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Why is #Bitcoin valuable?

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89,000 BTC taken off exchanges the last month. That’s almost 7 months of mined supply. If this continues the exchanges are empty in 27 months.

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A solo miner just mined a block worth 3.275 #Bitcoin worth $199,098. LEGEND 🤯

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Why Laszlo Hanyecz Is A #Bitcoin Legend Mined 80,000 BTC when it was under $0.01 Spent $2.4 billion on pizza A Mac programmer from Florida, Laszlo Hanyecz discovered #Bitcoin in April 2010 when it was less than $0.01. His goal was to help more people run the software. Back then, $BTC only ran on Windows. Laszlo quickly translated Satoshi’s code for MacOS. He wrote software users began running within a week. Here’s the computer he wrote it on: an iBook G4 😲 Laszlo quickly became one of Satoshi’s most trusted contributors Here’s Satoshi and Laszlo discussing what gives BTC value and the mechanics of how payments work 👏 Laszlo and Satoshi also discussed #Bitcoin’s future design Here’s Laszlo pushing back against those who already didn’t think the network could scale 👏 Laszlo was one of the first 5 developers to work on #Bitcoin. Here’s Satoshi crediting him for his work helping to test and review the 3rd version of the software in history 🏆 Laszlo wasn't just a coder though. He was the 1st user to mine with powerful GPUs He took computer hardware specialized for video games and quickly boosted the network’s hashpower 🔥 Laszlo’s mined 35,000+ BTC in just the first 2 months He was making 700+ BTC a day His wallet balance grew to over 80,000 #Bitcoin 🤯 Satoshi didn't like what he saw In fact, he wrote an email to Laszlo asking him to reconsider how he was mining. He wanted to keep it easy for "100% of people" to earn Bitcoin 🤔 Rather than quit mining, Laszlo decided to give back to Bitcoin. In fact, he dusted off one of Satoshi’s own ideas – taking an example from the official Bitcoin FAQ. So, on May 18, 2010, Lazlo went on to the Bitcoin offered to send 10,000 $BTC to anyone who would buy him dinner. 10,000 BTC was worth just ~$41 🤯

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Inflation pales in comparison to Bitcoin's growth, which is why we can use any currency or gold as a point of reference. But let’s be clear: gold is still part of the fiat system. These assets are always traded back into USD, much like translating from one language to another—the meaning remains the same. We should aim for minimal inflation, not the total collapse of the financial world. The way we move away from fiat isn't through a catastrophic event but through a gradual, sustained shift—a death by a thousand cuts. A total collapse would only bring chaos, death, and poverty. In such a scenario, Bitcoin wouldn’t be our savior, as it relies on stability and functioning infrastructures to exist and thrive. I'm tired of the doomer mentality prevalent among many Bitcoiners. I’m not sure where this mindset originated, but it’s based on a bleak, end-of-the-world fantasy that has nothing to do with Bitcoin. To each their own, but I strongly reject that worldview. Bitcoin represents progress, not destruction. What are your thoughts on this perspective? Let’s discuss in the comments! 💬👇 #Bitcoin #Inflation #FinancialStability #CryptoCommunity #PositiveEnergy

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