Block 0 @GenesisBlock319

Incredible video explaining the Bitcoin wallet hack

Very cool overview of who owns Bitcoin.

the most underrated skill in #bitcoin is patience

I’ll translate. BIP-110 ends the grift party and signals that bitcoin is MONEY.

Ordinals Wallet @ordinalswallet

9 months ago

Not sure if y’all been watching or not, but if bip110 goes live you will no longer be able to get inscriptions mined.

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An individual solved a long standing computer science problem and in doing so created a new type of clock that produces a fixed supply asset without an issuer. Then they left forever. It grew to 2T in 16 years. If you think it’s going to zero, you’re a fool. Change is violent.

Some Bitcoin truths: Bitcoin is not for everyone, but it is available to anyone. Bitcoin will affect everyone. Bitcoin self custody is not hard. Bitcoin self custody responsibility is for the few. Most people don't want freedom, they just want a better cell. There are not enough UTXOs for everyone. There is not enough block space to "be Visa". L2+ will resolve most throughput issues by behaving more like IOUs. "Holding" Bitcoin is not possible for poor people, because poor ppl can't save thus can't buffer handle volatility. Stable coins are great for poor ppl because it's more free from capital controls than fiat. Stable coins are great for everyone who needs "stable" unit of account with less capital controls. Most people need credit, bitcoin is not credit. Businesses need credit, specially trade credit, bitcoin is not credit. Free banking is both useful and will always exist, specially on a bitcoin standard. Volatile units of account struggle to be medium of exchange for small payments when given alternatives. Shitcoins will always exist. There is no single Bitcoin community; there are tribes that share the same love (or hate) for Bitcoin. There are no bail outs in bitcoin. People you don't like will hold Bitcoin. People you don't like will do very well holding Bitcoin. There is always someone who matter more than you to bitcoin. Most people who hold Bitcoin can't affect Bitcoin. There are no analogs to Bitcoin. Bitcoin is a brand-new asset class. Bitcoin will never do what people think it will do. We don't know where Bitcoin will go. Bitcoin FUD will always exist. Bitcoin sour grapes will always exist. We know the fiat system is in controlled demolition. Bitcoin self-custody is for the few. Suits will have paper Bitcoin. Paper bitcoin is unavoidable. Leveraged bitcoin is unavailable. Just because you don't like a bitcoin use, doesn't mean you can stop it. Some will see Bitcoin as religion. Some will see Bitcoin as math. Some will see Bitcoin as toxic. Some will see Bitcoin as the solution. But at the end, the honey badger doesn't care. Bitcoin price is an important signal that most can't understand. Bitcoin has no realistic alternatives. Bitcoin is decentralized, non-inflationary, permissionless, salable, divisible, and transportable. Bitcoin must be ultra conservative with new features. Bitcoin savior complex is ego poison. Bitcoin is designed to ignore individual preferences. Bitcoiners are splitting and fighting internally is annoying but integral part of the process. You just arrived and you can't fix bitcoin. No other bitcoin participant owes you anything, specially their attention. Bitcoin devs don't control bitcoin. Bitcoin miners don't control bitcoin. Bitcoin holders don't control bitcoin. Bitcoin is very rough consensus. Bitcoin is designed for your selfishness to secure the network. Without healthy and sufficient decentralized self-custody, Bitcoin goes to zero. All sides in Bitcoin debates are wrong until they become the longest chain. Bitcoin is designed to win, not to fight. Bitcoin monetizes mutually assured destruction. Bitcoin is the most important tool of peace in our generation. Bitcoin is the only fair and self-verifiable monetary system. Bitcoin bridges trust gaps with a trustless network. Bitcoin will always be less efficient the centralized systems. Investing in Bitcoin is using Bitcoin. Holding bitcoin is using bitcoin. Bitcoin allows opting out of the legacy financial system. Bitcoin is generational wealth, there will only be 21m Given its history, the most consistently successful strategy has been to buy bitcoin, put in your COLDCARD, STFU, have patience.

U.S. Bitcoin merchant adoption keeps growing. This is what you should be paying attention to.

$1,000,000 was settled over the Lightning Network. On January 28th history was made. We just powered the first publicly reported $1M Lightning transaction between @SD_Markets and @krakenfx in .47 seconds. The future of institutional Bitcoin settlement is here. Lightning got boxed in early. "It's for micropayments." That narrative stuck, but it was only ever part of the story. Lightning is settling million-dollar transactions today. It's time the world sees this network for what it actually is. This is only the beginning. Bitcoin moving at the speed it was meant to. Powered by @voltage_cloud

We Brits gave up our firearms in 1997. 30 years later. Now we are being arrested for social media posts.

Throwback Thursday™️ Here it is, the animated video by me, @IoniAppelberg, and @TheGuySwann. The one that spawned the ♾/21M meme and Bitcoin Infinity Day on Aug 21! Ioni and I have plans to do more stuff together. It's been too long, don't you think? ♾/21M forever!

It's time to make the switch to @BitcoinKnots #Bitcoin

I’m convinced that the best strategy for most people is simply buying consistently and holding for years. No timing buys, no trading, no leverage, no waiting for a crash that may or may not ever come The less complicated the better.

@CarlBMenger Can't print more Bitcoin

BREAKING: FED just pumped $13.5 BILLION into the U.S. Banking System through overnight repos, the 2nd largest liquidity injection EVER, just behind Covid. SEND IT BRO! #Bitcoin