Any S&W fans out there? This little guy was my first #EDC gun, and is still my favorite for when I need to carry concealed. Much better options on the market for capacity these days, but I have never bothered upgrading.
#gunstr #gunporn
I owe 90% of my conviction about #Bitcoin to Guy, and I am sure I am not alone in that. Send him some zap-fueled love to help him out in this rough event.
This is not a "No Guns" sign.
#m=image%2Fjpeg&dim=500x500&blurhash=UXRe%2CHRj%24*%252RjnOt7R*_Nt7IoM%7B%25MS%7EM%7BxG&x=acf5c865f5f97cf2528408f4020514ff34d1c3fdfa13583b24de5e576fb8726f
It's a "Concealed Carry Only" sign.
Buy the rumor
Buy the news
Buy the dip
Buy the top
Just buy and never sell.
That's an interesting take. I am not sure what you mean by built-in auto-scaling, nor about scaling being straightforward, involving computing and energy. No matter how much computing and energy is thrown at it, Bitcoin still only has ~144 blocks a day and 1mb/block, not counting witness data.
Even self-custody Lightning requires ownership of a UTXO currently, and eCash is a custodial solution, not-self custody.
Other options are in the works, and I am sure that incentives will result in even more possible options down the road, as the need arises, but I would still consider that a far cry from "straightforward."
In what sense is Bitcoin currently capable of being the world's currency? Pretty sure we still haven't scaled to that level without significant custody tradeoffs.
Potential is a better word than capable as of right now, in my opinion.
Yeah, they can't read ancient Greek either. Or Latin, or Hieroglyphs, or Babylonian. But as long as we have open-source, self-hosted AI that CAN, they don't have to.
nostr:npub14wdq03qehytwvkts2vynx5r50alf3h0twfg750w478u2vxwsegss4wf5cq nostr:npub14f0xen78ed7rgvw39v82fwp7tv65yasz2gsgpf4gvxy4q5nlsydsk37k3l is a cool guy. He heads up Thank God for Bitcoin and has a Reformed perspective, if I am not mistaken. 😉
I would endorse following him.
If you like animals, nostr:npub1sur5gd3mrfvcd4nh8dtsdh0ztrqrnaknff0lcfcfz5pn56n8eqkqv9sm0l is a cool account to follow.
I didn't know about this account! Instant follow!
My oldest daughter nostr:npub14wdq03qehytwvkts2vynx5r50alf3h0twfg750w478u2vxwsegss4wf5cq just joined #Nostr.
Give her a warm welcome #Nostriches!
And yes, I have full access to her account, keep it PG-13, folks.
#plebchain
Bitcoin as a Store of Value is driven by people buying it with the weaker money in order to preserve their purchasing power across space and time. They will be reticent to sell or spend it unless absolutely necessary.
Bitcoin as a Medium of Exchange will be driven by businesses realizing that they would prefer to receive payment in sats rather than fiat, and therefore providing incentive to those willing to spend their sats.
While we currently have a miniscule percentage of merchants who prefer to receive Bitcoin as payment, our mode of operation when buying from them should be to spend and immediately replace, or more ideally to use something like Strike or Cash App to convert fiat to sats as we spend it.
We get rid of our dirty fiat AND the merchant receives sats. Win/win!
As an added benefit, there is no concern about our cost-basis when we spend this way.
My short-hand explanation of the difference between Fiat, cRyPt0, and Bitcoin:
Fiat = A few oligarchs can print money at will.
cRyPt0 = Anyone can print money at will.
Bitcoin = No one can print money at will.
Exactly. They start waking up and thinking, "Why would I want to accept anything else as payment?"
I know we want the medium of exchange stage to come faster, but that will not be driven by people being willing to spend their stack. It will be driven by merchants preferring to receive payment in sats.
Until then, I would much rather offload my fiat when I purchase something than to spend from my stack. If I can do so in a way that the merchant also receives sats, all the better.
I prefer spending dirty fiat in a way that the merchant receives sats, but I don't have to spend out of my stack.
When will the "no trade zone" end?
It never ends. Never trade. Stack sats and chill.
Guy has never heard of multi-sig? I would need to lose AT MINIMUM 4 things to lose access to the bulk of my stack, and if I was dumb enough to store them all at the same location... well I am sure everyone would appreciate my donation.
Sovereign Craft is now the only #Bitcoin integrated #Minecraft server after Liberty Land dropped off the map, and Satlantis was forced to abandon the Minecraft platform by Mojang due to their pay-to-win model. Glad to see it is still getting support from the community.
Just need more Bitcoiners to play on the server. Who here wants to get #Minecraftstr rolling?
When we sell our productive time and energy or the fruit thereof, we naturally prefer to receive payment with a money that will maintain or increase its purchasing power over time, if such a thing is available.
When we spend our money to acquire someone else's productive time and energy or the fruit thereof, we naturally prefer to offload any money we have that loses purchasing power FIRST, before letting go of money that will maintain or increase its purchasing power.
A few things can be done to align the incentives of the seller and the buyer so that both prefer to transact in the stronger money.
1. The seller can make it more difficult to transact with them in the weaker money. This, however, may mean they lose out on too many sales.
2. The seller can charge more for what they sell when priced in the weaker money. This, too, may result in losing sales to competitors with lower prices.
3. The seller can offer more attractive pricing when denominated in the stronger money, while keeping the weak money prices competitive with the market.
4. The seller can exchange the weak money into the strong at their earliest convenience.
Eventually, no one will want the weak money anymore, and everyone will be transacting in the strong money, but that process takes quite a bit longer than just 15 years. #Bitcoin