Where do I apply
Absolutely 💯
Same!
Bitcoin genesis block was mined 14 years ago .
Here are 14 Facts about bitcoin.
⚡️⚡️⚡️🥳
1. Bitcoin whitepaper was released in 2008 after the Market crash, as a solution to double spending.
2. Bitcoin was created anonymously by Satoshi Nakamoto. We do not know who this person or group of people is.
3. Bitcoin ≠ other Cryptocurrencies
4. Bitcoin is Software
5. You can mine Bitcoin
6. There is a hard cap of 21 million coins, and there will never be more created.
7. Roughly every 4 years the amount of bitcoin that you can mine is reduced by half.
8. Bitcoin has the most computational power on earth.
9. Bitcoin has a Layer 2 called Lightning Network and it is faster than Visa and Mastercard
10. Bitcoin is censorship resistant and it is fully decentralized.
11. Bitcoin is divisible by 100,000,000 Satoshis
12. Bitcoin is legal tender in several countries.
13. Bitcoin can be kept in COLD Storage which allows you to have self custody of your assets.
14. Bitcoin is the best performing asset of the last decade.
Top 5 things I learned about #Bitcoin in 2022.
😇
1/ Do not lock up your Bitcoin.
-CEFI = Not your keys not your coins
-DEFI = why risk a hack/exploit ?
Yield on your BTC?
Where is the yield coming from?
2/ Keep it in COLD STORAGE
Hot Wallet = Exchanges (Not all are bad but you are risking a lot, think FTX)
Warm wallet = Connected to Internet
Cold Wallet = Your bitcoin Safe.
Simple.
3/ Study Bitcoin and ignore 99% of Cryptos.
If you study Bitcoin you will see that there is no point for most tokens or crypto currencies.
4/ Value ≠ Price
Bitcoin fundamentals are way better than last year.
Price is down but the protocol is still more secure, more adopted, more HODLers, cheaper and faster than banks.
5/ Bicoin is hope.
Banking the unbanked.
Hedge against inflation.
Remittance fees are a thing of the past.
First global money.
Another @impact_theory this time with @Breedlove22
youtu.be/d_34YjXAU5Y
What Bitcoin did with @coryklippsten
youtu.be/-isSmnCgUws
Which is the latest of them all.
Enjoy!
@lexfridman and @saifedean Author of the Bitcoin Standard book.
youtu.be/gp4U5aH_T6A
@tferriss and his podcast The Tim Ferriss show
youtu.be/3FA3UjA0igY