People who *do* understand bitcoin know that proof of work is important and blockchains are not.
People who *don't* understand bitcoin think that blockchains are important and PoW is not.
They said to get some interests outside of bitcoin.
I said I’m also into philosophy, game theory, network effects, distributed systems, finance, economics, cryptography, computer science and energy. 💥
If you have never used Lightning, please let me be your first. ⚡️
Download Blue Wallet, create a Lightning wallet, then click 'Receive' to create an invoice. Input anywhere from 1 to 1,000 sats. Copy and paste the invoice into the comments of this tweet, and I will pay it.
“Digital scarcity is a one time invention” -@adam3us
There is no second best. Everything that comes after #bitcoin is not scarce.
Killer illustration by @Croesus_BTC
Four ways to spot someone who DOESN'T understand quantum computing or bitcoin:
1. Thinks QC breaks bitcoin's "encryption" (bitcoin doesn’t use encryption...)
2. Obsessively talks about "Satoshi’s coins"
3. Thinks QC can break mining/SHA256
4. Claims QC is an urgent threat 🤦♀️
This month I’m celebrating my 10 year anniversary of becoming a bitcoiner! 🎉
Like many, I sold the majority of my original bitcoin, swayed by the push for spending to “drive adoption.” 🤦♀️
Thankfully today, we know that saving, not spending, is #bitcoin's killer app. #HODL ✊
Imagine your entire net worth hinging upon the integrity of a USB stick, which is quite literally built to fail within years. 😳
And yet that is precisely what so many of you are doing with your multisig wallets.
This is a sign to put your xpubs on steel. 🪧