Think I did too. Had to search for them and see if they even exist still.

Sent in a ticket over a week ago and no response.

i gotchu

Thank you bitcoin 🫡💜🫂

People don't realize that I can't just "Make more Bitcoin" for them for Christmas, I've received thousands of requests for Bitcoins for Christmas, Nobody can make more Bitcoin, Not even me. I don't mind gifting a few days here and there, but I've got my own stacking to do to you know. #Bitcoin #Introductions

Happy #HODL Day everyone! (:

🧐

Interesting

#Money #wealth #Nostr #Bitcoin

BlackRock psyop

which fork is bcash 2.0?

David Bailey just posted the draft for an executive order for the Bitcoin Strategic Reserve under Trump – and it's an absolute nightmare for anyone using bitcoin as money.

First, the draft order defines Bitcoin as "a finite store-of-value asset, akin to digital gold."

As someone who has lived on Bitcoin for a fairly long time, I can say that Bitcoin is not merely a "store-of-value asset", but a money for payment and day to day purchases.

Defining Bitcoin as a "store-of-value asset" reinforces the ossification narrative (who needs to move a stonk several times in a day?) which may put developers at risk when prioritizing changes to btc to make it more usable as money (think scaling for example).

With this definition, a softfork to activate covenants may become an issue of US national security that goes against the US' definition of its primary goals - directly putting developers in the firing line of the United States Government.

The draft states that federal agencies, such as the US Marshall's Service, may not auction seized Bitcoin off, but must contribute them to the strategic reserve.

This not only reduces the Bitcoin in circulation available to the public, but additionally sets the incentive for the US to increase its seizing efforts – think increased AML/KYC.

While I'm no fan of the strategic reserve in general, this draft is an even bigger disappointment than Sen. Lummis' proposed Bitcoin Act.

To compare this to how El Salvador has implemented Bitcoin, which I admit I initially wasn't a fan of either, ES directly gives citizens rights to use Bitcoin as money - which is a huge upside to benefit the people, and not just the national security state.

No offense, but letting a couple of children that just graduated college and a guy who runs a magazine draft US policy is a scene straight out of idiocracy.

Next time, maybe try speaking to the people actually building and using bitcoin, not just to the boomers and national security goons that sit on the money like a fat kid at the cake buffet.

Incredibly unprofessional conduct here by BPI, a huge risk to anyone using Bitcoin for anything other than an investment, and a testament to the people involved being more interested in furthering their own importance than to empower people with a money without state.

Sincerely hope that this EO is drastically challenged on all levels and hopefully somehow deemed unconstitutional to protect btc and the people developing it.

Ahh good 'ol days

Happy I AM HODLING day!

GOOD AFTERNOON

ONE MORE DAY IN THE FIAT MINE

THEN 15 DAYS HOLIDAY

HAPPY XMAS

There will be signs!

Tis the Season to Reply, Zap and Follow! GM! 🫂

I ordered over 10 days ago, didn't get any updates or notices or mentions about backorders , and when I called in I was told it would be WEEKS before my order would be shipped. So I've asked for a refund (which still hasn't arrived)

Yeah, unfortunately I wasn't able to do that, because I pretty much rebuilt it from scratch

First time riding the wave?

At 3k they said it would not be that cheap anymore.

At 15k they said it won't be cheaper then 10k ever again.

At 67k they said it was the last time under 70k. Yet I was able to stack for 16k after it was at 70k.

I a pretty sure that I will be at 50k-70k within next two years again.

I hope that you're wrong, but it certainly feels that way...

Yep. I provide a service, ensuring that people have heat and cooling, and their electrical and plumbing needs met. In return, I get weak money which is automatically converted to hard money when it hits my account.

I give value, I get value. The unit my employer pays out in doesn't bother me.

Idk about cool. Just adding value where I can and retaining my profits in the hardest money there is.

With some gentle Bitcoin evangelizing along the way.

I'm a super Karrot

I did a good doxx on the last post. Reposted. 😀

Error token already spent 😭

goooooooonight

I just finished reading Bitcoin Mining Economics by Daniel Frumkin. It's a good read! My biggest takeaway is that large mining farms are the Ghost of Bitcoin Past. Convertible debt offerings to buy bitcoin are the Ghost of Bitcoin Present. Smaller, more distributed mining is the Ghost of Bitcoin Future. Here's why.

Large mining operations are simply not profitable to run on a bitcoin standard. They never have been. After you spend all the capital to buy machines, site hosting, cooling infrastructure, and power purchase agreements (PPAs) you start your business of accumulating bitcoin deep in the red. In order to reach net positive profits you have to dig out of this debt hole AND earn a profit on top of it.

But ASICs depreciate rapidly and network difficulty continually explodes upward so mining farms are working against a very significant headwind. They are racing to accumulate a bitcoin stockpile before their investment depreciates. Frumkin runs the numbers, it almost never works out in real terms. You pretty much always get to keep more bitcoin in the long run by simply buying and holding with that upfront capital.

So why are there so many large mining farms? Because of fiat debt financing models. If you can get someone else to loan you the dollars to build out a farm you can win in the long run thanks to Gresham's Law.

It's the same fiat game every intelligent investor with an appetite for risk is playing. Get as much fiat denominated debt at the best terms possible that you can service without defaulting. Use that money to accumulate assets that increase in value. Denominate your liabilities in a depreciating unit of account and transfer all your wealth into appreciating assets. This is how the Cantillionaires benefit from the money printer. It's a story older than bitcoin, but the strategy is turbocharged with bitcoin's unbelievably rapid price appreciation.

This model has worked for 10 years with mining farms because the big money was too stupid to just buy and hold bitcoin. They weren't comfortable with this risky new asset. They wanted to see a business model with cashflow, financial prospectus, and, most importantly, assets to hold as collateral.

That's all changing now. Saylor has upended the model. Now, even mining farms are skipping the mining part and jumping straight to the Saylor strategy. Today Riot, operator of the largest mining farm in the world, announced they are raising half a billion dollars. Are they investing in ASICs? More mining sites? Research and development? lol not a chance. They are buying bitcoin. The dumb money phase is over. Smart money wins from here on out.

What does this mean for the mining industry? I don't have a crystal ball but I think a good educated guess is that the largest bitcoin mining farms will stop getting larger. The business of paying for electricity solely to mine bitcoin is going away. Bitcoin mining will enter an era where the only profitable way to mine is to make use of it's positive externalities: exhaust heat, demand response, and stranded energy.

The future is putting an ASIC in every water heater and HVAC unit. ASICs in every windmill and solar panel. ASICs on every oil well flare stack. ASICs on every new nuclear plant, but only until demand ramps up and a higher paying customer displaces them.

The declining block subsidy will reinforce this trend. As mining becomes less profitable, only the miners who don't rely on mining profits will survive.

In a nutshell: decentralization is coming. I am so fucking here for it.

nostr:note1cq6l5394e5lx6wcd7q3yt608ux2wrftyav9amzpm7kpscneljdgq4454da

Wait. Is Tidwell with ZBD?

Recently discovered BRI (body roundness index) instead of BMI. I like it much better because BRI says I’m healthy. BMI says I’m overweight.

Ahh I love this space. Expediting my learning curve.

i gambled for the first time ever on basketball yesterday n got lucky

played $50 of house money that was credited to me because i deposited $10 and played it (still waiting to see what those $10 do/ won 1 out of the 2 for that one check next pic)

serious question though does anybody here watch basketball religiously and also place bets? I’d like to ask some questions lol (I don’t watch sports like that)

Please disappear when you have the means to

Your Ego cannot stand the gains that you generated.

#nostr2025 IYKYK