Covering the peaceful separation of money and state.
Florida
Joined August 2024
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Three dudes with a combined age of 220 just did more for hardware wallet security than ledger's comms team has in five years.
New account, go follow @TheBTCBoomers
The boomers have returned and they are NOT okay.
George threw his Ledger in the trash.
Bob would like everyone to know bitcoin didn't fail. your gadgets did.
Larry wipes his Trezor after every use and is waiting for a deepfake of his kid to call asking for sats.
and to everyone who says self-custody is as easy as driving a car, George has two words.
the second one is idiot.
New channel. same energy. no adult supervision.
full episode out now 👇
Protocol Pulse ⚡ retweeted
George has some choice words for .@Ledger
btw, the boomers moved. this is the account now.
@LawrenceLepard @boomer_btc @Jethroe111
Protocol Pulse ⚡ retweeted
Dolphins are a regular sight at the @FourSeasons Naples Beach Club, but thanks to @TheBitcoinConf you might see some Whales there on January 16 at BitcoinDay Naples.
bitcoinday.io/
Love to see @efenigson get her flowers. Thank you for standing for truth 💯🙏🧡
Live from Naples Bitcoin Meetup: Why the BIP-110 Fork Failed and the New Chain Is Doomed xitter.cf/i/broadcasts/1qKDzWpmN…
The Amish might be the ultimate Bitcoin UX test.
No smartphone. Limited internet. Limited electricity.
Yet their whole ethos is basically ours… minimize dependence, own your shit, build within your community, don’t let modern systems run/ruin your life.
So serious question:
How do we make Bitcoin work for the Amish?
The Amish in New York are facing massive fines over Democrats vaccine mandates. Amish families will likely have to flee the state after losing the religious exemption they’ve had for decades
Amish private schools are being hit with crushing fines for not having students vaccinated
The fines are roughly $2,000 per noncompliant children, multiplied by the number of school days
3 small schools were sited, of the 59 children already cited, one more day of attendance brought the total fines to $118,000, they say they can’t pay it
New York Democrats position is that every day an unvaccinated child attends school there will be a fresh violation worth up to $2,000
jack mallers, mallered out of twenty one and struck back to strike
lyn alden, all done with hopium, from nothing stops this train, to if it dies it dies
brian armstrong, armed Coinbase for the institutions
cz, zhao'd four months in federal custody into a presidential pardon
robert breedlove, bred love for sound money, still can't answer what is money in under three hours
jack kruse, cruised past bitcoin and straight into the sun
samson mow, mowed down bip-110
cathie wood, wood'nt sell the innovation thesis then sold forty million of her own bitcoin etf
larry fink, finked bitcoin..
This is kind of fun could do this all day
Protocol Pulse ⚡ retweeted
"I don't wish ill upon anybody...
but I think what they did was wrong"
Bob Burnett, executive chairman of Ocean
premiere in ~1 hour
Seventeen years later, Bitcoin has apparently failed because it became a boring store of value.
Read that sentence again.
There are fair criticisms of Bitcoin. The UX can still be awful. Self custody can be intimidating. Entropy is a new word that we all know now thanks to Coldcard. But dismissing criticism from a billionaire tech bro because you don’t like the messenger is lazy. Maybe he’s right. So let’s take the argument seriously.
So.. dead cat bounce he says.. bring it.
Price action isn’t some slam dunk on Bitcoin’s monetary properties. The price can fall without changing the supply cap, without changing its permissionless settlement, or your ability to hold the asset without an intermediary. Pretty useful, regardless of dollar denominated value.
And “boring store of value” is supposed to be the gotcha.. cool story.
A monetary asset becoming boring and treated as something worth holding is not the own you think it is.
It’s about the least embarrassing feature actually.
Yeah institutions changed the ethos. We HATE THAT. Us punks got Bloomberg. Some of the Saylor memes should probably be prosecuted.
None of that changed the protocol.
The CD/DVD analogy is not even clever, it has a hole big enough to drive a cyber truck through.
Spotify replaced CDs by doing the same job better. Netflix did the same to DVDs.
So show me Bitcoin’s Spotify. Don’t say XRP. It’ll make us lol.
Show me the replacement that gives you scarce digital property, bearer ownership, global settlement, no issuer, and no one who can decide on Monday morning that there should suddenly be twice as much of it.
Maybe that replacement eventually exists. Nothing gets a permanent crown. That title needs to be earned and defended, constantly. No one knows that better than the Bip-110 crowd. Speaking of … goes to show we’re not all orange koolaid sipping koombaja singing cultist afterall. Yes there will be disagreements. Yes things can get ugly. This is a feature, not a bug.
But you can’t call something the CD before anyone has invented Spotify.
And calling Bitcoin boring….
For money, boring might be the nicest thing anyone’s said about it.
P.S.
People keep vinyl for the memories. People are keeping this for their grandkids.
The dead cat continues to bounce.
What is Bitcoin, 17 years later?
It’s not great for transactions or smart contracts; the user experience is still intimidating for most, and it’s no longer capturing the public’s imagination.
If it comes up at the dinner party, it's followed by a hearty “remember that!”
It’s a boring store of value, trusted as that—which is its biggest value.
It's boring.
Folks expect bitcoin to be stable and that it’s no longer a way to get rich quick.
Institutions embracing and accumulating it took $btc from punk rock to Muzak.
Advocates went from pirates to suits in orange ties, awkwardly sharing cringe memes — just like the cool kids do!
If Bitcoin were going to reach mass adoption and an important use case, it does better than anyone else, it would have by now.
Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix — a bridge technology that folks who invested in “their collection” keep saying is the better experience.
Perhaps bitcoin is vinyl, cool memories and fun to drag out and put on display, but a technology that served us to get to where we are now.
The fact that Lawrence Lepard came out of this elitist cesspool the man he is says a lot
We’re lucky to have that dude on our side
Protocol Pulse ⚡ retweeted
George finally joined the Boomers.
Then immediately left to go elk hunting.
Bitcoin decoupled from the Nasdaq. Nobody noticed.
Half the miners are underwater. Bob has the receipts.
Bessent needs a bigger boat.
And to everyone still waiting for 40k, Larry has two words.
new bitcoin boomers ep
Protocol Pulse ⚡ retweeted
Bob called BIP110 “a cluster.”
George said when you lose a battle, you don’t go home like a crybaby.
Then came the awkward question:
how does bitcoin actually agree when it needs to change?
Very decentralized.
Very unresolved.
New episode out now
Bitcoin lore is so stupid lmao
April 5, 1933: FDR orders Americans to hand over their gold.
1975: Americans can legally own gold again.
Satoshi needs a birthday for his online forum profile.
He chooses: April 5, 1975.
lol.
Then he launches Bitcoin.
The first block embeds that day’s newspaper headline:
“Chancellor on brink of second bailout for banks”
So a timestamp (proving no pre-mine) and a shot at the monetary system.
Then you get to the 21 million cap.
Except there isn’t.
It’s actually 20,999,999.9769.
Ok close enough.
It’s 50 BTC per block.
Every 210,000 blocks, cut it in half.
50 - 25 - 12.5 - 6.25 - 3.125 and so on.
Keep doing that until the computer literally rounds the subsidy down to zero.
That’s the monetary policy.
No committee.
Just math.
Every 2,016 blocks Bitcoin also checks how fast miners have been finding blocks and recalibrates the difficulty toward its 10 min target.
Nobody runs that either.
game theory is baked in. miners compete for rewards, difficulty automatically adjusts to their combined hashpower.
In English: more miners show up, Bitcoin makes the winning hash harder to find, basically adding even more leading zeros.
No founder allocation.
No company.
No CEO.
Satoshi built it, handed it to the world, disappeared.
Anyway, the dollar is melting.
Protocol Pulse ⚡ retweeted
The treasury said "whatever it takes"
Bitcoin did 22% that week.
Probably nothing.
Protocol Pulse ⚡ retweeted
As some of you may be aware, we will likely be importing more cheap foreign beef in order to cut the cost at the grocery store for the consumers-this is likely a midterm election strategy as people don’t vote for incumbents when food is too expensive
The down stream effect of this is that it will likely cause many American ranchers to go out of business unless additional help is sent their way
In the mean time, if you can afford to do so, please buy directly from ranchers if you can-it might be the difference between them going out of business or surviving to keep on doing what they do the best in the world, producing high quality beef!
Share this if you’d be so kind!
Bitcoin boomers woke up and chose violence. 😂
