#Bitcoin is purifying the economic voting station. There’s a difference between a political democracy and an economic democracy. The #BTC will allow productive market actors to decide on the best formation of governance, products and services.
Thoughts taken from @Robert Breedlove
CWM
ABitcoinGuy@BitcoinNostr.com
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“Do unto others and be done unto by them only by mutual agreement, keeping in mind how it will affect others” - The Bitcoin Rule.
“Bitcoin is the technology that can finish the revolution the internet started.” Peter St Onge
The #Bitcoin is Gutenberg 2.0
Forget FIAT failing…the internet (as we know it) will soon become the Wild Wild West filled with fraud, scams and data leaks.
The internet is going to fail.
The only thing that AI can’t hack is #Bitcoin
In order to conduct online business in a safe, secure cyberspace environment with the improvement of AI’s ability to manipulate data for a zero sum game of scams and fraud, it will be hard to find a safe zone.
The #BTC is the solution and I’m sure businesses and individuals will pay a lot of money to use and host activity on this trust-minimised, secure,decentralised, permissionless, immutable network.
F**k BlackRock wanting your #btc Anon…soon the world economy is going to want it.
I’m not too sure how many Plebs have got to this stage in their #BTC journey.
I no longer see #BTC as a monetary network or #btc as ‘money’ only. I see it as a ledger for P2P scarce digital property that exhibits excellent monetary properties for application as a form of money.
I see #BTC as the protocol base layer for the new internet of value. The Internet of value is not just money Anon…it’s for everything on the internet we deem valuable.
With A.I apps able to manipulate bits of data such as images, videos sound files to no end…everything about your online persona is threatened to scams and fraud.
The TCP/IP base layer provides the internet of information. Infinite bits of data in cyberspace Anon that we share
The #BTC base layer provides bits of data that is limited, secure and decentralised.
With this understanding, how can you not want to learn how to code and build on this amazing disruptive revolutionary technology.
Gold’s cost of transportation scales as a % of the value of the gold being transported, transaction fees in #BTC scale based on the amount of data a transaction consumes.This means that a #BTC transaction may be moving tremendous value while paying a very low fee.
Thoughts taken from a @BitcoinPierre piece from @TimelessBitcoin titled ‘Bitcoin Versus Gold’
Gold is beautiful. I 🧡 the pleasing aesthetic rock. The 🌍 knows it’s a stable store of value & has had 5000 years to prove itself.
#Bitcoin has only had 14 years to prove itself. The economy & market is still discovering #BTC. The tech is still in market price discovery.
First mover advantage counts but if #Bitcoin wasn’t the first & let’s pretend an Altcoin was the first…would #Bitcoin still be the dominant player in the Cryptocurrency Blockchain game?
Remember Anon.
We Are The HODLERS of Last Resort🫡⚡️🧡
#bitcoin is a store of value because of its scarcity & durability.
#bitcoin is a medium of exchange through its properties of portability, divisibility, fungibility
What properties will allow it to become a Unit Of Account?
The #Bitcoin has had to withstand multiple attacks in its 14 year existence. Every time attacked, it comes back stronger. Contributing to its anti-fragile nature is the resilience of its incentive structure.
I day dream about the #Bitcoin market price all day. What would I do if #Bitcoin reached a market valuation where I could do whatever the f**k I wanted to do for the remainder of my days
Currently with #Bitcoin script, we can only define conditions for funds being spent (inputs) but not what happens to those funds after being spent (outputs).
A #Bitcoin covenant is a mechanism to enforce conditions on future bitcoin transaction outputs.
Yo Momma so dumb she stacks SATS to buy dollars and then uses those dollars to buy Ethereum.
Did you know that Satoshi.Nakamoto wrote the code for #Bitcoin before writing the whitepaper!
It’s not what #Bitcoin can do for you but what you can do for #Bitcoin.
It’s not a question if Satoshi.Nakamoto will win the Noble Prize…it’s what Noble Prize will be/she/they win?
For Chemistry? Through #Bitcoin Element Zero on the periodic table was discovered.
For Peace? #BTC will defund unnessecary wars and is a very useful humanitarian tool
For Economics? The #BTC is perfectly engineered money
For Physics? The #BTC is transforming the energy sector by utilising stranded energy, stabilising grids, reducing methane emissions from gas flaring and landfills.
For Literature? The #BTC inspires so many content creators
Physiology or medicine? The #BTC has been compared to many living organisms and has even been called ‘a new form of digital life’. We are still learning about our symbiosis with #BTC & those who have studied it at depth, confirms + changes in how they interact with the 🌍 .
Satoshi.Nakamoto may become the 1st winner of all noble prize categories.
Anon, did you know that when assesing how much Proof Of Work (POW) went into mining a #Bitcoin block, looking at how many 0’s at the start of a block hash number can be used as an indicator of the difficulty.
When studying the complex matter of The #BTC, remember Anon to differentiate between Maths, Science, Philosophy, Culture & Poetry…fiction and non-fiction.
The #Bitcoin is magic and it is because of these properties, it’s perceived differently through the lens it’s studied from.