Ok, watched some videos you guys recommended & read some crypto historyโฆ
Converting all ETH to BTC ASAP! Thanks for educating me!!
Discussion
One of us.
๐ซก
๐
Hallelujah brother
Get in touch with me now via simpleX Chat๐
Nailed it. Bitcoin has a programmed supply to the year 2140. Etheriums supply is dependent on a small number of individuals. No contest.
Bruh
Good move. Welcome to the light side.
Good job man! There's a reason why we're Bitcoin only ๐
Get in touch with me now via simpleX Chat๐
good preventative treatment! KB MD
Get in touch with me now via simpleX Chat๐
Oh wow - you were holding Eth?
Glad you found out why that's not such a good idea for maintaining your purchasing power.
Focus on the signal & ignore the noise ๐ค
Well... that was fun to watch! Cheers! nostr:npub1kyk7ac33apd7cx0nun3laevf84zfhr8pt8kj4h8v7cpx9t72d4gqkyea0g
Get in touch with me now via simpleX Chat๐
Proof of work ๐๐๐
Get in touch with me now via simpleX Chat๐
it'll be apparent in a very short period how massively positive that move was Dr. Berry :-)
Get in touch with me now via simpleX Chat๐
Nice!
Maybe you'll follow Saifedean Ammous and Lyn Alden. Two greats in the education of Austrian Economics..๐ฅฐ
Get in touch with me now via simpleX Chat๐
you all make me sick.
every last one of you.
i will spit in your face if we meet.
i have never seen a more pathetic bunch of subhuman beings in my life
Get in touch with me now via simpleX Chat๐
You are a fast learner ๐๐ฝ
Big rewards for those who focus on hard money
Youโll not regret ๐ซก
Nice! Smart move! ๐ ๐
Everything goes to 0 vs #Bitcoin
๐ซก
DR. KB can U recommend an artificial light for Eskimo foot fungus in winter?
Get in touch with me now via simpleX Chat๐
Way to go good doctor. To listen and test is a wonderful thing. 3 years no type 2 due to you.
Get in touch with me now via simpleX Chat๐
Meme coins, NFTโs are candy. ETH and SOL are bread and rice. BTC is like a ruminant that ate good grass all its life. Jaja
Get in touch with me now via simpleX Chat๐
Interesting! What made it click for you?
Maybe he saw thisโฆ ๐ ๐คฃ
https://video.twimg.com/ext_tw_video/1836274030644727814/pu/vid/avc1/720x1280/DWNBIjeFGl68jJJR.mp4
๐ช๐ซถ๐ซก
Get in touch with me now via simpleX Chat๐
Sure ๐๐๐๐๐
๐๐
Get in touch with me now via simpleX Chat๐
Welcome brother
Get in touch with me now via simpleX Chat๐
๐ซก
Yess! That was fast!
Followed. Absolute legend.
A sign of a man who knows he doesn't know it all and is willing to always learn more. Well done, doc! ๐ค
*insert this is the way GIF
This is the way.
So happy if we can give back a bit for all the good you've done through education on nutrition and quality of life.
Good move, welcome to sanity.
Good move!
thanks for taking the time to differentiate the BTC and crypto
I did that a while back. Got my crypto degree after getting burned during the ICO era. Same with trading with leverage. Now I just hold Bitcorns. Dollar cost average on the regular and build your nest egg.
just in a nic of time!
Maybe have some Monero on hand as well. Maxis trash on Monero, but I wouldn't.
You can always use Bitcoin anonymously, but you can never verify Monero.
How can you do that if even Chainalisys can take a look at who's using BTC anonymously?
Buy without KYC, use without KYC
But you cant ever transact on Bitcoin privately. Different thing entirely from anonymity (technically Bitcoin is not even anonymous, but pseudonymous)
When they update bitcoin with silent payments it might work
Silent payments are only for recipient privacy and it is more like obfuscation. Definitely an improvement, but doesn't help sender or amount privacy.
It doesn't work as well on a transparent chain. Counter party can still easily figure what address it went to. Even third parties can figure it out if they know 2 of 3: time of transaction, amount, or sender address
Still might work eventually. The end state would be the same as Monero - some people have their security compromised, but most people cannot be tracked down via their transactions and most people's money cannot all be tracked down without their keys. The IRS loses the ability to just freely track everything at once in one big comprehensive view.
If you use pseudonymity correctly, it is effectively anonymity
Putting aside that important caveat ("IF you use pseudonymous correctly" - most users can't) anonymity is not privacy. It's a transparent blockchain.
I think that it is possible to have solutions on layer 1 which make it much more convenient to use pseudonymity correctly. It's also possible to get much better privacy and less transparency on layer 2+.
None of your criticisms appear severe enough to sacrifice the money part of money. For all you know monero could lose 1/3 of its value over the coming year due to obfuscated insider action or some glitch.
"It's also possible to get much better privacy and less transparency on layer 2+"
Agree, which is why an L2 on an encrypted base would be ideal for private and anonymous transactions. FCMP enables that.
"None of your criticisms appear severe enough to sacrifice the money part of money."
Fungibility is also a money part of money. A transparent crypto introduces more friction to that being an MoE even if you have an L2 on top.
LFGGGG
myman.gif
I haven't converted what I have yet, because I believe in the need for an income stream as well as a nest egg. But I stopped putting new capital into anything other than Bitcoin a few years ago.
The only income stream built into the Bitcoin system is mining. Which is difficult if not impossible to get into properly without a large amount of initial capital, which I do not have.
If you believe in the bitcoin thesis, that all other assets, currencies, and commodities will collapse in price in BTC terms, why would you want any โincome streamโ in anything else? Wouldnโt it be possible to sell smaller and smaller amounts to finance your life at BTC increased in price?
As strong as my faith in Bitcoin is, I don't believe that Bitcoin will ever be the "only" currency in our civilization.
I hear what you're saying, though. If we are hard core into the Bitcoin ethos, then the only way to buy sats would be through proof of work and passive income is not work.
In terms of financial health, Bitcoin is all you need.
A new maxi is born. ๐ซ
Eth history is rough lol Eth freaked me out ever since the that big eth miner literally censored at the block level with I think it was tornado cashโฆ wild.
Glad more docs are leaving the matrix. We need more good guys for good health living in the future
Nothing stops this train . . . from going over the cliff.
ETH/BTC weekly chart since inception. Notice the descending channel (blue). No Bueno.
nostr:note13ykq3jl4ec75m0l488hfka3t0g26hhyu44h76g5prmw9uprtd4qstullyw
Read "The Bitcoin Standard" Doc
Re-reading it right now nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
We buy bitcoin and smoke shitcoins
Yes!
ETH was dead the day it moved to POS
Awesome ๐
next step. donโt lose your bitcorn! learn multisig with no single points of failure.
There is no "2nd best"