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Ro₿it
robit@zaps.lol
npub1u4h6...hyvn
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Ro₿it 2 weeks ago
Anyone watching Alex Honnald climb the skyscraper live on Netflix
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Ro₿it 2 weeks ago
Bitcoin doesn't exist, it's just computer code When the global printed out of thin air liquidity bubble explodes 🤯 That's when they'll realise the UTXO'S are mathematically provable Tick tock
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Ro₿it 2 weeks ago
Just listened to that pod with @Constant where he tries to explain Nostr to two normies It's very hard to explain Nostr, because 99% of users want to download the app and just use it 1% want to know about relays and servers Personally I think that's the way Nostr should be advertised to normies, just let them have their npub and nsec, that is no different from username password Primal offers a plug and go with regards to relays running in the background Normies dgaf and they don't understand, so just let them browse and find their feet One mistake nostriches make when explaining the protocol, is trying to explain what a full stack developer does to Karen who uses Facebook while her washing is in It totally goes over their head 🤯 KISS I mean look at pfp and banner images in @primal you can just upload an image from your gallery and it automatically processes Don't start lecturing normies about the costs of content hosting and you should host your own server, the average joe has trouble finding their qr scanner on their phone So where the lines blur and the confusion begins, I'll give you an example: *Uploading images to Nostr* The big legacy platforms remove exif data So what's exif data? And you've lost the normie already You see? It's partly because we all talk in an echo chamber here and when you go out the bubble and speak to others, they haven't got the base knowledge Essentially it's very hard to explain Nostr and very easy to see why normies aren't using it
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Ro₿it 2 weeks ago
On Emirates they have plugs 🔌 that fit US/EU/UK all in one socket That is efficiency Thank you for reading
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Ro₿it 2 weeks ago
The suits have no idea what they're talking about....just like me and you They sit on a couch in Davos pontificating about world events and the future of humanity Bro they're just bluffing their way until a 5* dinner is served in their 5* hotel We’re all just stumbling through, trying to figure this whole life thing out But amidst that chaos, Bitcoin is undeniable math It has no opinion on wars or climate change, and it doesn't hold the answers to our existential questions Yet, it offers a liferaft to cling to in these stormy waters It provides the one thing we are lacking.... Certainty In a world of confusion, everyone can trust that Bitcoin is the pillar of truth You have a choice of how you store your time and energy
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Ro₿it 2 weeks ago
The event horizon for when the elites finally realise Bitcoin is the one: ● Phase 1: Central Banks try to suppress the price or ignore it (we are here) ● Phase 2: One major Central Bank maybe Russia, China, or a Commercial Bank breaks ranks and buys Bitcoin ● Phase 3 (The Event Horizon): The market realizes there is not enough Bitcoin for every Central Bank ● Result: The price of Bitcoin measured in fiat becomes meaningless (Vertical line) ● People stop accepting dollars entirely
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Ro₿it 2 weeks ago
In the future real estate transfers of sale will happen on Bitcoin 210 blocks will be the standard waiting period for funds to clear To reverse a transaction that is 210 blocks deep, an attacker would need to rewrite roughly 35 hours of Bitcoin's history The energy and hardware cost to do this would be astronomical, exceeding the value of the real estate being sold It renders the transaction mathematically immutable Bitcoin represents time and energy to aquire it Bitcoin represents time and energy to transfer property Bitcoin is time
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Ro₿it 2 weeks ago
Visa can handle 60K+ tps Amazon databases can handle millions We already have fast, centralized money We don't need a blockchain for that The only reason to use Bitcoin is to achieve Decentralization If a shitcoin sacrifices decentralization for speed, it has simply reinvented a slower, more expensive version of Visa
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Ro₿it 2 weeks ago
If money was just about transactions per second, Visa would have already won Bitcoin is about trust and decentralization Bitcoin was the first, and it grew organically after Satoshi left, it achieved a level of decentralization that no shitcoin, which requires a team or company to launch it, can ever replicate Bitcoin isn't MySpace it's TCP/IP
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Ro₿it 2 weeks ago
Bitchat is a stepping stone to Nostr and Nostr is a stepping stone to White Noise When the normies see it they will come
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Ro₿it 3 weeks ago
@BitBetBot Liquidity Matching vs. House Bank: For the bitbetbot to be sustainable, it usually needs to match an "Up" bet with someone else's "Down" bet. If everyone bets "Up" and Bitcoin goes up, can the bot cannot pay everyone? House Edge: Most legitimate gambling services do not pay exactly $2\times$ (100% profit). They usually pay $1.9\times$ or $1.95\times$. The difference is the "house edge" or "vig," which ensures the house makes money over time. If this bot offers a true 2x payout with no fees, it is statistically likely to go bankrupt eventually unless it is subsidized? I love bitbetbot and was wondering if the source code is foss?
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Ro₿it 3 weeks ago
The most painful truth in finance right now has nothing to do with charts and everything to do with psychology. 15 years ago, Bitcoin was trading for pennies. It was accessible to anyone with a dollar and an internet connection. At that time, most people were distracted, stuck in the rat race, working jobs they hated, stressing over things that didn't matter. Today, we are staring down the barrel of a $100K Bitcoin. Here is the fascinating part: The people who missed out are the loudest ones yelling that it’s a "scam." This is classic cognitive dissonance. If they admit Bitcoin is real, they have to admit they made a massive mistake. They have to admit they ignored the greatest asymmetric bet in history. They have to admit they denied their children abundant opportunities because they were too closed minded to look. So, to protect their ego, they attack it. They hate it because they ignored the countless articles on the media over the years. Don't be the person who works a pointless job for 40 years just to prove a point. Put your ego aside and study #Bitcoin