They can't make more #Bitcoin than your node will allow.
Hedraios
hedraios@nostrplebs.com
npub1pt89...430z
#Bitcoin ๐๐ณ๏ธ โก๏ธ [Keet.io] [Umbrel] [โ๏ธ ๐]
(1) I think Bitcoin's fiat price is strongly impacted by people who value fiat more than Bitcoin, and see Bitcoin as a means to get more fiat:
fiat -> BTC -> FIAT
[repeat]
(2) But others value Bitcoin based on its own characteristics and utility, and these people are largely interested in only a one-way transaction:
fiat -> BTC.
#plebchain
#Bitcoin
I ๐งก sats
Philip almost went to jail so that we could privately interact with each other in this new era of digital, global, communication.
Come cool backstory for those who haven't discovered it yet:


Philip Zimmermann and a new standard for encrypting data | Hidden Heroes
Philip Zimmermann invented the PGP protocol to keep your online correspondence private. And he almost went to jail for that.
It took me about a month to go from fiat to shitcoiner to #Bitcoin er.
An acquaintance had suggested I go on Coinbase and get the free small $dollar amount reward of ETH they were giving away to new users. So I did. Once in, I used Coinbase's little rewards program where you watch a promo on a shitcoin, then are rewarded with a bit of it. Luna. Circle, Dot, etc.
The first time I used a blockchain explorer it was to look up an ETH transaction. (That was a powerful moment for me...when I first looked up a transaction ID on a public digital ledger...)
Looked at all the tokens on Coinbase and wondered what made them different from each other. Which would last? Or appreciate in value?
Bought and lost money on some small amount of Polkadot. Remember reading some guy's social media post about how cryptocurrencies are all narrative: you have to guess which narrative is going to be popular to figure out which coin would appreciate next. Sounded scammy. The pump-n-dump.
Then, no thanks to Coinbase, I encountered the OG. The only digital asset. It seemed different.
BTC.
I started wolfing down old #Bitcoin content from Andreas, then DerGigi, and so many others on YouTube, Reddit, podcasts, audio books and Twitter spaces. Found LookingGlassEducation.com, and paid attention to its messaging from @Daz B and @Seb Bunney ...Became captivated by the solid sanity of what I was learning about #Bitcoin.
Had an awakening.
And now I have a Bitcoin bookshelf.
I have had a low success rate at orange pilling, not for lack of trying.
But the couple of others who grasped it and began to understand it...I have a new bond with them.
I'm now aging into my quiet phase, as I've seen others do. A slow pull back from the initial excitment, from the conversations, the orange pilling, the social media wrangling. Getting back to minding my own business, thinking about opsec, and generational legacy.
I might even buy some Bitcoin myself one day, just in case it catches on.
How might digital scarcity be possible?
...
(If someone figures this out, we might be able to use the thing for money in this digital, internet-connected Information Age)
#Plebchain
#Bitcoin
๐งก @craigraw 's Sparrow wallet
Do you understand what you have before you in #Bitcoin?
Let us give careful thought to the phenomenon of digital scarcity.
We are adjacent to and participating in the arrival of something profound.
#Plebchain
Holy bananas #Bitcoin is so cool
And I've felt this way continuously since awakening to it
Class of 2021 ๐
#plebchain
I ๐งก #Bitcoin
Encountered #Bitcoin in the fall of 2021 and have been falling down the rabbit hole since then.
Have yet to find the bottom.
#plebchain
#Bitcoin goes โ๏ธ๐๐?
My version of a Lambo is simple and practical:
a new, low-time preference, proof-of-work, well-built, quality pair of steel toe/shank leather work boots that will last me for years and years as I take care of my home and family.
Stay humble. Stack sats.
#plebchain
I like #Bitcoin, yes I do;
I like #Bitcoin, how about you?