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Heeey! Guess what day it is! I know, sorry guys it's Tuesday... But do you really think bitcoin gives a fuck?? It's #BitcoinTuesday motherfuckers! 🥳🎉
Issue #5
D E F I A N C E
Unschoolers defy the ED.
Biohackers defy the FDA.
Gun printers defy the ATF.
Drone pilots defy the FAA.
Carnivores defy the USDA.
Cypherpunks defy the NSA.
Token issuers defy the SEC.
Darknet markets defy the DEA.
Bitcoiners defy the Federal Reserve.
@Xentagz Bitcoin is like early electricity. Raw, dangerous, seems very volatile and hard to use. With time though it'll start to feel safer, easier and normal. Like electricity it will inspire and power new unimaginable industries. And one day we’ll wonder where did Bitcoin come from?
Bitcoin is the first bearer instrument that can be stored digitally.
This means there is now property that can be secured digitally.
This means property rights for Bitcoin can't be restricted very easily.
This is good for human freedom. We have a tool to fight oppression.
BITCOIN INVESTMENT CYCLE
The founders were the cypherpunks.
The angel money was from drugs and libertarians.
Then came the general public.
Institutional money comes last.
The rules of investment (or lack thereof) favoured the public.
Welcome to Bitcoin. 1000x for the public
The Lightning Network is actually two scaling solutions in one package. The first is that payment channels scale transaction volume between two points. This is probably enough for many many use-cases. The second is that it scales users. One channel gives access to N destinations.
In 2018, US taxpayers paid...
$800M to manufacture US dollars
$24M to transport them
$14M for quality assurance
$7M for counterfeit deterrence
There is still an estimated $3B counterfeit bills globally.
Bitcoin costs tax payers nothing. There are zero counterfeit bitcoins.
Imagine growing up with the Internet, see everything that has been enabled by it over the last 30 years, and dismissing Bitcoin because it’s too ambitious or “the governments won’t let it happen”.
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Yoo #BitcoinTwitter! Long time no see... This week there was no #BitcoinMonday because I needed some time to get off of Twitter because of some personal issues. But I'm back crazier than ever motherfuckers 😂
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The reason for this is that I wanna get some more time to focus on something new that I'm cooking 👨🍳 I'm not gonna tell you what it is just yet, but I can tell you that it has something to do with my second greathest passion - marketing.