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Bitman
bitman@nostrplebs.com
npub1z204...mxwn
Follow the money.
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Bitman 9 months ago
Bitcoin’s origin feels almost mythical: – A mysterious, pseudonymous creator – Satoshi never touches his coins – Disappears at the perfect moment – Launches right after the 2008 financial crash – Embeds “Chancellor on brink of bailout” in the first block – Impeccable monetary policy: 21M cap, 4-year halvings – Nearly flawless technology from day one
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Bitman 9 months ago
Yesterday, we saw the biggest intraday move in the S&P 500 since the 2020 pandemic. Fake news about a tariff pause sent the index swinging by 8.5%. But #Bitcoin is the volatile one 😅 image
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Bitman 9 months ago
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡
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Bitman 9 months ago
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡
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Bitman 9 months ago
In the past 72 hours, #Bitcoin has defied the old narrative: “it always drops more than stocks during crises.” While the SPY plunged -11%, #BTC stayed 🟢. The market is shouting: something has changed. Apolitical money ignores political chaos. The future? Everything’s falling — except #Bitcoin.
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Bitman 9 months ago
The mysterious creator of #Bitcoin, known only as Satoshi Nakamoto, chose April 5th as their birthday. No one knows exactly why, but many believe the choice was symbolic: it was on this day, in 1933, that the United States signed Executive Order 6102. Today marks 92 years since President Franklin D. Roosevelt ordered the confiscation of gold from American citizens. The decree banned private ownership of gold, requiring individuals to hand it over to the government under threat of heavy fines or imprisonment. The goal was to strengthen state control over the economy during the Great Depression by centralizing gold in federal banks and breaking away from the gold standard. This historic event exposed the vulnerability of individual wealth to government intervention — a lesson that still echoes today. Decades later, in 2008, #Bitcoin emerged: a decentralized digital currency, resistant to censorship and confiscation, that gives individuals control over their own wealth. An alternative financial system, built precisely to challenge the state’s monopoly over money.
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Bitman 9 months ago
ETH’s return over the past 90 days: -51%. JP Morgan, Vitalik & Co. Ltd finally pulling the exit scam. It’s so satisfying to watch frauds collapse! image
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Bitman 9 months ago
10 years ago, Mastercard would shut down the account of anyone selling #Bitcoin using their network. Today, they want to let you spend your Bitcoin on their network. But according to your favorite yuppie influencer pushing fixed-loss bonds, Mastercard is about to enter a Ponzi scheme. Bitcoin is the ultimate collateral. It makes perfect sense for credit card companies to offer you credit in fiat currency using your Bitcoin as collateral. It’s a no-brainer, especially considering Bitcoin’s network size. If Mastercard does it, VISA, Amex, and Diners will all follow. No one wants to be left behind. Game theory at its finest. image
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Bitman 9 months ago
Network fees remain low as masses of shitcoiners sell their BTC to hodlers—today, the opportunity cost of shitcoining is simply too high. Faster blocks are also playing a role, with a 3.22% increase in mining power speeding up block production.
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Bitman 9 months ago
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡
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Bitman 9 months ago
someone just inscribed this 3.7MB #bitcoin music track via slipstream 🔊 was it worth the $2,306 fee? #asknostr
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Bitman 9 months ago
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡
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Bitman 9 months ago
Trump’s memecoin scam earned his son 10,000 BTC in 48 hours—about 20% of his father’s net worth. Shortly after, the holding company took on even more risk by purchasing regulated products. Last week, Trump announced plans to invest in and launch a dollar-backed stablecoin to compete with USDT. Now, news emerges that they also want to enter the mining sector. Mining has always been a survival game. Most who stayed until the end lost BTC. Those who got in and out at the right time made BTC. And those with access to subsidies and cheap energy profit in dollars, financed by debt. Politics and economics are increasingly converging toward Bitcoin. Ignoring #Bitcoin today is like ignoring the internet in the 2000s or electricity in 1900.
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Bitman 9 months ago
"that's why decentralized mining should win, if miners are being economically rational... and we're seeing a migration towards this and away from FPPS" — @Bitcoin Mechanic
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Bitman 9 months ago
Metaplanet CEO says, “I tell my friends to put 100% of their net worth in to #Bitcoin.” 🙌
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Bitman 9 months ago
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS 🫡