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Matheus
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Author of free book Bitcoin by a Newbie
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Matheus 11 months ago
Zuck anuncia que Meta irá seguir os passos do X e descentralizar a verificação de fatos! #bitcoin #Nostr #freedom
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Matheus 11 months ago
Happy Genesis Block Day! Here are some facts and curiosities about the Genesis Block: - The Genesis Block, also known as Block 0, is the very first block of Bitcoin's blockchain. Unlike all subsequent blocks, it does not reference a previous block, making it truly unique; - Satoshi Nakamoto included a now-famous message in the Genesis Block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This headline from The Times serves both as a critique of centralized banking systems during the 2008 financial crisis and as a timestamp, since the hash could not have been generated before that date; - The Genesis Block contains a reward of 50 bitcoins (a coinbase transaction), but due to the way it was coded, these bitcoins can never be spent; - The second Bitcoin block was mined on January 9th, a full six days after the first. Normally, Bitcoin blocks are designed to be mined every 10 minutes. This delay for the second block can be attributed to several reasons. The algorithm responsible for adjusting mining difficulty to maintain the 10-minute interval only activates approximately every two weeks. Satoshi may have deliberately waited before mining more blocks to see if others would join the network—he didn’t want to pre-mine everything for himself. Another theory suggests that since Satoshi was the only one mining at the time and still needed to make adjustments to the code while using his computer daily, there was limited time available for mining, which naturally led to delays. Yet another theory posits that Satoshi’s original Bitcoin version required at least one additional node before mining could begin. It’s possible that Satoshi’s node was running when he released the software but only started mining once a second node joined the network. Bitcoin version 0.1 was announced on January 8th at 19:27 UTC via an email list. The second node would have appeared on the network sometime after this announcement, when someone became curious enough to download and run the software. Block 1 (the second block) has a timestamp of 2009-01-09 02:54 UTC—7 hours and 27 minutes after the software release announcement. However, one of the most intriguing theories suggests that Satoshi deliberately mirrored the six days it took God to create the world, as described in the Book of Genesis. #bitcoin #nostr image
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Matheus 11 months ago
If the #Bitcoin hashtag mining difficulty adjustment is scheduled to occur every 2,016 blocks (2 weeks), why did the first adjustment only occur at block 32,256 and almost 1 year later? Exactly 15 years ago on December 30, 2009, the first Bitcoin network difficulty adjustment occurred. The mechanism is scheduled to occur every 2,016 blocks, but the retargeting adjustment algorithm only works if the average block time is above 10 minutes. Until December 2016, the average time to mine a block was over 10 minutes. Between block 1 and block 32,256, the average block time was 16 minutes. image
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Matheus 1 year ago
Ah, alcohol! Not just creating friendships but also stories! Exactly 11 years ago, on December 18, 2013, GameKyuubi, a Bitcointalk user, posted a historic text! BTC was experiencing a drop after a significant rise. And the author said in the text that he would hold! But instead of writing "I AM HOLDING", he ended up writing "I AM HODLING". This happened after drinking a few shots of "whiskey", but according to the author himself, the bottle said "whisky"! From then on, following Gresham's Theory, Bitcoiners started to HODL BTCs and use fiat! image
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Matheus 1 year ago
Exactly 14 years ago, on December 12, 2010, Satoshi Nakamoto made his last public post! Just as brilliant as the creation of Bitcoin was the disappearance of its creator! It was a post on the Bitcoin Forum, which was edited the following day (December 13). He didn't explain his reasons, but it is believed that Wikileaks beginning to accept donations in bitcoins might have drawn unwanted attention to the project at that time. Although this was his last public post, he continued exchanging private messages with Mike Hearn and Gavin Andresen for a few more months. This and a dozen more curiosities about #bitcoin will be in the free book I will be releasing soon. #nostr #satoshi image
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Matheus 1 year ago
Would you invest if a 3.5-point increase in a country's education index could lead to a 6 to 8 percentage point rise in per capita GDP within 5 years? The answer shouldn’t be surprising. What is surprising, however, is that these results aren’t achieved through education. What brings these results is something much simpler and cheaper to invest in: Economic freedom. This was the metric observed by the Atlantic Council based on data from the past 15 years. And when we talk about economic freedom, we’re referring to policies that lower taxes, streamline the regulatory environment, open up the economy to greater competition, and tackle corruption. While investing in education is necessary, economic freedom is something that can be implemented quickly and easily, delivering far more immediate results for the social and financial well-being of the population—who, in turn, gain the means to educate themselves and break free from reliance on the state! #freedom #bitcoin #nostr image
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Matheus 1 year ago
Hi @kalle Thank you so much for your response! I DM you the link to the content! I truly appreciate you taking the time to look at it. #bitcoin #nostr #book image
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Matheus 1 year ago
“Bitcoin is down today but fiat has been down since 1971.” Anonymous