Friday, October 13, 2017

Bitcoin Q&A: HODLing and the "get free" scheme

Bitcoin as a long-term store-of-value (SoV) versus an investment yielding returns. Lightning Network as a way for full node operators to earn fees. Bitcoin is not a get-rich-quick scheme, it is a get-free scheme - don't get rich, get free. This is part of a talk which took place at the 'Bitcoins in Bali' meetup on June 27th, 2017 at the Hubud co-working space in Ubud, Bali, Indonesia: RELATED: Investing in Education Instead of Speculation - Money as a System-of-Control - The Stories We Tell About Money - The Switzerland of currencies - How much bitcoin do you have? - How do I secure my bitcoin? - Hot vs. cold wallets - Fungibility, privacy, anonymity - Decentralized power, leaderless governance - Separation of money and state - The 21 million supply cap - ICOs and responsible investment - Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. Follow on Twitter: @aantonop Website: He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why Bitcoin matters. THE INTERNET OF MONEY, v1: MASTERING BITCOIN: [NEW] MASTERING BITCOIN, 2nd Edition: Subscribe to the channel to learn more about Bitcoin & open blockchains! If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: Music: "Unbounded" by Orfan ( Outro Graphics: Phneep ( Outro Art: Rock Barcellos (
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Item Reviewed: Bitcoin Q&A: HODLing and the "get free" scheme Rating: 5 Reviewed By: BUXONE