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timbo
timbo@nostrplebs.com
npub1hxph...70vw
family-first. sales exec. 🇺🇸 ₿
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timbo 2 years ago
When the general public begins to view Bitcoin as akin to real estate, there will be a dramatic shift. This trend will likely unfold gradually at first, then accelerate rapidly. Get yourself some #Bitcoin, ey?
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timbo 2 years ago
Bitcoin a superior savings tool.. but why⁉️ Equities trust CEOs' competitiveness; treasuries trust governments not to devalue currency; gold relies on miners not overproducing; real estate trusts against excessive taxes and natural decay — #Bitcoin , however, relies on unchanging math. Legacy assets carry a savings premium, extra value for their wealth storage. Bitcoin, free of such risks, is absorbing this premium. Got m̶i̶l̶k̶ #BTC  ?
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timbo 2 years ago
Too often I hear: WHAT’S GOING TO HAPPEN WHEN NORMAL PEOPLE REALIZE #BITCOIN  IS VENMO ON PUBLIC??? #1 — Managing UTXOs are crucial. #2 — Should Bitcoin transactions become more common, centralized exchanges could serve as a means to enhance privacy … Here's how 👇 You can move a minor quantity of Bitcoin from your UTXO into an exchange. These exchanges employ custodial wallets, which provide a layer of privacy from the public when carrying out transactions. Indeed, the exchange would possess the data from that specific UTXO, but this method prevents public disclosure and restricts the number of trusted parties involved in the transaction data. *Despite the promise of privacy coins, I find it hard to envision any of them surpassing the trust that Bitcoin is likely to gain — that's something that cannot be duplicated* #BTC
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timbo 2 years ago
The absence of human intervention, or the inability thereof, is precisely what makes #Bitcoin so unique and desirable.
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timbo 2 years ago
For years my brother preached sovereignty and the future-need to be able to autonomously exist in our society — he’d say things like buy farm land now, get off the grid, you can’t trust the government, Bitcoin is the the future… At the time I would argue with him on how wrong I actually thought he was … I was certain I was right. Slowly everything he has said (somehow 🙄😉) has become true! Well done, Daniel. && thank you for helping open my eyes! 🙏
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timbo 2 years ago
The PoW mechanism requires energy and computational power to solve the problem, making it difficult for any single actor to take control of the network. The more computational power and energy invested in the network, the more secure it becomes. In this sense, #Bitcoin  is *backed* by energy and compute b/c they are integral to its creation, security, and overall value prop.
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timbo 2 years ago
Bitcoin is decentralized digital property that operates independently of any central authority — THIS IS WHY. #Bitcoin
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timbo 2 years ago
#[0]​ — Would you be willing to at least address the reason for 100k purchases/week is allowed on CashApp but only 5k/week in withdrawals is enabled? This is quite odd for a bitcoiner like yourself.
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timbo 2 years ago
Legacy investors simply can’t understand a new asset class CAN exist and in 2023 maybe technology enables it digitally 🤔 #Bitcoin
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timbo 2 years ago
#[0]​ … Been a huge fan of @CashApp since it’s inception. In fact, I invested in their IPO 10 years ago. Unfortunately, I can no longer recommend nor use the app with the limits put in place for #Bitcoin. 5k weekly #bitcoin withdrawal limits??? It will take a family member of mine MONTHS to get it all off the exchange. This is insanity. Other option … sell it, take the taxable event and re-buy on Coinbase for immediate withdrawal to self-custody. Do you support self custody? Why the restriction? Pls help make this better for all Bitcoiners. 🙏
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timbo 2 years ago
In anything, the distribution of power holds significant importance. In #Bitcoin , that distribution gives you the confidence in holding a hard money.
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timbo 2 years ago
₿itcoin is addicting.
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timbo 2 years ago
Nobody cleans my room while I’m in a hotel but me. It is a random person … The door stays open while they clean … too much risk. no thank you.
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timbo 2 years ago
BUY #BITCOIN  AS INSURANCE‼️ We buy insurance for every other valuable asset in our lives: house, cars, health, life … Why don’t we buy *insurance* on our dollars when it’s obvious our purchasing power decays overtime⁉️
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timbo 2 years ago
Seemingly another great opportunity for ‘the #bitcoin conversation’ with others…
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timbo 2 years ago
Not 24-hours in SVB failure and we have Wall Street *geniuses* calling for a government bailout already… laughable.
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timbo 2 years ago
• I’ve sold all equities in an IRA of mine and executed a transfer of assets. • Tomorrow a new institution will execute a #bitcoin  buy order. Why? ✔️ need más bitcoin ✔️ self-custody IRA offered ✔️ roth dollars—Uncle Sam no more ✔️ #DCA
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timbo 2 years ago
Need some good bitcoin follows …