Bitcoin Reddit

More / Bitcoin Reddit - 1 year 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 - 1 year 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 - 1 year 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 “Kinetic Ceiling,” where it becomes unsustainable. Bit...

More / Bitcoin Reddit - 1 year 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...