Without the White paper, no Bitcoin Genesis block and it makes the White paper important. Bitcoin protocol can be upgraded and Bitcoin has been developed a lot since 2009 but the White paper is where it was kicked off even before the Genesis block.

The origin of something is always most interesting and it is the same for Bitcoin White Paper.

By celebrating the Bitcoin White Paper, we can spend some time to read

Satoshi's lesson.

Faucets nowadays give you very tiny amount each claiming time and like you shared, it's 0.0000006 BTC for one claiming time. It does not enough to pay on chain transaction fee too.

Faucets have min time between two consecutive claiming to avoid exploitation and they also have a min amount for you to submit a withdrawal request. It is a time when they will proceed coin to your address.

If it is a faucet from casino, it is usually free coin for you to make small bet and it is a main purpose of casino faucet.

I disagree with people who are fans of YOLO but I agree that life is too short.

I would like to make saving that I will use to invest in Bitcoin but I don't hope to be billionaire with Bitcoin. If Bitcoin can help me to be richer, get a better wealth, it is enough for me. I will use some of profit from Bitcoin to enjoy my life that is what I agree with YOLO philosophy. It does not make any sense if we live a life without enjoying it when we have money.

But I disagree with YOLO that living without plan for future, saving for future is so risky.

Watch only wallet is for watch, watch your wallet balance, transaction history and nothing more. You can not send your bitcoin from a watch only wallet.

You can not create a new receiving address with watch only wallet because no private key there. You can import another receiving address but again, it is watch only.

You will have many points to improve privacy for your Bitcoin transactions
https://blockchair.com/bitcoin/privacy-o-meter

Is Bitcoin a Ponzi scheme?

It is not if you read the definition of Ponzi.

Ponzi scheme (wikimedia)
To do this, Ponzi operators have make promises to their potential victims that by investing money into their scheme, investors will get profit that usually is high enough to be attractive. To get money paying for first investors, it is easy but any Ponzi scheme has to rely on flow of money, inflow and outflow. If inflow is bigger than outflow, newcomers keep coming and spending money, the scheme will continue to work smoothly and operators can pay for late comers.

Unfortunately, all Ponzi schemes will end with inflow break by that outflow will become bigger than inflow and the scheme will come to a point of collapse. The whole Ponzi system will collapse quickly at that time.

There is no promised from anyone that you will get 10%, 20%, 50% APY with BTC, nobody pay you in any scheme so Bitcoin basically is not a Ponzi scheme but you must aware that some scammers will create their Ponzi schemes and add Bitcoin as one of their used assets for scam.

The participation of Deloitte is great because they are top four in audits and I see we actually need their participation in cryptocurrency market. They with their company sizes surely don't want to take risk with cryptocurrency because they know if they do something wrong with audits, their companies will collapse like Enron and their audit company, MCI.

MCI, Inc. (formerly WorldCom and MCI WorldCom)
Enron.

What do you think about future of Deloitte if they audited FTX and the exchange gone after a few days? Deloitte will go to the hell as well and I am sure they won't take risk with cryptocurrency companies, exchanges too soon.

Anyway this report from them is good signal that they are slowly changing their standpoint on cryptocurrency.

I think differently than you. I believe the new bull run will start with a Bitcoin halving in 2024 and that event will be shilled on media to warm up Bitcoin market several months before the halving, like the first quarter of 2024.

A few months after halving, market will be heated up enough and maybe we will have a first Spot Bitcoin ETF in USA. It, if approved, will be a final big news to help Bitcoin making a new all time high. Then we will go with another long bear market that might start in second half of 2025 and will end in middle or late of 2027.

You will have public addresses that you can use to receive coins or tokens sent to you by yourself (from your other wallets) or from other people.

Nothing calls as DeFi address!

Did you read this guide?
Blockchain.com Wallet 101: What is a DeFi wallet?
What is the difference between DeFi Wallet and Blockchain.com Account?

If you can not get a private key, confused to practice it, you can simply send coin, token to a new wallet that you have private key.

You can use other wallets too.
[BIG LIST] Ethereum Wallets (121 wallet). DeFi projects are built with smart contracts that work on EVM. Ethereum blockchain is a main blockchain for smart contract projects and many new altcoin blockchains start with ERC20 before their teams built their own blockchains.

Bitcoin talk forum allows users to protect their privacy and anonymity and you will not want to tell other members where you are living in. A nation is enough and a location like a province, city ... will like more risk to dox you.

Bitcoin talk is not a social media platform like Facebook, Twitter to show your check-in locations and lose your privacy forever. You can like this idea but I believe most of users are against this idea.

I wonder if you don't have enough health and time to do research for your investment, why are you here and make this post?

With this thread made by you, I think you can do your research, due diligently before invest in Bitcoin.

I really hope you don't want to invest in altcoins because they are so scam and your due diligent research many times will not help you to avoid scam altcoins. Stick with Bitcoin and save your time for research about it, risky for investment or not. At least it is a safest cryptocurrency for you to invest.

You will narrow your task to research on how to store your bitcoin safely.

Non custodial, open source wallet and you will be able to store your bitcoin safely.

Reminder: do not keep your money in online accounts

Binance is different than FTX. At least they proceed billions of user withdrawals smoothly and their exchange did not collapse after a few days like FTX because of insolvency. I don't know what will happen with Binance in future but based on the past, they are better than FTX.

They will surely comply with regulations if they want to keep their business running and I really believe they will not want to shut down their profitable business. Comply with governments and get more money from business operation is good enough for Binance.

The lawsuit from the Senator is not like FTX case.

Being self custody is a best for Bitcoin investors. You control your keys, you control your coins and you will not have to mind what will happen to any centralized exchange. Their collapses can cause Bitcoin market to crash but Bitcoin is not dead so its price will recover after black swan events.

If you store your bitcoins on centralized exchanges, anything bad happens to them will result in your loss.

Two choices, two big differences for your ending so let's make your right choice.

I did not a full document of the lawsuit and only what you quoted, that are points you want to discuss. From those points, I can say, in my opinion, the lawsuit means non sense.

It happens with all centralized exchanges, decentralized exchanges and stable coins or more expansion all cryptocurrencies. So why the Senator attacked only Binance and Tether companies?

First it is not a fair lawsuit case. Second, I don't see valid points to support the Senator to win the lawsuit against Binance and Tether companies.

They can have preventive layers to prevent or reduce money laundering as part of their AML procedure but they can not block all illegal money comes to their platforms. In the USA., their governments can not control guns and Gun Violence Archives still occur. So if they want to borrow that there are holes in Binance and Tether companies for dark money to come in for money laundering, to shut down those companies or with strict punishments, they are playing a dirty game.

If you store your bitcoin in non custodial wallet and you secure it, nobody can steal it or seize it and take it away from you.

Exception is if you use a malicious wallet that has back doors for developers to steal your bitcoin. So you have to be careful when choosing a wallet. Let's use open source wallet software because community experts can reproduce it from source code and review it.

Need a wallet?
Open source, non custodial to go.

Need a wallet review?
https://walletscrutiny.com/

Exception is if you made criminal activities and you get caught by police like Jimmy Zhong. Then they will be able to seize your bitcoin by getting your private key, of course they get it from you.

Bitcoin has high volatility and its rank on Top assets by market cap will change quickly.

I don't know where did you get this information, is it from any news website?

If you want to get it by yourself, you can use two following websites. By the way, Bitcoin has yet reclaimed its all time high about $70,000.
https://companiesmarketcap.com/assets-by-market-cap/
https://8marketcap.com/

They are making Bitcoin Spot ETFs and Bitcoin Spot ETFs in the USA. bigger than those services actually are.

Their exaggeration of Bitcoin Spot ETF importance instantly reminds me about some similar exaggeration in the past, with Bitcoin Futures. In 2017, Bitcoin Futures is something like dream and I can not forget how CME and CBOE Bitcoin Futures gave Bitcoin very last booster to its 2017 all time high.

After 6 years, now in 2023, what are importance of Bitcoin Futures?
How many Bitcoin Futures we have today in 2023?
More interesting question, how many Bitcoin Futures in 2022 when Bitcoin was below $16,000 that is lower than 2017 all time high?

Leverages are for gamblers and I say so because most of traders are not professional traders. They are not winners but losers and if they can not get profit from Spot trading, how do they get profit from Leverage trading?

I am sure they will lose more money to Leverage trading and even lose at faster rate than with Spot trading.

Trading altcoins are risky too and you have to choose altcoins will less risk of rug pulls, sudden inflation from their Mint functions to protect your capital. I am not sure what you did but with me, I prioritize Proof of Work altcoins than Smart Contract altcoins for Spot trading. I usually wait for each bull run to start trading altcoins when risk is smaller and at least I know most of coins will rise or don't fall in a market bull run.

Did forum already have a big thread for new users?

Newbies - Read before posting. That topic is pinned, it's a sticky thread. If a newbie is ready to learn, from that topic he will get many links to other educational, informative topics.

In Beginners & Help board, there are four sticky threads that are enough to start for newbies.

[Bitcointalk sticky threads] Newbies - read before starting.

Saylor is doing Dollar Cost Averaging for buying Bitcoin and he will apply DCA for taking profit his bitcoin too.

I agree with you that he is smart enough to not dump all bitcoins he has on the market with one order or within one day or a couple of days. Doing DCA for exit price will help him to get better profit by don't have to find market tops and can avoid panic on the market because of selling pressure from Saylor and Micro Strategy.

(SSS) - A Sane and Simple bitcoin Savings plan.

SSS plan looks good for Saylor to take profit.

I did not know about that information and I did not know about Stefan Thomas until this year when I saw a forum member posted about it, before OP of course.

I knew the second case that was repeatedly talked on media, the man who lost his disk in a landfill. I understand that people who lost bitcoin will try at best to recover their wallets until they can not breath.

With Stefan Thomas, it's so strange that he chose to use that risky method to store his wallet and he did not have other backups. Backing up wallets like this is very dangerous and I read many times and also advise many members that they must do some different backups of a wallet.