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Showing posts from August, 2021

Never thought I'd see a bitcoin ATM in my neighborhood!

https://ift.tt/3mMmk2f Submitted August 31, 2021 at 09:42PM by kuzkokronk https://ift.tt/2WBMtFR

That's the knowledge of big economists, Who don’t know shit about what a legal tender is #Bitcoin

https://ift.tt/3BtCUrL Submitted September 01, 2021 at 03:56AM by Lazy_Arugula https://ift.tt/3mMTOgX

El Salvador approves $150 million BTC Trust

https://bitcoinmagazine.com/business/el-salvadors-democratic-assembly-approves-150-million-bitcoin-trust Submitted September 01, 2021 at 02:04AM by TacomaSparky17 https://ift.tt/2WIesna

El Salvador Speeds into the Unknown

https://ift.tt/3t0nd8i Submitted August 31, 2021 at 08:10PM by john_writes https://ift.tt/3mPCqIu

Bitcoin Is ‘Worthless,’ Housing Bubble Billionaire Says. Just Don’t Try Betting on a Decline.

https://ift.tt/3kAF69V Submitted August 31, 2021 at 05:34PM by steve4983 https://ift.tt/3mP5b8a

Running a bitcoin node

I've made the big jump, people. I've started up and spooled my first bitcoin network node up. I can't share this news with my family or friends -- because they'd react like I installed a new app and was bragging about it -- so here I am before you. I don't want to share details or anything but I don't know how to express this sense of satisfaction I have from spending the hours to get this all up and running. Submitted August 31, 2021 at 09:40PM by KRHarshee https://ift.tt/3zzz7sf

Will PayPal's adoption of bitcoin make cryptocurrency more mainstream?

https://ift.tt/3mKUeEv Submitted August 31, 2021 at 06:45PM by TheLuckyLeandro https://ift.tt/3zz4Zx9

Weimar?

I am a person that sees "worst case"...so I want to know if I'm being paranoid or not. I'm seeing things that make me very, very uncomfortable. The rapid rise of real estate, especially luxury real estate. In California, it is NOT uncommon to see nice track homes that are 3,000 sq foot going for around 1.8-2 mill. These are not mansions, these are not architecturally significant. These are track homes where engineers, software sales people, and a lot of white collar lives. Social unrest-a few of my friends see this, most don't comment. Have we forgotten the riots? The political scene is turning uglier and uglier...and I think things are becoming more socialist. Being labeled xyz if you don't agree with a topic. I'm finding myself just not talking anymore...seems conversation doesn't exist, anger/agree with us does. A lot of people making a lot of money-since the pandemic began, I know many people who have gotten raises. These are normal people. I

“Bitcoin Is About To Make Fiat Institutions Like The IMF Obsolete,” Says Market Analysts

https://ift.tt/3t3hKxz Submitted August 31, 2021 at 09:45PM by castorfromtheva https://ift.tt/3yBwc0W

Bitcoin fixed this. So beautiful ❤️

https://ift.tt/3yBwt3Y Submitted August 31, 2021 at 09:46PM by BtcAnonymouse https://ift.tt/38pBHoZ

Drop your pride and listen

I consider myself very lucky. I bought several properties over the last 8 years. I did NOT understand the money supply going up, but I did understand that the low rates made payments affordable (while many argued bubble I knew the payment is what mattered). I remember a condo I looked at (and ended up buying) was bought at the bottom by the seller who had an all in payment of $1300 (hoa, taxes, principle/interest). That condo was renting for $1500. Literally the condo paid for itself AND generated cash flow. The market for that condo rent is now $2100 a month. While I got lucky, I will tell you that I had many friends that had a chance to buy and didn't. Their general response was "it's going to a crash". What the truth is that they put in little research and were frustrated because they thought they missed out. Life was fine for them, and it still is-but they missed out on massive financial gains. Many of the highest educated and also some of the highest IQ people

Bitcoin is the beginning of a Type I civilization

https://youtu.be/6GooNhOIMY0 Submitted August 30, 2021 at 10:17PM by HeyDontSkipLegDay https://ift.tt/3mKWSKl

Man robbed of 16 bitcoin hunts down suspects, sues their parents

https://ift.tt/3sWL9cQ Submitted August 31, 2021 at 04:52AM by Mad_Dawg707 https://ift.tt/3zvaMDP

Example of how early we are

First a little backstory: I've been trying to source an Xbox series X for like 3 months but I keep missing out on the drops. I finally caved and decided to pay over retail to a scalper just because I had probably $100 worth of my time into just trying to find one. So I messaged a couple of people on FB marketplace and put up an ad in the local reddit classified saying I would pay 650 cash or 700 in Bitcoin. Multiple people called me a scammer, and the guy I finally made a deal with took the cash. I mean he literally turned down $50 because even if he doesn't want to be a hodl'er he could sell right away. Guys, we are still in the "giving away free money" stage of adoption. Thank you for attending my TED talk. See you when Halo drops lol. Submitted August 31, 2021 at 01:26AM by Duplicitous2 https://ift.tt/3jsncqt

One of New Zealand's largest power companies to mine Bitcoin with surplus energy

https://ift.tt/2WEho4M Submitted August 31, 2021 at 03:10PM by mambell https://ift.tt/3gOZh2R

1 week until BTC becomes legal tender in El Salvador.

Do you think that it will become more bullish when the day arrives? Would it be pumped? I’d love to read your theories. Submitted August 31, 2021 at 11:49AM by Super_Discipline_690 https://ift.tt/3gMrYO0

Stacking sats every month for almost 4 years - monthly update

Started to buy Bitcoin every month in October 2017. Mining fiat, buying bitcoin. I write this blog to document my progress and give a blueprint for present stackers, and future alike. No trading, no shitcoins, only bitcoin and constant grinding. You will need patience to be successful. No matter when you start, you will be at a loss at some point in time. But you need to stack through it and keep on stacking many months, many years. There's no get rich quick. BUT there is get rich slowly. You will own Bitcoin and you will be happy. ​ https://er-bybitcoin.com/stacking-em-volume-14-august-2021/ Submitted August 30, 2021 at 11:02PM by jamespunk https://ift.tt/3kvNDLq

Why Bitcoin matters for human rights, in 2 minutes. By Alex @gladstein

https://ift.tt/3DvdgVl Submitted August 31, 2021 at 12:26AM by Amber_Sam https://ift.tt/3jtI1lD

Fidelity forecasts $ 100 million per bitcoin by 2035 | Cryptocurrency News Room

That is quite a forecast by Fidelty. Hope it comes true. Submitted August 31, 2021 at 01:19AM by bitcoin-bull https://ift.tt/3mMI9yO

Loving my new light!

https://ift.tt/3zuBGvS Submitted August 31, 2021 at 02:59AM by Fluid-Mammoth https://ift.tt/3sXxsdI

First-ever Bitcoin commercial made by a national government

https://ift.tt/3yrT1UJ Submitted August 31, 2021 at 02:55AM by diarpiiiii https://ift.tt/3mN6jcs

JPMorgan Chase Terminates Account of General Michael Flynn Over His Political Views

https://ift.tt/3gKRG5t Submitted August 30, 2021 at 08:52PM by bitsteiner https://ift.tt/3mFAvGi

My new Avalon 1166 pro 78ths delivered in India

https://ift.tt/3mQO6uB Submitted August 30, 2021 at 09:48PM by PoisonousGame https://ift.tt/3BgU4J4

My Masters level Finance professor used the tulip mania FUD

This happened last semester during a Zoom class. By the end of the semester we started to have more fun in class and make jokes about GME and crypto, but on a serious note my professor told everyone in class to look up tulip mania if they are thinking about buying bitcoin. 3-4 years ago during the first 10,000 break people were throwing this around left and right and I even have comment history from that time arguing with people about it lol. It's just amazing to me that well established, highly successful people in the world of Academia and finance could be this astonishingly misinformed. Just sharing to let you know how early we still are. Submitted August 30, 2021 at 08:59PM by Orfgorf https://ift.tt/3yAgFi8

Death pro tip : before dying, if you have no heir or nothing to give them, go full debt and buy btc

Then you can donate to the charity of your choice...or just delete the seed and give a donation to all holders by reducing the total supply available. It's worth doing something good before dying, no ? What are your thoughts on this ? Submitted August 30, 2021 at 08:02PM by jojothehodler https://ift.tt/3DyNOhU

Payment providers suck, so I launched my site with Bitcoin and Lightning payment only

Long story short, payment providers do not want anything to do with (sex) dating sites. No matter who you are or what your intentions are unless you are willing to pay ridiculous fees. So last week, I launched my free dating website echtgratisdaten.nl (Dutch only for now) with the option to pay for extras with Bitcoin and Lightning payment only. To me (Bitcoin user and enthousiast for years) it still feels like an extra hurdle for people to make a payment but I'm convinced this will become less and less of a problem in the future. What are your thoughts on this? How long before anyone is able to pay for stuff directly with Bitcoin without the hassle and intervening of the current banking system? Submitted August 30, 2021 at 11:55AM by HurtAndBernie https://ift.tt/3zsLExv

Cuba’s government said Thursday in its Official Gazette that it would recognize and regulate cryptocurrencies for payments in the island nation. The country’s central bank said Friday it is drafting legislation to regulate cryptocurrency in commercial transactions and to issue licenses for provider

https://fortune.com/2021/08/27/cuba-will-recognize-and-regulate-cryptocurrency/ Submitted August 30, 2021 at 05:46PM by dreamingexplorer https://ift.tt/3sYFJ0L

Bitcoin does not need wars and blood, it needs consensus and energy, creating the most peaceful monetary solution the world has

https://ift.tt/3kEDUlW Submitted August 30, 2021 at 03:47PM by AlonShvarts https://ift.tt/3junBIY

Read this beautiful article about El Salvador, and how things are changing in the country. 👏🇸🇻

https://ift.tt/2WzMEkS Submitted August 30, 2021 at 09:49AM by mjbuels1301 https://ift.tt/2WBiCgU

New jersey just arrived 😍

https://ift.tt/3kAxZyl Submitted August 30, 2021 at 01:34PM by brenwoo https://ift.tt/3gLR8wi

Michael Saylor's Definitive Case for Bitcoin

https://www.youtube.com/watch?v=oFJym2CKMQ8 Submitted August 30, 2021 at 07:23AM by Bsabres6288 https://ift.tt/38kKf0l

About a decade ago you were able to claim 5 BTC from a website for free, that's now worth 240k USD

https://ift.tt/38pRHHy Submitted August 30, 2021 at 11:46AM by nullama https://ift.tt/3BtLvLb

I made a bet earlier this year...

If Bitcoin does not reach $69,420 this year, I will eat a Carolina Reaper January 1st 2022. And I stand by it. I'm confident as ever. We are gonna make it. And if not? Look forward to my regrets. Since some of you asked on the original post, here's some rules: Price must reach or exceed $69,420 in USD specifically Deadline is midnight, night of December 31st PDT (in case it happens last minute) HODL My ass is clenched in excitement, Cheers yall! Original Post Submitted August 30, 2021 at 01:12PM by Mogli_Puff https://ift.tt/3gHWcSa

BlockFi new rates

Is it even worth staking Bitcoin with the new rates BlockFi have introduced? I always seen it as a great way to increase my Bitcoin but now having doubts and thinking of taking it out Tier 1 0 - 0.1 BTC 4.5% Tier 2. 0.1- 0.35 BTC 1% Tier3 Over 0.35 BTC. 0.1 % Interested in thoughts Submitted August 29, 2021 at 05:03PM by Flaky-Tip-5858 https://ift.tt/3sUYeTX

Do you think this is the last four year cycle?

WillyWoo has been saying for awhile now that he believes that "four year cycles" are over, and that the price of bitcoin from this point forward will not correlate with the halving. He also believes that Bitcoin may have a 10x left in it, but after that it will just "stumble around like a drunken man walking" for the end of time. I think you can already see it happening now. The "halving pump" has been getting smaller each subsequent halving, right now we are only about 140% higher than the 2017 high. If you bought Bitcoin and Nasdaq on the December 2017 top and held until now, you would roughly have made the same amount of money. Submitted August 29, 2021 at 04:14PM by ShotBot https://ift.tt/3Bnf4xW

Bitcoin/Lightning conference in El Salvador announced for this November

https://ift.tt/3mHi8k6 Submitted August 30, 2021 at 01:01AM by pretyflaco https://ift.tt/3Blpqya

Millennials grown alongside internet revolution prefers Bitcoin over Gold

https://ift.tt/38nf1FN Submitted August 29, 2021 at 11:13PM by rollingincrypto https://ift.tt/2WB98Cr

Is Hal Finney Satoshi Nakamoto? Evidence thusfar:

Note : NSA and other very talented investigators/engineers have concluded that Satoshi Nakamoto hid his tracks too well. The only remaining way to know who created Bitcoin is stylometry (using writing style to compare two like-minded entities in hopes of discovering a better version of a person's fingerprint). OpenPGP has online documentation, found from Google Scholar, that was authored by PGP's old lead developer Hal Finney. If you find any paragraph in the article or in Bitcoin's original whitepaper, you notice two things in common that are 100% stylistic choices: Both have a double-space after every sentence. Both are written, according to AI, the same exact way. All of it, everything, is written in the same tone, sentence structure, etc. This was determined using I Write Like. This site uses statistical analysis to say who you write most like. If you paste Hal's sentences or Satoshi's sentences, both times, you'll receive the same person: H. P. Love

China cracked down on Bitcoin 30 times in the past. There should be zero bitcoin activity left by now...

https://ift.tt/2YF1l5t Submitted August 29, 2021 at 01:23PM by Bitcoin_is_plan_A https://ift.tt/3DvfELC

Cuba government issues resolution authorizing the use of cryptocurrencies in the country

https://ift.tt/38mAChz Submitted August 29, 2021 at 03:59PM by thefoodboylover https://ift.tt/3Dvu5PO

Looking for Bitcoiners in Berlin (Germany) to start a Bitcoin info booth

Hi there, I was wondering if some advanced Bitcoiners from Berlin are interested in starting a info booth at a crowded place (for example Alexanderplatz on a saturday). We could offer free sats for anyone who is interested and assist people in downloading and using muun, phoenix, etc. I could also bring my full node and we could explain some basics about the lightning / bitcoin network and end the FUD around energy consumption and shitcoins. I'm pretty sure that free sats will be provided by the major exchanges or wallet developers. I can also provide free WiFi. Please drop me a DM if you are interested! Submitted August 29, 2021 at 07:52PM by Freefall101 https://ift.tt/2WAWfb9

Hidden in the Block Reward

Ran an analysis of BTC for a model I am building and noticed a coincidence hidden right in front of us. The size of the Block Reward (at time of writing is 6.25 BTC / block) is representative of the % of total Bitcoin to ever be mined on that cycle. Cycle 1 = 50 BTC / block, will be 50% of all BTC mined. Cycle 2 = 25 BTC / block, will be 25% of all BTC mined. Cycle 3 = 12.5 BTC/ block, will be 12.5% of all BTC mined. Cycle 4 = 6.25 BTC / block, will be 6.25% of all BTC mined. Can't believe I didn't see it before, makes total sense now after the product of Blocks per Cycle (210,000 ) by the reward per block when compared to terminal BTC (21,000,000). I love math. I'm sure many of you were already aware but for those who weren't wanted to share it. https://preview.redd.it/7bvvsbdgvak71.png?width=1035&format=png&auto=webp&s=ef9d05ee0a9305fdbf59ec14cf0c193433cffcac Submitted August 29, 2021 at 06:40PM by jleyteja https://ift.tt/3kDQMZP

Dad passed away when I was 17 (30 now) and I received his wallet. Had 3$ in it, never spent it. Today I decided to purchase 3$ of Bitcoin. It won’t make me rich, but my dad will always be part of my Bitcoin journey. Thank you Dad, for everything.

https://ift.tt/3jq9ZyA Submitted August 29, 2021 at 11:05PM by AmericanFury1990 https://ift.tt/3gHDvhF

Go to Google and ask what is the currency of Cuba.

https://ift.tt/3zsQDOO Submitted August 29, 2021 at 12:57AM by Amber_Sam https://ift.tt/3mIzZY2

18,800,000 btc mined

This is more than 89.5% of the total amount of btc that will ever be in circulation. Bitcoin is becoming more scarce as the time passes. Nowadays, we have only 2,200,000 bitcoins to be mined. It is the first time in human history that we have something so scarce and with this scarcity being measurable and guaranteed mathematically. Submitted August 29, 2021 at 02:19AM by Texugo_do_mel https://ift.tt/2WvHsyL

In math we trust

https://ift.tt/3gIqnbP Submitted August 29, 2021 at 06:36PM by Lobsterino12 https://ift.tt/3DrdSeG

Square Plans to Build a Decentralized Bitcoin Exchange, Says Jack Dorsey

https://ift.tt/3yilDje Submitted August 29, 2021 at 11:22AM by rollingincrypto https://ift.tt/3sWQSPL

Bitcoin returns to $48,000 after FED president speech: no rush to raise interest rates

https://ift.tt/3zq6f5N Submitted August 29, 2021 at 03:31AM by thefoodboylover https://ift.tt/3gEBEda

There it is, right there.

https://ift.tt/3jnxuIu Submitted August 29, 2021 at 05:50PM by benperrin117 https://ift.tt/3mNKSYN

Major hotel in Swiss Alps now allows crypto payments - 0.03 BTC per night.

https://ift.tt/38mJ1RW Submitted August 29, 2021 at 01:35PM by C4-PO https://ift.tt/3sVnMjO

All The Gold In Fort Knox Will Not Buy You More Than 1% Of Total Bitcoin Supply

https://ift.tt/3ysyjE6 Submitted August 29, 2021 at 11:09AM by mpow https://ift.tt/2Y7J3vp

Companies with the most bitcoin on their balance sheets

​ Companies with the most bitcoin on their balance sheets Submitted August 28, 2021 at 09:15PM by U6ornp https://ift.tt/3kODc5Z

Gold mining is the largest source of CHILD LABOR worldwide. The system Bitcoin threatens is more evil than I thought

I was reading some articles today and went down a bit of a rabbit hole that has made me more passionate about crypto than ever before. Ever since I was young I've heard stories of child labor in places like China for toy/clothing companies; but I was shocked to hear that the mining industry is the largest source of child labor in the world; approx. 1 million children in 22 countries worldwide work in gold mines and somehow I've never heard about it once in my life. Its also one of the most dangerous industries that still “employs” children, most are small scale operations with little to no regulations, and quite frankly, they don't give a shit about them. These children are exposed to toxic gases/dust and are at risk of tunnels collapsing on top of them, explosions, etc. Many end up severely injured or dead . All for some awesome shiny bricks. I'll leave it at that for the details of what goes on in the mining industry, but I encourage you all to read about it as well.

Another SIM Swap Disaster

I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts. Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin. While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every f

What’s your Bitcoin endgame?

We all say we’re hodling forever. So what’s your ultimate plan? Do you hodl till $1mil then start spending it? Take loans out against your coins? I’m just curious because I don’t really have a plan, I’m just stacking for next 5 years or whatever. I’m running a BTC and LN node and I have a decent amount in LN channels, but even then I don’t want to spend anything right now. Edit: ok, this exploded. Thanks for the info! Submitted August 28, 2021 at 10:05PM by One_2_Three https://ift.tt/38ia01g

Bitcoin 4 Year Cycle — exponential highs, correction, accumulation and recovery.

https://ift.tt/3ytCzTU Submitted August 28, 2021 at 07:32PM by cryptoparody https://ift.tt/3gFkFaX

Chinese government says Bitcoin "has no value" as it begins newest phase of its anti-crypto crackdown. All foreign crypto exchanges, websites, and corporate pages are now blocked across China's Internet.

https://www.msn.com/en-us/money/other/bitcoin-has-no-value-people-banks-of-china-official-announces-further-crackdown/ar-AANOYqC?ocid=wispr&li=BBnbfcL Submitted August 29, 2021 at 12:47AM by Extremely-Bad-Idea https://ift.tt/2WzCJvF

Another SIM Swap Disaster

I felt like I needed to reach out and say that if you don't remember if your phone is linked to your email, then you should check now! Also, 2FA SMS is not a good way to secure your accounts. Yesterday I noticed my phone would not make calls or receive texts. I got on chat with my carrier Straight Talk and they could not sort it out so after two hours, I ended the chat and started a new one. The new tech told me that my number had been assigned to a new SIM around midnight the night before. The hacker didn't even use my name, but were able to answer some security questions so they accepted it. I will have to wait to see the transcripts before I know if they had the pin. While on the chat I had noticed my emails were also not coming in on my phone, password was reset, so I proceeded to verify my identity and regain access to my email. In the old mail folder I found a nightmare that I have heard about before, password reset emails for crypto apps. So I sent messages to every f

Cubas Wikipedia now mention that Bitcoin is an official currency

https://ift.tt/3jomLNZ Submitted August 28, 2021 at 05:11PM by Stromen https://ift.tt/3Bm6C1G

Morgan Stanley raises its bet on Bitcoin: buys more than a million shares of Grayscale

https://ift.tt/3Bk9rAA Submitted August 28, 2021 at 03:00AM by thefoodboylover https://ift.tt/3BhLdH1

Remember The day the price of 1 Bitcoin surpassed that of 1oz of Gold??

I vaguely remember I was very early on in my bitcoin education and had yet to invest. I believe btc was around $500 and gold was about $1,200 Oz. Then one day in 2017 (I think) I was at work and checked the price of both and for the 1st time in history the price of btc surpassed that of gold on 1:1 basis. Does anybody know the exact day this occurred?? Do you recall Any interesting thoughts, conversations, instances you’d like to share about the day “digital” gold surpassed the price of “physical” gold?? Submitted August 27, 2021 at 10:25PM by TDtoneLoc https://ift.tt/3mFtjdk

Rise of cryptocurrencies can be traced to Nixon abandoning gold in 1971

https://ift.tt/3AKlqqQ Submitted August 28, 2021 at 03:49PM by inbreeding_ban https://ift.tt/2WuAU3o

'No one has money.' Under Taliban rule, Afghanistan's banking system is imploding

https://ift.tt/3gGCvtU Submitted August 28, 2021 at 04:53AM by chobinhood https://ift.tt/3zoe1x1

Is Bitcoin is the first geopolitically self-sovereign asset on earth?

Realestate is tied to the country it is located in. Stocks and securities are tied to the country their exchange is located in. Bonds are tied to the issuing government of the country that issues them. Gold is tied to the country where the vault you store it in is located. Cash is tied to the monetary policy of the country that issued it. There is no other asset on earth that exists completely outside the control of all countries governments while simultaneously being able to be stored in multiple jurisdictions all over the world at once and is able to be moved instantly all over the world in seconds. This makes bitcoin arguably the best form of property on earth inherently upholding the strongest form of property rights while being the one asset with the least geopolitical risk on earth. If thats not the worlds supreme safe haven asset I don't know what is. Submitted August 28, 2021 at 03:11AM by slvbtc https://ift.tt/3BfVGCT

Getting taxed after selling assets that “appreciated” in value but due to inflation leave you with less buying power.

This is a hypothetical for any asset — a house, crypto, gold, art, etc. Say you buy an asset for $100 years many ago. Today, it is “worth” $150, and you sell it. You get taxed on the $50 capital gain. However, let’s say that due to inflation, that total $150 you got for selling the asset actually has only HALF the buying power of the original $100 investment you made, so, the asset did not keep up with inflation. You’ve lost buying power, AND you have to pay taxes on the capital “gains” leaving you quite worse off. I know this is just the way it works, but wanted to share the thought. Submitted August 27, 2021 at 08:46PM by Peacewise https://ift.tt/3mEO350

The First Bitcoin ATM Designed and Built in El Salvador

https://ift.tt/3ztOjr6 Submitted August 27, 2021 at 04:53PM by DaVibes https://ift.tt/38fPdeC

Cuba's central bank now recognizes cryptocurrencies such as bitcoin

https://ift.tt/3DoLRo8 Submitted August 28, 2021 at 01:36AM by Major_Bandicoot_3239 https://ift.tt/3zoeRK1

Jack Dorsey CEO of Twitter and Square is Building a Decentralized Bitcoin Exchange.

Non-custodian Bitcoin wallet anywhere in the world through a platform to build on- and off-ramps into Bitcoin. https://blockworks.co/jack-dorsey-tbd-will-be-open-platform-for-decentralized-bitcoin-exchanges/ Submitted August 28, 2021 at 01:42AM by maniparusu https://ift.tt/3BjHAjP

Bitcoin Can Fix Global Wealth Inequality — The Experiment Will Begin in a Few Days in El Salvador. Success in El Salvador would trigger an unprecedented wave of Bitcoin adoption among developing countries.

https://ift.tt/3BgQNt3 Submitted August 27, 2021 at 09:42PM by sylsau https://ift.tt/2XS94hZ

Thomas Jefferson: I believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

https://ift.tt/3ylULyY Submitted August 28, 2021 at 12:45AM by xboox https://ift.tt/38iZS8j

NEVER SELL

Over the last 6 months, I have begun acquiring long-term rental real estate at a pretty fast rate. After a seller accepted a recent offer of mine, I naturally took the contract to the bank. After reviewing my personal financial statement and given my largely new real estate portfolio value relative to my equity position, the bank required a much larger down payment to finance this property than past loans. The loan officer commented that I had more than enough liquid assets to make this down payment if I would sell some of my Bitcoin. Rather than sell Bitcoin to fund this downpayment for cashflowing real estate, I exercised the financing contingency in the sales contract and backed out of the deal due to inability to obtain financing. I tell you all this because I believe that the Bitcoin position in my portfolio is far more valuable than anything else I could reasonably buy. The thought of selling even a single sat to purchase anything else just seems foolish. Keep stacking! S

Cuba to authorise and regulate the use of cryptos for payments

https://ift.tt/3BjFaSc Submitted August 27, 2021 at 06:10PM by mancinedinburgh https://ift.tt/3zmHWWg

How I met your BTC

I just wanna share my story to inspire and not to brag also sorry for my English if it's not that fluent. Warning long story ahead I’m a high school drop out, I’m one of those people who had difficulties in studying. After dropping out of school I became a pet sitter during my spare time in the morning , afternoon I take time to take care and be with my little sisters and at nights I worked at a pizza place, for years working overtime to save up and provide for my needs and give something to my family, One day our mom left us because we got nothing else anymore. I swore to myself that I’ll do anything in my strength to help my dad provide for us. 4 years ago same day today, I had a conversation with a colleague about bitcoin, at first I couldn’t understand anything but I knew I was interested so during our lunch break I bug her off so we can talk about bitcoin and things about it and how much it can do more in the future and as days passed by I was really hook into it and decide

How much does the average person have invested in Bitcoin?

I read that appx 11% of the US population is invested but is the average amount $50 or $5000? Submitted August 27, 2021 at 03:08PM by Chupacabra2030 https://ift.tt/2WnAsnW

TIL: The Top Post of All Time on r/Poor is about Dollar Cost Averaging into ₿Itcoin

https://ift.tt/3iYj8hv Submitted August 27, 2021 at 06:52AM by Bitcoinairr https://ift.tt/3gy3zLW

If the FED can print money like they do, what makes you sure that they aren't printing to buy bitcoin too? Until the added inflation would be made public, they could accumulate thousands of bitcoin, no?

After all, the dollar has such a high supply, printing a billion here and there to buy bitcoin won't be that much noticed (except maybe in the btc price) by the general public. Submitted August 27, 2021 at 11:17AM by TrudleR https://ift.tt/3kqImVv

Stop worrying about other people, worry about yourself

You can buy bitcoin, you can short it, you can do whatever. Here's what I've learned at 38: Time if flying much faster than you think. Think back 10 years. Remember where you were? I do, I was going through a really shitty breakup and hating my life. I was making decent money. My roommate was falling asleep with cigarettes on the couch. Think back 20 years. What were you doing? I was just graduating high school. Now, think 10 years forward. I will possibly....well, that's for me to know. 20 years-I should be playing the role of mentor, and I hopefully have my own business by then. I should be married as well. I say this to help give the perspective of time. Do you check the price chart 5x a day? No biggie--lots of people do. They also do that when they trade stocks. I encourage you to zoom out and to not fall in love with bitcoin, but to see what role it will play in your life. I've made my choice. I can't work forever at what I do, so I moved home, reduced e

Should I buy bitcoin just to keep it and maybe sell it in 10 years time?

How do I go about buying it and storing it? I have no plans to invest or gamble with it, I just want a passive income that I can sell in a few years time. What would you do if you were me? How much would you buy? Submitted August 27, 2021 at 05:27AM by GiovaneKillerAutist https://ift.tt/3zn7FOs

Liquid Cooled - My Latest Mining Center Opening for Business Soon

https://ift.tt/2WxdgDq Submitted August 27, 2021 at 05:58AM by hedgecoins https://ift.tt/3ks1hiG

Spectacle of politicians regulating cryptocurrencies might be entertaining, if it wasn't so sad

https://ift.tt/2UPwCTG Submitted August 26, 2021 at 07:25PM by Tarquinius_Superbus https://ift.tt/3mEMFPB

I made some Rasberry Pi Zero Bitcoin price charts and I'm auctioning two off for the Bitcoin Smiles fundraising campaign.

https://ift.tt/2WuqX5H Submitted August 27, 2021 at 05:04AM by quinsolo https://ift.tt/3zsAg56

Every DCA day is a fight day with my bank.

The method I used last month almost always gets blocked the following month. Those bastards are still going at it. Every month I have to explore cryptoland for an exchange the bank did not put on a list. Luckily, they still haven't figured out that I can deposit funds using a credit card via FTX. Let's hope it stays that way for a while. I'm putting P2P as last resort anyways. Keep fighting for the future of finance. Submitted August 26, 2021 at 10:08PM by Leader92 https://ift.tt/2WqzpDq

Fidelity Bitcoin Analysis

https://ift.tt/3mxSIFL Submitted August 27, 2021 at 12:22AM by Boosazle https://ift.tt/3mBTOjO

As the price of Bitcoin surges, so does the number of Bitcoin ATMs

https://ift.tt/3gumCqk Submitted August 26, 2021 at 07:00AM by TheLuckyLeandro https://ift.tt/3sLQvaC

Daily Discussion, August 26, 2021

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 you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 26, 2021 at 10:01AM by rBitcoinMod https://ift.tt/3yjjKmj

I spent way too much time on this website, Bitcoin or stupid shit. It tells you how much we would have if we purchased BTC instead of the stupid stuff. Iphone5 was $749 on 9/20/13. Instead that person could buy 5.85 btc, worth $273,725 today.

https://ift.tt/3rRoFrI Submitted August 26, 2021 at 09:03PM by Teh_ogre https://ift.tt/3zp05my

So, the EU is going to do battle with some of the brightest mathematicians and computer scientists on the planet...?

OK... That should work out well for them. /s They can try to pass their laws to retain monetary control. It's already too late. Submitted August 26, 2021 at 05:56PM by nakasatamooshito https://ift.tt/3jpkzGh

United States: 11% Of Americans Have Invested In Cryptocurrencies According To A Survey

https://ift.tt/3mBqY34 Submitted August 26, 2021 at 04:45PM by AmerBekic https://ift.tt/3gz4oEr

Demonstration of K1. The first Lightning Network compatible Bitcoin ATM designed and built in El Salvador

https://youtu.be/Np3aS_tZAVI Submitted August 26, 2021 at 05:21PM by Savik519 https://ift.tt/3jfiQ6a

Good bye Bitcoin dream...life savings gone for good

I completely messed up guys, my life savings are gone for good, I have learned a devastating hard lesson. That's my story: I strongly believe in Bitcoin becoming the world biggest store of value, it's not an IF anymore, is just a matter of WHEN. During the last years me and my wife have put in Bitcoins everything we had and slowly managed to reach 1.7 BTC, our entire life savings, 10 years of grinding and accepting odd jobs trying to save every dollar possible and buying every BTC amount we could. When BTC started recently raising from 30k to 40k I made the biggest mistake ever: trying to earn more than just HODLING (spoiler: it doesn't end well). I started looking at YouTube videos explaining how to leverage, how to earn more, how to trade futures, etc. In matter of hours my YouTube feed was completely flooded by videos of Michael Saylor, one of the world top CEOs betting hard on BTC by doubling and tripling down his BTC holdings and claiming it would easily go to a

The year is 2040

You tell your 18 year old son he should start saving for retirement. Even if he invests 5 dollars worth of Bitcoin a week he will be able to retire comfortably. “But dad Bitcoins price is 10 million a coin! “ you tell your son a single Bitcoin can be split into a quadrillion fractions. He smiles and buys 10$ worth of Bitcoin on Coinbase. You open up the doors to your mansion and get in your Lambo. You were one of the lucky ones who bought Bitcoin under 100,000. Submitted August 26, 2021 at 08:13AM by gford333 https://ift.tt/3mz1Utp

New El Salvador Bitcoin Channel: Aiming to Help Regular Salvadorans Understand Bitcoin

Hi Folks! We're a new channel in El Salvador who exist to educate regular people on how Bitcoin and cryptocurrency works. This is our first video which was made for people in El Salvador who don't understand how Bitcoin works. We call it the "two minute version for Grandma". We will release more videos to report on how Bitcoin adoption is going in El Salvador. Next, we will release a version with English subtitles on Monday. In the mean time - if you are pro-Bitcoin & are interested in 'liking' the video and subscribing - it would help us to reach more people in El Salvador and Latin America . Bitcoin in El Salvador will only work if regular Salvadorans understand Bitcoin and get onboard. Check out the link here: https://www.youtube.com/watch?v=uDkZa6Z-gZg Thank you! Submitted August 26, 2021 at 03:44AM by bitcoinboys_sv https://ift.tt/38kBymp

Think you're not early? Read the "best" comment on this post over in r/technology. "Don't change your business model, change how people pay for services." It's incredible how not one person mentioned Bitcoin and how this wouldn't have been a problem with it.

https://ift.tt/3yk0Qfb Submitted August 25, 2021 at 10:06PM by ToTYly_AUSem https://ift.tt/3BaQsIr

Gary Gensler the Chairman of the SEC recalls how his dad always carried Gold coins, diamonds and a gun because he didn’t trust the government.

https://ift.tt/2WrJOyB Submitted August 26, 2021 at 08:13AM by jordanpeterson9 https://ift.tt/2Wn6f7V

Companies Now Hold Over 1.6 Million Bitcoin, Almost 8% Of Total Supply

https://ift.tt/3myNrxu Submitted August 26, 2021 at 01:22AM by Bitcoin_Magazine https://ift.tt/3zhNmBZ

21 million members

I often refresh this sub to see how many new members have been added. I like to see us inch closer to 21 million. I remember when it was just 1 million. To the future 🥂 Submitted August 25, 2021 at 10:57PM by LimeyBastard77 https://ift.tt/3yeCWBH

Thought about something today. Just did a 15 year refi on our home. We were thinking about putting the savings back into the mortgage to get the house paid off quicker, but what if I put that savings into BTC every month for the next 10 to 15 years. Does this seem crazy

No text found Submitted August 26, 2021 at 12:17AM by Dausfam4 https://ift.tt/3jeBP0I

Things Bitcoin will never fix. Your golf game...

​ https://preview.redd.it/zeak7qpnnjj71.png?width=1200&format=png&auto=webp&s=bddae0a798c3febc1316a4d7ca01a3e29ba53a03 Submitted August 25, 2021 at 11:06PM by WiseOrigin https://ift.tt/3BdM3o4

I have been with Coinbase for nearly 8 years. Recently, Coinbase decided to "review" my account for the 100th time, without cause or explanation. They have restricted me from trading for 3 months during a volatile bullmarket. Coinbase is now CENSORING my posts. More info in comments.

Copy-pasted from my recent /r/Coinbase submission, which was deliberately removed (censored) by /u/coinbasesupport . Screenshot of Coinbase's censorship The original content: --- I am posting this to warn other long-time and fully verified Coinbase customers. You should know your loyalty means nothing to Coinbase. I have been with Coinbase almost from the start of their exchange, but Coinbase is treating me like I just arrived. My account has been fully verified and fully KYC-compliant from the beginning, but Coinbase just blocked me from trading and funding my account for no reason at all. Approximately four weeks, I created several threads on Reddit about a notice I received from Coinbase. The notice stated an upcoming (yet unexplained) account review during which I won't be able to trade or fund my account. Withdrawals wouldn't be affected. Naturally, I have withdrawn everything from Coinbase. On Reddit, /u/coinbasesupport publicly promised to expedite my case a

Three Months After the China Ban, Bitcoin Shines Brightly While Being Rid of Its Biggest Handicap. China will regret its decision in the future.

https://ift.tt/38dy7hx Submitted August 26, 2021 at 12:09AM by sylsau https://ift.tt/3yhzJ4q

The Bitcoin FOMO In El Salvador Is Real

https://www.youtube.com/watch?v=YyM68nIlXow Submitted August 25, 2021 at 09:11AM by simplelifestyle https://ift.tt/3sXoL3b

Daily Discussion, August 25, 2021

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 you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 25, 2021 at 10:01AM by rBitcoinMod https://ift.tt/2XUgOAe

I've done more Lightning payments in one week than I have done on chain in years.

Lightning Network works and its insanely fast and cheap. Submitted August 25, 2021 at 11:54AM by ANAL-Inverter-2000 https://ift.tt/3jeVDkB

El Salvador builds Bitcoin infrastructure ahead of full-scale adoption

https://ift.tt/3sS6zaX Submitted August 25, 2021 at 11:16AM by canman44999 https://ift.tt/3ydvOW7

Afghans are turning to Bitcoin amid political turmoil

https://youtube.com/watch?v=vWRl9DeArOY&feature=share Submitted August 25, 2021 at 12:30PM by Emotional-Ad-3475 https://ift.tt/3gtzXPG

“EU will make Bitcoin traceable and ban anonymous crypto wallets in anti-money laundering drive”

https://ift.tt/2V4Pwp7 Submitted August 25, 2021 at 05:21PM by vectrox https://ift.tt/3zgRfa5

MicroStrategy buys almost 4,000 BTCs and reaches $5.2 billion accumulated in Bitcoin

https://ift.tt/2WjuIuP Submitted August 25, 2021 at 03:00AM by thefoodboylover https://ift.tt/3kmtmb1

Doing my part as a small business owner to spread adoption! Now proudly accepting crypto as payment!!!

I’m an online personal trainer & nutrition coach & I’m proud to say that I now accept crypto through coinbase commerce Thanks Redditers (especially u/cowgrl1 ) for showing me the possibilities, really excited to start getting paid in crypto! Any cryptonauts interested in improving their health & fitness can reach me on Instagram @mcraesc or at www.mcraesc.com Thanks again for everything crypto community, I love all y’all! Submitted August 25, 2021 at 12:09AM by Eastern_Background26 https://ift.tt/3B8Wl9c

CNBC reports that many Afghans are using Bitcon and other crypto to earn , store, and transport money during their national crisis

https://www.cnbc.com/video/2021/08/24/afghans-turn-to-crypto-market-for-stability-during-taliban-takeover.html Submitted August 25, 2021 at 09:44AM by Extremely-Bad-Idea https://ift.tt/3jgNXOw

Beware of SIM swap hacks! My story

I would like to remind everyone to check with their phone carriers on what is required to swap your number to another SIM card and to make sure your phone provider account has a very strong password. I was recently SIM swapped via Straight Talk. Straight Talk only required my name, phone number, and the last four digits of my SIM card's serial number (which was easily accessible to the hacker due to already being in my account) in order to move forward with a SIM swap. I was then notified via my Yahoo account of someone accessing my email using 2FA and they sent a text message to my phone to authenticate with. I found it odd because I never received a text message. I figured maybe it was a scammer trying to get me to change my password. The next morning I realized I had no phone service and spent over 8 hours with Straight Talk support. One of the representatives noticed the SIM card serial number was different than the one I had. I swapped my SIM card back and had service again

Christmas in August! I just found an extra $5,797 USD ! Back in 2016 I bought about $105 of Bitcoin back when Bitcoin was $675.17 USD. I thought I had spent it all but I guess I didn't. Got an email from Coinbase today and decided to check the account and almost sh*t my pants!

No text found Submitted August 25, 2021 at 11:58AM by kevininkobe https://ift.tt/2WfQO1R

In 10 years…

Your $1 will be worth around 85c Your now awesome GPU will be struggling to run the latest games on medium settings Your cool new shoes will be worn and out of fashion Your smart watch will be dumb and featureless compared to the latest models Your #1 stock pick will have been overtaken by unforeseen competition In the modern world everything is fleeting, constantly replaced and renewed, devalued. In 10 years there will still only be 21,000,000 bitcoins available. Bitcoin is the only digital shelter against entropy. Tldr: Bitcoin is deflationary (sort of). Edit: I understand a lot of items in the list are not assets. However, by saving in Bitcoin you’re not constantly forced to invest and diversify as to not lose wealth - you simply save in BTC. Submitted August 25, 2021 at 03:52AM by cryptoLyfFtw https://ift.tt/3kfiXha

This is how the Chivo wallet app will work

Hi everyone, My name is Guillermo, just a Salvadoran guy that wants to give out information about the Chivo wallet app in case you didn't know. As you know Bitcoin will become legal tender in El Salvador, the law passed Congress and will go into effect on September 7. The government of El Salvador has created the Chivo wallet app, this is how it's supposed to work, let me know what you think. Implementation: The government will give to every Salvadoran the equivalent of $30 in BTC, all you need to do is open an account using the Chivo wallet. Yes, it will ask for you government issued ID, facial recognition, etc. You will have 2 different balances: USD balance and BTC balance, in the same app. You will see your BTC balance fluctuate as the price of BTC goes up or down. Your USD balance will NOT change. You can transfer money between your 2 balances. Every merchant is mandated to accept BTC if the customer wants to pay in BTC, but since the app has 2 balances, you as a

Learn Lightning Network: 1000 sat LN payments to the first 20 people who post an invoice here.

The Lightning Network (LN) is fucking great. If you have been looking for a reason to try it out, here's a golden opportunity. I will gift 1000 sats to the first 20 people who post a valid LN invoice in response to this thread. If anybody wants to contribute to the cause: bc1qhc69h90kukg48u684xucgua3kvnp6m87ae0q85 Cheers! EDIT 1: If you need a LN enabled wallet, I HIGHLY recommend Phoenix: https://phoenix.acinq.co/ EDIT 2: All done. Thanks everybody. Hoped you learned something! Submitted August 24, 2021 at 10:46PM by Kinolva https://ift.tt/38gAUX3

Hackers continue to steal entire accounts out of Coinbase. Many people had all their crypto stolen, but no answers from law enforcement or Coinbase on how to stop it.

https://www.cnbc.com/2021/08/24/coinbase-slammed-for-terrible-customer-service-after-hackers-drain-user-accounts.html Submitted August 24, 2021 at 07:31PM by Extremely-Bad-Idea https://ift.tt/3ke0aTC

Hacked Accounts are not Coinbase or Bitcoin Fault - Sorry CNBC

After reading many articles and situations on how individual accounts got hacked - Phone Carriers(Especially! T-Mobile) are at fault for allowing SIM Card Swamps. The fact these phone carriers never caught on to these hackers is unbelievable. Two authentication is used by so many companies, not just Coinbase. If your own phone carrier allows a hackers to take over your phone with 5 min call and gain access to any account - The Phone Carrier is at fault. We just recently found out hackers had access to over 101 Million users data at T-Mobile Database. We have no idea how long they have had access to the database. For all we know, they have been using this information to gain access to our personal identification(SSN, Address, Photo ID). You can pray for all the customer service you can imagine but if you can't get to the source of the problem(Phone Carriers) to handle there flawed system, then improving customer service won't mean anything. Source of the problem is phone carr

MicroStrategy Acquires 3,907 Additional Bitcoins with Proceeds from ATM Facility Sales

https://ift.tt/3gsSSKI Submitted August 24, 2021 at 05:32PM by Miladran https://ift.tt/2WfcXgK

Michael Saylor’s MicroStrategy now holds a staggering 109,000 Bitcoin

https://ift.tt/3zge3qv Submitted August 24, 2021 at 07:59PM by EVERWILDOUTDOORS https://ift.tt/3zeQ0Zf

Update-Sold my condo for bitcoin

This is not a bitcoin hype file. 10 things I've learned. Hopefully they can help you. Time is not on your side. As you get older, you will see friends deny this. I'm 38. Get a plan. As fast as possible. If not, you wake up 50, in a small apartment, and say where did life go. If you are 50 in this situation, let's go and turn things around. You have more opportunities than you can imagine. It is your choice on whether you want to pursue them. Don't use money you need to pay bills on investments and don't used borrowed funds. These create very stressful situations. If you want to go for it, go for it. But actually go for it. Live like a poor person if you're the salesperson of the month. Embrace the pain. Put off rewards for 2 years. Most of our wages will go down over the next 5 years. Jobs are being replaced by computers at a massive clip...so your wages will go down in real value. Most ngmi-I've realized most people go with the flow. They get on the

El Salvador Adopts Bitcoin As Official Currency, Will Take Effect On 7 Sept 2021

https://ift.tt/2WdeWCg Submitted August 24, 2021 at 02:56PM by DaVibes https://ift.tt/3gr0nlc

I like to make soap.

https://ift.tt/3yf0Pcv Submitted August 24, 2021 at 06:10PM by JadeAug https://ift.tt/3ybKogX

This is 1 out of 144 hashing chips contained in an Antminer S17. You would need a few dozen top line GPUs like the RTX3090 to match the performance of this single chip.

https://ift.tt/3sPDMnp Submitted August 24, 2021 at 04:02PM by Braiins_mining https://ift.tt/3gvyY1x

Help me convince my father to not sell his BTC

Long story short, my father wants to sell his BTC when the price goes back to $65000. He wants to trade it, so he can "buy back lower". I tried to say this is a mistake, that most people that try to time the market usually loses money, but he is not listening lol He doesn't understand the fundamentals very well, he sees BTC just as a very volatile stock. Submitted August 24, 2021 at 06:12AM by DestructorEFX https://ift.tt/3gsnoV0

Africa now has the largest amount of Bitcoin peer-to-peer trading volume in the world—even more than North America. 🌍

https://ift.tt/3ydL8ly Submitted August 24, 2021 at 01:31PM by Bitcoin_is_plan_A https://ift.tt/3jdvouK

The Seven Rules of Bitcoin Investing

I am a long term hodler from 2013. Here is my personal advice for new investors, I hope it will help someone. 1.) Don't invest more than you can afford to lose. Bitcoin may go to $1M and it may go to $1. I give either one about an equal chance at this point. Bitcoin has been good to me but it is very volatile and high risk so invest according to your risk profile. 2.) Keep your coins safe, ideally in a hardware wallet . If you want to use an exchange Coinbase is at least a public company registered with the SEC. 3.) Stay away from shitcoins. 4.) Don't trade bitcoin. No one can make sense of the swings, buy and hold for 5 years and see how much you make. 5.) Don't get too caught up in in the swings. Over the years I have seen my coins go up 1000% and then down 80%. Don't get caught up in the fud or fomo, think long term. 6.) Plan your personal moon. Have an exist strategy to pay off your mortgage, college loans etc. when you hit certain amounts. 7.) Always keep s

El Salvador is installing 200 ATMs to handle crypto adoption, president says

https://ift.tt/3zj57B2 Submitted August 24, 2021 at 08:52AM by s3k2p7s9m8b5 https://ift.tt/3knroY3

Breaking News: Bitcoin went up and then went down and then went up again!

"It is incredible" Tom Button from Lemont, Illinois said out of a crowd of pale basement-raised neckbeards. "First I saw that Bitcoin went up. When I checked next, Bitcoin were going down. I thought that's it. Bitcoin isn't gonna make it this time. And then, boom, Bitcoin went up again!" Tom said as bystanders were clapping. Sarah from Toronto reported that she has just finished stacking stats up 0.1BTC high. "It's awesome to be part of such a movement which will change the world" said the nineteen year old girl. According to the bitcoin reddit, it's never too late to start stacking sats. Also, watch out for scammers and never share your seedphrase. Submitted August 24, 2021 at 08:47AM by B1ggusDckus https://ift.tt/3D8dRMF

El Salvador’s President Insists Bitcoin Use Will Not Be Mandatory

https://ift.tt/3D6XuQt Submitted August 23, 2021 at 09:05PM by angelwriter https://ift.tt/384h8OL

Does coinbase earn really pay you? How much has anyone here gotten for completing all or their learning requests?

I saw an ad that coinbase pays you to learn stuff about crypto Curious to how much I can earn at the most Submitted August 23, 2021 at 11:52PM by DuskInHD https://ift.tt/3gq8kY3

Neuberger Berman has received SEC approval to invest 5% of its Commodities Fund in Bitcoin Futures.

https://ift.tt/3gqyfi1 Submitted August 23, 2021 at 07:12PM by Crypticda https://ift.tt/3sDlg1m

Iran to Lift Ban on Bitcoin Mining Next Month: Reports Earlier this year, Iran was responsible for an estimated 4.5% of Bitcoin mining globally.

https://ift.tt/3Dfiepg Submitted August 24, 2021 at 12:08AM by Professional_Pilot21 https://ift.tt/3sE8UpY

74718782

There are presently only 74,718,782 TX outputs on the bitcoin block chain as of block height 697211 (as of this post's creation). That means that no matter how many adopters there are of bitcoin in the world, there are no more than 74,718,782 who truly hold their own keys. Of course the real number of folks who truly have possession of their own keys is much much lower than that. Especially when considering how many UTXOs you have yourself. Remember, each transition is part of the UTXO and if you have sent bitcoin to the same address more than once then there are many UTXOs per bitcoin address with multiple transitions. I think it's time for the community to wake up and have a renewed push for people to hold their own keys. Otherwise we will continue to be controlled by the legacy financial institutions who rehypothecate and commingle funds as well as manipulation through derivatives, leverage, exchanges front running their customers etc. At the end of the day, they will fa

"The US dollar is one of the strongest currencies of the past 100+ years. Yet it has lost 96% of its purchasing power since 1913."

https://ift.tt/3gKtHn9 Submitted August 23, 2021 at 11:37PM by Bitcoin_Magazine https://ift.tt/3zeknii

'I finally have X amount of Bitcoin' type posts should be banned

It's useless, low quality content. Im sick of seeing them. People can't seem to control themselves from sharing this very mundane fact to complete strangers. I'm happy you are happy, so if you must share this, you should do it in the daily discussion sticky. Submitted August 24, 2021 at 03:39AM by Zyntra https://ift.tt/3msiriE

Bitcoin helped me understand what a store of value is in life

We all work tirelessly and try hard to “succeed” in life and we’re rewarded for it (in fiat) but I never really understood what SOV was. My Bitcoin now shows me that.. Thank you Satoshi Submitted August 23, 2021 at 04:39PM by Individual-Elk-6423 https://ift.tt/2WfxpxE

Finally I got 0.4 Bitcoin!

Thank you all for the support in past few Months. I own 0.38 Bitcoin right now after all this Stressful months. Submitted August 24, 2021 at 12:56AM by pawpex21 https://ift.tt/3klIeq4

As we continue to fight the U.S. Congressional "infrastructure" bill and crypto provision, don't forget there is still also time to stop California's latest anti bitcoin bill, AB 1402 - a rent-seeking monstrosity which tries to force more regulation, permits and taxation on crypto users in the state

https://ift.tt/3DjgiMv Submitted August 23, 2021 at 01:19PM by pcvcolin https://ift.tt/3D6tnbI

Bears In Disbelief: Michael Saylor's Bitcoins Now Worth $5.2 Billion as BTC Returns to $50k

https://ift.tt/3B2WU4g Submitted August 23, 2021 at 10:09PM by wmredditor https://ift.tt/3D53uJr

Finally, PayPal launches U.K. version of its crypto wallet. When introduced in the US last year it kickstarted to $10-20k bull run.

https://ift.tt/2XPsWCz Submitted August 23, 2021 at 01:20PM by samcornwell https://ift.tt/3y7Y4tl

37% of American Investors Would Not Cash out Their Crypto Even in Critical Moments

https://ift.tt/3goePdO Submitted August 23, 2021 at 07:53PM by cctv07 https://ift.tt/2WfKqaA

Daily Discussion, August 23, 2021

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 you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 23, 2021 at 10:04AM by rBitcoinMod https://ift.tt/3y4G8jb

Bitcoin pushed my Net Worth Up

I will not tell the story of my life but a few years ago a tragedy forced me to immigrate to a new country. I sold all my belongings, including my apartment, and went all-in in the only asset I was sure I could carry everywhere without anyone bothering me about it. Now I am living in a developped country but work a low-end job. I passed through the last bear market 70% down. I did not sell any bitcoin. I tightened my belt and bought a little bit more. Since this year's price increase I looked up how my Net Worth compares. The wikipedia article lead me to this report . I found out that my Net Worth puts me at least in the top 25% of my country, top 10% for my age group. It makes me emotional: All my life I've been punished for working hard and rewarded for keeping low profile. I've been the family's scapegoat, a broke student, stuck in a souless corporate job, and a struggling immigrant. It's the first time in my life I have actual wealth that belongs to me and

I now own 0.01 of a Bitcoin can’t wait to hit 0.10 !

Will continue DCA’ing until then just needed to share Submitted August 23, 2021 at 09:55AM by SeshWyzrd https://ift.tt/3y6sBHX

PayPal to allow crypto purchases outside of the US

https://twitter.com/CoinDesk/status/1429580159108136961?s=20 Submitted August 23, 2021 at 04:58AM by SirSkittles111 https://ift.tt/3mq2byS

If Onlyfans decides to adopt Bitcoin we may see BTC price skyrocket. This may be the impetus that normies need to see the value of crypto, and what makes it widespread adopted!

No text found Submitted August 23, 2021 at 07:52AM by paywallpiker https://ift.tt/3j9S9Qe

Bitcoin tops $50,000 for first time since early May

https://ift.tt/3jaWbbf Submitted August 23, 2021 at 08:01AM by DrioMarqui https://ift.tt/3goNSqx

PayPal to allow UK users to buy, sell and hold crypto

https://ift.tt/382MXHF Submitted August 23, 2021 at 06:14AM by Bozzooo https://ift.tt/3kcVIVi

Brother passed away and left bitcoin. I need help.

I apologize if I posted this against any rules within the guidelines. My brother passed away back in May and he left Bitcoin. He didn’t leave any written will regarding who gets his coin. We have access to his coin. But my mom and I don’t know what to do. We don’t know if we are going to get taxed, fined, Bitcoin taken away, etc. What would be the proper steps to take out Bitcoin or secure it within my immediate family. Submitted August 23, 2021 at 01:42AM by ScarlightDemon https://ift.tt/383ONb5

50k $

We just reached 50k$ ! May the FOMO begin ! Submitted August 23, 2021 at 07:43AM by Brilliant_Singer_555 https://ift.tt/3j6QElO

I'm worried that in 5 years my btc in binance I will not withdraw. What happen if btc goes 200.000$ but binance crash or disapears. How you find secure with binance.

Plozz Submitted August 22, 2021 at 01:27PM by Additional-Post-4065 https://ift.tt/3j9qUp7

I overhauled my low-cost attempt at a price display! (Prev version int the comments)

https://ift.tt/3sAN5rn Submitted August 22, 2021 at 12:37PM by TrudleR https://ift.tt/3y7mIdy

Daily Discussion, August 22, 2021

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 you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. Submitted August 22, 2021 at 10:05AM by rBitcoinMod https://ift.tt/3j6HNRh

Everyone should be running coinjoins!

The other day someone argued with me that people should not coinjoin, since that mixes their coins up with crime money. This is inherently wrong. Coinjoins are the only way to ensure that people you trade with don't get told about the size of your stack. Or at least the size of that particular UTXO. Without a coinjoin an employer that pays is btc will be able to see who you pay money to. If everyone coinjoins then they will become completely normal privacy behaviour! Submitted August 22, 2021 at 04:32PM by DonOregano https://ift.tt/38iJ95j

There will be no successor to Bitcoin like there will be no successor to Wikipedia.

I have been thinking about the relationship between Bitcoin and altcoins, and how people (including me) have a hard time convincing themselves that there is only one Bitcoin and there will never be a Bitcoin 2, and no altcoin will ever be able to surpass Bitcoin in terms of its fundamental properties (mainly decentralisation, scarcity and security). Bitcoin is like wikipedia. Wikipedia is the only one that is authentic and indisputable. Then there are many different wikis... you have the Pokemon wiki, the Starcraft wiki, travel wikis, and even a wiki about bitcoin. These Wikis, as you might have guessed, are the Altcoins. They fulfil a particular function, they satisfy specific needs that are not relevant from an encyclopaedic point of view (knowing all the items in a video game, the places to visit in Thailand or any technical knowledge). These altcoins do not have a monetary function as powerful as bitcoin, just as wikis are not as encyclopaedic as Wikipedia. Wikipedia's hege

I'm Argentinean and I wrote an essay about what is happening in my country with Bitcoin.

https://ift.tt/3gjax7x Submitted August 22, 2021 at 09:17PM by manugunar https://ift.tt/3sEznnp

My first post jan 2014

https://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/cf9i9lf?utm_source=share&utm_medium=web2x&context=3 Came a long way since then . Retired now and comfortably wealthy. Just came back to say hi, hodl, thank you Reddit, thank you BITCOIN. Submitted August 22, 2021 at 02:47AM by kerls https://ift.tt/3z9kYSz

What is the point of all the altcoins?

I'm still trying to fully understand this whole thing, and I started from a book called The Bitcoin Standard. The book makes a really good point about the fact that it doesn't make sense for more than one single cryptocurrency to exist. As a matter of fact, crypto exists to solve many of our current monetary issues. And one of these issues is all the different currencies in different countries and trying to keep up with their relative price fluctuations and their inherent inefficiencies. If that's the case, then what is the point of more than one crypto? Wouldn't we just be swapping a host of national currencies to a host of crypto currencies? Additionally, aren't all these altcoins developed around a small group of developers who usually have quite a lot of control on how the code of the currency works? Isn't this a sort of currency centralization? I understand the appeal of investing in these altcoins for speculation. Hell, I do it myself. I understand

Having a hard time understanding why someone would sell any BTC?

According to history… the gains are insane. So now at this point in time… how does anyone think it’s good to sell? I feel like buy and hold is a perfect strategy for everyone Submitted August 22, 2021 at 12:44AM by Overall-Hisenberg https://ift.tt/3D8HHR9

Dictator explaining Bitcoin benefits

https://ift.tt/3B0GE3z Submitted August 22, 2021 at 07:33PM by AdNational7013 https://ift.tt/3zdYHmw

What 3 years of buying Bitcoin looks like! - Data Analysis

Hi guys! I’ve been buying and holding Bitcoin for almost 3 years now. I manage my Bitcoin investments in Excel and I really like to play around and analyze the data, since I’m currently studying statistical analysis. So I want to show you some interesting analysis and I hope it inspire you to do something similar! A few things before starting: • All the data that you’ll see here is with the price of 1 Bitcoin equals to $ 49.000,00; • Everything is measured in percentage for privacy reasons; • In my country we use comma for the decimal separator and use period to separate groups of thousands; • English is not my main language, so it could have some misspelling; ​ Let’s begin with the amount of money that I invested and the average price per Bitcoin in each year: https://preview.redd.it/9r5mactecsi71.png?width=828&format=png&auto=webp&s=ef18af1cd09dfa7f4bda5244258d2f12dd00dcd5 In 2019 is where everything started, Bitcoin was my first investment ever. It only accoun

To the moon!!

https://ift.tt/389aned Submitted August 21, 2021 at 11:42PM by Crypto_Nation https://ift.tt/37ZPFxu

Im 15 and wanna invest my 200bucks with bitcoin, ive grasped the concept of how it works is this investment to crypto worth it on the long run ?

what good platform should i buy btc, coinbase ? Submitted August 22, 2021 at 07:13AM by mrpressydent https://ift.tt/3B0hF0n

Street sign solid advice

https://ift.tt/3kikNxM Submitted August 22, 2021 at 06:42PM by Sn0wGaM3 https://ift.tt/3kj5a9B

India's Crypto ban bill sent to Cabinet approval. Time to vote them out.

So the bill seeking to ban non-government cryptos in India has been sent to approval. Apparently apart from banning cryptos (BTC,ETH - all), They want to keep using blockchains like Ethereum but ban the native currency ETH. Not sure how they plan to achieve that. The country has one of the fastest adoption rate and Bitcoin has a huge and growing following. Its a case of the Old trying to suppress the New. Constantinople fell to the very cannons they refused to take. Nokia refused to adapt to Android, they are nowhere now. When will they learn ?? In any case it seems the govt is hell bent on screwing itself in the coming elections and the country's future in tech. -Reposted after it was removed from another sub as this is an important issue. Submitted August 22, 2021 at 08:41AM by HelpfulDoubleHJ https://ift.tt/3mojvEq

Investing $10k

Guys I was saving for a car but I was wondering should I invest in BTC? I was looking for advice. I can hold for maximum of 2 years. I can survive by using public transport but my current job is really far away. I need to hear your opinion. PS. This is not my lifetime savings. Submitted August 22, 2021 at 04:57AM by Hubsonq https://ift.tt/3D5Htds

Don't own any cryptocurrency...

https://ift.tt/2W5IrG1 Submitted August 22, 2021 at 03:52AM by 2Panik https://ift.tt/3j77cu1

Bitcoin Is The Future

https://ift.tt/2W76hkd Submitted August 21, 2021 at 07:25PM by SaulBallard69 https://ift.tt/384omC6

IMF wants to tie web history to credit score.. WHY WE NEED BITCOIN

https://ift.tt/3APPt0e Submitted August 22, 2021 at 02:13AM by hotvegankilljoy https://ift.tt/3ki4t0l

Huge thanks to this community!

Quick story: I got into Bitcoin right around the ATH in May. Didn't DCA, bought a big lump sum at around 60k. My crypto portfolio immediately took a nose dive. But thanks in part to this sub, I hodled (hedl?). I didn't sell any. I began my DCA immediately after the 50% crash. Kept it going, thanks to all your silly jokes, memes, and great information/advice. After the past two weeks, I'm finally in the green. It feels great, huge thanks to everyone here! Thanks to the scammers as well, who reminded me that I need to take my online security seriously. Fuck the big banks. Submitted August 21, 2021 at 10:53PM by Raine386 https://ift.tt/3j8q7Vr

2025-bitcoin is 400k-and people say....

You bought bitcoin at $50,000? LUCKY they shout. Before our pride gets to us and our ego makes our head so big it can't get through the door, this is a repeat of what happened before. The people who bought Amazon in 2000. How about the crazy woman who put $5,000 into netflix in the beginning? How about that friend who has half his IRA in Tesla? That guy who took his sales commissions and kept buying real estate in 2014,2015,2016,2017? That family friend who bought gold in the early 70s (no joke my dad's friend did this-he sold and even borrowed to buy as much gold as possible in the early 70s). Most of society doesn't want to invest. We could state that most cannot invest due to wages. FAIR point. However, I know tons of people who could invest-they have the disposable income. They don't want to. I repeat -they do NOT want to. They don't want to learn. They want to just roll with it. Maybe they put some money into what their advisor recommends. And why does h

If there’s only 21 million bitcoin in existence and more millionaire HODLers than that isn’t it possible that there would be basically no BTC in circulation?

No text found Submitted August 21, 2021 at 07:34PM by Procrastinatenow7 https://ift.tt/3gkYRkL

Where do you see Bitcoin in 5 years?

I saw this question in the etherum Submitted August 21, 2021 at 04:37PM by Additional-Post-4065 https://ift.tt/2XPat9j

Just sold it all!!!

Hey everyone, I know that people might not be happy with me, but I sold all my Bitcoin so that I could buy some Gucci Flip Flops. I've been a Hodler since 2017, but I really could not continue living without a few pairs of Gucci Flip Flops. I also had to get the matching belt, so I ended up having to cash out all of my Bitcoin. I am now back to stacking Sats, but am doing so in Gucci attire. I think we can all learn, from me, that buying depreciating material items with your Bitcoin is the best choice you can make. Submitted August 21, 2021 at 09:32PM by Mango_Z14 https://ift.tt/3AVjSKu

Royal Farms Now Has Bitcoin ATM’s! Over 214 gas station locations spread out over Maryland, Delaware, Virginia, Pennsylvania, and New Jersey!

https://ift.tt/3y61Cwe Submitted August 21, 2021 at 05:35PM by Deathstaroperatorguy https://ift.tt/3D60ywc

A $220 Million Fortune Out of Grasp – Man Locked Out of His Bitcoin Wallet - Watcher News

https://ift.tt/3AVpUuC Submitted August 21, 2021 at 10:23PM by Recitings https://ift.tt/3D5b3jg

Just moved coins into cold storage for the first time

Feels really great to be my own bank and know my sats are off the exchanges. Not yo keys, not yo coins! Submitted August 21, 2021 at 12:58AM by ThatGuyCF https://ift.tt/3mq3ZYJ

New JP Morgan forecast predicts Bitcoin at $100,000

https://ift.tt/3sNVvvH Submitted August 21, 2021 at 03:29PM by sepke12345 https://ift.tt/3D52958

U.S. Mayor Wants To Give Everyone $1,000 In Bitcoin. What’s the catch? No one can sell

https://ift.tt/3D7ZTKm Submitted August 21, 2021 at 04:16AM by _StepSis_ https://ift.tt/2W5eh5O

Bitcoin detractor Peter Schiff admits BTC could hit $ 100,000 and regrets not buying

https://ift.tt/3kaSP7k Submitted August 21, 2021 at 04:34AM by thefoodboylover https://ift.tt/3mz8RLd

Sold all my crypto and paid off a 360k student loan

Hey guys! I have been a crypto enthusiast since mid 2017. I went to a school in the US and graduated with 360k in student loans for my doctorate. I averaged in to BTC, ETH, and LTC during 2017 and started seeing some nice gains. Then I got heavy into altcoins, specifically raiblocks (now Nano). My small investment of about 10k went to 70k very quickly. This was an amazing feeling that only a crypto investor can understand. I was young and about 27. Greed combined with euphoria became a part of me. "This can't drop and if it does it can't drop much, this is the future!" I told myself repeatedly. Sure enough I held through the bear market. God damn was that hard. I lost about 95% of my 70k portfolio in a matter of months. Red day after red day. A constant bloodbath. I never stopped believing in crypto. Bought more in 2019 and kept adding slowly. Meanwhile I was also aggressively paying down my loan with 4.5k a month and living with my in-laws to save where I could.

Spotted at a Local Brewery

https://ift.tt/3jaPki5 Submitted August 21, 2021 at 06:55AM by Luseil https://ift.tt/3j0ojO1

I keep hearing that Bitcoin is only good for buying drugs... Like WHERE are all these drug dealers who accept Bitcoin??? Asking for a friend.

No text found Submitted August 21, 2021 at 06:09AM by Karma_Circus https://ift.tt/3sCFg49

If Palantir is prepping for a Black Swan event, you should probably pay attention.

Earlier this week, Palantir bought 50 million dollars worth of gold bars to prepare for a coming "black swan event". If this was any other company, it wouldn't mean very much to me, but Palantir is not an ordinary company. They are a big data intelligence firm that the United States uses in their military, the NSA, CIA, FBI, etc... While most of the exact uses in government are classified/secret, it is known that their data was responsible for locating Osama Bin Laden that led to the 2011 raid. They are essentially a worldwide intelligence network that has access to so much data that the rest of the world is not privy to. So when they are prepping for a "black swan event", it's because they see something coming that the rest of us don't see. Something in their data is suggesting something is coming, and I think people should be paying attention. Submitted August 21, 2021 at 02:46AM by ShotBot https://ift.tt/3syRXNz

$1,200 Stimulus Check Would Now Be Worth $8,765 If Used To Buy Bitcoin

https://ift.tt/2XKIKq8 Submitted August 21, 2021 at 12:09AM by Bitcoin_Magazine https://ift.tt/3ggjGh2

El Salvador’s law making #Bitcoin legal tender takes effect in 18 days

El Salvador’s law making #Bitcoin legal tender takes effect in 18 days Submitted August 21, 2021 at 01:38AM by OlgaSokolova85 https://ift.tt/3B1ZXJN

BOOM!

https://ift.tt/3miaA7p Submitted August 21, 2021 at 01:17AM by C4mMan https://ift.tt/3j16sXc

Selling house to buy BTC

We've a house with around 230k in mortgage, selling it now we'd have around 100k in profits (after tax). Selling it, moving to a rented place and putting it all to BTC to hodl on to for at least 5 yrs should be a game-winning move for the whole family. Question is, how would you make your partner agree to it, given that they know very little about bitcoin? How would you deal with the price anxiety? Submitted August 20, 2021 at 08:58PM by theM00trix https://ift.tt/3AZ9528

Missouri mayor wants to give EVERY resident 1k$ worth of Bitcoin

https://ift.tt/3AVLMGj Submitted August 20, 2021 at 03:59PM by SosseKun https://ift.tt/3geYvfi

BlackRock Joins Fidelity And Vanguard As A Bitcoin Mining Investor

https://ift.tt/3B1limV Submitted August 20, 2021 at 04:58AM by Phreesion https://ift.tt/3ggYo31

Mildly interesting: Every single predefined Coinmarketcap time span is currently in the green

https://ift.tt/3y5LMSh Submitted August 20, 2021 at 12:57PM by witty82 https://ift.tt/3AUBFS8

Snowden coming in HOT

https://twitter.com/Snowden/status/1428485682536853512?s=20 Submitted August 20, 2021 at 03:39AM by PmMeYourArtworks https://ift.tt/3z4upTh

Yes, smart contracts can be created on bitcoin. Bitcoin will become more of a player in the world of DeFi.

https://ift.tt/2XJ98AL Submitted August 20, 2021 at 04:44PM by Phreesion https://ift.tt/381zr6W

One of These Days We're Gonna Get a Couple of 10-20% Up Days in a Row. Then Boom Shakalaka!

Itsa comin' homies! New all time highs and Happy Hodlers. Just watch. You'll see. I ain't smokin' hopium. I've been here before and I can feel it! Submitted August 20, 2021 at 06:41AM by TerribleD https://ift.tt/3mcIpXs

What would you ask Satoshi Nakamoto if you had the chance?

Maybe he’s in this /r, who knows? Submitted August 20, 2021 at 04:57PM by AthirstyLion https://ift.tt/2XCHW6t

BTC Blinding Lights

https://ift.tt/3B0ys3E Submitted August 20, 2021 at 06:23PM by not_again_2021 https://ift.tt/3k9vaEi

Bitcoin Is On The Verge Of Replacing Gold, Says Bloomberg Strategist on Bretton Woods 50th Anniversary - Watcher News

https://ift.tt/3j31Kbo Submitted August 20, 2021 at 08:29PM by Recitings https://ift.tt/3gmgLDs

Just sold it all

Sold all btc to buy my first home and I am paying 100% cash without a cent loan from banks. 😀. I will DCA btc as I get some funds. Submitted August 20, 2021 at 09:06PM by ekamol https://ift.tt/2XDYVFz

Major banks sued by families of soldiers killed in Afghanistan for knowingly laundering millions of dollars to the Taliban and helping them take over the country...but bitcoin funds terrorists!

https://ift.tt/3z9qe8Q Submitted August 20, 2021 at 03:55AM by reddit4485 https://ift.tt/3y0gY5u

Blackrock invests ~$380 Million in Bitcoin Miners.

Blackrock, the world’s largest asset manager with $9 trillion in assets, has taken significant stakes in two Bitcoin miners—$382,962,003.08 million. 6.71% in Marathon and 6.61% in Riot Blockchain. https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738 Submitted August 20, 2021 at 03:39AM by maniparusu https://ift.tt/2XxVAYy

A new lightning faucet for the newcomers! Already distributed to 4000+ users.

TLDR: Our new lightning faucet ( https://LightningNetworkStores.com/faucet ) is an open and smart faucet that always gives away at least one satoshi ( 250 sats at the time of this post). No action is required in return. People can donate to it anonymously or get featured. The goal is to introduce new people to the lightning network and grow it to one million users. You might have heard about LightningNetworkStores.com before, we have been tracking merchant adoption of the bitcoin lightning network (LN) since February 2018. About one month ago we launched an LN faucet that pays with LNURL-withdraw (avoiding copy/pasting an invoice). The user experience should be quite friendly: just click a button and get satoshis. The amount that can be claimed has varied between 300 sats and 45 sats and it is the balance between how fast users and the faucet are receiving satoshis. Money goes into the faucet from mainly two sources: part of the revenue from the website and donations to the faucet