Seriously all crypto exchanges: You all goddamn live and breathe on the back of blockchain technology, so why the ever living jesus fuck do I have to send a complete stranger on your support chats, all my ID details. Why can’t you use some other blockchain-based privacy method that’s less shit

Seriously all crypto exchanges: You all goddamn live and breathe on the back of blockchain technology, so why the ever living jesus fuck do I have to send a complete stranger on your support chats, all my ID details. Why can't you use some other blockchain-based privacy method that's less shit submitted by /u/funkidredd
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Bitcoin – The Currency of the Internet

Satoshi Nakamoto built in defenses against quantum computing attacks – If you use one Bitcoin address one time, then your ECDSA public key is only ever revealed at the one time that you spend bitcoins sent to each address. A quantum computer would need to be to break your key in that short time.

submitted by /u/crazyeyes420
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Bitcoin – The Currency of the Internet

WSJ: First ever futures contract to pay out in Bitcoin set to be approved.

WASHINGTON—The first futures contract that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval.

The contract, launched by New York Stock Exchange owner Intercontinental Exchange Inc., is aimed at institutional players…

submitted by /u/MICKYNewsOz
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Bitcoin – The Currency of the Internet

I am sure everyone here at some point wondered why your parents didn’t invest in Apple, or Microsoft or other companies when they were just a dollar or so a share? Ever wonder why your parents didn’t buy some homes or land when it was cheap? Today I got my answer.

I was taking my dad early in the morning to an appointment he had. After he was done we went to breakfast. Out of nowhere I see a bitcoin ATM in the distance. We walked over and I got some, not a lot because it would upset him. He is against bitcoin even though he does not know what it is.

My dad has been buying stocks for 50 years, and never once does he buy into anything early on. He is always coming late to the party, I think most people are like this.

I can give you 100 reasons why you should not buy bitcoin, but those reasons will not be valid in 3 years from now given the rate of innovation and adaptation.

One day my daughter will ask me why I didn't buy more when it was cheap, my answer will be because I didn't have more money to buy, not because I thought its going nowhere.

submitted by /u/jchang23
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Bitcoin – The Currency of the Internet

The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded.

The difficulty drop coming with the next block (about -15%) is the second biggest, bitcoin has ever seen. The biggest was 2011/10/31 (-18%), after which the price doubled within two months. 15 months later price found itself 20-folded. submitted by /u/castorfromtheva
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Bitcoin – The Currency of the Internet