'Bitcoin was invented in 2008 with the publication of a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," written under the alias of Satoshi Nakamoto. Nakamoto combined several prior inventions such as b-money and HashCash to create a completely decentralized electronic cash system that does not rely on a central authority for currency issuance or settlement and validation of transactions. The key innovation was to use a distributed computation system (called a "Proof-of-Work" algorithm) to conduct a global "election" every 10 minutes, allowing the decentralized network to arrive at consensus about the state of transactions. This elegantly solves the issue of double-spend where a single currency unit can be spent twice. Previously, the double-spend problem was a weakness of digital currency and was addressed by clearing all transactions through a central clearinghouse.'

Saylor Academy

CS120: Bitcoin for Developers I | Saylor Academy | Saylor Academy

#studybitcoin #bitcoin #introductions #pPreaching tothechoir

It doesn't matter what politician is sucking up to Bitcoin voters. My Bitcoin works the same as it did before. Tick Tick next block. And that's the point. #bitcoin #nostr

Why didn't Eth pump on ETF approval news? Seems odd. Do institutions already known its a shitcoin? #asknostr #plebchain #coffeechain

Here is a presentation I'm putting together on "Why Bitcoin?" for Non-Bitcoiners to understand some of the problems of traditional investment (in this case property). Free for use if you also want. Eventually I will try to make these into videos to share around also but wanted to write it out first almost like a script.

Google Docs

Why Bitcoin?

WHy Bitcoin? You’re in a race against Inflation and property returns don’t cut it anymore.

#asknostr #plebchain #coffeechain #nostr #bitcoin #Bitcoin #orangepill

Is there a better way to say the below? Working on a presentation and would be good to get some peoples views on this. Not sure I've worded it well. Specifically the part about rates of halving being a consensus rule. "Nodes enforce the consensus rules with which transactions are prepared (by Miners) for addition to the ledger. For example if Miners create a block without the correct “rate of halving” (which is one of the consensus rules) then this block of transactions will not be let on to the ledger and the Miner would have expended the cost to mine that block without reimbursement." #plebchain #coffeechain #asknostr

What do you think your real rate of inflation is for you in your life and goods/services you purchase over the last year or several years? Governments report obviously doctored rates of 3%-15% depending on where you re in the world. #inflation #asknostr #plebchain #coffeechain

You don’t want money, you want the goods and services with which money can buy you. #bitcoin #gold #inflation

"Yell'n at Yellen" could be a good name for a Bitcoin Podcast. Views? #asknostr #plebchain #coffeechain

Early cryptocurrencies ie 1980s were backed by national currencies or Gold but these failed because they were centralized and were easily attacked by hackers and central govts. Not til 2008 did a crypto arrive which was very very robust. #bitcoin #studybitoin

mmm need to learn more about Cashu... I saw below on #shopstr when setting up a new product @calvadev⚡️ and had to pause. When I see "Token to redeem" Bitcoin I am suspect and realize I don't really know what I'm receiving in when I sell on Shopstr. What are the advantages of Cashu over LN for eg? "Once sold, you will receive a message containing a Cashu token that you can redeem for Bitcoin." #plebchain #coffeechain #cashu #zaps #lightning network