Infrastructure only became indispensable once the hard work of commercializing the opportunity was completed. Among those early networks, the story of James J. Hill and the Great Northern stands out as a blueprint for today’s bitcoin industrialization. https://www.ten31.xyz/insights/commercializing-bitcoin
Equity built the modern world because it rewarded credible reputations and punished false promises.
In bitcoin, reputation only follows credibility: it cannot precede it.
Bitcoin and nostr:npub14pymadh04lt8tl3lv93yr3vnlxw39s3ahdvmhvlu6u27fve8umfqa9zd6m work toward restoring that alignment.
https://blossom.primal.net/868b5fb448eb51e20a9d84ed3549a7558e93a9da9cb302a626c650197449df4f.mp4
Equity built the modern world because it rewarded credible reputations and punished false promises.
In bitcoin, reputation only follows credibility: it cannot precede it.
Bitcoin and nostr:npub14pymadh04lt8tl3lv93yr3vnlxw39s3ahdvmhvlu6u27fve8umfqa9zd6m work toward restoring that alignment.
https://blossom.primal.net/868b5fb448eb51e20a9d84ed3549a7558e93a9da9cb302a626c650197449df4f.mp4
The internet transformed distribution but concentrated value in platforms.
AI will transform access to competence, but consolidate value in the physics that make it possible: energy, compute, and fabrication.
Bitcoin affords everyone access to capital, but concentrates credibility in those who steward it wisely and structure it well. nostr:npub14pymadh04lt8tl3lv93yr3vnlxw39s3ahdvmhvlu6u27fve8umfqa9zd6m
To any artists out there I am interested in commissioning a work. I would like to have a physical rendition of my latest piece. https://www.ten31.xyz/insights/bitcoin-because-were-right
Because We’re Right: The builders continue, eyes fixed on horizons not yet seen.
https://blossom.primal.net/0d4137aa12b48a128e344ca41f3e971912a2d4abff8418e45001ea01a99727c8.mov
Congrats to nostr:npub1theparkprcs70dcs437ke9zzwsr6u60f8flu7rg28m30438aep9sd94dha for their high signal event: Imagine If. A lot of work in and a lot of big things came out of it.
Do not sleep on Start9, that team is going to change will the world. POWER TO THE USER!!!
If you aren’t reading Ten31’s Timestamp what are you even doing with your life?!?! nostr:npub14pymadh04lt8tl3lv93yr3vnlxw39s3ahdvmhvlu6u27fve8umfqa9zd6m https://www.ten31timestamp.com/p/ten31-timestamp-905241
what a doomer
Talked a lot of large allocators this week and all of them think bitcoin has near topped for this cycle. Probably a signal there somewhere something something isn’t priced in yet….
I thought I was bullish, but turns out I am not bullish enough.
Battery loans not mark to market. The loans are for a 10yr duration. Battery is discussed here: https://ten31.vc/insights/bitcoinscarcerthanyouthink
Trying to explain what bitcoin is to someone unfamiliar with financial and computer science terms is usually pretty difficult and nearly impossible when the definitions are not clear. There are typically a lot of words like money, bearer asset, trust minimized, network, protocol, as well as many others being used to describe bitcoin. So, to say someone can get lost in translation is an understatement as it can be a frustrating experience for either party. Given that every human on the planet from almost our earliest days has participated in the exchange of goods and services, it is fair to say that there is an inherent understanding of money and why it is useful. This basic premonition follows that money facilitates the exchange when you want to buy a house, a car, or food at the grocery store to alleviate the coincidence of wants problem (i.e. having to barter). Today’s money and all the historical iterations (transition states) can therefore be thought of in a broader approach as mediums *for* exchange. Thus, it can be understood that the advent of money indicates the purpose of an environment for exchange to occur. Bitcoin is simply the end state digital transformation of money from the shared physical environment to a shared digital environment. An openly accessible digital environment without barriers to entry or seigniorage creating conditions that are better described as a medium *for* exchange. What could be brushed aside as a simple change in wording is actually a fundamental shift on how to grasp and explain what bitcoin is.
Medium
A medium is defined as the substance that transfers the energy from one substance to another substance or from one place to another, or from one surface to another.
surrounding objects, conditions, or influences; environment.
Of
expressing the relationship between a part and a whole.
For
used as a function word to indicate purpose
used as a function word to indicate an intended goal
Through this lens, Ten31 sees companies operating at today’s transition point as creating new technologies that will accrue outsized value facilitating commerce in different and innovative ways leveraging a new medium for exchange. These bitcoin technology companies are allowing their customers to interact within the environment of bitcoin in such ways as for the visualization of the environment (Mempool.Space), entrance to a global marketplace for the environment (Strike), and many others Ten31 has supported over the last five years.
https://ten31.vc/insights/bitcoin-medium-for-exchange
An idea is a greater monument than a cathedral. -Inherit the Wind
Zaps on Primal crush! Congrats nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr
Alert!!! Top zapper on the feed is the blackhole of sats!