21 Questions: The First AI & Community Written Bitcoin Book From the BTC Times: https://www.btctimes.com/press-release/21-questions
๐—ฆ๐—ถ๐—ป๐—ฐ๐—ฒ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐˜€ ๐—ข๐—ป๐—น๐˜† ๐—–๐—ผ๐—ฑ๐—ฒ, ๐—–๐—ฎ๐—ป'๐˜ ๐—ฆ๐—ผ๐—บ๐—ฒ๐—ผ๐—ป๐—ฒ ๐—๐˜‚๐˜€๐˜ ๐—–๐—ผ๐—ฝ๐˜† ๐—œ๐˜? ๐˜ˆ๐˜ฏ ๐˜ฆ๐˜น๐˜ค๐˜ฆ๐˜ณ๐˜ฑ๐˜ต ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ช๐˜ง๐˜ต๐˜ฆ๐˜ฆ๐˜ฏ๐˜ต๐˜ฉ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜ฐ๐˜ง ๐Ÿฎ๐Ÿญ ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€, ๐˜ต๐˜ฉ๐˜ฆ ๐˜ธ๐˜ฐ๐˜ณ๐˜ญ๐˜ฅโ€™๐˜ด ๐˜ง๐˜ช๐˜ณ๐˜ด๐˜ต #Ai-๐˜ฆ๐˜ฏ๐˜ฉ๐˜ข๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ #Bitcoin ๐˜ฃ๐˜ฐ๐˜ฐ๐˜ฌ. This question is not only frequently asked by new bitcoin users, but also by many โ€œcryptoโ€ enthusiasts. @Michael Saylor answered this succinctly when he said โ€œ๐˜›๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ ๐˜ด๐˜ฆ๐˜ค๐˜ฐ๐˜ฏ๐˜ฅ ๐˜ฃ๐˜ฆ๐˜ด๐˜ต,โ€ but in ๐Ÿฎ๐Ÿญ ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€, @Guy Swann, @CARLAโšก๏ธ and @walker, and @Brad Mills go much deeper into why Bitcoin canโ€™t be copied. Below is Carla and Walkerโ€™s answer, as written in ๐Ÿฎ๐Ÿญ ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€: image ๐—–๐—ฎ๐—ฟ๐—น๐—ฎ ๐—ฎ๐—ป๐—ฑ ๐—ช๐—ฎ๐—น๐—ธ๐—ฒ๐—ฟโ€™๐˜€ ๐—ฎ๐—ป๐˜€๐˜„๐—ฒ๐—ฟ: Every time someone comes across Bitcoin for the first time, they inevitably think: "๐˜๐˜ฐ๐˜ญ๐˜ฅ ๐˜ฐ๐˜ฏ, ๐˜ธ๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ง ๐˜ด๐˜ฐ๐˜ฎ๐˜ฆ๐˜ฐ๐˜ฏ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฑ๐˜ช๐˜ฆ๐˜ด ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ?! ๐˜›๐˜ฉ๐˜ข๐˜ต ๐˜ด๐˜ถ๐˜ณ๐˜ฆ๐˜ญ๐˜บ ๐˜ฎ๐˜ฆ๐˜ข๐˜ฏ๐˜ด ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ ๐˜ช๐˜ด ๐˜ธ๐˜ฐ๐˜ณ๐˜ต๐˜ฉ๐˜ญ๐˜ฆ๐˜ด๐˜ด, ๐˜ด๐˜ช๐˜ฏ๐˜ค๐˜ฆ ๐˜ข๐˜ฏ๐˜บ๐˜ฐ๐˜ฏ๐˜ฆ ๐˜ค๐˜ข๐˜ฏ ๐˜ฎ๐˜ข๐˜ฌ๐˜ฆ ๐˜ข ๐˜ค๐˜ฐ๐˜ฑ๐˜บ! ๐˜ ๐˜ข๐˜ฎ ๐˜ท๐˜ฆ๐˜ณ๐˜บ ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ญ๐˜ญ๐˜ช๐˜จ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฅ๐˜ฆ๐˜ง๐˜ช๐˜ฏ๐˜ช๐˜ต๐˜ฆ๐˜ญ๐˜บ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ช๐˜ณ๐˜ด๐˜ต ๐˜ฑ๐˜ฆ๐˜ณ๐˜ด๐˜ฐ๐˜ฏ ๐˜ต๐˜ฐ ๐˜ต๐˜ฉ๐˜ช๐˜ฏ๐˜ฌ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ช๐˜ด." Yes, anyone can copy Bitcoin's code, and thousands have tried. This is why tens of thousands of โ€œalternativeโ€ crypto tokens exist, but they are not ๐˜ณ๐˜ฆ๐˜ข๐˜ญ alternatives to Bitcoin. Bitcoin is the ๐˜ง๐˜ช๐˜ณ๐˜ด๐˜ต cryptocurrency and absolutely scarce. It has years of history, ever since it started in 2009. It has all those years of Proof of Work. โ€œAltcoinsโ€ are merely recreations of the same centralized, top-down, broken monetary system we have in the fiat world. They are schemes designed to enrich the insiders, those few people closest to the creation of new tokens, who have the power to change the rules to suit themselves. When Satoshi Nakamoto created Bitcoin, he had to mine new bitcoin just like everyone else. He didnโ€™t set aside a big chunk of coins for himself, his buddies, or Silicon Valley VCs. No, he had to use real-world energy to mine bitcoin. Thus, Bitcoinโ€™s launch was fair. Making an identical copy of Bitcoin is pointless because it does not have Bitcoinโ€™s history โ€” Bitcoinโ€™s Proof of Work. Copying Bitcoin and making changes is also ultimately pointless (unless you are trying to create a scheme that benefits insiders at the expense of everyone else) because ๐—ฎ๐—ป๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ ๐˜„๐—ถ๐—น๐—น ๐—ถ๐—ป๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ฒ ๐™ฉ๐™ง๐™–๐™™๐™š-๐™ค๐™›๐™›๐™จ ๐—ถ๐—ป ๐—ฑ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜†. There's a reason Michael Saylor says, โ€œ๐˜›๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ ๐˜ด๐˜ฆ๐˜ค๐˜ฐ๐˜ฏ๐˜ฅ ๐˜ฃ๐˜ฆ๐˜ด๐˜ต.โ€ This is not some mere meme (although it has become one now); it is an acknowledgement of objective reality. To put it simply: There is Bitcoin, and there are shitcoins. image Carla is an eccentric woman who combines her theater, music, writing, and video production skills to create satirical and educational content around Bitcoin and current events. She loves to make people laugh, cry, and cringe. Youโ€™ll find her wearing orange. Walker is a Bitcoin podcaster, speaker, writer, and satirist who leverages new mediums to educate and spark curiosity. His goal is to make people think, laugh, and question the world they think they know. In the fiat world, he runs a software company. Together, Carla and Walker are "The Crypto Couple," delivering short-form viral videos designed to reach outside the Bitcoin echo chamber and spark curiosity in new audiences. image Preorder your copy of ๐Ÿฎ๐Ÿญ ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€, and ๐˜€๐—ฎ๐˜ƒ๐—ฒ ๐˜‚๐—ฝ ๐˜๐—ผ ๐Ÿฒ๐Ÿฌ%, by contributing to our @Geyser initiative:
๐—œ๐˜โ€™๐˜€ ๐—ง๐—ฎ๐˜… ๐——๐—ฎ๐˜† ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€ Youโ€™ve probably heard that โ€œ๐˜ต๐˜ข๐˜น๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ช๐˜ด ๐˜ต๐˜ฉ๐˜ฆ๐˜ง๐˜ตโ€, but is that true? And if so, why? Hereโ€™s my explanation๐Ÿ‘‡ image Taxation is fundamentally theft because ๐—ถ๐˜ ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—ฐ๐˜ ๐—ผ๐—ณ ๐—ณ๐—ผ๐—ฟ๐—ฐ๐—ถ๐—ฏ๐—น๐˜† ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐˜€๐—ผ๐—บ๐—ฒ๐—ผ๐—ป๐—ฒ'๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐˜„๐—ถ๐˜๐—ต๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฐ๐—ผ๐—ป๐˜€๐—ฒ๐—ป๐˜. It is a violation of the principles of ๐˜ฑ๐˜ณ๐˜ช๐˜ท๐˜ข๐˜ต๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ณ๐˜ต๐˜บ and ๐˜ช๐˜ฏ๐˜ฅ๐˜ช๐˜ท๐˜ช๐˜ฅ๐˜ถ๐˜ข๐˜ญ ๐˜ญ๐˜ช๐˜ฃ๐˜ฆ๐˜ณ๐˜ต๐˜บ. Taxes are imposed by governments, which are institutions that wield a ๐—บ๐—ผ๐—ป๐—ผ๐—ฝ๐—ผ๐—น๐˜† ๐—ผ๐—ป ๐˜ƒ๐—ถ๐—ผ๐—น๐—ฒ๐—ป๐—ฐ๐—ฒ. This is a clear infringement on the individual's right to keep and control their own wealth. Taxation is a coercive mechanism for extracting wealth from individuals. It violates the principle of individual property rights, and breaches personal freedoms. ๐—ง๐—ฎ๐˜…๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ป๐—ผ๐˜ ๐˜ƒ๐—ผ๐—น๐˜‚๐—ป๐˜๐—ฎ๐—ฟ๐—ถ๐—น๐˜† ๐—ด๐—ถ๐˜ƒ๐—ฒ๐—ป, ๐—ฏ๐˜‚๐˜ ๐—ฟ๐—ฎ๐˜๐—ต๐—ฒ๐—ฟ ๐˜๐—ฎ๐—ธ๐—ฒ๐—ป ๐—ฏ๐˜† ๐˜๐—ต๐—ฒ ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—บ๐—ฒ๐—ป๐˜, ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐˜๐—ต๐—ฟ๐—ฒ๐—ฎ๐˜ ๐—ผ๐—ณ ๐—ถ๐—ป๐—ฐ๐—ฎ๐—ฟ๐—ฐ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ/๐—ผ๐—ฟ ๐—ฝ๐—ต๐˜†๐˜€๐—ถ๐—ฐ๐—ฎ๐—น ๐—ต๐—ฎ๐—ฟ๐—บ. This is, by definition, a direct theft of someone's property. Furthermore, taxation is an ๐˜ถ๐˜ฏ๐˜ซ๐˜ถ๐˜ด๐˜ต๐˜ช๐˜ง๐˜ช๐˜ฆ๐˜ฅ and ๐˜ฃ๐˜ถ๐˜ณ๐˜ฅ๐˜ฆ๐˜ฏ๐˜ด๐˜ฐ๐˜ฎ๐˜ฆ practice. It is a drain on resources, and ๐—ต๐—ฎ๐—บ๐—ฝ๐—ฒ๐—ฟ๐˜€ ๐—ฒ๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต. Taxes are often used to fund bloated government programs and other forms of wasteful spending. This misallocation of resources could be better utilized in the hands of individuals and businesses. Instead of relying on coercive taxation, we should advocate for ๐—น๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐˜ƒ๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป and ๐—ถ๐—ป๐—ฑ๐—ถ๐˜ƒ๐—ถ๐—ฑ๐˜‚๐—ฎ๐—น ๐—ณ๐—ฟ๐—ฒ๐—ฒ๐—ฑ๐—ผ๐—บ. Taxes should be ๐˜ฎ๐˜ช๐˜ฏ๐˜ช๐˜ฎ๐˜ช๐˜ป๐˜ฆ๐˜ฅ ๐˜ฐ๐˜ณ ๐˜ฆ๐˜ญ๐˜ช๐˜ฎ๐˜ช๐˜ฏ๐˜ข๐˜ต๐˜ฆ๐˜ฅ, allowing individuals and businesses to keep more of their hard-earned wealth. This would foster economic growth, job creation, and prosperity. In conclusion, taxation is theft because ๐—ถ๐˜ ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—ฐ๐˜ ๐—ผ๐—ณ ๐—ณ๐—ผ๐—ฟ๐—ฐ๐—ถ๐—ฏ๐—น๐˜† ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐˜€๐—ผ๐—บ๐—ฒ๐—ผ๐—ป๐—ฒ'๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐˜„๐—ถ๐˜๐—ต๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฐ๐—ผ๐—ป๐˜€๐—ฒ๐—ป๐˜. It is a violation of the principles of private property and individual liberty. Taxes should be minimized or eliminated, and ๐˜ช๐˜ฏ๐˜ฅ๐˜ช๐˜ท๐˜ช๐˜ฅ๐˜ถ๐˜ข๐˜ญ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฃ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ด ๐˜ด๐˜ฉ๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ฃ๐˜ฆ ๐˜ข๐˜ญ๐˜ญ๐˜ฐ๐˜ธ๐˜ฆ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ข๐˜ญ๐˜ต๐˜ฉ ๐˜ต๐˜ฉ๐˜ฆ๐˜บ ๐˜ธ๐˜ฐ๐˜ณ๐˜ฌ๐˜ฆ๐˜ฅ ๐˜ฉ๐˜ข๐˜ณ๐˜ฅ ๐˜ต๐˜ฐ ๐˜ฆ๐˜ข๐˜ณ๐˜ฏ. image Remember to ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™ this and ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„ it with others on this Tax Day, so everyone can know why ๐˜ต๐˜ข๐˜น๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ช๐˜ด ๐˜ต๐˜ฉ๐˜ฆ๐˜ง๐˜ต.
Only 1000 blocks left until the #halving! ๐Ÿคฏ image