Bitcoin Reddit

More / Bitcoin Reddit - 3 years ago

Taxes and using Bitcoin Daily in USA

If BTC is considered property like real estate in America, how does one get around not paying a 15-20% tax when you sell? Let’s say you use BTC in El Salvador as daily transactions. Do you still pay taxes on it in America? submitted by ...

More / Bitcoin Reddit - 3 years ago

High fee low volume transaction

What were people doing when they did this? https://mempool.space/tx/741f54b99e5cdbfe375c411dc9a1270b4be3677ebfec36ef086ecadcfb8ceac9 submitted by /u/extrastone [link] [comments]

More / Bitcoin Reddit - 3 years ago

Quantum Proof soft fork progress

Just wondering if there’s any recent updates on the progress of soft forking bitcoin to have post-quantum cryptography to guard against quantum hacking. We saw how fast AI advancements came upon us, and I suspect quantum computing will do something s...

More / Bitcoin Reddit - 3 years ago

All the grains of sand in the world.

Is the following metaphor adequate to show the security / probsbility of seed phrases? You take a pot of sand and distribute all grains of sand on all the deserts and beaches of the world. Then another person picks some random grains of sand. How lon...