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Mags
mags@nostrverified.com
npub1tjyl...0e9k
Bitcoin mining, custody, & memes 🫑. Advisor PRTI ⛏️. Energy, carbon & economic dev policy. Volunteer firefighter πŸš’
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Mags 7 months ago
It took 16 years for people to understand the beautiful scarcity that is 21 Million Bitcoin 2.1 Quadrillion Bitcoin fails to deliver the scarcity message and would create mass confusion The time to convert sats to bitcoin was over a decade ago; the ship has sailed
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Mags 7 months ago
Imagine renaming the base unit from sats to Bitcoin: - normies will think the price of Bitcoin has crashed from 100k - FT will report Bitcoin supply has massively inflated
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Mags 7 months ago
Every time Saylor buys a FT reporter cries into their soy latte image
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Mags 7 months ago
If people could sort out old English money, they can sort out Bitcoin vs sats image
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Mags 7 months ago
If Steak n Shake understands sats, so will nocoiners image
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Mags 7 months ago
Stop calling them sats? image
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Mags 7 months ago
If Coinbase, considered the gold standard custodian of Bitcoin ETFs & which just joined the S&P 500, has employees that can be bought, how safe are you with other third parties?
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Mags 7 months ago
β€œπ‘†π‘œπ‘šπ‘’π‘‘π‘–π‘šπ‘’π‘  𝑖𝑑’𝑠 π‘π‘’π‘‘π‘‘π‘’π‘Ÿ π‘‘π‘œ π‘™π‘–π‘”β„Žπ‘‘ π‘Ž π‘“π‘™π‘Žπ‘šπ‘’π‘‘β„Žπ‘Ÿπ‘œπ‘€π‘’π‘Ÿ π‘‘β„Žπ‘Žπ‘› π‘π‘’π‘Ÿπ‘ π‘’ π‘‘β„Žπ‘’ π‘‘π‘Žπ‘Ÿπ‘˜π‘›π‘’π‘ π‘ .” -Terry Pratchett on Bitcoin (probably)
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Mags 7 months ago
Just as El Salvador took a leap of faith to become Bitcoin country, there's a limited time for trad companies to gain customers, publicity, & a treasury by embracing Bitcoin! If it's rolled out right, we'll come & spend sats (eg SteaknShake). But they need to be one of the 1st to gain our attention & favour & they need to be on the same wavelength (eg tallow fries)
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Mags 7 months ago
I've run the #'s for the most controversial new investment: -Teeth are are not as scarce as Bitcoin: 21M vs 210B (poetic #s actually) -S2F model favors bitcoin > teeth > gold -Fair/decentralized distribution of teeth > gold Conclusion: 🦷 are a better investment than gold, but Bitcoin reigns king PS And the most expensive tooth ever sold is Sir Isaac Newton’s tooth, auctioned in London in 1816 for Β£730. Adjusted for inflation, this is ~$35,700 today, with its historical value estimated ~$62,000. Not a bad store of value! The sauce for the DD: https://x.com/i/grok/share/BA9PWXUvSLAROGmmoF1qVgigU
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Mags 7 months ago
Dear scammer, I think I'm winning, ergo I will not report or undo this tx 🫑
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Mags 7 months ago
It started with cypherpunks. Now the state wants in Here's how adoption will unfold: 1. Nation-states mining Bitcoin βœ…οΈ 2. Nation-state reserves βœ…οΈ 3. Nation-states funding core devs ⏳️
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Mags 7 months ago
If there is controversy in the Bitcoin community for corporations funding bitcoin developers, wait until core devs are on various government's payrolls
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Mags 7 months ago
Coinbase custodies 2.7 million Bitcoin... the ultimate heist image
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Mags 7 months ago
Unpopular opinion: Quantum is a bigger threat to Bitcoin than spam, and the community should be putting in more energy and time into quantum resistance than the knots/core drama
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Mags 7 months ago
Bitcoin podcasters on each other's show image
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Mags 7 months ago
Alliances between sovereign Bitcoin mining pools will be as strategically vital as NATO, SWIFT & WTO participation is now
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Mags 7 months ago
7.5km 18.7k steps One incredible view image Bonus pic :) image
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