Tuesday, 28 September 2021

Dont wait to buy Bitcoin. Buy Bitcoin, and wait.

Happy Monday everyone.

Heres to a good week!

submitted by /u/thadiusb
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Bitcoin is up $43,267 since Jamie Dimon first called it a fraud.

Bitcoin is up $43,267 since Jamie Dimon first called it a fraud. submitted by /u/Bitcoin_is_plan_A
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No-coiners don’t get it: It’s not up to the government

No-coiners don’t get it: It’s not up to the government submitted by /u/stuntpope
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Bitcoin environmental FUD offsetting cost

Electricity consumption:

This means that Bitcoin can offset it's carbon fingerprint by buying 1.6 billion dollars worth of carbon credits (600 Million dollars if we substrated the renewables), this constitutes 0.001% of the total bitcoin Market cap, and about 7% of bitcoin mining revenue.

Mining ASICs recycling: - Bitcoin e waste is 30.7 metric kilotons annually.

This means tha bitcoin mining ASICs could be recycled for 0.276 billion dollars, this constitutes 0.0003% of the total bitcoin Market cap, and about 2% of bitcoin mining revenue.

I am not arguing the we should buy carbon credits or force recycling old ASICs, but it doesn't cost that much to kill the environmental FUD.

submitted by /u/mujshanan92
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Please help me to let know to the comunity what’s happening in El Salvador specifically with btc anthena’s atm. Small businesses are not getting their money. A lot of people is calling and having no response but this guy because is a journalist and has a lot followers have a instant response.

Please help me to let know to the comunity what’s happening in El Salvador specifically with btc anthena’s atm. Small businesses are not getting their money. A lot of people is calling and having no response but this guy because is a journalist and has a lot followers have a instant response. submitted by /u/Mr-Cheng-As
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Bitcoin Cash rewards needed on Coinbase Card. #BCH #Coinbase

Bitcoin Cash rewards needed on Coinbase Card. #BCH #Coinbase submitted by /u/ShyneBlock
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source https://www.reddit.com/r/btc/comments/pwoqtm/bitcoin_cash_rewards_needed_on_coinbase_card_bch/

Technical Question about LN...(not enough room to ask in this post header)

So lets say we have channels between (A,B) (B,C) (C,D).

A <------> B <------> C <------> D

And lets say B wants to send their "beads" to D.

How does D know those beads weren't spent already spent with A ??

The introduction of the LN whitepaper talks about how bitcoin is a "gossip" network - that everyone must know about every other transaction. And this is true.

So if D does not have the full history of all transactions, then how does it trust that B didn't spend with A already ??

And lets add the caveat that A,B, and C all want to defraud D.

submitted by /u/mrtest001
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source https://www.reddit.com/r/btc/comments/pwo7jo/technical_question_about_lnnot_enough_room_to_ask/