Bit Paine ⚡️(@BitPaine) 's Twitter Profileg
Bit Paine ⚡️

@BitPaine

#Bitcoin is the separation of Money & State “#bitcoin expert.” GP, Vibes Capital Management

ID:1441450123263832071

calendar_today24-09-2021 17:11:24

30,5K Tweets

28,9K Followers

6,1K Following

Bit Paine ⚡️(@BitPaine) 's Twitter Profile Photo

Put differently: a miner verifies a block out of self interest; if he mines an invalid block, the network rejects it, and he has lost resources on the work done.

The nodes verify the block out of the interest of the network - to keep miners honest.

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Troy Cross(@thetrocro) 's Twitter Profile Photo

Only in bitcoin does an industry cheer a halving of its own revenue… and at the same time, again paradoxically, boo its own windfall of sh*t coin fees, and simultaneously get magically rewarded by price increases for something everyone saw coming. What can you do but laugh?

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Alex Gladstein 🌋 ⚡(@gladstein) 's Twitter Profile Photo

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 Hals✌️

finneyprize.org

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Bit Paine ⚡️(@BitPaine) 's Twitter Profile Photo

As of today (4/20/24, Block 840,000).

6.25% (1.31M ) of the supply is left to mine.

⏩️3.125% (656k ) of this will be mined within the next 210,000 blocks (~4y, 2024-2028).

⏩️1.563% (328k ) of this will be mined within the subsequent 210,000 blocks

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Eric Abbenante(@EricAbbenante) 's Twitter Profile Photo

Bill Maher's ending monologue on children being 'entrapped' into Gender Identity politics was one of his best ever:
'Contrary to current progressive dogma: Children aren't miniature adults wise beyond their years, they're morons. They're gullible morons who'll believe anything

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Bit Paine ⚡️(@BitPaine) 's Twitter Profile Photo

It’s crazy how quantitative hardening makes my money worth more and the Fed is out here denying that quantitative easing makes their money worthless.

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Matthew Yglesias(@mattyglesias) 's Twitter Profile Photo

Pretty persuasive John Burn-Murdoch evidence that growing vehicle size is not the cause of America’s uniquely bad pedestrian safety situation.

ft.com/content/9c936d…

Pretty persuasive @jburnmurdoch evidence that growing vehicle size is not the cause of America’s uniquely bad pedestrian safety situation. ft.com/content/9c936d…
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Steve Barbour(@SGBarbour) 's Twitter Profile Photo

When fee levels are abnormally high miners are incentivized to switch to the largest pool to ensure they get a piece of the action (ignoring FPPS pools, of which the operator instead is at much higher insolvency risk w/ poor Luck, so the opportunity cost is just masked and shared

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Casey(@rodarmor) 's Twitter Profile Photo

reminder to all the degens: runes, ordinals, and inscriptions are a fun sideshow

bitcoin is the main event

stay humble, stack sats

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Dylan LeClair 🟠(@DylanLeClair_) 's Twitter Profile Photo

fees are so crazy because of a new token protocol that went live on block 840,000 that uses Op_Return called Runes.

It is pure degenerate speculation- there is nothing being promised nor any utility other speculation.

Miners will churn through it eventually.

#Bitcoin fees are so crazy because of a new token protocol that went live on block 840,000 that uses Op_Return called Runes. It is pure degenerate speculation- there is nothing being promised nor any utility other speculation. Miners will churn through it eventually.
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memetic_sisyphus(@memeticsisyphus) 's Twitter Profile Photo

You can quote him cancer rates, other side effects, desistance rates, mental health studies it will never get through because his position is not based on science (although he would claim so). His position is a metaphysical claim about the world that is at odds with any ideology

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Max Keiser(@maxkeiser) 's Twitter Profile Photo

PORTNOY’S COMPLAINT

“I’m not buying at these levels. I don’t believe all this stuff - and I don’t think anyone truly believes - that is good for society”

HFSP, Dave

Dave Portnoy

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