Son: Dad, I taught my kids that: "The more you learn, the more you earn, the more you stack, the more luck you will have." Dad: Son, "The amount of good luck coming your way depends on your willingness to act." That is a quote from "Barbara Sher" which basically says the same thing. Son: .., but without Bitcoin – a huge difference. #Bitcoin

Dad: Son, two bitcoin are better than one. Son: Hi Dad, That's true, but some is better than none. #Bitcoin

Dad: Son, don't we need central bank digital money? Son: Hi Dad, Nah. Bitcoin makes sound money accessible to everyone. Also, CBDCs are a currency, not money. Bitcoin provides access to a simple, cost-effective, risk-free and trusted digital means of payment that is accepted all over the world. We don't need central bank digital currencies. #Bitcoin

Dad: Son, I had to ask my bank to approve a payment. This was incredibly annoying, and I wasn't even conscious of it before. Bitcoin frees people. Son: Hi Dad, Fuck banks... I know this oppressive feeling well. It's not only payment freedom — there are no borders, no bank holidays, no bureaucracy and no bull shit in Bitcoin. Bitcoin allows you to be in control of your own money. Dad: If everyone knew that, everyone would already be using Bitcoin. #Bitcoin

Dad: Son, what makes Bitcoin so powerful? Son: Anyone, anywhere, can start using bitcoin right now. No permission is required. Let that sink in, Dad. #Bitcoin

Son: Dad, there will come a point in time when you have to look very closely at your BLOCKCLOCK to see the difference between block height and exchange rate. Dad: Son, and when will we see Dollar block / height parity in Bitcoin? Son: I don't know. Let's make a bet, Dad. ;-) #Bitcoin

Dad: Son, what about newer versions of Bitcoin like Bitcoin Cash and BitcoinSV? Son: Nah, Dad. Those are shitcoins! Bitcoin Core 25.0, Bitcoin Core 24.1 Bitcoin Core 23.2, Bitcoin Core 23.1, Bitcoin Core 22.1, … These are newer Versions of Bitcoin. There are other Bitcoin Core alternatives like "Bitcoin Knots", "Libbitcoin" and "BitcoinJ" that don’t fork the blockchain. Dad: How that? Son: Satoshi launched the first Bitcoin client in January 2009. Over time, developers improved it, leading to "Bitcoin Core." Other projects also created compatible Bitcoin versions with the same consensus rules and protocols. #Bitcoin

Dad: Son, I'm still happy I changed my mind on Bitcoin. Son: Hi Dad, Many people will feel the same way. For everyone else, it will simply be "normal" one day. #Bitcoin

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

Dad: Son, how much have you lost trying to trade? Be honest. Son: Hi Dad, I leverage traded once, and again. I got liquidated and many sats changed hands. For me, trading is gambling. Never again. After many blocks, I still can feel the pain. Dad: Everybody wants more sats, as it seems. Son: That's true, Dad. Lessons learned. #Bitcoin

Son: Thanks __________________ for Bitcoin. Dad: Son, who is going to fill the blanks? #Bitcoin

Dad: Son, I want one of those 21M Bitcoin so bad!!! Son: Hi Dad, I can understand this desire! One thing you should know: There will never be 21M BTC. Dad: Why not 21M Bitcoin? Was I lied to? Son: No, no one was lied to. Here is why: The block 501726 was generated without reward (-12.5 BTC), and block 526591 with half a reward (-6.25 BTC) Also, the 50 BTC in the Genesis Block can't be spent, even if Satoshi comes back. On top of that, ~4 million BTC have been lost. Well, those coins existed, but were lost. Maybe one or the other Satoshi will find its way back into circulation. However, keep stacking sats. #Bitcoin

Dad: Son, when will the last bitcoin be mined? Son: Hi Dad, The last fraction of a bitcoin is estimated to be mined in 2140, when the block reward will drop below 0.00000001 bitcoin, which is 1 Satoshi. Dad: This is in 120 years. What will happen by then? Son: We are going to make sats the standard!By that, I mean Satoshi Dollars parity. ;-) Dad: 1 bitcoin would be worth 100 million US Dollars!! Son: Yeah, and in the Lightning Network we can even split a Satoshi into millisatoshi if smaller denominations are needed. #Bitcoin

Dad: Son, what do you mean by "stacking sats" exactly? Son: Hi Dad, To me, "stacking sats" is the act of converting an inferior asset into a superior one, namely bitcoin. Because stacking sats is done often and mostly on a regular basis, this result is a fraction of a bitcoin, measured in "sats". One bitcoin can be divided into 100,000,000 Satoshis, or "sats" for short. Dad: Son, let us stack some sats together! #Bitcoin

Dad: Son, in my humble opinion, prepping and training should be tax deductible. Son: Hi Dad, Yes, true, and this should apply to stacking too. But, this is not what they want you to do. ;-) #Bitcoin

Dad: Son, what is "Coin Control" and what is it for? Son: Hi Dad, In Bitcoin, not every UTXO is the same, even if the amount is exactly the same. Dad: An "UTXO" is a coin or note in my wallet, right? Son: Yes. With coin control, you can choose which coin or note you want to spend. It like choosing a note by its serial number. Coin control is crucial for maintaining privacy. Make sure to use it. #Bitcoin

Son: Dad, I just bought bitcoin. AMA. #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, why do your siblings still have no Bitcoin position? Son: Hi Dad, Good question.... I talked to them again and again and again about it, last time at the latest all-time high. I will do it again, at the next all-time high, every all-time high until they get some sats. Dad: Let us hope that the next all-time high will not be long in coming. #Bitcoin

Dad: Son, had a bad day today... I am still thinking about the huge investment I made at all-time high. Son: Hi Dad, I'm sorry to hear that. Here's the pep talk you might just need to hear: Think of all those who did the same and sold in panic with a double-digit loss. Understanding Bitcoin is your best protection. Confidence in the Bitcoin revolution is key. Dad: Exactly what I needed to hear. Thank you, son! #Bitcoin