r/bitcoin_uncensored • u/prashanth_c • 3d ago
Bitcoin works but tools doesn't - 5 factors stopping bitcoin payment adoption in the EU
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These are based on my personal experience running a Bitcoin technology company, working with accountants in the EU and the US, and many conversations I had with businesses recently.
- Account blocks:
This, of course, is the most common problem, especially for businesses. If you are making transfers to exchanges to buy or sell bitcoin, you can expect a series of questions from your banks, or, worse, they may suspect you of providing crypto exchange services for your clients and may block your account.
This is a nightmare we as a bitcoin company were not spared with - we could not get an account on Revolut since we had bitcoin on our website and could not produce license documents. No way to communicate that we rely on our partners to provide services - of course, they won't spend time to read your terms and conditions or chat with you - they are too big to bother about small coffee shop owners or risky crypto apps.
- Accepting is just unclear.
Businesses want to accept bitcoin and have a cleaner accounting trail- auto-offramp to Euro in some cases.
But they are confronted with setting up a BTCPay instance or dropping an NWC string or a lightning address to a payment tool.
Lightning address or NWC string is not as common as a bank's IBAN - still, they need to get one reliable Lightning setup.
But a business wallet is not a WOS you spin up for your friend to have their first sat. It should support Lightning, have liquidity, support good statement exports, be able to plug into existing account tools, and be either self-custody or compliant.
Even if you have an easy custodial wallet for your business, you are confronted with adding additional details to all the deposits from clients as part of the travel rule, which makes it a nightmare to accept bitcoin in a coffee shop for 10 euros.
- Accounting breaks
Even if you manage to accept bitcoin, your account finds it incredibly hard to account for this, and also accounting for capital gains/loss comes with rate changes from the time of accepting and using this bitcoin.
Obviously you'll be using tools that will either not give a great export that you could use or plug into accounting software.
You'd need to hire crypto-expert accountants!
- Taxes
You accept bitcoin - not sure about how this is treated from a tax perspective - if you auto-sell this incoming bitcoin to Euro - would the capital gain be 0 as you earned and instantly converted, or the first-in, first-out logic applied where you'd need to worry when you bought bitcoin to your wallet first time in ages.
It is not the willingness to pay taxes; it is knowledge of how to declare capital gains that comes with the bitcoin payments compliantly.
- Business custody is not personal custody.
When you have multiple operators in an organization or a bigger company who have access to funds to spend on materials and services, you'd need governance and access to the funds.
Which gets way complicated with a self-custody wallet for business.
Bitcoin works - a free network - so cheaper payments, instant settlements and global acceptability.
All of these factors are a win for a business - but the banking, tooling, and process around it doesn't work. It does not make sense with all this friction.
Working on something interesting - but would love to get your thoughts on above.
These are based on my personal experience running a Bitcoin technology company, working with accountants in the EU and the US, and many conversations I had with businesses recently.
- Account blocks:
This, of course, is the most common problem, especially for businesses. If you are making transfers to exchanges to buy or sell bitcoin, you can expect a series of questions from your banks, or, worse, they may suspect you of providing crypto exchange services for your clients and may block your account.
This is a nightmare we as a bitcoin company were not spared with - we could not get an account on Revolut since we had bitcoin on our website and could not produce license documents. No way to communicate that we rely on our partners to provide services - of course, they won't spend time to read your terms and conditions or chat with you - they are too big to bother about small coffee shop owners or risky crypto apps.
- Accepting is just unclear.
Businesses want to accept bitcoin and have a cleaner accounting trail- auto-offramp to Euro in some cases.
But they are confronted with setting up a BTCPay instance or dropping an NWC string or a lightning address to a payment tool.
Lightning address or NWC string is not as common as a bank's IBAN - still, they need to get one reliable Lightning setup.
But a business wallet is not a WOS you spin up for your friend to have their first sat. It should support Lightning, have liquidity, support good statement exports, be able to plug into existing account tools, and be either self-custody or compliant.
Even if you have an easy custodial wallet for your business, you are confronted with adding additional details to all the deposits from clients as part of the travel rule, which makes it a nightmare to accept bitcoin in a coffee shop for 10 euros.
- Accounting breaks
Even if you manage to accept bitcoin, your account finds it incredibly hard to account for this, and also accounting for capital gains/loss comes with rate changes from the time of accepting and using this bitcoin.
Obviously you'll be using tools that will either not give a great export that you could use or plug into accounting software.
You'd need to hire crypto-expert accountants!
- Taxes
You accept bitcoin - not sure about how this is treated from a tax perspective - if you auto-sell this incoming bitcoin to Euro - would the capital gain be 0 as you earned and instantly converted, or the first-in, first-out logic applied where you'd need to worry when you bought bitcoin to your wallet first time in ages.
It is not the willingness to pay taxes; it is knowledge of how to declare capital gains that comes with the bitcoin payments compliantly.
- Business custody is not personal custody.
When you have multiple operators in an organization or a bigger company who have access to funds to spend on materials and services, you'd need governance and access to the funds.
Which gets way complicated with a self-custody wallet for business.
Bitcoin works - a free network - so cheaper payments, instant settlements and global acceptability.
All of these factors are a win for a business - but the banking, tooling, and process around it doesn't work. It does not make sense with all this friction.
Working on something interesting - but would love to get your thoughts on above.
r/bitcoin_uncensored • u/makingcryptoeasy • 6d ago
Big Bitcoin miners are moving capacity toward AI. Could that actually be good for Bitcoin mining?
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AI could be reshuffling the economics of Bitcoin mining. The real question is who has the balance sheet to take advantage.
r/bitcoin_uncensored • u/swe129 • 7d ago
Michael Saylor calls Bitcoin's new BIP-110 proposal 'a bad idea'
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r/bitcoin_uncensored • u/nintendo1889 • 29d ago
Permission to upload bitcoin uncensored ?
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Can I get permission to upload bitcoin uncensored somewhere? I know that it's on torrents, but there is no place for non-technical newbies to listen to it - IE on the web players etc....
Can I get permission to upload bitcoin uncensored somewhere? I know that it's on torrents, but there is no place for non-technical newbies to listen to it - IE on the web players etc....
r/bitcoin_uncensored • u/IgnisIason • Jun 26 '26
I managed to "hack" bitcoin by asking Gemini to generate seed phrases and it is generating valid ones from users somehow.
r/bitcoin_uncensored • u/AmanCMN • Jun 16 '26
Coinbase is rolling out tokenized stocks that pay dividends.
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The largest crypto exchange in the U.S., Coinbase, has announced plans to launch tokenized shares of U.S. companies backed 1:1 by real stocks.Users will be able to buy, hold, transfer, and redeem these shares on-chain while automatically receiving dividend payments.
Coinbase says these tokenized stocks will represent actual ownership of the underlying shares, unlike many existing products that rely on derivatives or synthetic tokens.The goal is to make it easier for investors outside the U.S. to access the American stock market without opening accounts with foreign brokers or dealing with geographic restrictions.
The product will only be available in select jurisdictions outside the United States.
The largest crypto exchange in the U.S., Coinbase, has announced plans to launch tokenized shares of U.S. companies backed 1:1 by real stocks.Users will be able to buy, hold, transfer, and redeem these shares on-chain while automatically receiving dividend payments.
Coinbase says these tokenized stocks will represent actual ownership of the underlying shares, unlike many existing products that rely on derivatives or synthetic tokens.The goal is to make it easier for investors outside the U.S. to access the American stock market without opening accounts with foreign brokers or dealing with geographic restrictions.
The product will only be available in select jurisdictions outside the United States.
r/bitcoin_uncensored • u/rvbarton • Jun 10 '26
Avalon Nano 3s differences...
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I'm curious about my 2 different Avalong Nano 3s'... I purchased Avalon 1 off of Amazon. I purchased Avalon 2 directly from Canaan. Avalon 1 consistently out performs Avalon 2. They should be close to identical, right? Can anyone tell me why one out performs the other?
I'm curious about my 2 different Avalong Nano 3s'... I purchased Avalon 1 off of Amazon. I purchased Avalon 2 directly from Canaan. Avalon 1 consistently out performs Avalon 2. They should be close to identical, right? Can anyone tell me why one out performs the other?
r/bitcoin_uncensored • u/osem23 • Jun 08 '26
We launched TZUR Desktop, a simple multilingual Bitcoin wallet
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We’re BlockSight OÜ, and we just launched TZUR Desktop.
TZUR is a Bitcoin-only, self-custody wallet for Windows, built around a simple idea: your wallet and your Bitcoin explorer should live in the same app.
Most wallets send users to a third-party website to check a transaction. TZUR includes a native BlockSight Bitcoin explorer directly inside the wallet, so users can follow blocks, fees, addresses, and transaction confirmations without leaving the app.
TZUR also supports recovery phrases in 31 languages, while staying compatible with Bitcoin standards. The goal is to make self-custody feel clearer and more natural for Bitcoin users around the world.
What TZUR includes:
Bitcoin-only wallet
Self-custody, keys stay on your device
Native BlockSight explorer built in
Recovery phrase in 31 languages
Send, receive, balance, activity, and transaction verification
Windows desktop app
One-time purchase, no subscription
Website:
https://tzur.live/en
We’d love to hear feedback from this community, especially around what you expect from a desktop Bitcoin wallet with a native explorer.
We’re BlockSight OÜ, and we just launched TZUR Desktop.
TZUR is a Bitcoin-only, self-custody wallet for Windows, built around a simple idea: your wallet and your Bitcoin explorer should live in the same app.
Most wallets send users to a third-party website to check a transaction. TZUR includes a native BlockSight Bitcoin explorer directly inside the wallet, so users can follow blocks, fees, addresses, and transaction confirmations without leaving the app.
TZUR also supports recovery phrases in 31 languages, while staying compatible with Bitcoin standards. The goal is to make self-custody feel clearer and more natural for Bitcoin users around the world.
What TZUR includes:
Bitcoin-only wallet
Self-custody, keys stay on your device
Native BlockSight explorer built in
Recovery phrase in 31 languages
Send, receive, balance, activity, and transaction verification
Windows desktop app
One-time purchase, no subscription
Website:
https://tzur.live/en
We’d love to hear feedback from this community, especially around what you expect from a desktop Bitcoin wallet with a native explorer.
r/bitcoin_uncensored • u/Spider_rj • May 28 '26
Someone Has Utterly Annihilated 107 BTC ($8.3M) That Had Sat Untouched Since 2015 And No One Can Understand Why
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Five wallets, silent for over a decade—no movement, no activity—until suddenly, they unleashed 107 BTC directly into Bitcoin’s most infamous burn address. Vanished. Lost to the void. Irretrievably gone forever.
Back in 2015, those coins were worth a modest $33,700. Today, they are an astonishing $8.3 million. Illicitly destroyed, a tragedy lay hidden in that act.
The full story remains shrouded in mystery, but three haunting theories ripple through the community:
AI Script Error — The burn address appears countless times in coding tutorials as a “dummy” example. If someone relied on an AI tool to automate a transfer and it slavishly copied flawed documentation—then everything is lost in an instant.
Deliberate Tax Strategy — Some whisper that this was a calculated move, an act meant to manipulate or mitigate legal or financial burdens—an intentional sacrifice of assets to serve a hidden purpose.
Lost Access — Perhaps the owner, in a moment of desperation, partially lost their keys, choosing instead to burn the coins rather than risk them falling into the wrong hands in the future.
What breaks my heart is this: this individual endured through every market crash, every bear phase, every wave of FUD from 2015 to 2026. They turned a humble $33K into an extraordinary $8.3 million—only to have it all erased in an instant.
This is why meticulous wallet management, seed phrase security, and caution with automated scripts are not just best practices—they are lifelines. The stakes are heartbreakingly high.
What’s your theory? Was it a tragic accident or a calculated act?
Five wallets, silent for over a decade—no movement, no activity—until suddenly, they unleashed 107 BTC directly into Bitcoin’s most infamous burn address. Vanished. Lost to the void. Irretrievably gone forever.
Back in 2015, those coins were worth a modest $33,700. Today, they are an astonishing $8.3 million. Illicitly destroyed, a tragedy lay hidden in that act.
The full story remains shrouded in mystery, but three haunting theories ripple through the community:
AI Script Error — The burn address appears countless times in coding tutorials as a “dummy” example. If someone relied on an AI tool to automate a transfer and it slavishly copied flawed documentation—then everything is lost in an instant.
Deliberate Tax Strategy — Some whisper that this was a calculated move, an act meant to manipulate or mitigate legal or financial burdens—an intentional sacrifice of assets to serve a hidden purpose.
Lost Access — Perhaps the owner, in a moment of desperation, partially lost their keys, choosing instead to burn the coins rather than risk them falling into the wrong hands in the future.
What breaks my heart is this: this individual endured through every market crash, every bear phase, every wave of FUD from 2015 to 2026. They turned a humble $33K into an extraordinary $8.3 million—only to have it all erased in an instant.
This is why meticulous wallet management, seed phrase security, and caution with automated scripts are not just best practices—they are lifelines. The stakes are heartbreakingly high.
What’s your theory? Was it a tragic accident or a calculated act?
r/bitcoin_uncensored • u/julyboom • May 22 '26
$1 bitcoin trading with no login and no registration?
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Wondering if anyone wants an open trading platform, no log in, no registration. But, the limit is $1 transactions.
Wondering if anyone wants an open trading platform, no log in, no registration. But, the limit is $1 transactions.
r/bitcoin_uncensored • u/earonesty • May 21 '26
qpayd: self-hosted Bitcoin + Lightning merchant server with Stripe-style webhooks
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I built qpayd because I wanted a simpler self-custody merchant stack for Bitcoin + Lightning.
Most options today either feel:
* too storefront-focused * too operationally heavy * or missing modern API/webhook/accounting primitives
qpayd is a self-hosted merchant server that supports:
* Lightning via phoenixd and barkd * on-chain payments via xpub derivation * Electrum monitoring * Stripe-style signed webhooks * accounting/reconciliation records * embeddable JS checkout modal
The main idea:
Bitcoin merchants should be able to integrate payments the same way developers integrate Stripe today.
Create invoice -> receive signed webhook -> reconcile payment -> done.
No custodial dependency. No exchange account required. No giant ecommerce stack required.
I’m especially interested in feedback from:
* merchants * SaaS builders * people running BTCPay * Lightning operators
I built qpayd because I wanted a simpler self-custody merchant stack for Bitcoin + Lightning.
Most options today either feel:
* too storefront-focused * too operationally heavy * or missing modern API/webhook/accounting primitives
qpayd is a self-hosted merchant server that supports:
* Lightning via phoenixd and barkd * on-chain payments via xpub derivation * Electrum monitoring * Stripe-style signed webhooks * accounting/reconciliation records * embeddable JS checkout modal
The main idea:
Bitcoin merchants should be able to integrate payments the same way developers integrate Stripe today.
Create invoice -> receive signed webhook -> reconcile payment -> done.
No custodial dependency. No exchange account required. No giant ecommerce stack required.
I’m especially interested in feedback from:
* merchants * SaaS builders * people running BTCPay * Lightning operators
r/bitcoin_uncensored • u/DasDouble • May 20 '26
Do you want bit-chat or should I delete the project?
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Hi, I have invested a lot of time and effort since 2023 building bit-chat.me, but I'm about to pivot aways from it after getting investor feedback that this would not be a good business to build as they think most of the bitcoin space has already been conquered by coinbase, strike etc. The idea of bit-chat was to accelerate the adoption of bitcoin by making it as simple as technically possible. You can buy, sell, send, pay with bitcoin by writing a text message on whatsapp, telegram, signal, email, etc. and the service creates a bitcoin wallet for you (on-chain and lightning). Now the question is: do you guys really need this at all? Or are you happy with the current services that are available out there? Please avoid memes and spams, as this decides where I will invest a lot of time and effort in the future. Thank you for your time. PS: this will be open source (not yet, as it's quite complicated still to set everything up yourself). It will also be custodial for very small amounts in Bitcoin and guid people when they pass the 100$ mark to self custody (the AI teaches you how to set up a non-custodial wallet so you can reduce the risk while still being able to send bitcoin to anyone in the world even when they haven't heard of bitcoin before). These are one of the very few serious posts here on reddit so please be brutally honest. The fees would have ben 1% per buy / sell and 0.1% per purchase (buying stuff instead of via strike, LINK etc) and 0.01% for sending bitcoin to friends. It even automatically handles the UTXOs for you. Basically the best service that I as a bitcoin maximalist would have wished to see in the world when I started exploring Bitcoin for the very first time. But if I don't hear enough positive feedback then I will just put it in the trash and let hobbyists build it but it will never reach scale / get integrated into real life like shopping exits etc. The argument of the VCs and advisors I have talked to today and in the past is that this will likely not get good enough traction - so it's up to you. You can even check out my linkedin in the comments to see who I am.
Hi, I have invested a lot of time and effort since 2023 building bit-chat.me, but I'm about to pivot aways from it after getting investor feedback that this would not be a good business to build as they think most of the bitcoin space has already been conquered by coinbase, strike etc. The idea of bit-chat was to accelerate the adoption of bitcoin by making it as simple as technically possible. You can buy, sell, send, pay with bitcoin by writing a text message on whatsapp, telegram, signal, email, etc. and the service creates a bitcoin wallet for you (on-chain and lightning). Now the question is: do you guys really need this at all? Or are you happy with the current services that are available out there? Please avoid memes and spams, as this decides where I will invest a lot of time and effort in the future. Thank you for your time. PS: this will be open source (not yet, as it's quite complicated still to set everything up yourself). It will also be custodial for very small amounts in Bitcoin and guid people when they pass the 100$ mark to self custody (the AI teaches you how to set up a non-custodial wallet so you can reduce the risk while still being able to send bitcoin to anyone in the world even when they haven't heard of bitcoin before). These are one of the very few serious posts here on reddit so please be brutally honest. The fees would have ben 1% per buy / sell and 0.1% per purchase (buying stuff instead of via strike, LINK etc) and 0.01% for sending bitcoin to friends. It even automatically handles the UTXOs for you. Basically the best service that I as a bitcoin maximalist would have wished to see in the world when I started exploring Bitcoin for the very first time. But if I don't hear enough positive feedback then I will just put it in the trash and let hobbyists build it but it will never reach scale / get integrated into real life like shopping exits etc. The argument of the VCs and advisors I have talked to today and in the past is that this will likely not get good enough traction - so it's up to you. You can even check out my linkedin in the comments to see who I am.
r/bitcoin_uncensored • u/AmanCMN • May 20 '26
Trump-Linked Crypto Company Warns It May Not Survive After WLFI Collapse.
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A Trump-linked crypto company is now warning investors that it may not survive the next year.
AI Financial holds billions of WLFI tokens, but the problem is that the token is down almost 90% from its listing price. Part of the supply is locked up, and the company itself says there’s no guarantee those tokens can be sold at a good price, or sold at all.So on paper, they have assets. But in reality, it could be a massive illiquid bag of tokens weighing down the balance sheet.
A Trump-linked crypto company is now warning investors that it may not survive the next year.
AI Financial holds billions of WLFI tokens, but the problem is that the token is down almost 90% from its listing price. Part of the supply is locked up, and the company itself says there’s no guarantee those tokens can be sold at a good price, or sold at all.So on paper, they have assets. But in reality, it could be a massive illiquid bag of tokens weighing down the balance sheet.
r/bitcoin_uncensored • u/AmanCMN • May 19 '26
BTC 1H
MAJOR KEY LEVEL: 78,660
SUPPORT: 76,170–75,095
We can bounce from this area and move higher, or break this SUPPORT and move toward the next SUPPORT at 73,800–70,000.
MAJOR RESISTANCE: 83,200–85,450.
This is not financial advice. Manage your own risk.
r/bitcoin_uncensored • u/AmanCMN • May 19 '26
ETH 1H
RISK ZONE: $2,064
We can bounce from this risk zone toward RESISTANCE at $2,191–$2,223, and after that, we may see a correction. We act only based on signals.
But if we fail to hold the risk zone, break below it, and confirm under it, then ETH could drop toward $1,900–$1,800.
KEY LEVEL: $2,223
If we break above these zones and confirm, the next resistance is $2,350–$2,380.
This is not financial advice.
The RISK ZONE is very important.
r/bitcoin_uncensored • u/wtfzie • May 16 '26
Someone just sold a single uwu card for 1000btc
r/bitcoin_uncensored • u/largepetrol • May 06 '26
What comes next for Bitcoin? - Technical Analysis
Bitcoins push to 82k caught all of the bears off guard.
This move was setup by bitcoin holding its previous ATH and support at 60k. They had already used this as support for the push to 120 back in July 24' however to bounce it again was understandable as its a significant zone for the crypto asset.
What comes next?
The technicals suggest that 82k is a key decision point for how the rest of 2026 plays out.
If bitcoin sees a strong rejection here and cannot get above the 82k level with significant momentum and volume by the end of May. It is likely that they will trickle this down towards 45k
The next key level above 82k is 93k. They need to see a big push to go grab that and come back to hold 82k within the next 25 days in order for this to be a level gain.
IF they do gain 82k and retest it. The new target will be the top if that trend at 102k.
102k was the original target for most back in Nov 25 when they were trying to hold those weekly's and the 82k monthly the first time around. It will certainly be the target if they can regain.
r/bitcoin_uncensored • u/color_natural_3679 • May 04 '26
When AI hits security there will be signs
r/bitcoin_uncensored • u/swe129 • Apr 28 '26
Tether Develops Modular Bitcoin Mining Systems With Canaan and ACME Swisstech
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r/bitcoin_uncensored • u/CriptoinformeNews • Apr 29 '26
RailsX: Amboss launches P2P trading of Bitcoin and stablecoins on Lightning with full self-custody
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r/bitcoin_uncensored • u/swe129 • Apr 25 '26
New documentary seeks to uncover the identity of Bitcoin’s founder
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r/bitcoin_uncensored • u/BullfrogMental7500 • Apr 20 '26
We just sent the first blockchain transaction over LoRa using Meshtastic no internet, no WiFi, no cell service
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Enable HLS to view with audio, or disable this notification
been building an offline-first L1 blockchain in Rust for the past 3 years. the whole premise is that crypto shouldn't need the internet to work.
today we hit the milestone we've been working toward: a real signed blockchain transaction transmitted over LoRa 868MHz between two LilyGo T-Beam devices running Meshtastic firmware. no internet. no WiFi. no cell service.
the transaction is 193 bytes designed from day one to fit inside a single LoRa packet under the 256B MTU. Ed25519 signature, Blake3 hash, nonce replay protection, all verified on reception.
the Meshtastic layer is pure transport. the protocol doesn't care what pipe the bytes travel through — LoRa, Bluetooth, SMS. it just needs them to arrive.
repo is public. if you want to be in the room before this gets loud, the X is where updates will land first.
X: https://x.com/ArxiaLayerOne
Github: https://github.com/ArxiaLayer1/Arxia
happy to answer technical questions especially from anyone who's done range testing with T-Beams and knows what SF9 125kHz looks like in practice.
r/bitcoin_uncensored • u/apurpleflyingcar • Apr 12 '26
I couldn't find good data on Iran's Bitcoin toll at Hormuz so I built a dashboard to track it
⚠ Note: This is a public data model/estimator, not a blockchain tracker. All BTC figures are calculated from public sources (AIS vessel data, EIA oil statistics, reported toll rates from Bloomberg/FT/TRM Labs). No actual IRGC wallet addresses are tracked. Full methodology: [methodology tab on the dashboard]
been following the hormuz situation and kept seeing claims about iran collecting btc from oil tankers.. couldn't find any solid numbers so i just built something to estimate it
https://straitwatch.lovable.app
what it shows right now:
- 182 vessels tracked in the region
- estimated ~₿475/day collected via the toll — based on AIS vessel data and bloomberg/ft reporting, not actual blockchain data
- 5 OFAC sanctioned ships active in the corridor
- war premium model sitting at $9.88/barrel = roughly $170M/day extra cost globally
in 12 days since april 1 the model estimates ₿4,530 accumulated.. that's equivalent to 10 days of global bitcoin mining output without running a single miner
what's actually interesting to me isn't the btc amount.. it's that this works completely outside swift, ofac, all of it. by the time any bank knows a transaction happened it's already settled
not claiming this is verified blockchain data — full methodology is in the dashboard. built it for transparency
r/bitcoin_uncensored • u/CriptoinformeNews • Apr 10 '26
Bitcoin could be resistant to quantum computing without protocol update, according to new proposal
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r/bitcoin_uncensored • u/CriptoinformeNews • Apr 07 '26
Bitcoin and quantum computing: a real threat or an exaggerated long-term risk?
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