#Bitcoin is a direct threat to the fiat system because it can’t be undermined.

So far my thinking on bitcoin is. Bitcoin is a savings technology that the government can’t steal from. The price is a representation of the cost of production and it will eventually become the currency of the world.

Bitcoin simplifies money.

Fiat is backed by decree. Bitcoin is backed by consensus. This makes Bitcoin the most valuable money to have ever existed.

Bitcoin back above $100k

The Basics of Bitcoin with Craig LeBlanc. My first video podcast, loved it and definitely doing more! Thank you all for the support you have given me over the last 24 hours, it is blowing my mind ❤️

In 2023 the UK produced 26.7TWh in excess energy! Approximately 13.35 million Bitcoins could theoretically have been mined, assuming an average energy consumption of 2,000 kWh per Bitcoin. Today that is 1.2 trillion

Over the last 5 years, Bitcoin’s market cap has surged from $130B to $1.934T, a $1.804T increase. Gold’s market cap grew from $8T to $12T. While both assets gained, Bitcoin’s rise highlights the shift toward digital stores of value. #Bitcoin #Gold #Finance

Energy can’t be created or destroyed it can only be transferred. When I buy Bitcoin, I am buying a digital representation of energy that holds its value forever.

As far as I understand the Bitcoin block wars was based in the trade off between payment utility and decentralisation. Ultimately decentralisation won. Right?