Guelph Bitcoiners

A group of Guelph and local area Bitcoiners that meet monthly to discuss everything Bitcoin!

[Guelph Bitcoiners @GuelphBTCoiners]

Amazing “Bitcoin for Beginners” meetup last night at Baker Street Station in Guelph. Lots of great conversations, guest speakers and some games / prizes. Hope you can join us in November where we will be discussing security and types of Bitcoin wallets! 🔐 Details TBD soon!

[𝔏𝔞𝔲𝔯𝔦𝔢𝔯 𝔅𝔦𝔱𝔠𝔬𝔦𝔫 ℭ𝔩𝔲𝔟 ⚡🦅 @laurier_bitcoin]

December 4th is Bitcoin Finance Night with @spence0x. Learn about Bitcoin institutional adoption, ETFs, strategic national reserves and how YOU can equip yourself with the skills to enter this industry.

[Bitcoin Coalition Canada @BTCcoalition_ca]

NEWS: Bitcoin Coalition of Canada applauds steps taken by Vancouver Mayor and City Council https://t.co/Y7Tpljku7j

@CityofVancouver @CBCVancouver @CTVVancouver @VancouverSun @CityNewsVAN @bcbusiness @georgiastraight @theprovince @TheTyee @CKNW @DailyHiveVan @GlobalBC @BtcVancity

[Susie₿dds @SusieBdds]

You need conviction to hodl. How do you gain conviction? You study.

[Guelph Bitcoiners @GuelphBTCoiners]

Come on out tomorrow night to our next in-person meetup where we will discuss everything Bitcoin and specifically hardware wallets and options for security.

No financial advice, just honest and thoughtful discussion and critical thinking 🤔

@BTCcoalition_ca @BTCStudents

[Guelph Bitcoiners @GuelphBTCoiners]

Wed. Oct 23rd in Guelph!

Please RSVP using the link below as we have guest limit as it is a small venue. @laurier_bitcoin @BTCcoalition_ca @BTCStudents @learningbtc_ca

Bitcoin for Beginners Night! ⚡️ https://t.co/Fie77SoEE4

[FiatHawk - Bitcoin is Hope @FiatHawk]

Buckle up. Things are about to get wild.

One thing I rarely see discussed about the game theory of #Bitcoin is that the incentives are aligned in such a way that the game speeds up over time.

During the initial phases of the game, #Bitcoin was a strange foreign idea in cyberspace. It was risky, it was uncertain, it was hard to buy, and hard to store. Only the outcasts, the explorers, and the free thinkers joined during the early wave, and they were handsomely rewarded for doing so.

Now, the talk I frequently hear is that the best gains are behind us. What's the point? I missed Bitcoin. I should have bought it when it was cheap. Etc...

While it is true that the biggest percentage gains are behind us, the biggest and fastest adoption is just around the corner. Also, even if you have dismissed #Bitcoin, the cost of ignoring it will soon become unbearable.

The game theory will soon switch from greed to fear, and for the first time ever, fear will drive #Bitcoin higher and higher instead of lower and lower.

Why is that?

The bitcoin network grows stronger and becomes more valuable with every person that joins.

At the same time, the fiat monetary system becomes weaker with every person that leaves.

While adoption was still tiny, the cost of ignoring Bitcoin was negligible. You missed out on the gains, but otherwise, it was not important. Soon, however, that will no longer be the case. Everyone knows that fiat money is being debased at an accelerating pace. With every person that exits into Bitcoin, it means that those left with fiat will now have to carry the burden of those that have left. In other words, the cost of staying with fiat will exponentially increase over time.

Think about it. Does the national debt decrease if people leave the US? No. The same is true with monetary networks. Unfortunately for those holding fiat, it is a debt-based system, and the people opting out with #Bitcoin no longer have to care or worry about that debt.

This is why the best money always wins, and why there can only be one winner. I also believe that's why the fastest growth in Bitcoin adoption is just ahead of us. It will go from a trickle, to a rush, and end in a stampede.

At some point, you won't be able to exchange fiat for #Bitcoin at any price, and all of your models will be destroyed.

[Bitcoin Advisors @BTCAdvisors]

What an amazing turnout at the first #Bitcoin educational event in Guelph.

Thank you to the @GuelphBTCoiners group, and especially Iain, Derek and Jen for collaborating with me to organize this presentation.

I look forward to seeing you at the next one! Education FTW 🙌

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[Guelph Bitcoiners @GuelphBTCoiners]

Join us this Thursday at Royal City Brewing in Guelph to learn about this intriguing new form of money! @RoyalCityBrew

https://t.co/6V2EcFDZqT

[Bitcoin Vanguard ⚡️ @BitcoinVanguard]

Top 10 people in bitcoin, who am I missing?

1. @adam3us 6. @FossGregfoss
2. @maxkeiser 7. @LawrenceLepard
3. @saylor 8. @PeterMcCormack
4. @saifedean 9. @Dennis_Porter_
5. @Breedlove22 10. @NSmolenski

[Guelph Bitcoiners @GuelphBTCoiners]

@MrSmithBTC @BTCAdvisors @ScottAWolfe @coinoswallet @BTCcoalition_ca @Gabe_P18 Come to our Guelph meetup. We have a few people from Waterloo. Hope you can join us on the 7th. 😁

[Guelph Bitcoiners @GuelphBTCoiners]

Come on out and join us at Royal City Brewery in Guelph on March 7th to learn more about Bitcoin and how this is a monetary technology that you may want to understand at a deeper level 😁. Please RSVP (Free event) to using the Eventbrite link.

https://t.co/6V2EcFDZqT