₿itcoin is not going away.
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.
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 your pensions and investments 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.
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.
  • 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
  • Its Proof Of Work - POW
  • No down time
Down sides are

  • Loose your private keys = loose your money!
  • Theres no person or company you can ring if it goes wrong
  • The price can go down as well as up
  • Code is written by volunteers so it improves more slowly than a business
  • Numerous scams pretending to be Bitcoin
  • No website apart from ones written by volunteers (like this one) or the ones shown below.
  • Numerous copies​ pretending to be bitcoin eg Bitcoin cash, ABC, SV, Gold, Private etc
  • Its all a great big experiment
​
   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 -
  • KYC (Know Your Customer)
  • AML (Anti Money Laundering)
This usually involves giving away personal info such as Pictures of your self holding up your passport, drivers licence etc.
Not ​Privately
BITTYLICIOUS
https://bittylicious.com
  • Bitcoins sent to you as soon as we see the payment.
  • Promise of a full refund if the payment arrives late.
  • Prompt support during the UK working day.
  • Industry best practices followed when it comes to AML and KYC.


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.

At an ATM - Dont forget get to wear sunglasses and a moustach !
99bitcoins.com/bitcoin-atm-near-me-map/
​

http://www.coinstar.com
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.
Casa Hodl full node $200
Nodl enables you to connect to Bitcoin and the Lightning Network so that you can verify and process payments without having to rely on any intermediaries.
https://www.nodl.it/

Scams and Frauds

ALL MONEY IS A SCAM.
Bitcoin is the only one that does not benefit a government, organization or individual.
   There's over 1600 crypto currencies, at least 99% are Deliberate SCAMS the other 0.9% will go no where. Leaving may be 0.1% worth while and in my opinion only 3 truly free currencies -
Gold, Silver & BITCOIN BTC.
These rely on Proof Of Work -
You have to dig it out the ground or mine it with electricity or purchase it.
​Not POW = SCAM
Bitconnect was the classic SCAM / Ponsi scheme. Seeing the price rocketing, people bought in on the way up until the rug was pulled out from underneath them. A very large quantity of pre mined coins where sold very quickly leaving you with a "bag" of worthless coins. See "Bag Holder". This is what governments do to your savings only much more slowly.
Bitcoin cannot defend its self as it is not a company or a personality is just a consensus of like minded people that want a free currency beyond the control of Banks, Governments and individuals.

Learning About Bitcoin.

To truly understand Bitcoin you need to understand it on several levels.
  1. Its nerdy internet geek money.
  2. Finance, who issues money.
  3. Why it makes Banks obsolete.
  4. How it will cut government spending down to size.
  5. The impending Financial melt down.
  6. Why decentralization is important.
  7. Proof of work.

Trusted crypto commentators

Picture
Andreas Antonopolis - is one of the best educators in the space. With numerous talks / videos on Youtube for all levels.
https://www.youtube.com/user/aantonop

Learning about Bitcoin
https://bitcoin.org/en/
​
The World Crypto Network
​https://www.youtube.com/user/WorldCryptoNetwork
​
Jame Lopp (for in depth technicals)
https://lopp.net/bitcoin.htm

Learning Finance

Mike Maloney - The hidden secrets of money
A great little YouTube series
https://www.youtube.com/watch?v=iFDe5kUUyT0

Learning Trading

Sunny Decree
https://www.youtube.com/watch?v=BkZncTKQ8Ug
​
​Trace Mayer (advanced)
www.proofofkeys.com

What Bitcoin Did Podcast.
Some great interviews with various influencers.
https://www.whatbitcoindid.com/

Recomended Reading

Saifedean 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 decentralised 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."

Crypto Twitter

    Twitter is the battle ground for the harts and minds of the Crypto world. Scammers come and go trying to sell "THE NEXT BITCOIN" or Banksters trying to FUD bitcoin, the Bitcoin community rigorously defend the real Bitcoin.

- 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

Picture
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.

Hardware wallets.

Larger amounts should be stored on a dedicated storage device EG Ledger Nano s or Trezor. They make transactions easy. Of course your Bitcoin is not stored on the device. Its stored on the block chain so IF you loose your device you can buy a new one - Log in with your 12or24 word seed and you have access to your Bitcoin again. This is generally true for all devices as long as you have made a copy of your 12/24 word seed IN HAND WRITING ON PAPER. Do NOT type them into a spreed sheet and save or print. Remember your computer can be hacked, your printer can be hacked.
Never keep your Bitcoin on an exchange!
Remove it to your storage device 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.​​
Opendime is a small USB stick that allows you to physically spend or give away  Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.
What is the Coinkite Coldcard? It's a Bitcoin hardware wallet, so it signs transactions and can be used offline.
https://coinkite.com

Storing Really large / Instititional amounts of Bitcoin.

You could store Billions on any one of these devices / wallets, but institutions are unable to because of legislationary reasons Like where do you keep the Keys in an office draw? a safe? a paper wallet ?

1 Billion Dollars on your smart phone is not going to cut it !
​
Some company's are now 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 !
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
Picture
   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

Altcoin    Crypto currency thats not Bitcoin BTC
Bag Holder  Person left holding bag of worthless coins.
Bankster   A banker that hold governments/economies to ransom
​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 Cryptocurrencies
DOXX     Doxxing is exposing your personal info
DUMP    Mass selling makes price go down
Eighty percenter  Believes in bitcoin 80% maybe has 20% Alts
FUD        Fear Uncertainty Doubt (FUD Debunked)
​O G        Original Gangster ( early bitcoin adopter )
HODL     Hold On Dear Life
​HODLer  Some one who owns Crypto currency
Lightning Network  A second layer solution for speeding up Bitcoin.
Maximalism Believes there is only one true Bitcoin
​Maximalist
Maximalish Believes theres probably only one true Bitcoin.
Mining    The machinery that makes it work
NOCOINER Some one who does not own Crypto currency
POW      Proof Of Work - You have to do work to get some.
PUMP     Mass buying makes price goes up
REKT      Lost all your money on Crypto
Shitcoin  Ultimately worthless coin or every coin other than BTC 

Bitcoin price / investment

Price charts
https://coinmarketcap.com
https://coinpaprika.com/
Now could be a good time to buy at less than $4,000 (I'm just going to leave this). Whilst the lame-stream media are slating it, people have forgotten about the epic rise to $18,000 & Before the next run up, which could be epic !
THERE IS ONLY ABOUT
3 MILLION BITCOINS LEFT - EVER !
Or should I say theres only
​300 Trillion Satoshi left - EVER !