GetBitcoinED
172 posts
GetBitcoinED
@GetBitcoinED1
Helping the average person understand Bitcoin and drive its adoption. Simplifying Bitcoin education for everyone.
United States Beigetreten Mayıs 2025
115 Folgt41 Follower
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JUST IN: Bitcoin developer Avihu Levy introduces "Quantum-Safe Bitcoin Transactions Without Softforks" 👀
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@AlpacaAurelius Not sure I believe that data or stat.
Raw diet/ commercial raw seems to help with health.
Stay of top of heartworm and flea and tick meds - I realize this is hard on their systems but alternatives are worse
Exercise- don’t allow obesity
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there is 1.6 cases of cancer for every 2 dogs in the United States...
almost 100% of dogs have cancer and that just started in the last 5 years.
it is criminal what we are doing to these creatures with the food we're feeding them & lifestyles we're giving them
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@AshCrypto Bold strategy - make the gains disappear first, then cancel the tax on them. The classic two-step
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🇺🇸 CRYPTO PRESIDENT TRUMP HAS ANNOUNCED 0% CAPITAL GAINS TAX ON ALL BITCOIN AND CRYPTO INVESTMENTS.
by erasing all the gains.
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@Cryptotea Wild how the narrative flipped isn't it? Retail was the early believer and now we're watching BlackRock and MicroStrategy scoop up the supply. Still think long-term it's a net positive but the irony is real
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Satoshi created bitcoin to free people from institutions
now institutions are buying bitcoin and retail is getting sidelined
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@AshCrypto Me in 2010 genuinely had the chance and was like nah seems scammy. My future self is still not over it
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@saylor Every cycle it's the same story - everyone loses faith, then Bitcoin proves them wrong again. The spring analogy hits different this time with institutions HODLing harder than ever
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We may be in the middle of a crypto winter, but spring is coming — and Bitcoin is winning.
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This is a complex issue. It’s not as simple as “people who fall for the scam are to blame.”
The scam involves VOIP, screenshare companies, telecom, and social media, and it typically comes from overseas, including Nigeria, India, and Pakistan. The targets are elderly and, in most cases, cognitively compromised.
The retail exchanges do, in many cases, KYC and provide warnings, but these are rendered useless with the victims, as they are so caught up in the scam that they bypass the warnings.
Since these machines are not providing much benefit to bitcoiners because of the inflated fees (25% average), and there are better cash on-ramp solutions, it’s only a matter of time before states and cities regulate BTMs out of business.
I do believe most of the leadership in these Bitcoin ATM companies, or all, know this will happen, and they have to know that 90% plus of the funds flowing through are illicit, with victims being overwhelmingly senior citizens.
Either you ban usage based on age limits for these machines, which I’d imagine is illegal, or you interview all people at an at-risk age via video call as part of the process, in addition to robust KYC and compliance, which is unlikely and unscalable.
However, if bitcoiners across the country don’t use these machines, I agree they likely should be banned.
I realize all financial services have varying degrees of fraud, and the BTM is only one part of the scam, but BTMs are simply causing more harm than good.
HustleBitch@HustleBitch_
🚨 CRYPTO SCAMS EXPLODE INSIDE CIRCLE K STORES - VICTIMS SAY LIFE SAVINGS VANISHED AT BITCOIN ATMS A CNN investigation just exposed what employees describe as an “open secret” inside Circle K locations nationwide. Customers are targeted by scammers and walked step-by-step to crypto ATMs inside the stores, often while being told on the phone not to hang up. You can hear the officer pleading with one potential victim: "He's scamming you out of your money. So we're trying to prevent that and stop you from doing it. He's gonna take your life savings from you. Don't let him do that." CNN and the ICIJ reviewed 150+ scam cases tied to crypto ATMs operating inside Circle K stores. The machines are owned by Bitcoin Depot, the largest crypto ATM operator in the U.S. Circle K is its largest corporate partner. Employees say management knew. The machines stayed. And the deal was renewed anyway. Once the cash goes in, it’s gone. How is this even allowed?
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This is a complex issue. It’s not as simple as “people who fall for the scam are to blame.”
The scam involves VOIP, screenshare companies, telecom, and social media, and it typically comes from overseas, including Nigeria, India, and Pakistan. The targets are elderly and, in most cases, cognitively compromised.
The retail exchanges do, in many cases, KYC and provide warnings, but these are rendered useless with the victims, as they are so caught up in the scam that they bypass the warnings.
Since these machines are not providing much benefit to bitcoiners because of the inflated fees (25% average), and there are better cash on-ramp solutions, it’s only a matter of time before states and cities regulate BTMs out of business.
I do believe most of the leadership in these Bitcoin ATM companies, or all, know this will happen, and they have to know that 90% plus of the funds flowing through are illicit, with victims being overwhelmingly senior citizens.
Either you ban usage based on age limits for these machines, which I’d imagine is illegal, or you interview all people at an at-risk age via video call as part of the process, in addition to robust KYC and compliance, which is unlikely and unscalable.
However, if bitcoiners across the country don’t use these machines, I agree they likely should be banned.
I realize all financial services have varying degrees of fraud, and the BTM is only one part of the scam, but BTMs are simply causing more harm than good.
HustleBitch@HustleBitch_
🚨 CRYPTO SCAMS EXPLODE INSIDE CIRCLE K STORES - VICTIMS SAY LIFE SAVINGS VANISHED AT BITCOIN ATMS A CNN investigation just exposed what employees describe as an “open secret” inside Circle K locations nationwide. Customers are targeted by scammers and walked step-by-step to crypto ATMs inside the stores, often while being told on the phone not to hang up. You can hear the officer pleading with one potential victim: "He's scamming you out of your money. So we're trying to prevent that and stop you from doing it. He's gonna take your life savings from you. Don't let him do that." CNN and the ICIJ reviewed 150+ scam cases tied to crypto ATMs operating inside Circle K stores. The machines are owned by Bitcoin Depot, the largest crypto ATM operator in the U.S. Circle K is its largest corporate partner. Employees say management knew. The machines stayed. And the deal was renewed anyway. Once the cash goes in, it’s gone. How is this even allowed?
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GetBitcoinED retweetet
@iAnonPatriot I don’t understand the hate. They’re not the reason housing/ economy is going poorly. The blame is the Federal Reserve.
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Baby Boomers selling their house for $1.2 million, after purchasing it for $8k in 1950.
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Property Taxes are the least evil compared to Fed/State - I agree the tax is excessive. If property taxes were banned, it would open the door for more corporate housing and individuals to buy even more homes, rent them out and may even open more doors for section 8 in suburbs. IMO - legislation is needed to address those issues before property taxes or many would be wishing for those taxes to come back after their neighbors are renters and air bnbs.
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@BTCBreadMan This is a troll post. If you rate is 2.8 interest, thats a dream. Keep it and don't pay off the mortgage. You're borrowing money for CHEAP. No way the post is not parody here.
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I finally did it guys.
As of today I finally own a whole Bitcoin.
It has taken me 5 years of stacking. I’ve never worked so hard for anything before in my life.
On Monday I will use my 1 BTC to pay off my mortgage, and achieve peace of mind forever. I’m so happy right now.
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Volatility is a good thing, at least for now. make those DCA buys early or splurge. It's a long term investment so don't freak out if you're new to bitcoin and down.
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@AAStack My account is to promote BTC and to teach people to stack. That said, this is a reasonable take IMO. If you feel like you have met your goals or simply want to diversify in assets with less volatility it's understandable
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