I promised, if #Bitcoin dumps to $60,000 I will give $10,000 BTC to 5 people

So as promised I will be giving away $10,000 to 5 person today.

Rules: like, retweet, follow me with A

* If you're not following, you will be disqualified.

Proof will be posted in 24 hours

Doing this for my community #btc #eth

#Asknostr How the hell I talk to girls? I can’t just tell them I’m filthy rich, but not yet

If people understood that the Central Bank rug pulled them during the pandemic we would not have Central Bank anymore.

In April 2021:

1 BTC = 33 ounces of gold

Today:

1 BTC = 24 ounces of gold

Without the volatility.

#bitcoin closing above $66,000 will more likely lead to a swing upwards and break down back into the pattern otherwise. nostr:note1drvd0cwqt84hh3m34a9ntx7ytzq02sm7lcd5g96aw0g2y7e5dcfsk3tqg5

All the models will inevitably get destroyed when every person, family, corporation and nation runs for the narrow exit door.

#bitcoin

Why not?

In the country I live in, where the economy is in shambles, an average family spends around $300 a month to live (after subtracting debts, taxes, insurance, etc. from their income). The annual inflation rate is about 50%, and it's getting worse over time. #Bitcoin #Adoption seems like a reasonable solution, especially with the #Lightning Network enabling payments of $300 a month. But what's holding it back?

I used to think it was all about volatility, but then I asked myself—volatility for just $300? Sure, it's a significant amount for us, but we're talking about #Bitcoin here. I'm also aware of adoption cases in #Cuba and #Africa, where even there, Bitcoin users remain a minority.

In the spirit of documenting the situation, I’m listing some reasons below and I #AskNostr for more insights, reasons, and solutions:

1) It’s hard to explain to everyday people why Bitcoin is economically superior in their current conditions. It’s even more puzzling when you realize many are trading shitcoins on exchanges!

2) People are accustomed to traditional trust systems with #government institutions. They still trust failing banks to hold their money, and I’m sure they’ll trust CBDCs (which are gradually emerging). Some even trust online exchanges but hesitate when it comes to holding their private keys. It's voluntary #slavery in a way.

3) People in countries like mine have a very high time preference. Deep down, they’ve accepted they can’t change the future, so they don’t even bother trying. I hear things like, 'Someday it’ll be fixed,' or 'Just believe in karma.' This mindset is so entrenched that, despite everything going downhill year after year, they don’t think long-term. They stay trapped in short-term pleasure cycles.

4) We've experienced one of the longest periods of chronic inflation in the world, but we haven’t hit #hyperinflation yet (though I believe we're on the verge). The issue is, people can't imagine hyperinflation. They're not scared enough—or they just don’t want to be.

I’m sure there are other factors, I welcome your thoughts, advice, and shared experiences, especially from places like #Cuba, #Venezuela, #Nigeria, and other countries facing similar struggles.

#BitcoinAdoption #GrowNostr #Fiat #FiatStandard

Coworker complained I'm not impartial when sharing my #bitcoin narrative because it would pump my bags if they buy in.

How would you respond? 🤔

I follow about 200 nostr accounts and only 10 of them or so are active. #plebchain a year ago and now they all left 🤣

Also I have about 600 followers and almost no interactions. When my posts gets a reaction I can always guess who reacted to it since they are always the same 4 accounts 😹.

Help me fix this please! #bitcoin doesn’t fix this!

Who knows where your bitcoin is?

It's very complex to understand the value of Bitcoin. You need to understand fiat, money, decentralization, energy and cryptography. There is always something new you learn along the way. This is the main reason the adoption is so low. It takes time for people to learn it.