Thursday, 6 January 2022

Anyone else experience this? Told my friend at work about Bitcoin, he was really fascinated by it as an inflation hedge. Came back the next day with a bunch of shitcoins but no Bitcoin.

He said he downloaded Coinbase and bought a bunch of random coins some youtuber suggested. I asked him if he bought any Bitcoin, he said "nope, it was too expensive".

🤦🤦🤦🤦🤦🤦🤦🤦🤦

submitted by /u/ShotBot
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I have been in Bitcoin for more than a decade at this point, and nothing has convinced more people around me to start DCA saving some of their income in Bitcoin than sending them Michael Saylor videos to help explain Bitcoin to them in a vocabulary that they can understand

Getting too technical doesn’t explain it to the average person who doesn’t understand the fundamentals of economics to comprehend the technical lingo.

You know, if we embraced dumbing stuff down for the masses, we’d probably reach a lot more people, instead of trying to act like an angry Econ professor who's scolding them for not understanding the fundamentals after a lifetime of being raised to be clueless on this subject.

I get that there are people here who hate the way he phrases things or uses metaphors, thinking they that can make better metaphors to help people understand Bitcoin.

Well if you think that way, then good! Make those better metaphors and post them here! We need all the dumbed downed explanations of Bitcoin that we can get to reach the masses. We're not even at 2% global usage yet, so we need simple ways to explain it to the other 98+% of the world's population that has yet to try to get to know Bitcoin.

So if you're inspired to write a better metaphor than Saylor, then do it and post it. Hopefully it is better and it helps new people coming to this sub read a nice simplified explanation on Bitcoin that they can understand. Like a student in a class with a great professor who can help analogies foreign subjects to them in a way that they can relate to, and attain a comprehensive grip on the subject, making it so they have a place to start on their journey to eventually learn more.

submitted by /u/ThrowAwaydntopnddins
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BISQ a decentralised exchange for buying and selling bitcoin. NO KYC

BISQ a decentralised exchange for buying and selling bitcoin. NO KYC submitted by /u/iammasvidal
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Only 1% of the world owns Crypto, it is silly to say we aren't early.

submitted by /u/Plastic_Log_2470
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source https://www.reddit.com/r/btc/comments/rws4mb/only_1_of_the_world_owns_crypto_it_is_silly_to/

BTC mining: Internet Blackout Reported in Kazakhstan Amid Escalating Anti-Government Protests

BTC mining: Internet Blackout Reported in Kazakhstan Amid Escalating Anti-Government Protests submitted by /u/poomata
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Blockfi vs Celsius vs Crypto.com - 2022 Comparison

Blockfi vs Celsius vs Crypto.com - 2022 Comparison submitted by /u/Ribtin
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source https://www.reddit.com/r/btc/comments/rwug00/blockfi_vs_celsius_vs_cryptocom_2022_comparison/

“ Internet has been down in Kazahstan for a few hours where roughly 18% if Bitcoin's hashrate is. Looks like the impact on the hashrate is so far 12% drop just in the last few hours since internet went down.”

“ Internet has been down in Kazahstan for a few hours where roughly 18% if Bitcoin's hashrate is. Looks like the impact on the hashrate is so far 12% drop just in the last few hours since internet went down.” submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/rwten4/internet_has_been_down_in_kazahstan_for_a_few/