 20% of all Bitcoin has been lost, with the majority of those funds being irreversibly lost.
According to recent study from CryptoAssetRecovery.com, Bitcoin, the most valuable crypto over the likes of Ethereum, Ripple, Quint and so on will lose between $272 million and $545 million this year.
"However, this does not include Bitcoin lost as a result of frauds or theft; while such monies are lost to the original wallet holder, they are not lost to the total Bitcoin money supply." According to the article, "those funds will most certainly continue to circulate."
People also transmit crypto to a burn address or to an address on a different network mistakenly (or occasionally purposely) and lose it.
Every 10 minutes, a new Bitcoin block reward is produced, and the block reward in 2022 is 6.25 Bitcoin. In 2024, the block reward will be halved once more, to 3.125 BTC per block reward.
"Since there are 525,600 minutes in a year, and a block reward is issued every 10 minutes, 52,560 block rewards or 328,500 BTC will be issued in 2022," the report noted.
"It's evident that the vast bulk of the 3.8 million Bitcoins lost were lost early in the blockchain's history, before it had any economic worth."
Given that 2-4 percent of the 328,500 Bitcoin mined in 2022 is likely to be lost, this means that between 6,570 and 13,140 Bitcoin will be lost.
"At $41,500, this indicates that between $272 million and $545 million in Bitcoin alone is expected to be removed from the Bitcoin money supply in 2022," according to the research.
According to Coindesk data, Bitcoin's price dipped below $40,000 on Wednesday, while other major cryptocurrencies were trading in the red.
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source https://www.reddit.com/r/btc/comments/ue3cx8/investors_likely_to_lose_almost_545_million_worth/
Thursday, 28 April 2022
Wednesday, 27 April 2022
I’m sure Steve Jobs would have been with BCH. Check out this interview! https://youtu.be/Qdplq4cj76I
The quote that absolutely blew me away was this: “with most things in life, the dynamic range between average and the best is at most 2:1 … In software and it used to be the case in hardware too, the difference between average and the best is 50:1 maybe 100:1 very few things in life are like this. “
BCH has 100x lower fees than BTC, and Steve’s mention of 100:1 shows how strong Bitcoin Cash is, it is meant as peer to peer electronic cash that it is 100x better with transactions than BTC, however, the market values it at 100x lower. Someone is wrong and I don’t think Steve is.
“I’ve built a lot of my success in finding these truly gifted people. When you go through the incredible work to find 5 of these A players they really like working with each other.”
The second quote about finding the best people who are dedicated to what they do applies to Bitcoin Cash as well with the forks, we kept on working and pushing through which is why we have the best commmunity!
[link] [comments]
source https://www.reddit.com/r/btc/comments/uclib7/im_sure_steve_jobs_would_have_been_with_bch_check/
Tuesday, 26 April 2022
![[OC] Ever wondered if those steel backups for crypto really work? I put one inside a ceramic furnace for 12 hours!](https://external-preview.redd.it/G-ZguntFM_pqiEekzwzs-KLiOjgLFCx3ebb3hD-ztYI.jpg?width=640&crop=smart&auto=webp&s=3565f7238275740891349e975421355b269af25e "[OC] Ever wondered if those steel backups for crypto really work? I put one inside a ceramic furnace for 12 hours!")
Bitcoin Verde's maintenance Flipstarter has just 4 days left. Show the team your support using your favorite wallet! No EC plugins or minimum donations require to contribute.
Mentor Monday, April 25, 2022: Ask all your bitcoin questions!
Ask (and answer!) away! Here are the general rules:
- If you'd like to learn something, ask.
- If you'd like to share knowledge, answer.
- Any question about Bitcoin is fair game.
And don't forget to check out /r/BitcoinBeginners
You can sort by new to see the latest questions that may not be answered yet.
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Monday, 25 April 2022
Sunday, 24 April 2022
My dad doesn't believe in Bitcoin. His arguments:
1) Lands will just follow China and in the end Bitcoin will be fully banned everywhere.
2) If the internet ever gets shut down because for example of a big world war then Bitcoin would become useless.
I'm very bad at explaining and I don't really have solid understandable answers for him so I was wondering if maybe you guys have some good counter-arguments I could use. Keep in mind he's 70+ years old and believes fully in Gold.
EDIT: Wow seriously thanks for all the great replies! Very interesting! I'll forward the best ones to my dad and what he decides to do with them is completely up to him. After that i'll just let it be because yes I agree it doesn't really matter.
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The hidden benefit of saving in bitcoin.
It's been over a year since I decided to start saving via bitcoin. I've been buying as much as I can with whatever source of money coming in and have been consistent at it.
A while ago I was thinking that since I have been saving in bitcoin my net worth hasn't really increased at all, since the current price of bitcoin is below my average purchase price.
But in reality, inadvertently my net worth has increased tremendously. Before I got into bitcoin I was already disciplined with saving and always put away an amount from the beginning of the month. But it's just that actually, since I started bitcoin, I save a hell of a lot more. I am much less consumptive and I have become an "ambitious" saver.
That has a direct effect on my wealth, and that is that even though I am "at a loss" in bitcoin, I have more money than I would have had without getting into bitcoin because I had no incentive to save with that intensity.
This is actually the hidden benefit of saving more, not saving in bitcoin in particular. It's just that bitcoin makes it easier.
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Savage Union on Twitter
📷 Get on-board to the Real P2E NFT 📷 3x WL 📷P2E Ship Battle Game 📷ETH reward pool 📷 Follow
📷 Like & RT 📷 Tag 3 Friends #P2E #nftart #WL #NFTCommumity #NFTGiveaway
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source https://www.reddit.com/r/btc/comments/uaedqe/savage_union_on_twitter/
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