Humanity only benefits from having one proof-of-work crypto asset, which is Bitcoin.
Anything else is wasted energy.
Normalize Ethereum hate.
Ethereum is shady, has misaligned incentives, and is full of red flags. It starts with Consensys.
Consensys is the company that controls most of the Ethereum infrastructure, like MetaMask and Infura. MetaMask is the the most popular ETH wallet which routes transactions through Consensys owned Infura, the largest Ethereum node.
🚩
Joe Lubin is a co-founder of both Ethereum and Consensys. In other words, an Ethereum insider controls the ETH wallet and node infrastructure.
🚩🚩
To top it all off, major investors in Consensys include banks JP Morgan, UBS, and HSBC.
🚩🚩🚩
Reflecting on this, I can see why Ethereum went though with the terrible decision to switch to proof-of-stake; it’s because the banks told them to.
$ -> ₿
🔁
To me you had to setup your "keys" on Bitcoin, no different on NOSTR.
Bitcoin: "Fix the Money, Fix the World."
NOSTR: "Fix the Social Media, Fix the Hate."
Go and Purple Pill the Orange Pilled. This web5 is a hell of a combination punch. I tried to explain it here. This revolution gives me so much hope. https://bitcoinapolis.blogspot.com/2023/03/bitcoin-dorseys-web5-is-here-layering.html
It’s not a very hard process to get setup on here but it takes a bit of personal responsibility and a small learning curve.
There is huge opportunity to become more streamlined there.
I have been on NOSTR for over a month but was not properly NOSTR-pilled until I figured out zaps today.
Will spend the next week or so learning all I can about how this NOSTR thing works.
I have a feeling this is going to be big.
Bitcoin is significantly the only proof of work asset; and it’s invention can’t be replicated.
It is of strategic importance that nation states adopt Bitcoin as a national reserve asset.
This is not a negotiation. They will need to embrace Bitcoin, or get dominated nations that do embrace it.
Unfortunately for them, nearly all of 19.3 million BTC are in the hands of private citizens who already recognize it’s importance.
Governments can either (1) forcibly seize BTC from private citizens, which is impossible, or (2) bid up the price of BTC until it reaches a price that we are willing to exchange our BTC for dirty fiat currency units.
I didn’t understand it until today:
Bitcoin and NOSTR go together like peas and carrots.
Yeah so maybe it’s orange pill first, NOSTR(purple?) pill second.
Maybe the best way is to orange pill first, then NOSTR pill second.
Hopefully this can’t be ruined by anyone. I really need to dig into learning how this platform works.
#Bitcoin is universally desirable, global property that is now freely traded on a global communications platform.
Twittercoin™ does not stand a chance.
Twitter will need to implement Zapps fast, or their business will continue to bleed out.
Set up my Zapps today:
1 day of posting on Damus: +77 sats
13 years posting on Twitter: 0 sats, -$8 per month
What can be done to get non Bitcoiners to join NOSTR?
92% of the Bitcoin that will ever exist are already accounted for.
Might want to get some, in case it catches on.
This has been trending down for 40 years too despite the manipulated CPI.
I wonder how far negative real yields need to go before there are no more buyers.
Treasuries are a scam.
Real Yield on 1 Year U.S. Treasuries (Yield minus CPI inflation):
Note that this is based on fake CPI data reported by the Bureau of Labor Statistics.
Treasuries are a scam.
Real Yield on 1 Year U.S. Treasuries (Yield minus CPI inflation):
Note that this is based on fake CPI data reported by the Bureau of Labor Statistics.
https://drive.google.com/file/d/1hak-np-iKkb73St4o4saHHVICgj_x7f1/view?usp=drivesd
This was a test of hosting images. Will repost.
Treasuries are a scam.
Real Yield on 1 Year U.S. Treasuries (Yield minus CPI inflation):
Note that this is based on fake CPI data reported by the Bureau of Labor Statistics.
https://drive.google.com/file/d/1hak-np-iKkb73St4o4saHHVICgj_x7f1/view?usp=drivesd
