Do you guys dye the grey out of your beards?

Fractional reserve system is a bigger problem than climate crisis.

Are there any horror movies out there that are actually scary

People who use light mode with the brightness turned all the way up, I have a question….WTF?

I ask GPT-4 how to explain Bitcoin to a normie. Here is the response:

Explaining Bitcoin to someone who's not familiar with it can be challenging. However, breaking it down into simpler concepts and highlighting its benefits may help them understand and possibly consider investing. Here's an approach you can use:

Start with the basics:

Explain that Bitcoin is a digital currency, also known as cryptocurrency, which operates independently of central banks and governments. It was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It is decentralized, meaning that no single authority controls it, and it is powered by a secure network of computers called the blockchain.

Compare it to traditional money:

Highlight that, like traditional money, Bitcoin can be used to buy goods and services, and it can be exchanged for other currencies. However, it has some key advantages, such as lower transaction fees, faster and more secure transfers, and increased privacy.

Explain the technology behind it:

Introduce the concept of blockchain, a digital ledger that records all Bitcoin transactions. Emphasize that this technology is transparent, secure, and resistant to fraud, as each transaction is verified by a network of computers before being added to the ledger.

Discuss its scarcity and value:

Explain that there is a limited supply of Bitcoin, capped at 21 million coins. This scarcity, combined with its growing demand, has driven up its value over time. Historically, Bitcoin has shown strong returns compared to traditional investments, although it's essential to mention that past performance is not indicative of future results.

Talk about risks and rewards:

Inform them that, like any investment, investing in Bitcoin comes with risks, such as price volatility, regulatory uncertainty, and potential cybersecurity threats. However, it also offers potential rewards, including portfolio diversification, potential high returns, and exposure to an innovative technology.

Guide them on getting started:

If they're interested in investing, recommend starting with a small amount they can afford to lose. Explain how to purchase Bitcoin through a reputable cryptocurrency exchange, and the importance of using a secure digital wallet for storage.

Remember to emphasize that they should do their own research and consider their risk tolerance before making any investment. It's also a good idea to suggest consulting with a financial advisor for personalized advice.

Most wallets do let you choose if you generate the key outside of the wallet with your own entropy.

Within the wallet you would be selecting restore

existing, rather than create new.

Every bitcoin wallet that will ever be used already exists, it just needs to be discovered.

Is there really a big security difference between 12 and 24 seed words? Obviously 24 is more but is 12 really not enough?

How do you get the cheese on there like that?

Can’t find her pod. You got a link?

When #[0]​ tells me to read something I listen

gm

Real estate prices in Ontario are holding up quite well considering high rates. Demand is actually fairly robust.

It will be interesting to see if this continues, as prices have skyrocketed in the last decade and many have called for a crash due to higher mortgage rates.

Debasement kills the working class and in the absence of a dollar that holds its value over time, assets are monetized beyond their utility value. This creates a wealth gap between asset owners and labourers working paycheque to paycheque.

If real estate prices hold or turn up it would be a very strong signal that Bitcoin adoption will accelerate amongst those who’ve feel left behind.

🟣🟠🏡

Thoughts?