What are the safest practices for accepting bitcoin at my business? Why is it important to maintain custody and use open-source solutions? Is it possible to accept donations via Lightning? What are invoiceless payments? How could an auditor explore records of Lightning network payments, such as for tax purposes? Capital gains reporting is difficult.
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These questions are from the September monthly patron session, the fifth session of MOOC 12, and the October monthly patron session, which took place on October 11th, and October 26th 2019, respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money” series, and “Mastering Ethereum.”
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM: https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://twitter.com/grassfedbitcoin)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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Are there BTC burner wallets?
Or..
Could BTC be nested as meta-data in a crypto transaction?
Stashed in a wrapped-crypto-kitty maybe.
I can see some sort of “suspended in transit”
way of safekeeping,
Also a similar way to go to paper transfer.
(via nft)
Andreas the video is without subtitles in other languages.
Dear Andreas, LN just sounds so complicated and not user friendly. I would prefer a onchain solution
My business accepts BTC since 2014 (yep, I am glad today that I tried it "just for fun" at that time 😉 Starting "all manually" in the beginning for just one customer. Today we always have like 10000 vanity addresses created in advance. So an ordinary malware at the customers PC cannot easily replace those addresses.
how maby bitcoin addresses can be created, is there a limit?
can we run out of addresses?
Por favor me ajude com bitcoins.
Carteira:
3PMuELoRLEgfJMDKt8GBDCfzzzHJ77XRVu
BTC is a failure as a payment system
Thank you.
In practice wouldn’t it be safer to reuse an address for a frequent customer making large transactions so there is never any possibility of confusion as to what address to use? Ie: client sends payment using their uncompromised system and you confirm receipt of it. A few weeks later their system is compromised with malware that replaces BTC addresses in their web browser with a hacker’s BTC address, your invoice’s BTC address is now the hacker’s BTC address.
Wallet makers should implement some sort of GUI security mechanism for checking that 2 addresses go to the same wallet without having to give your entire extended public key to a customer. I guess you could use signatures in some way? Send the address and a signature with a reoccurring secret message that only the client knows?
Business should accept coins like Monero. And nobody will know your truth wealth. Because if you know wealth you can confiscate using KYC and etc.
When cheap electricity arrives with fusion energy, how would this affect the price of Bitcoin?
One of the best things about these is that there is absolutely no fluff/ intro at all straight to the questions
Fairly long Q & A on a fantastic topic. Love it!
Anytime I think I'm well versed in Bitcoin, I just tune into Andreas to have my bubble burst
Master, ?
Best channel and best content to educate and create awareness of blockchain technology. I'm always telling people and my viewers about this channel.
FIRST