What is Bitcoin? - Bitcoin.com.au

Bitcoin - The Currency of the Internet

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.
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Discussion about Bitcoin as the currency, not investment

In this subreddit there should be discussions around Bitcon as currency, not as investment. Hopefully it will be heavily moderated, and there will be discussion by pro and against Bitcoin people. And there could be rule: Your post should have at least 20 words in it.
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BetterBitcoin

BetterBitcoin is a subreddit for news, discussion and jokes about the currency of the internet (or the internet of currency): Bitcoin.
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Cryptocurrency Market: Surprising Facts about Bitcoin Currency

Cryptocurrency Market: Surprising Facts about Bitcoin Currency submitted by freemarkettoken2018 to u/freemarkettoken2018 [link] [comments]

Korea starts with inspections about bitcoin currency ! Also I made technic analysis for today !

High Organs from South korea starts with inspecting crypto currency service providers including bitcoin exchanges ! They are focusing on cybersecurity of these providers and also their compilance with laws.
Want to know more what this is about ? go on my website = https://stockshelper.blogspot.com/2017/09/korea-starts-engage-on-bitcoin-exchange.html
submitted by momom1235 to Bitcoin [link] [comments]

Korea starts with inspections about bitcoin currency ! Also I made technic analysis for today ! /r/Bitcoin

Korea starts with inspections about bitcoin currency ! Also I made technic analysis for today ! /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What do the modern Neo-classical/Keynesian Economists have to say about Bitcoin currency?

Though its been more than 10 years since I attended my last Economics lecture as I chose a different career path, I still remember the following mnemonic phrase my dad taught me to remember the functions of money in Economics:
Money is a matter of functions four.
A medium, a measure, a standard, a store.
As a Technology enthusiast today who reads a lot about Bitcoin, I couldn't help wonder that it certainly satisfies all the four conditions that makes a currency work in an Economy:
The only thing working against the acceptance of BTC are perhaps some Central Banks and Governments.
This creates an interesting scenario in Economics. What do you thing John Maynard Keynes or Adam Smith would have said about Bitcoin as a currency if they were there today? For one, Adam Smith had extreme faith in the "Invisible Hand of market". He would certainly have appreciated the Bitcoin acceptance?
submitted by prahladyeri to economy [link] [comments]

Question about bitcoin currency

My first question is, if bitcoin is it own currency why can u buy a cnd or usa ect ect version of the coin? shouldnt it just be its own thing?
then secondly for something like SR are they using US bitcoins or whatever the local currency they are selling from?
and if i buy some CDN bitcoins could i use them to purchase stuff on SR from USA bitcoin sellers?
I could be completely wrong about all this (it is pretty confusing to me) but i would love to be filled in about it. I went to buy some and it looked like they had a coin for every country and thats when it made me confused what i should be buying...
submitted by HeyitsClay to SilkRoad [link] [comments]

It would be greatly appreciated if you partake in this short survey about bitcoin, currency, and the media

https://docs.google.com/forms/d/1ndNgNZWr7qsqjykbJm2gZMI3hKGmZhk4ylv4vKBAK0s/viewform
I am attempting to collect data on opinions of those who know about bitcoin and/or use it regularly, their views on currency, and their sources of news about bitcoin and how they feel certain sources of media portray bitcoin. It is for an intermediate public economics class I am taking this semester and will probably be data I use for the next few months.
Ten short multiple choice or checkbox questions with a comment/concern box at the end as well. I would greatly appreciate it if you passed this on to people who might find it interesting. When I am done collecting data, if anyone finds it of interest I will post the results.
Thanks everyone.
submitted by ButUmmLikeYeah to Bitcoin [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency

The Truth About Bitcoin: People Aren't Using It As Currency submitted by SaneFive to btc [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency - Decrypt

The Truth About Bitcoin: People Aren't Using It As Currency - Decrypt submitted by lacbeetle to Bitcoin [link] [comments]

Serious question about bitcoin use in 30 years - If bitcoin stabilizes and becomes a deflationary currency, what will incentivize you to ever lend your bitcoin to a new small business owner?

If the rate of deflation is such that the value of your bitcoin increases a certain percent every year, let's say 15%, why would you ever bother lending bitcoin to new small business owners?
I'm curious how the economic system would work in this situation. What would it actually look like?
Is this just a case of higher interest rates for lending out bitcoin?
For example. If you can get 15% through deflation without lending your money, then you would need to lend out at a high enough interest rate so that your return would exceed the automatic deflationary increase of 15%?
Is that the basics of it? So the interest rate of borrowing bitcoin would effectively always be related to the deflation of bitcoin and the inflation from new supply. Whatever that balances out to? (Assuming overall demand has somewhat stabilized through the economy by then so you don't get huge price swings.)
submitted by bearCatBird to Bitcoin [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency

The Truth About Bitcoin: People Aren't Using It As Currency submitted by ethereumflow to CryptoCurrency [link] [comments]

So this is why CipSoft is so into Tibia Coins - their CEO Stephan Vogler posts a lot about cryptocurrency on his blog (stephanvogler.com). Is he trying to make his own crypto currency? Well, I guess he already made it; Tibia Coins. He's also the guy who added Bitcoin as payment option on Tibia.com

So this is why CipSoft is so into Tibia Coins - their CEO Stephan Vogler posts a lot about cryptocurrency on his blog (stephanvogler.com). Is he trying to make his own crypto currency? Well, I guess he already made it; Tibia Coins. He's also the guy who added Bitcoin as payment option on Tibia.com submitted by Aggressive_Score_157 to TibiaMMO [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency

The Truth About Bitcoin: People Aren't Using It As Currency submitted by pale_blue_dots to CryptoCurrency [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency - Decrypt (x-post from /r/Bitcoin)

The Truth About Bitcoin: People Aren't Using It As Currency - Decrypt (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Roger Ver: "I'm sorry everyone, but I have to have a meeting with a head of state now about making Bitcoin Cash an official currency of a sovereign nation. I look forward to doing round two with everyone" ... drops mic

Roger Ver: submitted by fapthepolice to btc [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency (x-post from /r/Cryptocurrency)

The Truth About Bitcoin: People Aren't Using It As Currency (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

The Truth About Bitcoin: People Aren't Using It As Currency (x-post from /r/Cryptocurrency)

The Truth About Bitcoin: People Aren't Using It As Currency (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

In Wallex Bitcoin trading, the public account is your number, while the private address is your pin. Never reveal your private key --this is a brief idea about Bitcoin. Reach out to Wallex Trust to find out more about Wallex Bitcoin currency trading at www.wallextrust.com/

In Wallex Bitcoin trading, the public account is your number, while the private address is your pin. Never reveal your private key --this is a brief idea about Bitcoin. Reach out to Wallex Trust to find out more about Wallex Bitcoin currency trading at www.wallextrust.com/ submitted by pagz5254 to Wallex_Trust [link] [comments]

ECB starts thinking about going digital with the Euro, does not consider crypto "because crypto-currencies lack intrinsic value and there is no reliable institution backing them". (x-post from /r/Bitcoin)

ECB starts thinking about going digital with the Euro, does not consider crypto submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

09-28 09:25 - 'Bitcoin is a currency that started about 50 years ago . It’s a world wide and international currency / It is legal world wide It has been a means for transaction in many countries. It has a lot of it ATM all over Singapore, and oth...' by /u/fradko removed from /r/news within 28-38min

'''
Bitcoin is a currency that started about 50 years ago . It’s a world wide and international currency It is legal world wide It has been a means for transaction in many countries. It has a lot of it ATM all over Singapore, and other Asia countries.
Bitcoin is an online currency that can be converted to cash You can invest all your cash using bitcoin and receive it back with a massive interest. With 10% interest You can earn 500$ daily if you put in 50$ daily You can earn 100$ on each trade
Which means you can earn daily If you decide to trade daily
It is the safest of all investment because the loss is less. And the fastest to earn more because it is a trade where millions of people engage. Everything is been done online all you have to do is invest with me
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: fradko
submitted by removalbot to removalbot [link] [comments]

@WSJ: Cryptocurrency holders, beware: A surprising change to your 2020 tax form is about to strip away excuses for ignoring the tax rules on bitcoin, ether or other digital currencies https://t.co/uY1VGqdRyU

@WSJ: Cryptocurrency holders, beware: A surprising change to your 2020 tax form is about to strip away excuses for ignoring the tax rules on bitcoin, ether or other digital currencies https://t.co/uY1VGqdRyU submitted by -en- to newsbotbot [link] [comments]

@WSJ: Cryptocurrency holders, beware: A surprising change to your 2020 tax form is about to strip away excuses for ignoring the tax rules on bitcoin, ether or other digital currencies https://t.co/s64klSi05a

@WSJ: Cryptocurrency holders, beware: A surprising change to your 2020 tax form is about to strip away excuses for ignoring the tax rules on bitcoin, ether or other digital currencies https://t.co/s64klSi05a submitted by -en- to newsbotbot [link] [comments]

“Bitcoin has provided financial freedom to many and serves its key purpose perfectly — paving the way to a world where everyone is about to have the choice between a digital currency issued by the central banks, or a decentralised option that is issued by the people themselves” - Interesting read.

“Bitcoin has provided financial freedom to many and serves its key purpose perfectly — paving the way to a world where everyone is about to have the choice between a digital currency issued by the central banks, or a decentralised option that is issued by the people themselves” - Interesting read. submitted by NildaDobbin to CryptoCurrencies [link] [comments]

Bitcoin: What Bill Gates, Buffett, Elon Musk & Richard ... Some Known Questions About Bitcoin: Currency or Speculative Investment? - CIBC. Best Bitcoin (BTC) Indicators To Use On Tradingview! - YouTube Bitcoin Currency of the Future - YouTube What is Bitcoin Currency

Bitcoin is a digital Crypto currency used to transfer funds, operating without any central bank or any central government. Bitcoin is the first Crypto currency that opened the doors for many other Crypto currencies to follow suit. It is free to store Bitcoin but it does cost a small fee to send it. Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to ... Bitcoin is a decentralized virtual currency. This currency is exchanged digitally and managed by a peer-to-peer network, rather than a central bank or authority. The supply of Bitcoins is automated and released to mining servers; with a limit of 21 million Bitcoins being reached by 2140. Each Bitcoin is a piece of code that has its own transaction log with timestamps. The coins are stored in ... Bitcoin refers to both a digital currency, also known as a cryptocurrency, and the protocol and payment network the currency works on. It was invented in 2008 by an anonymous person or group named Satoshi Nakamoto. To understand Bitcoin, it’s important to make the distinction between the bitcoin cryptocurrency and the Bitcoin network. As you become more familiar with the world of Bitcoin ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.

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Bitcoin: What Bill Gates, Buffett, Elon Musk & Richard ...

Bitcoin: The End Of Money As We Know It traces the history of money from the bartering societies of the ancient world to the trading floors of Wall St. The d... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... What Is Bitcoin Currency http://whatisbitcoincurrency.com/bitcoin-secrets What is bitcoin currency? Bitcoin is the future of money. You control your bitcoins... It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries ... know about bitcoin, the crypto currency

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