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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 7 months ago
Would I be right in thinking the larger #Bitcoin community still think in $$$ terms and triggered buying at $100k. Don’t they realise 1BTC = 1BTC?
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SomersetBen 7 months ago
Here’s the text of a certain whitepaper from 17 years ago. Zoom in! image
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SomersetBen 7 months ago
I just ordered a coffee and was asked by the (ahem, slightly older lady) for a name to call when it was ready. “Nakamoto” says I. A confused look followed by: Shall I just put down “Smith”? One day somebody will ask “Like Satoshi Nakamoto?” Just you wait and see.
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SomersetBen 8 months ago
#Bitcoin breaks $100k 👍 #Bitcoin falls to $109k 👎 Me 😎
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SomersetBen 8 months ago
You know that part of Monopoly when players can auction property to raise money? Imagine if one player could just print money; that’s inflation!
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SomersetBen 9 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 9 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 10 months ago
Bitchat told me I took a screenshot. Nice touch. image
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SomersetBen 10 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 10 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 10 months ago
My thought from the shower: what are governments for?
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SomersetBen 10 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 10 months ago
Predictions for when #BTC hits £100k, please. Winner gets 1k Sats. I’ll start: 16-Jul-2025 14:45z