Microstrategy Adds Bitcoin Options for Employee 401(K) Plans - The BTC Times
https://ift.tt/zxd9Stu Submitted April 30, 2022 at 03:48PM by Amber_Sam https://ift.tt/PcLzUMl
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Showing posts from April, 2022
Panama assembly passes law to allow use of Bitcoin and other cryptocurrencies
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Warren Buffett Gives His Most Expansive Explanation for Why He Doesn't Believe in Bitcoin
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I'm sure some of you need this reminder. Get your money off exchanges or you risk losing it all. Consider yourself warned.
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Swiss National Bank Chairman: Bitcoin is not a currency reserve yet but could be one very soon
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Bitcoin gives you the ability to levitate above the fiat world and all it’s bs politics..
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Should I buy a whole Bitcoin?
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I’ve finally stacked enough liquid cash to start some serious investing and Bitcoin is on my hit list. The market is down and the timing seems perfect but for some reason I’ve gone chicken shit and can’t pull the trigger. Should I buy a whole Bitcoin right now or should I wait? Maybe buy half now and see if it goes lower? Part of me thinks the Ukraine war still has a possibility of escalation and markets are just beginning to see the real turmoil that may come. What are your thoughts? Submitted April 30, 2022 at 03:26AM by famoso2891 https://ift.tt/V7Aeufw
For anyone wondering what it's like to be a top-tier Bitcoin engineer
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The Panamanian National Assembly just approved (after a third debate/revision-round) a Crypto Law that regulates and allows commercial use of Bitcoin and crypto-assets in the country.
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Panama bitcoin bill. Are zero taxes better than legal tender?
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Yes. Panama banking used to be the best in the world for secrecy. Better than Switzerland. But Pablo Escobar pushed the boundaries and helped put an end to all that. The US drug war with Colombia and the cartel’s Panama banking partnership ended when the US threatened sanctions and a gray zone status with all their allies. So the Panamese relented to financial imperialism, seized Escobar’s money, and in the process sullied their reputation like the Swiss and Hong Kongese have done recently. International courts back in the 80s gave no voice to Latin America. Sorry Bitcoin Beach City, Panama City is the place to be for Latin companies Then in 2010, more imperialism flexed: the first Obama Administration made good on their campaign promise of closing tax loopholes and introduced FACTA , which hurt Panama quite a bit. This is how I was first introduced to bitcoin. I was permanently banned from Western Union and Moneygram, and placed on an international remittance blacklist. This had t...
Central African Republic in a couple decades. #bitcoin
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Crown Prince of Serbia: Not crypto, but Bitcoin. It's only about Bitcoin. Bitcoin is freedom. I want this for everyone. We need to take the money away from the state.
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The president of the Central African Republic: "Mathematics is the language of the Universe. Bitcoin is universal money."
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Bitcoin Mining Difficulty Hits Another All-Time High while BTC Trends Lower
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They aren’t Lambo’s but they still go pretty damn fast on and off road. Thanks BTC! 😊
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El Salvador is now a leader with a follower. The third one makes it a movement
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Are we still early? Go ask randoms, take $100 or a Bitcoin?
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Central African Republic Has Adopted Bitcoin as Legal Tender
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Central Bank of Cuba legalizes bitcoin and virtual assets services
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I love going through these old posts and comments about Bitcoin from over 10 years ago. People were calling it a "Bubble" when it was just a few dollars a coin.
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Fidelity announced this morning (2022-04-26) that they will be the first major retirement plan to allow investors to put bitcoin in their 401k plans
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PSA: Please take your bitcoins off exchanges and take self custody to prevent shorts and decouple paper and physical bitcoin.
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Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts
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Cashed in all of my Bitcoin today to pay for my bestie's radiation treatments
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Worked on a Lamborghini Aventador today and was paid in crypto
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I had a conversation with imprisoned Silk Road founder's mom
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https://preview.redd.it/m3buqea6vov81.jpg?width=400&format=pjpg&auto=webp&s=bfdede8c08e3971f6a2ac26c1126bbce616ea77c Hello, I am a Physics/Neuroscience PhD student, following decentralized tech for several years. I interviewed Lyn, the mother of Ross Ulbricht. Ross built the first bitcoin-powered dark-web market Silk Road. This was all new 'criminal' tech at the time, and the US govt. sent him to maximum security prison for two lifetimes plus 40 years, without parole. But he still keeps up, and regularly writes about crypto and DeFi from prison. Part 1 is a talk that I arranged Lyn to give at the University of Texas at Austin. She presents her view on the case of Ross and Silk Road, and the misuses of law she thinks the US govt. carried out. Part 2 is a one-on-one conversation we had on my couch. Lyn shares her experience of Ross' trial, her views on US amendment violations, digital snooping, prisons and the drug war, and lessons from her activism. The...
In 1999, media attacked the internet: "a lump of coal is burnt everytime a book is ordered online". Today the same attack has shifted towards Bitcoin. X-post by u/Set1Less
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In the early days of the internet, media hit pieces tried to blame the internet for energy consumption. Somewhere in America, a lump of coal is burned every time a book is ordered on-line. https://www.forbes.com/forbes/1999/0531/6311070a.html?sh=12b1b1ad2580 The current fuel-economy rating: about 1 pound of coal to create, package, store and move 2 megabytes of data. The digital age, it turns out, is very energy-intensive. The Internet may someday save us bricks, mortar and catalog paper, but it is burning up an awful lot of fossil fuel in the process. There are already over 17,000 pure dot-com companies (Ebay, E-Trade, etc.). The larger ones each represent the electric load of a small village. Media tried to gaslight and brainwash tech companies with the burning fossil fuel narrative. Some 20 years onwards, this entire article reads like a joke. Getting the bits from dot-com to desktop requires still more electricity. Cisco's 7500 series router, for example, keeps th...
EU politicians have meetings where they discuss how to attack bitcoin and how to protect "sustainable" coins
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Let the growing continue...
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My wife buys clothes from an online business. I encouraged her to start her own business because she's really into that sort of thing. I invested in Bitcoin in 2017 and now took a very tiny amount of that investment to help her start her new business. It just occurred to me that I'm now using my successful investment in Bitcoin to invest in a small business. Because of Bitcoin, she now has the opportunity to grow. Let the growing continue. Submitted April 25, 2022 at 02:26AM by micjolly1 https://ift.tt/G6rMYUW
Why Bitcoin? Here is your answer. Aaron Russo talking about Rockefeller not giving a shit about the peasants and wanting to chip them.
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BREAKING: The Central African Republic, became the first African country adopting Bitcoin as legal tender
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Should I put my $20 000 in bitcoin?
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This is all the money I’m willing to part with for investment’s . I have been holding this money for a long time waiting to find the “best” value stocks but the longer I waited the less I cared about stocks and the more I cared about bitcoin. A good friend suggested 3 audio books to me and now I’m hooked but the big question is do I set half aside for stocks or just put it all in bitcoin Submitted April 24, 2022 at 08:34AM by SnooCompliments1228 https://ift.tt/skRKtfo
New job at 20 I’m very excited
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I’m finally leaving the supermarkets. Very lucky to have a graduate job so young. I’m most excited about throwing more cash at my crypto exchange than my career to be honest. Is this worrying? My master plan is to move out once the next bull run is on in a few years from now maybe as late as 2025 and take some gains for a place. So in the meantime I’m living rent free and am buying up scarce digital property with 80% of my income. My whole life right now is literally what can I liquidate for Bitcoin or how can I earn money to buy more. Bitcoin makes me value my job so much more because I can convert the cash into better money haha… suckers. Submitted April 23, 2022 at 08:20PM by MCHappster1 https://ift.tt/1dfTYzL
OP_CTV - Summer Softfork Shenanigans (BitMex research)
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The hidden benefit of saving in bitcoin.
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It's been over a year since I decided to start saving via bitcoin. I've been buying as much as I can with whatever source of money coming in and have been consistent at it. A while ago I was thinking that since I have been saving in bitcoin my net worth hasn't really increased at all, since the current price of bitcoin is below my average purchase price. But in reality, inadvertently my net worth has increased tremendously. Before I got into bitcoin I was already disciplined with saving and always put away an amount from the beginning of the month. But it's just that actually, since I started bitcoin, I save a hell of a lot more. I am much less consumptive and I have become an "ambitious" saver. That has a direct effect on my wealth, and that is that even though I am "at a loss" in bitcoin, I have more money than I would have had without getting into bitcoin because I had no incentive to save with that intensity. This is actually the hidden bene...
Nobody talks about this so we should. That's what Bitcoiners do
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Tesla’s latest earnings report shows it holds Bitcoin worth $1.26 billion
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The World’s First Regulated Crypto Bank Braces For Flood Of Institutional Money
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[OC] Ever wondered if those steel backups for crypto really work? I put one inside a ceramic furnace for 12 hours!
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I run a small brand of stainless steel crypto backups and recently I put my most popular one inside a ceramic furnace for 12 hours straight, with a peak temperature of 1150 °C (2102 °F) which lasted 1 hour. My backup works by converting each word of your seedphrase into its equivalent number using the BIP39 Standard, a static pool of 2048 words. Then you just grab a hammer or mallet and stamp the sequence of numbers into the plate. Product: https://cryptonumeris.com/products/plate-s Original wordlist: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt So instead of shipping 27 alphabetical stamps I just ship 9 numerical stamps (6=9). I use AISI 304 Stainless Steel (Gauge 14) which has a melting point of 1450 °C (2642 °F) so I knew it would not melt, this was rather intended to be an endurance test against high temperature for a long period of time. Fully stamped plate Macro shot of the stamped numbers *** Anyway, so one of my dad's friends runs a ceramics fa...
Morgan Stanley's latest report shows the price of homes in Bitcoin
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Made some seed phrase storage for myself and my brother's family
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Michael J. Saylor’s Simple but Compelling Demonstration for Those Who Consider Bitcoin Risky. The biggest risk for the future is with fiat money.
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Officially hit .05 BTC today
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It took some time in a few alts, but I’m beginning to understand that Bitcoin is king. Not sure why it took me so long, and I had my doubts about scalability, but now everything seems so clear. The lightning network has improved the speed of transactions by using off-network wallets signed by 2 separate parties. El Salvador has accepted BTC as legal tender, and other countries will undoubtedly follow as inflation destroys their currencies. Proof-of-work was created with decentralization and fairness in mind, using math and cryptography. Bitcoin has the largest volume of miners, and was launched in a completely fair way. Apps like Strike are making Bitcoin payments easy, and cash app and venmo are supporting Bitcoin payments. Widespread adoption seems inevitable. Submitted April 22, 2022 at 05:14AM by mapboyy https://ift.tt/qfIed2o
Binance has imposed restrictions for Russian citizens on accounts with a balance of more than 10,000 euros
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Wondering Why Bitcoin Adoption Is Taking So Long? It’s Because Most People Need To See for Themselves the Need for Bitcoin. Time and events are working in Bitcoin's favor.
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Forget Wall St., it's doomed. Bring us Africa, Asia, India, South America...
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"Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tost to me, I lift my lamp beside the golden door!" Bitcoin unshackles those who suffer under economic slavery. Submitted April 20, 2022 at 07:00PM by NiceDoctorBeam https://ift.tt/McadfO0
Setting up a mining operation with $2 million, is it worth it?
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Hi all, I'm sorry for the super noob questions: My brother would like to set up a btc mining operation using solar with tracking (meaning the solar panels tracks the sun), and is trying to raise $2 million in capital. Is this a worthwhile endeavour? He never uses Reddit so I figured I’d ask for him here. I've read many posts from people asking if it's still profitable to mine btc, and pretty much everyone says it's just not profitable anymore. But I assume that's for the average joe with a small budget. Please educate me, QAR Submitted April 21, 2022 at 05:33AM by QAnonRetard https://ift.tt/SZGyeOp
Houses might be getting more expensive in Dollars but...
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Daily Discussion, April 20, 2022
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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 April 20, 2022 at 10:06AM by rBitcoinMod https://ift.tt/mokqF80
Bitcoin-Backed Mortgages Are Coming. Here's What It Means For Buyers. - MarketWatch
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I used to think $1 million per bitcoin was a fantasy, now it seems highly logical and almost conservative.
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Many investors who previously had 5% of their networth in gold are allocating an additional 5% of their net worth to bitcoin. Investors are starting to allocate the same amount of capital to bitcoin as they have allocated to gold. Golds market cap risisng from $10T to $25T is a given during a period of high inflation and financial uncertainty, and if investors are allocating the same amount to both gold and bitcoin then theres nothing to stop bitcoins market cap also rising to $25T. That would mean a 25x rise from this point and price per bitcoin above $1 million. Investors simply allocating the same percentage of their networth to bitcoin as they do to gold in an inflationary environment could easily mean a bitcoin price above $1 million. Submitted April 20, 2022 at 02:00PM by slvbtc https://ift.tt/6LQkyro
RIP to my friends with birthdays coming up. (They already complain I talk about BTC too much)
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Mysterious Bitcoin Whale Accumulates Over $117,000,000 in BTC in Just One Week
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The third-biggest Bitcoin whale in the world has entered accumulation mode with huge purchases of BTC over the last week as the leading crypto by market cap hovers around the $40,000 mark. The whale is ranked number three but is the largest non-exchange entity and has accumulated 2,822 BTC in the past seven days, according to CoinCarp Bitcoin Rich Address List The new addition of BTC to the whale’s wallet is currently worth $117,144,042 and puts the value of their wallet at $5,202,214,689. Submitted April 20, 2022 at 06:27AM by jametothemoon https://ift.tt/vzDja6Y
Webull just sent me an email trying to explain why Bitcoin isn’t money lol
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Stop buying overpriced, finnicky, commercial metal seed storage solutions
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You can buy a pack of stainless steel cards and an engraving pen from amazon for $20-30 total and have multiple backups for a fraction of the price of one of these commercial solutions It's credit card sized, so it can easily and discreetly be placed in a wallet in a situation where you need to move it, cross a border, flee, etc. It can withstand a fire just fine. See: https://imgur.com/a/ytPQWWf All you need: https://www.amazon.com/s?k=stainless+steel+card https://www.amazon.com/s?k=engraving+pen And when you're done, you can use the pen to mark your house keys, tools, or whatever other gear. Alternately, go with the https://safu.ninja method and stick it in a capsule if you think it needs extra protection (it doesn't) https://www.amazon.com/s?k=edc+capsule , but I find the card form factor to be far superior. Good luck explaining what your giant chunk of metal is at airport security. Stop buying overpriced bullshit. Spend it on sats. Submitted April 19, 2022...
Bitcoin is Superior to All Other Payment Networks: Strike CEO, Bitcoin hodlers targeting $100K is what's preventing 40% price drawdown, data suggests - Yesterday In Crypto - April 19 2022
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The SEC Will Certainly Approve a Bitcoin Spot ETF, says Grayscale’s CEO
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It's sad that the new rich adopters are seen as experts by the media than the older adopters.
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When the media (both traditional and Internet based) want to ask experts to speak about Bitcoin, they invite people like Saylor and others from the world of finance like Belfort. However they don't invite the Bitcoin early adopters who did a lot of work to make Bitcoin what it is today and who understand it more than these noobs do. Even on Youtube a lot of the popular Bitcoin channels are noobs while the experts are neglected. Submitted April 18, 2022 at 10:46PM by busybeeback https://ift.tt/h0bUekC
Study finds investing in Bitcoin makes it a lot more likely to have a boating accident
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Russia finalizes bill on crypto, potentially accepting it as legal tender
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Here's why Bitcoin will always be a better store of value than gold. Remember Executive Order 6102 signed on April 5, 1933, by President Franklin D. Roosevelt to confiscate all of Americans' gold to finance his New Deal policies. Bitcoin cannot be confiscated.
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Maximalism in mainstream news: It’s time to start thinking of bitcoin as separate from the rest of crypto
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🔴$1,200,000,000 in Bitcoin Moved Out of Coinbase in Massive Daily Outflow🔴 “30,000 BTC flowed out from Coinbase today.” What are your thoughts?🤔
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Paypal robs Jerdani Kraja ( fashion designer / fitness influencer) of $100K USD and tells him he's shit out of Luck
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Is it just me, or did the Bitcoin 2022 conference really kind of suck?
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Not trying to be a Negative Nancy here guys, I swear. But this past conference, it just really felt weak and ineffective. Many of the guests really just wanted to talk about their company, or their book, or whatever project they were working on, and just kind of rambled on it. Far too much talk about crypto in general, and not really much about Bitcoin itself. Not a lot of macroeconomic analysis and commentary. Even the star-studded panel with Serena Williams/Aaron Rodgers/Odell Beckham Jr. was pretty cringey and awkward for a lot of it. Cynthia Lummis was really ramble-bamble-ish. Even the panel with Adam Back got stuck in the weeds with no roadmap out. And to top it all off, the Bull was missing his Balls. Last year, the 2021 conference had the WTF Happened in 1971 guys, Lawrence Lepard and a bunch of just really good, articulate presentations about economics and Bitcoin itself. This year it really kind of ran off track, IMO. What did you guys think? Is it just me or am I onto som...
Response from Mozilla's Donor Team, regarding Bitcoin donation.
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I’ve memorized my seed phrase and it was easier than expected
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I took 10 min to memorize the 6 first words, then, for the next few days, got my wife to regularly ask for a random entry until I felt really confident (super important to learn them in random order). Than added the next 6 words, etc. It was quite fun (I never take time to memorize anything anymore) and now I can be quite extreme with the storage of my physical seed, like casting it in concrete somewhere… Quite liberating. Submitted April 15, 2022 at 10:35PM by LiteratureUsual614 https://ift.tt/pXayL1A
Ou?! We are learning many new things everyday thanks to this shit media outlets
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out of the loop: Why are people moving their coins from exchanges to private wallets?
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$64,863.10 - that was the price of Bitcoin a year ago today. Although we're currently 38.3% down, there is some good news...
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Bitcoin held $50K until May 13 2021, then held $40K until the end of May. But from 20 May 2021 until the first week of August 2021, BTC largely traded in the low to mid-thirties for almost a three month period. Then a new climb began in the second week of August, from the low 40s to the high we saw three months later on 10 November: $68,789. Though this year has started off FAR worse than most of us anticipated, we're really not doing that badly all things considered (Conflict, Inflation, Regulation, etc). To put things into perspective, on 21 July 2021 Bitcoin hit a yearly low of $29,796.29 yet then managed to climb 130.87% to reach that $68,798 apex less than four months later. Will this year be the same .... or will it be better? Submitted April 15, 2022 at 03:19AM by sandygws https://ift.tt/4ISowRZ
How To Protect Bitcoin: Peter Todd (Lopp), Luke-jr, Bryan Bishop & Shinobbi Discuss Attacks on Bitcoin at The Bitcoin 2022 Conference
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CNBC reporter sent bitcoin over the Lightning Network from Miami to someone in Poland, who withdrew it as cash at a Bitcoin ATM in only 3 minutes.
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Research: Bitcoin Consumes Less Than Half The Energy Of The Banking Or Gold Industries
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With Power Comes Responsibility- Senator Warren doesn’t even know that Bitcoin has a finite supply
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Chancellor on the Brink: The UK is Getting Serious About Favorable Regulation & Taxation | USA vs City of London | Maybe This is Why Yellen Pivoted on BITCOIN Recently?
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With Power Comes Responsibility- Senator Warren doesn’t even know that Bitcoin has a finite supply
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The Lightning ecosystem. Almost all the stuff below row one has come in the last 12 months. Impressive.
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The crypto transaction bill being pushed through by Cynthia Lummis makes bitcoin transactions less than $600 no longer subject to capital gains tax reporting in the US.
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If this bill passes think about how that will change behaviour. You can sell your btc in bulk through exchanges and pay CGT, or you can spend your bitcoin at mcdonalds and walmart when you go shopping and pay zero tax. This is a pretty big deal. It will lead to a huge chunk of bitcoiners moving away from exchanges and just spending their btc whenever they need to. This would change behaviour immensely by financially incentivising people to move away from treating bitcoin as an investment on an exchnage to actually spending it as money. Big big deal for the US if this bill passes IMO. Submitted April 13, 2022 at 03:04AM by slvbtc https://ift.tt/1mq8E72
Changelly holding my rightfully owned bitcoin transaction of 42,000$
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I am sick to my stomach as I write this, haven’t slept in a day either. Changelly put a hold on my Bitcoin swap to usdt in the ledger live app and I am irate. I got ahold of them on support and went thru all the motions of verification and everything checked out and then they ghosted me! It’s been a couple hours now and I’m just getting more uneasy by the second and feeling like they will not return my funds. What should I do? What would you do in this scenario? Had I known the swap ledger used was changelly I would have never even attempted. Now I’m tired sad and depressed because of this and I’m really trying to resolve this as quick as possible! Please someone help or give me a glimmer of hope at this point I am desperate UPDATE: I got my funds back in a timely manner I am now blacklisted from using changelly which is totally fine by me. Please do not make the same mistakes I did it will cause you a great deal of stress!! Thank you everyone for creating some ruckus to get these fo...
If Bitcoin is decentralized and out of the hands of government control why would we want "regulation"
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Any idea why NASDAQ and BITCOIN are so closely correlated?
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Just like that, PayPal has convinced me to finally look into crypto!
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A dude YOLOs 300k and looses it all- Dont get rekt, be smart, dont go all in on 1 trade.
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Bitcoin just dipped 42k, should we be concerned?
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Short answer: no. If you were looking to invest in Bitcoin in the long-term, as most of us are, you should not be worried and you have nothing to fear. The 42k barrier is nothing and it will pass it again you just need a little patience. However, if you were looking to make a quick flip, you’re looking in the wrong place. Bitcoin is not a currency that you should buy and sell, it’s a coin you buy and hold. Learn this now and benefit later, if you were really looking for profits try investing in projects that are more recent and booming fast like everything within the Metaverse or the many projects within it like suku. But do not try to flip Bitcoin because it will burn you every time. Every time Bitcoin dips a little I start hearing people scream and panic, well, what did you expect? It’s a volatile market and prices will go up and down, if you didn’t know this then this might not be right for you. Just hold and wait, patience is key. Rushing will get you nowhere. Submitted Ap...
BITCOIN on TV Show BILLIONS: Entire Episode is About an Attorney General Trying to Get Access to a Billionaire's Bitcoin Cold Storage...were they successful? Watch
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Bitcoin is less and less volatile, making it more and more of a real currency
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I know we’re seeing Bitcoin go up and down a lot especially this week, but if you’ve been here for as long as I have you know that that is nothing compared to the moves we have seen before. We literally went from seeing moves like +30% in a day to seeing a +3% that scares everyone into buying. I think this is all good, Bitcoin needs some stability at last, Bitcoin needs that to settle down a little. Not merely of the fact because many people invest in it, but because this is what we need to move it into becoming an actual currency like Satoshi envisioned. And in case you haven’t noticed, currency aren’t that volatile (not that much anyway). Even investors are straying away from Bitcoin directly. Not because it is bad, but because their time and energy are rather spent on something a lot more volatile. Look at the Metaverse and how much attention it has generated, with people jumping on board every crypto projects that tries to incorporate within the Meta like Sand or Suku, investors...
Whats your advice to a 13 year old who cant really grind and stack and has FOMO?
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Like i see btc is gonna moon and always researching but my parents tell me focus on school so i wont be broke like them but also they think its a ponzi. I was doing jobs here for art but i have to get better and get a digital drawing setup A guy here said he would pay me double to do a ln tipping party then i tipped some out on a big tip party post i made then he gave a little then he said do more then ghosted me Submitted April 10, 2022 at 07:10PM by 10YOredditandbitcoin https://ift.tt/rWFXk86
STOP using ANY information coming from Digiconomist.net. Alex de vries works for the DUTCH CENTRAL BANK, 8+ years of propaganda under his belt.
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*This is all publicly available information, I just wrapped it up* He has a couple posts dating 8+ years ago with the same agenda, always trying to attack bitcoin, initially he tried undermining Bitcoin for Doge, now he is using false information and environmental "problems" as another attack vector, and now he has succeed massively. almost every singe article and discussions about bitcoin or crypto's "INSANE" energy use always redirect to the same false information, if it doesn't directly link to his website, it goes to another article which does, you can always trace it back. Spread this information around, this is really hitting Crypto mining hard with the propaganda and misinformation, NEVER believe in anything two good bitcoin magazine articles about this: THE DUTCH CENTRAL BANK'S MISINFORMATION CAMPAIGN WE NEED TO TALK ABOUT THE NOT SCIENCE BEHIND DIGICONOMIST Proof of his assignment: Dutch Central Bank his reddit accouts: u/doge_alex u...
If I had to do it all over again.. I would not have paid taxes on my " gains"
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Although every year I hire accountants and pay through the ass for paper gains, scams etc I wish I never paid taxes to begin with since I never really cashed out and now have to continually update any transactions in my tax year. I hate how the government takes and takes while it almost impossible to get by with the cost of living and inflation. I hate how much red tape their is in this space with such high risk and the government benefits by lining the public workers fat pensions. Just had to rant. I do not reccomend people in this space pay their taxes. Reporting is exhaustive, expensive and a WASTE OF TIME. Submitted April 10, 2022 at 07:14AM by Busy_Consequence_102 https://ift.tt/Wy8SAGU
Changelly KYC Scam - They are holding my $19800 BTC hostage
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Changelly is a “non-custodial” instant cryptocurrency exchange according to their twitter profile. https://mobile.twitter.com/changelly_team The only reason i trusted them is because they are listed as a trusted partner of Ledger and Exodus Summary about what happened - I tried to exchange 0.4349346 BTC ($19800) to 19740.61 DAI (ERC20) on April 4th. Exchange ID - q3pavhd2w7t6x591 Changelly deposit address - 3EToheb4cTMP59YW5AwmYFwmzE1z2myYC2 Image - https://picbun.com/p/XDSmueT8 That was 6 days ago. After several minutes, I noticed that my exchange is on hold and there was an alert telling me to complete KYC verification. I completed KYC verification soon as i could. Changelly uses a 3rd party KYC authentication service called Sumsub for this. Even after successful KYC verification through Sumsub, my exchange was still on hold. After a few minutes, another alert appeared asking me to contact security@changelly.com Image - https://picbun.com/p/lQdrSBh5 “I got a hold asking me...
Strike Announces Shopify Integration, Partnerships With NCR And Blackhawk Bringing Bitcoin Lighting Payments To Major Merchants
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Strike, a digital payments platform based on Bitcoin's Lightning Network, has announced a partnership with Shopify, an e-commerce platform. Strike CEO Jack Mallers announced at the Bitcoin 2022 conference in Miami that eligible U.S. Shopify merchants will now be able to accept bitcoin payments from customers around the world as U.S. dollars. Mallers, a Forbes Under 30 alum, also mentioned that Strike, based in Chicago, has teamed with NCR NCR, the world's largest point-of-sale (POS) supplier, and payments business Blackhawk. By leveraging the Lightning Network, a second layer built on top of the bitcoin blockchain that allows users to send and receive cryptocurrency quickly and cheaply by moving transactions off of the main blockchain, the integration provides an alternative to traditional card networks such as Visa V and MasterCard. According to Mallers, the service would be available to anybody in the world who has a Lightning Network-enabled wallet, which includes more t...
"It's time to check your financial privilege"- Bitcoin
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Many people don’t realise that 3% of sales could be 30% of take home profit for a merchant
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Jack Maller announced goods and services payment over Bitcoin lightning network which costs a lot less than the 3% fee Visa/Mastercard are charging merchants. Most people don’t realise that 3% of sale could be 30% of a merchant’s take home profit. For example: Sell a product for 100 dollars, making 10 dollars profit. A saving of 3 dollar (3% of 100) means a 30% increase in a merchant’s profit. I finally understand why buying goods (groceries, clothes, take away, taxi vouchers etc) on bitrefill with bitcoin comes with a few percent cashback. I thought they were just burning money for adoption at the beginning. It makes complete sense now, 1-2 small middlemen cost less than 3-5 corporate middlemen. This could be huge for merchant, and could “trickle down” to consumers as well if merchant want to share the savings to incentivise their customers to use this new payment rail. Update: Listening to Greg Foss now. Apparently - Credit card merchant fee in Canada is roughly 2.5% - Merchan...
63.4% of all Bitcoin has not moved in over a year, a new record.
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Understanding what is going on in El Salvador right now.
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Drain 401k to become a BTC whole coiner?
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I’m moving jobs to a new employer and cannot roll my current 401k over to the new company. I can either 1.) let it sit as is until retirement without additional contributions 2.) roll into an IRA and direct my own investments 3.) cash out and become a whole coiner (plus some extra satoshis) Thoughts on this? 26 years old making $100k year. I feel like this is a great opportunity to take advantage of current BTC levels prior to it reaching a price level where buying a whole coin is no longer an option. My only concern is obviously the 401k penalty and taxes associated with it..any advice as to how to make the best decision here? Edit: thanks for all the feedback and I’m glad this question fostered some good discussion! Submitted April 08, 2022 at 03:27AM by SirDrLeto https://ift.tt/T4DMrRP
BREAKING: Strike has officially partnered with Shopify
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Who’s at the Bitcoin conference? Stop by our booth (623) to chat and learn about mining!
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Game over.
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I have a wealthy friend who has built an online tutorial empire. His sizable business runs on global online payments via legacy rails. We lost regular contact the past year or so but recently we started talking again and bonding over bitcoin. He got spooked by banking and by inflation and has converted 90% of his (significant) fiat wealth to bitcoin. We talk bitcoin a lot now and as a former aeronautical engineer, he gets it. Very interesting to see a guy as successful and intelligent as him make the switch to a bitcoin standard. As we talked more about bitcoin, I started bringing up the Lightning Network. He had no idea what it was. I texted him and said: “download Muun wallet, go to lightning.store and buy something with satoshi’s from your Muun wallet.” He texted me 4 minutes later and his text just read: “Game over.” This is a man who knows and has used legacy / fiat payment systems to build a multi-million dollar online tutorial business. He is very familiar with what exists an...
Metal seed stamping. Is it ok to put 2 words on each washer. One word on the front and one word on the back of the washer?
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Are you as geared up as me today?
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I´m really hoping for some BIG news from the Miami 2022 Bitcoin conference today or on Friday. Either that Strike are supporting Bitcoin payments with Apple, or that another country is implementing Bitcoin as legal tender. What are you hoping will be released of significant Bitcoin news during the Miami 2022 conference? If anything. Submitted April 07, 2022 at 04:41PM by CryptoDApper https://ift.tt/5HyZep7
Someone on the panel actually suggested lifting the 21 M cap. Lmao
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"Grandpa, what was it like holding Bitcoin in the early days?" "Eh, it was a walk in the park. ;)" The park:
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This conference has been a giant salespitch for every coin but bitcoin. Fuck Bitcoin Magazine for allowing malicious actors on the stage and attack bitcoin and shill shitcoin scams!
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Michael Saylor on Bitcoin: "For the first time in the history of the human race, you can actually take possession of your wealth and take it to the grave with you or take it anywhere else on Earth with you. And even if I put a gun to your head, the most I can do is kill you; I can't take it."
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Nayib Bukele cancels his Bitcoin Miami speaking slot due to unforeseen circumstances in El Salvador
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Michael Saylor's MicroStrategy snaps up another 4,167 Bitcoin - worth $190 million
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Lightning Labs Raises $70 Million To ‘Bitcoinize’ The U.S. Dollar
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I just got hacked, someone sent btc from my wallet(exodus) First one is mine, I guess Im not the only one lol
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Central Banks on the Brink | Ray Dalio Explains How To Opt Out of Inflation While A Central Banker Can't Imagine How Bitcoin Can Help | Concern For Sri Lanka Grows Amidst Financial Crisis
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Ted Cruz introduces bill that would prevent the Fed from issuing CBDCs - Blockbulletin
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Satoshi Nakamoto listed his birthday as April 5, 1975 >>> If you are wondering what animated them to create Bitcoin: April 5 = FDR signed order 6102 making it illegal for Americans to own gold >>> 1975 = Americans could legally own gold again. >>> It’s all about about financial freedom!
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Glad to see this tiny ₿ make it till the end and great job to everyone that participated!
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In just over 18 months from now it will be 2024 and Bitcoin will have been around for 15 years. Thats the same amount of time as watching the internet evolve between 1989 and 2004.
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Bitcoin is mainstream now, the average person either doesn't recognise that fact yet or they are in complete denial. Over the next 18 months we will see seismic shifts in adoption. Nation states will be allocating to bitcoin en masse, every financial app and bank will be integrating with the lightning network, and bitcoin will trade closer to $1m than to $100k. The next 18 months between 2022 and 2024 will be a period looked back on and studied as one of the most interesting economic times in recorded financial history. Submitted April 05, 2022 at 03:51AM by slvbtc https://ift.tt/hTo7jma
I went to a party in Argentina last weekend. This is a $1000 Argentine peso, which is about $9 US dollars (and getting devalued more each day). This is why we Bitcoin.
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Michael Saylor: "The best way to understand Bitcoin is it's digital property for 8 billion people, and it's going to demonetize other forms of property in the same way that digital books sucked the information out of libraries... and the same way that digital music sucked the music out of CDs."
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This is why we Bitcoin - The Lebanese government announces the bankruptcy of the state and the Central Bank
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South Australia is now accepting Bitcoin (and other cryptocurrencies) to pay for fuel and in-store purchases
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We are getting this magic internet money wizard up at 1439.1657 Please lend a hand!
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I fell victim to the Trezor phishing scam
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Lost £55,000. Was not paying attention and was on autopilot, just doing what it said. Was arguing with my gf via Telegram at the time. Bloody hell. Convincing email, convincing site. Fake programme I downloaded was identical to the real thing. Hook line and fucking sinker. What a mug I am. Had been building up my BTC for seven years and lost it in a few minutes' utter stupidity. Amazing to hear Trezor was using MailChimp. More amazed that I fell for it: I thought I was savvy. Clearly not. Sad times, frens. I have become a Normie McNocoiner. :-( Edit: yes I entered my keys, because I'm a twat Submitted April 04, 2022 at 12:40AM by MrChaBuDuo https://ift.tt/xWSM0sF
Hyperinflation is confirmed in Germany: German food retailers to raise prices by 20-50% on Monday
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The price of grains has gone up. The feed animals gains so the price of meat, eggs, and dairy will go up next. Regardless of what leads to it 50% increase within a month is considered hyperinflation. Next will see people buying extra food to stockpile causing more shortages and continued increase prices. hyperinflation is here, only bitcoin can save us now. EU knew this was coming that is why they were trying to pass that law to ban self custody wallet withdrawals from exchange. To prevent capital flight from the fiat Euro. The euro will see hyperinflation. https://twitter.com/BNONews/status/1510680428587401219 Submitted April 04, 2022 at 12:47AM by hyperinflationUSA https://ift.tt/AeCqpGk
What if Apple Pay is about to let all of their users scan and pay to lightning invoices by integrating Strikes API.. That would change the game!
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What if Apple Pay is about to integrate strikes API so that anyone using Apple Pay can scan a lightning invoice and pay a lightning invoice using their Apple Pay account. This would make it so average people with nothing but a credit card and a bank account can pay lightning invoices. The Apple Pay user would scan the lightning invoice and Strikes API would turn their dollars into sats which would then be sent through the lightning network to the recipient. Right now Apple Pay users can only pay Visa and Mastercard point of sale terminals but with this integration Apple Pay users would be able to scan and pay any person merchant or bill on earth that uses a lightning invoice. This would mean an Apple Pay user who knows nothing about bitcoin could travel to El Salvador where everyone accepts lightning payments and they could pay for their goods and services by scanning a lightning invoice using their Apple Pay app. This would make it so someone with absolutely no bank account sellin...
Everybody talks about the final bitcoin being mined in 2140. However, Nobody mentions the fact that mining on this final bitcoin actually begins in 2104. Today, 6.25BTC is mined every 10 minutes. Keep stacking.
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With the `19 millionth bitcoin being mined yesterday, I've seen a lot of mentions of "only two million coins to be mined between now and 2140!" While yes, this is technically true, keep in mind that as of April 2039, 99.6% of all bitcoins will have been mined and be in circulation. bitcoin #21,000,000 will take 36 years to fully mine from sat #1 to sat #100,000,000. Submitted April 02, 2022 at 10:29PM by Aeriq https://ift.tt/fU6sGvO
Crypto Helps Ukraine Defend Itself Against Russia's Invasion
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I'M ALL IN: Bitcoin & The Exponential Age.
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Thesis: Bitcoin will forever be the currency of the internet. This write up will contain information about where we are in the world , the role Bitcoin will play in it, and most fun - Price Predictions! I've spent over 1000 hours trying to wrap my head around this revolution. Let's begin. The Internet has changed the world forever in such a small period of time. People forget the internet became a global sensation only in the 1990s , and look how far it's come. The entire WORLD now runs on the internet, and WILL continue to run on the internet. We are currently living in The Exponential Age at this point in history. Technology is evolving the world at a rate faster than ever before in HISTORY. Simply put, the world is moving at light speed. Shown in the graph below, the internet is the fastest developing idea/product in the entire world. The Exponential Age As a comparison, the distance of time between the creation of the Light Bulb and invention of the Interne...
Bitcoin is under 51% attack on r/place!! Rally the troops! WE ARE GOING TO WAR!!
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I'm Homeless. If Bitcoin hits 500K I am Retiring.
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I am homeless and I live in my car. I have had a kind of rough life. When I was young my father left and my whole family became homeless. For the past 5 years I have lived in my car and worked at the lowest paying dead end jobs. Right now I don't have a job. You may ask why and the reason is when you are working a dead end job that won't give you a raise you make more money quitting and taking a few weeks to find a job paying $1 more per hour. I can make enough to afford an apartment but because the rent price means they require 3X rent as your income... I don't make enough for that.... So I can't get an apartment. I have worked and quit and worked and quit and repeat. Right now My goal is to save up $30,000 and invest it in Bitcoin. That means if Bitcoin becomes 500K then I'll have $300,000... And I can retire with that in the Philippines. I can theoretically save $15000 in a year working while living in my car so I plan on investing ALL of it in Bitcoin. ...
The carbon footprint of Bitcoin and miners is decreasing
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All the attention and reprimanding from mass media has finally gotten to Bitcoin miners it seems and many are trying to make a greener world and attempting to decrease their carbon footprint. CoinDesk recently run a report on a Northern Italian small municipality using hydropower to mine Bitcoin. “The northern Italian regions bordering the snowy Alps are home to dozens of hydroelectric power plants in a range of sizes, thanks to the abundance of water and varying altitudes. TRENTINO, ITALY – Daniele Graziadei, the 37-year-old mayor of Borgo d’Anaunia, a small municipality in the northern Italian region of Trentino-Alto Adige, entered the 100-year-old Alta Novella hydropower plant with familiar ease. This year, under the leadership of Graziadei, Borgo d’Anaunia, home to around 2,500 people, became Italy’s first municipality to run a crypto data center.” In fact, this is not the only case of its kind. Another Swedish village has been using mining rigs to power the electrical rig too...
Michael Saylor: "You want to fix any company? Sweep all the cash flows into Bitcoin, convert the treasury into Bitcoin, borrow against your future cash flows and dollars and convert that into Bitcoin, finance all your fixed assets in dollars and convert that into Bitcoin."
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Fun With Numbers: MicroStrategy already owns more Bitcoin than will be mined over the last 100 years of mining
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This guy was offered to spread FUD. He did the right thing and said no. Remember to do your research and use valid sources. A lot of people out there don’t want bitcoin to succeed.
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