Maybe I'm being elitist or unfair (let me know), but I don't give a fuck about a person's opinion on #Bitcoin if they meet any of the following conditions:
1. If they have any Bitcoin, it's on an exchange and none is in cold storage.
2. They've never sent and/or received Bitcoin on chain or on another layer (Lightning, etc) to buy/sell something or to send value for some other reason (donation, zaps, etc).
3. They don't know what the difficulty adjustment is.
I'm willing to help someone do these things if they genuinely want to understand Bitcoin, but I'm not going to argue or defend my position with these people. It's a waste of my time and energy.
Replies (10)
4. They don’t understand halvings/absolute scarcity.
My 3rd is mostly designed to address the very common objection that Bitcoin is just made up numbers on a screen. Understanding the difficulty adjustment requires one to understand the role of miners, computational power, and real energy to keep Bitcoin secure, decentralized, and consistent. I don't see how you could understand those concepts and still think it's easily manipulated or made from nothing like fiat (which is something they always fail to realize, but that's another topic).
1. Why is this thing different than what we currently have (centralized fiat)?
2. Why is this thing useful in the real world?
3. Why is this thing real, reliable/consistent, and secure?
I feel these three are the bare minimum concepts one must grasp to have a high school level understanding of Bitcoin and why it matters.
I suppose I could add understanding inflation as number one, which would basically serve as an understanding for why limits on supply would even matter.
4. They hold fiat money … if you pay taxes and have a bank account you are still a slave.
You're obviously free to have your own list. That isn't on mine.
The slave tends to be attached to the chains …
Okay.
Sounds reasonable to me.
I really try my best.
