Securing the network and playing the lottery!

Setup an experiment with my 15 year old daughter. She is saving for a car and has around $1,000 so far. I told her to give to me, I’ll buy #BTC and put in cold storage for her. She has so far declined. So I’m going to refer back to this over the next year and a bit and show her what her money converted to #Bitcoin could’ve been worth (What she doesn’t know is that I’ve invested $1,000 for her in BTC, so when she turns 17, whatever that is worth will go towards her car and hopefully by then the orange pill journey will be complete!)

Setup an experiment with my 15 year old daughter. She is saving for a car and has around $1,000 so far. I told her to give to me, I’ll buy #BTC and put in cold storage for her. She has so far declined. So I’m going to refer back to this over the next year and a bit and show her what her money converted to #Bitcoin could’ve been worth (What she doesn’t know is that I’ve invested $1,000 for her in BTC, so when she turns 17, whatever that is worth will go towards her car and hopefully by then the orange pill journey will be complete!)

I can now orange pull the fam, and maybe the dog!

Here is a cheat sheet for 20 questions for when you are trying or orange pill someone with them realising! #Bitcoin 1. Is the first and most well-known cryptocurrency introduced in 2009? 2. Was it introduced by an anonymous person using the pseudonym Satoshi Nakamoto? 3. Is it the most valuable and widely recognized digital currency? 4. Does it operate on a decentralized ledger called the blockchain? 5. Does it have a maximum supply of 21 million coins? 6. Do miners compete to solve puzzles to validate and add transactions to the blockchain? 7. Is the process of creating new units called mining? 8. Has it gained popularity for its potential as a store of value, similar to gold? 9. Is the smallest unit equal to one hundred millionth of a unit? 10. Is a public address used to send or receive transactions? 11. Is it often abbreviated as BTC? 12. Was the concept introduced in a whitepaper published in 2008? 13. Is the first-ever transaction involving it referred to as the “Pizza Day” transaction? 14. Is it known for its pseudonymous nature, as transaction details are recorded on the public ledger? 15. Is a cryptographic signature used to prove ownership of units? 16. Has it experienced significant price volatility over the years? 17. Does the block reward for miners get halved approximately every four years in an event known as the “halving”? 18. Is it possible for two different cryptocurrencies to combine and form a new one, a process known as a “fork”? 19. Is its symbol often represented by the letters “Ƀ” or “₿”? 20. Has it sparked debates and discussions about its impact on the future of finance and technology?

Why did the computer start trading Bitcoin? It heard it could make some “byte-sized” profits in the digital market! #Bitcoin

The only bedtime story to tell your kids! In cyberspace where numbers roam, A tale of Bitcoin finds its home. A digital coin, a treasure bold, Let's learn its tale, so we are told. First, imagine blocks so strong, Chained together, they belong. A ledger safe, we call it "chain," Recording trades, without a stain. To own some coins, you'll need a key, A special code, just for thee. Your wallet keeps them safe and sound, Like magic coins, they can be found. Miners work with all their might, Solving puzzles day and night. They verify each deal you see, For all to trust, and all agree. A finite number, coins in sight, Twenty-one million, shining bright. Inflation's low, so value's high, A digital gold, it'll fly. But be aware, it's not for all, Risks abound, don't blindly fall. Research well, and take great care, Before you join this crypto affair. So, little one, let's learn to wait, Before we jump to speculate. With knowledge deep and patience true, Bitcoin's secrets, we'll pursue. As time goes by, we'll understand, The wonders of this digital land. For now, young mind, let's simply play, And keep on learning, day by day.

Who is #Satoshi ? Elon knows…. In this hypothetical meeting, Satoshi Nakamoto and Elon Musk sit down for a historic discussion on the genesis of Bitcoin. Satoshi: "It's great to finally meet you, Elon. I appreciate your interest in Bitcoin and its potential." Elon: "Likewise, Satoshi. I've been fascinated by the concept of decentralized currency for a while now. Can you tell me how you came up with the idea for Bitcoin?" Satoshi: "Sure, Elon. The idea originated from the flaws I saw in traditional financial systems, where intermediaries control transactions and often misuse people's trust. I envisioned a peer-to-peer electronic cash system that operates without a central authority." Elon: "That's impressive. The concept of decentralization truly addresses many concerns. How did you overcome the challenges of achieving consensus among network participants?" Satoshi: "It wasn't easy, but the proof-of-work consensus algorithm played a crucial role. It ensured that the majority agreed on the validity of transactions, securing the network from fraudulent activities." Elon: "Ah, I see. That's quite a clever solution. But what motivated you to remain anonymous throughout the whole process?" Satoshi: "Privacy was essential for me. I wanted Bitcoin to succeed based on its merits, not because of my identity. I believe it's essential for the long-term success of a decentralized currency." Elon: "I admire your dedication to the idea and the vision behind it. But I'm curious, what do you think about the environmental concerns raised by the energy consumption of Bitcoin mining?" Satoshi: "It's a valid concern. At the time of creating Bitcoin, I focused on establishing its viability and security. However, I agree that addressing the environmental impact is essential as the technology evolves." Elon: "I agree. I've been exploring sustainable energy solutions for various projects, and I'm eager to contribute to making Bitcoin mining more eco-friendly." Satoshi: "Your involvement could be a game-changer, Elon. The potential of combining your expertise with the principles of decentralization could lead to incredible advancements." The hypothetical meeting between Satoshi Nakamoto and Elon Musk concludes with both individuals sharing their visions for the future of Bitcoin and how it can positively impact the world through financial inclusion, innovation, and sustainability.

Choose your own future! #Bitcoin

#NoSecondBest #Bitcoin

Been offline for a couple of weeks, I saw/heard about the Apple #Zap removal. Is there a work around to still Zap? Here’s a Blue Whale with a cigar for shits and giggles!

(Scene: A dimly lit room. Satoshi Nakamoto and Steve Jobs sit across from each other, sipping coffee.) Satoshi: (leaning in) Steve, my friend, I’ve been working on something extraordinary. A peer-to-peer electronic cash system. I call it Bitcoin. Steve: (raising an eyebrow) Bitcoin? Tell me more, Satoshi. How does it work? Satoshi: It’s a decentralized currency, Steve. No central authority governing it. Instead, transactions are verified by a network of computers running complex algorithms. It ensures security and trust without intermediaries. Steve: (intrigued) Fascinating! But what problem does it solve? How is it different from traditional banking? Satoshi: Ah, the crux lies in its nature. Bitcoin allows for near-instantaneous transactions, irrespective of borders or limitations. No more hefty fees, no more delays. It empowers individuals to control their finances. Steve: (nodding) I see the potential. But what about adoption? How will people embrace this new currency? Satoshi: Adoption is the key, my friend. I envision a global movement where individuals and businesses embrace Bitcoin, recognizing its potential to revolutionize finance. Together, we can make it accessible and user-friendly, just like you did with Apple. Steve: (smiling) Indeed, simplicity is the ultimate sophistication. We’ll need an intuitive interface, something that anyone can use effortlessly. We’ll make it beautiful, just like our devices. Satoshi: (excitedly) Precisely! We’ll create a seamless experience, merging technology and design. An ecosystem of wallets and apps that allow for easy transactions. A digital revolution for the masses. Steve: (raising his coffee cup) Satoshi, here’s to the future. A future where money is reimagined, liberated from the grip of institutions. Together, we’ll change the world. (They clink their coffee cups together, filled with the shared excitement of two visionaries embarking on a revolutionary journey.)

Oh, Bitcoin! Thou art a tempting sprite, A digital creation, borne of the night. Thy blockchain, a ledger of mystic lore, Where transactions dance and fortunes soar. But hark! Thy volatility is a fickle dance, For one moment thou art in joyous trance, And in the next, thy value doth decay, Leaving investors weeping, in dismay. Thy miners toil, like alchemists of old, Solving puzzles, seeking treasures untold. Electricity hums, as they labor in vein, Hoping for rewards, their efforts not in vain. Yet, fees and congestion plague thy domain, Thy scalability questioned, causing strain. A tangled web of transactions delayed, While thy enthusiasts cry, “Be not afraid!” Oh, Bitcoin, thou art a revolution bright, Transforming finance with thy decentralized might. But tread with caution, lest thou be beguiled, By promises of wealth, like dreams beguiled. For in this realm of cryptographic art, The risks and rewards play a fickle part. May thou find thy fortune, or else endure, The winding path that Bitcoin does ensure.

Bouncing high and low, it’s Bitcoin, Investors hoping for fortunes to win, Tricky puzzles miners solve with might, Curious minds delve into its light, Oh, the fees & congestion cause a plight, Incredible technology taking flight, No central authority, it’s decentralized.

Bitcoin, a magical coin with a crown, It goes up and down, up and down! People cheer, hoping it will fly high, But sometimes it falls from the sky. Miners work hard, like little bees, Solving puzzles to earn their fees. But the fees can be high, oh dear, Making transactions slow, I fear. Still, Bitcoin is special, you see, It's changing how things can be. Like a treasure hunt, full of fun, With ups and downs for everyone!

Bitcoin, the crypto king, they all adore, A digital treasure, they eagerly explore. Volatility dances with delight, Sending investors on a wild flight. HODLers pray for the moon, While bears howl and hope for doom. Mining rigs hum, consuming power, In search of coins by the hour. But fees and congestion, oh what a mess, Transaction times causing distress. Yet enthusiasts keep the faith, Embracing the blockchain’s wondrous wraith. So, in this world of decentralized glee, Bitcoin, you’re a wild and funny spree. A revolution, a financial tale, With twists and turns that will prevail.

Digital gold shines, Blockchain whispers secrets kept, Decentralized dreams. #Bitcoin

Anyone can join! #Zapathon #Nostr