I hate money printing.
But with #Bitcoin I’m actually betting they’ll do it anyway
Am I a bad person? Or they are?
Question for your morning #coffeechain
No point in writing articles about #Bitcoin when there would be nobody to read them.
But I would eventually find another way to be valuable in this ecosystem. You can’t stop my desire to make hyperbitcoinization happen. It’s the only way the humanity can have Gilded Age 2.0 and I happen to live the moment.
What service would you recommend then?
Most people is still getting their paychecks every week or month. DCA is actually a good strategy…
After hard work comes a time to calm the mind…
#pow
I wasn’t able to loose any of the bolts, they were too rusted… I got out 6 of them eventually - tearing the steel apart using leverage…
But eventualy even I had to call the big guns… which means I had to drive 50km total to buy a new Bosch angle grinder.
I am sorry, #Bitcoin, but this project is gettin pricy lately… Can’t have all the #sats I guess. 🤔
It’s time for a break from that damned #FIAT mining and to show some Proof of Work.
#Bitcoin #mining #btc #pow
Nový rozhovor na Kryptoplebs, tentokrát s kluky z 2Bminer, kde jsem si povídali o:
- těžbě bitcoinu
- kde všude kluci těží a jakým způsobem si vybírají lokality
- jaký vliv bude mít těžba na energetický průmysl
- kde vzniká nová krypto Silicon Valley
- proč je koncept Proof of work oproti Proof of stake naprosto zásadní pro ekologii 💪
2Bminer hledá posily do týmu! Pokud máš zájem, kontakt je dole v popisku videa 👇
Celý rozhovor: https://www.youtube.com/watch?v=cdLOjJHYSgU
Nezapomeň odebírat Kryptoplebs a budeme rádi za tvůj feedback 🙏
Libi se mi, jak to rozjizdis… skoda, ze jsem epizodu s PavelTheCoder neslysel driv, nez jsem osal clanek o Wasabi Coinjoinu v Trezoru… asi bych byl moudrejsi.
Taky te rad vidim aktivniho zde na Nostru!
This is the way! 🧡🫡
It’s a shame that failure of the First republic bank didn’t have any impact on #BTC price.
I’m not here for the number but it actually helped prove the #Bitcoin thesis to normies.
Btw, you have probably read this translation of famous article called “Universe wants one money”.
https://www.bitperia.cz/clanky/vesmir-chce-jedny-penize.html
You couldn’t post this in a better time, I was just stating a simillar thing:
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For my partnership with Simplecoin, odlest czech crypto exchange I wrote an article about #Litecoin halving and why it doesn’t matter in the large scale. It was a challenge actually - to play a devil’s advocate if only for a moment… but then my #Bitcoin #maximalism inevitably kicked in and I torned #LTC thesis apart.
Would you be interested in an english mutation of this text?
You, sir, YGMI. 🫡
One thing I want to add: there is no shitcoin ponzi scheme possible on Bitcoin because it’s immutable and unchangeable. That is why every shitcoin desperately tries to some extent disprove Bitcon thesis.
Wheter it be the PoW, move slow, don’t break things, conservatism,…
I'm preparing for my camp fire at UTXO conf about #bitcoin maximalism. Something tell me I will be roasted there 😄 Could you post some interesting articles about this topic down in the comment?
For example, this one is masterpiece: https://blog.lopp.net/history-of-bitcoin-maximalism/
Also some view from the other side against maximalism would be helpful 👌
When explaining and embracing the need for maximalism towards more experienced cryptocurrency users, I use the following arguments: the vast majority of shitcoins either have no use case at all, lost it a long time ago (LTC) changed it a thousand times to match the current buzzwords (like ETH and others), or are looking for problems where there are none.
Our biggest problem is that we are stuck with fiat money. Once we fix that, we can start looking at what else needs fixing - and Bitcoin can naturally fix a lot. Why?
99% of humanity's problems arise from the structure of bad incentives, misallocation of capital, and a mindset of needing to beat the system to survive. Often, people turn to scams like shitcoins and other get-rich-quick schemes. In its essence, a shitcoin is nothing more than the Cantillon Effect in the private sector - replacing the central bank with oneself... but the principle works exactly the same.
If hyperbitcoinization occurs, these problems will naturally disappear, along with any use case for shitcoins - for creators and users alike.
Yes, there will likely still be fraud, hacks, etc. because we will always have "haves" and "have-nots" to some extent... but at least it will be eliminated directly from the layer of money creation.
Any shitcoin, by its very existence, slows down hyperbitcoinization and for that reason must be removed from the path [Warhammer 40k BURN THE HERETICS feeling intensifies]
💯 percent true. I would do terrible things to humanity if I had the chance…
[WARHAMMER MEME ON HERETICS SHOULD BE HERE]
I am glad that we’re still so early. 🧡
Go to settings and change image uploader tool. It helped.