Ferenc is accepting Bitcoin as a means of payment and integrating BTC into all his Business. For example you can pay in his Hotels with Bitcoin. EVERYBODY will copy that! Subscribe to get the Daily Bitcoin Podcast show updates: youtube.com/robinseyr?sub_confirmation=1 Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://x.com/ferenckovacs Summary Feri discusses his thoughts on Bitcoin and its potential improvements. He believes that Bitcoin's main characteristics, such as block time and energy usage, are important. However, he finds NFTs on Bitcoin and other chains to be useless. Feri also talks about his motivation for speaking about Bitcoin online and integrating it into his businesses. He plans to accept Bitcoin payments in his hotels and rent flats with Bitcoin. Feri sees Bitcoin as a savings technology and encourages others to hold it long-term. He also discusses the importance of waking up early and the benefits of Lightning Network for daily transactions. Bitcoin is not yet a major topic in Austria, Hungary, and the EU, unlike in the US where it is gaining more attention. Bitcoin has the potential to change the way nation-states work by removing the monopoly on money and the money printer. Bitcoin is a peaceful revolution that gives individuals financial power and the ability to make history. Investing small amounts in Bitcoin over time can lead to significant gains and change the lives of average people. Proof of work, both in Bitcoin and in life, is a concept that has been deeply influenced by Bitcoin. Takeaways Bitcoin's main characteristics, such as block time and energy usage, are important. NFTs on Bitcoin and other chains are considered useless by Feri. Feri integrates Bitcoin into his businesses by accepting Bitcoin payments in his hotels and renting flats with Bitcoin. He sees Bitcoin as a savings technology and encourages long-term holding. Feri believes in the benefits of waking up early and uses Lightning Network for daily transactions. Bitcoin is not yet a major topic in Austria, Hungary, and the EU, unlike in the US where it is gaining more attention. Bitcoin has the potential to change the way nation-states work by removing the monopoly on money and the money printer. Bitcoin is a peaceful revolution that gives individuals financial power and the ability to make history. Investing small amounts in Bitcoin over time can lead to significant gains and change the lives of average people. Proof of work, both in Bitcoin and in life, is a concept that has been deeply influenced by Bitcoin. Chapters 00:00 Introduction and Bitcoin Criticisms 01:31 Using Social Media to Educate and Inspire 04:22 Bitcoin as a Savings Technology 06:53 Integrating Bitcoin Payments into Businesses 10:19 Layer 2 Solutions: The Future of Payments 14:31 Challenges and Potential Attacks on Bitcoin 25:04 Bitcoin Adoption and Business People 27:13 The Political Landscape and Bitcoin in Hungary 30:06 Bitcoin's Impact on Geopolitics 32:47 The Concept of Proof of Work 35:04 The War on Privacy