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Now it is easy to understand Bitcoin.

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r/Bitcoin

Daily Discussion, May 16, 2024

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.

Please check the previous discussion thread for unanswered questions.

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Historically accurate
https://redd.it/1cswcoa
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Seems to be a strategy...
https://redd.it/1csqm42
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Bitcoin fixes this
https://redd.it/1csufx7
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Paper hands always lose!
https://redd.it/1cskz4u
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Me right now
https://redd.it/1csmurx
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Sold apartment for bitcoin

...Now my landlord is not happy. What should I do?

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Bitcoin Optech Newsletter #302
https://bitcoinops.org/en/newsletters/2024/05/15/

https://redd.it/1cshzgh
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Bitcoin Lightning payment from NYC to Dublin through a Stargate Portal [X] 🤙

https://redd.it/1cpfefy
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Serious Question

Is Bitcoin even more dividable than Sats?
Like Millisats?

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Finally made it

https://redd.it/1cp87qq
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insurer massmutual invests 100-million in bitcoin

https://www.bloomberg.com/news/articles/2020-12-10/169-year-old-insurer-massmutual-invests-100-million-in-bitcoin

https://redd.it/1cp4w7t
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Improve Your Self-Custody With Passphrase TimeLock Encryption!

https://karma-x.io/blog/post/26/?=reddittl

https://redd.it/1coz1aj
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Feeling McTroubled?

Have you looked at the menu recently? Bitcoin fixes this:

https://www.youtube.com/watch?v=6OasCaT2qTA

https://redd.it/1corqvu
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If You Become Rich

I'm not saying any of us who haven't invested multiple hundreds of thousands in Bitcoin right now will become rich any time soon. But if any of you got rich off crypto, besides trying to make more money and business ventures, what is the dream that you guys are chasing?

I'm personally a 33 year old failure who is a returning student who can barely keep a job. I'm living with my mom. I'm'm not good at anything really. Don't have any savings. Not married, no kids. Besides teaching English abroad I don't have many career prospects. I think being rich would change a lot for me.

https://redd.it/1ct1fk9
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Bitcoin Self-Custody Enshrined As a Right In Oklahoma
https://decrypt.co/230962/bitcoin-self-custody-right-law-mining-oklahoma

https://redd.it/1ct1jq2
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Bitcoin will be LEGAL TENDER in Suriname in a few months 👀👀 — Maya Parbhoe (Suriname Presidential Candidate) on THE Bitcoin Podcast

https://redd.it/1ct0jrj
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If the banks are no longer required to reserve even 1% of our cash, what would a bank run look like in 2024?



https://redd.it/1csv139
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My 1st Post: CFO at a custom machine shop, finally got approval to add Bitcoin to the Balance Sheet.

Didnt know where I could go to type this so here it is. I am going to start out small, adding one coin to the balance sheet intially, then adding monthly amounts based on free cash flow.

​

That is all!

Pretty pumped about all this.

https://redd.it/1css20h
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Hmmm
https://redd.it/1cslcop
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NEW: Coinbase's Bitcoin reserve is currently ~267K BTC, down from 418K BTC in early 2024.
https://redd.it/1csmxmr
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Bitcoin’s Hashrate Declines as Miners Adapt to Life After the Halving
https://bitcoinnews.com/mining/bitcoin-hashrate-post-halving

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The "Bitcoin check," launched exactly 12 years ago. They had a holographic scratch-off private key and cost 0.006 BTC apiece.
https://redd.it/1cpg8gr
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For 4 years Bitcoin has been leaving exchanges.

https://redd.it/1cpf2bd
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Daily Discussion, May 11, 2024

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.

Please check the previous discussion thread for unanswered questions.

https://redd.it/1cpambd
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If you need good news to start buying or holding your BTC, you probably shouldn't buy BTC in the first place

I see many people posting positive news like Bank X, Bank Y investing in Bitcoin ETFs, or ETFs in Hong Kong and China...

Honestly, if we keep relying on this kind of news, we will never be able to invest better.

What is your belief? Do you wait for others to confirm things for you before you dare to act?

People will come and go. Only you will forever walk this path. Don't wait for something good to happen before you start moving. That would be too late.

Instead of feeling happy when a bank or organization buys Bitcoin, just ignore them. If you're only happy because of that news, what will you do when they leave? It's best to ignore them and invest as usual based on your own belief.

Otherwise, you're just someone who buys Bitcoin to sell for a profit, a speculator with no real belief in Bitcoin.

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I hope one day BTC is sold as sats.

Large companies often split shares to lower share price (the amount owned remains the same).


there is a psychological barrier to large sums of money. We all understand that you can buy 5$ of bitcoin, but for the regular normie seeing 60-70k for "one bitcoin" seems unobtainable. I think ETFs helped in a sense by selling shares under 100$, but I one day hope bitcoin is advertised and bought as sats, which is far easier to mentally digest than the price of a new low end corvette just to have "one bitcoin".

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Travelling Across the US on 1.5 million Sats

Hey guys,

So I have a job opportunity that is bringing me across the US and im wanting to do it all with Bitcoin! (HODLer Maxi)

But I've been a HODLer for a long time, and would like to begin testing Bitcoin's use for Travel.

But I need help..

Im currently using Strike, and have tested the withdraw option and it takes 2-3 days to reach the bank ccount.. Which is a lot of time if money is needed..

Also created a Bitrefill account, and tested out the amazon gift card option flawlessly..

But here is the catch! How do i get gas? How do i not use a CC for Hotels?

Is it possible to buy groceries without online Purchases?

Im traveling from East coast to West Coast, and if there is a comprehensive way to organize the trip out.. Id be very thankful!

Just need to smooth out the full liquidity of utilizing Bitcoin, and overcome the technical obstacles to be able to..

Buy Gas,
Pay for Hotel night stays,
Purchase food/restaurants uses..
Any potential car issues (Tires, Car repair.. ect)

Whats the best way to set this up?

LMK if this is 100% possible with Bitcoin!

Thank you for your help, for i sincerely need direction for this "experiment" xD

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Hold your bags
https://redd.it/1coz34r
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