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Jerry
jerry@stacker.news
npub1uzd7...t23m
⚡Co-host of 《发现比特币》播客 ⚡Co-founder of Bitcoiner Malaysia ⚡Co-host of Sembang Bitcoin podcast Fix the money fix the world
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jerry 2 years ago
#photography #throwback #camping image
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jerry 2 years ago
Easily one of the best posters created. image
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jerry 2 years ago
Too good not to be shared. H/t #[1] image
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jerry 2 years ago
We were enslaved by physical chain back then, we will be freed by digital chain soon.
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jerry 2 years ago
I can't take you seriously if you take debt ceiling seriously.
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jerry 2 years ago
Tell me it is not a bull market. image
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jerry 2 years ago
Some advice from some people. image
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jerry 2 years ago
Bitcoin, to the right; Fiat, to the left. In a fiat world, the money supply is typically expanded by increasing the amount of currency in circulation. Central banks can do this by printing more paper money or by creating more digital currency through monetary policy measures such as quantitative easing. When more currency is added to circulation, the value of each individual unit of currency decreases, which is why we have to add more zeros before the decimal point to represent the same value. On the other hand, Bitcoin has a fixed supply of 21 million coins. As demand for Bitcoin increases and its value rises, people tend to buy and sell smaller fractions of Bitcoin rather than whole units. In other words, the value of Bitcoin is divided into smaller and smaller fractions, which are represented by decimal places to the right of the decimal point. As Bitcoin becomes more valuable, we need to add more decimal places to represent smaller fractions of its value. For example, if the value of Bitcoin is $10,000, then 0.001 Bitcoin would be worth $10. If the value of Bitcoin increased to $100,000, then 0.001 Bitcoin would be worth $100 - the same fraction of Bitcoin, but worth more in dollar terms. This is why Bitcoin can be considered a deflationary currency, as its value tends to increase over time, while the supply remains fixed.
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jerry 2 years ago
I met wonderful bitcoiners at this hotel at Boracay. New friendship were forged, and perhaps, more surprises to come. Love it. image
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jerry 2 years ago
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