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How a Bitcoin Transaction Works


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    • By LNN
      1. You’re too late - NEVER TRUE.  
      2. You don’t have enough - ALWAYS TRUE

    • By admin
      A: It provides a protocol for generating, securing, and transferring the hardest money man has ever known instantly, globally, unstoppably, and irrevocably.

    • By Claudia Sanchez
      “I advise you to buy from me gold (Bitcoin) refined by fire (Energy) that you may become rich.” (Revelation 3:18a)

      A recent article called "Bitcoin is Time" made the case that Bitcoin is essentially a clock. (Father Time aka GOD)
      Buying bitcoin from god refined by fire to become rich. Spiritually rich. Not with yellow rocks but “rich toward God.” (Luke 12:21)

      Here is an illustration Jesus once offered to the people of Israel:
      How to be "rich toward God"?
      Saint Paul explained what that gold is when he told Timothy to give orders to wealthy Christians “to work at good, to be rich in fine works, to be liberal, ready to share, safely treasuring up for themselves a fine foundation for the future.” Only by expending themselves in this way could they “get a firm hold on the real life.” (1 Timothy 6:17-19)
      This is the purpose of Bitcoin and now your purpose should you listen to Jesus.
    • By Money & Finance
      Documentary about the cryptocurrency Bitcoin: Bitcoin: Beyond The Bubble - What is Bitcoin?
      With the advent of Bitcoin, the world's premier digital currency, for the first time in history money is no longer controlled by banks or governments, but by the people who use it.
      Bitcoin: Beyond The Bubble (2018)
      Director: Tim Delmastro
      Writer: Tim Delmastro
      Stars: Jeff Berwick, Catherine Austin Fitts, Trace Mayer
      Genre: Documentary | Short
      Country: Australia Language:
      English Release
      Date: 1 May 2018 (Australia)
      Storyline: What is Bitcoin? With the advent of Bitcoin, the world's premier digital currency, for the first time in history money is no longer controlled by banks or governments, but by the people who use it. But where did this currency come from? How does it work? And is it truly the way forward, or just a flash in the pan?
    • By Money & Finance
      Money is simply a tool that humans use to move value across space and time. Fiat currencies were clearly designed to be spent. Wanting to save the fruits of your labor with a fiat currency is totally foolish.

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    • By Money & Finance
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    • By Money & Finance
      Ex-Canadian PM Stephen Harper has said that Bitcoin could be used as a part of a basket of reserve alternatives to the US dollar. He added that central bank digital currencies, or CBDCs, were “inevitable” to some degree at one point, but it would still be subject to various monetary policies. He also expressed his concerns regarding central banks becoming “kind of a general banker” rather than just a financial monitor.

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    • By Money & Finance
      Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank. The RFI was circulated to at least one well-known crypto custody player toward the end of 2020. The bank's digital assets initiative is "part of a broad digital strategy," the source said.

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    • By admin
      The Winklevoss twins’ thesis is simple. For them, Bitcoin is gold 2.0 that will eventually disrupt gold:
      “Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold.”
      Based on this observation, the Winklevoss twins believe that Bitcoin will reach the gold market cap in the next decade. The gold market cap is currently $9T.
      The advantage of Bitcoin is that its monetary policy is programmatic. Everything is predictable. We can therefore estimate fairly accurately the number of Bitcoins that will be in circulation in 2030. This number will then be 20 million BTC.
      If Bitcoin has a market cap of $9T in 2030, the price of Bitcoin will be $450K.
      Over the next decade, the great monetary inflation we are currently experiencing will continue to intensify. Under these conditions, the U.S. dollar will continue to weaken, which will boost the price of gold, but also the Bitcoin price.
      Under these conditions, the Bitcoin price could be closer to $500K than $450K with a market cap similar to that of gold in 2020.
      The reasoning of the Winklevoss twins is the same reasoning that many Bitcoiners do as well. It is based on three major elements:
      The law of supply and demand.
      The gold market cap.
      The endless inflation of the U.S. dollar.
      With its current price of $18K, Bitcoin has enough to offer a 25x gain to all those who will choose to buy it before becoming HODLers.
    • By admin
      Did you know that every single Norwegian citizen indirectly owns 0.000114 BTC?
      ''Oljefondet'' is a fond controlled by the Norwegian goverment where alot of Norways oil profits goes and are invested.
      Every norwegian owns an equal part of this fund.
      ''Oljefondet'' Owns a 1,51% Stake in Microstrategy (source:https://www.nbim.no/no/oljefondet/beholdningene/beholdninger-per-31.12.2019/?fullsize=true)
      Microstretegy owns approx 40,824 BTC (soruce: https://bitcointreasuries.org/)
      The Norwegian population is 5 367 580 (source: https://www.ssb.no/befolkning/statistikker/folkemengde/aar-per-1-januar)
       
      That means that every Norwegian citizen owns 0.00011485 BTC or approx 2 USD.
       + another 0,000000728 BTC pr Citizen from Square Inc. (4709 BTC where Norway has a 0,83% of the shares)

    • By TheWorldNewsOrg
      Bitcoin has profound impacts on our understanding of how the economy works and at the same time the technology behind Bitcoin is an incredible achievement in the field of distributed systems.

      Hello guest! Please register or sign in (it's free) to view the hidden content. Intro
      Hello guest! Please register or sign in (it's free) to view the hidden content. Economics & Ethics of Bitcoin
      Hello guest! Please register or sign in (it's free) to view the hidden content. Technology of Bitcoin
      Hello guest! Please register or sign in (it's free) to view the hidden content. Where will Bitcoin go?
      Hello guest! Please register or sign in (it's free) to view the hidden content. Final notes  
      Final notes Here is a list of more sources.
      Books:
      Saifedean Ammous - The Bitcoin Standard (economics)
      Andreas Antonopoulos - The Internet Of Money series (general)
      Andreas Antonopoulos - Mastering Bitcoin (technology)
      Jörg Guido Hülsmann - Ethics Of Money Production (ethics, economics)
      Austrian Economics: Hayek, Mises, Rothbard
    • By LNN
      Alistair Milne (British investor and entrepreneur)  $120,000 USD by 2021 Max Keiser (Founder and CEO of Heisenberg Capital): $400,000 USD Anthony Pompliano (founder of Morgan Creek Digital): $100,000 USD by 2021 Tim Draper (Bitcoin advocate and venture capitalist): $250,000 by 2022 Raoul Pal (CEO of an investment strategy research service The Global Macro Investor): $1 million by 2025 Jeremy Liew (partner at Lightspeed Venture Partners and the brain behind Snapchat): $500,000 by 2030. (Citibank) Fitzpatrick's prediction is $318,000 for Bitcoin price in December 2021
    • By admin
      Compare your banks security encryption to bitcoin's
    • By Michael Krewson
      It is interesting to see so many different people around the world from different nations going in on this.    
    • By Michael Krewson
      "The lines say we might go up to 1 trillion or down 0, no financial advice though."fast forward 1 day: price went up or down"See? I told you guys!"   Now it is official: if it goes up, we will see higher prices.
      I know for certain we’ll hit 10,900 so there’s a good chance we’ll pass 10,800 along the way. But no guarantees.   You can also take a loan..   A second mortgage on the house.
      Or sell some organs....
      Or sell some of your grandmothers organs.... she won’t need those kidneys soon anyways and you could have some precious BTC
      Sell futures to your own organs and buy them back with the appreciated bitcoins after they've goon up!
      Don’t forget to ask relatives for money. Tell them you are in danger of losing your house. Once they give you money, immediately take the whole chunk of money and market buy Bitcoin.
      My long lost Nigerian cousin who is a prince told me something similar. Except he needed it to buy his village back. I'm still waiting for him to tell me everything is okay. ☺️   I just sold, so this might be going moonward, boys.   And if what you like what you heard and saw here on the free channel we’ve got our other channels pro channels with over 8500 students so if you want to join my beginners group just click on the link. If you’re looking to get rich fast make sure to buy plenty of our sponsor coin they’re all great guys over there and they just happen to have some of the best ideas out there nothing short of revolutionary but don’t take it from the guys (they’re paying) who love them and do some research of your own it can all be found in the description below.  
    • By egorkramarskiy
      A server or storage device that stores the entire blockchain and runs Bitcoin client software that checks all transaction data and the blockchain for compliance with the Bitcoin protocol. Online payment options have changed the way companies conduct business with their customers and customers, and today, almost every online order is quick and easy. Hello guest! Please register or sign in (it's free) to view the hidden content. - Hello guest! Please register or sign in (it's free) to view the hidden content. not only gives regular users the opportunity to buy and sell Bitcoin through their credit cards and bank accounts, but also a dealer service.




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