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Bitcoin not crypto
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Peter Šurda 2021-12-20 11:46:54 +08:00
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principles.md
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@ -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.