Bitcoin pulling away from fiat ponzi markets
https://ift.tt/8PkXzvH Submitted March 01, 2022 at 02:07AM by KAX1107 https://ift.tt/7ZQ5i0I
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Showing posts from February, 2022
imagine your name is Petr Schifesky and you live in Ukraine. you own a shit ton of physical gold and now you’re trying to get out of the country.
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I traded all my crypto into BTC
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I just traded all my crypto into BTC. With all the uncertainties going on in the world right now, i ditched my alt-coins into BTC, i lost around 2k USD in that process because my altcoins were down but i think this might be the turning point for BTC now more and more people hedge their money of banks into BTC. Submitted February 28, 2022 at 07:52PM by Hot-Spite4352 https://ift.tt/Qqz1rW4
The Russian Ruble is down 30% in one day. Everyday citizens who had nothing to do with Putin’s decision are having their assets frozen and are unable to conduct business. Don’t EVER let them tell you that fiat is “safe”, it is everything but.
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The past few weeks should be all the evidence you need that fiat is on its way out and crypto is the future. The ruble is in shambles. People are having their assets frozen. People are being prevented from sending and accepting money for business. People are finally waking up to see fiat is a joke, magic paper that can be stolen and lose all its value in a short amount of time, guaranteed to lose all its value over a long period of time. Submitted February 28, 2022 at 07:42PM by UsernameIWontRegret https://ift.tt/Ohg0QTi
“No one uses bitcoin” argument is officially dead… When it really comes to it, it doesn’t matter if your shiny new coin can do a backflip, all that matters is if someone else sees the same value and is willing to exchange valuable goods for you valuable medium of exchange.
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Russia blocks sale of stocks and bonds held by foreigners, Bitcoin investors not affected
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Russian bank Tinkoff, the world’s largest digital bank, is offering an exchange rate of 171 rubles per dollar. The value of Russia’s currency has essentially been cut in half since they begun invading Ukraine.
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The Prime Minister of Ukraine is now asking the exchanges to block all Russian users out. No matter the politics but this is a great reminder to take your coin out of any exchange. One day, your country could be on the list too. Not your keys, not your sats!
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Bitcoin pools should NOT block Russian users. The entire point of the network is to be decentralized regardless of current situation.
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Miners are what keep the network alive. Regardless of the current situation the network should not be degraded or disconnected for Russian users. Russian civilian's don't want a war. It's unlikely Russia government is using the BTC network anyway. I too take Ukraine side in this disgusting act by Putin but we must maintain integrity of the Bitcoin network. Edit To clarify it has been reported that some cryptocurrency pools are blocking access to Russia. This is not solely limited to just BTC. Edit 2 Just to be clear. I know exactly how the network works. I'm stating freely and clearly that all pools should remain online and active for everyone and not to impose any restrictions as to retain the integrity of crypto currency. As a pool owner you should NOT be making choices based of political decisions that may deliberately prevent end users from using the service. Submitted February 27, 2022 at 09:07PM by FredrickandNeval https://ift.tt/XBPqnGF
BBC NEWS: Millions in Bitcoin pouring into Ukraine from donors. At least $11m (£8.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. More than 4,000 donations have been made so far, with one unknown donor gifting Bitcoin worth $3m to an NGO.
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Kyiv: full consensus for disconnecting Russia from SWIFT has been achieved, the process has begun
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You DO NOT get to decide who is allowed and not allowed in Bitcoin. That's the whole point you idiots! Nobody can “add” anybody. Nobody can “remove” anybody. Bitcoin is for everyone.
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WATCH: Bitcoin Can Be Used For Cyber Defense Says Michael Saylor. Meanwhile Ukraine Receives Over $4 Million in Bitcoin For War Defense. Even Putin Can't Stop Bitcoin.
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The Pacific nation of Tonga could have Bitcoin as legal tender by Q2 and Bitcoin mining by Q3 of 2023.
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Bitcoin Donations To Ukrainian Army Surpass $4 Million
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MSM decides that crypto isn’t valuable in wartime. Using the same old “crypto is for gangsters and criminals”.
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Varney and Co. Talking about how it wasn’t helpful. I can’t imagine being more aloof. Crypto is about the only thing they have to hang on to that won’t betray them at this moment. Absolutely crazy how some people don’t get it. Spread the word folks the eyes of the world are upon bitcoin. Submitted February 25, 2022 at 07:27PM by Thepeoplesadvisor4 https://ift.tt/J1nEagF
Bitcoin donations for Ukraine military surpass $1M
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Russia State Duma says it may confiscate money from it's own citizens to offset sanctions
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The Kyiv independent is asking for Bitcoin donations. They are good journalists. They need and deserve help.
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It's Never About Democracy. It's About Domination.
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BTC price instantly dropped massively when governments gave vague hints about possibly stopping inflation somewhen in the future. Now the world is going to war - what will not only not stop inflation, but rather drive it up to new heights. Aaaaaaand BTC drops further…
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Ukraine Military Group Receives $400,000 in Bitcoin Donations in One Day: Report
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Last week I saw a tweet from the Kraken CEO and immediately ordered a hardware wallet
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When someone says "Bitcoin uses too much Energy"
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European Union plans to forbid Bitcoin and Proof of Work Cryptos
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So, this just happened: https://www.btc-echo.de/news/bitcoin-spd-gruene-und-linke-fordern-verbot-in-der-eu-135678/ Automated Translation: Cramming crypto regulation. The European Parliament wants to prohibit the provision of crypto services based on "environmentally unsustainable consensus mechanisms" in its MiCA guidelines. This is according to a final compromise proposal from the responsible Committee on Economic and Monetary Affairs (ECON), which is available to BTC-ECHO. De facto, this could mean the end for proof-of-work-based cryptocurrencies like Bitcoin from January 1, 2025 in the European Union. The final decision on the draft is to be made in Parliament on February 28. Stefan Berger told BTC-ECHO that he believes it is "very likely" that the proposal will go through. As Chairman of the ECON Committee, he is largely responsible for the design of the MiCA Directive on the regulation of cryptocurrencies in the European Parliament. The advance of the Bitco
How do I wash my Bitcoin?
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So I’ve been stacking for a couple years now, pretty much only buying through Coinbase. With the recent attempts of regulation in both the US and Canada, I want my crypto to be truly anonymous. How should I go about moving my Bitcoin from my current wallet to a non-kyc exchange so that I can “wash” it? Should I transfer to USDC first? I know if I cash it out and re-enter, that will probably trigger the IRS and that’s the last thing I want. Any and all advice is welcome. Submitted February 23, 2022 at 09:51PM by jaycpee https://ift.tt/TeFh7Zv
Mexican senator is convinced that Bitcoin should be legal in Mexico
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Tourism in El Salvador up 30% since Bitcoin adoption, minister says
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The dominoes are falling, California to considering Bitcoin as legal tender | CryptoSlate
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Nick Szabo has been warning us for a decade. Get your Bitcoin out of exchanges. Learn and teach people to self custody
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Be mentally ready.
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With Russia's ongoing invasion of Ukraine, the U.S and EU are imposing financial sanctions on Russia and will essentially attempt to exclude them from the international economy. I think Russia's response to this is pretty obvious and telegraphed, they are going to embrace Bitcoin so that their oligarchs and members of government can continue to transact internationally. Hopefully their citizens are also allowed to use it without too much regulation, but not holding my breath. We've already seen the draft bill of this, and now more than ever they have a justification to accelerate this. I don't know whether it happens in the next three weeks or next six month, but it appears to me that the course is set. Putin has been yearning to invade Ukraine ever since 2014, but the financial sanctions that would ensue were probably enough of a deterrent. Up until now. Putin now has an alternative, and he seems to have gained enough confidence in Bitcoin's decentralized and unce
Bitcoin Will Be Accepted for State Tax Payments in June Says Colorado Gov. Polis
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Watch the Bitcoin mempool! Transactions trickle in as they get broadcasted to the network and removed when blocks get found. You can watch it live on Twitch.tv/BitcoinMempool
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The idea that we won’t see another bull run until 2024/2025 based solely on the halving and ignoring all other currents events surrounding Bitcoin is just so ignorant and lazy. CNBC.. L
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Checking transactions on the blockchain explorer yesterday and captured a wallet purchasing $500 million of Bitcoin...
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"I still can't believe that this is the protest that would prove every Bitcoin crank a prophet. And for me to have to slice a piece of humble pie, and admit that I was wrong on crypto's fundamental necessity in Western democracies." David Heinemeier Hansson - Creator of Ruby on Rails
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Bitcoin Saved My Life
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This happened about a week ago. Was heading home from a little road trip and had to stop around about 2 hours away from home for gas. Had the wife and kids with me. Went to fill up and my cards keep getting declined. Try to call the bank and they had froze my accounts due to "suspected fraudulent activity" and said there was nothing they could do for 24 hours. No way to access any of my money and didn't have enough gas to make it home. Was starting to get a little nervous. Then I remembered I had some money in bitcoin. I was able to find a crypto atm (didn't even know those existed) within a quarter mile that I walked to. At this atm, I was able to sell some of my bitcoin and withdraw cash from the atm, which I was then able to use to buy gas to get home. Insanely lucky I had funds that were practical/useful when my bank was not accessible. And thus I realized the true benefit of Bitcoin. Just wanted to share, as I've never seen, firsthand, the practical use
Finally bit the bullet
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So last night I finally bit the bullet and invested in Bitcoin. I’ve been watching the scene and crypto in general from afar for a while now and something clicked last night to take the plunge. Now don’t get me wrong, it wasn’t a lot, only a three-figure sum, but it’s a start! I plan to DCA with similar amounts weekly and just hold for years to come without worrying about fluctuating prices! Anyway, it just feels good to finally be part of the community and look forward to the future under Bitcoin. Submitted February 20, 2022 at 01:43PM by ChelseaBoy86 https://ift.tt/5Ss1AKi
New Bill Aims To Introduce Bitcoin As A Legal Tender In California
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There is a massive PsyOp going on to poison the public perception of Bitcoin.
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They’re here. They’re trying to divide the community, splinter it, make it easier to control. Be vigilant. This will be downvoted but much like the saying “The Revolution will not be televised”, “The truth will not be upvoted” Be vigilant friends. Bitcoin is not political. Bitcoin is for everyone. Submitted February 20, 2022 at 08:57PM by dirtsmurf https://ift.tt/CABrgp9
People are barely hanging on, but you heard the man…buy Batman comics instead of Bitcoin! 🤡🤡🤡🤡🤡🤡🤡🤡🤡
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Converted all my altcoins into BTC and took it to a private wallet
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With everything happening in Canada and the warnings coming out I decided to take all my altcoins (around $10,000) and converted it to Bitcoin along with my already $3,000 of Bitcoin, pulled it off the main exchange into a private wallet. When Bitcoin is outlawed, only Outlaws will have Bitcoin. Submitted February 20, 2022 at 02:54AM by xanvalentine https://ift.tt/5mTKE2R
El Salvador’s GDP grew 10.3% in 2021. And now its exports (a main driver of economic growth) grew 13% this January, compared to January 2021.
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Nunchuk responds to Ontario Superior Court of Justice in most Bitcoin way possible
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I’m going to help my husband live his Bitcoin mining dream
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I’d like to first add that I don’t know much about Bitcoin mining but I’m learning. My husband has been investing for several years and I was skeptical at first. He has always talked about how he’d love to Bitcoin mine on a small scale. Around December, I told him we should do it. Our current home would sell for a great price, we’d move to a state with the best energy rates (Arkansas is our choice). We’re going to buy a much less expensive home with land, pay for it almost in full with the equity from our current home and buy 11-12 machines to start with the remaining equity. We’ve already calculated everything - the energy costs in the area we’re purchasing in and how much profit we’d make as well. We wouldn’t be living luxuriously, especially with two young children, but it would be enough to pay the bills and my husband to not need to work anymore. I’m nervous about this new adventure, but also excited. If you have any helpful and kind advice, I’d greatly appreciate it :) S
How to produce cheap electricity for mining Bitcoin with a CHP.
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Don't think for a second the government won't step in when BTC becomes more valuable than USD
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Wife wants me to stop DCA'ing and sell all my Bitcoin then start buying tangible gold and gold miner stocks again. She then showed me the Charlie Munger clip from a few days ago... What should I do?
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I had to pretend like I hadnt seen the Munger clip all over bitcoin twitter. She also then went on to say crypto is in a huge bubble and it will fizzle out and gold will last a 1000 years. I dunno all my instincts tell me otherwise. Any advice on how to deal with this? Submitted February 19, 2022 at 01:18AM by Similar-Draft4023 https://ift.tt/QsDw8hI
Why Bitcoin? This is why. Banks have started to freeze accounts linked to the protests, Freeland says | CBC News
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What are your thoughts on BTC Lending Platforms?
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I have been a long-term BTC HODLer since 2017. I don't have much, but I never want to sell, so I buy in $50-$100 increments every two weeks when I am paid. At one time, I was offered the chance to borrow money from my exchange, but I declined. I considered lending, but I had read that borrowers can and do default, and that borrowers who borrow bitcoin are likely doing so because they have been refused by banks, so I chose not to take the chance. But seeing the large amounts of APY I see on these platforms, I might give it a try. What are your opinions on BTC lending platforms? And yeah I know the saying “not your keys not your crypto”. But I'm curious as to how other people feel about them and whether the benefits outweigh the risks. Is this something anyone else does to increase their holding? I'm looking for some input. Submitted February 18, 2022 at 03:41PM by Large_Value_4552 https://ift.tt/uJNRpsF
Sitting back & buying bitcoin is not enough. We need more bitcoiners creating policy & taking on administrative roles.
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Freeland "There's a Very Easy Way For People to Avoid Being Effected by These Measures, and That is, Just..." ~ Buy Bitcoin
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Just a small town boy from Jersey buying every time I can....I have 3 and they aren't getting them 😉
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Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction
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Lyn Alden on PoW vs PoS:
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Proof-of-Stake is legacy tech. It's what corporations and banks have run on for centuries. It's outdated and oligopolistic. And yet, still useful for centralized systems. Proof-of-Work is the new innovation, especially when combined with difficulty adjustments. Consensus mechanisms that don't involve work... instead involve governance. Work is the only thing that can reduce or eliminate governance. Proof-of-Work systems can be a commodity. Proof-of-Stake is inherently an equity. I like equities. But equities aren't commodities... If you think that means I'm "pro-bitcoin and anti-ethereum" as some do, remember that ethereum is still proof-of-work for good reason. Thus, I kind of respect it. I'd be more interested in ethereum if it dropped the proof-of-stake conversion and difficulty bomb. But alas... Either way, bitcoin is the commodity. It's the digital asset that achieved a distribution pattern, decentralization, and immutability to be
I can finally explain to my boyfriend why I want to run a full node
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Charlie Munger just said due to inflation US Dollar is "going to zero"
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I’ve been a crypto tax preparer since 2019, and now I consult tax professionals looking to get into the space. Have any Crypto Tax questions ask away! Round 2!
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Mining 250 Bitcoin with 1 computer 12 years ago -- $11 million today ✨
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This 98 year old fuck mad bc people other than him are making money and he doesn’t understand it. Sounds like the rich are getting concerned….
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After years of hating on crypto, Warren Buffett invested $1 billion into a crypto bank
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Canada's martial law disaster is the best thing that has happened to this community in years!
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Bitcoin is uncensorable, non confiscatable hard money without a central bank. We are finally focused on the non confiscatable aspects of Bitcoin and I love it! Look, I think the Bitcoin narrative as an inflation hedge and as an institutional asset is great, especially during the massive monetary expansion that happened in 2020. But the number go up narrative is FUCKING BORING! Bitcoin is NOT a tame lion, kissing the ass of all these big institutions with the hopes of buying our bags in not in line with the Bitcoin brand. Bitcoin is a counter culture movement and the last 2 years we've turned into a pro-establishment movement. Kissing the ass of all these Black Rock ESG cucks and trying to onboard all the corporates makes me puke. The Canadian Truckers is making Bitcoin fun for me again, and I hope we continue promoting the other aspects of Bitcoin other than just number go up. Submitted February 16, 2022 at 01:35AM by ShotBot https://ift.tt/wMJ7VfY
Friendly reminder - Bitcoin is Apolitical by design
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Next time you are tempted to push a political agenda, ideology or movement (right or left) on the back of an agnostic technology, ask yourself if you’ve been victimized by the same propaganda machines Bitcoin was originally designed to circumvent. Never, ever forget, the Bitcoin network runs nodes out of socialist, communist, fascist and capitalist countries. It follows none of these political ideologies because it’s not human. It doesn’t care. It is apolitical by design. Bitcoin is technology - let’s keep the conversation there. Reddit has enough political subs for smooth-brained apes to throw shit at each other. Submitted February 15, 2022 at 06:56PM by jlogelin https://ift.tt/xmDs87Q
Just sold my house to buy bitcoin! 97% of my assets are in bitcoin now!
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It is never late to understand how decentralized exchanges work, the importance of storing Bitcoin in cold storage and having a local supportive community :)
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Bitcoin will train you in volatility until your numb to market recessions like 2008.
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BREAKING: Canada expands money laundering laws to stop Truckers. These new changes effectively criminalizes the act of sending money to the truckers, whether it's via Bitcoin, CashApp or GoFundMe.
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actual football watchers reacting to coinbase commerical
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I've turned into a Bitcoin Maxi
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Perhaps I've been listening to Saifedean too much. But after looking into the other crypto projects for awhile wondering where to invest in next, I've realized that I could have been buying Bitcoin and forgetting about it. I have one altcoin that I have staked for some rewards, but once it reaches 3x my investment, I'm pulling out of it and investing the gains into Bitcoin. Looked at ATOM, decided that the ecosystem was outpacing the ATOM coin and converted it all to BTC. Everything always goes back to Bitcoin, and I realized I'm wasting my time even looking at the altcoins. Submitted February 14, 2022 at 09:39PM by TheRealSlimyrock https://ift.tt/bX6Yjv5
Satoshi Nagamoto introduced something that they can’t stop
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Do you think it shady or unethical to mine bitcoin on a remote computer located at someone else's business without telling them?
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BitPanda sponsoring the Italian national rugby team
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Good news? U.S. is now the Bitcoin mining capital of the world
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Found post 9 years ago BTC price breaks $15.4...amusing to read comments.
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Netflix will make a documentary of $4.5 billion BTC stolen from Bitfinex
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I just found this folder on a old hard drive from 2013. Can I do anything with this?
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Cash app activating lightning is the biggest game changer. It is the tipping point. Exponentially accelerating adoption begins now.
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Cash app now enables its 70 million active users to send money internationally using lightning to any other lightning compatible wallet. Not only can users send funds instantly and for free to any other cash app user but also to any strike user or lightning wallet on earth. This is how network effects start. Now all cash app users are compatible with all strike users and LN wallet users. Once venmo plugs into lightning all venmo users will be compatible with all cash app, strike and LN wallet users. At this point if you use any other app like paypal or transferwise or wechat or your banks online banking app you are not part of the network. You are not part of the group of people all connected to each other on lightning, and you are stuck within your one single app unable to interact with all of the people on the open lightning network. All you can do is send money to other people who happen to use the exact app you are using. Thats like only being able to send email to people who use
[Bitcoin Whitepaper] I am unable to understand what the underlined text is supposed to mean.
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True Off My Chest: Max Kieser and Michael Saylor Don't Care About You.
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Don't buy the volcano bond. Russian Television Max Kieser promotes it because it personally makes him rich. It's trustless. Don't buy microstratagy stock. It only allows Michael Saylor to monopolize the purchase of bitcoin. Nothing else has a higher return than Bitcoin. It doesn't make sense to buy anything else. Max and Michael even preach this. Only.Buy.Bitcoin. Edit: People caring to respond. I simply say thank you. Edit: u/Even-Home-9126 pointed out that Saylor has free college?!? I'm having second thoughts. Please upvote that comment. Submitted February 12, 2022 at 10:01PM by jphillips8648 https://ift.tt/Zn2DsNp
These 23 year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling
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Russia legalized bitcoin as currency to hedge against a weak Russian ruble and Biden sanctions. What do you guys think?
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Putin supports legalizing bitcoin as currency because he’s threatening war and Biden’s economic sanctions would hurt the ruble. He could still transact in the world economy through bitcoin. I’m wondering everyone’s opinion on this. Submitted February 12, 2022 at 01:53AM by Bapster69420 https://ift.tt/f1vKA8q
To anyone new or learning about Bitcoin, I highly recommend listen to Andreas Antonopolous speak. He's a fountain of knowledge.
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Good News: JPMorgan Assesses Bitcoin’s ‘Fair Value’ Price At $150K
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My Fiance's Employer Wants to See My Holdings
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My fiance's company is requiring it's employees and anyone who lives with said employees to disclose their crypto holdings. Am I legally obligated to do so? They already have access to my Fidelity account and now they want my bitcoin too? Apparently they have some "Blacklist" and "Bitcoin will never be on it." At this point I might just transfer what I have in Coinbase to my cold storage and tell them I have nothing. Anyone have a similar situation or ways to get around this? Thanks. Edit: Thank you to all who provided insight. I think I’ll transfer what I have on the exchange to my cold storage and be done with it. Submitted February 11, 2022 at 08:54PM by IllFox3004 https://ift.tt/jsyBLiS
Bitcoins true value is somewhere between $500k to $10m. And it will get there faster than anyone could possibly imagine.
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Microstrategy bought bitcoin in 2020. Two years later an institutional wave of money is now entering. El Salvador bought bitcoin in 2021, by 2023 a wave of sovereign nations will be buying bitcoin to hold as reserves. Bitcoins fair value is somewhere between gold and global debt which is between $10 trillion and $200 trillion ($500k to $10 million per coin). New tech is always overvalued before it is fully adopted just like the dot com bubble in the 90s getting way ahead of itself before most people even had a home internet connection. Bitcoin will not rise slowly. It will not give people the chance to take their time. It will melt faces off as it leaves everyone behind. A million dollar bitcoin will not take another 10 years, and it doesn't need to be held by five billion people to get there. It will be overvalued well before mainstream adoption takes place. Once institutional fomo is well underway and sovereign nation fomo is heating up the price will rise by $100k in a mon
If you really want to know anything about Bitcoin first lesson is not to listen to these guys
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Bitcoin was less than $6K at the time of this statement.
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Jack Mallers hints at convincing Amazon's Jeff Bezos on using Bitcoin's Lightning Network as a payment settlement layer
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Inflation rises 7.5% over the past year, even more than expected
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Why do I keep seeing there's not enough BTC for every millionaire on Earth?
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There's over 50 million millionaires in the world. I've read over and over again that there's not enough BTC (21 million) for each one. Is this some enduring fable that people just repeat without questioning? Edit: I think I had a stroke (kidding). I'm going to leave the post up just to watch myself get dragged online by strangers. Submitted February 10, 2022 at 05:15PM by Meatball_legs https://ift.tt/gkoIQra
To think the people who stole $70 million from Bitfinix in 2016 was a cringey Rapper
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FT: Turkey to target ‘under the mattress’ gold in effort to bolster the lira
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Almost got 1btc out of a scammer today. So close.
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I put keys to 0.003 BTC in a vault for 100 Years
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Well not exactly I put it there, the city archive where I live will store letters for 100 years. They will open them in 2122. I wrote a letter and also put the private keys for 100 $ worth in BTC. What do you think are the chances the network will be still up and running? What would be the block reward by then if so? What would you put in an envelope for 100 years? Submitted February 09, 2022 at 11:41PM by Optimal-Dentistador https://ift.tt/7KCjG83
We launched our second Bitcoin education center last week in El Salvador, meet La Casa del Bitcoin!
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Modern ASICS use energy 40,000% more efficiently than they did a decade ago. No mention of this trend amongst mainstream talking points.
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US Officials Seize Bitcoin From 2016 Bitfinex Hack | Federal officials seized some $3.6 billion worth of bitcoin Tuesday tied to the 2016 hack of the crypto exchange Bitfinex
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KPMG in Canada adds Bitcoin and Ethereum to its corporate treasury
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"Meta" situation just shown why BTC is important
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Mr Mark "The Lizard Alien" Zuckerberg just threatened he will shut down Facebook and Instagram for Europe due to the GDPR. Shutting down FB is honestly not that bad (aside of logins associated with it on other sites), but it clearly shows what CEO can do to you and how much power he can have. Now imagine if Google done the same - say, shutting down Google in China for whatever reason (oh wait)... This should be a lesson to everyone - centralized projects are a risk, no matter if it's so called crypto, banks, governments or various platforms. Having no CEO, presidents, ministers solves this. BTC solves this. Submitted February 07, 2022 at 11:10PM by Lord_DF https://ift.tt/cIJfO2E
Rappers are now flexing their Bitcoin in music videos
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Former BlackRock exec Edward Dowd: “Global debt is at its peak... and it’s apparent we are at the end”
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Bitcoin took over 40 years of development and research to create.
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I’m not religious, but thought of this the other day when explaining to a religious person why Bitcoin wasn’t against the Bible, and why gold and silver wasn’t “God’s” money
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I told them: Jesus said to give up all your physical possessions. Gold, silver, and fiat currencies like the dollar, peso, and euro are physically possessions. ₿itcoin is non-physical. Therefore, Bitcoin is the only property you can own without going against God's word 😂 u/ ×FellowHumanBeingx added this great line: Just quote this, and relate "heaven' to the internet: Matthew 6:19-21 NLT ”Don't store up treasures here on earth, where moths eat them and rust destroys them, and where thieves break in and steal. Store your treasures in heaven, where moths and rust cannot destroy, and thieves do not break in and steal. Wherever your treasure is, there the desires of your heart will also be. He also added this verse to reference for those who are religious and might have problems with investing: Also, if they have an issue with investing, quote this: Matthew 25:14-30 NLT Again, the Kingdom of Heaven can be illustrated by the story of a man going on a long tri
How did these terrible Bitcoin youtubers become so popular?
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I am so disappointed that channels such as Carl The Moon, MMCrypto, DavinciJ15, Bitboy, and many others are the top Bitcoin youtubers. These morally bankrupt scumbags representing Bitcoin are making us look bad to the layman person. Submitted February 06, 2022 at 10:04PM by ShotBot https://ift.tt/VQgoAYC
UPDATE: I am a 23 yr old student and Hodl exactly 1.0032 Bitcoin.
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So during this Dip in the Market I managed to liquidate my stonks and ETF to put it in Bitcoin. Bitcoin is the answer and the only asset I can trust to hold it for decades. Other than corporations. What do you think should I do? Should I try to time the market if let‘s say the market turns really risky and euphoric by 2023 or shall I hodl and nevermind? I love the diamondhand and never sell movement, but I also don‘t wanna live like a wageslave just to stack sats until I die lol. Btw I live in Europe so studying cost are basically almost zero. Submitted February 06, 2022 at 10:23PM by Luckyking223 https://ift.tt/ngDOrSf
When you see Bitcoin pumping but remember you are still 20% down
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Coinbase took my BTC & Ethereum due to inactivity in my account
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I received an email from Coinbase Dec. 3rd, 2021 that reads: We’re writing to inform you about a recent transfer from your Coinbase account to Coinbase and a potential notice of account inactivity you may have received. When accounts are inactive for a long period of time, Coinbase is required to alert customers and ensure funds are claimed by the owner. If we receive no reply, then under state laws, we’re required to transfer funds to appropriate state agencies to hold until the owner can claim them. This process is called escheatment. While reviewing your account, we can see that despite some inactivity, your funds were transferred to Coinbase in error. We will return these funds to your Coinbase account within 24-48 hours. We recommend that you log into your account so that you may access your funds and prevent future potential escheatment. If you need any further assistance with your account, please don’t hesitate to contact us. Regards, The Coinbase Team I hadn't logged int
ive been wearing these and teaching people that ask about it for free
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As GoFundMe freezes trucker's Freedom Convoy donations, BTC Sessions create crowdfunding through Bitcoin and raises 2.3 bitcoins for the truckers in more than 2 thousand donations
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$BITO puts are being dumped on the bid and calls are being bought at the ask! BTC to +300k! Hedge Funds who shorted $BITO thinking this was the tulip market of 1630s are trapped!! TD has this HTB which means retail has no access to short because they're saving all the shortable shares for themselves
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50% of dollars were created in the last 2 years. Why haven’t we seen hyperinflation in the US?
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GBTC Spot ETF
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NO ONE is talking about this… SEC delays decision on Grayscales spot ETF to 6 Feb (Sunday) which means we could have an opportunity for our first Bitcoin spot ETF. GBTC is the most likely candidate… anyone else tracking this or am I missing something? Submitted February 04, 2022 at 06:17AM by StckMrktWtch https://ift.tt/79xotVP
Kraken Launches Proof of Reserves - Mid-term all of us should move to services that explicitly do so and avoid using the remaining!
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50% of dollars were created in the last 2 years. Why haven’t we seen hyperinflation in the US?
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A 1 in 100,000 chance of solving a block in a day: Miner with only 13TH just won a FULL block reward worth 6.25 $BTC (over $230,000)
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El Salvador Keeps Holding BTC Despite IMF Warnings; Hires New Devs for Chivo
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Over $1,570,000,000 Worth of Bitcoin Moved off Crypto Exchanges in Just Seven Days: Insights Firm Santiment
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Bitcoin just became legal in India, with a 30% tax on income from sale of digital assets
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Police looking for drugs discover Mining setup.
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$11 trillion asset manager Fidelity Investments: “Bitcoin is superior form of money and should be considered seperately from other digital assets ”
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