Even though Bitcoin's supply is scarce and set to 21million, none of it was available to anybody when it began...so the problem (and question) was, how do we get bitcoin to the world? The answer was allow people to "mine" for it to solve puzzles to find a block which in returns a bitcoin reward (issuance) if you successfully solved it first. At first these rewards were high for every block, in fact so high that a majority of the 21million is already issued within first 15years of bitcoin's life...but after every 4yearperiodl there's a halving, where these rewards to puzzle solvers get cut in half. Basically next week itll be roughly twice as hard (or more) to get newly issued bitcoin via mining.
Samurais visit various mining facilities globally and use their sword to cut down ASICs. Otherwise they live in caves in the mountains the other 3 years.
I like these circles
Is there anything else we can do to make life even more annoying than what fiat system has done?
Ive replaced my wanking with vices. $$$
nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg LN ADDRESS + FEDI + NWC STACKED ON A SELF CUSTODIAL LIGHTNING WALLET IS A SERIOUSLY POTENT PRODUCT
What is NWC?
Any idea if his lifespan was normalish? Sorry to hear
Whats that?
Are these still manufactured & sold new?
WAIT....
Real estate was just getting older and going down all these decades? And that among us, dwell evil beneficiaries of cantillon effect whose wealth increases at rate of nominal money/credit creation that far exceeded what normal people see as "real estate gains"?
Bitcoin has been the first thing to not only normalize the playing field, but also destroy the evil system too?
It's clear from Saylor why:
He doesnt want to add resources that have potential to make changes to the perfect asset.
If you listen to him enough, the above would be his logical reasoning.
I disagree with it. Funding bitcoin devs does not necessarily mean changing fundamentals of bitcoin.
Thats pretty hot
Im sick
Too scared to try
I DO NOT KNOW WHAT FECKLESS MEANS
Creating Infidels in America & elsewhere