Runy Calmera

Runy Calmera's avatar
Runy Calmera
runycalmera@primal.net
npub1se5v...ktfz
Macro economist, Trainer, Investor, Bitcoiner Host Island Wealth Creating wealth for islands with Bitcoin, stocks and luxurious villas
Proof of Work can be simple. Just move some stones from the red dot to a green dot on a piece of paper. This is what we did in Lesson 6 of the My First Bitcoin certificate. #Proof of Work. BTC Curaçao Institute
The Byzantine Generals dillema I did not understand it, until I had to do it. With my students of the My First Bitcoin we did an exercise of attacking a Castle last Saturday. We attached and we failed. Because there were "traitors". Messages were passed to NOT attack, while, I, the King of Kura Piedra (this is Stone Fence) have said we should attack together at dawn. I created this exercise for Lesson 6 of the My First Bitcoin certificate. I consulted with my mentor Huxley and with my AI, Ava. Here you will see the whole script and the whole activity, that you can play with your family and with your children. 📝.docx Because My First Bitcoin is open source. We try to share our knowledge amongst all the educational nodes in the world. So BTC Curacao Institute, the Peter Kroll family, sponsors this event in our beautiful Orange House at Eden Mall. And then, we added Proof of Work. Simply moving 3 stones from a red dot to a green dot. Putting the messages on the ledger so everybody can see them. And the longest chain wins. So we all attacked. Successfully. No trust. No cheating. Consensus. From the rules and the Proof of Work, consensus is born. Now I understood it. Try it yourself. With your family. image Attack at Dawn Runy Calmera BTC Curacao Institute #MyFirstBitcoin #MiPrimerBitcoin @My First Bitcoin @Huxley @Arnold Hubach
Students bidding an a car during lesson 5 of the My First Bitcoin Certificate. They experienced the Cantillon effect: what happens with the price and the money when you give one student 2000 USD in fake money while allother students have only USD 15 to bid on an object. Runy My First Bitcoin
You are now a Cypherpunk I said to one of my students during the lesson 5 of My First Bitcoin certificate. Welcome. If you could code you would now start creating sound money, Bitcoin. He was critical. He was maybe even furious!! He said this is a scam! All emotions. I die not expect this when I prepared the lesson! It was about the problems that Bitcoin solves. By lesson 5 this student learned: - that the USA created 4 trillion USD in kust 1-2 years. 40% more fiat currency - he saw the M2 money supy go steep upwards - he saw how many fiat money is created and the debt as percenatage of income of countries like USA, Japan, UK, Singapore. - the ranking of the most indepted countries in the world And he saw the website of WTF happened in 1971. The question: what is money pondered in his mind. What is hard money? What is cbdc? Are you saying they can link cbdc to my travel? To my social score? Is that why you showed me to use keet.io the peer to peer chat? nostr? But, but? A new Cypherpunk was born. If he could code he would have put all that energy, all that new insight into coding decentralized money. I realized that by lesson 5 of the My First Bitcoin, you can not unsee what you have seen!! He saw that just by adding some monopoly money to my friends - I played the Kura Piedra Bank again - and gave some extra 2000 USD fake money to my friend to show the Cantillion effect, while all other students had only 15 USD, that the bid of the Porsche went to straight 500 USD! Nobody could outbit my friend! My friemd was just one of the students. This exercise showed them, and the new Cypherpunk, that suddenly, the value of the fiat money you have is decreased when there is more fiat money created. This exercise of the My First Bitcoin program show exactly how it works. Thanla to Family Peter Kroll of the BTC Curaçao Institute for sponsoring this program. @myfirstbitcoin @miprimerbitcoin #ProofofWoek @Arnold Hubach @Huxley
Global debt is 3 times global income. As an extention of lesson 4 of the My First Bitcoin 10 week certificate on the Fiat system lets look at global debt. You will learn more about how debt works. Not only through a bank like Kura Piedra Bank we showed last week but now globally: all thevdebt of the eorld. In this episode a lecture of professon Wolff on how it works. Runy Island Wealth