Avatar
Jon
d345c09ab4c626dcd34932baf32fa8c918c2013b450c27e064b231ff720d405d
Traveler, saving in bitcoin

Imagine you backed up your #bitcoin seed phrase on a metal plate, stored it in your house, which just burned down, and you are not allowed to go back into the neighborhood. Feel safe?

Understand. Again thanks for the help

Can someone explain how lightning works across #nostr apps? Say I have two nostr apps each with different lightning wallets configured.

If I post in app A and someone reads and zaps in app B which #Lightning address shows the incoming transaction? I assume the nostr protocol encode the lightning receiving address in the original post? Correct?

Bravo North Dakota. #bitcoin loves you too.

I take trains in the US and Canada whenever possible.

Replying to Avatar Scott Wolfe

El Salvador’s Strategic Bitcoin Reserve (6024.18 BTC as of today) now amounts to roughly 0.00095000 BTC per capita based on its population of .~6,300,000. They continue to grow this per capita holding every single day.

In order catch up to El Salvador's per capita BTC reserves, these countries would need to hold the following BTC in their own Strategic Bitcoin Reserves as of today (the vast majority haven’t yet started an SBR). These numbers will continue to grow every day as El Salvador's per capita BTC holdings grow.

🇮🇳 1,384,896 BTC

🇨🇳 1,346,727 BTC

🇺🇸 329,000 BTC

🇳🇬 221,045 BTC

🇧🇷 201,809 BTC

🇷🇺 137,579 BTC

🇲🇽124,865 BTC

🇯🇵 117,237 BTC

🇩🇪 80,083 BTC

🇬🇧 65,889 BTC

🇿🇦 61,179 BTC

🇫🇷 63,273 BTC

🇨🇦 37,950 BTC

🇦🇺 25,508 BTC

🇨🇭 8,498 BTC

There are only 21,000,000 BTC to be had...ever. Countries for whom the 💡 goes on and realize that BTC is gradually becoming the base layer of the future global economy will be competing not only with each other for BTC, but with the world's 8 billion individuals, as well as companies, investment funds, unions, community organizations, and a myriad of other groups around the world.

Sometimes the profound reality of "scarcity" can just smack you in the face.

It is very likely that most, or possibly all of these very large (many very wealthy) countries will never possess the per capita wealth of El Salvador measured in BTC. It boggles the mind what this will mean in the future that is taking shape right now.

Most importantly though, if YOU are reading this, it means that YOU have the possibility of holding your own BTC and doing so while the vast majority of national and sub-national governments, companies, and other groups are still asleep or have not learned enough about Bitcoin (BTC) to take it as seriously as they should (and will, eventually).

The most beautiful thing about Bitcoin, I believe, is that almost everyone on the planet has the ability to hold it and use BTC. That includes youth in the most remote parts of the world, for example; individuals who are excluded from the wealth of the current world in so many ways.

It is absolutely remarkable that as governments, companies, and other groups slowly begin to tune into the transformational value of Bitcoin, individuals have already been at this for 16 years.

More than 55% of the total available supply of BTC right now -- roughly 19,800,000 BTC out of the 21M that will ever be available -- are held by individuals. This is power to the people in action. Let's keep it that way!

Stack sats, stay humble. ✊🧡

The USA hold way more per capital than that.

Replying to Avatar andre

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Can you grab some water for me? These pretzels are making me thirsty.