Is possible to live in Venezuela with 5$ at day from #nostr ? Spoiler: it is!! And this video shows everything
https://v.nostr.build/XL1nZEJvyOb5rHSE.mp4
The Challenge is to live 1 month from #nostr earnings, we already bought the food for 1 week thanks to you all!!
#plebs #plebchain #venezuela
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Welcome to freedom tech my friend.
Can you guess how many of these great landmarks were built under FIAT currencies?
GOOD MORNING!!!!!!!!!!!!
There will always be fundamentalist groups of every religion throughout the world. But in this particular case most of the Muslims in the West arrived recently as refugees from money printer caused/enabled/lengthened wars in their home countries. Not only are there too many immigrants arriving too quickly due to that, but westerners trapped in FIAT slavery have little time to welcome them and help them assimilate. As a result they just form groups of refugee immigrants and their version of The God Virus strengthens as it's not exposed to communities with information that helps free their minds. FIAT increases struggling, which in turn is used by religions to help convert or further indoctrinate people.
GM peeps.
Humans are not meant to work so hard.
Free yourself with Bitcoin.
I actually agree. I liked this post though just because I found it funny to do so. 😂
Godspeed soldier. 🫡
EEEEH EEEEH EEEEH!
(Translation: Life as a Dolphin on a Bitcoin standard.)
Nah. He can buy as much as he wants. The reason he wants it is the value goes up forever, the reason we want it is the value goes up forever AND we can be self sovereign with self-custody.
Him buying more makes the price go up and makes it harder for everyone to buy including the wealthy. It also grows the value of current holders savings. Do not fear any accumulation of Bitcoin, welcome it. It is a good thing.
Damn, I think my cost of living is close to $150 a day. Pretty low for my area although it's for 2 people and 3 pets. No way to make a living on NOSTR for me currently, but you may just manage it with enough effort! Wild how different costs of living are around the world. Good luck!
The only thing that really matters in determining the long term value growth of Bitcoin is the mining network and the halving.
Supply and demand has the strongest effect on the margins, and the price is set on the margin. If it costs $312,500 worth of energy to mine 1 block where the reward is 3.125 Bitcoin (plus minor amounts of fees), than the value of each Bitcoin reflects it's cost of production of about $100k each.
If the amount of input cost remains the same but the halving reduces the coins, then the value must adjust to reflect the new balance of the trade and the value of each coin grows while the hashrate reduces until equilibrium is reached.
Miners will not mine at a loss for very long, so the coins cannot be worth less than their production cost. If they are worth less then inefficient miners will stop mining, the difficulty adjustment then occurs and makes it easier to mine and reduces the energy input required to better match the market price = miners are profitable again.
On the other hand miners will mine harder if it's more profitable because the price is above it's production cost. But then the difficulty adjustment will occur and make it harder to mine and reduce the distance between the price and mining cost so it's less profitable. Growth has to be gradual, until the halving shakeout of the most inefficient miners occurs and forces faster change.
The entire system keeps itself in equilibrium. Bitcoin's price and production cost are tightly linked.
Understand that the actual fair and sustainable value of your coins is more accurately reflected by the average mining cost of production than is the FIAT market's price.
The crashes of 80% only occur after the market price grows to multiples of the average cost of production through mining. Avoid the FUD crash and take advantage of it by understanding this and paying attention to the real game of continually growing amount of mining waste/excess energy in exchange for a continuously reducing amount of coins.
Gotta love the people who support shitcoins like Monero or Bitcoin Cash.
Newsflash! We don't want to just spend economic energy easily, we want to spend BITCOIN easily. We want the best asset in history to be used as a store of value and a unit of account and a medium of exchange ALL IN ONE. Bitcoin is the ONLY asset that grows as fast as it does as a store of value, so it doesn't matter that it's cheaper to send shitcoins because they all go to zero against the best because they AREN'T BITCOIN.
