Bitcoin Reddit

More / Bitcoin Reddit - 1 year ago

Attacking Bitcoin’s supply limit

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

Moving and transporting your metal seed backup

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

Keep stacking sats

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

✅️ Blockchain network processor for waynance

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

Min relay fee / ledger live

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

Seed and offline electrum wallet

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

Crypto wallet for my toddler’s future?

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

how fast is btc growing

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

Daily Discussion, July 24, 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

Why are you a bitcoin maximalist?

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

PSA: It's okay to spend your bitcoins.

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

Thomas Sowell: Federal Reserve a 'Cancer'

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

CBDC's Are Not Money - A Case For Bitcoin

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

Confused about multiple transactions within a block

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

Does layer 2 allow total privacy for Bitcoin?

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...