Bitcoin is like putting your kids to bed — just when you think you’ve finally got it, they hit their highs and lows all over again.

Hi Jack, i would love to get your opinion on the following…. I’m lately thinking about, whether we should get rid of the “buy” button and simply call it “exchange into Bitcoin”. I think the unit bias is the most hindering thing for potential new participants in the network.

Especially after you “promoted“ Bitcoin with “the exit keeps getting more expensive” (in one of your videos). In the end it’s not about how much Bitcoin you buy, but about how much fiat you exchange for a hard money.

What is an economically active node? A node is on or offline - or not?

They don’t earn money, they publish the chain. Please correct me as I’m trying to learn and understand.

And blackrock and saylor are not getting more powerful through more BTC.

My children are my proof of work. #pow #btcdad

My first steak and egg breakfast … not bad for the first try

Can you explain that?

I’m curious what nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezumrpdejqzrthwden5te0dehhxtnvdakq0yjchp will answer.

But aren’t the nodes always looking for the longest chain? And while the 51% heighten the possibility of mining the next Block, it’s still possible not two get it maybe two times in a row. As soon as the cartel is two blocks behind, there is no way of catching up with the next block - so they could continue working on their OFAC-Chain but it would be shorter and therefore not valid for the nodes.

But wouldn’t that undermine the incentive of the miners? The reward for the miners is the Coinbase and not so much the fees. If the coinbase gets worthless because the network dies there is no incentive to mine empty blocks in that scale.

3 and 1 years … it tore me apart when I saw your vlog opening scene.

Doing a little catch up with the latest episodes. Your show is amazing and inspiring, it’s never condescending or simply (!) hyping - keep up the great work!

I’m lately thinking about, whether we should get rid of the “buy” button and simply call it “exchange into Bitcoin”. I think the unit bias is the most hindering thing for potential new participants in the network. Especially after guys like Jack Mallers “promote “ Bitcoin with “the exit keeps getting more expensive” (like in your last show). In the end it’s not about how much Bitcoin you buy, but about how much fiat you exchange for a hard money.

Would love to hear your thoughts on that.

The next boost will come from my Alby hub!

Think on nostr, listen on fountain and live on Bitcoin!

https://fountain.fm/episode/eHbgQjpxG79wFOl8PSH5

nostr:nevent1qvzqqqpxquqzqu5hmj5f8xzen9lztst6rn8qwpg3uekqslufcf9uw4elrr8m0eu7et2993

127.936$ per BTC

I think so 😅 I can feel the wheels in my head clicking trying to work it out… it’s like you always say, it’s hard to understand the new system without a reference point.

Dear nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe ,

I have a question regarding your abundant bread analogy.

In your example the buyer takes all the leftover bread, but I guess he only wants to buy it on a discount. Let’s say I buy all the leftovers for half the price.

Like the miners buy the leftover electricity for less than the market price.

But wouldn’t the baker outprice himself in the moment he sells more leftover bread for half the price than the normal price?

Or the quality of the bread would suffer because he has to cut production cost somewhere to be profitable with the new (half)price.

I hope you can tell me what I’m missing here…

I always enjoy all your podcasts, interviews and talks that I can find. You’re the voice of hope that we need.

Thank you

Kind regards

Thomas

Every year,

We want New Year’s Eve

To be this special night.

This one moment

Where everything is open

A new beginning.

And we don’t see

That this special moment

Should be

Every Eve

Of every day

Every year!

Happy new year

Everybody

Livings in germany 🇩🇪 and would love to help! I have the app for two years now and was waiting for that moment so long!!!