If you decide to start with bitcoin, I suggest not having an investing mentality but rather a using it mentality. I mean if you choose to invest that's fine but use it first and understand the hype cycles at least.

I recommend getting Phoenix Wallet and Muun for your phone and Sparrow for your pc. Just start right out using the lightning network with Phoenix and Muun.

My answer sounded condescending upon review. Sorry. I'll tell you a tale of a man who found out about bitcoin in 2010. This man thought it was impossible to have a decentralized currency because any digital thing can be duplicated. He had made thousands of copies of digital files before so how could this be any different. Yeah, that was me. I was ignorant. Eventually I learned.

The reason they can have as much mining power as they like is because as the hash rate increases, something called the difficulty increases along with it. In fact, the hash rate HAS steadily increased over time, yet the bitcoin protocol and rules are steadfast. The hashrate increases, it becomes more difficult to perform the hash. It's baked in.

If they tried to cheat and not abide by the difficulty, all the non-mining nodes would reject the blocks. They would fork off into their own chain that is no longer bitcoin and nobody would care or accept their transactions/blocks.

If you google the whitepaper, you can read how that works.

You misunderstand the protocol. They have as much mining power as the universe allows, they can only mine at most 6.25 coins per block.

In a year and half, that will be reduced to 3.125 bitcoins per block.

Using bitcoin as an example, you can only mine 6.25 coins per block--roughly every 10 minutes. It wouldn't matter if they had all the computing power in the universe. That's it. Also, and here's the kicker, once they spend it, it's gone. Most will NEVER understand that as they don't even know only banks create us dollars. They think the govt. creates dollars. No, the banking elite create your dollars and they can KEEP GIVING THEMSELVES LOANS FOREVER.

THAT is the problem. Bitcoin is fair money. They spend it, it's gone. They have to earn more in some way. No more cheating.

I wish you luck with your endeavor. I was young and optimistic once too. I'll tell you truthfully what I think will happen regardless of bitcoin or whatever. Whoever gets to superAI first is going to do whatever they like forever. I think it's only a couple years away at most. Let's both hope whoever it is, is nice to us or at least indifferent.

Take care.

No one will do it. Best I can tell they aren't using money. No one can just start from money and go to that. It's literally impossible. You're asking the elite to just please stop. They aren't going to. There is no competition for them and no incentive for people to just magically stop existing the way they are. That's why you're begging people to look at it.

Let's say I agree. It's the bees knees. Let's do it. I still have to pay my bills. I still have to eat. Nothing changes.

With bitcoin, you can immediately begin exchanging with people, stop using their money as much AND there is a profit potential as the price long term rises.

I'm not being mean but you need to be smacked in the face with reality on this. No one is going to do this.

I watched the first video. It's nonsense. It will never work. There is no incentive to make it work and it's flawed from the start. Sorry. Keep dreaming though. The rest of us will just use bitcoin to change things.

So far your suggestions are to submit to the elites and give up your cars AND submit to the elites and move to some fantasy of anarcho communism or something that the elites will instantly control and no one will ever do willingly.

If you aren't getting paid by elite bankers, you should be!

/r/cryptocurrencies is a captured sub. Let me guess, they are talking about pools. Pools aren't miners and miners aren't nodes. Bitcoin is the most decentralized man-made thing on the planet. It's also capped in supply.

Bitcoin is it. That's it. That's your shot. Nothing else except one thing and it's luck. No one is going to just switch to some fantasy. They have bills to pay and a money creator to pay them to. So we all either move to bitcoin over time or we just get ruled by the elites however they like.

The only other hope is some geek gets to superAI first, has a good heart and does right by mankind.

Why don't you go to /r/futurology and pedal that stuff. It's also a captured sub. Why come here? This place must be getting more popular.

Communism is fake. It never works. It's a trick by the elites. Nope.

There is no anarchy. Those that create the money, create the rules AND enforce them. You want real change, start using bitcoin--not investing--USING. You don't want real change though.

The nerds will get there first. Why would they turn it over to the "elites" when they reach god-like power first.

No, that's just propaganda. You give up your car, you give up any semblance of getting out of where those in charge want you to be.

Nope.

Bring on the downvotes by those that preach the gospel of the elites.

I'm seeing this bs, give up your car crapola everywhere now--a nice top down push. No thanks WEF members. You give up your cars first.

Good luck shaping that public opinion though.