{"id":617345,"date":"2024-04-28T12:51:55","date_gmt":"2024-04-28T16:51:55","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=617345"},"modified":"2024-04-28T12:51:56","modified_gmt":"2024-04-28T16:51:56","slug":"bitcoin-money","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/04\/28\/bitcoin-money\/","title":{"rendered":"Bitcoin Money"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Natural laws <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gaining value over time or <em>LOSING<\/em> value over time?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t engage in no politics<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8 billion people, millions or corporations<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thousands of ideologies<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Bitcoin is the solution for everybody.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How real estate is a good idea<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Coinbase runs a node<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cashapp is a node<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>denying<\/em> transactions?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not all miners are created equal<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hash rate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Economic velocity &#8212; $100M a da.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Increase Velocity<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Litigation?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Developer at binance, cash app<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">How to become a bitcoin developer?<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin energy companies<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Power bitcoin miners<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin banks<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin devices<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitkeys<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin Apps<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First of thousands of apps<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Derivatives<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin derivatives?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Security backed by Bitcoin<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banks are the bridge &#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">..<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What is the point of life?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Health towards the sake of fitness &#8211;&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Just get it!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">**<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regulators<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Half\u00e2\u20ac\u00a6 or everybody using Bitcoin?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Half of 8 billion people?<br>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin is the solution to everybody\u00e2\u20ac\u2122s problem ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Who benefits from mathematics? &#8211;&gt; all of them***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">..<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Number of books written in English?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beneficial to all who use English<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t be censor<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our enemies use English and dollars \u00e2\u20ac\u00a6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Crippled implementations<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ecosystem has to survive<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin is universal money<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Good religions bad religions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Security?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">..<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How to make money &#8211;&gt; accept bitcoin?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Easy come easy go<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tulip Bulbs?&#8211;&gt; 25 meetings for SCC<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We need you<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin backed products<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They\u00e2\u20ac\u2122re all your friends! ***-&gt; will drive up the scarcity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hundreds of billions of economic power and more freedom<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$10M a Bitcoin ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Set up your own government<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">First get the money ***<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Wealthy person supports revolutions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$30B of Apple stock &#8211;120B on the trade &#8211;&gt; Berkshire Hathaway<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$30B of Bitcoin &#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jaime Diamond &#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">*<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price of bitcoin triples<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00e2\u20ac\u0153It doesn\u00e2\u20ac\u2122t seem fair\u00e2\u20ac\u009d&#8211;&gt; everyone else will make trillions of trillions of dollars<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A tide lifts all boats ***<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin is like electricity or internet or WiFi \u00e2\u20ac\u00a6 steam power<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Patient<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unnecessary confrontations<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They will love it one day ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$100B of profits<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Inevitable<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">10,000 hours of screaming<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blackrock and fidelity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All the banks<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Steel and skyscrapers<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jet airplanes<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Everyone is against it before they are for it ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">..<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Everyone will eventually get an iPhone or upgrade to it &#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">**<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">30-40 years<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u00e2\u20ac\u2122s just a protocol which can make your life better and delight everyone &#8211;&gt;<br>Let me just show you how.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is a benefit to you and your constituents<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Galen &#8211;&gt; 1,000 years . Harvey &#8212; blood pumped in heart and pumped back in<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No doctor over the age of 40 will ever believe me &#8211;&gt; the heart pumps blood ***<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Scarcity of money and bandwidth and power &#8211;&gt; scarcity of power<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ultimate conservative network<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Conserve your life force<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">45% compounded annual growth &#8211;&gt; growing 4-5x faster than anything else<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Biggest development in 30 years<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ETF SPY&#8211;&gt; state street buy 500 stocks in sp500 index<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">440B of capital in it &#8212;<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Big breakthrough<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Monetize corporate equity as money<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">30 years<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin is winning<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stable<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">WINNING<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Be hyper hyper conservative<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t do elective surgery to make them 1% better by cutting them open<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">99.9% effective.,, 1\/million times &#8212; you kill 999 people<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Excessive enthusiastic person with good ideals<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cheerfully and constructively<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Base Layer?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">*<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apple and Google and Microsoft to build with Bitcoin<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Flip treasury to Bitcoin<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bitcoin standard ***<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Constructive, expand the ecosystem<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Increase the rate of adoption<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Are you enough of an \u00e2\u20ac\u0153X\u00e2\u20ac\u009d&#8211;?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoiner on Bitcoiner violence?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No violence!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t define bitcoin as against the bank?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin will be <em>integrated<\/em> into everything<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Better living through bitcoin<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t give them airplay<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Just ignore and knock on the next door and move forward<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t break the network<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We do nothing and we are still winning!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">**<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t destroy things which are working<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I\u00e2\u20ac\u2122m not really that interested in many things?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Clone don\u00e2\u20ac\u2122t hard fork<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Channel your energy constructively<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Persuade people to adopt bitcoin<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t destruct or dilute<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t distract<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fear uncertainty and doubt<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ignore your name<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I don\u00e2\u20ac\u2122t need to be remembered forever<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Natural vs human law<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Physical science &gt; Human science<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The laws of physics are non negotiations &#8212; law of man are suggestions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Positive &#8211;&gt; natural law, natural rights<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t introduce artificial edicts<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not a big codebase<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Minimum amount of code<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The great is the least design ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As few buttons as possible &#8211;&gt; simple simple simple<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natural laws Gaining value over time or LOSING value over time? Don\u00e2\u20ac\u2122t engage in no politics 8 billion people, millions or corporations Thousands of ideologies Bitcoin is the solution for everybody. . How real \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-617345","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=617345"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617345\/revisions"}],"predecessor-version":[{"id":617346,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617345\/revisions\/617346"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=617345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=617345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=617345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}