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npub1rwep...q2h4
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mykopikid 1 year ago
Looking back 15 years ago to ponder the future. image
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mykopikid 1 year ago
Free range eggs, 2 ways.. add cottage cheese, butter and salt..
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mykopikid 1 year ago
The beauty of art and science in coffee.
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mykopikid 1 year ago
Three important area of understanding that give us a purposeful life: 1. Our faith 2. Our diet 3. Out economic value Our faith: Without which our time preference tend to be low. If there is no potential after the physical existence, let eat, drink and be merry... for tomorrow we die. Our diet: If I get a brain tumour or weird disease, what can I do? But destroying our body by eating tonnes of junk, like refined carb and sugar, being lied to by powers controlling our society that eating frequently is good, "vegetable oil is good", saturated fat is bad.. makes us physically weak and will constantly be dependant on big pharma companies to sustain us. Let's wean ourselves off Fiat Food. Our economic value: By having proper understanding of our faith and diet, we now can have a lower time preferance and a longer view of things. Let's wake up from the lies of the fiat mindset and debt-based economy. Let's store our value in strong, neutral money where they cannot be devalued, debased nor destroyed. Let's bitcoin.
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mykopikid 1 year ago
just onboard someone to @AquaBitcoin to move their entire stack away from Huobi exchange. Now they can easily move their bitcoin between on-chain, liquid and USDt.
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mykopikid 1 year ago
Excellent Bitcoiner Malaysia meetup @BitcoinerMY Thank you guys and gal for coming. We discussed: - fees - scaling with bitcoin bank? - what is the currency of the future? you want btc or USDt ? - demo prototype of ground-breaking new multi-sig hardware wallet. it's damn cool. And some smaller discussions but no less important - running nodes, mining, block collision - liquidity or exit scams, are they real? RWA tokenization?image
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mykopikid 2 years ago
I have a block clock that also plays a RM1mil lottery every 10 min. image
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mykopikid 2 years ago
I'm beginning to see the power and coolness of ecash like Cashu and Fedimint.
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mykopikid 2 years ago
Regarding using bitcoin as a Medium of Exchange. Michael Saylor thinks that bitcoin is primarily a superior asset where there is no second best. It is the best Store of Value. Thus the ease of payment mode using bitcoin as a medium of exchange will not be the main factor that drives bitcoin adoption worldwide. No one after all, will buy a prime property in central New York with the intention to break up a small piece to buy a cup of coffee. To that, I agree. No one, given a choice will use something that cannot store value as a medium of exchange unless it has the power of force and guns behind it. Essentially, the govt forces you to use something that cannot store value as a medium of exchange. If you are a Venezuelan, you have no choice but to use the bolivar. If some of us are old enough or remember stories told to us by our grandparents, during the Japanese Occupation of Malaya, they were forced to use the “Banana currency” with literally a picture of banana on the paper printed indiscriminately by the occupying invaders. They have no value. No one wants them if not due to a gun pointing to their head. Traditionally, going back to the ancient of days, that which has a strong capability to store value tends to NOT work very well as a medium of exchange. A gold coin was very difficult to use if you are trying to buy a chicken or some fishes to feed your family for the day. Even in ancient China, while the emperors, rulers and lords stored their wealth in gold, the common people used silver and copper as a medium of exchange. I posit that for bitcoin to have global adoption, it must be recognised as an undeniable store of value, an asset with no second best. This is what will drive global adoption. BUT unlike gold and real estate, bitcoin is also something very portable, divisible and easily transmitted over space via the Internet. Anyone can use bitcoin as a medium of exchange today if they wanted to. For small and fast payment, bitcoin on the Lightning Network is excellent. We are not anywhere even near to the limit of the Lightning Network. Third Parties Custodial services, frown upon by many, are incredibly efficient. Improvement on Self-custodial Lightning is continually being improved on but the current tech will not be used by the masses. The pros and cons of custodial issues require a different discussion. We also have federated solutions like Liquid, Fedimint and Cashu E-Cash that are fast and private. And all these are continually being improved. We need not be overly anxious that a billion people cannot use bitcoin as a medium of exchange because while it is super efficient and fast to use now, we cannot even get 10 million to use them. Storing of ones’ value in bitcoin is of higher importance now and certainly more urgent. Our fiat money loses value month by month, year by year continuously. But almost no one has a problem using their fiat money as a medium of exchange. Thereby, I would say positioning bitcoin as a second to none, superior Store of Value, resistant to both State confiscation and censorship is the message to the masses. I’m confident that the bitcoin tech communities will continue to build towards hundreds of millions to billions of users going forward. I am sending and receiving bitcoin over the Lightning Network almost every day with 99.9% success rate using my own LN node and some custodial services. We are still very early.
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mykopikid 2 years ago
When I was a young bitcoiner and also a shitcoiner, I like to use wallet that supports all the shitcoins, with tonnes of features, futuristic designs, very cool sounding name... like Exodus, Trust, Coinomi etc... Now that I've grown up, I dump all the shitcoins. Now I want those boring wallets, that ever heard of shitcoins, no defi... be simple, be secure, be open-sourced, virtually unhackable and unruggable. Hot Wallet (with direct Internet connection, therefore with tiny possibilities of being hacked): 1. Green Wallet 2. Blue Wallet 3. Samourai Wallet Cold Hardware Wallet (with no direct connection to the Internet, open-sourced and cannot be hacked remotely) 1. Jade 2. ColdCard 3. Foundation 4. Trezor (if using Trezor, make sure it's bitcoin-only firmware) Best Desktop Wallet 1. Sparrow Wallet
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mykopikid 2 years ago
It's a rite of passage to ride the wave of bitcoin winter all the way down to $16k and emerge from the tunnel of darkness to the brightness of a new cycle. Cherish every moment.
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mykopikid 2 years ago
Money is a representative/token to store & exchange value. There is no such thing as fake money. Anything can be money including cigarette, salt, seashell, rocks, copper, silver, gold and nicely decorated papers. But there are differences between hard money, weak money, easy money and useless money. Bitcoin is the hardest and strongest money, that is neutral, supply that is capped, very expensive to produce, unconfiscatable, unstoppable and transparent. Your fiat is an ant facing the bitcoin Anteater.