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grottenolm
411b0cb49ad5d780cc03e459aa7c40d0e5872549a09a4cdd296984f51533a259

Pippin's such a nuisance to poor Gandalf, throwing the stone down the well and looking into the palantir, but in the end, Gandalf only came to fulfil his task through him.

You never know what it is good for in the greater scheme of things!

He should have used the momentum to do a triple backflip or jump a line of cars or a river or something.

But seriously, crazy stuff. Hope he got something out of it and Red bull did not keep all the money.

What I have been wondering for a while now: It is always said that a #bitcoinstandard would #makewarunaffordable.

However, what would happen if all the world lived happily and peacefully sending sats to and fro, and suddenly one entity "reinvented" #fiatmoney and attacked someone else. Wouldn't the defender be helpless against the unfair (in this case) advantage of the #fiatsystem? Maybe this alone will stand in the way of a global bitcoin standard developing, because it could #makedefenseunaffordable?

Please prove me wrong.

Replying to Avatar Felipe

‘About 99.5% of all the Bitcoin in circulation is held in 16.5 million UTXOs that have a value of 1m sats or more. Most of the other 169 million UTXOs will likely become economically unspendable in the future assuming they aren’t consolidated into larger ones relatively soon.’ - nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89

People please do some UTXO management and whilst doing that buy some sats.

Bitcoin’s Unspent Transaction Outputs (UTXOs) can be classified into different segments based on their age.

UTXO Management for Dummies:

If everyone pays you in quarters you’ll have to lug around a big heavy bag. It’ll also cost you more time to spend as you have to count quarters when paying. So ask for $20s or $100s as payment, or change your quarters into bills from time to time.

Now I can hear you say...wtf is a UTXO?

A UTXO stands for unspent transaction output. Don’t worry about those unnecessarily complicated words. Just use “UTXO” and understand the concept of what it is…

If you want to learn/study the topic: https://armantheparman.com/utxo/

Credit picture: nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89

Study, learn, hodl, decouple.

#bitcoin 🧡

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My savings account: Bitcoin

The tool I recommend for setting up a Bitcoin savings plan: @Relai 🇨🇭 🇨🇭 especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly. Hence a DCA, Dollar cost Average Strategy. Check out my tutorial post (Instagram) & video (YouTube) for more info.

⠀⠀⠀⠀⠀⠀⠀⠀

Felipe - BitcoinFriday

#zap 🧡 #nostr #BTC #Bitcoin #plebchain #grownostr #stacksats #bitcoineducation #adoption

So what, in your opinion is a sensible minimum size for a utxo? #asknostr

Hello World, where can I get an invitation for Alby?

But are they rich because they consume a lot of energy, or do they consume a lot of energy because they are rich?

Freedom is the freedom to say two plus two make four. If that is granted, all else follows.

-1984

Da brauchst du nicht extra einen neuen Laptop kaufen, einfach mal Linux Mint oder ähnliches auf einem alten Rechner oder virtueller Maschine installieren und ein wenig Rum probieren. Ich habe es als Dual Boot auf meinem Desktop neben Win10 und bin inzwischen fast komplett umgestiegen. Windows starte ich nur noch für ganz wenige Anwendungen, für die ich auf Linux keine gescheite Alternative gefunden habe, die mir gefällt.

Prost!