Cryptocurrency News

Community-initiated ‘Bitcoin Stackchain’ exceeds $160K in one week

07/26/2022

Less than a minute

2022.07.26 21:27

Community-initiated ‘Bitcoin Stackchain’ exceeds $160K in one week

The Bitcoin (BTC) community, or “plebs” as they are affectionately known, are a force to be reckoned with. They banded together in less than seven days to stack over $160,000, or 7 BTC, in a “stackchain.”

The so-called stackchain, a portmanteau of the blockchain (Bitcoin’s ledger) and stacking Sats (buying BTC), is a community-driven meme. The investment chain derived from one man’s desire to express the idea that buying Bitcoin every day and doing dollar-cost averaging (DCA) is essential to being a Bitcoiner.

07/26/2022

Less than a minute

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