r/Bitcoin

I am at Chase Bank trying to make a cash withdrawal. My drivers license and Chase credit card have not proven enough ID to satisfy their computers. They have just commented it is a 50-50 shot if they run it through a different computer that it will work.

I can't wait until the world accepts Bitcoin as readily as usd cash.

175

101 comments

Posted by

14 hours ago

Genuinely curious: why did the US rate pause affect Bitcoin price today?

It seems pretty clear to me that the US Fed's decision to pause rate hikes had an immediate impact on the price of BTC. Why is that? I'm not concerned about short term price of BTC or sustainability of USD and whatnot, but rather I'm curious about the economic principles at play in general. Looking to learn something here vs be shilled to please. Thanks!

80 comments

Posted by

4 hours ago

Love the mempool...

It's better than anything on TV. Can watch for hours and hours. All those blocks, wondering who sent them, who will receive them, what lives will be changed by them. God damn it, it's just the best isn't it?

6 comments

About Community

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

Created Sep 9, 2010

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Guidelines

Do not use URL shortening services: always submit the real link.
Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news.
Submissions that are mostly about some other cryptocurrency belong elsewhere. This subreddit is exclusive to Bitcoin.
Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.
No referral links in submissions.
No compilations of free Bitcoin sites.

r/Bitcoin Rules

No malicious content

No trolling

Do not promote altcoins

The primary topic is Bitcoin

Avoid repetition

No begging

No trading

No faucets

No URL shorteners or referrals

10.

Do not promote contentious hard forks

Download Bitcoin Core

Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. You can also use Bitcoin Core as a very secure Bitcoin wallet.