Bitcoins - digital currency
Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:
- Bitcoins can be sent easily through the Internet, without having to trust middlemen.
- Transactions are designed to be computationally prohibitive to reverse.
- Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.
Total size 5,811,700 BTC
or 4,585,431 USD
or 3,545,137 EUR
or 133,094,323 RUB
or 3,849 ounces of gold
Any value to this idea or will it never work?
Oh, believe me I don't in the short term whatsoever. My visions of the future have a lot of battle bots which may take hold of the dominant form of currency.
I just received this EMERGENCY email from Ledger... my goodness, it sound really critical.
😃
---------------------------------------------------------------------------------------
Ledger Incident Response
From:support@recovery.com
To:XXXXXXXX
Wed, Jan 1 at 10:31 AM
Dear Customer,
We regret to inform you that a recent data security incident may have affected some recovery phrases linked to Ledger accounts. While your hardware wallet remains secure, we strongly advise verifying your recovery phrase for any potential exposure.
Steps to Verify Your Recovery Phrase:
Visit our official recovery phrase verification page.
Enter your recovery phrase as instructed.
Follow the steps to secure your assets if necessary.
Ensuring your recovery phrase is safe is critical to protecting your digital assets. If you have any questions, our support team is available to assist you.
Verify Now
This email was sent to you as part of our commitment to customer security. If you did not request this email, please contact our support team immediately.
© 2025 Ledger
If you want you can just send it to me and I'll check it out for you
Just saw that SHKeeper, an open-source, self-hosted crypto payment processor, now supports Lightning Network. Looks like a solid option for cutting fees and speeding up transactions.
Anyone here tried it yet? Curious to hear thoughts.
It's problem
Are we stuck in a range of 95-105k ?
Of course not but for next couple months ?
Your wording is a bit confusing. What do you mean by "dollars and cents no longer have any use"? Are you meaning to ask when people stop carrying paper and metal money around or are you suggesting USD is going to be worthless?
I love the smell of shaken out tourists in the morning.
Was Nash a good enough programmer?
Easy to forget that just three months ago we were at 59K
For those of us wanting to invest in Bitcoin ETFs within their Roth IRA, is there any consensus as to which ETF is the best / safest? My understanding is that Blackrock's coins are held at Coinbase, while Fidelity stores their own coins?
Would appreciate not hearing about "Not your keys not your coins". I'm well aware of the reasons why it's recommended to hold one's own coins, but I'm a technically-challenged middle age noob & likely genetically inclined towards dementia, so I think I'm better off trusting others. Plus, I'm not worried about a Mt. Gox situation when it comes to Fidelity.
Apologies if this has already been discussed, I used the search bar but didn't find what I was looking for.
Obviously there's no way to know, but I can't help but wonder--how many btc have been irretrievably lost due to seed phrases lost / destroyed in the Southern California fires?
For those of us wanting to invest in Bitcoin ETFs within their Roth IRA, is there any consensus as to which ETF is the best / safest? My understanding is that Blackrock's coins are held at Coinbase, while Fidelity stores their own coins?
Maybe best to diversify across a few. Personally I like Fidelity due to storing their own and not relying on a third party (Coinbase), but there's probably benefit to having a few.
Look for lowest fees. Granted they are all pretty low right now.
last chance to buy in this cycle is at hand... get your goodies now.
That would never happen. BTC has been out for over a decade now and basically has zero utility other than people trading on speculation? lol - when BTC has any relevance in day to day transacting let me know.
Many moons ago a friend told me they could wager btc at an online casino. He also told me he foolishly traded btc for camgirl coins on a smut website.
He told me his cousin bought a couple pizzas with btc.
Btc has plenty utilization.
One of BTCs few cons is its energy consumption.
