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#WhatBitcoinTaughtMe (WBTM) https://geyser.fund/project/whatbitcointaughtme A lot of valuable info isn't on indexed webpages – it's in #podcasts and #videos, which aren’t easy to search. At #WBTM, we break down key ideas from brilliant thinkers and share the original sources, bringing you the best insights from our journey on #Bitcoin New Logo! 🍊 #BitcoinIsWater #DontLike | #Zap Or #Share NO FINANCIAL ADVICE, EDUCATIONAL CONTENT ONLY Donations: https://coinos.io/WBTM Available communication channels: #Nostr (main source) #Podcast #Fountain https://fountain.fm/show/qY2p53f9v5BE3gsUwo4t #Spotify https://open.spotify.com/show/4uBOOdKzF3GT7NFWPRDUP1 #YouTube https://www.youtube.com/@WBTM21 #BlueSky @wbtm.bsky.social #X|Twitter @wbtm21 #Threads @wbtm.21 #Instagram @wbtm.21 (bitcoin Art) #TelegramGroup (short Articles) https://t.me/wbtm21 #WhatsAppGroup (discussions) | Community (short Articles) #LinkedInCompanyPage (medium-size Articles) https://www.linkedin.com/company/wbtm/ #FacebookProfile (Latam Education repost in Spanish) https://www.facebook.com/share/F1mJphZHgFe8B4Ag/ #TikTokProfile https://www.tiktok.com/@wbtm21

Monopolies Vanish…

John es Gutenberg by inventing the printing press took the monopoly of written knowledge from the Church.

#SatoshiNakamoto by inventing #Bitcoin will take the monopoly of money from governments?

https://satoshi.nakamotoinstitute.org/emails/cryptography/1/

Under the fiat monetary system, the cost of currency issuance is close to zero, which is very profitable for the central banks and nations as there is no longer any limit on the quantity of money that can be created, further shrinking the value of the existing currency in circulation, and annihilating the purchasing power of the currency holders – people like you and me.

Battles in the monetary market are not about incremental technological features, but rather monetary properties…

#RoughConsensus is achieved when all issues are addressed,

but not necessarily accommodated.

https://datatracker.ietf.org/doc/html/rfc7282

There is no success without failure. Failure is the previous state before arriving to success.

If your credit card is on its limit don’t try to spend less of what you earn, ask for more credit

https://twitter.com/wallstreetsilv/status/1655954344326615043?s=46&t=uztC8_6EbmYkhNJR4LsxgQ

Studying for becoming a #BITCOIN expert, give me some likes!

This is hypnotising!

Cool to watch the behaviour…

History of Bitcoin 2009-2018 (Git Visualization) https://youtu.be/DjYbsq3FXfM

#BITCOIN is an economical & sociological system.

"The test is the test of the software, but what's the test of the test? The software. To test the test, you must break the software"  Greg Maxwell

https://youtu.be/nSRoEeqYtJA

#FocalPoint (or #SchellingPoint) is a solution that people tend to choose by default in the absence of communication.

A big difference between linear businesses and exponential ones, so called #NetworkEffect

Where To Hide As Banking House Of Cards Collapses? | Ran Neuner Pt. 1/2 https://youtu.be/xlxc5hCI3kI

#BitcoinGovernance is an inter-subjective social consensus.

It has value because people believe it has value…like #gold dear @PeterSchiff

https://youtu.be/yzQ4OPjPPP0

"#Bitcoin  is an impenetrable fortress of validation".

If everyone determines that a mined block is invalid then the miner's coinbase reward + fees is worthless. #StopAndDecrypt

A #BitcoinNode is fake Bitcoin detector. Just as people transacting with #gold want to use special equipment to verify that the #gold is #legitimate, #Bitcoin nodes check the rules of #Bitcoin and enable the user to interact with the #Bitcoin network.

#FractionalReserveBanking is BIG RISK when and only when the trust is lost, or or the @federalreserve increases the interest rate and everybody wants to move their money an get that yield

First Republic Collapse:

https://youtu.be/qHcvrgfj4-w