Why on Earth should you go to the trouble of withdrawing bitcoin from an exchange?

If you paid for #bitcoin and don't hold it in your own wallet, you don't have any bitcoin.

You might have given an exchange your fiat money, bought some on their market from other customers, and the exchange credited your account page with a number next to the symbol of Bitcoin - but that's not bitcoin.

That's a personal account you have with the exchange that no one else in the world recognises. It's a claim to some bitcoin that the exchange has in THEIR wallet. Well, MIGHT have in their wallet.

Consider the analogy of buying gold online, and then seeing your account credited, but never receiving the gold in your hands. You just got scammed. Do they even have the gold? Will they give it to you if you asked? Don't make the same mistake with your bitcoin #deletecoinbase

If you don't know how or are too scared to do this, you can take baby steps listed here to learn...

https://armantheparman.com/bitcoin-storage-get-better/

submitted by /u/armantheparman
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Why did OpenBazaar fail? Why are other crypto marketplaces way behind cefi? An analysis.

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

source https://www.reddit.com/r/btc/comments/xuw9fn/why_did_openbazaar_fail_why_are_other_crypto/

Ordered my first takeaway with Bitcoin last night and it felt great

I always leave my bank account empty excluding money for the bills and living expenses. I really wanted a takeaway last night. After a google search, I found out that coin base sells just-eat gift cards, as well as other gift cards. This for me is great news because now I can use my bitcoin wallet when there’s a small peak, while depositing when the value drops a little, saving me money. It also means I can now save more Bitcoin and do my shopping with brought gift cards instead.

I just can’t wait/hope that in the future all companies will take bitcoins, even for things like down payments for a house; but untill then, I’m gunna keep saving.

Slowly, but surely we are breaking away from banks.

submitted by /u/FunGiPranks
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The BCH Argentina Flipstarter has been funded. Many thanks to all contributors

submitted by /u/Ian_Blas27 [link] [comments]

source https://www.reddit.com/r/btc/comments/xutscw/the_bch_argentina_flipstarter_has_been_funded/

An economist who said bitcoin was a bubble in 2013 spoke virtually at our school. Lol.

submitted by /u/Leading-Fail-7263 [link] [comments]

Training still on. It's 100% legit, here's the best way to day trade. Join my channel

submitted by /u/Most-Jump9867 [link] [comments]

source https://www.reddit.com/r/btc/comments/xut04u/training_still_on_its_100_legit_heres_the_best/

Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status – Finance Bitcoin News

submitted by /u/SnakeDoc25 [link] [comments]

source https://www.reddit.com/r/btc/comments/xu00cp/report_cme_group_to_face_off_with_ftx_after/