HOW TO AVOID SCAMS - Never tell anyone the size of your bitcoin stack & don't respond to random DMs. - NEVER EVER, EVER enter your seed phrase anywhere online. - NEVER take a photo or screenshot of it either. - Don't respond to any phone call, email or social media chat offering support of any kind - Don't click on ANY links in texts, email or social media chats. - If you think they might be legitimate, call/ email the company directly. - If it sounds too good to be true it is! - Make passwords a minimum of 16 characters & a mix of upper/lower case/numbers/symbols. - Use non-SMS methods of 2FA. - Don't trust, VERIFY! This brochure is just a beginning ... Learn about Lightning, bitcoin mining, how transactions work, and more, plus find excellent high-signal resources in: The Simplest Bitcoin Book Ever Written by Keysa Luna Available in English, Spanish & BR Portuguese or scan the QR code: WHAT IS •bitcoin Bitcoin is sound, digital money that is: Scarce - Hard capped supply Decentralized - No central control Immutable - Ledger can't be changed Censorship resistant - Can't be stopped Easy to verify - Simple to authenticate • At its core, Bitcoin is a software protocol that is run voluntarily on thousands of computers globally, called nodes. • Anyone can run a bitcoin node! • Specialized nodes (miners) do extra work, called mining or hashing. • When a bitcoin block is mined, the users' transactions are validated and new bitcoins are issued and paid to the miner for their work. • The nodes, miners & users together create the Bitcoin Network. • Bitcoin has rules, not rulers, and the rules are the same for everyone! Sound Money Properties Comparison Chart FAr - Digital AT - Cash SIMPLEST BITCOIN EDU DEBUNKING FUD Fear, Uncertainty & Doubt • BITCOIN USES TOO MUCH ENERGY - The energy bitcoin uses is essential to secure the network, which is vital for a stable monetary system. - Bitcoin mining supports grid stability and incentivizes renewable energy buildout. • BITCOIN IS A PONZI - This is false, since no one is promising a return on your investment, there is no leader, CEO or promotions team, and there was no pre-mine. • BITCOIN IS USED BY CRIMINALS - So is fiat. In fact, bitcoin is used for less than 2% of global criminal activity. • #BITCOIN HAS NO INTRINSIC VALUE - Neither does the dollar. - Bitcoin's value comes from its verified scarcity, censorship resistance, decentralization, immutability & rapidly growing peer-to-peer network. • YOU CAN'T TOUCH A BITCOIN - This is a feature, not a bug. - It is what makes bitcoin unconfiscatable. • BITCOIN IS TOO VOLATILE - It currently has a 2 trillion USD value in a global fiat world of over 900 trillion USD - The lifeboat will stabilize over time. It's still early! MORE ON DEBUNKING FUD AT: Endthefud.org Bitcoinmythbusters.org SIMPLEST ฿ bitcoin EDUCATION • Bitcoin is a digital network and an asset that anyone can use today as both a medium of exchange and a store of value. • You do not not need anyone's permission to buy or use bitcoin. © It is a peer-to-peer (P2P) network with no middlemen. © It is decentralized in both issuance and operation. © Bitcoin is not controlled by any institution or government, and there is no CEO. NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH SIMPLEST BITCOIN EDU simplestbitcoinedu.com WHY DO WE NEED IT? • We need bitcoin because the inflationary, debt-based, central bank fiat monetary system is at the root of most of the world's major problems. • This system is broken (always has been). • It is not sustainable (never has been). • There is no way to fix it (never will be). • Inflation is theft. The value of your time is stolen when you save it in a currency that is manipulated, inflated and debased. Example: In 1971, the cost of a house = 2.5 times an average annual salary. In 2024, the cost of a house = 8.6 times an average annual salary. HOW TO GET Obitcoin © Buy it: Peer-to-peer - Robosats, Bisq, Azteco Exchange - Strike, River, Unchained • Earn it: Ask to be paid for your work in it. • Mine it: While anyone can mine, be sure to do your research first! • Receive it as a gift: Lucky you! • Win it: Play online games that offer sats. •bitcoin CUSTODY • Self-Custody - Recommended: You hold your own keys. You are in full control of your bitcoin, and you are responsible for securing it. • Custodial - NOT recommended: An exchange or wallet custodies your bitcoin. You do not hold the keys, you only have an IOU. If they get hacked or go out of business, you lose your bitcoin. NOT YOUR KEYS, NOT YOUR COINS SELF-CUSTODY OPTIONS FOR INDIVIDUALS Water Type Computed sod StRap On Node Tos Trott • Collaborative custody is another option - DYOR •bitcoin WALLETS • Hot (Mobile): A hot wallet is an online app on your phone or computer. It is useful as a spending wallet. Only keep in it what you would keep in a cash wallet. Choose self-custodial & bitcoin-only Eg: Blue wallet, Sparrow, Aqua, Zeus • Cold (Hardware): A cold wallet is an offline hardware device. This is your deep savings account where you keep the majority of your bitcoin for the long term. Always self-custodial. Choose bitcoin-only & only buy NEW and direct from the manufacturer. Examples: Coldcard, Foundation Passport, Jade wallet, Seedsigner HOW TO SECURE IT • When you set up your bitcoin wallet, it will generate 12 or 24 words as a seed phrase. • 1) Write them down 2) Make two copies 3) Hide them separately and *very securely*. • Ideally, stamp your seed phrase into metal. • REMEMBER: These words ARE your bitcoin! Anyone who has these words has your bitcoin! • Re-evaluate and verify your setup every 6 months. #BTC