GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Life grants nothing to us mortals without hard work." Begin each day with the resolve to labor towards your goals, not expecting life's blessings to fall effortlessly into your hands. As you rise this morning, let determination and diligence be your guiding lights.
Welcome aboard, ladies and gentlemen. Please ensure your Bitcoin holdings are securely stored and easily accessible at all times.
In the unlikely event of a financial emergency, a well-prepared stash of bitcoin can serve as a vital exit strategy.
Consider your bitcoin wallet as a digital life jacket, providing a safe haven in turbulent markets.
If an economic downturn forces an emergency landing, trust your own judgment as a sovereign individual to navigate the situation, prioritizing your own risk assessment and financial well-being.
And, if a global economic evacuation becomes necessary, proceed to the decentralized bitcoin blockchain, where you can reassemble and regroup in the digital realm, free from centralized constraints.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Ancient wisdom resonates through time - 'Our actions may be impeded...but there can be no impediment to our intentions and dispositions.' Start each day with a clear mind and firm resolve, for it's not what happens to you that defines you, but how you react to it."
Everybody needs Bitcoin, they just don't know it yet.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Non scholae sed vitae discimus," my friend—a reminder that we learn not for school, but for life. Let this wisdom guide your actions today and beyond!
Owning a single complete bitcoin is rarer than being a millionaire in USD fiat currency.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
BEGINNINGS ARE EVERYWHERE
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Quid nunc?" - What now? This simple phrase reminds us to stay focused and adaptable, ready to tackle whatever comes next.
What truly constitutes capital?
How does Bitcoin challenge and redefine our conventional understanding of it?
I'm revisiting an insightful article, Capital in the 21st Century by Allen Farrington, which dives into the nuanced relationship between money and capital—two ideas frequently mistaken as identical but actually quite different.
Farrington argues persuasively that money is not wealth itself, but rather a claim on wealth, serving as a fluid means to assess the value of what we genuinely seek.
Through this lens, he explores how Bitcoin transforms our comprehension of capital, entrepreneurship, and economic potential, drawing on perspectives from Austrian economics and other schools of thought.
It's all too common to overlook the fundamental issues Bitcoin aims to address.
This article cuts straight to the heart of those questions, offering clarity and depth. I’m delighted to revisit and share this piece.
Capital in the 21st Century — Axiom
Axiom
Capital in the 21st Century — Axiom
Fixing the cost of capital is Bitcoin
“Not your keys, not your coins.”
This cardinal rule hinges on the security provided by complex mathematics involving massive random numbers. Your cryptocurrency holdings remain safe because these numbers are theoretically impossible for others to predict or uncover.
However, the advent of quantum computing poses a significant threat. Given enough computational power, a quantum-capable entity could potentially crack the cryptographic methods we rely on today. The concern here is whether we'll let early adopters of quantum technology — likely those who are already affluent and influential — exploit this advantage to compromise millions of BTC, thereby reshaping Bitcoin's economic landscape.
Should this quantum threat be viewed as a critical vulnerability, akin to a software bug?
Might there be a need to establish a timeline for phasing out older, vulnerable cryptographic signatures and invalidate compromised funds?
The solution may be more intricate than it appears initially. In his article, Jameson Lopp presents a compelling argument on this very issue.
Against Allowing Quantum Recovery of Bitcoin -- Jameson Lopp
Cypherpunk Cogitations
Against Allowing Quantum Recovery of Bitcoin
An argument in favor of burning bitcoin in vulnerable addresses to prevent funds from being taken by those who win the quantum computing race.
The power of Bitcoin stems from its essential characteristics: minimizing trust, decentralization, resistance to censorship, and beyond.
Yet, precisely what underpins these principles and their significance remains a topic of exploration. Consider this insightful article titled “What Are the Key Properties of Bitcoin?”, which meticulously examines the core features that define Bitcoin.
It also dives into current protocol discussions and looming challenges such as quantum computing.
Grasping Bitcoin's fundamentals is not merely theoretical; it's crucial for understanding our present position and future trajectory in this evolving landscape.
What are the Key Properties of Bitcoin? -- Jameson Lopp
https://nakamoto.com/what-are-the-key-properties-of-bitcoin/whatsapp
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"As a Stoic would say: ' Ησυχία και χάρη' - Silence and grace, let these guide your morning endeavors. Starting the day with tranquility prepares us for whatever challenges come our way." [Silence cultivates inner peace; grace ensures we meet those challenges with dignity].
After the upcoming recession, anticipate a 1950s-like decade of property growth.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Today, I will act with wisdom, respond with calm, and accept with grace."
AI will look like humans and not robots.
We're going to administer a test to determine whether you're human or a highly advanced artificial being, similar to the method used in the Blade Runner universe to identify replicants.
This test is designed to gauge your emotional reactions to a set of questions and provocative images, exploiting the idea that artificially created beings, like replicants, struggle to genuinely experience emotions, as they lack the inherent essence of humanity - a soul. Born from code and circuitry, AI entities often fail to convincingly replicate the intricate, soul-driven emotional responses that come naturally to humans.
That is why I welcome AI, AGI, and ASI. I have no fear of it.
