Bitcoin is for everyone but only certain types of people should go all in.
Are you willing to look like an idiot in the short term to look like a genius in the long term?
When someone asks the difference between NOSTR and WEB 3 Apps?
It has more users than investors.
I like to start with that.
Experts get stuck within the prescribed boundaries of their field. Breakthroughs in science come from outside the system.
The Wright brothers were not aeronautical engineers they were mechanics.
Einstein was a mathematician not a physicist.
Satoshis discovery of Bitcoin, another classic example.
The Lightning network ⚡ fires me up because I'm not here for digital gold.
#Bitcoin's mission is to end central banking.
What could be more magnificent than disrupting the cartel of puppeteers who micromanage our daily lives through their control of money?
Average Bitcoin pleb watching the chaos when the next wave of money printing hits
Nobody is more important to Ethereum than Vitalik
Nobody is more important to Cardano than Hoskinson
Nobody is more important to Solana than SBF (😂)
Nobody is more important to #Bitcoin than you
He gets zaps on nostr
John Mcafee:
-Bitcoin Billionaire
-Married a prosty who was hired to kill him
-Lived on a boat in the caribbean with armed guards
-Hacked Hillary Clinton by sending her staff free computers
-Escaped captivity in Guatemala by faking a heart attack
I wonder if hes on Nostr
How to explain Ethereum to new Bitcoiners:
Imagine if Satoshi:
💩 Premined 14M #Bitcoin and gave it to his private investors.
💩 Removed the 21M Supply cap.
💩 Removed POW mining for bitcoin and instead new bitcoin is allocated as interest to the existing holders
The ⚡Lightning network's current capacity is ~ 5000 #Bitcoin .
Saylor alone could significantly increase capacity but if tomorrow he opens a channel with 1000 BTC would this increase the network efficiency?
Not necessarily. Let me offer an analogy in the form of sports - Consider the 'Ewing theory'.
Coined by Bill Simmons, This theory describes the observation that the New York Knicks always seemed to play better when their best player, Patrick Ewing, wasn't playing for them.
Most pundits acknowledged this was true; but the best explanation of why this was the case was the observation that Basketball is similar to a network problem.
Players are attempting to route the ball into the net and are looking to find the most efficient path.
In network systems there's a well known paradox that can explain why adding a star player may actually make the network less efficient overall.
This is known as Braess's paradox.
The idea is that adding additional capacity to a network can actually make the network operate less efficiently.
This is because the change in capacity can create incentives for individuals to make suboptimal choices, leading to congestion and other inefficiencies.
In the Basketball example:
When a team’s best player is not on the court, the team is forced to make harder, lower-percentage plays and to share the ball.
And when the team shares better, it plays better.
The Ewing theory is a fun example, but this isn’t just a hypothesis.
Braess’s paradox has been shown to appear in all kinds of networks such as traffic and electrical grids and there's a formal math proof to explain why this can happen.
So back to our lightning network example, if Saylor opened up a large channel would this increase efficiency?
Intuitively it seems like the answer is yes, but it's actually very hard to know and in fact it could lead to an even worse outcome.
Passing round zaps on Nostr
When you're stacking sats
Now we have nostr and it doesn't really matter how they vote.
No One:
Nobody:
Literally Nobody Ever:
"I trade bitcoin to accumulate more ethereum"
The age of the sovereign individual is here.
- Decentralised social network
- Remote work loosening corporate control.
- Home schools to educate the kids instead of public schools who re-educate the kids.
- Bitcoin returning freedom to money.
They call Bitcoin a religion, well they can say whatever they like. I'm motivated by truth and reason and the desire to see humanity freed from the grips of fiat slavery. This is what sets me on fire. There's 10 million other people just like me who will sit on their bitcoin for entire generation if that's what it takes.
Fiat cannot win.
Deflation is a natural consequence of technological progress.
For too long the benefits have been offset by a parabolic growth in money supply driving up the price of low-tech goods.
#Bitcoin will fix this
In a fiat system, the money creation inflates asset values via the cantillon effect.
Capital wins and workers become debt slaves.
Bitcoin will fix this.