Ex Senior I.T Project Manager. Love working with super intelligent nerds. Love technology, maths, art and BTC. Enjoy developing in Decentraland.
Love is real ๐ค
This is a message for @neuralink & @elonmusk. What are the chances of becoming a patient please? I've recently had a fall and hit my head so hard that I've kinked my spinal cord and now I can't walk or use my hands. I've just turned 45 and the beauty is, on my 40th birthday I
@DavidofGod999@fool0fatook@supplyshocks@PeterMcCormack In an email, he also states 'could care less', instead of 'Couldn't care less'. Not something a Brit says. I've almost lost some respect for Satoshi for saying this actually. ๐ ๐ค
@kurtwuckertjr@ContinuumCEO Rather than just throwing around wild accusations (both sides).
Does anybody know if there is an architecture document we can look at, to see the setup in detail please? Peace ๐ค
@jmarcelino@MarbeyHidalgo@bensig@adam3us Also, hadn't Bitcoin already been coded by the time he wrote the white paper, therefore uses 'we' due to the help he had coding it? ๐ค
Iโm obsessed with learning how to learn.
So, I spent 100+ hours studying how Elon Musk, Sam Altman, and Naval Ravikant absorb information.
Hereโs what I found on becoming a learning machine:
You haven't met the real #Bitcoin yet.
93% of its supply has been issued over the past 14 years.
What you think of as "Bitcoin" is what you have experienced as 93% of all Bitcoin that will ever exist was dumped onto the market.
But during the next 14 years, buyers will fight over new issuance that is a mere 6% of the total supply.
And after that? Less than .5% of new supply will remain.
Bitcoin's true scarcity hasn't even kicked in yet.
What happens early next year when it becomes the hardest money that humanity has ever known?
And what about when understanding of this new monetary technology grows at the same time new issuance goes from a flood to a trickle?
People are terrible at projecting into the future.
They don't understand just how rare 1 #Bitcoin is.
There will come a time when all the mining power in the world won't even produce a single Bitcoin in a year.
There are 60 million millionaires in the world.
If BTC were evenly spread amongst them, they could each have .35 BTC max.
Except ~5 million BTC are already lost forever...
Which means .26 BTC max per fiat millionaire.
And that's forgetting the corporations, insurance funds, pension funds, sovereign wealth funds, and nation states that will permanently remove millions of BTC from the market.
It's also assuming that current individual holders who refused to sell despite years of ridicule will suddenly decide to trade their entire stack for fiat.
Bottom line: Bitcoin is ridiculously scarce.
Even 0.1 BTC will be considered a fortune one day.
But by then you won't measure its value in infinite fiat.
People will just intuitively understand how abundant everything else is relative to BTC.
And all goods will be priced accordingly.
Pricing Bitcoin in infinite fiat will one day seem as ridiculous as pricing an ounce of gold in Wampum.
@KevinSvenson_ @Xpayments Always remember hearing, Elon pop onto a Spaces chat, not for long but he 100% said they were doing something in the background with $DOGE. Now, he did say, don't bet the farm on it. But ever since then I've been adding a small amount here and there. @elonmusk word usually = ๐๐ชจ