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Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
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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.
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Monero: the secure, private, untraceable currency

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Coinbase's CEO Brian Armstrong is a hero for not making Bitcoin about race

It started back in June, amid the nationwide protests over the death of George Floyd, when Brian Armstrong, the company’s extremely introverted cofounder and CEO, was asked a question at an employee town hall about why Coinbase had not shown public support for the Black Lives Matter movement. Armstrong declined to give a clear answer, according to crypto news site The Block, and his avoidance resulted in a virtual walkout by “hundreds” of Coinbase’s 1,100 employees on June 3.
In response, Armstrong has made Coinbase's mission clear: it's not political. He has given severance packages to employees who disagree. And this, I believe, is how any business ought to be run. If you want to make *everything* political, you should join a political party. Corporations and businesses are not political. It's no different from the separation of Church and State. You ought to separate business from political, especially the feverish social-justice-warrior kind.
I think Armstrong deserves some goddamn respect for having a spine.
FYI- Bitcoin isn't about race. It isn't a "white supremacist" technology. Most Bitcoin miners are living in China. It's a global asset. Inventor Satoshi Nakamoto specifically designed Bitcoin to be able to process transactions on slow third-world internet connections (and it does work in Africa, and India, too). Bitcoin was always, first and foremost, a *human* technology, for everyone to use to avoid financial censorship.
Insurgent employees trying to blackmail their own CEO into making everything about race IS NOT OK.
submitted by iamnobodysfriend to Bitcoin [link] [comments]

'Lack of strong privacy guarantees are bitcoin's biggest weakness. Making private bitcoin usage easier, more accessible, and more effective would make bitcoin even better money and as a result should lead to an increase in adoption and therefore price.' - Matt Odell

'Lack of strong privacy guarantees are bitcoin's biggest weakness. Making private bitcoin usage easier, more accessible, and more effective would make bitcoin even better money and as a result should lead to an increase in adoption and therefore price.' - Matt Odell submitted by dEBRUYNE_1 to Monero [link] [comments]

Can we make Bitcoin blocks bigger if we have more advanced technology which everyone could afford?

submitted by ff20001000 to BitcoinBeginners [link] [comments]

Climate change could make Bitcoin mining even worse for the environment.

Climate change could make Bitcoin mining even worse for the environment. submitted by Digiconomist to Buttcoin [link] [comments]

What makes Bitcoin a good long-term investment?

I am a total beginner and very late at this Bitcoin party so please hear me out.
Bitcoin is currently around 10-11k USD. Expensive. But isn’t Bitcoin EXPENSIVE due to the hype also? Without the hype I don’t see much why it would be worth 10k USD 🤷🏻‍♂️
I also read that Bitcoin transactions are slow as hell to be implemented as a practical internet currency?
So, what are some solid reasons that Bitcoin may be a good investment for the long term? Apart from not being affected by the inflation? Which also is only a good point IF Bitcoin can be well implemented i guess?
Thanks, - Total Beginner.
submitted by WhereWeLieDead to BitcoinBeginners [link] [comments]

Reminder that CashFusion is amazing, and it makes Bitcoin Cash the only coin with easy and affordable privacy, that is accepted at more than 100,000 merchants around the world.

Reminder that CashFusion is amazing, and it makes Bitcoin Cash the only coin with easy and affordable privacy, that is accepted at more than 100,000 merchants around the world. submitted by MemoryDealers to btc [link] [comments]

Wrapped Bitcoin on Ether makes me think about putting two mirrors in front of each other and then looking into each mirror and the infinite path you see... Does Bitcoin make Ether stronger? Does Ether makes Bitcoin stronger? Do they both make Crypto stronger? Just another day on planet Crypton...

Very cool to see what is happening. $1B worth of Bitcoin is now locked on Ether. Easy to see how that might make the Ether blockchain more valuable.
Will all of the blockchains will be interoperable and allow the citizens of each blockchain to trade freely with each other in due time?
Crypto is redefining value and money. It's becoming its own planet. Bitcoin definitely feels like the core that is the fundamental energy source that allows life to flourish on Crypton... now Ether and the other alt-coins are building applications on top of that Core..
The only thing I will predict is that in 5 years, no one has any idea what will happen, but Crypto will continue to challenge are beliefs and assumptions about human civilization.
The future is bright.
submitted by the420chronicler to CryptoCurrency [link] [comments]

Finished The Bitcoin Standard two days ago. It explores the history and mechanics of money as well as explains the properties which make Bitcoin so damn awesome. Highly recommended.

Finished The Bitcoin Standard two days ago. It explores the history and mechanics of money as well as explains the properties which make Bitcoin so damn awesome. Highly recommended. submitted by Falciani to CryptoCurrency [link] [comments]

@FortuneMagazine: A new crypto debit card from @Coinbase could help make Bitcoin part of mainstream shopping, writes @JeffJohnRoberts. https://t.co/zsfJOgSpF9

@FortuneMagazine: A new crypto debit card from @Coinbase could help make Bitcoin part of mainstream shopping, writes @JeffJohnRoberts. https://t.co/zsfJOgSpF9 submitted by -en- to newsbotbot [link] [comments]

A $10B Firm Makes Bitcoin Its Primary Treasury Asset

A $10B Firm Makes Bitcoin Its Primary Treasury Asset submitted by flacciduck to CryptoCurrency [link] [comments]

~$850 to make Bitcoin history. (x-post from /r/Cryptocurrency)

~$850 to make Bitcoin history. (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How ScryptCube Makes Bitcoin and Crypto Mining Easy

How ScryptCube Makes Bitcoin and Crypto Mining Easy And Accessible For All https://upload.news/38pxy4
submitted by GaryPalmerJr to MintingCoins [link] [comments]

A $10B Firm Makes Bitcoin Its Primary Treasury Asset

A $10B Firm Makes Bitcoin Its Primary Treasury Asset submitted by a36 to AllThingsCrypto [link] [comments]

A $10B Firm Makes Bitcoin Its Primary Treasury Asset (x-post from /r/Cryptocurrency)

A $10B Firm Makes Bitcoin Its Primary Treasury Asset (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Governments Can Not Kill Bitcoin, and if They Tried, It Would Only Make Bitcoin Stronger

Governments Can Not Kill Bitcoin, and if They Tried, It Would Only Make Bitcoin Stronger submitted by sylsau to Bitcoin [link] [comments]

Governments Can Not Kill Bitcoin, and if They Tried, It Would Only Make Bitcoin Stronger

Governments Can Not Kill Bitcoin, and if They Tried, It Would Only Make Bitcoin Stronger submitted by sylsau to CryptoMarkets [link] [comments]

10-11 20:26 - 'man I don't understand any of this. just make bitcoin 100k usd so I become rich.' by /u/PashaBiceps__ removed from /r/Bitcoin within 477-487min

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man I don't understand any of this. just make bitcoin 100k usd so I become rich.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: PashaBiceps__
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Make bitcoin while browsing the web https://get.cryptobrowser.site/8369651

submitted by KennethBrownIII to FreeKarma4U [link] [comments]

How to make bitcoin mainstream

Now it is a well known fact that money is any commodity which has durability, portability, divisibility, uniformity, limited supply, and acceptability. Now bitcoin has all these functions except for the last one which is why more banks and financial institutions don't readily recognize it as such. The question I would like to address to my fellow crypto currency enthusiasts, is how can we make bitcoin widely accepted? What would it take for such a massive change to happen? Well, in my opinion, firstly we would need it to be widely accepted and as widespread as credit cards and the political red tapes should be immediately removed. Perhaps every account on the blockchain should have kyc but that would eliminate one of the goals of bitcoin for helping users stay anonymous. Other than that, the most effective way could be to have more sources of entertainment for bitcoin online such as decentralized online casinos (an example being EarnBet), an online video streaming service (like netflix) but its goal should be for educating the public about bitcoin, documents on bitcoin, how it was created, more about its creator and more importantly for the future of Bitcoin. If this site would be streamed every where on the planet, I'm sure Bitcoin would easily be worth a trillion bucks and since it would be worth more, perhaps its volatility would be reduced resulting in a reduced need for people to sell bitcoin when they would need to purchase any commodities or assets. Imagine paying for your house via bitcoin, I for one would love that. If you were the finance minister of U.S.A what steps would you take to promote bitcoin, aligning to its fundamentals and goals for which it was built for and simultaneously cutting down on money laundering, terrorism, etc in a way that would promote and foster the country's economy?
submitted by Abdul0287 to btc [link] [comments]

How does bitcoin work, what makes bitcoin work, what is the blockchain, what makes the code work, why are miners needed?

submitted by Risklotrman to AskReddit [link] [comments]

This is messed up bruh I been using cashapp for 3 years yall ban me for making Bitcoin purchases? I don’t get it lol. And your directions to withdraw the rest of my money don’t work it says card not supported.

This is messed up bruh I been using cashapp for 3 years yall ban me for making Bitcoin purchases? I don’t get it lol. And your directions to withdraw the rest of my money don’t work it says card not supported. submitted by TempOfficial to CashApp [link] [comments]

This makes Bitcoin appear inexpensive

The cryptocurrency market has entered the final quarter of the year and the anticipation in the market for a price swing has been high. The Ethereum market didn’t just want to witness a boost in the price but also demanded a decrease in the network’s transaction costs. However, after looking into the hype-driven ETH market, […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

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Imagine if instead of having to buy Bitcoin, you could easily make money with Bitcoin. That’s exactly what you will learn in this guide.. Back in the day, people used to earn OVER 5 BTC with just 1 click in so-called “Bitcoin faucets”.. If you want to learn about Bitcoin faucets and 16 additional ways to earn Bitcoin, t hen you’re in the right place. Instant registration of a bitcoin wallet. How to create a bitcoin wallet (btc)? To create a bitcoin wallet (btc) - just enter your e-mail and password. And you will get a Bitcoin wallet for free and instantly. But before that, make sure that you are on the official website https://bitcoinofficial.org Make Bitcoin Us Servers are ready! BTC Address. BTC Target 0.1 BTC. Session created on , this process cannot be stopped, please check your Bitcoin address before confirming. CANCEL CONFIRM. HOLD ON! Remember this! This platform works in all countries of the world!🌎 You can use it from your mobile or desktop device, on any Android, Windows, iOS and Mac OS operating system (📱🖥️ ... Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. However, there is a way to make money mining Bitcoin without moving to China to set up a mining farm. With the recent drop in Bitcoin price from the $11,000-handlle to the lower $ 8,000’s, many mining companies are going broke that bought equipment at prices above the $10,000-handle. As a result, you can find second-hand mining rigs, with plenty of service life, for auction prices on sites ...

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How to create a bitcoin wallet Beginners Tutorial BTC ...

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