Plain Bitcoin

Exposing soft money. Bitcoin, privacy and sovereignty, plainly.

[Plain Bitcoin @PlainBTC]

In March 2009 the Fed chair went on 60 Minutes and got asked if the money he was lending banks was tax money.

His answer: "To lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed."

That's how their money gets made. A few keystrokes.

Yours takes a 40 hour week, and every keystroke they make quietly shrinks what that week buys.

Bitcoin can't be marked up. 21 million coins, and nobody gets a keyboard shortcut.

[Michael Saylor @saylor]

@davidgokhshtein Bitcoin

[Plain Bitcoin @PlainBTC]

@Cointelegraph Every bubble pops the same way.
The money that inflated it gets printed again to save it, and savers pay for the rescue.

Bitcoin doesn't need rotating into. It's where you park money so nobody can print it away while you wait.

[Plain Bitcoin @PlainBTC]

Your groceries didn't get more expensive. Your money got worse.

Watch what 46 years of printing did to $100.

[Charles Guillemet @P3b7_]

Bitcoin is often compared to gold. But Bitcoin is superior.

- It’s easily transferable across the planet in minutes.
- It’s divisible down to 100 million sats: no melting, no weighing.
- Self-custody means no vault fees or seizure risk beyond losing your keys.

- And contrary to gold, there’s a hard finite amount of Bitcoin: 21 million. Gold’s supply can keep growing via mining or, as Marathon Fusion is demonstrating, via nuclear transmutation of mercury using fusion neutrons. Physical scarcity might be a temporary geological constraint. Bitcoin’s is mathematical and fixed by protocol.

[calle @callebtc]

Thank you all for helping to build, test, and promote Bitchat.

Proud of the Bitcoin and Nostr community for stepping up and defending freedom of speech for people around the world.

[Plain Bitcoin @PlainBTC]

@BitcoinArchive Second best is just the thing you dump to buy more Bitcoin later.

Every other asset comes with a CEO who can dilute you, a central bank that can print you poorer, or a vault someone else holds the key to.

Holding anything else is just paying someone to rob you slower.

[Plain Bitcoin @PlainBTC]

@theswansjr Still waiting, Jeff.

@PeterSchiff has called Bitcoin's funeral so many times he could open a funeral home.
Meanwhile it's still producing a block every ten minutes, and gold still can't be sent across a border in a text message.

[Plain Bitcoin @PlainBTC]

Bitcoin has been running since January 2009 and it has never once closed for a bank holiday.

No weekend cut-off, no branch shutting at 4pm on a Friday.

Meanwhile your bank still takes days to send your own money abroad, and texts you a fraud alert for trying.

Bitcoin has produced a new block roughly every ten minutes for over 17 years. Nobody had to log in on a Monday and fix it.

[Plain Bitcoin @PlainBTC]

@BTCsessions If people are already asking whether it'll get pulled from the app store, that's the best ad it could get.

Same lesson as Bitcoin.

Anything that needs permission from a store, a tower or a bank can be switched off.
Get it installed while you still can.

[Plain Bitcoin @PlainBTC]

A pool cleaner and a mocktail bar worked out what every small business learns the hard way.

The bank takes a cut of every card swipe, sits on your money for days, and can close your account without telling you why.

Bitcoin settles without asking anyone, and nobody can freeze the till.

[Plain Bitcoin @PlainBTC]

Whatever side you're on in France right now, everyone just learned the same lesson.

When the streets get messy, the network and the bank are the first things you can't count on.

An app that sends Bitcoin over Bluetooth without either is something you want installed before that day, not after.

[TFTC @TFTC21]

.@callebtc announces BitNotes, a multi-mint Cashu wallet that lets you print ecash as physical paper notes you can verify offline. Free and open source, available on Android and macOS.

[Plain Bitcoin @PlainBTC]

@Cointelegraph Yes, and it's the part governments will hate most.

They can lean on a few big mining farms.
They can't raid a million hot water tanks.

Every home miner makes Bitcoin harder to stop, and you still get a hot shower out of it.

[Plain Bitcoin @PlainBTC]

@SimplyBitcoin Your boiler burns the same electricity either way.
Might as well earn sats and help secure the network while it heats your shower.

Bitcoin's the only money where making more costs real energy.
The central bank's version just costs a keystroke.

[Plain Bitcoin @PlainBTC]

@CashApp @Bitkey An app that helps you move your money out of the app.

Try asking your bank to auto-send your savings somewhere it can never freeze, lend out or "review" them.

That's the whole point of Bitcoin. Your keys, your coins, nobody's permission.

[Plain Bitcoin @PlainBTC]

Traditional money going obsolete is the one part he's right about.

A world of robots trading with robots still needs money, just not the kind that needs a bank to open the account.

That's Bitcoin.
Every block costs real energy to make, and a robot can hold the keys without asking anyone's permission.

[Plain Bitcoin @PlainBTC]

@theswansjr Strange way to sink.
A new block every ten minutes since 2009, no bank holidays, no bailouts, nobody at the wheel to fire.

Meanwhile the "tide has turned" chart needed five arrows and a warning box to explain itself.

Keep your keys, let them keep drawing lines.

[Plain Bitcoin @PlainBTC]

In May 2021 the Governor of the Bank of England said Bitcoin has no intrinsic value and you should be prepared to lose all your money.

Bitcoin was around $56,000. It's around $82,000 now.

Meanwhile UK inflation hit 11.1% in October 2022, the highest in 41 years, on his watch.

Turns out the thing you should've been prepared to lose money on was the pound.

Bitcoin can't be printed by the Bank of England or anyone else. That's the intrinsic value he couldn't see.

[Trey Sellers | Bitcoin FIRE @ts_hodl]

I'd rather have 1 bitcoin and rent

Than a paid-off house

And zero bitcoin

[Quinten @QuintenFrancois]

Gold market cap is $28.5 trillion

Bitcoin market cap is $1.6 trillion

This is going to be the mother of all capital rotations.