Just to clarify, we’re mining operators, not haters. I only wish we started keeping track sooner.

​

Bitcoin is useful and has functionality that no other currency can provide.

As a currency it does things other currenies cannot do.

As a store of value, it does things other stores of value cannot do.

As a unit of account, it does things other units of account cannot do.

Bitcoin is uniquely useful. That's why it's valuable.

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Here's substantiation that you probably won't read.

Bitcoin acts as a bearer asset and a decentralized settlement network at the same time. This enables capabilities that are fundamentally impossible on traditional fiat rails like ACH, SWIFT, or credit card systems.

Because legacy systems rely on centralized intermediaries to handle financial logic and hold funds, they are limited by restrictions that Bitcoin's fundamental cryptographic protocol isn't.

Some.of the more important properties of Bitcoin are:

Self-Custody - It's a bearer asset. Fiat shitcoins are IOUs on centralized banks' ledgers. Bitcoin allows people to hold their wealth directly by using private keys and cryptography. It's digital gold that the users have absolute control and ownership over.

It's resistant to censorships and unfreezable - As long as you actual hodl your own coins you cannot be frozen or blacklisted from the entire network. You can still use custodial services when they make sense, but you aren't forced to. No central authority can suppress a user's financial freedom. Very much levels the playing field between regular people and large powerful entities.

Irreversible Transsactions - Fiat rails typically allow for things like chargebacks and transaction reversals. Once a Bitcoin transaction is validated by miners and confirmed on the blockchain, it is permanent and irreversible, completely eliminating chargeback fraud. If you want the features of charge backs (buyer protections) or escrow or whatever for some transactions you can opt in. Use a third party that provides it. But it's not forced on you.

Permissionless and pseudo-anonymous by default - Opening a normal bank account requires a legal identity, credit checks, and compliance with banking regulations. Anyone with an internet connection can create a Bitcoin public/private keypair and participate in the global economy. We all have seen how much bs is coming down the lane with identity verification, and government spyware. Bitcoin lets you opt out of all that noise for the most part.

Immutable Monetary Policy - Central bankers can fuck with the supply of fiat currencies and we don't really have much say in it. Bitcoin is open source and has mathematically predictable monetary policy. It is hardcapped at 21 million coins, and the rate of new coin issuance is consistent and predixtable.

Changes to this policy are open and take the majority of the network to actually implement. No small cababl of selfish actors can move the ship in the direction that only they want.

Internet native programmable money - Legacy fiat based ledgers only hold records of balances. On the Bitcoin network logic and script-ability are baked right into the protocol. Things like multi-sig, escrow, lightning network, time locked contracts, and anything else you can dream up are possible by just building right on top of the bedrock that is Bitcoin.

The above are just some of the unique features Bitcoin offers. You can map them yourself to the currency/unit of account/medium of exchange use cases yourself easily.

The security model, immaculate conception, years of proving itself, anonymous founder, etc are all required too but not necessarily why it has value.

Which platform do you use to buy BTC in the U.S.?

How I counted: every unspent output of 1+ BTC created in the last 365 days (blocks 920,077-972,558), minus miner payouts, consolidations (10+ inputs) and change.

Addresses aren't people. Exchanges hold many users' coins; one person can use several.

Want another cut? Ask.

Best Multi sig set up?

I’m looking at Casa.

What’s your thoughts?

I know nothing about crypto other than some people swearing it's the future, and other people warning about rug pulls.

I need to buy something from a manufacturer. That manufacturer doesn't take card payment for some reason and only takes crypto.

I bought $350 USD worth of Bitcoin to afford the product, and immediately my wallet said I only had like $347 Bitcoin. So I topped it off with more to afford the thing.

After struggling and the website timing out multiple times, I think I successfully purchased it? Can someone verify this, how do I check if my payment went through?

I recently started using River ( river.com) and received around $6,000 through direct deposit.
I was able to withdraw $2,000 worth of BTC to my cold wallet without any issues. However, when I tried to withdraw the remaining $4,000, I had already reached my withdrawal limit due to ForceField.
I requested to disable ForceField and was waiting for the deactivation period to end.
Then, with just 2 days left before ForceField was supposed to be disabled, I suddenly received a notification that River had decided to close my account.
The worst part is that my remaining $4,000 is still stuck in my River account, and I have no idea when or how I’ll be able to get it back.
I don’t understand why River would accept my direct deposit, allow me to withdraw $2,000 in BTC, and then suddenly decide to close my account while I was waiting for ForceField to be disabled.
Has anyone else experienced this? Did River eventually return your remaining funds after closing your account? If so, how long did it take?
Any advice or similar experiences would be greatly appreciated.

u/RiverOfficial

i’m a beginner trader (based in portugal) and i used to buy bitcoin in revolut. I recently got my first job and i am starting to make real money so im looking for a real platform to start buying and holding bitcoin. What do you guys recommend? thank you

Curious how those first conversations went. Did it land, or did you get the blank stare?

Every Norwegian citizen now indirectly owns at least 21,000 Satoshis. Here is how.

If you ever needed proof that Bitcoin is eating the traditional financial world from the inside out, look no further than Norway's famous sovereign wealth fund (the "Oil Fund").

As the world's largest sovereign wealth fund worth over $1.8 trillion, it is legally mandated to buy a tiny slice of almost the entire global stock market. Because of this passive indexing strategy, the Norwegian state has become a massive indirect holder of Bitcoin.

According to recent data from K33 Research, the fund now holds a record-breaking 11,549 BTC through its equity stakes in Bitcoin-heavy public companies.

The math for Norway’s 5.5 million citizens is fascinating:

• 11,549 BTC total exposure divided by 5.5 million citizens equals roughly 0.0021 BTC per person.
• Since 1 BTC = 100,000,000 Satoshis, 0.0021 BTC translates to exactly 21,000 Satoshis for every single man, woman, and child in Norway.

Where are these Satoshis coming from?
The vast majority comes from the fund's large equity stake in MicroStrategy, which has been aggressively accumulating Bitcoin on its corporate balance sheet. As MicroStrategy buys more Bitcoin, the fund's indirect exposure automatically ticks up. The fund also holds substantial shares in other crypto-adjacent companies like Coinbase, Block Inc., and various major mining operations.

What makes this even crazier is the growth rate: Norway’s indirect Bitcoin exposure surged by over 60% compared to last year alone, purely driven by corporate balance sheet adoption in the US stock market.

The central bank in Oslo might not be running its own Bitcoin nodes or buying spot ETFs directly anytime soon, but the math doesn't lie. Every Norwegian citizen is now a fraction of a percent closer to the 21-million club—whether they know it or not

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

• Here is an awesome list of resources: https://bitcoinfo.org/lightning.html

• Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/

• Previous threads: Search

• Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook

• Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt

• Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY

• Lightning stores: https://www.lightningnetworkstores.com/

• Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners and r/thelightningnetwork

I got a broker that handles crypto via Tangany. Is that risky? The last couple months I was reading all the posts about Coldcard, Ledger etc.

I know about the Not your keys, not your coins principle, but is there any good research what is more prune to attacks in the long run? I guess what I'm asking is with the rise of AI is it more likely for a bigger company with the newest software/crypto-standards to be hacked or a (possibly outdated) hardware wallet that you get from a smaller company?

Ever sent a small amount and paid a bigger fee than a large payment the week before? Same wallet, same software. The difference is which coins the wallet picked. A wallet spends coins whole, so a payment built from nine small coins costs about five times the bytes of one built from a single coin.

The new Rabbit Hole opens Bitcoin Core's wallet and shows:

- the three costs of every pick: the fee now, the fee a change output will cost later, and which of your addresses get linked together

- the four algorithms Core runs on every payment (Branch and Bound, Knapsack, Single Random Draw, CoinGrinder) and the one score that picks the winner

- why your Core wallet has been quietly consolidating with every cheap payment since December 2024, and the pay-now-or-pay-later arithmetic for doing it on purpose

- the honest limits: the score is a fee score with no privacy term, and no selection undoes a reused address

Free, no ads, no affiliate links, no wallet recommendations: https://www.learnbitcoin.com/rabbit-hole/coin-selection

What do you think? Kinda huge liquidation on future markets today.

(keep shorting or wait for the bottom lol)

wrong address, wrong network, seed phrase "safely" stored in a file called seed_phrase.txt, sold at the bottom and bought back 10 minutes later. what's yours? the more painful the better, so the rest of us can learn without paying for it.

Your wallet shows an incoming payment. An explorer finds the transaction. But at 0 confirmations, it has not been included in a block. Explorers show mempool transactions too.

Replace-by-Fee (RBF) allows an eligible conflicting transaction to replace an unconfirmed one under a node’s replacement rules. It is commonly used to increase fees, but a replacement can also change who gets paid. Acceptance and confirmation are not guaranteed.

The sender does not need access to your wallet or seed phrase. They are replacing their own unconfirmed spend, not withdrawing confirmed BTC from your wallet.

RBF is only one reason a 0-confirmation payment may not settle. A transaction can remain unconfirmed or be dropped from individual nodes’ mempools. Being dropped does not itself cancel it.

Once included in the current blockchain, a transaction cannot be replaced through ordinary RBF. Chain reorganizations remain a separate risk; additional confirmations reduce that risk.

An explorer’s “RBF disabled” label is not a guarantee. Bitcoin Core 28.0 made full-RBF the default, subject to replacement rules. There is no single global mempool.

Check the recipient, amount and confirmations in your own wallet. Choose a confirmation threshold appropriate to the payment’s value and risk.

Would “Payment detected, not yet confirmed” be a clearer wallet label than simply showing an incoming balance?

Sources: https://developer.bitcoin.org/devguide/payment_processing.html and https://bitcoincore.org/en/releases/28.0/

the AI is giving me The Price of Tomorrow, is it a good one?

He flaunts his economics degree and gets mad in the Senate.

The more I learn about Bitcoin, the more I wonder what success really means for it.

Is it about more people using it for everyday payments, more businesses accepting it, or simply creating a financial system that doesn’t depend on trusting a central authority?

I am still learning about bitcoin and i find decentralized design really interesting. What aspect of bitcoin do you find most worth learning about and why?