Dim
@anslemdim
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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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“The best decisions are often made with data and evidence, not just gut feelings.” - Jim Simons
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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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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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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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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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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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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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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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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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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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Example: A merchant in Nigeria can receive Bitcoin payments from the U.S. in minutes, bypassing banks and currency restrictions.
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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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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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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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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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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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Simple Analogy Think of: The Bitcoin Network as the internet itself (a global web of connected computers).
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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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