We’re building an online marketplace called Kasego. It’s like Fiverr, but without the 20% fees because we plan on utilizing the Bitcoin Lightning Network. Take a look at this mock-up and my comment below to learn more. Feedback welcomed!

We're building an online marketplace called Kasego. It's like Fiverr, but without the 20% fees because we plan on utilizing the Bitcoin Lightning Network. Take a look at this mock-up and my comment below to learn more. Feedback welcomed! submitted by /u/JoeB34
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Bitcoin – The Currency of the Internet

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don’t trust, we verify.

Bitcoin is an adversarial network; by my count there were 68 attempts in the past week to feed an invalid block to my node. There was also an attempt to create 234,512 BTC out of thin air. This is why we don't trust, we verify. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

6,932,309,904,123 bolivares were traded in LocalBitcoin Venezuela during past week, which equals to 529 BTC. Exchange rate is around 2,500,000 Bs. per USD. Minimum monthly wage is 2,550,000 Bs. around 1 USD per month.

Hello, Venezuelan living in Venezuela.

Just posting the updated number for this week.

https://coin.dance/volume/localbitcoins/VEF/BTC

See my older posts to see the full context, any question AMA.

I just want to explain something I saw in older posts, some people say that the exchange rate is around 80,000 Bs. per USD. That is the fixed rate SET by the government, no one sells at that rate, only the government does and it's limited, they sell only around 1millon USD each two weeks which of course is NOT enough to supply the country demand.

So there is a black market / street market that works with supply and demand. Anyway, if we use the exchange rate set by the government minimum wage would be around 32 USD per month (2,550,000 / 80,000)

One kilo of meat is around 5,000,000 Bs. so using street rate that is around 2 USD using government fixed rate that is 62.5 USD, which one makes more sense?

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

Exactly 5 years ago Wired wrote “The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet.” The loss is currently worth $124,453.58

Exactly 5 years ago Wired wrote "The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet." The loss is currently worth $  124,453.58 submitted by /u/edlund10
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Bitcoin – The Currency of the Internet