Bitcoin

BITCOIN BOOK THE FACTS YOU NEED TO KNOW

Bitcoin Book
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*THIS IS NOT FINANCIAL ADVICE
*LEARNING ABOUT BITCOIN IS YOUR JOB !
*DO YOUR OWN RESEARCH !
@CyberPlayGround  ~ Educatiomal CyberPlayGround®, Inc. 1999

Bottom Line – Bitcoin Fixes Money!

LEARNING ABOUT BITCOIN

There is hope, because Bitcoin.

Bitcoin is digital property, technically superior to all other forms of property. It is demonetizing gold, real estate, bonds, equity, cash, derivatives, & commodities and the solution to the 21st century challenge of economic security & empowerment.

⇒ You can’t kill bitcoin because you can’t kill an idea that has been accepted by 100+ million people around the world.
⇒ It’s better to have a #bitcoin and not need it than need a bitcoin and not have it.
⇒ The mainstream press has declared Bitcoin “dead” at least 500 times over its existence. They’ve been wrong every single time.
⇒ As they say, not your keys, not your cheese.

• Bitcoin is a dependable store of value supported by a robust, public, open-source architecture untethered to sovereign monetary policy.<
• Don’t Trust – Verify!
• MicroStrategy (NOW Strategy) issued the world’s first “bitcoin bond”.
• Bitcoin has become the settlement standard of internet money for the world.
• There are only 21 million bitcoin. There will never be any more made.
• Bitcoin is the separation between State and Currency.
• The more fiat goes into Bitcoin the less there is to fund the military.
• The more nations to use bitcoin the less they will need a World Bank .
• Of course small banks will always be with us but they will no longer be our masters.
• Unlike any other investment, #bitcoin isn’t the path to reach wealth, it is the wealth itself. It’s incessantly absorbing all other asset classes as a ready for use money. Just hodl and enjoy.

What is the Value of Bitcoin?

Money is from the iron age, and the industrial age.
CryptoCurrency is an invention from the Digital Information Age. It took inventing the internet in the 70’s that had no security at all and 40 years of research in cryptography to find a secure way to send money over the internet and protect your privacy.

What is your most precious asset?

BITCOIN BUYS YOUR TIME.
Your real wealth is your time and your freedom, Money is only a tool corresponding to your time. It is a container for storing your economic energy until you are read.

The value of Currency is determined by Energy, time, and labor.
“Bitcoin is programmable money, and @lightning Lightning can help scale it to billions of people across the world.”

CRYPTO LITERACY / TERMINOLOGY

FNO: FROM NOW ON
FUD: FEAR UNCERTAINTY DOUBT
FOMO: FEAR OF MISSING OUT
P2P: PEER TO PEER TRANSACTIONS
HODL: HOLD ON FOR DEAR LIFE

► CONCEPT:
► YOU ARE THE BANK
►YOU ARE SOVEREIGN

FREE FINANCIAL LITERACY EDUCATION FOR ALL

BITCOIN’S ROOTS

The Stories that brought us to why Bitcoin was invented.
ITS ALL ABOUT THE RACKETEERS

THE INFORMATION AGE

THE INFORMATION AGE MEETS DIGITALLY ENGINEERED MONEY

BITCOIN HAS ALREADY WON

• • BTC BITCOIN IS NOT A PHYSICAL COIN – IT IS ONLY DIGITAL INFORMATION / ENERGY
    
  • BITCOIN IS INTERNET NATIVE DIGITAL CURRENCY
  • BTC CANNOT BE CENSORED BY GOVERNMENTS
  • BTC CANNOT BE CONFISCATED BY GOVERNMENTS
  • CURRENCY IS NOT MONEY.
  • MONEY IS LEGAL TENDER PHYSICAL PAPER, AND METAL COINS
  • THERE WILL ONLY BE 21 MILLION BITCOINS
  • BITCOIN IS THE ONLY TRUSTED ASSET THAT’S TRULY LIMITED FOREVER.
  • BTC IS A COMMODITY
    
  • WATCH BITCOIN’S HASH RATE
  • CIVILIANS ACROSS THE GLOBE CONNECT NODES TO PROTECT DECENTRALIZTION
  • BTC IS NOT A BUBBLE IT IS THE PIN
  • EVERY OTHER DIGITAL COIN IS CALLED a CRYPTOCURRENCY
    aka SHIT COINS because they have a Leader and a marketing department.
  • THERE ARE 4 YEAR CYCLES THAT MINERS GO THROUGH
  • THERE ARE INDEPENDENT NODES SET UP BY CITIZENS ALL OVER THE WORLD TO SUPPORT BITCOIN TRANSACTIONS ON THE LIGHTNING NETWORK
  • BTC CAN BE SPENT OR SAVED
  • BTC REWARDS SAVERS THINKING 4 – 10 YEARS OR LONGER
    
  • BTC HAS MADE 200% A YEAR SINCE YEAR ONE
  • BTC IS AN ASSET CLASS
  • YOU CAN LEND BTC OR BORROW AGAINST BTC
  • ALL YOU NEED IS A SMART PHONE
  • YOU CAN KEEP YOUR DIGITAL BTC IN A DIGITAL WALLET ON YOUR PHONE, OR YOUR LAPTOP, OR DESKTOP COMPUTER
    
  • YOU CAN KEEP YOUR DIGITAL BTC IN A PHYSICAL HARDWARE WALLET
  • TAPROOT IS LOCKED IN AND IS THE LARGEST UPDATE TO THE NETWORK IN 4 YEARS!
  • IF YOU WANT TO DECENTRALIZE POWER MATH IS CRITICAL.
  • CRYPTOMINING IS AN INDUSTRY
  • ENTIRE COUNTRIES OWN BITCOIN RIGHT NOW
  • ENTIRE COUNTRIES WILL LEGALIZE BITCOIN AS LEGAL TENDER AND KEEP IT IN THEIR RESERVES.
  • LIGHTNING NETWORK IS A FAST AND CHEAPER FEE BITCOIN LAYER THAT WAS ADDED TO TWITTER.
    Jack Maller can enable @Twitter #Bitcoin/Lightning interoperability with the @ln_strike API.
  • GOOGLE SHOWS BITCOIN AS EL SALVADOR’S CURRENCY
    The first #Bitcoin ETF in Latin America to launch June 23rd! Soon to be trading on the Brazilian stock exchange under the ticker “QBTC11”, the new 100% #bitcoin ETF uses the CME CF BTC Reference Rate.
  • Institutional investors arriving. 2/2021
    A Bitcoin address is not an “account”. One user can control multiple addresses, and one address can hold the funds from multiple users.
    
  • WHALES MOVE MARKETS
  • 2020 About 900 bitcoins are mined a day
  • 2020 China is banning miners who are moving their business out of China to other places in the world and will change the market temporarily as the hash rates will drop, and can cause the price to drop to 25k.

 

BITCOIN DEFIES FINANCIAL CENSORSHIP

1) You own the keys.
2) Not your keys, Not your Bitcoin.
3) No authority can confiscate Bitcoin.

PAYPAL, VISA AND MASTERCARD, can shut your account down cause they don’t like who / where you spend you money.
Payment intermediaries and financial institutions shutter accounts and refuse to process payments for people and organizations when they haven’t been charged with any crime.

Bitcoin cannot be censored

Bitcoin ADVOCATES / PROMOTE human rights, freedom and privacy globally.

Bitcoin really isn’t about making billionaires (although it does) – it is really about reaching the billions who are unbanked across the world.

Access to financial services directly impacts one’s ability to survive and thrive in modern society.

FYI THE DEFINITION OF CRYPTOCURRENCY IS EVERYTHING ELSE THAT IS NOT BITCOIN.

Bitcoin is Freedom from 250 years of- nothing ever gets changed – where gang violence and high crime rates continue because there isn’t any infrastructure they don’t control.

Powell: Fed prepared to use a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost – RTRS

Bitcoin is Art

The Revolution
Will Not be Televised
Will Not be Centralized
It will be Digitized!

 

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