Bitcoin 101
bitcoin101.bsky.social
Bitcoin 101
@bitcoin101.bsky.social
Have a long time preference. Don’t shitcoin.
The world cannot afford Xmas lights. The energy needed to power Xmas lights is outrageous. For the sake of our planet, displaying Xmas lights must be made illegal in the US.
December 23, 2024 at 12:58 AM
I keep thinking Bluesky is probably a waste of time and that I should just stick to Nostr, which is truly different than all other social platforms.
December 19, 2024 at 9:14 PM
Arrogant crypto bros are why most people turn off as soon as they hear the word “bitcoin”
December 9, 2024 at 2:56 PM
The points about Saylor are fair. He should do more to support devs.

But much of the world doesn’t even know who he is.

Much of the world thinks bitcoiners are assholes because they think bitcoin = crypto scams.
December 9, 2024 at 2:55 PM
The rest.

I agree that ETFs are a great way to dip your toe in. But I would highly encourage everyone to learn how to custody their own bitcoin.
December 6, 2024 at 10:49 PM
Ha, true
December 6, 2024 at 1:20 PM
Not enough people understand this. Trump isn’t a bitcoiner, he’s just another shitcoin scammer.
December 5, 2024 at 3:35 PM
The polls were actually pretty close this year. Most had Trump with a 1 or 2 point lead.

If it passes, it’s a huge win for bitcoin and for the US. But I have major doubts that it’s feasible. Despite what we’d like to believe, bitcoin is far far far down the list of Trump’s priorities.
December 3, 2024 at 4:41 AM
And many bills pass the house only to languish in the Senate.
December 3, 2024 at 12:52 AM
I’m aware of Lummis’s bill.

Thousands of bills are written that never make it to the floor for a vote.

There has been no real reporting on this being taken up for consideration in any serious way.
December 3, 2024 at 12:49 AM
The prediction markets had Ohio State as a favorite to win the Big Ten Championship.
December 3, 2024 at 12:42 AM
The opposite may be true.
December 3, 2024 at 12:41 AM
Bitcoin became what it is through a confluence of good timing and a lot of luck.

Simple, elegant design. Distributed widely and very quickly. Proof of work. And there is no founder that stands to make disproportionate gains.

Nothing can replicate that.

Even if not perfect, it’s the one.
December 3, 2024 at 12:41 AM
There are so many reasons congress would never allocate funds to a “bitcoin reserve” including

- not understanding bitcoin
- undermining the dollar
- no modern parallel policy example to draw from
- political polarization
December 2, 2024 at 10:29 PM