Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

Bitcoin Mining Difficulty Attack

I can't seem to find much online about a type of mining attack on bitcoin and want to know if anybody else has played out the game theory on this. The attack is done by raising the mining difficulty then turning off all the hash rate that the att...

More / Bitcoin Reddit - 2 years ago

Early to bitcoin

Well I’m overwhelming happy to announce yesterday was my Reddit Cake Day and I celebrated by finally hitting my goal of .5 BTC! ???? I’ve been interested in BTC for many years now but I always seemed to “miss the boat” as they say. I’m finally in a g...

More / Bitcoin Reddit - 2 years ago

Bitcoin, KYC and taxes

I was wondering about the following scenario... Let's say you've bought some BTC on a KYC exchange and kept it all in a HW wallet in hundreds of different generated wallet addresses while not moving anything. The BTC price has risen significa...

More / Bitcoin Reddit - 2 years ago

Bitcoin-driven Wealth Redistribution

https://preview.redd.it/kaybcozafbdb1.png?width=890&format=png&auto=webp&s=feb678472784625828964307fe8ee703f544fcbd It's widely recognized that one of the notable potential ramifications of the rise of Bitcoin is a significant r...

More / Bitcoin Reddit - 2 years ago

"Collectible" BTC?

Many things are counterintuitively valuable. I think BTC from very old wallets might be worth much more than those that have moved around a lot. One reason might simply be that they have never been involved in a crime. But it also seems like 100 year...