Whenever family asks me flat out “What is Bitcoin ?”…it feels like a knockout punch to the brain and stomach. I feel flustered AF out of excitement because your trying to figure out how not to mess up what could possibly be a life changing lesson for someone you care about.
“Cryptography is only one side of the coin. The other side is the creation and verification of computational proof, which is required to have public data that is auditable, integral, and truthful without relying on trust.” - Gigi
Bitcoin ,not blockchain.
Bitcoin ,not crypto.
Bitcoin ,not distributed ledger technology.
Bitcoin ,not DeFi.
Bitcoin ,not Web3.
Bitcoin ,not CBDCs.
Bitcoin ,not yield farming.
Bitcoin ,not centralized neo-banks that sell you fractional-reserve paper bitcoin.
-Gigi
The Bitcoin will continue to grow and get stronger computationally, economically and memetically.
I’m tweeting a lot of quotes from The Bitcoin wizard Gigi today. It’s just he sums up the magnificence of The Bitcoin so well. For those who study it and attempt to understand it’s power to transform civilisation, I highly recommend his work.
We want to eliminate misinformation and unwarranted FUD around The #Bitcoin naysayers. However we want The Bitcoin to grow in a sly roundabout way organically within the free market…it’s a delicate balancing act.
“A move from winner-takes-all to all-can-win. A move from maximizing growth to maximizing value. A move from quantity to quality.”
- Gigi on vision for a value-enabled web.
“Claiming The Bitcoin network to use less energy exposes you as either naively uninformed, dangerously authoritarian, or both. A decrease in Bitcoin’s energy use is a decrease in security, fair distribution, and resistance to hostile alteration.
If you are cheering for a reduction in hashrate you are cheering for centralization and ease of corruption.”
-Gigi
Listening to Daft Punk “Something about us”…an OST for the connection between Plebs and The Bitcoin .
Everyone is concerned about how will miners be compensated for securing The Bitcoin Network once the mining rewards are 0 around 2140…Satoshi Nakamoto was playing 4 dimensional chess.
He knew that standard and wasted sources of energy would be used once the world realises the powerful tool that The Bitcoin is.
It will take time…but it will eventually it will get there.
Thereafter bitcoin will be at a point where it’s accepted globally as a form of money and more energy can be contributed towards developing apps on The #Bitcoin Network
The #Bitcoin will be many things as it’s a protocol that allows other applications to be build on it that will utilise #bitcoin data for different functions. Money currently is still its priority but once these goals are achieved, one can envision other functions being developed.
@aantonop speaks about this in his work and @BitcoinMagazine recently published an article about the benefits of The Ordinal app on The #Bitcoin Blockchain https://bitcoinmagazine.com/culture/bitcoin-ordinals-need-standards
Mr.Musk commenting on large public figures on Twitter that has generated news in The #Bitcoin space the last couple of weeks has me Bullish AF. He has made comments regarding Apple and The New York Times.
Adopting The Bitcoin will take military back to its original function and culture of defense and attack for nation states. To protect Freedom, Liberty and Justice.
Military structures around the world have become bloated and filled with rent seekers.
Yes The Bitcoin will encourage production and flourishing for our species but those who seek to gain an edge and victory over competition by any means nessacary will need to be kept in check. Disadvantaged Individuals and nations will always need protection of resources.
The Bitcoin community must start to plan for these protection mechanisms not only through software strategies.
I think the core principles result in certain thought patterns and a mindset that all early adopters gravitate to and share. A capitalistic spirit with a good heart towards all living things. We are the innovators and producers, not just consummators. It creates a mindset and behaviour that I like to refer to as The Bitcoin Rule (on my profile page in bio).
The Bitcoin is such an amazing human tool that encourages positive human connection. It not only attracts you through financial incentives from partaking in The Network either with developing, building or investing in it…but learning and studying it, depending on the individuals journey it can appeal to so many different facets in life that it can initially feel beautifully overwhelming. All individuals will be drawn towards what they most relate to. There will be many others who also choose to specialise in that facet of The Bitcoin so as a result you would have Bitcoiners that agree on the core principles of what Bitcoin are but maybe choose to socialise and connect more with a community focused on that specialised interest.
It will be very interesting how it will affect the social dynamic of society not only on a personal or professional level but global too.
I believe if computer programming becomes compulsory for all professions, then we will have amazing development and growth with software solutions to problems in the different sectors of the economy.
I believe The #Bitcoin Network will improve the education system.
Are intelligent social A.I bots on a social media network a bad thing for mental health? Especially for feelings of loneliness and depression experienced by many who utilise social media for online social connection.
Would it be a bad thing to create intelligent social A.I bots who the user would not be able to easily tell the difference whether he/she was interacting with another human being or A.I bot.
This A.I bot could develop a healthy social connection with the user which in turn create a healthy mental and physiology response in the user.
Will someone offer me SATS for this idea?
There are many software non-custodial solutions for protection and security of property and privacy rights over your #Bitcoin through smart and intelligent coding mechanisms for The layers of The #Bitcoin protocol
Different parts of the world will require different means of protection of those rights and assets due to different environments and laws, there will be parts of the world that through poor fiat infrastructure will suffer from crimes and injustice for many years…
even after Hyperbitcoinization, to offer security and protection in these unsafe countries for assets, it will require an armed force for these services as it transitions and elevates its living conditions for its citizens through an improved free market system.
El Salvador will create enormous wealth from Hyperbitcoinization. It will develop an impressive armed force that through its global camaraderie towards Bitcoin friendly nations will offers it military support to protect assets as the economies improve from Bitcoin adoption.
Not sure if the best approach in wanting fairness from how different entities treat and give opinion on The #Bitcoin by comparing it to other forms of energy usage. It’s like the nagging kid in class that compares him/herself to everyone in the world.
Let The #Bitcoin shine on its own brilliant merits.
Want to create a platform on Nostr to own and sell ideas between users. The platform will offer services to ensure your ideas are legally yours through patent law.
Can someone offer me SATS for this idea in the comments. I will confirm sale by liking your offer.