Help me explain to my mom Bitcoin is NOT a ponzzi scheme

She is convinced it is a ponzzi

submitted by /u/Ok_Information_4972
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Bitcoin miners no longer hoarding Bitcoin to inflate the price, instead they are choosing to dump it on retail investors for FIAT. Bitcoin is subsidizing millions in mining rewards to pay for expensive transactions in tiny blocks. It doesnt scale.

submitted by /u/FearlessEggplant3036 [link] [comments]

source https://www.reddit.com/r/btc/comments/10tw4hf/bitcoin_miners_no_longer_hoarding_bitcoin_to/

Berkshire Hathaway was built atop a system that Bitcoin was created to destroy

submitted by /u/stuntpope [link] [comments]

r/AskReddit - If you could go back in time for a day to witness a historic event, which would you choose? “I’d go back to the day the first Bitcoin selling website went live, when you could get 5 thousand coins for PayPaling the site $1 dollar”

submitted by /u/Future_PeterSchiff
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Ayn Rand nails the difference between the Gold Standard and Fiat: “Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it."

submitted by /u/thus_spoke_tyro [link] [comments]

Abra doesn't let me protect my privacy

They gave me some cprx which equals to 4 cents. When I try to delete my acc, app says I need to get rid of funds.

I tried contacting support but they said I need to withdraw my funds. But I can't withdraw 4 cents. They are clearly blocking my right to protect my privacy.

I just want to relinquish of my funds and delete the account. I just want to protect my data from any possible data breach in future. Abra isn't cooperative with my situation. I need help from this subreddit's users.

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What should I do?

submitted by /u/troymctaylor
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Is it ok for bitcoin nodes to be late a few blocks?

I noticed while opening channels in lnd that it sometimes will wait more time after 3 confirmations are shown on mempool.space. Indeed, my bitcoin node seems slow to reach the same block height, increasing the 'umber of transactions regularly, apparently doing nothing intensive, but not increasing block height as fast, the sometimes growing block height of 3 blocks at once. Can it cause some issues for my lightning node, except for the slower reaction time? And what could I do to improve that reaction time?

submitted by /u/Gromitaardman
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Alien abduction

submitted by /u/thecryptos [link] [comments]

Why and how bitcoin wallet samourai wants decentralize whirpool with more coordinators

submitted by /u/MrCrownnnnn [link] [comments]

Found old wallet.dat

I found old wallet.dat file, its 600KB!

How can i access the private keys?

submitted by /u/CryptographerCold588
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Bitcoin cover art I made for my 5th "SATOSHI'S MIXTAPE" ... link in comments, won't be for everyone but at least you can enjoy this

submitted by /u/Soldier_of_the_Light [link] [comments]

Watchdog warns FDIC fails to test banks’ cyberdefenses effectively: Another reason to use BTC as your savings account.

submitted by /u/Warrlock608 [link] [comments]

Keystone Pro , Trezor T or BitBox02

Hey, I´m starting my journey in crypto world and I'm looking for a good hardwallet. I took a look at some reviews and Keystone Pro seems good and very safe but not sure about my choice. Can someone help and tell me some pros and cons?

submitted by /u/dinis_127
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