Bitcoin Reddit

More / Bitcoin Reddit - 6 months ago

Stealing your wealth no matter what

You buy bitcoin, price goes up, you sell the bitcoin for a profit. Government takes 30 or 40% of the profit through "realized gains tax". Since the whole point of investing in an asset like bitcoin is to prevent them from stealing your weal...

More / Bitcoin Reddit - 6 months ago

Under $100k will soon be the new under $10k

A few reflections on the past four years. I bought my first sats in Feb 2021, added at the worst possible times during the bull market, and then spent three years lowering my cost basis my averaging down during a bear market. When I first got into bi...

More / Bitcoin Reddit - 6 months ago

Mutually Assured Preservation

Power projection has evolved from primitive tools to advanced technologies like drones and nuclear weapons, with each step requiring more energy. At a certain point, physical warfare hits a β€œKinetic Ceiling,” where it becomes unsustainable. Bit...

More / Bitcoin Reddit - 6 months ago

Daily Discussion, December 04, 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 yo...

More / Bitcoin Reddit - 6 months ago

They are waking up!

First time posting here. Felt like you guys would so appreciate this interaction I just had related to paying bitcoin for a service. I live in a super small town. I have been buying bitcoin for a little while now. My heat went out. So I called my nor...