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10,000 sats if you can defend against such an argument 🤙pv

#bitcoin whales fuck up the game theory of a "great wealth transfer" or disrupting the status quo. 85% of bitcoin is already held and 15% left to mine. if you are poor now you will still be poor on a "bitcoin standard".

$boost

#grownostr

#plebchain

mutatrum 2y ago

Same argument in 2010. Same argument in 2023. And in 2050.

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Discussion

Richards_Barb 2y ago

lol. I wish I still had my coins, from 2013.

MKD Podcast 2y ago

what were they worth then?

Richards_Barb 2y ago

Probably around 0.5 or 0.25 bitcoin, from my tiny, bitcoin miner. I should have kept that wallet. 😪 I want to get back into mining, now, but is it worth it?

MKD Podcast 2y ago

i bet not. do you recall what amount of bitcoin were mined every ten minutes when you did mine?

Richards_Barb 2y ago

Infinitesimal amounts. I should have stuck with it. Bitcoin just seemed less reliable than stocks - back then. What do miners use, these days?

MKD Podcast 2y ago

sorry, i just started my mining journey with my jade wallet. its just a novelty or a lotto miner my chances of discovering a block is about the same odds 😄

Richards_Barb 2y ago

Interesting. How much do actual miners go for, these days?

MKD Podcast 2y ago

was it true then and true now or nah?

mutatrum 2y ago

Do you think ichi missed the boat with 600?

Richards_Barb 2y ago

I definitely feel like I missed the boat 😅😪

MKD Podcast 2y ago

i think their exchange value was of no consequence at the time. its like trying to hit a moving target i guess 🤷🏾‍♂️