Vistaprint, I used the built in QR code creator and manually adjusted the color to get as close to Bitcoin orange as I could. 🙂 Color code #FC9F30 is what it says.
Most people just look surprised I even ask and say no.
Occasionally they will look interested and say they've been thinking of trading Bitcoin/Crypto and I do my best to redirect them but didn't have anything truly substantial to give them which felt terrible.
Others will say they're outright not interested, haven't really had many of these because I've only been doing it a few months and I don't really shop much 😂.
Over the last few months I've been asking employees at stores if they accept Bitcoin yet. In response sometimes they will ask about it, but there's really not enough time to leave them with info that would lead them away from shitcoins and scams and trading and towards Bitcoin. So I began looking for a solution.
Initially I had the idea to give physical copies of the videos I have learned from, because spending money and time creating physical copies indicate a higher value than just sending a link.
So I bought cheap flash drives and loaded them with videos to hand out. But what initially felt like a great idea, handing out the flashdrives, just felt weird. After all who would trust a random flashdrive someone gives them?
I have since found another purpose for the flash drives, and I have changed my method which I am sharing now.
I created a YouTube playlist of 4 Videos and 1 audiobook at Bit.ly/StudyBitcoin .
1: God Bless Bitcoin - Documentary
2: How secure is 256 bit security? - 3Blue1Brown
3: But how does Bitcoin actually work? - 3Blue1Brown
4: How Money and Banking work (& why they're broken today) - Lyn Alden Media / nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
5: The Bitcoin Standard • The economics of Bitcoin • unabridged audiobook - Basic Economics / nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
It doesn't matter what they choose to start with as they are all great.
After making that playlist last night, I designed and ordered for around 67,430 Sats 500 copies of a double sided business card to hand out. One side links to the playlist, the other to Bitcoin.Rocks . I've attached pictures of the design so if others want to use it as inspiration they can do it as well.
Now whenever someone asks me about Bitcoin, I will hand them a card after speaking with them for however long we can. I'm also going to give some to my local Bitcoin club to hand out at meetings.
People are afraid of what they don't understand, so give them a seed and they can choose to water it with curiosity if they want. We are winning and we have the ability to help accelerate adoption with minimal effort such as this.
Stay Humble everyone.
☮️♥️₿
nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4
Welcome! Love to see happy people. ❤️
GM.
I've been feeling very sad lately for various reasons, but a big contributor is that nobody in my life has as much time as me nowadays. It's difficult to enjoy my hard earned free time knowing everyone else is still trapped in the system and has very little to no time as a result. Some of my friends have outright told me to stop talking to them about Bitcoin because they don't care. How can they care when they don't understand? They care about the things Bitcoin fixes, but don't understand Bitcoin enough to know that.
At least a good number of people close to me listen and stack sats, but I've been on this journey a while and it'll take them a while to get where I currently am. I guess I'm just impatient lol.
How do y'all in a similar situation handle your own mental health?
In 8 months, after over 3600 replies and over 900 notes, you have a whopping 200 followers. You only follow 3 people. You insult others for telling you things you don't want to hear, and you blame a network literally designed against censorship for your problems and claim you're being censored. Face it, your content sucks and you're toxic. I have seen your comments periodically and they're usually negative against Bitcoin or something else. Try being positive and stop insulting people. I'm muting you so I won't see your reply which will no doubt insult me. Have a good day.
Why does nobody learn? Today's "normal" is tomorrow's crash. Sell it now and put it in now. If you wait it'll go to $150k and you'll be waiting for a drop to $100k.
Proof of stake rewards those who have lots of money just for having lots of money, the more you have to stake the more money you can extract from the users of the network, just like our current system. It has a centralizing effect and leads to the devaluing of the units within the currency as it doesn't feed new energy value into the network and only siphons the current energy from the network, again just like our current system. It creates new tokens with a marginal cost of production of $0, and everything trends towards the value of it's marginal cost of production. Just like our current system.
Proof of work creates new coins in exchange for ever greater amounts of the time effort and energy used to create them. The amount of money individuals have within the network doesn't matter as anyone anywhere can mine Bitcoin, which has a decentralizing effect. The value of the network is not divided further by the issuance of new coins as the value of the work is absorbed by them. The continuously rising marginal cost of production of new coins provides an anchor on the price that is connected to the real world, dragging the price up over time relative to the excess global energy fed into it.
Proof of stake is a zero sum game and a ponzi scheme, proof of work is not.
GM freethinking people. The sun has risen and it's a beautiful day. Do something nice for someone you love and show yourself some love as well. Life is both long and short, make the most of it but also don't stress about it as there's plenty of time.
Recently I made homemade butter from the cream top of week old raw milk.
First time making butter. Tasted significantly better than store bought butter.
Bought it recently on Blu-ray, still need to watch it!
Is base chain privacy possible without compromising #Bitcoin's supply?
The fixed supply remains auditable because every UTXO is public. Avoiding privacy trade-offs like inflation risks ensure Bitcoin's limited supply .
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw & nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 explore the dynamics in BR089.
We don't want base chain privacy. Those who do are thinking too short term.
Everyone will always be able to see what the big players do with their money as it's basically impossible to hide unusually large wallets moving massive numbers of coins. This keeps large holders susceptible to public scrutiny, the larger the wallet balance the more scrutiny. It's only not private for plebs right now due to KYC and tracking associated UTXOs. Once Bitcoin becomes generally accepted and exchanges aren't needed anymore, because most transactions occur P2P and non-KYC, then it'll be much more private for plebs who grow a reasonable amount of savings.
There is nothing wrong with the current semi-private nature of the Blockchain.
As I understand it, through arbitrage between the value of UST and the yield of the US Treasury bonds that back them.
Treasury bonds often pay 4% APY. While this yield is less than the value of annual debasement of around 7% (I can provide source if asked), it doesn't matter to them because they pass the entirety of this value loss through debasement onto their customers who hold Tether.
If they issue 100,000,000 UST in exchange for 100,000,000 USD, they then turn around and buy Treasury bonds with the USD.
After a year their customers have lost 7% of the value of their money as it simply tracks the value loss of the regular USD 1 to 1.
But Tether the company hasn't lost any value as they don't own the majority of UST, they just guarantee it's value as 1 USD = 1 UST.
In essence their customers own shares of the Treasury bonds UST is backed with, but without any of the yield. The customers absorb the debasement loss of value, while Tether alone gets the 4% yield on the bonds. This is almost entirely where their profit comes from.
The more UST they issue, the more profit they receive from this arrangement which allows them to acquire more Treasury Bonds and issue more UST and so on.
As of today, Tether has issued over 140,000,000,000 UST so their profit would be at least over $5,600,000,000 annually if they only held US Treasury Bonds.
Their actual profits have broken $7,700,000,000 YTD, likely due to high returns from minor diversification into other assets that offer higher returns than Treasuries.
https://finance.yahoo.com/news/tether-reports-record-2-5b-081720051.html
For anyone wondering, this is how Tether makes money:
note10vdst5y5ztxefpgfq99cdxetfq8j5ldzy4r0a2wnzxcpyfhptxmqsyy5jr
As I understand it, through arbitrage between the value of UST and the yield of the US Treasury bonds that back them.
Treasury bonds often pay 4% APY. While this yield is less than the value of annual debasement of around 7% (I can provide source if asked), it doesn't matter to them because they pass the entirety of this value loss through debasement onto their customers who hold Tether.
If they issue 100,000,000 UST in exchange for 100,000,000 USD, they then turn around and buy Treasury bonds with the USD.
After a year their customers have lost 7% of the value of their money as it simply tracks the value loss of the regular USD 1 to 1.
But Tether the company hasn't lost any value as they don't own the majority of UST, they just guarantee it's value as 1 USD = 1 UST.
In essence their customers own shares of the Treasury bonds UST is backed with, but without any of the yield. The customers absorb the debasement loss of value, while Tether alone gets the 4% yield on the bonds. This is almost entirely where their profit comes from.
The more UST they issue, the more profit they receive from this arrangement which allows them to acquire more Treasury Bonds and issue more UST and so on.
As of today, Tether has issued over 140,000,000,000 UST so their profit would be at least over $5,600,000,000 annually if they only held US Treasury Bonds.
Their actual profits have broken $7,700,000,000 YTD, likely due to high returns from minor diversification into other assets that offer higher returns than Treasuries.
https://finance.yahoo.com/news/tether-reports-record-2-5b-081720051.html
Yes. China can't ban mining again (it's still banned) and cut the network hashrate in half which dropped the bottom out of the market mid cycle and gave us the double peak. 2021 was the outlier, 2025 will turn to the norm and be closer to 2017's cycle.
Okay false alarm. The remaining 5 minutes was a long product placement ad. This is the complete video.
I was surprised to see this video has been pulled from YouTube. I will not stand for censorship.
Here is an archive.org link and I've also uploaded a copy to this note.
Homeschool your kids.
https://archive.org/details/the-evil-history-of-our-education-system
nostr:note1873x5qpe0zx47w7f2dzfvsze4ccfaar297egw4n5v486sh0mwsasu8x249
More info. The YouTube version was 18 minutes long, the archive.org version (which I uploaded here) is only 13 minutes long.
I'm looking for the remaining 5 minutes.
I was surprised to see this video has been pulled from YouTube. I will not stand for censorship.
Here is an archive.org link and I've also uploaded a copy to this note.
Homeschool your kids.
https://archive.org/details/the-evil-history-of-our-education-system
nostr:note1873x5qpe0zx47w7f2dzfvsze4ccfaar297egw4n5v486sh0mwsasu8x249