kiruri

[Tando @tando_me]

We’ve been on a side-quest, and we have good news from the other side! 40 million Kenyans now have a bitcoin Lightning Address! They didn’t need to sign up for one because they had it this entire time, attached to the phone number in their pocket!

Try it: send bitcoin to [email protected] (254 is optional). The BTC arrives as KES in their M-Pesa. ⚡ EVERY M-Pesa number works. All 40,000,000.

Wallets with LUD-09 support give you a nice clickable link to see your M-Pesa receipt. For example: https://t.co/OK0R62jNWt

[Nnamdi Obi @nnamdiobiii]

Every time the West calls an African country "unstable" they mean the resources stopped flowing.

I made a glossary of 100 diplomatic words they use and what they actually mean.

https://t.co/hivzYl1N0Z

Bookmark this before your next history book. 🧵

[Erik Hersman @whiteafrican]

Now that Bitcoin is over $100k everyone in Nairobi wants to go to the Africa Bitcoin Conference here this Monday. :)

@AfroBitcoinOrg

[kiruri @ray_rmk]

@BtcBabies @whiteafrican Shift to Signal https://t.co/iBXP3JY2Vo

[The Secret History of Gold - out May 5 @DominicFrisby]

Why everyone should own some #bitcoin - the risk of not owning is too great.

(From the recent @moneyweek summit)

[Sunny Po @sunny051488]

No, people won’t buy bitcoin at the price they deserve. Most won’t ever.

If people still don’t understand the Berkshire Hathaway business model after 50 years and it’s class A shares trading at $707k/share

Then they won’t understand bitcoin when it’s trading at $10M/bitcoin in 25 years either.

We all can’t win

The choice is yours.

[kiruri @ray_rmk]

Something to keep in mind during this bull run and probably forever

[Jameson Lopp @lopp]

Don't post about your DCA of X sats.

Don't post about hitting a milestone of stacking Y BTC.

Don't post about the value of your portfolio increasing faster than your salary.

The internet never forgets.

[kiruri @ray_rmk]

Endless solutions #Bitcoin

[Daniel Batten @DSBatten]

You are welcome to your opinion

Equally, when you say "Bitcoin is useless", you are saying that each and every one of the recorded usecases of Bitcoin is useless

In other words, you are saying:

1. Helping bring energy abundance to these 1800 African villagers have no value https://t.co/bgOaasQeUG

2. Getting aid to 1000s of war refugees is useless https://t.co/WKD4FNPGlq

3 Developing energy independence for Bhutan is useless https://t.co/fKBkfEKDea

4. Protecting National Parks in Africa is useless https://t.co/455ChX6f9P

5. Helping 19.4 million Afghanastani women avoid State-level financial discrimination is useless
https://t.co/GsClHWJn7H

6. Establishing the economic sovereignty of 14 African nations still experiencing French financial colonization is useless https://t.co/s18NsVHKKT

7. The idea of creating an alternative to a monetary system which can and does elongate wars, increase wealth gaps, bail out bankers but fail to protect employees and small businesses is useless https://t.co/T6D7yoGZdz

8. The potential to provide banking to up to 2 Billion unbanked is useless https://t.co/fKBkfEKDea… https://t.co/T4mjBZ8oRo

9. Providing a financial system that is harder to use for money laundering than fiat currency is useless https://t.co/CLghbaZfU5

10. Removing the risk of financial reprisal for running humanitarian campaigns in autocratic nations where 5.7Billion people live is useless https://t.co/2KM9kuAUQp

11. Providing 250 Million people in countries experiencing hyperinflation a means to stop 50%+ erosion of their family savings per year is useless https://t.co/7Yu7IpSSpd

12. Allowing people in developing nations to receive remittance payments from family without delays and without heavy fees is useless https://t.co/NWTeMOLUny

13. Having a secure, permissionless, decentralized, 24/7 store of value with fixed monetary supply is useless https://t.co/J75wOAXWzS

14. The accomplishment of becoming the world's most sustainably powered industry is useless https://t.co/llglfd47WY

15. Accelerating the renewable transition by making renewable generation more profitable is useless https://t.co/4SCHxTMRBu

16. Reducing more emissions from landfills than the largest DAC project in the world ever achieved is useless https://t.co/5IysyKbWrg

17. Developing an monetary financial system with significantly lower emissions and emissions intensity than the banking system is useless https://t.co/RIiW2jx63R… https://t.co/IGf5oq4Fv9

Arguing that even one of these things is useless, or that Bitcoin does not deliver this promised value would I think be difficult. Though, have a go if you wish.

But arguing that all 17 have are useless (which you'd need to do in order to contend that Bitcoin is useless)? That would require mental gymnastics beyond the level to justify flat-earth theory.

It's rare I see a technology with one benefits akin to the ones above. But to have 17 usecases of such world-changing dimension - that is a once in a generation technology.

[Nihal🌊⚡ @nhlarmaan]

Building Savings and Credit Cooperative Organisations (SACCOs) on Bitcoin! 💥

[Parman BIP110 🔑 Bitcoin Self-Custody Mentor @parman_the]

I was asked by someone if they should wait for the price to drop to $82 k before buying more bitcoin...

[matthew sigel, recovering CFA @matthew_sigel]

Bernstein: "We will keep it simple. Don't fight this - add crypto exposure ASAP. Call us if you need help"

[Felix Mukungu @MukunguFelix]

The #100biz_Ke 🇰🇪 journey continues! Over the weekend, I had the opportunity to onboard three more shops to accept #bitcoin payments, bringing the total to 15/100. To support the challenge, consider donating to our @geyserfund .

https://t.co/jNSbRuWAkF

🧵1/13

[Gichuki Kahome @kahome_steve]

Hard personal finance truths:

1. Most people have an income problem, not an investing problem.

2. You cannot personal finance your way out of poverty.

3. Cutting on your expenses won't make you wealthy. Increasing your income will. There's a limit to how low you can cut, no limit to how much you can earn.

4. It's very hard to save money when you have a low income. More often it's not a lack of discipline but a case of trying too hard with too little.

[George Mack @george__mack]

What is ignored or neglected by the media -- but will be studied by historians?

Here's the full list of 25 examples:

[Nikita Bier @nikitabier]

The best way to stay unemployed is to use the "Open To Work" avatar on LinkedIn.

[Shaan Puri @ShaanVP]

The economy is just smart people paying beautiful people to promote stuff to insecure people.

[Robert Greene @RobertGreene]

It is a curse to have everything go right on your first attempt.

[Robert ₿reedlove @Breedlove22]

Purchasing power stored in a form that cannot be touched by political power is perhaps the single most important form of power a human being can command: #Bitcoin.

[Oliver L. Velez ⚡️ 1%'er Bitcoiner @olvelez007]

#Bitcoin has repeatedly been called a bubble throughout its 14-year history. These statements invariably come from one of two groups of people:

1) Those too ignorant to understand that financial bubbles don't come back once they are burst and if they don't entirely die, they always remain small remnants of their former selves; and

2) Those who are no-coiners who must find a way to justify to themselves why they remain on the outside looking in. In a phrase, the envious.

In many cases, the people who repeatedly spew such unfounded non-sense about #Bitcoin  fall into both categories. They are both ignorant and envious.

Since this "BTC is a bubble narrative," will undoubtedly be back with a vengeance once all-time new highs are achieved again, I thought it might be a good time to go over a brief history of Bitcoin's most prominent runs, which led to it being called the bubble of the century.

Bubble #1
Year 2011: Dollar Parity Day
Top: Feb 14th - $1.06
Bottom: April 5th - $0.67
This was the first time #Bitcoin  was called a bubble. The run started in Jully 2010 and peaked after achieving parity with the U.S. dollar. After crashing, it was deemed dead, never to be of relevance again.

Bubble #2
Year 2011: The Silk Road Run
Top: June 9th - $29.58
Bottom: Nov. 18th - $2.14
This move, starting in June, was truly mega in nature. BTC rallied 300% in a week. It was driven by two main things: 1) several prominent exchanges coming into existence, making BTC easier to buy, and 2) an article that went viral, highlighting the now defunct darkwebsite called Silk Road. After this crash, the pundits were certain, once again. BTC, the bubble of the century, would never be relevant again, just as every bubble before it in financial history died out, only to remain shadows of their former selves. Notice who writes the article below. 👇🏾

https://t.co/BxWABJ6rED

Bubble #3
Year 2013: The Thousandaire
Top: Nov. 29th - $1,127.45
Bottom: Jan. 13th - $172.15
This run in BTC's price achieved a milestone no one ever thought would be possible. BTC broke $1000, confusing the pundits so thoroughly they went totally silent. This silence would be broken once again, after BTC cratered 50% in a month and later drifted for more than a year to lower and lower prices. They were back, calling Bitcoin the bubble of the century that was finally permanently burst. They claimed that this time was the real bubble burst and all the other times were false calls. Nothing could come back from such a devasting collapse. BTC was dead for good.

Bubble #4
Year 2017: The $20k Shot Heard Round The World
Top: Dec. 15th - $19,665.
Bottom: Dec. 15th - $3,164
This was the move that destroyed all the pundits' claims of a bubble to end all bubbles. This is the mega rally that began turning the naysayers into memes. Anyone who was calling BTC a bubble in that past was relentlessly embarrassed and made fun of by all. This was the rally that captured the attention and imaginations of all people, governments, and organizations around the globe. It is this move that caused the big money to pay attention and start getting involved.

After a sudden 25% drop, which would expand to destroy all who got in near $20k, hoping for quick riches, the pundits were once again emboldened. They began playing the same broken record. "We were wrong countless times before when calling BTC the bubble of the century, but this time, we won't be wrong. It's truly, truly, truly, TRULY, the bubble of the century now. Nothing in history has ever run this far, fallen over 70%, and come back. BTC is finished." 🤦🏾‍♂️

https://t.co/f3A7L4BkFi

Bubble #5
Year 2021: The Institutional Adoption Run
Top: Nov. 7th - $68,998
Bottom: Nov. 21st - $15,474
The run was fueled by the constant news of large institutions adopting Bitcoin. This perhaps was the run-up responsible for a portion of the pundits to go completely silent, never to return again. I guess at some point embarrassment has to kick in.

Next??? 🙏🏽

[Anthony Pompliano 🌪 @APompliano]

This may be the most insane drone footage I have ever seen 🤯