It is only those who are new to bitcoin that will still doubt bitcoin to this point when it is obvious that bitcoin will always bounce back no matter how low it goes. The last bear market actually tested the faith of many people but in the end, bitcoin bounced back stronger and better and that should show that bitcoin has come to stay. Even though jumped into the market at the peak of 2021 bull run were in good profit this year when bitcoin reached $73k, so it is just a matter of holding and never to panic and sell.

Don't forget about layer 4, 5 and 6

What a clusterfuck...

The challenges in LN are unfixable, first you would need to modify Bitcoin protocol which is written in stone.


Have you ever researched what 51% attack and centralization is ?

It's like talking to kids, what a waste of time.

Have you ever researched what the Difficulty Adjustment is?

Binance are run by scammers who were caught lying to their customers when they were trying to withdraw non-existent coins Binance have sold to them.
So stop advertising this scum.

Back when I first heard about Bitcoin, I didn’t have a credit card or a bank account so even though I would have liked to have invested in it I just didn’t have the means to do it. I considered doing an in-person cash trade through Local Bitcoins but I never really found the right opportunity.

Bitcoin just became too popular too fast and this is why most people missed out on getting in earlier. We can’t really change the past but we can still take advantage of future price gains by accumulating in the present.

While I do think that the coming ETF will do wonders for the value of Ethereum, that doesn’t necessarily mean that Bitcoin will lose its shine. This could very well be a case of a new emerging asset class attracting investment from traditional investors. As such, diversified options aren’t the worst thing. A rising tide lifts all boats.

Bitcoin is criticized either by cunning fraudsters and shitcoiners or by regular nocoiners who still live in the fiat matrix and do not yet understand what Bitcoin is and what money is. You need to understand that Bitcoin is not Visa or Mastercard; Bitcoin is a monetary network and protocol. Bitcoin Layer 1 is something like Fedwire; it is only used for settling high-value transactions. Further building can be done on Layers 2 and 3, etc. The Lightning Network can perform millions of instant transactions per minute, but there are still significant challenges. The problem is that Bitcoin is decentralized; there is no foundation, no one taking care of Bitcoin. This is unlike scam altcoins, which have entire teams of developers and marketing teams, and who have kept a large portion of the supply for themselves before launch, earning huge amounts of money which they invest in marketing and developers.

Peter Todd has actually been entertaining that idea of adding a tail-emission or extending Bitcoin's inflationary period indefinitely. But it's going to be very hard to convince the community, and many people believe that the network has ossified to the 21,000,000 total coin supply. But perhaps if the situation will be life or death for Bitcoin, the community might start to entertain a discussion of a tail-emission.


POS doesn't work.

https://youtu.be/NYPGub6XzjE?si=YnAFxEvDmKdsudAx

The same for other financial products that have risks associated with gains and losses. And for each financial market that someone will be involved with, there will always be losers and winners.

If it's about risk and gain, Bitcoin isn't different from the other assets and investment vehicles that have been known for so many years. While it's still considered as one of the youngest assets in the world.

This is a game for the new generation while many that prefer traditional investing and assets won't get into it. And this is the beauty of this game, it's not just for the young but also for everyone at any age.

Hardware wallets are more useful for frequent transactions but in a way your private keys are safe than on online wallets. If you do not want to spend the coins but hold it instead, you can create an airgapped device and install Electrum on it. Electrum is preinstalled on Tails OS. Create your wallet on the airgapped device, delete and reinstall the OS after you created and backup the wallet seemed phrase offline.

You can create the paper wallet and go for stainless steel or Titanium seed phrase backup option together with laminated seed phrase backup in different locations.