Derek Seaborn
@derek_seaborn
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Society’s ills are downstream of fiat currency - Discussing Bitcoin’s implications for freedom and prosperity - Running #Bitcoin since 2019 ⚡️
🇨🇦
Joined July 2023
“Bitcoin miners solve complex math problems in attempt to find the next block”. The complex math problems:. Is 000000…e313189 a valid hash?.- No.What about 000000…2f052f4?.- No.000000…9744976?.- No. They’re just guessing. trillions of times per second.
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If I was Satoshi,. and I originally planned to never spend any of the #bitcoin I mined,. the temptation would’ve become too much, even as early as 2013. By 2017, my ego would’ve been insufferable. Same is true for you. Satoshi’s humility is/was truly incomprehensible.
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I bought #bitcoin before the halving, still not rich. I stopped eating junk food this morning, still not fit. What gives, Bitcoiners?.
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If you and your friends each put a $20 bill in a pot, mix it up, and then each chose a bill at random, you are obviously a criminal.
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Can someone check if the tulip mania lasted for 15 years and repeatedly hit new all time highs after several major drawdowns like #bitcoin?. Or has this been an invalid and moronic comparison for 10 years?.
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@APompliano The fact that every crypto scam does not outperform bitcoin over the longterm indicates that we’ve been “proven wrong by the market”? . So called “blockchain technology” is a grift to enrich scammy folks like you.
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If I repeatedly said to “get to 1 #bitcoin”, would that help you increase your stack faster?. What if I was stuck up, arrogant, and elitist about it?.
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@jvs_btc It’s such a stupid question because after you send it to your own self custody wallet, you can send it wherever you want without telling them.
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@PeterSchiff @primary3down In other words, your claim is that bitcoin has no value until *everyone* uses it as MoE. Insightful stuff.
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@TrungTPhan Most people had never heard of iron man, the character. I was recording “Iron Man: Armored Adventures” in 2007, I think, and my family knew I was working with Marvel but couldn’t guess the character of the show (Marvel swore us to secrecy). Iron Man was unknown.
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@BritishHodl Why not 1.01 BTC? Why not 2.0? What makes 1 BTC so significant?. People should simply store their money in bitcoin. For some, 1 BTC is completely out of reach; for others, 1 BTC is not nearly enough. The “get to 1 BTC” is just unnecessary unit bias.
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I casually mentioned to someone that #bitcoin is almost 100k CAD, and her jaw dropped. Most think it still hasn’t recovered from the summer 2022 crash. When will they wake up to it?.
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@APompliano You’re right, they work great at enriching VCs and scammers like you at the expense of naive retail buyers. Congrats.
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@roryhighside Yeah, that’s certainly possible. The idea of spending 2+ years creating the new world monetary system for zero recognition or personal gain is unfathomable to me. I hope this remains one of the greatest mysteries of all time.
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Virtually every Bitcoiner has read The Bitcoin Standard, yet so many sleep on @saifedean’s top-tier #Bitcoin podcast. It’s always worth a listen. Another great one today with @LukeGromen.
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If you’re not raising 8 children and allowing them to battle with medieval weapons, are you really doing your job as a parent?. A cool thread:.
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I think this may be one of @Breedlove22’s most convincing orange pill monologues yet. As he discusses the historical and political significance of money, he certainly leads the horse to water. Excellent interview by the 🥩👨⚕️ @SBakerMD. #Bitcoin.
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@dotkrueger The vast majority of the lost bitcoin are either from centralized honey pots like Quadriga or from the early years when they had little to no value and no easy options to store it like today.
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If you had a formula that could magically predict the future price of #bitcoin,.would you. - Use formula to get rich OR.- Tweet/make videos to convince others of its validity. Aladdin didn’t need to convince people he had a magic lamp because he had a magic fucking lamp.
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Who wants to start a #Bitcoin podcast with me where we talk to the most average of all Bitcoiners?. We’ll provide zero market/macro analysis, ignore all charts, and discuss no BIPs. We’ll just joke around and get to know plebs. Bitcoin will be secondary.
Exactly. And also one podcast per beetcoiner is mandatory.
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@SasquatchMuscle “Only 40 coins available for OTC” is absolute nonsense. That’s why. New coins are always available. There are always sellers.
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Satoshi just woke up one day and said,.you know what, fuck this. I’m devoting the next 10 months to developing a decentralized digital currency that the state can’t debase. Then he actually did it. And it worked. Still blows my mind. #Bitcoin.
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#Bitcoin’s price crashed so hard we’ve lost 2 entire days of gains. We’re now up only 142% in the last 6 months. I hope you’re all okay. Thoughts and prayers 🧡.
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@luke_broyles It’s not Blackrock’s bitcoin though. Microstrategy’s bitcoin is actually theirs.
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I would’ve killed to have one of you psychopaths orange pill me back in 2015 or even 2017. Don’t be shy to talk to family and friends about #Bitcoin at opportune times. You could change their lives forever.
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You can learn everything about economics from people like @saifedean and @LynAldenContact, even if you don’t understand or care about #bitcoin - excellent pod!.
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@JRobertsonMS Thanks for the post. Many of us went through very similar journeys. To anyone who reads this post, be careful not to associate “crypto” with bitcoin. They are not the same.
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No more cringey bird looking guy on boat, please. FFS.
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@JAEbberts I would’ve LOVED this as a kid. So cool. What has been the worst accident/injury so far? The fact that they’re trading and developing more than just physical skills is brilliant.
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If you hold/stake ETH, you’re voting for a monetary system that. - is controlled by a centralized group .- had an unethical initial distribution (premine).- achieves “consensus” by enriching and increasing the power of the largest holders in perpetuity. Enough said. Vote #Bitcoin.
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I was pumped to see @KenDBerryMD collaborate with @saifedean - excellent discussion on the corruptive collision of health and fiat. It’s definitely worth a listen!. These two have had a massive impact on my life over the last 4 years. #Bitcoin #fiatfood.
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@colemccormick1 @LukeMikic21 Mining pools are not single entities. They are the collective hash rate of distributed miners. The pool is just a way to split the block subsidy and fees. If a pool operator chose to behave stupidly, the miners would immediately point their hash elsewhere.
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@francispouliot_ Was sad to see this email, but we understand what you’re up against. We appreciate everything you do for #bitcoin 🇨🇦.
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@BitPaine @Bitcasinoio The distinction here is using Bitcoin to gamble vs using bitcoin to gamble. Both use transactions, sure, but creating degen shit ON the Bitcoin network is different than using bitcoin as a medium to gamble, buy drugs, etc.
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@MDBitcoin I really liked the series “severance”. If ou haven’t watched it, I could see it being right up your alley: it’s cerebral, mysterious, philosophical, a little kafkaesque. Watch only if you’re in that kind of mood, but definitely watch if you are.
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I’ve made some major mistakes in my life, some forever painful to think about. #Bitcoin is one thing I’m certain I didn’t fuck up. It’s an anchor in an ocean of .self-doubt,.insecurity,.and fear.
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@rajatsonifnance Savings is not “hoarding”, not ever. They’ll try to tell us that it is, but that’s asinine. Money is just another market good, so you either hold money (bitcoin) or exchange it for a different good/service. Neither is hoarding.
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It’s baffling that the governments can continue to steal from us,. openly through taxation,.and covertly through inflation,. yet people believe adamantly that “greedy corporations” are making us poor. #Bitcoin is the only solution. And THIS is why we’re obsessed.
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Born too late to explore the earth. Born too early to explore the stars. Born in time to be part of the #bitcoin monetary revolution.
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@rajatsonifnance It is FIAT that is exploitative, and most real estate investing is the response to escape that exploitation. Also, not everyone wants to own a home. If no one bought real estate as an investment, it’d be impossible to rent. Bitcoin will demonetize RE to the benefit of renters.
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I’m not the kind of person to say I toad a so,. but ya know what?. I toad a so. I fuckin’ a toad a so. #bitcoin.
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When people start allocating small amounts to #bitcoin,. try not to be an insufferable pos. If they’re comfortable with a 1% allocation, GREAT!. CELEBRATE that with them. Speaking down to them (NGMI, HFSP, GFY, study more, etc.) is not helpful. The only wrong allocation is 0.
@BarbellFi I like real estate and stocks, if someone else doesn’t or doesn’t see the value, that’s cool. My issue with the Bitcoin crowd is that if you say you invest in anything other than Bitcoin, you’re “NGMI”, going to be poor, need to study etc…it’s constant lol.
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@builtbymartink @KobeissiLetter All while claiming (with a straight face) that they’re mitigating booms and busts in the economy 🤡.
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@dotkrueger I don’t care if you or other buy the ETF, but most Bitcoiners will not think that way in a few months or even a few years.
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I used to be able to get my groceries in plastic bags and use those bags for garbage at home. Now I have to bring bags for groceries and buy bags for garbages. Planet saved 🤡.
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I’ve met some amazing #Bitcoin’ers on here in just a few months. We’ve shared memes. We’ve sent DMs. We made snowmen. she touched my leg. If you’re gonna go dark, say bye first?.It’s sad seeing accounts just disappear.
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They’re so insolvent that they’re panicking to find new ways to steal from you. No stupid idea - not even one as retarded as an unrealized capital gains tax - is off the state table. Desperate times.
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@pete_rizzo_ Satoshi was such a humble and honest individual. Craig is an egotistical, fraudulent fool.
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Imagine if Craig Wright had just put his resources towards humbly stacking sats instead of his hilarious attempt to prove he’s Satoshi. #Bitcoin humbles all of us, especially poorly dressed frauds in oversized suits.
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@itechnologynet @jvs_btc I think it’s their last grasp at control of something to which they cannot.
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Arguing about the definition of “#bitcoin maxi”,.a term coined by Vitalik,.is pretty damn stupid.
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I was feeling down on myself,. and then I realized that Satoshi had the courage to take a swing at the most powerful and soul-sucking force in the world: fiat currency. I realize my own challenges are conquerable. Keep at it. #Bitcoin.
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Most of bt has no idea what they’re talking about when it comes to the #bitcoin ETFs. We’re out of our depth here, yet many pretend not to be. Stay humble. Know what you don’t know.
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I met a new #Bitcoin’er today. Why is it that I connected with him faster than I do with those at my own family reunions?. Looking forward to meeting more of you.
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All of @PeterSchiff’s tweets that aren’t about #bitcoin are pretty great. How do I mute a word but only from a specific person? 🤣.
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#Bitcoin could go up 80% in a week, and people would still need explanation “why it’s down” because it drops 2%.
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@CraigShipp @BritishHodl If I tell people to become millionaires, do I deserve any credit whatsoever if/when they do? Absolutely not.
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To all the finance bros debating the definition of “FU money”:. You’re all wrong. The number of months or years of expenses saved is irrelevant if your money can be taken from you at any moment, which it can. You DO NOT have FU money if you don’t own and self custody #bitcoin.
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@AutisticHODL @ryQuant @BritishHodl @ryQuant thank you so much for calling him out. I couldn’t agree with you more. You are extremely based, and your work is top notch. Biggups, mate! Much respect!.
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Truth is, #Bitcoin is a one trick pony,. but this “trick” is the most useful, elegant, and beautiful solution to humanity’s greatest problem.
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@rajatsonifnance It’s cute they think your followers have enough capital to pump bitcoin in any meaningful way (no disrespect to them or you), but if you wanted to make money on your followers, you’d promote a shit coin. We discuss bitcoin because it matters, not to pump our bags.
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Can someone repost Jack’s Satoshi shirt and Biden’s laser eyes a few more times?. We obviously need more of both.
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The two biggest decisions of your life:. 1. Who to spend your time with.2. How to store your time (wealth). Choose people deserving of your energy. Choose money deserving of your energy. #bitcoin.
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In half a day, the #Bitcoin halving will occur in half a day,.halving the block subsidy to half of what it is today.
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@rajatsonifnance I don’t see it as a market inefficiency. I see it as money inefficiency. Fiat money is becoming an increasingly poor store of value, so houses, art, and index funds are used instead. Those assets will demonetize as people realize that bitcoin is the best store of value.
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@Eggplant_Elon @invest_answers He’s been saying crap like this for years. He deleted his last retire on Solana video when the price crashed a couple years ago, not to mention his many vids with Mashinsky.
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@dotkrueger I’m not upset about what boomers. They just did what made sense at the time. I would’ve done the same. And I’ve been buying bitcoin for 5 years.
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@LynAldenContact @PeterMcCormack As always, Lyn Alden bringing unique value to any conversation she engages in. Well said!.
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@BritishHodl Your content is exclusively for those with a net worth of 500k+, yet your message is “get to 1 bitcoin”? People with 500k don’t have to “get to 1 BTC”; they simply have to allocate. Wrong. Whether your net worth is 10k or 10m, buying bitcoin is your best move.
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So, I went to a bbq. I tried my best, but within 20 minutes I was talking about. - the dangers of seed oils/fiat food,.- the real reason for inflation,.- and how #Bitcoin is the only viable path to societal progress. I may be insufferable, but I’m not wrong.
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“CrYpToS are the best hedge against inflation”. No. Crypto is the best way to.- enrich grifters.- fund narrative attacks on #Bitcoin. Bitcoin is the (only) FIX to inflationary money.
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