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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no one in charge of bitcoin and it is made up of willing participants. Bitcoin gives you the option to be your own bank.
Make a quick dollar, or find something to spend it on.
Do you need a quick buck? Need twenty minutes of someone's time? If so, this is the subreddit for you! It's an unprofessional, quick service for jobs a bit too hard to be free, and a bit to low effort to be professional.
Just remember that your home should not be viewed as an investment or a savings vehicle. It costs significant dollars to own and maintain a house. Therefore, the majority of one's wealth should not be tied up in housing. Buy Bitcoin instead and rent your home.
Costs to own and maintain Bitcoin and a full node are negligible compared to the costs of owning and maintaining a home.
Just remember that your home should not be viewed as an investment or a savings vehicle. It costs significant dollars to own and maintain a house. Therefore, the majority of one's wealth should not be tied up in housing. Buy Bitcoin instead and rent your home. (x-post from /r/Bitcoin)
07-06 21:05 - 'Man get out of the past. That is like saying bitcoin still has 175 dollar transaction fees. That’ll be one of your biggest regrets in life. Ethereum Layer two solutions are putting lightning to shame..' by /u/iambabyjesus90 removed from /r/Bitcoin within 245-255min
Peter Schiff thinks Bitcoiners want/need to sell BTC for USD to lock in “profits”. That’s what he doesn’t get. Most Bitcoiners never want to sell their BTC back for USD. I guess goldbugs plan on cashing out for dollars one day?
What’s the point of hedging against monetary collapse if your end game is to sell back into the currency (USD) that is collapsing??
Dark web crypto use has grown exponentially, garnered more than a quarter of a billion dollars in bitcoin units during quarter one of this year. This is miles higher than the mere $87 million that was garnered in 2017.
05-02 10:14 - 'Please open an excel sheet and put in that 1% profit a day for some periods, 1 month, that 6 months, one year, 10 years and for shit and giggles 50 years. / Start with an input of 1 dollar, try 20 dollars next is 100 dollars and...' by /u/Btcyoda removed from /r/Bitcoin within 2-12min
''' Please open an excel sheet and put in that 1% profit a day for some periods, 1 month, that 6 months, one year, 10 years and for shit and giggles 50 years. Start with an input of 1 dollar, try 20 dollars next is 100 dollars and for the ultimate shit and giggles 1000 dollars. If that doesn't answer your question and isn't a lesson for life, I can't help you. And for your info, Musk nor anybody else will double your Bitcoin either. Sorry life is just not funny if you expect these things to actually happen... ''' Context Link Go1dfish undelete link unreddit undelete link Author: Btcyoda
**DOLLERO NEWS** The author of the bestseller Rich Dad, Poor Dad: Dollar is about to die, buy gold, silver, and bitcoin...He is one of the best known and most successful financial advisors today. His views on the current situation are noteworthy 📚🧐 more in the article... ⠀ #dollero #news #crypto
My daughter just informed me that someone told her "#Bitcoin is a worthless scheme" & that the US dollar has, quote, "one 'brick' of gold in a vault for every dollar there is."..There's so many things wrong with both of these statements that all I can do is sit here and facepalm
Bitcoin Premium Develops in Chile, Adoption Spreads in Colombia Amid Global Protests. They say the dollar rate in ordinary markets is 800 Chilean Pesos (CLP) to the dollar. Their analysis of the dollar rate in bitcoin crypto exchanges and markets, however, concludes one dollar is worth 830 CLP.
Who Gave Neo-Nazi Publisher Andrew Anglin A Large Bitcoin Donation After Charlottesville? An anonymous bitcoin wallet moving millions of dollars in cryptocurrency, according to one security researcher.
Mt. Gox, one of the oldest and largest crypto-currency exchanges is now refusing to release millions of dollars in funds and thousands of Bitcoins that were deposited by investors. These guys flew across the world to Japan to demand answers. Let's make sure their trip wasn't in vain Reddit.
Will Bitcoin prevent this? =>Goldman Sachs is facing one of the most significant scandals in its history, a multibillion-dollar international fraud
Seeing so many big banks getting fined for helping money laundering. Was reading some articles about the 1MDB situation and Goldman Sachs. Thinking if Bitcoin could prevent this. Whats your view?
Federal prosecutors filed criminal charges on Thursday against a Malaysian financier and two former Goldman Sachs investment bankers who helped raise money for a Malaysian government investment fund from which about $4 billion disappeared. The charges could put pressure on Goldman - the primary bond underwriter for the fund at the center of the case, 1Malaysia Development Berhad, or 1MDB - to reach a potential settlement with the federal authorities. The alleged misappropriation of billions of dollars from the 1MDB fund has become the focus of an international scandal reaching from Malaysia to the United States to Hong Kong.Until recently, the investigation had mainly focused on allegations that Mr. Low misappropriated billions of dollars from the 1MDB fund.
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