$25k!!!!!!!!!!
ZAPS are the mechanism by which we incentivize contribution and creation rather than destruction.
Yup

Decent visualization of our current situation.

GM. Just got back from a few days away and it appears the banking industry has collapsed, again? LOL
So, the fed has been raising interest rates for some time now hoping to break the labor market and increase unemployment, crushing demand and bringing down cpi. Instead, with the collapse of Silicon Valley Bank, which may be a sign they have broken the banking system...
Prediction: the fed pivots at the next meeting and declares victory over inflation, which will likely still be rising...
Basically; "Oops, we broke the wrong thing! We tried to screw middle America, but we screwed everybody."
So, the fed has been raising interest rates for some time now hoping to break the labor market and increase unemployment, crushing demand and bringing down cpi. Instead, with the collapse of Silicon Valley Bank, which may be a sign they have broken the banking system...
Prediction: the fed pivots at the next meeting and declares victory over inflation, which will likely still be rising...
Basically; "Oops, we broke the wrong thing! We tried to screw middle America, but we screwed everybody."
$100 of Bitcoin at the current price will become $5000 once BTC hits $1m.
Today At $1m per coin
$10 $500
$25 $1,250
$50 $2,500 (approximate)
$100 $5,000
$1000 $50,000
Hopefully this puts it in perspective for someone.
What is money is a difficult question. This is my simplest answer.
Money is a battery.
Money stores the energy you expend and allows you to use that energy at a later time. It also allows you to divide that energy into what ever amount is needed at that time.
Just like chemical batteries, money comes in many forms. From rare metals to fiat, and all are not the same.
Bitcoin is the best money man has ever known.
If there is a way to connect those dots, I'm sure I'll be reading about it from you soon!
Just a friendly reminder to stack Sats!
When BTC hits $1,000,000 usd, every Sat will be = to .01 usd (a penny).
Couldn't get #[2] tagged in the original post so here it is for those that might not be following him.
@Jimmysong is a top notch tour guide to every Bitcoiner's journey down the fiat rabbit hole.
I will say, although I haven't done it, Amethyst makes it way to easy to copy your private keys. It's the first "copy" option... you have to find the public key to copy. It's a but backward to intuition.
If bitcoin never becomes more valuable than my current miniscule holdings and I never benefit from its potential; but it continues to deliver those less fortunate than I by delivering them from fiat servitude (Nigeria for example), me holding what I have to maintain that ability for others is well worth it.
Let me be clear though, I think eventually Bitcoin will be necessary for the west as well. We will be the last to recognize it...
IMO everything is manipulated (in a since) by the printing of money. Bitcoin being denominated in USD will cause its price to every go up as the denominator continues to increase. All-be-it, Bitcoin has many other "number go up" aspects, this is also one of them.
Thank you.
It seemed pretty straight forward. I used Satoshi wallet. Just put the url in the box and it put it in my profile. I haven't received a zap yet so not 100% sure it's working. Sending a zap basically just took me to my Satoshi wallet app and had my pre-set amount ready to send. Worked flawlessly to send a zap.
