Jan Wüstenfeld

Issue #3 of Bits of Bitcoin Research is out now. 💡 Covering three topics: 1. Load Balancing and Bitcoin mining 2. Microgrids in Africa 3. Bitcoin as Payments - Bitcoin more than digital Gold? Enjoy the read.

Bits of Bitcoin Research (BBR) - Issue #3

Load Balancing, Microgrids in Africa, Bitcoin as Payments

ECB Research Paper Shows Growing Role of Bitcoin as Safe Haven Asset?👀💥 This and more in Issue #1 of Bits of Bitcoin Research. 💡 You can find the newsletter here: wuestenfeld.eu

Bitcoin has changed the world! The majority of the world just hasn't realized it yet. On October 31, 2008, Satoshi gifted humanity the first and only digital, decentralized, verifiably scarce, global monetary network. A network with a money supply that can't be inflated with a keystroke. A neutral global monetary network where no one can be excluded—not individuals, not countries. Most don't yet grasp Bitcoin's true power and the profound impact it will have on humanity. It will transform how we interact, perceive time, think about energy, and so much more. It's going to turn our world upside down in ways we can't imagine.

If you have to threaten other countries into using your currency for trade you’re not even directly involved in—and overthrow leaders planning to ditch the US dollar—something must be seriously wrong with your currency.

This is why we have to separate money and state. No country should have the power and the monetary privilige to bully other countries into using their currency for trade.

The ECB published "Bitcoin's last stand" exactly two years ago. At that time Bitcoin's price was at $16,749. Currently, Bitcoin's price is trying to break through $100k. I must say, so far I really like how Bitcoin's last stand is going. How about you?

Today is Black Friday: the epitome of debt-fueled consumerism. Peak Fiat. We're bombarded with "deals," pushing us to buy more and consume more, fueling an unsustainable debt-based system. Retailers entice us with discounts to buy unnecessary products. Do you want to treat yourself today? Treat yourself to some Satoshis (fractions of Bitcoin) instead of buying something you don't really need. You'll end up with something lasting—for you and for future generations. Change the world. One Satoshi at a time.

The volatility of #Bitcoin's price at this stage of the monetization process is a feature not a bug. Embrace it. https://image.nostr.build/85b854273643bcff43eecaec2084bf3e66c64b0e437a3ed31c722441a2458207.jpg#m=image%2Fjpeg&dim=1022x1054&blurhash=%7C7S%24ln%25g%3F%5EH%3F%25Mo%7DMw%25gtRo%7Et7Mxofx%5DM%7BaeWBaytlM_V%40%25gRPRPx%5DRPV%3FVsf6tRWBM%7Bt7ozofjt%3Fvt7IAM%7BozkBWBoLofaKWBkWWBWBofoLt7of%25Mt7WBRjV%40oLayfkjaofWBj%40oMozofRjWBj%5BRPV%40tRt7ayj%5BWBWBa%7D&x=fc1928209267f8d20d6a93dac56aa6a4573cc22bc6ae788dd38a072acf692eed

In the realm of Bitcoins's glare, Attacks on Bitcoin, they did dare. Yet through the storm, it did declare, "Honey badger don't care." Forks and threats, they did ensue, But Bitcoin's strength, it did renew. With every challenge it did bear, "Honey badger don't care." Decentralized, it stood tall, Defying doubts, it won't fall. Through every trial, it would declare, "Honey badger don't care."

It's quite astonishing. The increase in the S&P 500 relative to the US dollar money supply M3 has been minimal since 1960. One could make the case that a significant portion of stock performance can be attributed to the debasement of fiat currencies, a broken monetary system.