He basically dismissed the idea that bitcoin had value, and believed that every #bitcoin -er was in a cult.
I asked him to give it a chance
Today a new bitcoiner was born.
How and which information triggered his change of mind?
...... A super small thread. 👇👇👇
He basically dismissed the idea that bitcoin had value, and believed that every #bitcoin -er was in a cult.
I asked him to give it a chance
1. Bitcoin is Hope
with @johnkvallis and @michael_saylor
2. Bitcoin in a Deflationary World
with @PrestonPysh and @JeffBooth
And finally read this little article:
"Why the Yuppie Elite Dismiss Bitcoin"
by @Croesus_BTC
He gave it a chance, and I wake up to an SMS.
"Ok, I bought bitcoin, wont ever make fun of that again."
He said:
"I am convinced. I must accept that part of me wants to trust that the currently monetary system won't fail. It is not easy to accept that the USD will devaluate to oblivion."
"I loved @PrestonPysh's pod, I will cont. learning"
For some people grasping the idea that bitcoin has value, might be easy, but for some other, it could mean tearing down the system of beliefs they've built up while growing up. (Paraphrased from Yuppie Elites)
Stay humble and stack sats :)
Ill leave the links 👇
"The Hard Money Film".
by @l33tguy
He thought it was biased in favor of bitcoin.
My mistake was to shared it with him before he had a deeper understanding.
But then it clicked. :)
He said:
"Maybe bitcoin is the solution indeed.
On the top fo my mind:
@MartyBent and @matt_odell
These guys made podcasting fun for me, and led me to go down the rabbit hole. (RHR🙏)
You are a role model, I love that your daughters are part of your podcast doing amazing questions.
This one was fabulous.
https://t.co/uLEUmpw6AU
More from Crypto
Out of curiosity I dug into how NFT's actually reference the media you're "buying" and my eyebrows are now orbiting the moon
Short version:
The NFT token you bought either points to a URL on the internet, or an IPFS hash. In most circumstances it references an IPFS gateway on the internet run by the startup you bought the NFT from.
Oh, and that URL is not the media. That URL is a JSON metadata file
Here's an example. This artwork is by Beeple and sold via Nifty:
https://t.co/TlJKH8kAew
The NFT token is for this JSON file hosted directly on Nifty's servers:
https://t.co/GQUaCnObvX
THAT file refers to the actual media you just "bought". Which in this case is hosted via a @cloudinary CDN, served by Nifty's servers again.
So if Nifty goes bust, your token is now worthless. It refers to nothing. This can't be changed.
"But you said some use IPFS!"
Let's look at the $65m Beeple, sold by Christies. Fancy.
https://t.co/1G9nCAdetk
That NFT token refers directly to an IPFS hash (https://t.co/QUdtdgtssH). We can take that IPFS hash and fetch the JSON metadata using a public gateway:
https://t.co/CoML7psBhF
Short version:
The NFT token you bought either points to a URL on the internet, or an IPFS hash. In most circumstances it references an IPFS gateway on the internet run by the startup you bought the NFT from.
Oh, and that URL is not the media. That URL is a JSON metadata file
Here's an example. This artwork is by Beeple and sold via Nifty:
https://t.co/TlJKH8kAew
The NFT token is for this JSON file hosted directly on Nifty's servers:
https://t.co/GQUaCnObvX
THAT file refers to the actual media you just "bought". Which in this case is hosted via a @cloudinary CDN, served by Nifty's servers again.
So if Nifty goes bust, your token is now worthless. It refers to nothing. This can't be changed.
"But you said some use IPFS!"
Let's look at the $65m Beeple, sold by Christies. Fancy.
https://t.co/1G9nCAdetk
That NFT token refers directly to an IPFS hash (https://t.co/QUdtdgtssH). We can take that IPFS hash and fetch the JSON metadata using a public gateway:
https://t.co/CoML7psBhF
We are actively working to launch on @binance Smart Chain #BSC .
To make this transition easy & understandable for everyone, we are answering most frequently asked questions here.
Ready? Go! 🔥
1/24
#DeFi #YieldFarming
Q1 - What are the benefits of holding the $VALUE token on the Ethereum Mainnet network? Give me reasons not to sell. Some are assuming that the VALUE token will be abandoned now that vBSWAP is being created. Can you clarify the use case for VALUE?
👉 $VALUE will always be a governance & profit receiving token of the whole ecosystem if staked in #vGov. With the new farming token on #BSC , gvVALUE holders will get extra rewards at BSC if they choose to bridge their gvVALUE to BSC & stake in gvVALUE-B/BUSD 98/2 pool.
Q2 - What do I need to do with my VALUE tokens that are staked in vGov? Is it OK to leave them in the vGov?
👉If you have VALUE but aren't staking in the vGov & you would like to participate in the BSC expansion, you will need to stake your VALUE in the vGov to receive gvVALUE.
If you are staking in vGov but don't see the correct gvVALUE amount in your wallet, go to vGov (https://t.co/udXn5IJtVx) to unlock your gvVALUE from the old contract. There will be a bridge from ETH to BSC to move gvVALUE and vUSD over.
To make this transition easy & understandable for everyone, we are answering most frequently asked questions here.
Ready? Go! 🔥
1/24
#DeFi #YieldFarming
Q1 - What are the benefits of holding the $VALUE token on the Ethereum Mainnet network? Give me reasons not to sell. Some are assuming that the VALUE token will be abandoned now that vBSWAP is being created. Can you clarify the use case for VALUE?
👉 $VALUE will always be a governance & profit receiving token of the whole ecosystem if staked in #vGov. With the new farming token on #BSC , gvVALUE holders will get extra rewards at BSC if they choose to bridge their gvVALUE to BSC & stake in gvVALUE-B/BUSD 98/2 pool.
Q2 - What do I need to do with my VALUE tokens that are staked in vGov? Is it OK to leave them in the vGov?
👉If you have VALUE but aren't staking in the vGov & you would like to participate in the BSC expansion, you will need to stake your VALUE in the vGov to receive gvVALUE.
If you are staking in vGov but don't see the correct gvVALUE amount in your wallet, go to vGov (https://t.co/udXn5IJtVx) to unlock your gvVALUE from the old contract. There will be a bridge from ETH to BSC to move gvVALUE and vUSD over.
