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Hedraios
hedraios@nostrplebs.com
npub1pt89...430z
#Bitcoin 🐇🕳️ ⚡️ [Keet.io] [Umbrel] [✝️ 📖]
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Hedraios 2 years ago
Strong signal consistently coming out of Florida's Bitcoin Bay on Twitter npub18ahjtwykuzy7la6c773que0dz6sc5t866e6sw5zg9jh985vga6dsju0u8c Look forward to that content flowing through Nostr as well ⚡
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Hedraios 2 years ago
Morning me is much more positive than evening me. I would be wise to remember that when posting to Nostr. Stay humble. Stack sats 😋 #bitcoin
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Hedraios 2 years ago
"When the State Turns Against Its Citizens" [ If they did it once, they'll do it again ] ________ In 1933, an American President used his governmental authority against the American citizenry. President Franklin Delano Roosevelt forced American citizens to relinquish their gold, under penalty under penalty of a $10,000 fine, or ten years' imprisonment, or both. The gold had belonged to the citizens. The government wanted it. So they changed the laws and took it, giving paper coupons in return. Executive Order 6102 was implemented so the U.S. government could devalue the dollar more aggressively to stimulate the economy during the Great Depression. (So long as citizens had the opportunity to preserve their wealth in gold, such economic stimulus would result in obvious, high inflation.) The executive order compensated owners $20.67 for each troy ounce of gold. Shortly after issuing Executive Order. 6102, President Roosevelt raised the price of gold from $20.67 to $35 per ounce, devaluing the paper dollar coupons by 58% in one day. ____ image
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Hedraios 2 years ago
"There are some problems involved with implementing unforgeable costliness on a computer. If such problems can be overcome, we can achieve bit gold. "This would be the first online currency based on highly distributed trust and unforgeable costliness rather than trust in a single entity and traditional accounting controls. "Hal Finney has implemented a variant of bit gold based on a tamper-evident computer plug-in card, for which remote users can verify what code is running on the card." - Nick Szabo, August 2008.
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Hedraios 2 years ago
#Bitcoin in cold storage: unforgeable costliness
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Hedraios 2 years ago
#Bitcoin in cold storage: savings for a better future.
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Hedraios 2 years ago
#Bitcoin in cold storage: easy to transport.
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Hedraios 2 years ago
#Bitcoin in cold storage: easy to hide.
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Hedraios 2 years ago
#Bitcoin in cold storage: difficult to steal.
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Hedraios 2 years ago
#Bitcoin in cold storage: money for the mature.
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Hedraios 2 years ago
#Bitcoin in cold storage: full responsibility.
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Hedraios 2 years ago
#Bitcoin in cold storage: absolute control.
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Hedraios 2 years ago
#Bitcoin in cold storage: no one owns it but you.
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Hedraios 2 years ago
Can anyone point me to a community focused on the concept of mesh networking? (I.e. a way to preserve some form of internet access / communications in case of autocratic shutdown, war or natural disaster) The only ideas I have right now are related to Ham radio and a product like GoTenna…
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Hedraios 2 years ago
"Human nature, throughout time, has always manipulated money." - Jeff Booth
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Hedraios 2 years ago
🤡 A lie about value [fiat] = evil money 🪨 Uncommon grey rocks [silver] = okay money 💰 Rare yellow rocks [gold] = quite good money ⚡️ Digital, scarce, immutable, portable, verifiable, divisible, accessible, set of UTXOs [unspent transaction outputs] created only via the unforgeable costliness of a time and energy expenditure = really good money! #Bitcoin
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Hedraios 2 years ago
Not that I claim to own any Bitcoin, but theoretically if I did own some Bitcoin: I'd probably go on walks and repeatedly sing my seed phrase words in my head in order to memorize them; maybe humming them over and over again to the melody of a a common nursery rhyme tune...? image