Terence Michael (@proofofmoneyx) 's Twitter Profile
Terence Michael

@proofofmoneyx

Book 📚"PROOF OF MONEY" Hollywood. Real Estate. BTC Vids « *(see HIGHLIGHTS tab) BTC help thebitcoinadviser.com/terence

ID: 3086777340

linkhttp://linktr.ee/terencemichael calendar_today15-03-2015 20:37:35

648 Tweet

24 Followers

627 Following

Loren ₿ ⚡️🧡 (@lorenhodl) 's Twitter Profile Photo

🚀 Bitcoin Today delivers! 🎉 You asked for a one-stop hub for ALL our X Space recordings, and we’ve got you covered! 📻 Check out every episode @bitcointoday__ 🔥 Massive thanks for your suggestions! 🙌 Follow, repost, and join the #Bitcoin revolution.

Terence Michael (@proofofmoney) 's Twitter Profile Photo

Bitcoin is a "chain of digital signatures." This is how Satoshi defined Bitcoin in the white paper. To give you my $100 bill, I have to hand it to you with my fingers. So my fingerprint is on the bill that you receive.

Bitcoin is a "chain of digital signatures."

This is how Satoshi defined Bitcoin in the white paper.

To give you my $100 bill, I have to hand it to you with my fingers. So my fingerprint is on the bill that you receive.
Terence Michael (@proofofmoney) 's Twitter Profile Photo

All of these unique "fingerprints" (digital signatures) get blended in with the recipient's hand (receive address) along with the amount of the bill (the transaction). This is a hash - an irreversible, mathematical blend (like potatoes becoming HASH browns).

All of these unique "fingerprints" (digital signatures) get blended in with the recipient's hand (receive address) along with the amount of the bill (the transaction).

This is a hash - an irreversible, mathematical blend

(like potatoes becoming HASH browns).
Terence Michael (@proofofmoney) 's Twitter Profile Photo

Now remove the physical $100 bill. That's Bitcoin. Each Bitcoin is a growing ledger that chains every signature prior to you receiving it all the way to the very block it was mined. A Bit(coin) is really an accounting statement.

Now remove the physical $100 bill.

That's Bitcoin.

Each Bitcoin is a growing ledger that chains every signature prior to you receiving it all the way to the very block it was mined.

A Bit(coin) is really an accounting statement.
Terence Michael (@proofofmoney) 's Twitter Profile Photo

Every Bitcoiner I know wants to build. Every. Single. One. They are hungry and passionate about solutions, improvement, and life. Where are the Bitcoiners who critics say don’t do anything but sit on Bitcoin? I haven’t encountered them.

Terence Michael (@proofofmoney) 's Twitter Profile Photo

Only 32 people (or entities) can ever own as much Bitcoin as Strategy. Remove 4 million Bitcoin due to inaccessible keys and you’re down to 26 other users.

Only 32 people (or entities)
can ever own as much Bitcoin as Strategy. 

Remove 4 million Bitcoin due to inaccessible keys and you’re down to 26 other users.
Terence Michael (@proofofmoney) 's Twitter Profile Photo

So Tether $USDT can finally operate on Bitcoin rather than Ethereum or Tron. Whether you like stablecoins or not, this is huge. And I believe this will accelerate Bitcoin adoption in a meaningful way. (short thread) 🧵👇

Terence Michael (@proofofmoney) 's Twitter Profile Photo

With hundreds of billions in USDT used world-wide, this brings users one step closer to Bitcoin's ecosystem. Those users can now have Bitcoin wallets rather than ETH or TRON. Tether on Bitcoin via RGB doesn't harm Bitcoin's decentralization or utility as money👇

Terence Michael (@proofofmoney) 's Twitter Profile Photo

Again, whether you like/want stablecoins or not, they are here. They are happening. And a stablecoin using RGB at least respects Bitcoin's design as money to its base layer. Let others do what they want... if it doesn't centralize or add risk to Bitcoin 🛑