There are only two possible outcomes:
1. (CBDC) tyranny.
2. Hyperbitcoinization.
Oppressive governments, essentially all of them, might use CBDC/"chips" to spy on us with frightening precision.
It's like Big Brother's watching (👀), but he's got a microscope, binoculars, and a freakin' telescope all at once!
Not only will they be watching, but they will also control your every move in regards to every fiat currency transaction. 💵💴💶💷
#Bitcoin fixes this issue.
Opt-out, put your #BTC in cold storage. NOT a drill!
#btc or we eat 🐜
Will people wake up?
Energy Importance at a Galaxy Scale + #Bitcoin
1/ The Kardashev Scale:
A journey through energy consumption and civilizations.
Nikolai Kardashev, a Russian physicist, came up with a fascinating way to classify civilizations based on their energy consumption:
Type 1, Type 2, and Type 3.
What these types mean?
2/ Type 1: Planetary Civilization 🌍
A Type 1 civilization, or planetary civilization, harnesses its host star's energy and controls its planet's natural phenomena.
We are currently transitioning from Type 0 to Type 1, witnessing progress in language, entertainment, education & more.
3/ Type 2: Stellar Civilization ⭐
A Type 2 civilization, also known as a stellar civilization, utilizes a megastructure called a Dyson Sphere to capture all of its star's energy.
This makes the civilization virtually immortal, with near-limitless energy at its disposal.
What does this have to do with #Bitcoin?
Keep reading you will see!
4/ Type 3: Galactic Civilization 🌌
Type 3 civilizations, resembling Star Wars, are galactic civilizations capable of traveling between galaxies.
Their mastery over energy and technology is incomparable, making them a force to reckon with in the universe.
5/ The rise of #Bitcoin
As we move from Type 0 to Type 1, one crucial step is the development of Bitcoin, a global, democratized form of money not controlled by any centralized authority.
This innovation represents a significant shift in our society.
6/ Freedom & control over money 💸
Bitcoin is decentralized and owned by nobody.
Governed by the laws of mathematics, it offers control over our money and prevents exclusive ownership by elites or governments.
It's a game-changer in the financial / economic landscape.
7/ Success where others failed 🚀
#Bitcoin has succeeded where other attempts at new money forms, such as every sh**tcoin available, have failed.
The key difference is that #Bitcoin has no central point of failure, owner, or company that can be targeted by governments, making it resilient.
8/ The future of money & civilization 🌐
As we transition toward a Type 1 civilization, #Bitcoin continues to gain traction as a global, decentralized form of money.
The implications of this shift are vast, redefining our understanding of money and the progress of human civilization.
1/ The Trifecta:
Law, Language, and Money:
In a free society, three elements are crucial: free speech, sound money, and individual property rights.
Hayek pointed out that law and language evolved, while money became captured by banks and the state, causing monetary evil.
Enter #Bitcoin - the global game-changer robust monetary system.
2/ No Permission Needed
Satoshi knew that the only way to evolve money was without asking for permission.
#btc creates and enforces its own set of laws - no confiscation, censorship, inflation, or counterfeiting. It's a global, neutral money accessible to all.
3/ Enforcing the Laws of #Bitcoin
Through nodes, anyone can enforce Bitcoin's laws, accept valid messages, and reject rule-breakers.
Bitcoin's future is defined by those who craft transactions and run the numbers.
It's a game of rules, not authority.
4/ Asymmetric Defenses & #Crypto-economics
Bitcoin leverages cryptography's asymmetric defenses for economic advantage.
Cooperation is rewarded, conflict discouraged.
Private keys are secure, and the ledger is public.
Defense is affordable, disruption costly.
5/ #Bitcoin: The Triumphant Trifecta
#BTC uses free speech
(1) To create sound money.
(2) Enforce individual property rights.
(3) All without violence.
It empowers individuals to hold keys, run nodes, and do proof-of-work, exercising their freedom.
6/ Inalienable Rights
Free speech, sound money, and property rights shouldn't be limited by law.
#Bitcoin's existence relies on the fundamental rights to send transactions, use electricity for mining, have wallets, and hold bitcoin.
7/ The Sacredness of Free Speech
A society that values free speech should see Bitcoin as sacred.
Participating in the #Bitcoin network is an exercise in free speech, a fundamental prerequisite for the discovery and communication of Truth.
8/ Embracing the Limitation: 21 Million
The 21-million cap on #Bitcoin is an absolute limitation, brought into existence by those who run the numbers and exercise their rights to think and speak. This limitation creates a system of absolute Truth, without the need for violence.
Well Twitter died
Everyone is on Nostr now 👀
MORNING! ☕️⌛️
Morning! ☕️⌛️
Is there something wrong with the damus app?
It does not let me upload images🤔
Morning! ☕️
Coffee in the system, let’s get to work!
Morning🤝
One of the most popular questions from my close circle that I ever receive is whether the #Bitcoin halving actually matters and if it will impact the price when the halving occurs next. 🤔
To understand the #BTC halving, we need to go back in time. ⏳⌛️
When #btc was launched, 50 Bitcoins were generated every 10 minutes for four years. After that period, the number of Bitcoins generated every 10 minutes dropped to 25, then to 12.5, and now to 6.25. This is where we are today, with about 900 #Bitcoins being generated daily.
Every single time that the #Bitcoin halving has occurred, the price of #Bitcoin has appreciated rapidly within 18 months.
The #Bitcoin halving can be thought of as a supply shock. 🌩️
If there is less #BTC coming into circulation and demand stays the same, the price will naturally go up.
This is a basic principle of supply and demand economics. Some people believe that the Bitcoin halving does not matter, as they subscribe to the efficient market hypothesis, which suggests that everyone with the same information in the market will come to the same conclusion.
I disagree with this hypothesis, as different market participants can have the same information and come to different conclusions.
In my opinion, the Bitcoin halving will have some sort of impact on the price, although the severity of that impact can be debated.
Historically, there has been a rapid appreciation in price within the first 18 months after each #Bitcoin halving, and I don't believe that will change in the next halving. In fact, more and more people are likely to become aware of the Bitcoin halving and its potential impact on price.
This could create an explosive impact on #Bitcoin's price, as more people buy and hold Bitcoin in anticipation of the event, making the asset more illiquid.
Whenever the Bitcoin halving has occurred in the past, we have seen a significant increase in price.
For example, leading into the 2020 halving, Bitcoin's price went from around $8,000 to almost $70,000, a 700% price appreciation in 18 months. 🧐
While there has been a significant drawdown in price since then, I believe that the next #Bitcoin halving in 2024 will still have a positive impact on price.
Although history doesn't necessarily repeat itself, we can use it as a guide for future probabilities. 🧡
I think that each future halving will have less of an impact on price, but it will still have an impact.
As we head into the next Bitcoin halving, it's essential to understand what the halving is, how it technically works, when it will occur, and how it has historically impacted adoption, price, and other aspects of the #Bitcoin network. 😎
In the next #Bitcoin halving, I expect a repeat of many past events, but I reserve my right to change my mind if new information emerges that would warrant a change in perspective.
Let me know in the comments whether you agree or disagree and what you think will happen with the next #Bitcoin halving. 🤝
One of the most popular questions from my close circle that I ever receive is whether the #Bitcoin halving actually matters and if it will impact the price when the halving occurs next. 🤔
To understand the #BTC halving, we need to go back in time. ⏳⌛️
When #btc was launched, 50 Bitcoins were generated every 10 minutes for four years. After that period, the number of Bitcoins generated every 10 minutes dropped to 25, then to 12.5, and now to 6.25. This is where we are today, with about 900 #Bitcoins being generated daily.
Every single time that the #Bitcoin halving has occurred, the price of #Bitcoin has appreciated rapidly within 18 months.
The #Bitcoin halving can be thought of as a supply shock. 🌩️
If there is less #BTC coming into circulation and demand stays the same, the price will naturally go up.
This is a basic principle of supply and demand economics. Some people believe that the Bitcoin halving does not matter, as they subscribe to the efficient market hypothesis, which suggests that everyone with the same information in the market will come to the same conclusion.
I disagree with this hypothesis, as different market participants can have the same information and come to different conclusions.
In my opinion, the Bitcoin halving will have some sort of impact on the price, although the severity of that impact can be debated.
Historically, there has been a rapid appreciation in price within the first 18 months after each #Bitcoin halving, and I don't believe that will change in the next halving. In fact, more and more people are likely to become aware of the Bitcoin halving and its potential impact on price.
This could create an explosive impact on #Bitcoin's price, as more people buy and hold Bitcoin in anticipation of the event, making the asset more illiquid.
Whenever the Bitcoin halving has occurred in the past, we have seen a significant increase in price.
For example, leading into the 2020 halving, Bitcoin's price went from around $8,000 to almost $70,000, a 700% price appreciation in 18 months. 🧐
While there has been a significant drawdown in price since then, I believe that the next #Bitcoin halving in 2024 will still have a positive impact on price.
Although history doesn't necessarily repeat itself, we can use it as a guide for future probabilities. 🧡
I think that each future halving will have less of an impact on price, but it will still have an impact.
As we head into the next Bitcoin halving, it's essential to understand what the halving is, how it technically works, when it will occur, and how it has historically impacted adoption, price, and other aspects of the #Bitcoin network. 😎
In the next #Bitcoin halving, I expect a repeat of many past events, but I reserve my right to change my mind if new information emerges that would warrant a change in perspective.
Let me know in the comments whether you agree or disagree and what you think will happen with the next #Bitcoin halving. 🤝
Does anyone have an invite to the Bluesky app?
Morning☕️
In a world rapidly evolving, society finds itself at a crossroads, facing the widening gap between the haves and have-nots. This seemingly inevitable phenomenon has become the norm, spurred on by advancements in various sectors such as personalized medicine, social media, and the increasing cost of AI tools. As we progress further into uncharted territory, it becomes crucial for individuals to prepare themselves for the challenges and opportunities that lie ahead, seizing any chance to fight against the powers that be.
At the heart of this battle for economic freedom and equality is Bitcoin. Forged in the crucible of financial turmoil, it has emerged as a beacon of hope and resilience in the midst of an uncertain future. This decentralized and secure digital asset empowers individuals by allowing them to take control of their financial destinies, challenging the status quo of traditional financial systems.
The advent of Bitcoin has disrupted the age-old monetary system by introducing a truly scarce digital asset. Its deflationary nature serves as an antidote to the pervasive issue of inflation, which erodes the value of traditional fiat currencies. This revolutionary aspect of Bitcoin has far-reaching implications, as it allows for the preservation of wealth and encourages long-term financial planning.
Personalized medicine, social media, and AI are but a few examples of the sectors experiencing significant disparities as a result of technological advancements. In this age of digital transformation, these disparities will only widen, and Bitcoin provides a means to counteract the potential negative consequences. Adopting Bitcoin as a store of value can help level the playing field, enabling individuals to safeguard their financial resources and secure a brighter future.
Take control of your destiny by saving in Bitcoin before it catches on globally. By doing so, you will not only protect your financial resources but also participate in a movement that seeks to change the world for the better. As you venture forth into this brave new world, remember that the future is uncertain, and focusing on what you can control is essential.
Embrace the possibilities that lie ahead, and let the story of your journey be a testament to your resilience and foresight. Like a phoenix rising from the ashes, you have the power to overcome adversity and rewrite your own destiny. So, as you stand on the precipice of a new era, consider the role that Bitcoin can play in shaping your future and the future of those around you.
The opportunity to make a difference is within your grasp. Seize the moment and secure your place in a world where economic freedom and equality become a reality. With Bitcoin by your side, you can challenge the status quo, bridge the gap between the haves and have-nots, and create a brighter future for all.