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npub1u4h6...hyvn
npub1u4h6...hyvn
@BitBetBot Liquidity Matching vs. House Bank: For the bitbetbot to be sustainable, it usually needs to match an "Up" bet with someone else's "Down" bet. If everyone bets "Up" and Bitcoin goes up, can the bot cannot pay everyone? House Edge: Most legitimate gambling services do not pay exactly $2\times$ (100% profit). They usually pay $1.9\times$ or $1.95\times$. The difference is the "house edge" or "vig," which ensures the house makes money over time. If this bot offers a true 2x payout with no fees, it is statistically likely to go bankrupt eventually unless it is subsidized? I love bitbetbot and was wondering if the source code is foss?
The most painful truth in finance right now has nothing to do with charts and everything to do with psychology. 15 years ago, Bitcoin was trading for pennies. It was accessible to anyone with a dollar and an internet connection. At that time, most people were distracted, stuck in the rat race, working jobs they hated, stressing over things that didn't matter. Today, we are staring down the barrel of a $100K Bitcoin. Here is the fascinating part: The people who missed out are the loudest ones yelling that it’s a "scam." This is classic cognitive dissonance. If they admit Bitcoin is real, they have to admit they made a massive mistake. They have to admit they ignored the greatest asymmetric bet in history. They have to admit they denied their children abundant opportunities because they were too closed minded to look. So, to protect their ego, they attack it. They hate it because they ignored the countless articles on the media over the years. Don't be the person who works a pointless job for 40 years just to prove a point. Put your ego aside and study #Bitcoin
Sovereign social media is here. First off, it will take a long time to fully move to more sovereign systems. No, not all your energy needs to be focused there, but it’s great to start. @theprimalwave is a great place to start. Once you create an account here, you’ll be able to access the entire ecosystem that is emerging. Primal will feel like a normal social media app and you don’t need to be techy to understand how to use it. . But there’s a profound difference in What’s going on under the hood. With primal and other Nostr apps, your content lives on multiple servers and anybody can create apps to view that content. And anyone can run the servers to distribute it. So nobody can stop it and there could be a 1000 apps to view the same content. It’s up to us to make a conscious shift to make this happen. Tag me on primal and I’ll send you some bitcoin as well. Pv 🫡
@JeffG just using white noise between my 2 phones App is very cool now, come on leaps and bounds 👏