nadzap
nadzap
@nadzap.bsky.social
Bitcoin is completely voluntary. It is controlled by no one, and it affords everyone the ability to store and transfer value in a form of money that can not be manipulated by central banks.
Reposted by nadzap
Bitcoin does 7 final settlements per second and can do unlimited transactions per second for close to zero cost in layer 2 solutions like lightning.

Visa does 0 final settlements per second, it relies on the underlying banking system (fedwire).

Visa is a layer two like the lightning network.
April 13, 2024 at 9:06 AM
Reposted by nadzap
The Bitcoin Timechain wastes zero energy.

Except for heat released during Bitcoin mining. But that’s thermodynamics for ya 😎

Limited transaction capacity (4-7 TPS) is near-immediate settlement. This is an extremely important feature, and def not a bug.

medium.com/@nic__carter...
Transaction count is an inferior measure
It is popular to measure Bitcoin by looking at its daily transaction count. This is just one variable in a broader analysis.
medium.com
April 13, 2024 at 4:02 AM
Reposted by nadzap
The obsession with #Bitcoin's price misses the bigger picture. We're witnessing the birth of a currency that transcends borders, resists censorship, and offers true financial autonomy. Bitcoin's worth isn't in its daily value, but in its ability to transform society.

#change
March 20, 2024 at 10:11 AM
Reposted by nadzap
Hunan Rights Foundation donates $500.000 for Bitcoin development and wants to keep doing so every 3 months.

Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself.

www.forbes.com/sites/digita...
March 19, 2024 at 7:47 PM
Blocked for responding to a so-called climate/energy activist/regulator of some kind who said capturing vented methane was a "bad use of power and energy"?

So, a better use of unused, wasted methane gas is to let it pollute the atmosphere?

Amazing how the bitcoin hate causes all logic to be lost.
March 11, 2024 at 6:41 PM
Reposted by nadzap
What was the electricity industry like only 15 years after Edison’s first light bulb?

How about the telephone, automobile, clothes washer, refrigeration, airplane, mobile phone, and Internet?

Bitcoin is only 15 years old. You have a chance to build infrastructure, apps, and/or savings.
March 8, 2024 at 3:44 AM
Reposted by nadzap
AI is not bitcoin, technology has become the enemy for so many people because they’ve become reflexively controlled by literal Twitter spam bots and blockchain hucksters.

Here’s an example of why AI is not “idiocy”, and may actually help solve climate change!
March 3, 2024 at 6:29 PM
Reposted by nadzap
When you say "Bitcoin has no value", you are saying:

1. The lives of these 1800 African villagers have no value
unherd.com/2024/01/the-...

🧵👇- Credit: @DSBatten on Twitter
The African village mining Bitcoin
The cryptocurrency can be a liberating force
unherd.com
January 24, 2024 at 5:32 PM
Reposted by nadzap
Feel free to skim through 17 uses of Bitcoin that don’t revolve around illicit financial flow or “ponzinomics”.

You may be able to deconstruct and find flaws in some of these claims, but you sure as hell won’t for all of them.
When you say "Bitcoin has no value", you are saying:

1. The lives of these 1800 African villagers have no value
unherd.com/2024/01/the-...

🧵👇- Credit: @DSBatten on Twitter
The African village mining Bitcoin
The cryptocurrency can be a liberating force
unherd.com
January 24, 2024 at 8:30 PM
Reposted by nadzap
They literally gave an AI a representation of the universe of known and potential biochemicals and had it point them to a class of antibiotics with high safe doses, it gave them chemicals, they synthesized the chemicals, and the chemicals worked as advertised.
‘Explainable’ AI identifies a new class of antibiotics
An artificial-intelligence graph neural network was trained on experimental data and used to identify chemical substructures that underlie selective antibiotic activity in more than 12 million compoun...
www.nature.com
February 9, 2024 at 9:14 PM
Reposted by nadzap
Why is Bitcoin important? Who is it important to? What is it doing for anyone?

It’s easy to live in a western country with a stable currency and dismiss billions of people in the world who suffer from currency debasement and corrupt governments. This thread sheds a light on that:
When you say "Bitcoin has no value", you are saying:

1. The lives of these 1800 African villagers have no value
unherd.com/2024/01/the-...

🧵👇- Credit: @DSBatten on Twitter
The African village mining Bitcoin
The cryptocurrency can be a liberating force
unherd.com
February 9, 2024 at 7:02 PM
Reposted by nadzap
Miners are also helping prevent methane from being released into the atmosphere, which is 80x more warming than CO2.

Miners are starting to deploy at landfills, capturing the methane and mining Bitcoin with it.
February 9, 2024 at 6:58 PM
Reposted by nadzap
Over 50% of energy used for Bitcoin mining is renewable; it actually helps renewable operators be more profitable and reliable.
February 9, 2024 at 6:56 PM
Reposted by nadzap
Friendly reminder, most people don’t understand why Bitcoin exists, why it has to use energy, and how much energy it actually uses

I hate talking about price but as it increases, it looks like these people will take more drastic measures to try and “affect change”

You can’t stop open source code.
February 9, 2024 at 6:50 PM
Reposted by nadzap
BlackRock, Fidelity ETFs see largest debut month of any ETF in 30 years
Out of 5,535 “newborn” ETFs that launched in the United States over the last 30 years, only two have acquired over $3 billion in assets in the first month.
Bitcoin #BTC
February 9, 2024 at 9:46 AM
Reposted by nadzap
No matter what you think of #Bitcoin..

Bitcoin Miners have gotten Texas ERCOT electricity prices down to be the lowest in the country.

They also *help* renewable the transition and have prevented blackouts like the one that killed 246 Texans in 2021.

…And this is a bad thing?
February 5, 2024 at 6:10 AM
Reposted by nadzap
The Price of #Bitcoin on Christmas

2023: $43,650
2022: $16,832
2021: $50,825
2020: $23,475
2019: $7,318
2018: $4,124
2017: $13,611
2016: $899
2015: $453
2014: $330
2013: $651
2012: $13
2011: $4
2010: $0.25
2009: $0
2008: $0
December 25, 2023 at 2:45 PM