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BTC Engineer
5b3260bc06f8e96b64a8c02e37385125d85479d681bb0302652b7a817c307a5e
Christian. Husband. Father. Engineer. Bitcoiner. Here to explore the intersection of #Bitcoin and energy generation

Dear Mr. nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc - there are a lot of Canadians that would absolutely love to use Strike. Any timeline on entering the Canadian market? I'm just a humble sat stacker here with an engineering background, and I would seriously quit my job to help make it happen.

Bitcoin doesn't care. MSTR could own 50% of the supply and still wouldn't have any more influence on the network than it currently does.

In the interim, the arbitrage opportunity to accumulate BTC using the fiat capital markets is inevitable. Saylor just pioneered it, but it was bound to happen. Hard money wins. I don't understand why so many bitcoiners get so rattled over this, Saylor is literally building a bridge between BTC and trillions of fiat - that is good for bitcoiners unless you have something against NgU.

Replying to Avatar Gigi

bro

Such a naïve take. Jesus also said: "I am the way, and the truth, and the life. No one comes to the Father except through me." Sounds pretty exclusive to me.

The view that all religions are basically the same is in itself as dogmatic a claim as any of the religious claims any of the individual religions make themselves. It's illogical - they are either all wrong, or all but one is wrong. But they can't be all right. 2+2 is not 4 and 5.

They actually are. So are lakes and rocks 😎.

Are fees paid via onchain BTC or lightning?

Replying to Avatar Rigly

Listen, we can’t let nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqys8wumn8ghj7mn0wd68yttjv4kxz7fww3jhsctndpjkgem99eu8j7sqyq7jezkg8zyrx784ncdupq8p76wv8ssjcyymn8jpess7etzulu0lqs07j7q outzap us today. Just because he and nostr:nprofile1qqs9r8ng0094ds7ac5dd2z2ygh34km7s5nwgva53d6ntndpc92t39rs4yuqkr run the company…doesn’t mean they can outzap the troll who runs this npub. 🧌

121 sats for tagging us in your shenanigans today! Happy SATSurday!

That’s enough sats for a direct buy of 8 TH for the next #BlockParty on May 17. You know, if you wanna try and mine a block with us and all 🤷‍♂️ ⛏️

https://upendo.rigly.io/

Cool - I'll have to check you guys out.

Yes taxed personally I believe, unless you are purchasing withing a business. Fairly certain taxed as any other capital gains investment if you simply bought and then sold. But last I checked they consider mining bitcoin as revenue so I guess it depends how you obtained it.

Replying to Avatar Zap2TheFuture

Trying out nostr:nprofile1qqsvn6daczcrcgdaxdap9h84k33af876l6yy4gfth9gvrqhfund7nwqpzfmhxue69uhhqatjwpkx2urpvuhx2ucpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgrsg7q0 discuss 5000

If you had to purple-pill someone with one article, video, or pod rip—what would it be?

40% to the most frequently zapped comment, 30% most replied-to, 30% most liked comment

What do you mean by purple-pilling someone? That's not clear to me.

But to answer your question, it's really not possible to purple/red/blue/orange pill anyone with a single article. It's the accumulation of all life experience and knowledge that shapes our outlook.

https://globalnews.ca/news/10162421/canada-cattle-methane-emissions/

Canada is INSANE!!!!!

We are now incentivizing farmers to feed their livestock GARBAGE so that they BURP less! Not only will this do absolutely nothing to reduce methane emissions, it will also have 100 other unintended consequences.

Broken incentives from a broken monetary system. Wen hyperbitcoinization?

#bitcoin #cows #farming #methane

Work is defined as force applied over a distance. Whenever work is done, energy is consumed. Therefore work is simply the consumption of energy in a valuable way.

Any intervention that attempts to limit the use of energy as a primary goal is fundamentally anti-work.

Think how suicidal it is to tax energy usage. It is essentially a war on work. Work is energy consumed to produce value. A war on work will simply accelerate the downfall of the American empire by penalizing those who use energy to produce value. It won't hurt Bitcoin, which will move elsewhere.

30% tax means major exodus of mining from the US to other jurisdictions, AND major expansion of decentralized off-grid power sources. Bullish for Bitcoin long-term, and energy production. Might see hashrate drop in the short term though.

Bitcoin is such a revolutionary technology that those who discover it are in some ways changed by it. It reverses the incentive structures of life. It prompts you to work harder, but with an eye to the future instead of the present. It gives a sense of hope. There is a temptation to "worship" Bitcoin because of these facts. Sure, we won't call it worship, but what exactly is worship anyway? It's not bowing down before something - in fact, you can do just that and still NOT worship what you bow down before if it's disingenuous. Worship is ascribing ultimate worth to something or someone. If you ascribe ultimate worth to Bitcoin, then you worship it.

Bitcoin will never solve the main problem of humanity: the human heart. Out of the heart comes all the evil that plagues the world, and no monetary system will fix that. In a hyperbitcoinized world, the human heart will find novel ways to commit evil.

Bitcoin is good, but it is not God, and cannot change the human heart. So don't worship Bitcoin - embrace it as a good for humanity. Worship God, who alone can save us from ourselves.

"For out of the abundance of the heart, the mouth speaks"

I'm bullish on Bitcoin because it is fundamentally fair. It ties value to work. Work is fundamentally the creation of value. Money that is not created by work dilutes the value of all other work and concentrates that value into the hands of the money creators - a form of theft. And since all who work for a living are incentivized to protect from theft, widespread Bitcoin adoption is inevitable.

When I first heard about Bitcoin, and how people claimed it could solve all these massive human problems, I'll admit I dismissed it as almost a cult. But having gone down the rabbit hole now for a few years, it's just mindblowing how many of the problems in the world are, in part, causes by corrupted money. It won't solve the fallen human condition but it will stop incentivizing theft and exploitation in so many ways, as far as I can tell.

Do you mean the language of bitcoin as in the concept of money or literally the coding language? I've been going down the rabbit hole for a few years now. It's definitely a paradigm shift in thinking. In my case though, I still find the macro stuff more confusing.