You are my enemy if you hold bitcoin with a custodian. You are actively destroying the 21 million hard cap.
Beginners often perceive starting a node as more difficult than it actually is. If you're beating around the bush with regard to starting your own node: I implore you it is so easy. To start, just to whet your appetite, take an old laptop, download bitcoin knots and begin syncing the network with a pruned node. This will take you minutes to set up, and will inspire you to go all the way and run a full node (storing the entire blockchain). Even if you don't, your pruned node is better than nothing. I promise it's so so easy and so fulfilling.
Use this weekend to change your core node to knots. The usability of layer 1 depends on it. Layer 1 will be a ghost town in 5 years if you allow core to shit all over it. It will no longer be feasible for plebs to run a node on cheap hardware . What are 85% of you noderunners not understanding?
If you're still running core you are a shitcoiner. Go and play with ethereum.
Love it when the work I do earns me more sats because high time preference cucks bought dollars with their bitcoin 😂😂😂😂😂
You and me both brother!
But strategy keeps buying! How is price going down. If this is you you're a crybaby. ...Because more people bought dollars with their bitcoin than bought bitcoin with their dollars. Simple economics. Try pricing houses in bitcoin, or cars in bitcoin, or holidays in bitcoin, or hardware wallets in bitcoin, or food in bitcoin. You can live in this deflationary world and ignore the dollar if you simply choose to.
You can retire in 1 year! Retire in 5 years! You can retire with 0.0001 bitcoin! How about having the ability to work on something you love.
Adoption is miraculously low. Only 20k-100k bitcoiners worldwide. In case you don't get it, if you don't run a node, you are not a bitcoiner.
Understand that fiat has value only since people value it. Bitcoin is the same, but has a commensurate hardness and tamper-resistant nature. If you think $120k bitcoin is 'expensive'. Realise that even if bitcoin grows in line with inflation, by the time global capital is 4 quadrillion in 2045, bitcoin will be ~500k. This is EXTROADINARILY BEARISH. More likely, its share of the pie is 10x larger (0.2% --> 2%). With global capital at 4 quadrillion, that is a dollar value market cap of 80 trillion, or ~4 million per bitcoin. I would pose to you that this is still BEARISH. It could easily be 5-20% of global capital by then. Making it 10-40 million per bitcoin. Do you understand that measuring in fiat is retarded yet?
Stop reinforcing the system. Listen to every Jeff Booth podcast you can find.
Welcome to BitofBitcoin spacestr profile!
About Me
Bitcoin education and posts to prevent paper hands from swapping Bitcoin for something worth less than sand (fiat).
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