The speech in the video was given by Peter Finch in his Oscar-winning performance as Howard Beale in the 1976 film The Network.
The problems haven't changed much in the last 50 years, but the solution has... #bitcoin
I am pleased to share with you the English version of my extensively researched article "Bitcoin and the Future of Banking". This article provides an in-depth look at bitcoin and the banking industry.
You can download the PDF here:
Linkedin: https://t.co/D94PCnMY7x
Google Drive: https://t.co/fGCa9Fa2K9
Here's a preview of what you'll find inside:
-A deep dive into the definition, characteristics, and history of money, highlighting bitcoin's superiority as a form of money.
-An analysis of the potential implications for finance and economics should bitcoin emerge as the dominant store of value.
-Insights into how bitcoin works and clarification of common misconceptions surrounding blockchain technology.
-A critical examination of the existing banking model and how bitcoin could change this landscape.
-Projections of bitcoin's evolving role within the mainstream banking industry.
-A thoughtful discussion of bitcoin mining, its energy implications, and sustainability considerations.
Inspired by @Saifedean Ammous' book "The Bitcoin Standard", I believe this article is an excellent all-in-one handbook that thoroughly explains the concepts of both bitcoin and banking for readers of all levels.
#bitcoin #banking
Bitcoin’s Fourier Transform: Transforming Time into Block Heights Instead of Frequencies.
In the #bitcoin blockchain, time is not measured in the traditional sense (like hours and minutes), but rather in terms of block height. Block height refers to the number of blocks in the chain preceding a particular block. This is a unique way of measuring the passage of time..
Now, likening this to a Fourier Transform:
- In a Fourier Transform, a signal is transformed from the time domain, where it's represented in terms of time, into the frequency domain, where it's represented in terms of frequencies. This transformation allows us to understand and analyze the signal's frequency components.
- In the #bitcoin blockchain, you could say that transactions and events are transformed from the traditional time dimension into a "Time Chain" dimension, represented by block height. Just as frequency gives a different perspective on a signal in Fourier Transform, block height offers a unique perspective on the sequence and timing of events in the blockchain.
In this way, block height in #bitcoin is akin to frequency in a Fourier Transform: it's a different way of representing and understanding the progression and sequence of events, moving from a conventional dimension (time or time-based signal) to a system-specific dimension (frequency or block height).
🫂ISTANBUL #BITCOIN MEETUP
1 Kasim 19:30'da Istanbul @CobacWorkspace'te buluşuyoruz! Bu etkinlik, Bitcoin ve ilgili gelişmeleri keşfetmek ve tartışmak isteyenler için harika bir fırsat. Tartışmayı, bilgi alışverişini ve keyifli sohbeti teşvik edecek bir format izliyoruz.
We are meeting on November 1, 19:30 at @CobacWorkspace in Istanbul, Eminönü! This event is a great opportunity for all who want to explore Bitcoin and related developments. The format will encourage discussion, exchange of information and pleasant conversation.
Info ⛓️
https://t.co/ao8nZaU33v
“Bitcoin fiyatı niye artıyor? Bitcoin’in altında yatan bir değer yok” diye düşünenler olabilir.
Açıklayayım:
#bitcoin ‘in altında yatan bir değer yoktur. #bitcoin altta yatan değerin ta kendisidir.
Finansı çok kompleksleştirmeye gerek yok. Siz emek harcayıp bir birikim yapmaya çalışıyorsunuz. Birileri de bu birikimi sizden dolaylı yoldan almaya çalışıyor. Siz de birikiminizi kaptırmamak için çırpınıyorsunuz. 🧵
Bir yılı aşkın süredir üzerinde çalıştığım "Bitcoin ve Bankacılığın Geleceği" adlı yazımı nihayet tamamladım.
Yazımın PDF'ine burdan ulaşabilirsiniz:
Linkedin: https://t.co/2FHu5aIA9K
Google Drive: https://t.co/X0CdLQwoeq
#Bitcoin#Bankacılık
2006'dan itibaren TL-M2 yıllık %24+ büyüyor.
Gelirleri 17,5 yılda her yıl %25 büyütemediyseniz, para kaybettiniz.
Yatırımları her yıl %25 büyütemediyseniz, para kaybettiniz.
Paranız her 3 yılda güç olarak yarıya indi.
Kredi+Enf. kısmına girmiyorum.
Planlarınızı buna göre yapın.
27 Eylül 19:30'da Istanbul @CobacWorkspace'te buluşuyoruz!
Bu etkinlik, Bitcoin ve ilgili gelişmeleri keşfetmek ve tartışmak isteyenler için harika bir fırsat. Tartışmayı, bilgi alışverişini ve keyifli sohbeti teşvik edecek bir format izliyoruz.
https://t.co/eL18v4by0p
We are meeting on Setpember 27, 19:30 at @CobacWorkspace in Istanbul, Eminönü!
This event is a great opportunity for all who want to explore Bitcoin and related developments. The format will encourage discussion, exchange of information and pleasant conversation.
https://t.co/eL18v4by0p
The economic challenges due to hyperinflation are real, and it's crucial to understand the impact on everyday life.
In Turkey, everything can be a store of value. 🇹🇷
#bitcoinexplorers
@efebitcoin @ZinedHodl Yes you will be selling your bitcoin stack.
Thats why I said its key to not default.
And @ZinedHodl said “1. I trust myself to find a new job, also it's all covered by insurance and payments from gov. Easy.”
If you feel default is a high risk then I agree it is not for you.
@efebitcoin @ZinedHodl I think short term btc price volatility is the confusing part in this convo. Thats why @ZinedHodl said 10 year and a say rolling loans. We are not talking about timing the market, we are talking about shorting fiat.