This should be the topic: MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold

I believe some people in the world have known how fiats are subjected to inflation, and how it is not competitive with bitcoin in any way. Also, people have known how bitcoin could be a better asset compared to gold, I could not get this clearer before, but this news opens my insight to some possible future occurrence that could ensued into significant price dump of gold.

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Bitcoin pivot
Convinced the dollar was no place for MicroStrategy’s excess capital, Saylor said he and his executives began trawling around for a “tangible” asset alternative. “We had to cycle through real estate, bonds, equity, precious metal, derivatives or crypto,” Saylor said. Of that group, precious metals, particularly gold, has long stood as an enticing store of value, a scarce, safe-haven asset recognized around the world. Not to Saylor. For starters, he balked at the notion that gold is scarce. “Gold is the least abundant of the commodities, but you can still produce gold,” he said. But he’s also acutely concerned with what he describes as the clashing interests of gold miners and gold bugs. One is trying to capitalize on the market by mining replenishable supply while the other is hoping that access remains scarce, pushing prices up.

“The gold miners are the enemies of the gold holders,” said Saylor. “The gold miners are trying to destroy your value, right? They’re not trying to help you.”  He predicts an even bigger problem with the gold market: Investors fleeing to bitcoin. Even if they don’t know it yet, Saylor thinks gold investors will eagerly dump the commodity for what he calls a superior store of value. It’s not an if. It’s a when.  “Not a good bet to bet against ingenuity and assume that people will be lazy and ignorant for the next decade, because it’s not likely,” Saylor said.
https://www.coindesk.com/microstrategy-ceo-bitcoin-better-than-antiquated-gold

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In my opinion, this man is very right, people are getting knowledgeable compared to the past era, people will not be ignorant like before, gold will still be mined because it still has large deposit in the world, the supply by gold miners is what could make its price not be increasing the way it should be, this could be the exact point that can result to people leaving gold for bitcoin. Bitcoin, will eventually be a scarce asset, unlike gold, only 21 million bitcoin in total supply, and in a way that the supply is reducing and at one point will end, and there will be no bitcoin supply again. With how bitcoin is, people will embrace it more and more, the marketcap will increase, thereby the price will increase, thereby people leaving gold and buying bitcoin and this could lead to drop in gold price, even if the price do not drop, there is still possibilities the price of gold will not be like before. This is not the first news I am reading this, but I gained more from the news that gold holders may eventually leave gold for bitcoin and this could result to gold price being dumped.

It is good not to risk the money you can not afford to lose, it is also not good to be foolish, instead of people to see risky businesses as fun, they still prefer to use high amount of money that could get them into trouble. Some people like to gamble, they become addicted, and yet losing than what they can afford, borrowing, selling properties and the likes but yet betting and it becoming a problem for them. Such businesses like these are risky, and people do lose than gaining. Betting and all these businesses should be for fun, because the more we do it, the likely we lose. But, if fun for us, the results can be great for us one day without us expecting anything good coming, people should not be greedy, luck in life requires patience and hard work.

Before, when the price of bitcoin was increasing significantly, it increased right from $0.08 within a decade to as high as $15000 recently, this could have triggered these people to be predicting in this direction. There was a famous man that predicted bitcoin to be $100000 in 2020, but later this year when he realized it is not possible, he later said his prediction will not be possible. I like people to be more realistic than predicting what might not happen. Without them predicting anything, bitcoin is able to increase while more people will buy it, which will be increase its marketcap, that is just normal, but I do not think bitcoin would reach such high price by December 2021, but it is certain that bitcoin price will certainly increase and will increase beyond what is predicted above, because it is a deflationary currency with a limited total supply, but it will take longer time before bitcoin will increase to such extent with a marketcap of 2 trillion or more.

The first effective coronavirus vaccine can prevent more than 90% of people from getting Covid-19, a preliminary analysis shows. The developers - Pfizer and BioNTech - described it as a "great day for science and humanity". Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised.The companies plan to apply for emergency approval to use the vaccine by the end of the month.

How does it work?
There are around a dozen vaccines in the final stages of testing - known as a phase 3 trial - but this is the first to show any results. It uses a completely experimental approach - that involves injecting part of the virus's genetic code - in order to train the immune system. Previous trials have shown the vaccine trains the body to make both antibodies - and another part of the immune system called T-cells to fight the coronavirus.



https://www.bbc.co.uk/news/amp/health-54873105

I do not know about future, but as of today, it is clear that custodial services are not secure and safe by design, it is very possible some of them will be hacked by hackers and may go bankrupt. I was even thought they are making use cold wallet before, but according to some crypto news, they are making use online/hot wallets. The online/hot wallet they are using to store millions of people funds including the huge amount stored makes the companies rendering custodial crypto services attracted to hackers.

I do not think this should confuse you, if you know about custodial exchanges, they are like similar to banks and other companies providing crypto services. Only what you need to do with them is to allow them to hold your bitcoin and other cryptocurrencies for you. This means you are not the owner of the bitcoin and other cryptocurrencies  on the respective blockchain, but you are the owner on the platfroms of the companies providing the custodial services, which means on blockchain, the company providing the custodial service is the owner of your coins.

The companies will have to follow the laws and policies of their country, like subjecting your cryptocurrencies to tax in a way certain percentage of your profits will be taken and be paid as tax to their government. Also, you can not control your coin privately like having it on your own. And I have seen custodial services as the modern era ways of governments compromising privacy.

I have seen the best as the self custody, in which you will have your private key or seed phrase to be able to unlock your bitcoin on blockchian, nobody will be able to manipulate your bitcoin into govermental laws and policies that may not favor you. And you will have much of privacy if you really learn how to maintain privacy and protect your noncustodial wallet(s).

It is both for institutions and retail customers, many people do not know about privacy and do not care about private key or seed phrase because of ignorance. It is you that will choose the best for yourself. And for me, noncustodial way has been the best than governments to compromise my privacy but ignorant people would not know. There are people buying bitcoin now that does not even know private key or seed phrase exist.

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I believe you are from Africa, you are right that many African leaders do embezzle money and leading to misappropriation of funds, but that is just part of the reasons why African is not develope, but the main reason for African bad economy is mainly about what the leaders are capable of. Are African leaders capable to lead? I do not think so, because they are not capable to lead. Many of them are not literates, they only went to school but not literate to the extent they can offer the economy good. If they are literate, they have all it takes to make their countries economy to be one of the best in the world, but yet, they have the poorest economy. Unlike western and developed countries where their leaders are more educated, they know the latest going on, unlike Africa. Africa is the continent I have noticed they like political power, they like to manipulate politically, not thinking if it will favour their citizens or not, but that will favour them and their families. They do not even fully count their countries as a full home, that is why their wives, children and themselves have the green card to western nation countries like USA and also travelling there for medicals and many other reasons because they make their countries unfit for people. The people because of illetracy will still vote for such leaders and the leaders will still manipulate politically to get to the leading seat. What I have noticed is affecting Africa countries is the fact that they want to continuing depending on western national and national like China, they do not want to stand on their own and also lead the world. This has been the start as I see Africa has a continent that does not want to just stop this but following the old ways that could not get them out of their past misfortunes.

Be it coins or tokens, so far they are not bitcoin, they are regarded as alternative currencies, while alternative currencies are referred to as altcoins. Any cryptocurrency existing that is not bitcoin is simply an altcoin.

Let me be specific to only bitcoin, Biden or no Biden, Trump or no Trump, bitcoin will always prosper. Its prosperity is not in the hand of anyone because it is not a centralized currency, it is completely decentralized and open source. People are getting to know it and embrasing it. Let us just expert more prosperity for bitcoin as it is becoming the first truly sovereign currency.

I still remember of a news I read on cointelegraph this year about google 2fa being compromised. It is not the fault of the app itself, the hackers used tricks to make victims download a trojan horse that was installed on the devices. If someone can not handle anything about malware, how can he use bitcoin wallet successfully or using 2fa app successfully.

Although, I am not a fan to any google products, because google are privacy invaders. Also I can not use Authy, although it is much simple to use by synchronizing the backup on cloud, of which I do not believe in such. I prefer to keep my backups offline which is the safest.

If because you lose your code is the reason you do not recommend any 2fa, you are then wrong. The best you can do is to make a backup of the 2fa backup code and safely store it somewhere safe from attackers and damages and yet also still accessible to you.  Authy can the best for you then, but I can not recommend it due to what I mentioned above about synchronizing with online cloud which makes backup recovery easier. 

The best 2fa I have known and that I can recommend are Aegis, authenticator and andOTP.

Reserved

witcher_sense has commented the most information needed accurately, but in addition, while using wallet, your IP address can be used to track your wallet, this can come from governments, that is why I will not recommend VPNs that keep your logs and also IP providers, they can easily give your information to governments to know everything about your wallet. That is why it is good to use Tor to access your wallet.

Also, about what witcher_sense commented, while sending transactions, many people still make transactions in a way they can later be tracked, also know about dust attack that attackers uses to track a wallet, all these can still lead to many addresses to be linked to a single wallet.

There are sometimes people will not have options than to make use of crypto mixer or coinjoin means to gain back their privacy.

There was also a site I can recommend, it is also good and well explanatory for beginners to understand, it was created also by a member on this forum. You can use the below link to access it. Although, it emphasize more on privacy and scam avoidance, it is a good to read write up.

NotYourKeys.org
https://bitcointalk.org/index.php?topic=5287314.msg55537551#msg55537551

About the site in the OP, I have checked it, it will really be good for newbies. But never mind me, I want to add some suggestions

1. Among the wallet, Mycelium is not included, you can include it because it is a good wallet, it works fine on android. Also know that you should include electrum to bitcoin lightning network wallet, electrum is now supporting lightning network. The 'custodial wallet' you meant should be changed to 'custodial lightning bitcoin wallet' because all wallets you mentioned under it are lightning bitcoin wallets.
 
2. About bitcoin books, there is one that is often mentioned on this forum, mastering bitcoin. It will be good if you included it.

3. I noticed you did not make much emphases on security and privacy, this is very important for beginners to know, that is why I first inputted that link above, you can try and go through it, it will be good if you have a write up about that, for new bitcoiners not to fall for scam.

I get the point, I know bitcoin is not a currency, but it is regarded as digital currency. Normally, a currency has no intrinsic value, it is just a representation of what we spend physically, a good example of currency is the paper fiat we do spend. But, even if we do not regard bitcoin as currency, it can still be regraded as digital currency or cryptocurrency. I get your point, you are totally right.

I read a funny news today and I was surprised by the news, and I just think to bring it here for discussion. It is about Bitcoin DeFi projects, as we all know that bitcoin and ethereum community share different philosophies, although there are some DeFi projects that are ethereum tokens but are still reflecting their marketcap and prices in bitcoin but bitcoin community do not recognize them as bitcoin, example is Wrapped BTC. Although I saw it on the news like that but truly in our opinion and it is very clear that they are actually not bitcoin but altcoins.

Also I saw this and I quoted it below
Even if no DeFi token is built on bitcoin blockchain, it is obvious that bitcoin will still have the strongest blockchain, and it will be the strongest cryptocurrency. It is the coin that is becoming the currency of the world that will surely go mainstream.

https://cointelegraph.com/news/defi-won-t-last-long-without-unlocking-bitcoin-s-250b-treasure-chest

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If DeFi projects are basically built on bitcoin blockchian, will the bitcoin tokens still be regarded as altcoins? In my opinion, although they will be called bitcoin tokens and they will be bitcoin DeFI projects but such tokens will still be regarded as altcoins.

This should be normal, bitcoin is makeing life more easy, and unlike gold, you can decide to purchase just $200 or less, which makes bitcoin purchase more flexible and easy. Bitcoin is a digital currency that if protected well, it is perfect to avoid theft unlike gold that can be stolen, also bitcoin is deflationary currency with intrinsic value and appreciative asset unlike fiats that are depreciative assets. So, bitcoin solve the theft and inflation issue. Why will people not go for it, I have thought of bitcoin purchase 99.99% times without thinking about gold purchase for now. People will go for  bitcoin because it serves the whole purposes of fiats and commodities like gold all together. Bitcoin is money, currency, commodity and asset, four in one, it is not easy.

Can you answer this question? Can someone hired you for a job with you no knowing the person? Yes, it is very possible. So, you just do not have to link this to theymos. Satoshi Nakamoto is the creator of bitcoin, Satoshi left because he wanted us to realize we are the Satoshi. If you are one of the bitcoin developers and/or holders, and you believe you people are Satoshi, then you are Satoshi. Anyone adding to the progress of bitcoin is Satoshi.

Bitcoin is a currency, a money, a commodity, and an asset, but it is totally and basically digital in its entirety. Money because it has instrinsic value, currency because it can be spent, commodity because it can be exchanged with other commodities and can be bought with the use of fiats or other money, it is an asset because bitcoin is a deflatuonary currency, its value do appreciate over long period of time, although seemed shorter for bitcoin. But, do not let us still leave the main fact, bitcoin operates digitally, it is actually a digital currency.

You can move this topic to 'beginners and help', scroll down this thread, you will see 'move topic' below, then move it to beginners and help will be better.

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First of all, there are many scams like this these days, it is we that needs to be very careful, in a legit airdrop, any payment will not be requested for, everything will be free. Any airdrop that ask you to pay is just a scam, you should avoid such next time. Even, if not asked you to pay, it can still be scam, collecting peoples information in a way to track them down and scam them. I will advice people to be very careful of airdrops because many are scams. There was one that asked me to pay certain amoint of ether as vip fee some months ago, I knew it was scam, and that was my last time of looking for airdrop.

Sorry for your loss, but there is nothing binance can do, they were not the one that scammed you. The money is lost already, be careful of recovery services, they will not do you two things than to scam you the second time. Also, be careful of bitcointalk members that will send you personal messages, they also want to scam you. There is nothing you can do, the bitcoin is gone already.