I asked Chat GPT explain the value of Bitcoin as if I was a 10-year old
🧠 Imagine This…
You have a rare sticker that only 21 million kids in the whole world can ever have.
Once those stickers are all handed out — that’s it. No one can make more. Not even the person who created it.
Now imagine:
• A lot of kids want that sticker.
• Some kids are willing to trade their toys or their allowance to get it.
• And more and more kids learn about it and say, “Hey, I want one too!”
The sticker becomes more and more valuable, just because:
1. There aren’t many of them
2. Everyone wants one
3. No one can cheat and make more
⸻
🪙 Bitcoin Is Like That Sticker — But on the Internet
Bitcoin is:
• A digital money — you can’t touch it, but it’s real like a game coin.
• There’s only 21 million of them ever. Never more.
• People all over the world agree it’s valuable — like gold, but online.
You can use it to:
• Save for the future
• Send money anywhere
• Avoid banks or governments that print too much money
And just like your sticker:
🧱 The rules can’t be changed. No one can cheat the system.
⸻
🔒 Bonus: Bitcoin is Smart
• It’s super secure (no one can hack or fake it).
• It runs on computers all over the world (not controlled by any one country).
• It treats everyone the same — rich or poor, big or small.
⸻
💡 So Why Is Bitcoin Valuable?
Because it’s:
• Rare (only 21 million)
• Trusted (by millions)
• Useful (for saving and sending money)
• Fair (no one can change the rules)
• Growing (more people want it every year)
Just like your favorite rare sticker — except it might help you buy a car or a house one day.
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🧠 Imagine This…
You have a rare sticker that only 21 million kids in the whole world can ever have.
Once those stickers are all handed out — that’s it. No one can make more. Not even the person who created it.
Now imagine:
• A lot of kids want that sticker.
• Some kids are willing to trade their toys or their allowance to get it.
• And more and more kids learn about it and say, “Hey, I want one too!”
The sticker becomes more and more valuable, just because:
1. There aren’t many of them
2. Everyone wants one
3. No one can cheat and make more
⸻
🪙 Bitcoin Is Like That Sticker — But on the Internet
Bitcoin is:
• A digital money — you can’t touch it, but it’s real like a game coin.
• There’s only 21 million of them ever. Never more.
• People all over the world agree it’s valuable — like gold, but online.
You can use it to:
• Save for the future
• Send money anywhere
• Avoid banks or governments that print too much money
And just like your sticker:
🧱 The rules can’t be changed. No one can cheat the system.
⸻
🔒 Bonus: Bitcoin is Smart
• It’s super secure (no one can hack or fake it).
• It runs on computers all over the world (not controlled by any one country).
• It treats everyone the same — rich or poor, big or small.
⸻
💡 So Why Is Bitcoin Valuable?
Because it’s:
• Rare (only 21 million)
• Trusted (by millions)
• Useful (for saving and sending money)
• Fair (no one can change the rules)
• Growing (more people want it every year)
Just like your favorite rare sticker — except it might help you buy a car or a house one day.
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Senator Lummis Bill to buy $1M $BTC will go to the senate next week. Will the U.S. government take the next step towards embracing the future of money? 👀
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Bitcoin coming to Square POS terminals. How do you like the ₿ instead of sats?
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They Want You To TRANSITION away from "Not Your Keys, Not Your Coins" to "DeMocRaTiZaTiOn oF aCcEsS" ~ Cringe 2025
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What do you define as getting "early" into bitcoin?
I know pennies and even maybe $100 dollars or so is obviously early, but what about now? Would today be considered early? I mean people say that getting in a 40k was early but seems like right now at 100k could be early if its going to 1 mil+.
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I know pennies and even maybe $100 dollars or so is obviously early, but what about now? Would today be considered early? I mean people say that getting in a 40k was early but seems like right now at 100k could be early if its going to 1 mil+.
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I was a dumbass and lost it all
Don't know why I wasn't more vigilant. Had all these calls coming from "Gemini", saying how my account was compromised, I ignored and postponed them, but eventually I started talking to these "representatives" and they went about wanting to contact my other crypto accounts to relay the security breach. I was stupid and mentioned about having a Trezor and I was redirected to a "Trezor" representative. I'm such an idiot, before I knew it, I typed in my seed phrase into a website under the guise of getting my Trezor more secure and soon afterwards all my holdings were transferred out. Beware of people relentlessly calling about security breeches. They are smooth talkers and very eloquent in their delivery. Don't know why I ignored all the flagrant red flags. My retirement money is gone. Don't be a dumbass like me.
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Don't know why I wasn't more vigilant. Had all these calls coming from "Gemini", saying how my account was compromised, I ignored and postponed them, but eventually I started talking to these "representatives" and they went about wanting to contact my other crypto accounts to relay the security breach. I was stupid and mentioned about having a Trezor and I was redirected to a "Trezor" representative. I'm such an idiot, before I knew it, I typed in my seed phrase into a website under the guise of getting my Trezor more secure and soon afterwards all my holdings were transferred out. Beware of people relentlessly calling about security breeches. They are smooth talkers and very eloquent in their delivery. Don't know why I ignored all the flagrant red flags. My retirement money is gone. Don't be a dumbass like me.
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Bitcoin was in the 20k range for 1 yr between 22-23. Boring is good for bitcoin. Accumulation is key.
Title
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Title
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Daily Discussion, May 29, 2025
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Please check the previous discussion thread for unanswered questions.
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Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Please check the previous discussion thread for unanswered questions.
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Today was my first ever Bitcoin purchase.
It's my son's second birthday and I decided from this day forward every month on this date to buy whatever amount I can spare... Won't be much, but I hope it would be something in future...
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It's my son's second birthday and I decided from this day forward every month on this date to buy whatever amount I can spare... Won't be much, but I hope it would be something in future...
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