Bitcoin. There is no second best. The entirety of #[0] keynote presentation at BTC Prague.
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
Outstanding insight from Jesse Myers:
“The only assumption Satoshi made when designing #Bitcoin was that individuals would act in their self-interest.
It's all built on that one simple law of human nature.
Until that law is no longer true, Bitcoin will continue setting higher highs.”
#bitcoin #inflationistheft
#zap #plebchain #lightning #btc #soearly #nostr
We are moving from analog hard money to digital hard money as we speak. (Hyper)bitcoinization
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
If the “Ten Commandments” of bitcoin were a thing, #[0] ‘s “stay humble and stack sats” would be on the list, engraved in digital stone.
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
Being able to create money (print money) or anything else without work is a God-like power that no-one should have (and it is not aligned with the ways of Nature and the Universe) - thanks #[0] Luke Broyles and Optimist Fields for the inspiring thoughts.
Happy Day, my Nostrich friends. I highly recommend
this recent @Jeff Booth podcast. My summary notes are below. Bitcoin is unstoppable and has made me rethink my life priorities.
Notes:
Do you/we want a world based on truth or based on stealing? - Jeff Booth
Why is the system built on stealing?
Because:
1) the price of goods and services move to the marginal cost of production over time (calculator example) and that cost is falling exponentially
2) we live in a system that is creating a debt which allows the “elites” (those too big too fail, the politically connected/protected) to steal from society the value that technology is creating.
3) the debt is so huge that the system is actually insolvent, but we pretend it is solvent. Individuals and small companies are racing to stay solvent, but the “elites” are always bailed out so they are actually incentivized to take on more debt.
4) the creation of more monetary units for more debt cause inflation which is wage deflation for the “non-elites”
5) we are all so used to the system, that we don’t see it, and it is hard to accept this concept
6) the parallel system is a world of continuous deflation. Bitcoin is a deflationary monetary technology that is the basis of this parallel system
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
Mr Buffet, the honest answer to the 13 year old girl’s question is “I would advise you to buy and hold Bitcoin”.
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
Very helpful for Nostr beginners and intermediates. Learned a ton, Rhett Reisman, thanks!
#nostr #bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly
I bought my first #satoshis just after the May 2020 halving at $9.5k. The bull run 7xed from there in 17 months. It feels like a gift to have an entire year to DCA before the next halving in April of 2024 as the rapid pace of both #BTC adoption and fiat debasement continues.
#bitcoin #inflationistheft #zap #plebchain #lightning #btc #soearly