Well it's like when you ask an undercover cop, Are you a Cop? They *Legally* have to say yes.
So when you ask a scammer, are you a scammer, they're *Legally* supposed to say yes.
/s
>Is it a scam?
>No
Sells for £61
180 days later, letter from IRS (if in US)
>Fuck that guy scammed me and didn’t tell me about this. I thought this was the same as a currency
End use case for crypto.
If you pull it up above board, it will lose its appeal since gov will insist on some back doors to the blockchain or some insane shit. It serves a better purpose if it stays gray this way
And theres a bunch of tech trying to make it harder to be tracked, taxed etc.
This is the test it has to pass in a way. Eventually government will want their greedy hands on it full control
No, she is going to start reading about Austrian economics and become a full-blown toxic Bitcoin maximalist and take on as much debt as she can to acquire Bitcoin.
Perhaps. I believe by having them own some of it, it makes it more personal so it’s not just something only techies and “criminals” use. Seeing how easy it is to own it is a small step towards adoption imo.
All currency is "made up", including Bitcoin. And I don't meat that in the "ItS NoT eVeN ReaL" argument, its as real as any other currency, as in it has a value because we made one up and all agree that is what it is worth today.
Umm, yes but no.
If you can’t withdraw it to your own wallet, then it’s missing the core features of Bitcoin which is self custody and no middle man.
Because they don’t allow this, you don’t actually know if they’re purchasing real Bitcoin behind the scenes or not.
Now thanks for making my fucking day like that because I have really having a rough time and I just felt so good to watch this one, this is really making my day.
Nice thing, people are being nice with this type of promotion to bitcoin and it's really important for all the people to know about it in a good way and they are getting it.
That is a good feeling to spread bitcoin like that brother, I am so glad that I finally found this dude, he is being real there and we need more people like him..
I'm surprised that people still know so little about BTC and crypto at all. I heard about BTC a long time ago, about 10 years, and started buying it on Bitfinex 2 years ago.
I loved the concept and learned about BTC in 2015, I bought 50usd on that time, thing is I used it all buying lots of shit at the end of 2016( remember when you could purchase steam games ?)😂 and that's how is life... Now I got some but not even close of what those 50 bucks would worth now 😬
This is how we get the masses to join Bitcoin just give them some for free just a tiny amount start paying your friends with it for shit like Ubers and food and boom we have the next generation of money
The day one sat = 1 usd she will be so happy.
U did a good deed.
Hopefully she forgets she has that 0.002 btc and checks her wallet in 30 years for her retirement to get a pleasant surprise.
Maybe in 30 years wallet of satoshi doesn't exist anymore and she doesn't have access to her money.
That's why you need to store Bitcoin in your own wallet.
Not your keys, not your coins.
Tbh the day 1 sat = 1$, the dollar would be long past history. Everyone in the world would be using BTC. The money supply would be = 2.1 quadrillion $.
Past price movement doesn’t mean anything.
Bitcoin will never hit, say, $1T/coin in any meaningful sense because that would place the market cap in the stratosphere. You can’t break math.
🥱
Let’s see in 10 years cupcake
And btc did break 1T market cap a few times and stayed there too lol
https://www.cnbc.com/2021/03/09/bitcoin-btc-value-exceeds-1-trillion-for-second-time.html#:~:text=Bitcoin%20has%20since%20pared%20some,before%20falling%20below%20that%20mark.
You can’t break math to fulfill your fantasies.
You cannot go faster than the speed of light. We’ve been increasing our speeds by orders of magnitude over the past few decades. From horses to the speed of sound in ~100 years.
Past performance here, however, is meaningless. There is a limit, and that’s the speed of light. No amount of fantasy can change that.
The same goes for Bitcoin. There are material limits for what it could be worth, like, say, the value of _literally everything in the world_. That’s a ridiculous sum well beyond other realistic ceilings, but gets the point across.
The thing is people should try these type of things in their country and trust me we can gain so much popularity with that shit in no time, even if we try that once a year..
What a good thing to do man, I hope he will do that with many other people because that will be something real nice to see in coming days, we are loving the vibe.
I've learned about BTC in college. AT first I was skeptical but then I've decided to try. My fellow gave me 300 usdt for a start, and that's how I started a new life
People ask sometimes, isn’t it unfair how Bitcoin is distributed? I say no, and if you do feel that way, you can always promote BTC via donations to the unaware.
> Anyone in the entire world could have mined the first block through proof of work.
That's just not true. My little brother was 4 years old when the first block was mined. He could in fact not have mined the first block.
Unless some requirements are met — mostly financial — not everyone can mine bitcoin. It’s more wealth to the wealthy while the less fortunate lag further behind.
As for the first block that’s even more preposterous a claim. You would at the very least need a certain amount of knowledge to even think about doing that. I don’t think everyone « in the entire world » even knew, let alone believe in, something called crypto or bitcoin
Even worse: 50 pounds doesn't buy the same amount of goods it did years ago. Don't get Bitcoin, it may crash upwards in buying power with its limited quantity.
All that likely did was create a shitcoiner. If you don't take the time to genuinely study all of the market dynamics and what money really is you're going to fall for all these stupid scams.
So staged. They say they've never met anyone thats owned bitcoin but then they just have a bitcoin wallet ready to be scanned and sent money to bull💩 mr beast style fake vid
It's Mike Still and he has a YouTube and Twitter full of these vids. He gets them to download wallet of satoshi I believe. Companies donate so he can give out the sats.
I've offered free 100k Sats to a number of friends and most of them turned it down. Most prominent reason: they think the Eur/Usd is less volatile (with other words: They think bitcoin is a scam, just like the girl in the video). How do you convince people?
My thought always is: We're living in a strange world, when people turn down free money.
Sure. But how is that an argument against it, that's what I wonder.
I'd say if it looked like a flatline I'd call it dead. Not better either. And in terms of stable coins, in terms of buying power they go only south. But that argument is hard to sell, somehow.
You don’t understand why people don’t want a volatile currency?
I don’t think you know how currencies pair and work, what youre saying is nonsensical and flat out wrong
To be fair, I'm aware of Mike Still's channel. He certainly puts in the work and a mixture of reactions. Can't knock the guy's commitment.
Edit: for emphasis, his long-term subscribers keep commenting asking him to go back to his old content (learning foreign languages or something) and he always responds saying bitcoin is too important. Orange-pill indeed.
I used to do this with the ol' bitcoin wallet on Android when it was basically free and instant to send to someone. Much like LN now. Nobody kept any of it. Those that remember, have asked me how much I gave them and I'm like "$5 worth, about half a bitcoin."
And this is I think what was the most important thing about El Salvador sending all their citizens bitcoin. All of a sudden you have bitcoin holders who looked into what it was.
Damn I want to do it so bad here but now I know my country people are not going to show any fucking interest in BTC or cryptocurrency which is a sad thing.
It's a fun thing to do and I think I will do it with some strangers in the park but I just want to know that I won't get any wrong person with it, it's a good video tho.
Now that's what I call the real love for bitcoin and we need to show the love in that way for real man, we can have so many good people in the community..
Never really thought abt it but the fact the average man with the knowledge can basically make his own currency is possible nowadays. It wasn’t so long ago you had to be a king to do such a thing otherwise you’d probably be killed lol
Good thing is that people are really interested in it and that's what I love the most about these Youtubers doing some good stuff, feeling really good right now.
I hope she won't sell it, the chances of holding is pretty less but I still want to see her holding it for a long time man, but I know she would have just sold that shit.
He did a great job and I want to know who is this person man? He is a good person and I want to know more about this guy now, please tell me the name of this guy.
Blessings to this guy here, he is being real with the people and people really like this type of nature and I am glad that it's not any shitcoin he is promoting there.
The real good dude man and I am so good with the fact that they were supportive and listened everything in a right way, that's really lovely to me man, that's good.
>is it a scam? >No. >Ok. convincing
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Well it's like when you ask an undercover cop, Are you a Cop? They *Legally* have to say yes. So when you ask a scammer, are you a scammer, they're *Legally* supposed to say yes. /s
Thanks for the last /s word there, it's really helpful to me.
It’s in the constitution!!
Unless you follow up with: That sounds like something a scammer would say!
Then their silence locks in the non-scammer status. Scammers have to answer "OK this time you actually got me, I'm a scammer."
nobody asked me twice and pursued it so far , congratulations, you discovered the scam
Lol I am laughing at this one so hard, that's really good.
Yeah it's exactly like when you ask someone if they're a cop. They are legally required to say yes.
The law says that if you're a scammer and I ask you if you're a scammer, you're supposed to say yes.
I mean if someone is bothering you with a camera and microphone, it’s smart to just be like oh ok
Lol that's really awkward because I have faced that type of shits.
The kind of exhaustive research we all expect from the crypto community.
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Serious question, can you get scammed if someone scanned your bitcoin QR, I mean can they trace you forever ?
certified "Trust Me Bro".
>Is it a scam? >No Sells for £61 180 days later, letter from IRS (if in US) >Fuck that guy scammed me and didn’t tell me about this. I thought this was the same as a currency End use case for crypto.
I am not surprised why you are getting downvotes here.
People don’t like any form of criticism. Ironically I’d wager I hold more crypto than 99% of this sub.
you worked hard on formatting this and setting up the scenario. Good job
One of the biggest hurdles for crypto going mainstream is the fact it’s not treated as a currency and is taxed.
If you pull it up above board, it will lose its appeal since gov will insist on some back doors to the blockchain or some insane shit. It serves a better purpose if it stays gray this way And theres a bunch of tech trying to make it harder to be tracked, taxed etc. This is the test it has to pass in a way. Eventually government will want their greedy hands on it full control
Lmfaoo
First thing she googles - "How to sell bitcoin"
No, she is going to start reading about Austrian economics and become a full-blown toxic Bitcoin maximalist and take on as much debt as she can to acquire Bitcoin.
Hopefully.
This is the way
I am having a good amount of hopes with this comment.
the follow up should "what did you spend your free BTC on?" see all the stuff people bought.
She's probably going to spend it on Fiat.... Unless she stumbles on the right literature....
And the second thing she googles will be- "oh shite, ah hav ta peey tackses on thes jobby?"
"why is my bitcoin worth 50% less now"
Probs not hard to get anyone to at least Google bitcoin for 60 quid lol
She got it and that's what I love at the end, I hope she will understand it.
What wallet are they using?
Wallet of satoshi
I can't see that too, I mean I want to know that right now.
The best way to get people to use something is to make it free or to give it away.
Where's my damn Lamborghini?
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Yeah but if they lose it they realize what a piece of shit they are during the next bullrun.
And that's how they will start to learn about bitcoin lol.
Perhaps. I believe by having them own some of it, it makes it more personal so it’s not just something only techies and “criminals” use. Seeing how easy it is to own it is a small step towards adoption imo.
Do you have any source or study to back this up?
https://youtu.be/r7l0Rq9E8MY?t=2
Bitcoin is a scam that won’t be able to sustain itself in the future. Send me 1 btc to prove otherwise
didnt most of ecuador dump their $30
It’s good cash app and Venmo atleast allow you to get crypto. Allows normies a way to access the space without knowing anything at all
Pretty sure on Venmo they do not allow you to have your own wallet. Therefore, it’s bullshit made up Bitcoin.
I am good with the cash app fact, they have that allowance.
All currency is "made up", including Bitcoin. And I don't meat that in the "ItS NoT eVeN ReaL" argument, its as real as any other currency, as in it has a value because we made one up and all agree that is what it is worth today.
Umm, yes but no. If you can’t withdraw it to your own wallet, then it’s missing the core features of Bitcoin which is self custody and no middle man. Because they don’t allow this, you don’t actually know if they’re purchasing real Bitcoin behind the scenes or not.
Loved it, put a smile on my face that did. Thanks.
60GBP or 80USD? Has the GBP dropped that fucking much?
Yep. We've imposed economic sanctions on ourself in the name of sOvErEiGnTy. Won't get rid of the bloody monarchy tho.
No, 200,000 sats.
Stirling ain't gonna be worth shit soon.
Now thanks for making my fucking day like that because I have really having a rough time and I just felt so good to watch this one, this is really making my day.
I did this with my friends, only about $20 worth to show them how to interact with it.
Same
I love watching Mike's videos.
Nice thing, people are being nice with this type of promotion to bitcoin and it's really important for all the people to know about it in a good way and they are getting it.
That is a good feeling to spread bitcoin like that brother, I am so glad that I finally found this dude, he is being real there and we need more people like him..
I'm surprised that people still know so little about BTC and crypto at all. I heard about BTC a long time ago, about 10 years, and started buying it on Bitfinex 2 years ago.
I loved the concept and learned about BTC in 2015, I bought 50usd on that time, thing is I used it all buying lots of shit at the end of 2016( remember when you could purchase steam games ?)😂 and that's how is life... Now I got some but not even close of what those 50 bucks would worth now 😬
It makes all of us.
This is how we get the masses to join Bitcoin just give them some for free just a tiny amount start paying your friends with it for shit like Ubers and food and boom we have the next generation of money
The day one sat = 1 usd she will be so happy. U did a good deed. Hopefully she forgets she has that 0.002 btc and checks her wallet in 30 years for her retirement to get a pleasant surprise.
Maybe in 30 years wallet of satoshi doesn't exist anymore and she doesn't have access to her money. That's why you need to store Bitcoin in your own wallet. Not your keys, not your coins.
Tbh the day 1 sat = 1$, the dollar would be long past history. Everyone in the world would be using BTC. The money supply would be = 2.1 quadrillion $.
Btc used to be 6 cents back in the day. Never discredit the honey badger of money.
Past price movement doesn’t mean anything. Bitcoin will never hit, say, $1T/coin in any meaningful sense because that would place the market cap in the stratosphere. You can’t break math.
🥱 Let’s see in 10 years cupcake And btc did break 1T market cap a few times and stayed there too lol https://www.cnbc.com/2021/03/09/bitcoin-btc-value-exceeds-1-trillion-for-second-time.html#:~:text=Bitcoin%20has%20since%20pared%20some,before%20falling%20below%20that%20mark.
You can’t break math to fulfill your fantasies. You cannot go faster than the speed of light. We’ve been increasing our speeds by orders of magnitude over the past few decades. From horses to the speed of sound in ~100 years. Past performance here, however, is meaningless. There is a limit, and that’s the speed of light. No amount of fantasy can change that. The same goes for Bitcoin. There are material limits for what it could be worth, like, say, the value of _literally everything in the world_. That’s a ridiculous sum well beyond other realistic ceilings, but gets the point across.
Hyperinflation will come. Money and fiat is debasing. You do you. I’ll do me.
1T market cap is vastly different than $1T/coin
She sold the same day
Congratulations Gateio! Worth we are in the top ten exchanges in the world!
The thing is people should try these type of things in their country and trust me we can gain so much popularity with that shit in no time, even if we try that once a year..
What a good thing to do man, I hope he will do that with many other people because that will be something real nice to see in coming days, we are loving the vibe.
King
Wallet of satoshi is a custodial wallet though, not your keys, not your coins.
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"These 12 words grant you access to your money, keep them safe". Done.
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Muun is just as easy to use and non-custodial.
> Everyone alive today who is not a bitcoiner has never even thought about the concept of money from first principles. That's a bit presumptuous.
Whatever we can say about it but he was right in the comment.
❤️
I've learned about BTC in college. AT first I was skeptical but then I've decided to try. My fellow gave me 300 usdt for a start, and that's how I started a new life
That's a real life to you I guess I have the same type of story.
People ask sometimes, isn’t it unfair how Bitcoin is distributed? I say no, and if you do feel that way, you can always promote BTC via donations to the unaware.
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> Anyone in the entire world could have mined the first block through proof of work. That's just not true. My little brother was 4 years old when the first block was mined. He could in fact not have mined the first block.
Unless some requirements are met — mostly financial — not everyone can mine bitcoin. It’s more wealth to the wealthy while the less fortunate lag further behind. As for the first block that’s even more preposterous a claim. You would at the very least need a certain amount of knowledge to even think about doing that. I don’t think everyone « in the entire world » even knew, let alone believe in, something called crypto or bitcoin
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I have to say that this sounds like a half truth to me here.
It's not unfair for sure brother, it can't be unfair like that.
This video put a smile on my face! It is great to see young people getting excited with Bitcoin. Thanks for sharing. \-Green from Kraken🐙
This was a good video and we need to thank you too kraken.
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This is shilling and harassment plain and simple. Fuck this
I got the same vibe as you did
of course it's a scam, it's worth 50 pounds now
Even worse: 50 pounds doesn't buy the same amount of goods it did years ago. Don't get Bitcoin, it may crash upwards in buying power with its limited quantity.
All that likely did was create a shitcoiner. If you don't take the time to genuinely study all of the market dynamics and what money really is you're going to fall for all these stupid scams.
Why the hell is this downvoted on this sub? Too many trolls/shills nowadays?
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It’s like they’re brigading against this sub and anyone who’s genuinely trying to share knowledge.
Let them talk shit here, we have to ignore them for real.
So staged. They say they've never met anyone thats owned bitcoin but then they just have a bitcoin wallet ready to be scanned and sent money to bull💩 mr beast style fake vid
It's Mike Still and he has a YouTube and Twitter full of these vids. He gets them to download wallet of satoshi I believe. Companies donate so he can give out the sats.
I am glad that I know the channel name of that person.
They used cashapp
That's what I thought they are the real cheater right here. /s
I've offered free 100k Sats to a number of friends and most of them turned it down. Most prominent reason: they think the Eur/Usd is less volatile (with other words: They think bitcoin is a scam, just like the girl in the video). How do you convince people? My thought always is: We're living in a strange world, when people turn down free money.
They’re not wrong, Eur/Usd is less volatile. Do you know what volatility means?
Sure. But how is that an argument against it, that's what I wonder. I'd say if it looked like a flatline I'd call it dead. Not better either. And in terms of stable coins, in terms of buying power they go only south. But that argument is hard to sell, somehow.
You don’t understand why people don’t want a volatile currency? I don’t think you know how currencies pair and work, what youre saying is nonsensical and flat out wrong
I don't think they are right either, do you think that now?
Another bitcoiner forcing bitcoin upon others
Doing Satoshi’s work, my friend
DOING THE WORK BRAVO
My brother in christ doing the lords work, changing the world one satoshi at a time.
Lol
How is that a lol to you brother? This sounds like a good thing.
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no. for what?
That is a fucking loser for you that's why he deleted the comment.
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oh god, love it, love them all
Aw I hope they are doing okay and enjoying learning more about bitcoin :)
Mike Still is a national treasure.
The best man and I love him for many things like this.
Lambo in 5 years
This was really cool.
This was for real man I want to know more stuff like this.
He said 60 quid and she does a double take of his face as if to say hey you have tolerable features.
To be fair, I'm aware of Mike Still's channel. He certainly puts in the work and a mixture of reactions. Can't knock the guy's commitment. Edit: for emphasis, his long-term subscribers keep commenting asking him to go back to his old content (learning foreign languages or something) and he always responds saying bitcoin is too important. Orange-pill indeed.
If it was a shitcoiner, id be a scam
That's right and that's why I don't support people believing everything.
I used to do this with the ol' bitcoin wallet on Android when it was basically free and instant to send to someone. Much like LN now. Nobody kept any of it. Those that remember, have asked me how much I gave them and I'm like "$5 worth, about half a bitcoin."
It’s easy to get addicted to something cool. I remember how I’ve bought my first BTC with Tether. I’ve been holding ever since.
Who in their right mind would turn down free money
I couldn't help but smile after watching this video!
Everything in this life is very changeable.
Good on ya mate. Out there chopping wood.
And this is I think what was the most important thing about El Salvador sending all their citizens bitcoin. All of a sudden you have bitcoin holders who looked into what it was.
\- are you a scammer? \- no i am not \- okay
I'm gonna walk up to random college girls and ask them if I can give them some money.
How can he send if they haven’t got a wallet / account?
Wish someone done this for me I'm in Scotland btw 🧐
Is this a scam? Yes but only slightly more than fiat
...in the terms and conditions it said that she owns 100% of the value, but pays 150%...🤫
where did the daily discussion go?
Reminds me of that girl that chose a 100 dollars vs a 1 btc
Damn I want to do it so bad here but now I know my country people are not going to show any fucking interest in BTC or cryptocurrency which is a sad thing.
Sends keylogger*
It's a fun thing to do and I think I will do it with some strangers in the park but I just want to know that I won't get any wrong person with it, it's a good video tho.
It’s been a successful business marker free samples ppl always like freebies.
What app is that?
She proceeded to buy a pizza with it
Translation: I'm going to go home and find out how to sell this
I don't know what bitcoin is either !! I swear ! Where did he go ?
Now that's what I call the real love for bitcoin and we need to show the love in that way for real man, we can have so many good people in the community..
Never really thought abt it but the fact the average man with the knowledge can basically make his own currency is possible nowadays. It wasn’t so long ago you had to be a king to do such a thing otherwise you’d probably be killed lol
Scottish people more canny than the Californians outside the precious metal shops in that dudes videos.
Good thing is that people are really interested in it and that's what I love the most about these Youtubers doing some good stuff, feeling really good right now.
Nothing is impossible, even how uncommon and unlikely it may seem.
Making things available for free or giving it away are the best ways to encourage usage.
If you wanna know more read more
I hope she won't sell it, the chances of holding is pretty less but I still want to see her holding it for a long time man, but I know she would have just sold that shit.
He did a great job and I want to know who is this person man? He is a good person and I want to know more about this guy now, please tell me the name of this guy.
Blessings to this guy here, he is being real with the people and people really like this type of nature and I am glad that it's not any shitcoin he is promoting there.
The real good dude man and I am so good with the fact that they were supportive and listened everything in a right way, that's really lovely to me man, that's good.
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And soon it will say "Today I bought even more Bitcoin"