Bitcoin is closer to 200k than zero.
Happy 100k everyone 🧡
This is good news nostr:note1w3tve9yl7wdkfc0ea4qfeafv5l3e7k3w79ezn8ag4302drzf6kpst5ymrk
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m 🔥 nostr:note1pjhdnwc6mt28jks5rdly7mfhjdu4sgr5af0q7x6tg573hc3wnd2shg7nvy
Bitcoin has no intrinsic value, experts are right. Too bad they forget how the financial system has proven time and again that intrinsic value provides no guarantee: rules of the game changing from month to month, privileges rewarding a few, debt choking families.
While central banks and governments play rewrite the rules to their advantage, Bitcoin remains firm: transparent, unchanging, accessible to all.
Experts tell us there is no value in any of this. Perhaps they are right, or perhaps their decline is already confirmation of what they fear most: Bitcoin's success.
The analysis in the new Bitcoin Train article.
nostr:naddr1qvzqqqr4gupzqx67uaxlruf7hpw4f5mtcxdyrq85fn56em4696s3p7020xa34tnwqy2hwumn8ghj7mn0wd68ytn00p68ytnyv4mz7qg6waehxw309ahx7um5wghxxetjvdshgun0wesjumt99uqsuamnwvaz7tmwdaejumr0dshsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshszxmhwden5te0wfjkccte9ehx7um5wfcxcetzwvhxxmmd9uqz2snfw33k76tw945xzueddehj66tww3exjmnnd93j6anpd36k2ttnxfhhvensz83puj
75 megawatts and above only! Important to note that this only applies facilities with an electrical load of 75 MW (page 5 of the below linked rule). Incorrect to say this rule applies “all Bitcoin miners operating on ERCOT”, as stated in the post above, and article. nostr:npub1rd0wwn037yltsh256d4urxjpsr6ye6dva6azaggsl848nwc64ehq60r3ys please make a correction to not mislead your readers.
We can have a more informed discussion about the implications of the actual rule when we’re talking about the actual rule, not a gross misunderstanding of it. On initial reading (note the caveat) this looks to be aimed at grid stability rather than a ploy to vacuum the personal details of home miners, small, medium, and even somewhat large scale miners. 75MW is industrial. Let’s talk about the merits of that.
Sources
1. The actual rule from Public Utility Commission of Texas:
https://interchange.puc.texas.gov/Documents/56962_17_1444154.PDF
2. Press release from Public Utility Commission of Texas:
3. More thorough reporting from Utility Dive:
Thank you, we corrected the article on the website.
Grazie! Penso di aver risolto ora
There's no such thing as a Bitcoin President.
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Bitcoin goes mainstream 🧡
nostr:note1jd3826ctuexhfuvurgmvpwcxtfl3jhht786asj8jyv6y4l8ftwcqydd9qp
Double Attack on [#Bitcoin](/t/Bitcoin) from the ECB and the FED.
The synchronicity with which the ECB and the Federal Reserve attempt to discredit Bitcoin with two new papers—filled with arguments as strategic as they are fragile—is curious.
ECB: In the document titled “The Distributive Effects of Bitcoin,” Ulrich Bindseil and Jürgen Schaaf assert that “Bitcoin does not increase the productive potential of the economy.” They go on to claim that Bitcoin’s alleged value stems solely from “speculation,” which is bound to “benefit early entrants at the expense of newcomers.”
Basically, Bindseil and Schaaf have discovered the wonderful world of supply and demand dynamics within that mysterious entity called “the market”—perhaps too complex to grasp for those dreaming of a Soviet-style economy.
FED: The Federal Reserve of Minneapolis doubles down in their paper “Unique Implementation of Permanent Primary Deficits?” suggesting that if Bitcoin became widespread, the government would no longer be able to generate deficits. “The government could simply make Bitcoin illegal.”
The fallacies in the arguments of the money monopolists are addressed in a counter-paper that debunks the arguments from Frankfurt point by point.
The new edition of [#BitcoinTrain](/t/BitcoinTrain) is now online!
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How to reach mass adoption
David Bailey - 10 years as head of Retail Marketing at Apple and now CMO of Azteco
- tells #BitcoinTrain why it takes changing the #Bitcoin narrative to reach the general public.
“Customers of a technology product are divided into two parts. The 'early market - about 15 percent of the total market - and the mass market, 85 percent. Between them there is the so-called 'chasm,' a chasm to overcome.”
“In Bitcoin we are almost at the end of the early adoption phase and the challenge is to cross the chasm so as not to get lost in the middle. To do that, we need to stop talking about how the technology works and start explaining to people how they can use it safely to gain real benefit from it in their daily lives.”
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👀
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What a week.
📺 Bringing a #Bitcoin Talk Show to Italian TV for the first time ever
🇨🇭Showing how the media sentiment shifts on emerging technologies at Lugano PlanB Forum
🇮🇹 Moderating a debate on Bitcoin and politics between nostr:npub13vepw9xdhjzhp87lv5h7z2jgzteltmzqe4scjsn9dtwwncz6ekms5p489d and nostr:npub1au23c73cpaq2whtazjf6cdrmvam6nkd4lg928nwmgl78374kn29sq9t53j at Spazio21 in Lugano
Money Electric is a documentary that effectively explains several aspects of Bitcoin in a way that is both compelling and easily understandable.
On the other hand, the misleading portrayal of events like the Blocksize War and the relentless search for a conspiracy to destroy Bitcoin—both tainted by the biased opinions of individuals defeated by history, like Roger Ver and Gavin Andresen—undermines the solid foundations initially laid with the description of the technology.
Lastly, such a blatant ad hominem accusation, supported by such flimsy evidence, is ridiculous. Just for the sake of creating a sensationalistic product and selling a few more subscriptions, HBO has endangered @Peter Todd : this is unacceptable.
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"The Silent Adoption: Part 2" is live!
Bitcoin's organic growth, driven by genuine interest and word of mouth, is both its greatest strength and biggest challenge. From grassroots communities to global crises, Bitcoin is silently revolutionizing the world, even without a marketing department.
Explore how the failures of traditional systems become Bitcoin’s unintended advertising, and why its decentralized nature fosters innovation and ideological clashes alike.
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Found it through an adv on Instagram: https://badboytyping.store/
Should I buy it?
