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BitcoinMike
npub1aq72...p3gg
@BitcoinMike23 on Twitter
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BitcoinMike 2 years ago
Wild stat Let’s say all bitcoins had to be divided amongst everyone on the planet It would come out to .002625 Right now 111.36 cents This doesn’t include all the bitcoin lost. So play this scenario out, let’s say the world lived on a bitcoin standard It would cost far less than 111 dollars to function on a bitcoin standard. The more people hoard coins the less it becomes price wise for the world to function because the market sets the prices Mind blown
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BitcoinMike 2 years ago
A little behind on this interview but my goodness. Every person needs to listen to this. @npub1preu...eujk has the most wide range of guests and does his best to travel and stay out of an echo chamber. This interview really affected me.
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BitcoinMike 2 years ago
Every time someone tells me when they don’t own bitcoin and why they prefer to stay in this system I end up buying more bitcoin, not trying to spite them or say I told you so. I just want to help them when the time is right by distributing my coins. My whole goal comes with helping people unlearn. I love them too much to not try.
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BitcoinMike 2 years ago
If you are a bitcoiner and you haven’t watched Mr Robot you may want to change that.
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BitcoinMike 2 years ago
“Practically everyone is unequipped to evaluate bitcoin because it does not fit into any prior mental framework, to make it even more difficult Bitcoin is so abstract in application and so far from a tangible phenomenon that it’s like staring into the abyss. Bitcoin is both difficult to see and impossible to unsee once discovered” Parker Lewis quote. I get it. I can’t unsee it.
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BitcoinMike 2 years ago
Bitcoin such a philosophical mind change. It reverses cynicism
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BitcoinMike 2 years ago
The debate on whether Die Hard is a Christmas movie is irrelevant. Die Hards subtext is much deeper. John McClain represents the working class American, notice in the movie that John only trust working class people, the cop, the driver, the security guard who he banters with. Hans is the complete opposite of McClain in that he represents Greed on a massive scale. Holly, Johns wife represents America torn between two world ideas and pulled by the allure of greed. the watch becomes "americas bribe" it becomes symbolic that letting go if the watch finishes Gruber. Outside of the Nakatomi Plaza sits the symbolic government in the form of police and FBI, they operqte by the book and Hans knows every move they make. it shows how government is powerless to stop this. notice the similarities between Ellis and Hans, they look the same. Ellis thinks he speaks Hans language. As far as Christmas, it's used as a tool to illustrate the point. use a massive consumer holiday to explore greed.
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BitcoinMike 2 years ago
@preston not sure if you’ve seen this display. This is the exponential that @Jeff Booth talks about. From 5:20 to about 10 minute mark they give a display.
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BitcoinMike 2 years ago
What’s the longest anyone has had a lightning network payment delay?
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BitcoinMike 2 years ago
Does anyone know if grayscale is backed one to one? Need to find out
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BitcoinMike 2 years ago
Pretty sure my family thinks I’ve lost my mind because I research bitcoin and AI on a daily basis. How do I possibly explain to them that I’ve been unplugged? You try listening to hours of @Lyn Alden @preston and @Jeff Booth tell me you want to think about normal stuff. You can’t unplug someone from the matrix not expect things to change.
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BitcoinMike 2 years ago
Twitter feels like all bots now. You can bot me, just zap me first with sats. Lol
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BitcoinMike 2 years ago
Learning a lot about AI lately. In my limited knowledge it seems the Q* discovery massive. AI currently works on pattern recognition. You ask it what 2 plus 2 is and it knows through patterns the answer is 4 but it doesn’t know why mathematically. Apparently Q* does. Wild.
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BitcoinMike 2 years ago
I’ll tell you why price targets in bitcoin mean nothing and most will actually undershoot. When you truly deep dive the marginal cost coming in n AI the deflationary pressure will become a black hole and Bitcoin then becomes invaluable. Dont trade it for stupid gains.
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BitcoinMike 2 years ago
You can see David Lins brain turning. Fascinating
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BitcoinMike 2 years ago
I’ve noticed some real prominent bitcoiners that have smugly dismissed AI lately. AI happening at an exponential rate, while I understand this could break the brains of some religious/spiritual viewpoints and viewpoints about work in general this reality will hit us all in the face. Philosophers like John Locke introduced the idea that we are nothing but a series of experiences, like a blank paper and we become an amalgam of our experiences, this essentially how AI functions. For me Bitcoin and AI go hand in hand. And I question do we even call it “Artificial” it simply is intelligence. They need each other and the world needs AI as much as it needs bitcoin, the sheer benefits that will come from it will outweigh anything. The current trajectory of man without AI will most likely become a dodo bird. It would be the equivalent of saying I don’t want to build the industrial age because we may wreck the horse business. I live as a fairly young man with a pacemaker, “I am part machine” science and discovery have prolonged my life. If I said this to someone in the 1400s they might burn me. I want to commend @Jeff Booth and @preston for their logical, empathic, & human approach to this recently. To the bitcoiners who go the other way, talk about god, steaks, and almost sound vitriolic at times I will still listen to you, why, because I feel intelligent enough to filter that stuff out to get to the truly brilliant stuff you talk about. You are not my enemies and I greatly appreciate your contributions to my bitcoin journey.
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BitcoinMike 2 years ago
Does anyone know what happened with Sam Altman?