Awesome meetup @PUBKEY with the @Breez and @1A1z team. Topic of the evening: Bitcoin as a Medium of Exchange. One of the general consensus seems to be that bitcoin is too volatile to be a MOE as of now. This brings me back to the root of Bitcoin. The primary incentive for Satoshi’s time spent creating the Bitcoin technology. When we think about the purpose of Bitcoin- To transact in a peer to peer open verifiable decentralize network When we think about the value you of bitcoin- the would be value of the fiat currency you hold IF it was real money. Which brings us to bitcoins volatility. Imagine trying the calculate real world value via money substitutes issued and control by governments, who inflate and manipulate the supply at will. If we factors in all these obstacles, along with human economical interactions, Bitcoin is hashing overtime trying to keep up with human action. Unlike bitcoin, the reason the dollar doesn’t seem volatile is because there’s no real time dollar depreciation tracker showing the current value of the dollar. Now imagine if there was a real time dollar depreciation tracker. You wouldn’t think twice about stacking and spending sats. When we think about what is Bitcoin- Unless you happened to be alive under the gold standard, bitcoin is the only real money you’ve ever known. Secure the network. Use bitcoin and never buy fiat.

Gm, Equal Opportunity doesn’t mean Equal Outcome.

Fiduciary Media.

GM, the free market is deflationary.

Bitcoin nodes on the rise. Very nice to see.

Yup

What happens when bitcoin adoption outpaces bitcoin education? I'm starting to be convinced that 50% of bitcoin holders aren't taking the time understand bitcoin(Saylor was right,100 hour min). This could be a problem when creating and advocating for bitcoin regulations. We don't want regulations that would hinder bitcoin's use cases simply because people don't understand bitcoin. Bitcoin with central banking is sending the message. Those who understand that bitcoin is repricing the world, understand that TradFi instruments will be obsolete with bitcoin. Bitcoin technology has never been seen before and humans can't comprehend without using historical reference data but unfortunately bitcoin doesn't allow that process. So we must allow bitcoin to guide human action and verify along the way but the path is not one including the pass.

Holy Shit!!! After epic failures all last year, did I just orange pilled 2 people in the same day 🤯

Block 880085 @PUBKEY Happy MLK Day!

GM, How high do we go today?

Snoop and Rick Ross at the crypto ball!

There’s absolutely no way I could ever go back. Thank you #bitcoin for showing me the truth. Undoing the last 40 years, for the next 40 years.

Something is going on with my #nostr #npub. All those who I follow were deleted from my account on primal. I checked using other relays and the same. Accounts not synced. Anybody else have this problem?

Happening Now! #bitcoiners and #nostriches @PUBKEY

easy good read. Thanks M0rph3us for the quick hook up. View quoted note →

As a non-Bitcoin developer who fully appreciates everything #bitcoin has to offer. I must say after spending the last month on #nostr, I have to say the lingo is not very user friendly. For me personally, I have been spending quite a bit of time trying to understand and figure out how to use the lightning network. I can see the development process happening with some of the apps, but I have to say if we want Bitcoin to reach mass adoption we have got to spend more time making these apps, user-friendly. I think one issue with Bitcoin adoption is not just understanding the technology but being intimidated by the interfaces of a lot of these programs and apps. If you’re not a developer or a highly motivated individual it’s very easy to become discouraged in the Bitcoin space, simple because it’s not easy to navigate. Thankfully, they are so many awesome helpful people in the Bitcoin community that I have been able to stay afloat, but for many people who are just simply afraid to ask questions this is going to be a challenge. So thank you for all of your contributions and your continued contributions, but please please keep in mind easy user friendly is the way to mass adoption.

#bitcoin attributes