Well, hopefully we get to a day that bitcoin is so easy to use that they won't even need to understand bitcoin and blockchain to be able to use it. Just like how people don't understand the world wide web but they're still able to use it with little to no problems. Hopefully in this lifetime.

I totally get why people are comparing both, as they're indirectly competing in the store-of-value category, but yea, like you said, they can definitely coexist. Both have their own advantages and disadvantages.

It's like asking if would you get good money if you became an artist or if you took a dentistry degree. It really completely depends on you and how good or bad you'll end up being. There are traders that make a living through trading, and at the same time, there are traders that end up losing money(which is mostly the case).

Exactly my thoughts. Makakatipid ka ng, $20-$40 siguro para sa shipping fees, in exchange for what? Potentially counterfeit products? Na ma-aalanganin ung hundreds and thousands of dollars worth of crypto mo? Nope. Though mababa lang ung chance na makakatanggap pa ng effectively-tampered device, it's still not worth risking in my opinion.

Then actually try learning something that would give you a better job, or something that would make you knowledgeable to run your own business. Like what AdolfinWolf said, those altcoin bounties are a waste of time. Even if you could probably earn small amounts of money off it, what else do you actually earn from it? Pretty much nothing. It doesn't help you mentally and it doesn't help you in terms of knowledge at all.

How is withdrawing 1 million BTC an "attack" on bitcoin? It's Satoshi's money. Let him do whatever he wants with his money. He can spend it all on blackjack and hookers and hell do I care how he wants to spend it.

I agree with most of what you said. But I don't think bitcoin is limited as a payment currency, but also as a store of value(as most people think also). Not because Satoshi said it was made for electronic payments it doesn't automatically mean we should only use it solely for that purpose.

Superior for now solely due to gold's price stability. Imagine bitcoin being stable in price in the future, it would be FAR more superior compared to gold. Just the thought of bitcoin being digital whereas you'd have to store a heavy metal on your home or needing to entrust it to someone; that itself makes bitcoin superior in my opinion. And that's just the tip of the iceberg!

It just unfortunately shows how big the number of people here are solely for bounties(most probably more of altcoin bounties) and aren't even to spend a bit of time learning about bitcoin or cryptocurrencies in general. It honestly doesn't even take to be an intermediate/expert to earn a few merits from time to time, but people are complaining on how to earn them. The problem is obviously more on them, rather than being the fault of the current merit system.

This is the exact reason why most services require a certain number of transaction confirmations(usually 3+ is enough, depending on the amount) before actually approving the payment.  It really doesn't take a lot of research to immediately learn that bitcoin transactions aren't instant.

A costly mistake, but hopefully you didn't lose much.

Yes. We had a significant price pump just a month ago. But does it automatically mean we're in a bull market already? Heck no. Even if the price increase was 3x the recent increase, we can simply immediately drop down harder after a few weeks/months.

If you really aren't stupid(lol), it's simply most likely because your friend is simply not explaining it well for a non-technical person. When explaining online, we frequently throw words like "decentralized", "peer-to-peer", "open source", and the like, not taking into consideration the person listening might not even know what these words exactly mean. Hence I frequently use the statement "transacting with bitcoin doesn't need a mediator company"; because based on experience, people tend to understand it better that way.

Nope. I don't think so. I think the merit requirements per rank is already is in their sort of "sweet spot" whereas it isn't excessively high, and at the same time, not too easy. Ignore those people who are complaining. They aren't receiving merits? Simple. It's highly likely simply because they don't deserve it. It's pretty much like janitors complaining why they aren't being promoted to a manager position in a company even if they know little to nothing.

Yes, 1000 is definitely A LOT of merits for a certain rank(legendary). But it isn't called "legendary" for no reason. It should be very hard to attain in the first place. It isn't even excessively difficult to attain to be honest, it's just going to take a while.

The colors works fine as a "dark mode", but I wouldn't say it's aesthetically pleasing.

If you have the time, I suggest try using these colors(could call it "dark mode", but not amoled mode):

 #0E1B2B
 #175591
 #2A3F5A

With white as the text color, and a light gray color for the link colors.

Because besides the technical specifications behind it, bitcoin is pretty much fundamentally different for each person. Bitcoin might be a currency for Bob in the Philippines, whereas bitcoin might be a store-of-value of Mike in Venezuela, or maybe both for some people on other countries.

I personally have this problem too. I have so much different definitions of bitcoin on my mind that I really don't know which one to say when someone asks me about it. LOL. Not to mention the number of different definitions increases more and more as I learn more about bitcoin. One thing's for sure though, I never describe bitcoin as an investment, as people shouldn't be doing in the first place.

Depends on how much BTC you're actually converting. As far as I know, Binance doesn't require KYC if the withdrawals wouldn't exceed 2 BTC per day. You could probably create an account using a proxy/vpn or create an account through tor, and just enter some fake names or something.

I don't know either. But I assume the reason why they trust USDT so much is that it ran fine for years, with a bit of price hiccups here and there. Not to mention that some people might actually think they're holding actual USD. Don't underestimate ignorance I guess. 🤷‍♂️

I think one of the reasons why people use stablecoins instead of exchanging to fiat on exchanges is that it's either:

• They don't trust their local currency
• They don't trust the exchange

And I really can't blame them to be honest; due to the lots of exchanges fiascos in the past. Though I'm really not sure if storing your money on stablecoins is any better. Personally though, I'd rather leave my money on DAI(a lesser known stablecoin); even though the price is fluctuating a lot between $.97-1.01. Which is a downside I'm willing to take compared to holding the more centralized stablecoins like USDT. I know a good number of people will disagree with me, but yea.

Most airdrops require KYC. You're pretty much exchanging your personal information for some lousy tokens that aren't even worth one whole dollar. Think about it. Is your personal information worth THAT low? Also taking note that probably even 90%+ of airdrops aren't even legitimate, but only exist to harvest emails and personal information.

Personally, I'd rather do stuff that won't only benefit me financially, but also in terms of knowledge.

It depends. There's this stablecoin, DAI, from the MakerDAO platform, that isn't backed by fiat, but is actually backed by ETH(and will have an option to be backed by BTC in the future). Tether(USDT) though? Well, that's another topic. We really don't know for sure if USDT is actually really backed by fiat in banks; which is very scary in my opinion, as they can definitely easily abuse their power.

1. What wallet are you using? Give us more information.
2. By showing us your recovery seed, you're pretty much giving us access to your wallet. Hope you realize that.

I suggest doing research on how bitcoin works in general first, before actually owning some bitcoin. https://coindesk.com/information