Avatar
WBTM
974245625f27b25ba05834fa0e7f410ec90b0d8e76a2d340cc22410920af21b7
#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

The shift to remote work, accelerated by the pandemic, has changed the dynamics of office space demand. Companies are adopting hybrid models, reducing the need for extensive office space. This trend, coupled with the financial strain on businesses during the pandemic, has led to a surplus of vacant office spaces. The potential oversupply, paired with changing work preferences, could impact the value of office space assets. Investors should closely monitor these trends and consider diversifying their portfolios to mitigate potential risks associated with the office space asset class.

Maybe, just maybe there are already a lot of banks underwater?

https://youtu.be/cwk_l-U-0D4?si=hLZUZ4EBXg0BBRTe

Nice video! 🤓 nostr:note18vn8dczxldetxmgk6xalgd5tdp96tp4ftqaztd2ykm0dfpj0ft8qzf6xmw

Why #bitcoin is good for the environment?

#Bitcoin miners are incentivized to seek the cheapest electricity globally because the primary cost in cryptocurrency mining is the energy consumed.

Unlike traditional server farms, #Bitcoin miners can adapt to energy intermittences by pausing and resuming mining operations without risking data loss or service interruptions.

This flexibility allows them to capitalize on fluctuating energy prices and relocate to areas with abundant, low-cost energy sources, contributing to a more dynamic and cost-effective operation compared to traditional server farms that require a stable and consistent power supply.

#BrokenMoney nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

Refute the argument: Bitcoin is wasteful and/or bad for the environment.

#Satoshi Nakamoto's creation of #Bitcoin reflects the wisdom of Einstein and Da Vinci. By adhering to Einstein's principle of simplicity, Nakamoto designed a decentralized digital currency with a straightforward yet robust mechanism, fostering widespread adoption. Simultaneously, echoing Da Vinci's notion, the elegance of #Bitcoin lies in its sophistication—solving complex problems like double-spending without unnecessary complexity. This balance between simplicity and sophistication has been integral to #Bitcoin's success, making it accessible while embodying a profound technological achievement.

nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe

Why #bitcoin? #DigitalScarcity

"Brevity is the soul of wit" William Shakespeare.

Indeed, concise communication often holds greater impact and clarity.

nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a follow her buy her book 📖

Depends on how much you want to 💰 pay someone is charging for borrowing those stocks…

#ShortSelling and why doing it with #Bitcoin is too risky

Imagine,John, who believes that a trendy new restaurant's popularity is overhyped, and its stock will decline. In the world of investing, John decides to short sell the restaurant's stock. Here's how short selling works:

John borrows 10 shares of the restaurant's stock from his broker and immediately sells them at the current market price, let's say $100 per share. Now, John has $1,000 from the sale, but he owes his broker 10 shares of the restaurant's stock. His hope is that the stock price will indeed fall.

If the stock price drops to $80 per share, John can buy back the 10 shares for $800, returning them to his broker. In this scenario, he initially gained $1,000 from the sale and only spent $800 to buy back the shares, resulting in a $200 profit.

Now, let's consider short selling #Bitcoin. While the basic principle is the same, short selling #Bitcoin is often deemed too risky due to its volatile nature. Unlike stocks, #Bitcoin can experience extreme price fluctuations in a short period. If you short sell Bitcoin at $50,000, for example, and the price surges to $100,000, your losses could be mmm substantial.

#Bitcoin's decentralized and speculative nature makes it unpredictable, and timing the market accurately is challenging. The potential for unlimited losses in a short position makes short selling #Bitcoin riskier compared to traditional assets with more stable price movements. Investors should exercise caution and thoroughly understand the risks involved before engaging in short selling, especially with highly volatile assets like #Bitcoin.

The best you can do is read about it, understand why and the hodl… forever until you need to sell it due to an emergency 🚨. Buying a lambo is not 😏

https://youtu.be/V5Mhj6tlr9A?si=jWnsskdDnX9Tn1oD

Why #bitcoin?

Gold (per ounce)

1970-$36.00

2023-$1,896.00

2076-$99,856.00

Average House Price in USA

1970-$25,000

2023-$450,600

2076-$8,121,614.40

Why not???

https://youtu.be/KHH_rHDaC3c?si=Kvf-7C6_LNOQ6Wsf

The Money Speech on Atlas Shrugged, by Francisco d'Anconia.

"So you think that money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value."

"The more laws, the less justice" is often attributed to the Roman philosopher and statesman Marcus Tullius Cicero.

The logic behind the statement "The more laws, the less justice" reflects a perspective that an excessive number of laws can lead to a complex legal system that may be challenging to navigate. The idea is that an abundance of laws, regulations, and statutes can create confusion, loopholes, and inequalities in the application of justice.

In a system with an overwhelming number of laws, individuals may find it difficult to understand and comply with all the regulations, potentially leading to unintentional violations. Moreover, a complex legal framework can provide opportunities for legal manipulation and exploitation, contributing to a sense of injustice.

Simpler, more streamlined legal system may enhance the likelihood of fair and equitable justice, emphasizing the quality and clarity of laws over their sheer quantity.

#bitcoin has simple rules that is easy for everyone to follow.

The Gutenberg Press, a symbol of knowledge liberation, initially broke the Church's monopoly on information by making books accessible to the masses. However, it's ironic that this tool of liberation later contributed to a different kind of control. With the advent of the printing press, central banks found it cheap to print money, leading to potential economic manipulations and centralized financial power.

The press, once a vehicle for spreading diverse ideas, inadvertently facilitated centralized control through currency production. The irony lies in how a tool that empowered people's access to information ultimately played a role in concentrating economic influence in the hands of central authorities.

https://youtu.be/seZCCxLFYck?si=Ejz02AFRAHKjtfcQ

The deficit of a lot of governments are unimaginable numbers for the average Joe. 1,000,000,000,000.00

“They are video game numbers”

https://youtu.be/PylrnskOT0w?si=pNTkp6z4XHkRhalk

“This is not true, they just need to read an understand the asset class to handle the volatile behaviour in the adoption curve.”

Let’s I magine you're buying a rare tea set from China. The usual way to pay involves several steps:

Talk to your bank: Your bank converts your local currency to Chinese yuan through a network of other banks, each taking a fee. This can be slow and expensive.

Wait for approval: It can take days for the money to transfer and be approved by both banks.

Paperwork piles up: You might need forms and approvals from each bank involved.

What Project #mBridge tends to solve. The project is a new technology like a special "payment bridge" between countries. It works like this:

Direct connection: Your bank connects directly to the Chinese bank on the mBridge platform, like a secure online highway.

Instant transfer: Your local currency instantly converts to yuan directly, bypassing other banks and their fees. It's like magic, but with technology! 🥶

Simple and secure: Everything happens on the #mBridge platform, eliminating paperwork and making the process transparent and secure.

Think of it like sending a message: with traditional banks, it's like relaying it through multiple people, while #mBridge delivers it directly and instantly. Kind of like #bitcoin but controlled by governments. 🥶

Imagine a small business in Africa can finally import supplies directly from Europe without worrying about high fees and delays. A student studying abroad can easily pay for tuition without getting stuck in exchange rate hurdles.

Tourists can pay for things on vacation without carrying large amounts of cash or struggling with international ATMs.

#mBridge connects banks directly, removing middlemen and reducing costs.

It uses digital currencies (#CBDCs) instead of traditional ones, allowing for instant transfers.

The platform is secure and transparent, simplifying the process for everyone involved.

So, while the technology might sound complex, its goal is simple: to make international payments faster, cheaper, and easier for everyone, just like a magic payment bridge connecting the world, kind of like #bitcoin but with full surveillance control by governments.🥶

Certainly, one argument favoring #Bitcoin over #gold and #silver is its ease of transfer and lower shipping costs. #Bitcoin, being a digital currency, doesn't have a physical form and is easily transferable across borders without the need for physical transport. This contrasts with the weight and bulk of #gold and #silver, making #Bitcoin more efficient for international transactions.

Additionally, #Bitcoin's divisibility is a strength compared to precious metals. While dividing #gold or #silver into smaller units can be cumbersome and costly, #Bitcoin allows for micro-Transactions with ease, providing more flexibility in financial transactions.

However, it's important to note that each asset has its own set of advantages and disadvantages, and individuals may choose assets based on their preferences, risk tolerance, and overall investment strategy and that is ok.👌

“Old people shouldn’t buy #bitcoin”

#RobertKiyosaki is an entrepreneur, investor, and author best known for his book "Rich Dad Poor Dad." Born on April 8, 1947, in Hawaii, he started his career in business and investing. Kiyosaki advocates financial education and believes in leveraging assets, entrepreneurship, and investing for financial success.

His interest in gold and later Bitcoin stems from his concern about the stability of traditional currencies and the potential for economic downturns. Gold is often seen as a hedge against inflation and economic uncertainty, while Bitcoin, as a decentralized digital currency, is viewed by some as a store of value and a way to diversify investments. Kiyosaki's perspective on alternative assets reflects his strategy to navigate the evolving financial landscape.

“Old people shouldn’t buy #bitcoin because they can’t take the heart attack” 😂

This is not true, the just need to read an understand the asset class to handle the volatile behaviour in the adoption curve.

https://youtu.be/n9WwUuNFY6w?si=glXBf99Wuwlv82Uw

Does who adapt the best tool for the job survive and thrive…

What is the best tool to protect your time that was converted to your local currency?

USD?

US Goverment bonds?

S&P500?

TESLA?

GOLD?

#BITCOIN?

https://youtu.be/seZCCxLFYck?si=u9cBiaQAIZSOEl_8

Funny question to ask to Jerome P… Will the prices come down?

Funny as a S question to ask, unless they are able to drain the 5 Trillion USD that they injected into the economy.

The most important quality of money is “scarcity”, if money can be printed by any nation, institution, or group of nations, it will never be scarce enough and it will only help the ones closest to the waterfall of the printing machine.

https://youtu.be/ImrKxlLJCEY?si=zMC2b8UwFbTc9lK6

WHAT #BITCOIN TAUGHT ME:

#GiniIndex

Imagine a town with ten friends, each earning a different amount of money. Now, let's arrange them in order of income. The #GiniIndex is like a storyline that measures how evenly the money is distributed among these friends.

In a perfect, equal scenario, everyone would have the same income, creating a straight line. But, if one person has a lot more money than the rest, the line starts to curve, reflecting income inequality.

The #GiniIndex is ranging from 0 to 1. A Gini of 0 means perfect equality, where everyone has the same income. On the other hand, a Gini of 1 signifies extreme inequality, where one person has all the money, and others have none.

So, the Gini Index narrates the income distribution, helping us understand the fairness or inequality within the group of friends.

https://youtu.be/wxqPRwhEvDI?si=C2ZEzSvjCtkW61r6