Paul Knight ๐ŸŒž ๐ŸŒ‘ ๐ŸŒŽ Profile picture
Architecture and city planning at https://t.co/YWEZ7JDrvP. Research at https://t.co/q2Ti8afyWK. #Bitcoin
Oct 20, 2022 โ€ข 8 tweets โ€ข 4 min read
YOU CAN'T BUILD A CATHEDRAL OVER 100 YEARS IF YOUR MONEY DEVALUES 2% PER YEAR.

A thread ๐Ÿงต Image As an architect and city planner, I've wondered:

"Why aren't we building cathedrals or other grand, timeless buildings anymore?"

Monetary inflation is one of the underlying reasons. Let's take a look...
Aug 5, 2022 โ€ข 7 tweets โ€ข 4 min read
Look around and you'll notice that common units of subdivision are everywhere:

thirds, quarters, and halves are in your clocks, music, measuring cups, and dna.

With this in mind, 12 is better than 10 and the English measurement system is better than Metric.

Here's why... ๐Ÿงต ImageImageImageImage A meter can be subdivided (without fractions) into halves, fifths, and tenths.

A foot, however, can subdivide into sixths, quarters, thirds, and halves.

For us mere mortals, mental math is better when fractions aren't involved. The more ways to leave fractions out the better.
Jul 11, 2022 โ€ข 6 tweets โ€ข 2 min read
I had some extra computers lying around and thought I'd spin up an #ethereum node to learn about it.

Compared to spinning up a #bitcoin node, it wasn't pretty. Clunky, complicated, and risky--not a combo you want to see for decentralization.

๐Ÿงต For Bitcoin, recommended hardware = RPi + 1TB drive (~$200). Umbrel OS is probably easiest setup, which means flashing a drive, plugging in, and turning on. After 2-3 day IBD, you're done.
Jul 30, 2021 โ€ข 10 tweets โ€ข 4 min read
What #manhattan real estate can teach us about #bitcoin.

๐Ÿงต๐Ÿ‘‡ Image It's 1818. Robert Lenox pays $500 for a few blocks in the Upper East Side.

"What a deal!" we say today as if we would have done the same thing. But at the time it wasn't a sure bet (hence why someone SOLD him the land). The pop. was 100k; the future, unknown. https://thegreatestgrid.mcn...
Nov 29, 2020 โ€ข 9 tweets โ€ข 3 min read
WHAT TO EXPECT DURING THE 2021 #BITCOIN BULL MARKET

Using 2017 as a Guide

๐Ÿ‘‡ In 2017:

The average baby bear was -32% over 10 days.

The average baby bull was +122% over 34 days.

Both bulls and bears moved the price around 3.3% per day.