Dad: Son, what about ETH, XRP and Doge? The media are very positive about them. Son: Hi Dad, These are all shitcoins, and shitcoins are true parasites. I would not catch one. #Bitcoin

Son: Dad, Bitcoin is my Ikigai. Dad: Son, okay, but tell me, what is an "Ikigai"? Son: "Ikigai" is a Japanese concept referring to something that gives a person a sense of purpose, a reason for being. Dad: Sounds spiritual... Maybe that is the reason why Bitcoin is changing many positively. #Bitcoin

Dad: Son, how is your trade going? Son: Dad, is it you? #Bitcoin

Dad: Son, when is the best time to buy Bitcoin? Son: Hi Dad, In the morning :) #Bitcoin

Dad: Son, since the Bitcoin price is tied to the collapsing fiat system, what would the value of Bitcoin look like after the collapse? Being decentralized and all, who would assign the value? Son: Hi Dad, Some use gold as metric. I prefer 1 BTC = 100,000,000 sats. Just focus on how many sats you can buy. Bitcoin prices are determined by the market in real time. Goods and services will soon be denominated in bitcoin or sats. #Bitcoin

Dad: Son, I met my banker and asked him about Bitcoin. He is not convinced and said it will go to zero. Son: Hi Dad, Did you know that banks could soon become redundant? Certainly, he does. These "wealth managers" are funny people. One day, they inform you that the price will go higher than USD $300,000 and the next day they warn you that you could lose all your money. Dad: Son, thanks to negative interest rates, even a one-tenth of a percent increase in value would outperform the bank's value proposition. Son: I wonder why banks still exist. Nowadays, people walk around "with a Swiss bank in their pocket". #Bitcoin

Dad: Son, what if governments ban Bitcoin? Son: Hi Dad, It's excellent and impactful advertising. Dad: Why would this be advertising? Son: It shows they can't stop it. Bitcoin is like gunpowder – a point will come where you won't have the option not to have it. #Bitcoin

Dad: Son, this Bitcoin thing is just a passing fad. Back in my day, we trusted banks and cash! Cash was king. Son: Hi Boomer Dad, Times are changing. Bitcoin offers decentralized, permissionless and secure transactions that are final. It's the future! Dad: I don't understand it, and I don't trust it. Son: Don't be afraid, Dad. You might be surprised by the benefits it brings. #Bitcoin

#Bitcoin

Dad: Son, what do you answer to those who ignore bitcoin? Son: H F S P Dad: Son? Son: Dad, I would answer "Have Fun Staying Poor". Dad: This seems to be another formulation of WEF's "You'll own nothing, and you'll be happy" slogan. #Bitcoin

Dad: Son, what is a passphrase? Son: Hi Dad, The BIP39 standard supports an optional 25th word, a so-called passphrase. The passphrase encrypts the seed and creates a new wallet. Dad: Son, do I have limitations? Size, or something? Son: On the Coldcard hardware wallet for example, passphrases are limited to 100 characters in length. The on-screen interface supports ASCII characters only. Dad: Okay, that is a powerful feature! Son: So little effort and so much more security. #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 is the difference between a Bitcoin address and a Bitcoin public key? Son: Hi Dad, That's a good question! An address represents a hash of a public key of an asymmetric key pair. The owner of the key pair can use the private key to sign transactions or messages. Dad: Why sign a message? Son: For example, to prove ownership of an address. Only by using the correct private key a valid signature may be created, which then anyone can verify as valid by using the associated address which, again, represents the public key. #Bitcoin

Dad: Son, why do you believe some individuals are reluctant to delve into the realm of Bitcoin? Son: Hi Dad, Common obstacles to Bitcoin include a general apprehension towards new technology, experiences of being deceived by unreliable shitcoins and their promoters. Another major concern is the question, "If it's so beneficial, why isn't everyone already using it?" Dad: I see... Son: Breaking down these barriers often hinges on establishing personal trust. Dad, consider delving into more Bitcoin discussions with your boomer friends! ;) #Bitcoin

Son: Dad, whatever happens in the world. Bitcoin does its thing. Dad: Son, and what should that be? Son: A new block – every 10 minutes on average. #Bitcoin

Son: Dad, don't forget to invest in your friendships. Tell your friends about Bitcoin today. Dad: Son, what is the easiest way to get someone to start using Bitcoin? Son: Dad, onboarding friends to Bitcoin is like 1-2-3. 1. Install BlueWallet on friend's mobile phone. 2. Create a wallet and get a receiving address. 3. Scan the QR code and send $10 worth of sats. Dad: So, it costs me $10 to orange pill a friend? Son: Dad, orange pilling is priceless! #Bitcoin

Dad: Son, what about splitting the 24 recovery seed words in two and storing the two parts in different locations? Son: Hi Dad, This is a bad idea that should not be done because if one set of words is discovered, then it becomes far easier to brute force the rest of the seed phrase. Storing bitcoin in multiple locations like this should be done with multi-signature wallets instead. A 2-of-3 quorum is a great configuration to secure your funds. Dad: Well, that brings other challenges, I assume. Son: Yes, but it's not that hard to do. #Bitcoin

Dad: Son, when will all 21 million BTC be mined? Son: Hi Dad, All 21M bitcoins will be mined by 2140, but more than 98% will be mined by 2030. Act accordingly and stack some sats today, tomorrow and the day after. #Bitcoin

Dad: Son, wait until the people who just want to be left alone get involved. Son: Hi Dad, What do you mean? #Bitcoin

Son: Dad, the Tor project is instrumental to true freedom on the internet. Its main offering, the Tor browser, is a web browser that lets users stay anonymous online and protects them from being tracked by hackers, internet service providers, and even corporations and governments. For Bitcoin, Tor is such a vitally important piece of infrastructure. Dad: Son, what do you want to tell me? Son: The Tor Project is only kept alive by few sponsors and contributors. They need funds to build and maintain the onion service. Let's donate some bucks.

Donate to the Tor Project

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#Bitcoin