Just found my 2 year old son playing an imaginary game buying some milk from the shops. And I overheard what he was paying with 🤭

I originally made 10 videos for very close friends and family who I’d been trying to explain Bitcoin to… and failing miserably at it. So I put a serious amount of time and effort into thinking exactly what I would want to say to them and made them as concise as possible. I’ve turned it into a 2-hour compilation which is now basically the one video I’ll personally use to try and orange pill loved ones (when the time is right). There’s one riddle about exponential growth that completely rewires how you see Bitcoin. And no, it’s nothing to do with number go up - there are three ways Bitcoin actually uses this that most people never see. I also cover all the main threats to Bitcoin because I think it’s important to actually consider these. But I’ll share why there’s really only one existential threat that exists. And to be honest, most Bitcoiners actually contribute to it. I share resources and timestamped everything so people can find more information too. Even though it’s everything I would say to a beginner, it also opens the door for them to find their way down the rabbit hole themselves. (Because obviously we can’t actually say everything about Bitcoin in 2 hours.)

We have finally got the podcast onto fountain! The best online Bitcoin book club in the world (by default) starting with the Bitcoin standard

Fountain

The HODLing Room • The HODLing Room EP1: The Bitcoin Standard, Chapter 1 • Listen on Fountain

In this episode of the Hodling Room Podcast, hosts TC and Mike introduce their new venture, focusing on exploring Bitcoin literature, starting with...

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Omg @Jeff Booth this video is literally describing what you’ve been saying for years… His words around 8 mins: “And this has also got me thinking, what is going to happen with all of these AI companies? I don’t see how any of them will ever be profitable because they’ve all spent billions of dollars building these data centers to create these models. The second one of them creates something that’s amazing that people like me are willing to pay for like MidJourney, then the next one comes along and creates something a little bit better and just gives it away for free. So, on one hand, this is the most incredible technology humans have ever created. And on the other hand, it feels like we’re in the largest bubble in human history, and none of this is ever going to make any money. And in fact, all of us are going to lose our jobs, and we’re not going to have any money to spend on it anyway.” Things are about to get real crazy

I’ve avoided joining in this discussion until now because I didn’t really understand it. So I understand why some people may avoid it- But this is without doubt the biggest risk to Bitcoin right now (IMO). We have to do the work to figure this out. I’ve explained what’s going on in the way that made sense for me- I hope it can help someone else to see it too. Thanks to @Luke Dashjr @npub1wnlu...n3wr @Matthew Kratter @ForrestHODL for all their work in helping me understand this.

Can anyone help answer me this spending using bitcoin question please? Taxes with FIFO (first in first out) It could mean $1000 purchase costs you $170+ in taxes What’s the answer for people in this situation? Other than move somewhere else 🤷‍♂️ @Tony | thebitcoinway.com ⚡️ have you come across this? #vlog 3