Dave Parker

Bitcoin is the Truth Machine

[Dave Parker @iamdaveparker]

After 3 years my interactive sci-fi novel is finally a reality
Sharing this with my bitcoin friends first.

I'd love to have you along for the ride ♥️

https://t.co/r5vuEBrhCF

[Mandrik @Mandrik]

The secret to not crashing out and rage quitting Bitcoin is simple:

Embrace irrelevance.

You had your 15 minutes? Cool. So did Satoshi, and even he left.

You don't have to do the same. You're welcome to stick around!

You can show up to events to socialize and see what the fresh blood is building. You could become a walking meme.

"Baklava guy" is taken, but you'll figure something out.

Just don't start thinking Bitcoin needs you forever and that you're somehow super important. It doesn't and you aren't.

Stay humble, stay irrelevant.

Stay happy. ✌️

[Daniel Batten @DSBatten]

JUST IN: new peer-reviewed research finds Bitcoin mining has the capacity to absorb 83% of the wind Ireland is forced to throw away, lifting wind farm revenues by 32%.

The paper is a wake-up call for grid operators, regulators and political leaders around the world whose grids are wasting large quantities of renewable energy, because the paper includes a head-to-head comparison with battery, finding 2 significant advantages, both which matter to the taxpayer.

1. No subsidy required:
"Compared with battery storage, hydrogen electrolysis, or transmission reinforcement, the co-investment is privately financed and operationally market-driven" and "...without requiring physical network upgrades or regulatory subsidy."

2. No performance degradation
"Unlike battery storage, mining incurs no round-trip efficiency losses or cycle degradation; unlike hydrogen electrolysis, it requires no downstream offtake infrastructure."

In layman's terms, this means that a battery gives back less power than it takes, and wears out with every cycle - whereas hydrogen needs a pipeline and a buyer at the far end. Bitcoin mining simply pays to use otherwise wasted power on the spot and needs nothing more after that.

Plus, Batteries, hydrogen and new wires are all paid for by the public. Bitcoin mining, uniquely, isn't.

To summarize: Together with previous papers on renewable energy monetization using Bitcoin mining, this technology is looking increasingly like the only tax-neutral way to keep renewable energy transition targets on track (or get them back on track).

The finding puts even more pressure on Ireland's neighbour, the UK, which continues to waste significant amounts of wind energy, to properly evaluate Bitcoin mining.

source: https://t.co/b2mhCXokxZ

This paper is doubly-significant because prior studies were done on deregulated grids like ERCOT (Texas). This study shows that Bitcoin mining's benefits extend to islanded regulated grids with high renewable penetration.

The study comes at a time where Ireland is currently wasting11.4% of its available wind (source: https://t.co/qMSwfoL9Wk). Its Climate Action Plan targets <7% curtailment by 2030. But an independent estimate says it's currently going in the opposite direction, projected to increase to16% by 2030, even with storage and demand response built (source: https://t.co/vIBZxhUS33).

The paper is published in Energy Economics which has an impact factor of 13.5 (top 2% of academic journals)

Source: https://t.co/BE5fj0iYdz

[River @River]

46% of all bitcoin is held in self-custody.

[StackchainBuddha🖤❤️🔆 @BuddhaPerchance]

I believe the only people still supporting Luke right now are just hoping for some type of free coin.

They know whatever he’s doing isn’t replacing bitcoin.

[Cruz 🏴‍☠️ @ozsats256]

I actually thought Luke was making a lot of sense to begin with and supported Knots.

Then I thought he was showing signs of being a spook, then I realised he’s completely delusional.

Slay your heroes. Don’t go off the cliff because you were on that “team”.

Your opinions should evolve with new information.

[Joel Bomgar @JoelBomgar]

Bitcoin will NOT stay at $64,000

[Billy ₿oone @thebillyboone]

If you are reading this, and have a 0% BTC allocation, consider this:
Wealthiest person in the world: "I own Bitcoin"
Largest asset managers on earth:
"We custody Bitcoin"
The guy that prints the money you work for:

[Bitcoin Archive @BitcoinArchive]

🇨🇦 $620B National Bank of Canada doubles stake in Michael Saylor's Strategy

- Now holds $105M worth of MSTR.

- Also bought $6M worth of Bitcoin ETFs.

[MDB @MDBitcoin]

I made peace a long time ago with one uncomfortable, brutal possibility:

Bitcoin could cost me nearly everything.

A massive percentage of what I’ve spent years building is tied to this conviction.

I’m all in.

If the thesis breaks, the financial damage could be savage.

And I accept that.

Because I would rather absorb a devastating loss pursuing what I genuinely believe is a rare, once-in-a-generation asymmetric opportunity than spend decades watching it succeed while knowing I stayed safely on the sidelines.

I accumulated through the heavy, miserable 2019 market.

I kept buying through the violent wreckage and absolute carnage of 2022.

And I’m still relentlessly adding today.

From the outside, that probably looks irrational, irresponsible, maybe completely reckless.

I have no idea how many wildly overexposed, stubbornly committed, borderline-insane Bitcoin holders are riding this gigantic monetary experiment beside me.

But if you’re one of them,

you’re an absolute legend in my eyess.

[Dave Parker @iamdaveparker]

@MDBitcoin Same here

[The Bitcoin Historian @pete_rizzo_]

BREAKING: 🇺🇸 US GOVERNMENT DEBT JUST HIT A NEW ALL-TIME HIGH ABOVE $40 TRILLION

THAT'S $40,000,000,000,000 US DOLLARS

OVER $300,000 FOR EVERY HOUSEHOLD IN THE COUNTRY

OVER $120,000 FOR EACH AMERICAN CITIZEN

WE'RE NOW GOING UP $2 TO $3 TRILLION ANNUALLY

THIS IS WHY WE #BITCOIN 🔥

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Billionaire Tim Draper says:

“First they’ll say, 'We accept Bitcoin.'

Then they’ll say, 'We only accept Bitcoin.'

Then there will be a run on the banks.

Then the world as we know it will fundamentally change forever as Bitcoin goes infinite against the US dollar.”

[Trey Sellers ∞/21M @ts_hodl]

BIP-110 failed because it had vanishingly little support.

There wasn’t corruption or capture or sabotage or backroom dealings.

It was simply a poor solution to a menial problem that was marketed and executed in the worst possible manner.

Hope this helps.

[Bitcoin Archive @BitcoinArchive]

JUST IN: 🇺🇦 Bitcoin mining can power Ukraine’s rebuild — Bitcoin Policy Institute

🔸Monetizes stranded nuclear energy.

🔸$1B revenue possible over 5 years.

[MDB @MDBitcoin]

Changing proof of work for BIP-110 is just launching another garbage altcoin with a Bitcoin costume on it.

We’ve watched this exact failure pattern play out before.

If you think my perspective carries any weight, stop wasting your time and effort on a doomed fork and put that energy into something that can actually move Bitcoin forward.

And frankly, the whole thing increasingly looks like a psyop designed to drain attention, fracture people, and keep everyone fighting over a dead-end minority chain.

There are far more important fights than trying to resuscitate a chain the market has already rejected...

[Bitcoin Policy Institute @bitcoinpolicy]

NEW RESEARCH from @JakeLangenkamp demonstrates how Bitcoin can accelerate Ukraine's re-energization and strengthen its financial future.

Bitcoin mining data centers can monetize Ukraine's stranded energy assets and can serve as powerful demand-response partners as the country rebuilds its grid.

Monetizing even 750 MW of stranded energy could generate roughly $1 billion over five years, creating new revenue to service reconstruction debt while employing veterans and requiring no direct capital outlay from the government.

Read more: https://t.co/coHdC8XbZk

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 CFTC 'will proceed with digital asset rulemakings' even if the Clarity Act does not pass, Chairman Selig reportedly said 👀

[Dave Parker @iamdaveparker]

@pete_rizzo_ Review is coming 👍🙂

[The Bitcoin Historian @pete_rizzo_]

JUST IN: 🇺🇸 FORMER MISSISSIPPI CONGRESSMAN JUST BOUGHT $25,000 WORTH OF JACK DORSEY’S BITKEY #BITCOIN WALLETS AND GAVE THEM AWAY FOR FREE

HE CREDITED EACH ACCOUNT WITH $250 OF HIS OWN PERSONAL MONEY

OVER 100 PEOPLE RECEIVED FREE HARDWARE WALLETS

THIS IS HOW YOU SCALE GLOBAL SELF-CUSTODY AND SECURITY

WHAT AN ABSOLUTE LEGEND 🔥🔥

[Neil Jacobs @NeilJacobs]

"Removing [Luke Dashjr] was right and it arrived a decade late. He is not a misunderstood genius the project had to accommodate.

He is a man who burned other people's work every time he held the key to burn it, who misrepresented his own proposal to the people running it right up until the chain stalled at two blocks, and who then told them a fork with no replay protection carried zero risks.

He never had the arguments. He only ever had the access. Now he doesn't have that either."