The Reddit bitcoin tipping bot is the worst way to promote bitcoin and the shills won’t shut up about it.

I have a confession to make: I read Reddit. I feel so dirty for reading that shithole of mysogony, racism and creepy borderline pedophelic behavior but Iádo love pictures of cats getting their heads stuck in jars. What’s a man to do?

One of the few subreddit I actually subscribe to is naturally /r/bitcoin. The subreddit that was originally owned by infamous bitcoiner Atlas (who tried to sell off the subreddit at one point) has grown quite a bit since it’s inception. In fact, not to toot our own horn or anything, but with only 200+ upvotes, our article on Bruce Wagner was the top post of all time in the Bitcoin subreddit for several months before some shitty image macro complaining about Paypal replaced it. Out of this subreddit a grand idea was born, the Bitcoin Tipping Bot.

The way the bot works is amazingly simple. Just follow these few steps:

  1. First know what bitcoin is and get yourself some. I’m not going to explain this part because most people will not get this far.
  2. Message the bot /u/bitcointip “SIGNUP”. A bitcoin address will be created for you.
  3. Send your bitcoins to this second wallet that you don’t control
  4. Tip other redditors by commenting on posts using the format “+/u/bitcointip @username (amount)

That’s all there really is to send bitcoins. Actually receiving bitcoins is fucking terrible for a person who has no interest in bitcoins in the first place. I discovered this first hand when someone tipped me $1 and I tried to claim it. Read More