News about Bitcoin

More / Bitcoin Reddit - 2 years ago

Bitcoin as world reserve currency

Do you think Bitcoin will take over as the world reserve currency and replace the US Dollar? It seems that the destruction of the US dollar as the world reserve currency is inevitable. I guess it's just a matter of when and not if? submitt...

More / Bitcoin Reddit - 2 years ago

What can be done with a stolen Bitcoin ATM?

The recent news from Spain about stolen Bitcoin ATM brought up some questions in mind. Is it useful only to steal the cash that was deposited inside the ATM for purchasing bitcoin? In that case won't it be more productive to steal a Cash dispens...

More / Bitcoin Reddit - 2 years ago

I went full bitcoin today

I don't really care about the price fluctuations anymore because I'm now a lifetime holder. I puller all my money from other investments to go full bitcoin and I'm moving to El Salvador in a month to go surfing and take some time off, wis...

More / Bitcoin Reddit - 2 years ago

The average bank ATM fee is now almost $3, or $5 for out-of-network ATMs. Checking account fees are typically over $60 per year. Bitcoin is currently 7 cents per simple on-chain transaction, nearly zero for LN, and self-custody hodling is free.

On-chain from segwit address to segwit address: 111 satoshis, or just a bit over $0.07 at $63,500. LN is anywhere from zero to a few satoshis depending on routing. https://smartasset.com/checking-account/atm-bank-fees Bank ATM fees vary based on you...

More / Etherum Reddit - 2 years ago

taproot upgrade for Bitcoin question

Sorry for the noob question. I read taproot now enables Bitcoin to potentially do smart contracts like Ethereum. So why invest in Ethereum? Can ethereum still do a lot Bitcoin. Please save the roasting for your kitchen and not me please as I said bef...