“Proof of work requires Bitcoin miners to process around 10**22 numerical bits of dirt and rock to find our numerical gold nugget”
Paraphrase from ‘Programming #Bitcoin’ by @jimmysong
Interesting #Bitcoin fact
The TimeStamp in the Block Header is a Unix-style timestamp which counts the number of seconds since January 1, 1970.
The timestamp is used with timestamp -based locktimes on transactions & adjusting the difficulty level every 2,016 blocks.
Apologies Anon, I’m drunk and my mindspace is all messed up. What I meant to post:
“Imagine Anon, we figure out how to transfer our consciousness into the cloud .
We can travel in cyberspace with our #Bitcoin forever in time. 🧡”
Imagine Anon, we manage to create an artificial version of our consciences and load it into the cloud.
We can travel in cyberspace with our #Bitcoin forever in time. 🧡
“As we reshape our environment, we evolve to meet the demands of the world we’ve sculpted, co-evolving with our technology in a self-reinforcing symbiotic cycle- a perpetual dance of technological progress and cerebral expansion.” @IoniAppelberg
With our species delegating more of everyday tasks to technology it frees up our minds and bodies to focus on other tasks…
What tasks you ask Anon?
Who knows🧡💁♂️ Our imaginations and creativity will lead the way in ways we cannot fathom yet.
The #Bitcoin is a universal economic language.
I will willingly go to War for all that #Bitcoin represents and the world it will provide for our family and friends.
I will not willingly go to War for FIAT.
Soldiers that sacrificed their lives in World Wars that have passed, fought for things, #Bitcoin represents.
The #Bitcoin is the right type of distraction from the FIAT reality.
When #BTC becomes the global 🌍 monetary system & ticks off all our criteria and understanding of moneys functionality (store of value,unit of exchange & unit of account),take note of the following:
There will only ever be 2,100,000,000,000,000 SATS ever for the global economy.
Every SAT is valuable Pleb.
Every SAT.
Stay humble, Stack and Store SATS accordingly 🧡⚡️🫡
Take note though, how we want our money to function will change as we advance as a society.
#Bitcoin is scarce, fungible, divisible, portable, censorship resistant & most important…
Digital.
It’s perfectly engineered money that is programmable.
The #Bitcoin can evolve and adapt to our environment.
I am all for this peaceful, disruptive revolutionary technology🧡⚡️🫡.
I am all for this protocol.
I am all for this movement.
I am all for this change and pray 🙏 that God prepare and strengthen us for any unforeseen consequences that may arise during this transition.
Satoshi’s wallet (containing 1 million #btc ) utilises the Pay-to-Public-Key (P2PK) which is a type of ScriptPubKey which locks bitcoin to a public key. According to some experts, this transaction mechanism is vulnerable to Quantum Computing.
Satoshi.Nakamoto was the first software engineer ever to introduce a monetary policy to a digital currency. Previous digital cash projects made links & focused on proof of work,control of censorship,transaction utility & the Cypherpunk ethos of freedom and privacy.
Thoughts taken from @dhruvbansal on #Bitcoin
We must always be concerned about what tomorrow can bring but not let it define our present moment.
The skill of balancing your time preference improves when living, working and playing with #Bitcoin .
Dr. Ion Appleberg’s book ‘Abundance through Scarcity’ is quickly becoming one of my favourite books on #BTC .
Worthy mentions are:
-Why Bitcoin by T.Strolight
-21 Lessons Learned from Falling Down the Bitcoin Rabbit Hole by DerGigi
There is so much great #BTC content.
With technology, what once seemed like a magic trick is now considered an engineering problem.
The #Bitcoin is magic internet money🧡
Unpopular thought:
Bitcoin maxi’s complain about inflation because all our financial resources go towards #Bitcoin and nothing is left to live. 😂🧡
To play off the quote by American attorney and abolitionist Wendell.Phillips
“What gunpowder did for war, what the printing press did for the mind, #Bitcoin will do for the evolution of civilisation”
The #Bitcoin is a ledger of truth. It can be the true measuring tool for what the free market deems valuable.
Can we not use all that information on the #Bitcoin ledger to program an A.I and find some use for it?
The #Bitcoin is immortal money.
We now have digital data that is absolutely scarce, durable, fungible, censorship resistant and verifiable (without 3rd parties) & native to the internet in its application.
We are entering a new frontier, a new epoch.🚀🧡⚡️
Bartering is not a human invention. It is a deeply rooted economic behaviour predating billions of years where organisms have been trading sustenance and information in symbiotic relationships.
The #Bitcoin rabbit hole.