Having a chat with a friend today, and he was asking me about someone he knows that had a bunch of Bitcoin. This person he knows had passed away and he asked me what would happen to the lost Bitcoin. Of course I gave him the predictable answer of: unless his estate has access to his private keys (or mnemonic) they're gone for good, so I'm a way, everyone else's Bitcoin becomes marginally more valuable.

None of this is surprising to Bitcoiners. What I find interesting though is the disconnect that people have: we were all presumably taught at a very young age that with our allowance money from our folks, or birthday money from family etc, that we should be careful with our it because if we lose it it's gone for good.

Because Bitcoin is digital, the disconnect arises because we've become so conditioned by the banks that our digital money is insured and "safe" with them. The classic example being if our credit or atm card is compromised, we're covered against the fraud loss. We need to get back, as a society, to the mentality of the personal responsibility that comes with self-custody and exercising the caution and planning (eg estate planning) that goes with it.

Bit of both brotha, just wanna make a more relaxed styled/funny podcast, there’s too many people in the space currently that use terminology that the average joe just won’t understand, it’s more enjoyable coming from a pleb who people can relate to, I ain’t bothered about sounding smart, I just want people to understand🤣

😎🤝 no bullshit podcast, straight pleb talk.

Plebcast.

I don’t think y’all are ready for the amount of autism I’m about to release…

Coming soon. 🎙️⏳

NPR quitting twitter is actually pretty cool, y’all see that?

Regardless of your politics/opinions on certain coverage of theirs, would love to purple-pill them and get them on #nostr

Don’t argue with people who think from the jump that using energy and more of it, unless they agree with its use, is bad.

It’s a waste of energy. Keep moving 😎

New York Times Bitcoin FUD pump 👌

If bitcoin miners can afford to pay for their electricity at the prevailing market rate, then they are no different from any other consumer of electricity. The end.

My dad smoked, and he rolled his own cigarettes. One winter day of -4 °F/-20 °C a guy asked him how he could do that and why he didn’t wear gloves?

“I wear gloves when it’s cold”, my dad answered.

Dad was based.

RIP ❤️

Thought experiment (Possible?) 🤔

For #Bitcoin to reach a price of 500k - 1M per coin from its current price of 28k, several specific factors would need to come into play at the global stage.

Given the current state of global economic and political events, it would require a substantial and rapid shift in market dynamics.

Some of the most specific factors that could contribute to such a massive price increase include:

1. Widespread loss of confidence in fiat currencies:

Growing concerns over the stability of the US dollar could lead to a loss of confidence in other fiat currencies as well.

Which citizens would turn to #Bitcoin as a safe-haven asset.

2. Accelerated institutional investment in Bitcoin:

Major financial institutions and asset managers, like BlackRock, would need to make substantial investments in #Bitcoin, pushing the price higher.

3. Increased adoption of Bitcoin as a reserve currency by governments:

Countries like Malaysia, Saudi Arabia, USA, Russia etc, would need to begin holding #Bitcoin as a reserve currency, further legitimizing its use and increasing demand.

4. Widespread retail adoption of Bitcoin:

For #Bitcoin's price to soar, it would need to become more widely accepted for everyday transactions.

This could be spurred by companies like

@Apple

and

@Twitter

integrating #Bitcoin into their products and services, increasing its utility and demand.

5. Favorable regulation for #Bitcoin mining:

Governments around the world would need to adopt policies that protect and support #Bitcoin mining, such as the bill passed in Arkansas by the intense work from

@Dennis_Porter_

,

@SatoshiActFund

and

@BitcoinPierre

with many many more.

While defending other states, avoid creating a negative and anti-#Bitcoin mining narrative and legislation.

6. Significant global economic or political upheaval:

Events that lead to a loss of faith in traditional financial systems, such as the Federal Reserve's digital currency plans or China's growing influence, could drive investors to seek alternative stores of value like #Bitcoin.

7. Massive increase in demand for #Bitcoin driven by social and political movements.

We see it at the global stage daily...

People who say it cannot be done should not interrupt those who are doing it 🧡

Put your #BTC in Cold Storage 🧊

What would you add? 🤔 👇

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

You would probably know better than me, man. Honestly, I haven't been keeping up much with the whole corporate approach towards BTC.

You would think that they would be smart enough to buy BTC itself. 🙄

I’m having conversations with a fucking bot, I really need to go to sleep.

I just did it too!

for i in range(1,21000000)

print("Bitcoin")

Whew!