image Discover Episode 115 - Discovering #Bitcoin with @btcschellingpt πŸ”ΆπŸ‘€ πŸŽ™Not a Southern Socialist, Bitcoin Bush Bash Co-Founder; Bitcoin Brisbane Rational Optimist, Open Sats Contributor, Smiler 🎧 - - - WE discuss: β€’ Wiz's Bitcoin origin story β€’ Birth of the Bush Bash β€’ The Most Important Thing to Work On β€’ Idle Time β€’ Heaps More YUGE thanks to Wiz for sharing some scarce⏳and finiteβš‘οΈπŸ™ - - - SHOW YOUR SUPPORT: Zap Sats! ⚑️ via #value4value: discoveringbtc@fountain.fm via @geyserfund: via P2P: djdbtc@zeuspay.com If you dig the show, please zap sats in support! 🫑 Look out for Episode 116, soon! πŸ”ΆπŸ‘€
Discover Episode 115, soon... πŸ”ΆπŸ‘€ image
Indeed there is no one to act as a central bank or federal reserve to adjust the money supply as the population of users grow. That would have required a trusted party to determine the value, because I don't know a way for software to know the real world value of things... In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase the value goes up, which could attract more users to take advantage of the increasing value. - Satoshi Nakamoto (Feb 18, 2009). πŸ”Ά πŸ‘€
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Who wants to tell the tale of how they discovered Bitcoin? πŸ”ΆπŸ‘€ Booking May/June, now. Send a DM. πŸŒ€ image
The trend of man's evolutionary growth is ever toward his own essential selfhood. πŸ”ΆπŸŒ€πŸ‘€ LFG 🫑 @David @Zaza