Bitcoin Coalition of Canada
Bitcoin Coalition of Canada
Education. Outreach. Policy. Research.
Trevor G
chainslight@iris.to
npub1zya0...ykjg
Family Friends Computers n #Bitcoin #Nostr Living life one Byte at a time Bimblebit Editor
Does Canada need to:
1⃣ minimize tax exemption for Bitcoin transactions under $10,000 CAD
2⃣ Eliminate capital gains tax on BTC held for 1yr +
3⃣ Remove regulatory red-tape and incentivize Bitcoin mining in Canada
4⃣ Establish a 🇨🇦 Strategic Bitcoin Reserve
Bimblebit.
Shoot the Sh?t.
Bitcoin (the unit) is fixed, everything has a value that floats in relation. This relationship exists whether you choose to recognize it or not.
C0 FF EE. I will never be able to unsee this. "cup of hex" please.
2016 blocks x avg(10min) = avg (20160 min) / (60min /hour) = 336 hours / (24hours a day) = 14 days.
Proof of work difficulty adjusts approximately every 2 weeks, 2016 blocks to target 14 days elapse time.
At this point, I like to think Bitcoin and the Debt Ceiling are the same;
must be raised every cycle,
cannot be stopped,
creates economic stimulus,
limits temporarily removed,
every four years, we do it again
210,000 Bitcoin Blocks is approximately 4 years.
Given on this day in 2010, 2 pizzas were bought for 10000 BTC, please estimate when 10000 pizzas could be bought with 2 BTC? Further, how does one deliver 10,000 Pizzas. Hmmm, seems a legit metric, and a fun challenge to consider. Surely, I have better things to do.
Hey Nostrians, what Incentivizes you? Please try to put it into one sentence.
npub1zya050rzhrvwuwtmfxn8fpuuw7zczzr73wu5yv6xl0j9hv4rahssk8ykjg
Verifying My Public Key: "@ChainsLight"
npub1zya050rzhrvwuwtmfxn8fpuuw7zczzr73wu5yv6xl0j9hv4rahssk8ykjg
Verifying My Public Key: "@ChainsLight"
Well, AI imaging was a good use of a day... ??
AI = "Algorithmic Inference", while fun it's not intelligent