If you’re new to #bitcoin and have not made your first transaction on the blockchain it can be pretty scary dealing with your public key and not understanding what goes on behind the scenes ➡️ https://thebitcoinmanual.com/articles/verify-btc-transaction/ In my latest post I take you through how a #bitcoin transaction works and how you can verify it every step of the day so you can have complete piece of mind that your money is not lost A great piece to share with first time…
I see that Jack Dorsey has resigned as CEO of #twitter and a lot of talk is around him focusing on #bitcoin full time which is excellent for the space! He already added Bitcoin to Twitter, cash app and Square and his launching TBDEX a bitcoin exchange soon so there’s definately movement there The new team taking over from Jack at Twitter seem to be very left leaning ETH shitcoiners lol too bad there goes Twitter they already putting in rules against certain memes which is so…
Understanding how #bitcoin wallets work will make sure you make less mistakes with them and don’t end up doing something you may regret 👉 https://thebitcoinmanual.com/articles/delete-btc-wallet/ I’ve been asked a lot about if you can delete a Bitcoin wallet and it really depends on the set up you chose! If you’re interested in learning more then check out my latest post, share it with your friends so we can all learn together
If you’ve heard about #hashrate when people talk about #bitcoin mining but don’t understand what it’s all about and why people are obsessed with the growth of the hash rate - > https://thebitcoinmanual.com/articles/what-is-the-bitcoin-hash-rate/ Then my latest post is just for you! I take you through what hash rate is where it comes form how it works, how you calculated it and why hash rate is so important to proof of work and the growth and security of the bitcoin network…
Did you know that #Bitcoin has smart contract features? - https://thebitcoinmanual.com/articles/hashed-timelock-contract-btc/ A lot of people claim bitcoin is slow and boring and boomer coin but Bitcoin has a range of smart contract functions for developers to use! One of them is hashed time lock contracts In my latest post I explain how this smart contract works and why this brings some interesting features to both bitcoin and it’s relative side chains
Stable coins have become a popular use case for blockchains and attracted a lot of capital into the space but it’s not all it’s cracked up to be 🔜 https://thebitcoinmanual.com/articles/stable-coins-are-still-a-shitcion/ I get stable coins have a value in the space and people need it but there quite a number of issues with stable coins In my latest post I break down the issues with stable coins and what you need to know if you are going to use them
If you want to mess around with the #bitcoin lightning network then I’ve created an intro guide for you! If you want to buy bitcoin directly on the lightning network - https://thebitcoinmanual.com/buying-btc/lightning/ Then you’ll find a host of services that allow you to do just that! The ecosystem is still very small but more exchanges are starting to support lightning which is encouraging to see Have you ever used the lightning network?
Ever since the free tip allocation went back to manual I see that the need to post to try and secure some of those tips is on the rise. That need to keep posting means the quality goes down drastically Even with my cleaned up feed it’s all recycled pictures of flowers and landscapes, screen shots of online shopping carts and just generally brain dead content It’s creating content for contents sake instead of having an incentive to say anything worth engaging with and it…
I’ve recently created a #newsletter where I curate all my writings on Bitcoin so if you miss my posts you can have them sent directly to you -https://www.getrevue.co/profile/thebtcmanual?via=twitter-profile-webview You can sign up for my newsletter here and get free #bitcoin content sent to you each week!
We live in a world of instant gratification everyone is looking to just consume more and more even if they don’t have the money to do it - https://thebitcoinmanual.com/articles/buy-now-pay-later-or-pay-now-buy-later/ Buying on credit and buy now pay later schemes shows the level at which people are willing to push themselves to continue to consume borrowing more from the future and leaving them with less for the future to satisfy the now In my latest post I go through this…
As #bitcoin becomes more integrated into the financial system we are seeing more products built ontop of it or using it - https://thebitcoinmanual.com/articles/what-is-a-bitcoin-futures-contract/ We already have futures contracts that are cash settled but what exactly is a future contract? How does it work? Why would people want to buy this product? In my latest post I break it down for you in simple and easy to understand examples
My thoughts on #bitcoin have had people call me a maxi and they think it’s an insult but I don’t see it that way at all! >> https://thebitcoinmanual.com/articles/btc-maxi-free-markets-answer-regulation/ Maxis are seen as close minded and jealous but it’s more than just arguing in bitcoin favour it’s a free market solution for the absence of regulation Check out my latest post on bitcoin maximalism and why I think it’s an important tool for the space
The lightning network is really starting to expand with more wallet options coming! If you want to play around with the #bitcoin lightning network you will need a wallet >>⚡️ https://thebitcoinmanual.com/security/lightning-wallet/ If you want to try out some lightning wallets you can check out the list above and download them for free! I’ve been using breez since I can also listen to podcasts using this app
I’ve seen a lot of talk this year that the 4 year bitcoin cycle would break and we would love into a super cycle 🚲>> https://thebitcoinmanual.com/articles/why-a-bitcoin-super-cycle-is-unlikely/ This would mean bitcoin smashes past predictions of 100k and keeps running but I would have to disagree with these ideas! I think this is all click bait moon boy and moon girl ideas If we look at the numbers and how Bitcoin works it looks highly unlikely and 50k is not a bad run for…
Have you ever heard of the OMNI networks? It was previously called master coin and was one of the first second layer solutions on top of bitcoin — https://thebitcoinmanual.com/blockchain/omni-chain/ #USDT is the biggest asset minted on this second layer and it has a large amount of Tether still on its network and yet it hasn’t taken off with people Check out my break down on the OMNI network and why this first layer two solution didn’t fulfil its promises
Do you know what a #DINO is? A project that says it’s Decentralized when in fact it is anything but the case 🦖 >> https://thebitcoinmanual.com/articles/dinos-will-go-the-way-of-the-dinosaur/ We all know how profitable it is short term to claim your project uses blockchain and money gets thrown at you but this is only as we discover how this asset class works Many of these projects will be exposed especially as government pressure grows on them Be careful of the projects you…
My first attempt at making orange chicken didn’t come out too badly I really enjoyed it and man and I stuffed lol
As more money flows into #bitcoin some governments may become hostile to it and want to either ban it in the country and even go as far as to seize it from citizens 💵💵💸> https://thebitcoinmanual.com/articles/can-bitcoin-seized/ If you’re worried about how governments can come after your bitcoin then check out my latest post on how to protect yourself and your Bitcoin from state capture
Using the internet had become second nature to all of us, I don’t think we can imagine a world without Internet once we become connected to it - https://thebitcoinmanual.com/articles/bitcoin-doesnt-need-internet/ A lot of people Who hate #bitcoin will say that it won’t work if the internet is down but that is not entirely true! Yes Bitcoin runs on the Internet and yes the Internet can be shut down globally or regionally but that doesn’t mean it completely stops bitcoin In my…
When it comes to your wealth privacy is reallt imperative you don’t want people to know how much money you have so why do we give the banks that power? ->> https://thebitcoinmanual.com/articles/bitcoiners-improve-anonymity/ With bitcoin you can break your ties with money and you can use it a way that hides your wealth from the world. No one will know you have that bitcoin and you can be safe from prying eyes If you want to know how to use bitcoin privately then check out my…
I see Elon is back to shilling doge again I really can’t believe time magazine pins him as person of the year. Lol what did he even do this year besides embarrassing himself with a bad haircut and another divorce and testifying in court about his financial mismanagement of the solar city deal? Humans really have memories of a gold fish and are caught up in his government subsidised company valuations! I don’t get why people have such a hero worshipping view of this guy His…
As much as shitcoiners are going to tell you that their coin is better then #bitcoin the reality is there won’t be a next Bitcoin -> https://thebitcoinmanual.com/articles/why-there-wont-be-a-next-bitcoin/ All you’re doing is gambling and that’s okay; if you like that sort of thing If you want to take risks go for it. A lot of people will say well the gains in shitcoins are better, sure but so are the losses and shitcoins are going to keep losing to bitcoin as time goes by If…
I created a list of exchanges where you can buy and sell bitcoin in Asian countries You can find it here ->> https://thebitcoinmanual.com/buying-btc/country/asia/ If anyone is living in an Asian country and can look at the list and let me know if there are any local options that i an missing I would appreciate it Please don’t recommend Global’s exchanges like Binance I am specifically looking for local exchanges
None of us really know what the future holds and if the last 3 years is anything to go by it’s really unpredictable but bitcoin soldiers on ->> https://thebitcoinmanual.com/articles/what-is-the-future-of-bitcoin/ In our latest post we go through the possible scenarios for bitcoin in the next few years and where we think it could go based on what we know currently
Getting into #bitcoin is not just about making money sure that is the attraction for most people but if you take the time to learn and dive deeper that is when you are truly rewarded >> https://thebitcoinmanual.com/articles/why-bitcoin-is-a-learning-experience/ The learning experience in bitcoin never needs and if you really want to get the most out of it you need to invest in yourself The more you learn the less chance you’ll make mistakes and the more chance of you getting…
Have you ever wondered what would happen if a government shut down exchanges? What would happen to your bitcoin or bitcoin in general? ->> https://thebitcoinmanual.com/articles/governments-shut-down-bitcoin-exchanges/ In my latest post I go through the various shut down situations, what you can do to protect yourself and why it’s so dangerous to leave your bitcoin on an exchange If you want to take those risks thats up to you but thinking that exchanges won’t destroy…
I see a lot of misunderstanding and misinformation online even from very smart people, so why is bitcoin so hard to get for some? ->> https://thebitcoinmanual.com/articles/why-midwits-dont-get-bitcoin/ I think that the push for uniform education has created a generation of smart people who were taught what to think and not how to think They don’t form opinions, they rehash others opinions and cannot reason from first principles In my last post I go though the various mental…
Not all counties haven been open and accepting of #bitcoin and some have been hostile to them! Several counties have banned bitcoin in some shape or form not that it really stops bitcoin in anyway - >> https://thebitcoinmanual.com/articles/countries-that-have-banned-bitcoin/ In my latest post I go through countries that have banned bitcoin the type of bans governments can place on bitcoin and what you can do should your government come out with a ban against BTC Is your…
I’ve recently launched my first ebook on #bitcoin and it’s completely free! This version is designed for users in the UK but really anyone can learn from it >> https://thebitcoinmanual.com/downloads/ebook/uk/ You can find the direct link to download it here! If you ever had trouble explaining Bitcoin to friends and family or need a little help getting started yourself this guide will help you every step of the way Check it out and let me know if you have any feedback
I think that all over the world affordable housing has become a problem as real estate especially in bigger cities continues to skyrocket in price making it harder for people to afford a home especially the younger generation +>> https://thebitcoinmanual.com/articles/why-bitcoin-could-make-real-estate-affordable/ In my latest Post I explore the idea that #bitcoins growth in absorbing the worlds monetary premium from various assets will help reduce the cost of housing over…
If you’ve gone down the #bitcoin rabbit hole long enough you will know that spending your bitcoin so early in the game is only going to end up punishing you in the future ->> https://thebitcoinmanual.com/articles/why-i-make-the-mistake-of-spending-my-bitcoin/ I prefer to save in bitcoin but that doesn’t mean I won’t find ways to spend it! Check out my latest post where I go over reasons why I would spend bitcoin so early in its price appreciation run
I went to see the new #Matrix movie and what a awful movie it was, it felt like a parody of the original and I don’t even know how they got people with any sort of integrity to make this you can obviously see it was poorly made 20 years on and the visuals look worse than the first movies, there was no story line, Keanu Reeves sleep walks through the movie and doesn’t look like his keen anymore The new characters are complete card board cut outs and offer Zero value to a very…
A lot of people that I talk to about bitcoin feel that they missed the bus since there is only 21 million and very few people can afford a whole coin they think it’s over ->> https://thebitcoinmanual.com/articles/the-fear-of-21-million-is-not-real/ I’m here to tell you that unit bias is silly and shouldn’t matter, what matters is how much purchasing power you’re storing not the number on the screen! People are so fixed on numbers that they can’t see the deeper concepts If…
Lol no shilling my lessons and words of wisdom today because well no ones going to bother reading them so all I would like to do is wish everyone a merry Christmas and hope you all have an amazing festive season wherever you are in the world
If you have some time off this holiday and you’re looking for some great bitcoin books to read then check out this list ~> https://thebitcoinmanual.com/downloads/books/ I’ve curated some of my favourite Bitcoin books so you can learn from some of the best in the field! My personal favourite has to be the fiat standard which came out recently. Have you read any books on #bitcoin? Which one was your favourite
When I speak to “cryptocurrency holders” or like I prefer to call them shitcoiners many will tell me that they are being smart by “diversifying” into other coins so they don’t have as much risk https://thebitcoinmanual.com/articles/crypto-diversifying-fallacy/ But this isn’t true when you leave bitcoin you are only taking on more risk. Since you’re buying an asset that is highly correlated it bitcoin and is a leveraged bet on bitcoin If you are going to diversify you should…
I can’t believe I have to boot up my computer tomorrow to do some work! Clients still need work done before the end of the year and I’m not in the mood to do it lol It’s such a bother but I accepted the job because it was easy money but at the expensive of having a holiday during the end of the year Since travelling isn’t a really the most attractive option these days I thought why not I’d be at home anyway but now I’m regretting it lol! I have a few days to finish all the…
investing is all about trying to get more for less, you want to preserve and grow your time so you don’t have to spend all your time working to acquire money —>> https://thebitcoinmanual.com/articles/bitcoin-gives-back-time/ I think with all the frenzy going on we lose sight of that and we want to chase money or rather numbers on a screen! Being rich seems attractive but what does being rich mean? Spending and owning a lot of stuff or freedom? To me it’s all about freedom…
If you’re falling for crypto trading or think you’re winning during your crypto trading then you clearly have no idea how the game is played you are sold a false idol ->> https://thebitcoinmanual.com/articles/crypto-click-trader-trap/ 90%+ or more people will not make money trading and you are competing against AI and firms that are specialists in taking your money! If you want to put in effort please go ahead and trade or you can check out my latest post and learn why…
The world of cryptocurrency is full of empty promises and ideas that will never become true but there is an incentive to push them because people will fall for it ->> https://thebitcoinmanual.com/articles/beware-the-shitcoin-snake-oil-salesman/ These snake oil salesmen will say anything to get you to buy their coins 🪙 so they can get your fiat and bitcoin Here’s how to identify a snake 🐍 in crypto and how you can avoid them and not lose money to their scams
If you’ve fallen for web 3 and the meta verse then I’m here to tell you that it’s the same old story we’ve heard before, in 2017 during the ICO boom ->> https://thebitcoinmanual.com/articles/web-3-metavers-repackaged-narrative/ Don’t let people sell you the same old story with a new name just so they can get your money! I know most people in crypto will believe this nonsense and are going to learn the hard way but don’t say I didn’t warn you
Happy new year to all you degens! If you’re a shitcoiner I hope you come around in 2022 and stop shitcoining and if you’re a Bitcoiner I hope you get to stack more Sats in the next year See you on the other side
@Cesc0410