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Stefano Gaspari
57dd1ffc1d87b4197d9bd8f0dfaeb2588f8e4273583585eb45835384ec05daa8
Engineer. Developer. Libertarian. Don't trust, verify

Curiosity of the day:

Starting from block 139690 (05/08/2011) a miner named Eligius started to inscribe a Catholic Prayer in Latin in some coinbase messages.

Block 139690

cbaa0a64924fe1d6ace3352f23242aa0028d4e0ff6ae8ed615244d66079cfb1

(see the hexdump at the bottom of the post).

"Eligius/Benedictus Deus. Benedictum Nomen Sanctum eius." -> block 139690

"Benedictus Iesus Christus, verus Deus et verus homo." -> block 139792

"Benedictum Nomen Iesu." -> block 139831

"Benedictum Cor eius sacratissimum." -> block 139898

"Benedictus Sanguis eius pretiosissimus." -> block 139904

"Benedictus Iesus in sanctissimo altaris Sacramento." -> block 139921

"Benedictus Sanctus Spiritus, Paraclitus." -> block 139942

"Benedicta excelsa Mater Dei, Maria sanctissima." -> block 139977

"Benedicta sancta eius et immaculata Conceptio." -> block 139990

"In nomine Patris et Filii et Spiritus Sancti. Amen." -> block 140181

This is a Catholic prayer composed in 1797 in Latin by the Italian Luigi Felici for the purpose of making reparation after saying or hearing sacrilege or blasphemy.

I found on stacker.news this accurate definition of the eras of the #Bitcoin life so far…

1. Satoshi Era (2009-2010)

2. Silk Road/Wiki-leaks Era (2011-2012)

3. Mt. Gox Era (2013-2014)

4. Blocksize War Era (2015-2016)

5. ICO Bubble/Crash Era (2017)

6. #Reckless/Rings of Fire/Lightning Torch Era (2018-2019)

7. Stimulus/Saylor/NFTs/Yield-farming/Proof-of-Stake/Ponzi Double-Bubble/Crash (2021-2022)

8. Ordinals (Shitcoins on Bitcoin) Era (2023)

9. Post-ETF (Third-party custody is a Scaling Solution) Era (2024-present)

As a class 2022 bitcoiner, I was ‘born’ during era 7, immediately after the Terra/Luna crash and a few months before the FTX collapse.

To what era do you belong?

This is an outstanding moment for buying the hardest money ever.

Acquire a superior asset (#BTC) against an inferior one (USD).

#58k

Unbelievable. If we will continue like this #Bitcoin  subsidies will become very soon marginal for miners compared to block fees…

21,000 blocks to the halving.

90% of this cycle is completed.

Tik tok next block.

#Bitcoin

83.7 BTC for a transaction fee. New world record!

This event reinforces my idea that there are a lot of new big players (sometimes making mistakes) entering the #Bitcoin  space in this period.

https://mempool.space/tx/b5a2af5845a8d3796308ff9840e567b14cf6bb158ff26c999e6f9a1f5448f9aa

#Bitcoin first consolidates its role as a store of value then it will gradually become a medium of exchange.

Exactly like hard money did in the past

#Bitcoin is a concrete hope for a better future

326 sat/vB?!?! Never seen such a huge fee per virtual byte. Something is happening in the #Bitcoin base layer...

My feeling is that the increased number of unconfirmed transactions in the mempool is in some way connected to an intensive accumulation activity perpetrated by BlackRock, Greyscale, etc ahead of the spot ETFs approval. I might be wrong anyways…

#Bitcoin

Deflation is feared by monetary systems which rely on Debt creation.

The is no fear of deflation in economies adopting the #Bitcoin  standard

A block with a single transaction among blocks with thousands of transactions.

I'm curious to understand how rare it's this event...

I rather prefer to look at prices in #BTC  more than the price of #BTC

The #Bitcoin  mempool is full of unconfirmed transactions and the fees are growing more and more. Lot of activity in course on the base layer…

#Bitcoin : the hardest money ever

The greediness of the fiat culture has accelerated the “discovery” of #Bitcoin

The idea of earning something without effort, getting-rich-easily is a sub-product of the fiat culture.

There is no free lunch.

Work hard and stack sats.

#Bitcoin  is consistent with one of the law of the universe: you get what you give.

You must to hard work, exploit your talents first then get a reward

Imagine a future where the Stock of a Public Company is denominated in #Bitcoin .

The correspondent share price will reflect much better the intrinsic value of the enterprise.

With fiat currencies the share prices of Public Companies are often manipulated