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MT @nytimesbits: Rise of #bitcoin seems too good to be true; people aren't used to currency rising in value -- lfb.org/today/what-bitcoin-i… #money
Rob retweeted
I don't know a single person who went down the #Bitcoin rabbit hole and decided to come back out.
Rob retweeted
The only more accurate metaphor for human existence I have seen is "They Live", but this gets it done in 2 minutes flat.
Rob retweeted
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!!
Rob retweeted
#Bitcoin is still a tiny fraction of world assets:
BTC
▓ $0.4T
Gold
▓▓▓▓ $11T
S&P 500
▓▓▓▓▓▓▓▓ $36T
Global Equities
▓▓▓▓▓▓▓▓▓▓▓▓▓ $110T
Global Debt
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $300T
Global Real Estate
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $325T
Rob retweeted
#Bitcoin is "Be your own bank"
Not "Use bitcoin at your bank"
Rob retweeted
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 @coryswan
Rob retweeted
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.
Rob retweeted
The City of Mobile, Alabama has approved its first #Bitcoin mining project.💫
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.✨
Rob retweeted
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.
Rob retweeted
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.
Rob retweeted
Here I fixed the Miami @TheBitcoinConf Bull for you guys.
#Bitcoin2022 #bitcoinmiami2022 #bitcoin #testicles #bitcoinbull
Rob retweeted
Bitcoin remains a store-of-value tech for most people in the West, but in extreme inflation environments and conflict zones it’s 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 Ukraine’s military suppliers have been willing to take the donated cryptocurrency directly time.com/6155209/ukraine-cry…
Rob retweeted
Bitcoin is now the only global payment system that won’t discriminate against anyone, regardless of their race, nationality, religion, politics, or actions.
This is going to become incredibly important in the coming decades.
Rob retweeted
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.
Rob retweeted
110TH is:
- the hashrate of one Antminer S19 Pro.
- the hashrate of the entire #Bitcoin network in mid-2013.
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