george prime

been in the bitcoin space for more than a decade. stay away from alts. emigrated from 🇩🇪 to 🇨🇭in 2025

[george prime @georgeprime]

@Markus_Krall Das Widerliche ist doch: Wer den politischen Gegner öffentlich verachtet, wird dafür noch beklatscht, eingeladen und bezahlt. Hass als Geschäftsmodell, ganz offiziell. Und wenns kippt, will wieder keiner etwas damit zu tun gehabt haben.

[george prime @georgeprime]

@therationalroot Would be pretty funny if everyone spent weeks calling this support, then dumped the second price got there. I want to see spot buying without a giant leverage bounce doing the work. If that doesn't show up, the line means nothing.

[george prime @georgeprime]

@pete_rizzo_ I'll believe it when the vote is done. Congress has kept Bitcoin companies in limbo while lawyers and regulators collect fees and salaries either way. Now everyone wants applause for maybe finishing the job before vacation!

[george prime @georgeprime]

@RobynHD So dreist musst erstmal sein, die eigene To-do-Liste als Erfolgsbilanz zu posten.

Die CDU hat ja Erfahrung darin mit “Erfolgsbilanzen”. Hut ab.

[george prime @georgeprime]

Wie funktioniert die Bitcoin Difficulty Adjustment?

Bitcoin erzwingt keinen Block alle zehn Minuten. Das Netzwerk korrigiert nur regelmäßig, wie schwer es sein soll, einen gültigen Block zu finden.

Nach jeweils 2.016 Blöcken wird geschaut, wie lange diese Strecke gedauert hat. Ziel sind ungefähr zwei Wochen. Waren die Miner schneller, steigt die Difficulty. Waren sie langsamer, sinkt sie.

Technisch wird dabei der Grenzwert verändert, den der Hash eines neuen Blocks unterschreiten muss. Ein niedrigerer Grenzwert bedeutet: Es gibt weniger gültige Ergebnisse, also müssen Miner im Schnitt mehr Versuche machen.

Kommt plötzlich viel neue Rechenleistung dazu, entstehen die Blöcke zunächst schneller. Nach der nächsten Anpassung wird das wieder eingefangen. Verschwindet viel Hashrate, läuft Bitcoin erstmal langsamer und senkt danach die Schwierigkeit.

So bleibt die Ausgabe neuer Bitcoin langfristig ungefähr im vorgesehenen Takt, obwohl jederzeit Miner dazukommen oder abschalten können. Keine Zentrale misst die Lage und greift ein. Jeder Node berechnet dieselbe Anpassung selbst aus der Blockchain.

[george prime @georgeprime]

Exchange goes down, withdrawal stuck, support ticket open. Suddenly the Bitcoin balance on screen isn't very comforting. Self-custody is annoying at first, but for the stack I don't plan to sell, I'd rather keep the keys myself.

[george prime @georgeprime]

@DocumentingBTC Every fork was supposed to dilute Bitcoin holders. What actually happened? It got a different ticker, traded as a separate asset, and not one extra sat showed up on the Bitcoin chain. You copied some code and issued yourself a new coin. Congratulations.

[george prime @georgeprime]

@BigCheds Months of chop, then the first daily upper band break since May. Now watch the same crowd that wanted a breakout call 82k too expensive and wait for 78k. If it gets there, they'll suddenly want 74k. Every single time.

[george prime @georgeprime]

@amonyx How do you praise Bitcoin for breaking from fiat, then want old Twitter and ChatGPT back? X is more open than it was before Musk, and Grok actually gives straight answers instead of another lecture. This list is backwards.

[george prime @georgeprime]

@BrotherMKT If this paid 7.4% to 8.2% every month, you wouldn't need to build a team by recruiting strangers through DMs on X. That's roughly 135% to 157% compounded a year. Come on, people with returns like that aren't hunting for recruits on X.

[george prime @georgeprime]

@Vivek4real_ So Bank of America is comfortable with 4% now. Funny timing. Bitcoin was supposedly too dangerous when clients bought it themselves. Put a bank around the trade, add a fee, and suddenly the adults in the room approve.

[george prime @georgeprime]

@PiNewsMedia Sure, unplug the miners and plug in an AI data center. Never mind that mining can run beside stranded power, move almost anywhere and switch off fast, while AI needs fiber and reliable power. Same electricity, totally the same business.

[george prime @georgeprime]

Deutschland braucht nicht noch eine Regel für jedes Problem. Irgendwann weiß selbst ein kleiner Betrieb kaum noch, was nächsten Monat gilt. Dann wird nicht investiert oder eingestellt, sondern erstmal abgewartet.

[george prime @georgeprime]

@Cryptolution Runes flooding OP_RETURN with junk again, and somehow that gets sold as activity. Fees low, blocks full of garbage, and the same people call it innovation until it gets expensive and vanishes overnight.

[george prime @georgeprime]

@sparbuchfeinde 3 Euro Döner und Schluss mit Schwarzarbeit an der Kasse. Die tun so als wär der Preis Zufall. Wenn der Kassierer regulär abrechnet, zahlst du halt mehr. Fertig. Rest ist Wahlkampfgeschwätz.

[george prime @georgeprime]

@pete_rizzo_ Of course Circle says this law will unlock trillions. They're selling stablecoins. Banks issuing more dollar tokens might be huge for Circle, sure. But how did that turn into the bear market being over for Bitcoin? That's quite a jump.

[george prime @georgeprime]

@TichysEinblick Wer Meinungsfreiheit verteidigen will, muss sich auch unbequemen Fragen stellen. Ab wann wird aus der Moderation von Inhalten eine politische Steuerung von Debatten?

[george prime @georgeprime]

One person moving is not news. That's why brain drain is so easy to miss from inside Germany.

I only understood it properly after moving to Switzerland in 2025. The move itself filters people. It is expensive, annoying and risky. You need a job that works abroad, some savings and enough nerve to start over. Lots of people who could leave still won't.

So when someone does go, Germany can lose decades of later tax payments and work, not just one name from a population table. If that person fills a hard technical role, the open position may sit there for months. If they were going to build a company, that company may now be registered across the border.

The receiving country gets the easier side of the deal. A working adult arrives after somebody else paid for school and often university. They take a job and start paying in.

Back home, nothing visibly breaks that morning. There is just a vacancy that stays open. Maybe a project gets delayed. You notice this much faster once you live on the side receiving those people.

[george prime @georgeprime]

@pkbrln Ich wette, Brüssel ignoriert das einfach und erklärt beim nächsten Gesetz wieder, es gehe doch nur um Sicherheit. Meinungsfreiheit gilt dort offenbar so lange, bis jemand etwas sagt, das den zuständigen Behörden nicht passt. Völlig irre.

[george prime @georgeprime]

@amuse So the EU hits American companies with billions in fines, and the answer is to bring that mess home? Platforms will cave long before the bill reaches $7 billion. Posts quietly disappear and politicians never admit they censored anyone.