My reaction when I spend hours explaining to my colleague that bitcoin is valuable because it’s the first piece of digital scarcity, the hardest money, and a global open access decentralised payment system, and he still insists it’s the same as tulip bulbs

My reaction when I spend hours explaining to my colleague that bitcoin is valuable because it’s the first piece of digital scarcity, the hardest money, and a global open access decentralised payment system, and he still insists it’s the same as tulip bulbs submitted by /u/autonova3
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Bitcoin – The Currency of the Internet

MtGox Civil Rehabilitation claims now open. EVERYONE WHO CLAIMED IN THE PAST MUST CLAIM AGAIN.

Announced today on MtGox's website:https://www.mtgox.com/

People who never claimed in the past should be able to claim under Civil Rehabilation, so it is not too late.

Deadline is October 22nd 2018 to fill a claim. If you lost your credentials/old email used to sign on MtGox, you will not be able to claim online and will need to claim offline, so DO NOT WAIT.

If you submitted a claim in the past on MtGox or with Kraken, YOU NEED TO CLAIM AGAIN. The procedure changed from bankruptcy to civil rehabilitation and you need to submit a claim. I believe you might lose your claim if you do not submit one under the civil rehabilitation process as bankruptcy is no longer in play. Kraken is also no longer involved.

Under civil rehabilitation, your claim is not a fixed price per BTC at time of commencement of bankruptcy. Everyone will be entitled to their fair share of all remaining BTC held by the trustee. Claims will not be locked in at the 50058.12 JPY valuation per BTC and Mark will receive nothing. Value from claimed forks (BCH, etc) will also be distributed or sold then proceeds distributed.

All documents are published on the website. It's a long read, but all the details are there.

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

So far I’ve made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs.

So far I've made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs. submitted by /u/Legitinternetguy
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Bitcoin – The Currency of the Internet