Jack Less's avatar
Jack Less
jack@bitcoinpark.com
npub1r8nu...lz9r
⚡️ Bitcoin Park Austin 🧘‍♂️ Satflow Yoga
Jack Less's avatar
jackless 11 months ago
🌺🌸🌷🌼 Spring into #Bitcoin Fest is coming! Join the @Austin Bitcoin Club for this full day’s event benefitting ALS Network’s Hal Finney ALS/MND Research fund! Buy tix using the link below 👇 image
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jackless 11 months ago
@jack talked about in a Citadel Dispatch with @ODELL that if Bitcoin is unable to come to fruition as digital cash then the project has "failed". This has raised questions of how to onboard new bitcoiners and focusing on its payments or store of value characteristics. I don't disagree with Jack at all, but think that using Bitcoin's qualities as a way to accelerate its adoption as a Store of Value provides a unique value proposition to help channel more capital into bitcoin that ultimately enables the innovation towards future payments and transfers of bitcoin in everyday purchases. But, if this capital is parked in a "digital rock" as skeptics argue (like the ETF), then it could stifle the innovation of self custody and having a digital cash to grow the circular economy. Or worse, if all bitcoin holdings are in centralized institutions then we haven't democratized the financial system that Bitcoin has enabled across the world. This is a chicken and egg problem of what is the most effective way to Orange Pill new users because both approaches have strengths and drawbacks to the future of bitcoin. For me, I tend to fall on the store of value and savings side of Bitcoin as the first step of taking the Orange Pill. I think getting people off zero for what they are personally accountable to will create a curiosity towards self custody and P2P transactions of using bitcoin. Business owners that begin with using bitcoin as a store of value for their profits can gradually accelerate their digital transformation towards a Bitcoin Standard. It starts with getting off zero and solving their short term problems for a long term solution. #DailyDose #DigitalTransformation
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jackless 11 months ago
🏆 Bitcoin Will Win: 🔒 Security – Bitcoin’s Proof of Work (PoW) mechanism and globally distributed network makes it the most secure digital asset. Unlike traditional financial systems prone to breaches and manipulation, Bitcoin operates on a cryptographic foundation that has never been compromised. In a world of increasing cyber threats, security isn’t optional—it’s essential. 🔗 Interoperability – Bitcoin is the base layer of value on the internet. Bitcoin is becoming more accessible, scalable, and integrated into global financial systems. Bitcoin’s protocol enables seamless transactions and broad adoption across clients and tools. 🌍 Decentralization – No single entity controls Bitcoin. No CEO, no government, no corporation. Its decentralized nature ensures that no one can print more, censor transactions, or alter its fundamental rules. ⚡ Scalability – Bitcoin scales in layers, just like the internet. The base layer ensures security and settlement finality, while Layer 2's like the Lightning Network enable fast, cheap, and scalable transactions. This layered approach ensures Bitcoin’s usability for billions while preserving its trust-minimized core. Bitcoin is no longer competing with other cryptocurrencies—it’s competing with fiat, central banking, and legacy financial systems. These four pillars ensure that Bitcoin is the true transformation and innovation—it’s winning. As businesses continue to look to alternatives to preserve wealth, the answer will continue to trend towards and into bitcoin. Once you are ready to get started with your own bitcoin strategy, let me know. #DailyDose #DigitalTransformation #Bitcoin
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jackless 11 months ago
SAB121 Repealed! Wild to learn that 96% of Americans are banked. But, now that banks can hold #bitcoin it’s important to call out the type of custody they offer to their customers. Self custody is 👑 #artstr #my2sats
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jackless 11 months ago
Not much casual about it ⚡️
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jackless 11 months ago
For normies I’m trying to get off zero. Any notes? #bitcoin #artstr #asknostr
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