Bitcoin
$8,075.75 -1.50%
BTC · 14w

Idea: r/Bitcoin creates a simple "How to Start a Local Bitcoin Club" wiki, to promote towns/neighborhoods using Bitcoin for regular buying and selling business between peers

Inspired by this post https://www.reddit.com/r/Bitcoin/comments/cp5y2s/10_out_of_22_btc_was_spent_by_bitcoin_subreddit/ I'd love to see us promote the original purpose of Bitcoin, which is a peer-to-peer way to trade money directly between individuals' wallets, rather than via exchanges or other middleman sites (like Bisq) or processing companies (like Bitpay). I know that I got into Bitcoin when some cool folks on Reddit were giving it away to anyone who asked, and that made me get a wallet and learn how to use it. It was just so much easier than trying to get into an exchange (which I eventually did do, because I wanted to get more). So, since it seems like one of the biggest challenges to Bitcoin adoption is not having anyone to trade with, and creating local Bitcoin clubs, to help people connect to one another, personally, so that they can offer and receive bitcoin for whatever kinds of exchanges they want to do, could be an extremely useful tool. Local businesses could sponsor or just join the clubs as well, so that folks in a community build up strong connections for using Bitcoin for normal business. Also, the more we exchange Bitcoin with people we are closer to (than central exchanges and the total strangers on them) the more we focus on making sure that exchanges are "fair" in the sense of not trying to only trade it away or spend when it's high, and just using it all the time, so that losses and gains are less pronounced, and folks are more comfortable using it all the time. Maybe we could put together a little "how to form a Bitcoin club" website/video/flyer for anyone to use and share.
Go to self.Bitcoin
Recent news
BTC -1.50% · bitcoinops.org · 4h

Bitcoin Optech Newsletter #73

This week’s newsletter announces a new minor version release of LND, notes downtime on the development mailing lists, describes some recent updates to Bitcoin services and clients, and summarizes rece...
BTC -1.50% · coinmetrics.substack.com · 21h

[STUDY] How Many Bitcoins Are Permanently Lost?

How Many Bitcoins Are Permanently Lost? Bitcoin’s whitepaper, which recently turned 11 years old, is so concise that it makes only a passing mention of supply: Once a predetermined number of coins hav...
BTC -1.50% · medium.com · 22h

Investment Case for Bitcoin

On November 10th, 2018, I wrote an article discussing the risk/reward potential of Bitcoin. I explained how Bitcoin could appreciate 50x if it continues to evolve as a digital and superior form of…
22
BTC -1.50% · twitter.com · 23h

Teaching oligarchs about the benefits of Bitcoin: hackers release 2TB of data (Sherwood) for " look inside the operations of an international bank catering to the rich and powerful and those seeking to hide their activities, as well as of the banking system itself"

These files provide an unprecedented look inside the operations (up to a month ago) of an international bank catering to the rich and powerful and those seeking to hide their activities, as well as of...