HTG⚡️#HODL 🔐's avatar
HTG⚡️#HODL 🔐
htg_hodl@iris.to
npub1gtm8...ga02
| Self-Sovereignty. Stay humble & stack sats. 🍊💊 | #Bitcoin is a Savings—Technology, Honest & Scarcest form of Money. | All prices fall relative to #Bitcoin. Bitcoin class of 2017. 🍀 🟠 |
Bitcoin game theory is insane. Whoever owns the most Bitcoin will probably have that title for decades, if not centuries. The leader that earns this title for their country is going to be remembered forever. For example, if the US owns 1M Bitcoin and never sells, the world will remember the name "Donald Trump" forever. No other country may EVER be able to catch up. If other countries try to catch up, they'll push the price of Bitcoin up and make it harder for themselves and others to buy more. ⚡️⚡️⚡️ - Rajat Soni on X.
Rich people love INFLATION, it inflates the price of their assets. The rich incredibly benefited from this FIAT money printing system. That’s why I study #Bitcoin. ⚡️⚡️⚡️ image
The book is a holistic explanation of Bitcoin, covering its Technology, Economics, Politics, and Philosophy. Bitcoin is often misunderstood because people view it in silos: If you see it solely as a payments technology, you may overlook its political significance as a censorship-resistant, unconfiscatable defense against the authoritarian state. If you focus only on its political significance without understanding the technology and game theory that ensure its indestructibility, you may mistakenly think it will fail since governments can crush it at will. If you obsess over its price and volatility without grasping monetary history and the reasons why fiat money and central banking are broken, you will miss its revolutionary implications for global economics. And even if you cover all of the above, your understanding will still remain incomplete without appreciating its philosophy and ideological foundations: self-sovereignty, privacy and liberty. As with the parable of the blind men and the elephant, you won’t truly "get it" until you see the full picture. "Principles of Bitcoin" aims to cut through the noise, distilling Bitcoin to its first principles to provide this holistic perspective. ⚡️⚡️⚡️ image
Glad to find a meal in Canada from Philippines known as Longsilog, stands for Longganisa hotdog, egg (itlog), with fried rice and side toppings. 😋🔥 image
#Bitcoin is about buying small amounts of BTC consistently for a long period of time and then one day waking up to realize you have freed yourself from the fiat system. image