Announcement📯🎺: You are talking to the Orange Pill App🍊💊 New York City Ambassador!!
I am over the moon excited to work in Bitcoin and with nostr:npub1ve8qwrlztemdmnh62jffcr0y9m9dpqgqjdg8ufx7gc3qw5wdk74qyv9ka6
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GM, another day closer to a deflationary world.
GM, don’t forget to preserve your economizing time today.
Awesome meetup nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h with the nostr:npub1mu7nv2jkaq4xausnn098xc8tp3gzgf2w5r2cj68x8dnns0rktmysnsj5cl and nostr:npub1jxsdx5a644e04ddqpyruep87c7xm6nrygdpr4ry0dzr4kemkdyus3anpr2 team.
Topic of the evening: Bitcoin as a Medium of Exchange.
One of the general consensus seems to be that bitcoin is too volatile to be a MOE as of now.
This brings me back to the root of Bitcoin. The primary incentive for Satoshi’s time spent creating the Bitcoin technology.
When we think about the purpose of Bitcoin- To transact in a peer to peer open verifiable decentralize network
When we think about the value you of bitcoin- the would be value of the fiat currency you hold IF it was real money.
Which brings us to bitcoins volatility. Imagine trying the calculate real world value via money substitutes issued and control by governments, who inflate and manipulate the supply at will. If we factors in all these obstacles, along with human economical interactions, Bitcoin is hashing overtime trying to keep up with human action.
Unlike bitcoin, the reason the dollar doesn’t seem volatile is because there’s no real time dollar depreciation tracker showing the current value of the dollar. Now imagine if there was a real time dollar depreciation tracker. You wouldn’t think twice about stacking and spending sats.
When we think about what is Bitcoin-
Unless you happened to be alive under the gold standard, bitcoin is the only real money you’ve ever known.
Secure the network. Use bitcoin and never buy fiat.
Gm, Equal Opportunity doesn’t mean Equal Outcome.
Fiduciary Media.
Sergio all Bitcoiners would love to do the same. If you could share your process we would be very grateful.
GM, the free market is deflationary.
Bitcoin nodes on the rise. Very nice to see.
Yup
What happens when bitcoin adoption outpaces bitcoin education?
I'm starting to be convinced that 50% of bitcoin holders aren't taking the time understand bitcoin(Saylor was right,100 hour min). This could be a problem when creating and advocating for bitcoin regulations. We don't want regulations that would hinder bitcoin's use cases simply because people don't understand bitcoin.
Bitcoin with central banking is sending the message. Those who understand that bitcoin is repricing the world, understand that TradFi instruments will be obsolete with bitcoin.
Bitcoin technology has never been seen before and humans can't comprehend without using historical reference data but unfortunately bitcoin doesn't allow that process. So we must allow bitcoin to guide human action and verify along the way but the path is not one including the pass.
If one has to be be held accountable than it’s not free.
Holy Shit!!! After epic failures all last year, did I just orange pilled 2 people in the same day 🤯
Competition changes everything.
Block 880085 nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h
Happy MLK Day!
Thank you Jeff, you have turned a light on for me that can never be turned off. I am now at the point where, “I GET it!” The first time I heard you speak about bitcoin it felt like I was learning a completely new language. Now I understand how to speak and operate in a world that should be deflationary.
GM, How high do we go today?
Snoop and Rick Ross at the crypto ball!