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What is the point of someone sending btc back to himself?
by bobbyi_settv 6y ago
What is the point of someone sending btc back to himself?
- lawn 6y agoThat's just how Bitcoin works. Say you have 1 BTC on an address and you want to send 0.1 to someone, you still need to send all of the money. So wallets "split" the 1 BTC into 0.1 and 0.9 outputs, sending the 0.9 to yourself to another address you control. It's called a change address. Modern wallets do this automatically, but it can be confusing to look at it on a blockchain explorer.
- shuntress 6y agoMaybe she is just trying to flex.
- oarsinsync 6y agoIt’s like paying for a $3 latte with a $50. You need to get your change back.