For 4 years, the marketer with a degree promised Ethereum would flip Bitcoin. Today, Bitcoin stands at a $1.86T market cap, while Ethereum stagnates at $390.5B. Substance > hype. A grifter isn’t a researcher, teacher, or professor—they’re a scammer. #Bitcoin

The Driving Forces behind the Rise of #bitcoin “It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy.” #satoshi #satoshinakamoto (2009)

#Bitcoin can be compared to fire: a transformative, foundational force that has reshaped the way humans interact with value, much like fire reshaped survival, cooking, and innovation. #Altcoins, in this analogy, are akin to tools or methods for using fire—like stoves, lanterns, or furnaces. While these tools enhance or adapt the utility of fire for specific purposes, they ultimately rely on the fundamental essence of fire itself to function. Similarly, Bitcoin provides the core breakthrough in decentralized digital scarcity, while altcoins often build on or tweak this innovation to serve specialized functions, but they depend on the foundational principles Bitcoin established.

🔥 You cannot recreate fire. Bitcoin is fire. Altcoins are just chopped wood burning in the flames.​​​​​​​​​​​​​​​​ #introductions

#Bitcoin #nostr This proves Ethereum is a scam 💩 coin . If you are new to Bitcoin, you are not late, you can never be late. Learn from mistakes. Just buy as much Bitcoin as you can every day. Ethereum Foundation Continues Sell-Off as ETH Surges Past $2,500 The Ethereum Foundation adds to its growing ETH sale count. by Okoya David. Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn Read more on DailyCoin:

Ethereum Foundation Continues Sell-Off as ETH Surges Past $2,500 - DailyCoin

#BitVM 2: Advancing Permissionless Verification on #Bitcoin #BitVM2 introduces a novel approach to permissionless verification on Bitcoin, addressing limitations of previous designs and improving trust assumptions. The original BitVM was limited to two-party settings, while later versions introduced multi-party configurations but required predefined verifiers. BitVM 2 improves upon these by allowing anyone to act as a verifier during runtime. It requires a one-time setup with a 1-of-n honesty assumption, simplifies the design, and reduces trial length to two rounds. The verification process aims to verify assertions of the form f(x) = y for complex programs. It uses a balanced approach between on-chain and off-chain computations. The prover commits to input, output, and intermediate results, while verifiers can disprove any faulty assertion. The technical implementation utilizes a Taptree with scripts to disprove computations, reducing worst-case computation to a single step. This approach balances the prover's commitment size and the verifier's script size. BitVM 2 can serve as a building block for permissionless bridge verification. However, it's worth noting that there's still a potential for fee theft by malicious provers, though deposits remain safe. BitVM 2: Revolutionizing Permissionless Verification on Bitcoin In the ever-evolving landscape of blockchain technology, Bitcoin continues to push boundaries with innovative solutions. BitVM 2 represents a groundbreaking advancement in permissionless verification that addresses key limitations of its predecessors while enhancing security and trust models. The journey to BitVM 2 began with the original BitVM design, which was constrained to two-party settings. Subsequent iterations introduced multi-party configurations, but these still required predefined verifiers and incurred increasing setup costs with each additional verifier. This limitation created a vulnerability: a finite number of parties could potentially be bribed to compromise a contract. BitVM 2 shatters these constraints with its key innovation: allowing anyone to act as a verifier during runtime, without being part of the initial setup group. This dynamic approach significantly improves the trust model and simplifies the overall design, reducing the maximum trial length to just two rounds. At its core, BitVM 2 aims to verify complex program assertions efficiently. It employs a balanced approach between on-chain and off-chain computations. The process begins with the prover committing to the input, output, and all intermediate results in a single step. Verifiers can then challenge any part of the computation they believe to be incorrect. A Taptree containing scripts for disproving computations allows for efficient on-chain verification. This method significantly reduces the on-chain footprint while maintaining rigorous verification standards. The most exciting prospect of BitVM 2 is its potential as a building block for permissionless bridge verification. This could pave the way for more secure and efficient cross-chain interactions, a critical component in the increasingly interconnected world of blockchain ecosystems. While BitVM 2 represents a significant leap forward, it's not without challenges. The potential for fee theft by malicious provers remains a concern, although the core deposits remain secure. This highlights the ongoing need for vigilance and further refinement in blockchain security models. BitVM 2 stands as a testament to the continuous innovation in the Bitcoin ecosystem. By addressing key limitations of previous designs and introducing a more flexible, permissionless verification model, it opens up new possibilities for complex computations and cross-chain interactions on the Bitcoin network. As the technology matures, we can expect to see exciting applications that leverage this enhanced verification capability, further solidifying Bitcoin's position at the forefront of blockchain innovation.

Bitcoin is the only cryptocurrency that truly follows the power law. This is a crucial distinction that sets it apart from all other digital assets in the crypto space. While many altcoins, including big names like Ethereum and Solana, claim to exhibit power law characteristics, the data tells a different story. Bitcoin uniquely adheres to power law distributions across multiple metrics. These include wealth distribution, mining pool concentration, node distribution, and transaction volumes. This consistent pattern isn't mere coincidence – it's a reflection of Bitcoin's genuine decentralization and network effects that cannot be replicated. Altcoins may promise similar patterns, but closer examination reveals that they often exhibit more centralized structures masked as decentralization. Their distribution patterns and network characteristics simply don't align with true power law dynamics. Bitcoin's adherence to power laws isn't just a statistical curiosity. It serves as tangible proof of Bitcoin's unparalleled position in the cryptocurrency ecosystem. This mathematical consistency underscores Bitcoin unique properties and reinforces its status as a truly decentralized and robust network. Understanding this distinction is crucial for anyone looking to grasp the fundamental differences between Bitcoin and other cryptocurrencies. It highlights why Bitcoin continues to stand out in a sea of digital assets, maintaining its position as the premier cryptocurrency. #Bitcoin #PowerLaw #Cryptocurrency #Decentralization

#Bitcoin is the original digital fire. Like fire, it cannot be recreated – only discovered once. All altcoins are mere attempts to harness this revolutionary flame. Altcoins may tweak the formula, trying to improve upon Bitcoin's groundbreaking technology. But at their core, they're all using the same fundamental "fire" that Bitcoin ignited in the world of finance and technology. Just as our ancestors couldn't uninvent fire once discovered, we can't undo the paradigm shift Bitcoin has created. Every cryptocurrency that followed is, in essence, a variation on Bitcoin's original flame. #Bitcoin #Blockchain

#Bitcoin > long con alts

#Bitcoin will soon have a market cap, 1 trillion USD higher than Ethereum. Biggest marketing scam since 2017 is the “flippenig”

#Ethereum is a long con. Will go down like Enron. #Bitcoin #nostr

The New Liberty Standard Exchange recorded the first exchange of #Bitcoin for dollars in late 2009. Users on the #BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal, making the first price mediated through an exchange a bargain basement price of $0.00099 per bitcoin.

You cannot recreate #Bitcoin. You cannot recreate fire. You can alter fire, but you cannot recreate it. That is what altcoins are. Altered fire.

If #Bitcoin goes from $0.01 to $1.00, it will have increased by a factor of 100. If it continues to grow at the same rate, it will indeed reach the following prices: $1 (100 times the initial price) $10 (1,000 times the initial price) $100 (10,000 times the initial price) $1,000 (100,000 times the initial price) $10,000 (1,000,000 times the initial price) $100,000 (10,000,000 times the initial price) $1,000,000 (100,000,000 times the initial price) This pattern of growth, where each subsequent stage is a fixed multiple of the previous one, is an example of exponential growth. In this case, the price increases by a factor of 10 at each stage. #nostr

I buy #Bitcoin everyday regardless of price. I was doing this way before Saylor. But Saylor has a voice. So he is king of that based set.

Newer participants in the world of Bitcoin may not be aware that concepts such as smart contracts, sidechains, Layer 2 solutions, non fungible tokens, tokens, and decentralized autonomous organizations were all originated by Bitcoin OGs in the early part of the 2010s. #Bitcoin #nostr

Been buying Bitcoin at any price since 2013. I do not care. #Bitcoin #HODL, going to break 100 k , 250 K , 500 K ,

I have heard people talking about Ethereum overtaking #Bitcoin, but it hasn't happened yet. I believe that a flippening will eventually occur when #Bitcoin surpasses #Gold. This is because Bitcoin is a hard currency, which is the essence of cypherpunk ideology. On the other hand, the term "AI money" is just a phrase used by venture capitalists to scam people. In the end, VC always wins in Ethereum.

Credit cards, mortgages, and property taxes are scams. Debt is a game to enslave you. You want out. Buy #Bitcoin as much as you can everyday. Forget all other blockchains and protocols. You want insurance. You want clarity. You need Bitcoin. #nostr