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bitcoin

What is a good place to swap L-BTC?


Any recommendation on where to swap BTC to L-BTC?

Thanks


I am a passionate and avid bitcoin supporter, with a genuine interest in understanding the dynamics of the market, the recent surge that propelled Bitcoin prices beyond $44,000 has sparked both excitement and concern.

The conventional explanations centers around factors like the halving and ETF approval. However, I'm questioning whether these are the true drivers behind the price surge.

It is curious at least to see that tether has increase it issuance for tethers by $5 B in the past month and unlike  USDC, Tether's backing appears to be reliant on loans secured by cryptocurrencies rather than fiat currency.

We seem to have cleaned pretty much all bad actors and I am concerned if there is indeed market manipulation this can have repercussions for new people coming into bitcoin. 



Is Tether the cause of BTC price raise?

Kraken Ordered to Turn Over User Information to the IRS

shadowymartian

What CEX are left in the US?  anyone has any suggestion?

deleted by author

Role of credit in a bitcoin dominated economy

Over the weekend, I had a discussion with a friend about BTC. We touched on the topic of credit, and I'm curious understand what the community thinks about it.

I am aware that people like Saifedean sees credit as an undesirable and destabilizing force in economies. 

I can see that in certain situations could be good thing to have but not sure how it could work on a bitcoin world, like starting a business

What are your thoughts on this?

Has anyone used Liquid to anonymize or for private transactions?

Can you pls elaborate the best way to do it? Does it work if you do not have your own Lightning node? I do have a BTC core node though


I'm curious if anyone has experience with "pegging-in" Bitcoin to the Liquid network and utilizing L-BTC for private transactions. 

What was your experience with:

- The conversion process from Bitcoin to L-BTC?
- Withdrawals from exchanges directly as L-BTC?
- Reverting from L-BTC back to Bitcoin ("pegging-out")?



What's Your Strategy for UTXO Consolidation in Light of Privacy & Fee Trade-offs

I do not have any specific privacy concerns, my concern is mostly having UTXOs with small amounts that are hard to spend in the future because of network fees.


I've been thinking over the best practices for UTXO consolidation and would love to hear your strategies. As we know, consolidation can significantly reduce future fees and make wallet management easier. 

Here are a few specific points I'm curious about:

How do you decide when it's the right time to consolidate your UTXOs? Do you wait for low network fee periods or have a threshold of outputs to reach before consolidating?

Are their any privacy considerations to take into account when combining UTXOs? 

Looking forward to learning from your experiences.


Michael Saylor has made headlines yet again with his latest Bitcoin purchase, which now brings his holdings to nearly 1% of all the total Bitcoin. I have a great deal of respect for Saylor and admire his commitment to bitcoin and sound money. 

I am curious to understand  and have a constructive conversation around the potential ramifications of such a level of Bitcoin concentration in the hands of a few.

Do you think it presents any challenges or opportunities for the broader Bitcoin  ecosystem? Moreover, how might this influence the decentralized ethos that underpins Bitcoin?


Implications of Saylor Owning Nearly 1% of All Bitcoin


Maybe another country will adopt BTC

https://www.wsj.com/articles/argentine-presidential-primary-voters-propel-far-right-outsider-to-surprise-win-ec24e5b4

Argentine, Javier Milei has pledged to dissolve central bank, slash spending


Has anyone use it? 

https://www.icointechnology.com/

What is your take on iCoin Wallet ?

Bisbee, Chainalysis Head, Admits No Evidence for Software Efficacy


https://www.yahoo.com/lifestyle/us-citizens-visa-travel-europe-154500534.html?guccounter=1



Slowly but surely, US Citizens Will Need Visa To Travel To Europe in 2024


Let's say you have between $30,000 to $50,000 USD to invest into Bitcoin, what do you think it would be the best way to invest it?

The two primary investment strategies I'm considering are:

- Lump Sum Investment: Immediately purchasing BTC with the entirety of the investment capital at the current market rate. 

 - Bitcoin Mining: Allocating the funds towards the procurement of mining equipment, as well as the ongoing electricity and other related expenses. In this scenario, the electricity cost is estimated to be around $0.07.

While I have done some preliminary research and am aware that each of these options carries its unique set of advantages and challenges, I am particularly interested in hearing directly from those of you who have hands-on experience, especially with Bitcoin mining.
