THIS IS ABSOLUTELY HUGE! Wild times! We're entering to the next phase of the game. One of the most important squares on the chessboard is no longer protected by the queen. Time to castle. #bitcoin is the King
#bitcoin unfucks everything
Nostr is alive and kickin' on Dev Hack Day in Prague. #btcprague #bitcoin #nostr image
Gary must feel like a proper little bitch these days. The only thing he can actually choose is which side of the pineapple to shove up his ass first. He's clearly not the one in control. :) #PineappleJustice #bitcoin image
3 stages of shitcoin support: 1. Implement shitcoinX => short term profit from shitcoinersX 2. No more shitcoiners inflow because it's already old & boring. 3. Keep spending $ for maintenance & support of shitcoinX. Will profit from #1 outweigh expenses from #3? And for how long? Of course, you can drop the support and clean the codebase while still in the profit. Or let rot in your application something nobody no longer uses => making your UI/UX shitty. The first feels like screwing over your shitcoinX customers. The latter screws over your product. I don't know but it kind of feels like high-time preference fiat bullshit strategy without a winning scenario. But hey, it's just me. What do I know... #bitcoin
If ordinals are just about voluntarily looking at #bitcoinβ€―blockchain through retarded glasses, then one could argue services following OFAC censorship are (maybe not so much) voluntarily putting on oppressive glasses.
World is changing... There are only two certainties in life. Death and miners' fee. #bitcoin
Take whatever daily item - car, screwdriver, maple syrup, firewood, etc. Look at the current price and convert it to how many eggs πŸ₯š you'd get for it. Then look at the price in the past and convert it to eggs (based on egg price back then) You'll find out we live in a pretty nice technological deflation. You just need to measure the value in whatever, just not that shitty fiat. True story. #bitcoin
Nation states are desperately trying to hold on to their evaporating control over money and yet block after block new free money is created, exchanged for goods & services, and used to store our energy. We're heading into the storm. Can't help it, but I feel kind of like lieutenant Dan... image #bitcoin
So I did some math... You can buy in my country brand new mid-class car for about $25000. You can also buy around 100 000 eggs for the same price. 1 car = 100k eggs. In 1998 it would cost around $15000. But 191 000 eggs. πŸ₯š This suggests that technological deflation in past 26 years measured using my patented highly accurate egg-technique is around 48%. For mid/high end laptop which costs around $1800 it is equivalent to around 1000 loafs of bread. 🍞 But again in 1998 it was 3600$ and around 5300 loafs of bread. Technological deflation of laptops measured in loafs of bread in the past 26 years is staggering 81%. Let's verify it! I can buy 1 loaf of bread for the same price as 8 eggs. (🍞 = 8πŸ₯š) In 1998, it was surprisingly similar! (🍞=8.2πŸ₯š) Conclusion: To measure technological deflation using egg-bread technique is not the most accurate. But it's funnily interesting. Price of stuff remains very similar relative to each other. Some are cheaper thanks to technological advances. Just our money ($ € Β₯ Β£) are utterly useless crap to be used as a measuring stick. Let's measure it in #bitcoin. We'll be living happier lives... 🧑