don't want to spend an hour+ listening to the pod?

here's your TLDR;

wtf are runes, what is rune 0 going to be, and what this means for the future of tokens on bitcoin? 🧵

https://twitter.com/hellmoneypod/status/1755713114316697793

runes are a fungible tokens protocol on bitcoin

think erc-20 but for bitcoin

bitcoin is actually a fungible token protocol itself - for BTC

Casey who created Ordinals is, in his own words, creating runes as a way to allow the speculation and entertainment of tokens in bitcoin, largely popularized by brc-20, with better tech

If you still have #bitcoin on an exchange, withdraw NOW!

Here’s a simple and quick way to do it: 🧵 1. Download a mobile wallet app.

Some options (USE THE LINKS BELOW TO PREVENT ATTACKS OR ISSUES):

- BlueWallet (my choice for this tutorial)
bluewallet.io

- Blockstream Green
blockstream.com/green/

- Muun
muun.com

1/ Why doesn’t #Bitcoin move from proof-of-work to proof-of-stake?

A panel yesterday at the Oslo Freedom Forum #OsloFF explained PoW vs PoS in the best way I’ve seen in a while.

A thread 🧵 with quotes 👇 2/ “Every system that’s existed has been a stakeholder-run system, so they’re all PoS systems.

PoS systems are the legacy systems that existed forever where people that control the coins, the stakeholders, can disrupt the network, change it or shut it down.”

- @DarinFeinstein