Jack Less's avatar
Jack Less
jack@bitcoinpark.com
npub1r8nu...lz9r
⚡️ Bitcoin Park Austin 🧘‍♂️ Satflow Yoga
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jackless 10 months ago
🌺🌸🌷🌼 Spring into #Bitcoin Fest is coming! Join the @Austin Bitcoin Club for this full day’s event benefitting ALS Network’s Hal Finney ALS/MND Research fund! Buy tix using the link below 👇 image
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jackless 10 months ago
@jack talked about in a Citadel Dispatch with @ODELL that if Bitcoin is unable to come to fruition as digital cash then the project has "failed". This has raised questions of how to onboard new bitcoiners and focusing on its payments or store of value characteristics. I don't disagree with Jack at all, but think that using Bitcoin's qualities as a way to accelerate its adoption as a Store of Value provides a unique value proposition to help channel more capital into bitcoin that ultimately enables the innovation towards future payments and transfers of bitcoin in everyday purchases. But, if this capital is parked in a "digital rock" as skeptics argue (like the ETF), then it could stifle the innovation of self custody and having a digital cash to grow the circular economy. Or worse, if all bitcoin holdings are in centralized institutions then we haven't democratized the financial system that Bitcoin has enabled across the world. This is a chicken and egg problem of what is the most effective way to Orange Pill new users because both approaches have strengths and drawbacks to the future of bitcoin. For me, I tend to fall on the store of value and savings side of Bitcoin as the first step of taking the Orange Pill. I think getting people off zero for what they are personally accountable to will create a curiosity towards self custody and P2P transactions of using bitcoin. Business owners that begin with using bitcoin as a store of value for their profits can gradually accelerate their digital transformation towards a Bitcoin Standard. It starts with getting off zero and solving their short term problems for a long term solution. #DailyDose #DigitalTransformation
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jackless 11 months ago
🏆 Bitcoin Will Win: 🔒 Security – Bitcoin’s Proof of Work (PoW) mechanism and globally distributed network makes it the most secure digital asset. Unlike traditional financial systems prone to breaches and manipulation, Bitcoin operates on a cryptographic foundation that has never been compromised. In a world of increasing cyber threats, security isn’t optional—it’s essential. 🔗 Interoperability – Bitcoin is the base layer of value on the internet. Bitcoin is becoming more accessible, scalable, and integrated into global financial systems. Bitcoin’s protocol enables seamless transactions and broad adoption across clients and tools. 🌍 Decentralization – No single entity controls Bitcoin. No CEO, no government, no corporation. Its decentralized nature ensures that no one can print more, censor transactions, or alter its fundamental rules. ⚡ Scalability – Bitcoin scales in layers, just like the internet. The base layer ensures security and settlement finality, while Layer 2's like the Lightning Network enable fast, cheap, and scalable transactions. This layered approach ensures Bitcoin’s usability for billions while preserving its trust-minimized core. Bitcoin is no longer competing with other cryptocurrencies—it’s competing with fiat, central banking, and legacy financial systems. These four pillars ensure that Bitcoin is the true transformation and innovation—it’s winning. As businesses continue to look to alternatives to preserve wealth, the answer will continue to trend towards and into bitcoin. Once you are ready to get started with your own bitcoin strategy, let me know. #DailyDose #DigitalTransformation #Bitcoin
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jackless 11 months ago
SAB121 Repealed! Wild to learn that 96% of Americans are banked. But, now that banks can hold #bitcoin it’s important to call out the type of custody they offer to their customers. Self custody is 👑 #artstr #my2sats
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jackless 11 months ago
Not much casual about it ⚡️
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jackless 11 months ago
For normies I’m trying to get off zero. Any notes? #bitcoin #artstr #asknostr
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jackless 11 months ago
Here's some clarity and background into my Bitcoin journey: Since 2017, I’ve been immersed in the Bitcoin ecosystem. I first heard about this "bitcoin thing" as a senior in high school when it was called out in a single sentence of an AP economics textbook. I immediately was drawn to the idea of what I conflated as a "direct-to-consumer" money. I didn't realize at the time how much more it is. Over my 4 years at Indiana University I continued to stay engaged trying to read any news story I could find, and even had the privilege of seeing Dr. Saifedean Ammous give a keynote presentation on his soon to be best seller "The Bitcoin Standard" as an intern for Fidelity Investments in 2018. I was on the path of becoming fully Orange Pilled. COVID lockdowns and excessive money printing opened my eyes to the true power and importance of the Bitcoin protocol in 2020 and from then on it's been full steam ahead. I read and listened to everything from the technical to the philosophical side. I began to see the world in a different light understanding that the foundations many of our systems are built on is the result of a broken money supply, runaway inflation, and high time preferences. In 2022 I started attending Bitcoin Meetups anywhere from Chicago, New York City, Nashville, and of course now Austin Texas - the bitcoin capital of the world. I've met and connected with so many incredible builders, mentors, and creators in the industry. Now I hope to illustrate in my posts how bitcoin is the fuel and catalyst to long-term transformation, innovation, and sustainability. Technology is a tool used to accelerate growth and bitcoin is a fundamental source for this success. My goal is to make this understanding simple and practical. So, you’re curious about how Bitcoin can unlock new opportunities for you or your business, I’d love to connect and chat. Feel free to reach out—I’m here to guide you through the complexities of adopting Bitcoin and simplifying the path to taking the Orange Pill. 🚀 #DailyDose #DigitalTransformation #Bitcoin #BusinessInnovation image
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jackless 11 months ago
I think there’s a story here. Bitcoin ↔️ LEGO The required focus for adoption and the simplicity of the brick 🧱. #bitcoin #bookstr #asknostr