I am happy that BitcoinCore has part ways with Bitcoin110. We just need special difficulty adjustment which only tiggers if block is delayed by certain time period (minimum 24 hours). This is important for this part of #Bitcoin.

What Samson Mow said makes sense! When fiat collapse it is gradually then suddenly. Because when people loose the trust and they find alternative, the cascade effect makes the money collapse. Why #bitcoin recovers because it is just discovering how much conviction users have.

Do you know why current system is suitable for rich and disastrous for poor? Because for buying assets rich has things to take leverage from banks (which creates new money) which makes things more expensive for poor. #Bitcoin is more suitable for poor and middle class but it requires patience (hold bitcoin for sometime).

I am hopeful that #bitcoin is the solution as money. Nothing fits that position, including gold which needs trust on third party. Don’t measure value of bitcoin in dollars. Price and Value are two different concepts.

I like the statement, “Natural state of free market in deflation.” Bitcoin growth is deflationary. That’s why #Bitcoin is best way to measure productivity.

There are two things, Bitcoin as network, #bitcoin as money. 1. For network support, we should run node (which doesn’t allow garbage). 2. For money, we should treat bitcoin as collectible and buying every (day, week, month). Don’t measure its value in broken money. Take into self custody. 3. We should inform people why bitcoin is important.

Benefits of #bitcoin 1. If you converted your wealth in bitcoin, you mind is thinking for long term and it feels relax about wealth aspect. 2. You eat good, sleep well and have energy to enjoy life. You marry and have some quality time with your spouse. 3. You will like to live more happily as you have some hope of future.

I think most people have basic education about self custody of #bitcoin. Exchanges are risky. Also lightning network is good. I used phoenix self custody wallet. Not your keys, not your coins.

Issue is that common people are not interested in bitcoin (except for trading). They don’t understand that fiat money is actually fake money. Masters don’t print too much so that slaves don’t wake up.

Most fascinating thing about bitcoin for me: Imagine you are infront of 2048 doors. You select random door and pass through it. Now you do it 11 more times and you will see that you are alone. That is your private key which is with you only.

Bitcoin is sum of many techniques working together along with human psychology of money which gives reasons to play fair in the system. If we are intelligent, bitcoin is for us. Stay safe, stack sats.

Exit the usury system (Fiat) Enter the fairer system (Bitcoin)

Most people think bitcoin is not tangible but if you write 12/24 words on piece of paper, it is physical representation of your bitcoin. Self custody is most important after scarcity.

Human have difficulty understanding the exponentials. For example, we have a football stadium, starting from 1 drop every second drops gets doubled. 1st second =1 drop 2nd second =2 drops 3rd second =4 drops … The water will fill the stadium in 45 minutes but until 40 minutes every will seems normal. Growth of bitcoin will also be exponential. Most of us will be shocked how much world is adopting to it.

The way fish like to live in water, My wealth like to live in bitcoin.

Price of bitcoin is pretty much stable (with respect to early years) in past couple of months. I think suddenly a supply shock will come and it will go to new all time high. It is doing this since Jan 2024.

Why bitcoin price is going up over long term? It is because more and more people are using it as store of value but supply isn’t reacting to it. Cryptography, Mathematics and Computer Networks are working together in Bitcoin.

Sideways price of bitcoin tells us that it give opportunity and time to those who want to jump on this train. Nothing stops this train. It move slowly until leave the platform.

What fiat did to our mentality: As a seller, my thing is appreciating more than the fiat, i wouldn’t decrease the price, infact I will increase it because someone can take loan out of thin if he really needs it, and fiat is depreciating. ——————————————— What bitcoin did to our mentality: As a seller, my thing is losing value against bitcoin, I have to sell it as soon as possible for which I can give whatever discount I could do. Give item to marginal cost of production because over the time it will be cheaper in terms of bitcoin.

When we wake up from sleep, we should put water in each nostril up to top and flush. Three times on each nostril. This will help your brain healthy.