Think again… IOU 💵 
Excellent, have you write about it? Please share so people know there are different paths 🤓🙏
Bitcoin provides a solution to several problems, including centralized control of currency, lack of transparency in financial transactions, and restrictions on cross-border payments. By enabling peer-to-peer transactions without intermediaries like banks or governments, Bitcoin allows for greater financial autonomy and privacy. Additionally, the blockchain technology underlying Bitcoin ensures that transactions are secure and transparent. Overall, Bitcoin offers an alternative to traditional centralized systems that prioritize profit over social welfare. Whether it's addressing issues of inequality or promoting greater transparency in global finance, Bitcoin represents an innovative solution to pressing economic challenges.#Bitcoin #Cryptocurrency #Blockchain
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Agree! Im not able to do that yet, still need some collaborative infrastructure made by the government, how do you do it?
🤓🙏 nostr:note12xymqmnk25v4ktkgcr4nj3s9h8xqglmftm8x5x6ee0ly437pn0csjrtf6n
Do you have it in English or other languages?
Si español hablas, muy bueno! nostr:note1ujha4hkje0efvwsngggclu2p7cs6a6wzy3hufjw7wmkyxnwrj89sv4cj0w
BITCOIN has no use cases? Comment below y you know about one or 2.
#Bitcoin serves various practical purposes, including harnessing stranded energy from renewable sources, incentivizing the development of technologies to consume renewable energy efficiently, and enabling peer-to-peer money transfers without intermediaries.
Its ability to consume excess renewable energy, thereby mitigating waste, addresses environmental concerns while fostering innovation in renewable energy consumption.
Moreover, Bitcoin facilitates borderless, censorship-resistant transactions, empowering individuals in regions with limited access to traditional banking.
By incentivizing the adoption of renewable energy and offering financial autonomy, Bitcoin demonstrates its utility beyond traditional currency, paving the way for a more sustainable and inclusive financial ecosystem.
The #law often struggles to keep pace with rapidly evolving technologies like #Bitcoin due to its complexity and global reach. Bitcoin's decentralized nature, coupled with its economic incentives and global adoption momentum, means it's likely to be embraced before lawmakers fully understand it.
Legislative processes lag behind innovation, leaving gaps in regulation that Bitcoin users and businesses navigate with innovative solutions.
Market forces, driven by Bitcoin's utility and demand for financial products, will propel adoption despite regulatory uncertainties. As a result, Bitcoin's widespread adoption may precede comprehensive regulatory frameworks, highlighting the challenges of reconciling technology with traditional legal systems.
“Grayscale's forthcoming Bitcoin Mini Trust ETF is set to boast a mere 0.15% fee, marking the lowest among spot Bitcoin ETFs. The product, slated to debut on NYSE Arca under the ticker BTC, contrasts sharply with Grayscale's existing Bitcoin Trust (GBTC), which carries a hefty 1.5% fee. Additionally, Grayscale plans to allocate 10% of GBTC assets to the BTC Trust, with shares automatically distributed to GBTC holders. This transition is tax-free for existing GBTC shareholders, sparing them from capital gains tax implications.”
“The Bitcoin network has recently undergone its fourth halving, resulting in miners now earning 3.125 BTC per block alongside transaction fees. Following this event, BTC's price seems stable, yet there's been a notable surge in transaction fees due to the introduction of Runes protocol.”
Bitcoin can be more volatile than fiat assets, but this shouldn't be a cause for fear. Instead, it's important to understand that price fluctuations are a natural part of the market cycle. By contrast, traditional currencies may appear more stable due to centralized control and government intervention. However, fiat assets steadily lose value over time due to factors like inflation and massive money printing. In short, while volatility may seem unsettling at times, Bitcoin offers an opportunity to diversify one's portfolio and potentially generate higher returns over the long term. #Bitcoin #Inflation #Volatility
https://youtu.be/Maf5_BJO9Uc?si=Fmsg4txbM1Huszz3
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Crypto expert Nic Carter argues that the recent Bitcoin halving will not lead to a significant reduction in supply compared to previous cycles. The current decrease is only around 900 BTC/day, as opposed to over 1800 in prior cycles. Additionally, there has been an increase in hodling by long-term investors and miners who can afford to hold onto their assets until prices rise again. While halving events may have some impact on price fluctuations, Carter believes that supply dynamics are just one factor among many shaping Bitcoin's future trajectory. #Bitcoin #Crypto #Halving
https://youtu.be/GrVgvzkqG64?si=h_6ghbHfsWw3YHXu
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As with any revolutionary technology, both good and bad applications emerge. Just as drug dealers used pagers in the 1980s to communicate, criminals can use #bitcoin for ransomware attacks and other illicit activities. However, it's essential to note that the tool is not the issue; it's how people choose to use it. Instead of blaming new technologies outright or criminalizing them by default, we must focus on promoting ethical practices while upholding individual responsibility instead of centralized control systems fostering innovation acting as a driver towards maximum social welfare so long these innovative trends contribute positively rather than negatively towards societal evolution leading us forward rather than backwards.
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For too long, developed nations have imposed solutions on developing countries that increase their debt burdens and further impoverish them. However, this approach doesn't address the root causes of poverty. Rather than perpetuating unsustainable lending practices and creating new banks to service existing debts, we need to prioritize decently paid work opportunities, responsive governance structures, civil rights protection for individuals regardless of their socioeconomic status rather than solely doing it for elites only, and national autonomy boost statutory frameworks allowing local empowerment needed for sustainable development across borders in a goal-optimized manner. While virtual currencies like #bitcoin may help enable financial independence over traditional banking systems or usurer credit operators' predatory lending practices keeping impoverished people under the heel at high interest rates.
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In the digital age, information is money, and bitcoin represents a new form of currency built on that premise. The blockchain's decentralized ledger technology enables secure information-sharing while ensuring transparency and immutability across borders in real-time transactions without limitations or intermediaries. In this context, data functions as an asset to create value through accessibility, accuracy or analysis of financial realities over time given changing market conditions. The ledger creates trust by recording all transaction activity permanently and indelibly attached to the #bitcoin coins themselves ensuring increased auditability and liquidity for anyone globally wishing access to such a cutting-edge financial technology innovation with transformative implications for worldwide economic wellbeing.
https://youtu.be/d7ID3fKAFQM?si=C_gdMSeNtJ3GHCRG
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When it comes to money, there are only two kinds: gold and #bitcoin. Everything else is credit – claims on other forms of money that rely on the financial system's stability. Both gold and bitcoin provide store-of-value characteristics beyond traditional systems controlled by governments or intermediaries due to their intrinsic scarcity and decentralization. They serve as alternative assets in a world where fiat currencies struggle with low interest rates, high inflation, and political instability. Understanding the distinctions between these types of currencies can help people make informed decisions when investing their wealth for sustained prosperity with minimum risk exposure for greater long-term benefits.
https://youtu.be/cifuTy4fBfg?si=nbPfWqqU2O-HPFHN
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#Ardoino is a bitcoiner, what do you think?
Gold mining, such as Grasberg in Indonesia, can be tremendously detrimental to the environment with colossal toxic waste production and extensive deforestation. In contrast, #bitcoin "mining" uses computational energy that has been shown to be relatively benign for the environment when powered by renewable energy sources. Digital gold offers an eco-friendly alternative that emits far lower carbon footprints than traditional money mining practices while facilitating financial liberation for individuals beyond borders in a hyperconnected society without putting natural resources at risk.
https://youtu.be/cWQ7oIJ5Uxs?si=kcW8M1dQQB4gfiO1
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