SEPTEMBER 11
The smell is still in my nose.
Twenty-five years later, if I think about it, I can still smell the electrical and chemical fire smoke from that morning.
Farida Nabourema explains how Africa is leading the world in Bitcoin adoption:
"Currencies have depreciated by even more than 200%... People end up losing their savings because the value of their currency keeps going down. So they use Bitcoin as an alternative to protect their money from the continuous depreciation of their national currency."
"More than $17 billion are lost in remittance fees in Africa every year... In Africa, it can go as high as 16%. So Bitcoin allows people to keep more value for their money when they are trading across countries because our banking systems are built on a colonial model, and it's a very opaque model and a very costly one."
@mattkratter Does this project prevent itself from miner consolidation (capture) If so, how?
If no, could it not be captured by the same big miners? In even less time then played out for Bitcoin?
Does this project prevent spam?
A full-page Bitcoin ad in today’s WSJ:
“The fringe phase is officially over.”
It argues that 1 in 4 Americans owns bitcoin, that it secures $1.25 trillion in wealth, powered the most successful ETF launch in history, and is now held on corporate and government balance sheets.
People call Saylor a bad trader.
But they've told you the opposite for years:
We're accumulators.
We don't speculate on price when we know it's going to a million.
@Werkman $MSTR $BTC
Like many, I've barely slept since the Coldcard incident. My mind has been racing on how to stop this from ever happening again.
I believe I've come up with a novel wallet design that solves Bitcoin's self-custody trilemma.
Live on mainnet.
Writeup: https://t.co/w1nF4WWXi2