News about Bitcoin

More / Bitcoin Reddit - 3 years ago

How is Bitcoin a protocol?

We were just discussing at home how Bitcoin is a protocol, like (as it is often said ) TCP/IP. I was trying to wrap my head around it, but according to my understanding of TCP/IP, Bitcoin is nothing like it. If I had to compare Bitcoin to something I...

by COINS NEWS - 3 years ago

I have just declared Bitcoin an official currency.

After years of dubious speculative curious consideration I today am officially declaring Bitcoin an official currency. I have no intention to de-dollarize since the move would not bring any benefit. Bitcoin will be legal tender for all debts, includi...

More / Bitcoin Reddit - 3 years ago

Advice for newbie expats moving to Bitcoin Beach

I am making the move to Bitcoin Beach/El Zonte in the next few weeks. After going down a rabbit hole about the history of money, government overreach, and the possibilities of a better future, the move to El Salvador at this time sounds like an adven...

More / Bitcoin Reddit - 3 years ago

Banks VS Bitcoin

Banks Didn't Protect People From: 1. Housing Bubble 2. Stock Market Bubble 3. Extortionate Credit Card Rates And Fees "But they want to protect you from Bitcoin" The Best Performing Asset For 12 Years? submitted by /u/Zalk...

More / Bitcoin Reddit - 3 years ago

Why is the Bitcoin block size over 1 MB?

I always thought the block size is supposed to be 1 MB max but when you look at the AVG block size stats they are usually 1.3 MB and sometimes almost 1.5MB. Why are the blocks be bigger than 1 MB? Is it because of SegWit? submitted by /...