Why can’t people understand Bitcoin maxis?

You could put up $90 in Bitcoin as collateral on Coinbase every month, take out a $27 loan at 5%, and use that to pay your Netflix bill.

The smallest about of virtual bytes (vBytes) a Bitcoin transaction can have is 110 vBytes…. The 110 vBytes are broken down into three distinct parts: _________________________________________ 1. Transaction Overhead Every transaction requires a baseline "envelope" of data so the network knows how to process it… • Version Number (4 bytes): Tells the network which rules to use. • Input Count (1 byte): States that there is exactly 1 input. • Output Count (1 byte): States that there is exactly 1 output. • Locktime (4 bytes): Usually set to ⁠0⁠ (means process immediately). • SegWit Marker & Flag (0.5 vBytes): Tells the network that this transaction includes SegWit witness data. _________________________________________ 2. The 1 Input (~68 vBytes) To spend your 1 BTC, you have to prove it's yours and point to where it currently sits. • Previous Outpoint (36 bytes): This includes the 32-byte Transaction ID (TXID) of how you originally received the Bitcoin, plus a 4-byte index number pointing to your exact UTXO. • Sequence Number (4 bytes): Used for features like Replace-By-Fee (RBF). • The Witness Data (Signature) (~28 vBytes): This is your cryptographic signature and public key proving ownership. In raw data, this signature is about 107 bytes long. However, because you are using Native SegWit, witness data gets a 75% discount, meaning it only counts as roughly 27.5 vBytes (107 \times 0.25).  _________________________________________ 3. The 1 Output (~31 vBytes) This is the instruction manual for locking the Bitcoin up at its new home (your hardware wallet). • Amount (8 bytes): The amount of Bitcoin being sent, recorded down to the exact Satoshi.  • ScriptPubKey Length (1 byte): The size of the locking instructions. • Locking Script (22 bytes): The cryptographic puzzle created from your new hardware wallet's address (⁠bc1q...⁠). Anyone who wants to spend this coin in the future will have to solve this specific 22-byte puzzle. _________________________________________ The Final Math: 11 (Overhead) + 68 (Input) + 31 = 110 vBytes —> If you added a second output (a change address) like in a standard transaction, you would have to add another 31 vBytes for the second locking instruction and amount, instantly bumping your transaction size up to around 141 vBytes. _________________________________________ Now let’s say you have more UTXOs in the transaction. Let’s go with 10 inputs & 2 outputs… The transaction would have 753 vBytes. • Each additional input adds 68 vBytes (68 X 10 UTXOs = 680 vBytes) • The Baseline Frame (~73 vBytes): This includes the transaction overhead (11 vBytes) and the 2 outputs (31 vBytes for the destination + 31 vBytes for the change address). • 680 vBytes + 73 vBytes = 753 vBytes _________________________________________ Why is an input 68 vBytes? Every individual UTXO you drag into a transaction requires two pieces of data to be spent: 1. The Map Reference (40 bytes): 36 bytes to point to the exact old transaction ID and index where the coin is currently sitting, plus 4 bytes for the sequence number. 2. The Key/Signature (~28 vBytes): The cryptographic proof showing you own the private key for that specific UTXO. (Remember, this raw data is actually around 107 bytes, but thanks to the SegWit discount, it only counts as ~28 vBytes).

The smallest Bitcoin transaction you can make is 1 input and 1 output…. This happens when you have only 1 UTXO in your wallet and you send the maximum balance to a new address, leaving no change behind. Most standard transactions actually have 1 input and 2 outputs. When you spend a single UTXO, the transaction creates two outputs. One output goes to the person you are paying, and the other output goes back to your own wallet as change, creating a brand new UTXO. If you have multiple UTXOs in your wallet, the math changes. For example, if you have 8 different chunks of Bitcoin (8 UTXOs) and you want to send a payment, that transaction would require 8 inputs and 2 outputs. Those 8 UTXOs leave your wallet, 1 new UTXO goes to the recipient, and 1 new UTXO comes back to you as change. The fees that miners charge to process your transaction are determined by virtual bytes. Each UTXO input and output takes up a certain amount of data measured in vBytes. Because of this, the more inputs and outputs your transaction contains, the larger the vByte size will be, and the higher the fee you will pay. You can dramatically lower your future network fees and save yourself a ton of Sats by consolidating your UTXOs. To do this, you simply send your entire wallet balance to yourself in a single transaction. If you have 59 UTXOs in your wallet and send them all to your own address, that transaction will have 59 inputs and 1 output. This process completely melts those 59 small UTXOs down into 1 single, clean UTXO. Consolidating like this is a massive fee-saver if you plan to hold your Bitcoin long term. Base-layer fees are expected to rise significantly in the future as block rewards continue to shrink after multiple halving events, making UTXO management essential.

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The Bitcoin Lightning Network has 17,437 nodes and 4,896 BTC ($293.3M) locked into it. That seems small for a global network, but it’s highly deceptive: transactions settle instantly, allowing the same capital to be recycled millions of times over.

The smartest thing the system ever did was divide us. They weaponized our differences so we would spend all our energy hating each other, completely blind to the fact that they are looting the world right out from under us. While we are busy fighting culture wars and partisan battles, a small cabal of elites sits at the top running a fiat printing press. Think about the sheer math of it: if you have the power to print endless money out of thin air, you can buy absolutely anything. * You can buy any politician. * You can buy any judge. * You can buy any authority figure or institution. As long as this fiat system remains intact, systemic corruption is inevitable because everyone has a price. The most tragic part? We’ve been conditioned to hate our neighbors more than we hate the blatant reality of this rigged system. The real game isn’t this vs that. The real game is a group of roughly 200 main people at the very top who control the entire global infrastructure through the monetary system, doing whatever they want, whenever they want, entirely at your expense.

Looks just like my dog

I try my best to be positive

Only other way to pay for it is to tax you 90%. So instead they just inflate your wealth away instead. Much easier that way. The dollar has lost 99.9% of its value since the federal reserve was created. Stealing the working class’ time, effort, and wealth to fund wars to steal resources. Because if we don’t do it another country will. Human nature’s to be safe is so profoundly strong that we will give up everything for it. We’ll work our entire lives and give up everything we work for because of fear of the other guy taking it instead of inflation. If humans didn’t have easy money, if we didn’t have fiat, and we actually had to use resources or money that needed to have proof of work to come into existence, no country could afford endless wars. Human nature desire to be safe and fear of other humans creates fiat which in turn creates endless inflation. With the invention of Bitcoin you can now own a money that can’t be debased or inflated. Bitcoin will go up forever because fiat will go down forever. Save your time, energy, and wealth by investing into the hardest money ever discovered. Backed by energy, math, and an impenetrable network!

Why?

My Bitcoiner friends are way cooler than your fiat friends!

The cost of sending Bitcoin at 9 A.M. vs 9 P.M. PST on a Tuesday: 🟧 9 A.M. PST — 2 to 3 sat/vB (approx. $0.09 – $0.22 total) 🟧 9 P.M. PST — .5 to 1 sat/vB (approx. $0.04 – $0.09 total)

Just bought some bitcoin on Father’s Day!

They made their wealth. I’ll take their Satoshis

It could. But I wouldn’t say anything for certainty

Time to buy!

Nice added context! Thanks