What you think is what you do.
What you do is who you are.
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npub13kvr...8pqe
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when you read The Bitcoin Standard and know a digital monetary renaissance has begun


What happens to the citizens of a country that has access to a form of money that is immutable??
#Bitcoin
You will be buying the #Bitcoin dip for the next 1000 years!!
#Bitcoin IS rat poison.
The rats are central banks!
For those who think that #Bitcoin is not supported by anything!
#Bitcoin is supported by the expenditure of energy that is required to make it.
One of the major benefits of #Bitcoin is its potential to improve the financial inclusion of marginalized communities around the world. Traditional banking systems often exclude individuals who lack access to formal identification, a permanent address, or a credit history. However, Bitcoin's #decentralized nature means that anyone with internet access can participate in the network, regardless of their socio-#economic status or location. This could provide a lifeline to the millions of unbanked individuals globally, enabling them to access financial services, send and receive #money, and participate in the global #economy in ways that were previously impossible.
#Bitcoin is not just a currency, but a testament to the power of decentralization, transparency, and the human spirit. It is a symbol of defiance against traditional financial systems and a beacon of hope for a more equitable and inclusive future. In a world where trust is often eroded, #Bitcoin stands as a testament to the power of technology to create trust without intermediaries. It is a reminder that the power to shape our financial destiny lies in our hands, not in the hands of a few.
When you buy #bitcoin you are buying the infrastructure of the next global digital payment system.
Think of it like this .
If you had the opportunity to buy a part of the internet in 1993, would you have?
In the last 62 years the British pound has lost 322% of its value.
This is what happens in a fiat economy not backed by hard money like Gold.
#Bitcoin puts an end to this theft.
Fiat currency is corrupt money backed by corrupt government verified by corrupt institutions.
#BITCOIN is immutable money backed by adoption verified by independent nodes.
what is the most efficient way to get my #bitcon off of the coinbase exchange into wallet of satoshi?
Or any other recommendations to get out of the exchange.
Thanks
Fiat currencies have a low stock to flow ratio. This means that the cost or energy expenditure to produce more of it is at or near zero.
#bitcoin fixes this.
#bitcoin is not limited by borders, governments, financial systems or organisations.
It is the money of the people.
#bitcoin is not limited by borders, governments, financial systems or organisations.
It is the money of the people.
If math is the universal language and #bitcoin is math. Then bitcoin is the global currency. It’s just a matter of time.
Mining #Bitcoin is more efficient and less expensive than mining gold.
A Bitcoin backed monetary system makes sense.
its nice to have a place where I can interact with like minded people without having irrelevant ads so ed into my face.
#Bitcoin provides greater financial inclusion by allowing individuals to participate in the economy without relying on traditional banking services. This is especially beneficial for the unbanked and underbanked populations.
Understanding UTXOs: A Beginner's Guide to #Bitcoin Transactions
Are you new to Bitcoin and wondering what #UTXO means? Let's dive into this fundamental concept to better understand how Bitcoin transactions work.
UTXO, or Unspent Transaction Output, lies at the heart of Bitcoin's transaction model. Here's a simple breakdown:
1. What is UTXO?
UTXO refers to the output of a Bitcoin transaction that hasn't been spent yet. Think of it as digital coins or tokens waiting to be used.
2. How does it work?
When someone sends you Bitcoin, they are essentially creating a new UTXO in your wallet. This UTXO represents the amount of Bitcoin you received.
When you want to spend Bitcoin, you use one or more UTXOs as inputs in a new transaction. For example, if you received 1 #BTC in two separate transactions (0.5 BTC each), you could combine these UTXOs to send 1 BTC to someone else.
3. Why is UTXO important?
UTXO ensures the integrity and security of Bitcoin transactions. Each UTXO is uniquely identifiable, making it easy to verify ownership and prevent double-spending.
By tracking UTXOs, the Bitcoin network maintains a transparent ledger of all transactions, allowing anyone to verify the entire transaction history (the blockchain).
4. Example:
Let's say you received 0.5 BTC from Alice and 0.3 BTC from Bob. These transactions create two UTXOs in your wallet: one representing 0.5 BTC and the other 0.3 BTC.
If you want to send 0.6 BTC to Carol, you can combine these two UTXOs as inputs in your transaction. The leftover amount (0.2 BTC) will be sent back to your own wallet as change.
Understanding UTXOs is crucial for anyone getting started with Bitcoin. It forms the foundation of how transactions are created, verified, and recorded on the blockchain. So, the next time you hear someone mention UTXO, you'll know exactly what they're talking about!