Half the planet is aiming for a retirement in Vietnam or the Philippines,  and they're creating bitcoin visas so relax. Like depending where you live its different, if you're in Thailand or something your number is probably lower but you have fewer options to raise that capital and fewer places to go. If you're a brit or American, and live in a high cost area huge incentive to liquidate and go to philippines. Almost no single family homes (except way way way in the backwoods) rent to own agreements like a condo in the Philippines right now and of course townhomes and all the other kinds of diversity of homes. I wonder why philippinos buy gambling token, Philippinos can go to a pawn shop with gold and if they pay the money back they get the gold back. The gold has to be jewelry, it can not be coin.

Crippling gambling problem and you're a hair away from finding yourself back to pickup games behind dumpsters and pots full of favours and dimes.

Keep any conspiracy theories, misinformation, and other verifiable nonsense elsewhere. No one cares that you think the vax is out to get you.

We will not tolerate anyone redirecting users from casinos or exercise harmful wallet practices. It's fine if you say what you use. Don't ever suggest it's a good idea, or otherwise create a situation where some new user looking on could follow in your mistaken footsteps.

I'm not talking about any of that Alex jones shit, but Ukraine is huge money laundering front for all kinds of shit that is being used to ultimately weaken Russia. Ukraine isn't even as sovereign as the US makes it seem. The big difference of course is that one country fights for its existence, the other is an aggressor trying to throw it's weight around and genocide a people it doesn't see as existing. Fortunately their government and military is so hopelessly corrupt and incompetent they haven't made any progress. Ukraine is not faultless no, but imo it's more forgivable. You get countless people citing UN reports and quotes, but selectively reading them and ignoring everything accusing ukraine of any war crimes or anything else. Right now a post is on the front page of reddit condemning russia for banning males from leaving the country, well thank for Bitcoin because Ukraine has been violating that human right for the entire war and Bitcoin has been the thing saving lives. US military under obama funded a nazi battalion in like 2013 in ukraine and continued to do so. They've been encroaching on russia border as well thats why putin finally invaded ukraine because these psychopaths do not stop trying to assert their dominance.

The only way Ukraine survives, Palestine survives, is if it's people and cultures survive. That can't happen when the entire populations are being chewed up by war or genocide, their money and assets taken away from them, and they are hunted and prosecuted in their own homes and streets. Bitcoin is an escape from dire contexts, a way to have money and resources as you flee.

Some call you lucky, when they ask how much I tell them "not enough". But over the years I have managed to orange pill a few and that makes it worth it and if we're lucky all this recent drama will spill over and wake people up.

Gambling luck is rarely a 100% unless you know how to rig the machines. Even you do it might get caught on the very next attempt. Humans believe they are lucky knowing about the rugs wont help when you believe you will win. It's not a motorboat accident that your chance of survival is 100%. Consider this, you are the city most richest dude and made your fortunes from markets and none from the business, people will consider it lucky because it wont help them in anyways. You take vacation and leave the small businesses look for business and just fancy cars, clothes, mansions etc. People want to look onto someone to lead them into a good life and not someone who is selfish and fully biased. Most aren't so lucky, they dabble in trying to time games and lose to experienced players .They make a few lucky people richer sometimes, but mostly they make a few scammers a lot richer and a bunch of people much poorer.


If you're smart then 10% of the rich population then you can make billions, if not then your have to live your life like the rest. Isolation and solitary life if for the prisoners. Human wants to socialise more than those who seek solace in a peaceful life after death. Making a lot of money and showing people their unjust nature is a retarded approach and these people should be isolated from the rest of the society. Let them live in the island that they purchased.

Bitcoin is more than an inflation hedge. it's a native currency. it's my programmable money, it's a state machine, trust and middleman eliminating source of function. Border hopping self sovereign payments system. I understand the obvious risks of putting all my eggs in one basket, but I genuinely believe in Bitcoin's potential at taking the spotlight as a global reserve currency.

Here are some points I want to consider and discuss:

Long term Vision: I see Bitcoin as not just a speculative asset, but as a serious contender for a global reserve currency. With its decentralized nature, finite supply, and increasing adoption, it seems poised to play a significant role in the global financial system.

Diversification Risks: Diversification is a well established principle in traditional investing, Bitcoin's unique characteristics might justify a concentrated investment. The growing institutional interest and regulatory developments could mitigate some risks.

Use Case Potential: Bitcoin offers an alternative to traditional banking systems, particularly in regions with unstable currencies or restrictive financial systems. Its potential for financial inclusion and sovereignty is unmatched.

Market Sentiment: With the increasing volatility and uncertainties in traditional markets, Bitcoin's appeal as a hedge against inflation and systemic risks seems stronger than ever.

Some enthusiasts and analysts believe that Bitcoin's limited supply, combined with increasing demand as it becomes more widely adopted as a digital store of value and a hedge against inflation, could drive its price significantly higher. Projections in these scenarios can range from hundreds of thousands to even millions of dollars per Bitcoin, based on models like stock-to-flow ratios or comparisons with global assets such as gold.

Bitcoin is the protocol and payments network that transacts bitcoin.

A public ledger records all bitcoin transactions and copies are held on servers around the world. Anyone with a spare computer can set up one of these servers, known as a node. Consensus on who owns which coins is reached cryptographically across these nodes rather than relying on a central source of trust like a bank.

Every transaction is publicly broadcast to the network and shared from node to node. Every ten minutes or so these transactions are collected together by miners into a group called a block and added permanently to the blockchain. This is the definitive account book of bitcoin.
A bitcoin transaction is a set of inputs and outputs. Each time you receive bitcoin you create one or more inputs. Each time you send you create one or more outputs by combining your inputs.  Kind of like when you combine or break up bills and receive change at the till. This creates a tree of inputs and outputs and their relationships all the way back to all the transactionally related coins initial creation when they were mined.

Bitcoin operates on a fee market, and not being centralised like your "other cyrptocurrencies" every user ends up verifying all data yo ever have passed through Bitcoin. So we keep the amount that can pass through Bitcoin, it's bandwidth if you will, small enough to maintain our decentralisation so anyone can see and verify Bitcoin. You can make them go through by increasing their fees, the most common method to do so being a feature called RBF.

Going to financial war with your own country in the name of saving it from itself is a major thing when talking about Bitcoins power to hold government to account - but that doesn't mean government won't fight back. Early Bitcoin gave power to regular people pre-ASIC, I think we need to bring some of that back if it is entirely possible now. When everyone uses bitcoin, there will be a means of measuring Bitcoin's buying power. there will be times when its better to spend or sell stuff. The backing of bitcoin (computational power) is a little more abstract  and harder to explain than the usd which is backed ultimately by the military. Bitcoin transfers the power from the state to you, because you can just opt out if you feel oppressed.

All centralized systems use less power, and you just illustrated why they don't do anything new or useful. The power backing Bitcoin secures it and is a fundamental part of where Bitcoin gains powers of economic state immutability, it's the cost of people update the state machine that secures it from spam attacks and bad actors who would try to control it - that control bankrupts them. By consuming the power it does, Bitcoin also enables the global subsidization of electricity prices (Norway's mine closures and price increases), enables the capture of emissions (see oil and gas operations generating power and mining Bitcoin instead of flaring the gas), bolsters power grid capacity both cheaper than and with less environmental damage than batteries (Texas), and subsidizes predominantly renewables infrastructure by absorbing dynamic loads (China).

Banks don't print money , government mint does.

What does bank do then?
It borrows the money from Central bank and lends them to customers thereby circulating money.

We're continuing to inflate the money supply like always and this inflation compounds on the last 100 times we've done this same thing but at least the number we have made public is low. Anti debt, there are certainly good and bad debts. But state monopoly of the money supply obfuscates this. If rates which are really just the price of time and future resources are manipulated, then all debts can 'look' like good debts. The “value” of the dollar doesn’t fluctuate it is 1=1. Value is undefined jargon especially when real value can be set accordingly by man. Reckon it’s just part of the game of substitutions imperative to scale interest rates alongside the money supply. Not only is the risk-free rate zero, the cost of capital should be much higher since fixed-supply of money (all things being equal) create deflationary economies due to technology. Since things get cheaper over time, you will need a higher rate of return to justify lending money out vs today’s system where you’re forced to invest to preserve the purchasing power. It’s actually not important that the base layer is used by 8 billion self-sovereign people, it’s only important that it’s possible and that the sovereign states play by the same rules as their sovereign citizens. There is immense benefit for taking the money printer out of the government’s hands. The consensus will always be managed by the minority like all revolutions.

Many learn and stay, but many others learn and go. But we form a pretty tight knit bitcoin family we're glad to have you part of. It's like seeing your Kintergarden buddies at Christmas when everyone comes back for the bull markets. Why on earth would you sell it in hypotethical scenario of 2035 where Bitcoin market cap has passed gold and is in tens of trillions of dollars. Volatility has therefore disappeared in most extreme ways. Banks and institutions are allowing you to borrow against your positions in Bitcoin ETFs etc.

Why on earth would you sell scarcest asset in the planet where fiat debasement is infinite? Bitcoin is your family's future in this scenario.

Basically, to me, only logical way to benefit from your Bitcoin would be to move example 25% of your total stack to Bitcoin ETF. Then borrow against that and not the whole stack at most 8-10%; Other would recommend 18-20%, lesser the better. Obviously this is just a scenario, but trying to lay down my thinking.

You will always have the self responsibility of managing a secret. Where the third party is reducing your risk using Bitcoin and you never have to touch it directly except in instances of fraud and failure prevention. Let's make those structures more accessible. But if you don't want to take some responsibility BITCOIN IS NOT FOR YOU. These ETF's - especially the ones backed by casinos - are going to make people rich. If nothing else that will create some incentives.

Gambling is made for pleasure. Gamblers drink while playing. Tables are surrounded by performers from all over the world. In the view of it, losing your foresightedness is easy. So gamble with fixed number of people and mostly private.

More risk, parallel yet lower returns then just owning btc, less you then gambling on some leveraged product producing a yield, multiple with leverage, leaving the client to carry the risk, but they are happy to split the profits. Imagine defending letting a chain of counterparties hold your money in a shitcoin custodian while they leverage gamble with it. You can win by using these services, yeah you have a chance, but a much greater chance of loss, its gambling, and as a new user you most certainly going to lose, with all the traps, scams and tricks stick to the basics, dca, build a stack, and dont get overwhelmed with FUD and FOMO.

These companies creating the same gambled pooled resource single point of failure bullshit that collapses markets through greed and mismanagement we've seen countless times before. Its the one's that win the bet and then place an equally insane bet with the winnings immediately after that just need to download a gambling app with free coins. So is the issue fundamentally these exchanges we’re giving receipts of bitcoin, taking the money and gambling jt and then now reinvested it in bad spots, can’t redeem enough. I really don't think the float test is to the precision specified by gambling dice manufacturers and casinos, which uses balancing calipers and an electronic micrometer at the casino side for verification and nanogram measurements at the factory.

Gambling money is non traceable. You can many many fortunes and don't tell anybody. Particularly those that can buy 2 kilo of tokens gold every week.

Gambling is better than trading. Gambling is a thrill and probability is less. Trading is a win and doesn't involve much thrill. Some people compare gambling with leveraged trading. Leverage is easy and gaming the mind. An academician will always be better in trading than the rest of the players.

Has anyone else noticed a strong correlation, between the tendency to want to jump on things like "futures" and derivatives and shitcoins swapping and pump and dump stuff, and just morally bankrupt people looking for a shortcut to everything in life with no risk?

Like, you risk your future to put  a ton of money into bitcoin and you go up and down and in the end you did right... or you sacrifice your spending money and do what you can at a lesser level but, just go forward step by step.

OR

You wanna jump on something going to the moon and bail out before it take everyone, you wanna maximize money returns in fiat FOR THE SAKE OF CONVERTING BACK TO FIAT. You wanna make a gain at the expense of someone else loss and do it with minimal input so minimal personal exposure risk.

Its like a "type" of person tends to lean to one path and another type leans the other way, and its fairly (but not universally) consistent. Altcoins are going to poison the strategic reserve causing public outcry against crypto in general due to shitcoin manipulation and losses which will in turn damage BTC’s reputation probably collapsing the entire reserve plan in the short term hurting BTC gains and starting the bear market. General market sentiments in terms of how comfortable people feel with investing their money will exist for an indefinite period of time, and that behaviour can certainly lead to bubbles. I just think there are diminishing losses and diminishing gains as the masses become more aware of Bitcoin and as the price rises. I think people saying to "buy before a major event and sell 18 months later" will be wrong eventually, although I know many people that said the same thing I'm saying now 4 years ago.

Look into company's finances their a 200 million dollar company that loses millions of dolalrs every single year and doesn't make profit, with 40 billion in debt, leveraging all their shareholders cash into degen gambling you're being a clown. Bitcoin will improve financial responsibility in fiat and traditional finance because it will act as a catalyst for failure via its uncensorable escape ramp. There is zero point in having a blockchain other than bitcoin. A blockchain is a solution looking for a problem. an unscalable mess that solves absolutely nothing. If you want federated systems we have them, we call them legacy finance. KYC also allows you to 'cooperate' with your government, shows that your finances are legitimate and above board, and allows you to finance things in their fiat world. Although I do understand the crypto anarchist view of "F the government, give me completely separate rails on Bitcoin".

Watching people in another forum trying to rationalize why bitcoin is increasing in price despite "punishing crypto regulations" is rather revealing. Don't wanna break the rules - is there a pricetalk or industry or finance related area you guys go to discuss all this?
Some fascinating events happening recently somewhat related to Bitcoin.

Heres the rule for life
if you can afford to light it on fire, and it doesnt hurt you to spend it, then its safe to sink it in btc... in which case this is an awesome time to buy,

if you are risking your stability to make a small purchase, is not worth it. it never is. put 5 bucks aside, work harder, and get in when you can.

Dont sell at a loss like penny stock retards. if you dont need it to eat or pay a mortgage, just let it sit. HODL....

Dont buy if you cant afford to lose it.

If you can afford to lose it and feel like its a risk you want to take, sink it in and welcome to the team!

The finance employees generally get bitcoin because they see it's superior to the status quo.  But the shareholders are what's keeping them from jumping in.  But I feel the tides are turning, corporate shareholders are starting to realize bitcoin is the supreme currency.

Strategy is the world's first and largest Bitcoin Treasury Company. We are a publicly traded company that has adopted Bitcoin as our primary treasury reserve asset. By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate Bitcoin and advocate for its role as digital capital. Our treasury strategy is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. Curious how many people here actually own a full Bitcoin and what would be a realistic way to DCA/trade/finance to accumulate a full bitcoin at today's prices. Macro finance but after a while it gets too complicated to link with asset prices on a daily basis. But I plan to know enough to build quantitative models around them.

Many people take on credit to start a business or use as a down payment for a house. Governments take on a lot of debt to finance social welfare and other important programs. Now I can’t get into the AI revolution because these same people hoard all the GPU compute. So I’m spending most of my energy on Bitcoin and Quantitative global macro finance. I work in finance so pensions and stocks made sense, and BTC/Blockchain is still a lot over my head, but I know that fiat currencies are fundamentally broken and don't represent economic energy anymore, so gonna see if I can build up to 0.1 BTC over the next year or so.

To better summarize:

1) Artificial Intelligence. But most of the compute power and data sets are hard to accumulate and big tech companies hoard almost everything making it hard to build good AI models on a small budget.

2) Space Exploration. I’m not rich enough nor am I talented enough to be a rocket engineer, so let’s move on.


3) Bitcoin. I just know it will change the world order as we know it. And if good solutions can be built on top of it to improve it further, what we have is something truly revolutionary and groundbreaking. Even without the build feature, Bitcoin is revolutionary, but with many many good L2 solutions, Bitcoin will last till the end of the human race, and will change the world order.

Bitcoin is the only thing I can be involved in on a small budget.

This association of AI and bitcoin is a kiss of death. Humanity can't even agree on what intelligence is. And now we have narrative around artificial general intelligence. People don't know what they are babbling about. It's just words sounding cool. We've become totally autistic. Furthermore functionally meaningful quantum computers, much like General Artificial Intelligence and Cold Fusion, are much further off than pop science garbage news would lead one to believe somewhere, there's an artificial intelligence that's harvesting this chat's messages and compiling them into a Bitcoin Sentiment tracker, effectively cracking the code.
People pouring their money into the AI revolution I think will get burned. Many initial pioneer btc investors got burned - though you could clearly argue not by Btc itself but simply by their own mistakes in how they utilized BTC.

It's because of a harmful culture that has developed around gambling on buzzwords, companies and lies that extends all the way through the wall street bets phenomena to "crypto" as they are calling it - and bitcoin is caught in the middle. People to do things that harm themselves like borrow and gamble and remortgage their homes. Gambling jt and then now reinvested it in bad spots, can’t redeem enough bitcoin so price falls. Fundamentally these exchanges we are giving receipts of bitcoin. Sometimes, you just need to download a gambling app that doesn't use real money. People could make runs on them while they gamble.


Bitcoiners can do to protect Bitcoin:

- Choose P2P exchanges and support bitcoiners - instead of large faceless corporations whose priority is profit and will happily support shitcoins (which adds counter party risk to any bitcoiner who uses them).

- Choose reputable, secure, OPEN SOURCE signing device cold storage solutions - If you are a Bitcoiner verifiability should always be a priority. We dont assume trust and sub-par solutions like Ledgers should not be advocated for.

- Do not lend your bitcoin to entities that rehypothecate (gamble) your funds and offer leverage positions against BTC. If yield is of interest to you - put your sats to work but running a lightning node and operating channels - supporting the growth and development of the bitcoin stack and earning sats in the process.
-
Run a VERIFIABLE Bitcoin & Lightning Node! Although plug an play solutions look neat - When closed source, they limit your ability to decide important decisions about your nodes operations - These in essence could be used as a bot net with the software developer having full reigns in the decisions about what all node operators using their software support as the network grows and develops.

When you get to talk about it, then you're rich.

If you don't then you are wealthy.

Man yet another friend of mine loses their bitcoin. It’s difficult not to take these as personal failures but man how hard is it to just store your private key!!
Addiction can be of any kind. Gambling addiction is one. When someone is addicted to gambling then its the end of their financial stardom. Sincerity I mean actually wanting to implement a bitcoin policy that makes sense and is handled properly, for the good of the citizens. Good to believe in bitcoin's value proposition but to want to seize it all and use it only for international trade and keep your nation on fiat internally. You arbitrarily define Bitcoin. You can make it whatever you want. But a network of 1 is useless. You need to convince everyone else your code is the best code. A node enforces their definitions of what Bitcoin is by verifying and validating each transaction and block.

Keep your own wallet. Don't allow any exchange to hold your bitcoin. Exchanges have been known to be "hacked" and "lose" everyone's bitcoins. I also disagree u can’t be early when bitcoin is the top6 biggest market cap asset in the entire planet and large corps and governments are buying it. My approach would be backing up at the Bitcoin protocol level, not the file system level. Sounds like a security exposure to me. Bitcoin. Right now, if you were to create such a thesis say, it would do nothing but contribute to the pile of junk science in this topic. Stay here with us for a few months.

If they don't believe stableshitcoins are fractionally reserved, remind them that stableshitcoin #1 was found to be backed by shitcoin gambling to the tune of 74% of its value the last time it was audited. I'm honestly very hopeful some of these etf's crash and burn and dampen this gambling strategy where they don't hold any of their own coins. where they get on stages at conferences and call people advocating for holding their own coins "naive maxis"

Gambling should be fully professional or partly hobby. Many gamblers know they could lose 50% it all before entering the casino.

Like suspicious not like I think rich people are conspiring against us, but I wouldn’t be surprised if there’s someone on the Reddit staff who just hates bitcoin or something. I really think something keeps happening and it’s unusual. Or maybe this is just a new development of Reddit and all types of Redditors are having this problem. I think it's interesting the Bitcoin dominance ratio didn't react to the tweet. While it is just a "rumor", seems like Brian Armstrong is about the most credible person a rumour like this could come from. I think bitcoiners who believe shitcoins will go to 0 upon an SEC ruling will be disappointed, IMO. I agree. But I would say marketcap in shitcoin land can be easily gamed, and it wouldn't surprise me in the future to see such an event happen.

I print 1 trillion tokens, sell you one for $1, boom, I just flipped bitcoin in market cap. My project is worth 1 trillion. Interesting. Their conclusion about Bitcoins disconnect with the macroeconomic news though correct, lacks reason because theyre only thinking of Bitcoin as a speculative asset with 'no intrinsic value'. They fail to see its true value as a nascent technology, which provides the foundational characteristic to allow Bitcoin (the asset)'s price to emerge.Man yet another friend of mine loses their bitcoin. It’s difficult not to take these as personal failures but man how hard is it to just store your private key!!


Winners win and losers lose. And sometimes you make a living out of it.

13 years of history, two mainstream attention market cycles, two countries adoption as legal tender, and there are still people who think this is a temporary fad? One day they'll wake up and wonder why Bitcoin just won't go away. Greenpeace refuses to change the code for themselves, run the code for themselves, use the code and bitcoin for themselves. Bitcoin can't be currency", with someone who all it talked was about truth and never tried to get the point of the Bolivar losing 90% of its value in a day.

"Gensler has previously said he regards Bitcoin as a commodity, which functions under a proof-of-work (PoW) protocol that would place it outside the jurisdiction of the SEC, but did not extend that definition to any other cryptocurrency. "

The influence El Salvador will wield if they become wildly successful as progenitors of the national bitcoin adoption experiment, throwing off the yoke of the IMF, and wielding their new diversification and investment capacity will be significant, possibly outpacing the norwegians for the largest sovereign wealth fund in the world and elevating quality of life in el salvador immeasurably. The best case scenario for this bet working out is, like, night and day difference for this generations children in that country. Depends on your reasons for owning it i guess. Mine is a few reasons but the persistent closing in reality of a cbdc and even if bitcoin was 0 in fiat terms, i could still transact with other bitcoiners. Thats somewhat comforting.

Many companies are starting a bitcoin treasury.  They're following the example of Saylor - they understand the most valuable asset is bitcoin and their shareholders are encouraging them to keep buying. It's easy now that bitcoin has mainstream approval.  When Saylor started buying bitcoin for his company he got a lot of backlash.  Even when the price dipped he still kept buying.  Now it seems easy, but the path was not easy to get here.

While we recognize that this view isn't held universally by all users and developers, it is our sincere belief that it is in the best interest of Bitcoin and its users, and hope our users agree. We will continue to apply our best judgment as developers in aligning transaction acceptance rules with Bitcoin's long-term health and miners' rational self-interest, including for specific technical reasons such as upgrade safety, efficient block building, and node DoS attacks.


The game Monopoly sold for $2 in 1935. In the box, you get monopoly money. That original stack of monopoly money from 1935 is worth $50 today as a collectors item. Monopoly money literally stores value better than the US Dollar. Such is the unforgiving nature of scarcity.

Furthermore, that 1935 dollar was a silver certificate. I have one at home. On the bill these words are printed:

"One dollar in silver payable to the bearer on demand."

Those words are a lie. They've been a lie for nearly 60 years. This is the government we're supposed to put our monetary trust in? No thanks, I think I'll go with the laws of the universe on this one.

Buy Bitcoin.

This is the same shit that happened in the blocksize wars, really stupid people not understanding development and technical issues. It led to those people fucking themselves so be wary. Also in the blocksize wars and now - floods of misinformation and fear mongering from core proponents. USAFs are the devil, you will be forked off, your Bitcoin will be vulnerable etc. Bitcoin culture gets corrupted. Retards like this making videos about topics they passionately misunderstand.
Its just the classic buy borrow die financial strat repackaged for Bitcoiner holders. The idea is that you hold onto the appreciating asset, borrow against it and pay back the inflating currency - maintaining your exposure to the appreciation of BTC. There are potentially some tax advantages to this also, since in many jurisdictions Bitcoin is considered a capital gains asset (Taxable when sold).

Bitcoin is already spam resistant. The issue lately with core and inscriptions is telling node runners what policy will be. My basic understanding is that bitcoin runs in cycles. And historically it outperformed every asset class like the S&P 500 and even real estate. If you're someone who has a few hundred bitcoin trying to manage taxes pledging 5% of your stack as collateral, sure. if you're new to bitcoin, just ignore bitcoin loans altogether and thank me later.


And there are two main ways to look at it:

1) Using 0% corpo bonds to start a speculative attack against the dollar like happend similar to the most well-known speculative attack was against the pound occurred on September 16, 1992, known as Black Wednesday.

or

2) Using unwitting investors funds to multiply his corporate leverage, taking advantage of investors that either cant get corpo debt or buy bitcoin directly, leaving them with third party risk, a majority of the downside risk, for a small share of profits while he keeps the rest.

Bitcoin is like the final boss of money. No cap, it’s decentralized, untouchable, and built different. While fiat’s out here inflating like your ex’s ego, Bitcoin’s just vibing on the blockchain, securing the bag for the next gen. Get in or get left in the dust.

Bitcoin is considered risk on and gold is considered risk off. The future bitcoin will be considered risk off in the same manor gold is.
Bitcoin becomes more mainstream and more people adopt to bitcoin the price will eventually stabilize but also the price will follow the stock market. Basically but most people would not have the conviction on holding this much in btc or understand self custody. Self custody is the battle i have with anyone buying bitcoin and its the hardest hurdle to help anyone get over. Bitcoin is no different to buying bitcoin instead of paying down debt.  The end result in both cases is you have debt.  It's just the psychology of it is different. In fact consider p2p options as your first go to since your just starting out, this way you can be very private with your bitcoin holdings from the start. All this bitcoin being custodianed by US is going to eventually be a very tempting honey pot for some future US gov to come and seize in the name of whatever. I'm seeing that it's been in bitcoin since inception when trying to look up history. though mastering bitcoin did actually give a reason why it may not actually be a bug, but rather, room for a future feature that never got implemented and now can't be removed. Someone who has independently made a footprint on the blockchain is a Bitcoiner to me.

If you want to really understand the cryptographic elements behind bitcoin you could go deeper into elliptic curve cryptography.