Bitcoin - Open source P2P money

Bitcoin, but serious.

A subreddit for those serious about bitcoin! Less crazy, more awesome! Analysis welcomed/encouraged. We will try to keep the circle jerking to a minimum. Blogspam (etc) will probably be removed, but that's at mod discretion; since it's obviously a grey area. mod logs are public: https://modlog.github.io/#/BitcoinSerious
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. 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 the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Bitcoin Cash: Peer-to-Peer Electronic Cash (BCH)

Bitcoin Cash (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
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What is Bitcoin for J.K Rowling

What is Bitcoin for J.K Rowling submitted by Superguy795 to cardano [link] [comments]

"What is Bitcoin for?" - underrated tweet

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What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to bitcoin_uncensored [link] [comments]

What is bitcoin for you?

Greetings Hodlers! It is in my best interests to know how the bitcoin community would like to see crypto evolve. I am part of a small new startup and would really appreciate your feedback :)
  1. How do YOU see crypto today? As a mode of payment? As a long term investment?
  2. Would you use crypto on a regular basis, if you could be sure that you could safely carry some around and conveniently spend your digital assets?
  3. Any personal experiences with bitcoin or any other cryptocurrencies are welcome! Personally, I settle debts with my friends in crypto sometimes it's fun for me to use crypto today. I strongly believe that we need a global currency as our world grows closer and I'm in it till the very end. What's your story? Eager to hear from you all!
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What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to BitcoinTechnology [link] [comments]

08-08 07:43 - 'What is bitcoin for you?' (imgur.com) by /u/DesignerAccount removed from /r/Bitcoin within 530-540min

What is bitcoin for you?
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unreddit undelete link
Author: DesignerAccount
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What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to EducativeVideos [link] [comments]

What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to Bitcoin [link] [comments]

What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to btc [link] [comments]

What is Bitcoin For Beginners

What is Bitcoin For Beginners submitted by MauriceKenny to Crypto_Currency_News [link] [comments]

For those who dont know what is bitcoin for:

It’s borderless. You could go to any country and use it.
It is safer to carry bitcoins than to carry cash, especially if you bring a large amount of money or if you’re travelling to a country with higher crime rates. Bitcoin is easy to exchange to major local currencies, if you plan to travel to multiple countries and wish to avoid the hassle of exchanging money. The Bitcoin Traveler does just this
If the establishment doesn’t accept bitcoin payments, sell your bitcoins (through LocalBitcoins) or withdraw your money from ATMs with the help of payment cards.
It’s not subject to the whims of a government. The supply is constant and the price is determined by free market demand.
Secure store of value.
This use case is crucial in environments where citizens cannot trust that institutions will be responsible stewards of their hard-earned money. Consider the tragic case of a country like Venezuela, where individuals’ property and savings can be confiscated by authorities through law or inflation. Many Venezuelans are unfortunately unable to access traditional forms of exit such as emigration or stealthily accruing more stable sovereign currencies. With cryptocurrency, more Venezuelans have an alternative: They can opt to purchase or mine a secure store of value that cannot be confiscated or inflated away by their government because they alone control their private keys. (Indeed, cryptocurrencies are especially popular in Venezuela for precisely this reason.)
Smart contracts.
For example, let’s say that Alice would like to gift her granddaughter, Erin, with a sum of money upon her 18th birthday. Today, Alice’s option is basically to hire a lawyer to create a trust that will hold the funds and disburse them on the appointed date. Being a technologically-savvy grandmother, however, Alice knows that she can simply program a smart contract to do the same thing without having to employ an intermediary. Alice creates a cryptocurrency wallet for herself and another for her granddaughter Erin. Alice sends the equivalent of $10,000 to her wallet and programs a smart contract. The contract is set up so that on the day of Erin’s birthday—let’s say January 3, 2027—the contract will automatically move the funds from Alice’s wallet directly to Erin’s, where she will have complete control of those funds. Once Alice sets the transaction in motion, she no longer has access to the funds, just as if she had created a trust. (it works also for inheritances)
It’s banking the unbanked. You can bypass the traditional banking system, avoid surveillance, and get rid of hefty fees.
Cryptocurrencies remove the need to rely on this trusted third party to make a transaction. In effect, a cryptocurrency replaces a third party like Bank of America or PayPal with the network itself, which is managed by a distributed web of computers all across the world. This means that Alice can make a payment online directly to Bob whenever and wherever she wants, without needing to introduce another party which may be cumbersome or expensive. This also means that people without access to banking services can now take part in digital commerce.
Programmers, developers, online teachers, designers and anyone who can do online work can benefit from this bitcoin advantage, especially in poorer countries where most people can not access international bank accounts.
Bitcoin has no risk of credit card fraud or credit card chargebacks,
Compared to traditional payment methods, bitcoin is an attractive prospect for business owners, Bitcoin has no risk of credit card fraud or credit card chargebacks,This is a huge problem for the travel industry because the payments are often large.
For example, many European or American online stores block or avoid receiving credit card payments from Africa because of the fraud risks, with bitcoin, online stores could accept purchases from customers from Africa without chargeback risks, both parties win, the Buyers can access the merchandise and sellers can sell without risk.
Based on Tim Drapper speech
submitted by raftoni to Bitcoin [link] [comments]

What is bitcoin for you? /r/Bitcoin

What is bitcoin for you? /Bitcoin submitted by cryptoanalyticabot to cryptoall [link] [comments]

What is Bitcoin for, in the grand scheme of evolution?

The main usefulness I see to BTC is that it makes the artificial Monopoly game that we've been playing a little more natural. With Bitcoin, the individuals in power can't arbitrarily increase their own point score as they can with national/corporate banking currencies (interest rates, creating debt). With Bitcoin, one can only ever have a set fraction of the whole without actively doing some kind of direct work or trade. This is a more natural reflection of a system's value. If we assign one point to every atom of material good, and one point to every watt of energy (or whatever measurement we chose), then we can quite literally assign a number value to EVERYTHING in the universe, if we really wanted, and the overall number would never change (we're talking about the laws of thermodynamics here). The values would just move around the system, with some collecting over here, and some collecting over there, and there being almost none in the space between.
Now, Bitcoin isn't trying to do that, obviously, but it's certainly closer than fiat currencies, or even ones based on only a single material (e.g. gold). And that seems like a useful element that has evolved. This is the blockchain more than Bitcoin. But Bitcoin is the first really popular use case, and it's how we're testing it out in the messy world of a planet full of humans doing whatever they want.
I think were going to see Bitcoin as a meme split somewhat soon into it's two most useful elements:
  1. As a revelatory lesson in the uselessness of assigning arbitrary/emotional quantified values to life. EVERYTHING is valuable, not just some things. My apple is inherently no more or less valuable if I picked it off a wild tree in a field or if I picked it out of the grocery store produce bin. But we have been conned into thinking there is a difference in value. (We're not including the complex variables of quality or how much effort goes into collecting each here, just the hypothetical inherent "appleness" of the two apples.) Bitcoin is showing us how arbitrary and unrealistic currency has been when it comes to assigning value to life. Right now Bitcoin is half natural (in using fractions of the whole to represent the fractions of resources that exist in the system) and half unnatural/artificial (not actually representing the vast majority of the resources in the system in any objective way whatsoever). The half unnatural element will be recognized and removed, and added to the history books as "what didn't work", along with all the other bad ideas for how to live in a complex system with diverse individuals.
  2. As a resource tracking tool, literally keeping track of the real materials and energy that exist in a system (the planet, the solar system, a spaceship, whatever) so that we can more easily move things from where they are offered/unused to where they are wanted/useful. This tool needs to be tested and perfected as much as possible before being used in a serious way. It needs to be made far more efficient and effective than it is now, obviously. So we need to play with it in what is currently more of a sandbox or game mode. In the end it will combine with some other current meme, to become something else new and improved.
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What is bitcoin for you? /r/Bitcoin

What is bitcoin for you? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

What is Bitcoin for, in the grand scheme of evolution? /r/bitcoin_uncensored

What is Bitcoin for, in the grand scheme of evolution? /bitcoin_uncensored submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

What is Bitcoin for, in the grand scheme of evolution? /r/bitcoin_uncensored

What is Bitcoin for, in the grand scheme of evolution? /bitcoin_uncensored submitted by cryptoanalyticabot to cryptoall [link] [comments]

For those who dont know what is bitcoin for:

For those who dont know what is bitcoin for: submitted by raftoni to btc [link] [comments]

For those who dont know what is bitcoin for: /r/Bitcoin

For those who dont know what is bitcoin for: /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

"What is Bitcoin" for dummies - A simple, non technical explanation for beginners

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Every one choose what is Bitcoin for them!

I heard this from Andreas Antonopolous first time 2 weeks ago. And at the moment is didn't understand it deeply enough.
Now I feel it.
We are all Satoshi ! ( other than Graig Wright)
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What is Bitcoin For? (Reflections on a James Hudon Blog)

What is Bitcoin For? (Reflections on a James Hudon Blog) submitted by ArtofBlocks to Bitcoin [link] [comments]

What is Bitcoin??? For all the details about bitcoin please watch it

What is Bitcoin??? For all the details about bitcoin please watch it submitted by sabhari05 to u/sabhari05 [link] [comments]

What is Bitcoin? - YouTube Bitcoin explained and made simple  Guardian Animations ... Bitcoins Erklärung: In nur 12 Min. Bitcoin verstehen ... What is Bitcoin Cash? - A Beginner’s Guide - YouTube What is Bitcoin? Bitcoin Explained Simply for Dummies ...

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin-Wallets enthalten einen geheimen Datenblock der privater Schlüssel oder "Seed" genannt wird. Er wird verwendet, um Transaktionen zu signieren, wodurch der mathematische Beweis erbracht wird, dass sie vom Eigentümer der Wallet kommen. Bitcoin (Währungskürzel BTC) ist eine digitale Kunstwährung. Sie wird momentan hauptsächlich bei einigen Online-Diensten akzeptiert. Da es sich bei Bitcoins nicht um ein gesetzliches ... Wissenswertes über Bitcoins Unser Bitcoin Chart zeigt Ihnen den aktuellen Bitcoin Kurs in Euro (Kürzel: BTC und XBT) sowie die Bitcoin Kursentwicklung (Bitcoincharts).Wenn Sie Bitcoins kaufen möchten, können Sie sich hier anmelden.In unseren Bitcoin.de FAQs und in unserem Tutorial "Mein erster Bitcoin" erfahren Sie, wie Sie Bitcoins verkaufen oder kaufen können. Bitcoin ist die derzeit wohl bekannteste digitale Währung. Außerdem ist der Bitcoin die erste Kryptowährung, bei der Methoden der Verschlüsselung erfolgreich angewandt wurden, um ein sicheres ...

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What is Bitcoin? - YouTube

The most watched Bitcoin introduction video ever. Updated in April 2014, this video explains how bitcoin works and the importance of this paradigm shifting t... Kamea Aloha Jr. is the The "Crypto Coin Kid" explains in simple terms what BITCOIN and CRYPTOCURRENCIES are and how to use it! He teaches what digital money,... Support our channel by using the Brave browser, browse up to 3 times faster, no ads, get rewarded for browsing: http://bit.ly/35vHo0M Bitcoin Cash was create... Bitcoin für Anfänger einfach erklärt! [auf Deutsch] Bitcoin-Börse (erhalte 10€ in BTC) https://finanzfluss.de/go/bitcoin-boerse *📱 Sicheres Bitcoin-Wallet... Learn about Bitcoin with the most watched Bitcoin video. More information: Start Guide - https://www.weusecoins.com Mining Guide - https://www.bitcoinmining....

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