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siwprimus
primus@nostrplebs.com
npub1zuyp...r89k
☆ Sovereignty ☆ Free Speech ☆ Free Trade ☆ Austrian Economics ☆ Bitcoin ☆ Lightning ☆ Running The Numbers ☆ Experimenting ☆ Useful Knowledge ☆ Useful Tools ☆ Objective Truth ☆ Sage Wisdom ☆ Funny Memes ☆ Zap Worthy Content
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siwprimus 1 year ago
Lowest time preference wins🤙 #BTC #Zaps #Plebs #Grownostr #WhyBTC  #Nostr
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siwprimus 1 year ago
625Gb of the truth... not opinions, not feelings, just facts🤙 #TrustNet #BTC image
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siwprimus 1 year ago
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siwprimus 1 year ago
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siwprimus 2 years ago
#Bitcoin Mining is the solution, not the problem... it stabilizes electrical grids in cities and monetizes stranded energy in the remotest of locations. #Bitcoin - Study It! #BTC #Zaps #Plebs https://video.nostr.build/fdb2f7fcae0db32d25917f69d8fa395c5fa333b571d6db16bb3ab2721d933d94.mp4#m=video%2Fmp4&dim=480x270&blurhash=iBEV1z%3Fa0yR5ZhJ70zM%7Bxa%7Eptk9tR5oLNH-o%24%25xG0Ls9%24OELtl%3D%7C-pI%3AI%3A4%3AIU%3D%7BxuI%3A-%3AofR*t7aeX8N%5DIpsAsUxaoMni&x=f705f709cbb9e75f47ff6b083fa4c058fd72c1b5e81f3695ffb66e6e5da6bcde #Grownostr #WhyBTC #Nostr
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siwprimus 2 years ago
Money is a title deed to human time - Robert Breedlove #Bitcoin - Study It! #BTC #Zaps #Plebs #Grownostr #WhyBTC #Nostr
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siwprimus 2 years ago
Someone asked me "What does #BTC mean to you?" That got me thinking... My "short" answer: A global Bitcoin Standard is the opportunity to finally align the individual's incentives with what's good for humanity. My "long" answer: When war and destruction in one part of the world can be used to stimulate "economic growth" and "prosperity" in another part of the world, clearly the individual's incentives and what is good for humanity are misaligned. If you read between the lines of ancient history, Gold incentivised conqurers to brutalize the rest of humanity for personal gain. If you read between the lines of modern history, Fiat Currency incentivises governments to impoverish their citizens through taxation and debasement, to sustain itself and grow non-stop. Fiat incentivises exploitation over cooperation. Fiat prioritizes short term gains over long term solutions. Our "fiat money" is broken, so our governments, central banks, commercial banks, private banks, payment processors, corporations, etc are all tainted and used by "privileged" individuals to extract value from the rest of humanity. #Bitcoin fixes this, because it's cooperative and additive... When you run a Bitcoin Node, you are working on behalf of all Bitcoiners by maintaining a copy of the truth and resisting changes to the code. When you run an ASIC miner, you are working on behalf of all Bitcoiners by processing transactions into blocks and maintaining the digital security wall. When you have #BTC in Cold Storage you are growing Bitcoin's role as a neutral global Store of Value (SOV). Even if you lose or purposely "burn" your private keys, you are making the rest of the #BTC supply more valuable. When you use Lightning for payments, you are growing Bitcoin's role as a neutral global Medium of Exchange (MOE). When you accept payment for products and services in #SATS, you are growing Bitcoin's role as a neutral global Unit of Account (UOA). When you send and receive #Zaps on #Nostr, you grow the #V4V (Value for Value) economy on decentralized Social Media. A global Bitcoin Standard is the opportunity to finally align the individual's incentives with what's good for humanity. Smells like freedom for Sovereign Individuals to me! Your thoughts? #Grownostr #WhyBTC https://image.nostr.build/0b7c7760e6bb498de46da1aeb1121854773778a896a90cc01f1b95858137db68.gif#m=image%2Fgif&dim=480x480&blurhash=U54_Oga%7C0MoKfQfQfQfQ0Mjt%7EBWWfQfQfQfQ&x=39d8e034c4ce7681523e783c3c358eadc548301f06cbb4b5cfd362ca1fb8fd0b
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siwprimus 2 years ago
You can either hold #BTC in self-custody or take on a combination of 24 Equity Risks: 1. Goverance Risk 2. Operational Risk 3. Strategic Risk 4. Financial Risk 5. Competitive Risk 6. Technology Risk 7. Political Risk 8. Facilities Risk 9. Regulatory Risk 10. Employee Risk 11. Vendor Risk 12. Customer Risk 13. Reputational Risk 14. War Risk 15. Currency Risk 16. Tax Risk 17. Weather Risk 18. Customs Risk 19. Legal Risk 20. Tort Risk 21. Patent Risk 22. Health Risk 23. Lifestyle Risk 24. Dilution Risk