That's what Satoshis are for, which is the basic unit of cryptocurrency in the bitcoin network. If things go well and bitcoin reaches stupendous amounts, you can bet your sweet bippy that satoshis will also become more valuable, able to give people the opportunity to just buy and sell stuff using them as if they are using bitcoin. See it's as if Satoshi Nakamoto's got everything considered and in the bag, with the only problem involving scalability being the lack of solutions for network congestions.

At the end of the day, bitcoin's value rising to that amounts shouldn't be anyone's worry. As a matter of fact it should be celebrated as it is a spitting testament that bitcoin has come so far.

Between the massive calamity they tanked and tensions between neighboring countries as well as an economy that's not getting any better. To some countries like Argentina taking up another currency like the dollar would be the most sensible move they can make if they don't want the people to die of starvation. It's not about principles and shit at this point, it's mostly all about ensuring the proper survival of your economy. Although I don't really think the closing of its central bank is the "best move" as they can easily just sell their exports and all that at half the price or something, but I don't know man Argentina's case is a pretty tricky one in my opinion. They're not 6 feet deep in the grave just yet for them to make decisions as massive as this, but if they don't do something massive they could very well be in the future.

Is bitcoin inflationary as with Fiat? No? Then it will continuously outclass any form of inflationary asset over time.

That's one of its main selling points after all, to remain valuable and a great store of value as the whole economic world plunges into chaos thanks to inflation and devaluation of assets. Don't get me wrong, bitcoin can still be beaten by devaluation, which will only happen if the whole cryptocurrency world swipes all their assets off the industry and into another. But not only is that a massive if. So yeah. bitcoin should be good for a while, it will continue to remain more valuable than your favorite fiat as it succumbs to depreciation brought about by inflation, only way it could be on par with bitcoin is if it adapts the same deflationary nature that bitcoin boasts of, which is not good for commercial assets like greenbacks.

The general consensus is that you'd need not a tool or a mechanism, but a laid out plan of how you're going to pass down your cryptocurrency wealth to your descendants. And I pretty much have an idea of such.

You have to first ensure that you're using a cold wallet, like a trezor or a hardware wallet before you die. That ensures that your funds don't accidentally fall victim to hackings or mismanagement if you keep it in exchanges. Once that's settled, keep your trezor wallet/hardware wallet along with the seedphrase/passcode in a single vault. That ensures safety and security, as well as the convenience of knowing what the authentication is. After which, include these assets in your will and testament, along with the shares that your kids will receive in full explicit detail, so no one mistakes/confuses which or who's got the share of who.

Pretty much easy and it does not involve any form of tool that could fail, or mechanism that could turn against its main purpose.

Realistically, unless you do something stupid like setting up a money laundering act for crime bosses and corrupt government officials or drug trafficking, you'd never find a way to earn that much money in so little time. When setting up a business, profit comes last. If you don't instill some sort of passion into it you'd find that all you're ever be putting out is half-assed products and services, which will then reflect in your sales and the performance of your company.

So don't go into a business with the mindset of earning money, I know that's counterintuitive but trust me. You head into a business with that kind of mindset and you'd end up losing more than just your capital.

USD's downfall isn't Bitcoin's come up. Bitcoin's come up is bitcoin's come up. These two currencies while working hand in hand aren't connected substantially. Quit with the comparisons and suppositions that when USD crashes/the economy crashes bitcoin will be able to pick it up and rise in value. You can't suppose that especially when economic crashes happen and everyone is going to scrape the bottom of the barrel. People will sell everything they own, including bitcoin, if given the chance. So there's no reason for you to think that just cause USD's coming down it automatically means that bitcoin's going up. Just cause your neighbor lost their electricity cause they can't pay the power company doesn't mean that you'd get the power she's supposed to get.

bitcoin's been at the forefront of financial revolutions since it blew up last 2016. I don't think this is something new. For the most part when people talk about revolution here all we ever have in mind is "oh yeah another bull run coolsies".

If what you're talking about is the massive adoption that we've been looking forward to for years now, I don't think it's going to come as willy-nilly as you are trying to portray here. Perhaps a commencement of the process thereof, but never something as drastic as you're making it out to be. Don't get me wrong, not trying to rain on your parade here cause I want bitcoin to succeed just as much as the next guy, just that sometimes we need to ground ourselves to reality.

Some countries disallow the massive collection and gathering of gold over a single place/entity, and doing so may hold you accountable for crimes that would lead to jail time and repossession of your gold holdings. With bitcoin we can't expect that to happen unless said governments assume complete control of bitcoin which is nigh impossible. Another would be the convenience factor. As many have said here, it's much easier keeping a password on a sheet of paper or on a 65 gram trezor wallet than hoarding tons and tons of gold in equivalent value. Keeping it safe from thieves would really be a hard thing too.

Bitcoin is just superior in many ways over gold, but that doesn't mean that they are to be compared. Gold serves different purposes to bitcoin.

Thing is, even though the media sensationalized this, they wouldn't have gotten the news if nothing short of awry happened on SpaceX's part. Where there's smoke there's fire basically. Not pinning the blame on anyone here as it's bound to happen eventually (some large-scale company with bitcoin holdings selling all their assets or most of it at some point during or before the bull run), so it's not like it's something that blindsided the whole industry. At the end of the day it's not over for bitcoin, we're a few short months before 2024. Bitcoin's got a good track record of keeping up and pumping like crazy just before the halving happens. Let's cross our fingers and hope that the same thing happens this time.

Only makes sense after what the US did to them economically. They'd have to look for ways to still get access to monetary aids and all that stuff else every Turk will die from starvation. This is a good thing especially if this keeps up as it would signify that no country will need the backing of any international standard currency to survive, and everything is a lie up to this point to control countries and governments into subservience to a "more powerful country" like the US and China. In El Salvador stuff is not looking that good, things could be different with Turkiye as the situation called for it.

If you’re living in an Asian household/with a family that doesn’t mind you crashing in for a while so you can come up with the money for your business, do so. You’ll be surprised at how much you’ll be able to save especially with rent. If it comes to the point where you’re avle to start your business, it’s easier to hire relatives/family members too and they would appreciate the gesture as well as it means you’re trusting them.

It’s all about transparency and paying it back when you’re able to get your big break. So if your family doesnmt mind accommodating you as a youth while you setup your business and all that, might as well my friend.

While I want to congratulate you and all that, cause in the current state of the economy it would really be hard to own a whole bitcoin's worth of investments and wealth, It would've been really awesome if your goal was to not really own a whole bitcoin after a certain time period, but to earn as much through consistent buys and holdings of bitcoin just as what DCA peeps do. All you're really required to do is to buy bitcoin at regular intervals regardless of its price at the time of buy, and you would be good.

You'd be surprised at how much massive your investment holdings will be once you finished it too. having one whole bitcoin is great, but in this industry consistency is the king.

Stablecoins are backed by fiat currencies and are therefore in a sense not securities/speculative assets. They are called stable for a reason.

This fact alone is a great cause as to why the SEC’s not pushing to boycott the whole stablecoin market. For one it’s the mirror of reflection from the inside, allowing SEC to assume control over the little autonomy they have within the industry. Another is the fact that it would just be a massive bummer for everyone involved if they were to ban crypto, and with them trying to paint the picture that they aren’t cryptohaters. This wouldn’t sit well in tve PR

I don't have exchanges near me, closest thing we have here for a cryptocurrency exchange is a lone bitcoin ATM that I'd have to travel 25 mins first before getting into, so you can only imagine how hard it is. Plus, the country I live in is at this limbo of being well aware of what crypto is and how it works, while at the same time completely oblivious to its existence in some sort of paradox lol. I wish more people would've been aware of bitcoin here for these discussions to even warrant notice in my part but it's just not that rampant.

Anywho, as for the bitcoin ATM, it's relatively safe, never heard of it ever getting pried open or stolen by thieves, despite the fact that it doesn't even have a bodyguard to keep it secure at all times.

Nope. Don't think so.

Regulation is the last thing that would affect the current price of bitcoin. All for the sole reason that there's no definitive regulation method that was made to counteract and control bitcoin in its utmost capacity. Plus if regulation were to take its hold I reckon it would pump the value of bitcoin even more, given the fact that now we're sure more and more people will be able to hop on board and invest in bitcoin since it's now sanctioned y the government.

Metaphors and figures of speeches can only go so far especially if you're trying to set your point across people who are not even aware of what bitcoin is, or how the money that they have works. I find that seminars for people who are eager to know more about bitcoin and cryptocurrencies, packed with information about the monetary system, bitcoin, how it solves basic issues of money and banking, etc. to be one of the best ways you could use to spread the word about bitcoin. Perhaps you wanna try looking into that too?

Metaphors are great and all, but people will need to be informed about every nook and cranny, every cog and wheel, and everything that makes the whole bitcoin ecosystem tick. I doubt metaphors could do that lol.

As with other people here, I'm gonna wear my tinfoil hat and sleuth my way into a theory.

The fact that this has been a long-running issue, Bitcoin ETF has been years in the making mind you and it's only within this year that we saw some significant movement from the SEC, is a testament to how uneager they are about bitcoin and the progress it brings no matter how much they preach about bitcoin being a good cryptocurrency or whatever the fuck they are saying about bitcoin these days. Other peeps here could be right as well about SEC postponing its approval up until a date that's closer to halving to ensure that wall-street bankers and insiders are able to gain profits quickly and dump their holdings when they feel like it which is not good. All in all, we can only guess on what the real thing is especially when everyone's being secretive about the details.

A lot of these are more of ceremonial celebrations and not religious or ritualistic, which means that whether we make a big deal out of it or not doesn't necessarily equate to us losing track of what bitcoin is. I'd argue that the fact that the industry is able to move on from mundane stuff like this is a great enough sign that we're progressing and developing at a breakneck pace, which is good for everyone involved, whether you're a builder or an investor. Of course it's great every now and then to reminisce about the simpler times, but between then and now where bitcoin is significantly more valuable, I'd choose today. It's one thing to recall and reminisce, it's another to look back and retain past habits just cause.

People often fall for the buy-high sell-low mentality. And then blame bitcoin, calling it scam and a fraud ponzi scheme when the bear market comes in and they lose all their shit. Bitcoin is a speculative asset yeah, but if you know how to work around its volatile nature there's money to be had in this industry. I see some people seeing this opportunity as a way for them to bank on their investment, some are not fazed by it either because they knew this was coming, not really afraid of dumps anymore, or are practicing DCA strat so they can rest easy knowing that whatever the price point of bitcoin is they'd be able to bank on it nicely. It's all about the timing and how people perceive dumps. Good investors break away at the first sight of a price decline, great investors assess the situation and buys when he knows it's opportunity for him.

It's worth to teach bitcoin to people who are ready to hear it. Regardless of the age or the status. You can teach and preach about bitcoin all day long but if people aren't keen on hearing what you say, let alone following what you want them to do so they can set themselves up for success through bitcoin, your efforts will be for nothing. That's why I don't advocate for "teaching a specific demographic about bitcoin", since it limits the amount of people who would be willing to learn about bitcoin altogether. Instead push for campaigns and education programs that are free for everyone, regardless of race, age, or status so people who want to get on it could invest their time without being blocked off by limitations.