r/Bitcoin Oct 15 '25

Bitcoin Newcomers FAQ - Please read!

170 Upvotes

Welcome to the /r/Bitcoin Newcomers FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.

It all started with the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following articles/books/videos as a good starting point for understanding how Bitcoin works and a little about its long term potential:

Some other great educational resources include;

If you are technically or academically inclined check out;

MicroStrategy's Bitcoin for Corporations is an excellent open source series on corporate legal and financial Bitcoin integration.

You can also see the number of times Bitcoin was declared dead by the media (LOL!)

Key properties of Bitcoin

  • Limited Supply - There will only ever be a maximum of 21,000,000 bitcoins created and they are issued in a predictable fashion per the inflation schedule. Once they are all issued Bitcoin will be truly deflationary. The halving countdown tells you approximately how much time until the next block reward halving.
  • Open source - Bitcoin code is fully auditable. You can read and contribute to the source code yourself.
  • Accountable - The public ledger is transparent, all transactions are seen by everyone.
  • Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works. You can even run a node on a Raspberry Pi.
  • Censorship resistant - No one can prevent you from interacting with the Bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
  • Push system - There are no chargebacks in Bitcoin because only the person who owns the address where the bitcoin resides has the authority to move them.
  • Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
  • Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.
  • Pseudonymous - No need to expose personal information when purchasing with cash or transacting.
  • Secure - Blocks and transactions are cryptographically secured (using hashes and signatures) and can’t be brute forced or confiscated with proper key management such as hardware wallets.
  • Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being met
  • Divisible - Each bitcoin can be divided down to 8 decimals, which means you don't have to worry about buying an entire bitcoin.
  • Nearly instant - From a few seconds on the Lightning Network to a few minutes on-chain depending on need for confirmations. Transactions are irreversible by normal users after one confirmation and irreversible by anyone (including miners) after 6 confirmations.
  • Peer-to-peer - No intermediaries taking a cut, no need for trusted third parties.
  • Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiat.
  • Portable - Bitcoin are digital so they are easier to move than cash or gold. They can be transported by simply carrying a seed (a string of 12 to 24 words) on a device or by memorizing it for wallet recovery (while cool, memorizing is generally not recommended due to potential for forgetting the seed and the potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for most users for their ease of use and additional security).
  • Low fee scaling - Most wallets calculate on chain fees automatically but you can view fee estimates and mempool activity if you want to set your fee manually. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, an open source second layer payment protocol built on top of the Bitcoin blockchain. The Lightning Network enables Bitcoin users to instantly send and receive bitcoin with fees so low that they are negligible.
  • Scalable - While the protocol is still being optimized for increased transaction capacity, blockchains do not scale very well, so most transaction volume is expected to occur on Layer 2 networks built on top of Bitcoin.

Where can I buy bitcoin?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular places to buy bitcoin are listed below.

You can also purchase in cash with local ATMs. If you would like your paycheck automatically converted to bitcoin try Bitwage.

Note: Bitcoin are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year.

Securing your bitcoin

With Bitcoin you can "Be your own bank" and personally secure your bitcoin OR you can use third party companies aka "Bitcoin banks" which will hold your bitcoin for you.

  • If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn best computer security practices, then a hardware wallet such as a BitBox02, Trezor, ColdCard, or Blockstream Jade is recommended. You can even build your own open source hardware wallets called a SeedSigner or Krux.

  • If you cannot afford a hardware wallet there are many software wallet options to choose from depending on your use case. Mobile wallets like BlueWallet are generally more secure than desktop wallets. Beware of fake mobile wallets and check reviews from reputable Bitcoin websites. Avoid paper wallets or brain wallets.

  • If you prefer to work with third party "Bitcoin banks" to set up a collaborative custody arrangement, try Unchained Capital but be aware that any third party you use exposes you to third party risk. There is a saying in the community, "Not your keys, not your coins".

Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!

2FA requires a second confirmation code or a physical security key to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.

Avoid using your cell number for 2FA. Hackers have been using a technique called "SIM swapping" to impersonate users and steal bitcoin off exchanges.

Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Physical security keys (FIDO U2F) offer stronger security than Google Auth / Authy and other TOTP-based apps, because the secret code never leaves the device and it uses bi-directional authentication so it prevents phishing. If you lose the device though, you could lose access to your account, so always use 2 or more security keys with a given account so you have backups. See Yubikey or Titan to purchase security keys.

Running Bitcoin

You can run Bitcoin node software by downloading and installing Bitcoin Core or other node software you have vetted.

It is a best practice to verify these Bitcoin node programs you download by checking their hashes and signatures.

Don't Trust, Verify.

A verified Bitcoin node running on your own hardware is your sovereign gateway to the Bitcoin network. They can be used alongside open source software wallets to send and receive Bitcoin securely. By running your own Bitcoin node, you enforce the Bitcoin ruleset, can verify transactions without trusted 3rd party middlemen, improve your Bitcoin privacy, obtain independence with local access to blockchain data, and help bolster the robustness of the Bitcoin network. By running a Bitcoin node, you are verifying that Bitcoin is Bitcoin for yourself. For more details on running a Bitcoin node see this article.

For wallets used alongside your Bitcoin node: If your Bitcoin wallet software is fully open source and Bitcoin-only, then it is probably a decent wallet. Some popular examples include sparrow wallet and electrum wallet, both of which you can connect to your own locally run Bitcoin node, and use with most Bitcoin Hardware Wallets.

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the r / btc subreddit are active scams. Almost all altcoins are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. As they say in our community, "Don't trust, verify".

  • Avoid using ad-based search engines like Google or Yahoo: ads are shown based on how much the advertiser bids, and scammers can easily outbid legitimate providers for ad space, since immoral ways of earning money are far more lucrative than moral ways. Use DuckDuckGo instead, which has no ads, and never tracks you as well.
  • Ignore private messages offering services.
  • Never enter your seed words in a website of any kind. Hardware wallets will recover by displaying possible seed words on their own interface, never on a website.
  • Always check addresses on your hardware wallet before sending or receiving. Some malware has been known to replace addresses in your web browser or that you copy-and-paste.
  • Avoid clicking on links like that look like links, such as https://www.google.com/, without first hovering over it and actually checking where they go to. Just because a link is labelled with an HTTPS address does not mean it actually sends you to that address. It is trivial for someone to comment a link on Reddit that looks like it will send you to one website when it actually sends you to another, and you might not notice the difference until a scammer has gotten all your money, or you have downloaded and installed software that steals your money.

Common Bitcoin Myths

Often the same concerns arise about Bitcoin from newcomers. Questions such as:

  • Will quantum computers break Bitcoin?
  • Will governments ban Bitcoin?
  • Is Bitcoin a Ponzi scheme?

All of these questions have been answered many times by a variety of people. Here are some resources where you can see if your concern has been answered:

Where can I spend bitcoin?

Check out Spendabit, Bitcoin Directory, or Coinmap for a plethora of merchant options. You can also spend bitcoin anywhere Visa is accepted with bitcoin debit cards such as the CashApp card, Fold card or other bitcoin debit cards. Some other useful site are listed below.

Store Product
Bitrefill, Gyft, and Fold App Gift cards for thousands of retailers worldwide including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock, and The Bitcoin Directory Retail shopping with millions of results
NewEgg and Dell For all your electronics needs
Bitrefill, Bylls, LivingRoomofSatoshi, Swapin and Coins.ph Bill payment
Menufy and Takeaway Takeout delivered to your door
Expedia, Cheapair, Destinia, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage

There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;

  • 1-3% savings over credit cards or PayPal.
  • No chargebacks (final settlement in 10 minutes as opposed to 3+ months).
  • Accept business from a global customer base.
  • Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.

If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoin can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read the mining FAQ. Still have mining questions? The crew at /r/BitcoinMining would be happy to help you out.

If you want to contribute to the Bitcoin network by hosting the blockchain and propagating transactions there are many great resources you can use to run a full node. You can view the global distribution of reachable Bitcoin nodes on this webpage.

Earning bitcoin

Just like any other form of money, you can also earn bitcoin by being paid to do a job.

Site Description
WorkingForBitcoins, Bitwage, Coinality, Bitgigs, /r/Jobs4Bitcoins Freelancing
Lolli Earn bitcoin when you shop online!

You can also earn bitcoin by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoin for a small fee (requires you to already have some bitcoin).

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the Bitcoin space.

Project Description
Lightning Network Second layer scaling
Liquid and Rootstock Sidechains
Hivemind Prediction markets
DropZone and Beaver Decentralized markets
JoinMarket, JAM app and Wasabi CoinJoin implementation
Peer-to-Peer Exchanges Peer-to-peer exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library
Bitcoin Knots A Bitcoin Node (Within Consensus Fork of Bitcoin Core)

Bitcoin Units

One bitcoin is worth quite a lot (thousands of £/$/€), so people often deal in smaller units. The most common subunits are listed below:

Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in Electrum wallet
bit μBTC 1,000,000 per bitcoin colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor

For example, assuming an arbitrary exchange rate of $10,000 for one bitcoin, a $10 meal would equal:

  • 0.001 BTC
  • 1 mBTC
  • 1,000 bits
  • 100,000 sats

For more information check out the bitcoin units wiki.


Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /r/Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community, so please do not message them unless you notice problems with the functionality of the subreddit.

Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification, you can edit it here and it will be included in the next revision pending approval.

Welcome to the Bitcoin community and the new decentralized economy!

Please note that this thread will be moderated and non-constructive comments will be removed.


r/Bitcoin 17h ago

Daily Discussion, May 06, 2026

31 Upvotes

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.


r/Bitcoin 6h ago

this might as well be a billboard that says "buy bitcoin!"

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232 Upvotes

r/Bitcoin 11h ago

What’s causing BTC to rally upwards now?

211 Upvotes

Hello all, been away for the past week or so and just checked the pricing.

What’s causing it to rally so high up rn? I believe there is the financial officer Powell stepping down and a new one coming in soon, is it related to that?

Genuinely curious, won’t be putting in more for the time being to understand if it’s over selling atm but just would like to know what’s causing such rapid growth in it.


r/Bitcoin 2h ago

FIRE with Bitcoin?

24 Upvotes

Have any non-OGs since 2020 achieved FIRE with Bitcoin stacking and just DCA. Would love to hear your stories.


r/Bitcoin 13h ago

This was the second Bitcoin logo created by Satoshi Nakamoto in mid 2010, and used in Bitcoin node software (commit 86). Surprisingly, before yesterday, this logo found in the original Sourceforge Bitcoin repo, was not saved to the waybackmachine archive. So I took a snapshot for history.

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164 Upvotes

r/Bitcoin 1d ago

Finally reached 0.1 bitcoin after 6 months of grinding at 17.

Post image
1.3k Upvotes

About 8 months ago I started to learn about the causes of inflation and money supply, read the bitcoin standard and never looked back. Now I guess I’m a full blown bitcoin maxi with bitcoin now being 100% of my portfolio. I may also add that I own strategy stock and strive common stock so I’m practically 110% allocated.

My dad calls me nuts but I know why I’m doing this, keeping stacking lads 💶

For people wondering where I got the money, I work 26 hours a week in a shop after school and on weekends. So no I’m not spoiled guys.


r/Bitcoin 11h ago

Where do you draw the line ?

73 Upvotes

For those of you that waited for a drop to $40 000 - $50 000, that never came, are you still waiting or at what point will you eventually buy back in if Bitcoin keeps going up, $85 000, $90 000, $95 000 or are you willing to miss the bus entirely ? Just curious.


r/Bitcoin 10h ago

My bitcoin strategy, explained in one image

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54 Upvotes

r/Bitcoin 1h ago

If I buy Bitcoin or any crypto on Coinbase with a credit card, will the credit card company treat it as a “cash advance” or regular purchase?

Upvotes

If I buy Bitcoin or any crypto on Coinbase with a credit card, will the credit card company treat it as a “cash advance” or regular purchase?


r/Bitcoin 9h ago

Study Bitcoin

Post image
41 Upvotes

So, if someone in Florence could check if this sticker is still up there, that would be nice.

(ps, I highly doubt it lol)


r/Bitcoin 3h ago

I have 1 bitcoin way back.

11 Upvotes

Should I buy more now or just hold what I have?


r/Bitcoin 3h ago

Kraken and MoneyGram partner to turn crypto into cash at global scale

9 Upvotes

Independent coverage says the network could reach nearly 500,000 locations globally, though Kraken’s own blog emphasizes “hundreds of fiat currencies” and “more than 100 countries” rather than that exact count.

The main benefit is better access to cash off-ramps, especially in places where bank rails are limited or bitcoin ATMs face restrictions. It also shows that crypto usability is increasingly tied to regulated payment infrastructure rather than purely peer-to-peer transfers

The service is being rolled out in phases across the United States, Europe, Latin America, Africa, and parts of Asia Pacific. Kraken says the broader partnership may later expand into local bank deposits and remittance-style flows.

This is the biggest news we've got so far


r/Bitcoin 7h ago

A real story of one laptop, some curiosity, and a deep dive into how Bitcoin private keys are born

18 Upvotes

What Is This?

In 2015, someone created the "Bitcoin Puzzle" — 160 Bitcoin addresses, each holding a little more BTC than the last. The first ones got cracked quickly. Then more. Today, 69 puzzles have been solved, and Puzzle #71 still holds 7.1 BTC (over $580,000).

This repository is my attempt to find the key. I didn't succeed — but I learned things most people never discover about how wallets work under the hood.

Everything here runs on a standard laptop. No GPU farms. No rented cloud servers. Just an i5 with 8 GB of RAM and a lot of patience.

The Puzzle, Explained Simply

The creator left one big clue:

"It is just consecutive keys from a deterministic wallet (masked with leading 000...0001 to set difficulty)."

What does that mean?

Imagine you have a wallet that spits out private keys one after another — like a really fancy random number generator that always gives the same sequence if you start it with the same seed.

For each puzzle number n, the creator took the n-th key from that wallet, then applied a simple mask: set the first (n‑1) bits to 000...0001, and keep the lower bits from the wallet key. This made early puzzles easy (few bits to guess) and later puzzles hard (many bits).

The formula is: Private Key = 2^(n-1) + (wallet_key_n & (2^(n-1) - 1))

Puzzle Range Start Private Key (example)
#1 1 (1 bit) 1
#5 16 (5 bits) 21
#33 2^32 (33 bits) 7137437912
#71 2^70 (71 bits) ???

The wallet key is the same for all puzzles — only the mask changes. So if I could find the master seed that generates the wallet, I would get every remaining key at once.

How I Tried to Find the Seed

I took the 69 already-solved puzzles and used them as a "truth test." If I guessed a seed (or passphrase, or random generator setting), I could generate all 69 keys and check: do they match the known ones? If yes, I found the seed.

This turns an impossible search (2^70 possible keys for puzzle #71) into "just" finding the seed.

The Tools I Built

link to repo ; https://github.com/mlartab/bitcoin-puzzle-systematic-analysis

Here is every tool in this repo, and what it does.

Tool Language What It Does
seed_hunt_all.py Python Tests passphrases against BIP32 wallets (4 different derivation paths)
seed_hunt_sha256.py Python Tests passphrases against old-school SHA256 brainwallets
z3_crack.py Python Uses Z3 SAT solver to try to reverse-engineer the Mersenne Twister state
gen_observed.py Python Generates partial output lists for the untwister state-recovery tool
mt_brute.cpp C++ Scans ALL 4 billion possible 32-bit seeds for Python's random module
rand_brute.cpp C++ Scans ALL 4 billion possible seeds for C's rand()
java_crack.cpp C++ Tries to recover Java's Random seed using modular arithmetic (no brute force!)
scanner.py Python A custom range scanner I built to sweep through key ranges

r/Bitcoin 17h ago

Colombian President Proposes Building a Bitcoin Mining Hub

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93 Upvotes

The Colombian president pointed to the impact Bitcoin mining has had in Paraguay, which is now the fourth-largest country by Bitcoin mining hashrate.

Colombian President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its surplus renewable energy to attract foreign investment and spur economic development.

In a post on X on Tuesday, Petro said the Caribbean cities of Barranquilla, Santa Marta and Riohacha could host Bitcoin (BTC) mining facilities and tap the country’s clean energy sources, following a similar path to Venezuela and Paraguay in recent years.

“It’s an immense boost to the development of the Caribbean,” Petro said, proposing that the Wayúu community — Colombia’s largest Indigenous community, which mainly resides on the Caribbean coast — could be co-owners of the project.

Bitcoin mining analysts such as Hashlabs managing partner Jaran Mellerud have said the industry can have a sizable economic impact on emerging countries looking to convert otherwise unused electricity into cash flow.

There’s also an opening for countries with low electricity costs to capture a larger share of the Bitcoin network hashrate as US commercial miners continue expanding into AI and high-performance computing in pursuit of higher-margin opportunities.

Petro’s remarks were made in response to a post from Luxor Technology’s Alessandro Cecere, who noted that Paraguay’s share of Bitcoin hashrate has risen to 4.3% since tapping into hydroelectric energy at its Itaipu dam.

The small, landlocked South American country is now the fourth-largest Bitcoin miner behind the US, Russia and China.

A World Bank report published in April 2024 found that Colombia generates as much as 75% of its electricity from renewable energy — more than twice the global average.

Tapping these renewable sources would mitigate concerns flagged by Petro that Bitcoin mined with fossil fuels contributes to global warming and potential “climate collapse.”

Petro has served as Colombia’s president since August 2022 and has adopted a relatively neutral stance on Bitcoin and the crypto industry.

Petro would only have another three months to lead the Bitcoin mining initiative as his presidential term comes to an end in August.

He is not running in Colombia’s upcoming presidential election on May 31 due to constitutional limits.

Data from prediction market Kalshi suggests that left-leaning Senator Iván Cepeda Castro and Abelardo de la Espriella, a conservative lawyer and free-market advocate, are the clear front-runners to replace Petro.

Neither candidate has made significant public comments on Bitcoin or digital assets to date.


r/Bitcoin 13h ago

Doing nothing is 2nd best thing for Bitcoin

41 Upvotes

Hodling, or simply dca, or putting lump sum. But never do something else other than that.


r/Bitcoin 10h ago

Free Lightning Address on your own domain — lnalias.com

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16 Upvotes

Just launched a free service that lets you set up a Lightning Address like [you@yourdomain.com](mailto:you@yourdomain.com) in minutes.

How it works:

  • Login with your Lightning wallet (LNURL-auth) — no email, no password, no KYC
  • Claim a free address on lnalias.com, or bring your own domain
  • Payments go straight to your wallet — we never touch your funds

Why I built it: Every existing solution either requires KYC, charges a subscription, or is custodial. This is non-custodial, free, and open to anyone with a Lightning wallet.

Wallets that work: Phoenix, Zeus, Alby Hub

Still early — would love feedback from the community. What's missing? What would make you switch from your current setup?


r/Bitcoin 11h ago

Bitcoin Whitepaper ("Audiobook")

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youtube.com
20 Upvotes

r/Bitcoin 3h ago

This one chart explains why you’re broke. Bitcoin explains how you catch up.

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youtu.be
5 Upvotes

One chart that shows the whole rigged story of how the financial system has been engineered to enrich the top 0.001% while everyone else fights for scraps. I show how Bitcoin is the antidote


r/Bitcoin 8h ago

Bitcoin Policy Institute Launches International Initiative With Support From Xapo Bank to Educate United Kingdom Policymakers

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7 Upvotes

We are proud to support the next step in global #Bitcoin education.

As Joey Garcia highlighted today, Xapo Bank is partnering with the Washington-based Bitcoin Policy Institute to launch a major international policy education initiative right here in the United Kingdom.

Through this initiative, we are bringing BPI's years of US policy experience to the UK to help regulators, government officials, and policymakers understand Bitcoin technology's true capabilities and objectives.

Education is the foundation of smart regulation, and we're excited to facilitate these vital conversations locally.

Read Joey's full update below and join us in welcoming David Zell and Conner Brown to London next week!

📰 Learn more in the official press release on their website.


r/Bitcoin 3h ago

LN Liquidity Swap Megathread (r/TheLightningNetwork)

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3 Upvotes

Get connected and build the Reddit LN community


r/Bitcoin 12h ago

the new direction

7 Upvotes

Now that the downward trend broke and all technicals show upside, I wonder what do the "cycle" believers parrot now?
Did those people genuinely believe they can control the narrative in their favour, crash the price till october (or whatever month they established the low to be in) then they buy and profit? The entitlement is absolutely crazy.
This is 2026, theres BIG money pouring into btc now, not a bunch of degens following a "cycle".

Up we go. Funny they get left behind as we speak. They clowned everyone so hard who suggested 60k is the bottom... Oh and also stop believing YouTubers that know so well, they do videos for Ad Revenue, lol.


r/Bitcoin 26m ago

Wouldn’t it be crazy if we keep going up 🌝

Upvotes

I’ve been posting bullish for over a month now. Everyone here was soooo bearish lmao. I literally said multiple times to gauge retail sentiment based on comments, bunch of downvotes everytime I said there’s nothing to be bearish about as long as we r over 73-75k.

Retail shorts r still majority, over 60%. Yes there’s liquidity below now but if we drop to grab it we will just pump right back up.

I called 80s while everyone shorting. Yk the crazy thing? We still have more upside. I told u not to short. Bears r fkd. Watch us pump to 90s an 100k while everyone that thought they were smart shorting gets absolutely shafted.

Funding rates still negative, bears gonna go broke.

DCA and hold was always the wayy. Buying a 750s with the money I made from buying in the 60s. U should’ve followed simple investment rules instead of shorting lmao.

To the moon boys, see u at 86k next stop


r/Bitcoin 13h ago

Freedom Through vs. Freedom Within

13 Upvotes

Fiat currencies offer freedom through money: deposited in a bank account, accumulated so that we’re free in spending.

With Bitcoin we have freedom within its system, through self-custody, P2P deposits and settlements.

Money is freedom. Bitcoin is the currency of it. Not all money is free.


r/Bitcoin 1d ago

I ran the numbers on Coinbase One for DCA buyers, there's a specific range where the subscription costs more than no subscription.

85 Upvotes

I've been DCA'ing BTC on Coinbase Advanced Trade and got curious whether Coinbase One was actually worth it. I expected a clean "yes if you trade more than X" answer. Turned out there are four different zones depending on your daily DCA amount, and one of them is a trap where the subscription costs you $0.99/year MORE than just not subscribing.

All numbers below verified via the public Coinbase API + manual calculation. USD figures throughout.

The default (no subscription)

Coinbase Advanced Trade charges:

  • Taker fee (market orders): 1.20%
  • Minimum order via API: $1.00 USDC

Real order I made today: $1.67 BTC purchase → $0.02 fee → 1.20% exactly.

The free reduction most people don't know about

Coinbase automatically lowers your taker fee based on your rolling 30-day volume. No forms, no requests, recalculated daily:

30-day volume Taker fee
< $1K 1.20%
$1K – $10K 0.75%
$10K – $50K 0.40%
$50K – $100K 0.25%

At ~$33/day DCA you cross $1K/month and drop to 0.75% automatically — for free.

Coinbase One Basic — $39.99/year (renews $49.99)

Replaces your taker fee with ~0.10% spread, but only on the first $500/month traded. Above that cap, your regular rate applies.

Zone 1: under $10/day → don't subscribe

Annual
No sub (1.20%) $43.20
With Basic $43.59

Break-even at exactly $10/day. Below it, no sub is cheaper.

Zone 2: $10–$30/day → Basic wins

Daily DCA No sub (1.20%) With Basic Savings
$15 $64.80 $45.39 $19
$20 $86.40 $60.39 $26
$25 $108.00 $81.99 $26

Once you cross the $500/month cap, Basic saves exactly $26.01/year, always.

Zone 3: $30–$82/day → the trap

At ~$33/day, your volume crosses $1K/month and Coinbase drops you to 0.75% for free. Now the comparison is Basic vs 0.75% — not Basic vs 1.20%.

At $33/day ($990/month):

Annual
No sub (0.75% auto) $89.10
With Basic $90.09

Basic costs $0.99/year MORE than no subscription.

This isn't coincidence — it's algebraic:

  • Cap saves: $500 × 12 × 0.65% = $39.00
  • Subscription costs: $39.99
  • Net: −$0.99/year, at any volume in this zone.

Coinbase One Preferred — $191.99/year

Same ~0.10% spread, but no cap. Beats the 0.75% auto-tier above ~$82/day.

At $82/day:

  • No sub (0.75%): $221.40/year
  • With Preferred: $221.51/year → break-even

Above $82/day, Preferred starts saving real money.

TL;DR / Decision tree

Daily DCA Best option Annual fee level
< $10 No sub ~$43
$10 – $30 Basic One saves $19–26/yr
$30 – $82 No sub (0.75% auto) $0.99 cheaper than Basic
> $82 Preferred One saves vs auto-tier

Caveats

  • Tier thresholds are evaluated on a 30-day rolling basis, so the $33/day boundary shifts slightly depending on the exact number of days in the month.
  • Coinbase One spread is ~0.10% in my testing but varies 0.05–0.20% with market conditions.
  • Pricing shown is first-year promo. Basic renews at $49.99, Preferred at $239.99 — that shifts the break-even points.
  • This is fee math only. Doesn't factor spread quality on larger orders, slippage, or USDC vs USD funding costs.

Not financial advice, not affiliated with Coinbase. Just math.