βοΈ PROOF OF WORK is like a game of Catan. The more you build, the more you earn. You cooperate and trade with other players as much as you compete. All players end the game with more than they started.
πͺ PROOF OF STAKE is like a game of monopoly. The more you have, the more you get. Eventually one person gets it all and all others must pay rent.
#PoW #Bitcoin
Flix
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Zap sats β‘οΈ
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@npub1y8m8...6cae @npub1y06z...97nl @npub1m2x6...7v3j @npub1vckm...6xhk @Oneslin @npub12l3w...4k5q @npub1rct3...wgfg @Norber @npub1490m...szlt


The "Epstein was Satoshi" FUD going around is the dumbest take possible. Never mind that there is zero evidence for it, just think through it logically.
The fiat money system is perfect for a blackmailer, he only needs to get dirt on the central planner or someone close. A decentralised system with no-one in control is the opposite of what they want.
FOSS is like sunlight to these vampires. Total transparency and total openness is anathema to these dirtbags. Their crimes are comitted in the dark, their evil networks rely on contacts, influence and secrets. Open source and proof of work is the opposite of pull.
Satoshi's anonymity was perfect because it prevented people like these from targeting him, as they have done with so many others.
Don't trust, verify.
People keep asking me about the Bitcoin price, so here's what I think.
First and most important: nobody knows the future. Markets are second order complex systems and anybody trying to make predictions is guaranteed to fail.
Having said that, the law of supply and demand is the best long term predictor in markets. Limited supply and growing demand strongly suggest that the long term trend in Bitcoin will be up. Something very critical would have to change to alter that.
Within that long term trend any further predictions are foolish.
However... if we want to be foolish... I would guess that the 4 year cycle is still in effect. That would weakly imply:
2021 up π
2022 down π
2023 up π
2024 up π
2025 up π
2026 down π
2027 up π
2028 up π
If it is foolish to guess what the price will do next year, it is even more foolish to try to guess how much.
Better to just stay humble and stack sats.
Lot's of room for arbitrage...

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