Isn't that one of those universal truths? If you are really hungry, you'll find something to eat, even if it's some root or a bug. OP's advice is like extending a helping hand towards a lazy coach potato stuck with his nose in a phone who would like to have money but cannot figure out a way to make some.
We can look at it from another perspective though. Some people just cannot make it work without someone else pushing them to do it.

You must mean surpassing the total market value of all fiat money in the world. But that would mean that (I don't have time to do the math here so it's just a random number) 1 Bitcoin would be worth more than 100 million dollars/euro/pounds. I'm sure that if it ever happens the value of fiat money will be the last thing we, early adopters (because that's what we are, believe it or not) will be concerned with. We'll be too busy being flown from one of our islands to the other.

You can't make everyone accept bitcoin. This is a free world and a free market and I can tell you that I already know that at no point in time there will be "everyone accepting bitcoin", and it's all due to one simple reason. Does your local store accept Japanese Yen? If it does then it does not accept British Pound and Euro at the same time. There are no stores that accept all the world currencies, you first have to exchange them, so don't expect the world to suddenly accept bitcoin.

You should first define what regulation is. For instance, Bitcoin should be recognized by law and regulated in the way that people would be allowed to demand the return of their stolen coins in court, be able to pay their employees in bitcoin without being accused of giving out worthless substitutes of money. IMO if government demands taxes to be paid on the coins that you hold they should allow for these taxes to be paid in bitcoin.

It's great to hear that they managed to travel with bitcoin, but the story is just too dramatic for the average guy like me who wasn't born a millennial.


He didn't cut his hair because there was nobody to do it for Bitcoin? Ever heard of a hair clipper? It costs like $20 and can run on batteries.

The only utility in USDt is in countries where local currencies are unstable, like in Venezuela, or where it's forbidden to trade into local currencies. If you have a choice to exchange for USD or EUR and USDt, I see no valid reason to choose the latter. USDt is like a company token, pretty much like another centralized crypto, like XRP or something. I could use it as a go-through currency to get my money from one place to another, but I'd never hold it. I don't trust tether and given a choice, you should not hold it.

So I did "buy" some of my coins but the exchange where I did it got hacked and disappeared soon after (I managed to withdraw before it happened). None of the exchanges where I bought functions right now. Since then I've accumulated by claiming airdrops and giveaways and converting them to Bitcoin. I also took part in signature campaigns. I still have coins that date back to 2015.

Unfortunately OP, you live in a country ruled by an oppressive government. You have a number of choices here. You can continue to live there and obey the rules, continue to live there and ignore the rules, leave the country. Personally, I'd choose the third option because if they are repressing your financial freedoms they're going to do the same with all the other.

I know how hard it is in the US to hide big profits. If you had 1k USD to withdraw I would just set up a p2p trade and buy myself something nice with cash, but in your case it's a lot of money. Even if you withdraw it anonymously it's going to be difficult to hide, unless you want to hold cash somewhere in the house and spend a few hundred every month.
A one time win like that is going to be classified like money laundering. People often win similar amounts in casinos and you have a clean record (I hope). I'm sure that once you pay your tax you'll be able to enjoy the rest.

I'm an adult, not yet a parent and if I ever become one I'll do my best for my child to have interests and choose to do something that they like. I went to school not because I liked it but because my friends were doing it. Finished university, because I was told that I wouldn't be able to make money without it. Then I got basically kicked out into the world by my parents, like that young bird that gets kicked out of the nest and either learns to fly or gets eaten. I survived but never had a strong bond with my parents because of it. I wouldn't want my child to be treated like that.

Children can't be put into one basket. I know a number of them in different stages of life and coming from different families. Some are rich, some are poor, some respect money, some don't, some have hobbies, some don't... One thing that is common among all of them is that they are getting taught much less at school and the Internet is taking the role of a parent, a teacher and a friend.

It's not a bad idea to have both if you have the money but it's usually people who have very little and still want to invest who have this dilemma. What do do when you have 1k USD to invest? Buy 500 in Bitcoin and 500 in gold? It sounds like a huge hassle, especially when having 500 USD you probably have to buy gold shares instead of the real thing and Bitcoin is Bitcoin (unless you want to use a trading desk or PayPal).

Some VPNs claim to delete logs after each session, so worst case scenario a hack will expose your real IP and some payment details used to subscribe. You don't have to use your real name and address if you pay with Bitcoin, like I did, so all the service provider has is my old bitcoin address (that's empty now), my fake name and an email address created just for this purpose.

All publicity is good publicity.
If Peter was at least right, but he's making a fool of himself. He said Bitcoin is worthless and it pumped 50%. He told people not to buy it and by doing it he denied them huge profits.
His followers aren't dumb and they see the market is proving him wrong. Also, they constantly see him say bitcoin this bitcoin that, so bitcoin must be an important part of his life.

I still, almost a year later have mixed feelings towards the pandemic. I know people who tested positive and heard about lethal cases, but none of my friends and family had it. I know 2 people, one is my doctor and the other is my wife's friend who tested positive, but they only felt tired and had fever. It was like they had light and short flu (flu usually lasts at least 5 days and their covid infection was 3-4 days). For this reason I believe the panic and all the restrictions are unnecessary. It doesn't seem dangerous. I know a number of people who say they could have it because they felt tired and head a headache for about 2 days, which is consistent with mild covid symptoms. I also heard of a few people who tested positive and had no symptoms at all. They didn't even know they had it. Still, 8 months from when we had the first lockdown none of my colleagues, friends and family have been hospitalized, which is why I'm completely calm at the moment.

If we break 20k we won't stop at 30. It's going to be 50 or higher. In the past Bitcoin has never broken an all time high just to go up by 50%. It was always 300% or more.
I'm not trying to create a hype here, but just take a look at the previous bull runs. When we broke 1k usd we went to 3k right away and then about 6 months later we again went up to 20k. In 2013 when we broke $300 we went to 1.1k. It's just the way it is.

I'd prefer them not to be released, because who is there to say which coins are to be touched and which are not? Are Satoshi's coins up for distribution or are they still in his possession? Should the past owner who lost coins demand some of them to be returned to him after a quantum machine cracks his lost wallet? These are the dilemmas we'd be facing. It's best to let them be and for the market to adjust the price taking those lost coins into account.

You are right, it's greatly undervalued, but its value is based on people's perception. How do you value something that isn't physical and that another person cannot value for you? For instance, stocks have their IMO price and knowing the value of the company and their yearly revenue you can decide whether it's a good or a bad price. Bitcoin doesn't have anything like this, that's why many people think it's overvalued and in a bubble, while in reality it is not.

It infected more, but most of those people went through it without any symptoms and not requiring any medical attention. We now know that Covid was in Europe in 2019 because it was discovered in samples taken from people with cancer. There's really no need to worry about it as long as it doesn't mutate into a more deadly form.

Even though they will not invest directly into BTC, it will impact the price as Grayscale, having that much money invested in them will surely increase the number of coins they're holding. It may not be a 1:1 ratio, but even it 25% of those money flows into the market it's going to be huge. Years ago, long before we went into the 20k bubble, people were predicting that once institutions come in we're going to have a 100k USD bitcoin. Even now this seems to be a distant future, but if you think how small Bitcoin is compared to the value of S&P 500 companies, you'll see that 20k per coin is nothing big, just a step in the right direction.

After reading that long post on the previous page I feel like most of the problems OP had (and potential screwups that thankfully did not happen) came out the way you followed government requirements. In short, they asked you to report all your coin transactions and you spent a lot of time to satisfy them, but if they wanted to they could say the evidence was falsified or something and screw you over. For this reason I don't report anything, ever, and simply choose the way of making sure they can't track me and prove that I own coins instead of trying hard to make them happy against all odds.
As for the plumbers and people who come into the house, I had that question many times and told my wife that if someone sees my computers and stuff she's to tell that I'm into it, programming or something, but she doesn't know what that is. We avoid the word cryptocurrency during social gatherings. So far so good.