Joe Welbourn, Ph.D in HODL's avatar
Joe Welbourn, Ph.D in HODL
joseph_welbourn@bitcoinnostr.com
npub1v0kt...09h9
Bitcoin HODL, PhD., University of AirMatress Above My Office. Entrepreneur, Freedom Bitcoin Optimist. Founder of Carbon Marine.
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joewelbourn 2 years ago
Agonizing Sunday morning: misplacing a cold wallet. Take time to check your -#Bitcoin operational security. I thought it was in a safe. It was in my truck. For the record, it is a low-value, multi-sig, test-wallet I use to demonstrate/educate folks. The memory lapse rattled me.
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joewelbourn 2 years ago
I find US politicians lecturing #ElSalvador president @nayibbukele on incarceration rates insanely irony considering the USA has the highest rate of incarceration in the World. Classic hypocrisy, just like the USD verses #Bitcoin.
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joewelbourn 2 years ago
The best time to buy bitcoin is when there is blood in the street and the buildings are on fire. My front door is burning and some of the blood is mine. Still buying more #Bitcoin .
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joewelbourn 2 years ago
Bitcoin is TCP/IP from money: Absolutely the base-level protocol that drives it all. We are witnessing a historical transformation of human civilization. I am so grateful to be here now.
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joewelbourn 2 years ago
#Fiat, #Banks, and #westernunion are so screwed. #Zap sats are instant payments with minimal friction. #Bitocoin. Thank you all whom zapped me sats. image
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joewelbourn 2 years ago
Which is more valuable: trust or #Bitcoin? Ask @Ledger right now.
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joewelbourn 2 years ago
@Ledger, I own several Ledger devices. Love’em. I recommended family members buy Ledgers. Now moving all off of Ledger devices. What were you thinking? You just destroyed your company just like that. You violated our trust in you. Cardinal sin: seed phrase privacy is holy. Wow!
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joewelbourn 2 years ago
#Bitcoin  is go good and we are so early, I almost feel guilty…almost. Stacking sats weekly.
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joewelbourn 2 years ago
If your employer cheated your paycheck by 15% you would confront. Yet, the USD weakens by 15-20% per year and you do not say a word of protest. #Bitcoin separates government from money giving you all the money you worked for.
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joewelbourn 2 years ago
If you are a rent-seeking, intermediary company in the #fiat system. You will go the way of block-ice delivery services. #Bitcoin and #Lightning network separates money from states and intermediaries.
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joewelbourn 2 years ago
The year was 2023. The money was dying. The great experiment of #fiatcurrency empowered by the failed theory of #Keynesian economics has failed. The trust of currency and bank collapsed. #Bitcoin arose as the next chapter in history.
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joewelbourn 2 years ago
I just received 10 sats. It is not the amount that matters. It is the fact no bank facilitated the transfer. That is huge. Thank you.
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joewelbourn 2 years ago
How convenient in timing: 1. US banking system is in dire straits, regional failures; 2. The Fed is trapped; 3. Inflation is raging. 4. An “unknown” organization attacks the Kremlin with drones. Never miss an opportunity to engage war to “save” the economy.
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joewelbourn 2 years ago
I experienced “The Internet” when it was dial-up & bulletin boards. Folks said, “…the government will ban the Internet because only hackers/criminals use it.” Fast-forward 20+ years, currently 5.13B (64.4%) people of the World are criminals using the Internet. Deja vu #Bitcoin.
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joewelbourn 2 years ago
As it pertains to “tip inflation”: Increasing the number means nothing when we all increase prices in an economy driven by #fiatcurrency debasement. Forget the number; focus on purchasing power of those numbers. Unless you hold your work-effort in a scarce, hard, portable asset, you are losing. See #WeimarRepublic.
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joewelbourn 2 years ago
The three most influential people impacting my life in this order: 1. #AynRand (via #AtlasShrugged); 2. #LudwigVonMises (via #AustianEconomics); 3. #SatoshiNakamoto (via #Bitcoin).
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joewelbourn 2 years ago
Nicolaus Copernicus (1473–1543) almost died at the hands of the “church” trying to educate folks the Earth was heliocentric. Seems ridiculous now. Hence further so will the truth of #Bitcoin.
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joewelbourn 2 years ago
When you sleep tonight let this thought sink in: billions of people in the World are “unbank” and significantly abused by fiat currencies. #Bitcoin can fix this. But the deeper thought: the World banking cartels & politicians loss power when this happens. Enraging at the least.
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joewelbourn 2 years ago
#BitcoinBayTampa, thank you for the workshop today. I truly enjoyed it. Great job. I look forward to the next event. It is not easy separating “The State” from money; but it is worth the effort. #Bitcoin
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joewelbourn 2 years ago
I figured it out. #Fiat is a four letter word. We all know what that means.