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@anslemdim

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Analyst

Joined August 2022
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@anslemdim
Dim
9 months
The final piece is accepting that the work is done
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@y3fqx
Swing
1 month
Trading is really soulless, so I left it earlier this year to build something that impact people and contribute to society. But I returned because nothing pays like it. Now I trade for money and use it to fund my passions Trading should not be the only thing you do, NEVER!
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@SJosephBurns
Steve Burns
1 month
“The best decisions are often made with data and evidence, not just gut feelings.” - Jim Simons
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@anslemdim
Dim
2 months
But like any tool, they’re only powerful when used with understanding. The goal isn’t just to “get rich with crypto” it’s to understand how this technology changes how people exchange trust. . . . . #bitcointechnology #Bitcoin #CryptoEducation #Blockchain #CryptoCommunity
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@anslemdim
Dim
2 months
Final note Bitcoin and blockchain exist to give power back to individuals financially and informationally. They’re tools for: Freedom (own your value) Transparency (verify anything) Efficiency (cut out middlemen)
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@anslemdim
Dim
2 months
5. Stay Secure and Updated Always double-check websites and wallet addresses. Learn to read on-chain data (Etherscan, mempool space) Keep learning — blockchain evolves fast.
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@anslemdim
Dim
2 months
4. Diversify Into Blockchain Applications Once comfortable, explore: Ethereum for smart contracts DeFi platforms for decentralized finance Stablecoins for everyday transactions (digital dollars) This helps you see blockchain’s broader potential beyond just Bitcoin.
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@anslemdim
Dim
2 months
3. Start Using Bitcoin Practically Try sending a small transaction to a friend or your other wallet. Experience how fast and borderless it feels. Understand fees and confirmations how blocks are verified.
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@anslemdim
Dim
2 months
2. Secure Your Own Wallet Use a non-custodial wallet (like Ledger, Trezor, or BlueWallet). You control the private keys meaning only you own your Bitcoin. Remember: “Not your keys, not your coins.”
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@anslemdim
Dim
2 months
How to Use the Technology Effectively 1. Understand the Principles Don’t rush to trade or invest first understand why decentralization matters and how the system works. Knowledge protects you from hype and scams.
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@anslemdim
Dim
2 months
Real-World Uses Beyond Currency: Finance (DeFi): Borrow, lend, or earn interest without banks. Supply Chains: Track goods from source to store, ensuring authenticity. In essence, blockchain replaces “trust in humans” with trust in code.
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@anslemdim
Dim
2 months
2. Blockchain’s Purpose: Trustless Transparency Beyond Bitcoin, blockchain technology is a framework for: Recording and verifying information without needing to trust a central authority. Think of it as a public, tamper-proof database.
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@anslemdim
Dim
2 months
Example: A merchant in Nigeria can receive Bitcoin payments from the U.S. in minutes, bypassing banks and currency restrictions.
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@anslemdim
Dim
2 months
What That Means for People: You can send money across borders instantly and cheaply. You can store your wealth safely — even in unstable economies. You can be your own bank — holding assets without relying on anyone.
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@anslemdim
Dim
2 months
1. Bitcoin’s Purpose: Digital, Hard Money Bitcoin itself was designed to be: A decentralized currency (you control your money fully) A store of value (like digital gold, scarce and verifiable) A medium of exchange (usable for global payments) It gives financial freedom
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@anslemdim
Dim
2 months
That means: No banks deciding who can send money No governments freezing or inflating your currency No single authority controlling the system Instead, mathematics, cryptography, and consensus replace trust in institutions.
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@anslemdim
Dim
2 months
At its heart, the purpose of Bitcoin and blockchain technology is: To create a global, open, and trustless system for exchanging value and information — without needing middlemen.
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@anslemdim
Dim
2 months
The Core Purpose of Bitcoin and Blockchain (Part 2)
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@anslemdim
Dim
2 months
The Blockchain as a Google Doc that everyone can view and verify but no one can edit alone. Proof of Work as a security guard making sure only valid pages get added to that document. . . . #Bitcoin #bitcoin #Blockchain #CryptoEducation #DigitalEnergy #UnderstandingBitcoin
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@anslemdim
Dim
2 months
Simple Analogy Think of: The Bitcoin Network as the internet itself (a global web of connected computers).
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@anslemdim
Dim
2 months
Decentralized: No single point of failure. Immutable: Once written, it can’t be erased. Borderless: Works anywhere, 24/7. It’s the foundation for all other cryptocurrencies that came after like Ethereum, Solana, etc. They took Bitcoin’s blueprint and expanded on it
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