El Salvador still stackin’ 1 btc per day?

Where is bitcoin’s volatility hiding?

VPN >> NOSTR >> bitcoin View quoted note →

Bitcoin mining is a ruthless competition. If a bitcoin miner is paying too much for electric, they will eventually go bankrupt and turn off. Electricity is a primary cost of Bitcoin miners. Bitcoin mining is geographically agnostic, modular, interruptible demand. Bitcoin miners will find the pockets of free electricity wherever they exist. And waste, curtailed, and stranded energy sources are plentiful out there in the real world. Eventually Bitcoin miners will be mining exclusively with “free” electricity. Or they will go bankrupt. View quoted note →

Perhaps we need some different voices getting in front of the institutions to accelerate bitcoin adoption.

Geopolitically, dictatorships will be the first to adopt bitcoin simply because they’re not ruling / deciding by committee. Same with small, private companies vs. publicly traded corporations.

Dreaming of buying real world assets and running them on a bitcoin standard. GN. 😴💤💭⛳️🏌️‍♂️

I have worked the last 4 years to improve my golf game. It’s the first time in my life I’ve invested my time, energy, and focus into a hobby. Just looked back at some of my scores from when I first established my handicap in 2021 … huge progress made over years even though it doesn’t feel like I am improving round over round. It was a good reminder for me that progress is slow but consistency and commitment does yield results.

Halving cycle over halving cycle, bitcoin sets the risk-free rate for investing money. Wall Street isn’t ready for the implications … 🫨🤯🫥

Network effects are critical for social networks / digital products to work. This is because every connection compounds the value of the product. Facebook achieved its network effect by starting at elite universities and teasing false scarcity in the roll out of their product. It was cool to be on Facebook and not everyone had the opportunity. When a new user base had the opportunity to participate they opted in, and many became instantaneous heavy users. While the free speech angle of NOSTR is cool, the network effect isn’t happening. I follow 800+ accounts but the same couple dozen individuals are active … and there isn’t a lot of compounding effect in the engagements. How does this change? Will the NOSTR developers make it long enough to let the network effects occur naturally? Are the financial incentives enough to make this ecosystem function?

I have had a ‘Nym where I don’t zap. It is much more “followed” than this account and that’s fine. But I’ve learned somethings since I went legit. From this account, I have been zapping like crazy on this account. Two things I’ve noticed… (1) besides @ODELL and @jack no major influencer zaps in any meaningful amount. (2) my zaps are meaningful on @primal “most zapped in last 4 hours” search. Both are entirely pathetic. Be better NOSTR…

How much longer can “THEY” suppress bitcoin’s purchasing power?

By design… https://stocks.apple.com/AqfzdOrMHRIq9ZBI66wewKQ

It’s been quiet on the Commercial Real Estate market front.