More / Bitcoin Reddit - 1 year ago
Hello
Im thinking about installing Electrum wallet and use it to confirm BTC transactions - e.g. instal one wallet on my old computer which is NOT and will NOT ever more by connected to the internet. Thats the "main wallet/transaction signing". And...
More / Bitcoin Reddit - 1 year ago
One of the key ingredients of Bitcoin’s success is the fixed supply. And I’m not here to suggest it’s possible to alter Bitcoin’s legitimate supply.
However, I am concerned with malicious attempts to sway Bitcoin buyers into alternatives to BTC. A...
More / Bitcoin Reddit - 1 year ago
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
Being involved in the crypto market for well over a year, I am now seeing the advantage of (bitcoin) having a coin where nobody can make any changes or forks or updates or change anything about the coin at all. is there another coin where changes ca...
More / Bitcoin Reddit - 1 year ago
I don’t own a metal backup but I would suggest…
I would copy a set to paper, cut it into two sections. For the first section, I would bring it hidden inside stacks of paper (or a book) as carry-on baggage. For the second section, I would hide it ins...
More / Bitcoin Reddit - 1 year ago
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 can tell you almost to the day on any given day how long we have until the next halvening.
I am currently planning my next big career move and want to complete the plan before the next halvening so I can take a long work break before having to fin...
More / Bitcoin Reddit - 1 year ago
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
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
Looks like I can’t send 1sat/vb transactions via ledger live since I always get “min relay fee not met”.
As far as I found out, this minimum fee is set by the electrum server I use?
Should 1 sat/vb work if I use electrum and my own (umbrel) node/ele...
More / Bitcoin Reddit - 1 year ago
an offline wallet works very similar to a hardware wallet. so it’s nothing revolutionary.
When you use an offline wallet you keep your seed on a wallet installed on a pc offline that never got and never will be connected to the internet.
How do you...
More / Bitcoin Reddit - 1 year ago
You might consider Trezor, Ledger or Coldcard.Trezor One launched in August 2014 as the first Bitcoin hardware wallet and Trezor model T is the latest version which comes with a bright color LCD screen. Both offer secure bitcoin (and many other Cryp...
More / Bitcoin Reddit - 1 year ago
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
As the title says, how would you stop a deflationary spiral in a Bitcoin denominated world?
“A deflationary spiral is a downward price reaction to an economic crisis leading to lower production, lower wages, decreased demand, and still lower prices....
More / Bitcoin Reddit - 1 year ago
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
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
Because out of all the 20,000 other coins Bitcoin has the most fair distribution that is not for anyone else's benefit or profit.
Rules, but no rulers.
It is grounded in real world electricity cost and hash power. There is no cheating, it's just a m...
More / Bitcoin Reddit - 1 year ago
I've noticed a trend of posts on this sub of people questioning or even ridiculing anyone who spends or has spent their bitcoins to buy things on the Internet.
This is not what bitcoin is about.
When I got in to bitcoin, the game was to get other pe...
More / Bitcoin Reddit - 1 year ago
This man is a genius and if you want an interesting perspective on social, political, and racial issues, read his books. Sowell makes difficult topics incredibly easy to understand. That is the mark of brilliance. I particularly appreciate it when h...
More / Bitcoin Reddit - 1 year ago
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
We were all worried that #3 were selling off their coins and tanking the market but it appears that they were only moving their coins to a new wallet. I posted about this whale previously Here.
Here is the old wallet - look at the totals going out
A...
More / Bitcoin Reddit - 1 year ago
When someone wants to pay someone or receive money, they should verify the block chain to make sure they are using the correct “trusted” chain. This means each transaction is also checked to make sure the payer has enough funds to send the money.
Wh...
More / Bitcoin Reddit - 1 year ago
Could someone kindly explain how I could create a encrypted file/document which I could put ones seed phrases onto without causing risk that my seed phrases are not exposed online. Ideally would like to transfer that file onto a usb. I’d just prefer...
More / Bitcoin Reddit - 1 year ago
Only block 9 is verified to be mined by Satoshi.
This 5% myth comes from extranonce pattern speculation post on bitcointalk back in 2013. It was already debunked 9 years ago. Don't know why people blindly repeat this.
It's entirely possible Satoshi...
More / Bitcoin Reddit - 1 year ago
With a custodial LN wallet, all your transactions are private except to the custodian.
With a noncustodial LN wallet (you need to run your own LN node), all transactions are private (except for the transaction parties) and the only thing that can be...