Heri Sim
hsim@onlyzaps.club
npub1hry9...t00c
I provide Analysis and Reasoning as to the future price of Bitcoin in the short-term. Definitely an OG.
Interesting Read.
Using debt to backstop bank runs. View quoted note →
SimpleX is more secure DMs and group chats for plebs. Voice calls too! View quoted note →
Some say: “In crypto, for every winner, there must also be a loser.”
To this we say: “There is no point in everyone putting their money into a venture for 5 years if the venture does nothing for 5 years. This applies also to Bitcoin. To find a win-win solution for all, we all must focus on value creation or value add within the Bitcoin space.”
Value-add can come from building a more valuable product from lesser parts. Think about an airplane made from lesser/cheaper aluminum parts. Some engineers must come together to put in the necessary work to compose the value chain. OpenSats is an example of this.
Value-creation can also come from network effects, that comes from true adoption, not just opportunistic speculation. Nostr Zaps and the Value4value economy is an example of this.
Which stage are you in? Are you creating value for the Bitcoin space, or are you still stuck benefiting from all the hard-work of others in Bitcoin? View quoted note →
Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging the latest wave of long-term holders, it said.
Glassnode concluded that these metrics paint a relatively constructive view of Bitcoin holder conviction. “Most are simply not interested in spending their coins just yet.” View quoted note →
Working my ass off View quoted note →
Random weekend video on why high-heat stir-fry wok cooking tastes so good.
Indonesia is just inviting #Bitcoin miners into the country.
They have 200GW of excessive renewable energy to be used for mining. View quoted note →
