Just recently, Alibaba founder Jack Ma said that he doesn’t have much interest in bitcoin. In a new series, the CEOs of Chinese e-commerce giants Alibaba, Jingdong Mall (JD) and 58.com shared their insights on bitcoin and the blockchain technology.
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I sat my 7yr old son down and showed him my ledger nano and how to use it in case anything ever happens to me.
I explained there is electronic money on it and it will be his one day. Went through the process of wiping it and restoring with the seed. But reminded him never ever tell anyone about it is our secret.
He's a smart kid and was amazed at how it's secured by an extremely complex code and that no one can steal the money you can take it anywhere and it's safer than a bank because the ledger is a bank itself (i know that's not quite correct but still). I didn't tell him how much are on there but told him one day it will be extremely valuable that's why I'm telling him about it is for him when he grows up.
Later that day we talked about how to secure the seed and printing it on a metal plate. He thinks it is so cool.
It amazed me how a child instantly understood it and showed how cryptos are for the future generations not us. We are early adopters so buy at least 1 bitcoin for your kids. Just might set them up for life.
submitted by /u/neolock
It hasn't been a day since our last bitcoin article, but the world's leading cryptocurrency has soared to fresh all-time highs yet again. This time, prices …
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Those kind of things got me attracted to Bitcoin, Bitcoin that was made as a protest to these criminal bankers, not wether btc should be 1mb, 2mb or 8mb. Seems people forgot about it. I miss those days man and got tired of these scaling topics. Lets focus more on why Bitcoin was made in the first place.
submitted by /u/wolfwolfz