The Bitcoin Cash Podcast #75: Operation Chokepoint 2.0 & Balaji’s Bitcoin Bet feat. Esteban

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source https://www.reddit.com/r/btc/comments/129ubgc/the_bitcoin_cash_podcast_75_operation_chokepoint/

Something important to anyone new

The fear that Bitcoin will eventually become almost impossible to get. I remember the golden days mining casually some bitcoin and being able to use it. That already starts to fade away it’s almost impossible to compete nowadays with the huge miners out there.

Now think of an unlikely scenario of a hyper inflation. Who will sell their bitcoin if everyone only wants to use it? And nobody wants to sell for a high inflating currency?

This is a constant fear I’m living in for almost a decade now since my first Bitcoin. I’m scared of selling. I’m scared that I wake up one day and it will be impossible to get Bitcoins because the demand sky rocketed overnight.

Once you have a larger amount of fiat you realize how easy it is to make fiat with fiat but how hard it is to make bitcoin with bitcoin. The difference between soft & hard money.

We are still very early. I don’t know how long it takes it might be decades but you have already seen what a little hype can do to BTC value in USD in 2020-2021. Inflation doesn’t go away. Things don’t get cheaper - only more expensive. That’s how fiat works.

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Litecoin now ready for monkey pics

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source https://www.reddit.com/r/btc/comments/128zpza/litecoin_now_ready_for_monkey_pics/

How do I start..

Been a lurker of this sub for some time. I see a correlation between Btc and pms. Would like to diversify and utilize Btc. Where and how do I start or purchase Btc? Appreciate any guidance..

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The BITCOIN YouTube is a Bitcoin-Only, Open Source, Content Platform. For Educators, Volunteers & Creators. By Bitcoiners. Join Us!

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Need plan to withdraw bitcoin

Hello all, I have been holding on to BTC for a few years right now in a cold storage ledger and realized I have no idea how I would even go about withdrawing my BTC if needed. I am a broke college student and if BTC shoots up I would be inclined to transfer some of it to FIAT to help with loans, I always assumed I would just use Coinbase but I have heard that they won’t let you withdraw immediately, which can be important when BTC is shooting up. What is the safest way I can quickly (within a day) sell my BTC to fiat?

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Conversation with Skot9000 regarding an open source ASIC.

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

source https://www.reddit.com/r/btc/comments/128u3pt/conversation_with_skot9000_regarding_an_open/