What follows is a THREAD🧵 OF 15 STANDOUT QUOTES from BCB098.
Listen: bluecollarbitcoin.io
Watch: youtube.com/channel/UCkFve…1/ "Pull up a chart of U.S. interest costs per year. The thing has gone basically vertical. Not many years ago, interest costs were $200b/year, now they're running at $700b rate and GROWING.
That's a DEBT DOOM LOOP. There's no way out of that."
A quick 🧵 about Elegance + Simplicity in Engineering
1/ Getting off the moon required complex engineering and precise calculations. Yet, the fuel used to power the LEM ascent engine was surprisingly simple: a mixture of hydrazine + dinitrogen tetroxide-Hypergolic fuels.🌑🚀🤓
2/Hypergolic fuels are special because they ignite upon contact, eliminating the need for an ignition source. This made them ideal for spaceflight, where the lack of oxygen and the harsh environment make traditional ignition methods difficult. Effectively open two valves and go.
Very few humans have digested the paradigm shift that the intersection of these 3 attributes has ushered in.
Here's thread🧵 on why the characteristics & usefulness of ONE asset may stand above the rest in the 21st century...
#Bitcoin is the world's FIRST digital bearer asset.
If your new, the significance of this may not make sense yet. If you've been studying #BTC for a while, you may have grown desensitized to this paradigm shift.
Suffice to say, this is a HUGE f**king deal.
Feb 20, 2023 • 17 tweets • 4 min read
Finished @LynAldenContact's Feb. 2023 Newsletter: "Fixing Inflation." As usual, has has more signal than a traffic light.
She draws a key distinction btw inflation in rate-of-change vs. ABSOLUTE terms.
Here's a TL;DR thread🧵 w/ 10 summative quotes.👇
lynalden.com/february-2023-…
1.) "Inflation is currently on a downtrend, but with some of the underlying problems still unresolved, it risks a resurgence in the years ahead."
Dec 31, 2022 • 12 tweets • 21 min read
2022 was one HELL of a year on Blue Collar #Bitcoin Pod. We learned a ton! Hope you did to.
Here's a thread🧵 of ALL our guests from this last year in case you missed (or want to rekindle) any bangers.👇
#Ethereum is about to F*ck up in a MAJOR way.
In the book Art of War, there is a quote that seems to fit this scenario perfectly.
“Never interrupt your enemy when he is about to make a mistake.”
#Eth is about to move from POW to POS (proof of stake).
As the primary “competitor” to #btc should just let them continue?
Aug 19, 2022 • 9 tweets • 5 min read
The @COLDCARDwallet is our #Bitcoin signing device of choice, and it has been for a long time.
Here's why (a brief thread🧵)👇
For starters, @COLDCARDwallet is accessible for everyone — if you're intelligent enough put together the lego set shown below, you can learn to use this device in its simplest form.
The #Bitcoin protocol & network combines NOT ONE, NOT TWO, BUT THREE massive & groundbreaking discoveries in monetary technology.
It is the convergence of these 3 discoveries that may very well make #BTC the most powerful and impregnable asset in human history.
A thread🧵
DISCOVERY #1: #Bitcoin allows for NEAR INSTANT SETTLEMENT via an inherently global & cyber monetary network.
2/18
Dec 12, 2021 • 16 tweets • 5 min read
#Bitcoin is such a big f**king deal because it's solving 2 massive problems SIMULTANEOUSLY.
Here are some basic musings on #Bitcoin while sitting at the firehouse on a Sunday.
A 15 part thread 🧵.
(h/t @saifedean's Fiat Standard for sparking these ideas)
1/15
Even if you've been in #BTC for a substantive period of time, it's helpful to work back to fundamentals and revisit your thesis.
Things that once blew your mind 🤯 come to seem mundane or regular when ur inhaling as much content as most serious Bitcoiners do.