A man spent years teaching people about Bitcoin, but when he admitted he wasn't rich from it, one of Bitcoin's biggest figures mocked him. What happened next made him a millionaire.
> Andreas Antonopoulos had been educating people about Bitcoin since 2012.
> He wrote books, gave hundreds of talks and helped thousands of people understand Bitcoin.
> But there was one thing he didn't have, a massive Bitcoin fortune.
> In December 2017, Roger Ver, popularly known as Bitcoin Jesus, questioned why Andreas hadn't become rich from Bitcoin despite being an early advocate.
> Andreas replied that he had actually bought Bitcoin early.
> But in 2013, he sold his holdings to pay rent and support his family.
> He had spent years working on Bitcoin without a steady income and couldn't afford to keep holding.
> That response changed everything.
> Bitcoin supporters began sharing his donation address, encouraging people who had benefited from his work to give something back.
> Within three days, hundreds of donations had poured in.
> One person sent 79 bitcoin:native, while another donation was worth $1.2 MILLION at the time.
> By December 8, Andreas had received approximately 102 bitcoin:native worth $1.6 MILLION at the time.
> At today's Bitcoin price, those 102 bitcoin:native would be worth approximately $7.5 MILLION.
> Andreas was so overwhelmed that he described reading the messages with tears in his eyes.
> He had spent years helping people discover Bitcoin and when the community found out he wasn't wealthy, they sent him a fortune.
Has the US debt ever decreased? If so, when and why? Or, has it always increased?
Only 2 factors have ever decreased the US debt.
1) Major wars
2) REDUCED government spending
BTC solves both of these!
https://t.co/4VyeHzwGiM
@Ripple_Mino When XRP fans TRULY learn & USE other DAs w/ far larger mor capable DA ecosystems, it bcums VERY clear y XRP has bin stuk 4 yrs & wil remain stuk. Until then, the answers u seek wil never b discovered.
I'm genuinely confused and seeking some clarification.
So I'm a bit confused about XRP. If XRP has been chosen as a bridge connecting other financial currencies, and countries like Dubai and Japan have already started using this technology, why hasn't its price skyrocketed?
What prevented XRP from reaching $1,000? Or more realistically, $10? It clearly has huge potential, especially since Trump took office, but I can't understand why the price is still so low. Is it because 80% of the supply is controlled by XRP's creators?
Can someone objectively explain this with numbers and factual data?
Thanks๐๐๐
When Satoshi published the white paper:
World money supply - $40 trillion.
World debt - $170 trillion.
Bitcoin's supply - 21 million.
18 years later TODAY:
World money supply -$127 trillion.
World debt - $365 trillion.
Bitcoin's supply - 21 million.
They tripled the money.
They doubled the debt.
Satoshi didn't change a thing
because Bitcoin is MONEY.
My good friend Monte Carlo and I ran Bitcoin out to 2034. 5,000 times ๐ฒ
Not one run ended below today's $80K.
The median finish: $1.48M ๐
- - -
Each line on the chart is one run, and the pink curve on the right shows the final distribution in 2034. Even the bottom 5% finish around $464K, almost 6x from here.
He's very optimistic, and honestly so am I ๐
Buy Bitcoin and people ask what happens if it crashes.
Keep your money in cash for 30 years and nobody asks what inflation will do to it.
Society taught people to fear volatility more than guaranteed erosion.
A new source of BTC demand is emerging.
BTC-focused perpetual preferred stocks have accumulated more than 135,000 BTC in just over a year, despite representing only a fraction of the global fixed income market.
What could happen if adoption expands?
๐ Read our latest research: https://t.co/AkMvHQD9Ma
๐ฅ NEW: Bitcoin sent over radio waves, no internet needed
> A handheld LoRa radio signed and sent 400,000 sats with no internet and no phone signal
> The LILYGO T-Deck Pro running Meshtastic holds its own wallet, and the private key never leaves the device
> The transaction travelled in three pieces over LoRa to a home relay, which passed it on to the network
> The funds landed in a phone wallet about 10 seconds later
> The relay acts as a postbox only: it cannot change or spend anything
How da FUQ JPM project US cash have 3.2% return wen USG MuFuqas print ๐ต EVERY MONTH debasin & delutin dat ๐ฉ2 ZERO purchasing power? More accurate ๐ตprojection is -7 to -10%/yr for next decade.
J.P. Morgan Asset Managementโs base case projects Bitcoin to outperform U.S. stocks, bonds and gold over the next decade. Wall Street is doing the math.
First they ignore you, then they laugh at you, then they fight at you, then they add you to their Long-Term Capital Markets Assumptions paper and predict you'll be the best-performing asset of the next decade.
Two contracts on @XPRNetwork were exploited on Saturday, ten hours apart. By Sunday morning the 1,143,288 USDC from the first one was back in @LOAN_Protocol, the attacker's remaining 7.21M ethereum:0xd7efb00d12c2c13131fd319336fdf952525da2af were locked, and the hole was patched. On most chains an exploit like this ends with the money bridged out and gone ๐
The attacker was software. The webauthn exploit made 67 accounts borrow on LOAN in a single transaction at 02:35:36 UTC and sent the USDC to the bridge 64 seconds later. Paul - protonnz said it plainly: the network is up against people with the most advanced AI there is. That is the threat model for every chain from now on, and code nobody has read in years is the cheapest thing to hit.
Every layer did its part. The bridge never paid the USDC out, and at 05:08 it went back into LOAN. LOAN was paused at 03:12, 37 minutes after the first borrow, so nobody else could be dragged in. webauthn was patched at 03:46. When escrowhold, a third-party escrow, was drained at 12:24, its owner removed the contract's own permission at 13:45 so nothing else could leave. At 16:39, 19 block producers, madblocks among them, executed a multisig that replaced the attacker's keys and locked the 7.21M ethereum:0xd7efb00d12c2c13131fd319336fdf952525da2af still on his account. The only part that reached an exchange is the 85,887,410 ethereum:0xd7efb00d12c2c13131fd319336fdf952525da2af he sent to @kucoincom, and KuCoin has the memo.
None of this needed a fork or a rollback. It works because accounts on XPR have names and permissions the chain understands, multisig is native, and the producers can act together within hours when something is plain theft. On most chains nobody can do that, and the money is gone before anyone wakes up.
This morning the team went further. protonnz says the changes are in and the blue team is in control, and calls XPR the first chain with anti-hacker measures like these. The defense is being automated too: agents that test every contract the way an attacker would, around the clock. On XPR that costs no gas, so it can run on everything, third-party contracts included.
That is what makes XPR and @MetalBlockchain stronger for what they are built for. A credit union on a Metal subnet needs a chain whose own governance can stop theft within hours decreasing to minutes, and that gets harder to attack every month. The first part already worked this weekend.
If you build on XPR, when was your contract last tested?
Imagine freaking out in a few years because Bitcoin "crashed" to $197K.
It's the reality we're likely heading towards.
Each cycle's bear market bottom, plotted, fitted and projected ๐
@LawrenceLepard@adamtaggart EZ, they been printing since 1971 and can NEVER stop, or it breaks. The only way NOT to print is if the US Government magically becomes fiscally austere, STOP spending & start cutting. We all know that will NEVER happen. #TheBigPrint