I hope our politicians are listening to this brilliant MIT US Space Force guy

submitted by /u/s3k2p7s9m8b5 [link] [comments]

Elizabeth Warren is trying to criminalize and sanction US citizens operating bitcoin nodes/put narcware on all US bitcoin nodes/cold storage wallets.

My absolute main issue with bitcoin reddit, is that you guys underestimate how bad it is to continuously have laws passed to criminalize your existence. While China indeed didn't technically truly stop bitcoin, they all but effectively did.

I'm afraid you're going to have to focus on politics and doing whatever is politically necessary to get laws passed that protect peer to peer rights.

submitted by /u/samdane7777
[link] [comments]

Moderate Inflation is a good thing is a myth, propagated to justify insane policies

Just your regular reminder that we all have been subject to a heavy dose of propaganda in our school system on inflation and consumption.

This is mainly to justify the necessity of government controlling the money-supply.

A statistician (Keynes) from an aristocratic family who never had to work came up with the (incorrect) theory that spending and consumption are good for the economy, while savings are bad. Therefore, savers should be punished by constantly debasing their savings.

Lots of governments ran with it to justify debasing their currencies to death to pay for WWI and WWII. After the wars, controlling money was too powerful to give up and we ended up with the current insane propaganda that money constantly losing value is actually a good thing.

The economy prospers by hard work and innovations, not by arbitraging financial instruments and buying cheap Chinese shit on a credit card that you can never fully pay off.

If you going to hold Bitcoin for more than a week, read something like the Bitcoin standard - so you can detoxify your brain from all the propaganda.

submitted by /u/Vegetable_Study3730
[link] [comments]

How to bridge my altcoin for Bitcoin?

Hello,

I bought some Bitcoin a while back, but I mainly own alt coins (Ethereum included) on Polygon. I don’t like the idea of storing money on a "centralized" blockchain (there is only a few validator on the Polygon network, which enables small fees) and I like the robustness of Bitcoin.

However, by doing research, I only found a way to bridge Bitcoin for an ERC20 token like renBTC, but I can’t exchange renBTC back to Bitcoin. I found the liquality.io bridge which seems to work, but the minimum swap amount is of 0.1 ETH, which is too expensive for me.

Do you any way to bridge EVM tokens to BTC, or any atomic swap or a centralized exchange with low fees and no KYC that I could use?

Thanks a lot in advance!

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

source https://www.reddit.com/r/btc/comments/tgh3ix/how_to_bridge_my_altcoin_for_bitcoin/

The End of the Dollar Hegemony with Nic Carter

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

Indian government says no plan to issue cryptocurrency

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

source https://www.reddit.com/r/btc/comments/tgh2iw/indian_government_says_no_plan_to_issue/

What would you think about a $0.01 per 1 BCH transaction fee?

• $0.0001 for 0.01BCH ($2.9)
  
• $0.001 for 0.1 BCH ($29)
  
• $0.10 for 10 BCH ($2900)
  
• $1 for 100 BCH ($29,000)

A fee structure similar to this would retain Bitcoin Cash's low transaction fee usability while also increasing overall block security

What would you think of a hypothetically scaling fee model of sort?

submitted by /u/FamousM1
[link] [comments]

source https://www.reddit.com/r/btc/comments/tggltw/what_would_you_think_about_a_001_per_1_bch/