Avatar
Priyankar Roy โˆž/21M
187ecad230b0f453352de7c3a56ea6e437cb892cf2a99f8e0692b63ebdd561a6
Bitcoin๐Ÿงก

Already writing a book on BTC and looking optimistically launching it to the event with all great loving maxis โ€ฆbut to reach I need support and help from you all Ser as much as possible โšก๏ธโšก๏ธ๐Ÿ™๐Ÿปโœ๏ธ๐Ÿ’œ

Far behind but looking for some support and help from this big hearted BTC community ser. 1M goal

Thanks for the 5k Zap โšก๏ธโšก๏ธโšก๏ธโšก๏ธ๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป very helpful to reach my target ๐Ÿ™๐Ÿป

Need a million sats for I have to attend few conferences lined this year. ๐Ÿ‡ฎ๐Ÿ‡ณ and ๐ŸŒŽ

Short of funds. Need support and zap โšก๏ธโšก๏ธ๐Ÿ˜‘

#[0]โ€‹ thanks for 21 sats zap โšก๏ธ ๐Ÿ™๐Ÿป

Honest people make #Bitcoin community. Honest networks come out of the community. #Nostr

Dishonest people make crypto communities just to make money out of others. Their sole purpose

Crypto is useless and it will be used less.

#Bitcoin is the only true innovation the only cryptocurrency which solves the most important dilemma of human life, the money.

Will love to see your comments, views and opinions on this.๐Ÿ‘‡๐Ÿผ

Letโ€™s spread the #Bitcoin vibe all across so that the Fiat maxis will start thinking

https://open.substack.com/pub/priyankar5k3z4/p/bitcoin-fiat-currencies-and-their?r=tm4ln&utm_medium=ios&utm_campaign=post

#Bitcoin is your vote for prosperity, health and happiness.

Volcano ๐ŸŒ‹ Bonds

#Bitcoin

Nostr without sats are nothing.

lnbc19990n1pjqtl26pp5x93kzdhcq6c4w89xyj7p8rkj5ugx6hmkmc64v7j98082umqx4wcqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5amjwmp6d9s93f7vz5v802azdnmypdg9k3wp4vjhuhhd5axjeraps9qyyssqerja80xh8prndzssvz2rl7pruglqzft3q8y0ckpezr9um4q5h4hqe59gakveyas39fwg3xcecfp5j7kea8au7354kuv0kptj6cewmlsp60y8rl

#Bitcoin โšก๏ธ

BITCOIN, FIAT CURRENCIES AND THEIR VALUE

As you eye through the title of the piece you must be thinking of all possibilities Bitcoin can fulfil in our life. Well, yes youโ€™re right. Thatโ€™s what we will read throughout in a different way. Stick yourself till the end as you may not be able to skip a word of it here.

Bitcoin is not a coin. Bitcoin is the only real innovation which is always behind everyone of us that canโ€™t be seen and often ignored by many. Bitcoin is the technology to replace cash in hand. We feel good when we have currency notes in hand, we feel better when we save a few. What if I say, the money saved is the money lost? Baffled? You read it right, your earned money saved is money lost every second of your life span. The statement is backed by the currency notes being incessantly printed out of thin air by the Central Bank. Bitcoin on the other hand doesnโ€™t let anyone to print it out of thin air. In order to bring Bitcoin in circulation you have to mine. Mining here means solving mathematical riddles. To solve those math you need energy, typically electrical energy from CPU, the source of which may be the flared gas, flowing water, volcanoes,etc. The more energy you provide the more probability of you being solving the math. Once a math problem is solved, Bitcoins are rewarded to the miner, who sells the unit reward on the market for a value. So, by now we are pretty clear about the fact that Bitcoin is not printed out of thin air instead it is mined with energy or work. So we may conclude here that our national currency notes are backed by thin air while Bitcoin is backed by work and energy. Hence, Bitcoin is valuable while national currencies all over the world are rapidly loosing value.

Bitcoin is an idea. An idea in its current form powered by text. The Bitcoin whitepaper is text. The software which is run by its node is text. The ledger is text. Transactions are text. Public and private keys are text. As we know text is speech and hence Bitcoin is equivalent to speech. In every free nation free speech and free softwares are unstoppable. Thus Bitcoin is a valuable text which is censorship resistant due to its long accumulated history of computations which can never be tempered. While national currencies can be censored by Central Banks or Governments in power as we have seen in country like India where currency notes overnight termed as โ€˜not legal tenderโ€™ by Government out of will.

Bitcoin, this is a valuable bearer asset whose supply is hard capped and can never be changed no matter what. The best part of Bitcoin protocol is the difficulty adjustment. As we know Bitcoin is mined by energy through work so any powerful company can insert more energy/electricity to mine more Bitcoin. But the difficulty adjustment proof of work makes it impossible for any mining institution to mine Bitcoin within 10 minutes no matter how much energy or electricity is pitchforked through work. This makes Bitcoin the most valuable innovation for the generations to come.

Working for the Bitcoin only companies bliss. Will work for Bitcoin Education in Africa.

Working for Satoshis is the revolution. #Bitcoin