![Obi Nwosu π
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Obi Nwosu π
@obi
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@fedibtc (we're hiring! https://t.co/nr0UVFy9Sh) @fedimint π β @btrustteam @finneyprize @GridlessCompute β #Community #Freedom #Bitcoin
Bitcoin. Fedimint. Lightning.
Joined March 2007
#Bitcoin has made me more:. - careful with my time.- patient.- stoic.- minimalist.- healthy.- honest.- analytical.- grateful.- anti-consumerist.- thoughtful.- holistic.- detail-oriented.- globally-minded.- long-termist. Bitcoin evolves our minds as much as our money.
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In 2021, #Bitcoin will be 12.5 years old and has risen from $0.0025 to over $9000. In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant moneyβonly 4X longer than the age of BTC!βand has devalued 95% due to inflation. Do the math.
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@jack @actuallyCarlaKC @ihate1999 @ojomaochai Thanks @jack and the team. Super excited to be a part of this vision, organisation, and mission. and to finally be able to talk about it! π.
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#Bitcoin is now over 100x more valuable than #BitcoinCash. I.e. Bitcoin Cash has lost 99% of it's value against Bitcoin since it forked away and is no longer in the top 10 cryptos β and this is by far the best performing fork of Bitcoin.
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Everyday we're Orange Pilling. Today Portugal, tomorrow the world. @FossGregfoss @LawrenceLepard @knutsvanholm @JeffBooth @thetrocro @andreloja #Bitcoin
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Welcome to the first #Bitcoin Frontier Town π. Built on 4 key parts like old frontier towns but immensely better:. - Energy: Hydro/Solar vs Coal/Oil.- Mining: Bitcoin (@GridlessCompute) vs Gold.- Secure Custody: @Fedimint/@fedibtc vs Banks.- Connectivity: Internet vs Railroad
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#Bitcoin is now legal tender. History has been made. September 7th, 2021 is #BitcoinDay . Congratulations everyone!. Now let's get back to building on #Bitcoin ππ.
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Finally get to share that @fedibtc is ready to really push adoption of #Bitcoin, lightning, and @fedimint !. Thank to all our investors. Let's bring Bitcoin to billions!.
Super proud to be a part of what this amazing team is bringing to #Bitcoin and the world. Congrats to @obi @_JustinMoon_ and the entire team at Fedi!.
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Honoured to have @BarackObama, IMHO the funniest and smartest POTUS, as a Twitter follower and hope that he and the Obama family joins me on the the road to #Bitcoin Hegemony (if they haven't already!)
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I'm super excited to announce @fedibtc!. @EricSirion @_JustinMoon_ and I are working with an incredible group of passionate Bitcoiners, freedom defenders, and investors to bring global scale privacy preserving Bitcoin custody to anyone anywhere. Please join us on our journey!.
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Introducing Fedi, the global Bitcoin adoption technology. I write about how @fedibtc β the innovation @EricSirion, @_JustinMoon_, our team, and I are now focused on β came about, and why it will profoundly impact billions of people. via @bitcoinmagazine.
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A major upgrade to #Bitcoin took a significant step towards going live today. The new Schnorr/Taproot consensus functionalities will add increased smart contract functionality and improved privacy, making Bitcoin an even better digital store-of-value.
BREAKING: The implementation of the Schnorr/Taproot consensus rules has been merged into #Bitcoin Core. The upgrade's activation method has yet to be determined. @ecurrencyhodler reports.
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Finally happy can announce that @Coinfloor will be focusing on #Bitcoin, the world's leading cryptocurrency, from the 3rd of January which is also it's 11th Anniversary!. @nic__carter @Excellion @lopp @adam3us @coinscrum @saifedean @BTCVIX.
JUST IN: @Coinfloor, the U.K.βs longest-running cryptocurrency exchange, plans to delist ether ($ETH) and bitcoin cash ($BCH) next month to focus solely on bitcoin ($BTC). Report by @IanAllison123
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The @btrustteam (@ihate1999 @ojomaochai @actuallyCarlaKC @obi) and @jack finally together in person!. Onwards and upwards πβπΎ. @AfroBitcoinOrg
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With @carlostoriello @floreathaiku @ericyakes @MWietersheim @IBEX_Mercado @MyfirstBitcoin_ at the newly unveiled "Hal Finney" cafeteria in Pacheco school, El Salvador graduating 60 students for the excellent Bitcoin Diploma initiative!. Many learning for @fedibtc to take forward.
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Only #Bitcoin has bandwidth reserved on orbiting satellites dedicated to supporting its use as a global money. The same can not be said for any other crypto or fiat currency. Another reminder that every day, #Bitcoin just gets more dominant, more entrenched, and more robust.
We're excited to announce #BlockstreamSatellite 2.0. This major update includes a new transmission protocol, more bandwidth, a larger coverage area, & the much requested ability to sync a #Bitcoin node from the genesis block up to the latest block. π‘π°οΈ
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#Ethereum current supply: unknown.Ethereum future max supply: unknown. #Bitcoin current supply: known.Bitcoin future max supply: known. As a Store of Value, I know my choice.
ETH supply drama timeline:. Eric Wall claims ETH maxis are more articulate and refined than Bitcoiners. ETH maxi points to Etherscan when asked to provide total ETH #'s. Pierre requests script for self-verifying. ETH maxi says it's too trivial to do / feature bloat (???). 1/.
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The ESG anti-Bitcoin mining narrative will be debunked. Projects like @GridlessCompute will demonstrate that Bitcoin mining is not wasteful but is in fact essential for accelerating our renewable energy mix transition and the formation of #Bitcoin frontier towns. 4/6
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We've been brainwashed from birth by fiat monetary education to believe:. Usury = safe.Inflation = inevitable.Bank-custody = ideal. #Bitcoin gives us a profound and common sense alternative where:. Usury = risky.Inflation = impossible.Self-custody = ideal. Make the right choice.
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@VitalikButerin @maxkeiser Really?. Certainty, slow and careful change, consistency, and track recordβthis is what sets #Bitcoin apart from every other cryptocurrency. This is in stark contrast to Ethereum and all other protocols. For clarity on where you appear to not get this, follow the blue arrow:
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@LynAldenContact Have you considered the prospects for adding bitcoin, lightning, or layer 3 bitcoin payments to the upcoming "AI wave" of start ups?. Seems like these are the only viable monetisation options for any global scale consumer facing AI service. More here:.
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Breakfast with Congressman @RonPaul, @CaitlinLong_ and others at #Consensus2019 - topics covered included personal liberty, non violent market based competition, and of course #Bitcoin. :-)
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Give us a follow, share feedback, keep us accountable. The @btrustteam are committed to transparency, and will be sharing our updates through this account.
You can follow progress of the board here: @btrustteam βπΌ.
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Today, @Coinfloor has recorded it's all time highest price for #Bitcoin in GBP since its launch 7 years ago. Onwards.
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Everyone will see that decentralised apps work best with #Bitcoin. @TBD54566975, Holepunch, and @fedimint will prove that advanced decentralised apps supporting LN and BTC can be built without needing a new token while also reducing the effort to create and use them. 5/6
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I chat with @ck_SNARKs about:. - Sovereign custody as the next #Bitcoin grand challenge. - "Zero-to-one" entrepreneurship. - Governments as the best Bitcoin educators. - Why Africa and the "Global South" will gain most from the growth of Bitcoin.
Listen to the entire conversation about solving hard problems in the Bitcoin space and why he is diving into the problem of self custody.
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Whether it's a group, village, corporation, or other form of human organisation, freedom technologies like bitcoin can empower communities everywhere. Looking forward to contributing!.
Excited to share the agenda for the upcoming #Bitcoin & #Lightningβ‘οΈ for Corporations conference hosted by @MicroStrategy in Orlando May 3-4. Find out from the experts why Lightning is emerging as the open protocol for secure transactions worldwide.
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Beyond the incredibly inspirational @OsloFF #OsloFreedomForum, here's even more evidence that Oslo is so forward thinking that they've already skipped #BTC and have jumped straight to #sats!
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With @Machankura8333, @whiteafrican, @femilonge, and Jorn at @MESTAfrica with some of the future #Bitcoin lionesses and lions. We took a quick break from the amazing @AfroBitcoinOrg to meet these super talented young entrepreneurs and talk about @fedibtc and Africa! πβπΎπ¦
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Where do major crypto challenger coins like EOS (Block One) and Tezos store the money made from people investing in their Bitcoin beating blockchains?. In #Bitcoin of course.
The Bit Digital, Inc. [NASDAQ:BTBT] added @ 949.5 BTC. The Tezos Foundation [private] added @ 24,808 BTC. Total 785,999 BTC (3.74%)
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@lightning Incredible! Major Taro and @Fedimint news within moments of each other!. Excellent! LFG! ππππΎπ.
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The Establishment will overreact. Some regulators and TradFi will impose misguided regulation in response to the failure of various altcoins and (ironically) financial institutions β accelerating the move to #Bitcoin, the one truly censorship resistant financial technology. 2/6
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Ray Dalio - #Bitcoin convert in 26 days. 12/11/20: "I don't think [Bitcoin] will succeed in the way people hoped it would.". 17/11/20: "I might be missing something about Bitcoin.". 8/11/20: "[Bitcoin] over the last ten years established itself as a gold-like asset alternative.".
In a Reddit AMA, Ray Dalio stated that #Bitcoin "over the last ten years established" itself as a "gold-like asset alternative.". @n1ckchong reports.
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One day soon, weβll see nations and central banks investing in #Bitcoin and the Bitcoin network: to protect what is destined to be the first truly independent world reserve asset.
OPINION: Instead of Mutually Assured Destruction, the biggest deterrent to a hostile economic takeover will be Mutually Assured Consumption: not an arms race, but a deadlocked competition to mine more Orange Gold than the enemy. via @obi.
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Both transform the local economy/community but #bitcoin frontier towns have many advantages over old frontier towns:. - They power the only censorship resistant global monetary network thereby empowering everyone everywhere.- More decentralised.- More sustainable.- and much more!.
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Thank you @franfinney, @gladstein, and the @HRF for entrusting me with the selection of the upcoming Finney Freedom Prize awardees. It's an honour to be one of the initial judges and I'm excited to help highlight some of most deserving freedom defenders of our time. ππΎ.
Today HRF launches the Finney Freedom Prize to honor Hal Finney, a champion of privacy, open-source software, and electronic cash. The 1 BTC award celebrates those who do the most for Bitcoin and freedom each halving era. Let it inspire many more HalsβοΈ.
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DeFi is. DeFinitely fractional reserve banking. DeFinitely not a new financial revolution. DeFinitely repeating the same mistakes. DeFinitely will fail. Solution: Stack sats on #Bitcoin.
LATEST: The amount of $DAI deposited on @compoundfinance skyrocketed by more than $140 million on Thursday β somehow exceeding the total amount of $DAI in existence. @BradyDale reports.
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If you go deep enough, you eventually realise that #Bitcoin Maximalism is the only rational sustainable viewpoint.
With apologies to @nic__carter, #Bitcoin Maximalism is alive, well & necessary. My latest for @Forbes .
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Bitcoin exchange's like @Coinfloor were clearly the first to store their cash reserves in #Bitcoin. Non-Bitcoin companies are increasingly doing the same thing which just shows that it will be enterprise, not nation states, that will lead the way in terms of monetary innovation.
Another satisfied customer of The Bitcoin Standard decides to upgrade their company's cash reserves to join the twenty first century!
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@LukeMikic21 @ericyakes @camilacampton @realmaxkeiser @stacyherbert and of course @carlostoriello!. "#Bitcoin es para todos. #Bitcoin es para ustedes"
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Myth: Bitcoin increases emissions.Truth: Bitcoin reduces emissions. Another #Bitcoin myth debunked.
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Finally, new site live Making #Bitcoin Buying Boringβ. @nic__carter.@Excellion.@stephanlivera.@giacomozucco.@FriarHass.@bitstein.@pierre_rochard.@MartyBent.@oscpacey.@jimmysong.@hodlonaut.@BitcoinErrorLog.@StopAndDecrypt.@PeterMcCormack .@saifedean.@Nind.
JUST IN: @Coinfloor exchange, which dropped ethereum to focus solely on bitcoin, is launching a simplified buying service for crypto newbies. @IanAllison123 reports
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Chat AI companies will disrupt Search by achieving Google's original goal of returning only one result with increasing accuracy. But they will have to switch from advertising to pay-per-use revenue models. At a global scale, #Bitcoin will be the only viable payment option. 2/5.
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#Bitcoin, its payments, buying, custody, and education must be "3D":. - Decentralised.- Dematerialised.- Deidentified. When Bitcoin is 3D, a billion people can and will learn, buy, secure, hold, use, and educate about Bitcoin, sats, and monetary freedom in months not years.
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Many #Ethereum supporters don't know this ETH pre-history and are unaware of various details of how Ethereum is operated. This is understandable. But many ETH advocates know about this, the subsequent u-turns, and inconsistencies and remain fans. This is harder to understand.
@factcheckmypost @WhyFlight @obi @maxkeiser @VitalikButerin @DanLarimer can confirm I witnessed this pre-eth vitalik "quantum-computer simulatation mining" scam 1st hand at a small 2013 conference in amsterdam. I debunked the comp sci illogicality and impossibility of the claim. did succeed in talking some investors out of parting with their bitcoin.
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Thank you @EttoreRossetti!. What's most exciting is our shared focus on actual proof of work on the ground. @SavetheChildren and @fedibtc will work together, iterate, learn, and iterate, until we have a solutions that empowers communities and children around the world. βπΎπ
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Excited for our new #bitcoin cash transfer pilot & partnership btwn @SavetheChildren & @fedibtc. Around the world, children's futures are at risk. @SavetheChildren believes #bitcoin and the #blockchain can be a force for good & for economic inclusion. π.
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The first main net Fedimint transaction had to be at the birthplace of Fedi β HCPP!. We're more focused than ever to bring #bitcoin to billions. ππ.
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@jackmallers @Fiserv @clovercommerce @brewerskettle What's beautiful and underappreciated about the #Bitcoin ecosystem is that a win for one (congrats @jackmallers and @r0ckstardev !) is a win for the entire ecosystem due to our focus on open simple and widely compatible standards and protocols like Lightning.
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The best #Bitcoin wallet UX is the one that stops you getting hacked. (eg. @COLDCARDwallet, @CasaHODL.@unchainedcap, @SparrowWallet). Don't trade security for simplicity.
π If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your password isnβt strong enough, and someone phishes your iCloud credentials, this can mean stolen funds. (Read on π) 1/3.
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#Bitcoin Twitter in actionβhelping educate the Central Banks. More #BTC focused replies to future @ecb, @federalreserve, and @bankofengland tweets will be a growing trend.
Together with President @lagarde, we are joining @UN4Youth and @UNDESASocial on International #YouthDay to celebrate young people and your contributions to policymaking. We want to encourage you to have your say in shaping the future of the euro. Hereβs how β¬οΈ
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Thanks to @WatfordFC and @sportsbetio for the #Bitcoin #football shirt. @Coinfloor and Team #Bitcoin are ready to compete in the #CryptoCup as soon as it is ready to kick off!βπΎ
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I'd love to see the creation of price-locked bitcoin (pleβΏs). Not stablecoins, users lock up a given USD (or other) price worth of BTC and get back the same price worth of BTC some time later (within limits). eg. $21 pleβΏs in -> $21 pleβΏs out. So #Bitcoin start to finish.
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Great catching up with some of the old @Coinfloor team while in London for @advbitcoin! π
ππΎπ. Glad to see everyone is doing so well and still spreading the #Bitcoin message!
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We'll bring it back better on #BTC.
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Finally back from a hectic few days with @jack @moneyball @nduku_jay @milessuter @brockm @TempletonThomas after the incredible @AfroBitcoinOrg (props again @Farida_N!). Excited to see how @blocks and #Bitcoin mining help @GridlessCompute accelerate rural Africa electrification!.
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