I heard China was mining bitcoin under the 3 gorges dam and they were taken out by the white hats so now they want to move to the US.. just a conspiracy I heard. imo bitcoin is so damn slow nobody is using it as utility to move anything. This is clearly a bait for the DS.
Bitcoin is NSA -- created by Satoshi Nakomoto - Nakamoto, loosely translated from Japanese, means “central,” while the name Satoshi means “intelligent.” Satoshi.
What I don’t understand is how Bitcoin can ever function as a currency when the small size of the packets slow down transactions per second. Am I correct in that Sitoshi meant for the packet size to scale up with the volume but big bank infiltrators infected the controlling board of Bitcoin and changed the plans for scalability by diminishing it. Their answer to the transaction/sec problem was the lightning network that takes incentive away from the miners.
I’ve read and seen live Bitcoin transactions/sec and it’s terribly slow. Supposedly there was one break away from the infected body in control of Bitcoin and that person solved the scalability problem by advancing Sitoshi’s original plan to scale up packet size increasing Transaactions/sec. This person is the backer of Bitcoin cash.
The way I understand it, and that’s not saying much because I have not spent much time digging, is that Bitcoin is and will continue to be a good storage of wealth, similar to gold, due to its limitation causing rarity but not good as currency. Supposedly Bitcoin cash is the superior candidate for a currency.
Trump finally vocalizing support for Bitcoin has me thinking of Lt Gen Jason Lowry and his book SoftWar in which he posits that Bitcoin should be used as a weapon. When you couple Lowry’s ideas with Lt Gen Kwast’s revelation that there is current technology to harvest solar energy in space where there is no atmosphere to degrade the harvest. Efficiency jumps from 20% here on earth to 80%+ in space. He also says they can convert all this energy to radio waves, send them down to earth, and then convert them back to electrical energy. Now throw in Trump’s latest comments about supporting Bitcoin miners and energy dominance and guess what you’ve got? A recipe to use Bitcoin as a weapon to dominate the globe through extreme energy production and using that energy to mine Bitcoin. They will literally, with the help of AI, turn our national electrical grid into a giant living computer to mass produce Bitcoin.
I’m just spitballing with all this. I’m not sure I know enough for any of it to be possible.
The best "leaders" actually follow the will of the people. DJT has been receiving some crypto education and realized his early position was wrong. I was wrong too, but I changed course as I learned new information. DJT has also changed course.
Bitcoin mining does tax the electricity bill tho. And one gets better results with a super-duper gaming computer. (get a second one for the vidya). So I guess it will stimulate the hardware economy too, provided they get over the chip-issue.
BC mining is a sensible thing to do, if one can affford to pay the power bill + one had better do something about that SMART meter before attempting it. The 'providers' have allsorts of backdoors into the SMART-meter to SHUT you down, or report you to the police, for growing indoors or something.
Both those examples have happened in my area - the 'ripple' control deprives people of their hot water arbitrarily, because conserving power on cold days, just when you need hot water; and one fella was welding and sanding his car in the garage and was raided for 'growing' to no avail, because there were no plants, just his car. He was dobbed in by the provider AI.
I listened to an interview Ryan Matta (big Bitcoin guy on Rumble) did with a large Bitcoin mining company (forget his name). This miner said that they have a contract with the local utility company to mine in the off hours. This also saved them money.
I don't know much about bitcoin but I find it curious that Trump mentions that Bitcoin mining "may" be our last line of defense... Why did he specifically say that specifically instead of just saying Bitcoin may be our last line of defense...?
Also how does the remaining Bitcoin being made in the USA help us be energy dominant ? Can anyone explain what this means ?
I heard China was mining bitcoin under the 3 gorges dam and they were taken out by the white hats so now they want to move to the US.. just a conspiracy I heard. imo bitcoin is so damn slow nobody is using it as utility to move anything. This is clearly a bait for the DS.
Bitcoin is NSA -- created by Satoshi Nakomoto - Nakamoto, loosely translated from Japanese, means “central,” while the name Satoshi means “intelligent.” Satoshi.
Yep, yep.. bitcoin is short for beta test coin.. to test it and then come out with new updated improved coins to replace current financial system
Actually it stands for:
Bit - The bit is the most basic unit of information in computing and digital communications.
Co-in - Counter insurgency.
It actually reads like Be it coin, fiat money.
smart
Yes, DJT posted this on Truth Social.
Maybe I'm just stupid ---- but this doesn't make any sense.
Bitcoin is decentralized. CBDC will be a centralized fiat-like digital currency.
....except for the root DNS servers ----- there are only 13 in the world.
What don't you understand? I have been digging on the bitcoin angle for a minute now, so maybe I can help you if you have questions
What I don’t understand is how Bitcoin can ever function as a currency when the small size of the packets slow down transactions per second. Am I correct in that Sitoshi meant for the packet size to scale up with the volume but big bank infiltrators infected the controlling board of Bitcoin and changed the plans for scalability by diminishing it. Their answer to the transaction/sec problem was the lightning network that takes incentive away from the miners.
I’ve read and seen live Bitcoin transactions/sec and it’s terribly slow. Supposedly there was one break away from the infected body in control of Bitcoin and that person solved the scalability problem by advancing Sitoshi’s original plan to scale up packet size increasing Transaactions/sec. This person is the backer of Bitcoin cash.
The way I understand it, and that’s not saying much because I have not spent much time digging, is that Bitcoin is and will continue to be a good storage of wealth, similar to gold, due to its limitation causing rarity but not good as currency. Supposedly Bitcoin cash is the superior candidate for a currency.
Trump finally vocalizing support for Bitcoin has me thinking of Lt Gen Jason Lowry and his book SoftWar in which he posits that Bitcoin should be used as a weapon. When you couple Lowry’s ideas with Lt Gen Kwast’s revelation that there is current technology to harvest solar energy in space where there is no atmosphere to degrade the harvest. Efficiency jumps from 20% here on earth to 80%+ in space. He also says they can convert all this energy to radio waves, send them down to earth, and then convert them back to electrical energy. Now throw in Trump’s latest comments about supporting Bitcoin miners and energy dominance and guess what you’ve got? A recipe to use Bitcoin as a weapon to dominate the globe through extreme energy production and using that energy to mine Bitcoin. They will literally, with the help of AI, turn our national electrical grid into a giant living computer to mass produce Bitcoin.
I’m just spitballing with all this. I’m not sure I know enough for any of it to be possible.
Im glad I read that
What happens when a government blocks bitcoin packets?
What happened to John McAfee?
The best "leaders" actually follow the will of the people. DJT has been receiving some crypto education and realized his early position was wrong. I was wrong too, but I changed course as I learned new information. DJT has also changed course.
Bitcoin mining does tax the electricity bill tho. And one gets better results with a super-duper gaming computer. (get a second one for the vidya). So I guess it will stimulate the hardware economy too, provided they get over the chip-issue.
BC mining is a sensible thing to do, if one can affford to pay the power bill + one had better do something about that SMART meter before attempting it. The 'providers' have allsorts of backdoors into the SMART-meter to SHUT you down, or report you to the police, for growing indoors or something.
Both those examples have happened in my area - the 'ripple' control deprives people of their hot water arbitrarily, because conserving power on cold days, just when you need hot water; and one fella was welding and sanding his car in the garage and was raided for 'growing' to no avail, because there were no plants, just his car. He was dobbed in by the provider AI.
I listened to an interview Ryan Matta (big Bitcoin guy on Rumble) did with a large Bitcoin mining company (forget his name). This miner said that they have a contract with the local utility company to mine in the off hours. This also saved them money.
That dude literally said “seems like a scam to me” regarding Bitcoin before leaving office
It’s true, posted 18 hours ago.
https://truthsocial.com/@realDonaldTrump/posts/112601639679885930
its real
https://truthsocial.com/@realDonaldTrump/posts/112601639679885930
I don't know much about bitcoin but I find it curious that Trump mentions that Bitcoin mining "may" be our last line of defense... Why did he specifically say that specifically instead of just saying Bitcoin may be our last line of defense...?
Also how does the remaining Bitcoin being made in the USA help us be energy dominant ? Can anyone explain what this means ?
Bitcoin is money. Money is energy (capacity to do work). Bitcoin is perpetual energy. Think about that.
No --- bitcoin is a fiat currency
No.
Yes.
Dave on X22 reporting this as well.
If that's the case, then buy DOGE.
100% Elon isn't done with that yet, and it will come back around. Timing......
I took a screen shot but haven’t a clue how to post it. But yes it’s true.