Sound money causes people to delay gratification, save, and invest in their futures. That sounds like just about everyone I know who is involved with #Bitcoin. Coincidence? pic.twitter.com/fr1P2G7Khk
— Lucho Poletti (@LuchoPoletti) July 5, 2019
https://twitter.com/Jacktoshicoin/status/1145727737686089728
https://twitter.com/Jacktoshicoin/status/1134633572617347073
Bitcoin halving occurs every four years on average and is a process of dividing the number of generated rewards granted to Bitcoin miners per block in half. The next Bitcoin halving is expected to happen in May 2020 and will decrease the reward to 6.25 bitcoins.#cryptoart pic.twitter.com/onIaSHhPUv
— Jacktoshi (@Jacktoshicoin) July 7, 2019
Bitcoin’s future is looking bright.
.#bitcoin #cryptocurrency #blockchain #crypto #cryptoart pic.twitter.com/vRXIupBaCI— Jacktoshi (@Jacktoshicoin) July 6, 2019
https://twitter.com/Jacktoshicoin/status/1147141952556679168
Bitcoin’s supply is limited to 21 million, which means the value will increase over time due to it’s scarcity.
.#bitcoin #cryptocurrency #blockchain #crypto #scarcity pic.twitter.com/vt1vpn8Jyk— Jacktoshi (@Jacktoshicoin) July 4, 2019
To “go long” on bitcoin means to HODL your bitcoin with the expectation that it will rise in value.
.#bitcoin #cryptocurrency #blockchain #crypto #Cryptoart #longbitcoin pic.twitter.com/9EjMdz8Lnh— Jacktoshi (@Jacktoshicoin) July 4, 2019
Dr. Craig Wright from Australia claims to be Satoshi Nakamoto, the founder of Bitcoin.
.#bitcoin #cryptocurrency #blockchain #crypto #fraud pic.twitter.com/aZUngMnKOD— Jacktoshi (@Jacktoshicoin) June 30, 2019
The Lightning Network (LN) is a "Layer 2" payment protocol that operates on top of Bitcoin. It enables fast transactions of micropayments between participating nodes and is the solution to Bitcoin’s scalability problem. #bitcoin #cryptocurrency #blockchain #crypto #CryptoArt pic.twitter.com/Oa7S2AFpDh
— Jacktoshi (@Jacktoshicoin) June 28, 2019
https://twitter.com/Jacktoshicoin/status/1144371080586551301
The last bitcoin is estimated to be mined in 2140, when the block reward would drop below 1 satoshi, the smallest denomination of bitcoin.
.#bitcoin #cryptocurrency #blockchain #crypto #CryptoArt pic.twitter.com/tA7sxGdlRt— Jacktoshi (@Jacktoshicoin) June 27, 2019
A bitcoin whale is individuals or entities that hold large amounts of bitcoin.
.#bitcoin #cryptocurrency #blockchain #crypto #whale pic.twitter.com/PApoeqcd5P— Jacktoshi (@Jacktoshicoin) June 27, 2019
Bitcoin uses peer-to-peer technology to operate with no central authority or banks.
.#bitcoin #cryptocurrency #blockchain #crypto #bankman pic.twitter.com/gC6D4xH9RI— Jacktoshi (@Jacktoshicoin) June 26, 2019
A bull market is the condition of Bitcoin’s market where the prices are rising or are expected to rise.
.#bitcoin #cryptocurrency #blockchain #crypto #cryptoart #art pic.twitter.com/lnHTqqmQks— Jacktoshi (@Jacktoshicoin) June 24, 2019
https://twitter.com/Jacktoshicoin/status/1142580454727540736
Bitcoin was released in 2009 so developments remain at an early stage. Due to the popularity of Bitcoin, price is volatile and unpredictable. Don’t risk money you can’t afford to lose and do your own research (DYOR) before investing in bitcoin.
.
.#bitcoin #cryptocurrency pic.twitter.com/ZSuzk32i02— Jacktoshi (@Jacktoshicoin) June 17, 2019
FOMO is the “Fear Of Missing Out” when the price of bitcoin rises, which causes people to buy at the top. FOMO may lead to sleepless nights. #bitcoin #cryptocurrency #blockchain #crypto #btc #investment #litecoin #eth #bitcoins #bitcoinnews #cryptonews #fomo #art #artist #draw pic.twitter.com/Mt52XFxDsK
— Jacktoshi (@Jacktoshicoin) June 13, 2019
by Amy Hill https://t.co/05qpntmLpT pic.twitter.com/uQEzVKdSkX
— Bitcoin Art Gallery (@btcArtGallery) July 8, 2019
Isn't that the cutest honey badger! My gf found out about Bitcoin's spirit animal a couple days ago and drew this for me. I'll have it framed!
— Gigi
dergigi.com/nostr (@dergigi) July 8, 2019
I recently got hold of a presentation given to special agents in the IRS Criminal Investigation division that discussed investigating taxpayers who hold crypto.
I went through all of the 181 horribly formatted slides (attached for reference haha) and here's what I learned… pic.twitter.com/YQqHVR5Dv7
— Crypto Tax Girl (@CryptoTaxGirl) July 8, 2019
You would think that these subpoenas would be served to crypto exchanges, but the IRS plans on serving them to Apple, Google, and Microsoft in order to search through taxpayers' download history to see if they have ever downloaded cryptocurrency applications.
— Crypto Tax Girl (@CryptoTaxGirl) July 8, 2019
The IRS also plans on serving subpoenas to collect bank, credit card, and Paypal records. These records should be analyzed to determine if any payments in or out went to parties that can send or receive crypto.
— Crypto Tax Girl (@CryptoTaxGirl) July 8, 2019
