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
Mags
mags@nostrverified.com
npub1tjyl...0e9k
Bitcoin mining, custody, & memes π«‘. Advisor PRTI βοΈ. Energy, carbon & economic dev policy. Volunteer firefighter π
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
Every time Saylor buys a FT reporter cries into their soy latte


If people could sort out old English money, they can sort out Bitcoin vs sats


If Steak n Shake understands sats, so will nocoiners 

Stop calling them sats?


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?
βπππππ‘ππππ ππ‘βπ πππ‘π‘ππ π‘π πππβπ‘ π ππππππ‘βπππ€ππ π‘βππ ππ’ππ π π‘βπ πππππππ π .β
-Terry Pratchett on Bitcoin (probably)
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)
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: π¦· are a better investment than gold, but Bitcoin reigns king
PS And the most expensive tooth ever sold is Sir Isaac Newtonβs 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

Dear scammer, I think I'm winning, ergo I will not report or undo this tx π«‘


It started with cypherpunks. Now the state wants in
Here's how adoption will unfold:
1. Nation-states mining Bitcoin β
οΈ
2. Nation-state reserves β
οΈ
3. Nation-states funding core devs β³οΈ
If there is controversy in the Bitcoin community for corporations funding bitcoin developers, wait until core devs are on various government's payrolls
Coinbase custodies 2.7 million Bitcoin... the ultimate heist


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
Bitcoin podcasters on each other's show



Black Mirror called, they want their plotline back...
New rules in Spain: cash withdrawals over β¬3,000 require strict reporting rules to tax agency to avoid heavy fines



Euro Weekly News
Spain: β¬150k fines for cash withdrawals
Spain enforces strict rules on large cash withdrawals, with fines reaching up to β¬150,000 for failure to notify tax authorities
Alliances between sovereign Bitcoin mining pools will be as strategically vital as NATO, SWIFT & WTO participation is now
7.5km
18.7k steps
One incredible view
Bonus pic :)

Bonus pic :)
