Everything about Bitcoin

Bitcoin is not going away.

Money printing has allowed UNEARNED WEALTH to concentrate in the hands of the Banking & Wall St elite.

Devaluing the Dollar, Pound and Yen leaves your savings, pensions and investments effectively plundered to bail out Eco unfriendly - Banks, Governments & Business's and the Military.

Bitcoin Fixes This !
Since the 2008 crash the money printing has gone into overdrive.
It's has mostly gone to bailing out the Banks, Wall Street, Share buy backs, Bowing AKA the Military Industrial Complex, the world biggest polluter & war machine ever !
Printed money looks for businesses & business ventures to legitimise its self, like Tar Sands, Fracking, buying up indigenous land, rain forests etc. These are rarely eco friendly.
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​BAD ACTORS HAVE CONTROL OF A NEVER ENDING SUPPLY OF MONEY !

What is Bitcoin

Bitcoin -
  • is digital gold.
  • is an incorruptible public money ledger.
  • is money beyond control of - Governments, Companies and Individuals.
  • can only be brought into existence by mining.
  • can be mined, bought, sold or earned.
  • can be sent and received with an app just like regular money.
  • is truly DECENTRALISED the beauty of this is there is no one attack surface, no office, no bank, no pile of coins to be stolen, nowhere the government can walk in and take over. It's about the separation of State & Money.

One of the best Bitcoin explainers ever !

Why Bitcoin

  • It's THE 1st truly scarce and original digital asset for the digital age.
  • Bitcoin is instantly settled
  • 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 Banksters and 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 from 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
  • The addition of the Lightning Network has made all other crypto currencies obsolete
  • All value is owned 100% by the HODLers
  • It has its own official symbol ₿
  • 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 "Pre-mine" - No one printed a ton of Bitcoin copycat and kept it for them selfs - THEN released the currency making them very rich.​
  • The bitcoin blockchain has never been hacked since creation
  • Its Proof Of Work - POW
  • No down time
  • Individuals have and continue to have every opportunity since 2009 to buy in before governments & institutions.
  • Micro payments
  • Auto Micro payments

Learning About Bitcoin.

The main thing to remember is TRUST NO ONE ! the space is full of scams & scammers especially altcoins & coiners.
To truly "get" Bitcoin first you need to understand -
​
  1. Regular money - Who issues it (Central Banks)
  2. How money printing increases inequality
  3. What happens if you print too much money & the impending Financial melt down.
  4. Bitcoin is THE hardest money ever & will displace other currencies & could eventually displace the dollar
  5. Why decentralization is important
  6. Proof of work
  7. ​Bitcoin could be a huge positive for currencies
  8. Is an amazing hedge for a collapsing currency
  9. ​Hedge against real yield lost in devaluing cash
  10. How Bitcoin works (easy, it works like you think money should)

​ No one fully "grocks" Bitcoin first time.

   No one has truly found the bottom of the Bitcoin "Rabbit Hole" yet.

Learning Finance

Mike Maloney - The hidden secrets of money
A great little YouTube series

Trusted crypto commentators

Michael Saylor

   @michael_saylor the CEO of Microstrategy has an excellent website with numerous videos & info. A great place to start from a corporate finance point of view. 

Max Keiser

   Max Keiser is said to be the "High Priest" of Bitcoin. He is an ex Wall Street trader and has been telling people to buy bitcoin since it was $1.
   You find him on Twitter @maxkeiser . Also he's the author of the regular Youtube Show the @KeiserReport.

Recommended Reading

Andreas Antonopolis

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   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/aantopolis

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."

Learning about Bitcoin

   Bitcoin.org is probably the most trusted websites but bitcoin.com is a scam site ! Remember TRUST NO ONE !

The World Crypto Network
​https://www.youtube.com/user/WorldCryptoNetwork
​
James Lopp (for in depth technicals)
https://lopp.net/bitcoin.htm
bitcoinmagazine is a great source of info.

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.
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Bitcoin 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 :-
@maxkeiser 
@michael_saylor (business finance)
@JeffBooth
​@WhatBitcoinDid  
​Elizabeth stark @starkness 
Lightning Labs @lightning  https://lightning.engineering
@JackMallers 
​@saifedean    
@WhalePanda   
@lopp  
@CaitlinLong_ 
@AnselLindner   

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 (2017)). 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
2 MILLION BITCOINS LEFT - EVER !
Or should I say theres only
​200 Trillion Satoshi left - EVER !
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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.

Bitcoin meet-ups

You could always go to a bitcoin meet up near you & talk to like minded people hat hints and tips. Check out bitcoinerevents .
You Don't Change Bitcoin - Bitcoin Changes You - Max Kieser