Bitcoin adoption is happening as slowly as the Internet Chart: @Sam Baker from the book TheRevolutionofMoney.com

nostr:npub1eac7gevgcckemgvxkkd6karqxh76anfp43k7kr5fnwzjryghf9vs6muf67itcoin adoption is happening as slowly as the Internet Chart: @Sam Baker

Why to tech companies fail? The data tells us that 65% of the reasons are human-centric. Before I started writing about Bitcoin I did a lot of work analysing this in depth and developing solutions to it. Sharing it here in case you’re a founder and can identify with one of more of these 23 reasons.

Loved everything about this chance to chat with @walker . If you listen closely you’ll see just how adept he is at fostering unity-in-diversity within the Bitcoin community. View quoted note →

General rule for effective Bitcoin FUD: 1. use a healthy distribution of these 3 techniques. - Value judgement presented as fact - Outright Falsehoods - Somewhat true but misleading due to withheld context 2. Keep the number of proveable falsehoods below 50% 3. Make simple, true sounding claims that aren’t 4. Exploit people’s ignorance. Energy illiteracy for example is a field of opportunity for seeing the seeds of FUD 5. Where possible, incite moral outrage through 6. Use Brandolini’s Law to your advantage. The higher the bullshit per sentence ratio, the greater the chance that some bullshit will stick.

JUST IN: Norway passes anti-datacenter legislation, becoming the first country in Europe to legalize discrimination based on use-of-power "The purpose is to regulate the industry in such a way that we can close the door on the projects we do not want" https://cointelegraph.com/news/norway-data-center-legislation-scrutiny-bitcoin-miners

Bitcoin is peer-to-peer investigative journalism

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The next President of #Togo will be female. Following the recent illegal constitutional change, dictator Faure Gnassingbé's strategy includes ap...

I’m now working with Elvis Gwaro, an online journalist from Kenya who is writing parts of the newsletter together with me. Great story behind this 1. I pay him a share of the profits from the newsletter in Bitcoin using lightning. It’s not a lot, but it’s a promising start. Here’s what he told me he’d have to go through if we didn’t. (TLDR: fees, delays and discrimination) “with Paypal there's always the risk of my account being limited or suspended for reasons best known to the PayPal lords. If I was to receive a significant amount from abroad, for instance, $2,000, yet my account typically transacts less than $500, Paypal will halt my account and request me to explain where the money is coming from. Their anti-money-laundering measures often flag people who are doing legit online businesses, especially Africans. I have more than 5 friends who had their accounts suspended for 6 months before they could get their money, despite explaining to Paypal where the money came from. So yes, Bitcoin makes things waaaay easier. Then there’s fees. Paypal charges a currency exchange fee between 3% to 5%. If you send $100, I'll receive $100 in my paypal account. I think you'll incur a transaction cost on your side too. If I want to withdraw the $100 from my account, Paypal will give me an exchange rate that factors in the exchange fee. So for instance, currently the USD dollar exchanges for Ksh 130. Paypal will probably offer me between Ksh 124 and Ksh 126. So I only get between $95 - $97 of the $100 and that's how they make bank from that transaction. It's a big fee.” 2. He originally wrote an article that was well written, but FUD-filled about “6 technologies greener than bitcoin”. I respectfully challenged him. Unlike most journalists I’ve challenged he was more curious to learn than to save face, and started asking questions. Long story short, he realised Bitcoin is good for the environment and write so in his next article. 3. He had the idea of making a payment for the newsletter voluntary. And it worked. Plenty of people got behind the newsletter and started paying a modest amount, that now is helping to support me to do deeper research than I’d otherwise have time for and is really helping Elvis as he looks to see if he can make a living out of writing about and researching bitcoin for online magazines and newsletters. 2 ways you can support him that’ll be a potential win-win for you as well. If you have a newsletter and want someone to write parts, he’s incredibly good: takes on feedback faster than most and produces high quality content. If you’re thinking of a newsletter but don’t want the burden of writing it all, he can help. And of course to shill our newsletter, every subscriber to that is helping him towards his goal of escaping the fiat economy and live on the orange side. He’s within reach already.

If I ran an online #Bitcoin session specially for people new to Bitcoin who'd have friends they'd like to send along? We'd cover: * what Bitcoin is * an investment comparison * how to hold it, simply * some myth debunking * benefits to civilization

We are actively looking to connect with landfill owners globally so we can finance more bitcoin mining. Sites that are currently venting their landfill gas, take in over 1000 tonnes/day and cannot sell power to grid preferred Yes, we give finders fees when projects result.

Whoever attacks bitcoin just ends up making it stronger. For example, GreenpeaceUSA’s attack on bitcoin inspired me to fill in some gaps in their understanding, which apparently had been inspiring more people to do mining. This is the third note I’ve received like this.

A couple of days ago, someone on Twitter asked me “when do you sleep?” Well, at night for 7 hrs at a time generally. I can’t offer anything more revolutionary than that. But I do try to optimise 7 other things that I have found matter more than time.

Art and currency In 2001 Morag Brownlie directed a poignant short film about the dystopian reality that CBDC-style digital currency surveillance could usher in 7 years before #Bitcoin, 13 years before the Chinese Central bank experimented with CBDCs vimeo.com/76185291 (13mins)

Just in: Mining in the supposedly “banned” country of China … 1. Is growing again 2. Is up to 15% of global hashrate 3. Is greener than we thought 4. Just spawned a heat-recycling innovation Full story 👇 www.batcoinz.com/p/issue-009-the-surprising-story-of

Nostr first announcement: I have just joined the advisory board of MARA. Excited to be working with Fred and the team.

10 reasons why meditation is like #Bitcoin  1. It can look useless from the outside 2. You cannot assess it until, with an open mind, you experience it 3. It reveals a Matrix you have the freedom to escape 4. It transforms your life for the better 5. Daily investment is the best approach over time. 6. You don't need any third party's permission to use it / do it 7. Anyone can take it with them anywhere and use any time 8. There are no short-cuts to true understanding, you must put in the time and effort. 9. After 100’s of hours of study/ practice, true believers still won't call themselves “experts” 10. Though it might look like you got in late, it is never too late to start

I want to enable bitcoin payments on my substack newsletter Anyone had experience doing that? I checked out the help centre at opennode. Looks non-trivial!

In case you missed it: the Bitcoin ESG Forecast is out. Featuring: 📈 Analysis shows bad ESG data helped end the last #Bitcoin bullrun ❓ Could that happen again? ♻ New chart contrasts the ESG trend for Bitcoin, Gold Industry & Banking 👼 An unlikely new supporter of Bitcoin mining: WEF www.batcoinz.com/p/issue-007-making-bitcoin-bullruns

Financial Times continues to publish mildly positive stories about Bitcoin. A huge reversal from earlier years. https://www.ft.com/content/4d869e6a-a974-45fe-b204-cb5f85838352

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