Just updated
bitcoin@1million
bitcoin@1million
A simple resource to calculate what a current allocation to #Bitcoin will become if/when bitcoin hits $1million. Check it out and scan the QR if you want to support me with some sats.
#bitcoin rising from the ashes!
Happy Bitcoin White Paper Day everyone, let's scare the pants off those central bankers!
Let #bip300 and #bip301 be resigned to the grave. If anyone needs further understanding of why, also turn to the latest episode of The Bitcoin Podcast with
@walker and
@Jeff Booth
Abby Saves In Bitcoin
Okay, attempt #2 at not sounding like an idiot.
I wrote a children's book. Please support me if you can!
Hopefully this adds to the space in some way.
Okay everyone. I wrote a children's! Please purchase a copy and let me know what you think.
Abby Saves In Bitcoin
bitcoin@1million
bitcoin@1million
Put up a simple website to get normies asking questions. Kinda like a hook in sales. Show them something they can connect with and get the conversation rolling. Let me know what you think.
bitcoin@1million
bitcoin@1million
The site is a working progress but it is functional at this time.
I wanted to create a site that made investing in bitcoin a little more tangible for people. Let me know what you think.
Feel free to ZAP me to help keep it up and running.
7 days with my new crew and I received a cryptic serial killer style note, I'm doing something right!
Going to keep posting until it gets some traction. I was impressed with how this turned out. Lol
#nostr friends. I asked ChatGPT to write a poem about #bitcoin in the style of my favorite poem IF by Rudyard Kipling. I made some edits but what follows is my battle cry to you all!
IF Bitcoin
If you can hold your bitcoin when all about
Are panicking and selling with a shout;
If you can trust yourself when others doubt,
And HODL tight without a single pout;
If you can wait and not be tired by waiting,
Nor be tempted when FOMO is baiting;
Or being hacked and losing all your sats,
You can build it back up and not forsake;
If you can make one heap of all your winnings
And risk it on more coin for new beginnings,
And lose, and start again at your beginnings
And not let losses shake your inner feelings;
If you can force your heart, nerve and sinew,
To hold on when dips make others bid adieu,
And sustain the losses of bear markets through,
And still keep your head, without turning blue;
If you can talk with hodlers and keep your virtue,
Or walk with whales – nor lose the common touch;
If neither bull nor bear can hurt you,
Yours is the hodler's kingdom, and everything in it,
And which is more you'll be a millionaire, my friend!
By Publius/ChatGPT
#stayhumblestacksats
Gm #nostr I asked ChatGPT to write a poem about bitcoin in the style of my favorite poem IF by Rudyard Kipling. I made some edits but what follows is my battle cry to you all!
IF Bitcoin
If you can hold your bitcoin when all about
Are panicking and selling with a shout;
If you can trust yourself when others doubt,
And HODL tight without a single pout;
If you can wait and not be tired by waiting,
Nor be tempted when FOMO is baiting;
Or being hacked and losing all your sats,
You can build it back up and not forsake;
If you can make one heap of all your winnings
And risk it on more coin for new beginnings,
And lose, and start again at your beginnings
And not let losses shake your inner feelings;
If you can force your heart, nerve and sinew,
To hold on when dips make others bid adieu,
And sustain the losses of bear markets through,
And still keep your head, without turning blue;
If you can talk with hodlers and keep your virtue,
Or walk with whales – nor lose the common touch;
If neither bull nor bear can hurt you,
Yours is the hodler's kingdom, and everything in it,
And which is more you'll be a millionaire, my friend!
By Publius/ChatGPT
#stayhumblestacksats
"If you denominate your assets in a store of value that is constantly being devalued, everything you own will appear to be increasing in price."
- Pomp
The three functions of money are:
1. A medium of exchange
2. A store of value
3. A unit of account
It can't be argued that bitcoin doesn't fulfill roles 1 & 2. Although bitcoin did serves as a unit of account in the early days, it is arguable that it doesn't do so currently. This is a matter of perspective though and dependent on societal level influences. This could be remedied with time.
What people miss is that fiat only serves functions 1 & 3. It is not a logical position to state that fiat serves as a store of value once you understand fiat.
This brings me to this question. Is the best way to increase bitcoin adoption to educate people on bitcoin, or instead educate them on the losses that are hidden from their sight but are real in the fiat system?
The latter would require them to first realize they need a way out of fiat losses and then search and hopefully find the answer that is bitcoin.
Although this may take more time, it may ultimately be a more productive path.
Old article by Pomp but we'll worth the read.
"If you denominate your assets in a store of value that is constantly being devalued, everything you own will appear to be increasing in price."
Your Portfolio Gains Aren't What You Think They Are
To investors,
Bitcoin is a bank. Your wallet holds your bank account numbers for access to your funds. The bitcoin bank will never rehypothicate your funds, make a bad investment and loose your funds, and there can be no "run" on the bitcoin bank. You're money is there and will be as long as you want it there.
It is the answer that traditional banking system customers are looking for.
#fiat punishes the ant and rewards the grasshopper through theft.
#Bitcoin rewards the ant and punishes the grasshopper; both justly so.
Bitcoin is the codification of property rights into an unchangeable law. Bitcoin is the Constitution come to fruition (at least partially), then distributed to the whole world!
Question for nostr.
When creating a multisig, I believe the multisig wallet generates a new PRIVATE key from the public keys of the connected wallets. Is this correct.
And more importantly, how does one recover a multisig address? Does it create a new 12 or 24 word key phrase or does it provide some other way of recovery?
No bank is "safe." None of them have your money. The only thing keeping the banks afloat is that we aren't asking for our money together. No bank is above a run!
Burnie Madoff and SBF are not the biggest ponzi operators in history. The banking system itself is!!!