What is Bitcoin? WHY USE BITCOIN?
Bitcoin key aspects:
– Bitcoin is a new form of money P2P, decentralized,
PERMISSIONLESS
that nobody controls; it is developed as an open, col- - BTC can settle payments P2P (person to person)
laborative project. You don’t need anybody’s permission to use it
- BTC can cut out the middleman of banks and rent OPEN SOURCE
- A purely peer-to-peer version of electronic cash would seeking. Banks can charge to hold, send, and receive Anybody can participate in developing the code
allow online payments to be sent directly from one party and much more. Their legacy business model is predi- UNCONFISCATABLE
to another without going through a financial institution. cated on debt bondage. Nobody can take it without your permission
CENSORSHIP RESISTANT
- Bitcoin is a sovereign currency in every aspect. - BTC is a peaceful way to opt-out of the govern-
ment surveillance panopticon. It allows any sovereign Nobody can stop, ban or filter your addresses
Bitcoin’s energy expenditure is key to a provably fair individual the optionality of not funding government LIMITED SUPPLY
and secure network violence. There will only EVER be 21Million BTC
BORDERLESS
All money needs to be provably scarce and difficult to - BTC is a wealth transfer mechanism to future gen- Accepted Worldwide, cross-border payments
counterfeit. Bitcoin’s power usage allows people any- erations, free from the leaching and insidious nature
ALWAYS AVAILABLE
where on earth to legitimately participate in the Bit- of taxes from overburdensome regimes.
coin network without censorship. Mining gives incen- The nodes and miners NEVER stop working
tives for the cheapest power; currently the cheapest - BTC is not some get rich quick scheme; it is a “not IT’S YOUR PROPERTY
power on earth is renewables and stranded energy. get poor slowly” tool. Is not an IOU and is not somebody else’s money
IT’S YOUR VOICE
If you own Bitcoin “If you’re not paying for it, It is free speech; by using it, you are heard
YOU OWN THE ENERGY OF YOUR LABOR IN You become the product” YOUR KEYS = YOUR BITCOINS
THE FORM OF THE HARDEST MONEY EVER
KNOWN So keep them private and in your possession
- BTC has fees to use and secure the network.
BE YOUR OWN BANK
These fees act as a financial incentive to include
Act accordingly; think like a bank
one transaction over another. Fees directly tie to
the underwriting of Bitcoin’s security. They guar-
antee a robust future market, allowing miners to
further invest more capital into Bitcoin’s security.
- BTC forces the shedding of excess overhead tradi-
tionally associated with traditional government fiat
issuance.
- BTC acts as a check against banking cartels and des-
pot governments.
We use BTC because FUCK the banks!
Average no-coiner Michael Saylor
Fiat money saver CEO Microstrategy
Hope.com
NC: It’s not backed by anything!
MS: Wall of encrypted energy and cyber hornets
NC: It’s not controlled by anyone!
MS: That’s exactly why it works and what makes it better
than legacy networks.
NC: Gold is better. 5000 years! RESOURCES:
MS: Gold is only relatively scarce, Bitcoin is absolutely - Bitcoin.org - Official page
scarce. Also more durable, divisible, portable and recog- - Bitcoin.page - Resources about Bitcoin
nizable. - Bitcoiner.guide - Guides and tutorials
- Lightning.how - Lightning Network Resources
NC: Too volatile! - Hope.com - Bitcoin Resources & Course
MS: Equities have been more volatile this year, especially
- Bitcoin.directory - all sorts of info
given Bitcoin’s size
WHERE TO BUY BITCOIN:
NC: Governments will ban it! hodlhodl.com - P2P no KYC
MS: Geographic arbitrage kraken.com - KYC centralized
azte.co - vouchers LN
NC: Criminals use it! nicehash.com - LN support
MS: It’s not anonymous, it’s a public ledger binance.com - KYC centralized
relai.ch - no-KYC
NC: Uses too much energy!
MS: Legacy finance uses orders of magnitude more
coinfloor.co.uk - simple to use
luno.com - simple mobile app
NC: Quantum computers! BITCOIN WALLETS:
MS: Nuclear launch codes and Nasdaq will go down be- bluewallet.io samouraiwallet.com
fore Bitcoin phoenix.acinq.co electrum.org
breez.technology wasabiwallet.io
NC: It’s not anonymous!
HARDWARE WALLETS
MS: It was never anonymous, it’s a public ledger
coldcardwallet.com trezor.io ledger.com
