Dead Simple Bitcoin

#Bitcoin educational videos

[Dead Simple Bitcoin @DeadSimpleBTC]

#Bitcoin is pound for pound the best money

Full video breakdown in bio

[Dead Simple Bitcoin @DeadSimpleBTC]

With shitcoin projects like $luna and $ust falling through the floor

Now is a good time to revisit the basics

#bitcoin is the only project to focus on

[Dead Simple Bitcoin @DeadSimpleBTC]

#Bitcoin is pound for pound the best money

Full video breakdown in bio

[Dead Simple Bitcoin @DeadSimpleBTC]

@TheFifthCircle Thank you

[Dead Simple Bitcoin @DeadSimpleBTC]

Interested in learning how to program #bitcoin?

Subscribe to my YouTube channel for short (<10 min) animation videos

[Dead Simple Bitcoin @DeadSimpleBTC]

The last 2 million #bitcoin will take 118 years to create.

The next 2 million dollars will be printed in the next 1-2 hours.

[Dead Simple Bitcoin @DeadSimpleBTC]

@bitcoinfool Asset all day.

That being said, it’s more interesting to learn about the network than trying to speculate on short term price.

But the 21M scarce bitcoin are the only assets I care about on the network.

[Dead Simple Bitcoin @DeadSimpleBTC]

.@elonmusk could buy 9% of Twitter and influence the algo

Elon musk could buy 9% of a POS crypto and influence the consensus

Elon musk could buy 9% of #bitcoin mining equipment and.. he’d still have to follow the rules set by the node you’re running on your $300 raspberry pi

[Dead Simple Bitcoin @DeadSimpleBTC]

@skwp Cheap sats!

[Dead Simple Bitcoin @DeadSimpleBTC]

@Roaring30s I’ll take cheap bitcoin in the short term

[Dead Simple Bitcoin @DeadSimpleBTC]

The last 2 million #bitcoin will take 118 years to create.

The next 2 million dollars will be printed in the next 1-2 hours.

[Dead Simple Bitcoin @DeadSimpleBTC]

Learning Finite Fields is like eating your vegetables.

If you want to grow up to be a big strong #Bitcoin developer, you’ll need to know the math behind the cryptography

Luckily there’s a 6 minute video packed with fun animations you can watch at 2x speed.

3 minutes of veggys

[Dead Simple Bitcoin @DeadSimpleBTC]

@wiseoldguy @jerrybrito It takes energy to make guesses (hashes, attempts at the “math problem”)

The computers have a hash per joule efficiency

[Dead Simple Bitcoin @DeadSimpleBTC]

@wiseoldguy @jerrybrito The correct hash has a relationship to the amount of energy consumed.

It’s called the difficulty adjustment.

[Dead Simple Bitcoin @DeadSimpleBTC]

@corndalorian @callebtc @Strike Not necessarily, unless you consider putting engineering effort towards fiat on lightning vs developing bolt 12 a form of preclusion

[Dead Simple Bitcoin @DeadSimpleBTC]

@wiseoldguy @jerrybrito How was the math problem solved? It used energy

The computer put in one form of energy (electricity) and converted it to another (heat)

The computer did work.

The correct hash is the proof of work. The proof the computer did work (converted energy)

[Dead Simple Bitcoin @DeadSimpleBTC]

@pahodl @DocumentingBTC Sweet, thanks

[Dead Simple Bitcoin @DeadSimpleBTC]

@wiseoldguy @jerrybrito TLDR: bitcoin stores value, not energy

Bitcoin mining converts energy to heat

[Dead Simple Bitcoin @DeadSimpleBTC]

@wiseoldguy @jerrybrito Bitcoin has objective properties that makes it the best money

[Dead Simple Bitcoin @DeadSimpleBTC]

#Bitcoin is pound for pound the best money

Full video breakdown in bio