#m=image%2Fjpeg&dim=944x494&blurhash=iAS6A49FVDj%5Bvyt7vyxuv%7CWBIURiaeWBofoft8oz%7DPV%3FMxt6RjfkR%2BW%3FS5IVt7oJs%3AofR*ozWDf%2B8wxvx%5DWDkDWBoeadjY&x=96013805f4b802b6a327219a32a8eceafd712c528f193189eba011d26b279df9
Everyone always asks "what is #bitcoin?"
Lots of great answers, from technical, to philosophical, to economic..
Reflecting humility, I always used to say "...at the end of the day, it is a huge social experiment."
Now, I simply think "Bitcoin is power."
WE ARE GRATEFUL
WE ARE HOPEFUL
WE THANK YOU
Elon will run it into the ground, and find some sucker to come bail him out. If it goes like other ventures, he might even find some way for the US taxpayer to fund his failures.
Crises is ripping across the frontier markets. #bitcoin
These people are unhinged from reality, and not in a funny way.
Suits this morning like, "wait, you mean AI breaks my identity, and I need to learn self custody and personal responsibility?" 🥸
The World’s Poorest Countries Buckle Under $3.5 Trillion in Debt https://www.bloomberg.com/news/features/2023-12-13/debt-crisis-poorest-nations-owe-trillions-in-high-interest-rate-world
The global south is in the middle of a DEBT CRISES, with collapsing currencies, rampant inflation, and societal collapse.
It is heartbreaking.
Fix the money, fix the world. #bitcoin nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
Fiat's degradation of retailing, in one video.
Tick tock, next block.
Everyone is focused on #bitcoin price as a measure of success.
But bitcoin hashrate is hitting ATHs, and is a proxy for the physical power securing the network, and people's confidence in the same.
And, then there is the INCREASE in hashrate, importantly signaling the network's growing power and physical strength.
This growing power is forcing the ruling class to bend to its will, slowly but surely, over time.
More banks, governments, politicians, investment managers, etc, are pro-Bitcoin. Not because they want it. Because they need it to survive.
It is no wonder those that feel oppressed at the hand of the ruling class, globally, are also first adopters of the technology and jumping on the bandwagon.
Bottom line: Bitcoin, by creating incentives to harness and deploy energy, delivers the power and show of strength to reset society, without death, injury, or one drop of blood.
Satoshi deserves the Nobel Peace Prize. And, we are all Satoshi.
I don't think it is just Millenials that reject the existing framework. It could increasingly be entire countries.
With our passion for sound money, are folks underestimating the value of the world's most secure and immutable communication network?
Much like there are strategic geographies on the world stage, those with #bitcoin hashrate will also find themselves strategically important players in the future.