From 29cfa9a7aed7b2219b36c811cb4c22272de19876 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?Peter=20=C5=A0urda?= Date: Mon, 20 Dec 2021 11:46:54 +0800 Subject: [PATCH] Bitcoin not crypto --- principles.md | 4 +++- 1 file changed, 3 insertions(+), 1 deletion(-) diff --git a/principles.md b/principles.md index 128dc1a..984832e 100644 --- a/principles.md +++ b/principles.md @@ -5,7 +5,7 @@ What to do and what not to do I picked these memes because they are easy to remember. There are a couple of others, but these are the most important for beginngers. -## 1. There's Bitcoin and there's shitcoin +## 1. Bitcoin not crypto The vision of Bitcoin is to be the best money there can be. This is achieved through focus on decentralisation. Without decentralization, someone could @@ -15,6 +15,8 @@ who determine the rules. There have been attempts in the past to change the rules of Bitcoin, and they failed. Changes in Bitcoin take many years to succeed and are more like optimizations than rule changes. +Altcoins, DeFi, NFTs + Some of these "shitcoins" are interesting from techological point of view, but they aren't suitable as money. Don't buy them, don't trade them. The best thing you can do is to educate yourself more about Bitcoin.