Satoshi Nakamoto did 4 critical things to ensure the immaculate conception of #Bitcoin. 1. He did not award himself or any insider any pre mined tokens. 2. He published a headline from a newspaper of the previous day in the genesis block to prove that there were no secretly pre mined blocks. 3. He didn't spend a single #Bitcoin of the $1 Million #Bitcoin that accrued to his public address. 4. When he realised he might have the spotlight as the lead #Bitcoin developer, thereby potentially creating the perception of overarching influence, he simply, left. No event, no drama. No horse and pony show or signalling of virtue. He just removed his name from the website, handed #Bitcoin over to the other developers, and left, never to resurface (in any meaningful way). I have spent thousands of hours studying #Bitcoin, and Satoshi's selflessness and clairvoyance continue to astonish me. What he did is simply inconceivable and unimaginable. I get emotional even thinking about it. Satoshi. The man. The myth. The legend.

@Kxshav_98 🤣

RT @elonmusk: Milton Friedman was spot on

RT @chetan_kaul: @Tusharufo2 Completely agree. Most Indians are completely economically illiterate and think the solution to everything is…

Notice the mix of silence, boredom and bearishness on the short term price of #Bitcoin ? These are exactly the circumstances that precede each local price rip.

Completely agree. Most Indians are completely economically illiterate and think the solution to everything is government intervention. This childish notion that wages can be artificially increased through government diktat is further evidence of lack of critical thinking and basic economic understanding. You need only think for a few minutes to understand what an incredibly stupid idea minimum wage is, it’s a tool for rhetoric appeasement. It doesn’t actually lift anyone’s wages. It harms small businesses who can’t absorb huge increases in payroll and benefits large corporations who can. thereby creating even bigger monopolies. It dramatically disadvantages unskilled labor who basically become unemployed because businesses will hire skilled labor if they have to pay more. A rs 500 per day minimum wage essentially makes a rs 450 per day wage illegal. Which means a consenting adult willing to work for rs 450 can’t work even if he wants to. He must now starve. It drives prices up because companies have to recover the cost from somewhere, they don’t have Scrooge mcduck money bins. Minimum wage is yet another idiotic idea belched from the rectum of the ‘compassionate LEFT’. The government has no business interfering in voluntary consensual transactions between economic participants.

The Indian Government is reflexively against innovation of any kind. All Governments are against hard money of any kind. They will all bend the knee to #Bitcoin

@ThePlacardGuy What is the battery rickshaw menace ?

@cryptoswoop It would be an XRP account with gay stuff but that’s all XRP accounts so needle in a haystack

@cryptoswoop From my alternate account

@w_s_bitcoin bullish

RT @chetan_kaul: Shitcoiners are having amazing growth in followers on X vs #Bitcoin maxis. I’m thinking of creating a second account wher…

@pubnarrative_ @IndianTechGuide to reach areas that Jio, airtel and vodafone wont cover

@R197071817 @UnSubtleDesi What the actual fuck

@Belletristius He has produced so many. So I was curious which one she was referring to.

The Myth of Price Stability: These days you can take any idiotic idea and reframe it with a few nice sounding buzzwords like ‘equal’ or ‘stable’ or ‘fair’ and most people while buy it hook line and sinker. Take for instance the idiotic assertion that we need ‘price stability’ in an economy and in order to achieve said price stability (which is obviously a good thing because it has the world ‘stable’), we need Government and central bank intervention. The basis of a free market economy is that price signals contain crucial information about changes in demand which allows market participants to make economic calculations and align production accordingly. By creating fake engineered ‘price stability’ you are distorting those crucial market signals thereby creating inefficiencies and malinvestment. But more importantly, there are only 2 ways to create price stability, and they are both extremely undesirable. ➡️ By manipulating the currency such that you counter act the natural deflationary force of the market by printing a corresponding amount of money to keep prices in perpetually equilibrium (this is practically impossible to do and is usually just an excuse for central banks to over shoot price stability and create inflation). For example, if currency is neutral, prices would fall by 2-3% each year through productivity gains and competition. For some insane reason, you want to save the public from the horrors of lower prices so you print a corresponding amount of money (2-3%) and to keep the prices at the same level; thereby essentially reversing the benefit of productivity gains four the public. ➡️ Through economic stagnation. If the currency supply remains fixed and unmolested by central banks, then the only way for prices to remain the same is if productivity is stagnant. In an economy with inelastic fixed currency, the only way for prices to remain the same is if productivity growth is 0. You know what’s better for people than stable prices ? Prices that keep going down. Which is exactly what free markets deliver when governments stop fucking with the money by constantly debasing it.

@zhoutonged500k I did sir. Every word on my timeline is mine :)