Dad: Son, when will today's buyers sell? Son: Hi Dad, Most coins bought today will never be sold again. Dad: Who buys these Bitcoins? Companies? Son: Today's buyers are individuals and professionals with long-term vision and staying power. These bitcoins disappear into deep cold storage. Dad: Son, what are your plans? Son: Always buy, never sell. It would be so simple, Dad. #Bitcoin

Dad: Son, do not respect the people who do not respect time. Son: Dad, don't respect the people who don't respect bitcoin. Dad: Time is money, as the saying goes. #Bitcoin

Dad: Son, what is the legal form of Bitcoin? Son: Hi Dad, Bitcoin is an open protocol, not a company. Companies come and go. On the other hand, once a protocol gets established, it almost never changes. We only use one internet protocol (TCP/IP) and one email protocol (SMTP). Dad: That is true. The analogy is interesting.... Son: It looks like the default protocol for a sovereign platform is Bitcoin. #Bitcoin

Dad: Son, you said that Bitcoins are mined. How can I do this with my computer? Son: Hi Dad, You cannot efficiently mine with your computer. Bitcoin mining is done using special ASIC machines. These machines are expensive, noisy, consume a lot of energy and beside producing bitcoins, these machines emits a lot of heat as by-product. Dad: Bitcoin mining seems highly professionalized. Son: Yes, but mining can also be done at home, despite high electricity cost, heat and noise emissions. #Bitcoin

Son: Dad, Bitcoin does not over-promise nor under-deliver. Bitcoin simply does its thing. Everyone knows the rules, and you must follow them if you want to use Bitcoin. Dad: Son, and you can count on these rules! This is a wonderful and powerful thing. Son: Bitcoin is "Rules without Rulers". #Bitcoin

Dad: Son, bitcoin is worthless. Son: Hi Dad, Have you ever paid taxes on your bitcoin? #Bitcoin

Dad: Son, tell me something interesting about "Bitcoin Transactions". Son: Hi Dad, Ok. A "Bitcoin Transactions" can consist of many inputs and many outputs. The inputs are outputs of previous transactions which you want to spend, and each output has values assigned to an address. In general, a transaction is expected to have 2 outputs, the "destination address" and the "change address". Dad: So, the remainder of the funds are moving on chain as well? Son: Yes, you always have to move the whole unspent transaction output, also known as "UTXO" or coin. #Bitcoin

Son: Hi Dad, "Not stacked sats are not realized wishes." People don't quite understand how immoral that is if they already heard of Bitcoin. Dad: Son, something like the lack of self-care? Son: Yes, you can look at it that way too. Or in other words: If you don't stack these Satoshis, you're stealing from your future. #Bitcoin

Son: Hi Dad! Fun fact: Your bitcoin can't be in two different blocks at once. Dad: Son, how does it ensure that? Son: Once a Bitcoin transaction is in a block, it can't be duplicated elsewhere, preventing double-spending. The full previously unspent "coin" moves forward with every transaction. Dad: I see. So, no room for confusion or fraud? Son: That's right, Dad! Bitcoin is designed to be reliable and secure, making transactions trustworthy and final. #Bitcoin

Dad: Son, tell me something interesting about BIP39. Son: Hi Dad, With pleasure. So, did you know that BIP39 is still a proposal, yet everyone is using it? Dad: So its status is de facto "Final"? Son: Yeah, you could say so. #Bitcoin

Dad: Son, did you know Bitcoin is connected to the butterfly effect? Son: Hi Dad, What's that? Dad: Small events can have big consequences. Like a tweet or an article can change its price. Are you still buying Bitcoin? Son: Stacking slowly. I don't want to cause a hurricane in Texas, Dad! #Bitcoin

Dad: Son, what do you mean by "stacking sats" exactly? Son: Hi Dad, To me, "stacking sats" is the act of converting an inferior asset into a superior one, namely bitcoin. Because stacking sats is done often and mostly on a regular basis, this result is a fraction of a bitcoin, measured in "sats". One bitcoin can be divided into 100,000,000 Satoshis, or "sats" for short. Dad: Son, let us stack some sats together! #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, this Bitcoin thing is overwhelming. Can you present me a five-point plan of measures? I appreciate your help. Son: Hi Dad, Self sovereignty is tricky. However, It's not black or white – it's a gradient. Start and try to improve your setup over time. Test it, find security holes, privacy leaks and fix them. Iterate over and over again. #Bitcoin

Dad: Son, there are less expensive bourbons. Son: Hi Dad, There are also thinner steaks and smaller cars. Many ways to stack more sats. #Bitcoin

Dad: Son, why do you not use numbers based the word’s indexed number in the BIP39 list instead of the first 4 letters of the recovery word? Son: Hi Dad, That's a good question. Let's quote the BIP39 creators to answer it. "A mnemonic code or sentence is superior for human interaction compared to the handling of raw binary or hexadecimal representations of a wallet seed. The sentence could be written on paper or spoken over the telephone" I think it is wrong to use numbers when the creators intentionally designed the standard so that we use words. Dad: Ok, makes sense. Thanks. #Bitcoin

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

Dad: Son, how to avoid losing money trading bitcoin? Son: Hi Dad, Best would be not to trade at all. Dad: The trend is upwards. Why not trading it?! Son: Bitcoin is like digital gold. It's harder, stronger, faster and smarter than any money that has preceded it. Bitcoin is far too valuable to bet on it. Dad: Valuable – that's exactly why I want more of it. Son: Greed will cause pain. ;-) #Bitcoin

Dad: Son, what are "sats"? Son: Hi Dad, Sats are like bitcoin, just smaller. Dad: Smaller? Son: Yeah, a smaller denomination. There are 100,000,000 sats in every bitcoin. #Bitcoin

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