#Bitcoin

GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡

We are coming #Bitcoin

Note to self: Never forget, #Bitcoin is not a medium of exchange or money. Bitcoin is a tool to bring freedom into the hands of individuals. Bitcoin is a neutral giant that serves the individual. Bitcoin is not a replaceable technology, it is a peaceful revolution in progress. ☮️

GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡

#Bitcoin's inelasticity means it has no top because inflationary fiat currencies have no bottom. The status of owning 1 BTC and being part of the "21 million club" will become far more attractive than being a millionaire in dollars—sooner than you might think. Just take a look at the global data below. The number of millionaires worldwide has been steadily increasing... and it has grown A LOT in recent years! One million dollars is no longer what it used to be at the beginning of the century. ONE BITCOIN will increasingly be coveted as a symbol of wealth and status. Don’t underestimate the above and think it will take long.

A massive fixed income/credit bubble has formed due to optimism and the abundant supply of primary money by the Fed after 2008, and in record amounts in 2020 due to the pandemic. The result: inflation. The market in 2021 and 2022 reacted to this by demanding higher interest rates (rates went from zero to 5% per year). The Fed began withdrawing this liquidity by selling assets back to the market. However, the market, still fearing inflation, does not understand that interest rates need to continue being reduced. The Fed, however, by continuing to withdraw liquidity from the market, is leaving it with a very low level of monetary base, insufficient to support the existing monetary aggregates (credit). In other words, if the Fed decides it needs to raise interest rates and keep withdrawing liquidity from the system, it will precipitate the bursting of the massive credit bubble. On the other hand, if it decides to lower interest rates, the market itself will interpret this as a compromise in inflation control and, as a result, will raise interest rates on its own, also likely triggering the bursting of the credit bubble.

🚨The limits of the quantitative monetary expansion carried out by the FED are approaching. The FED may be in a difficult situation, since it has injected so much new money into the market for more than ten years, buying securities of all types, that now, by continuing to withdraw this liquidity, it may end up leaving the market with a volume of base money (M1) below the minimum recommended to support the immense volume of credits (M2 and M3) existing in the system.

One of the indicators (proxies) of poverty in History is the increase in the average age of marriage. It is the first time that wealth has exploded and the age of marriage has risen instead of falling. Wealth has exploded for criminals, since 1971 decent people have had their income and work increasingly taxed, regulated and made unfeasible. #Bitcoin fixes this.

Fun Facts About the Bitcoin Genesis Block January 3, 2009: On this day, 16 years ago, Bitcoin was born. 🌍⚡ The Genesis Block (Block 0) was mined by the enigmatic Satoshi Nakamoto, marking the beginning of a revolution in money and sovereignty. Why is the Genesis Block so special? It didn't just set Bitcoin's blockchain in motion; it also carried a profound message in its Coinbase data: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." This statement reflects a pivotal moment in history and underscores the philosophy behind Bitcoin. A Message to the World
 The inclusion of this headline was no coincidence. It highlighted the failures of the traditional financial system during the 2008 crisis. Bitcoin emerged as a response—a decentralized currency, resistant to censorship, and free from the control of banks and governments. Without the systemic collapse of the gold standard and globally negative real interest rates, Bitcoin might never have been conceived, let alone reached its current significance. In two more years, it’ll reach adulthood. If Bitcoin surpasses gold's market value before its 21st anniversary and remains robust into its 30s, it will have fulfilled its historic mission. Fascinating Facts About the Genesis Block
 - Pre-mined by Satoshi: It was created before the Bitcoin network became fully operational. - 50 BTC Reward Locked Forever: The reward for Block 0 can never be spent. - Custom Difficulty: Its hash starts with a symbolic string of zeros, but the mining difficulty was manually set by Satoshi. 
 The Six-Day Mystery After mining the Genesis Block on January 3, 2009, Satoshi waited six days to mine the next block: - Block 0: 2009-01-03 18:15:05 - Block 1: 2009-01-09 02:54:25 The reason remains a mystery. Some speculate that Satoshi might have been making a subtle reference to the Biblical account of creation in six days. 
 Interestingly, the Genesis Block address has since received over 41,823 transactions and holds 100.30387403 BTC. The initial 50 BTC reward, however, will forever remain unspendable. Bitcoin: From Genesis to Revolution As of January 3, 2025, Bitcoin continues to inspire millions as a symbol of financial sovereignty. Its journey from the Genesis Block to today serves as a testament to the power of decentralized innovation.

#Bitcoin #PROOFofKEYS

Would you pay to be sodomized? #PROOFofKEYS View quoted note →

*Curious fact: The iconic Times headline referenced in Bitcoin’s Genesis block includes a note about the price of a pint of beer dropping to 99p. It states: • 1989: 1 pint = £0.99 • 2008: 1 pint = £1.69 • 2021: 1 pint = £6.00 • 2025: 1 pint = £8.00 👀 😖 Poetic inflation 🍻 View quoted note →

The Immaculate Conception of Digital Scarcity cannot be replicated by anyone. It is a unique event. On January 3, 2009, the Genesis block was mined — from darkness comes light, expanding uncontrollably through cyberspace. #Bitcoin is a force of nature

GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡

The Bitcoin network has just surpassed the historic milestone of 1 Zeta Hash. 1 ZH/s (one zeta hash) is 1,000,000,000,000,000,000,000 (one sextillion) hashes per second. This is the number of times per second that all miners combined try to solve the proof of work.

If humanity were able to develop a “savings technology” that: • Used encryption because there is no freedom without privacy; • A native digital commodity with easy verification; • The adoption curve would surpass the “chasm”; • 15 years in a process of hyper-monetization; • Volatility dropping sharply every 4 years; • Deflationary, inelastic, and immutable supply; • Global liquidity rising, to the point of being among the 10 most liquid assets in the world; • Had properties and capabilities of store of value -> medium of exchange -> unit of account; • Impossible to confiscate; • Risk-adjusted returns superior to any asset over a reasonable period; Would this technology be hated or loved by the majority? #asknostr

Proof-of-Keys on January 3rd is not only for withdrawal from the exchange, but from your Lightning custodial and Liquid EVERYTHING for the on-chain network as well, ok?

#Bitcoin