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Linda Mehrens
e18a20bbe16a6c454ba003a5467ada2172267b9c7be54c5a4f116c19add264c5
I am interested in music— especially live music in Austin TX, Bitcoin, travel and anything that makes me laugh.

Yes because I live here. Check out Taj Farrant, an Australian guitarist, who is a 15 year old prodigy, is playing at Bucks Backyard in Buda on New Years Eve. ( next town south of Austin). He plays like he is a reincarnation of Stevie Ray Vaughan. And he and his family are sweet as pie. 🥰

Good morning Napo!

Replying to Avatar walker

BIP-6969: Rename Bitcoin to "Titcoin" and sats to "tits."

GitHub repository: https://github.com/WalkerAmerica/titcoin

Cc nostr:npub1j8y6tcdfw3q3f3h794s6un0gyc5742s0k5h5s2yqj0r70cpklqeqjavrvg nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8

#titcoin nostr:note1mpa0fe7ze92s7yls0ydcuzxdulm7xe3uz7pvwf5aqm5pqqrxa8nque8ram

Could a boost or a zap be a nip?

What determines the price of 1 Bitcoin?

It is the value of the energy used to mine it.

The network itself is paying humanity for the energy needed to be both functional and secure. This value continues to grow in real terms while it drops in relative/nominal terms.

Bitcoin is paying humanity with units of itself, both declaring the value of the network overall and the value of the units within it, in exchange for the value of the energy and time fed into it for functionality and security.

It then revalues itself every 4 years against that energy when it reduces the subsidy by half. The mining network hashrate does not reduce by half to maintain the previous valuation per coin, instead it has doubled against the time and energy input by the mining network every 10 minutes.

Every time the halving occurs, the value of all Bitcoin's is declared worth twice as much time and energy as before. When the hashrate continues to climb after this declaration then we know it is accepted by the market.

This market acceptance has occurred every time and will likely continue to occur due to the fact that nothing else exists that offers direct value in exchange for energy without a middle man creating something to sell first.

Bitcoin turns all sources of electricity into sources of money. The cheaper the electricity is to create, the more money there is to be made. This changes humanities relationship with energy generation, and gives us a way to create abundant energy the likes of which the world has never seen.

Thank you for posting this. It is one of the best explanations of BTC I have ever read.

My name is Matt and I represent BLOCKS (Bitcoin Learning Outreach Creating Knowledgeable Students).

About me. - I teach Business Computer Information Systems, Accounting, Management, and Logistics, full time at a local community college here in San Antonio. I became interested in Bitcoin relatively recently (late 2022). After almost two years of increasingly intense study and interest I began a “Bitcoin Club” at my school last August using the same name as here (BLOCKS). As the advisor of a new, emerging, student club, I was puzzling over and struggling with putting together as many activities and instructional materials I could find when I came across “Mi Primer Bitcoin” (English version) and was amazed at the quality of available educational resources and network of like-minded groups and individuals Mi Primer Bitcoin offers. I reached out, applied, and was accepted very recently as a “light node” for the organization. One of the resources/communication channels recommended by the group is NOSTR so here I begin. My hope is that, in large part because of numerous personal and professional contacts related to my job, I can help my students, my school, the Alamo community, (and eventually beyond) learn about and appreciate the amazing gift Satoshi Nakamoto gave to the world not so many years ago. I look forward to expanding knowledge, establishing contacts, and collaborating with others here on this platform (I am brand new to NOSTR and all things related to the protocol but will try to get up to speed quickly).

#introduction

Hi Matt. I’m also a fellow Texan. I would love to hear more about your work in San Antonio. I am in Austin.

Brownstone Institute founder I think.