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Vocal Hornbill
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... or until the International Monetary Fund decided to stop it. Which happened. His proclaimed idea has already been debunked, unfortunately for El Salvador.

So true. It seems the perfect time to learn and share what digital signatures are, why and how to use them.

No forgery, cryptographical proof of authenticity. They may be not a smooth tool for unexperienced people, but for sure our younglings need to learn how to protect themselves.

Of course that would be just the technical approach. Before that, some "soft skill" as a natural skepticism matched with an understanding of people's wants and needs have to be the basement.

Think of bitcoin as a material which is sent as powder collected in sachets. Each sachet is locked by a key-protected mechanism in a way that, when it is unlocked, the whole sachet gets destroyed and can not be recovered.

At that time you need to collect (almost *) all the powder in one ore more different sachets and lock each of them with a similar mechanism to the one you just opened (of course, the key for each of them may be different).

UTXO = the intact sachet, still locked

Powder (or better, indivisible atoms) = satoshis

Transaction = the process of destroying UTXOs and create new UTXOs with satoshis

* = some satoshis need to be left on the table for the miners' vacuum cleaners, in order to tempt them and confirm the transaction for you.

The more you use, the more you'll need.

Let's keep our children safe and (w|h)ealthy

#studyBitcoin #stacksats

The less they know

the safer you are.

#NoKYC