21M or Death


21 Million or Death
Arise…

The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered.

Former Google Product Director Steve Lee stated that only 1 percent of the world’s population can own more than 0.28 BTC, due to the fixed supply of Bitcoin.

In late 2017, Chainalysis, a blockchain forensics company that monitors and investigates cryptocurrency transactions, revealed in a research paper that up to four million BTC are permanently lost on the blockchain as a result of theft, loss of wallets and private keys, and the dormant wallet of Bitcoin creator Satoshi Nakamoto, which experts have said is no longer accessible.

Kim Grauer, Senior Economist at Chainalysis, said at the time, that the lost supply of BTC is not taken into consideration by the market cap.That means, the real price of BTC could be substantially higher, as 4 to 6 million BTC are estimated to be lost.

Based on the estimate that the supply of Bitcoin is around 17 million, only 0.8 percent of the world population can own more than 0.28 BTC and less than 0.2 of the world population can own more than 1 BTC.

The 0.28 BTC figure introduced by Lee assumes the supply of Bitcoin to be 21 million, as it divides 21 million by 0.28 and divides the outcome of that by the world population that is 7.442 billion. If the research of Chainalysis is accurate and that 4 to 6 million BTC are lost on the blockchain, the supply of Bitcoin should be closer to around 16 to 17 million

The fact that any investor in the global market can be within the 1 percent of the world population with a $1,830 investment demonstrates that the cryptocurrency market is still at its early phase, and in terms of adoption, market development, infrastructure, and regulation, the sector can still grow significantly in the mid to long-term.


Hal Finney

There is no “Whole Coin”



  • Motivation Formula
    Motivation = (Expectancy X Value) / (Impulsiveness X Delay) Add it up, and the result is your current level of motivation.  The less confident you are, the less exciting the outcome, the longer … Continue reading Motivation Formula
  • 21M or Death
    The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered. Former Google Product … Continue reading 21M or Death
  • Truth Quotes
    In Roman mythology, Veritas, meaning Truth, is the goddess of Truth, a daughter of Chronos, the God of Time. For my dearest copăcel Emily, Wish that you’ll find a drop of wisdom in … Continue reading Truth Quotes
  • ₿uild a New Model…
    “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller
  • First Time/Small Miner
    First time/Small miner referencefor getting started. If you want to start mining here is what you need… and what you need to know. This is written for home miners/small farms, but can be … Continue reading First Time/Small Miner


Once you’ve seen…




  • Motivation Formula
    Motivation = (Expectancy X Value) / (Impulsiveness X Delay) Add it up, and the result is your current level of motivation.  The less confident you are, the less exciting the outcome, the longer … Continue reading Motivation Formula
  • 21M or Death
    The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered. Former Google Product … Continue reading 21M or Death
  • Truth Quotes
    In Roman mythology, Veritas, meaning Truth, is the goddess of Truth, a daughter of Chronos, the God of Time. For my dearest copăcel Emily, Wish that you’ll find a drop of wisdom in … Continue reading Truth Quotes
  • ₿uild a New Model…
    “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller
  • First Time/Small Miner
    First time/Small miner referencefor getting started. If you want to start mining here is what you need… and what you need to know. This is written for home miners/small farms, but can be … Continue reading First Time/Small Miner


Need help for better content !!!

Q & A

Hy there to all of you out there, white, black, yellow and avatar 😋🤣 people around the WordPress world !

Hope you are all well and safe in these troubled times we live on this beautiful planet of ours !

I come before you, to ask for your opinion and what you would like to see explained in my posts !?! Just let me know and I will try my best to accomodate your requests !

Thank you for your time !






  • Motivation Formula
    Motivation = (Expectancy X Value) / (Impulsiveness X Delay) Add it up, and the result is your current level of motivation.  The less confident you are, the less exciting the outcome, the longer … Continue reading Motivation Formula
  • 21M or Death
    The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered. Former Google Product … Continue reading 21M or Death
  • Truth Quotes
    In Roman mythology, Veritas, meaning Truth, is the goddess of Truth, a daughter of Chronos, the God of Time. For my dearest copăcel Emily, Wish that you’ll find a drop of wisdom in … Continue reading Truth Quotes
  • ₿uild a New Model…
    “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller
  • First Time/Small Miner
    First time/Small miner referencefor getting started. If you want to start mining here is what you need… and what you need to know. This is written for home miners/small farms, but can be … Continue reading First Time/Small Miner


Bitcoin is Freedom…


Bitcoin can serve as a first line of defense for freedom — a nonviolent tool which can disincentivize violence and control.

It is not only a hedge against currency devaluation, but a hedge against tyranny as well.

FREEDOM AS RESPONSIBILITY AND A MORAL IMPERATIVE

Owning bitcoin allows you to be your own bank, and much like maintaining freedom, it’s a hefty responsibility.

While it may be far too easy to leave your coins on an exchange, if you simply buy bitcoin but never take custody, you are leaving yourself open to a multitude of attacks. One of the most insidious, is the potential for a self-custody ban or some sort of regulatory capture of the exchanges, effectively turning bitcoin into another meme stock that must be held by a third-party custodian.

In the process, the peer-to-peer decentralized nature of the network gets degraded for millions of potential users across the country, if not the whole world.

When you have your money in banks and investment accounts, it’s not really yours. It belongs to the banks — the custodians — and it’s granted access to you at the behest of them and the government.

To these custodians, granting you access to your money is an inconvenient privilege that can be rescinded at a moment’s notice.

It’s a testament to how powerful western nations have become and a cautionary tale for what could happen if you ever see yourself in the outgroup in the event of a heated disagreement.

Anarcho-capitalists to Communists alike, whatever your views, whatever your political proclivities, Bitcoin has your back.

It is a completely voluntary system of censorship-resistant, peer-to-peer, electronic money. It is a digital bearer instrument if you use it correctly.

It is simply a tool; a tool that does not discriminate and does not care who you are or what you believe.

Bitcoin is a tool that just is; a tool that just does.

It exists everywhere and nowhere, simultaneously.

All you need to do is learn.

It is perhaps the largest peaceful protest in the history of mankind, and it is your best way to preserve freedom.

Loss of freedoms typically require violence to reinstate; opt in to peace through buying and holding bitcoin.

Every purchase you make is a vote for the future that you want. Through buying and holding bitcoin, holding your keys and taking back your self-sovereignty, you move the country back toward a sound money standard that can do much to fix our divisive problems.

Furthermore, you are making it harder for tyranny and government overreach to take hold. You are sowing the seeds for a better tomorrow

Source: https://bitcoinmagazine.com


  • Motivation Formula
    Motivation = (Expectancy X Value) / (Impulsiveness X Delay) Add it up, and the result is your current level of motivation.  The less confident you are, the less exciting the outcome, the longer … Continue reading Motivation Formula
  • 21M or Death
    The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered. Former Google Product … Continue reading 21M or Death
  • Truth Quotes
    In Roman mythology, Veritas, meaning Truth, is the goddess of Truth, a daughter of Chronos, the God of Time. For my dearest copăcel Emily, Wish that you’ll find a drop of wisdom in … Continue reading Truth Quotes
  • ₿uild a New Model…
    “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller
  • First Time/Small Miner
    First time/Small miner referencefor getting started. If you want to start mining here is what you need… and what you need to know. This is written for home miners/small farms, but can be … Continue reading First Time/Small Miner




What bitcoin is … NOT

Bitcoin is not Abracadabra…
but Bitcoin can be Avada Kedavra for the current Banking system!

Bitcoin is not Magic…
but it can be for Muggles!

Bitcoin is not an “Investment” …
but educating yourself about bitcoin can be!

Bitcoin is not an “Investment”…
but knowing  the basics and being educated about it, lowers the chances of loosing your hard earned money!

Bitcoin is not an “Investment”…
but staking Sats proved to be a preety good Strategy in the Long Term!

Bitcoin is not digital money…
but it’s ons of it’s first applications!

Bitcoin is not money…
but is Money for the Internet!

Bitcoin is not PRICE !!!

Bitcoin is not PRICE…
but the market is driven mostly by FUD & FOMO people

Fear
Uncertainty
Doubt

bring the market Down


Fear
Of
Missing
Out

bring the market Up

Bitcoin is not a “Get Rich Quick Scheme” and the one’s that got rich were the one’s that were there from the begining…

Bitcoin is not voodoo people, magic people…
but a bunch of smart geeks & nerds that support the bitcoin’s philosophy and what it stands for…

Bitcoin is not under no juridstiction…
but it is a global p2p network of like-minded people that with the power of their equipment sustain, mantain and make the bitcoin network stronger and more decentralized!

Bitcoin is not a Coin…
but an entry in a digital ledger!

Bitcoin is not illegal activity money…
but bitcoin can be used in such activity…
Reports show that FIAT is still the No. #1 choice for “Evil Doers” as it doens’t have an public, open and visible ledger …
Duh…

Bitcoin is not evil…
but bitcoin can be used to do evil!
As does a Pen!
It can be used to do evil!
How, you would ask?
If  I take this ✏ and stick it up your a… who is Evil ?!?
The One who invented the pen?
The Pen?
Me?
Your a.. cause it was in the way 🤣
Perspective is a matter of opinion…

Bitcoin is not News…
but instead read pools, github, exchanges, wallets…
They are the ones that pave the way where bitcoin could, should or would go!

Bitcoin is not DEAD…
It was already declared Dead 441 times!

see :

https://99bitcoins.com/bitcoin-obituaries/

Bitcoin is not …
Yapidi Yapidi Yap people…

If someone says :

1 – Bitcoin consumes too much electricity, they don’t understand POW!

2 – Bitcoin isn’t a government backed currency, you should ask who backs their government…
If the answer is the Army…

3 – Bitcoin isn’t backed by gold like the the US$…
Neither is the $ since ’71

4 – Bitcoin isn’t real because I can’t see it…
80% of world’s money is Digital…

5 – Bitcoin isn’t a store of value as good as Gold is…
Gold had thousands of years to prove that, bitcoin only 13… give it time!
It already proved a lot !!!

6 – Bitcoin’s inventor is annonymous and can’t be trusted…
Who invented money then? How do money come up into existance?

7 – Bitcoin will never be largely accepted because it isn’t issued by a government…
You know what else wasn’t issued by no government ? Cars, Electricity, Steam Engine, Facebook, Uber, Google, Amazon, etc bla bla bla

8 – Bitcoin can’t be a currency cause I can’t buy anything with it…
I think I have shared a list with places that you can buy things with bitcoin…Quite a few!!!

9 – Whales… Beware of yapidi yap of whales cause they say one and do the opposite 🙂 😉 !!!

9 – Bitcoin is not this, bitcoin is not that but they all swarm around the bee’s honeypot as if it were honey 🤣🤣🤣

I forgot…In the meantime, little unsignificant countries like El Salvador, mine bitcoin with 🌋 !!!

And still newspapers, investors that bite their whatever not having invested when it was under $1, and a hole portion of the world are all saying…

Etc bla bla bla Yapidi Yapidi Yap


Never Forget The Golden Rules:

Not Your Keys, Not Your Crypto!!!

Don’t Trust, Verify!!!

Don’t Believe, Do your own Resesearch and due diligence!!!

Save your Wallet’s Mnemonic Phrase in at least 3 places for safe-keeping!!!


WE ARE SATOSHI


When you’re ready…

Timothy C. May

Hal Finney

Poem of the Legacy

From the ashes of the long forgotten past,
A bright mind wrote a code that would for ever last…
A code so powerful and strong,
That would change the world for oh so long…

The code he wrote and set it free,
For the humankind legacy to be…
To change the lives of future generations to come,
He wrote the code and he was gone…

Oh, bright mind your legacy will last,
For generations to come and be thankful about the past…
Nobody knows who you might be,
Some do and say Kudos to You for Ethernity!


Made with 💚  by Free Spirit

✌ & 💚




BitHouse with 💚