Nah, it's that I'm not native English, but I have rather sizeable vocabulary. But I'm not much of DIY so those things are not within easy reach in that vocabulary.

Oh, right! 😂 I didn't have the right English word in mind.

Screwing not drilling?

The last Bitcoin halving was 1 year ago today

Bitcoin is not a religion. Which can be restated as follows: all software has bugs; it is currently impossible to guarantee any given piece of software has zero very serious bugs; #bitcoin is software; therefore bitcoin can fail.

One can follow this chain of logic further and assert that IF bitcoin fails, some of the stronger #altcoins can reasonably, eventually be expected to gain in value and usage. Therefore, while most altcoins are #shitcoins, some of them are definitely not.

We can all argue until we are blue in the face what the probability of bitcoin failing might be. (Personally I think that probability is very low at the moment.) The one propisition that cannot be rationally argued, is that bitcoin cannot fail.

Therefore any rational bitcoin advocate could reasonably hold most of their net wealth in bitcoin, but it is not reasonable (CERTAINLY not if you have dependents) to hold 100% of your wealth in bitcoin.

Buy lots of bitcoin, do it now. Buy some gold and silver, at least some of it physical. Buy small quantities of a handful of the more worthy altcoins. Personally I like litecoin (bitcoin's testnet), monero for privacy, Ethereum which deserves a lot of credit for putting flesh on the idea of "smart contracts". Keep a nice wad of physical cash under your pillow. And then no matter what happens, you and your children are much less likely to be rendered destitute by unforeseen events.

#meme #memestr #nostrmeme

“We need to talk.” and “Sir, I’m going to need you to step out of the vehicle”

Synonymous and probably expensive.

#gm #coffeechain

Fiat is designed to go down in value. #Bitcoin is designed to go up in value. $1,000,000 per #Bitcoin is therefore a conservative price tag.

- nostr:npub10wv37amdqnv8edw5yktgsxr62g8k4lqkk2u66fk6c6uwuakzssxsf4v22x

#BitcoinTwitter

Zettahash incoming! 🫠🚀

#bitcoin #bitaxe 🎸#nostr

0 to $100k took 15 yrs. 100k to 10m will take 15 more.

The price of homes isn't going up; USD is going down. #Bitcoin

A lot of people, including some really well known ones, cite the figure that the U.S. has to roll $9 trillion in debt over the next 12 months, as though it’s a disaster.

Sometimes they assume the average interest rate is spread over the full Treasury debt duration evenly, including from years ago.

But in reality, most of what is maturing is short-term debt, which will have similar interest rates as it had over the past couple years, and mostly the same holders will refinance it. Only a minority is longer-term debt, meaning lower-rate bonds will mature and get refinanced by higher-rate bonds. Not a giant deal.

I’m first in line to talk about debts, deficits, and interest expense becoming a problem. I even have probably the best-known single meme about it. So, zooming out, yes it’s a major deal.

But most of the time when people cite the gross refinancing numbers over the next 12 months, it’s a flag that they’re unfamiliar with the subject, and getting caught up in alarmism.