Gold is the same; it requires faith too. For thousands of years, people in China had their faith in silver, storing generational wealth in it. However, when all the other countries adopted the gold standard, the value of silver dropped significantly, leading to the destruction of China’s wealth. Now, #Bitcoin is poised to do the same to gold.

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Peter Schiff (@PeterSchiff) on X

You don't store value by holding #Bitcoin. Unlike #gold, Bitcoin has no actual value to store. Holding Bitcoin is a bet that the price of Bitcoin w...

Who control the majority nodes control #Bitcoin. For a new block, the nodes verify transactions and combine them to create the block. Next, the miners compete to mine the block. So, decentralisation (number of nodes) is crucial for #Bitcoin’s security. Correct me if I am wrong.

Mr Emmer: “Unlike decentralised cryptocurrencies, a central bank digital currency (CBDC) is a digital form of sovereign currency. It is designed and issued by a goverment, and transact on a digital ledger that is controlled by that government. In Short, a CBDC is a government controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict American transactions. It is not just alarming; it is downright un-American.“

Raoul Pal said the liquidity cycle might reverse starting this Q4, and liquidity will surge dramatically in 2024-2026. This is because the US needs to refinance the debt at a low interest rate and high liquidity environment. We might already be at a liquidity inflection point now.

Michael Saylor said he knows many famous, rich, and powerful people who want to participate in #Bitcoin . They like the protocol and the fact of 21 million cap. None suggests changing it. Only those who have no money, no power, no influence suggest that to gain attention. This was from BTC23 Conference Innsbruck.⬇️

ZK proofs will be used in #Bitcoin  . First lite node, next full node. #Bitcoin  is only getting more efficient. ⬇️ Bitcoin Nodes Now One Step Closer to Instant Sync

Bitcoin Magazine

Bitcoin Nodes Now One Step Closer To Instant Sync

Inside ZeroSync: how zero-knowledge proofs are making a massive advance toward instant bitcoin node sync.

Michael Saylor said the government can change the statistical method, tell you that inflation is low, and then print another 10% more dollars.

Why was this transaction fee so high? 19 BTC just for fee? d5392d474b4c436e1c9d1f4ff4be5f5f9bb0eb2e26b61d2781751474b7e870fd

Why did inflation have a roughly 4-year cycle between 1966 and 1982?

Somebody said Machi Bro, a Taiwanese NFT Whale, lost over 10,000 ETH by trading NFTs on Blur.io.

#BTC Today's volume is good, compared to the past two months.

My customer recommended BTCpayserver.org for my online store. It looks great, with open source and no middleman.

For the first time, my customer paid me in #BTC.

Easy~

Making money for stacking #BTC .