Hi, guys!

I've been aware of Portal for about 2 years now: they're building a way to do cross-chain atomic swaps on layer 2s to increase liquidity on the Lightning network and also build a trustless way to do decentralized exchanges. But more recently, they've slightly shifted focus to also include ordinal inscriptions on Bitcoin's base layer. Basically, you can buy ordinals using the Lightning network (which automatically includes holders of USDT, WBTC or ETH on other chains).

In the near future, I can see this as being a user-friendly way to build digital collectible markets on Bitcoin. Something like OpenSea, but much more elegant in its design and denominated in BTC.

I thought it was an interesting concept, so I wrote an article about it. Hope some of you will find it useful 🫡

https://bitcoin-takeover.com/portal-presents-ordinal-atomic-swap-tech-demo/

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.


 First, let's look at the historical side. Of course, Gold's history is much longer than Bitcoin's. Gold has existed since this world was created. Even thousands of years ago. Gold has been used as money and a medium of exchange since 550 BC in Lydia. While Bitcoin has only existed since January 2009. So Bitcoin historical data is not as far and long as gold.

 The second, we see from side of the creator. The creator of Gold is the universe, and the scientists believe gold came from meteorites that rained down on the earth 200 million years after the earth was formed. While Bitcoin was created by Satoshi Nakamoto , we still don't know who this Satoshi Nakamoto really is. He could be very smart person, It could be an institution, it could be a community group, or even it could be a creation of AI or Artificial Intelligence (My wild thought). We never know who Satoshi Nakamoto is. Bitcoins are man made, it's man-made. But Bitcoins cannot be re-created or increased in number (The Supply).

 The third we will compare the amount of supply. Exactly how much is the maximum amount of gold supply?. We don't know, It could be suddenly find so many new gold sources that can be mined, so when there is additional supply, the assets will no longer be rare and worthless, so in the end the price goes down. While Bitcoin, the maximum supply is only 21 million coins and cannot be added again forever, This is what makes Bitcoin become so rare.

 The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

 Fifth, let's look at the monetary function. Even though gold is real money, money from the universe. And it was once considered money. But in the 21st century, gold has no monetary function. In the 21st century, gold is impractical, not portable ( as I said before in my last topic in Bitcoin Discussion) , and instead of making transactions easier, if we use gold , it makes transactions in this digital era more difficult. Wealth in the form of gold is not easy to move, especially across countries, during disasters, or wars. While Bitcoin makes transactions easier, because it can be done quickly through the Lightning Network, it can even cross countries. Bitcoin is also easily broken down to 1 satoshi, 1 satoshi is 0.000000001 Bitcoin, Zero by zero eight times behind. Bitcoins are also portable, Very easy to carry everywhere, because it's digital, can be accessed anywhere, the important thing is that we know our phrase. The price (value) of Bitcoin everywhere must be the same around the world, and as I said, the number of Bitcoins is limited, while the maximum amount of Gold supply is still unknown. Then about the risk, If this risk context is financial value, Gold is definitely very safe, Because the price is more stable and less volatile, but that doesn't mean there's no risk in saving gold, The risk of storing Gold is that the first is a thief, Yup, gold is very easy to steal. Why in ancient times did many kingdoms attack each other? Of course they were looking for gold. For example, in 215 BC, Rome stole gold from Macedonia, or after the Nazi fell, the gold was divided equally between America, Britain and France. Hmm, isn't it kind of theft too?. Gold storage is also difficult, to store large amounts of gold, you need a special place, tight security, and other thing, it's hard to move Gold in large quantities. Bitcoin is here as a solution to all of that. Bitcoins cannot be stolen. The Bitcoin network also can't be hacked.

Well, I think that’s all information about Hold Bitcoin VS Hold Gold. I really want to give you more informations, But I think it will be boring if the thread become so long to read, So I stopped, but also I think it’s a good way too for opening a discussion. I hope this thread could be a good discussion to expand our information and knowledge (well, inspite of there are people also said that News isn’t a Knowledge, I dont agree with that).

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?


Sources / References :  - https://www.gold.org/history-gold/gold-as-currency
                                       - https://www.bbc.com/news/science-environment-14827624
                                       - https://en.wikipedia.org/wiki/Bitcoin
                                       - https://chinadialogue.net/en/climate/chinas-2060-carbon-neutrality-target-opportunities-and-challenges/?amp&gclid=CjwKCAjwv8qkBhAnEiwAkY-ahjB_SI6Zsh-2s-FJyIT3gm2BuieqXhbF873STTearZIntxLYO63NDhoC734QAvD_BwE

You are right, I made a mistake while writing my post - finalisti and not winner (and at least for Italians he has won Wimbledon ).

---

Of course Djokovic Is absolutely a favorite in this tournament but I will always take a look in younger player or some outsider. I Will not surprised if there Is a surprise this year but lets see, It would for sure a great show as usually

Tallon Griekspoor track has caused quite a surprise with his victory at the tournament in Rosmalen. in the final he was also placed higher than his opponent Thompson, but he showed a good level there too. It is strange that last year a Dutchman also managed to win this tournament. Tim van Rijthoven won Rosmalen, then reached the eighth or quarterfinals at Wimbledon, but managed to win a set against Djokovic. After that we never heard from van Rijthoven again. In that respect, it is a lot more stable with the Greek track, who immediately enters the top 30 in the world thanks to his victory. A great year for him.

Hello everyone, I have a new question,
In your opinion, is it worth attending blockchain events?

The only way to end the war is that Ukraine refuses to be part of NATO, the reason behind the invasion is if Ukraine takes part in NATO then America will be at the door of Russia and of course, Russia will not allow it. This is a traditional insecurity in Russia. if Ukraine refuses it then I think Putin will go back to his home but it will not happen because Ukraine again and again wants to be part of NATO, so let's see what will happen next.

I've been holding BTC since 2020. 2 weeks ago when inflation data came out saying core CPI went up a lot i sold my BTC at 18,000$.At first it seemed i made right choice since stocks went almost -3% premarket and i thought we're gonna have final capitulation in both stocks and BTC, that it will go down to 13-15k.

Well when market opened everything just went up, ended like almost +3% at the end of the day. It was the perfect explanation why you shouldn't time the market. I made a huge mistake and i really refuse to buy BTC at now higher price.
It really seems BTC bottomed at 17.5k and stocks(SP 500) at 3480.

Now market is pumping like crazy,its obvious we won't go back to 18k or below.
Good luck to all, i hope you're smarter than me

6 months ago, my savings went down because of the FTX debacle. I've never used FTX, I've never been a customer of this company, but my savings are in BTC, and because of that failure, BTC's value went down, and so went my savings.

Today, bis repetita. I've never used Binance. I've never been a customer of this company, but because the SEC sues Binance, BTC is down, and so are my savings, so I have a message to all bitcoiners out there.

Exchanges and BTC are 2 different things. One exchange going down doesn't mean BTC must follow.
Binance will disappear? I don't give a damn.

I'm an active participant in quora. Mostly I'm engaged in cryptocurrency discussion in Bengali. My purpose is simply to fight against FUD, misinformation. I have been doing this actively for long time now. I have engaged in debates in quora.

For the last few years, I'm trying to have a debate about Bitcoin with Mohammad Ghoni who was a Professor in a private university of Bangladesh. He claims himself as a economic analyst.

However, his negativity against Bitcoin is totally stupid. In fact, it seems he is biased when talking about Bitcoin or other cryptocurrency. He talks nonsense as if he doesn't know anything about Bitcoin. He is spreading wrong information about Bitcoin in quora. It's simple, when you don't know anything perfectly and you want to talk about that, you will only generate some stupid text.

I tried to engage with him in his responses. I'm ready to have a debate with him. The problem is he doesn't reply when someone wants to talk against his stupid opinion. He simply put answer on quora and then leave. I have replied in many of his answer in quora but never got a reply.
Now, I'm getting more concerned because he is spreading negativity in most of the questions. What can I do? Is there anything legal step someone can take, any foundation working on such issue? Or how can I invite him for a debate? I can simply put him on ignore but I'm also concerned about people getting wrong message. That's why I'm thinking something different.

Twenty-four hours of sweating, thinking up something, writing some nonsense - not tired? You shouldn't have sweated.)
I'll be brief: creativity - crap, the author - 100500 times trying to wishful thinking.  I have already pointed out to you 1000 times your problems, pathetic attempts at manipulation and regular lies

Bottom line - go rewrite your answer 

PS And in general, do not distract busy people with your nonsense !

I have been debating about it with couple of my colleagues whether stay on rent or buy a property.

Let's assume, you are well capable enough to buy a new property through bank loan. Your income supports the mortgage payment so banks are willing to lend you money.

What will be the best route to take? Buy the property or stay in a rented place?

The usual appreciation rate of your property value is around 10% owing to the development work that are ongoing. For rented property, your rent increases by 15% every year.

What's the better option for you and why?

In addition to the Boss Open, there is the Libema Open, where here Jannick Sinner lost to Emil Ruusuvuori in two sets in the quarterfinals, it's quite surprising that he lost quite easily and of the four players who were in the semi-finals, Emil Ruusuvuori is the only seed who is still holding out and will be the most favorite for the won this tournament because the other seeds had already been eliminated like Medvedev and several other seeds.

Boss Open, Struff vs Hurkacz, I think this will be a semifinal match that will be filled with aces, like Struff when he beat Gasquet who used his serve as capital to gain lots of points as well as Hurkacz, the match can last 3 sets but with a fast time because there won't be many long rallies occurred in this match.

I don't believe in fairy tales - and I'm not a supporter of the Russian world. I believe in facts:

- Degradation of the russian economy

- Global military failure, the world's second army is a fake.

- The Kremlin is squealing and begging for sanctions to be lifted. Since no one pays attention to the Kremlin itself anymore - it tries to send its "doggies" with these idiotic proposals, in which they are afraid to mention the reality of "war".

- Massive flight of capital, people, manufacturers from Russia

- Total regime of "secrecy", trying to cover up the failures in all aspects of the Russian economy.

- Russia is not running out of oil - it's the buyers and the money that are running out

- Putin has already been declared an international criminal, and punishment will come to him.

- Ukraine will win the war, not ready to say that in this one. The correction is made by the global terrorist attacks that Russia is staging in Ukraine, such as the destruction of the dam, which has already been recognized by the international community as a terrorist attack.

- There is no rebellion in the Kremlin. So far, the wild confrontation between the Kremlin generals and the heads of the gang formations: the Vagner Cheka and the Kadyrov terrorists, which are already actively destroying each other, is enough. Should we send a video of Kadyrov's men killing the Wagnerites fleeing from the AFU?  Or can you find it yourself? Or are you going to tell me again that there is no such thing? )))

This is not the first time bitcoin is experiencing price drop, it only needs few time; months or years to correct and hit another ATH. Few years back many investors took the loss and cashed out their money, believing that bitcoin settled for lesser price. Don't be in such a hurry to move out your investment; bitcoin is falling in price so that it can rise up again. Below is a tweet of a bitcoin investor 12 years ago, that should encourage people to hodl and hope for the best in the market. I know some will never sell, when it hits a high price, but for profits purposes there's no gain in withdrawing an investment now that the price is below or slightly above the amount you bought in the market. Unless you depend on the funds for survival or for other important dispute, keep holding on. Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?



Photo @Rizzo

There is no failure of the counterattack of the Armed Forces of Ukraine. The Russians really had time to prepare their defensive positions well. Solid minefields connected to anti-tank ditches and other engineering barriers. In addition, open flat terrain prevails, in which there is great vulnerability to attackers from kamikaze drones, artillery and aircraft. The Ukrainian command, unlike the Russians, takes care of its soldiers and therefore acts cautiously.

It seems that you, in the usual manner of denying reality, take the opinion of some "scribbler" NICOLAS CAMUT, and pass it off as REALITY With such attitudes - you might as well go on to reposting "news" written on the fence or walls of your building Although... You do not surprise me, for an adept of the Russian world, and such news, from the fence, will be "reality", if that position suits you

And in reality - the international recognition of russia as an aggressor country, the Kremlin's underfuhrer is a criminal offender, the Kakhovka hydroelectric power plant is a terrorist act organized by the hands of russia. These statuses are official approval at the level of states and governments. Compare the level of quality of information ?


But back to gas and other "joys of the Russian world". I highly recommend listening to this interview. You will probably ask a question - who is Mikhail Krutikhin?
I will answer in advance: Mikhail Krutikhin is a Russian economic analyst, oil and gas market analyst, translator, journalist, historian and orientalist. He is a former editor-in-chief of the American magazine Russian Petroleum Investor. Yes, this is a well-known specialist, not an empty-nester like Nicholas Kamuth

By the way - and I recommend everyone to watch this interview. You can switch the credits to your language, believe me - you will learn a lot of interesting things.

https://www.youtube.com/watch?v=_lyT-po4qyM&list=PL0X6M583SFO5aQsHjCI5PhozEQLSd3C5F&index=2

Gasquet beat Tsitsipas in three sets, did not watch the match and only got to see the live scorer of the first set where Tstasipas was already 3-0  but Gasquet managed to make this set go through a tiebreak and he take the first set, and the third set was decisive for this old player to determine the outcome for him. Congratulations on the profit if you end up betting on Gasquest.
Facing Struff in the quarter-finals Gasquet is still not a favorite but this time the odds are even lower at just 2.80, so Gasquet still has a chance to win and be in the semi-finals.