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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 government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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 government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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It clicked at $3k BTC

Everything clicked for me in 2018 when BTC was ~$3k. By "click" I mean that it was at this time that I realized that BTC transcended an investment or a payment system, but heralded a new form of limited hard money based on a zero-trust system. I printed copies of the white paper and handed them out to friends and family urging them to read it and get orange pilled. A few thought it was interesting and whole coined in. Most dismissed it completely as a scam with "no intrinsic value" or other less informed argument.

I was able to convince my barber to accept Bitcoin for my haircut, but as soon as it dropped in fiat value, I felt like I cheated him. And he told me that his wife was pissed about the whole thing and that he won't be touching it again. I told him to hang on to it for a decade and to thank me later.

So my own experience evangelizing Bitcoin has been mixed. It's something I want to tell everyone about, but I hesitate to spread the word.

06:24 UTC


Bitcoin Screaming Cowboys (Original)

SHITPOST. When every meme is fresh and young again. so long, screaming cowboy.

06:21 UTC



Does anybody know of a faster way to get through to blockchain.com support other than submitting a ticket? I’m dealing with my trading account being compromised while I had to outgoing transactions, pending for over a week. Reported it to support, they sent me list of things to do, like create a brand new wallet, have it fully verified, and reply to the ticket with verification info. In the meantime CS put a Fort Knox type of block on my trading account and now I am supposedly waiting for CS to reply back to me. Every response back and forth seems to take a long time. Is there another legit, official route to take to get in contact with their support?

1 Comment
06:12 UTC


Daily Discussion, December 05, 2023

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.

1 Comment
06:07 UTC


Trezor Model T vs NGrave ZERO vs Bitbox vs ColdCard

Which do you prefer & why? I had negative experience with Ledger Nano S, that product is trash. I now own a Model T for day to day transactions but still want something more secure & offline to secure higher amount of funds at home. So I guess I’m really just deciding between NGrave, Bitbox or ColdCard. Although ColdCard only does BTC, so I think that’s out the picture. Bitbox only seems to support a few coins as-well compared to NGrave.. also is NGrave constienly being updated with new features or you get exactly what’s already built in?

06:07 UTC


The time to get high

1 Comment
06:02 UTC


My very first Bitcoin purchase, and I still can’t believe we’ve come this far after years of waiting 🥹

05:47 UTC


Apparently the GTA6 trailer was leaked by someone who branded it with a "Buy Bitcoin" watermark. Their community is not super thrilled...

05:02 UTC

04:38 UTC


After DCA'ing for 5 years, what's next?

For context: I haven't DCA'd for 5 years. I plan to invest in BTC anytime now I'm just learning what I can now before I put some money in.

I plan to DCA monthly, long term. I was thinking if for example, I was to put 50 usd monthly for the next 5 years that would actually total to 3,000k usd currency purchased in crypto. What happens for example Bitcoin skyrockets to ridiculous amount and my 3,000 usd turns into 10k or 15k usd.

How do I cash out that kind of amount without the bank thinking this is dirty or laundered money?

Additional questions if I may: At what point should I consider buying a hardware wallet for my crypto? Thanks for anyone answering my questions.

04:27 UTC


Exploring the Reliability and Limits of Mempool.space REST API - Seeking Community Insights

Hello everyone in the r/Bitcoin and r/CryptoDev communities,

I'm currently delving into the world of Bitcoin development and am particularly interested in the Mempool.space REST API. Before I proceed, I wanted to reach out to this knowledgeable community for some insights and experiences:

Reliability: How reliable have you found the Mempool.space REST API in your projects? Are there frequent downtimes or issues with data accuracy that I should be aware of?

API Limits: What are the limitations when it comes to using their API? Is there a rate limit or a cap on the number of requests you can make within a certain time frame? If so, how have you managed these limits in your applications?

Paid Services: I understand that Mempool.space offers premium services. Has anyone here opted for these paid services? If so, how has your experience been in terms of additional features, support, and overall value for the cost?

General Usage: Any general tips, best practices, or pitfalls to avoid when working with the Mempool.space API would be greatly appreciated.

I'm looking forward to building a robust application and your shared experiences and advice will be incredibly valuable in helping me navigate these aspects.

Thanks in advance for your time and insights!

04:19 UTC


Where to buy for instant transfer/usage?

Hello, I have used coinbase in the past but they require a 10 day hold on btc after purchase before you can actually use them...where is the best place to buy so I can use/send immediately....or soon after purchase. I understand immediately is probably unreasonable.


04:17 UTC


Are transactions going super slow right now due to network congestion?

I sent some BTC from hardware wallet to Coinbase and typically it shows up on the Coinbase side pretty instantly (as an unconfirmed transaction) but then it takes maybe 10-20 mins to confirm. I sent it over an hour ago and it’s not even showing up as a pending transaction on the Coinbase side.

I used the high fee set as well just to try to make it confirm as quickly as possible too. Wondering if you all are experiencing this as well?

03:49 UTC


What are you plans & goals this super cycle?

Just wanted to read the room and see what's on peoples minds. This is a time when when emotion can rule over logic, so lets do a little thought experiment, and see if we can hold ourselves to our plans. I personally am quite conflicted but in all likelyhood will just keep on DCA'ing like its no big deal.

  • Sell all during the bull run
  • Sell Half?
  • HODL
  • HODL & DCA Forever
03:48 UTC


Warning When Using ColdCard

What is happening? I’m trying to send a test amount to another wallet and when I create my transaction, export to my ColdCard, and go to sign it via the ColdCard, I am getting a warning saying that some of my BTC is going to a script address. Unsure what this means…

03:25 UTC


SELLING at top, long term holders selling

Someone in crypto twitter said sell at top when long term holders sell their stack...Where can I find this?

03:23 UTC


Fidelity won’t let me sell

03:14 UTC


I left my wife for bitcoin

It all started when I raided my wife’s jewelry box and sold all her gold and diamonds to buy bitcoin. I blamed it on the maid though so that was fine, she just fired the maid. So I used the maid’s salary to DCA for a while.

But then I took out a second mortgage on the house to buy bitcoin. I forged her signature on the documents, but she eventually found out because she’s the one with the job and pays the mortgage and it just went WAY up. (Have you seen interest rates lately?)

She told me to get out now. So I took the car. Sold that too. Yep, for bitcoin.

So now I got my iPhone and a charger and my Ledger with like six bitcoins on it and my cardboard box in the alleyway. I can charge my phone for free in the Starbucks across the street. So maybe I should sell my charger for bitcoin. But before long I might smell too bad to be let in.

My wife is gonna be so jealous. But I’m not taking her back after my bag moons. She had her chance.

03:01 UTC


AI Depicts BTC future.

1 Comment
02:57 UTC


Booted up the old college laptop and casually found ~$4,200

02:35 UTC


Jade Wallet Freezes on Mac

I got a Jade wallet and have 2018 MacBook Air. The Jade app (Blockstream Green) freezes after a couple minutes every time I try to use it. I’ve contacted Blockstream numerous times over the last 8 months or so and they keep sending me different versions of the app. Nothing changes. Has anyone else had this problem? And if so how did you resolve it? Thanks.

02:09 UTC


The adventure continues.

2013 was the year I came into contact with Bitcoin and blockchain technology. In 2015, I gradually devoted most of my energy to the blockchain and cryptocurrency industry. I started investing in cryptocurrencies early on and have been a professional investor in cryptocurrencies projects for over ten years.

In terms of time, it's not too long, but it's not too short either. After all, it’s been more than 12 years since Bitcoin’s genesis block was mined. Some investment projects made money, some lost money, some returned to zero, and some ran away. Of course, they have also stepped on many, many pitfalls. Fortunately, I still love this industry very much. No matter what setbacks and difficulties I encounter, I am still willing to stay here and do what I like to do to realize my life ambitions.

02:02 UTC


The "Disbelief" phase is the most interesting.

People are so accustomed to rebounds and further declines that they can no longer work according to the trend, because for 2 years they were carried, as they say, “face down.” It is for this reason that people can lose even while GROWING!!! Think about it guys)o rebounds and further declines that they can no longer work according to the trend, because for 2 years they were carried, as they say, “face down.” It is for this reason that people can lose even while GROWING!!! Think about it guys)


01:52 UTC


Michael Saylor explains the future of Twitter

01:48 UTC


Whenever I talk to people about The Bitcoin Standard…

This is how they view me. It’s like I’m telling them there are multiple alien species and I just want them to go on vacations with me in 10 years. WHY DON’T PEOPLE WANT TO READ BOOKS?!?!?

01:34 UTC


Going Infinite the book about FTX and SBF by Michael Lewis

An excellent read for anyone interested in the truth behind the superficial hysteria that surrounded the FTX collapse. I was never interested or even knew of FTX before the collapse because Im not interested in shitcoins but the book about FTX SBF and their alleged Intentional Altruism subculture is fascinating. The book says as much about our contemporary culture and media including social media as it does about SBF, Alameda and FTX. The truth is not found in memes and sound bites- the truth revealed by this book causes me to be more cautious what I will accept as the truth from social media and MSM.

00:46 UTC


The European Commission (EC) is about to take a draconian and unscientific stance towards Bitcoin that can not only pave the way for an EU mining ban, but could have far-reaching consequences for the entire global Bitcoin community. Links to resources and actionable advice inside

Converted from Twitter, original here.

Plebs, Bitcoin miners, human rights defenders unite!

The European Commission (EC) is about to take a draconian and unscientific stance towards Bitcoin that can not only pave the way for an EU mining ban, but could have far-reaching consequences for the entire global Bitcoin community.

Context: The EC is developing a methodology to calculate and mitigate the environmental impact of Bitcoin. It includes a proposal to measure all crypto-assets resource consumption "per transaction", and only evaluates the negative impact of Bitcoin using a suite of suite of reports that have ben financially backed by Central Banks and Ripple Corporation. This is a nonsense metric that was been previously debunked by Cambridge University in 2018.

The fact that the EC have ignored both the science, and the sea-change in the Bitcoin ESG narrative this year shows that their intentions have nothing to do with sustainability, and everything to do with protecting intrenched interests who could be disrupted by Bitcoin. If the EC wins, BTC will be officially labelled "an environmentally harmful asset that undermines sustainability goals for the EU".

It will also enshrine the ECs right to use bogus-metrics to evaluate environmental impact, while ignoring quality peer-reviewed research showing the positive environmental externalities of Bitcoin.

They will then promote this standards/labelling globally.

What can you do?

In your submission, highlight:

✅ why and how Bitcoin can be a net-benefit to the environment
✅ point out that a framework which only evaluate only negative externalities of a technology is incomplete, unobjective/ unscientific
✅ cite high quality references. Show examples of how Bitcoin mining can help meet the EUs sustainability goals (for example: WOSTP has already written that "vented methane based crypto-asset mining is more likely to help than hinder the US Govts climate objectives")
❌ DO NOT "it's energy use is justified because", "Other assets use more energy", or debating whether climate change is occurring or use language that personally attacks any one
✅ DO highlight that every technology initially has a carbon footprint, use evidence to show that emissions are not increasing and that there is a realistic chance Bitcoin can become the first industry to fully mitigate emissions without offsets, point out known limitations in current models, use your own examples of Bitcoin's positive environmental impact that are less known
✅ Retweet this message, and mobilize other honeybadgers

Currently, the EU relies on reports like this: https://www.greenpeace.org/usa/wp-content/uploads/2023/07/Bitcoin-Final.pdf. Counter these claims, showing evidence of where they are provably false, misleading due to missing context, inaccurate, or no-longer-true.

Now is the time to channel your time, passion, and brain into defending freedom. We do not have the resources, the entrenched powers, the ability to spread FUD widely through mainstream news channels that the opponents of Bitcoin do. We don't agree on everything as Bitcoiners. But we all agree on one thing: that is the need for a global currency together with global mining that cannot be centrally controlled, attacked, manipulated and suppressed.

Today's the day to fight for the continuation of that freedom.

Original EU Report on Bitcoin which contains ample examples of statements you can rebut https://europarl.europa.eu/RegData/etudes/STUD/2023/740083/IPOL_STU(2023)740083_EN.pdf

Here's some examples of:

  1. Evidence of bias in mainstream bitcoin environmental impact reporting: https://batcoinz.com/a-tale-of-two-articles/

  2. Positive benefits of Bitcoin mining water security: https://batcoinz.com/how-bitcoin-can-help-nations-out-of-water-scarcity/

  3. Limitations in current models of Bitcoin environmental impact: https://batcoinz.com/the-bitcoin-facts-that-every-esg-investment-committee-should-know/

  4. How to do an evidenced-based rebuttal: https://batcoinz.com/rebuttal-of-greenpeacusa-report-on-bitcoin/

  5. Contextualized data that challenges existing and incomplete models with known limitations: https://batcoinz.com/comparing-bitcoin-mining-to-other-industries-energy-mix/

  6. How Bitcoin helps Methane Mitigation: https://batcoinz.com/50-landfills-mining-bitcoin-a-zero-emission-bitcoin-network/

  7. A more up-to-date model than Cambridges' (also the one that Bloomberg Intelligence now use instead of Cambridge's model which is both incomplete and 23 months out of date): https://batcoinz.com/beest/

00:35 UTC

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