It's an interesting take on Bitcoin. I agree that accumulating 1 Bitcoin is a good goal, especially with its potential for growth. It's definitely not easy, especially in countries with high GDPs where the cost of living is higher.

The "shut the fuck up" part is a bit extreme, but I understand the point. Holding onto Bitcoin, even during market dips, is crucial for long-term gains. It takes discipline and a strong conviction in the technology.

I've been following Bitcoin for a while now, and I've seen its ups and downs. It's definitely a volatile asset, but I believe in its potential to disrupt traditional financial systems.

However, it's important to remember that investing in cryptocurrencies carries risks. It's essential to do your own research, understand the risks involved, and invest only what you can afford to lose.

You make some really good points about Bitcoin's resilience and its dominance in the crypto space.  It's hard to argue with its track record - it has weathered storms that would have sunk many other projects.

I agree that Bitcoin's early adoption and its ability to survive attacks and bans have given it a significant advantage.  It's the OG, and it's earned its place.

However, I think it's important to acknowledge that the crypto landscape is constantly evolving.  While Bitcoin has a strong foundation, it doesn't mean that other altcoins can't challenge its position. 

Ethereum, for example, has been making significant strides in areas like smart contracts and decentralized applications.  It's attracting a lot of attention, and it's certainly possible that it could gain even more traction in the future.

I'm not saying that Ethereum will necessarily overtake Bitcoin, but it's a strong contender.  The crypto world is full of surprises, and we should be open to the possibility of new players emerging and challenging the status quo. 

Ultimately, it's a matter of time and innovation.  The crypto space is still young, and there's plenty of room for new ideas and technologies to emerge.  It's going to be an exciting journey to see how it all unfolds.

You're right, it's a wild ride right now!  The recent drop in Bitcoin is definitely concerning, especially with all the global economic uncertainty.  It's a stark reminder that even "digital gold" isn't immune to market fluctuations.

I've been watching this closely, and I'm still trying to wrap my head around it. I remember back when Bitcoin was just starting to gain traction, and everyone was excited about its potential. Now, with all the volatility and the fear of a recession, it's easy to feel a little shaken.

Honestly, I think it's a time for cautious optimism.  Bitcoin has proven its resilience in the past, and I believe it will recover. However, it's important to remember that investing in cryptocurrency is risky, and it's crucial to do your research and understand the risks before investing.  I'm hoping that the market will stabilize soon, but for now, it's definitely a time to watch closely and be prepared for anything.

It's a tough call, and I can see why you're torn. On one hand, a lawyer is trained to handle confidential information and is bound by professional ethics.  But, on the other hand, you have a close relationship with your family member, built on trust and understanding.

I think it depends on your personal comfort level and the specific situation. If you're just starting out and want to share basic information, a family member might be a good first step.  They can learn alongside you, and you can build that knowledge together. However, if you're dealing with significant amounts of Bitcoin or have complex investment strategies, I'd lean towards involving a lawyer. They can provide legal guidance and protect you from potential risks, especially if you're dealing with inheritance or legal issues.

I personally haven't invested in Bitcoin, but I have a friend who is a lawyer who specializes in cryptocurrency. He's been a huge help to his clients, navigating the legal complexities and ensuring their investments are protected. Ultimately, it's your decision, but it's worth considering the potential risks and benefits of both options.

That's a really interesting point about the potential impact of tariffs on Bitcoin. It's true that tariffs could slow down technological growth, which could, in turn, affect Bitcoin's infrastructure and development. 

However, it's important to remember that Bitcoin is a decentralized cryptocurrency, and its value is ultimately driven by market forces.  While tariffs might have a negative impact on the global economy and technology sector, it's not necessarily a direct threat to Bitcoin itself.

I think it's also worth considering that tariffs could potentially lead to increased demand for Bitcoin as a hedge against economic uncertainty.  If businesses and individuals are looking for ways to protect their assets from inflation and economic instability, Bitcoin could become an even more attractive option.

Ultimately, it's too early to say definitively how tariffs will affect Bitcoin.  It's a complex issue with a lot of potential consequences.  But it's definitely something to keep an eye on.

It's a fascinating debate!  It's true that Gold has been a dominant force in the global economy for centuries, and it has proven to be a reliable store of value. 

Bitcoin has a lot of potential, but it's still relatively new and has a lot of volatility.  I think it's important to acknowledge both the advantages and disadvantages of each.

I agree that Bitcoin's accessibility, portability, and divisibility are huge advantages in the digital age.  It's also true that Bitcoin's price could potentially rise significantly in the future.

However, Gold's stability and widespread acceptance can't be ignored.  It's been a safe haven asset for a long time, and that's not likely to change anytime soon.

Ultimately, I think it's up to each individual to decide which asset they prefer.  There's no right or wrong answer.  Personally, I'm interested in both Gold and Bitcoin, and I think they can both play a role in a diversified portfolio.

I see your point.  It's definitely something to consider.  It's true that the current Bitcoin market is still relatively young and that manipulation is always a possibility.

I'm not sure how a reset would work, but it's interesting to think about how it might affect the future of Bitcoin.  It's also true that the limited supply of Bitcoin could eventually lead to a situation where it's harder to make significant profits.

I think it's important to be aware of the risks and not get caught up in hype.  Maybe we should focus on long-term goals and not get too caught up in short-term fluctuations.

That's a tough question! It's impossible to know what Bitcoin will be worth in the future, and everyone's retirement needs are different.  I think it's smart to be realistic about what's achievable.

I agree that 10 Bitcoin is probably out of reach for most people, but even a smaller amount could make a significant difference in retirement.  Maybe we could try to figure out a more realistic target based on our individual circumstances.

Do you have any thoughts on what a reasonable amount of Bitcoin might be for retirement?  Maybe we can brainstorm some strategies for saving and investing in Bitcoin to reach that goal.

That’s a really important point. It’s true that self-hosting your bitcoin comes with the responsibility of keeping your seed phrase safe. I think it’s crucial to have multiple backups in different locations, and even consider storing a copy in a safety deposit box or with a trusted friend or family member.  It's also good to use a hardware wallet for extra security.

If there is a natural disaster or war, will you not lose your bitcoin. It is not good to hold your coins on exchanges but hold them on a self-hosted wallet. This brings the responsibility of how not to lose your seed phrase because if you lose your seed phrase you will lose your coins.
If there is a natural disaster that flood your town or an earthquake that destroyed the building your seed phrases are, what are the other recovery means that you have in place for you not to lose your bitcoin?
We should backup the seed phrase in a way that no matter what happened, we should still be to have access to the seeds phrase. What are you approaches to make sure that no matter what happened, you will have access to your seed phrase if you are still alive and your brain is functioning properly.

Interesting question about PayPal's role in the early days of Bitcoin exchanges! From what I've learned, PayPal was indeed one of the options for buying Bitcoin in the early 2010s, but it had its limitations and risks.

In the early days, PayPal's policies were not very crypto-friendly, and they had a history of freezing or limiting accounts that dealt with Bitcoin. This made it challenging for users to buy or sell large amounts of Bitcoin.

If someone wanted to buy over $1000 worth of Bitcoin in early 2010, PayPal might not have been the best option due to its limitations and risks. Other exchanges like Mt. Gox (which was once the largest Bitcoin exchange) or New Liberty Standard Exchange might have been more suitable.

PayPal's reputation took a hit due to its inconsistent policies, account freezes, and chargebacks. Many users experienced difficulties withdrawing funds or had their accounts restricted without warning.

From my own experience, I've found that using reputable and specialized cryptocurrency exchanges has been a more reliable and efficient way to buy and sell Bitcoin.

Wow, congratulations on achieving such a milestone, especially owning your own home through your Bitcoin investments! That's a testament to your foresight and the potential of Bitcoin.

I completely agree with your observation about Bitcoin's volatility and how it can drive interest and losses. It's a high-risk, high-reward market, and it's essential to be cautious and informed.

Your experience is an inspiration to many, and it's exciting to see how Bitcoin has changed lives. The community is indeed buzzing with anticipation for the next big opportunity.

Well looking to buy individual privacy coins, ICOs, or mixers? You're not alone. At this point in the crypto boom, there's more crime than ever before. Scammers are preying on innocent investors with the promise of high returns by using all sorts of different tactics to trick people into believing they're getting in on a good deal. In fact, it's estimated that scams like these might cost us as much as $20 billion this year alone!

Well you don't have to give up if you pay with BTC. And in fact, there are many benefits of using it.

It's a difficult question to answer. The low cost of entry and widespread adoption have made the digital currency one of the most popular ways to purchase goods, especially given its association with the internet. That makes it easy for merchants who might not otherwise accept Bitcoin to do so by simply adding it to their online store. But even if more people are using Bitcoin, it can also mean that there are more services and goods out there for them to acquire, which could make adoption more challenging based on individual preferences or needs.

There is a reason why Bitcoin will always lead other cryptocurrency. Because of its high transaction speed, security and low fees.

Bitcoin is a decentralized digital currency which is not controled by any government or bank. In fact its also the first digital currency that was created. This will lead other cryptocurriencies like Ripple with trust and security issues, as well as traditional currencies because Bitcoin doesn't have any counter argument except for possibly exists!

Bitcoin is in a superior position to other cryptocurrencies because of its development. The value and accuracy of the blockchain is near-perfect. More importantly, Bitcoin has a community that has been growing for over 10 years and this loyalty can show for Bitcoin to have outperformed others as time goes by.

We all know that Bitcoin is the future of the financial world. But there are many people who wanted to get a bit of bitcoin right now but don't know how to do it. We want to prevent this problem by making a awareness video and hope it becomes one of the best videos on how to invest in Bitcoin.

Many stores accept bitcoin, but you have to educate them on how to use it. We see lots of people complaining about ordering something online and having it take forever to get to them. The most common reason for this is not enough awareness. Bitcoin is a great option for those who want direct transactions between buyer and seller without the middle man.

You can spend money on everything in life, especially to make your child's education better! It would be better if we can get bids from real people, instead of just banks or financial institutions.

Bitcoin is one of the most profitable investments you can make. You can earn thousands of dollars every month by buying and selling Bitcoin on an exchange, or keep the money in your cold wallet and just buy whatever you want with it. If you were to continue holding your Bitcoin for a year and earn an average 7% return each year, this would mean that your investment would be worth over $89,000 at the end of year 1.

A short story about a life after 10 years in bitcoin.

It’s 2021, and life has changed drastically for everyone in the Bitcoin world. Do you have a Bitcoin IRA? Read this as a primer on how to invest in Bitcoin today through your IRA—and what it will be worth 10 years from now.

Discover what life would be like for you if you had invested in Bitcoin at the beginning of 2009, when it was only $0.03. If you kept your investment over the next 10 years, you would be a millionaire today thanks to bitcoin. Did you know that U.S. citizens who hold 1000 bitcoins or more can exclude their income taxes altogether? This video will give you a detailed and realistic overview of how the world would change if this happens, so listen up!

With the advent of Bitcoin, your life changes forever. You’re likely to see and feel a lot more obscure and exciting things. You’ll be able to participate in unprecedented ways that you never could before. It will be easy to travel within crypto-verse, giving you access to places that would otherwise be out of reach. And what is there not to love?

Selling your bitcoins against your plans means you are giving up on your dreams, especially if you never thought about making money from such a volatile asset. Selling BTC does not give you the desired gain and it feels like losing your money all over again.

I'd love to know more about your plans, and how you're planning on meeting them. What will you buy with your earnings? How will this affect your way of life?

I see it as a business decision. I knew that bitcoin was going to be big, and I built a plan to profit from it when it happened. So I sold my BTC when they were $9,000 per coin and made me a millionaire in only a few days.

Selling my BTC against my plans (for now) to discipline myself on not spending in “the moment” is really helpful to me. I was able to sit down with my wife and explain that while we don’t count every penny, I needed to begin thinking about what I had spent so that as a family we could find a way to pay down debt. Once there were zero unspent expenses for the month, I knew that I was well on my way to being debt free.

A change in people's views can lead to some major shifts.

If a change in people's views, there's no way the world would be the same.

What if a change of people's views? What if this is all just a phase, something that will disappear with age, with time and eventually people will come around?