Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

How to convert money on PayPal to Bitcoin?

I've been looking around and I GREATLY REGRET having used PayPal, so I want to move the couple hundred bucks to Binance and forget I ever had a PayPal. I tried OKX but they don't accept PayPal for P2P anymore, I can't move it to my local...

More / Bitcoin Reddit - 2 years ago

Bitcoin Capital Gains vs Spending

If one buys Bitcoin at $30,000 USD per coin, but sells that coin on an exchange someday for $500,000 per coin, that person would have to pay capital gains on the increase. However, if you could purchase stuff with the Bitcoin later on, their purchasi...

More / Bitcoin Reddit - 2 years ago

Fractional Reserve Bitcoin?

Apologies if this question is redundant, ridiculous, or an unnecessary worry. How likely do you think there’s a future where banking institutions (Chase, BoA, etc) offer paper bitcoin to their customers, and most people not understanding the importan...

More / Bitcoin Reddit - 2 years ago

How to live off of BTC?

If I build enough wealth by growing my BTC position over the years, is there a way one could live off of it without having to sell it? For instance, if I owned a lot of real estate, I could live off of it and retire thanks to the rental money. No nee...

More / Bitcoin Reddit - 2 years ago

Backup of multisig wallet onto steel

At BTC Prague back in June I discovered what I believe is the best (only?) way to back up a bitcoin multisig wallet. It is a backup solution called "SeedHammer": https://seedhammer.com/I talked to one of the founders. These guys have though...

More / Bitcoin Reddit - 2 years ago

Bad money decimates society feat. Sebastian Bunney

This is episode 13 of Bitcoin Versus the Banks. Seb and I discuss: -The relationship between money, debt and inflation -The social, political and economic effects of inflation -Whether inflation is a necessary evil -And much more! https://youtu.be/D6...

More / Bitcoin Reddit - 2 years ago

How would you do?

Imagine that you a have BTC on a wallet and you are not sure if your back up has been compromised so you want to transfer the funds. How much per transation would you sent from your previous wallet to the new one? I was thinking about 1/10 of the val...