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Satoshis Nephew
satoshisnephew@primal.net
npub1r9rk...twmh
BTC is hope! #endthefed #jailyellenwarrenpowellgensler
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ftcb21 9 months ago
You reckon $10 million per BTC by 2030? In today’s purchasing power? Many factors come into play.. Supply squeeze Nation states Brrrrrrrr In our lifetime yes.. 2030 maybe but less than 50% chance.. $1 000 000 yes.. What’s your thoughts? The main factor is all the sub factors applying pressure. There isn’t just one thing. It only needs to get to 5% adoption and you’re pretty much home. Once people start hearing about their neighbor getting wealthier than them, us humans like to copy so the curve will steepen exponentially. For all the current news events surrounding BTC it should be over 200k by now. There will be a catalyst like a failed auction at the bond market where people will realize we have a major currency crisis. This will leave many people with no other option… Before we use to talk about houses and gulfstreams - now we talk BTC! @Justin B #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
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ftcb21 9 months ago
One difference - Gold does not depend on the internet or the grid.😁 (normie) Reply by South African Billionaire… Yes, gold doesn’t depend on the internet or the grid…in theory…but let’s be real…if the power grid and internet went down globally, we’d be dealing with full-blown societal collapse. At that point, owning gold wouldn’t matter unless you can eat it, defend it, or trade it with someone who still thinks shiny rocks are worth canned food. Also, let’s not pretend everyone who ‘owns’ gold actually possesses it. Most gold ownership today is just paper claims (ETFs, vaulted reserves, custodial holdings…actually all recorded and monitored via DIGITAL DATABASES ON TECHNOLOGY THAT WOULD NOT WORK IF THE INTERNET AND GRID WENT DOWN) which ironically DO rely on the internet and financial infrastructure. If the grid goes down, good luck accessing your ‘allocated’ ounces sitting in a vault 5,000 miles away 😉 Meanwhile, Bitcoin offers something gold never could…self-custody, portability, divisibility, and borderless transfer. If we are in a Mad Max scenario, the medium of exchange will be bullets, not bullion. But short of that, Bitcoin gives you freedom and access that gold simply can’t match in a modern world… Let’s entertain the “no internet, no grid” scenario. You think gold gives you the upper hand? Let’s be honest…if you don’t have physical possession of your gold in your hand (not some vault slip, ETF, or custodian login), you’ve got nothing. And even if you do have bars at home, how exactly are you planning to trade them in a crisis? Shave off slivers? Carry it in your pocket and hope someone accepts it? Verify its authenticity with… what, your survival kit x-ray scanner? 😂 Gold bugs forget the verification difficulties…could go on and on here!! Now flip the scenario: the grid and internet start coming back online. Bitcoin doesn’t need a branch office, armored truck, or FedEx shipment to “wake up.” It’s software/digital. As soon as one node connects, and then another, the network starts syncing…block by block, wallet by wallet. Your Bitcoin, even if stored offline, instantly becomes liquid and globally accessible again. No middlemen. No delay. No paperwork…GLOBALLY, INSTANTLY!! Bitcoin will be the first monetary asset to come alive the moment the lights flicker back on. Gold? It’s still sitting there, waiting for someone to weigh it, test it, or ship it…like it’s 1805. Bitcoin isn’t dependent on the grid…it just uses it better than anything else ever created 🤸‍♂️ #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
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ftcb21 9 months ago
“Life oscillates like a pendulum, back and forth between pain and boredom.” This made so much sense… #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
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ftcb21 9 months ago
“Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for.” #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
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ftcb21 9 months ago
Companies that invest in innovation during a crisis are more likely to outperform the market when the crisis has passed. WE ARE IN A FINANCIAL CRISIS.. GUESS WHAT THE BEST WAY TO COME OUT THE OTHER SIDE IS... BUY FUCKING BTC AND SELL THE DESK CHAIRS.. #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
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ftcb21 9 months ago
What makes bitcoin unique? Separation of money and state The main takeaways from the previous sections are that bitcoin is decentralized digital money - with no central bank - that has a scarce supply of 21 million coins that can ever exist, which can be sent from peer- to-peer without the use of an intermediary. Let’s break all that down and start with a simple analogy: Like any other product or service, if one single entity has total control over the market, as a result of the lack of competition, the consumer/user will have a low quality product which will not last through time. Imagine if there was only one company that made cars. The vehicles would be expensive and poorly made, and the lone car company would likely offer horrible customer service. Why? Without any competitor to take away the company’s business, they would have no incentive to provide a better product to their customers.. So, how does this relate to bitcoin? For a large part of human history, central banks and governments have quite literally had a monopoly on money. Bitcoin changes this paradigm, and it is humanity’s first real- world competitor to this monopoly. After the Middle Ages, the invention of the printing press led to the individual being able to search for truth without the need to trust the church. Although at the time, very few could envision it, this eventually led to the separation of church and state. This drastically changed the way society functioned and caused unprecedented progress in almost every thinkable area. The achievements in art, music, architecture, literature and science from the era we now call the Renaissance have retained their value until this day. Similarly, the invention of bitcoin brings about a separation of money and state. Although it might be hard to imagine right now, this paradigm shift will allow everyone to know what their share of the total global money supply is, without anyone being able to change the denominator of that share. The printing press freed the individual from religious oppression. The internet revolutionized access to information and communication. Bitcoin will free people from financial slavery and will enable everyone to accumulate, store and transfer value, without the need to ask permission from or trust a government or financial institution. The 1974 Nobel Prize in Economic Sciences laureate Friedrich von Hayek understood this is a condition for human progress. Satoshi Nakamoto invented the tool that makes it possible. #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
Cardinal BTC rules: 1. Shut the fuck up about your stash. 2. Slow the fuck down when touching funds. 3. Get the fuck out of trusted third parties. @Jameson Lopp #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
Booked my first taxi with BTC. Unbelievable! Adoption for medium of exchange is increasing fast in South Africa! Haircut - BTC Coffee and food - BTC Taxi - BTC Whoever says BTC has failed is fucking delusional! End the government! Use BTC!! #bitcoin #freedom #nostr #hardmoney #asknostr
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ftcb21 9 months ago
On a space last month I made the comment that the printing of money by governments and central banks is theft, and the only way to protect yourself against said theft is to invest and try to beat the rate of debasement post inflation. In response I was told “So then what’s the problem ? Just invest and it’s fine. Stop complaining.” Here’s my response: Think of money printing as the government coming to your house each year, punching you in the face, forcefully taking 10-12% of your income as well as your life savings, and then telling you the following: ➡️ Hey, if you want your money back, you have to put up the money you have leftover after we stole from you, and gamble it in a stock or real estate casino in the hopes of recovering the money we stole from you. Key points to note: 👉 You will likely recover only some or none of the money we stole from you. 👉 We will heavily tax what you partially recover. 👉 Some people will not only recover nothing but they will even lose some of the leftover money that they put up. 👉 Only a small % of people will recover the entire some post tax each year, and an even smaller % will turn a profit. 👉 It will become increasingly difficult to recover the entire sum post tax and you will have to dedicate a part of your life studying the casino game. 👉 We will keep increasing the tax on your recovered some making it more difficult for you to recover what we stole from you via inflation. 👉 If you fail to become a part time hedge fund manager or master this casino game, you will be impoverished and forced to work forever just to survive. 👉 This casino game will distort the incentives in the economy by rewarding speculation and punishing productivity. 👉 It will lead to social upheaval, extreme inequality, short term thinking, lower birth rates, higher crime rates, high drug consumption, more medical problems and lower quality of life. Inflation doesn’t become okay just because you might be able to recover some of it via investing. Thats the equivalent of saying theft is okay as long as the thief gives you the option of gambling your left over money to try to recover part of what he stole from you. #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
Best seller just released - updated version! #bitcoin #freedom #nostr #hardmoney image
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ftcb21 9 months ago
Some humor for today! @Adam Back 🚨WHY 21 CAPITAL IS A DOLLAR-BITCOIN DEATH STAR🚨 I've been doing some thinking about this announcement, and I have come to realize that SoftBank, Tether, and Cantor Fitzgerald have constructed a CAPITAL SUPERWEAPON. A BITCOINIZED SHADOW GOVERNMENT IS BEING BUILT IN PLAIN SIGHT. You have Tether, the Federal Reserve’s redheaded bastard stepchild, funneling black-market liquidity across every crevice of the planet like Pablo Escobar with Microsoft Excel. You have SoftBank - a kamikaze capital cannon historically known for blowing $130 million on Bitcoin at the 2017 top and losing $70 billion overnight during the dot-com crash - now laundering its reputation through "Bitcoin financial products." And then you have Cantor Fitzgerald - a firm so incestuous with U.S. regulatory power they practically have a keycard to Donnie Trump's broom closet. Together, they form a monstrous hybrid: a synthetic dollar-Bitcoin engine designed to perpetuate USD dominance while simultaneously building a backdoor exit into Bitcoin before the entire fiat system goes tits up. They're weaponizing Bitcoin to extend the dollar’s shelf life. It’s a god-tier hedge: If the dollar holds? They mint billions with synthetic carry trades across stablecoin rails. If the dollar collapses? Oops, they “accidentally” own 42,000 Bitcoin and control the next monetary base. And guess what? You’re not invited. You’re going to be at home, paying $47 for a bowl of cereal while Cantor Fitzgerald sells volatility swaps to the starving middle class like it's a Black Friday doorbuster. And get this, they installed Jack Mallers - a guy whose "aw shucks" demeanor and American Eagle wardrobe could sell heroin to a Mormon - as the CEO so nobody asks too many questions. This is the Federal Reserve’s shadow money cartel prepping for the Great Collapse by using Bitcoin to collateralize their escape. And they're gonna tell you it’s for “shareholder value” while they build a golden lifeboat and light the dollar on fire. 21 Capital is a synthetic Bitcoin-dollar fusion reactor, designed to hyperinflate the dollar one last time while simultaneously exfiltrating wealth into Bitcoin before the sovereign debt nuke goes off. They are burning the furniture to heat the house. Here's the real game: Tether launders USD liquidity through offshore stablecoin channels. SoftBank launders regulatory risk by funding a “corporate” Bitcoin treasury. Cantor Fitzgerald launders dollar collapse risk through public equity. Jack Mallers launders public perception by wearing sneakers and smiling on CNBC. Tick tock. Welcome to the real Fourth Turning.
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ftcb21 9 months ago
The majority of bitcoiners who hold are basically PhD economists. It’s what has been required to get out of the matrix. These people will sell some of their coins but not all. The supply shock coming combined with extreme demand as the domino effect of broken money is going to leave only one undeniable option for capital preservation. It will create a vortex of cyber energy that the human brain cannot comprehend. #bitcoin #freedom #nostr #hardmoney #asknostr
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ftcb21 9 months ago
Paper BTC is gonna wreck many people like FTX did. Until all these large players give public addresses - I don’t believe fuck all. Stack in your own wallet. #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
Quantum breaking BTC! No. It would required 2400 Shor compliant Logical Qubits with error correction of 10^-12, with all qubits working in perfectly symphony with no decoherence. Also each shor logical qubit should use around 8000 physical qubits for a grand total of 18 million physical qubits. So far we haven't even created 1 such Shor compliant logical Qubit. The best we've done so far is 2 logical qubits using 50-100 physical qubits with an error correction of only 10^-3. Which means we are at least 10 years away from creating a single Shor compliant logical qubit required to break ECDSA. Let alone 2400 working in perfectly symphony. And even if we do, there are many ways to upgrade to quantum resistant addresses. #bitcoin #freedom #nostr #hardmoney #asknostr
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ftcb21 9 months ago
Compared to the global economic order it is trying to disrupt, Bitcoin is incredibly young. The long, deep roots of traditional institutions still largely power the cogs that operate the global financial machine. The developments in this industry are consistently favorable. More players and investors are entering the market. Governments are becoming cooperative. The efforts put into educating the masses are reaching more and more people. Skepticism is declining. Curiosity is rising. Every day, individuals from all walks of life are enrolling in the Bitcoin Revolution, driven by a shared vision of financial freedom and sovereignty. From small-scale savers to visionary entrepreneurs, these pioneers are not just investing in a currency but in a belief—a belief that a fairer, more inclusive economic future is possible. Their stories of resilience and hope fuel the movement, proving that Bitcoin is more than code; it’s a catalyst for change, uniting dreamers who dare to reimagine the world. But bitcoin is still young. Be patient. Enjoy life. Stack sats. #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
Walked into a pub here in SA and this was on the door! 🤣 slowly but surely! #bitcoin #freedom #nostr #hardmoney image
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ftcb21 9 months ago
Africa is absolutely beautiful and incredibly cheap in BTC terms.. #bitcoin #freedom #nostr #hardmoney image
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ftcb21 9 months ago
Every single person in government deserves to be rehired after vigorous investigation of their finances and actions.. if they pass! Cool. If not… straight to ADX super max.. #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
I hate government! #bitcoin #freedom #nostr #hardmoney
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ftcb21 9 months ago
My local exchange has implemented self hosted wallet restrictions… they wanna KYC the wallet now.. well played - no more business! #bitcoin #freedom #nostr #hardmoney