The 5 laws of
#bitcoin
security are critical.
1. Remove malware
2. Use the most popular open source software
3. Use multi-key (also known as multisig)
4. No bitcoin specific hardware
5. Use your own node
My preferred way to achieve this is optional ()
NFTs are being wash traded.
That’s when the buyer and the seller are secretly the same person.
Braden buys an NFT for $6. Sells it to Karen for $6,000 and then Todd for $60,000.
But actually Braden, Karen and Todd are all the same person.
Then a sucker buys at $2,000.
My 8 year old daughter dumped her life savings ($800) into
#bitcoin
and is up 3.5x
She told my older kids to HFSP. The FOMO is getting my car detailed. 😎
Just helped someone remove 3
#bitcoin
from
@coinbase
.
And they charged about $200 in "network fees"
WTF
@coinbase
, this should be a class action lawsuit for fees you are stealing and blaming on the bitcoin network.
I'm putting out a 2
#BTC
bounty on finding my son a wife.
- Presbyterian
- Inexperienced with men
- Good father
- Comes from large family
- Intelligent
- Under 25
You introduce me to her Dad and if they get engaged I send you a Bitcoin. If they get married I'll send another.
Greg Maxwell, arguably the most respected
#bitcoin
core developer, thinks supply chain attacks are the reason you will lose your bitcoin from cold storage.
Might want to learn what those are and how to pre them.
It appears that El Salvador is going to make
#Bitcoin
“Legal Tender”
I believe this means three things:
1. No taxes on bitcoin.
2. They are going to hold it as a reserve.
3. They are going to encourage adoption.
If this is true this will have profound impact…
#Bitcoin
is healthier today at $26,000 than it was at $62,000
We are going through chemotherapy to expel a cancer that was growing rapidly back then.
Another incredible opportunity to
#GetOnZero
before
#2032
What’s the purchasing power of a
#bitcoin
after global adoption?
$1,000,000,000 (in 2018 dollars)
Yes, one billion per bitcoin.
Here is why… (continued 1)
If you buy Bitcoin on anything other than Cash App with direct deposit you are doing two indisputable things.
1. Buying 1- 2% less Bitcoin for the same amount of fiat.
2. Failing to support the company that has contributed more open source to Bitcoin than any other.
Cryptocurrency is NOT in the same type of mania as the DOT-COM bubble. Many businesses survived that. This is a protocol war and there will be only one survivor: Bitcoin. This mania is much more irrational—a lot of people will get REKT. Survive it: become a
#Bitcoin
Maximalist
I’m not going to be able to maintain my principles if bitcoin hits $1,000.
I’m only a man. I have my breaking point.
I will give up on my plan and invest more than I had planned.
Why do all the jpeg transactions hit Bitcoin all at once?
It drives up fees like crazy - if they just spread things out over a few weeks they could save millions.
Because driving up fees is the only purpose. This is an obscured spam attack.
There is no demand for BTC jpegs.
Facebook has one of the greatest security teams on the planet.
It would easily be in the top 20 most capable nation states for cyber warfare capabilities.
It’s down today and all it’s data published.
It’s going to be a wild decade. Thank God for
#bitcoin
Never buy a:
Sports car
Big Boat
Big Pool
Big House
Trophy Wife
They are massively over rated if you are relative normal and massively more mentally expensive, maintenance expensive and depreciation expensive than you’d expect.
Spend money to solve problems not create them.
#Bitcoin
is the greatest opportunity to acquire wealth in the history of mankind IMO. We are still very early here. If you understand the economics behind money, then you will realize that Bitcoin must become the global money. Then we're talking one million per Bitcoin AT LEAST.
#Bitcoin
is going to $100,000 and beyond,
but the freedom it will bring is going to fix our economy and this is going to have
a bigger impact on your quality of life than if you own zero bitcoin or 1,000 bitcoin.
Bitcoin is abolition of central bank slavery.
I just spoke to a public school teacher that said they are all investing in
#ethereum
because it claims it will use less electricity than
#bitcoin
.
I said nothing 👹😅😂
I wouldn’t sell you my
#bitcoin
at $65k
I won’t sell at $45k
And I won’t be selling $5M either.
And I don’t even trust the current market price isn’t manipulated.
Your move banksters.
The current spam attack on Bitcoin isn't sustainable.
It's more cost effective to pretend jpegs are involved
But this is just a very expensive DOS.
Nothing more. Nothing long lasting.
The majority of the
#HONKHONKHODL
bitcoin has been distributed to the truckers.
@NobodyCaribou
will provide details and video shortly.
He’s an amazing human and it was an honor for me to watch him genuinely love and help these suffering people.
Clubhouse is like a live, impromptu, always on, podcast with audience participation.
I'm very impressed with how much bitcoin education is happening there.
@jack
is currently in the audience listening to
@MartyBent
talk lightning to noobs.
One of the biggest lies people believe is that educating children is difficult.
It’s not. Children love to learn.
That love can only be crushed with the industrial strength of government regulated schools.
Homeschool your kids. Keep them safe. They will thrive.
If you have a teenager and you proud he can read you are 100 years behind.
He needs to learn to code. Here is how to get it done and change his future.
...
There will be no blow off top! We are approaching the tipping point. The event horizon. The fiat cliff. The hockey stick of adoption. Hodl when it hits $250k or you will go dead broke.
Don’t forget.
The purpose of
#bitcoin
is to replace government money.
If it works it will be above 1M per coin. If it fails it will be zero.
Everything in between is just people making bets on the odds of success.
The head of the SEC made it very clear that if you:
1. Give money.
2. With the expectation of profit.
3. From the work of others.
You've invested in an unregistered security and that is illegal in the US
Here is why he also made it clear
#bitcoin
is not this, but "most" are...
If I had to secure $10,000,000 in bitcoin this is the hardware I’d use
- two old, cheap laptops
-pen
-paper
- a handful of $3 usb drives
That’s it.
Gadgets like hardware wallets and steel seed storage are fun, but very high security doesn’t prioritize novelty.
The world computer never existed
The DAOs never existed
Decentralized ICOs never existed
DeFi never existed
NFTs never existed
Web 3 doesn’t exist
#ethereum
is story telling, not technology.
The only reason
@CashApp
isn’t riddled with scam coins is
@jack
I think a lot of people that didn’t support him as he fought for freedom at Twitter are about to see they were the ones that had lost the plot.
Your video The Most Important Man Since Satoshi? JW interviews Cody Wilson
We’ve determined that it violates our guidelines and we’ve removed it from YouTube.
@YouTube
this was a discussion of important ideas — not selling guns.
The conversation was religious and political.
Bad guys are willing to spend so much spamming
#bitcoin
because they think we are dumb enough to overreact
- increase the block size
- mess up the p2p network
- implement bip300
- introduce some other serious vulnerability
With lots of noobs it’s worth a shot.
$61,000
#btc
is the tipping point.
Within three days $610,000 and within a month $6,100,000 and the USD 💀
If you think this is absurd you’ll sell and buy back 10x higher guaranteed.
If you won’t listen to me when I tell you
#bitcoin
is the only legitimate crypto currency
I hope you will take my advice when I say:
1. Buy
#tron
,
#eos
,
#iota
,
#litecoin
and
#ethereum
2. On a KYC exchange.
3. And leave it there.
Also the government loves you. 😈
You sold a business for $1,000,000 in 2009 at 40 (peak energy with mastery)
After 25% capital gains you had 750k left
After inflation (calculated in cost of beef) you have 375k in 2019.
When you turn 70 you will barely be able to buy a nice car with that.
#bitcoin
If you give the government power in an emergency they will create more emergencies.
If you change Bitcoin Core in response to spam they will create more spam.
You are not crazy. You are not alone. We are the majority. They are lying about our numbers and they can’t fathom our capabilities
Learn to code, to build, to homeschool, to breed, to teach your children the ideas that built civilization
And dont be discouraged. We are winning!
#bitcoin
is not for retirement
Go play fiat games with stonks if you want to sit on your ass listening to classic rock and waxing your mustang
#bitcoin
is for legacy. It’s for the grandchildren you spend 40 years loving before they exist. It’s for human freedom. It’s revolution
Talked to an Indian dude that runs a peer to peer
#bitcoin
exchange in India.
He anticipates an uptick in interest as a result of the India ban (same as 2 years ago).
He gives a small amount when caught by police- very peaceful and civilized corruption.
I’m rapidly approaching my goal of encouraging 20 young men to change their lives by learning software engineering.
1. Learn JavaScript from
@freeCodeCamp
or
@CodeAcadamy
2. Go through Lamda or Hack Reactor.
1000 hours of focus gets you a new life.
20 years ago I was childless and teaching TCP/IP basics at a University for $100s per hour (of actual work).
Today I’ve got over half a dozen babies and I’m teaching TCP/IP basics for free via Twitter DMs as I leave the hospital with another.
The universe is strange.
Now that is clear the welfare warfare state is dying let’s stop being so depressed about it.
And yeah it’s terrifying to watch it die and use covid and vaccine hysteria as a cover.
But don’t confuse it’s death for it’s expansion. It’s dying fast. Finally.
#bitcoin
If the bitcoin isn’t distributed to truckers before the protest is over I pledge to double the amount I donated in legal fees going after
@BTCsessions
and
@FossGregfoss
I’m sure it’s all just a misunderstanding, but maybe this will help clear it up quickly.
In 2003 I had this phone. It was absolutely clear everyone would be on a similar device soon. Few agreed.
5 years later the iPhone was released and within 6 months everyone else knew it too.
Now I own zero fiat - 100%
#btc
It’s absolutely clear everyone else will before 2026.
What I think a lot of people miss about
#Bitcoin
is its "why." We're trying to unleash a new renaissance upon the world. A renaissance where you capture all of the value of your work. We don't need central control or coercion to do this. The release of control will set you free.
“I give you fire and you want trade it? Let someone else hold it and maybe destroy it forever so you can score an extra 6% return?!”
-
@michael_saylor
on lending your
#bitcoin
.
The totalitarians hit us hard in 2020.
Might be time for the 1.5% of us that are not insane to take the gloves off.
Maybe we all get as much debt as possible, buy
#bitcoin
with it, and let our credit score tank.
If it works we don’t need credit scores moving forward.
Korea is postponing crypto taxes as political parties want to get the youth vote in the run-up to March's presidential election
- Oleg Smagin from Kelio (Korea based company)
Anyone know of a way to buy
#bitcoin
if you are under 18
Watching my teen deal with the fiat system is hilarious. Zero chance it lives another generation.
He’s converting 100% to bitcoin the moment he gets paid. The volatility doesn’t matter as much as insulting UX of banking.
We are in the middle of WWIII
It’s not a nuclear war, but an information war.
The body count already far exceeds conventional warfare.
we better get serious and learn the craft.
#Ripple
#xrp
is the stupidest scam coin imaginable.
The USD is already digital.
It’s difficult to use USD due to government laws.
#bitcoin
is designed to resist government law and make better money.
#xrp
doesn’t even pretend to be government resistant. 🙃
#gold
is a crap coin with the following security flaws:
1. Difficult to hide — bulky
2. Difficult to transport — heavy
3. Difficult to subdivide — requires bank notes
4. Difficult to authenticate — purity faked easily
5. Difficult to measure — crooked scales
@PeterSchiff
The most important man since Satoshi? On today’s show I interview Cody Wilson of Defense Distributed. DD is looking to decentralize the manufacture of guns and give people the ability to 3D-print their own guns.
Yes I’m still underwater because I bought at $17,500
But I won’t sell until bitcoin is FULLY adopted as global money.
Global medium of exchange, store of value and unit of account.
Anticipating around 2032.
I think I’m going to be just fine ladies.
#Bitcoin
is going to change so many games. It's going to reduce censorship that many don't even know exists. It's going to open up new business models never possible before, which will bring a new renaissance of creativity to the world. It's also going to stabilize things 😮😉.
Vietnam era draft: Local boards determine which men to draft.
A future draft: Draft-age men registered in a central, national data base and called in a sequence determined by a national lottery drawing of birth dates.
#TuesdayThoughts
@neelkashkari
Laser eyes proclaim a technology to guarantee the human rights of life, liberty, & property. Laser eyes channel action even as they protect from dilutive distraction. Laser eyes signal intent to make
#Bitcoin
an instrument of economic empowerment.
The only purpose of crypto-currency is to be government resistant.
The fact that so many people resist this simple truth tells you we have years of technical and economics education ahead of us.
#Bitcoin
is still very much in its nascent stage. But it's amazing to me how well-developed & accepted it is already. The state has put considerable effort in keeping people's eyes closed when it comes to money. But humankind is opening its eyes...& here comes Bitcoin. 🚀🌔