Bitcoin miners are incentivized to seek out the cheapest electricity available globally. Unlike regular server farms, they can handle energy intermittences due to their flexible nature and low bandwidth requirements. This means that they often set up in regions with abundant renewable energy resources like hydropower or solar power, which tend to be located in remote or less developed parts of the world. By doing so, Bitcoin mining contributes positively to bringing modern infrastructure to areas previously left behind while helping these places spur their economy without relying on central authorities. It's a win-win situation for everyone involved and one of Bitcoin's most significant advantages.#bitcoinmining #renewableenergy
Broken Money Book
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Bitcoin offers numerous benefits over investments in real estate. Real estate investments are often inflated, expensive to maintain and can be illiquid, which makes them an unattractive investment for those who seek more flexibility and mobility. Additionally, real estate is heavily taxed as property taxes can add up to significant amounts each year. Bitcoin's decentralized design advocates for minimal fees while remaining highly liquidable compared with other assets such as real state.Investing in Bitcoin enables individuals to maintain control of their wealth and escape the inflation that affects traditional assets like real estates.#bitcoin #realestate
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#Bitcoin addresses several issues, primarily decentralization and financial sovereignty. Traditional financial systems rely on intermediaries like banks, subject to central control and vulnerable to censorship and manipulation. Bitcoin, as a decentralized digital currency, offers a trustless system where transactions are recorded on a public ledger, eliminating the need for intermediaries. It provides financial autonomy, especially in regions with unstable economies or limited access to banking services. Additionally, with a fixed supply, it offers a hedge against inflation and government manipulation, appealing to those seeking a store of value outside traditional fiat currencies.
nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z
As a content creator in #Bitcoin, managing multisig and cold storage is crucial. Once you post about it, you become a target for hackers seeking easy access to valuable assets.
Vigilance in securing your holdings through these methods adds layers of protection against theft, safeguarding your investments and ensuring the security of your content creation endeavors in the volatile world of cryptocurrency.
#NUPL (Net Unrealized Profit/Loss) in Bitcoin assesses the profit or loss of all Bitcoin holders based on when they acquired their coins. It compares the current price of #Bitcoin to the price at which each holder acquired their coins.
NUPL can indicate market sentiment, with high values suggesting many holders are in profit, potentially signaling market tops, while low values indicate losses, suggesting market bottoms.
😅 love the no answer answer 🤣
Bitcoin has consistently outperformed major assets due to its unique properties. Its scarcity and decentralized nature provide a hedge against inflation and geopolitical risks.
With a limited supply and growing demand, its value has surged over time. Unlike traditional assets, Bitcoin isn't tied to economic cycles or government policies, making it resilient in uncertain times.
Its global accessibility and borderless nature make it attractive to investors seeking diversification. As a digital store of value, Bitcoin offers unparalleled potential for long-term growth, positioning it as a formidable asset class in the modern investment landscape. 
Investing in disruptive innovation, such as Bitcoin, carries significant risk due to its rapid evolution, regulatory uncertainties, and susceptibility to political and legal pressures. The volatile landscape, coupled with unknown factors, amplifies risk. Like any disruptive technology, Bitcoin's potential for transformation is matched by its inherent unpredictability, necessitating thorough research and risk management strategies before investment.
Excellent summary report of #ARK
nostr:note1cxzthc7ze30599vkmxel9akmszu2dzc9u6y76cfj06zvkg7m9jsqsp5mwy what else is coming?
I will say is doable but not feasible and practical. The practicality is what is making coins an cash to disappear. Let’s agree to disagree.
Could you elaborate more on the first paragraph seems to me that we agree that money is not scalable, people use less and less cash and coins to make transaction probably credit cards or debit cards is what they are using or Wee-chat in 🇨🇳
The economic incentives for not breaking the 21 million Bitcoin supply cap are simply too strong to ignore. Breaking this limit would undermine the credibility and trustworthiness of the entire system. While there have been instances in history where governments or financial institutions have manipulated their currencies, Bitcoin's decentralized nature with its transparent, tamper-proof blockchain means that any attempt at changing the set rules will be detected and rejected by participants in a network-wide consensus mechanism. Ultimately, individuals and entities alike face significant disincentives from altering such fundamental characteristics of Bitcoin, which is why it's earned reputations as a secure asset that can maintain its value over time.#bitcoin #supplycap
https://youtu.be/zW2nCk_bgJw?si=ZrfKTWvCi2n4tjhq
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Ledgers are key to scaling money, but they require trust in a central authority. On the other hand, coins and cash don't require trust but are limited in their scalability. Bitcoin solves this by providing a decentralized ledger that can scale infinitely without relying on intermediaries or permission from centralized authorities. This revolutionary feature of Bitcoin not only makes it more secure than traditional payment methods, but also able to handle an infinitely higher volume of transactions through its blockchain technology. It's clear that Bitcoin represents a quantum leap forward when we compare it with previous forms of money issuance and transmission created by humans.#bitcoin #blockchainscaling
https://youtu.be/d7ID3fKAFQM?si=C_gdMSeNtJ3GHCRG
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Bitcoin is synonymous with hope nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m 🥹👍
Bitcoin is much more than just a digital asset. It's a public good that provides access to financial services and opportunities for individuals worldwide. Think of it as a superhighway for money, without limitations on borders or restrictions on who can participate. Bitcoin enables people to transact freely and maintain full control over their wealth, all while facilitating financial inclusion through its decentralized design. By recognizing Bitcoin's potential as a public good, we can help support its growth and pave the way for greater economic freedom around the world. #bitcoin #financialinclusion
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To do good and be good you need to be internally good 🫶
#Bitcoin's continued functionality and adoption promise transformative impacts across various domains. Its decentralized nature challenges traditional financial systems, offering an alternative store of value and means of exchange.
Widespread adoption reshapes savings paradigms, providing individuals autonomy over their wealth. Governments face pressure to adapt regulations to accommodate this new paradigm, potentially shifting power dynamics.
Nation-states may reconsider monetary policies as Bitcoin's influence grows, impacting global economies. Ultimately, Bitcoin's success could herald a fundamental shift in financial infrastructure, savings habits, governmental structures, and geopolitical landscapes, ushering in a new era of decentralized finance and sovereignty.
#BITCOIN will eat the world 🌎
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx 😎🫶
Bitcoin operates in cycles, which last approximately 4 years and coincide with the mining of 210,000 blocks as defined by its algorithm - a process known as 'halving'. During each cycle, the block rewards for miners are reduced by half leading to an expected decrease in supply. Ultimately this leads to higher Bitcoin prices incentivizing more investment and adoption. Previous cycles have shown extreme upward price movements, creating significant wealth as demonstrated recently. The current cycle is predicted to continue into 2024 leading some investors further solidifying Bitcoin's market superiority over other asset classes.
#bitcoin #halving #investment
https://youtu.be/41t4tkqRiOs?si=xr_himjHQ2sX3qy2
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