₿itcoin is not going away. |
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Money printing has allowed UNEARNED WEALTH to concentrate in the hands of a few power hungry, greedy people giving them the means to wage wars endlessly.
"Absolute power corrupts Absolutely".
Bitcoin is truly DECENTRALIESED the beauty of this is there is NO one attack surface. No office. No bank. No pile of coins to be stolen. No where the government can walk in and take over.
"Absolute power corrupts Absolutely".
Bitcoin is truly DECENTRALIESED the beauty of this is there is NO one attack surface. No office. No bank. No pile of coins to be stolen. No where the government can walk in and take over.
Although Cryptocurrencies are a bit of a roller coaster ride, the gains over the last 10 years have been undeniable.
I believe this is just the start. I believe the financial world will turn inside out over the next few years.
The excessive money printing and borrowing of all the major governments could lead to the collapse of the Dollar, Pound and Yen leaving you with pensions and investments that are worthless.
There are no official experts out there. There are no training courses as the whole space is moving so fast, its a full time job staying up to date. The only real experts are the people that have been following the scene every day.
If you wish to DONATE some Bitcoin afterwards, that would be most welcome.
I believe this is just the start. I believe the financial world will turn inside out over the next few years.
The excessive money printing and borrowing of all the major governments could lead to the collapse of the Dollar, Pound and Yen leaving you with pensions and investments that are worthless.
There are no official experts out there. There are no training courses as the whole space is moving so fast, its a full time job staying up to date. The only real experts are the people that have been following the scene every day.
If you wish to DONATE some Bitcoin afterwards, that would be most welcome.
There's over 1600 crypto currencies, at least 99% are SCAMS the other 0.9% will go no where. Leaving may be 0.1% worth while and in my opinion only one truly free currency - BITCOIN BTC.
Why Bitcoin BTC
- Its THE 1st truly scarce and original digital asset for the digital age.
- MICRO PAYMENTS !!!
- Auto MICRO PAYMENTS !!!
- There is a non-zero chance that Bitcoin will become the global reserve currency. Probably the most incredible risk/reward opportunity many of us will see in our lifetimes. What a time to be alive. (Pomp)
- Money printing by governments is the biggest scam ever invented - In the UK the total amount of money has increased 7 X since the 1980. Devaluing your £1 to 14p
- Every day bitcoin moves more money around the globe than Paypal !
- Instead of your money going from You - Bank - Recipient. It goes You - Recipient
- Its Truly Democratic. IE you cant change the rules unless the vast majority (miners and HODLers) decide to.
- You are trusting maths not governments, banks or companies
- It can scale. See Lightning Network.
- All value is owned 100% by the investors only
- No one can print more and therefore steal the value of your savings
- It has the largest Network Effect of all the crypto's
- No "Premine" - No one printed a ton of Bitcoin copycat and kept it for them selfs - THEN released the currency making them selfs very rich.
- The bitcoin blockchain has never been hacked since creation
- No down time
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Down sides are
Stick with Bitcoin (BTC) untill you have spent at least a year studying the subject. Beware copies like Bitcoin Cash (BCH, BSV or BCC) lurking on websites like coinbase pretending to be the real thing. If its backed by a bank or a company or some one rings you its not Bitcoin. Where to buy Bitcoin ?Privately or not ?
Most governments legislate that any money exchanging companys have to keep records of who and how much money was echanged this is known as -
Not Privately
BITTYLICIOUS https://bittylicious.com
Exchanges are more involved but you can get the best price and trade back and forth. https://www.kraken.com/ https://www.bitfinex.com/ Privately
No record of the transaction takes place. Its just between you and the other party. https://localbitcoins.com At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly. https://bisq.network AKA Bit Square. A decentralised Exchange. |
The Blockstream Satellite s (5 of) network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing anyone in the world with the opportunity to use Bitcoin.
Most people that have been in the space for any time belive bitcoin.com is a scam dedsigned to sell you Bitcoin cash, owned by Rodger Ver (remember there is no official website)
Many people try to copy Bitcoin ( copies like Bcash BCH, BSV or BCC + 1500 others ) because the rewards can be astronomical. Bitcoin can not defend its self as it is not a company or a personality is just a concensus of like minded people that want a free currency beyond the control of Banks, Governments and individuals. |
Learning About Bitcoin.
Trusted crypto commentators
Andreas Antonopolis - is one of the best educators in the space. With numerous talk / videos on Youtube for all levels.
https://www.youtube.com/user/aantonop Sunny Decree https://www.youtube.com/watch?v=BkZncTKQ8Ug https://bitcoin.org/en/ The World Crypto Network https://www.youtube.com/user/WorldCryptoNetwork Jame Lopp (for in depth technicals) https://lopp.net/bitcoin.html Trace Mayer www.proofofkeys.com What Bitcoin Did Podcast. Some great interviews with people at the cutting edge. https://www.whatbitcoindid.com/ |
Recomended ReadingSaifedean Ammous - The Bitcoin Standard
When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. Andreas Antonopolis - The Internet of Money Bitcoin, a technological breakthrough quietly introduced to the world in 2008, is transforming much more than finance. Bitcoin is disrupting antiquated industries to bring financial independence to billions worldwide. In this book, Andreas explains why bitcoin is a financial and technological evolution with potential far exceeding the label "digital currency." Twitter - who to follow :-
@saifedean @TraceMayer @WhalePanda @lopp @CaitlinLong_ @AnselLindner @POMP @hodlonaut Fund Rasing / Patreon Alternative
https://tallyco.in Welcome to the Bitcoin alternative of Patreon and GoFundMe! Start fundraising today. Incentivize donations. Get paid instantly! ZERO fees. |
Bitcoin Storage
Software Wallets
Small amounts storage could be on your Mobile phone App EG green address. A true open source Segwit enabled wallet.
As this is connected to the internet It could be hacked! GreenAddress on IOS Bluewallet IOS and ANDROID Samourai Wallet https://samouraiwallet.com/download https://www.wasabiwallet.io Very privacy orientated. |
Or a desktop App such as Exodus
As this is connected to the internet It could be hacked! So best for small amounts. 
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Hardware wallets.
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Larger amouts shoud be stored on a dedicated storage device EG Ledger Nano s or Trezor. They make trasactions easy. Of course you Bitcoin is not stored on the device. Its stored on the block chain so IF you loose your divice you can buy a new one - Log in with your 24 word seed and you have access to your Bitcoin again. This is generally tue for all devices.
Never keep your Bitcoin on an exchange!
Remove it to your storage divice ASAP. Exchanges can and do go bust or get hacked or an employee can “loose” the currency. In crypto your private keys are everything. Not your keys - Not your bitcoin. |
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Storing Really large / Instititional amounts of Bitcoin.
You could store Billions on any one of these devices / wallets, but institutions are uncomfortable / unable to, so some company's are filling this gap such as -
Fidelity - Is the first up and running Bitcoin storage firm.
https://www.fidelity.com/viewpoints/active-investor/beyond-bitcoin
Bakkt - www.bakkt.com/index
Institutions Buying large amounts of crypto could make the prices EXPLODE UPWARDS !
Fidelity - Is the first up and running Bitcoin storage firm.
https://www.fidelity.com/viewpoints/active-investor/beyond-bitcoin
Bakkt - www.bakkt.com/index
Institutions Buying large amounts of crypto could make the prices EXPLODE UPWARDS !
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Public Keys -
A bit like a email address. The wallet address you want people to send money too can be represented in 3 ways. Its purest original form. Very tricky for humans to read. - 3FtenCiXpSLqD8L49intRiXUgjRoH9sjXa A 12 or 24 word seed eg - cradle squeeze wrap web speed bottom laptop response blanket glance silk usefull 
This can also be in the form of a QR code. The most popular way. Easily read by smart phone.
Private keys -
Your key to your wallet NEVER TO BE SHOWN eg - 3ykeICiXpSLqD09hL7Jk9intRNXUgjRoH9sjXaf53hagSd4Dha This has been made easier for humans and computers to read in the form of a 12 or 24 word seed phrase or QR code. Jargin Buster
BULL Market Price going up BEAR Market Price Going Down BTC Bitcoin Trading Identifier (the real Deal) BCH Bitcoin Cash Trading Identifier (Bcash) ( Bitcoin copy scam) BTD Buy The Dip (also see BTFD) CRYPTO All things relating to Crytocurrencies DOXX Doxxing is exposing your personal info DUMP Mass selling makes price go down FUD Fear Unsertanty Doubt (FUD Debunked) HODL Hold On Dear Life HODLer Some one who owns Crypto currency Lightning Network A second layer solution for speeding up Bitcoin. Mining The machinery that makes it work NOCOINER Some one who dose not own Crypto currency PUMP Mass buying makes price goes up REKT Lost all your money on Crypto |
Bitcoin price / investmentNow could be a good time to buy at less than $4,000. Whilst the lamestream media are slateing it, people have forgotten about the epic rise to $18,000 & Before the next run up, wich could be epic !
THERE IS ONLY ABOUT 3 MILLION BITCOINS LEFT - EVER ! 
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