#bitcoin circa 668981
#nostr circa December 19, 2022
#npub19updwmcfve4wqahxt04kplcet6mlgj63cuc50f4rwaytl27kpf7qxjtt6r
nostrpurple.com/s/nostrnaut
petition.parliament.uk/petitions/73...
petition.parliament.uk/petitions/73...
bitcoin’s ledger, auditable supply, issuance schedule (as maintained by the difficulty-adjustment) is *trustless*
bitcoin’s ledger, auditable supply, issuance schedule (as maintained by the difficulty-adjustment) is *trustless*
– Albert Einstein
– Albert Einstein
with a new bitcoin all-time high and bitcoin treasury companies soaring, you may want to take a better look at this next time
#bitcoin
#strategy
#metaplanet
with a new bitcoin all-time high and bitcoin treasury companies soaring, you may want to take a better look at this next time
#bitcoin
#strategy
#metaplanet
Janis, I. L. (1972) Victims of Groupthink: A Psychological Study of Foreign-Policy Decisions and Fiascoes
About Michael Saylor and his amazing magic money machine. Take bitcoin, add mind-boggling amounts of financial engineering and a huge dose of very online crypto hype, and suddenly a lot of people are making a LOT of money
www.youtube.com/watch?v=O_Wj...
Janis, I. L. (1972) Victims of Groupthink: A Psychological Study of Foreign-Policy Decisions and Fiascoes
Toxicity is a predictable biproduct of answering the same questions over again for the last 15+ years.
It's a super weird scene.
Toxicity is a predictable biproduct of answering the same questions over again for the last 15+ years.
I still have this app
I still have this app
In this episode we discuss
- What is #Bitcoin mining
- Energy and how the grid works
- Bitcoin miners, community stewardship and more
progressivebitcoiner.com/tpb85-bitcoi...
In this episode we discuss
- What is #Bitcoin mining
- Energy and how the grid works
- Bitcoin miners, community stewardship and more
progressivebitcoiner.com/tpb85-bitcoi...
its issuance rate is just 0.85% annually
it is now harder than:
- Gold (market cap ~$16.08T)
- Silver (market cap ~$1.60T)
- Real Estate (market value ~$380T)
🧡
its issuance rate is just 0.85% annually
it is now harder than:
- Gold (market cap ~$16.08T)
- Silver (market cap ~$1.60T)
- Real Estate (market value ~$380T)
🧡
When others have said “Have fun staying poor”, what they’re really doing is pleading with you to wake up - for the love of God.
🧡
When others have said “Have fun staying poor”, what they’re really doing is pleading with you to wake up - for the love of God.
🧡
46 days later, on August 15, Richard Nixon took the U.S. off the gold standard, marking the end of the dollar’s convertibility to gold at a fixed value.
5 golden tickets;
21 million #bitcoin.
46 days later, on August 15, Richard Nixon took the U.S. off the gold standard, marking the end of the dollar’s convertibility to gold at a fixed value.
5 golden tickets;
21 million #bitcoin.
“The fundamental distinction of a commodity is it’s an asset *without* an issuer. Bitcoin is a *decentralized* asset *without* an issuer.”
“Dumb money buys a crypto network which is a *centrally-controlled* asset *with* an issuer.”
- Michael Saylor
Moving the needle on this metric will become harder as price appreciation grows
Consider the following:
- 1000 sats/$1 USD = $100K BTC
- 500 sats/$1 USD = $200K BTC
- 50 sats/$1 USD = $2M BTC
- 10 sats/$1 USD = $10M BTC
- 1 sats/$1 USD = $100M BTC
#bitcoin #unitofaccount
Moving the needle on this metric will become harder as price appreciation grows
Consider the following:
- 1000 sats/$1 USD = $100K BTC
- 500 sats/$1 USD = $200K BTC
- 50 sats/$1 USD = $2M BTC
- 10 sats/$1 USD = $10M BTC
- 1 sats/$1 USD = $100M BTC
#bitcoin #unitofaccount