Dad: Son, what if the Opendime is lost? Does the Opendime also have recovery words? Son: Hi Dad, An Opendime is made to change hands, like cash. The private key is generated on the device, and without breaking the seal by pushing a pin through the hole marked on the back of the Opendime, there is no way to back it up. Dad: And if I break the seal? Son: Then the private key will be revealed in the private-key.txt file and QR code image. There is no way back, and once unsealed, you should move the funds into another wallet. #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

Son: Dad, did you know there are 241 valid seed phrases that contain only the same BIP39 word? Dad: Son, it must have taken hours to test them all. Son: LOL, no Dad, I used a little Python script for that. Interestingly, the longer the seed (12, 15, 18 vs. 24 words), the fewer valid combinations there are. Of course, these seeds are for fun and testing ONLY! Dad: Interesting! 24x bacon is my personal favorite. :-) Son: Damn, I was just going to use that seed. ;-) #Bitcoin

Dad: Son, when will you stop buying Bitcoin? .. at 75K, 100K, 250K, ..? Son: Hi Dad, I'll be buying into bitcoin at 75K, 100K, 250K, 500K and onwards until any or all of the following occur: a) Hyperbitcoinization b) I run out of cash Dad: Son, let us see what happens first. Son: You will see, there is no alternative to bitcoin. #Bitcoin

Dad: Son, do I need a "Bitcoin Account" before buying? Son: Hi Dad, With Bitcoin, there are no accounts in the sense of customer, bank or user accounts. What you need is a "Bitcoin Wallet", and a receiving address. However, you may have several accounts in your wallet. With these accounts, you can then separate the funds, e.g. spending, saving, grandchild 1, grandchild 2, ... Even an exchange account does not belong to Bitcoin technically. It is an account at a market participant of the Bitcoin ecosystem. Dad: Oh, I see. Then let's get a Bitcoin wallet. #Bitcoin

Son: Dad, Measuring your wealth in fiat is _____ . Measure it in bitcoin and time instead. Dad: Yes – an exiting time. #Bitcoin

Dad: Son, in addition to Bitcoin, you should invest in emergency supply. Buy water and stockpile food. Get a hand crank radio. You never know.... Son: Yes, Dad. #Bitcoin

Dad: Son, I got a fireproof bag for my hardware wallet and backup card.Would you trust it? Son: Hi Dad, Don't trust, verify. ;-) Dad: I blow-torched it. Lasted about 20 seconds... What a scam. Son: I doubt the bag had a proper fire rating, however, to protect your bitcoin from loss and the elements like fire and water, a solid metal backup system is a must. Secure your (12 or) 24 recovery seed words as well as your passphrases each in a "Cryptosteel Capsule". Everything else breaks or burns. #Bitcoin

Dad: Son, I do not know what is going on with people these days........ Son: Dad, what's going on?! Dad: "trust the science" is the most anti science statement ever made. Questioning science is how we did science! Son: Gotcha. However, the following "trust related" Bitcoin mantras work perfectly for me. "In numbers we trust." "In math we trust." "Don't trust, verify." #Bitcoin

Dad: Son, it seems that you either love Bitcoin or hate Bitcoin. Somehow, there is nothing in between. Son: Hi Dad, Nobody hates freedom. #Bitcoin

Dad: Son, why not keep my Bitcoin on an exchange? They are like banks, and you can use two-factor auth. Son: Hi Dad, Exchanges are on-ramps and off-ramps. They are not destinations. Use them as they have been designed, as routes to self-custody and not as banks. Dad: Even though every withdraw costs a hefty fee? Son: Yes. Freedom and sovereignty has its price. I don't want anything or anyone to come between me and my bitcoin. For me, there is no such thing as "too complicated", "too cumbersome" or "too expensive" when it comes to self-custody. #Bitcoin

Dad: Son, do you remember the "Y2K problem"? Son: Hi Dad, Yeah, I remember that "Millennium-Bug" FUD. It's even mentioned in the "The Sovereign Individual" as "Y2K TIME BOMB". You will find it in the "The Transition of the Year 2000" chapter. Dad, why are you asking? Dad: I have been reading about the "2038 problem" and wonder if Bitcoin will be affected as well. Son: No worries, Dad. Bitcoin uses an unsigned integer for the timestamp, so the year 2038 problem is delayed for another 68 years. #Bitcoin

Son: Dad, when in comes to Bitcoin, there are two things you have to control. 1. Your emotions 2. Your private keys Dad: Son, it is simple, but not easy. #Bitcoin

Dad: Son, why taproot? Son: Hi Dad, Taproot hides non-default multisignature script paths in the collaborative case, it improves Bitcoin Lightning Network privacy and block space efficiency, makes Bitcoin fungible. Dad: Oh, and what do a taproot addresses look like? Son: bc1p... #Bitcoin

Son: Dad, I recently finished "How Innovation Works" by "Matt Ridley". Highly recommending it. Dad: Son, interesting topic. Why do you recommend it? Son: Reading this book helped me not only understand how innovation works and why, in retrospect, Bitcoin was inevitable, but how the world works. Dad: Okay, son, I added it to my Amazon wish list. #Bitcoin

Son: Dad, Bitcoin has died more often than Kenny from South Park. Dad: Son, who is Kenny? #Bitcoin

Dad: Son, what do you think. What will your kid answer to the question, "What is something your dad told you?" ? Son: Hi Dad, Maybe "I love you" or "You make me proud". What do you think? Dad: What about "Inflation is a hidden tax that unelected Central Bankers impose on your wealth, enslaving you as they fill their pockets by their close proximity to the money spigot"? Son: Hmmm. I will reflect on that... #Bitcoin

Dad: Son, is there a difference between Bitcoin and bitcoin (upper-/lowercase 'b')? I have seen both spellings in publications. Son: Hi Dad, When expressed using a small 'b', the word bitcoin usually refers to the unit of currency. Dad: And the uppercase 'B' ? Son: Bitcoin with a capital 'B' is typically associated with Bitcoin, the protocol and payment network or to refer to the ecosystem as a whole. Dad: So, "Saving in bitcoin is investing in Bitcoin." Son: "Stacking sats makes Bitcoin better." #Bitcoin

Son: Dad, did you get your coins off exchange? #Bitcoin

Son: Dad, did you get your coins off exchange? Dad?! This is a friendly reminder to get your coins off exchange. It shouldn't be ignored! Dad: Son, thank you for your message. I am thinking of taking my bitcoin off the exchanges when the stack will start to look big enough. Son: Download a phone wallet like Muun or BlueWallet. Learn to back it up and learn how to restore it using your recovery seed words. Start learning self-custody with small amounts today. It's a process, and you need to practice it. Dad: All right, I will take a look at it. #Bitcoin