Q&A – SUPER SIMPLE BITCOIN EXPLANATION. DEBT. INFLATION. PURCHASING POWER (DIP)
When explaining WHAT and WHY of Bitcoin to your friends and family, it can get very nuanced. I’m going to see my brother and old friends in Las Vegas this week for RARE EVO and I wanted to trim down how I explained BITCOIN.
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23 Comments
They Don't Like Self Custody
where were you a medic?🚑
I hope to see you at EVO!
Well that didn't age well.. seems we are looking at a pair of intangible dumbasses 😂
HUGE bugs are right now going on with the By-bit DEX
I just put a vid to show this, it almost sends you x8 times more
American debt can always be paid by the black blood of the brown people.
Toyota Sienna is the lambo of minivans
3:50 6 years ago BTC was $6k and 6TPS today it is $60k and still 6TPS 😂
Bitcoin Cash is the Dark Horse in this race fellaz. 1 MB blocks was for 2008 computers.
👌👌👌
‘Bask in 🌤️ the highs, drink 🍻 up the lows’
Bitcoin and Litecoin 🐬 halving supply shock effect on its way, summertime rally could soon be in play.
Litecoin now adopted by BBVA bank 🏦 in Turkey and 3rd coin on Fidelity.
Thank you Rob. You would make a great Dr Who with all this time travel…
It's
Fix
It
Again
Tony
🤌
Two rules to follow: don’t buy during extreme greed. Dont buy anywhere near all time highs.
DIP is nice to understand why the monetary system is in trouble, but on the other side it does not explain where some computer code (BTC) gets value to help us? I know it's gone up (i own some) but why trust that a code retains value?
I can analyze what you said
And I can have a different point of view
If friends and family don't have btc by now they should be poor and struggling….we need to quit waisting time trying to save the unsaveable
My 3 bdr. 2 car garage house cost me 90000 in 2000….
The mnemonic word list is just an IQ meme test 😂 they "released" the (already public by nature) 2048 words is the same as saying you can crack the loto because you know all the numbers 😂 still 2048¹² or ²⁴ chances.
Passphrases don't add possibilities, it only rehash your current seed. Passphrase can be only 1 character, or all the way up to 100 something. At the end, the max total possibilities remains 256 bit (2²⁵⁶) = 1.157E+77 regardless. Bip39 only help make this easier to read for humans. One way to add possibilities is multisig contracts. Then, you are multiplying the required 2²⁵⁶ signatures.
Baller. Ha
🩸👃🏻 ❔
Thank you! I have a quick off-topic question: I’ve got some USDT in my SafePal wallet and the seed phrase for it (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How do I transfer the funds to Binance?
Rob I love your channel and the info you provide. But you need to do more research on the Tangem wallet. There are numerous videos and articles describing why it is very vulnerable. I bought one (and liked it a lot for its ease of use) and two for my sons but have since moved most everything off of it. If you’re serious about cold storage you need to go with a true air-gapped wallet. No USB, Bluetooth or NFC connection to a PC or phone. And BTC should be held in a BTC only wallet.
Baller on a Budget!!! 😂😂😂❤