RATE Group | Subreddit /r/Bitcoin Hits One Million Subscriber Milestone
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Subreddit /r/Bitcoin Hits One Million Subscriber Milestone

03 Dec Subreddit /r/Bitcoin Hits One Million Subscriber Milestone

Posted at 14:51h in Bitcoin News by

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Stalwart Bitcoin (BTC) community subreddit “/r/Bitcoin” has hit the one million subscriber mark, according to a post from moderator “ibelite” Dec. 2.

One of the most well-known online Bitcoin communities, /r/Bitcoin was founded in September 2010, almost two years after the release of the Bitcoin white paper. The subreddit has reached the one million subscribers point amidst the recent market slump beginning on Nov. 14, which continued throughout the week as Bitcoin fell below $4,000 on Nov. 29.

The subreddit notes in its description that they are “dedicated to Bitcoin, the currency of the Internet,” continuing:

“Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics”

As of press time, Bitcoin is trading at around $4,022, down more than 36 percent on the month, but up more than 4…

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