Bitcoin not crypto
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@ -5,7 +5,7 @@ What to do and what not to do
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I picked these memes because they are easy to remember. There are a couple of
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I picked these memes because they are easy to remember. There are a couple of
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others, but these are the most important for beginngers.
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others, but these are the most important for beginngers.
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## 1. There's Bitcoin and there's shitcoin
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## 1. Bitcoin not crypto
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The vision of Bitcoin is to be the best money there can be. This is achieved
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The vision of Bitcoin is to be the best money there can be. This is achieved
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through focus on decentralisation. Without decentralization, someone could
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through focus on decentralisation. Without decentralization, someone could
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@ -15,6 +15,8 @@ who determine the rules. There have been attempts in the past to change the
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rules of Bitcoin, and they failed. Changes in Bitcoin take many years to
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rules of Bitcoin, and they failed. Changes in Bitcoin take many years to
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succeed and are more like optimizations than rule changes.
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succeed and are more like optimizations than rule changes.
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Altcoins, DeFi, NFTs
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Some of these "shitcoins" are interesting from techological point of view, but
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Some of these "shitcoins" are interesting from techological point of view, but
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they aren't suitable as money. Don't buy them, don't trade them. The best thing
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they aren't suitable as money. Don't buy them, don't trade them. The best thing
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you can do is to educate yourself more about Bitcoin.
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you can do is to educate yourself more about Bitcoin.
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