Avatar
Hedraios
0ace5084321584fc67174b6ed498d2f033f4398a229e679785388bb4de5a460c
#Bitcoin 🐇🕳️ ⚡️ [Keet.io] [Umbrel] [✝️ 📖]

#Bitcoin in cold storage: easy to hide.

#Bitcoin in cold storage: difficult to steal.

#Bitcoin in cold storage: money for the mature.

#Bitcoin in cold storage: full responsibility.

#Bitcoin in cold storage: absolute control.

#Bitcoin in cold storage: no one owns it but you.

Can anyone point me to a community focused on the concept of mesh networking?

(I.e. a way to preserve some form of internet access / communications in case of autocratic shutdown, war or natural disaster)

The only ideas I have right now are related to Ham radio and a product like GoTenna…

Just this morning had a fascinating 90-minute conversation with an intelligent mathematician. (Doctorate level education).

We got to talking about the concepts of primes, randomness, public private key pairs, and the philosophy of mathematics.

I asked what he thought about digital scarcity.

He said it sounded like I was interested in cryptocurrency, and warned me to stay away from them. I agreed with him that "cryptocurrencies" are scams.

But he couldn't see the value of digital scarcity in relation to money; and how a "digital" thing could ever be money, because it isn't real.He referred to the tulip craze, and said that even a tulip at is core has a commodity value of greater than zero.

While he wasn't ready just yet to engage in a conversation about Bitcoin, it was nonetheless delightful to me that I knew the answers to his concerns and criticisms.

I'm convinced that Bitcoin is the best form of money the world has yet seen.

Reminds me of Jack Mallers a few week ago, talking about how prior to Bitcoin, we just looked around and picked up things that were useful as hard money.

But we MADE Bitcoin. It's purpose-engineered to accomplish what we desire a high-quality money to accomplish.

"Human nature, throughout time, has always manipulated money."

- Jeff Booth

🤡 A lie about value [fiat] = evil money

🪨 Uncommon grey rocks [silver] = okay money

💰 Rare yellow rocks [gold] = quite good money

⚡️ Digital, scarce, immutable, portable, verifiable, divisible, accessible, set of UTXOs [unspent transaction outputs] created only via the unforgeable costliness of a time and energy expenditure = really good money!

#Bitcoin

Not that I claim to own any Bitcoin, but theoretically if I did own some Bitcoin: I'd probably go on walks and repeatedly sing my seed phrase words in my head in order to memorize them; maybe humming them over and over again to the melody of a a common nursery rhyme tune...?

If you can't afford to buy real estate as a long-term financial investment for the future, consider looking into Bitcoin.

A reason that land tends to be valued ("they're not making any more of it") is also true of Bitcoin.

With his casual, comfortable teaching style and Good Natured Grin™️, BTC Sessions lays out a case for a form of digital money that has such a low entry price, nearly anyone can afford to get some!

If you insta-zap me, I will also zap you 🔂

Zapping sats is funny…

Sometimes I feel apologetic for only zapping 21 sats as my default. (Currently less than 1¢)

Other times I think about how much a sat could be worth down the road and think “wow, that’s a lot of future value I am zapping!”