Bitcoin is the 2.1 quadrillion sat answer to the 1 quadrillion dollar problem. I couldn't think of a more ambitious, more important, more fulfilling goal than to help make a world that runs on Bitcoin a reality.
Weak money 🔜 Sound money
Perverse incentives 🔜 Virtuous incentives
Seed oils 🔜 Fruit oils
Gratitude > complaining
Action > overthinking
Responsibility > blame
#Bitcoin 
> all things investment
When BTC hits $100k, there will be open Lightning channels worth a million dollars.
RT @Relai_ch
What do you call a bubble that never pops?
Answer: a new monetary system
Bitcoin is the 2.1 quadrillion sat answer to the 1 quadrillion dollar problem. I couldn't think of a more ambitious, more important, more fulfilling goal than to help make a world that runs on Bitcoin a reality.
Satoshi Nakamoto mined a million Bitcoin and then left the fucking planet.
Vitalik Buterin mined 72 mllion ETH and sold them for personal gain.
Greetings, fellow Bitcoin Hackers. I just published a new article! This one I'm quite proud of; if you want to know why, go ahead and read it, and let me know what you think!
https://cryptoquick.substack.com/p/how-taproot-supercharges-lightning
Some commodities can be money, but most aren't. Similarly, some cryptocurrencies can be money, but most aren't.
An essay I wrote for my company on Filecoin just got published!!
https://centralizationstrikesagain.substack.com/p/centralization-strikes-again-may
btcmerchant will be able to use your bitcoin core node directly (picture of me working on this here). it has descriptor wallet support, so you can accept payments directly into your hardware wallet. it already is integrated with clightning as well, lnd soon.
@lain Last time I tried to sync Ethereum mainnet on a decent desktop computer, it wasn't possible anymore for me. That was 2 or 3 years ago.
What’s the hotel to stay at in south beach for @TheBitcoinConf?
It is proven! I am cryptoquick on Keybase: https://keybase.io/cryptoquick/sigchain#3c236fe1cea02116f85e9806e4fedd4289d2941eb350e71fa1e7d48541e1aeb60f
The million dollar DCA play.
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RT @michael_saylor
MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTR
https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-10m-in-bitcoin-at-average-p…
https://twitter.com/michael_saylor/status/1394625128257007618
Patience is a virtue,
Virtue is a grace.
Hodling all your #bitcoin,
Is how you win the race.
During times like these, ETH's utility as money is compromised, and ETH's utility for L1 smart contracts such as defi and tokens are even more so.
Should EIP 1559 be implemented pre-merge, what would happen if $2.5M in ETH were to be permanently removed from the money supply in only ten minutes? And post-merge, how could such a liquidity problem be solved if those who secure the network have no real incentive to sell their earnings? (since at least physical miners have physical costs to mining)
I heard ETH gas fees were high today, so I went back and added up the mining rewards between the following blocks:
https://etherscan.io/block/12465153
and
https://etherscan.io/block/12465200
It totalled up to be over 1039 ETH, spread out over 47 blocks
Minus the 2 ETH block reward, that's nearly a thousand ETH in gas fees, within only ten minutes
That's $2,525,650.27 USD
Meanwhile, Bitcoin mined only one block around that period:
https://mempool.space/block/00000000000000000006574ebf4de75e8e2b208c06530ecf2d86914ea7982774
It had 1.36 BTC of fees, about $50,630 at present prices.
thanks for the warm welcome yesterday, everyone! it's much appreciated. I'm somewhat new to bitcoin, but not to blockchain. I've come to really appreciate the elegance in its simplicity, and I appreciate being around others who think the same.
google is a declining company that hasn't found another way to make money other than spying on their own users and selling that data over and over to corporations that want to manipulate them
just setting up my mstdn
Developer, Rust, Bitcoin, Lightning, RGB
