That's amazing! To think that at the beginning of the year I wrote that Bitcoin was the seventh most capitalized asset in the world and we were in the 100k zone, now it has climbed so high and we are 'only' at 94k. Crazy!
🛡️ As a digital asset recorded on a distributed time chain, bitcoin is not subject to physical degradation. As long as the network exists, it remains immutable and verifiable over time.
✈️ Portability It is extremely high. Bitcoin can be transferred anywhere in the world within minutes over the Internet, without the need for physical transport or currency conversion. All you need is a wallet and a connection.
🔍 Divisibility Each bitcoin can be divided up to eight decimal places. The minimum on-chain unit is the satoshi, equal to one hundred millionth of a BTC, and on the Lightning network, the satoshi can be divided into thousandths, enabling micropayments and fractionalizing value with extreme precision, making bitcoin virtually accessible to everyone.
⚙️ Uniformity All Bitcoin units are perfectly identical in value and characteristics, thanks to the structure of the time chain (blocks, nodes, miners, etc.) and the use of cryptographic protocols that prevent counterfeiting or arbitrary coin creation.
♻️ Fungibility In theory, each bitcoin (or satoshi) is interchangeable with any other. However, some units may be "tainted" if associated with illicit transactions and rejected by certain services or exchanges.
✅️ Recognition The authenticity of each bitcoin transaction is guaranteed and verified by network nodes using cryptographic algorithms. However, the technical understanding of how it works can be a barrier for the average user.
⏳️ Controlled Supply (Scarcity) The total supply of Bitcoins is limited to 21 million units according to a predetermined and immutable algorithm. Issuance takes place through a process known as "halving" every 4 years or so, which halves the amount of new bitcoins injected, ensuring disinflationary and predictable growth.
🌍 All of this and more makes bitcoin a social good.
📶 Stay tuned.
#bitcoin #essentials #digitalgold #money #blockchain #technology #finance #education
Beautiful words Laura, I agree with you wholeheartedly. You are not alone, like you, I (and many others I guess) find myself in the middle and sometimes it hurts, but you must not beat yourself up. Keep pushing!
Stay tuned to find out how Bitcoin can be a currency in its own right.
True. On my profile you can find the reasons why Bitcoin is currency, and more!
📌 We have seen how a currency must fulfill 3 basic functions to be considered such, and how Bitcoin may be the only cryptoasset that fulfills these premises.
🎖 Store of value.
Bitcoin is designed to store value in the digital space, with a limited supply of 21 million units, making it less inflationary than gold (stock to flow) and often referred to as "digital gold".
🤝🏻 Medium of exchange.
Bitcoin is accepted as payment in a growing number of establishments and platforms, enabling peer-to-peer transactions without centralized intermediaries.
🧾 Unit of account.
Currently, not all prices of goods and services in the world are expressed in BTC: price fluctuations prevent "stable" bitcoin listings. According to The Economist, Bitcoin "works best as a medium of exchange" and has not (yet) established itself as a standard unit of account.
📚 It must also meet operational requirements such as: durability, portability, divisibility, uniformity, fungibility, recognizability, controlled supply (scarcity). We will analyze these shortly.
📶 Stay tuned.
#bitcoin #btc #value #store #scarcity #peertopeer #stocktoflow
🥇 Bitcoin, the world's leading cryptoasset, has attracted considerable interest both for its economic and financial implications and for its environmental impact.
📈 The exponential increase in the market value of bitcoin has stimulated the expansion of mining activities, leading to a significant increase in energy consumption and associated CO₂ emissions.
♻️ However, recent studies (analyzed below) suggest that the environmental impact of bitcoin may be less than previously thought, and that the asset may have relevant and resilient social benefits.
🏛 Furthermore, it should be noted that the ECB proposed in 2019 to change the name of this type of technology from "cryptocurrencies" to "cryptoassets", which is preferred for various reasons.
📌 The main reason lies in the fact that of the 'currencies', the technologies mentioned do not have the fundamentals, except for bitcoin, which are:
1. Store of value
2. Medium of exchange
3. Unit of account (not completely, but definitely in the future)
❓️ If you are interested in learning more or have questions, leave a comment.
📶 Stay tuned.
#bitcoin #value #crypto #asset #finance #economy #ecb #exchange
📖 The first chapter of my thesis is divided into 4 sections:
🥇 ₿itcoin: a section devoted to an analysis of studies on the pollution and energy consumption of ₿itcoin mining and what it entails.
💡 Nuclear energy: section dedicated to a study of the literature on nuclear energy as the cleanest, cheapest and safest energy source in existence, capable of initiating the much-discussed process of decarbonization.
🚀 Bitcoin and nuclear energy: third part dedicated to the integration of the two main themes of the study: nuclear energy used as a power source for ₿itcoin mining to obtain value (digital scarcity) and energy with a very low environmental impact, sustainable, efficient and resilient.
🌍 Case studies around the world: practical section in which practical case studies inherent to concrete projects are analyzed to support the theses presented in the following paper, understanding through real examples from around the world the benefits brought by ₿itcoin and nuclear energy.
📑 All data analyzed in this chapter are taken from certified scientific sources.
We will start the first part tomorrow.
📶 Stay tuned.
#bitcoin #energy #nuclear #start #study #scientific #world
nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n showed me nostr recently. Reminds me of a writeup I did back in 2021 on decentralized social media:
https://rossulbricht.medium.com/decentralize-social-media-cc47dcfd4f99
I'll be mirroring my X account here and hopefully finding some good conversations.
Welcome to nostr!🚀
📖 Chapter 2
🗒 After illustrating and motivating the selected variables that will accompany the reader to the final steps of the thesis, the first analyses and conclusions of the case are made, highlighting some problems encountered along the way, which were then resolved thanks to the analysis carried out in the following chapter.
📖 Chapter 3
📚 In this chapter, we proceed with the econometric analysis itself, using different models to identify the causes of the emission of polluting gases and to outline possible solutions to counteract or at least mitigate the rampant pollution.
⛈️ The latter is responsible for numerous negative effects, the most important of which is climate change: if not adequately contained, it risks having catastrophic and incalculable consequences for the entire global ecosystem.
📶 Stay tuned.
#thesis #analysis #study #pollution #consum #econometric
📖 Chapter 1
📄 An analysis of the existing literature on the subject of Bitcoin and nuclear energy is proposed, enriched with data from scientific papers, graphs and tables, the results of which are commented.
📌 This introductory chapter aims to shed light on the subject, highlighting its risks and benefits, advantages and disadvantages, and laying the foundation for the analysis conducted in the following two chapters.
💼 It also provides methodological support for the choice of variables to be used in the subsequent analysis, a cultural background that will accompany the reader throughout the paper.
📶 Stay tuned.
#bitcoin #bibliography #literature #paper #scientific #nuclear #energy #data
Exactly, the creation of absolute digital scarcity is the basis for reducing pollution and energy consumption.
⚡️ The central hypothesis of my thesis is that Bitcoin and nuclear energy can not only coexist, but also mutually reinforce each other in terms of environmental sustainability and energy efficiency.
🧩 The rationale behind this synergy is simple but powerful: Bitcoin mining can be used to optimize the use of energy resources, to exploit otherwise unused energy surpluses, or to help stabilize power grids in areas with intermittent production.
🔍 Through an objective analysis, this paper will attempt to show how these two seemingly disparate technologies can work together to build a more equitable and sustainable energy future.
📕 The thesis is structured in 3 chapters full of analyzed and commented data, validated by solid and authoritative sources.
📶 Stay tuned.
#bitcoin #nuclear #energy #sinergy #thesis #analysis
🏛 Growing awareness of climate change has prompted governments, businesses and citizens to rethink the way we produce and consume energy.
♻️ In this scenario, concepts such as energy efficiency and environmental sustainability are no longer options, but imperative necessities.
🥇 Bitcoin is often criticized for its high energy consumption. However, mining is beginning to demonstrate its potential to evolve towards more sustainable models, thanks to the adoption of renewable energy and the use of untapped energy resources.
💡 On the other hand, nuclear energy, traditionally associated with images of risk and complexity, is now being presented as one of the most effective and safe solutions to decarbonize the energy sector, perfectly integrated with renewables to ensure a sustainable transition.
📶 Stay tuned.
#bitcoin #energy #nuclear #sustainability #enviroinmental #renewables #efficiency #mining
💡 Despite the continuing challenges nuclear energy faces, it is recognized by many institutions, including the Intergovernmental Panel on Climate Change (IPCC), as an essential component of the future energy mix.
☀️ Unlike renewable energy sources such as wind and solar, whose production depends on atmospheric factors, nuclear energy offers a constant and predictable capacity with almost zero CO₂ emissions during operation.
⚙️ In this context, new technologies represent a promising evolution, offering greater flexibility, safety, and economic and environmental sustainability than conventional reactors.
📶 Stay tuned.
#technology #energy #nuclear #ipcc #renewables #co2 #emissions
🪪 Satoshi Nakamoto gives his date of birth as April 5, 1975. April 5th we understood why, but 1975?
🇺🇸 United States 1933, Executive Order 6102 prohibits citizens from owning gold. United States 1975, end of the ban on gold ownership.
🌍 World 2008, Satoshi publishes the Bitcoin whitepaper and chooses its birth date not at random, but to spread a precise message: Bitcoin is the new gold, absolute digital scarcity.
❓️Why gold? What is the Gold Standard? Why and when was it created? How does Bitcoin fit in?
📶 Stay tuned.
#bitcoin #whitepaper #satoshi #nakamoto #usa #america #gold #world
Absolutely, and I will tell you more: the safest and cheapest way to store nuclear waste (better known as "spent fuel") already exists. In fact, in the following posts on my studies, we will also analyze this aspect.
📕 I take part of the title of my thesis: Bitcoin and energy... but which energy?
🔥 The energy most often referred to is nuclear energy, which has been the subject of heated debate and controversy for decades, but its role in the global energy transition is now more relevant than ever.
📄 With the ratification of the Paris Agreement and the goals of the European Green Deal, nuclear power is recognized as one of the key energy sources for reducing greenhouse gas emissions and ensuring a stable and reliable electricity system.
☢️ However, issues related to safety, plant construction costs and waste management continue to raise questions about its true sustainability.
❓️But, is it really?
📶 Stay tuned.
#bitcoin #energy #nuclear #thesis #green #europe #paris #accord #deal #agreement