On Saturday, I taught a 4-year-old about the halving at our Halving Party. The kids in attendance had just watched this Bitcoin episode from the Tuttle Twins: Afterward, I switched my computer back to display the Timechain Calendar. The conversation that followed went something like this: Me: "Do you know what that is?" [gesturing to Timechain Calendar being projected on the wall] Him: "Yes. That's Bitcoin." Me: "Do you know what those numbers mean?" Him: "Um... No, not really..." Me: "Those are the number of blocks in Bitcoin so far. There's another block every 10 minutes, and the first one was when Satoshi first started Bitcoin. And now there are 840,093 of them!" (yes, that was the block height at the time) Him: "Wow! Really?!" Me: "Yeah. And did you know that something really special happened last night with Bitcoin?" Him: "What happened?" Me: "When that number said "840000, something called the 'halving' happened, because the amount of new bitcoin was cut in half. Have you heard about that?" Him: "Not really. Is it like cutting a sandwich in half?" Me: "Yes! It's exactly like that. Imagine I keep making sandwiches and give you a new one every 10 minutes. But then, after doing that for 4 years, I cut each sandwich in half, and just give you that. And then, after 4 more years, I cut it in half again. And then again and again and again. [showing the diminishing size if the sandwich slices like 🤏] "Last night, that happened with bitcoin, too. The amount of new bitcoin that was being discovered every 10 minutes was cut in half. So now it's a lot harder to find more bitcoin!" Him: "Oh, wow. So... If someone wants some, it's gonna be a lot harder to get it, right? Unless they pay with more dollars, right?" Me: "Exactly." His parents, who are new friends of mine, sure are raising him right! 🧡

"... ₿e ready always to give an answer to every man that asketh you a reason of the 𝘩𝘰𝘱𝘦 that is in you ..." - 1 Peter 3:15

Behold! The final palindrome black of this epoch!

Tomorrow evening, from 7-10PM, my 3 teenaged sons will be at a dance that's being hosted by our church, and I'm helping out by chaperoning. The #Bitcoin #halving is currently set to happen around 9PM our time. I'm bringing my laptop and projector, and plan to display Timechain Calendar on a wall there, as we count down (or up) to the halving. My sons plan to request this song👇, and hopefully we can time it 𝘫𝘶𝘴𝘵 𝘳𝘪𝘨𝘩𝘵 so that it'll be playing just as the halving occurs.

It's cool this is in the New York Times and all, but we're not "hoping" for anything. What's next? "Math aficionados are hoping that 2+2 will equal 4." It's simply supply and demand. As long as #Bitcoin keeps doing what it does (which it will, since I'm not changing the code, and neither are you), demand will at least remain the same, but it could increase. And new supply is getting cut in half. It's just math. 📈

The exact time of the halving is gradually getting later, as miners turn off their machines and aim for a 4/20 halving. Personally, I wouldn't mind this time of the day in my time zone, either.

100 million sats make a bitcoin. 100 million dans make a sat.

Anyone know what happened to @Secretary Janet Yellen? I loved seeing their memes in my feed, but then they just...stopped. I messaged them a few days ago, but they still haven't replied. Anyone know anything about this?

My children (the older 5, not my 3 month old) were recently debating about whether to watch October Sky, Arrival, or Apollo 13 together, as a way to wrap up our family eclipse party. They're all a bunch of nerds, and I love them for it! They're watching Arrival right now.

Going live in about 1.5 hours: https://www.youtube.com/live/li2fkeIHNyc