Saturday, 17 September 2022

Any thoughts on this research paper about the security of ECDSA....

submitted by /u/daadanu
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source https://www.reddit.com/r/btc/comments/xg6puv/any_thoughts_on_this_research_paper_about_the/

Argentina to Hike Interest Rates to 75% as Inflation Nears 100%

Argentina to Hike Interest Rates to 75% as Inflation Nears 100% submitted by /u/-_-_-_-__-_-__---
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PayPal freezes $1.3 million of tech startup's profits 'with no clear explanation why'

PayPal freezes $1.3 million of tech startup's profits 'with no clear explanation why' submitted by /u/bitsteiner
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If BTC survives the upcoming recession, it will likely stay here forever

Just some shower thoughts, but this is the first real rough economic period for cryptocurrency and we'll get to see how it performs.

So far i think its impressive how its holding that 20k support.

submitted by /u/Wrong_Statistician54
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Can someone make a steel man argument for why NOT to buy Bitcoin?

As the title suggests, I would like to hear any strong points against Bitcoin. I hold Bitcoin but I am always curious to hear good arguments that are in opposition to my perspective so I can strengthen my own stance. Thank you!

submitted by /u/thestrongestversion
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Where do you store seed phrases?

Even though I do not have a lot of money, making me no appealing target for anyone, I'd never forgive myself if I lost the passphrase.

That is why I personally store my seed phrases as encrypted notes in my password manager and on paper (the ones found inside the Ledger Nano S) in my safe.

The former method is not what I was wishing for at the beginning, but it was a good trade-off between security and availability (aka won't lose it), but it exposes me to the risk of my password manager getting hacked, being it an appealing target per se.

My question on where you store seed phrases is to understand how you guys store your seed phrase, and if an app on your mobile that could securely store this information would be of interest to the community.

A little bit about me: I'm an indie developer experienced with building security solutions for mobile, currently running a 2FA Authenticator app, and as a crypto enthusiast I've felt the need of:

  • be the only one to access my seed phrases
  • have them redounded on my devices to avoid losing it (e.g. bricked device)
  • secured by my biometrics
  • not stored on some company's server

Hope this discussion won't violate any rules, in case I will delete it.

submitted by /u/r4id4
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source https://www.reddit.com/r/btc/comments/xg0ibc/where_do_you_store_seed_phrases/

Join us tomorrow at 10AM-EDT/4PM-CEST for a LIVE morning Monero chat w/ special guest MarcFalzon to chat about what happened to Bitcoin in El Salvador, Report w/ aFungible & MUCH MORE!

submitted by /u/Rucknium
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source https://www.reddit.com/r/btc/comments/xfyw89/join_us_tomorrow_at_10amedt4pmcest_for_a_live/

Friday, 16 September 2022

What's the best guess for how many people own at least 1 BTC?

I noticed the post by the dad who bought his 2 year old daughter 1 BTC (way to go!) and it made me wonder... how many people own at least 1 BTC?

The total supply will eventually be 21 million BTC.

19.1 million BTC have already been mined.

It's estimated that around 2 million BTC have been lost (presumably forever). Some estimates of lost coins are as high as 3.8 million. Wow! And yikes. Secure your seed, folks!

"Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone."
--Satoshi Nakamoto

Here's where the numbers get even more fuzzy.

902,094 addresses on the blockchain hold 1 BTC or more. But some of those addresses could belong to exchanges or other institutions that hold coins belonging to multiple people, thus the number could be higher. But some people have multiple wallets, thus the number could be lower.

HHhhhhhhhmmmmm...

What's the best estimate for how many people own at least 1 BTC?

submitted by /u/Yodel_And_Hodl_Mode
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ETH is very proud of becoming more eco friendly. But BCH is also eco friendly since 2017 because it scales onchain. A small amount of electricity can power massive amounts of transactions since the blocks will get larger and larger regardless of hashpower/electricity used.

submitted by /u/big--if-true
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source https://www.reddit.com/r/btc/comments/xf8c3b/eth_is_very_proud_of_becoming_more_eco_friendly/

VIDEO: Congressman Sherman Thinks There Are No Jobs or Factories Built For Bitcoin... He's Wrong.

VIDEO: Congressman Sherman Thinks There Are No Jobs or Factories Built For Bitcoin... He's Wrong. submitted by /u/Fiach_Dubh
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Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys

Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/xf5yy9/craig_wright_tells_court_he_stomped_on_the_hard/

Thursday, 15 September 2022

Unpopular Opinion: Proof of Stake is going to outcompete PoW chains. Mining is controlled by the few and rich and can easily be banned.

Unpopular Opinion: Proof of Stake is going to outcompete PoW chains. Mining is controlled by the few and rich and can easily be banned. submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/xedp7s/unpopular_opinion_proof_of_stake_is_going_to/

EXLUSIVE: Craig Wright Takes The Stand - Hodlonaut v Wright Day 3

EXLUSIVE: Craig Wright Takes The Stand - Hodlonaut v Wright Day 3 submitted by /u/CoinCorner_Sam
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Incase something happens to me in future....

So, incase something happens to me in future; I may be incapacitated or die, how do I make sure that my loved ones will gain access to my bitcoin wallet. I'm thinking of drawing this elavorate treasure map, one that even an anonymous hacker named Indiana Jones could not figure out. Lol.

Any ideas on how to hide passwords and seed phrases, and still, securely share the information with a loved one?

submitted by /u/Consistent_Zebra7737
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When Ethereum leaves the GPU mining space if the BCH community was open to the idea, maybe we it could fork the POW to GPU's, and actually decouple from Bitcoin core miners' power and influence over the project.

submitted by /u/big--if-true
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source https://www.reddit.com/r/btc/comments/xeatfg/when_ethereum_leaves_the_gpu_mining_space_if_the/

IT & Telecom the Backbone of the Bitcoin Network

IT & Telecom the Backbone of the Bitcoin Network submitted by /u/MrCrownnnnn
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New podcasts available on Podcash! If you like their content, consider sending them a Boost! 🚀

New podcasts available on Podcash! If you like their content, consider sending them a Boost! 🚀 submitted by /u/fshinetop
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source https://www.reddit.com/r/btc/comments/xe8u1x/new_podcasts_available_on_podcash_if_you_like/

Wednesday, 14 September 2022

AnyHedge Alpha - It's here now. Be a degen gambler on Bitcoin Cash! lol

AnyHedge Alpha - It's here now. Be a degen gambler on Bitcoin Cash! lol submitted by /u/MobTwo
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source https://www.reddit.com/r/btc/comments/xdn5v9/anyhedge_alpha_its_here_now_be_a_degen_gambler_on/

Linux Foundation Announces an Intent to Form the OpenWallet Foundation

Linux Foundation Announces an Intent to Form the OpenWallet Foundation submitted by /u/CoinCorner_Sam
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Store of Value Update: BTC coin project without any real utility and usage on its way below $20K … Again!

Store of Value Update: BTC coin project without any real utility and usage on its way below $20K … Again! submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/xdipeh/store_of_value_update_btc_coin_project_without/

[question] how to create personal tokens, is RSK/rootstock good?

Bitcoin is the best money, but what when you want some modern shares secured with cryptography and blockchain - using power of the strongest Blockchain - Bitcoin?

Is Rootstock(RSK) a good idea for this? How secure is it?

I suppose, for simple centralized tokens/shares, one could just released monthly statements from his database of who has what, signed, and notarized into Bitcoin...

a) just timestamped with Bitcoin, for example open time stamps

b) or broadcast to the world using bitcoin-graffiti with op return, to prove there are no other statements hidden besides the ones I publish now to certain shareholders.

Isn't Rootstock kind of doing (b) but collective among many operations in its chain, for any number of tokens?

submitted by /u/Etovia
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Bitcoin Celebrates 5,000 Days Online in its Latest Milestone

Bitcoin Celebrates 5,000 Days Online in its Latest Milestone submitted by /u/GrandFinale102
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Abu Dhabi regulator now has ‘principles’ for crypto

Abu Dhabi regulator now has ‘principles’ for crypto submitted by /u/ViMooney
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source https://www.reddit.com/r/btc/comments/xdfn2u/abu_dhabi_regulator_now_has_principles_for_crypto/

Tuesday, 13 September 2022

Need Donation For Floods Affected People

Need Donation For Floods Affected People submitted by /u/Iqbal_i
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source https://www.reddit.com/r/btc/comments/xcoyjl/need_donation_for_floods_affected_people/

Fidelity Investments plans to offer Bitcoin trading to more than 34 million brokerage accounts.

Fidelity Investments plans to offer Bitcoin trading to more than 34 million brokerage accounts. submitted by /u/itsmeamirax
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Hodl on...

Hodl on... submitted by /u/Sehkra
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More Than 500M New Consumers Could Buy Crypto By 2030

More Than 500M New Consumers Could Buy Crypto By 2030 submitted by /u/ViMooney
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source https://www.reddit.com/r/btc/comments/xcl2v7/more_than_500m_new_consumers_could_buy_crypto_by/

Are exchanges using DSP (Double Spend Proofs)?

With ABC rolling out Avalanche this week, it got me thinking about double spend proofs and what kind of adoption that's achieved.

Anyone have any info on adoption outside of the various BCH node software (eg. exchanges)?"

submitted by /u/BorgstreamCore
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source https://www.reddit.com/r/btc/comments/xcl0bd/are_exchanges_using_dsp_double_spend_proofs/

Bitcoin Cash nebula brain ;-) [Stable Diffusion art]

Bitcoin Cash nebula brain ;-) [Stable Diffusion art] submitted by /u/AD1AD
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source https://www.reddit.com/r/btc/comments/xclh4z/bitcoin_cash_nebula_brain_stable_diffusion_art/

Monday, 12 September 2022

Only BTC can save

Only BTC can save submitted by /u/disturbed591
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Crypto to cash anonymously

I wanted to know if it’s possible to get 10k € per month on cash near Paris completely anonymously. Does Binance P2P is anonymous ?

submitted by /u/moha_tns921
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Splitting bills atomically with Simple Bitcoin Wallet

Splitting bills atomically with Simple Bitcoin Wallet submitted by /u/CoinCorner_Sam
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Scammers on behalf of Apple launched a presentation on YouTube with ads for Bitcoin and Ethereum cryptocurrencies

Scammers on behalf of Apple launched a presentation on YouTube with ads for Bitcoin and Ethereum cryptocurrencies submitted by /u/ExCryptor_Exchange
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source https://www.reddit.com/r/btc/comments/xbsirx/scammers_on_behalf_of_apple_launched_a/

Taxes on Bitcoin?

Hey everyone! Might be a dumb question but if I don’t sell, transfer or receive any Bitcoin, do I need to even put it on my tax statement? I wouldn’t be realizing and profit or loss and Bitcoin doesn’t pay dividends or capital gains so I should be good? Tia! Edit- I live in the United States

submitted by /u/Expert_Diamond8099
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Crypto Expert (Gareth Soloway) reveals Ethereum price prediction after merge.

submitted by /u/siggi2018
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source https://www.reddit.com/r/btc/comments/xbrpwq/crypto_expert_gareth_soloway_reveals_ethereum/

Sunday, 11 September 2022

600 days till the halving!!!

600 bottles of beer on the wall, 600 bottles of beer,

Take one down, pass it all around, 599 bottles of beer on the wall!

599 bottles of beer on the wall, 599 bottles of beer,

Take one down, pass it all around, 598 bottles of beer on the wall!

submitted by /u/RonPaulWasR1ght
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No, we are not going to "tokenize everything“

No, we are not going to "tokenize everything“ submitted by /u/No-Wolverine1275
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Nigeria seeks to create a special economic zone for Bitcoin and shitcoins

Nigeria seeks to create a special economic zone for Bitcoin and shitcoins submitted by /u/CoinCorner_Sam
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ukraininan teen escapes war whit his life savings on a usb stick, nice move

ukraininan teen escapes war whit his life savings on a usb stick, nice move submitted by /u/ZoeyPerezd
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source https://www.reddit.com/r/btc/comments/xb0ybe/ukraininan_teen_escapes_war_whit_his_life_savings/

Fun day Friday - Grand Hunt tomorrow!

Fun day Friday - Grand Hunt tomorrow! submitted by /u/MPowers99
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source https://www.reddit.com/r/btc/comments/xazlb8/fun_day_friday_grand_hunt_tomorrow/

Bitcoin fees as a % of the total block reward.

Bitcoin fees as a % of the total block reward. submitted by /u/olivietti
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Are my SATs really SATs ?

So I came across a blog of a guy advocating that everyone should run a full node. His main point was that even SATs that are on a hardware wallet, might not really be authentic and are prone to getting tampered with. Can this really happen ? I have all my BTC on a trezor and plan to eventually run a full node, but can hardware wallets have such a big flaw ?

submitted by /u/Numerous_Fee_3770
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