Cash is trash

#Bitcoin   is the the first artificially made element present in nature. It is the 119th element of the periodic table and yet the most scarce among all

We will have a new Renaissance with the advent of #Bitcoin

…I’m super focused in creating and broadcasting a raw #Bitcoin  transaction with a Python script developed by myself…I noticed only now the #BTC  acceleration of the latest 24h…

#nostr is the future.

X/Twitter risks to be turned off in Europe

When you start to understand #Bitcoin  you realize how unfair and corrupted the world of fiat currencies is

#Bitcoin  pill n.2:

A private key is an integer number.

A private key more precisely is an integer number which ranges (in the hexadecimal system) between 1 and FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFEBAAEDCE6AF48A03BBFD25E8CD0364141

There are then approximately 10^77 possible private keys usable in the Bitcoin network.

It is estimated that there are between 10^78 to 10^82 atoms in the known, observable universe.

Therefore trying to find a specific private key is almost like trying to find a specific atom in the observable universe

#Bitcoin  pill n.1:

There are 5 different types of standard locking scripts (called scriptPubKey)

- P2PKH (Pay-To-Public-Key-Hash)

- P2SH (Pay-To-Script-Hash)

- P2WPKH (Pay-To-Witness-Public-Key-Hash)

- P2WSH (Pay-To-Witness-Script-Hash)

- MultiSig scripts

each one of them designed with different fixed lengths (in bytes) in a way that it’s impossible to have a conflict of interpretation of the Bitcoin Core interpreter

#Bitcoin  is an open source protocol, it doesn’t have owners, everyone can contribute to its development.

#Bitcoin  is a network, it is made by tens of thousands conventional computers (nodes), everyone can join it.

#Bitcoin  is digital property, it is secured by an asymmetric cryptography with a field of approx. 10^80 private keys (approximately equal to the number of atoms in the universe), everyone can send part of his/her property without any permission and interaction with any intermediary

#Bitcoin  is freedom

The gradual and unstoppable #Bitcoin  adoption implies a gradual and unstoppable cultural change of the society

“…the feature of the fiat system is that it treats future promises of money as if they were as good as present money because the government guarantees these promises” (q. Saifedean Ammous in The Fiat Standard)…

The amazing thing of this feature is that there is no controlling mechanism in the issuance of these future promises (debt)

I have an idea regarding the development of a board game which educates people in learning the #Bitcoin  protocol and the positive effects of #Bitcoin on a market economy.

Any feedback? Shall I move forward with it?

Running your own #Bitcoin  node is like running your own bank.

You have a total control of your funds, without trusting anyone.

“Don’t trust, verify”

#Bitcoin

#Bitcoin  belongs to humanity.

Everyone of us can protect the #Bitcoin  protocol running our own node, independently by where we are located and by how much wealthy we are or not.

#Bitcoin  doesn't exclude anyone. It's one of the most inclusive resource ever, like the air we breath and the water we drink.

#Bitcoin …

…is transnational

…is stateless

…is censorship-resistant

Therefore it’s unstoppable

Stay humble…set achievable targets…stack in average 3000 sats a day…and thank me later after 10 years

This is a video published by the IMF...

youtu.be/F0VaaZdH1x0?si…

It explains what is inflation and from where it comes from.

There is no mention about the increase of money supply. Inflation derives from the Latin word “inflare” which means “blow in to”. We have inflation when additional money is blown into the market of goods and services.

The video defines inflation starting from its effects, as an increase of prices, without explaining its real nature and causes (the video attributes maliciously the increase of prices only to shortages of supply and increases of demand)

Many people highlight that Bitcoin consumes huge amounts of electrical power….

Only few people more correctly say that #Bitcoin  absorbs huge amounts of power produced in excess.

#Bitcoin eliminate wastes

I’d like to test your thoughts as well @timechain : )