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 ๐
- @StackHodler
#BitcoinTwitter
โโ
โโโฑโฒ in this
โโฑโฑโฒโฒ house
โฑโฑโญโฎโฒโฒ we
โโโโโโare
โฑโโโโโโโโโโโฒ
#Bitcoin-only
โฑโฑโโณโโญโฎโโณโ โฒโฒ
โโโโปโโโโโปโโโ
- @npub1tftc...xar5
#BitcoinTwitter
Bitcoinโs indifference and objectiveness is its main innovation and is the whole point. It does not take sides.
Bitcoin โactsโ towards us the same way nature acts towards us. The same way gold acts towards us. Neither violent nor non-violent. They donโt care.
- @npub1qp30...yn58
#BitcoinTwitter
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
Hadnโt realized that before ๐คฏ
- @gladstein
#BitcoinTwitter
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
Inflation | Purchasing power halfโs 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
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