There are many systems to convey ‘information’ but the bit carries the tiniest amount of information possible & because of this, more complex information can be conveyed with multiple bits.
The #Bitcoin has an absolute scarce amount of #bitcoin. A scarce amount of bits.
“Binary numbers allow arthmetic and electricity to be united. Switches, wires, and lightbulbs can all represent the binary digits 0 and 1, and with the addition of logic gate, these numbers can be manipulated” - Quote by Charles.Petzold from the book ‘Code’. 🧡⚡️🫡
Once Upon a Time Anon, computer machines used decimal instead of binary numbers 🤯🧡⚡️.
Think about how employees morale and work culture will benefit working for a business that pays them from an app that records the financial performance of the business and can payout salaries with smart contracts on #Bitcoin .
The better the company does, the more everyone will benefit because there will be pseudo anonymity and transparency on The #Bitcoin triple entry accounting ledger and every employee can see and be assured they’re receiving fair compensation based on the performance of the company
It will encourage a healthy, competitive, productive camaraderie amongst co-workers as everyone gets their fair share of the pie not based on their performance alone but their colleagues performance too.
When this time comes, we will start from 0000AH (after Hyperbitcoinization) from that Block height when the Unix Timestamp runs out of space.Time before that will be labelled as ADH(Anno Domini (Latin for “in the year of the Lord) Hyperbitcoinization)
0000 ADH could also be an acronym for ‘year of Bitcoin’.
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.
‘It will take approximately 136 years from the inception of #Bitcoin (2009) to reach the maximum timestamp value. Therefore, the Unix timestamp in #Bitcoin is not expected to run out of space until around the year 2136.’ - ChatGPT3.5
When 2136 arrives, The #Bitcoin will be so ingrained in our environment (Beyond Hyperbitcoinization) it would have us dependent on its timestamps to dictate time to us. But when space runs out,we will have to adapt to 10 minute intervals when Blocks are added to the TimeChain.
We will be able to adapt because our current connection to pace of time will be very different for how advanced society will be then.Our physical bodies will slow down because almost all labor will be robots but our minds will move quicker because more time can be given to mind.
More time can be given to exploring our minds and expanding our consciousness.
Thoughts inspired by an episode of @FootprintShow featuring hosts @BtcPseudoFinn & @knutsvanholm with guest @MichaelDunwort1
#Bitcoin is finite.
Fiat & Crypto is infinite.
Choose wisely.🧡⚡️🫡
The #Bitcoin creator, Satoshi Nakamoto in Japanese indicates a person who keeps a record. It simultaneously means wisdom inside the book.
Wise indeed you were Satoshi.Nakamoto🫡⚡️🧡
I don’t see green candles.
I see more Truth, more Justice, more Liberty, more Love, more Prosperity and last but not least Freedom.
🫡⚡️🧡
“#BTC ,as an immutable memory storing technology,now replicates the cosmic ledger on the Internet. It now firmly places the law of karma (cosmic ledger of the universe) into human hands,allowing each of us to actively engage in a force of equanimity that brings balance & harmony.”
Quote taken from @nozomimagine
#Bitcoin encourages localism 🧡⚡️🫡
“While money can always buy power, power could now buy money, and without economic calculation.”
Quote from Allen.Farrington on Fiats effect on the political economy, taken from the article titled “The separation of Money and State”
#Bitcoin's biggest daily green candle occurred on April 13, 2021. On that day, the price of #Bitcoin surged from around $59,000 to over $64,800, marking a significant increase of approximately $5,800 in a single day.
“Bitcoin takes money out of the arbitrary realm of decree and puts it squarely in the deterministic realm of science, technology, engineering, and math (STEM)” - @TomerStrolight
The #Bitcoin is The #Bitcoin. There is and will be no 2nd best.
#Nostr is still finding its feet and waiting for its killer app.
Successful Fiat Entrepreneurs are a special breed however I think any human being with the right motivation and ‘why’ can achieve almost anything they apply themselves too.
The #Bitcoin will allow entrepreneurs and companies to grow, flourish and prosper for the right reasons.
“many workers in existing industries will be stranded on the wrong side of software-based disruption and may never be able to work in their fields again. There’s no way through this problem other than education, and we have a long way to go.”
Study #BTC .
How The #Bitcoin is merging with the energy sector:
-Efficient Management of Electricity Grids
-Mitigation of Natural Gas Flaring/Venting
-Accelerating adoption of Wind and Solar Energy
-Improving the economics of Nuclear Power
-Development of Ocean Thermal Energy Conversion.
-Untapped Heat Recovery
-Geothermal and Hydroelectric Energy
Taken from theirm.org/news/bitcoin-a…
“As soon as #BTC is mentioned as a new breakthrough technology to traditional investors, automatically they apply the framework that usually the 1st mover in a technological space is not the winner eg Facebook replacing MySpace or IPhone replacing Blackberry. As soon as you distinguish between #Bitcoin and #bitcoin , it clicks. The difference between the Decentralisation & Security of The Network coupled with the monetary properties of the digital token within that Network”
Paraphrasing Chris Kuiper, The Director of Research for Digital Assets from @Fidelity on the stunning @natbrunell podcast Coin Stories.