🟠 Andreas Antonopoulos describes his first experience learning Bitcoin 👀
“It’s a never ending journey of discovery.”
I will never no everything about bitcoin
https://video.nostr.build/934416c9dbabb7449c708eb2c3a12d4bc7a68284e5ae50ad9a78c2824df0ea9f.mp4
"To eat, I had to stop Reading". How bad ass is that!
#Bitcoin changed the shit out of me the past few years.
It changed the way I think, talk, play, and what I value.
What was valuable to me then may mean shit today, and vice versa. It changed the way I see the world.
Bitcoin game theory at play! 👌
It's their loss 😁
I'm literally witnessing NOSTR grow by the day. There was a time not too long ago when I understood less than 5% of the global notes.
More people are joining and posting about normal things now!
#Nostr
I currently have both setups and I primarily use the custodial wallet for that reason.
I wrote this because some fellow plebs are writing poems out there about how easy and convenient it is to run the full setup, so I wondered if I'm not up to speed on lightning or that they're simply wrong/misleading.
Let's be honest for a second. Using Lightning the proper way is hard. I mean running a node and managing channels and liquidity is not easy or convenient today. Not for personal use at least.
Doing that today feels like driving a 2024 Ferrari on a dirt road in the year 1600. Back when auto infrastructure wasn't even an idea.
Am I missing something?
#Bitcoin, #Lightning
Video #Games are becoming more like #CGI movies and less like games.
A game today is movie where you get to click a few bottons every 9nce in a while... Ridiculous!
Video games died in 2010.
I've never used #Twitter. Who else can make this claim?
Here's my motto:
If it's on the NEWS, it's propaganda or a biased opinion at best.
Someone will always want you to think a certain way about certain things all the time.
Bitcoin Crash is only BAD for traders.
As a Hodler, I am ecstatic!
#Bitcoin, #HODL
#Bitcoin is not expensive. Your #Money is worthless.
I learned to ignore the crypto bots, but I notice a surge of personal accounts (could be bots) and mainstream media accounts spread totally fake news that incite hatred and violence between different groups. Some are AI generated fake images with the same mesaage "this group of people is the cause of our struggle".
... Very disturbing
#History should be more properly spelled as "His story"
I very much believe it!
You found the truth, TruthSeekerX! 😉
I think you misunderstood my point. Bitcoin is not a technology, its a protocol. A self sustained peotocol, a living thing, just like languages, or the game of chess... And I wasn't trying to attack crypto. Not at all! And I didnt mean to rub you the wrong way. I'm just pointing out why bitcoin will be the only thing that will last because of its nontrivial properties, namely, its supply cap of 21 million, proof of work and the difficulty adjustment. These properties are the only reason bitcoin will outlast every technology, including crypto.
Let's say there's 1 crypto that has mining and the difficulty adjustment but its supply isn't capped, you will essentially be running fiat on a blockchain. You will not be able to measure deflation in in the free market. Things may be cheaper to you relative to fiat holders, but you can't measure the deflation. Absolute scarcity is very very important here.
Let's then say another crypto has both features I mentioned earlier, then you will indeed be able to measure the de flation due to productivity, but not the boost from new adopters because of the network effect. In this case, since bitcoin is the first in the block, it will invite more adopters. So things will indeed get cheaper for you over time compared to measuring in fiat, but bitcoin hodlers will enjoy far greater price deflation as a result of the network effect. This will translate to price increase when measured in fiat, and this will invite new adopters, ans so on....
That's precisely why a new crypto with exactly the same features as bitcoin will eventually die out, as they do.
This new crypto will be akin to a new language. Chances are, unless this language solves a new problem that forces or invites new adopters, it will die out because most people will stick to and keep using the big ones, precisely because more people already speak it.
I'm not trying to trigger people. This is an invitation to really look into bitcoin. There's a reason it works. But if you like crypto and want to use it, more power to you.
If you tgought my note was an attack on bitcoin, you don't understand Bitcoin. Bitcoin is the only thing that will remain, thanks to Proof of Work via mining and the difficulty adjustment, keeping bitcoin anchored to the fiat Matrix and thus measure everything in it, thanks to Bitcoin's absolute scarcity. If you don't see this, you don't see bitcoin