To put it simply — posts that are utter shit.

And while there really isn't an "official" description, mostly it's those "what is Bitcoin?", "wen bitcoin go up?", "bitcoin is scam because etc etc" types of questions.

Times like this when assets are down across the board, it obviously shows who the over-invested ones are. Always have cash ready(or at least a steady source of income), and avoid using leverage as much as possible unless you really know what you're doing.

Staking: instead of using hardware miners(with Bitcoin, which uses proof of work), you instead receive yield based on how many coins you hold(with coins like Cardano, etc).

For more info: https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake

Another possibility is that they could also probably add a wallet feature so people could pre-fund their wallets. But likeliness wise, I'm guessing they're going to the Coinbase Commerce/BitPay route.

Overall this is actually a significant integration. People who travel countries use Airbnb to rent places to stay on as far as I know, and having crypto payments potentially means that people would need to convert less of their local currency to the country's currency.

Check out this Tweet thread: https://twitter.com/nvk/status/1101518677910810624

Unfortunately I don't understand it enough to be able to explain it.

Governments restricting access to Bitcoin through the internet would be pretty difficult enough; unless they shut down the entire internet.

There is no such thing as "right" trading pair to watch, but in most cases, you'd want to watch the trading pair with the most trading volume. And since Robinhood doesn't have a public API for CoinMarketCap/CoinGecko to scrape data from, I'm not sure which is the "better" trading pair. In the end though, both trading pairs are fairly liquid, so you'd most likely be fine with either.

CoinMarketCap has a similar program, though I really can't vouch for it as I haven't tried it(not sure about the requirements as well). I guess that at least you won't be worried about being scammed.

https://coinmarketcap.com/earn/

Owning bitcoin in itself right now won't make you rich. It's a lot more of the fact that it will give your savings a nice boost, compared to just holding fiat where the value is guaranteed to drop slowly but surely. Some people think that solely holding bitcoin will save get them out of poverty; nope. You're going to need to actually earn money, obviously.

Yes, but just to a certain extent. The current state of the cryptocurrency markets are far different than what it was in 2016, as stablecoins are highly adopted now with exchanges.

In some cases yes, but this is mostly not the case. BTC and alts have been moving in tandem for a while now.

I'm guessing that that's just a coincidence. Assets in general have dropped across the board; as far as my understanding goes it was much more of a market-wide drop(S&P500 was also down) rather than a drop due to some negative news.

In most cases, altcoins actually follow with the rise, and a lot of times even rising significantly higher percentage-wise. It's just that altcoins' price movements are delayed by a bit when bitcoin goes up.

If you like reading articles: https://coindesk.com/learn
If you like reading books: https://theinternetofmoney.info/
If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Except that bitcoin being the "main" currency doesn't automatically mean there will not be alternatives. Because what are the chances that bitcoin will be the only existing currency? Near-zero that you might as well say that it's impossible.

I personally wouldn't, but I'm not like super against it. Though I think that Saylor definitely knows his thing(surprisingly after watching a few of his interviews), I just think that Andreas Antonopoulos is simply just better at explaining things.

As for over-optimism, yea, I'm afraid only deeper research and thinking realistically can fix that.

The private thing is a misconception because Bitcoin is not private by default, but it's a lot more that people "trust" Bitcoin simply due to the fact that you don't actually need to trust anyone. All you need to know that the software works, the fact that no one can confiscate your bitcoin(unless you're careless, see here[1]), and that the supply inflation is stable and predictable.

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[1] https://cryptosec.info/wrench-attack/

If it ends up being the case, definitely not any time soon. Assuming we're talking about stablecoins here, Ethereum can't take the load hence the high transaction fees. Even bitcoin itself can't yet, as we still barely have adoption with Lightning. The only way I can see this happening in the near future is through centralized platforms such as Coinbase.

Not sure about trust wallet, but most if not all centralized exchanges like Coinbase/Kucoin has a trading/order history page. They should be very easily findable because I'm pretty sure no competent trader/investor doesn't look at this exchange history.

I wouldn't say it's a bad thing per se. Having very ambitious goals for a startup isn't a bad thing, because that's what some entrepreneurs try to achieve — create great products to change the world. Wishful thinking in this case, that may or may not amount to anything.

On Holmes' case, they were claiming that they can already do the blood thingy, which was obviously a lie. Quite a huge differentiating factor. And it definitely doesn't help that the media hyped her up into stardom just because she's apparently some female version of Steve Jobs or something similarly dumb.

I'm pretty sure that was the common reason why people scoffed at bitcoin initially. Telling me that we have a new digital currency that an anonymous person created just reeks of scam in the surface level. I mean, most people think that we don't even need a new currency; so why create a new one? I sure had the same exact opinion back then, until I've learned about the flaws of fiat.

Maybe, maybe not. I haven't heard of news concerning reporting to tax authorities as of yet. But like I said, if you want to be very sure, just assume that they will someday. It's the only way to protect yourself. Not to mention that they might already be doing this behind the scenes.