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.
Under conditions like this, this will be YOUR fate in 2050 and beyond. And warning: This will piss people off, and it will not be Shangri-La. End of the Liberal Democratic System You still have the democratic system we call "Liberal Democracy" these days. AKA the delusion of being able to choose better candidates for your ruler. Unfortunately this is not the case any longer past 2050. Leaders are EXPLICITLY stated to be lifetime rule in all nations, and are literal emperors that will rule until they die. If they take off for whatever reason, they will inherit that seat with a trusted confidant aka their closest associate. Another trait of a liberal democracy is free speech, or your ability to question the government or the truth. This will again no longer exist. If you ever so deny the "[Democratic American Republic of Bananas] Holocaust of Chinese expats", "Trump is a tyrant who destroyed the United States" or "Covid is a deadly illness" fake facts, They will put you to a mental health check. If they screened you and/or it turns out that you are a "God Worshiper", "Conspiracy Theorist" or anyone who doesn't agree with Marxist Humanist ideology, you will be sent to a camp to be gassed and never come out again. Covid Measures You really don't think the Covid measures end after a year don't you? It's a non-existent and neverending crisis. Yes, Covid Policies will persist as soon as earth exists. And these policies are bound to DRIVE PEOPLE INSANE. Forced Masks, Social Distancing, Forced quarantines.......you named it. It's there. Bars, pubs, theme parks, public schools, small businesses etc will go to the way of the dodo. Save for big companies with extraorbitant prices selling foods, electronics or other necessities, nothing will exist around the streets. If you walk out of the streets without a mask, an enforcer will ambush and kill you. You can't even dine outside, you have to dine at home. Curfews are forced unless under certain conditions, save for right before announcing Covid pandemics or any other emergencies, such as terror attacks, UFO fear mongering, anarchists... Failure to comply will result in government hired fixers catching you to the camp and slitting your head with a mechanical blade. Oh and the only business bar big companies that are still around are... Which brings to the next point: Legalized Killing Gone were the days where killing is illegal. If they can make LGBT and Pedophilia legal and a lifestyle, why not make killing one as well? The new society is going to stress LOTS of people out, to the point that they will kill at the slightest of a whim. If bars, pubs, theme parks, small businesses etc got driven to extinction, what do you think their employees will do? They go out and KILL! Piss people off by the slightest bit such as telling to them "Covid is fake," then at the next day, civilian conduct patrols will come in and kill you. Killing, Harvesting organs, cannibalism etc...will become the DE FACTO lifestyle. And because of Covid policies, most businesses will not be able to survive the cataclysm. And those who cannot find a job or get their job destroyed cannot conduct an uprising against big elite. If you want to conduct a popular uprising, you NEED other elites to back you. So what do they do? They kill. You will see more killers, bodyguards, and cannibals than there are store clerks because it's the only thing that can make you money in the true new normal. Even civilians want nothing to do with it will go out and feast on the flesh of their close ones, not out of betrayal, but to survive. And you better off not go out during certain times of the day because there will be so many cannibals or mafia gangs patrolling the streets waiting to catch any unsuspecting bystander. Save for feral cannibals or angry civilians, there's also the risk of mafia and other conducted kill squads, such as the aforementioned civilian patrols, hired mercenary and hitman groups, as well as chefs (with many of them being former angry civilians). These things had long lost their humanity, and if you get reported to them, be it tax evasion, NEET, homeless, or even muttering "Hail Trump" or the Bible and got heard, you will be caught by these paid killers and die. The chefs are the worst because they are cannibals who will basically catch anyone and everyone to get them killed, for no reason. In certain places, infant mortality rate is expected to be 99% and the number of people who can grow to adulthood is an estimated 0.5% of the population (around the population of NYC, for example) End of free media Save for the aforementioned no tolerance anti thought crime laws, expect the same to happen on the internet and the TV. Everyday, after you come back home after a hard day killing the undesireables, you turn on the TV and watch the same 3 programs on an infinity loop. If you wanna use the computer, remember that all websites had been put under Google, Amazon or Facebook rule (assuming if these companies ever existed or similar ones replaced them), and around only 20 sites exist and all of them are big on pro-state propaganda as North Korea. Modern CCP doesn't even describe it. It will resemble North Korean internet, where not a single trace of anti-truth can exist, in general. Video Games will all be first person shooters or political propaganda, such as WWIII or the BLM Revolution. (Anime or Weeb culture will also cease to exist because it will be considered derogatory pedophilia or disgraces against women. Yet pedophillia is actually getting legitimized in the new world, and children can be killed as easily as adults.) Healthcare of Death You have to go screen yourself for health issues daily to monthly depending on the type. Covid Screenings are daily, Mental Health Screenings are monthly, Cancer, Diabetes, cholestrol yearly scans... Failure to pass the Covid and Mental health screenings will put you to a quarantine cell to be gassed, no exceptions. Failure to pass the yearly ones will result in medication until death. These scannings are all robotic and turn out false positives in a 20-30% rate. Also, you have to be vaccinated every 6 months, these are poisonous chemicals but it doesn't matter. Also there's no such thing as a Covid vaccine because Covid doesn't exist. Who cares if you die anyway in a society like this? Surveillance State Expect LOTS and LOTS of Cameras. You might not need to know where these cameras lead to, but expect installment of surveillance cameras as a part of the law. They will be all over the streets, your television, the ceiling of your house, the fridge, your business, whatever. In truth, the images transmit into neighbor committees, mafia offices, hired enforcer offices, other assorted kill squads...just to facilitate these groups to arrest and kill you inside your house. The reasons can be you homeschooling children, you lacking a job, you lacking education, you being depressed, you worshiping god, you muttering anti-truth, you not wearing masks when you go out, you gather with with more than 4 people... But if you know less, the better. Paying the price Everything is taxed or expensive as hell in the new world. The currency used is Bitcoin, and a normal killing job will only give you 6 bitcoins per month. (There are better jobs out there giving around hundreds, but it will not be for you at least) Most necessities cost more than 18 bitcoins and food or water will cost around 0.40 bitcoins. They will tax you 1 Bitcoin a month, possibly more. Failure to comply to the tax will result in 2 warnings. Each warning, 2 days. At the end of 2 days, government enforcers will arrive to the spot and catch you to be gassed. Cashless Society Related to the point above, you no longer need cash. Cash is obsolete, and bitcoin will take its place. 1 Bitcoin is over 10000 USD. Also it will be done by Microchip. But do not expect you YOURSELF to be microchipped. You might be required to have an extra gadget in your phone or a special wristband. Anyone without the wristband or the gadget, even at home, will be murdered fast. The wristband or phone gadget is another one of those ways they watch over you; but they will be your only way of pay. You will not be able to pay or get money without this phone gadget or wristband, and again enforcers will give you 1 hour of time to get 1 before you get gassed. One of these gadgets or wristbands will cost 4 bitcoins, and phones might as well as cost 18 bitcoins for an average quality smartphone, and a high quality smartphone 30. Report Happy Neighbours Neighbors, associates or even your children and educated and programmed to report you for the slightest of issues. Failure to fulfill a certain dress code of your organization. Muttering God, Freedom, Anti-Marxism, Conspiracies, Anti Truth, or speaking it on social media or Discord. Being an emotionally unstable mess. No school or work. (School is always internet school while work is always necessary services, killings/bodyguards/snitchers or any combination of these.) Not wearing a mask when you go outside. All but one of the many reasons why you can be reported by neighbors and even your children. If they decided to report and remove you for the following reasons, some type of authority will go in and murder you in a few hours. Political Correctness Like I ALWAYS said before, in the new world, beware of what you say in the public. This includes in places like Discord or Twitter. If you ever slip out any semblances of anti truth, holocaust denial, covid denial, religious babble etc... Yeah, authorities knock your door and send you to be gassed, no exceptions. Thoughtcrime doesn't result in just a chatroom ban, authorities knock on your door and send you to be gassed. Forced Education If you think that Covid equals no education, you are wrong. Public schools do not exist as face to face tutoring and resemble database facilities. However, your children have to be homeschooled by authorities every time of the day. The subjects will be very dull, incoherent, boring and sometimes radical like some sort of anarchist or military training. However, your child is explicitly stated not to be able of leaving their PC desk during classes, for more than 20 minutes. Because the computers are cameras themselves, the images of your students will be transmitted to the teacher inside the "school." Failure to comply and the authorities will take your children and you. Same occurs if your children is homeschooled or is off from school for no reason within 6 days. This includes not having a PC to begin with; a PC costs 30 Bitcoins. Forced Labor You HAVE to go to work, no matter what. Work is a part of life, and as soon as you are in the age of 15, you must find a work. Most people will have to find one and plan one from the age of 10. This can arrange from killings, mafia, organ harvesting, bodyguards, take-out restaurants, store clerks... You HAVE to find one. Usually, if you are not one of the more privileged class, you have to go out and kill. Mercy isn't an option in these cases. No matter what the excuse is, saint or devil, you gotta kill them. The higher the body count, the greater the talent, the higher the ranks you are. This also means that you must stay fit at all costs. People who are not physically fit will not qualify, so are merciful people. The more angry, brave, obedient, and warfare-efficient you are the better. Your life is at risk, every day, but nobody cares. Some of the people will be able to not spill blood with their own hands and find a slightly better job such as being a doctor, government official, concentration camp warden or even a teacher. But don't expect this to be you. Altered lifespans Because of all the GMOs, air pollution, fixer killings, mentally ill bozos, cannibals, mafia gangs....the lifespans of people will be drastically altered. Most people will be chronically ill at the age of 50, and past the age of 45 you cannot be allotted any jobs. The fixer and killer groups will only hire people starting from as young as 10 and as old as 30. Infant mortality rate can arrange from 50% on lowest and 99% on highest, and chances to survive till adulthood is approximately 40% on average. In some places, this is below 0.5%. If you happen to survive past the age of 60, you will be exterminated instantly. This is a benefit for the government because 1. You can't find anymore jobs or unable of production 2. to reduce spreading of Covid, a non-existent illness. War on Terror No matter what, the world 2050 and beyond will not be peaceful. "Wars on Terror" will still occur. Anarchist false flags groups (similar to Black Block and ISIS) built by the government, Covid pandemic waves, reptilian UFO false flags/fear mongering, Religious terrorists...ALL of these will continue to occur and in overly insane degrees to keep you scared. Most notably, expect the Covid pandemic EVERY 4 months where the whole country will fall on lockdown for a month. All of these aren't going anywhere but to keep you terrified and depressed. Paid Fixers/Killers will be prohibited to deal with any of these terror groups for unknown reasons just because the Government has to solve them. The government catches these terrorists and releases them, if there are any terrorists. White and Black Ethnics The world will be split into two parts. A part with polyglot populations who has every possible mixed race, and others who can maintain racial purity and are more than willing to commit genocide against anyone opposed to their race. Most notably, Europe and the US will resemble Babylon. There will be countless ghettos, filled with all sorts of ethnicities crammed in pint size ghettos, with fights all over the place. As they call it "legs made of steel and clay." The fun thing is, Kill Groups or gangs will only hire the same race, and it makes you harder to find a job. The other side will be consisted of fully racially brainwashed idiots who were taught pure eugenics and inferiorities. They will be indoctrinated in a way like the Nazis, Russians, Japanese and CCP educates their offspring. It usually happens in Asian or non pro-western states such as: Japan, Both Koreas, China, Russia, Malaysia... Expect these people to be ethno-supremacist and willing to kill anyone of the opposing race. (Such as Taiwanese and Japanese will happily kill Chinese, Chinese will happily kill Indians or Japanese, Russians might want to kill Americans...the inverse is true of all things.) You can't form to rebel against the NWO or anything with these Babylonian or white law neighbors or countries. So beware. You HAVE to wake up right now. This will be a rude awakening, and if this ever happens, your life will not even matter 5 cents. The brick wall behind the curtain doesn't only have cuffs, it has spikes as well. This is your fate in society, 2050 and beyond. All these confrontations, cancelling, and isolation will be worth it if this is YOUR fate and you realize it.
So, if Bitcoin's rise in value early on was due to it's claimed anonymity for buying not so legal stuff online, then why is it still worth anything if the fact that it has public ledger has been brought to light? Why do people that have cult like faith in crypto currency believe that it's decentralised if the person using it has to use apps and services that aren't decentralised? Maybe I'm completely clueless to the fine details of some cryptos operate but it seems more like a way to guide people into believing a digital currency is a good thing and will be more accepting of a digital dollar because it's something they're used to. If the anonymity of Bitcoin was based on a lie then why is there still any faith in the system whatsoever?
Bitcoin and blockchain link to the Mark of the Beast (666)
New findings reveal the darker side of the bitcoin & blockchain revolution - the new Internet of money - "gifted" to the world by an unknown source immediately after the financial crisis in 2008. Coincidence? I think not. And it's been growing in size and popularity ever since. The video explores how a worldwide digital monetary system is leading to the unfolding cashless society and the fulfillment of the Mark of the Beast prophecy from Revelation 13:16-17. Now, during the Covid-19 pandemic, we are seeing a strong push to get rid of all cash to prevent the spread of the virus. But banks and business already want get rid of cash; it will make their jobs a whole lot easier. Do you put your faith in money? We are getting closer and closer to the full implementation of the Antichrist's system. Will you be a part of it?
Anybody think it’s a bit weird that u/maxwellhill ‘s last post is about a “Large Star Disappearing Without a Trace” when the user has seemingly done the same thing from Reddit? With 14m+ karma and being named Gizmodo’s person of the year, maxwellhill really was a star on this website and we have zero idea where he/she went. Tin foil hat time, Ghislaine Maxwell knew she was going away for a long time and posted that article as an allegory / goodbye to reddit.
Tomorrow [The 27th], at 14.00 Moscow time we plan to start installation of the update 0.12.7. The game will be stopped. Installation of the update will take approximately 4 hours, but can be extended if necessary.
Customs expansion (expansion of industrial area, construction site, added many new explorable buildings, stationary weapons, new location for Reshala spawn etc.)
Added new scav boss - Sanitar.
A former doctor, he worked in the health resort "Lazurny bereg", and before that in the TerraGroup laboratory. After the events that happened in Tarkov, he gathered a gang with former colleagues and operates on the "Shoreline". Actively uses professional skills in combat, quickly healing himself and the gang members. He uses various stimulants and medications, including those of his own production. He can quickly perform surgery by pulling out a bullet or applying a tourniquet on the field. Sometimes he is loyal to the Scavs and can leave a couple of first-aid kits or other medical supplies for his own group members on location
New quests on Shoreline
System for reporting suspicious players, unacceptable nicknames and game bugs abusers (on the post-match screen)
Improved AI behavior:
Bots can pick up items now
Improved AI behavior when they see bodies
Bots now can pick up a second firearm from bodies
AI now can greet each other or player scavs, showing their peaceful intentions
Bots will eat\drink while in peaceful mode
AI will perform a mag check when in peaceful mode
Bots can check someone for friend or foe by aiming at him for some time, if they’re not sure of one’s intentions
Bots will sprint while patrolling if they consider the spot being dangerous
AI will be able to storm the player as a group, if he’s holding position and attacking them
AI will try to avoid dangerous places
FN GL40 Grenade launcher
Mossberg 590A1 Shotgun
.45 ACP Hydr-Shock
9x19 mm QuakeMaker
9x19 mm 7N31
.45 ACP Lasermatch FMJ
.45 ACP AP
7.62x51 mm M993
40x46 мм M381 HE
40x46 мм M386 HE
40x46 мм M406 HE
40x46 мм M433 HEDP
40x46 мм M441 HE
40x46 мм M576 buckshot
Added new stimulants:
P22 (Specimen 22)
Added an additional icon for the network connection status in case of high packet loss
In the container slots window, the container tag is now displayed in the header
Iteration of improving and reworking the skill system:
New skill "Surgery"
Reduces HP penalty for surgery
Improved surgery speed
(Elite) No HP penalty for the restored body part
(Elite) Maximum increase in the speed of surgery
New skill "Aim drills"
Increase of the aiming speed
Decrease the volume of aiming
(Elite) No hand shaking at any stamina value, first 2 seconds after aiming
(Elite) Reduced hands shaking during tremor and fracture, the first 2 seconds after aiming
Rework of the “Strength” skill
Increase all weight limits
Increase the speed of the sprint
Increase the jump height
Increase the strength of the grenade throw
Increase the strength of a melee attack
(Elite) The weight does not take into account the weapons on the sling and on the back
(Elite) Melee attack can be stronger than usual
Rework of the "Endurance" skill
Increased feet stamina
Reduced stamina consumption for jumping
Increased holding breath time when ads
Increased the speed of breath recovery
(Elite) Maximum increase in breathing recovery rate
(Elite) Breathing is no longer dependent on energy
(Elite) Increased stamina reserve
Various fixes in old skills
Added 5 HP to the health of “Chest” zone (from 80 to 85)
Optimized the rendering of decals
Fixed freezes that happened when the sound of thunder or the sound of grenades exploding was played
Optimized the performance of the game server
Fixed an issue with killing the boss of a group of raiders who appeared on the scene after interacting with the trigger was leading to errors on the server
Minor optimizations on the first shot or hit
Optimization of hideout sounds
Fixes of errors that could potentially lead to different freezes
Iteration of fixes and corrections in UI
Bug with the PostFX menu that remains on the screen after closing the settings
Bug playing the sound of contusion if the sound is turned off in the settings
Bug of jerky animation of shooting weapons in the Hideout shooting range
The passage of raiders on the laboratory through the doors
A bug that allowed you to quickly move when constantly tapping the "Run" button when overweight
AS VAL with the handle adapter "Rotor 43" is now impossible to fold
Inability to exit the location via the paid exit “Car”, if you reconnect at the start of the exfil timer
Bug with throwing away the magazine when reloading the weapon via the context menu
Error 228 when receiving items from an expired email
Formulas for calculating prices for items with its resource and its commissions
After the reconnect, the equipment that was not searched become searched
The sound of the visor on/off remained at one point, and does not follow the character
Bug that wouldn't block buttons on the bottom panel after reconnecting as a Scav
Interface block if you go to the “Map” screen without a map
Bug when the "Receive all" button opened only the first and last message with items
Various bugs with switching the sound from “outdoor " to "indoor", and back, when reconnecting
Bug of not blocking an item after it was added to the merchant's sales table
Cartridges from packs of cartridges found in raid now have the status " found in the raid”
Error when studying items from the scav box
Fixes in the flea Market
The search will be updated if you delete and add an item to the wish list
Loss of a player's nickname and rating from the offer line after applying filters
The “search by item" option now resets the selected filters
Bug displaying the loading spinner on top of the list of offers
The mount without the “Found in raid" label ceased to be semitransparent (blocked) in the selection of the item for the offer, if you put and remove the mod on it
Bug when the merchant's avatar was flattened
Incorrect tag behavior on marked items for a flea market offer if you select multiple items from the container, closing and opening the container
Horizontal scrollbar on the product sales screen
Bug when the player couldn't put 2 identical weapons on the flea market if one of them was included in the starter kit for pre-order
Error 1508 - You send bad items- when putting an empty pack of cartridges on a flea Market
Bug, when for buying through a flea market goods from npc merchants needed items found in raid
Fixed in weapon presets
Displaying the indicator “you have mods to build” when there are no mods for the build in the stash
Bug when the build could have been built with the wrong mod that was not in the preset
Weapon disassembly bug if you build the same preset twice with the same weapon
Ability to select items that are blocked for purchase, via the presets by clicking the button “Select all”
Packs of items are no longer displayed in the purchase lists of preset mods
The purchase lists of presets no longer display items the player's own offers
Added an error about lack of space when purchasing preset mods
Bug when opening presets through the lower panel that caused the game client to freeze
Fixed in the hideout
Various fixes in the bitcoin farm
White authorization screen if you improve the pre-order version while in the hideout
Bug when it was possible to install a filter with zero resource in the “Water collector” and it could not be uninstalled
Calculation of fuel consumption time in the “Generator " zone
Bug duplicating the canister icon, when selecting a canister, in the “Generator" zone
Various bugs in group chat
Bugs with the discharge of weapons in the stash
Incorrect position of the fire mod pin and the turn of the barrel of the PPSH
Visual bug for displaying a zero bonus in the base level zones in the Hideout
Visual bug with the availability of time selection before the raid on the Laboratory screen
A bug where the player could spawn outside the location
You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments. It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Limited Supply - There will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here. Once they are all issued Bitcoin will be truly deflationary. The halving countdown can be found here.
Open source - Bitcoin code is fully auditable. You can read the source code yourself here.
Accountable - The public ledger is transparent, all transactions are seen by everyone.
Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works. You can even run a node on a Raspberry Pi.
Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
Push system - There are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them.
Low fee scaling - On chain transaction fees depend on network demand and how much priority you wish to assign to the transaction. Most wallets calculate on chain fees automatically but you can view current fees here and mempool activity here. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, a second layer scaling solution currently rolling out on the Bitcoin mainnet.
Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply memorizing a string of words for wallet recovery (while cool this method is generally not recommended due to potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for new users due to ease of use and additional security).
Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage. Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".
Securing your bitcoins
With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor, Ledger or ColdCard is recommended. Alternatively there are many software wallet options to choose from here depending on your use case.
If you prefer to let third party "Bitcoin banks" manage your coins, try Gemini but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email! 2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".
Where can I spend bitcoins?
Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out. If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.
Just like any other form of money, you can also earn bitcoins by being paid to do a job.
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.
The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
one bitcoin is equal to 100 million satoshis
1,000 per bitcoin
used as default unit in recent Electrum wallet releases
1,000,000 per bitcoin
colloquial "slang" term for microbitcoin (μBTC)
100,000,000 per bitcoin
smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki. Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval. Welcome to the Bitcoin community and the new decentralized economy!
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