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Thierno Diallo
npub1apkd...23yt
Muslim, Father, Bitcoiner
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TDIALLO 1 year ago
“Let us begin with the negatives: what must not be done. The most obvious item in this category is that we must not turn to government for more of the same "cures" that have made us ill. We do not want more power granted to the Fed or the Treasury or the President, nor do we need another government agency. We probably don't even need any new laws, with the possible exception of those legislative acts which repeal some of the old laws now on the books. Our goal is the reduction of government, not its expansion.” Excerpt From The Creature from Jekyll Island: A Second Look at the Federal Reserve G Edward Griffin
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TDIALLO 1 year ago
#bitcoin maxis were right, only #bitcoin matters
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TDIALLO 1 year ago
I knew holding bear market is hard, but holding during a bull market is even harder #bitcoin
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TDIALLO 1 year ago
#Bitcoin is at ATH If you are thinking in about selling your bitcoin, you haven’t read enough about or didn’t listen enough @Bitcoin Audible by @Guy Swann #bitcoinbooks
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TDIALLO 1 year ago
'The Creature from Jekyll Island' by G. Edward Griffin reveals the shocking truth about the Federal Reserve! Key takeaways: - The Fed is privately owned, not government-controlled. - Debt & inflation are intentional, not accidental. - Economic crises are orchestrated for control. #JekyllIsland #FederalReserve #EconomicFreedom #bitcoin #EndtheFed
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TDIALLO 1 year ago
#chatgpt #bitcoin #education I tried to explain proof of work today and I failed… I thought I understood So I had chaptgpt explain it to me Bitcoin's Proof of Work (PoW) is a consensus algorithm that secures the network and verifies transactions. Here's a simplified explanation: *Key Components* 1. *Miners*: Computers competing to solve complex mathematical puzzles. 2. *Blocks*: Collections of transactions to be verified. 3. *Hash function*: A one-way mathematical function generating a unique "hash" (digital fingerprint). *The Process* 1. Miners collect and verify unconfirmed transactions. 2. Miners create a block and add transactions to it. 3. Miners calculate the block's unique hash using the hash function. 4. Miners compete to find a hash that meets the network's difficulty requirement (e.g., a specific number of leading zeros). 5. The first miner to find a valid hash broadcasts it to the network. 6. Other nodes verify the hash and accept the block. 7. The block is added to the blockchain, and transactions are confirmed. *Purpose* 1. *Security*: PoW prevents tampering and ensures the blockchain's integrity. 2. *Consensus*: Miners agree on the blockchain's state. 3. *Incentivization*: Miners earn newly minted bitcoins and transaction fees. *Energy Consumption* Bitcoin's PoW requires significant computational power, leading to energy consumption concerns. Do you agree with this explanation? Could you make it better? How do I explain this to a normie?
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TDIALLO 1 year ago
How deep are you in the rabbit hole? Well I’m starting to read "The Creature from Jekyll Island " #bitcoin #money #FED #brokenmoney
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TDIALLO 1 year ago
Is $67k the new $58k? #bitcoin
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TDIALLO 1 year ago
How is your day going? @Saifedean Ammous just liked my reply While I’m currently reading his Principles of economics book #bitcoin image
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TDIALLO 1 year ago
Whenever I listen to npr I stack more sats