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BITwise 🐳 >>= RIGHTish
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Music is culture. Culture is worth saving Save Music Do #Demu

πŸ€™πŸ½πŸ€™πŸ½πŸ€™πŸ½ msg'd you on TG

Anyone remember the name of the zap-gate? I'd like to use it but forgot the name. I think nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft made one a while back?

Support bitcoin.rocks any way you can. The work being done here is critical. Making actual cultural change at a grassroots level fosters change that sticks (pun intended πŸ˜†). Certainly a significant amt of time and money has been put into this project that ultimately benefits everyone, bitcoiners and soon-coiners alike! Do your part and keep spreading the word!

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Your two assumptions/conditions at the top are wrong.

S9s can be had for around $100. Bitaxe and other plebminers can be had for even cheaper if sourced right.

You can buy $0.01 of bitcoin.

You don't have to be rich to Bitcoin. Also, having bitcoin is not the same as controlling bitcoin. Saylor's stack has just as much influence on bitcoin as mine.

Aye so long as the actual supply of btc outweighs the amount of bitcoin you hope to withdraw, all is well. The iou's traded on exchange are inconsequential since they're within their own closed ecosystem. As soon as you wish to remove them and do anything other than simply passing ious back and forth, you have to pay the piper. And the piper only accepts real hard money.

As soon as you try to redeem 1 iou more than exists btc, then you're shit out of luck. So from a numbers perspective, sure there's more "bitcoin". But thats a meaningless number because as soon as you want to do anything with it, you have to exit to actual bitcoin. In reality when it comes to actual available liquidity, 21m=21m no matter how you slice it.

Exchanges can certainly fractionally reserve but that doesn't mean there's more bitcoin. There's simply more IOUs. But dont get it twisted, an IOU is not the same as the real thing.

An interesting thing to note... Bitcoin sorta does technically have inflation before it reaches hard cap. The difference is its a programmed and scheduled inflation rate. As coins are mined and released into the wild, technically that's inflation. But the difference here is that everyone is on a level playing field and everyone knows the score. Full transparency and no one can unilaterally decide to adjust the inflation rate.

I've met so many ppl who say their monthly meetup is like a breath of fresh air and gives them the refresh they need to face clownworld for the upcoming month

Does anyone have a good recommendation for a cafe or some place for me to post up and do some work while I'm in Nashville?

I know there's bitcoin park but I don't have a membership and I don't wanna defile the place by fiat mining and not necessarily working on bitcoin stuff while sitting in a bitcoin space.

Use a VPN, they pulled out of USA. Also turn off auto updates... older versions will show the warning but still allow you to zap out.