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Pleb34
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#Nostr only #Bitcoin only

All 3 of these Presidents were elected and then re-elected (FDR 3 times) by the American public. As much as you may not like them for things you prioritize in 2024, the contemporaneous majorities disagree with you, and these 3 were responding to their constituents at the time.

Back of the envelope numbers: Based on current Gross Profit and Bitcoin price, Block will be soaking up 10% of all new bitcoin produced by miners.

@jack = LEGEND

Satoshi said in an email: “The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more. At the same time, the increased production would increase the difficulty, pushing the cost of generating towards the price.”

The bitcoin price today is far below production costs. Probably a good time to stack.

When one sees #Hashprice collapse to all time low levels, it is probably a good time to buy #Bitcoin.

I did. #HODL