Last week before the marathon. Tapering down. #runningbitcoin

GM #plebchain 🌞⚡️🧱

Probably stating the obvious here but feel like UTXO Management is going to be the next “challenge” with the onboarding process of new Bitcoiners - kind of like getting off exchanges to cold storage was (and still is) a big push for those entering the space. It’s become so much easier now to do this, even with air-gapped cold storage, with so much support here, on Youtube, and elsewhere. And the work of so many awesome Bitcoin companies and their cold storage solutions. Thankfully a lot of us stacked when 1 million sats may have been 100-200 USD or cheaper…so by default a lot of our UTXOs are actually a good size already. As USD continues to fall against #Bitcoin, and with the expectation that fees and demand for block space increases, folks entering with a daily or weekly small DCAs, without understanding even what a UTXO is yet, will run into a lot of frustration moving their funds on chain, to cold storage or otherwise, unless they consolidate early or are smart with sizing their buys. Will take some intentional work on our end to support these newer folks so that their first touch points with Bitcoin don’t turn them off to all that it really is. ⚡️

Bitcoiners will see this and just say “hell ya” (hell ya) View quoted note →

Thanks for the sweet stickers @Seth ! S9’s looking 🔥⚡️

View quoted note →

GM #plebchain 🌞⚡️

This is insane. Gotta watch this. Wild history. View quoted note →

bring on the volatility

As I enter my 4th year in #Bitcoin I reflect back and am so appreciative of all that it’s taught me, from economics to energy, ethics to politics, software to hardware, tinkering and problem solving, self sovereign to self custody to central banks, history, philosophy, proof of work, time preference, community & family. This was a fantastic podcast by @Peter McCormack to start the year. Amazing conversation, and salient points. The huge difference our small community can make in so many areas. And, not necessarily looking for jobs in Bitcoin, but staying where you are, making a difference where you are - doing what you’re good at or passionate about. I feel so blessed to be in the US practicing ophthalmology, especially here in the great state of Texas. Feel a profound sense of gratitude everyday for this gift and wondering how best to make a more tangible contribution in 2024. #docchain, we should keep the chat & conversation alive this year. Should be the best one yet! Wishing all my #nostr fam all the best and excited to see where the road takes us! ⚡️

Spotify

Bitcoin in Europe with Rachel Geyer - WBD757

The Peter McCormack Show · Episode