Rob
@_RobNielsen
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MT @nytimesbits: Rise of #bitcoin seems too good to be true; people aren't used to currency rising in value -- http://t.co/PvmJEqK2Z9
#money
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I don't know a single person who went down the #Bitcoin rabbit hole and decided to come back out.
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The only more accurate metaphor for human existence I have seen is "They Live", but this gets it done in 2 minutes flat.
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Everyday more engines, ASICs, and #bitcoin mines are getting deployed to the oilfield to mitigate waste/flare/vent gas + help O&G producers become more efficient at delivering hydrocarbons downstream profitably. What a time!!
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#Bitcoin is still a tiny fraction of world assets: BTC β $0.4T Gold ββββ $11T S&P 500 ββββββββ $36T Global Equities βββββββββββββ $110T Global Debt ββββββββββββββββ $300T Global Real Estate ββββββββββββββββββ $325T
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Few.
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There has been a ton of confusion over the word "blockchain" and many in legacy finance thinking it is somehow "the invention" that has an amazing future. The best signal from noise short clip I have ever seen is from Swan's very own @coryklippsten
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The global financial system runs on human consensus. That's how we got to where we are now. Using physics/energy (proof of work) to come to consensus is an innovation. It should be explored. Using human opinions (proof of stake) to come to a consensus is to repeat.
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The City of Mobile, Alabama has approved its first #Bitcoin mining project.π« In partnership with crypto infrastructure provider @DLedgerInc, the City's GulfQuest Maritime Museum (pictured) will host 100 Bitmain Antminer S19 miners in a modified, air-cooled shipping container.β¨
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As of today the TOTAL value of all 50+ forks of Bitcoin that were launched over the past 5 years has dropped below 1% of BTC alone. If you come at the king, you'd best not miss.
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Twitter needs 396 million Orange Checks to evolve beyond the limits of 360 thousand Blue Checks. Everyone should have the right to be verified in a few seconds for a few sats without surrendering their privacy.
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Here I fixed the Miami @TheBitcoinConf Bull for you guys. #Bitcoin2022 #bitcoinmiami2022 #bitcoin #testicles #bitcoinbull
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"However vast the darkness, we must supply our own light.β β Stanley Kubrick
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Bitcoin remains a store-of-value tech for most people in the West, but in extreme inflation environments and conflict zones itβs beginning to be adopted as a medium-of-exchange. Hint: in an age of financial surveillance and fiat collapse, this is not the end of this trend
Huge: around 40% of Ukraineβs military suppliers have been willing to take the donated cryptocurrency directly
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Bitcoin is now the only global payment system that wonβt discriminate against anyone, regardless of their race, nationality, religion, politics, or actions. This is going to become incredibly important in the coming decades.
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At least now people should realize why CBDCs are a horrible idea. When you become an enemy of the state, which seems quite easy these days, all your money will be gone. #Bitcoin is the separation of money and state, CBDCs are the complete integration of money and state.
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110TH is: - the hashrate of one Antminer S19 Pro. - the hashrate of the entire #Bitcoin network in mid-2013. π€―
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