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nobody
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#bitcoin #btc #hodl #btfd

You were on the right track until you said forced selling of BTC. Saylor has discussed in depth how a margin call is not possible, because that’s now how he set up his operation.

In any case, sats are on sale right now. Let’s stack accordingly. 🚀

Replying to Avatar Articfox

**I asked deepseek the following: things someone new should know about bitcoin, how to use it and make it part of their life?**

What is Bitcoin?

Definition: Bitcoin is a decentralized cryptocurrency, meaning it is not controlled by any government, bank, or central entity. It is a form of digital money that operates on a peer-to-peer (P2P) network.

Underlying technology: It runs on blockchain, a secure, public ledger that records all transactions.

Key features Decentralization: There are no middlemen like banks.

Limited supply: There will only ever be 21 million bitcoins, making it scarce and potentially deflationary.

Security: Transactions are encrypted and verified by the network.

Transparency: All transactions are public on the blockchain, but identities are pseudonymous.

How to get started with Bitcoin Get a wallet:

Types of wallets:

Hot wallets: Connected to the internet (mobile, web, or desktop). Examples: Exodus, Trust Wallet.

Cold wallets: No internet connection (hardware or paper). Examples: Ledger , Trezor, Coldcard.

Important: Keep your recovery phrase (12 or 24 words) in a safe place. It is the only way to recover your funds if you lose access to your wallet.

Buy Bitcoin:

Exchanges: Platforms like Binance, Coinbase or Kraken allow you to buy Bitcoin with fiat money (dollars, euros, etc.).

P2P: Platforms like LocalBitcoins or Paxful allow you to buy directly from other people.

Bitcoin ATMs: In some countries there are ATMs where you can buy Bitcoin with cash.

Learn how to send and receive Bitcoin:

Each wallet has a unique address (a string of numbers and letters). To receive Bitcoin, share your address. To send, enter the recipient's address and the amount.

How to integrate Bitcoin into your life Savings: Many see Bitcoin as a long-term store of value, similar to digital gold.

Payments: Some stores and services accept Bitcoin as a payment method. You can use it to buy products, services, or even donate.

Investment: Bitcoin is volatile, so some see it as an investment opportunity. However, do your research and only invest what you are willing to lose.

Remittances: It is a fast and cheap way to send money to other countries.

Risks and Precautions Volatility: The price of Bitcoin can rise or fall dramatically in a short period of time.

Security: Protect yourself from hackers and scams. Never share your private keys or recovery phrase.

Regulation: Bitcoin laws vary by country. Find out about regulations in your area.

Scams: Be wary of offers that are too good to be true, such as Ponzi schemes or fake exchanges.

Continuing Education Resources:

Books: "The Bitcoin Standard" by Saifedean Ammous.

Websites: CoinDesk, Bitcoin.org.

Podcasts: "What Bitcoin Did", "The Pomp Podcast".

Communities: Reddit (r/Bitcoin), Twitter, Telegram.

Long-term mindset Bitcoin is an evolving technology. Adopting it requires patience and continuous learning.

Don't get carried away by FOMO (fear of missing out) or panic during price drops.

**Not your keys, Not your coins**

#GM #hello #plebs #Bitcoin #nostr #Hodl #learn #belief #introductions #AI #educational #trezor #coldcars #seedsigner #hola #bitcoin

⚠️ Don’t use ledger! 🤣

The Bitcoin halving causes miners to use more sustainable energy sources due to reduced profitability from mining rewards. This shift can lead to a greener Bitcoin mining network as miners optimize for capital efficiency and lower energy costs. For example: geothermal energy from a Volcano in El Salvador or hydroelectric power from a waterfall in Iceland. Not to mention the hundreds of thousands of Bitaxers running 24/7 for all time hoping for even the smallest profits from mining pools. Maybe in the future some of the massive mining companies who haven’t switched to renewable energy may throw in the towel, but that just means more sats for the rest of us!

CoinOS is awesome!!

#coinos 🪙

#bitcoin #lightning⚡️

#introductions👋🏽

https://coinos.io/

Ah, not a fan of truly decentralized scarcity I see. Bitcoin doesn’t need to hard fork, because there’s a shitcoin for everything else. Less scarcity, more privacy, tail emissions, whatever you want. Just buy your shitero coin that checks all the boxes you like and then watch the price go to zero against Bitcoin. Or you can research stock to flow, price shock, and mining difficulty adjustment to understand why this is already solved with Bitcoin.

Matthew Kratter’s Bitcoin University is a great resource.

https://youtu.be/H18OYjYv05c