Saving your #Bitcoin key in your head is the ultimate way to take your #BTC everywhere you go.
⇒ And it's genuinely possible!
No need for fancy tools or exceptional memory skills...
Here is how:
Build a Story
⇒ You have a 12-24 word seed phrase, like this:
"mansion nice pigeon dry style list about ring stamp derive slam drastic"
⇒ Next, craft a reasonable story using this seed phrase.
⇒ Example:
"A run-down mansion stands in the nice part of town. An old man feeds a flock of carnivorous pigeons dry salami from his porch while reading an old copy of Style Magazine......"
Divide
⇒ Our brains have limited storage capacity, so it's best to divide the story into 3 to 6 segments.
⇒ Start by memorizing only the first part on the first day. Second part on second day. And so on.
⇒ Took me a week - it's again about that proof of work:)
Conquer
⇒ Once you've divided and memorized the story, ensure it stays with you.
⇒Repeat it daily for two weeks, and then once a week thereafter.
⇒ You will know it so good after just a month!
With that method, you can make your #Bitcoin genuinely unf****able!
Saving your #Bitcoin key in your head is the ultimate way to take your #BTC everywhere you go.
⇒ And it's genuinely possible!
No need for fancy tools or exceptional memory skills...
Here is how:
Build a Story
⇒ You have a 12-24 word seed phrase, like this:
"mansion nice pigeon dry style list about ring stamp derive slam drastic"
⇒ Next, craft a reasonable story using this seed phrase.
⇒ Example:
"A run-down mansion stands in the nice part of town. An old man feeds a flock of carnivorous pigeons dry salami from his porch while reading an old copy of Style Magazine......"
Divide
⇒ Our brains have limited storage capacity, so it's best to divide the story into 3 to 6 segments.
⇒ Start by memorizing only the first part on the first day. Second part on second day. And so on.
⇒ Took me a week - it's again about that proof of work:)
Conquer
⇒ Once you've divided and memorized the story, ensure it stays with you.
⇒Repeat it daily for two weeks, and then once a week thereafter.
⇒ You will know it so good after just a month!
With that method, you can make your #Bitcoin genuinely unf****able!
Saving your #Bitcoin key in your head is the ultimate way to take your #BTC everywhere you go.
⇒ And it's genuinely possible!
No need for fancy tools or exceptional memory skills...
Here is how:
Build a Story
⇒ You have a 12-24 word seed phrase, like this:
"mansion nice pigeon dry style list about ring stamp derive slam drastic"
⇒ Next, craft a reasonable story using this seed phrase.
⇒ Example:
"A run-down mansion stands in the nice part of town. An old man feeds a flock of carnivorous pigeons dry salami from his porch while reading an old copy of Style Magazine......"
Divide
⇒ Our brains have limited storage capacity, so it's best to divide the story into 3 to 6 segments.
⇒ Start by memorizing only the first part on the first day. Second part on second day. And so on.
⇒ Took me a week - it's again about that proof of work:)
Conquer
⇒ Once you've divided and memorized the story, ensure it stays with you.
⇒Repeat it daily for two weeks, and then once a week thereafter.
⇒ You will know it so good after just a month!
With that method, you can make your #Bitcoin genuinely unf****able!
#Bitcoin will
⇒ see 50k again
⇒ 100k for sure
⇒ also 1mio+
And at some point, we will stop seeing #BTC going up, and start seeing everything else going down in a #BTC Standard.
Also:
⇒ Market cap dominance will be above 99%
⇒ Shitcoins can't hold value over the long term.
On the 14th of January in 2018 was the lowest dominance of #BTC with 32%
⇒ Since then, it is consistently growing.
⇒ now back over 46%
#Bitcoin will eat up all other assets over the long term!
⇒ Dominance continues to rise
⇒ Just a matter of time, when we are back at 100%
Altcoins are basically startups with no use case.
⇒ you buy an altcoin and, with that, gambling in a centralized startup that you don't even understand.
⇒ You have been fooled.
Only #Bitcoin is truly decentralized money
#BTC is nothing like any altcoin.
⇒ Not even close.
#Bitcoin miners could censor and manipulate transactions. Wouldn't it be possible to just buy 51% of the network?
⇒ NO!
Performing a 51% Attack on #BTC seems easy, but in practice it's not possible.
Here is why:
Tremendous amount of Resources needed
⇒ To successfully perform such an attack, you would need to control more than half of the total hashing power.
⇒ This would require a massive investment in mining hardware, electricity, and infrastructure, making the attack financially unfeasible.
⇒ Where do you even get all this hardware with massive shortages?
⇒ Additionally, during such an attack would the network grow even more. Thus, increasing the cost of such an attack more and more.
⇒ It's an uphill battle...
No gains = no incentive
⇒ Even if someone manages to do that, the difficulty adjustment doesn't work in your favor, and you needed to maintain the power over a longer period of time to really make an impact.
⇒ And all those resources would be for nothing, because all those mined #BTC would be worthless at that point.
⇒ So you have 0 gains and therefore 0 incentive to do such an attack.
⇒ The financial gain would be much bigger, if the miners simply play by the rules.
A 51% Attack on #Bitcoin is not only physically impossible, but also would bankrupt the player who performs it.
Proving that #Bitcoin is actually the only sound digital money on the planet!
#Bitcoin miners could censor and manipulate transactions. Wouldn't it be possible to just buy 51% of the network?
⇒ NO!
Performing a 51% Attack on #BTC seems easy, but in practice it's not possible.
Here is why:
Tremendous amount of Resources needed
⇒ To successfully perform such an attack, you would need to control more than half of the total hashing power.
⇒ This would require a massive investment in mining hardware, electricity, and infrastructure, making the attack financially unfeasible.
⇒ Where do you even get all this hardware with massive shortages?
⇒ Additionally, during such an attack would the network grow even more. Thus, increasing the cost of such an attack more and more.
⇒ It's an uphill battle...
No gains = no incentive
⇒ Even if someone manages to do that, the difficulty adjustment doesn't work in your favor, and you needed to maintain the power over a longer period of time to really make an impact.
⇒ And all those resources would be for nothing, because all those mined #BTC would be worthless at that point.
⇒ So you have 0 gains and therefore 0 incentive to do such an attack.
⇒ The financial gain would be much bigger, if the miners simply play by the rules.
A 51% Attack on #Bitcoin is not only physically impossible, but also would bankrupt the player who performs it.
Proving that #Bitcoin is actually the only sound digital money on the planet!