Tomer Strolight
@TomerStrolight
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Following
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1,041
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17,923
Bitcoin. Editor-in-chief, . Humbled.
Taking the high road.
Joined May 2012
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Pinned Tweet
npub1mz704n7dsaw3jcj3kr5le45n97tqughyt5lxe3yv3xy3025hv3dsp5tl8g
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BREAKING: Bitcoin cases continue to rise exponentially. Segwit variant now most common. Experts warn new Taproot variant will rise exponentially in coming years: "There is simply no way to stop it!"
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JUST IN: Bitcoin continues to operate flawlessly with no leaders, no employees, no head office, no board of directors, no regulating body, no accountants, no lawyers, no debt, and no masters.
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#Bitcoin
market cap: $353 bn
Employees: 0
CEO: none
Marketing budget: $0
Hours of operation: always running
Location(s): everywhere
Incorporated under the laws of: nobody - its code is its law
Conclusion: it’s not like anything you’ve ever seen before
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BREAKING:
#Bitcoin
announces no layoffs and no budget reductions. Headcount to remain at zero. Expenses also to remain at zero. No spokesperson was available for comment.
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BREAKING: Bitcoin CEO will not announce a recovery plan. Hang tight.
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Who is Satoshi Nakamoto?
He is the man who said he would restart the motor of the world - and did.
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In Hindsight, It Was Inevitable. A thread:
1. When they put all the gold in Fort Knox, the gold standard failed.
In hindsight, it was inevitable.
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V for Vendetta is based on the ridiculous premise that a virus outbreak would lead to a totalitarian regime oppressing the population while telling them it was for their own good. Oh, and the govt engineered the virus to make it even more preposterous.
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Coming soon, on the 13th birthday of the Bitcoin white paper, the first movie project I've worked on for
#Bitcoin
will be released. Stay tuned.
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1/13
We may be headed soon into a major “moment of truth” for the “crypto” space. It is inevitable eventually. But it may come very soon.
For years, people have warned, regarding Bitcoin and Crypto, “The government will stop it.”
Bitcoin has taken this warning very seriously.
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Friend: So what's your exit plan from Bitcoin?
Me: I don't plan to exit Bitcoin. I want to exit corruption, dishonesty, and fraud. Bitcoin is how I exit all those. Bitcoin is my exit plan.
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They changed the dictionary definition of vaccine.
They changed the dictionary definition of anti-vaxer.
They keep changing the clinical definition of being vaccinated.
Newspeak.
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There's 139 million houses in America alone.
There will only ever be 21 million
#bitcoin
.
One bitcoin costs less than one house.
Run the numbers. Do the math.
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The single best financial advice I ever received and listened to in my life wasn’t even spelled correctly and was only four letters long.
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Not borrowing from future generations. In borrowing there is consent. Without consent it’s called stealing. And people who steal are called crooks.
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The FTX Token (FTT) was/is an ERC20 token on the Ethereum blockchain.
It’s clear to anyone who cares to look that FTT is a worthless fraud.
The same happens to be true of all ERC20 tokens I’ve looked at.
What does this imply about the value of Ethereum?
Right answers only.
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Just a warning about
#Bitcoin
's Lightning Network. Although LN payments take only a couple of seconds, you usually need at least one minute to discuss with the counterparty how fucking awesome Lightning is. Budget your time accordingly.
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Just published: "The Problem with Ethereum"
"Ethereum is not a decentralized peer-to-peer system. It is a system with an unaccountable ruling class exploiting the working class, making promises they can’t keep, while spinning a wonderful narrative"
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Lots of plebs seem very interested in
#Bitcoin
but don’t understand enough about how it works.
They don’t understand what hash functions do, what hash pointers are, and how PoW is related to hashing.
I’m tempted to put together a 4 hour live course on this & more.
Interested?
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@hodlonaut
We all won. Except Craig Wright. He lost. He lied and he lost. He's a lying loser. A losing liar.
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BREAKING: Bitcoin CEO announces massive 50% supply issuance tapering to take effect at block 840,000; did not return multiple requests for comments.
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Ethereum Classic has flippened Bitcoin Cash.
Nobody cares.
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Steve Jobs made a dent in the universe.
Satoshi Nakamoto punched a hole clear through.
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You can’t print more food,
You can’t print more houses
You can’t print more energy,
And you can’t print more
#bitcoin
.
Each requires work to create. Each is proof of work.
(You can print jpegs, digital tokens, and metaverse assets with no work - so they’re worthless)
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If you think
#Bitcoin
is a cryptocurrency in the crypto space, I ask that you consider this alternate hypothesis:
Bitcoin is the only legitimate digital asset, in a class all its own, and all other “cryptos” are flawed imitations.
Here’s some thoughts to get you started:
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.
@LynAldenContact
provides a deep and incredibly intelligent analysis of the Lightning Network here.
A Look At the Lightning Network
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@PeterSchiff
Looks like you need a censorship-resistant and permissionless way to store your money in the future.
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There are 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 possible
#Bitcoin
addresses.
Here is the complete list of those which can no longer transact due to government orders:
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This is my rifle
This is my node
This one's for fighting
This one runs code
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You can👀
#Bitcoin
from many lenses:
@dergigi
a computer scientist
@saylor
an engineer & CEO
@JeffBooth
an entrepreneur
@JasonPLowery
a military strategist
@knutsvanholm
a philosopher
@LynAldenContact
an economist
@adam3us
a cryptographer
and many more.
All conclude it's AWESOME!
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Bitcoiners want to be farmers, shepherds, ranchers, parents, builders, scientists, philosophers, entrepreneurs, artists, lovers and friends.
We'd rather not be economists, investors, politicians or bankers. So we're building a system that reduces or eliminates the need for these.
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BREAKING: 8,641,954 ETH ($32 billion) trapped in single largest Ethereum contract and unable to be sent or spent. Will require hard fork that hasn't been written or specified yet. Timing and terms of hard fork still unknown.
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Imagine if you could fine politicians $2,500 for misinformation. The national debt would be paid for in one election cycle.
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How to stop falling for crypto scams:
1. Buy only Bitcoin
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Take your coins off the exchanges, stop staring at the prices, read books, spend time with your families, go for walks, eat natural foods, meditate, tell people you love them.
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#Bitcoin
is not about making money investing. It’s about fixing the problems in the world that can’t be fixed by voting, writing letters or signing petitions. It’s hard work, important work, intellectual work. We do it because we love our families and humankind.
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Nobody broke Bitcoin.
Only a week ago, median fees were over 500 sats/VByte. They're now under 25, and appear to still be falling.
Those who tried to break bitcoin, or use it for something it's not suited for, however, are themselves more likely to be broke.
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Someone sending 69,420 sats to El Salvador
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A personal announcement thread 🧵:
For 8 years I have wanted to find work in
#Bitcoin
.
I have specifically not wanted to work in “crypto” where my efforts would be used to sell products I did not believe in.
1/10
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Meanwhile, in
#Bitcoin
, the mempool is clear, fees are under five cents a transaction, lightning network is operating fine making fees about 1/30th of a penny per transaction, 44 countries’ central bankers are downloading wallets for it, …
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"Sorry we wiped out your savings with inflation," say the central bankers. "We'll fix it by destroying your investments, your real estate, and your job. You're welcome."
#Bitcoin
fixes this.
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Buying a bank with made up money because it didn’t have enough made up money. Does that make sense?
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A quick comparison of
#Bitcoin
and Central Bank Digital Currencies:
1. Bitcoin is DECENTRALIZED, the first C in CBDCs stands for CENTRAL.
2. Bitcoin has no banks. The B in CBDCs stands for BANK.
👇
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Proof of Stake is the "Big Lie" in crypto. The idea of creating money with no work yet trading it for the actual work of others is what scamming or swindling are.
Fiat has been the big swindle for 50 years. Now swindlers see a new way to swindle with PoS.
Stakers are scammers.
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#Bitcoin
doesn't use energy. It exchanges energy. Bitcoin is a medium of energy exchange.
Few
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I've just published a piece about how and why Bitcoin activates a journey of spiritual awakening and self-discovery for so many people.
It's titled "The Legendary Treasure of Satoshi Nakamoto"
It's a sit-back-and-take-your-time-with-it read.
Enjoy.
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Proof of stake is a prank. Don't fall for it. It's based completely on trust.
A proper name for it would be proof of wealth. It's shared authority over the state of the ledger for proving you're wealthy.
We already have such a system.
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The parasite looks at
#Bitcoin
and sees “this won’t let me leech off others.”
So he screams “Bitcoin is dangerous!”
There is some truth in that. It is dangerous - to his parasitic lifestyle.
For the rest of us it is anti-parasite medicine. We don’t want our lifeblood drained.
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Anything gold can do Bitcoin does better. Bitcoin does everything better than gold.
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It took about 1 hour after Craig first claimed to be Satoshi for us to determine he wasn’t, using Bitcoin itself. “If he was, he would have signed. He didn’t, so he isn’t.”
Compare that to how much energy and time is wasted on judges, lawyers and experts working outside Bitcoin.
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I’ve studied
#Bitcoin
very very closely.
I’m really quite impressed.
And humbled.
And inspired.
And reenergized.
And hopeful.
And confident.
And happy.
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I survived the great bear market of March 15, 2024.
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BREAKING: Trudeau baffled to learn that tow trucks ARE trucks.
Tow trucks called in to remove protestors are joining the protest. 🇨🇦
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Understand the relationship between different stores of energy, and the tools to access them.
By
@SpecialAf
@directorHodl
@hurleyburt
narrated by
@HillebrandMax
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When sat/dollar parity hits, I won't say anything, but there will be signs.
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Public schools don’t teach you about money for the same reason Coinbase doesn’t teach you about
#Bitcoin
.
They don’t want you to know the truth.
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If you can’t figure out the use case, you are the use case.
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@APompliano
Yellen: “I was wrong, setting your house of fire with a flame thrower turned out to burn it down. I had no idea that that would happen. Even once it was on fire I kept the flame thrower pointed at it for years.”
Pomp: “I respect that.”
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6. When people became aware of the corruption of fiat and the integrity of
#Bitcoin
, they began to accumulate Bitcoin.
In hindsight, it was inevitable.
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If you’ve only watched it once, watch it again.
If you haven’t shared it, what are you waiting for?
Bitcoin Is Generational Wealth
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3. When they unaccountably printed trillions of dollars, those close to the money spigot got wildly rich, while those who worked hard for a living remained poor.
In hindsight, it was inevitable.
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MicroStrategy will be buying over 10,000 bitcoin with their newly raised $700 million. They’re probably doing it right now.
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Hello inflation, my name is Tomer Strolight. You killed my savings. Prepare to die.
#BitcoinIsForEveryone
#Canada
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Natalie is such a better spokesperson for
#Bitcoin
on MSM news than, well, just about anyone. Articulate, confident, clear, able to get a lot in in seconds, and a true bitcoiner.
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Ethereum is 87% captured by the state (and rising). Absolutely no reason to use a blockchain and no reason to expect that any smart contract will run if govts just say “stop.”
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I have after all this time found a flock where I am neither a black sheep nor not an ugly duckling - I am, proudly, a black swan.
10/10
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9. When mankind explored the solar system, they took
#Bitcoin
with them.
In hindsight, it was inevitable.
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The US dollar is simply too volatile and unstable to be used as a currency.
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2/
Bitcoin has done everything conceivable to be unstoppable.
It has avoided violating laws that would jeopardize its users.
It has remained leaderless, employee-less, unfunded, disorganized, permission-less, and headquarters-less.
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Politicians: Trust me
Bureaucrats: Trust us
Shitcoiners: Trust me
NGOs: Trust us
Bitcoiners: Don’t trust. Verify
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HOT TRADING TIP: anyone who could actually predict tops and bottoms would be wildly rich and wouldn’t need to sell you a trading newsletter
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2. When they allowed governments to conjure money out of thin air, governments conjured it without accountability.
In hindsight, it was inevitable.
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Devices that use electricity to generate heat but don’t do so through through trying to discover new
#Bitcoin
blocks are the ones wasting energy.
Few.
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Paradoxically,
#Bitcoin
is certain to become the world’s most trusted brand, because it is trustless.
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Bitcoin is as much a cult today as was the group of people trying to get everyone to use the internet back in the 1990s or those intoxicated by the crazy potential future uses of electricity in the 1890s.
Build on bitcoin. Share it. Explain it. Onboard others. The future awaits.
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5. When people looking for a new kind of money turned to math and computers, they created a system out of the reach of corrupt officials.
In hindsight, it was inevitable.
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“Paper”
#bitcoin
is an attack on Bitcoin. If you hold paper bitcoin, convert it to real, self-custodied bitcoin, mostly for your own sake, but also for the sake of Bitcoin.
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