coolstacker

bitcoin

The benefits of no-KYC Bitcoin | Freedom.Tech

sethforprivacy

That's a privacy problem. Not a fungibility. Fungibility is when all the units of the system are equally valuable, which is true. Every bitcoin can be traded with $68k, or its respective exchange rate in other currencies. 

alter_native

What advice would you give to a 20-years old Bitcoiner?

If everything else is depreciating, then it is appreciating in exchange with anything else. 

Good money is store of value, that's why I used the term "hold". And, it's beyond store of value, it's appreciating every year on average. 

First Comment Wins (Almost)

Short introduction about me: I'm 20. I'm stacking sats since 2020. Without revealing too much personal info, I'm engaging in some Internet jobs, getting paid in bitcoin, and that's all my income, which is currently around $700 a month (yeah, I'm living off bitcoin). I can't put all of it in bitcoin, because I need to survive. I live with my parents to avoid wasting money on rent, and I spend for food and night outs, basically, whenever these occur. Also, I'm studying computer science, and I think I do well, even though no particular subject interests me as much as Bitcoin. 

I've reached a decent amount, but nowhere close to what I'd have reached if I had entered the space a few years earlier. If only I was a little older, I'd now have around 5-10 bitcoin. I'm convinced bitcoin is the future of money, and if I hold it for another 10-15 years, I'll be owning a very valuable asset, which may even allow me to retire in my thirties. 

However, none of my close people is interested in bitcoin. Therefore, I have no relatives or friends of mine, to whom I can entrust this information and ask them for their advice. This might sound a little unnecessary for the 30-, 40- and 50-years old who might be reading this, but I just want to remind you that when you're so young, you tend to do mistakes. Like *very often*. You've been dropped in a very complex world, you have to make sense of how the world works, make money, study, enjoy life, and all that with only 2 years of experience as an adult... So yeah... An advice from a wiser person wouldn't hurt. 

I've been interacting online with people who may even own 500 bitcoin, because they were oranged pill in like 2012. I feel like I envy their timing, but on the other hand, I think that I possess something invaluable; youth. I'm 20, God damn it. I have my entire life in front of me. 

What advice would you give to me, a 20-years old passionate Bitcoiner? Think of it as talking to your 20-years old self. What mistakes would you advice him to avoid?