The best way to effectively store large number of bitcoins is by educating yourself on the different ways to store Bitcoin. This will force you to learn what private and public key encryption is, as well as cryptographic digital signatures that help verify txns, etc
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The irony is too much for me to handle because I remember him giving a speech on why BTC is better than gold because gold is so primitive in that it takes billions of dollars to dig it out of the ground and then lock it underground in vaults. Now he is trying that is where BTC is stashed. I don't care how much you mine and what cold storage setup you have you do not need vaults underground.
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Not much man. Bitcoin is becoming less volatile with every attack and time of uncertainty on the network and within the markets. Just buy the dip if you can.
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Exactly, that will be something you regret for the rest of your life because FIAT money is worthless and bitcoins are so worth saving it's not even funny. Whatever you sell you're gonna kill yourself in like 10-20 years.
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You should choose Bitcoin because it's the best kind of money that exists on this planet today. It is about time technology was allowed to flourish in money, rather than using that stifling fiat money.
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Bitcoin can help the community by giving everyone a fair chance at having a say. When you hold bitcoins you hold value on a global network and that means a lot.
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That is correct you should never trust them. They are the ones who are in control and they are the ones who own the money. You are the debtor, they are the creditor.
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Well there are some countries that actually already are Bitcoin friendly like Australia, Japan, etc. The problem is if they try and tax people for their money. Then there won't be a reason for people to declare.
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European Union can try and do whatever crackdown they want but it is impossible to stop Bitcoin because it is just math and code and you can't order people move their coins unless you have their private keys.
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People scam because they see it as a way to get $ quickly and easily. They do it to take advantage of the less educated. The more you learn, the less you'll get scammed.
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The price of Bitcoin matters immensely, I cannot stress it enough. This means this is what the GLOBAL free market VALUES Bitcoin at which is a big deal because it's more than anything else right now.
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Probably the country with the least to lose but then again they are probably already buying BTC on the lows. So probably a big government then so they can get people to convert their fiat money into Bitcoin.
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You should most certainly not stop buying BTC as it is your gateway to having a say in the future. It will give you a chance to have a voice loud enough that people will hear what you have to say.
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In the event of my death I would have given my 12 word seed to someone I loved and trusted and they will be able to recover whatever funds I have that way.
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The way you double your money with BTC is simple. You buy 1 and don't use it. In a year or two you will have doubled it. In 5 years well then you're really going to be smiling.
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Yes Bitcoin is on it's way to becoming the world's reserve currency as it is a superior choice than gold and for sure the US dollar. Get them while you can, especially under 10k.
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Yes I believe digital currencies will replace FIAT money as it is more suitable for the modern world. Also the world needs an independent currency separate from people and organizations in power that use the current centralized money system.
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The future of paper money is looking extremely bleak right now. As a matter of fact, it is slowly dying away never to be used again. Can you believe that? Worthless USD cash, it all has to be gov'd digital currencies? Lol you'll wish you have Bitcoin then.
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As long as you have access to those private keys in your bitcoin wallet you are in control. Nobody can force you to do anything! Not even if this person has a robe and a gavel.
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I don't think billionaires invest in BTC because they do not believe in it. They are still naive and believe in the dollar or gold. That is fine with me that'll give me more chances to buy BTC for cheap.
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