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Not a Polar Bear
somersetben@evocomp.co.uk
npub13wpu...qpdr
Not a Polar Bear, who went from Electronics -> Software -> Databases -> Monetary Systems.
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SomersetBen 4 months ago
@bitchat is now unusable in area #gc. Spam every minute and block doesn’t seem to work. Any help would be much appreciated
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SomersetBen 4 months ago
I have a thought about the recent fall in dominance of #Bitcoin. People see #BTC doing well, think it’s too late/expensive to get involved and incorrectly conclude the next wave of profit is to be made on altcoins. Is there any research to back this up?
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SomersetBen 4 months ago
Bitchat told me I took a screenshot. Nice touch. image
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SomersetBen 5 months ago
If/when #Bitcoin is adopted as the global reserve currency its key differentiator from fiat currencies will be the fixed supply. How is this different from Margaret Thatcher’s monetarism which sought to limit inflation by reducing the money supply and which, more to the point, ultimately failed rather badly?
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SomersetBen 5 months ago
...and then it c-r-a-s-h-e-d almost 5% from its all time high. #Bitcoin image
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SomersetBen 5 months ago
My thought from the shower: what are governments for?
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SomersetBen 5 months ago
It always seems very odd to me that news articles attempt to attribute #Bitcoin movements to events in a particular country - #BTC dips pending US CPI statement, etc. Surely #Bitcoin is a global phenomenon and only incidentally affected by local events. The price trend is dictated by forces stronger than the dollar. Sorry USA.
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SomersetBen 5 months ago
Predictions for when #BTC hits £100k, please. Winner gets 1k Sats. I’ll start: 16-Jul-2025 14:45z
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SomersetBen 6 months ago
We all love graphs that go to the right and up: the plot at polarbitcoin.net does that by design (it rotates the chart every year) but right now with #Bitcoin at an ATH we can feel pleased with how all our #BTC charts look. image