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Bitcoin Basics
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Bitcoin Basics is the first Bitcoin-only animated entertainment channel on Youtube For brand partnerships reach out to info.bitcoinbasics@gmail.com

Really true. Have you heard Tristan Harris’ discussion on his podcast your undivided attention about Tik Tok and how likes are an infinite commodity.

Tik tok can influence likes up and down by making slight tweaks to their algorithm in real time. As a result, if you say something that is in the best interest of the powers that be of the ccp and Tik tok your post will get more engagement.

Humans naturally do what gets them more engagement so they are unknowingly nudged into creating content that is in Tik toks best interest.

Scary stuff

If a bitcoiner isn’t on nostr, I have to assume he is pro-censorship

Nostr is such a meeting place for all ideas Bitcoin. What a great place to share ideas and knowledge

#Lithium, the Irreplaceable Mineral, a thread.

Lithium is irreplaceable for the high-energy batteries that power electric vehicles. Lithium has a unique position on the periodic table, offering performance that cannot be replicated by other metals.

Lithium's high energy density also means fewer cells and a smaller footprint, which translates to lower costs for both vehicle and grid applications.

Lithium is essential for the energy transition.

It is estimated that a #GreenEconomy with 100% #ElectricVehicle adoption would result in a 30x jump in lithium demand!

As the demand continues to rise, will the world be able to provide the necessary supply of Lithium?

Here are a few of the countries that are leading the charge

1. Chile

Lithium reserves: 9,300,000 MT

Chile was the second biggest producer of lithium in 2022 at 39,000 metric tons. Chile holds most of the world’s “economically extractable” lithium reserves, the Salar de Atacama hosts ~37 percent of the world’s lithium reserve base.

2. Australia

Lithium reserves: 3,800,000 MT

Australia was the largest lithium-producing country in the world in 2022, however it comes in at a distant second in terms of #Lithium reserves.

The Greenbushes open pit mine has been producing lithium since 1985

3. Argentina

Lithium reserves: 2,700,000 MT

Argentina is the fourth largest lithium producer in the world, produced 6,200 MT in 2022.

Chile, Argentina and Bolivia comprise the “Lithium Triangle,” which host more than half of the world’s lithium reserves.

4. China

Lithium reserves: 2,000,000 MT

China holds lithium reserves of 2,000,000 MT, and last year it produced 19,000 MT.

China produces more than two-thirds of the world’s lithium-ion batteries and controls most of the world’s lithium-processing facilities.

Testing out my new wallet of satoshi

lnbc1u1p3lzcgypp5nr9h4rxt6e7x75agzjt8klzpzt47xddlj3zvvaakt67za7hl5z0sdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp57202hs4c3te3chkec8zt4cvmet59g2rgfl6qxudu3pahv5gytzhs9qyyssq222qqkq76pf4zcem444hqmn75m06lc48rursxlu472leg37q742xfp4x9mre8dqfhwkcjxlqxpmd2ws5tq8semetcks07h3zfkqf5pgpgcxtyv

It’s so exciting that all of us have the opportunity to get in at the ground floor of a new social media network like this. The network effects of growing a small following on nostr in 2023 will hopefully grow to become huge a few years from now

Pura Vida and happy SATurday

Does anyone know how to load your private keys from Damus into astral.ninja on the web based nostr client? It will accept my key but doesn’t recognize my account and following

I’m still trying to figure out how zaps work… I guess they don’t work on Damus?

It’s going to be hard for #Bitcoin  to “go to zero” with the number of animals out there willing to buy every last one of the 21 million if the price were to drop to a cent - I know they’re out there

History shows it is not possible to insulate yourself from others holding money that is harder than yours

Beneath a Scarlett Sky - world war 2 historical semi-biographical story, takes place in nazi occupied northern Italy. Unbelievable story

Technology is neutral - it can be used for the good and the bad.

For every person sending illicit transactions there is a person using #bitcoin for good to escape authoritarianism

Are you feeling the squeeze of 10% inflation that we have felt over the last year?

Consider the damage that is caused during hyperinflation events.

Take a look at these numbers as a reminder:

Venezuelan bolivar in 2018: 1,700,000 % inflation

Zimbabwe’s peak month of inflation is estimated at 79.6 billion percent month-on-month. Or 89 sextillion% year on year in November 2008

I’m re-listening to Sapiens by Yuval Noah Hariri. Personally it’s one of my favourite non-bitcoin #bitcoin books!!

What’s your favourite book that has nothing to do with bitcoin that has helped formed your understanding or helped you build a frame of reference to begin to understand why Bitcoin just works