Soon we will enter the world of Sats:
0.001 BTC = 100,000 satoshis
0.01 BTC = 1,000,000 satoshis
0.1 BTC = 10,000,000 satoshis
1 BTC = 100,000,000 satoshis
You’ll always see those X coin chasers screaming, What if my bag of 50,000 shit coins hits $1? without ever asking how.
Meanwhile, their 'project' has
a supply in the hundreds of millions (or billions) diluted into oblivion.
A dev team that can mint more anytime because 'decentralized' was just a buzzword.
Zero real demand just hopium and memes propping it up.
Let’s be real a single Satoshi (0.00000001 BTC) will hit $1 before your garbage-tier altcoin ever sniffs a dollar.
Bitcoin’s hard cap is 21 million period. No rug pulls. No supply tricks. Your X coin? It’s a lottery ticket where the house always wins.
Abdullahi Dirie
abdullahid@nostrcheck.me
npub1l2x6...dwzq
Notes (11)
Can't emphasis this enough
Not your keys not your bitcoins
Take ownership of your bitcoin
the exchanges can be shutdown or can retrict access to your funds
the wallets can be shut down or stop you access
So take custody of your Bitcoin
Why Bitcoin Could Make Sense for Somalia
Dollar Dependency is Problematic
Somalia faces challenges with its currency system:
- US dollar reliance exposes the country to inflation and geopolitical risks.
- The Somali shilling is vulnerable to massive counterfeiting and hyperinflation in some regions.
Potential Solution: Bitcoin?
Could Bitcoin offer a more stable alternative?
Adaptation to Anarchy Somalis have developed survival strategies:
In the absence of government services, businesses fill the gap.
Telecom companies provide infrastructure and even mobile banking (like Zaad, mobile money system).
Private schools and hospitals operate where the state cannot.
The Somali diaspora sends billions in remittances yearly (estimated $1.5–2 billion annually), which sustains families and local economies.
Adaptation to Anarchy, Somalis have developed survival strategies
Informal trade networks keep the economy running livestock exports to the Gulf
Piracy (2000s–2010s) emerged partly due to illegal fishing in Somali waters
Although Piracy has declined due to international naval patrols and now we are seeing more and more of illegal to fishing and toxic dumping coming back
"Cunningham's Law: The best way to get the right answer on the Internet is not to ask a question; it's to post the wrong answer." - Wikipedia
Long-Term Holding for BTC (Best for Most Investors)
Strategy: Buy and hold Bitcoin for years ("HODL").
Risk: Low to medium (if held long-term).
Potential Returns: Historically, BTC has grown 100%+ yearly in bull markets
How to Execute:
✅ Dollar-Cost Averaging (DCA)
Invest a fixed amount daily/weekly/monthly (e.g., $10,$100,$1000).
Reduces risk of buying at peaks.
Use exchanges or Strike.
✅ Self-Custody (Avoid exchange risks), moving to hardware wallet when you have collected enough satoshis ideally 2 million, 5 million or more
Store BTC in a hardware wallet (Ledger, Trezor).
Or use cold storage
✅ Wait for Bull Markets if you want to some cash some out
Historically, BTC peaks ~18 months after halving (next peak ~late 2025).
$118,880 BTC on Pizzas 🍕 day to set new all time high
Understanding Nostr Basics
Nostr is a decentralized, censorship-resistant social network that relies on public-key cryptography. You control your identity with a private key (like a password) and a public key (like a username).
Private Key: Never share this! It proves ownership of your account.
Public Key: Share this so others can follow you.
Relays: Servers that store and broadcast messages (you can choose or run your own).
$BTC futures open interest across major exchanges hit $75 billion, an all-time high on Tuesday in U.S. dollar terms, signaling heightened speculative activity and leveraged positioning.
https://x.com/CoinDesk/status/1925085434167640561?t=yBWhPe-Mvi6qA1iB5sLn5A&s=19
Hello World I’ve just joined Nostr.
Bitcoin is like an endless ocean , there's always something new to discover, and you keep realizing how many problems it’s solving.
Thank you for the welcome.
#Bitcoin #Hoskasii #Nostr