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#Bitcoin is difficult to understand.
But why???
To understand it it would be ideal to understand:
Math.
Finance.
Policy.
Economy.
Games theory.
Energy.
And energy markets.
Methane emissions.
Physical.
Information technology.
Cybersecurity.
The history of money.
Central Banking.
Austrian economy.
Keynesian economics.
Math.
Money.
Fiat.
Inflation.
Shortage.
Fiat currency.
Merkle trees.
Cryptography.
Public key cryptography.
Elliptic curve.
Hashes.
Digital signatures.
Sha256.
Work test.
Peer to peer networks.
Cryptographic timestamp.
Smart contracts.
Timechain.
Social dynamics.
Monetary politics.
Open source development.
Human or social behavior.
Law.
Network theory.
National security.
Decentralization.
True digital property.
Credit markets.
Invest.
The way governments work.
Society.
Family.
Geopolitics.
Macroeconomy.
Human rights.
......
Understanding Bitcoin is not a test of intelligence. It's a test of ego. You have to be able to admit that you were wrong. h/t @NickDPayton.
......
Bitcoin surprises for many reasons.
Computer scientists say Satoshi solved the problem of the Byzantine generals and blew them away.
Economists might be baffled by an asset rising in price without producers increasing production to increase supply.
Oil drillers say finding a cleaner, more cost-effective alternative to flaring excess gas was mind-blowing.
Human rights advocates say being able to own an asset that cannot be confiscated in a corrupt country, allowing people to increase their wealth and escape tyranny, was mind-blowing.
Power plant operators will say that mining's load balancing ability is mind-boggling.
Merchants or users of remittance services will say that the fact that BTC reduces friction and fees is mind-blowing.
Some might say that Bitcoin encourages savings
But why???
To understand it it would be ideal to understand:
Math.
Finance.
Policy.
Economy.
Games theory.
Energy.
And energy markets.
Methane emissions.
Physical.
Information technology.
Cybersecurity.
The history of money.
Central Banking.
Austrian economy.
Keynesian economics.
Math.
Money.
Fiat.
Inflation.
Shortage.
Fiat currency.
Merkle trees.
Cryptography.
Public key cryptography.
Elliptic curve.
Hashes.
Digital signatures.
Sha256.
Work test.
Peer to peer networks.
Cryptographic timestamp.
Smart contracts.
Timechain.
Social dynamics.
Monetary politics.
Open source development.
Human or social behavior.
Law.
Network theory.
National security.
Decentralization.
True digital property.
Credit markets.
Invest.
The way governments work.
Society.
Family.
Geopolitics.
Macroeconomy.
Human rights.
......
Understanding Bitcoin is not a test of intelligence. It's a test of ego. You have to be able to admit that you were wrong. h/t @NickDPayton.
......
Bitcoin surprises for many reasons.
Computer scientists say Satoshi solved the problem of the Byzantine generals and blew them away.
Economists might be baffled by an asset rising in price without producers increasing production to increase supply.
Oil drillers say finding a cleaner, more cost-effective alternative to flaring excess gas was mind-blowing.
Human rights advocates say being able to own an asset that cannot be confiscated in a corrupt country, allowing people to increase their wealth and escape tyranny, was mind-blowing.
Power plant operators will say that mining's load balancing ability is mind-boggling.
Merchants or users of remittance services will say that the fact that BTC reduces friction and fees is mind-blowing.
Some might say that Bitcoin encourages savings
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💥Despite liquidations of #Grayscale … #Bitcoin spot ETFs had a trading volume of 20 BILLION dollars in just 8 days, - Bloomberg
Almost nothing 😉🔥 #Bullish
Almost nothing 😉🔥 #Bullish
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🇸🇻El Salvador spoke about its#Bitcoinlaw in Davos.
🔹Juan Carlos Reyes, president of the National Commission of Digital Assets of El Salvador, presented the progress made by the country
🔹He spoke about the#BitcoinLaw at the Crypto 2030 event that takes place in parallel to the World Economic Forum in the city of Davos.
🔹Showed how bitcoin expands the country's opportunities to attract foreign investment.
Geothermal energy from Salvadoran volcanoes 🇸🇻 also arrived in Davos.
BRAVO‼️👏🏻
🔹Juan Carlos Reyes, president of the National Commission of Digital Assets of El Salvador, presented the progress made by the country
🔹He spoke about the#BitcoinLaw at the Crypto 2030 event that takes place in parallel to the World Economic Forum in the city of Davos.
🔹Showed how bitcoin expands the country's opportunities to attract foreign investment.
Geothermal energy from Salvadoran volcanoes 🇸🇻 also arrived in Davos.
BRAVO‼️👏🏻
I track the $BTC holdings of the 11 Spot #Bitcoin ETFs.
Fidelity updated data for $FBTC - now holds 9,750 Bitcoin
VanEck also updated holdings, now at 1,867 $BTC
The 10 ETFs, excluding $GBTC, bought 34,589 #Bitcoin so far👇
Fidelity updated data for $FBTC - now holds 9,750 Bitcoin
VanEck also updated holdings, now at 1,867 $BTC
The 10 ETFs, excluding $GBTC, bought 34,589 #Bitcoin so far👇
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🔥THE UNSTOPPABLE ADOPTION🚀🔥
According to a new Report, APPROXIMATELY 15,174 BUSINESSES around the world accept#Bitcoinas a means of Payment 🥳🧡
Source @Cointelegraph
According to a new Report, APPROXIMATELY 15,174 BUSINESSES around the world accept#Bitcoinas a means of Payment 🥳🧡
Source @Cointelegraph
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“If you don't believe me or understand, I'm sorry, I don't have time to try to convince you” #Bitcoin
~Satoshi Nakamoto 😎 #Bitcoin #satoshinakamoto
~Satoshi Nakamoto 😎 #Bitcoin #satoshinakamoto
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💥The CEO of BlackRock STATED:
“We are almost at the maximum supply of#bitcointhat could be created… Unlike gold, where we make new gold.” 👀
#Bitcoinis unique and the World is beginning to recognize it 🌍 🔥
“We are almost at the maximum supply of#bitcointhat could be created… Unlike gold, where we make new gold.” 👀
#Bitcoinis unique and the World is beginning to recognize it 🌍 🔥
See original
🔥AMAZING🔥
🇺🇸 BlackRock, Fidelity and VanEck put#Bitcoinon their home pages. 🔥
This is just beginning 💪🏻🚀
#BlackRock #Fidelity #VanEck $BTC
🇺🇸 BlackRock, Fidelity and VanEck put#Bitcoinon their home pages. 🔥
This is just beginning 💪🏻🚀
#BlackRock #Fidelity #VanEck $BTC
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HE LOST HIS LIFE SAVINGS BY INVESTING IN CRYPTO CURRENCIES! BE CAREFUL WITH THIS SCAM SO COMMON IN THE WORLD AND LATIN AMERICA.
Kevin McVie, at 74, believed his cryptocurrency investments were profitable after seeing unexpected profits on his platform. However, he was a victim of crypto scams, a common problem in the world and Latin America.
Despite knowing the risks, McVie, whose Los Angeles business suffered from the pandemic, looked to cryptocurrencies as a solution for his retirement savings affected by market volatility.
Browsing Instagram, he found BitBit, a company in London that called itself an “international financial broker” specializing in cryptocurrencies. Upon opening the account, BitBit representative Pavel communicated in Russian via Telegram, establishing a personal connection.
McVie started with $500, seeing growth within weeks. Encouraged by Pavel, he invested more than $340,000, his entire life of savings.
His son, Daniel McVie, explained that the platform showed false growth graphs.
The scam was evident when trying to withdraw funds: BitBit requested 2% as a "security measure", sending a fake document from Barclays. By discovering the scam, McVie had already lost all his money, facing the shame of having "lost 100% of my family's liquidity," according to his daughter, Lina O'Connor.
#Fraud #FraudAlert #estafa #BITBIT
Kevin McVie, at 74, believed his cryptocurrency investments were profitable after seeing unexpected profits on his platform. However, he was a victim of crypto scams, a common problem in the world and Latin America.
Despite knowing the risks, McVie, whose Los Angeles business suffered from the pandemic, looked to cryptocurrencies as a solution for his retirement savings affected by market volatility.
Browsing Instagram, he found BitBit, a company in London that called itself an “international financial broker” specializing in cryptocurrencies. Upon opening the account, BitBit representative Pavel communicated in Russian via Telegram, establishing a personal connection.
McVie started with $500, seeing growth within weeks. Encouraged by Pavel, he invested more than $340,000, his entire life of savings.
His son, Daniel McVie, explained that the platform showed false growth graphs.
The scam was evident when trying to withdraw funds: BitBit requested 2% as a "security measure", sending a fake document from Barclays. By discovering the scam, McVie had already lost all his money, facing the shame of having "lost 100% of my family's liquidity," according to his daughter, Lina O'Connor.
#Fraud #FraudAlert #estafa #BITBIT
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📢 Don't miss this incredible opportunity to earn additional income: Ice Token will start trading in just 3 days!
Greetings everyone, I shared this exciting mining possibility last month when significant steps were taken by partnering with prominent industry players. If you are discovering this publication now, you still have time.
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Head over to the Play Store and download the “ICE Decentralized Future” app.
Sign up using my referral code: icebytes
Receive a welcome bonus of 10 ICE tokens upon registration.
🌐 Crucial information:
• Ice token mining will be available until October 7, 2024; The sooner you start, the more tokens you will get.
• Ice tokens will be ready for trading in three days; Those who started mining earlier will be smiling as they see their profits.
• Make sure to link your Binance Smart Chain address (use TrustWallet's BSC address to avoid errors).
• Complete your KYC 1 and KYC 2 as quickly as possible.
• Don't stop mining to avoid losing some of the tokens you have obtained.
Do you have any question? Feel free to leave it in the comments section.
See you all at the top! 🚀🚀🚀#ice #ICEDecentralized #airdrop #ice_coin
Greetings everyone, I shared this exciting mining possibility last month when significant steps were taken by partnering with prominent industry players. If you are discovering this publication now, you still have time.
🚀 How to join this exciting mining adventure?
Head over to the Play Store and download the “ICE Decentralized Future” app.
Sign up using my referral code: icebytes
Receive a welcome bonus of 10 ICE tokens upon registration.
🌐 Crucial information:
• Ice token mining will be available until October 7, 2024; The sooner you start, the more tokens you will get.
• Ice tokens will be ready for trading in three days; Those who started mining earlier will be smiling as they see their profits.
• Make sure to link your Binance Smart Chain address (use TrustWallet's BSC address to avoid errors).
• Complete your KYC 1 and KYC 2 as quickly as possible.
• Don't stop mining to avoid losing some of the tokens you have obtained.
Do you have any question? Feel free to leave it in the comments section.
See you all at the top! 🚀🚀🚀#ice #ICEDecentralized #airdrop #ice_coin