Before getting into Bitcoin, I knew that it was a digital currency that was created to provide an alternative to traditional currencies. I also knew that it was decentralized, meaning that it was not controlled by any government or central bank. Additionally, I knew that it was a form of digital money that could be used to purchase goods and services online. Finally, I knew that it was a relatively new technology and that it was gaining in popularity.
“Go and take a massive loan to buy btc @4k, then sell in October 2021 to pay the loan back”
DCA
Young Neo: Learn about money. Why is it there? What is the purpose of it? Who controls it? Is it (still) backed by gold (I really thought it still was!). And ofcourse how much money is there?
In short: just read the Bitcoin standard!