Son: Dad, Stacking something is better than nothing. Dad: Son, the hardest part is getting started. Son: Since Relai it's relai easy. Download the app and you are ready to go. Don't forget to use code "TEACHIN". Dad: Why? Son: 0.5% lower fees for you, and some supports us. Thank you. #Bitcoin

Dad: Son, is it possible to sell Bitcoins? Son: Hi Dad, Yes, it's possible. Most exchanges that let you buy bitcoins also let you sell bitcoin, for a fee, of course. So, ... Could you sell? Yeah, sure. Should you sell? Hell, no! #Bitcoin

Dad: Son, can I participate in Bitcoin mining, and what do I need if so? Son: Hi Dad, Yes, you can. If you are interested in home mining, the Twitter user @econoalchemist has published an outstanding article on his webpage. Go to www.econoalchemist.com and search for the article with title "Home mining for non-KYC Bitcoin." Dad: That is fantastic... Earning sats after learning how to turn a space heater into a miner. Son: There are other "investment options" too, but I suggest skipping "cloud mining". It's a scam.... #Bitcoin

Dad: Son, what is the biggest risk in Bitcoin? Son: Hi Dad, The biggest risk is having no bitcoin at all. #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, there's no friend as loyal as a bitcoin. Dad: Son, "as a book". Ernest Hemingway said, "There is no friend as loyal as a book." #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

Dad: Son, why should I invest in Bitcoin? I do not understand it. ¯\_(ツ)_/¯ Son: Hi Dad, Nobody understands Bitcoin when they start. Dad: Truth. Son: Two other things are true: 1. Nobody has enough Bitcoin. 2. Nobody understands Bitcoin completely. So, you are in good company. ;-) #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, 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, 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

Dad: Son, if you are feeling down, call mom. #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

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

Dad: Son, why not use gold as store-of-value? Son: Hi Dad, Bitcoin is the decentralized financial network. It allows individuals worldwide to store and send value to one another without intermediary agents like banks or payment processors. Dad: Okay, well, that sounds promising. Son: It's a technology that will transform the world. Gold can't compete with Bitcoin. #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

Son: Dad, buy bitcoin before you need it. Dad: Son, in my opinion, it is always better to "want" something than to "need" something. Son: And when you "want bitcoin", you realize that Bitcoin is on every level of Maslow's pyramid. #Bitcoin

Son: Dad, Dad: Son? Son: On your Mac, open `Terminal` and then type the following command: "open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf" What do you see? :-) Dad: How did you get the Bitcoin whitepaper onto my Mac? Son: I wasn't. It was always there. Dad: Okay, ... Now I am speechless. #Bitcoin

Dad: Son, are the last 16 digits of π a good passphrase? Son: Lol, Dad, that's hilarious. #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