I first read about Bitcoin 10 years ago, but due to all the FUD that I read in mainstream media I didn’t buy any for years.
In the new BTCTKVR magazine, I’ve told my story and debunked 10 of the most common pieces of FUD about Bitcoin.
Read about it in this article 👇🏻
https://bitcoin-takeover.com/breaking-fud-embracing-bitcoin/ 
Why should small developing nations mine Bitcoin and what are some good examples?
Bitcoin mining can have multiple benefits in terms of revenue and power grid stabilization. Not only that the miners can make some profits, but they also increased demand for cheap renewable electricity, might subsidize the costs to build it with the mining rewards, and will definitely stabilize the power grid.
According to mining veteran Filip Pawczynski, El Salvador and lots of countries on the African continent are great candidates for improving people’s live through thermodynamically securing the Bitcoin network.
Listen to S13 E13 of the Bitcoin Takeover podcast to learn more about Bitcoin mining and please subscribe!
#bitcointakeoverpodcast #bitcoin #mining #miningbitcoin #elsalvador #elsalvadorbitcoin #africabitcoin #bitcoinminer #bitcoinminingpool #bitcoinmining #btctkvr #bitcointakeover
"The value for value podcasting model was never going to work. All of our sponsors kept on going bankrupt. I believe strongly in the Infowars model of selling supplements to keep the lights on. People have been drinking the tap water all their lives and need the tools to detox properly."
https://www.thebitcoinbugle.com/marty-bent-leaves-tftc-to-cohost-infowars-show-with-whitney-webb/
😂😂😂
Introducing BTCTKVR 3: Breaking FUD 🔥😍
The magazine you will see at some of the biggest Bitcoin conferences of this year 🤯
Launching next week at Pizza Day in Prague and I’ll open source it shortly after so people can translate it and print their own copies 🚀
Here’s a preview:
Can Proof of Stake be decentralized? Not without a degree of centralization 🤷🏻
In a “one coin, one vote” system you either enable the dynamics of the free market to unroll at the risk of witnessing attacks from internal conspirators or external token buyers who ammas a majority stake… or else create a concentration of wealth that can’t be overthrown and generates a degree of centralization which defeats the purpose.
Most Proof of Stake systems, including Ethereum, chose the latter option but have good marketing/PR to cover centralization under wraps of environmental virtue signaling.
Meanwhile, Bitcoin mining is still dynamic, competitive, and fair.
To learn more, subscribe to the Bitcoin Takeover podcast on YouTube, Spotify & Apple Podcasts 🎧
#bitcoin #proofofwork #proofofstake #pow #pos #bitcoinmining #bitcoinminingpool #ethstaking #staking #decentralized #decentralization #bitcoinpodcast #bitcointakeover #bitcointakeoverpodcast #btctkvr
We choose to go to the Moon! Not because it is easy, but because it is hard 🚀🌕
When you run a Lightning node from home, you have two expectations: to not reveal your real IP address to the rest of the world and to route some payments with your channels to make some passive income from routing fees.
However, enabling Tor to obfuscate your IP adds some latency which makes you less likely to get involved in the transaction routing process too often. So from this point of view, a VPN subscription works much better.
In S13 E15 of the Bitcoin Takeover podcast, Bolt Observer CEO and co-founder Aljaz Ceru gives you some free advice on how to run a successful Lightning Network node. Listen to the interview on YouTube, Apple Podcasts & Spotify 🎧
#bitcoin #lightningnetwork #lightningbitcoin #bitcoinlightning #lightningnode #lightningchannel #aljazceru #boltexplorer #tor #torprivacy #vpn #bitcointakeover #bitcoinpodcast #bitcointakeoverpodcast #btctkvr
According to Bolt Observer CEO Aljaz Ceru, the Lightning network is the perfect onboarding tool because it allows people to use Bitcoin without having to spend time learning how it works or caring about Bitcoin at all.
Some people only care about making payments, don't ever think about sound money, and that's fine. What's important is that the Lightning network user experience enables anyone to make payments with ease.
Listen to S13 E15 of the Bitcoin Takeover podcast to learn more about the Lightning network ⚡
#bitcointakeover #bitcoinpodcast #bitcoinlightningnetwork #lightningnetwork #bitcoinlightning #bitcoinpayment #btctkvr #bitcointakeoverpodcast #aljazceru #boltobserver
Which pools do Russian miners use?
Pretty sure they’re already mining, probably using the Chinese pools.
If the US pass that 30% electricity tax for mining, they essentially push the miners to leave.
Is the future of Bitcoin mining in the United States of America?! 🇺🇸⛏️
It really doesn’t seem like it. Due to politicians and regulators trying to impose their agenda while proposing outrageous taxes and limitations, it’s likely that the miners will move somewhere else where they’re left alone.
Ironically, China has treated miners a lot better for nearly a decade before kicking them out of the country in 2021.
Listen to season 13 of the Bitcoin Takeover podcast to get more insights into the world of mining 🫡
#bitcointakeover #bitcoinpodcast #bitcoinmining #bitcoinminingpool #bitcoinminingusa #bitcoinminingchina #bitcoinminingfarm #bitcoinminingworldwide #btcmining #btctkvr #bitcointakeoverpodcast
Are home Raspberry Pi nodes the future of the Lightning network?
According to Bolt Observer CEO and co-founder Aljaz Ceru, they are a nice to have feature that can’t, however, sustain the onboarding of the next billion users.
What’s your take on Raspberry Pi nodes? Do you run one? Is it reliable?
Leave a comment below and make sure you listen to S13 E15 of the Bitcoin Takeover podcast on YouTube, Spotify & Apple Podcasts. If you like the show, please subscribe! ⚡️
#bitcoin #bitcoinlightning #lightningnetwork #bitcoinlightningnetwork #btcln #raspberrypi #bitcoinnodes #tor #bitcoinpodcast #bitcointakeover #btctkvr #bitcointakeoverpodcast #subscribe #podcast
So you finally set up your Umbrel Bitcoin and Lightning node, you opened channels with all of your friends and favorite companies, and you’re waiting to get rich routing transactions.
Months later, you realize that your node doesn’t perform as well as you expected and you’re barely covering the electricity costs – let alone make a profit to cover your investment in the node.
Why is this happening? Well, to learn more about Lighting network node management, you gotta listen to S13 E15 of the Bitcoin Takeover podcast: featuring Aljaz Ceru, CEO and co-founder of Bolt.Observer ⚡️
#lightningnetwork #bitcoin #bitcoinnode #lightningnode #bitcoinlightning #umbrel #raspiblitz #lightningrouting #bitcoinpodcast #podcast #bitcointakeover #btctkvr #bitcointakeoverpodcast
Did 2 sets of 8 yesterday and felt exhausted. Will need to give these rookie numbers a boost 😅
I’m at 10 right now, aiming to hit 20 like last year before I got the long covid 🤪
How many pullups can you do?
What is a ZK roll-up?
According to Stroom developer Slava Zhygulin, ZK rollups are transaction hashes or small pieces of information which contain encrypted information about a large database.
By using Zero Knowledge Proofs, users can verify if the information they want to verify is true or false – the information itself does not get stored on chain and can exist in a GitHub repository.
It’s a scalability solution which aims to reduce the amount of data which gets stored on blockchains to make the operations more efficient and reduce the instances where every node must verify every bit of information – they can only agree on the existence of a hash which serves this verification function for anyone who wants to inquire.
ZK rollups are pretty cutting edge in the field of cryptography and there are some plans to implement them on Bitcoin using the ordinals protocol which greatly reduces the cost of storing hashes.
#zkproof #zeroknowledge #zeroknowledgeproof #zeroknowledgeproofs #zkrollups #bitcoin #bitcoinscaling #bitcoinscalability #stroom #stroomnetwork #bitcointakeover #bitcointakeoverpodcast #btctkvr
What is a ZK roll-up?
According to Stroom developer Slava Zhygulin, ZK rollups are transaction hashes or small pieces of information which contain encrypted information about a large database.
By using Zero Knowledge Proofs, users can verify if the information they want to verify is true or false – the information itself does not get stored on chain and can exist in a GitHub repository.
It’s a scalability solution which aims to reduce the amount of data which gets stored on blockchains to make the operations more efficient and reduce the instances where every node must verify every bit of information – they can only agree on the existence of a hash which serves this verification function for anyone who wants to inquire.
ZK rollups are pretty cutting edge in the field of cryptography and there are some plans to implement them on Bitcoin using the ordinals protocol which greatly reduces the cost of storing hashes.
#zkproof #zeroknowledge #zeroknowledgeproof #zeroknowledgeproofs #zkrollups #bitcoin #bitcoinscaling #bitcoinscalability #stroom #stroomnetwork #bitcointakeover #bitcointakeoverpodcast #btctkvr