Homo Bitcoinicus
@HomoBitcoinicus
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“Uhh, crypto, blockchains, smart contracts, tokenization, stuff is real” - Jamie Dimon We’re supposed to believe this guy runs the largest bank in the world, and he sounds like a complete buffoon every time he opens his mouth 😂
JUST IN: JP Morgan CEO Jamie Dimon admits he was wrong and crypto is “Real.”
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“HAPPY UPTOBER my beautiful Bitcoiners!! Are you having fun with your Bitcoins or whatever you’re playing with?? Remember I SAVED your industry! I MADE BITCOIN GREAT AGAIN, and now it’s BIGGER and BETTER than ever before, YUGE!!” - DJT 🤣🤣🤣🤣
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1/ why Quantum is BULLSHIT "paving a path towards potential future" like saying: 'Working towards possibility of maybe a thing that might one day be a breakthrough if a breakthrough were to maybe occur' Here I assemble just 2005 to 2015 annual headlines or this BULLSHIT
New breakthrough quantum algorithm published in @Nature today: Our Willow chip has achieved the first-ever verifiable quantum advantage. Willow ran the algorithm - which we’ve named Quantum Echoes - 13,000x faster than the best classical algorithm on one of the world's fastest
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Still no Strategic Bitcoin Reserve. But hey, they just gave you a Strategic Argentine Peso Reserve, and maybe next you’ll get a Strategic Quantum Shitco Reserve 😂
THERE IT IS! BREAKING: The Trump Administration is currently in talks to take stakes in "several" quantum computing companies. This includes IONQ, Rigetti Computing, and D-Wave Quantum, according to WSJ. The headline that we've all been waiting for has arrived.
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Steak N Shake is fiat food. Accepting BTC for payments is cool, but you don’t have to waste your money on garbage. Support locally owned small restaurant businesses that serve real food, offer to pay them in BTC if you want.
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The cost of living had begun to spiral out of control. What was to be done? Casting around, people found a life raft: shares. Every day the entire population studied the stock market listings. Sometimes some shares collapsed and thousands of people hurtled toward the abyss. In
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AI may increase the supply of almost everything, causing a general retail deflation. Banks, whether run by AIs or not, will increase the supply of fiat currencies. And I can imagine robot mining equipment increasing the supply of gold. Bitcoin is another matter.
Gold and bitcoin is acting like we’re about to enter into a period of hyperinflation—but no one realizes that AI is deflationary.
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Called it! 😂
@Pledditor You can settle a case while maintaining your innocence under U.S law. I’m sure his lawyers explained that to him, but he’s an idiot and he can’t resist the opportunity to get attention for playing the victim.
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As a (hopefully) temporary measure, run Knots. I strongly recommend not upgrading to Core v30. https://t.co/d9HFi7T59H
@LeeroyBitcoins @phyrooo @lorandimecs @Excellion @_jonasschnelli_ @Shireh0dl @adam3us It's a very well-publicized increase in the OP_RETURN allowance that very publicly invites more non-financial data onto Bitcoin. Even though apps can already put data in other parts of Bitcoin, this increase sends a signal inviting more such data. Without adding safeguards to
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90% of the quantum computing “Industry” today is pure hype and/or outright fraud. IF quantum is EVER a threat to BTC, by that point it’ll be over $100 million a coin.
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Bitcoin didn’t succeed because of code. It succeeded because of design. Satoshi wasn’t a great programmer. His C++ was clunky and criticized, but that never mattered. The genius was in the incentive structures that keep the system in balance: miners securing for rewards, users
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Beyond ETH Saylor perfectly describing why “core devs” make BTC a security
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Last week: “Luke Dashjr bAd! iS tHiS wHo YoU wAnT mAiNtAiNiNg BiTcOiN?!?!” This week: “WhY aRe yOu CaNcELLiNg gLoRiA?!?!”
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Great takedown of the latest propaganda hit piece against Luke Dashjr, from Udi of all people. Credit where credit is due 👍
i read the luke dashjr hit piece. it's wrong. basically the entire article is wrong. i'm (obviously) not on luke's side, but guys this is just a sloppy low quality propaganda piece. first of all: sharing private messages is not cool. for many obvious ethical reasons. but one
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Bitcoin's security is INDEPENDENT of mining profitability, which puts to bed any "tail emission" arguments. In this smol rant, I'll explain why mining profitability doesn't change Bitcoin's Timechain security... I'm going to call it the ParmAdjustment ™ because why not?
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If there is disagreement, the side that is pushing for a change to Bitcoin (or else), is the side that's wrong. Bitcoin Core, hello ™
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here's an implication of the insight around deflation alluded to in the quote tweet that is relatively easy to wrap your head around (the core is a bit more involved and we are tinkering with how to present it): take as your starting assumption that you do in fact need inflation
had what I think is a pretty important insight about deflation on the plane. stay tuned for a new article with @sacha_meyers in the next 3-48 months 👍
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Stablecoins are the epitome of “crypto”, copy the fiat system & add a veneer of innovation to evade regulators. This is why the genius act is retarded, it misses the point. It’s fiat money outside the system, this act brings it inside the system to level the field for big banks.
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