All your models are broken
2009: ⚪️
2010: ⚪️
2011: 🟢
2012: 🟢
2013: 🟢
2014: 🔴
2015: 🟢
2016: 🟢
2017: 🟢
2018: 🔴
2019: 🟢
2020: 🟢
2021: 🟢
2022: 🔴
2023: 🟢
2024: 🟢
2025: 🔴
BTCforPlebs
BTCforPlebs
npub1w4rz...382j
A place for ordinary people to learn about Bitcoin 🧡
It’s a beautiful day ☀️
Stoked to be a contributor now! So thankful for everyone who works on this project 👊
View quoted note →
The VPS is just someone else's computer. And you don’t own that ssh key.
View quoted note →
Now running gittr 🫡
Gittr.btcforplebs.com
This is a LOT of fun! I just got this running today and moved over BTCforPlebs.com to be hosted there
View quoted note →

gittr
BTCforPlebs/btcforplebscom
BTCforPlebs.com
Woke up this morning to a really cool notification!
My Apple-touch-icon PR got merged with @LNbits and is slated to be included in a massive v1.4 release cut later today.
Even thought it’s just 19 lines of code, the thought that thousands of people will use code I contributed is so inspiring!
View quoted note →
Switching from IBIT to FBTC is like two kids endlessly trading the exact same Bitcoin IOU back and forth, but the actual Bitcoin never leaves Coinbase Custody’s vault.
- Kid A sells his “BlackRock Bitcoin IOU” and uses the dollars to buy Kid B’s “Fidelity Bitcoin IOU.”
- Both IOUs are backed 1-to-1 by the very same stack of Bitcoin sitting untouched in a Coinbase cold wallet.
- No Bitcoin is ever handed from BlackRock to Fidelity.
- No Bitcoin is handed from Fidelity to BlackRock.
- Coinbase Custody doesn’t move a single satoshi between segregated client wallets — why would they? Net exposure for the entire system hasn’t changed by one atom.
- The Bitcoin ledger (the real blockchain) never nothing, zero transactions, zero fees, zero anything. Dead silence. 🔕
Yet the price on every exchange, every Bloomberg terminal, every ETF ticker jumps around like crazy because millions of kids (institutions, retail, algos) are frantically swapping these IOUs on a regulated playground called the stock market.
The actual Bitcoin never moved as much as a brick in a bank vault moves when you swap a BlackRock vault receipt for a Fidelity vault receipt.
There was no tree in the woods that fell, so of course it didn’t make noise.
The only thing that made noise was a bunch of tourists trading colored paper claims while the real Bitcoin sat there, perfectly silent.