Cold Storage: BTC Content Collection
A continuous repository of resources, articles, podcasts, threads, memes, websites, etc for bitcoin-related content and supplemental to the "Get Off Zero" series
Cold storage refers to the practice of storing bitcoin in a vault-like mechanism, to be used as a savings account (“cold wallet”) versus a checking account (“hot wallet”) for your BTC. Assets held in cold storage are used to transact inputs only, like a piggy bank, and accumulate greater amounts over time without any outputs/spending/transacting outwards. This page is intended to be a cumulative repository of Bitcoin-related content that will slowly accumulate over time. Various categories of multimedia are collaged below.
Bitcoin:
How Bitcoin can help reduce the likelihood of wars
Fiat:
“How the Fed Went Broke” by Lyn Alden
🧵1) FIAT is the worlds largest pyramid scheme Here's how #bitcoin offers a more sustainable alternative:
Stocks:
History:
Energy:
https://www.instagram.com/reel/CouX_EIg3Uq/?igshid=MDJmNzVkMjY%3D
CBDCs:
https://www.instagram.com/reel/CnxOLWoqlyp/?igshid=MDJmNzVkMjY%3D
Banking Quotes:
“I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves." - Andrew Jackson, 7th President of the United States:
"Money is not a measure of value, but a symbol of value. It should be created free of debt, backed by energy or labor, and exchangeable in a ratio determined by the producers of real wealth." - Nikola Tesla, inventor and engineer
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford, founder of Ford Motor Company and the assembly line
"The one aim of these financiers is world control by the creation of inextinguishable debts." - Henry Ford, founder of Ford Motor Company and the assembly line
"People who will not turn a shovel of dirt on the project, nor contribute a pound of material, will collect more money from the United States than will the people who supply all the material and do all the work. This is the terrible thing about interest ... But here is the point: If the nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good." - Thomas Edison, inventor and businessman
"The monetary system is one of the most important tools that a government has at its disposal, and it should be used responsibly. Unfortunately, the current system is being used to benefit a select few at the expense of the many. It's time to end the monopoly of the central bankers and create a monetary system that benefits all Americans." - Ron Paul, former congressman and Presidential candidate
"If Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations." - Andrew Jackson, 7th President of the United States
"Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave." - Leo Tolstoy, Russian writer and philosopher
"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy." - Abraham Lincoln, 16th President of the United States
"The day when money is as easy to transfer between people as sending an email, will be the day when money becomes a true expression of energy, a medium of exchange that aligns with the laws of nature, rather than against them." - Ramez Naam, Egyptian-American author and futurist
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies...The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson, 3rd President of the United States
"I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson, 28th President of the United States
"Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again. However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits." - Sir Josiah Stamp, Director of the Bank of England (1928-1941)
"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves." - Norm Franz, author and precious metals expert
Bitcoin Quotes:
"I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world." - Peter Thiel, co-founder of PayPal. Quote from January 2018, when Bitcoin's price was around $10,000.
"Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value." - Eric Schmidt, former CEO of Google. Quote from March 2014, when Bitcoin's price was around $600.
"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." - Tyler Winklevoss, co-founder of Gemini exchange. Quote from December 2017, when Bitcoin's price was around $16,000.
"I think that the Internet will have a profound effect on the monetary system. Bitcoin is an example of a currency that will take hold." - Ben Bernanke, former chairman of the Federal Reserve. Quote from March 2014, when Bitcoin's price was around $600.
"Bitcoin is a technological tour de force." - Bill Gates, co-founder of Microsoft. Quote from May 2014, when Bitcoin's price was around $500.
"Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets." - Kim Dotcom, entrepreneur and founder of Megaupload. Quote from February 2015, when Bitcoin's price was around $220.
"Bitcoin will do to banks what email did to the postal industry." - Rick Falkvinge, founder of the Pirate Party. Quote from October 2017, when Bitcoin’s price was around $6,000.
"I am a big believer in Bitcoin... Regulation of money supply needs to be depoliticized." - Al Gore, former Vice President of the United States. Quote as of May 2013, when Bitcoin’s price was around $130.
Negative Bitcoin Quotes:
"Bitcoin is a fraud and will blow up. The currency isn’t going to work. I think it's a Ponzi scheme. It’s worse than the tulip bubble. It won’t end well. Someone is going to get killed." - Jamie Dimon, CEO of JPMorgan Chase (September 2017), when the price of Bitcoin was around $4,000.
"Bitcoin is not a currency, it is highly speculative and regulated like gambling." - Christine Lagarde, former head of the International Monetary Fund (September 2017), when the price of Bitcoin was around $4,000.
"Bitcoin is evil, truly vile." - Paul Krugman, Nobel laureate in economics, in a New York Times op-ed (September 2013), when the price of Bitcoin was around $130.
"Stay away from it. It's a mirage, basically... the idea that it has some huge intrinsic value is just a joke in my view." - Warren Buffet, CEO of Berkshire Hathaway (February 2014), when the price of Bitcoin was around $600.
"Bitcoin is probably rat poison squared." - Warren Buffet, CEO of Berkshire Hathaway (May 2018), when the price of Bitcoin was around $9,000.
"Bitcoin is the mother of all bubbles, a bubble that has already burst. [...] It has no fundamental value, no income, no use, and no utility." - Nouriel Roubini, economist and professor at NYU (October 2018), when the price of Bitcoin was around $6,500.
What do the above people have in common? They are closest to the fiat money printer and careers ripe for BTC disruption. “Watch what they do, not what they say”…
Who owns Bitcoin anyways, you ask?
BTC holdings in publicly traded and private companies, ETFs and countries
Notable individuals who own BTC (the list may surprise you!)
Disclaimer:
The above content and resources are for educational purposes only and not financial advice. Should you choose to apply the practices described in the above and/or linked content with bitcoin you own now or may purchase in the future, you do so at your own risk and I shall in no event be liable for any financial loss suffered.