"All your fiat is going to zero." - Adam Back ⚡️
6/27/2023, 22 engagements
"All your fiat is going to zero." - Adam Back ⚡️
6/27/2023, 22 engagements
Totally makes sense now.
Your money steals from you because of the weather!
6/24/2023, 1 engagement
🚀 #Bitcoin is currently trading at: 💰 $30,471.61 (-0.19% in the last 1h)
Currently, there is a significant surge in demand for #Bitcoin in Russia as the Wagner coup commences, resulting in a remarkable 75% increase in its price.
I lost $100s to make $1000s
Then I lost $1000s to make $100k
Then I lost multiple $100ks to make my first $1 million
Now I’m losing millions, hopefully I reach a billion or $100M lol
But moral, losing is part of the game and don’t be afraid of losses. Learn from them.
6/24/2023, 3 engagements
It's 2023 and most still don't get that Satoshi's genius had very little to do with the blockchain and everything to do with combining Proof of Work & The Difficulty Adjustment.
6/18/2023, 3 engagements
DeFi started on Bitcoin.
Ethereum and Solana popularized it.
Now time for all of that activity to come back to the OG chain.
The one that is most decentralized, trustless, and secure.
Bullish on Bitcoin 🚀
Fiat money has many levels of indirection to hide the reality of theft. These are often so convoluted that the victims often have little understanding of who's doing the stealing.
All rent-seeking runs on theft, whether the rent-seekers recognize it or not.
5/5/2023, 1 engagement
The best time to start a necessary journey was when you first heard about it. The next best time is now.
Don't let your pride, envy, or sloth get in the way.
The Bitcoin halving is priced in for the 1% of the world population that understands it.
The other 99% aren’t paying attention.
#Bitcoin uses proof-of-work to allow a digital instrument to exist, forever.
Lightning is a payment standard that enables it to travel at the speed of light.
With #Bitcoin as the monetary network, the financial system will be cheaper, faster, more innovative, and more inclusive.
JUST IN: 🇧🇷 $33 billion digital bank Revolut now offers #Bitcoin to millions of people in Brazil 🙌
Advertisers used to target young people because they bought things.
But after 50 years of fiat, they target old people because they need government subsidies.
That's why cable news makes money despite low viewership. The demographics are exactly who you target in a gerontocracy
If you're going to make money trading altcoins, at least have the dignity to not brag about it.
"Mass adoption" is the wrong goal and a high-time preference fiat mindset. You're not going to get people to suddenly understand sound money. We should focus on the remnant and let reality do the arguing for us.
The end of all scammers is greater and greater levels of delusion and unreality. In a fiat world, this ends up being nearly everybody as we saw the last 3 years.
Bitcoins are motorcycles, Nostr/Bitcoin use cases, submarine swap markets, a lot of macro analysis and more!
Money that's free to create is only valuable with trust.
Fiat money isn't valuable because it requires trusting Central Banks.
#Bitcoin is valuable because it doesn't require trusting anyone.
Creating money can't be free.
Even Satoshi had to purchase #Bitcoin with energy 🙂
I just published Strike Commerce Update
I’ve always believed in building in the open and in collaboration with the #bitcoin community.
Transparency about progress, where we do well, and where I can do better.
I appreciate this community, always ✊❤️
https://jimmymow.medium.com/strike-commerce-update-1554f37f9b4b?source=social.tw
How much should #Bitcoin be worth?
Well, how much should a fixed supply asset with an incorruptible monetary policy for the world be worth?
Less than Facebook? 🤣
#Bitcoin was specifically created for this.
Now we get to witness it in practice for the first time.
🚀
"BlackRock expects the Fed will stop its rate-hiking cycle without getting inflation to its 2% target."
"Americans will have to live with high prices for years to come"
"We think the 'politics of inflation' narrative is on the cusp of changing."
🎯
Keep an ear out for any narrative change from the Fed and/or the media around their 2% inflation target.
They'll try to normalize this new era of persistent inflation and ease the market into it.
The recent Gold & #Bitcoin moves are no accident...
#Bitcoin without users is worthless technology
It's the network of humans running the software and protecting its ideals that gives #Bitcoin value
Satoshi's financial innovation enabled humanity to coordinate and express its long-lasting desire to be connected and free
"BlackRock expects the Fed will stop its rate-hiking cycle without getting inflation to its 2% target."
"Americans will have to live with high prices for years to come"
"We think the 'politics of inflation' narrative is on the cusp of changing."
🎯
I'm headed to D.C. to discuss why the Lightning Network is the open, inclusive, equitable payment innovation the world needs
A public good that enables open, fair, innovative payments is as American as it gets
It's time for the U.S. to embrace #Bitcoin & Lightning
Let's go ⚡️
https://twitter.com/btcpolicyorg/status/1641121675444994057?s=20