Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

LN vs BTC block size?

One of the criticisms of the BTC blockchain is the small block size which makes it unsuitable to process large number of transactions. People often quote Visa and Mastercard’s ability to process transactions by many folds compared to BTC. From what I...

More / Bitcoin Reddit - 2 years ago

Some of you have very unsupportive families

I think there are dozens of threads with people being laughed by their own families just for the fact that you’re looking for investment opportunities, which sounds so wild to me. Maybe I’m lucky but even my retired mother in law owns a few btc and w...

More / Bitcoin Reddit - 2 years ago

Daily Discussion, February 14, 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 yo...

More / Bitcoin Reddit - 2 years ago

Bitcoin is the king of all commodities

It's often said that Gold is the king of all commodities because it has one property that all other commodites don't, and thats the property of being money. But everything is relative, gold is only the best money because it's better than...

More / Bitcoin Reddit - 2 years ago

How does Bitcoin have value?

I was talking with a friend and he made the claim that Bitcoin has no value like fiat currencies because it isn’t backed by gold or oil. I know the hash rate backs the Bitcoin network but can it really have intrinsic value if the electricity used to...

More / Bitcoin Reddit - 2 years ago

Legal business

Give me your thoughts and opinions on a business that buys and sells bitcoin much like a pawn shop would with gold/silver. Do you guys think this would be legal? Why would it be legal to trade this way with other commodities but not with bitcoin? A l...

More / Bitcoin Reddit - 2 years ago

Big blocks are "Turing Perfection" ????

Apparently I may have inspired the latest BSV affinity scam! Almost feel honored really! Text from recent pro-BSV tweet: "Why is BSV real Bitcoin? Because it's the first to achieve Turing Perfection..." It then goes into some stup...