Crypto 360°

Wednesday 16 February 2022

Beat inflation with crypto.

submitted by /u/dvempy
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Me after acquire 0,0001 BTC

submitted by /u/Dasa_hun
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It is never late to understand how decentralized exchanges work, the importance of storing Bitcoin in cold storage and having a local supportive community :)

submitted by /u/Alarmed_Translator58
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Friendly reminder - Bitcoin is Apolitical by design

Next time you are tempted to push a political agenda, ideology or movement (right or left) on the back of an agnostic technology, ask yourself if you’ve been victimized by the same propaganda machines Bitcoin was originally designed to circumvent.

Never, ever forget, the Bitcoin network runs nodes out of socialist, communist, fascist and capitalist countries. It follows none of these political ideologies because it’s not human. It doesn’t care. It is apolitical by design.

Bitcoin is technology - let’s keep the conversation there. Reddit has enough political subs for smooth-brained apes to throw shit at each other.

submitted by /u/jlogelin
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Silvergate to Continue Working With Regulators Ahead of Stablecoin Pilot Launch

submitted by /u/Straight-Papaya-24
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source https://www.reddit.com/r/btc/comments/stayni/silvergate_to_continue_working_with_regulators/

No, 10% of Bitcoin owners DO NOT own 99% of the bitcoins...

Those "Bitcoin wealth inequality" statistics go from very misleading to outright false and unfounded anti-bitcoin FUD (just like the Bitcoin energy use FUD ones). Here's the corroborated info debunking them (check out the bottom link for a thorough research):

It is well documented that Bitcoin is not centralized, in any way.

Here's a Glassnode thorough analysis regarding distribution:

https://insights.glassnode.com/bitcoin-supply-distribution/

Highlights:

No, Bitcoin Ownership is not Highly Concentrated

Not all Bitcoin addresses should be treated equal. For instance, an exchange address holding the funds from millions of users needs to be distinguished from an individual's self-custody address.

A Bitcoin address is not an "account". One user can control multiple addresses, and one address can hold the funds from multiple users.

Edit: Also this info from Woo

This is good for Bitcoin.

Willy Woo on Twitter:

A longitudinal study of #Bitcoin's supply distribution since the genesis block.

Summary:

Bitcoin continues a 12 year trend of distributing evenly. Small holders are a rising force. (Includes new data unseen before from Entities, not addresses on-chain analysis.)

https://twitter.com/woonomic/status/1418192184767963136

This is an excellent DD and comprehensive "centralization" rebuttal:

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

https://old.reddit.com/r/Bitcoin/comments/qhlxfr/no_bitcoin_is_not_controlled_by_a_small_group_of/

submitted by /u/simplelifestyle
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