#BITCOIN failing possibility will always exist…
As a #Bitcoin enthusiast or investor, continuous questioning is vital. While deeply involved in Bitcoin, it's easy to become complacent, but staying objective is crucial.
The possibility of Bitcoin failing always looms, impacting investments and industry involvement. Remaining critical fosters growth, resilience, and innovation within the Bitcoin ecosystem. It ensures that weaknesses are addressed promptly, making Bitcoin more robust and adaptable to challenges.
Ultimately, ongoing scrutiny safeguards against blind faith and helps navigate potential risks in the ever-changing crypto landscape. 
Should #BITCOIN changes move asymptotically?
A software evolving asymptotically toward perfection offers stability, security, scalability, efficiency, adaptability, seamless user experience, and room for innovation—critical for a global currency.
Stability fosters trust; security protects assets; scalability accommodates growth. Efficiency minimizes costs; adaptability ensures relevance.
A seamless user experience drives adoption, while room for innovation keeps the currency competitive. As the software requires fewer changes over time, it becomes more reliable, reducing vulnerabilities and optimizing operations.
This trajectory ensures the currency's longevity and success in an ever-evolving financial landscape.
#Bitcoin didn't emerge out of nowhere; it was shaped by the events and ideas that preceded it.
Its creation was influenced by various disciplines like cryptography, computer science, economics, and philosophy.
Ideas from previous attempts at digital currencies and dissatisfaction with the traditional financial system also played a role.
Additionally, Bitcoin's creator, Satoshi Nakamoto, drew inspiration from the cypherpunk movement's desire for privacy and decentralization.
Thus, Bitcoin stands as a culmination of technological advancements, societal needs, and ideological motivations that preceded its inception. 
Why #fullReserveBanking is better than #fractionalReserveBanking?
Full reserve banking offers a straightforward approach where banks keep all deposits in reserve, ensuring they can cover every dollar deposited. This eliminates the risk of bank runs and protects depositors' funds.
In contrast, fractional reserve banking allows banks to lend out a portion of deposits, creating money through loans but also increasing the risk of insolvency.
With full reserve banking, financial stability reigns supreme, as every dollar is backed by actual reserves, providing a safer and more reliable banking system for everyone involved.
#brokenMoney
Which one is better #CommodityMoney VS #CreditMoney?
Picture money as a giant ledger, keeping track of all our transactions and savings. But here's the twist: there are two types—credit money and commodity money. Commodity money, like gold or silver coins, follows nature's rules.
Its value and limits are determined by what nature provides. Credit money, on the other hand, relies on trust and promises.
While both are essential, commodity money acts as a sturdy, unchanging record keeper, grounded in the laws of the natural world.
#BrokenMoney by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
Coins was a technology and they are round and flat for a reason…
Back in the day, trading was a wild ride—you never knew if you were getting a fair deal. But then came gold and silver coins, shining like heroes in a sea of uncertainty.
Their round, flat shape made them easy to handle, while their standardized weight and quality made trading a breeze.
Suddenly, you could trust that what you got was the real deal, boosting confidence and making trade smoother than ever before. Gold and silver, the OGs of trustworthiness!
What is money?
Imagine a world before cash or cards, where trust was the currency. That's flexible social credit—keeping tabs on favors among family and friends.
It worked well in small circles, like swapping chores or borrowing sugar. But as communities grew, it became hard to track who owed what to whom.
Without a formal system, it couldn't handle the demands of larger societies. That's why we needed something more universal, like money, to keep things fair for everyone.
Financial nihilism is the belief that traditional financial systems are meaningless or futile. It's like saying, "Money doesn't matter because the system is broken anyway."
For example, someone might think, "Why bother saving when the economy is unpredictable?" They might avoid investing or budgeting because they feel it won't make a difference.
Essentially, it's a mindset that dismisses the importance of financial planning and actions. 
Boost & bust is the normality
In today's financial landscape, many feel compelled to gamble with their limited funds due to systemic pressures. The allure of quick money through avenues like sports betting, derivatives trading, and volatile altcoins beckons amidst economic uncertainties.
Traditional banking systems often exclude marginalized communities, pushing them towards riskier financial ventures in pursuit of stability. Additionally, a lack of financial literacy exacerbates this trend, leaving individuals vulnerable to speculative investments.
As a result, people seek unconventional paths to financial security, enticed by the promise of instant wealth. Addressing these systemic inequalities and promoting “real” financial education are critical steps towards fostering a more equitable and stable financial ecosystem.
#StudyBitcoin100hours
Also..
"Breaking news: #JPMorganChase, a leading U.S. financial giant, unveils its bold move into the world of cryptocurrencies! Revealed in a riveting SEC filing on the same day as Wells Fargo's announcement, JPMorgan Chase shocks the financial world with investments in top-tier Bitcoin ETFs by Grayscale, ProShares, Bitwise, BlackRock, and Fidelity.
Holding a staggering $760,000 in shares of major Bitcoin funds like BITO, IBIT, FBTC, GBTC, and even diving into the realm of crypto ATMs with a stake in Bitcoin Depot. Stay tuned as traditional finance meets the digital age in an unprecedented fusion!"
https://cointelegraph.com/news/jpmorgan-chase-shares-spot-bitcoin-etf
"#BigNews from #WellsFargo! The banking giant has ventured into the world of Bitcoin, investing in ETFs offered by Grayscale and ProShares.
With 37 shares of ProShares Bitcoin Strategy ETF and a whopping 2,245 shares of Grayscale Bitcoin Trust, they're diving deep into the crypto market.
And that's not all – they've even got a stake in Bitcoin Depot, the crypto ATM provider. It seems traditional finance is embracing the digital revolution!"
https://decrypt.co/230234/banking-giant-wells-fargo-reveals-investments-bitcoin-etfs
By trying to explain your idea in simple terms or on basic principles can make your mind connect the missing dots of whatever is going through your head 🙏🤓
Cheers my friend, we love to give you some feedback on your idea but it is still to high up to comprehend.
Be humble🙏🤓, share your ideas, if you are able to explain it to anyone is because you really understand what you are talking about.
In November 2012, Bitcoin experienced its first halving event. This involved reducing the miner rewards from 50 BTC to 25 BTC for every block mined on the blockchain network. The halving process is designed to occur roughly every four years and will continue until all of the projected 21 million Bitcoins are in circulation. At the time of the first halving, there were approximately 11 million Bitcoins already in circulation as this digital currency began its journey into the global financial system. It's important to understand these events as they impact how many new Bitcoins can be generated and therefore influence its perceived scarcity and value proposition. #BitcoinHalving #Cryptocurrency
#Wbtm
Contrary to popular belief, banks today don't have much cash actually stored in their vaults. Instead, they rely on digital records and software systems to keep track of customer deposits and transactions. While physical currency is still used by individuals in their day-to-day lives, from the perspective of financial institutions, most funds are simply entries in a ledger. This shift towards digitization has already disrupted traditional banking models and is likely to continue as technology advances. In this context, Bitcoin's status as a fully digital currency becomes all the more relevant. #Banks #DigitalMoney #Bitcoin
https://youtu.be/aroJlOw1Hzc?si=SiMyevViLht6otHd
#Wbtm
Stop living in #AUTOPILOT
Refusing to coast through life on autopilot is the pivotal moment that ignites the possibility of achieving something extraordinary.
It's why I founded #WBTM - What Bitcoin Taught Me. By breaking free from routine and embracing the unknown, we uncover lessons that spur innovation, growth, and transformation.
Through #WBTM, I aim to share insights gleaned from the journey of self-discovery, fueled by the dynamism of the crypto space, inspiring others to chart their own remarkable paths.
Support me by sharing 🙏🤓
Bitcoin can be difficult to understand because it disrupts our traditional understanding of money and finance. It operates outside the control of central authorities, is entirely digital, and runs on a decentralized network. This departure from what we're used to challenges our preconceived notions about how the financial system should work. Despite this difficulty in understanding, Bitcoin's potential benefits are clear: increased financial freedom, reduced reliance on intermediaries, and protection against inflation. As such, taking the time to learn about Bitcoin is becoming increasingly important for anyone looking to stay informed on emerging technologies and trends in finance. #Bitcoin #FinancialDisruption #EmergingTechnologies
https://youtu.be/FWY4ZMfoIcA?si=f-MAoTAySJ_NgY7z
#Wbtm
Blockchain technology is often criticized for being an inefficient database, but this inefficiency is actually a feature rather than a flaw. The decentralization offered by blockchain comes at the cost of efficiency since all transactions must be verified and recorded by multiple nodes on the network. However, users are willing to accept this added complexity and longer transaction times in exchange for greater security, transparency, and autonomy. In a world where trust in institutions continues to erode, blockchain's decentralized nature provides a welcome alternative. #Blockchain #Decentralization #Cryptocurrency
#Wbtm
Bitcoin is money, just like physical currencies, but it exists entirely digitally. It has all the properties of traditional money, such as being a medium of exchange and store of value. Bitcoin can be used to purchase goods and services and can also be exchanged for other currencies or assets. Its digital nature makes it efficient for cross-border transactions, eliminates the need for intermediaries, and allows for easy storage in digital wallets. With its increasing adoption by individuals and institutions alike, Bitcoin's status as a legitimate form of money continues to gain recognition. #Bitcoin #DigitalMoney #Cryptocurrency
#Wbtm