Bitcoin Monolith

Transforming humanity. #bitcoin

[Cory Klippsten 🦢 Swan.com @CorySwan]

BITCOIN IS A PONZI SCHEME!

[Bitcoin Monolith @BitcoinMonolith]

@DividendGrowth um, what year did he say this? might need an update

[Bitcoin Monolith @BitcoinMonolith]

@Maritas_EUEnvir @grok @Megan_OM @sitsio uh, those aren’t 8’ weather balloons in the AI pic…

[Bitcoin Monolith @BitcoinMonolith]

@americanhodl8 @_DannyKnowles hodl and dca

[Bitcoin Monolith @BitcoinMonolith]

@sunny051488 that 5% front load xfer fee makes it more like a ~5% effective rate over 2 years, but still…

[Bitcoin Monolith @BitcoinMonolith]

@FormerDrJeff most Americans are either unaware or 🤷‍♂️

this is how people end up dying within a dying empire. frogs in boiling water.

[Bitcoin Monolith @BitcoinMonolith]

@scottmelker going physical

[Bitcoin Monolith @BitcoinMonolith]

@dotkrueger business opportunity for precision D20 dice

[Bitcoin Monolith @BitcoinMonolith]

@americanhodl8 shows just how difficult “don’t trust. verify” actually is in practice. as a practical matter, nearly everyone still depends on some degree of social trust, except for the truly insane.

[Bitcoin Monolith @BitcoinMonolith]

@AutismCapital unfortunately “don’t trust, verify” is quite difficult in practice

[Bitcoin Monolith @BitcoinMonolith]

@kinetic_finance @BarbellFi @grok not only that, but what will $50k annual current expenses grow to over 30 years?

[Bitcoin Monolith @BitcoinMonolith]

@jimmysong and the winning chain is… Ethereum

[Bitcoin Monolith @BitcoinMonolith]

@elonmusk and then we’ll need to solve the heat death of the universe (but there’s a little more time for that)

[Cory Klippsten 🦢 Swan.com @CorySwan]

NOPE.

Bitcoin does not work because of “trust.". It works because anyone, anywhere, can verify.

You don’t need to trust Mike Novogratz. You don’t need to trust me. You don’t need to trust “the community.”

YOU can run the software yourself. YOU can verify the supply. YOU can verify the rules. YOU can verify every transaction that has ever settled.

That is the entire point of Bitcoin.

It is NOT a shared belief system. It is not dependent on some collective story holding together. It is a monetary network made stronger by every additional individual who independently arrives at the rational conclusion that Bitcoin is the superior form of money.

The “community” is just the secondary effect of that individual discovery process. The primary thing is the verification. That’s what makes it antifragile. That’s what makes it different from every other asset Novogratz ever blew up trading.

Until more tradfi people actually understand this distinction, they’re going to keep reducing Bitcoin to the same trust-based frameworks that failed us in the first place.

[Bitcoin Monolith @BitcoinMonolith]

@realcryptoboost @real_vijay it just needs a stirring soundtrack. maybe Ride of the Valkyries

[Bitcoin Monolith @BitcoinMonolith]

@scottmelker lol

[Bitcoin Monolith @BitcoinMonolith]

@cosmosarcive it’d be more interesting to show an example where P is not the center.

[Bitcoin Monolith @BitcoinMonolith]

@EliBenSasson nope. eventually we may need more granularity than 100M sats/Bitcoin but never more than the original 21M Bitcoins.

[Martin Massera @elmartus]

@BitcoinSapiens @grok what is this comparison of bitcoin and energy?

[Sparrow Wallet 🐦 @SparrowWallet]

Unless @Apple's decision to terminate @craigraw's Apple Developer account is reversed by June 30, all new installs of Sparrow will fail, and development on macOS will end. If you value Sparrow, a repost would help. @AppleSupport