Bitcoin Nottingham Meetup 7pm Thursday 28th September 2023

REVISITING OUR NEW VENUE – ₿ITCOIN IS ACCEPTED HERE!

You are invited to the event of the month, once again at the new location, Carlton Town Football Club Bill Stokeld Stadium, Stoke Lane, Gedling.

The September Bitcoin Nottingham Meetup date for your diary is Thursday 28th September at 7PM

The venue is the Carlton Town Football Club at Bill Stokeld Stadium, Stoke Lane, Gedling, Nottinghamshire, NG4 2QS

Bring your favourite Bitcoin merch to show off and come and enjoy a pint and some nibbles in the company of Bitcoin enthusiasts here in Nottingham.

All bitcoin topics are up for discussion and if you have any burning questions then just shout out on the night and we’ll be sure to cover them. Feel free to read our few introductory posts in the Bitcoin Basics section https://www.bitcoinnottingham.org/bitcoin-basics/

Give us an RSVP on the Meetup page at https://www.meetup.com/bitcoin-nottingham/events/295757801/  if you’re coming and this will also help to promote the event on meetup.

Location Links: Carlton Town Football Club – How to Find us | Google Maps Link | what3words link (kinks.winner.test)

Nearest Bus Stop: Emerys Road Bus Stop – 175 yds, 3 min walk

Parking: Onsite parking available

Open to everyone from OG’s to Newbies and everywhere in between. No purchase necesary, not financial advice, for entertainment and informational purposes only, do your own research, never invest more in any project than you are prepared to lose, don’t bet the farm!

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Bitcoin Nottingham Meetup 7pm Thursday 24th August 2023

REVISITING OUR NEW VENUE – ₿ITCOIN IS ACCEPTED HERE!

You are invited to the event of the month, once again at the new location, Carlton Town Football Club Bill Stokeld Stadium, Stoke Lane, Gedling.

The August Bitcoin Nottingham Meetup date for your diary is Thursday 24th August at 7PM

The venue is the Carlton Town Football Club at Bill Stokeld Stadium, Stoke Lane, Gedling, Nottinghamshire, NG4 2QS

Bring your favourite Bitcoin merch to show off and come and enjoy a pint and some nibbles in the company of Bitcoin enthusiasts here in Nottingham.

All bitcoin topics are up for discussion and if you have any burning questions then just shout out on the night and we’ll be sure to cover them. Feel free to read our few introductory posts in the Bitcoin Basics section https://www.bitcoinnottingham.org/bitcoin-basics/

Give us an RSVP on the Meetup page at https://www.meetup.com/bitcoin-nottingham/events/295400730/ if you’re coming and this will also help to promote the event on meetup.

Location Links: Carlton Town Football Club – How to Find us | Google Maps Link | what3words link (kinks.winner.test)

Nearest Bus Stop: Emerys Road Bus Stop – 175 yds, 3 min walk

Parking: Onsite parking available

Open to everyone from OG’s to Newbies and everywhere in between. No purchase necesary, not financial advice, for entertainment and informational purposes only, do your own research, never invest more in any project than you are prepared to lose, don’t bet the farm!

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Bitcoin Nottingham Meetup 7pm Friday 26th May 2023

Once again we invite you to the event of the month, the May Bitcoin Nottingham Meetup, Trent Bridge, West Bridgford, Nottingham.

The date for your diary is Friday 26th May at 7PM

The venue is the Waterside Bar and Kitchen, Trent Bridge, West Bridgford, Nottingham NG2 5GJ.

Bring your favourite Bitcoin merch to show off and come and enjoy a pint and some pizza in the company of Bitcoin enthusiasts here in Nottingham.

The meetup will be using a variation of the open source Bitcoin Meetup Template which is actually being developed by our very own meetup group. If you know GitHub please can you help us develop it?

All bitcoin topics are up for discussion and if you have any burning questions then just shout out on the night and we’ll be sure to cover them.

Please share and RSVP our event page on meetup.com https://www.meetup.com/bitcoin-nottingham/events/293367868/

Location Links: Google Maps Link | what3words link (dress.rock.rider)

Nearest Tram: Queens Walk Tram Stop – 1 mile, 19 min walk

Nearest Bus Stop: Cricket Ground Bus Stop – 150 yds, 2 min walk

Parking: Spaces can usually be found on Pavillion Road, Radcliffe Road, Fox Road, Hound Road or Musters Road. Check parking notices carefully but after 6pm there are more places you can park.

Open to everyone from OG’s to Newbies and everywhere in between. No purchase necesary, not financial advice, for entertainment and informational purposes only, do your own research, never invest more in any project than you are prepared to lose, don’t bet the farm!

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Roger on the Radio – BBC Interview

Our very own Satoshi Nottingham Roger was asked to appear on Sarah Julian’s show on BBC Radio Nottingham.

Having been bumped from the original Monday morning slot to Tuesday morning Roger was given a quick fire opportunity to spread some Bitcoin truths.

Having thought about it he was going to only direct listeners to visit the website and consider attending a meetup to learn more about Bitcoin, but the questions appear to have been directed by a different agenda following a local footballer losing over a million pounds in a ‘crypto’ scam and the latest announcement by the Financial Conduct Authority stating that anyone who invests in ‘crypto’ should be prepared to lose all their money.

As we are bitcoin-only enthusiasts Roger probably agrees about ‘cryptos’ and he focussed instead on trying to use the brief few seconds on air to point out it’s about Bitcoin, and Bitcoin is the discovery of digital scarcity which like the wheel cannot be rediscovered or reinvented.

Here is a link to a recording of the interview one of our supporters was kind enough to provide.

If there are any news organisations or media producers that want an interview please get in touch via the contact details on this site and we will be delighted to discuss the facts about bitcoin.

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Bitcoin Lightning Wallets

Discover why Bitcoin Lightning changed the game, install a Lightning mobile wallet and get free sats!

One of the greatest developments with bitcoin is the ability to conduct near-free and instant cross border transfers with the Bitcoin Lightning layer.

What this means in real terms is that if we are sat next to each other and I send you some bitcoin, from my phone to your phone, you will see it deducted from the balance on my screen and added to the balance on your screen instantly, and with a fee so small it is irrelevant.

The key point however, is that we don’t have to be sitting next to each other, we can be on total opposite sides of the world and the payment will still be received instantly and almost for free.

This totally changes the game with regards people trading with one another for goods and services because with Lightning you only need a smartphone to access this technology and lighting offers these advantages over traditional mobile banking:

  • Payments are person to person and are processed automatically by the software which is running on 1,000s of computers there is no intermediary organisation which has to approve or that could censor your payment
  • Lightning accounts are available to everyone, without registration of name & address, mobile, email or IP
  • Payments are not on the public chain and the history of the payment is private to just you and the account you traded with

Don’t worry about how it all works for now, just start learning with one of the free lightning wallet mobile apps and we’ll even send you some free sats so you too can experience the power of trading with anyone, anywhere in the world, instantly.

At Bitcoin Nottingham we believe Lightning is likely to become the standard global method of payment for all merchants everywhere in the world. That might seem like a bold statement, but it is already being used in developing nations very successfully, and has fast become a lifeline to the worlds 4Billion un-banked and those living under represive dictatorships!

Anyone who says Bitcoin doesn’t have a use case was likely born in to the dollar bubble and should probably check their own financial priveledge first before deciding this life saving technology has no use!

Decide for yourself if you think you could learn to use these apps if your life depended on it, for some people transacting for groceries daily with lightining it actually does and therefore will continue to gain popularity and adoption.

Why not choose to understand Lightning before you have to, maybe you will find some way to use these new skills to the betterment of you and your family, so what are you waiting for, get an app installed and working, and I’ll personally send you a little money for free!

Here is a list of popular bitcoin lightning compatible wallet apps that work on both ios and Android, we suggest you try them in this order to find one that works the best on your device

  • Wallet of Satoshi “The world’s simplest Bitcoin Lightning wallet
  • Breez “The Interface of the Lightning Economy”
  • Muun “Muun is a self-custodial wallet for bitcoin and lightning.”
  • Bitnob “This is your money without limits”
  • Exodus Mobile “Control your wealth anywhere”

If you have a technical problem you cannot get past then you may need to do a little reading of the getting started guides or watch a few how to videos on youtube, and ultimely you may need to contact a wallet provider for support (or just try the next wallet in the list). Remember if it was really easy everyone would be doing it already, sometimes you have to learn these skills through trial and error!

Once you manage to get a Bitcoin Lightning wallet app installed we’ll send you some free sats to experiment with if you drop on to the Bitcoin Nottingham Telegram channel at t.me/bitcoin_nottingham where you can share a lnurl address generated by your wallet when you click on Receive.

Once you have received your first lightning deposit from someone, you should find someone else to share the story with and send them some sats in your very own “Hello World” first Bitcoin Lightning transaction.

If you want to see a Bitcoin Lightning transaction in real time then come to one of our Bitcoin Nottingham Meetups and get help in person from someone who has done it before, really it’s as easy as sending an email, once you are setup but these things all seem a bit alien at first so the meetups are a great way to learn about it from other people who are already doing it. See when the next meetup is here bitcoinnottingham.org/meetups.

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Inflation is Theft

Why Inflation is Theft and Bitcoin is Number Go Up Technology, according to the AI!

BN: Explain why inflation is theft and how bitcoin fixes this because it is programmed to be deflationary.

AI: Inflation can be considered a form of theft because it erodes the purchasing power of money over time. As the supply of money increases, each unit of currency becomes worth less, which means that the same amount of money can buy fewer goods and services.

Bitcoin, on the other hand, is designed to be a deflationary currency. The total supply of bitcoins is limited to 21 million, and the supply of new bitcoins entering the market is halved every 210,000 blocks (roughly every 4 years), which helps to maintain the value of each bitcoin over time.

As a result, people who hold bitcoins can be more confident that their savings will hold their value in the long run, as opposed to being gradually eroded by inflation.

BN: Is that why bitcoiners call it number go up technology?

AI: Yes, “number go up” is a term used by some Bitcoin enthusiasts to describe the potential for the value of the cryptocurrency to appreciate over time, as a result of its scarcity and the increasing demand for it. The limited supply of bitcoins, combined with the increasing adoption of the technology, creates a situation where the price of Bitcoin could potentially increase over time, which is why some people refer to it as “number go up” technology.

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Bitcoin Nottingham Meetup group

Bitcoin Nottingham Meetup 7pm Thursday 19th January 2023

First 2023 Bitcoin Nottingham Meetup & Lightning Workshop

Join us at the first Bitcoin Meetup of the year! You might have noticed this year has got started and the holidays are but a distant memory already! Come and forget yourself for a few hours as we explore the wonderful and fascinating world of Bitcoin and what is in store for 2023.

We have various talking points to help you understand bitcoin like the 21million limited supply, the halvings every 4 years, and just what is the fortnightly difficult adjustment anyway?!

All that plus the latest news on how Bitcoin is actually carbon negative already, and helping developing nations regulate their power grids. We will also be demonstrating the latest Bitcoin Shop websites and how the Bitcoin Lightning technology makes this possible with its immediate and very low cost settlements between you and any other person in the world 24x7x365!

Bring your phone or laptop to receive a free fraction of bitcoin (100 satoshis) on the night.

First question: How much is 100 satoshis in GBP?

Please confirm it you plan on attending via the Meetup event page https://www.meetup.com/bitcoin-nottingham/events/290893470/

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Bitcoin Nottingham Meetup 5:30pm Tuesday 24th September 2019

The 3rd Bitcoin Nottingham Social meetup is on Tuesday 24th September at 5:30pm. The venue is ‘The Fox & Grapes’ pub in the Creative Quarter Nottingham (the pub that used to be called Peggers in the old Sneinton fruit & veg market) https://www.castlerockbrewery.co.uk/pubs/fox-grapes/ 

This Meetup will be significant because it will be the day after the Bakkt launch their regulated Bitcoin daily and monthly futures contracts.
https://cryptocurrencyfacts.com/2019/08/16/bakkt-is-cleared-to-launch-and-plans-to-launch-sept-23rd/
Will it crash the Bitcoin market or make it moon?
Come along on Tuesday and find out what happened!

So everything you need to know about bitcoin you can now find out in the pub! Come and say hello and have a conversation about Bitcoin, blockchain or crypto over a pint, coffee or soft drink.

Please confirm if you plan to attend via https://www.meetup.com/bitcoin-nottingham/events/264966483/

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Separate Money from State

Why bitcoin is the ideal tool for separation of money and state.

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. This means that it is not controlled by any government or financial institution. Instead, it is underpinned by a complex network of computers that work together to validate and record transactions on a public ledger called the blockchain.

One of the key features of bitcoin is that it is completely independent of any central authority, making it resistant to censorship and manipulation. This is why some people see it as an ideal tool for separating money from the state.

Since bitcoin is decentralized, it is not subject to the same regulatory oversight as traditional financial institutions. This means that users are able to send and receive payments without the need for intermediaries like banks. This makes it possible for individuals to have more control over their own financial affairs and to conduct transactions without the need for government approval or oversight.

In addition, the use of bitcoin allows for greater privacy and anonymity compared to traditional financial systems. Transactions on the blockchain are recorded publicly, but the identity of the users involved is not disclosed. This makes it a useful tool for people who value their privacy and wish to avoid having their financial activities monitored by the government or other third parties.

Overall, the decentralization and independence of bitcoin make it an appealing option for those who want to separate money from the state and take greater control over their own financial affairs.

Start your journey into self sovereignty by discovering one of the Bitcoin Lighting wallets such as The Wallet of Satoshi or Muun Wallet at your app store. Once installed join the Bitcoin Nottingham Telegram Group and we’ll send you 100 satoshi to start experimenting with!

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Bitcoin Nottingham Meetup group

Bitcoin Halvings

The maximum number of Bitcoins that can be created is 21 million, and this number is set in stone by the Bitcoin protocol. This means that no more Bitcoins can be created once this number is reached. This is different from traditional fiat currencies, which can be printed in infinite quantities by central banks, leading to inflation and depreciation of the currency.

The halving of the block reward is a key part of the Bitcoin protocol, and is designed to control the rate at which new Bitcoins are created. This process ensures that Bitcoin remains scarce, and that the rate at which new coins are created is cut in half every 210,000 blocks, or roughly every four years. This helps to control inflation and ensures that the value of Bitcoin does not decrease over time.

The current block reward is 6.25 Bitcoins, and this will continue to decrease as the halvings continue. As the block reward continues to decrease, the rate at which new Bitcoins are created will also decrease, further increasing the scarcity of the digital currency. This scarcity, combined with increasing demand for Bitcoin, is likely to drive the price of the digital currency higher in the future.

In summary, the limited supply of Bitcoin is a crucial aspect of the digital currency, as it gives it value and scarcity. The halving of the block reward is a key part of the Bitcoin protocol, designed to control the rate at which new Bitcoins are created, and further increasing the scarcity of the digital currency. This scarcity, combined with increasing demand for Bitcoin, is likely to drive the price of the digital currency higher in the future.

On average Bitcoin has doubled in value year on year since it’s launch in 2009.

To begin accepting Bitcoin as a method of payment in your shop, restaurant or office click here today!

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