#Bitcoin: A 70-Year Journey • Cryptography - 1940 • Public Key Encryption - 1981 • Digital Currency - 1983 • Proof of Work - 1992 • Smart Contracts - 1997 • P2P Networks - 2001 • #Bitcoin - 2009
Have you ever shuffled a deck of cards? If so, you’ve likely held a unique sequence—a combination of cards that’s never existed before in the universe’s history and probably never will again. Let’s dive into entropy, improbability, and, naturally, #Bitcoin. A standard 52-card deck can be arranged in 52! ways. That’s: 80,658,175,170,943,878,571,660,636,856,403,766,975,289,505,440,883,277,824,000,000,000,000 or roughly 8x10⁶⁷ possible shuffles. Hard to grasp? Consider this: ⏱️ ~4.3x10¹⁷ seconds have elapsed since the Big Bang. 🧑‍🧑‍🧒‍🧒 ~100 billion humans have ever lived. If every person shuffled a deck every second since the universe began, we’d still likely never see the same order twice. Each thorough shuffle creates something entirely new. That’s the wonder of entropy. So, how does this connect to Bitcoin? This same improbability is what makes #Bitcoin secure. When you create a Bitcoin wallet with a 24-word seed phrase, you’re selecting one out of: 115,792,089,237,316,195,423,570,985,008,687,907,853,269,984,665,640,564,039,457,584,007,913,129,639,936 possibilities, or ~1.1579x10⁷⁷. That’s exponentially larger than the deck’s shuffles. To crack your wallet, someone would need to guess that exact sequence. 💪 Brute force? Useless. 🖥️ Supercomputers? Nope. ⏳ Time? Not enough. It’s like picking one specific grain of sand from the entire universe… twice. Bitcoin’s security doesn’t come from secrecy—it’s protected by being one choice among near-infinite possibilities. Isn’t that elegant? And get this: you can generate that level of security with something as simple as a six-sided die or, yes, a deck of cards. If this doesn’t spark awe for the math behind #Bitcoin and its brilliant design, reread it. You’ll probably want to stack more satoshis. Happy Sunday! 👋
HAPPY FUCKING BIRTHDAY @Bitman! image
“If you commit to your work and study #Bitcoin, it might be the only economics you ever need to master.” — @Tuur Demeestr
Just buying #Bitcoin is no longer enough for these corporations. In this statement by Matt Cole, he explains that Strive is raising capital to BUY COMPANIES that have large cash reserves and… … use their cash to buy Bitcoin. 🤯 Accelerating!
Did Coinbase buy Deribit? If anyone has details, let me know.