One key characteristic of #Bitcoin is that it has no issuer - whether that be the state or a corporation or a celebrity influencer or a tech wiz.
#Plebchain
Hedraios
hedraios@nostrplebs.com
npub1pt89...430z
#Bitcoin 🐇🕳️ ⚡️ [Keet.io] [Umbrel] [✝️ 📖]
As you study #Bitcoin, you'll come to appreciate property rights.
#Bitcoin is new tech solving an age-old problem: the debasement of money.
Whether in the form of printed paper, digital IOIOIIOOs, or hunks and chunks of metals, money has always been susceptible to debasement.
We just couldn't store value in a way that wouldn't leak.
Until #Bitcoin.
HODL it.
#Bitcoin is profound.
Thoughtful piece by @rare
Recommend the read:


The Autonomous Individual
Thoughts on being a sovereign individual.
I've been falling falling falling down the #Bitcoin rabbit hole, falling for 3 years straight, falling every day and every night, tired eyes and highlighters in books, headphones in at night, more than 1,000 consecutive days of falling each day and every day and I have not yet hit the bottom or lost interest.
And what is coming next?
What will come when the absoluteness of #Bitcoin infiltrates and reprices this cheap fiat world???
BooksvideospodcastssoftwarehardwarefiatcorruptionphilosophypoliticswarstatesocietysovereigntytimepreferenceenergyhistoryprivacycoinagemintsbondscustodycentralbanksfractionalreservenymsnostrcryptographygametheorymultisigopensourcefractalencryptbitaxenoderunnersoundmoneyexchangesethicscounterpartytimevaluemempoolhoneypothalvingoresmedergigivirtuesmeaningtruthGodSHA256elipticalcurvemeetupsspacesplebskeysstayhumblestacksatsbase58elsalvadorxpubzpubsparrowwalletwatchonlybtcpayserverorangeorangeorangepillllllllledPlease:WhenwillIfindthebottom?
#Plebchain
Question 1: Can the total supply of #XRP be expanded?
Question 2: Can the total supply of #BTC be expanded?
#Plebchain
KEET: It's been interesting and encouraging to watch Keet.io emerge and improve.
It's a communication app. It's in Beta, but already impressive.
I think it may be profoundly helpful - maybe essential - to those interested in private property and private personal communications in the coming years.
Keet's claim: direct, end-to-end encrypted data between the participants in every interaction: Text messaging. Voice calling. File sharing. Video chatting. Bitcoin Lightning payments.
Yet no middlemen, third-parties, or servers. Nobody to snoop on calls, leak or collect data. No ads.


Keet - The Peer to Peer Chat App
Keet is a peer-to-peer chat application that allows users to communicate directly with each other. 100% end-to-end encrypted. Never on a server.
Read "The Ethics of Money Production" by Hüllsmann.
It came out in 2008, just before #Bitcoin.
Available as a free .PDF from the Mises Institute website:
https://mises.org/library/book/ethics-money-production
#Plebchain
-1 and 1 look similar, except for that little inverse "-" sign.
Altcoins and #Bitcoin are categorically different.
#Bitcoin is the inverse of a Ponzi scheme.
Proof of work + difficulty adjustment + decentralized protocol = hardest money known to man.
Freaking impressive.
#Plebchain
Trying this on for size:
What if gov't existed solely to assist individual citizens in the protection of their property rights against theft or seizure by aggressors?
#Bitcoin
#Plebchain
It's a big deal that #Bitcoin is opt-in.
There's no bodily threat aimed at anyone; no demand it must be used - or else! ( Not dependent upon legal tender laws for adoption ).
We use it because we like it.
It has utility.
And our nodes are like our heads nodding together in consensus on this, as we agree to cooperate.
Don't like it? Make your own fork.
#Plebchain
#Bitcoin Class of 2021.
I see fiat everywhere now.
#Plebchain
What is hard to fully grasp is the significance of absolute scarcity.
Digital scarce assets which can be owned, transferred, and audited, make a sound digital money possible.
This new absolute scarce money will devour fiat monies.
As fiat dilutes in value,
Bitcoin gets denser in value.
#Bitcoin
#Plebchain
It's fun checking in on my #BitAxe every so often to see if this little number in #AxeOS has gone up:
#Plebchain
#Bitcoin

