🟠 What does #Bitcoin mean to you?

Using only one word

#AskNostr

First post on nostr!

I have a Bitcoin question #asknostr

Is it better to set up a daily recurring buy say $7 a day or a weekly buy of $50 a day?

Cheers!

#bitcoin falls on the news that inflation is increasing the USA. This is a sign that investors still view it as a risk-on asset. We are extremely early!

Correct wait until it helps develop OTEC

Bitcoin's economic incentives are helping to solve a real-world problem: accessing renewable energy in remote areas. Waterfalls and other sources of hydroelectric energy are often located far from population centers, but the rise of Bitcoin mining has created a new market for these otherwise stranded resources. Miners can now mine Bitcoin using this excess or trapped electricity at lower rates than centralized grids and sell it on global markets.We achieve two things here; profiting miners go to the difficult-to-reach locations with profitable outcomes while advocating for greater adoption of cleaner energy alternatives.#bitcoinmining #renewableenergy

Sure I perfectly understand your point the current democratic system doesn't allow you to understand where and how those campaign donations are being applied and that's exactly where the money laundering is hapenning worldwide. We need transparent methods such as Blockchain to follow the money trail.

Sure I perfectly understand your point the current democratic system doesn't allow you to understand where and how those campaign donations are being applied and that's exactly where the money laundering is hapenning worldwide. We need transparent methods such as Blockchain to follow the money trail.

What makes you conclude that?

The term “national emergency” has been used 82 times by the US government since 1976 in order to circumvent the constitution or the Bill or Rights (supposedly temporarily).

Did you know that 42 of these declarations are still in effect today?

The next time the fiat system in on the brink of failure, they will likely try to blame #BTC . If they try to 6102 our #Bitcoin , dont expect it to be a temporary measure.

We all know they cant stop it, but they do not know it. They will try. It will be futile, but be ready for increased friction. If this doesnt play out, then great. But if it does, you will be happy you saw it coming.

6102 was declared as a national emergency due to the great depression and financial crisis of 1933. Specifically at a time when american families needed gold the most! Why would you think the same could not happen with #Bitcoin ?

First, they tried to stop the gold run on banks by simply closing the banks. That didnt work, so they labled honest Americans who just wanted their own money as "Hoarders".

These Hoarders were now technically enemies of the State. This gave the Fed the power to collect names and prosicute American citizens for owning their own money.

The Fed sent a memo banks, demanding the names and addresses of all persons who have withdrawn gold from said banks. Sound much like the mining law they were trying to pass reciently? I think so!

The next day, Congress passed the Emergency Banking Relief Act.

It gave #POTUS authority to regulate “any transactions in foreign exchange, transfers of credit between or payments by banking institutions as defined by the President, and export, hoarding, melting, or earmarking of gold or silver coin.”

Money that the government can not control means people that the government can not control. At some point another "national emergency" will arrive and they will be looking to point the finger at anyone besides themselves...

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Stay humble, stack sats, protect those sats.

Could someone explain why an AI program cannot generate an infinite number of seed phrases to eventually break into a #bitcoin wallet? #asknostr

Well this topic has been discussed previously in another thread and most participants agreed that presidential candidates should win elections according to the funds (in Bitcoin) they recieve from party, partners and voters altogether, during electoral campaigns. Presidents must be monitored by civil society groups and courts, to guarantee transparent fund management. Also many discussed how Assemblies or Parliaments approve governing policies funded through taxpayers money - often these policies benefit businesses instead; being able to finance laws is a major opportunity for citizens, international organizations and development agencies alike.