There are lots of crypto scams, but bitcoin is what they should invest in.  I had lunch with two friends who are also developers in March of 2013 (and 2011 and 2012) and urged them to check it out.  I'm still friends with them even though they didn't listen.  Oh well, everyone has to decide things for themselves.

Depending on your location, putting some money in an index ETF type investment and leaving it to compound is a smart way to start.  $100 at birth turns into $100,000 at retirement if you get around 10% per year.  Obviously, in hindsight, putting everything in bitcoin was the way to go, and investing in it now is smart protection from debasement, but there are lots of investments that have done well over time and may continue to do so in the future.

It is what it is.  If the limit wasn't there it wouldn't be bitcoin, it would be an alt and it might as well be the Euro or Dollar or some other infinitely inflatable currency. 

Taproot has been activated since Nov 2021, so it has been around for a while.  Do you have specifics you were referring to?

They aren't mutually exclusive.  Yes, a user friendly interface to bitcoin is good.  As far as zkEVMs and other things like ZKPs in bitcoin they are important too.  Ditto quantum safety.  The people working on bitcoin core don't have to be people working on the user side and probably shouldn't be too much.  What is going on under the hood is the most important part of the puzzle.

So I am not sure who the "we" is he is talking about, but "he" is welcome to do whatever (or fund whatever) he thinks is the most important.  And if he really does think that, what specifically is he doing to remedy the situation?

The thing to remember is that Trump has reasons for the tariffs, notably these and others:
1. Reciprocal free trade so it isn't a one-way street.  For example, Canada had tariffs on US goods such as Milk: 270% Cheese: 245% (TRQ applies), Butter: 298% (TRQ applies); Poultry (e.g., Chicken): 238%) before Trump took office.  If Canada wants free trade, it must be bilateral.  It isn't.
2. Stopping the free flow of fentanyl into the US via Mexico and Canada.
3. Stopping the free flow of people coming over the border illegally from Mexico and Canada.

If Canada (as an example, but it applies to every other country) really believes in free trade and doesn't want tariffs, the solution is easy:  stop the tariffs in the reverse. 

So the point is that if countries don't want tariffs on them, don't impose tariffs on US goods.  It is really quite simple and should be easy for even the most obtuse of people to understand.  And at that point, Trump will respond favorably and that will help the economy everywhere.  The spin that some news organizations puts on it does no one any favors if they want to have a good analysis of the situation.

Hi,
You might consider reading a lot of the messages in the bitcoin dev group in addition to here:
https://groups.google.com/g/bitcoindev

This seems apropos from yesterday about why quantum protections are important to consider now:

In short, while I don't think the 80k bitcoin movement has anything to do with quantum, the fear that something similar could happen in 5, 10, 20, 30 years with huge uncertainty is the issue over time.

I'd be really surprised if someone dumped them - they'd only hurt themselves in the short term.  Given the discussions on the google dev group, this quotation from yesterday seems apropos:


In short, while I don't think it has anything to do with quantum, the fear that something similar could happen in 5, 10, 20, 30 years with huge uncertainty is the issue.

I think time will tell about Runes and Ordinals.  Sometimes they come, then fade and then X years later people decide to bring them back and the original ones are worth a lot. 

The Bitcoin Standard is a good book that talks about this more, but bitcoin does more than provide a (very, very useful) sound money standard, the ability for people in Cyprus 2013 for example to avoid the "haircut" etc is another one.  The ability to avoid censorship (e.g. when Stripe etc cut off Trump - at the time the president and a billionaire!) by people who want to shut down free speech etc.  If it can happen to him, it can happen to anyone.

Why is it impossible to hold that long? 

All these are great suggestions, but the political class and those who want power over others will suffer, and everyone else would be better off.

And 119k now.  The first 1000 took a long time.  The next 9000 did too, now it is up or down $1000 in no time at all.

If you just stay in bitcoin, you don' t need an ID.  As soon as you interact with the legacy fiat system, they want power and control and to do that they want information.
 

Every week we see more and more companies doing this and it will eventually hit the point where it snowballs even more than it has been.

Musk couldn't do that since he can't be elected president since he is not a natural born citizen.  The odds of them winning the presidency barring some insanity is infinitesimal.  The odds of them trying and succeeding in winning a few strategic House or Senate seats is significantly higher however if they do win, they will soon discover that without structural changes back towards founding principles they will be impotent and will only enable the statists to advance against liberty more. 

Certainly a lot of people did sell at various points along the way.  Sometimes procrastinating on selling becomes a good thing. lol

A lot of these places just like to churn out articles with little extra value.

If you include stable coins, perhaps.  Since they are (often) backed by the US dollar it ties up a substantial amount of dollars which takes pressure off it a bit. Otherwise I am not sure how, but BTC certainly has outperformed fiat for the last ~16.5 years. Let alone thinking how badly fiat has for 112 years.

While it is important to plan what would happen to your bitcoin (the only real choice for your scenario) using a centralized exchange is just a bad idea.  If history is any guide it is extremely risky to store them there for any longer period of time.  

Don't do it.