I use bitcoin core. I run bitcoin core all the time to support the network. I can choose which coin to send and which exchange address to use.

There is no need for Satoshi Nakamoto to reappear as bitcoin God father. He has done his bit. The community has taken over his job.

"The inherent flaw of pyramid schemes is that they must always suck in new converts to avoid collapse, and the exponential growth in users is impossible to sustain. Bitcoin shares some of these features. It requires constant evangelism because its value derives from its use.

The limited supply of bitcoins then becomes a fatal constraint. The more people use it, the greater the price must rise, dissuading its use as a currency.".

So the Bitcoin pyramid scheme has run for 6 years, is this the longest running pyramid scheme in the human history?

Spending helps the circulation of bitcoin, it will increase its value. So hold some and spend some to make more people aware of bitcoin.

The banks will not want to replace fiat with bitcoin. With fiat, the supply is unlimited. They can leverage many times with fiat with borrowed money from Central Banks.

Silver is useful compliment to gold is that it is difficult to divide gold and silver is less valuable than gold. So it is more convenient to use silver in small transactions. However, bitcoin is divisible, there is no need for a silver.

I will hold most of my coins. If the price rises too much, I will sell some, and buy back when the price comes down.

Tugril

thanks

I eat five meals a day. We are hobbit. 

Tugril

thanks

Tugril

thanks