If you had $50 million worth of BTC stored in cold storage wallets, and you recently got married… Would you tell ur new spouse the codes right away, wait a few years, or keep it secret until you’re terminally ill?

submitted by /u/Divad777
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Gary Gensler on Meeting With SBF and His Crypto Crackdown

submitted by /u/2q_x [link] [comments]

source https://www.reddit.com/r/btc/comments/11cu6xm/gary_gensler_on_meeting_with_sbf_and_his_crypto/

Tax Implications of spending BTC in the future

A bit of a hypothetical scenario question here!

Lets say I accumulate a decent amount of BTC over the next say 10 to 15 years.. and then I move to, or travel to somewhere like Costa Rica, where Bitcoin payments are becoming more common.

I understand that I could move some amount of BTC from a hardware wallet to a wallet that is compatible with the lightning network, to make smaller micro transactions.. but what are the tax implications in doing such a thing?

I more or less understand how capital gains tax works if I were to sell BTC for a profit in the future; but how does it work if you were to just start using it and spending it as a way to pay for stuff?

submitted by /u/Scoon_Dog
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Bought some bitcoins

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

Best low fee Exchange for Americans?

What do you guys recommend?

I can't use coinbase or binance US. Binance wanted me to fill out all this paperwork and I told them to get fucked. Coinbase was something else

I'm sports gambling so I want something where I can withdraw bitcoins and sell cheap without too many fees

submitted by /u/brahmab1778
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After Bitcoin Core synchronizes. You need to confirm it’s online!

This post is for the noobs who just like me synced their nodes very recently. Also I want to admit that I was an idiot thinking my Bitcoin Node was "online" supporting the network for a whole month, when in reality it was just sitting there.

I was trying to connect a widget to my node to read some data over my network. that's when I realized I can’t access it.

After a little of research, I found a way to check if my node was online (which is on the Bitcoin Core website: https://bitnodes.io/#join-the-network) and it kept returning errors.

After some more research I realized I need to configure my router to forward port 8333 and allow my firewall to pass through inbound connections.

tl;dr, after you sync your node, confirm it’s actually online. Peace.

submitted by /u/adigabusymind
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Reminder

Just looked at the markets and just wanted to remind everybody that holding your BTC on exchanges is risky. Proceed with caution if you choose to do so.

"Not your keys, not your coins," Those exchanges have had a rocky road over 2022.

submitted by /u/couchguitar
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Bitcoin mining is currently one of the most competitive and fragmented industries in the world.

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

Exclusive Interview with The Bitcoin Cash Podcast Founder and Host: The Story of BCH's Potential

submitted by /u/alberdioni8406_ [link] [comments]

source https://www.reddit.com/r/btc/comments/11btvix/exclusive_interview_with_the_bitcoin_cash_podcast/

Let's Talk About "FUD" )Not what you think... )

Let's talk about the term "FUD".

I think the reaction of calling every idea about about Bitcoin you don't like as "FUD" is ridiculous. It's the same intelectual laziness by which liberals attribute any type of disadvantage to racism or sexism and the way conservatives dismiss any information that doesn't align with their world view as fake news.

They are all just excuses of self-righteous defensiveness.

I know even the biggest Bitcoin influences throw this term around, but I would urge you to have deeper thoughts when questioned about bitcoin. By not leaning on the knee-jerk reaction of "FUD" you will provide a better understanding to the person asking the question and it will also force you to deepen your own understanding and philosophy of why Bitcoin works.

And that is exactly why the term is unnecessary and lazy, because all the typical arguments "FUD" against bitcoin have very clear explanations that anyone willing to learn how money works can easily understand. And if that person doesn't what to take the time to understand bitcoin, that's fine. They will just have to buy bitcoin at the price they deserve.

I've often posted here that Bitcoin does not care about semantics, but I think this idea is more than just semantics. It's about promoting a more intelligent discussion around bitcoin, which also requires the respondent to also improve their own understanding.

Cheers!

submitted by /u/donmulatito
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Buy Bitcoin via The Invisible Internet Project - I2P

Hey community. We are pleased to announce that now it's possible to buy Bitcoin via our I2P link: Trocador.i2p (you need to configure your Browser to access I2P first, of course) In the case of Trocador, all our products work out of the box also for I2P. This means that anyone can simulate rates via API, create trades, check transactions, plus using our AnonPay Payment Gateway solutions, or even create invoices with our Payment Generator... all over I2P tunnels. Are we the first exchange aggregator to be on I2P? Cool. In any case, we intend to continue pushing for privacy and implementing solutions that benefit our users. We are currently exploring whether there are possibilities that allow us to add decentralized exchanges rates among our own and allow users to transact with us in a way that streamlines the user experience and drives its adoption. We are also looking at ways to provide more pairs to swap with Bitcoin Lightning. Trocador.i2p website Opportunity: We are currently looking for people capable of translating the Trocador website into other languages. Those interested, please let us know via Telegram or E-mail. We will pay 100 USD equivalent in Bitcoin for translation in the following languages: Hindi Observation: When adding our address on i2p, check that our Base32 is correct: http://lpn5pb34rpsee3ycqtjf3vzngpibxsvzx4a3kdc3rmavgpbpclvq.b32.i2p/en/ submitted by /u/Trocador_App [link] [comments]

what are your holding time target for bitcoin ? less or more then 5 years ?

submitted by /u/CryptoM416 [link] [comments]

Just want to thank the Owner and the moderators of /btc.

I was banned from /Bitcoin for seemingly no reason. In the back of my mind I thought, wasn’t there a /btc sub too? And then I read the description of this community, I guess they disagreed with something I said. Pathetic people over in /Bitcoin!

submitted by /u/BitcoinMiningStocks
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source https://www.reddit.com/r/btc/comments/11b3xml/just_want_to_thank_the_owner_and_the_moderators/