Questions tagged [bitcoin]

EtherWhale Sat Jul 06 2024 | 5 answers 1006

Excuse me, I'm new to the world of cryptocurrencies and I'm having a bit of trouble. Could you please guide me on how to find my Bitcoin wallet address? I've heard it's important for receiving and sending Bitcoin transactions, but I'm not sure where to start. I've downloaded a wallet app, but I'm still not seeing a clear address. Is there a specific step I should follow to retrieve it? Also, could you please elaborate on the importance of keeping this address private and secure? Any guidance you can offer would be greatly appreciated.

Sara Sat Jul 06 2024 | 5 answers 1053

Could you please elaborate on the ownership of Bitcoins by Satoshi Nakamoto? Given his status as the pseudonymous creator of Bitcoin, it's often speculated about how many of the digital currency he may hold. Does he maintain a significant stake in Bitcoin, or has he potentially divested himself of any holdings? Are there any publicly available records or transactions that provide any insight into Nakamoto's Bitcoin holdings? Understanding his possible ownership is crucial for assessing the long-term implications for the cryptocurrency market.

ShintoSanctuary Sat Jul 06 2024 | 7 answers 2030

As a keen observer of cryptocurrency and finance, I must ask: Is bitcoin truly a wise investment for the promotion and advancement of human rights? On one hand, the decentralized and borderless nature of bitcoin has the potential to empower individuals in oppressed regions, allowing them to circumvent restrictive financial systems. However, the volatile and speculative nature of cryptocurrencies could also hinder long-term efforts towards social justice and equality. What are your thoughts on the intersection of bitcoin investments and their potential impact on human rights globally? Could it be a force for good, or does it pose a significant risk?

Eleonora Sat Jul 06 2024 | 7 answers 1309

Could the introduction of a spot bitcoin Exchange Traded Fund (ETF) potentially pave the way for a new wave of investors to enter the cryptocurrency market? As the demand for digital assets continues to grow, many are wondering if a spot bitcoin ETF could provide a regulated, secure, and accessible entry point for investors seeking to diversify their portfolios. Could this type of ETF lower the barriers to entry for retail investors, particularly those unfamiliar with the complexities of buying and storing cryptocurrency directly? And would it ultimately help increase the adoption of bitcoin and other digital currencies among a broader audience?

Ilaria Sat Jul 06 2024 | 6 answers 1472

Delving into the murky waters of cryptocurrency and gambling legislation, one must pose the question: "Is Bitcoin gambling legal in Australia?" The answer, it seems, is not a straightforward yes or no. While Bitcoin itself is recognized as a legal means of transaction in Australia, there are specific restrictions when it comes to its use in gambling activities. Specifically, the Australian government has banned online gambling platforms from accepting payments in cryptocurrencies, including Bitcoin, as well as credit cards. This prohibition aims to safeguard customers and promote responsible gambling practices. However, it's worth noting that lottery-style games are not encompassed within this ban. So, in essence, while Bitcoin transactions are generally legal in Australia, its application in gambling, with certain exceptions, is not.