Retired high school science teacher that taught about bitcoin in my physics and chemistry classes because it was a real world application.
Public Key
npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5
Profile Code
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Author Public Key
npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 Show more details
Published at
2023-02-24T07:29:37+01:00 Event JSON
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"created_at": 1677220177 ,
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Last Notes npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Seems like the only currency that is going to have true value is one that can’t be printed by any country. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods If it comes down to oil for crypto. It most likely would be a crypto that can't be bought with printed money. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Banning bitcoin would be like banning baseball cards. They both hold a value and are scarce and can be traded or stored. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods The Fed guaranteeing bank deposits with fiat doesn’t seem to be working. Maybe they should be guaranteeing bank deposits with bitcoin. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Governments like money they can print. Citizens like money that holds its value. Currently that’s not the same money. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods The closest thing to a money printer that the average citizen has is a credit card. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Would a financial system based on an honest and true money need bailouts? npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Buying your own stuff doesn’t get rid of your stuff or pay the bills. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Energy and labor shortages are not stopped by bank bailouts. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Energy and labor shortages are not stopped by bank failures. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods This just seems so weird to me. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods So how is it free delivery if there is a fee? Maybe they should call it fee delivery. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods A dollar can only be worth a dollar. Whereas a bitcoin can be worth more and more dollars. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods The legacy system figures they can control the on ramp and the off ramp and everything will be just fine. Not sure they are considering there may not be a need for an off ramp. Oops. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods You don’t have to cash it out if you use it as cash. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods It seems that bitcoin rewards the consistent investment and patience but not so much the greedy or impatient investor. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods The volatility of bitcoin is an asset not a liability. It keeps governments from riding the bucking bronco. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Seems there is an increasing number of people who are collecting bitcoin with little or no intention to sell. If anyone is thinking of buying a lot of bitcoin it might be much harder than they think. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Don't really get this institutional adoption thing. Bitcoin is a peer-to-peer electronic cash system that society is in the process of determining a value for. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods If I were to guess how many people were Satoshi Nakamota I would say 2. Satoshi and Nakamota. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods It’s always an adventure taking our 1989 Toyota truck in to get an emissions test. Each year the tailpipe keeps getting shorter and shorter. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods A newly printed dollar is like a new car. As soon as you drive it off the lot, it’s worth less. npub1nr3wsz6yfgf7kf3d3u2ulvn8fsw3ju30vpz9kuauteqeafxuayasggham5 trustnods Energy and labor shortages are not stopped by rate increases.
