There are several potential dangers associated with using fiat currency and the traditional banking system for personal finances:

• Inflation: Over time, the value of fiat currency can decline due to inflation, which occurs when the supply of money increases faster than the demand for goods and services. This can lead to a decrease in purchasing power, meaning that you need more money to buy the same things you could previously.
• Financial Instability: The traditional banking system is susceptible to financial crises and instability, which can result in decreased confidence in the currency and the financial system as a whole. This can lead to bank runs, where people withdraw their money all at once, and can result in a loss of savings.
• Government Intervention: Governments can also interfere with personal finances through monetary policy and regulations, such as interest rate changes, capital controls, and tax policies. The English historian Lord Acton wrote in a letter in 1887: "Power tends to corrupt, and absolute power corrupts absolutely." You can research many incidents of this in recent and past history.
• Cybersecurity Risks: As more and more financial transactions are conducted online, there is an increased risk of cyber attacks, such as hacking and identity theft, which can result in a loss of funds or personal information.
• Limited privacy: Traditional banks keep records of all transactions and personal information, which can be accessed by the government or other third parties. This can limit your financial privacy and expose you to potential risks.

It's important to be aware of these potential dangers and to take steps to protect your personal finances, such as diversifying your investments, regularly monitoring your accounts, and using secure methods for online transactions.

Bitcoin, created in 2009, is a decentralized digital currency enabling peer-to-peer transactions without intermediaries like banks. Similar to electronic cash, it can be used for online or in-person purchases. Its security and transparency are ensured by the public blockchain ledger, making cheating or theft difficult. Bitcoin's value can be volatile, as it lacks government backing, but many believe it has potential as a widely used payment method. This innovative technology is transforming how people perceive and utilize money.

Bitcoin is a decentralized digital currency that has been around for over 14 years now. Despite its relatively short history, it has managed to capture the attention of people from all walks of life, from tech enthusiasts to finance professionals. The reason for its popularity is simple: Bitcoin offers numerous benefits that traditional currencies simply can't match. In this article, we'll explore some of the key benefits of Bitcoin and why it's worth considering as an alternative to traditional currencies.

• Decentralization

  One of the defining features of Bitcoin is that it operates on a decentralized network, meaning there is no central authority controlling it. Instead, transactions are verified by a network of users, making it much more secure and resistant to manipulation or interference by any one entity. This also eliminates the risk of currency devaluation, as there is no central authority that can print more money, thereby decreasing its value.

• Security

  Another major benefit of Bitcoin is the security it offers. Transactions are recorded on a public ledger known as the blockchain, which is maintained by a network of users. This makes it almost impossible for anyone to falsify transactions or steal funds. Furthermore, users have complete control over their own funds, with no need for intermediaries like banks.

• Low transaction fees

  Traditional financial institutions often charge high fees for transactions, especially for international transfers. With Bitcoin, transaction fees are typically much lower and can be as low as a few cents, making it a cost-effective option for people who need to send money across borders.

• Speed and convenience

  Bitcoin transactions are processed much faster than traditional bank transfers. This is because the decentralized nature of the network means that there is no need for intermediaries like banks to verify transactions. This makes it a convenient option for people who need to send money quickly and efficiently.

• Borderless

  Another advantage of Bitcoin is that it is borderless, meaning that it can be used anywhere in the world as long as there is an internet connection. This makes it an ideal option for people who travel frequently or who have family and friends in different countries.

• Privacy

  Finally, Bitcoin offers users a high level of privacy. Transactions are recorded on the blockchain, but the identity of the users behind them is not revealed. This makes it a secure and private option for people who value their financial privacy.

In conclusion, Bitcoin is a revolutionary technology that offers numerous benefits over traditional currencies. Its decentralized nature makes it more secure, its low transaction fees make it a cost-effective option, and its speed and convenience make it an ideal option for people who need to send money quickly and efficiently. If you're looking for an alternative to traditional currencies, it's definitely worth considering.

If you're ready to take the next step in educating yourself about Bitcoin and cryptocurrencies, reach out to Bob Holden for expert guidance and support. Bob is a seasoned Bitcoin educator with years of experience helping people understand the complexities of this revolutionary technology. With his help, you'll be able to gain a deeper understanding of how Bitcoin works, what its potential is, and how you can use it to your advantage. Call him today! Contact information is found on our Contact Us.

Despite the best attempts of its detractors, being pronounced dead by the media, and being attacked by hackers 24/7 for the last 14 years, it remains the single best secure asset class designed to store your wealth and keep control of it in your own hands. To learn more, contact me.

The 7 stages of Bitcoin grief is a humorous take on the emotional journey that some people may go through as they experience the ups and downs of the cryptocurrency market. The stages are:

• Denial: Refusing to believe that Bitcoin is a legitimate currency or investment opportunity.
• Anger: Feeling frustrated and angry when the price of Bitcoin drops or when someone criticizes the currency.
• Bargaining: Trying to find ways to make up for losses or missed opportunities by making riskier trades or investments.
• Depression: Feeling hopeless and helpless as losses accumulate or when the market experiences a prolonged downturn.
• Acceptance: Coming to terms with the realities of the market and the risks involved in investing in Bitcoin.
• HODLing: Refusing to sell Bitcoin and instead holding onto it for the long term.
• Moon: Believing that Bitcoin will skyrocket in value and bring massive profits, leading to a sense of euphoria and excitement.

The BTC/USD exchange rate, currently $27,729, often inaccurately named as the Bitcoin "price," is updated once a minute on the bar above. To learn how to do this for your own web site, check out our BTCToolbox repository at GitHub.

Bitcoin Ticker - Like our web based Bitcoin ticker, now you can have the same functionality on your own Android device. While it's not available on Google Play, and you will have to install it yourself, I GUARANTEE that there is no malicious code in it. Questions or concerns? Contact me! I will be happy to answer your questions about it.

There are many charlatan's in the bitcoin world, most notoriously one of the creators of an alt-coin based on bitcoin's code purporting to be Satoshi Nakamoto.

Fortunately, with Bitcoin, there is an absolute, and simple, way that the REAL Satoshi can step up and PROVE that he's who he says he is.

We know that Satoshi was the person who mined the Genesis block, so he/she should be easily able to SIGN A MESSAGE using the private key of the Genesis Block Coinbase transaction(1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa).

So, using that address, or ANY of the Coinbase Addresses that hold Satoshi's 1 million Bitcoin is irrefutable evidence that you are who you say you are.

So, on October 19th, 2022, the Norweigian court found that, as stated in the transcript: "In a situation where the plaintiff has not succeeded in, nor does he wish to, provide cryptographic evidence that can support his claim to be Satoshi Nakamoto, the court believes that he must accept that there is a debate as to whether he is who he says he is."

Not that bitcoin really needs you to stand up, Satoshi, but if you ARE going to reveal yourself, we're patiently waiting to verify your identity.

If you are contacted by email from what appears to be your Hardware Wallet Manufacturer, investigate the senders eMail thoroughly. If it's not the true sender, DELETE THE EMAIL IMMEDIATELY and DO NOT CLICK ON THE LINKS!!! IF YOU DO, YOU STAND A VERY GOOD CHANCE OF LOSING YOUR BITCOIN!!!

Mailing Lists of major hardware wallet manufacturers have been hacked, and bad actors are sending fake emails out that look like they're from the hardware wallet company. These are phishing attempts!

Two simple rules:
1. NEVER enter your seed phrase(12 or 24 words) on ANY web site!
2. NEVER click on a link from an email.

IF you already followed the instructions in your email and lost funds, I'm sorry for your loss.

If you're not sure how to keep yourself safe from these types of scams, please contact me ASAP so that I can help you to learn how to protect yourself in the future.

You can't really learn about Bitcoin before you learn the truth about the money you are currently using. These videos are an excellent documentary series for all ages about how fiat currency(the money you are probably currently using) REALLY works. Produced by Mike Maloney of GoldSilver.com.

• Episode 1: Money vs Currency
• Episode 2: The Seven Stages Of Empires
• Episode 3: Death Of The US Dollar As World Reserve Currency
• Episode 4: The Biggest Scam In The History Of Mankind
• Episode 5: Where Does Money Come From?
• Episode 6: The Rollercoaster Crash - Deflation FIRST
• Episode 7: VELOCITY & The Money Illusion
• Episode 8: From Bitcoin To Hedera Hashgraph
  NOTE: Ignore past 38:27(Part 2). Hedera Hashgraph is proprietary software.
• Episode 9: Fall Of Empires: Rome vs USA
• Episode 10: American Bread & Circus

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The link below is to the Federal Reserve System Web site. I've discovered that they are completely transparent about what they are doing, but count on no one actually reading about it.
• The Federal Reserve System Web Site

Before investing in bitcoin, one should consider the following factors:

• Understanding: Have a good understanding of how bitcoin works, its advantages, and risks involved.
• Volatility: Bitcoin is highly volatile and its value can fluctuate rapidly, so one should be prepared for the possibility of significant losses.
• Security: Properly secure your bitcoin wallet and keep your private keys safe to prevent theft.
• Regulations: Regulations regarding bitcoin and other cryptocurrencies vary by country, so it's important to research and understand the legal status in your jurisdiction.
• Diversification: It's generally not recommended to invest all your funds in bitcoin or any single asset class, so consider diversifying your investment portfolio.
• Scams: Be wary of potential scams or fraudulent investment schemes in the cryptocurrency space.
• Liquidity: Bitcoin's liquidity can vary depending on the exchange or marketplace you use to buy or sell, so be aware of potential limitations on liquidity.

Presented here for your education are many links to Bitcoin related educational resources including, PDF's, Web Sites, and YouTube® videos. Most of these links are "MUST VISIT" sites to help you really learn about this new technology.

• Bitcoin White Paper Satoshi Nakamoto (All Ages)(PDF)
• But how does Bitcoin actually work? 3Blue1Brown (All Ages)
• How secure is 256 bit security? 3Blue1Brown (All Ages)
• Bitcoin Money - A tale of Bitville discovering good money. Bitcoin Rabbi (All Ages)
• Why Everything That Isn't Bitcoin Will Fail Ioni Appelberg (PG 13)
• How Bitcoin Works! Greg Walker (All Ages)(Technical)
• Greg Walker Videos (All Ages)(YouTube Videos)(Technical)

Andreas M. Antonopolous is the premier spokesman/educator for Bitcoin. His wealth of knowledge is shared globally for free.

• AAntonop YouTube Channel Andreas Antonopolous (PG)
  • Introduction to Bitcoin (PG)
  • Money as a System of Control (PG)
  • Currency Wars 2 - The ship is sinking! (PG)
  • Currency Wars 1 - We didn't start the fire! (PG)
• Let's Talk Bitcoin Let's Talk Bitcoin Podcasts (PG)

This is a collection of Exchanges, Tickers, and Calculators that we use on a regular basis to assist us with our Bitcoin needs.

• Current Blockchain Statistics & Blockchain Explorer - Watch the blockchain at work
• Bitcoin Ticker - BTC Candle Chart
• BTC Fee Estimator - BTC Mining Fee Guestimator
• CoinATMRadar - Locate crypto ATM's globally.
• Bitcoin Historical Data - Downloadable BTC Exchange Rate History
• Capital Gains Calculator - For paying your US Taxes