Thread

Foreseen 21 trillions, pretty good estimate if you ask me. Could have not foreseen the insane brrrrr from Covid

Context, USD M2 is now at 20.8 T If BTC hits 1M and USD M2 is roughly 21T, then 1 sat equals 1cent

… and BTC becomes the new boss in town

You are making me wet Sir.. 🍀

In my dreams, it takes another 7 years

So we have enough time to stack sats :)

Lucky us!

It looks like it. Good thing Satoshi isn't the sole runner of Bitcoin's protocol. I run Bitcoin, because I run a node. If you run one too, then you also run Bitcoin. And if Satoshi is out there somewhere, and running a node, then he runs it, too. But like all the rest of us, he must follow the consensus rules, or else fork off of the network. Satoshi also believed that Bitcoin would scale with a couple huge server-farm nodes running the protocol, mining, and keeping a copy of the whole timechain, while everyone else would just keep a copy of the most recent blocks. He didn't see thatakind if centralization as a problem, so he was wrong about that, too. Bitcoin isn't a Satoshi cult. Satoshi can be wrong, we can point it out, and it's not sacrilege. Satoshi was smart, and we owe him our gratitude for putting the pieces together that were created by Adam Back, Nick Szabo, and others, but he is not God.

But I think that if Satoshi had not disappeared, he would probably have started increasing the size of the blocks since 2013. If Bitcoin today is somewhat contrary to Satoshi's ideals, it is only by chance. I have a neutral stance on the block size war, but I was interested to see that Satoshi's opinion on this matter was to increase the size of the blocks.

by his assumption, hardware should be 10,000x faster now. ASICs may make the processing that much faster, but not everyone has access to that, and we don't have 10,000x storage, memory, memory speed, internet connections, etc.

Yes, Satoshi is wrong, but your calculation is also wrong. In the last 14 years, the speed of processors should have increased 128 times, which has only increased 10 times. Note that ASICs are used to find hash blocks and full nodes must be stored on a personal computer or servers, Satoshi's email was about full nodes.

He spells colour correctly though 😉. The default is always American English so the fact he has changed it at all would imply he is not American or it's more than one person. The first time he says organize is between two times he says colour and the second time says colour is a month later. Seems like it could be more than one person or hes switching computers set up for different types of English.

Yep and he switches some around. Realize realise. I'm American but grew up with the OED at home so I often make mistakes and use -ise or colour. Used to be an issue in school for me because I'd get hit for spelling errors 🤣🤣🤣 Maybe my assumption is biased because of my own experience. 👍

Completely understand losing marks due to spelling was the reason I remember the default is American English 🤣. Especially important after a XP nuclear reset which seemed fairly common compared to todays operating systems.

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Like god, Satoshi moved on to other things. 🙂

Hi, I am among the unfortunate victims of the FTX scam, a situation that has resulted in the loss of my entire savings, totaling around $20,000. The distressing aspect of this ordeal is not just the financial loss but the subsequent actions taken by SBF and Sullivan & Cromwell, the involved debtors. Following the success of their global heist, it appears that, rather than working towards justice for the affected customers, they are prioritizing their own interests, demonstrating a complete disregard for the well-being of those who have suffered. To witness such blatant exploitation of innocent people for personal gain is not only disheartening but also raises concerns about the moral and ethical compass of those involved. Their actions can only be described as mentally and spiritually sick, going beyond mere financial misconduct. The significance of this situation cannot be overstated for me, as the funds lost were an integral part of my financial stability. I am reaching out to you with the hope that you might consider extending a helping hand during this challenging time. Any assistance however small that you could provide to navigate through the complexities of this situation would be immensely appreciated. I believe in the power of collective compassion and the willingness of individuals to make a difference in the lives of those facing adversity. I understand that you may have your own commitments and limitations, but even the smallest gesture can have a meaningful impact. Thank you for taking the time to read my plea, and I sincerely hope that you may find it in your heart to offer assistance during this trying period. Your kindness will not be forgotten, and I am immensely grateful for any support you can provide. Please save me. Lightning Address : appealforassistanceftxscamvictim@geyser.fund BTC : bc1q9vfmfwj6av9pxj50r6xyl652mwhqvw5ds86nw2

Hi, I am among the unfortunate victims of the FTX scam, a situation that has resulted in the loss of my entire savings, totaling around $20,000. The distressing aspect of this ordeal is not just the financial loss but the subsequent actions taken by SBF and Sullivan & Cromwell, the involved debtors. Following the success of their global heist, it appears that, rather than working towards justice for the affected customers, they are prioritizing their own interests, demonstrating a complete disregard for the well-being of those who have suffered. To witness such blatant exploitation of innocent people for personal gain is not only disheartening but also raises concerns about the moral and ethical compass of those involved. Their actions can only be described as mentally and spiritually sick, going beyond mere financial misconduct. The significance of this situation cannot be overstated for me, as the funds lost were an integral part of my financial stability. I am reaching out to you with the hope that you might consider extending a helping hand during this challenging time. Any assistance however small that you could provide to navigate through the complexities of this situation would be immensely appreciated. I believe in the power of collective compassion and the willingness of individuals to make a difference in the lives of those facing adversity. I understand that you may have your own commitments and limitations, but even the smallest gesture can have a meaningful impact. Thank you for taking the time to read my plea, and I sincerely hope that you may find it in your heart to offer assistance during this trying period. Your kindness will not be forgotten, and I am immensely grateful for any support you can provide. Please save me. Lightning Address : appealforassistanceftxscamvictim@geyser.fund BTC : bc1q9vfmfwj6av9pxj50r6xyl652mwhqvw5ds86nw2

Hi, I am among the unfortunate victims of the FTX scam, a situation that has resulted in the loss of my entire savings, totaling around $20,000. The distressing aspect of this ordeal is not just the financial loss but the subsequent actions taken by SBF and Sullivan & Cromwell, the involved debtors. Following the success of their global heist, it appears that, rather than working towards justice for the affected customers, they are prioritizing their own interests, demonstrating a complete disregard for the well-being of those who have suffered. To witness such blatant exploitation of innocent people for personal gain is not only disheartening but also raises concerns about the moral and ethical compass of those involved. Their actions can only be described as mentally and spiritually sick, going beyond mere financial misconduct. The significance of this situation cannot be overstated for me, as the funds lost were an integral part of my financial stability. I am reaching out to you with the hope that you might consider extending a helping hand during this challenging time. Any assistance however small that you could provide to navigate through the complexities of this situation would be immensely appreciated. I believe in the power of collective compassion and the willingness of individuals to make a difference in the lives of those facing adversity. I understand that you may have your own commitments and limitations, but even the smallest gesture can have a meaningful impact. Thank you for taking the time to read my plea, and I sincerely hope that you may find it in your heart to offer assistance during this trying period. Your kindness will not be forgotten, and I am immensely grateful for any support you can provide. Please save me. Lightning Address : appealforassistanceftxscamvictim@geyser.fund BTC : bc1q9vfmfwj6av9pxj50r6xyl652mwhqvw5ds86nw2

“I should have set the initial BTC price higher, it was only 1€ / 1000 BTC in the beginning.” 🤣 🤯

Really amazing to be reading this archive