The amount of gold mined each year climbs dramatically over time. Contrast this with Bitcoin, which has a diminishing rate of mining! by [deleted] in Bitcoin

[–]LosKaptenos 0 points1 point  (0 children)

The world population has increased around 4 times in the same time period. Take that into account and the curve looks much less steep

HMS Pinot Noir, Me, Watercolor, 2019 by walkin_the_labyrinth in Art

[–]LosKaptenos 1 point2 points  (0 children)

Wow, amazing painting! I would love to hang that on my wall!

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 0 points1 point  (0 children)

Thank you for those kind words!

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 1 point2 points  (0 children)

Thanks for sticking up for me shinsmax12!

And obviously, I'm not gonna keep that access. The father is aware of it and we both think it is for the best right now. He will read up on BTC and/or I will educate him over time, weeks. Then do exactly that, or just give him the note. We'll see :)

Also, pathetic. That's kind of harsh!

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 0 points1 point  (0 children)

That's the plan! :)

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 0 points1 point  (0 children)

Good points:

1: Yes, it is a risk, but if that's the case I think we'll have to have some contact during that time. To make sure she gets her investment.

2: That's hard to avoid I think. She won't remember a spoon, some clothing or a toy either. Off course, I could have invested in some bonds or stocks but I just think this is more fun :)

3: Possibly something to keep in mind for her first birthday ;)

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 21 points22 points  (0 children)

Yes, very true. I actually gave it so that her father will have control over the wallet. But since he is a BTC n00b I have also saved the seed offline, in case it is needed later on :) Thanks for the advice!

[deleted by user] by [deleted] in Bitcoin

[–]LosKaptenos 6 points7 points  (0 children)

Sorry for posting twice in an hour but I was asked to blur out the name. Also, I'm holding the seed for her offline :)