What do you think?
Will the next #bitcoin halving event (2028) be as significant as new year?
Think of “Bitcoin halving” as “Time halving.”
You can’t price in that!
This should be a simplified explanation of what is happening with transactions fee right now:
The Bitcoin halving, which occurs approximately every 4 years, took place at block 840,000. The block subsidy decreased from 6.25 BTC to 3.125 BTC as expected. However, an unusually high amount of transaction fees accompanied this halving due to the launch of a new protocol called Runes.
Runes is a colored coins protocol that allows asset issuance on the Bitcoin blockchain. The protocol's design incentivizes users to pay high fees to secure unique asset names and avoid sniping attempts by others. This has led to a situation where users continually increase fees to outbid each other, resulting in unprecedented fee levels in the blocks following the halving.
The high fees have congested the Bitcoin network, making it difficult for other transactions to be included in blocks. While the current rate of Runes issuance is unsustainable in the long term, it has temporarily boosted miner revenue significantly.
5th Epoch!
Pura vida #nostr
Bitcoin your energy.
Nostr your voice.
Today I had a 2-hour discussion with a friend about #Bitcoin. He was saying the problem #Bitcoin has is that its price will increase forever.
He was saying it’s a problem 🤦♂️
💯
nostr:note1j2gn3mvyfjrq548zrnft0z8qwgm4fm4sa58yur6ppfgmq2wmtkuqlh7dvq
#Bitcoin is the most important thing happening in the world right now.
Someone asked me what my portfolio looks like. I said, I put my:
— Expenses in Zambian currency
— Emergency fund in dollar account
— My savings in bitcoin
I don't invest, speculate, or trade.
I focus the rest of my energy on my vocation.
Since 1971, about 30 fiat currencies have failed. World has 160 currencies. The dollar has loss about 96% of its purchasing power.
This fiat experiment has failed.
We need to:
- Make war unprofitable
- End inflation completely
- Make money borderless
- Give families hope again
- End the debt based system
- Make the future bright again
- End the fiat Ponzi Scheme
- Reduce the power of the government
- Make presidents servants again
- Shut down central banking
- Eliminate rent seekers (middlemen)
- Give the world one fair global money
- Give property rights to 8 billion people
Honestly this is what #Bitcoin is trying to do nothing else, and that’s why bitcoiners are so vocal about it.
It’s the most important revolution happening in the world right now, and the shallow minded think it’s only about making money.
How are they going to fight something that has the youngest and smartest people in the world?
#Bitcoin #Nostr
Nostr has already won.
Because it can’t be killed.
Someone asked me what I think about the future #Bitcoin price. I told him, "I don't know. All I know is that we are not selling, and there are only 21 million #bitcoin."
… truly our fellowship is with the Father, and with his Son Jesus Christ
1 John 1:3
#Bitcoin has been in a bull run since 2009.
Humble opinion.
Try to ignore the cycle theories and model predictions.