60 sat/vbyte. Am I seeing this right?
6 blocks in last 11 mins. That’s how the mining rolls sometimes
I like damus/nostr but should it be showing me every reply they send to everyone?
It takes a long while to ‘get’ bitcoin.
And forever to understand it.
Running bitcoin regtest version and this is my first photo post! 
Just heard the jack mallers thing. Nothing new for a bitcoiner but wow, those 5 mins were powerful. Jack’s got balls and articulated it quite well despite being fired the stupidest of questions. “What if someone creates a bitcoin 2.0” “but look at inflation it’s gone down from 3.5 to 2”
Awesome stuff.
IMHO there’s 0 risk. It’s pure engagement farming. He wins either way. He loses $1 million but that’s not huge amount for him and he gains massive eyeballs/mind space.
I was just thinking about my own cock-sure belief that he’s insane - what if he’s right, what will I say about him if bitcoin indeed goes to even $500k+
Balaji is wrong, duh. I’m just wondering my state of mind after 90 days if btc indeed goes to $1 million. Heck, wven $500k would make me rethink my life and how I think about things but mostly how I laughed at Balaji’s engagement farming initiative.
The biggest moral hazard is that the fed has the ability to print money - Parker Lewis
Sats be getting expensive lads.
Gawd, these humans are wasting so much energy to feed their body, it’s boiling our planet.
Energy consumption of humanity will only increase and it’s a good thing. We’ll get better at efficiency.
But most importantly it’s the mindset of not understanding what bitcoin is and how it is better for the world, that’s responsible for this energy fud.
If a thing is useless, no amount of energy spent for it is useful. Conversely, if a thing is useful, no amount of energy spent for it is wasteful. And bitcoin is critically useful.
But then I’m asking a lot here
All I ask the naysayers of bitcoin is to come up with some new FUD - or at least know what a tiny bit about the thing you’re criticising like a zealot
Bitcoin doesn’t burn electricity. To produce it requires electricity, just like anything of value requires energy. Gold mining requires energy. That was a ELI5 explanation for you.
Of course, one would always see mining bitcoin as “burning electricity” as long as they don’t see why bitcoin is needed.
To understand that, you would need to understand the problem bitcoin solves. Which would require you to ‘see’ that there is a problem in the ‘money’
But that would require you to read about things like money, which everyone is cock-sure they understand.
It’s easier to say some random ass thing like gold conducts electricity, bitcoin burns it, which is more valuable?
now this looks like a job for me, so everybody just follow me, cause we need a little controversy, cause it feels so empty without QE
I feel bad for employees of startups getting fucked because of this svb thing. But zero fucks to give for the likes of a16z sequoia- the motherfuckers who have made the banking system even more corrupt.
Even a blind squirrel finds a nut then and now
I’m the biggest idiot you’ll never know