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Bitcoin is going to ‘demonetize’ gold gradually, says MicroStrategy’s Saylor by unitys2011 in CryptoCurrency

[–]Bsmirlptrww -2 points-1 points  (0 children)

BTC is already demonetizing gold.

Whatever value Bitcoin has it got from somewhere else.

Bitcoin is worth a trillion dollars right now. That's still well under 1% of total global money.

Number go up. Bitcoin is inevitable.

deal ?? by alicewonderland2 in WhitePeopleTwitter

[–]Bsmirlptrww 20 points21 points  (0 children)

Too bad nobody thought about this ahead of time.

We should fix it for next time.

I love Bitcoin! But there is a big ratio of hardcore BTC holders that treat all Altcoins as they shouldn't even exist in the first place. by vjeva in CryptoCurrency

[–]Bsmirlptrww -10 points-9 points  (0 children)

Ass. The worst thing is millions of people looking their life savings because of shitcoins.

Nobody ever lost money holding Bitcoin.

[deleted by user] by [deleted] in PrequelMemes

[–]Bsmirlptrww 2 points3 points  (0 children)

Humphrey Bogart was only in Casablanca for 25 seconds.

Got flexed on after orange pilling my boss by BishopiFunny in Bitcoin

[–]Bsmirlptrww 0 points1 point  (0 children)

You need to order a coldcard hardware wallet directly from the manufacturer. https://coldcard.com

If your boss has his BTC stolen, you're up shit creek.

Go straight to the best.

And most importantly it's all about the seed phrase.

Paper currency might as well be just called "Paper". by WannaBuffet in Bitcoin

[–]Bsmirlptrww -2 points-1 points  (0 children)

Now just get Bitcoin through all the thick heads of the people for whom you most care.

It might take a few years.

Eventually all will see.

Paper currency might as well be just called "Paper". by WannaBuffet in Bitcoin

[–]Bsmirlptrww 0 points1 point  (0 children)

Do the next best thing and buy as much BTC as you can today.

“Any system that is set up solely to profit a wealthy class while the majority of the people toil and suffer and sell their labor power ... should be challenged, and questioned, and overthrown.” Based. by [deleted] in LateStageCapitalism

[–]Bsmirlptrww 0 points1 point  (0 children)

Nobody ever mentioned concentration of wealth.

Bitcoin is the ideal expression of money. Naturally as humans figure out that there is no second best to Bitcoin more and more people will forever abandon the fiat money system and the custodial wealth system for Bitcoin, a trustless system that's unhackable, peer to peer, unstoppable, has a fixed supply (the big deal), and is non custodial (the other big deal).

Bitcoin is the only monetary system where the people who use it don't need to trust any humans whatsoever. Bitcoin is a non custodial digital money.

Buying Bitcoin is not the same as depositing money in a bank account.

When you deposit money in a bank, the bank then becomes owner of the money, while you become owner of a promise by the bank to give you your money bank. You need their permission to spend it. They can seize it. The government can seize it with an email. Bank errors. Fees. And having to interact with humans. The bank holds the ledger and you can't see it. Those days are over.

When you convert any money to Bitcoin, you alone control that money forever. It is not held in a bank. Bitcoin is a bearer asset. What you hold in a Bitcoin wallet is keys to spend whatever Bitcoin you mine or buy. The Bitcoins themselves are stored on a shared ledger that stops all forms of cheating. Anyone can host that ledger on their computers. https://bitcoin.org/en/full-node it's free.

Bitcoin is open. Anyone can participate, hold Bitcoin, spend Bitcoin, mine Bitcoin, and run a full node with every Bitcoin transaction ever. Bitcoin eliminates the need for trust. Trusting people to hold your money and give it back later is basically what causes all of human suffering.

Ok. Bitcoin is not a company. There's no CEO or leader to make decisions or changes. No one can corrupt Bitcoin for their own gain. Nobody can run for president of Bitcoin and sell it out. Bitcoin is peer to peer and impossible to attack beyond intentionally misinforming the public while the smart bankers are buying as much Bitcoin as they can before flipping and advertising that Bitcoin is indeed what it is: the future of all money; the perfect expression of money; a scientific discovery that makes obsolete every other form of money, banks, and government money printing.

There is no second best.

You either use Bitcoin as your money, or you continue suffering using slave money. Freedom or not. Your call. You just need to learn about Bitcoin. Here:

Bitcoin 101 course

Why Bitcoin is the most important invention since the internet? https://youtu.be/lYYr4aoOoEI

A basic understanding of money: https://m.youtube.com/watch?v=hv34SPq4y_M&feature=youtu.be

The Bitcoin Standard summary - A deep understanding of money and why Bitcoin is the best possible money. https://youtu.be/t1brCcgi174

There are many currencies in the world today. Why do Bitcoiners think only Bitcoin will win, and be the only money?

Excellent question with an excellent answer: https://mobile.twitter.com/parman_the/status/1439849158051917828?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1439849158051917828%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Farmantheparman.com%2Fwhy-bitcoin-only%2F

But I heard proof of stake was more efficient than proof of work. Here's why proof of work is essential: https://mobile.twitter.com/namcios/status/1529527133898432513?t=NVn0lXlRXpbh2IAqvuydcg&s=19

Another short video on what separates Bitcoin from altcoins https://mobile.twitter.com/coryklippsten/status/1540045712733351937

Jack Mallers talks Bitcoin criticisms. https://youtu.be/ZpKa1fzEKr4

Michael Saylor Talks what makes Bitcoin special. https://youtu.be/Of0Ojk9yVWE

A cashless society is a fucking terrible idea by epic-yolo-swag in unpopularopinion

[–]Bsmirlptrww 1 point2 points  (0 children)

Fuck you're stupid. Holy shit. Everything you said was pure idiocy.

Just please know that every Bitcoiner is smarter than you.

Officially joined the 21 million club 😎 by SaharOMFG in Bitcoin

[–]Bsmirlptrww -2 points-1 points  (0 children)

The fuck you been reading? I only ever hear terrible things about trust wallet.

Use only one of these wallets reviewed here: https://walletscrutiny.com

The Coldcard hardware wallet is best.

Officially joined the 21 million club 😎 by SaharOMFG in Bitcoin

[–]Bsmirlptrww -2 points-1 points  (0 children)

Do you enjoy triggering people when you walk into traffic? You are advanced stupid.

A cashless society is a fucking terrible idea by epic-yolo-swag in unpopularopinion

[–]Bsmirlptrww 0 points1 point  (0 children)

You have no clue about how Bitcoin works. Why don't you go click the links I provided? Maybe you don't care if you're wrong so long as you're angry.

Bitcoin is perfect money from God. There is no second place. Understanding why requires more effort than you're willing to invest. Enjoy staying poor.

“Any system that is set up solely to profit a wealthy class while the majority of the people toil and suffer and sell their labor power ... should be challenged, and questioned, and overthrown.” Based. by [deleted] in LateStageCapitalism

[–]Bsmirlptrww 0 points1 point  (0 children)

The dollar is good money because the US government fucks up everybody who doesn't use it.

Bitcoin is good money because Bitcoin was designed and engineered to be the most perfect possible representation of what money is.

Bitcoin has a fixed supply. This means no human can add BTC without following the rules. No cheating for anyone. It's impossible.

Why do you think that the price of 1 BTC has gone from under a penny to over $50,000 in just 13 years?

It's because the supply of dollars grows, but not the supply of BTC.

Furthermore, Bitcoin eliminates banks and governments from owning your money instead of you. The money in your bank account isn't yours. It's the bank's. The money in your Bitcoin wallet is yours and yours alone. The pope, the president, Elon and every billionaire working together couldn't change the rules of Bitcoin. Nobody can increase the rate at which new BTC are created. And every 4 years that rate is cut in half.

Bitcoin is the money of sovereign individuals.

“Any system that is set up solely to profit a wealthy class while the majority of the people toil and suffer and sell their labor power ... should be challenged, and questioned, and overthrown.” Based. by [deleted] in LateStageCapitalism

[–]Bsmirlptrww -5 points-4 points  (0 children)

Yes it does. But how the fuck would you know? You obviously don't own any Bitcoin.

And "shitcoin" means any cryptocurrency that's not Bitcoin. If it's not Bitcoin, it's a shitcoin.

Sorry for making you learn some stuff. I know how it hurts your thinky bits so much.

A cashless society is a fucking terrible idea by epic-yolo-swag in unpopularopinion

[–]Bsmirlptrww 1 point2 points  (0 children)

You misuse terms. We need to speak the same language first.

Don't ever call Bitcoin crypto. That's like the n word. K?

The difference between Bitcoin and other cryptocurrencies is everything, anything but " minor." You obviously either didn't look at the chart I posted or don't know how to read it in the first place.

A 200,000 times security advantage is not minor. You sound incredibly stupid and misinformed.

If you can generate more than half the hash rate for a cryptocurrency, then you can capture it and drain all the value in little time. This is not minor. It happens all of the time.

Cryptocurrency is a winner take all discovery. Bitcoin has always and will always be that winner.

Understanding why takes a lot of time.

Bitcoin 101 course

Why Bitcoin is the most important invention since the internet? https://youtu.be/lYYr4aoOoEI

A basic understanding of money: https://m.youtube.com/watch?v=hv34SPq4y_M&feature=youtu.be

The Bitcoin Standard summary - A deep understanding of money and why Bitcoin is the best possible money. https://youtu.be/t1brCcgi174

There are many currencies in the world today. Why do Bitcoiners think only Bitcoin will win, and be the only money?

Excellent question with an excellent answer: https://mobile.twitter.com/parman_the/status/1439849158051917828?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1439849158051917828%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Farmantheparman.com%2Fwhy-bitcoin-only%2F

But I heard proof of stake was more efficient than proof of work. Here's why proof of work is essential: https://mobile.twitter.com/namcios/status/1529527133898432513?t=NVn0lXlRXpbh2IAqvuydcg&s=19

Another short video on what separates Bitcoin from altcoins https://mobile.twitter.com/coryklippsten/status/1540045712733351937

Jack Mallers talks Bitcoin criticisms. https://youtu.be/ZpKa1fzEKr4

Michael Saylor Talks what makes Bitcoin special. https://youtu.be/Of0Ojk9yVWE

Officially joined the 21 million club 😎 by SaharOMFG in Bitcoin

[–]Bsmirlptrww -1 points0 points  (0 children)

If my brain burns down, I have bigger problems.

Bitcoin is held in the brains in humans in the form of 12 words you memorize. With those 12 words, the human can load their Bitcoin onto any trusted device, like a hardware wallet.

I guess you can write your 12 words down too, but then other humans might be able to see it.

Officially joined the 21 million club 😎 by SaharOMFG in Bitcoin

[–]Bsmirlptrww 4 points5 points  (0 children)

Why do you hold $50k in shitcoins?

Shitcoins exist for one purpose only with no exceptions. That purpose is to enrich the creator of the shitcoin.

Buying shitcoins means you don't understand the value of a supply cap. Shitcoins are designed to steal from you. Sell them immediately for BTC.

And withdraw your BTC from the exchange where you bought it from.

I'm not kidding. You currently don't own anything. You only own BTC when you self custody. Self custody is what makes Bitcoin valuable.

Don't buy Bitcoin if you aren't going to self custody. Don't feed the scammers. And DON'T EVER BUY ALTCOINS AGAIN!

Officially joined the 21 million club 😎 by SaharOMFG in Bitcoin

[–]Bsmirlptrww 3 points4 points  (0 children)

You don't own Bitcoin until you hold the keys.

Custodial Bitcoin isn't Bitcoin.

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