Politicians planning to leverage Bitcoin to prop up their bond markets.

This epoch will decide if self-custodial lightning scales or dies.

9̶0̶0̶ > 450

Fun Bitcoin sizes. 0.01 = sats millionaire 0.002625 = "your" share(8B/21m) 0.1 = sats deca millionaire 1 = wholecoiner/21 million club 10 = sats billionaire 21 = "one in a million" 210 = "lakho mein ek" 21,000 = one in a thousand 210,000 = Saylor 1,000,000 = Satoshi

On TFTC #492 @DETERMINISTIC OPTIMISM 🌞 mention that he expects the (US) ETF's to acquire ~20% of all coins before things start breaking(due to liquidity issues). This is an insightful statement that explains a lot about our current financial system. Let's do some math to explain why. 20% of 21m is 4.2m coins. As of today, the US ETF's have ~800k coins in them. At the current ingest rate of 4kcoins/day it will take the ETF's 2+ years to get to 4.2m coins. So in 2026-27 we will be looking at: 1. Bitcoin going exponential in terms of $ price OR 2. US executes a 6102 on ETF's to protect the $ OR 3. Both! Of course, if Bitcoin price rises, the ETF ingest rate of 4k/day will slow down(assuming all other things stay the same, ). For eg: if the price doubles, the ingest rate goes down to 2k/day. So instead of 2 years, we are talking 4 years to get to 20%. Therefore, this is what the math looks like: $60k - 2 years(2026) to hyperbitcoinization. $120k - 4 years(2028) $240k - 8 years(2032) $480k - 16 years(2040) $960k - 32 years(2056) It's counter intuitive, but THE HIGHER BITCOIN GOES, THE LONGER WE CAN DELAY HYPERBITCOINIZATION and keep the current financial system alive. This is exactly why governments needs inflation in other assets as well(real estate, stocks etc). TLDR: FIAT BASED FINANCIAL SYSTEMS NEED INFLATION TO SURVIVE.

Bitcoin is censorship resistant, hard money. If you don't need censorship resistance or inflation resistance, you don't need Bitcoin.

Happy $70k. We are in for a long bull run. To stay efficient, I'll bucket my wishes into $10k increments. 🫡

My rule of thumb for valuing 1 btc is: A meal A flight ticket A car <---- we are here ---> A house A retirement A legacy

"Science advances one funeral at a time" - Max Planck "Bitcoin allocation advances, one funeral at a time" - Yours Truly

Thoughts on WoS pulling their app in the US: 1. Short-term : It will be a forcing function driving users towards non custodial lightning wallets, and therefore getting them used to (a)managing their own keys & (b)paying on-chain fees for channel creations/closes. 2. Medium/Long term: It will push devs to innovate on L1/L2 to lower the cost of on-chain channel management(channel factories, shared UTXO's, Fedimints et al) TLDR: This is good for Bitcoin! 🫡

Thoughts on WoS pulling their app in the US: 1. Short-term : It will be a forcing function driving users towards non custodial lightning wallets, and therefore getting them used to (a)managing their own keys & (b)paying on-chain fees for channel creations/closes. 2. Medium/Long term: It will push devs to innovate on L1/L2 to lower the cost of on-chain channel management(channel factories, shared UTXO's, Fedimints et al) TLDR: This is good for Bitcoin! 🫡

Satoshi = Ben Franklin? As I read through Ben Franklin's biography, I'm pleasantly surprised by how common and pervasive pseudonymity was in pre-independence American colonies. Ben Franklin used a number of pseudonyms to publish articles in newspapers. Walter Issacson covers this on page 227 of his book: "As has been frequently noted, Franklin often wrote anonymously or using a pseudonym. Sometimes, he was trying to to be truly anonymous; at other times, he was wearing only a thin mask. This practice was not unusual, indeed it was quite common, among writers of the eighteenth century, including such Franklin heroes as Addison, Steele, and Defoe. “Scarce one part in ten of the valuable books which are published are with the author’s name,” Addison once declared, with a bit of exaggeration. At the time, writing anonymously was considered cleverer, less vulgar, and less likely to lead to libel or sedition charges. Gentlemen sometimes thought it was beneath their stature to have their names on pamphlets and press pieces. The practice also assured that dissenting political and religious writings were rebutted on their merits rather than by personal attacks." I think the Franklin was onto something with pseudonyms. One of Bitcoin's most important powerful aspects is Satoshi's pseudonymity. "You can kill a man, but you can't kill an idea."

Mental note for Bitcoiners during the next bullrun. https://collabfund.com/blog/rich-and-anonymous/

With Bitcoin, you must earn the right to buy more, through deep study. If your allocation of Bitcoin outweighs your understanding of Bitcoin, you'll end up selling at the bottom. -h/t @Lyn Alden

I'm at my first ever Bitcoin meetup in India. I just realized that the venue is a "vegetarian" Cafe 😀 Bitcoin is for everyone!

Hi Nostrnauts, I'm trying out Zaps. I'll zap 100 sats to anyone who: 1. Follows me AND 2. Replies to this post with a unique 3 digit prime number. Offer expires on August 31st. Feel free to unfollow after you've been zapped 🙂

I grew up using 5 paisa coins in India. Today I received a 20 rupee coin as change. That is a 40,000% increase within my lifetime.

Just finished watching @PeterMcCormack interview @obi about @fedibtc. The last 30 mins sent chills down my spine. Time bound fedimints for events & gatherings is an incredible idea. Spontaneous & censorship resistant, but also fun and incredibly viral!

Bitcoin is not a commodity like gold. Bitcoin is a network of willing participants. A religion if you will. Governments have a poor track record of exterminating religions. On the contrary, history is littered with examples of emerging religions toppling governments.