A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. 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 the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
Reminder for newbies: If you bought bitcoin on a website/app, you DONT own bitcoin. You own a "bitcoin IOU" that carries none of the benefits/freedom of Bitcoin. Your goal: Keep learning about Bitcoin until you understand how to take your bitcoin off the website/app and into a hardware wallet.
What is there else to learn about bitcoin and (cryptocurrency)?
I have a very very basic understanding of blockchain, smart contracts, public private key, hd wallets, lightning network, monetary system, segwit. But as already mentioned most of this is just a basic understanding so I don't know the technical details. So I'm really happy if u could give me some resources to read or watch. Thanks:)
08-31 08:58 - 'Once again--you need to learn about bitcoin before you go spouting off. / The exchange can prove its holdings. So when it gets audited, the auditors can confirm it has the investors' money.' by /u/forgoodnessshakes removed from /r/Bitcoin within 715-725min
Starting out questions as I learn about Bitcoin...
Hi everyone. I've read The Little Bitcoin Book, i've gone through a few informational websites and have generally been following bitcoin from the sidelines for a little while. I'm wanting to get in deeper with it so I'm learning what I can. I have some questions though that I'm sure are common but haven't been able to find answers to. Any help would be great!
Can you access your btc from a wallet on your phone and a wallet on your computer? Or it only "exists" in one of them at a time? Couldn't you use the same recovery seed for multiple devices and access the same bitcoins that way?
How do you transfer btc from cold storage like a hardware key to something you can use like a mobile phone?
When you sell btc, isn't that a taxable event under capital gains? The exchanges will send that info to the IRS right but not the purchase of it. So what happens if you use btc to buy a coffee? Is that a taxable even that you have to keep track of?
If you make a transaction on the blockchain, and someone knows your public key is yours, they can see how much you have and how much your spent right?
How does lightning do transactions without recording to the blockchain?
Is it a different wallet for lightning and btc?
The age old question... if there is no network/internet/electricity/connectivity-to-blockchain.... how would people transact btc?
How do you get a steel-printed version of your recovery seed without using those words online?
I suppose that's it for now, i'm sure more will come as I keep learning. Thank you!
"The hustle" Kramer learns about Bitcoins and says they're gonna be HUGE!. Jerry thinks he's nuts and not to waste the last of his money on that junk. Later on Kramer becomes a millionare, while George is hella jealous and screams I SHOULDA INVESTED JERRY! I SHOULDA LISTENED TO THAT LOONATIC!
Kramer then invests all his money in terrible ideas, losing his money again. But George and Jerry now convinced he's a genius, also invest in similar dumb ideas, which causes trouble for the group as they try to get their money back.
I'm watching a lot of videos about it over and over. But I don't think it's a good way to learn something without knowing what should I learn in order. Also, I could be missing a lot of things. Can anyone give me suggestions? (from beginner to advanced)
Hello, I'm new to learning about bitcoin and cryptocurrency. The amount of information online is overwhelming and it's hard to know who to trust. Any recommendations on the most trustworthy place to learn? Thanks in advance!
Another week of webinars is ahead of us! Next week, hear from Developer Advocate Solange Gueiros for a Portuguese webinar on What is RSK, learn about Bitcoin Mining and Macro Industry Trends, and take part in our workshop to host your own decentralized website on RIF Storage!
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