If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners “Ultra High Net Worth Individual” status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world’s financial elites.

If the Bitcoin price rises to over $  1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$  50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Would you like: “give BTC” option on reddit

I thought this would be a good option since "give gold" is a thing reddit staff is pursuing.

This could bring along the best answers, but I'm sure there will be many many downsides as well.

But would you give for good answers?

UPDATE:

  • TipBit is great and does exact what "give BTC" should; you register via a DM to the bot account, the bot replies with a deposit address, and then by commenting u/tip_bit /u/SOMEONE 1 where 1 is in mBTC and otherwise u/tip_bit /u/SOMEONE $ 1 for dollars, the bot will send the money to /u/SOMEONE. But, I do not trust this bot, you shouldn't either.
  • BANANO bot seems like a good option, but I have my doubts. But check out the cool commands those people created! (Psst, comment !ban 100 on any post)

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

If you haven’t used the Bisq exchange (decentralized) you should give it a try

I recently downloaded the software and I have been very impressed so far. It is quite easy to install and setup.

Now that localbitcoins.com requires ID, this is the easiest way to buy bitcoin anonymously. It's also much less scammy.

Decentralized exchanges are the only way to prevent governments shutdowns and interference. Think BitTorrent for buying and selling Bitcoin.

I highly recommend trying out a small order so that you are familiar with how things work. The volume is quite low at the moment so this would help the network grow.

I am not affiliated with bisq in any way. Just trying to spread awareness that it's out there and that it works great.

submitted by /u/Fly115
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Bitcoin – The Currency of the Internet