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Author Topic: Thank you Bitcoin  (Read 189 times)
Alphakilo (OP)
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July 13, 2023, 10:18:12 AM
Merited by Doan9269 (2)
 #1

I would never had thought that bitcoin would take me on a journey into life long and continuous learning. I am always amazed by the level of knowledge myself and my peers have been exposed to since we invested in bitcoin. Our non-technical background hasn't stopped me from stretching myself to learn about the universe of discipline that is embedded in bitcoin.

Understanding market trends has made me dabbled into probability and statistics. The concept of 21 million bitcoins supply cap has pushed me to learn and understand more about economics. The law of scarcity, supply, demand and the concept of money. My journey into bitcoin has lead me to learn about computer science while trying to understand how blockchain works, peer-to-peer networks. I have been also able to learn about on-chain analysis through using transaction data to make prediction of the market and  public sentiments. I have likewise been able to gather knowledge in relation to bitcoin concepts like signatures, keys, hashes, wallets. These fall under cryptography that plays a huge role in safeguarding our bitcoin transactions. I will not fail to mention how because of bitcoin I have taken a dive into the world of finance, through learning how bitcoin can help improve the problems faced by financial system and well as bringing about financial freedom. Lastly, I have been able to learn how Bitcoin protocol leverages game theory to ensure network security.

Please note that I don't know it all but I can have a light conversation on each of this disciplines in respect to bitcoin.
Thank you Bitcoin.

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July 13, 2023, 10:30:07 AM
 #2

This Topic perfectly belongs to Bitcoin Discussion board and here is nothing special for beginners or about help. So you should move to that Board.
Anyway great to see that you are learning about Bitcoin and enjoying too. You have learned a lot from Bitcoin and obviously we also learned about the future of finance or currency. I feel most attractive about it's decentralization and that was the first reason to love Bitcoin and also it's potential growth. I also want to thank Bitcoin for my little journey with a lot of learning.
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July 13, 2023, 10:43:14 AM
 #3

The concept of 21 million bitcoins supply cap has pushed me to learn and understand more about economics. The law of scarcity, supply, demand and the concept of money.
Only scarcity does not make a high price for Bitcoin. You must learn more to know why Bitcoin is favorite than altcoins, Bitcoin forks and why with same total supplies like Bitcoin, Bitcoin Forks don't have same price as Bitcoin and many of them are dead coins.

Some forks and you can check like 5 forks to see their prices as well as check their network hashrates.
https://blog.bitmex.com/44-bitcoin-fork-coins/

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July 13, 2023, 12:22:53 PM
 #4

I would never had thought that bitcoin would take me on a journey into life long and continuous learning. I am always amazed by the level of knowledge myself and my peers have been exposed to since we invested in bitcoin. Our non-technical background hasn't stopped me from stretching myself to learn about the universe of discipline that is embedded in bitcoin.

Understanding market trends has made me dabbled into probability and statistics. The concept of 21 million bitcoins supply cap has pushed me to learn and understand more about economics. The law of scarcity, supply, demand and the concept of money. My journey into bitcoin has lead me to learn about computer science while trying to understand how blockchain works, peer-to-peer networks. I have been also able to learn about on-chain analysis through using transaction data to make prediction of the market and  public sentiments. I have likewise been able to gather knowledge in relation to bitcoin concepts like signatures, keys, hashes, wallets. These fall under cryptography that plays a huge role in safeguarding our bitcoin transactions. I will not fail to mention how because of bitcoin I have taken a dive into the world of finance, through learning how bitcoin can help improve the problems faced by financial system and well as bringing about financial freedom. Lastly, I have been able to learn how Bitcoin protocol leverages game theory to ensure network security.

Please note that I don't know it all but I can have a light conversation on each of this disciplines in respect to bitcoin.
Thank you Bitcoin.

this is what’s good about having the confidence. you are not speeding up your process to make money. you just simply go with the tide of your own development. That’s is a great advantage in terms of crypto. The fact that there is unlimited and lots of opportunities also means that It is a self phase learning. 10 years delving into this will surely be fruitful because learning is continuous.

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July 13, 2023, 12:34:43 PM
 #5

Thanks for sharing your story. One thing is for sure, discovering bitcoin & making it a big focus in your life never made anybodies life worse, that’s for sure. This forum is a great place to learn & share experiences, get queries answered etc so be sure to stick around. The more people we have in the community here, the better it is.

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July 13, 2023, 12:58:46 PM
 #6

Good for you @OP, knowledge is always powerful and having the right knowledge can be very useful. it is true that when you get involved in btc you find yourself learning some of the basic technical terms that will assist you in exploring the space. I can see you have done yourself well with all the right knowledge, i encourage you to continue on that part.
Bitcoin and blockchain is an exciting tech and the more you inquire the more interesting it becomes.

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July 13, 2023, 01:05:29 PM
 #7

Thanks for sharing your story. One thing is for sure, discovering bitcoin & making it a big focus in your life never made anybodies life worse, that’s for sure. This forum is a great place to learn & share experiences, get queries answered etc so be sure to stick around. The more people we have in the community here, the better it is.
Kind of weird that you're focusing all of your energy in bitcoin, I'm sure there's more to life than just looking at charts and the price of bitcoin from time to time. I agree with your 2nd sentence though, this forum is a great place for all of that, all I've learned about bitcoin and other cryptocurrency, I learned it here first and did a little reading on articles after learning about something here.
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July 13, 2023, 02:52:25 PM
 #8

I would never had thought that bitcoin would take me on a journey into life long and continuous learning. I am always amazed by the level of knowledge myself and my peers have been exposed to since we invested in bitcoin. Our non-technical background hasn't stopped me from stretching myself to learn about the universe of discipline that is embedded in bitcoin.

Understanding market trends has made me dabbled into probability and statistics. The concept of 21 million bitcoins supply cap has pushed me to learn and understand more about economics. The law of scarcity, supply, demand and the concept of money. My journey into bitcoin has lead me to learn about computer science while trying to understand how blockchain works, peer-to-peer networks. I have been also able to learn about on-chain analysis through using transaction data to make prediction of the market and  public sentiments. I have likewise been able to gather knowledge in relation to bitcoin concepts like signatures, keys, hashes, wallets. These fall under cryptography that plays a huge role in safeguarding our bitcoin transactions. I will not fail to mention how because of bitcoin I have taken a dive into the world of finance, through learning how bitcoin can help improve the problems faced by financial system and well as bringing about financial freedom. Lastly, I have been able to learn how Bitcoin protocol leverages game theory to ensure network security.

Please note that I don't know it all but I can have a light conversation on each of this disciplines in respect to bitcoin.
Thank you Bitcoin.
It’s quite inspiring and impressive to hear how bitcoin has affected you in the positive light, to also see how your nontechnical background hasn’t affected your exploration and understanding of the complex concept of bitcoin. For me, at the beginning, it was quite challenging for me to understand the concept of bitcoin as a whole, but as you stated, with dedication and understanding to the trends, I was able to begin to assimilate. And of course, it only gets better with time.

This Topic perfectly belongs to Bitcoin Discussion board and here is nothing special for beginners or about help. So you should move to that Board.
I don’t quite get what you mean but this is Bitcoin Discussion board, same board you’re referring the OP to.

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July 13, 2023, 03:35:02 PM
 #9

I would never had thought that bitcoin would take me on a journey into life long and continuous learning. I am always amazed by the level of knowledge myself and my peers have been exposed to since we invested in bitcoin.

If I must confess on this as well, knowing about bitcoin does not end with making a bitcoin investment only, it's also about how we can get exposed in many ways to know about the recent ongoing development in the world, it's an avenue for an exposition into diverse opportunities in life which others may not have seen except they join the league for an adoption.

Our non-technical background hasn't stopped me from stretching myself to learn about the universe of discipline that is embedded in bitcoin.

It's also very paramount to know that bitcoin has many areas and applications where one can build on and get developed, if you're the technical aspects oriented person then it's provides you more ways to fully express your abilities and discover more and same applies to other areas of bitcoin learning which are non technical.




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July 13, 2023, 04:17:38 PM
 #10

We're all feeling the same and grateful that we've known about Bitcoin. Likewise, I am not good in finance and economics but then having Bitcoin and being introduced on it gave me a glance and reason to learn the basics of it.

I don't know all of it as well but the best thing here is that we continue to learn day by day.

Mostly, everyone is thankful because of how Bitcoin has helped us financially and we don't have to hide that reason when before no one touches it and think that it's just for the crooks and illegal transactions.

Now, the world has embraced and keeps on embracing it.



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July 13, 2023, 04:32:49 PM
 #11

Isn't it quite a relief? You acknowledge that you have limited knowledge about money, and then there's Bitcoin, with a contrasting monetary policy compared to modern money. It operates in a much simpler manner than modern money, with greater transparency, without the need to trust corrupt politicians. Providing you an opportunity to enhance your critical thinking on this subject.

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robattfield
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July 13, 2023, 04:41:05 PM
 #12

Not only about the issue of profit earned, but actually it has brought more vision of life to everyone, as OP mentioned some issues that help her to understand better, in my case, I have also realized that my life has changed in a much more positive direction, maybe not good enough, but I also realized that some views in my life have been misunderstood quite a lot. And bitcoin or communities like this forum offer the opportunity to exchange knowledge and explore things without limits.
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July 13, 2023, 04:45:04 PM
Last edit: July 13, 2023, 05:31:27 PM by Ucy
 #13

Ofcourse, Bitcoin is really nice and a great alternative to an unfair, centralized, closed, limited and rigged system that's built to benefits certain people & further certain agenda. Bitcoin is a clear opposite of this, as it's open, fair and benefits every participant equally just like the sun in the sky benefits all community members equally.

The idea behind game theory is contrary to Bitcoin ideals. Its competition is fair, and no one gains undue advantage. Maybe the theory should be redefined to mean Healthy Competition for the benefit of the Community or all participants, and your submission concerning the g.theory would be considered. Being selfish is harmful to the System/Network, those who work most for the good of network benefit more. This is unlike the concept of game theory.
Bitcoin rules treat everyone equally, whether poor or rich. It provides equal opportunities too . And both poor and rich are rewarded equally, according to the size of their contributions.
When it comes to its principles, everybody rights is equally protected... It's consensus mechanism(Proof of Work) is fair and just.
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July 13, 2023, 05:02:17 PM
 #14

Upon learning BTC, it also opens your mind to different topics as to why it was created and why it will be successful. It's one of the amazing things that let you see how messed up the current monetary system is.

Don't miss out on the conspiracy theories behind BTC and the conspiracy theories ahead. Some things are just worth learning unfortunately they are not yet to be taught in schools. Bitcoin may soon be taught depending on where it could go. If the asset is to be assumed the global currency, then maybe schools will begin to teach it.

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July 13, 2023, 05:17:21 PM
 #15

OP, from your thread what I have come to understand is that whoever wants to learn about bitcoin and has that zeal to do so would always be happy and grateful that he has known something unique. Bitcoin has various aspect of learning compare to fiat currency. I have also been grateful to the day that I first registered on this forum to learn about bitcoin. In bitcoin learning never ends just like the way we learn everyday through life experience,I hope that you have also made up your mind to have a strategy on how to hold your bitcoin investment portfolio for a very long time. That is what we call fixed deposit.
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July 13, 2023, 05:38:37 PM
Last edit: July 13, 2023, 05:48:45 PM by komisariatku
 #16

I would never had thought that bitcoin would take me on a journey into life long and continuous learning. I am always amazed by the level of knowledge myself and my peers have been exposed to since we invested in bitcoin. Our non-technical background hasn't stopped me from stretching myself to learn about the universe of discipline that is embedded in bitcoin.

Yes, you are right, Bitcoin is a journey of a lifetime. Bitcoin will not be settled overnight, a month or a year. There are so many things we always have to learn about bitcoin. Even though it looks simple, bitcoin is not just a currency or an asset, we must always be updated about developments, news and market sentiment. Bitcoin forces us to always study and learn, so that our competencies are always upgraded

Hopefully what you've learned will guide your steps in life and investing in bitcoin. we always believe that bitcoin and change the global financial system, even though it is quite difficult, let the time will tell.

Don't miss out on the conspiracy theories behind BTC and the conspiracy theories ahead. Some things are just worth learning unfortunately they are not yet to be taught in schools. Bitcoin may soon be taught depending on where it could go. If the asset is to be assumed the global currency, then maybe schools will begin to teach it.

Regarding the conspiracies behind bitcoins, I think they are endless. There has been much speculation in the bitcoin conspiracy.

Yes, maybe in the next 5 or 10 years bitcoin can be learned in school. maybe

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July 13, 2023, 06:24:59 PM
 #17

Bitcoin has made our financial life better daily and as we keep learning about Bitcoin the desire to keep pushing and learning more has made us not to relent in our basic pursuit of finances and freedom coupled with the alternative role Bitcoin provide and allows us to make financial transactions even to unbanked without any limit.,  what the knowledge of Bitcoin has brought for us is a wider concept of financial inclusion that need to be properly studied to see and actualize its total potentials.


This forum serves as a breeding ground for new cryptocurrency enthusians who seek to broaden their general knowledge of Bitcoin and its potential support to the financial sector and individual lives.

R


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CryptSafe
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July 13, 2023, 06:42:13 PM
 #18

OP seems really taking time to building and developing his or her capacity in the blockchain technology and bitcoin to be precised. This shows how much passion and patience OP is putting to getting through to gaining insights and knowledge about bitcoin and blockchain as a whole.

I believe this is just the beginning of the learning process OP because as years passes by more development emerges on bitcoin and blockchain. You should remember that learning and development is not static but dynamic and as such continuous learning to be abreast of the modern innovation and technology is absolutely important.

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khiholangkang
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July 13, 2023, 06:45:39 PM
 #19

You haven't been in this forum for long but you have the knowledge , That's a great achievement OP, you can understand how bitcoin works, even though it's still fairly basic but you are quite advanced than people who treat bitcoin only as a trading tool for search profit only, but you do it while learning what bitcoin really is and how it works.
If you go into it again maybe you will become someone who is smart in discussing bitcoin, and I want you to share knowledge about what you understand in bitcoin which makes your position better today, maybe you will be interested in becoming one of the bitcoin teaching influencers on social media , which I think is very useful for most people.

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July 13, 2023, 06:57:46 PM
 #20

Indeed bitcoin has elevated you and I would to think that no knowledge is waste and thats why I don't ever have regret in putting my whole time here to learn these stuffs although am a lab scientists by educational profession but my stay here has also improved my view and towards so many economical aspects of life. BTC and this forum is just the right place to learn so many new things although there are so many out there spreading the FUD and I only wish they would get a chance to gather the real information about all this here in the forum. Myself I had wrong view about bitcoin and you can't blame because of what is going on out there in some social media platform.

R


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