Bitcoin Reddit

More / Bitcoin Reddit - 1 year ago

Using BTC instead of Cash purchase of a new car?

So I'll be changing up my vehicle soon, and have luckily saved up enough to purchase a new car outright with cash. But, I got thinking about how the car I'm considering is around 1 BTC, and was wondering if I instead bought 1 BTC and purchased the c...

More / Bitcoin Reddit - 1 year ago

Bitcoin Block Creation

Hi there, Hopefully, not a noob question, but something I do not quite understand: I am currently reading some Bitcoin books and have recently also set up my own bitcoin full node.In the books I have read that around every 10 minutes a new Block wit...

More / Bitcoin Reddit - 1 year ago

Best Bitcoin Debit Cards to Use in 2022 -

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

More / Bitcoin Reddit - 1 year ago

U$D Fiat Debt Slavery based global hegemony

The USD farms the world for debt. USDs issued out of thin air are sold to people and nations around the world and interest charged. The pandemic gave the pretext to lower the price of this money debt and scoop up a huge net of captive debtors- now t...

More / Bitcoin Reddit - 1 year ago

Do mining pools decentralize Bitcoin?

If a pool has greater than 50% of the network hashrate, they could double spend (this is referred to as a "51% attack"). Since a double spend would devalue the coin, because people would loose faith in it, it makes more sense for pools to collect mi...

More / Bitcoin Reddit - 1 year ago

Daily Discussion, July 27, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...

More / Bitcoin Reddit - 1 year ago

The price the Troika (IMF, ECB and European Commission) has imposed on Greece include privatizing nearly all public assets and services, closing hospitals and schools and reducing of pensions and unemployment benefits. Unemployment over 25%, massive homel

You know why troika imposed all that? Because Greeks are stupid and spent 30 years indebting themselves to the fullest, borrowing like crazy not to pay for progressing society but for the politician's personal gains and to feed their useless public...

More / Bitcoin Reddit - 1 year ago

Recession

So Iā€™m a holder and a believer, I see BTC and blockchain technology as the future away from governments and institutions. Every cycle there seems to be a black swan event that causes everyone to believe the bull market is over before it starts, this...

More / Bitcoin Reddit - 1 year ago

Big difference...

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

More / Bitcoin Reddit - 1 year ago

I asked an AI computer the following

You could always gamble on a shitcoin, which arguable would make more profits than an investment in bitcoin, but the chances of that being successful is very slim. ???? Bitcoin on the other hand is the most stable of all cryptocurrencies, and basica...

More / Bitcoin Reddit - 1 year ago

Full Node Compensation

Have we got to the point yet where fees/commission can be collected from a stock full node as it verifies transactions? If so - how? I run a full node for the simple heady thrill of knowing that every second running its annoying a bank-executive som...