Understanding how credit cycles work can save you a lot of heartache and help you predict the future. The chaos in markets the past few months was predictable. And so is what happens next ๐Ÿ‘‡ - @StackHodler #BitcoinTwitter image
Printing money is like peeing your pants to keep warm. - @npub18csu...jpjh #BitcoinTwitter image
โ”โ”“ โ”ƒโ”ƒโ•ฑโ•ฒ in this โ”ƒโ•ฑโ•ฑโ•ฒโ•ฒ house โ•ฑโ•ฑโ•ญโ•ฎโ•ฒโ•ฒ we โ–”โ–โ”—โ”›โ–•โ–”are โ•ฑโ–”โ–”โ–”โ–”โ–”โ–”โ–”โ–”โ–”โ–”โ•ฒ #Bitcoin-only โ•ฑโ•ฑโ”โ”ณโ”“โ•ญโ•ฎโ”โ”ณโ”“ โ•ฒโ•ฒ โ–”โ–โ”—โ”ปโ”›โ”ƒโ”ƒโ”—โ”ปโ”›โ–•โ–” - @npub1tftc...xar5 #BitcoinTwitter image
Bitcoinโ€™s indifference and objectiveness is its main innovation and is the whole point. It does not take sides. Bitcoin โ€œactsโ€ towards us the same way nature acts towards us. The same way gold acts towards us. Neither violent nor non-violent. They donโ€™t care. - @npub1qp30...yn58 #BitcoinTwitter image
Stop writing letters and calling politicians. Start plugging in ASICs. - @Marty Bent #BitcoinTwitter image
Oct 31, 1517: Martin Luther nails 95 theses to a church door in Germany, sparking the Protestant Reformation Oct 31, 2008: Satoshi Nakamoto posts the Bitcoin white paper to the Cryptography Mailing List, sparking the separation of money and state Hadnโ€™t realized that before ๐Ÿคฏ - @gladstein #BitcoinTwitter image
Quantitative Easing (QE) is a fancy name for counterfeiting. #Bitcoin fixes this. - @npub13jgu...z3mc #BitcoinTwitter image
Bitcoin is a marathon, not a sprint. Don't get caught up with the short-term ups and downs of the price. Focus on the underlying technology, start with how to use a node with your own keys. - @npub1hxwm...40pf #BitcoinTwitter image
Inflation | Purchasing power halfโ€™s 2 % 35 years (The goal) 4 % 17 years 7 % 10 years (Officially we here) 10 % 7 years 14 % 5 years 17 % 4 years 20 % 3.5 years (The reality) Inflation is great. Wuhoo - @Carl B Menger #BitcoinTwitter image
Proof-of-work hashing and the difficulty adjustment, Nakamoto Consensus, do not "verify transactions". Transactions are verified by #Bitcoin node software (a) for acceptance of the transaction into that node's mempool and (b) for acceptance of a proposed block of transactions. - @npub1hxwm...40pf #BitcoinTwitter image