BitcoinMendocino's avatar
BitcoinMendocino
bitcoinmendocino@nostrplebs.com
npub1d35f...k508
#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt. #Mendocino California.
Dear Governor Newsom Please can we have a suspension of the overly zealous California gas tax until this whole Hormuz/Iran war that’s not a war thing is sorted out? Thank you, (A downtrodden pleb.) image
I’m not a Luddite. I don’t believe in breaking things. But I do believe that certain things - like nukes and total information awareness - just shouldn’t be used. image
“If every millionaire in the U.S. asked their financial advisor to get them one Bitcoin, there wouldn’t be enough." - Larry Fink | Chairman and CEO of BlackRock. image
There’s nothing like a warm spring evening sitting out on the front porch with a cold beer, listening to the birds sing and scrolling endlessly on Instagram searching for people to be jealous of. image
In 2014 a 19-year-old MIT student raised $500,000 and gave every undergraduate on campus $100 in Bitcoin. Most of them spent it on sushi. That sushi cost them $44 million. — Jeremy Rubin was a sophomore studying computer science. He raised $500,000 from alumni and Bitcoin enthusiasts and in October 2014 gave every undergraduate student at MIT $100 worth of Bitcoin about a third of a coin at $336 per $BTC. — 3,108 students signed up — The experiment became the first academic study on Bitcoin adoption ever conducted. — One in ten students cashed out within two weeks. — One in four had sold by 2017 — The ones who forgot about it entirely did the best. — The most common way students spent their Bitcoin was at a single sushi restaurant called Thelonious Monkfish. — The only place on campus accepting Bitcoin at the time. — One student estimated that half the people he knew spent their entire $100 on fish. — One student spent hers on two sushi dinners and forgot the rest existed. — In 2021 she found her wallet still sitting untouched. — Her $100 of Bitcoin was worth $13,000. — If every single student had done nothing the entire $500,000 experiment would be worth ove $110 million today — One student told reporters "Most of us thought it was a bit of a joke" The smartest students at the most prestigious engineering university on earth were given free Bitcoin in 2014 and spent it on sushi. The ones who forgot they had it became the winners. People often think bitcoin is an investment. In reality it is hard money with an absolute fixed supply of 21 million. That’s why its purchasing power increases over time. image
An automobile has one purpose: to carry a person of discernment from where they are to where they wish to be. Nothing more is asked. Nothing more is offered. Discretion is about not tracking where you go. Privacy is about not recording what you say. Respect is about not studying your face to determine whether you are fit to hold the wheel. This automobile does none of these things. Nor will it presume to drive you autonomously. The road ahead belongs to you. As it always has. Some things need not be invented. They need only be preserved. image
America is best when it’s not being divisive, starting wars, and financially unequal. It’s at its best when it’s innovating, creating, exploring, and pursuing happiness. image
Everyone in Bitcoin is telling you to hodl. Nobody is telling you to spend... 😬 Here's the problem with that: A currency nobody spends is not a currency, it's a museum exhibit. Gold became irrelevant the moment governments convinced people to store it in vaults and accept paper instead. That's exactly what happens when an entire community builds an identity around never spending their money. Satoshi didn't write a whitepaper about a store of value. He wrote about a peer-to-peer electronic cash system... Cash as in, you use it. The path to mass adoption isn't a million people locking Bitcoin in cold storage and waiting to become billionaires. It's a million people buying coffee, paying rent, sending money home to their families, and replacing what they spent. Spend and replace, that's how a currency wins. Hodl to death is how it becomes a relic. image
H.R. 8470, the Surveillance Accountability Act, is a hard reset on the surveillance state and a clear reminder that the government does not get a free pass to snoop through our digital lives. Constitution first, Warrant next. Fourth Amendment restored. @Naomi Brockwell image
Big Brother just got put on notice. Reps. Massie and Boebert just introduced H.R. 8470 — the Surveillance Accountability Act. No more warrantless searches of your phone, location data, or cloud storage. The Fourth Amendment finally applies to the digital age. Support this bill! image
America is not a cohesive whole. It’s a patchwork of competing ideas — each one a different answer to the same question: how do we pursue happiness while preserving freedom? That tension isn’t a flaw. It’s the source of our resilience. image
The dollar that we use every day loses value because the government keeps printing it to fund deficits (and war.) Bitcoin’s fixed at 21 million — no inflation. Hold and spend BTC locally, and the value stays here on the coast. Sound money that protects wealth over time. image
15 YEARS AGO, bitcoin CREATOR SATOSHI NAKAMOTO DISAPPEARED FOREVER "I've moved on to other things, [Bitcoin] is in good hands" 👏 That was April 23rd, 2011. He sent it to Bitcoin developer Mike Hearn, saying he’d moved on to other things and that Bitcoin was in good hands with Gavin and the community.​​​​​​​​​​​​​​​​ Thank you for Bitcoin, Satoshi!