Satoshis Nephew's avatar
Satoshis Nephew
satoshisnephew@primal.net
npub1r9rk...twmh
BTC is hope! #endthefed #jailyellenwarrenpowellgensler
Satoshis Nephew's avatar
ftcb21 1 year ago
So wife is pregnant - IVF (sperm donar) - it’s cool for her and she is extremely happy.. but me on the other hand is not happy.. I don’t feel like the kid is mine at all.. anyways else have some perspective? All i have done is swipe the credit card multiple times and financially fucked myself but yeah i can always make the money back but the feeling is terrible and explaining this to her now when she is properly pregnant… help! #asknostr #bitcoin
Satoshis Nephew's avatar
ftcb21 1 year ago
Amazing that you can fit $10 billion USD in this purse! Try with gold? Ohhh wait! #bitcoin image
Satoshis Nephew's avatar
ftcb21 1 year ago
Uncle duties! ♥️ #bitcoin image
Satoshis Nephew's avatar
ftcb21 1 year ago
Same as having 500BTC..time lock the corn and live a normal life! #bitcoin image
Satoshis Nephew's avatar
ftcb21 1 year ago
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public trea-sury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage. #bitcoin #hardmoney
Satoshis Nephew's avatar
ftcb21 1 year ago
What’s one financial slogan you could delete from history - mine is “yield” - utter bullshit.. #asknostr #bitcoin #hardmoney
Satoshis Nephew's avatar
ftcb21 1 year ago
Being a Bitcoiner is waking up every morning thinking: "How can I explain to everyone I love that the entire global monetary system is a parasitic hallucination designed to extract their life energy and that hope exists in a cryptographic number embedded in an orange coin on the internet?" #bitcoin #hardmoney #endthefed
Satoshis Nephew's avatar
ftcb21 1 year ago
Off to here this weekend.. Africa is world class! #bitcoin #africa image
Satoshis Nephew's avatar
ftcb21 1 year ago
What’s worse - holding XRP or being a far left democrat? Think they are both rather silly!! #asknostr #bitcoin
Satoshis Nephew's avatar
ftcb21 1 year ago
Has anyone ever done the data on what percentage of chart boys get remotely close to guessing it right? I suppose the only dude (who used maths - Jim Simmons) got it right most of the time.. but a dude who lives in his basement and rents LAMBOS for photo shoots telling you the head and shoulders has dandruff and you should sell… fuck X is a cesspit! #bitcoin #asknostr
Satoshis Nephew's avatar
ftcb21 1 year ago
Having BTC is lekker but what’s the worst thing ever. Family members fighting over money and not having a relationship and you stuck in the middle - it’s absolutely fucked up.. Until then - life is not ideal. #bitcoin
Satoshis Nephew's avatar
ftcb21 1 year ago
ATTENTION MONEY PRINTER ADDICTS - PLEASE READ TWICE The fact that new coins are produced means the money supply increases by a planned amount, but this does not necessarily result in inflation. If the supply of money increases at the same rate that the number of people using it increases, prices remain stable. If it does not increase as fast as demand, there will be deflation and early holders of money will see its value increase. Coins have to get initially distributed somehow, and a constant rate seems like the best formula. #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork
Satoshis Nephew's avatar
ftcb21 1 year ago
ATTENTION CENTRAL BANKERS - TAKE NOTE ON FAIRNESS By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation, since there is no central authority to issue them. The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended. #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork
Satoshis Nephew's avatar
ftcb21 1 year ago
SOUNDS LIKE GOVERNMENT RIGHT 🙂 The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth. #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork
Satoshis Nephew's avatar
ftcb21 1 year ago
ATTENTION PIZZA LADY Eventually at most only 21 million coins for 6.8 billion people in the world if it really gets huge. But don't worry, there are another 6 decimal places that aren't shown, for a total of 8 decimal places internally. It shows 1.00 but internally it's 1.00000000. If there's massive deflation in the future, the software could show more decimal places.. #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork
Satoshis Nephew's avatar
ftcb21 1 year ago
SATOSHI = GENIUS!! The steps to run the network are as follows: 1. New transactions are broadcast to all nodes. 2. Each node collects new transactions into a block. 3. Each node works on finding a difficult proof-of-work for its block. 4. When a node finds a proof-of-work, it broadcasts the block to all nodes. 5. Nodes accept the block only if all transactions in it are valid and not already spent. 6. Nodes express their acceptance of the block by working on creating the next block in the chain, using the hash of the accepted block as the previous hash. #bitcoin
Satoshis Nephew's avatar
ftcb21 1 year ago
A block header with no transactions would be about 80 bytes. If we suppose blocks are generated every 10 minutes, 80 bytes * 6 * 24 * 365 = 4.2MB per year. With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory. BTC>BCH - Ver is crying! #bitcoin
Satoshis Nephew's avatar
ftcb21 1 year ago
Although it would be possible to handle coins individually, it would be unwieldy to make a separate transaction for every cent in a transfer. To allow value to be split and combined, transactions contain multiple inputs and outputs. Normally there will be either a single input from a larger previous transaction or multiple inputs combining smaller amounts, and at most two outputs: one for the payment, and one returning the change, if any, back to the sender. #bitcoin #perfectdesign #scarcity
Satoshis Nephew's avatar
ftcb21 1 year ago
We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power. #satoshi #bitcoin #hardmoney
Satoshis Nephew's avatar
ftcb21 1 year ago
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. #lightning #bitcoin #satoshi