Is bitcoin difficult to understand?

Those books are shit and shilling the BitcoinSV shitcoin not the actual Bitcoin.

Idk wtf you're trying to say but this is the absolute best text book on cryptocurrency
web.getmonero.org/library/Zero-to-Monero-2-0-0.pdf

Honestly, for most people it is difficult to understand. Everything is difficult for normies though. Why do you think Jews have got away with their blatant scam of central banks and usury for so long?

This is just a shitty and inaccurate economic history book with a chapter shilling bitcoin.

>I just suggest that their
I suggest reading an English textbook

Yep, this is THE book to read if you want to understand the economic implications of Bitcoin.

You have to disregard a few chapters because the author is a rabid ancap ball meme, but the rest of it is primo. You'll want to sell everything you own and go all-in once it clicks.

Whatever implications there are are implications of some future fiat cryptocurrency. If you're all-in Bitcoin, you're about to be a very poor golem. #WhiteSamsonOption

>future cryptocurrency

yes

>fiat

no

It will be pegged to BTC in some manner because there will be no other alternative. Once given the opportunity for sound money again, this time without the possibility for obfuscation and centralization of supply, people will take it. the gradual capital flight to Bitcoin is impossible to stop, and indeed it happens slow enough that few powers have even attempted. but eventually the tipping point will be reached -- and that comes when national banks and governments begin to buy out of geopolitical fear. that will probably occur post-2024 halving. this current bullrun is all about financial institutionalization and widespread recognition of a competitor to gold for store-of-value. Next halving Bitcoin will of course be twice as scarce as gold, and the "global reserve currency" narrative will begin.

Saifedean Ammous is a known con-man. BTC maximalist moonboy who lashes out like a little boy at anybody who criticizes him, then deletes his tweets afterwards.

BTC is incapable of serving as a currency. Can't serve more than 0.1% of the world's population without requiring second-layer solutions which track and trace everything you do. If you believe in crypto as a concept, you should be in coins like XMR or BCH. But it's dubious that any crypto will have value once we return to a gold standard.

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I'm reading the preface right now and wondering how you deluded faggots avoid acknowledging that Bitcoin has NO UTILITY. The best stores of value long-term are stock shares. No one stores value in a currency and holds as little currency as possible at any given time. Currency is a hot potato. Just think for one second in your miserable life. What do you want to buy? Land, let's say. Well, land is owned by corporations, and if you own a share of the corporation, you own the land. I hope you see the various ways I would be going with this if it weren't too tedious to elucidate fully here. The reason jews don't care about inflation is that they own what is bought with whatever currency is current at any given time: STOCKS. Eight billion people work to pay them dividends, and in the meantime, their value is stored as land, equipment, trade secrets, intellectual property, goodwill, and all the rest. You're all hopelessly deluded golem. #WhiteSamsonOption

>No one stores value in a currency and holds as little currency as possible at any given time.
Sorry. #WhiteSamsonOption
>>No one stores value in a currency, and everyone holds as little currency as possible at any given time.

user money is cancer you dumbass kid

>Difficult to understand
Kek. It's nothing more than a cryptographic Token that prevents double spending through an extremely costly and slow proof of work. A decade ago, revolutionary, today something that every first semester CS loser can make

> Buy Bitcoin!

Why?

> It's the new money for the world!

Why? Does it offer privacy?

> No

Is it a superior form of currency?

> $100-fees and 3-day transaction times

What do I do with it then?

> NOTHING! ISN'T THAT EXCITING?

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kek

People just like to shit on bitcoin because they think it was successful solely because of the tech and other tech has eclipsed it.

I think that's nonsense. Other elements were created that were more rare and useful than gold. It still doesn't make gold worthless. Bitcoin has Fidelity looking to create funds for large scale investors to jump into bitcoin. It's not like they are going to pump your bag of kleros or other shit projects any time soon.

No, stupid. If Fidelity is making a fund, it's because boomer goyim are too tech illiterate to dump their retirement funds into jewish pockets, so the jews have to bring the crypto to them in a familiar form. Next 401k managers will be making the decision to trade cash for jews' bags for them without their knowledge. Always pick stocks yourselves instead of relying on people who want you dead to manage money for you. #WhiteSamsonOption

kel, ok

I have tried to explain Bitcoin to my mom at least 10x. Every time i mention “mining” Bitcoin, her brain short circuits and she starts over from the beginning of trying to figure it out. I have to explain to her all over again how Bitcoin is not a physical currency, and that the pictures of metal coins that the news uses to explain it are just for show. Mining is just the term used for contributing computing power to the network to make it faster and more secure. Its the strangest fucking thing. Its legitimate NPC robot tier short circuiting. Its like the phrase “mine Bitcoin” erases her knowledge of Bitcoin. She isn’t unusually dumb otherwise, i would say slightly above average intelligence for most things. Her inability to grasp the concept has convinced me that most normies will literally never understand it, but then again, most normies have no idea what fractional reserve banking and quantitative easing is either and they still use the dollar.

>mining
>contribute computing power
>to make it faster
your mom is probably smarter than you. Kek, contribute to make it faster. Shill her BSV retard

proof that this board has turned into reddit. everyday i wish bitcoin to go to triple digits and financially destroy all you fucking idiots, i cant see a world where bitcoin goes up and makes retards like this guy rich, i just cant

Nice rebuttal. Allow me to respond at a level of reasoning that you are capable of comprehending...
>NO U!

no it's simple hodling bitcoin is the smart thing even tho it will feel like being tod
youtube.com/watch?v=sMwXuFwSiaU

>difficult to understand

What's difficult to understand about a ponzi? All 'cryptos' are a ponzi and we're all here just to make enough money before the music stops.

again,
>Make it faster
You moron don't get what buttshit is yourself. How can a pajeet brain like you explain it to anybody else, let alone sell it to them. And the most scammy, sell the shit to your own mother. There is a special place in hell for faggots like you

I dont sell or shill it to her retard. She ASKS about what it is. I explain it to her, and she doesn’t understand.
And yes, increasing the hash rate of the network makes it faster. Imperceptibly so, but its a cumulative effect. Its no wonder you are trying to shill BSV, its about what I would expect from room temp IQ morons.

>to make it faster
this one knows what he bought

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>Increasing the hashrate
>makes it faster

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