"The result is that the number of bitcoin in circulation closely follows an easily predictable curve that approaches 21 million by the year 2140. Due to bitcoin's diminishing rate of issuance, over the long term, the bitcoin currency is deflationary. Furthermore, bitcoin cannot be inflated by "printing" new money above and beyond the expected issuance rate."

Saylor Academy

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

#bitcoin #studybitcoin #nostr #plebchain

Part 1.1 of video series I'm making on Bitcoin vs Real Estate Investment. This one is example of Food Inflation vs Income inflation over time. Note the large increase (almost doubling) since 2020? #plebchain #meme #macro #inflation #bitcoin #coffeechain #nostr

this is the way. the system provides us with clowns so vote to change the system by buying Bitcoin.

#studybitcoin #bitcoin #signal #foundingfathers

X finally started to show my posts more after 3-4 weeks of being shadow banned. Growth on Nostr is about twice as fast judging by followership over here and much more engagement. This is why we #nostr #grownostr #plebchain #coffeechain

Learned an interesting metric today which many of you will probs already know, The Schiller PE Ratio which among other things measure if the stock market is over priced or not. "...is similar to the price-to-earnings ratio and is used to determine whether a stock is over-or under-valued."

Investopedia

CAPE Ratio Explained: Definition, Formula, and Market Insights

Discover how the CAPE ratio evaluates market value with historical earnings data. Learn its definition, formula, uses, and limitations in predictin...

Was reading @Tuur Demeestr posts on X as he was mentioning it. This ratio is 35 today when much lower in the past meaning the price of stocks is very high compared to the profits they actually produce. Guess this is why they say Stocks are a Ponzi Scheme? #plebchain #studybitcoin #bitcoin #coffeechain #always learning #nostr #grownostr

Enjoyed this quote from @Tuur Demeestr "...we’re witness to a speculative attack on a massively overinflated stock market. Valuations are only this high because the market assumed stonks were the only possible safe haven from fiat. *Enter bitcoin*. History in the making."

GM🫡

Do people realise that Coinbase holds all the ETFs BTC and can get "hacked" and FedNow which already is in operation basically constitutes a CBDC in many ways? Trump and Bitcoin. #plebchain #coffeechain #trump

Soon... #bitcoin #plebchain #coffeechain

Orange man like orange coin buuuut orange coin no pumpy pumpy? #asknostr #bitcoin #plebchain #coffeechain

'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