Replying to ₿itcoin

Difficult one... but bitcoin magazine is helpful, learnmeabitcoin.com had an easy explanation and an advanced one. Thebitcoinmanual.com or europeanbitcoiners or bitcoin-only.com are also nice ones. Also endthefud.org is a nice collection of articles.

2 nice visualizing sites: he doesnt have to read it, you need to bring an extra display and show it on that, so you can point stuff out. It can help alot.

mempool.space

bits.monospace.live
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Sats paa BTC 2y ago

Thanks for your suggestions. As I've mentioned, he has a good understanding of blockchain technology, and knows basic stuff about bitcoin...

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₿itcoin 2y ago

This makes it super nice. I provided extra explanation you could use. Does he know about hardware wallets?

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Sats paa BTC 2y ago

Yes, he does. But I think heseeds them as a potential very high threat to the individual. In terms of, with high level of freedom comes a high level of responsibility...

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₿itcoin 2y ago

He needs to watch spiderman too. those older movies were really teaching things.

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₿itcoin 2y ago

Also, an economy is dependend on the honesty of its users. Bitcoin is already the most fair and neutral economical system ever created, so it is a shame if honest people ditch it in favor ofa currency controlled by corruption.

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Sats paa BTC 2y ago

I get your points. He'd probably say that the potential disruption and chaos which would occur, should the world go from a USD standard to a bitcoin standard would generate a lot of injustice as well, simply due to the fact that bitcoin is not evenly distributed, but has a high concentration on relatively few hands...

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₿itcoin 2y ago

But in the proofof work model, this money has to flow to the productive side of the economy, the working class.

with fiat, there is no guarantee for this, because rich people can bend the rules and force people to reverse transactions or to pay money to the government. With bitcoin this is impossible, possibly opening new chapters in africa

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₿itcoin 2y ago

Also, once in a period the fiat system causes chaos. It almost is already a chaos. Gold and bitcoin have the most stable rules of all assets. Really predictable.