Nino Guarisco @[email protected]

You don't have to go newcoiner zero to full bitcoiner hero all in one go.

You're allowed to take small baby steps and learn along the way.

e.g. if your coins are on exchange and you're scared about self custody, try a small amount on a phone wallet to get comfortable.

There comes a time in every man's life where he finds himself wantig to manage his own keys and run his own #Bitcoin node.

The 🚂 keeps on rolling!

The city of Miami (FL) is enabling #Bitcoin based
- salaries for their employees,
- fee & tax payments for their residents,
- and inclusion in the city treasury

Great job, @FrancisSuarez! 👏

There are way more Karens in the political class than courageous defenders of liberty.

#Bitcoin will win because it can't be stopped by Karens.

Robinhood is a free/no-commission brokerage.

If it's free you're the product. And guess who you're being sold to? Hedge funds.

Reminder: if you don't or can't hold the private keys, that's an account. Not a wallet.

The GME and Robinhood saga is a great reminder to always remember who is the product and who is the customer.

Customer: Citadel
Product: Retail investors

Nation-states can't ban #Bitcoin, they can only ban themselves from the global economy.

Very few people are willing to put in the work to try and understand Bitcoin.

So many people are just pinging off each other as though truth was a social thing. They repeat boring bitcoin denier drivel instead of reading some Menger or Mises. They'll HFSP.

Another true American joins the force fighting for foundational American principles in its political sphere.

@SenLummis @PatrickMcHenry

🇺🇸
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RT @PatrickMcHenry
✅ https://mchenry.house.gov/bitcoin.pdf

Policymakers should be on the side of innovation and ingenuity, which are vital to American competitiveness. I hope others in US govt join me. #Bitcoin
https://twitter.com/PatrickMcHenry/status/1354195437520084992

Value is what people want. People always want money. What people demand from money are monetary properties. Bitcoin miners convert energy directly into perfected monetary properties.

So, the labor theory of value holds for Bitcoin?

#Bitcoin breaks all our models.
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RT @PrestonPysh
I hear a lot of people say that S2F is an invalid model because it doesn’t account for demand. Here’s what I’m thinking.

As long as hashing keeps go…
https://twitter.com/PrestonPysh/status/1332822863749976065

@stephanlivera Yeah, but I don't think we're there yet. Most ppl should be DCA->cold storage.

The problem with lightning and DCA is channel sizes. Does exchange create a channel 10x the DCA amount? That's a lot of hot wallet. And if the user pushes to cold storage every 10, that's another on-chain tx, giving a reasonable but not amazing 5x fee advantage.

In summary, Lightning makes sense as a payment network, and is best when people are using their Bitcoin for that.

As this Bitcoin cycle gets more crazy towards mid and end of this year, having Lightning already integrated on your exchange will be a great competitive advantage.

If you're only using on-chain for withdrawals, you'll get a lot of customers complaining about high fees.

“#Bitcoin hash rate growth for the next year is likely to be constrained by ASIC production,” @excellion said. “This could lead to some very interesting new financial products related to mining." 🪨⛏️ https://bitcoinmagazine.com/articles/a-hitchhikers-guide-to-bitcoin-mining-in-north-america