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Best photos of #bitcoin history - thread 🧵
15 years ago on a cypherpunk email list, a pseudonymous engineer named Satoshi Nakamoto sent the email: "Bitcoin P2P e-cash paper"
The email explained how the first decentralized digital currency might work, providing a solution using a peer-to-peer network.
Feb 5 • 21 tweets • 12 min read
Thread of the best #bitcoin papers 🧵
1. The Bitcoin Whitepaper
Satoshi Nakamoto once posted, "I had to write all the code before I could convince myself that I could solve every problem, then I wrote the paper"
The largest retirement plan provider in the world managing over ten trillions dollars, explains "investors need to consider bitcoin separately from other digital assets".
Yesterday, they published new research explaining why investors should consider #bitcoin
Here are 10 key points 🧵👇 2/ Fidelity finds #bitcoin is the best money.
"Bitcoin clearly possesses a lot of good qualities of money, combining the scarcity and durability of gold with the ease of use, storage, and transportability of fiat"
Aug 1, 2023 • 6 tweets • 2 min read
President Biden issued report on the energy use of bitcoin mining last year.
Here are surprising facts they found 👇🧵
White House says, "A mining operation might construct a dedicated solar energy farm with or without energy storage, or might install onsite generators using stranded natural gas"
Bitcoin helps build solar farms.
Jan 25, 2023 • 32 tweets • 21 min read
This thread will convince you #bitcoin mining is good for the environment.
Read and share 👇 #Bitcoin mining is helping 1,600 families in the mountains of Malawi, Africa get cheaper hydroelectric energy 🌍
Extra sustainable electricity
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Starklink internet connectivity
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Bitcoin mining profitability
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Cheaper energy for the community twitter.com/i/web/status/1…
Jun 22, 2021 • 6 tweets • 2 min read
1/ Stanley Druckenmiller, legendary investor, on #Bitcoin
"I never owned it from like $50 to $17,000, I felt like a moron. Then it goes back down to $3000 again.
Then a couple of things happened..." 🧵👇 2/ "So, solution in search of a problem. I found the problem: When we did the CARES act and Chairman Powell started crossing all sorts of red lines in terms of what the Fed would do and wouldn’t do."
May 15, 2021 • 11 tweets • 6 min read
This map shows distribution of reachable #Bitcoin nodes found in countries around the world.
There's about 10,000 nodes protecting the network right now, and each one has an entire copy of the #Bitcoin ledger that they use to enforce and validate the rules.
A #Bitcoin full node is a program you run that fully validates all transactions and blocks in the network.
It can be downloaded and synced with the entire network using an average computer or laptop, from anywhere in the world. That's what makes #Bitcoin decentralized.
May 13, 2021 • 13 tweets • 4 min read
1/ Bitcoin critics continue to assert that mining is wasteful and disproportionately damaging to the environment.
Contrary to consensus thinking, we believe the impact of bitcoin mining is a net positive for the environment.
Here's why, a thread by @YassineARK:
2/ First, proof-of-work mining is critical to Bitcoin. In the Bitcoin network, trustworthiness is protected by computation, and mining is what gives Bitcoin its ability to coordinate trust and facilitate the transfer of value without relying on a centralized authority.
Apr 10, 2021 • 18 tweets • 7 min read
Most of the early posts and conversations about #Bitcoin took place on the website called BitcoinTalk.
Here's a few of the most fun and insightful of them:
1/ Buying a pizza for 10,000 bitcoin 2/ The origin of the HODL meme.
"HODL" doesn't actually stand for "Hold on for Dear Life"
Mar 22, 2021 • 26 tweets • 4 min read
"Bitcoin And Me" By Hal Finney
"I thought I'd write about the last four years, an eventful time for Bitcoin and me.
For those who don't know me, I'm Hal Finney.
2/ I got my start in crypto working on an early version of PGP, working closely with Phil Zimmermann. When Phil decided to start PGP Corporation, I was one of the first hires. I would work on PGP until my retirement. At the same time, I got involved with the Cypherpunks.