Dad: Son, what do you recommend to your friends? Son: Hi Dad, "Pay attention to Bitcoin and educate yourself." or "Invest in yourself, invest in Bitcoin." Dad: Son, why exactly this recommendation? Son: Because Bitcoin is the hardest money, the greatest monetary and technological revolution since the Internet itself. It's not a fad. Dad: I also believe that Bitcoin will not go away. Son: Bitcoin is here to stay — that's for sure – and it will transform money, the Internet and so much of the world around us. It's just starting... #Bitcoin

Dad: Son, how can I improvement my online security level? Son: Hi Dad, Use a password manager. This is the biggest single security improvement a person can make. I never click on hyperlinks in emails. Copy-verify-paste them. I use KeePass to store my usernames, passwords, and links to the login pages for each service. Dad: Where can I get this "password safe" app? Son: There you go,

KeePass Password Safe

KeePass is a free open source password manager. Passwords can be stored in an encrypted database, which can be unlocked with one master key.

#Bitcoin

Son: Hi Dad, If you want to know the truth: - Don't ask a banker about Bitcoin. - Don't ask a taxi driver about Uber. - Don't ask a hotel owner about Airbnb. Dad: Son, you're right, I'll keep that in mind. ;) #Bitcoin

Son: Hi Dad, Just a note regarding Bitcoin transaction fees. Do not overpay them... By reducing the fee you pay, you almost always reduce the fees other users have to pay. Dad: Son, makes sense, if one is not in a hurry. Son: Everybody wins, except the miners. #Bitcoin

Dad: Son, the market capitalization of gold is huge. Son: Hi Dad, Yes, but Bitcoin will surpass the market cap of gold and eat all its monetary value very soon. Dad: Maybe. But it will take a generation or two before Bitcoin will make gold irrelevant. Son: A generation or two of new Bitcoiners, yes. What if Bitcoin will make gold irrelevant within 5 years or so??? #Bitcoin

Dad: Son, how can you make a month's salary last forever? Son: Hi Dad, That's a damn good question! I have no idea. Tell me! Dad: It is quite simple. Turn it into bitcoin. #Bitcoin

Dad: Son, today I learned two things: 1. The "Federal Reserve" is not federal, and 2. The "Federal Reserve" has no reserves. Son: Hi Dad, Mind-blowing, isn't it? Fascinating that they still buy it. Dad: The dollar? They? Son: Yes, it is fascinating that so many people still buy and hold dollars.In contrast to the dollar, Bitcoin is a full reserve banking system, which is not federal either.This is good for Bitcoin.So, you better buy and hold some BTC instead of USD. #Bitcoin

Dad: Son, managing a stock portfolio is a complex and time-consuming business. I do not like it. Son: Hi Dad, Buy bitcoin, and you will have a simpler life. Dad: What percentage would you invest? Son: Doesn't matter. 100% of your wealth will be in bitcoin anyway – no matter how much you have. Dad: I do not understand...... Son: Soon you will, Dad. #Bitcoin

Son: Dad, when it comes to internet money, you should never use, generate or input private keys online. Dad: Son, you have already mentioned that. #Bitcoin

Dad: Son, what is a "block explorer"? Son: Hi Dad, A block explorer is a website, a tool, that is used to view bitcoin transaction details, unspent transaction outputs (UTXO) and addresses online. Dad: So, is it something like a blockchain browser?? Son: Yeah, a blockchain explorer can be used to follow transactions in the graph until they end in an unspent output, an UTXO. These UTXOs are the actual bitcoin, the "data which have value". Dad: Let's play a game. Who will find the address with the most bitcoins – you or me? #Bitcoin

Dad: Son, how are you investing in Bitcoin? Son: Hi Dad, There are many ways to invest in Bitcoin. One of them is to save in bitcoin. #Bitcoin

Dad: Son, don't ask a cab driver about Uber or a central banker about Bitcoin. Son: Hi Dad. Stop. Telegraph decoded. Stop. You too, have a fantastic day! Stop. #Bitcoin

Dad: Son, when am I going to understand Bitcoin fully? Son: Hi Dad, No one fully understands Bitcoin, not even Satoshi. #Bitcoin

Dad: Son, why Bitcoin? Son: Hi Dad, Fiat is broken and they can’t fix it. Bitcoin works, and they can’t break it. Dad: Okay, agreed, but what about gold? Son: The century between the gold standard and the Bitcoin standard – the fiat money interregnum – is the real anomaly of history. Dad: And what about "the next Bitcoin"? Son: The "next Bitcoin" does not and will never exist. #Bitcoin

Dad: Son, what is the best application for lightning? Son: Hi Dad, Bitcoin payments and killing shitcoins. #Bitcoin

Son: Dad, Bitcoin fixes this! Dad: Son, what? Bitcoin fixes what? Son: Everything. Fix the Money, fix the World! #Bitcoin

Dad: Son, do you have any idea where I can hide my Bitcoin seed recovery phrase? Son: Hi Dad, No, but I can tell you many bad hiding places that are used by many and therefore known to burglars. Under the mattress, master bedroom, bedroom closet, drawers, safes, cabinets, refrigerator/freezer, toilet tank, vases, and suitcases. These places should be avoided. Dad: What's wrong with suitcases? Son: Surprisingly, people use a suitcase as a not-so-secure safe. Burglars know this. #Bitcoin

Dad: Son, who created Bitcoin? Son: Dad, no one actually knows... Dad: What? No one knows who created Bitcoin?! Son: I doubt anyone knows who created Bitcoin. It seems to be one of the best kept secrets of modern times. But we do have a name: "Satoshi Nakamoto". This may be a person or a group of persons. Dad: But Bitcoin has to come from somewhere, right? Son: Yes, Bitcoin did have a prehistory. There are eight references listed at the end of the Bitcoin white paper. Would you like to take a look? #Bitcoin

Dad: Son, so, Bitcoin is open-source? What does this mean exactly? Son: Hi Dad, The term open source refers to something anyone can independently review, modify and share because its design is publicly accessible. Dad: So, everything is public and there are no secrets, except your own? Son: Your private keys are private, of course. Everything else is public and auditable. In this beautiful asymmetry lies the true power of Bitcoin. #Bitcoin

Dad: Son, what is the difference between altcoins and Bitcoin? Son: Hi Dad, Bitcoin would be here without shitcoins. in contrast, shitcoins wouldn't be here without Bitcoin. Dad: And further, maybe more technical or long-term? Son: Bitcoin is relevant, the rest isn't. Dad: Son, so you do not see any investment opportunities in altcoins? Son: No, not at all. Dad, don't waste your money and time on irrelevant thing. There is just Bitcoin. #Bitcoin