It's fun checking in on my #BitAxe every so often to see if this little number in #AxeOS has gone up:
#Plebchain
#Bitcoin

What would cause my Nostr Profile Pic to disappear?
#AskNostr
Gresham's Law:
"Bad money drives out good."
Meaning that when two forms of currency with the same nominal value exist, people will tend to hoard the more valuable currency (good money) and spend the less valuable currency (bad money), ultimately leading to the devaluation of the monetary system.ββββββββββββββββ
#Bitcoin
#Plebchain
What is money useful for? -> What traits make something useful as money -> Which things posses those traits?
#Bitcoin
#Plebchain
Digital. Scarcity.
#Plebchain
#Bitcoin
This thing is solid.
Weighty. Heavy.
Bright screen, satisfying buttons.
#Bitcoin
#Passport
#Foundation.xyz

Sometimes we hear comments about the complexity of #Bitcoin self-custody.
I feel like I have a pretty good handle on that...
...but I don't understand most of the technical language of the #Microstrategy fiat printer.
Q: What's the only thing that's better than #Bitcoin?
A: More Bitcoin
---
- Saylor, at the Cantor Crypto, Digital Assets and AI Infrastructure Conference in Miami, Florida, Nov 13-14, 2021
#Bitcoin is a hybrid information stream, anchored to reality in the concrete world of physics by Proof-of-Work, and aligned with accuracy in the abstract world of information by mathematics.
Almost like DNA, it's physically-bound information.
So it's not fiat.
My #Bitcoin rabbit-hole journey, which started in 2021 with Coinbase's "free $30 credit for a shitcoin if you create an account with us", has led me further and further backward into history.
"Thank God for Bitcoin" 2020 AD, cites ->
"The Ethics of Money Production" 2018 AD, cites ->
"De Moneta" 1360 AD, cites->
Cassiodrus of Rome 500 AD, cites ->
Aristotle, 350 BC, cites ->
King Solomon, 1000 BC, cites ->
God, the Father Almighty, maker of heaven and earth.
Proof-of-work makes Bitcoin a commodity money - the commodity being nature's own energy.
The importance of this money-trait was explained in 1786 by Thomas Paine:
--------
"I remember a German farmer expressing as much in a few words as the whole subject requires:
'Money is money, and paper is paper.'
"All the invention of man cannot make them otherwise. The alchemist may cease his labors, and the hunter after the philosopherβs stone go to rest, if paper can be metamorphosed into gold and silver, or made to answer the same purpose in all cases.
"Gold and silver are the emissions of nature: paper is the emission of art."
...Read More:
https://mises.org/mises-daily/thomas-paine-paper-money
#Bitcoin
#Plebchain
March 16, 1967
"A BILL: To eliminate the requirement that the Federal Reserve banks maintain certain reserves in gold certificates against Federal Reserve Notes."

Google Books
Gold Cover
Considers S. 1307, and similar S. 2815 and S. 2857, to eliminate the gold reserve requirement for U.S. currency.
Stay humble
Stack sats
#Bitcoin
#Plebchain
"All is chaos where there is deceit in the unit of measurement."
- Cassiodorus, a Christian Roman statesman, a renowned scholar and writer who served with Theodoric the Great in the 5th century.
#Bitcoin
#Plebchain
#Bitcoin tells the truth.
That's worth something.
Anyone else feel relief when #Bitcoin dips, but nervous and unsettled when it pumps?
#Bitcoin gave me an increased understanding of ownership. I'd not given property rights much serious thought until Bitcoin.
#Plebchain
I plan on getting a solar #Meshtastic node up and running for my area.
I don't have anyone to talk to on it just yet, but I like the idea of contributing to a local mesh communication network
I enjoy thinking about #Bitcoin
I π§‘ #Bitcoin