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Son: Dad, I should have paid more attention to Bitcoin in the beginning and I should have bought more. Dad: Son, don't blame your past. Be grateful for what it taught you. I could say the same... Now I am just glad I changed my mind on Bitcoin and saved my savings. #Bitcoin
Dad: Son, the fiat rat race has ruined the lives of more families than alcohol. Son: Hi Dad, Bitcoin fixes this. #Bitcoin
Son: Dad, sell those dollars. Dad: Son, and what should I buy with it? Son: Buy bitcoin Dad: Buy bitcoin, bye Dollar. #Bitcoin
Dad: Son, who is the best Bitcoin custodian? Son: Hi Dad, The most qualified bitcoin custodian is you. Dad: Son, this is highly debatable. Son: Think about it. No one is as incentivized to protect your bitcoin, your privacy and yourself as you are. #Bitcoin
Dad: Son, on a scale from 1 to 100,000,000 how satisfied is a bitcoin? Son: Hilarious, Dad. #Bitcoin
Dad: Son, what does "BITCOIN" mean? Son: Hi Dad, It's a name. Dad: No, son, it is an acronym. BITCOIN - Brilliant Innovative Technology Creates Opportunities Involving Numbers #Bitcoin
Dad: Son, how does the longest chain propagation take place in Bitcoin? Son: Wow, Dad, that's an unexpected question... However, A blockchain-fork and chain reorganization can also happen without malicious intent if two miners happen to find a block at the same moment. At that point, the network's nodes are split in opinion what the best chain is, since each node considers the block it first saw to be the correct one. Once another block extends one of the two chain-tips, the network converges on the best chain as the nodes hear about the new block. Dad: Brilliant #Bitcoin
Dad: Son, do not respect the people who do not respect time. Son: Dad, don't respect the people who don't respect bitcoin. Dad: Time is money, as the saying goes. #Bitcoin
Dad: Son, is the Bitcoin price artificially suppressed? One Bitcoin should already be worth many times more, as rare as Bitcoins are. Son: Hi Dad, Yeah, buy as much as possible of the artificially low-cost asset, and move it off the exchange into cold storage. They may be able to delay the death of the dollar, but Bitcoin's settlement properties make this type of attack impossible to win. The question is not "if", but "when". Dad: At the same time, one Bitcoin is already so expensive that it will be impossible for most to own a whole coin. #Bitcoin
Son: Dad, did you know that Bitcoin will take care of you, if you take care of your bitcoin? Dad: Son, no, I did not know that. Son: It's true, Dad. You should take care of your bitcoin. Dad: What is the easiest way to do this? Son: Start simple and improve on the go. - Go off exchange and use a hardware wallet - Secure your seed words in a Cryptosteel Capsule - Test your setup and backups regularly #Bitcoin
We share daily father-son dialogues explaining Bitcoin on Twitter and here on nostr. On Mondays, we send out a recap newsletter with the coolest things Dad has learned during the past week. If you are new to Bitcoin, this will help you get started. If you are already on your journey, this will help you stay up to date, keep away from scams, and avoid the common pitfalls. Our DM is open for your Bitcoin related questions.
