BTC Library

Reading and Ranting

[BTC Library @TheBTCLibrary]

@BTCsessions Stop the spread

[BTC Library @TheBTCLibrary]

@thinkingcrypto @CaitlinLong_ Never Sell is a meme imo

It's always been about the shareholders and the product.

[BTC Library @TheBTCLibrary]

Everybody can learn from a good question

[BTC Library @TheBTCLibrary]

@zaidlikesmstr @saylor True

[BTC Library @TheBTCLibrary]

@TFTC21 And they say Bitcoin has no marketing

[Lyn Alden @LynAldenContact]

It’s a good argument not to put too much wealth into local real estate, and instead to think more global, more mobile.

[BTC Library @TheBTCLibrary]

Bitcoin is the battery

[Joe Burnett, MSBA @IIICapital]

“You only buy Bitcoin so you can sell it for something else in the future.”

Congratulations, you invented money.

[BTC Library @TheBTCLibrary]

Bitcoin Is

Highly liquid
Globally traded
Widely used in leverage structures
Without policy backstop
24/7 repricing

As @LukeGromen says Bitcoin is the last functioning smoke alarm of liquidity

Maybe it's telling us something

[BTC Library @TheBTCLibrary]

@RayDalio A house divided is a quote from the gospels
Mark 3:25

[BTC Library @TheBTCLibrary]

@Breedlove22 It's all of us!

To borrow from @JeffBooth

[BTC Library @TheBTCLibrary]

Bitcoin is money.

[BTC Library @TheBTCLibrary]

Bitcoin is what you hold when you want to preserve your wealth

[BTC Library @TheBTCLibrary]

If your liabilities are denominated in Yen and you hold bond assets in USD, you are taking currency risk. If USD falls relative to Yen then that hurts your balance sheet. But if you hold JGB and the Yen collapses then so too do the value of your liabilities!

[BTC Library @TheBTCLibrary]

@Seanfrank Pessimism of the intellect, optimism of the will

[BTC Library @TheBTCLibrary]

@boneGPT He says it's history repeating itself not an anomaly

[BTC Library @TheBTCLibrary]

Suppose we want the distance from a basketball hoop such that, with X people shooting simultaneously, one shot is made. We start at the 3 point line.

1 person takes 1 min to make it

But 2 people can do in 30 seconds.

So we move the 2 shooters back to make the shot harder.

...and we keep moving the shot back as we get more shooters.

This is difficultly adjustment in bitcoin mining!

[BTC Library @TheBTCLibrary]

The internet is information technology

Bitcoin is monetary technology