Tag: #btc solves the Fiat ponzi.

Educational CyberPlayGround NetHappenings
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How do I apply for one of these bailouts?
Bitcoin CEO will not announce a recovery plan. Hang tight. There is no CEO. This dip is for the plebs.

In order for bitcoin to grow in the long run, the various blockchain fleas that ride on its coattails have to be shaken off once in a while.

$btc is storing traded time energy of each human and no one can debase it once it is stored. In My opinion, Greatest discovery/invention so far in human history. The best way to store is the $ cost average (DCA).

If a decentralized network can be paused it is not a decentralized network.

@Saifedean on bitcoin Etherium is a scam.

@stablekwon
Master of Stablecoin #Luna
Cryptocurrency luna now almost worthless after controversial stablecoin it is linked to loses peg

#Tether CTO @paoloardoino says Algorithmic Stablecoins don’t make sense. Tether Avoiding audits and acting like it’s all backed also does not make sense. What doesn’t make sense is a billion dollar market cap company refusing to release an audit while apparently hold one of the worlds largest commercial paper holdings. NY AG already exposed Tether’s corruption. Game over. What do you guys have backing your coin? Stop blocking FOIA requests. …aaaaaaand still no audit & zero proof of backing for Tethers
https://www.cftc.gov/PressRoom/PressReleases/8450-21

BITCOIN FOR LOCAL BUSINESS PAMPHLET
print it out and use it with anyone
For every transaction you make using fiat, there’s an opportunity to start onboarding more bitcoiners.
You can help the local business you already love and support, adopt a better savings and payments network
You’ll benefit by creating a bitcoin economy for your daily needs, and the merchant will have the security of a superior asset in their balance sheet.
Be patient, friendly, and recognize that a lot of merchants are not ready for the switch yet, but we have to start somewhere.

#btc solves the Fiat ponzi.
No other digital asset accomplishes this.
Most other digital assets are a form of the Fiat ponzi.

The Do Kwon Fails – Terra #LUNA is now at $0.01. It is officially dead. How does a stablecoin become… unstable? It was never stable.

The Terra blockchain was officially halted at a block height of 7603700.https://t.co/squ5MZ5VDK

Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.

— Terra 🌍 Powered by LUNA 🌕 (@terra_money) May 12, 2022

Q. What’s that beep beep beep noise?
A. #Bitcoin maxis everywhere backing up the truck.

The Terra blockchain was officially halted at a block height of 7603700.
https://lcd.terra.dev/blocks/latest
Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.

terraluna is filled with posts about suicide.
Good reminder to not shill shitcoins because of the hype.
You can really wreck someone’s life because they think you’re some financial guru when you’re actually more of an influencer for shit posting and trolling.

~ same footprint.
~ same noise.
~ same power requirements.

Mining #bitcoin @ home is not a crazy idea — it’s an inevitability.

Shanghai High People’s Court has declared #Bitcoin to be a virtual asset protected by Chinese law.

Elon Musk is seeking to scrap his Tesla, $TSLA, margin loan with new Twitter, $TWTR, funding.

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes
SEC is investigating Tesla CEO for tardy notification after buying 5% of Twitter’s stock; FTC has separate probe under way of purchase reporting
https://www.wsj.com/articles/elon-musks-belated-disclosure-of-twitter-stake-triggers-regulators-probes-11652303894