Avatar
A Bitcoin Guy
f9bc87972f21b3be38b8e1795e2acc246a90ca8b7c1c25d8c372b4101e3a4a57
“Do unto others and be done unto by them only by mutual agreement, keeping in mind how it will affect others” - The Bitcoin Rule.

I’ve always seen myself as a broken person and that’s why I gravitate to books about psychology, self development and content that expands the mind. Despite endless consuming of the books, I still feel broken but will not give up attempting to fix my mind.

You probably think I’m dumb & slow.

But I take note and I’m extremely humble.

I keep score and have a long time preference .

Attributes not appreciated by the masses.

I strike when least expected.

Can each person on the planet own a UTXO realistically considering how #bitcoin is currently distributed? There are 21 000 000 000 000 000 SATS with the bulk already distributed to less than 1% of the globe.

Anon, question…

Realistically with population growing from 8 billion people, not everyone will own a UTXO. So despite #Bitcoin being for everyone, everywhere at anytime…could its scarcity cause it to become a ‘gated community’ without borders?

Anticipating plebs from different professional backgrounds joining the ecosystem giving different insights into #Bitcoin development & adoption. Conferences wont be for the sake of jerking off on our monotonous bias views but rather stimulate healthy entertaining debates.

Quote by Oscar.Niemeyer

#Bitcoin (analogised by many as a city in cyberspace) has a social layer that provides the buzz, soul, spirit and indefinable characteristics that one feels when being part of the ecosystem

🧡⚡️

Excerpt taken from ‘Scale’ by G.West

I go to this gym that’s within a golf estate & go through a security boom gate to access the premise by having the guard scan my particulars. The alternative is to get a golf membership and scan myself in. Today the security guard tells me to get a golf membership..

Because I’ve been coming here for the last 2 years and everytime they must scan me in.

I’m like shut the f**k up, do your job and do you want to be a security guard your whole life, it’s been 2 years and you’re still here. AI is going to replace you.

You don’t have to HODL #bitcoin to benefit from #Bitcoin. Just being part of it’s pro-human ecosystem has benefits. 🫶

Study #Bitcoin

BNY Mellon bank can custody my hardware wallet without the passphrase…I will custody my keys. Ain’t no way in hell, I’m trusting a bank with my UTXO.

#Bitcoin is a digital bearer asset.

I like to think the orange in #Bitcoin represents The Sun 🌞

The Sun has been the most constant variable in the evolution of the human species & all life on earth.When things are constant, Life that naturally wants to grow & be abundant can plan fruitfully for the long term.

Bitcoin will always be 21 million. It is a constant for life to form a framework around to adapt, grow & thrive.

Like The Sun 🌞, it will be a constant form of energy .

Possibilities do not add up, they multiply.

#Bitcoin powers possibility exponentially by enabling the ultimate resource of human innovation, inventiveness & ingenuity to flourish and prosper in the global free market economy .

2 prominent laser eyed #Bitcoin maximalists with conflicting economic views having a gentlemanly verbal fist fight over the future of Bitcoin adoption.

Entertaining and informative.

Great episode from these 2 great thinkers.

Catch the debate on the recent #Bitcoin Standard Podcast episode 239 with host Dr Saifedean.Ammous  and guest nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m

Anon, I don’t know if it’s because isolation and a deep hatred for myself causes me to imagine people saying negative things about me while in company in a backhanded manner…either way, it doesn’t matter…I deserve it all.

Art titled ‘Inferno’ by Pho

Every day is a reminder that meatspace rejects your being of existence.This space does not ❤️ you Anon. Unfortunately at this stage of your spiritual journey,you need meatspace to access mind & cyberspace. If there was another way,you would have exit meatspace. Endure Anon🫶

Art by Chema.Mendez

‘We need to rethink things, young people in particular need to go into the ‘darkness’ & think about things that people don’t explain. Develop different ways of looking at the world, don’t assume whatever we’ve learned is the correct way. Go out there & write a new story!

Try to understand history so you can develop models that help you understand the present.

You can learn a lot from historical leaders that had a vision, good or bad’

Thoughts inspired by author of

‘Genghis Khan and the Making of the Modern World’ by Jack Weatherford on The ‘What is Money Show’ with host nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um

“As Trees grow more, more of their physical structure becomes deadwood which does not participate in their metabolic energy budget but plays an important role in their mechanical stability” - G.West

What will become The ‘deadwood’ of #Bitcoin as it grows?

Anon, Satoshi.Nakamoto understood biology. An animal’s growth with regard to size and metabolic rate is not a linear relationship. When an animal grows in size, the number of cells increase but the metabolic rate (the supply of energy to those cells) is not directly proportional.

It’s intuitive & linear thinking to assume the more cells, the more energy needed thus the higher the metabolic rate but this is not true.

The metabolic rate is sub-linear and behaves like a power law, only increasing with 3/4 power exponent in relation to the number of cells.

As a result growth is capped at a certain size due to the relationship between number of cells, energy required and the metabolic rate that provides energy to those cells.

The difficulty adjustment can be analogized as the metabolic rate of The #Bitcoin network

There is no limit to the size of the #Bitcoin network but as the network grows & the number of miners increase does not mean you will mine more bitcoin or be able to mine #bitcoin more easily.

“The long term average of #Bitcoin transaction fees on-chain when denominated in SATS have been fairly stable despite occasional fee spikes.”

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev on Bitcoin Audible

SATS are increasing in purchasing power & strengthening against fiat. Thus it can appear #Bitcoin transaction fees onchain are increasing when you’re denominating the network fees in fiat which is not intuitive if you’re not living on a #Bitcoin standard.

“Zoom out, think long term & play the game of money.

When people ask me at what price will I sell my #Bitcoin,I reply with ‘You have no idea what game we’re playing!’.The goal in the game of building wealth is to earn fiat currency, buy assets and hold onto those assets forever.

Never sell your assets for fiat. I don’t care what the price is in a week, a month or whatever because I’m holding #Bitcoin forever.”

Thoughts from ex-shitcoiner turned true #Bitcoin believer Mark.Moss on CoinStories with host nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech