₿lack Swan
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blackswan.bsky.social
₿lack Swan
@blackswan.bsky.social
australian economics. minimalist. simplicity is the ultimate sophistication.
Bitcoin lifestyle is about providing value to your community and saving your time and energy in hard money that cannot be debased.

The rest of this stuff is a complete scam.
November 7, 2023 at 7:59 AM
What a legend!
November 6, 2023 at 10:47 PM
Have been saying for a number of years that banks will be the primary Bitcoin exchanges.

They want to make Bitcoin an investable asset, while destroying its use case as peer to peer bearer instrument.

Take self custody and refuse at all costs.
November 6, 2023 at 10:46 PM
The 'everything go up' phenomenon is a byproduct of the fractional reserve system which results in the financialisation of everything.

Bitcoin fixes the scam.
November 5, 2023 at 8:35 AM
😂
November 3, 2023 at 11:32 PM
I don't doubt that is the case, but I see the electrification of Africa using hydro and the reduction of landfill methane emissions as a net positive.

Human evolution is tied to the harnessing of energy.

Over 50% of mining is now powered by renewables, and stranded energy makes up much of the rest
October 31, 2023 at 3:56 PM
Gridless Compute are using Bitcoin mining to build out micro hydro deployments in Africa.

The Kingdom of Bhutan is using hydro.

El Salvador is building geothermal plants.

UAE is mining using nuclear.

Paraguay is using solar.

Mining is also reducing methane emissions from shale and landfill.
October 31, 2023 at 2:56 PM
I hope you've read The Bitcoin Standard?
October 31, 2023 at 2:50 PM
Bitcoin doesn't care about SBF 😂
October 31, 2023 at 2:49 PM
LOL why did you need to wait for a Bitcoiner to build you a new social media?
October 29, 2023 at 11:56 PM
Fix the money, fix the world.
October 29, 2023 at 11:53 PM
I try not mute / block people, but this place is a whole other level of woke progressive.

Might have to take you up on that offer if it gets any worse 😂
October 29, 2023 at 11:51 PM
Your loss!
October 19, 2023 at 1:45 AM
your argument revolves around a... DRUG CARTEL manipulating the price.

It's so preposterous it's laughable.
October 19, 2023 at 12:49 AM
Yep, it's certainly volatile (historically to the upside), but that does not negate the properties I mentioned above.

I hold as little cash on hand as possible, as it's a melting ice cube. As a silent partner in an unrelated business, I keep everything else is in equities, real estate, and Bitcoin.
October 18, 2023 at 11:11 PM
Buy Bitcoin.
October 18, 2023 at 10:51 PM
Disagree, it's the safest asset I own.

I can take custody and hold it myself, verify it in seconds and know the issuance schedule for the next 120 years.

No one can print more, no one can double spend, no one can block a transaction, and no one can seize it.
October 18, 2023 at 10:50 PM
Once you understand Bitcoin you realise that playing fiat games in a financialised world, for a 10% return, is tantamount to gambling.
October 18, 2023 at 10:31 PM
ETH/BTC peak was in 2017.

It's been going down for 6 years.

It will continue losing purchasing power to Bitcoin.

Stop gambling and start saving in BTC.
October 18, 2023 at 9:33 PM
Ignore the crypto scams. Bitcoin is still there, being the hardest form of money ever created.
October 18, 2023 at 9:31 PM
October 18, 2023 at 9:29 PM
Fantastic thread.

Bitcoin provides a mechanism to save your precious time and energy into the future.

Now, it's also providing a flexible base load, which can be deployed at landfill / fracking sites to reduce methane venting, and to capitalise a renewable grid.

And people still call it a scam 🤦‍♂️
October 18, 2023 at 9:21 PM
- A neutral, interoperable and fair monetary system.

- Someone advocating for social reform, who often does not share my perspective.
October 12, 2023 at 11:43 PM