๐๐ฟ๐ฒ ๐๐ผ๐ ๐ฎ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ ๐ฎ๐
๐ถ๐บ๐ฎ๐น๐ถ๐๐?
No one is born a #Bitcoin maximalist. Maximalism emerges from years of studying Bitcoin, mediating on its implications for the world, and often from humbly accepting oneโs past mistakes as a shitcoiner.
The Maximalist card from @Based Trading Cards exemplifies this reality in beautiful artwork and an eye-catching foil gleam. Its image seems to say, โ๐๐ข๐บ ๐ฏ๐ฐ ๐ฉ๐ฆ๐ฆ๐ฅ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ฏ๐ฐ๐ช๐ด๐ฆ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐ฑ๐ณ๐ช๐ค๐ฆ; ๐ต๐ฉ๐ฆ ๐ด๐ช๐จ๐ฏ๐ข๐ญ ๐ช๐ด ๐ต๐ฉ๐ข๐ต ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐ด๐ช๐ฎ๐ฑ๐ญ๐บ ๐๐จ, ๐ข๐ฏ๐ฅ ๐ต๐ฉ๐ข๐ต ๐ช๐ด ๐ฆ๐ฏ๐ฐ๐ถ๐จ๐ฉ.โ ๐
๐๐ฉ๐ฆ๐ณ๐ฆ ๐ธ๐ช๐ญ๐ญ ๐ฏ๐ฆ๐ท๐ฆ๐ณ ๐ฃ๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ 21 ๐๐ข๐น๐ช๐ฎ๐ข๐ญ๐ช๐ด๐ต ๐ค๐ข๐ณ๐ฅ๐ด, and ๐ด ๐ต๐ฎ๐๐ฒ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ฏ๐ฒ๐ฒ๐ป ๐ฏ๐ผ๐๐ด๐ต๐. Claim yours through our @Geyser page while you can!
๐๐ฉ๐ฆ๐ณ๐ฆ ๐ธ๐ช๐ญ๐ญ ๐ฏ๐ฆ๐ท๐ฆ๐ณ ๐ฃ๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ 21 ๐๐ข๐น๐ช๐ฎ๐ข๐ญ๐ช๐ด๐ต ๐ค๐ข๐ณ๐ฅ๐ด, and ๐ด ๐ต๐ฎ๐๐ฒ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ฏ๐ฒ๐ฒ๐ป ๐ฏ๐ผ๐๐ด๐ต๐. Claim yours through our @Geyser page while you can!
Geyser | Bitcoin Crowdfunding Platform
A Bitcoin crowdfunding platform where creators raise funds for causes, sell products, manage campaigns, and engage with their community.
๐๐น๐ฒ๐ธ๐๐ฎ๐ป๐ฑ๐ฎ๐ฟ ๐ฆ๐๐ฒ๐๐๐ธ๐ถโ๐ ๐ฎ๐ป๐๐๐ฒ๐ฟ:
Bitcoin is important because having functional money is the basis for a functional and scalable society. Human beings either compete, cooperate or coerce in their bid to make progress. The former are best done through trade, and minimize the need for coercion.
Trade requires a means for storing value, measuring it and exchanging it. This means, or technology, is called โMoney.โ Finally, the better and less manipulable the money, the greater its usefulness, and the more mature, functional and less coercive the society.
Bitcoin is important because it is the best possible money. It is incorruptible, scalable and fixed in supply. Such high quality money establishes a framework for economic excellence and accountability in society. It both incentivizes economic progress and productivity, while โlocalizingโ economic consequence. In other words, not only is good behavior economically rewarded and bad behavior economically penalized, but the actors themselves are more affected.
This means good things get better, bad things are quickly discarded, and eliminated and the necessary feedback process for improvement and adaptation is faster.
Itโs hard to stress how important having a functional money is, for the world. The quality of world we build together will be night and day from what we have today. You can think of the current state as a bunch of blind men trying to build a house with an elastic tape measure. And somehow, itโs holding together. A testament to human will. But add Bitcoin to the mix, and make it the standard. Well, thatโs like a group of sighted men, building a house with a fixed and functional tape measure.
The difference in the quality of house that each group would build, is the same as the kind of difference a society will have between operating on the fiat standard, versus doing so on a Bitcoin, sound, fixed money standard.
Aleksandar Svetski is an author and entrepreneur, with 15 years in the startup scene. He is the author of the best-selling โ๐๐ฏ๐๐ฐ๐ฎ๐ฎ๐ถ๐ฏ๐ช๐ด๐ต ๐๐ข๐ฏ๐ช๐ง๐ฆ๐ด๐ต๐ฐโ and โ๐๐ฉ๐ฆ ๐๐ถ๐ด๐ฉ๐ช๐ฅ๐ฐ ๐ฐ๐ง ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏโ. He also founded the worldโs first Bitcoin-only savings app: Amber. Currently, Aleksandar is building open source AI tools, focusing on the Spirit of Satoshi โ the worldโs first Bitcoin-centric Language model, and Satlantis.
Preorder your copy of โ๐ฎ๐ญ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐โ by contributing to our Geyser initiative:
Each chapter begins with one of the most pertinent questions about Bitcoin, and is answered by some of the best and brightest Bitcoin plebs, including
Over a long enough time scale, ๐๐ถ๐บ๐ฒ ๐๐ฃ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐น๐๐ฎ๐๐ ๐ฏ๐ฒ๐ฎ๐๐ ๐๐ถ๐บ๐๐ฃ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐. The mantra โ๐๐ต๐ข๐บ ๐ฉ๐ถ๐ฎ๐ฃ๐ญ๐ฆ, ๐ด๐ต๐ข๐ค๐ฌ ๐ด๐ข๐ต๐ดโ is truly a wise counsel, and once you follow it, itโs vital that you secure your bitcoin in cold storage.
While Bitcoin is a great way to store your time and labor where it wonโt get debased, to transfer money that canโt be censored, and to separate money from state, Bitcoin has another purpose: teaching you ๐น๐ผ๐ ๐๐ถ๐บ๐ฒ ๐ฝ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ. ๐๐ง ๐บ๐ฐ๐ถ ๐ค๐ข๐ฏโ๐ต ๐ฅ๐ฆ๐ญ๐ข๐บ ๐จ๐ณ๐ข๐ต๐ช๐ง๐ช๐ค๐ข๐ต๐ช๐ฐ๐ฏ ๐ฆ๐ฏ๐ฐ๐ถ๐จ๐ฉ ๐ต๐ฐ ๐ฌ๐ฆ๐ฆ๐ฑ ๐ฃ๐ถ๐ช๐ญ๐ฅ๐ช๐ฏ๐จ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ, ๐ต๐ฉ๐ฆ๐ฏ ๐บ๐ฐ๐ถ ๐ธ๐ฐ๐ฏโ๐ต ๐ฃ๐ฆ ๐ข๐ฃ๐ญ๐ฆ ๐ต๐ฐ ๐ฉ๐ฐ๐ฅ๐ญ ๐บ๐ฐ๐ถ๐ณ ๐ด๐ข๐ต๐ด ๐ง๐ฐ๐ณ ๐ญ๐ฐ๐ฏ๐จ.
Thereโs no point in looking back and longing for what might have been. ๐ช๐ต๐ฎ๐ ๐ถ๐ ๐ฑ๐ผ๐ป๐ฒ ๐ถ๐ ๐ฑ๐ผ๐ป๐ฒ, and the market price is all noise, anyway. Instead, focus on the signal: Bitcoinโs inexorable march toward becoming the bedrock of a new era for humanity.
Ultimately, this pump was small compared to what we will likely see soon, and will continue to diminish in relevance as time goes on and Bitcoin adoption grows, so it isn't a big deal. Later, when Bitcoin's price is $1M and higher, ๐บ๐ฐ๐ถ ๐ธ๐ฐ๐ฏ'๐ต ๐ค๐ข๐ณ๐ฆ ๐ธ๐ฉ๐ฆ๐ต๐ฉ๐ฆ๐ณ ๐บ๐ฐ๐ถ ๐จ๐ฐ๐ต ๐ช๐ฏ ๐ข๐ต $50๐ ๐ฐ๐ณ $57๐; ๐บ๐ฐ๐ถ ๐ธ๐ช๐ญ๐ญ ๐ฐ๐ฏ๐ญ๐บ ๐ค๐ข๐ณ๐ฆ ๐ต๐ฉ๐ข๐ต ๐บ๐ฐ๐ถ ๐จ๐ฐ๐ต ๐ช๐ฏ ๐ข๐ต ๐ข๐ญ๐ญ.
So, to those lamenting missed opportunities: welcome to the party. Itโs only going to get more wild from here.
Now forget your regret, and ๐๐๐ฎ๐ฟ๐ ๐๐๐ฎ๐ฐ๐ธ๐ถ๐ป๐ด!
Help those who feel like they missed out on this recent price rise by ๐๐ถ๐ธ๐ฒ๐ถ๐ป๐ด๐ค, ๐ฆ๐ต๐ฎ๐ฟ๐ถ๐ป๐ด๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ถ๐ป๐ด๐ this.
Have any other advice for those who could have bought in sooner but didnโt?
Share it in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
๐ก๐ฎ๐๐ฎ๐น๐ถ๐ฒ ๐๐ฟ๐๐ป๐ฒ๐น๐นโ๐ ๐ฎ๐ป๐๐๐ฒ๐ฟ:
Bitcoin is a global opportunity to decouple money from the influence of powerful institutions and create a system governed by rules rather than rulers. It challenges existing power structures much in the same way the printing press challenged the monopoly of the Church in the 1500s. Bitcoin creates a framework to rebuild all human economic activity on a more solid foundation that is resistant to corruption and manipulation.
๐๐ป๐ฑ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ โ๐๐ผ๐ป๐๐ฟ๐ถ๐ฏ๐๐๐ผ๐ฟ๐โ ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ต๐ฒ ๐ฏ๐ผ๐ผ๐ธ:
Natalie Brunell is a podcast host, media commentator and international Bitcoin educator. Her popular show, Coin Stories, is the number 1 rated woman-led show focused on the intersection of Bitcoin and global economics. Natalie is also an award-winning TV journalist and former adjunct professor.
Preorder your copy of โ๐ฎ๐ญ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐โ by contributing to our
These were designed by ๐๐ผ๐ฟ๐น๐ฑ-๐ฐ๐น๐ฎ๐๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ฟ๐๐ถ๐๐๐ at
While Ethereum isn't an obvious scam in the traditional sense, it does have many disreputable characteristics that have led many to accuse it of being a scam, and avoid it.
The first reason for this is Ethereum's premine at its genesis, in which approximately 70% of what was then planned to be the total supply was given to the developers and initial insiders on the project.
Contrast this with Bitcoin's genesis, in which Satoshi Nakamoto did the same work that anyone else would have to do, in order to find a block and earn new bitcoin. He even embedded that morning's newspaper headline, "Chancellor on brink of second bailout for banks", as proof that the first block had not been mined previously.
Ethereum's monetary policy, including its total supply and issuance schedule, changes frequently. It has no supply cap, and more coins have continued to be issued beyond its original promised limit of 100 million. This contrasts sharply with Bitcoin's predictable and unchanged monetary policy of halvings every 210,000 blocks, leading to a total supply of just under 21 million.
While Ethereum claims to be decentralized, experience has shown it to actually be very centralized, like the banking system. For example, in 2016, a vulnerability in its code was exploited, leading to 3.6 million Ether being stolen, which was worth about $50 million at the time. To fix the exploit, Ethereum's central authorities rolled back the blockchain to undo the theft, and all legitimate transactions that had taken place since along with it.
Then, in 2022, Ethereum merged from being a Proof of Work (PoW) system, in which new coins are issued and transaction fees are taken based on real-world work, to Proof of Stake (PoS), in which new coins are issued and transaction fees are taken based on the amount of coins one has staked as collateral in order to validate blocks. PoS is an unavoidably centralizing force, leading many to conclude that Ethereum is a scam.
Ethereum's premine, ever-changing monetary policy, unlimited supply, false claims to decentralization, and switch from PoW to PoS make it apparent that Ethereum exists to move money from the hands of the poor, and into the hands of the wealthy. This is further demonstrated by the myriad of DeFi projects built on top of Ethereum, which are known to enrich insiders at the expense of new entrants.
In conclusion, the truth of whether or not Ethereum is a scam largely rests on the intentions of Vitalik Buterin and his associates, which is beyond my ability to determine. However, its history, policies, lack of hard-capped supply, centralized control, Proof of Stake algorithm, and platform for thousands of morally-questionable projects have caused many newcomers to lose their money to those in charge of Ethereum and the projects built on it. As this differs drastically from Bitcoin's history of verifiability, predictability, immutability, decentralization, and Proof of Work, many see Ethereum as a scam, and choose to use #Bitcoin instead.

While some label Bitcoin as speculative, true speculation within Bitcoin is confined to its ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ, ๐ต๐ฎ๐๐ต๐ฟ๐ฎ๐๐ฒ, and ๐๐ต๐ฒ ๐ต๐ฎ๐๐ต ๐ผ๐ณ ๐๐ต๐ฒ ๐ป๐ฒ๐
๐ ๐ฏ๐น๐ผ๐ฐ๐ธ. These elements are inherently uncertain due to their dependency on external factors such as market sentiment and mining activity.
The Bitcoin protocol itself is ๐ฎ ๐ฏ๐ฒ๐ฑ๐ฟ๐ผ๐ฐ๐ธ ๐ผ๐ณ ๐ฐ๐ฒ๐ฟ๐๐ฎ๐ถ๐ป๐๐, underpinned by basic mathematic principles. It ensures reliability and security, dictating how transactions are processed and blocks are added to the timechain, with ๐ฏ๐ฐ ๐ณ๐ฐ๐ฐ๐ฎ ๐ง๐ฐ๐ณ ๐ข๐ฎ๐ฃ๐ช๐จ๐ถ๐ช๐ต๐บ ๐ฐ๐ณ ๐ค๐ฉ๐ข๐ฏ๐จ๐ฆ ๐ธ๐ช๐ต๐ฉ๐ฐ๐ถ๐ต ๐ค๐ฐ๐ฏ๐ด๐ฆ๐ฏ๐ด๐ถ๐ด.
๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐ผ๐ฝ๐ฒ๐ป-๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ป๐ฎ๐๐๐ฟ๐ฒ ๐ถ๐ ๐ฐ๐ฒ๐ฟ๐๐ฎ๐ถ๐ป, and ensures its code is publicly auditable and transparent. Changes require consensus, which aligns its evolution with each userโs interests. This immutable characteristic is foundational to Bitcoin's trust and integrity.
Block production is remarkably consistent, with a new block found roughly every ten minutes. This cadence, governed by the protocol's predictable difficulty adjustment, ๐ฆ๐ฏ๐ด๐ถ๐ณ๐ฆ๐ด ๐ฏ๐ฆ๐ต๐ธ๐ฐ๐ณ๐ฌ ๐ด๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ข๐ฏ๐ฅ ๐ฑ๐ณ๐ฆ๐ฅ๐ช๐ค๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ, irrespective of the mining power applied.
The halving schedule, cutting the block subsidy in half approximately every four years, is hardcoded into Bitcoin. This ensures a ๐ฑ๐ณ๐ฆ๐ฅ๐ช๐ค๐ต๐ข๐ฃ๐ญ๐ฆ decrease in new supply, leading to a total of just under 21 million bitcoin.
This ๐๐๐จ๐ค๐ก๐ช๐ฉ๐ ๐ก๐๐ข๐๐ฉ of bitcoin is a verifiable certainty that underpins its value proposition as a disinflationary asset. Unlike government fiat currencies and even the rest of the crypto market, ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐๐๐ฝ๐ฝ๐น๐ ๐ฐ๐ฎ๐ป๐ป๐ผ๐ ๐ฏ๐ฒ ๐ถ๐ป๐ณ๐น๐ฎ๐๐ฒ๐ฑ ๐ฎ๐ ๐๐ต๐ฒ ๐๐ต๐ถ๐บ ๐ผ๐ณ ๐ฎ ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น ๐ฎ๐๐๐ต๐ผ๐ฟ๐ถ๐๐, thus preserving its purchasing power over time.
Bitcoin's decentralization is also not a matter of speculation, ๐ข๐ด ๐ช๐ต ๐ฉ๐ข๐ด ๐ฃ๐ฆ๐ฆ๐ฏ ๐ต๐ฆ๐ด๐ต๐ฆ๐ฅ ๐ข๐ฏ๐ฅ ๐ต๐ณ๐ช๐ฆ๐ฅ ๐ฐ๐ฏ ๐ฎ๐ถ๐ญ๐ต๐ช๐ฑ๐ญ๐ฆ ๐ฐ๐ค๐ค๐ข๐ด๐ช๐ฐ๐ฏ๐ด. Its distributed ledger and consensus mechanisms prevent any single entity from controlling the network, thus making it resistant to censorship and manipulation.
Censorship resistance is a ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ณ๐ฆ๐ข๐ญ๐ช๐ต๐บ in Bitcoin. Its peer-to-peer architecture allows transactions to occur without the need for intermediary approval, safeguarding freedom of payment across the globe.
Bitcoin's unconfiscatability is certain, and stems from its cryptographic security. ๐ข๐ป๐น๐ ๐๐ต๐ผ๐๐ฒ ๐ถ๐ป ๐ฝ๐ผ๐๐๐ฒ๐๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฝ๐ฟ๐ถ๐๐ฎ๐๐ฒ ๐ธ๐ฒ๐๐ ๐ฐ๐ฎ๐ป ๐ฐ๐ผ๐ป๐๐ฟ๐ผ๐น ๐๐ต๐ฒ๐ถ๐ฟ ๐ฏ๐ถ๐๐ฐ๐ผ๐ถ๐ป, making it immune to seizure by authorities or third parties.
Each of these aspects of Bitcoin is dictated by ๐ถ๐ฏ๐ค๐ฉ๐ข๐ฏ๐จ๐ฆ๐ข๐ฃ๐ญ๐ฆ ๐ค๐ฐ๐ฅ๐ฆ ๐ข๐ฏ๐ฅ ๐ค๐ฐ๐ฏ๐ด๐ฆ๐ฏ๐ด๐ถ๐ด ๐ณ๐ถ๐ญ๐ฆ๐ด, and are not a matter of speculation. They form the foundation of Bitcoin's value proposition as a decentralized, secure, and predictable digital currency, and ๐ฎ๐ฟ๐ฒ ๐๐ฒ๐ฟ๐ถ๐ณ๐ถ๐ฎ๐ฏ๐น๐ฒ ๐ฏ๐ ๐ฎ๐ป๐๐ผ๐ป๐ฒ ๐๐ต๐ผ ๐ฐ๐ต๐ผ๐ผ๐๐ฒ๐ ๐๐ผ ๐น๐ผ๐ผ๐ธ ๐ฐ๐น๐ผ๐๐ฒ๐น๐ ๐ฒ๐ป๐ผ๐๐ด๐ต.
๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ with anyone who thinks that Bitcoin is merely a speculative asset, give it a ๐๐ถ๐ธ๐ฒ๐ค, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ it for later.
How else is Bitcoin ๐ฏ๐ฐ๐ต speculative?
Let me know in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
Double-entry accounting records transactions in ๐๐๐ผ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐๐, ensuring they're balanced with matching debits and credits. However, its effectiveness relies on intermediaries, and wanes with more complex transactions.
Triple-entry accounting adds a ๐ต๐ฉ๐ช๐ณ๐ฅ record, enhancing security and ensuring transactions are tamper-proof by introducing ๐ฎ ๐บ๐๐๐๐ฎ๐น๐น๐ ๐๐ฒ๐ฟ๐ถ๐ณ๐ถ๐ฒ๐ฑ ๐น๐ฒ๐ฑ๐ด๐ฒ๐ฟ.
This ledger, maintained across a network, ๐ณ๐ฆ๐ฅ๐ถ๐ค๐ฆ๐ด ๐ฅ๐ฆ๐ฑ๐ฆ๐ฏ๐ฅ๐ฆ๐ฏ๐ค๐บ ๐ฐ๐ฏ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฎ๐ฆ๐ฅ๐ช๐ข๐ณ๐ช๐ฆ๐ด by offering a decentralized record of financial activities, bolstering robustness against manipulation.
In Bitcoin's framework, triple-entry accounting secures transactions on the timechain, which ๐ฒ๐น๐ถ๐บ๐ถ๐ป๐ฎ๐๐ฒ๐ ๐๐ต๐ฒ ๐ป๐ฒ๐ฒ๐ฑ ๐ณ๐ผ๐ฟ ๐๐ฟ๐๐๐๐ฒ๐ฑ ๐ฝ๐ฎ๐ฟ๐๐ถ๐ฒ๐ and ๐ณ๐ผ๐๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐๐ถ๐๐ถ๐๐.
In essence, triple-entry accounting diminishes intermediary reliance, and heightens system security. Its decentralized and transparent financial record make it ๐ฐ๐น๐ฒ๐ฎ๐ฟ๐น๐ ๐๐๐ฝ๐ฒ๐ฟ๐ถ๐ผ๐ฟ ๐๐ผ ๐๐ต๐ฒ ๐ณ๐ถ๐ฎ๐ ๐ฏ๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐๐๐๐๐ฒ๐บโ๐ ๐ฑ๐ผ๐๐ฏ๐น๐ฒ-๐ฒ๐ป๐๐ฟ๐ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด.
Remember to ๐๐ถ๐ธ๐ฒ๐ค, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this for later!
Bitcoin's evolution showcases ๐๐๐๐๐ฎ๐ถ๐ป๐ฒ๐ฑ ๐ด๐ฟ๐ผ๐๐๐ต in adoption and price, distinct from the short-lived 17th-century tulip mania. Its rise mirrors that of leading tech firms, driven by ๐ข ๐จ๐ณ๐ฐ๐ธ๐ช๐ฏ๐จ ๐ถ๐ด๐ฆ๐ณ ๐ฃ๐ข๐ด๐ฆ and ๐ช๐ฏ๐ค๐ณ๐ฆ๐ข๐ด๐ช๐ฏ๐จ ๐ข๐ค๐ค๐ฆ๐ฑ๐ต๐ข๐ฏ๐ค๐ฆ among merchants and institutions, positioning it as a significant digital currency.
Bitcoin's finite supply of 21 million coins, designed to prevent debasement via inflation, alongside its decentralized, secure, and transparent nature, ๐๐ผ๐น๐ถ๐ฑ๐ถ๐ณ๐ถ๐ฒ๐ ๐ถ๐๐ ๐๐๐ฎ๐๐๐ ๐ฎ๐ ๐ฎ ๐๐ป๐ถ๐พ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ถ๐ป๐๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐๐๐ฒ๐. Its Proof of Work ensures secure, immutable transaction records, operating on a peer-to-peer network that eliminates intermediaries.
Critics often overlook the source of Bitcoin's value: the human desire for their time and labor to be represented in a scarce, divisible, portable, and fungible asset. Bitcoin's digital and decentralized attributes enhance these characteristics, ๐ง๐ถ๐ณ๐ต๐ฉ๐ฆ๐ณ ๐ด๐ฐ๐ญ๐ช๐ฅ๐ช๐ง๐บ๐ช๐ฏ๐จ ๐ฃ๐ช๐ต๐ค๐ฐ๐ช๐ฏโ๐ด ๐ฑ๐ญ๐ข๐ค๐ฆ ๐ข๐ด ๐ต๐ฉ๐ฆ ๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ.
Bitcoin serves as ๐ฎ ๐ต๐ฒ๐ฑ๐ด๐ฒ ๐ฎ๐ด๐ฎ๐ถ๐ป๐๐ ๐๐ต๐ฒ ๐๐๐น๐ป๐ฒ๐ฟ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ถ๐ฒ๐ ๐ผ๐ณ ๐๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐๐๐๐ฒ๐บ๐, offering a diversification tool against inflation, currency devaluation, and geopolitical risks. Its independence from conventional financial mechanisms renders it an appealing choice for safeguarding wealth.
In short: Unlike the Tulip Bubble of the 17th century, Bitcoin's ongoing development and inherent qualities firmly establish it as much more than a speculative asset. Its properties and role as a financial system hedge underscore its ๐ถ๐ฟ๐ฟ๐ฒ๐ฝ๐น๐ฎ๐ฐ๐ฒ๐ฎ๐ฏ๐น๐ฒ ๐๐ฎ๐น๐๐ฒ and ๐ฝ๐ฒ๐ฟ๐บ๐ฎ๐ป๐ฒ๐ป๐ฐ๐ฒ in the global economy.
Market cap, or ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต ๐ค๐ข๐ฑ๐ช๐ต๐ข๐ญ๐ช๐ป๐ข๐ต๐ช๐ฐ๐ฏ, refers to the total value of all the bitcoin that have been mined or issued. It's calculated by multiplying the ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ of a single coin (currently about $51.5K) by the ๐๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ฝ๐น๐ of coins in circulation (currently about 19.6M).
For Bitcoin, market cap underscores its dominance and security as the leading cryptocurrency. A higher market cap not only reflects ๐ด๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฟ ๐๐ฎ๐น๐๐ฒ ๐ฎ๐ป๐ฑ ๐น๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐, but also implies ๐๐๐ฟ๐ผ๐ป๐ด๐ฒ๐ฟ ๐ป๐ฒ๐๐๐ผ๐ฟ๐ธ ๐๐ฒ๐ฐ๐๐ฟ๐ถ๐๐, making it more resistant to attacks and more trusted by users and investors.
However, while market cap is a useful indicator of market position, ๐ช๐ต ๐ฅ๐ฐ๐ฆ๐ด๐ฏ'๐ต ๐ค๐ข๐ฑ๐ต๐ถ๐ณ๐ฆ ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ญ๐ญ ๐ฆ๐ด๐ด๐ฆ๐ฏ๐ค๐ฆ ๐ฐ๐ง ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ'๐ด ๐ท๐ข๐ญ๐ถ๐ฆ ๐ฑ๐ณ๐ฐ๐ฑ๐ฐ๐ด๐ช๐ต๐ช๐ฐ๐ฏ. Bitcoin's decentralized nature, limited supply, unconfiscatability, and censorship resistance are intrinsic qualities that transcend its market cap.
Since itโs Valentineโs Day, give this a ๐๐ถ๐ธ๐ฒ๐ค, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ it for later.
And let me know your thoughts on Bitcoinโs market cap in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
Stay tuned for more news about these trading cards, and how you can add them to your collection!

๐ฅ๐ฒ๐ฐ๐ผ๐ด๐ป๐ถ๐๐ฒ ๐๐ต๐ฎ๐ ๐ฌ๐ผ๐'๐ฟ๐ฒ ๐ก๐ผ๐ ๐๐ป๐ณ๐ฎ๐น๐น๐ถ๐ฏ๐น๐ฒ
No one has a monopoly on knowledge, and it's essential to acknowledge that you can still learn and grow. Even if you've been right about Bitcoin, ๐ต๐ฉ๐ฆ๐ณ๐ฆ'๐ด ๐ข๐ญ๐ธ๐ข๐บ๐ด ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฐ ๐ฅ๐ช๐ด๐ค๐ฐ๐ท๐ฆ๐ณ ๐ข๐ฏ๐ฅ ๐ถ๐ฏ๐ฅ๐ฆ๐ณ๐ด๐ต๐ข๐ฏ๐ฅ.
๐๐๐ผ๐ถ๐ฑ ๐๐ฒ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐ข๐๐ฒ๐ฟ๐น๐ ๐ฆ๐ฒ๐น๐ณ-๐๐๐๐๐ฟ๐ฒ๐ฑ
It's easy to become overconfident when others praise your foresight, but it's important to remember that ๐บ๐ฐ๐ถ๐ณ ๐ด๐ถ๐ค๐ค๐ฆ๐ด๐ด ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ด๐ฐ๐ญ๐ฆ๐ญ๐บ ๐ฅ๐ถ๐ฆ ๐ต๐ฐ ๐บ๐ฐ๐ถ๐ณ ๐ฐ๐ธ๐ฏ ๐ข๐ฃ๐ช๐ญ๐ช๐ต๐ช๐ฆ๐ด. Be grateful for the support and encouragement you've received from others.
๐๐ผ๐ฐ๐๐ ๐ผ๐ป ๐๐ต๐ฒ ๐๐ถ๐ด๐ด๐ฒ๐ฟ ๐ฃ๐ถ๐ฐ๐๐๐ฟ๐ฒ
Instead of basking in personal glory, redirect your attention to the broader impact of Bitcoin on society. Remember that your success is not just about personal recognition but about ๐ต๐ฉ๐ฆ ๐ฑ๐ฐ๐ด๐ช๐ต๐ช๐ท๐ฆ ๐ค๐ฉ๐ข๐ฏ๐จ๐ฆ ๐ต๐ฉ๐ข๐ต ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐ค๐ข๐ฏ ๐ฃ๐ณ๐ช๐ฏ๐จ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ธ๐ฐ๐ณ๐ญ๐ฅ.
๐ฆ๐๐ฎ๐ ๐๐ฟ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ
Keep your feet firmly planted on the ground and avoid getting carried away by praise or fame. Remember that ๐ต๐ณ๐ถ๐ฆ ๐ด๐ถ๐ค๐ค๐ฆ๐ด๐ด ๐ช๐ด ๐ฃ๐ค๐ฉ ๐ฎ๐ฆ๐ข๐ด๐ถ๐ณ๐ฆ๐ฅ ๐ฃ๐บ ๐ฆ๐น๐ต๐ฆ๐ณ๐ฏ๐ข๐ญ ๐ท๐ข๐ญ๐ช๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ, but by the positive difference you make in the lives of others.
๐ฆ๐ฒ๐ฒ๐ธ ๐๐ถ๐๐ฒ๐ฟ๐๐ฒ ๐ฃ๐ฒ๐ฟ๐๐ฝ๐ฒ๐ฐ๐๐ถ๐๐ฒ๐
Surround yourself with people who have ๐ฅ๐ช๐ง๐ง๐ฆ๐ณ๐ฆ๐ฏ๐ต ๐ท๐ช๐ฆ๐ธ๐ฑ๐ฐ๐ช๐ฏ๐ต๐ด ๐ข๐ฏ๐ฅ ๐ฆ๐น๐ฑ๐ฆ๐ณ๐ช๐ฆ๐ฏ๐ค๐ฆ๐ด. This will help you stay open-minded and avoid becoming too narrow-focused on your own beliefs.
๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐๐ฟ๐ฎ๐๐ถ๐๐๐ฑ๐ฒ
Be thankful for the opportunities you've had, the lessons youโve learned, and the people who have brought you to this point. ๐๐ณ๐ข๐ต๐ช๐ต๐ถ๐ฅ๐ฆ ๐ฌ๐ฆ๐ฆ๐ฑ๐ด ๐บ๐ฐ๐ถ ๐ฉ๐ถ๐ฎ๐ฃ๐ญ๐ฆ ๐ข๐ฏ๐ฅ ๐ข๐ฑ๐ฑ๐ณ๐ฆ๐ค๐ช๐ข๐ต๐ช๐ท๐ฆ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐ฃ๐ญ๐ฆ๐ด๐ด๐ช๐ฏ๐จ๐ด ๐ช๐ฏ ๐บ๐ฐ๐ถ๐ณ ๐ญ๐ช๐ง๐ฆ.
๐๐บ๐ฏ๐ฟ๐ฎ๐ฐ๐ฒ ๐๐ฟ๐ถ๐๐ถ๐ฐ๐ถ๐๐บ
Don't take criticism personally. Instead, ๐ถ๐ด๐ฆ ๐ช๐ต ๐ข๐ด ๐ข๐ฏ ๐ฐ๐ฑ๐ฑ๐ฐ๐ณ๐ต๐ถ๐ฏ๐ช๐ต๐บ ๐ต๐ฐ ๐ญ๐ฆ๐ข๐ณ๐ฏ ๐ข๐ฏ๐ฅ ๐จ๐ณ๐ฐ๐ธ. Remember that criticism can help you refine your ideas and make them better.
๐๐ผ๐ฐ๐๐ ๐ผ๐ป ๐๐ต๐ฒ ๐ช๐ผ๐ฟ๐ธ ๐๐ต๐ฒ๐ฎ๐ฑ
Instead of dwelling on past successes, ๐ง๐ฐ๐ค๐ถ๐ด ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐ธ๐ฐ๐ณ๐ฌ ๐ต๐ฉ๐ข๐ต ๐ด๐ต๐ช๐ญ๐ญ ๐ฏ๐ฆ๐ฆ๐ฅ๐ด ๐ต๐ฐ ๐ฃ๐ฆ ๐ฅ๐ฐ๐ฏ๐ฆ. There's always more to learn, explore, and accomplish in the realm of Bitcoin.
By following these tips, you can cultivate humility, which will serve you well in your journey with Bitcoin. Remember: ๐๐ฟ๐๐ฒ ๐๐๐ฐ๐ฐ๐ฒ๐๐ ๐ถ๐ ๐ป๐ผ๐ ๐ฎ๐ฏ๐ผ๐๐ ๐ฝ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ด๐น๐ผ๐ฟ๐, ๐ฏ๐๐ ๐ฎ๐ฏ๐ผ๐๐ ๐ข๐๐ ๐๐ฃ๐ ๐ ๐ฅ๐ค๐จ๐๐ฉ๐๐ซ๐ ๐๐ข๐ฅ๐๐๐ฉ ๐ค๐ฃ ๐ฉ๐๐ ๐ฌ๐ค๐ง๐ก๐.
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Bitcoin was both proposed and born in the year of the ๐๐ฎ๐ฟ๐๐ต ๐ฅ๐ฎ๐, which embodies the Rat's ๐ค๐ญ๐ฆ๐ท๐ฆ๐ณ๐ฏ๐ฆ๐ด๐ด and ๐ข๐ฅ๐ข๐ฑ๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ, and the Earthโs ๐ด๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ and ๐ณ๐ฆ๐ญ๐ช๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ. Bitcoin perfectly demonstrates the Earth Rat's characteristics of innovation, practical application, and the foresight to solve the problem of trust in the digital age.
Bitcoin's origins in the Earth Rat year emphasizes its quiet strength and potential for growth. ๐๐๐ฒ๐ป ๐๐ต๐ฒ ๐ป๐ฎ๐บ๐ฒ ๐ผ๐ณ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ปโ๐ ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ผ๐ฟ, ๐ฆ๐ฎ๐๐ผ๐๐ต๐ถ ๐ก๐ฎ๐ธ๐ฎ๐บ๐ผ๐๐ผ, ๐ฒ๐๐๐ฒ๐ป๐๐ถ๐ฎ๐น๐น๐ ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ๐ ๐๐ต๐ฒ ๐๐ฎ๐ฟ๐๐ต ๐ฅ๐ฎ๐ ๐ฐ๐ผ๐ป๐ฐ๐ฒ๐ฝ๐: โSatoshiโ can be translated to mean โ๐ธ๐ช๐ด๐ฅ๐ฐ๐ฎโ or โ๐ฌ๐ฏ๐ฐ๐ธ๐ญ๐ฆ๐ฅ๐จ๐ฆโ, which are both qualities of the Rat. โNakamotoโ can be translated to mean โ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏโ or "๐ด๐ฐ๐ถ๐ณ๐ค๐ฆ", which both describe the groundedness of the Earth element. ๐๐
Truly, Bitcoin is characterized by the qualities that those born in the year of the Earth Rat are said to have! ๐คฏ
Tomorrow, however, begins the year of the ๐ช๐ผ๐ผ๐ฑ ๐๐ฟ๐ฎ๐ด๐ผ๐ป. This could signify ๐ฎ ๐ฝ๐ฒ๐ฟ๐ถ๐ผ๐ฑ ๐ผ๐ณ ๐ฒ๐
๐ฝ๐ฎ๐ป๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐ฝ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฟ๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป. Dragons symbolize ๐ด๐ต๐ณ๐ฆ๐ฏ๐จ๐ต๐ฉ and ๐ญ๐ถ๐ค๐ฌ, and wood infuses these qualities with ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ and ๐ณ๐ฆ๐ฏ๐ฆ๐ธ๐ข๐ญ. This combination hints at an exciting year for Bitcoin, especially with the anticipated halving event.
The halving is a significant event in Bitcoin, as ๐ช๐ต ๐ข๐ญ๐ช๐จ๐ฏ๐ด ๐ธ๐ช๐ต๐ฉ ๐ต๐ฉ๐ฆ ๐๐ฐ๐ฐ๐ฅ ๐๐ณ๐ข๐จ๐ฐ๐ฏ'๐ด ๐ฆ๐ฏ๐ฆ๐ณ๐จ๐บ ๐ฐ๐ง ๐ต๐ณ๐ข๐ฏ๐ด๐ง๐ฐ๐ณ๐ฎ๐ข๐ต๐ช๐ฐ๐ฏ ๐ข๐ฏ๐ฅ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ. It increases bitcoinโs scarcity by changing the issuance of new coins from about ๐ต๐ฌ๐ฌ ๐ฝ๐ฒ๐ฟ ๐ฑ๐ฎ๐ to about ๐ฐ๐ฑ๐ฌ ๐ฝ๐ฒ๐ฟ ๐ฑ๐ฎ๐. This decrease of new supply causes prices to rise, and drives more value and innovation to the Bitcoin network. This beautifully reflects the Wood Dragon's blend of ๐ข๐ฎ๐ฃ๐ช๐ต๐ช๐ฐ๐ฏ with ๐ข ๐ค๐ฐ๐ฐ๐ฑ๐ฆ๐ณ๐ข๐ต๐ช๐ท๐ฆ ๐ด๐ฑ๐ช๐ณ๐ช๐ต. ๐ชต๐
As Bitcoin enters the year of the Wood Dragon, its journey showcases the enduring qualities of its birth in the year of the Earth Rat. ๐ง๐ต๐ฒ ๐ฏ๐น๐ฒ๐ป๐ฑ ๐ผ๐ณ ๐ถ๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป, ๐๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐, ๐ฎ๐ป๐ฑ ๐ด๐ฟ๐ผ๐๐๐ต ๐ฝ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฐ๐๐ ๐ฝ๐ผ๐๐ถ๐๐ถ๐ผ๐ป๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ณ๐ผ๐ฟ ๐ฎ ๐ฝ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น๐น๐ ๐๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐๐ฒ ๐ฝ๐ฒ๐ฟ๐ถ๐ผ๐ฑ, embodying the best traits of these powerful zodiac symbols.
Remember to give this a ๐๐ถ๐ธ๐ฒ๐ค, and celebrate the Chinese New Year by ๐ฆ๐ต๐ฎ๐ฟ๐ถ๐ป๐ด๐ this and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ถ๐ป๐ด๐ it for later (๐ต๐ฉ๐ฆ๐ฏ ๐บ๐ฐ๐ถโ๐ญ๐ญ ๐ด๐ฆ๐ฆ ๐ช๐ง ๐ธ๐ฉ๐ข๐ต ๐ช๐ต ๐ฑ๐ณ๐ฆ๐ฅ๐ช๐ค๐ต๐ด ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ช๐ด ๐บ๐ฆ๐ข๐ณ ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ต๐ณ๐ถ๐ฆ! ๐).
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