The ₿itcoin ₿eginner (@EducatingBTC) profile picture

BTC.

Cyberspace
Joined February 2021
Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)Photo by The ₿itcoin ₿eginner (@EducatingBTC)
The ₿itcoin ₿eginner retweeted
The reason Bitcoin survives every savage correction is that 90% of the people holding BTC have already lost faith in every alternative and you can’t scare someone who has nowhere else to go
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The ₿itcoin ₿eginner retweeted
Replying to @macrojack21
This isn't an opinion; it's an indispensable technical fact. If bitcoin doesn't go up in value it can't work because nobody wants to willingly hold a money that drops in value, and even more importantly, we can only increase its liquidity, market cap, scalability and moneyness by increasing its price, since the supply is fixed. At a price of $1 bitcoin is a $20m joke among nerds online, practically useless for everyone as there's no liquidity. At a price of $10m bitcoin is the biggest money on earth, and necessary for everyone. If you want bitcoin to work you need NGU. Virtue-signaling "tech, not price" is as silly as saying you like car technology but don't care if the car moves.
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The ₿itcoin ₿eginner retweeted
Just to point this again - Dacoinminster discovered Bitcoin's price in time in 2013, and this is how close he was to predicting today's price 🤯
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The ₿itcoin ₿eginner retweeted
Why energy is the true currency
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The ₿itcoin ₿eginner retweeted
LEGENDARY FILM DIRECTOR SPIKE LEE RELEASED ONE OF THE MOST POWERFUL #BITCOIN AND CRYPTO ADS EVER "7 MILLION AMERICANS HAVE NO BANK ACCOUNT" "20 MILLION ARE UNDERBANKED" "OLD MONEY IS NOT GOING TO PICK US UP. IT PUTS US DOWN, EXPLOITS AND OPPRESSES" "DO YOUR OWN RESEARCH" TIME TO BUY BTC 🚀
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The ₿itcoin ₿eginner retweeted
So Yanis Varoufakis called bitcoin "a breath-taking solution to as yet undiscovered problems" in 2014 when debating Andreas Antonopoulos. Anyone remember that? Now his movement DiEM25 says a Belgian bank closed its account without warning and won't say why. Tens of thousands of euros in donations LOST. So losing access to a bank account without explanation is one of the problems he said bitcoin had not yet found. Absolute cinema on display here 🚬
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The ₿itcoin ₿eginner retweeted
‘Unbelievable attitude! We’re screwed then!’ Gen Z caller Josh tells @TomSwarbrick1 not only would he ‘take prison’ over being conscripted into the army, he wouldn’t even cook for the troops.
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The ₿itcoin ₿eginner retweeted
The amount of shit you’ll have to sit through before BTC gets to 126K. The chop, the fear, the constant it’s over posts, watching your position round trip and questioning whether you’re completely wrong. Then, when BTC finally reaches 126K, people will call you lucky. They won’t remember the months of doubt or the pressure it took to hold through it. They’ll just say you got lucky. Remember that.
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The ₿itcoin ₿eginner retweeted
Unfortunately 1) The money in the bank isn’t yours 2) The money in the bank isn’t money
BREAKING: 🇵🇾 What just happened in PARAGUAY is a WARNING for everyone on earth. More than 3 million people (60% of Paraguay's adult population) have lost access to EVERYTHING. Their bank accounts. Their pensions. Frozen. Inaccessible. Paraguay’s largest digital bank, Ueno Bank, has collapsed. The president of the Central Bank (who is deeply connected to Ueno) has just RESIGNED. Eight high-level executives including the founder and the Bank President are being detained. The people have taken to the streets to demand their money back. And rightly so. This is the model Milei and the rest of the Epstein class are pushing. This could happen ANYWHERE. Best to save in physical gold and physical silver, imo.
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The ₿itcoin ₿eginner retweeted
REASON NUMBER 1 MILLION THAT I WILL CONTINUE TO ADVOCATE FOR BITCOIN
People in Paraguay protest after their money disappears into thin air 🇵🇾 > Ueno Bank, which held money of 60% of the adult population was shut down by the govt for financial trouble > People lost their life savings and even the govt lost retirement money kept in the bank for elderly > Govt is now promising to reimburse some money to the poor, but the rich will still lose their entire wealth Paraguay has a PCI ~$10k, which some bhosads will claim must make it a paradise 😁
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The ₿itcoin ₿eginner retweeted
joking aside, the socialists coming to power is extremely bullish for bitcoin for 2 reasons: 1 - they are going to print a gazillion amount of dollars, unlike the republicans the socialists don't have to pretend to be "fiscally responsible" 2 - they will go on a assets seizure rampage, and a lot of people are going to learn that bitcoin is the only asset the state cannot touch If you have a lot of your wealth in real estate, stocks, or gold you should start learning about bitcoin now
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The ₿itcoin ₿eginner retweeted
We're ₿ack.
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The ₿itcoin ₿eginner retweeted
The next Bitcoin bull market begins as they all do, in disbelief
First Gradually, Then Suddenly: Why crypto's ultimate meme cuts both ways- and why I believe having a socialist Democratic Party in control will be the best case for Bitcoin open.substack.com/pub/dgt100…
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The ₿itcoin ₿eginner retweeted
THANK FUCKING GOD WE HAVE BITCOIN
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The ₿itcoin ₿eginner retweeted
At River a culture of security and paranoia has been in our DNA since day 1. Often that meant doing things the hard way instead of moving fast. For example, we have always operated our own custody system. This meant doing the work to be a regulated financial institution in our infancy instead of delegating the backend to companies like Prime Trust. We have always worked to minimize reliance on third parties where possible, and as our ability to build software systems accelerates we continue to delete both software and corporate dependencies. We budget a substantial % of our engineering resources every year to tackle tech debt and invest in security hardening. This means moving slower, but having confidence in our foundation and doing right by our clients. I personally give the company security training to every new employee who joins River and we constantly drive a culture of vigilance at the company. We tell every employee at River that their job is to be a security professional. Security isn't a team or a "thing" you do. It's a culture of extreme paranoia and humility - never feeling like you're secure enough and always trying to do better.
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The ₿itcoin ₿eginner retweeted
A gold analyst just made the best case for bitcoin I've heard all year. By accident. His whole thesis: "the beauty of gold is it's not used for anything." Send gold to $1,000,000 and nobody gets hurt. Send corn to $1,000 a bushel and people starve. Send oil there and the economy collapses. A reserve asset has to be useless, because money that doubles as something people need to consume punishes everyone the moment it goes up. He's right. He just stopped one step short. Gold still has day jobs. Jewelry, electronics, dentistry. Bitcoin is used for even less. It was built to be money and nothing else. No industrial demand fighting its monetary demand, nothing to melt down, no factory waiting on the supply. Gold is useless enough to be great money. Bitcoin is useless at everything except being money. Same principle, taken to its logical end. The purest reserve asset isn't the one with the fewest uses. It's the one with none.
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Dave Smith called it
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The ₿itcoin ₿eginner retweeted
Tragic irony of course that the Bitcoin haters get debanked They could have spent the last few years building and spreading unstoppable financial infrastructure but instead they let their ideologies blind them
🔴 URGENT: Our bank has cut us off from our own money. Our bills haven’t stopped. Neither can our work. Help us build an emergency fund to keep DiEM25 going. Even €10 makes a difference. Donate now: i.diem25.org/donations/to/de…
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The ₿itcoin ₿eginner retweeted
No president, no congress, no court, no executive order, no policy, no party, and no election on Earth can change the fact that there will only ever be 21 million bitcoin.
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The ₿itcoin ₿eginner retweeted
This guy said the quiet part out loud and you can feel his anger and disgust… I couldn’t agree more..
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