Because each bitcoin is divisible into 100 million satoshis, there is plenty of room for the growth of bitcoin through the use of ever-smaller units of it as the value appreciates. This creates a new type of asset well-suited for playing the role of store of value.
Consider the technical accomplishment that is bitcoin. For the first time, humanity has recourse to a commodity whose supply is strictly limited. No matter how many people use the network, how much its value rises, and how advanced the equipment used to produce it, there can only ever be 21 million bitcoins in existence. —saifedean again
The eternal dilemma humans face with their time concerns how to store the value they produce with their time through the future. While human time is finite, everything else is practically infinite, and more of it can be produced if more human time is directed at it. Whatever object humans chose as a store of value, its value would rise, and because more of the object can always be made, others would produce more of the object to acquire the value stored in it. —saifedean
the late economist Julian Simon said that the only limited resource, and in fact the only thing for which the term resource actually applies, is human time.
Get as many sats as you can
****this is financial advice****
Who has tried the carnivore bar?
$50 for 3 pack?!
4.5% back on groceries
W/instacart
On FOLD
I first bought at 54k
I’m not selling
3 reasons why DCA’ing small amounts is wicked smart. Go
Selfie
Self-conscious
Self-care
Self-esteem
Never has a culture been more obsessed with self and simultaneously insanely depressed and sick
Europe only right?
Imagine being sure, REALLY SURE, that this was true
Who can explain badges to me
Bitcoin creates a peer-to-peer ledger without any central control: the blockchain. As an open, distributed ledger, it offers security and trust by verifying transactions with consensus instead of through a central authority.
The promise of Bitcoin was to create a system that was decentralized in nature, unable to be manipulated by anyone including governments.
“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” John Maynard Keynes
Yes sir
4 kids
Stacking away so that they can pursue what they want
