₿itcoin Umuttur⚡⚡'s avatar
₿itcoin Umuttur⚡⚡
ukarakaya@iris.to
npub1magv...uf6h
☀️ ∞/21M ₿itcoin Get money, buy ₿itcoin/ Not sell ₿itcoin/ The ₿itcoin Standard/ ₿itcoiner/ ₿itcoin Only / DYOR/YTD/WAGMI/ https://mempool.space / HODL #Bitcoin / #nostr / #zap https://bitcoin.org https://bitcoinknots.org ACCELERATE HYPERBITCOINIZATION ⚡Stack Friends Who Stack Sats⚡
If you kept buying #Bitcoin throughout the last 5 years, you'd be up a pretty decent amount because of the volatility image
We are currently going through the greatest wealth transfer in history. Over the next few years, money will move from people who trust fiat currencies and legacy financial assets to people who understand #Bitcoin.
Growth is never linear If you don't buy Bitcoin because it's volatile, you are missing the entire point Volatility is what leads to growth You invest to grow Bonds and US Dollars have 0 volatility but they don't grow In fact, their stability means they are guaranteed to LOSE value The value of US Dollars has limited volatility because every time people want dollars, more are issued to fulfill their demand The demand for dollars is insatiable because people will always want to consume Dollars are borrowed into existence The supply of Bitcoin will grow until it reaches a maximum of 21M in 2140 Once there are 21M bitcoin, there will never be any more, regardless of demand The price of Bitcoin in terms of dollars is volatile because demand is constantly changing but supply NEVER changes You could go to a bank and borrow money using a line of credit and buy Bitcoin with it (it will be created out of nothing) More dollars will constantly chase Bitcoin, as more people figure out what it is Fewer and fewer people will want to sell their Bitcoin as they figure out what it is There are unlimited dollars that could potentially find their way into #Bitcoin $1M+ is inevitable, but there will be TONS of volatility along the way image
PRIVATE Bitcoin is totally possible: 1) Buy a BTC miner with crypto 2) Mine to a pool that doesn't require personal info 3) Stack Bitcoin in your wallet completely KYC-free Congrats, you now have #Bitcoin that no one knows you have.
A #Bitcoin node in Iran verifies the exact same rules as a node in Tel Aviv. A wallet in Russia follows the exact same math as a wallet in Ukraine. While leaders draw lines on maps and sanction banks, the network just keeps ticking. 10 minutes per block. 21 million coins. Permissionless for everyone. In a world tearing itself apart, we are building the only neutral ground left. Come build. 🧡
NEW: Bitcoin Devs take steps to address the Quantum threat 👀 An updated version of BIP 360 has been merged into the official Bitcoin BIPs repository. The proposal introduces Pay to Merkle Root, or P2MR, a new opt in output type that removes Taproot’s quantum vulnerable key path spend while maintaining compatibility with Tapscript and script trees. Key updates: • Removes Taproot’s quantum exposed key path in a separate new output type • Lays groundwork for post quantum signature schemes using Tapscript and script tree optionality at spend time • Implemented as a soft fork, existing Taproot outputs remain unaffected • Adds Isabel Foxen Duke as co author to improve clarity and accessibility beyond the developer community image
Guy who didn't buy #Bitcoin at $100 says he's glad he didn't buy because the price crashed to $60,000
FACT: MICHAEL SAYLOR'S STRATEGY HAS BOUGHT OVER 350 #BITCOIN A DAY SINCE 2020 THE GREATEST OF ALL TIME. LEGENDARY 🔥 image