Son: Hi Dad,
"Not stacked sats are not realized wishes."
People don't quite understand how immoral that is if they already heard of Bitcoin.
Dad: Son, something like the lack of self-care?
Son: Yes, you can look at it that way too.
Or in other words: If you don't stack these Satoshis, you're stealing from your future.
#Bitcoin
Dad: Son, I am looking for a Bitcoin documentary. Do you have any recommendations?
Son: Hi Dad,
Sure. I would watch these in the given order:
1. Banking On Bitcoin
2. Bitcoin — Shape The Future
3. The Rise And Rise Of Bitcoin
4. Bitcoin: The End of Money as We Know It
5. Bitcoin: Beyond the Bubble
Dad: Got my popcorn ready for documentary night! Thanks for your recommendations, son.
#Bitcoin
Son: Dad,
Bitcoin has died more often than Kenny from South Park.
Dad: Son, who is Kenny?
#Bitcoin
Son: Dad, these are the top 5 things I learned about money while in school.
1. _________________________________
2. _________________________________
3. _________________________________
4. _________________________________
5. _________________________________
Dad: Son, it is a shame...
I am certain that the "health" list will not look any better.
#Bitcoin
Dad: Son, is it possible to send funds from a Bitcoin address to itself, I mean to the same address?
Son: Hi Dad,
Yes, "address reuse" is possible, but should be avoided as it unnecessarily reveals common authorship of transactions.
Repeat after me: "Address reuse is privacy abuse."
#Bitcoin
Dad: Son,
Bitcoin is too expensive
Bitcoin is old technology
Bitcoin is too complicated
Bitcoin is risky and speculative
Bitcoin will be replaced by another coin
Son: Hi Dad,
No, no, no, no and no.
It would go beyond the bounds of this message to elaborate on this. Talk to you later...
#Bitcoin
Dad: Son, I just bought a bitcoin.
Son: Ahh..
the beginning of a deep friendship!
#Bitcoin
Dad: Son, imagine being hahahahahahahahaahahahahahahahahahahahahahahahahahahaahaha hahahahahahahahahahahahahahahahahaahaha haaaahahahahahahahahahahahahahahaha haha.
Son: Dad?
Dad: Hahahahahahahahahahahahahahahahahaahaha
Hahahahahahahahahahahahahahahahahaahaha
Son: Dad?!
Dad: Imagine being invested in treasury bonds!
Son: Hahahahahahaha.... I'm laughing my head off.
#Bitcoin
Dad: Son, do you have a list of decentralized altcoins to invest in?
Son: Hi Dad,
Sure, these are the top 3 decentralized shitcoins:
1. _______________________________
2. _______________________________
3. _______________________________
Dad: Son, okay, I got it... No altcoins.
Bitcoin has become so expensive.
Son: Dad, get some sats instead.
#Bitcoin
Dad: Son, this Bitcoin thing is overwhelming.
Can you present me a five-point plan of measures? I appreciate your help.
Son: Hi Dad,
Self sovereignty is tricky.
However, It's not black or white – it's a gradient.
Start and try to improve your setup over time.
Test it, find security holes, privacy leaks and fix them. Iterate over and over again.
#Bitcoin
Son: Dad, did you know
Bitcoin in self-custody has no counterparty risk.
Dad: I am aware.
#Bitcoin
Dad: Son, why is Bitcoin so hard to understand at first?
Son: Hi Dad,
Lina Seiche once said on a podcast: "The hardest part when learning about Bitcoin is to first unlearn the fiat economics you’ve been taught to believe in. Once you do, Bitcoin becomes the obvious choice."
Dad: Son, it doesn't make it any easier that you are then one of the few.
Son: Yeah, Dad, that's true. Oh, almost forgot, there is a quote from Satoshi Nakamoto himself on this.
"Sorry to be a wet blanket. Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to."
#Bitcoin
Son: Dad, did you get your coins off exchange?
#Bitcoin
Dad: Son, queston arr you a bitcorn millionaire??
Son: Hi Dad,
Hell no, I wish.. BUT NO!! You're drunk Dad?
Dad: Nooo. Just havin a few drinks with olf friends
Doing some moooon math and fooling around..
Son: Take care of yourself and respect OPSEC rules!
Don't be a loudmouth and protect our privacy!
Enjoy the fact that you understood it early on.
Dad: You ar right, son. I am sooorry. :-(
#Bitcoin
Dad: Son, a man who does not take care of his family cannot be rich.
Take care of your family.
Son: Hi Dad,
I truly agree.
Generational wealth is my final goal.
Dad: Good, but do not ruin your health along the way.
#Bitcoin
Son: Dad, Bitcoin is my Ikigai.
Dad: Son, okay, but tell me, what is an "Ikigai"?
Son: "Ikigai" is a Japanese concept referring to something that gives a person a sense of purpose, a reason for being.
Dad: Sounds spiritual... Maybe that is the reason why Bitcoin is changing many positively.
#Bitcoin
Dad: Son, what are Mining pools?
Son: Hi Dad,
Mining pools are groups of miners that combine their computational power to increase the probability of finding new blocks.
Dad: Compete in good company.
Son: Yeah, that's it.
#Bitcoin
Dad: Son, I met my banker and asked him about Bitcoin. He is not convinced and said it will go to zero.
Son: Hi Dad,
Did you know that banks could soon become redundant? Certainly, he does. These "wealth managers" are funny people.
One day, they inform you that the price will go higher than USD $300,000 and the next day they warn you that you could lose all your money.
Dad: Son, thanks to negative interest rates, even a one-tenth of a percent increase in value would outperform the bank's value proposition.
Son: I wonder why banks still exist. Nowadays, people walk around "with a Swiss bank in their pocket".
#Bitcoin
Dad: Son, drinking less alcohol is a great way to save money. Drink less, invest more.
Son: Hi Dad,
I wish you mentioned this 20 years ago.
For max stacking performance, skip the sip.
#Bitcoin
Dad: Son, since the Bitcoin price is tied to the collapsing fiat system, what would the value of Bitcoin look like after the collapse?
Being decentralized and all, who would assign the value?
Son: Hi Dad,
Some use gold as metric.
I prefer 1 BTC = 100,000,000 sats.
Just focus on how many sats you can buy.
Bitcoin prices are determined by the market in real time. Goods and services will soon be denominated in bitcoin or sats.
#Bitcoin