People tell me that #bitcoin is a #ponzi… an asset that cant be diluted, bought back or printed and is mathematically scarce. #stonks have dilution / buy backs. #gold is only scarce at a price #bonds are fucked #property is the only thing that comes close IMO So everything of value is a #ponzi ?

After having an SSD die on my #umbrel node some form of backup or redundancy option is needed more than I realised. Especially if you are using it to store anything important.

While I will never buy a #Bitcoin ETF their ability to stabilise the price is likely a good thing. Fund manager Bob allocates 1% of portfolio to #Bitcoin … when the price rises a lot Bob Sells to maintain the 1%. The price drops, and he buys.. this could actually save us from all the laddered longs capitulation that we see with the crazy leverage that builds up in bull markets. Price stability will likely drive further adoption as those with paper hands or those who cant risk the downs would be happier to hold / use.

How many of us would be happy having our house or car keys managed by a company for us. Where they promise to keep them secure? #Bitcoin Your Keys, Your Coins.

I am not normally one for sharing X posts but WTF https://x.com/satoshi/status/1747341183720829018?s=61&t=3loykIv4Tin3PhbVmahPQA

My question is who buys the rumour and sells the news that #BitcoinETF is live? 11,500 #BTC already gobbled up by #Blackrock #WTF Supply Crunch incoming

I do really wonder how many fund managers will allocate to #Bitcoin using the new #BitcoinETF ? I assume the majority wont at first and the early adopters may look like idiots until around the halving when the supply dries up and they start looking like hero’s. Thats when the retail pump will arrive IMO.

Happy hour at #bitcoin meetup Sydney.. “double parked”

Proof of Work

Other than jpg’s has anyone done anything useful with the ordinals stuff ? I can see use cases…

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Wow im glad i put my kids on muun as the mempool is still busy !

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Holy shit block 888888 will come in around 2.1 years… around march 2025 I hope we not in another bear cycle then …

So when is 888,888 ? I imagine that will be the talk of Asia !

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I wonder how all the zaps today will be looked back on in history… remember the bitcoin pizza transaction … who knows :)

Omg scrolling and no adverts… what is this magic !

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