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First Step Bitcoin

136 members • Free

189 contributions to First Step Bitcoin
Bitcoin Bounce
Interesting analysis. What do you think? https://youtu.be/HdUc6keo1kk?is=OqXi3Pf8R7VfQJLT
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Clarity Act Surge
Bitcoin surged past $75,000 following President Donald Trump's high-profile White House meeting on August 19, 2026, where he pressured Congress to pass a "fair version" of the long-stalled Digital Asset Market Clarity Act. The gathering brought together roughly two dozen cryptocurrency executives and top financial regulators to signal the administration's aggressive push for American dominance in the digital asset sector. — Yahoo Finance
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Would Bitcoin Pass the Family Test?
It is easy to say, “I’m never selling,” when life is going according to plan. It becomes much harder when a medical bill, job loss, home repair, or family emergency arrives. Bitcoin conviction matters, but money ultimately exists to support human needs. 💬 Have you ever sold—or seriously considered selling—Bitcoin because someone you cared about needed the money?
0 likes • 14d
Fortunately I haven't had a situation arise where I had to sell. I've tried from the start to only invest with money we didn't need to live on, but if a big enough emergency happens I'll have to consider it.
Bitcoin Security Consortium
The $15 million Bitcoin security pledge marks the launch of the Bitcoin Security Consortium, a joint initiative formed by nine major financial and crypto giants—including BlackRock, Coinbase, and MicroStrategy (Strategy)—to fund long-term defenses against future quantum computing threats. Key Elements of the Consortium Funding Structure: The $15 million total is an aggregate pledge over three years, rather than a single pooled corporate fund. Independent Selection: Each individual member independently chooses which open-source developers or researchers receive its money. No Network Governance: The group explicitly states it will not dictate protocol changes or influence Bitcoin's decentralized development decisions. Public Education: The coalition will publish open research to serve as a reliable security reference for media and investors. Leadership: Mike Schmidt, the Executive Director of the developer non-profit Brink, is coordinating day-to-day operations on a volunteer basis. The Core Founding Members The consortium spans top-tier institutional asset managers, custodians, infrastructure providers, and corporate holders: Asset Managers & Corporate Holders: BlackRock, MicroStrategy, Fidelity Digital Assets, and Cathie Wood's ARK Invest. Exchanges & Custodians: Coinbase and Anchorage Digital.Infrastructure & Fintech: Jack Dorsey's Block, Blockstream, and Galaxy. Why Quantum Threats Matter Now While a quantum computer capable of cracking Bitcoin's current elliptic curve cryptography does not exist today and is likely years away, changing a decentralized network takes significant time. According to CryptoQuant research, roughly 6.9 million Bitcoin could eventually be vulnerable to a future breakthrough if protections are not implemented early. The pledge will fuel research into post-quantum signature schemes and upgrades—such as BIP 360—which limits the public visibility of wallet keys before transactions.
1 like • 27d
@Ken Huffman some people are trying to use quantum Computing to hack it, and others are working to employ Quantum Computing to protect it.
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@Ken Huffman Me too. It's a great buying opportunity.
Sen Cynthia Loomis on bipartisan Clarity Act
https://youtu.be/2r7TzcFySx4?is=y6-pvklSD988UhcE
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1-10 of 189
Phil Wilcox
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157 points to level up
@phil-wilcox-7323
My first Bitcoin buy in 2024 has more than doubled 💲

Active 13h ago
Joined Sep 16, 2024
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