” It isn’t obvious that the world had to work this way.
But somehow the universe smiles on encryption.”
Julian Assange
Nobody yet knows for sure if the universe’s smile is genuine or not.
It is possible that our assumption of mathematical asymmetries is wrong and we find that P actually equals NP, or we find surprisingly quick solutions to specific problems which we currently assume to be hard.
If that should be the case, cryptography as we know it will cease to exist, and the implications would most likely change the world beyond recognition.
“Vires in Numeris”
=
“Strength in Numbers”
epii
Vires in numeris is not only a catchy motto used by bitcoiners.
The realization that there is an unfathomable strength to be found in numbers is a profound one.
Understanding this, and the inversion of existing power balances which it enables changed my view of the world and the future which lies ahead of us.
One direct result of this is the fact that you don’t have to ask anyone for permission to participate in Bitcoin.
There is no page to sign up, no company in charge, no government agency to send application forms to.
Simply generate a large number and you are pretty much good to go.
The central authority of account creation is mathematics.
Bitcoin is built upon our best understanding of reality.
While there are still many open problems in physics, computer science, and mathematics, we are pretty sure about some things.
That there is an asymmetry between finding solutions and validating the correctness of these solutions is one such thing.
That computation needs energy is another one.
In other words: finding a needle in a haystack is harder than checking if the pointy thing in your hand is indeed a needle or not.
And finding the needle takes work.
The vastness of Bitcoin’s address space is truly mind-boggling.
The number of private keys even more so. It is fascinating how much of our modern world boils down to the improbability of finding a needle in an unfathomably large haystack.
I am now more aware of this fact than ever.
Bitcoin taught me that there is strength in numbers.
• Think and Grow Rich (1937) • The Law of Success (1928) • Outwitting the Devil (1938)
Spouse :
Florence Elizabeth Horner (1910–1935)
Rosa Lee Beeland (1937–1940?)
Annie Lou Norman (1943–1970)
Children : 3
Hill is, in modern times, a controversial figure.
Accused of fraud, modern historians also doubt many of his claims, such as that he met Andrew Carnegie and that he was an attorney.
Gizmodo has called him "the most famous conman you've probably never heard of".
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What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, … Continue reading Smart Contracts by Nick Szabo-1994→
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Genesis Fire Protection > USA based fire protection company, fire extinguishers and fire suppression systems.
Gray and Sons > Online shop – Jewelry, Watches, and accessories.
Gyft > Buy, Send, & Redeem Gift Cards
HePays > dating website.
Hi-Tech > Computer service provider, website is very bad, probably they’re out of business.
Lamborghini Newport Beach > authorized dealership in Orange County providing Super Sports Cars to Southern California
Microsoft > you can charge your account with BTC
Mint > Finance service, all your finance in single place. “When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.”
Mosaika > Shop online for your jewelry, and pay with Bitcoin.
My Gemologist > Shop for jewelry, or CREATE your own design, and pay with bitcoin.
Namecheap > Domain Name Registrar
NewEgg > Online shop
OpenBazzar > Decentralized marketplace – Online eCommerce platform that unites buyers/sellers by virtue of the P2P/peer-to-peer network
Overstock > Online shop – designer brands and home goods
Piiko > Send money to your friends and family online or top up while travelling. Almost 600 providers from 137 countries. Pay with Bitcoin, Dash or Stellar at best rates possible.
Pizza for coins > Order Pizza online and pay with BTC
Pure VPN > VPN Service: Access US Netflix Instantly for just $2.87/m Making Security and Freedom Accessible for Anyone, Anywhere!
Purse > Online shop – buy from amazon using BTC and get a discount!
RandyBrito > Freelancer – A web developer with a passion for Bitcoin, Economics and freedom.
Reeds > USA based jewlery – Personally I like their goods (looks only, haven’ bought any yet)
Restaurants list > a map of USA restaurants that accept Bitcoin. (can anyone verify any of them?)
Sad Truth Supply > Pins, Patches, and other accessories for bitcoin.
Save the Children > Charity accepting BTC payment. P.S: probably you’ll need to contact them first to donate in bitcoin.
Silver.ag > Jewelry and Accessories for Bitcoin.
SoftRare > software solutions provider, probably out of business since their website has copyright logo for 2015
SteadyTurtle > Buy Hosting&Domain -I use them for years,great service.
Tanzanite America > North American member of The Tanzanite Authority, a group of like-minded collectors, investors, and who are dedicated to informing and supplying the very finest top quality AAA certified Tanzanite.
XBT Freelancer > Freelancing platform – Hire a freelancer or work as one, for bitcoins.
mclarennb > Authorized McLaren Dealer
List of stuff you can use bitcoin for.
Website – Information
4Chan > do we really need to tell you what this is??
ALFA Top > Top-up your mobile phone with bitcoin or other cryptocurrency
All4btc > Online shop – buy from Amazon, Dell, Ebay, and Lenovo using BTC
Altushost > Hosting service – VPS – dedicated – web hosting – SSL certificates …
Alza > Buy electronic/mobile phones/health&beauty and a lot more (EU based)
Apmex > Buy Gold/Silver/Platinum -Never try,but I think they have good reputation.
Bastone & Co. > Hand made collection shop.
Bit Market > list of store that accept bitcoin in Philippines
Bit Refill > Recharge prepaid phones with Bitcoin
Bit Watches > USA based Luxury watches store.
BitDials > Online shop – Buy watches and jewelry using BTC.
BitGigs > Gigs for bitcoins.
BitPay > bitcoin payment service provider
Bitcoin RealEstate > Buy Real Estate with cryptocurrency – Sell your property for Bitcoin
Bitcoin Travel > Travel agency – Book your flight/hotel using bitcoin.
Bitrefill > Top up your prepaid phone, over 140 countries supported.
CR Servers > Hosting service.
CallWithUs > VOIP service that accepts BTC, pay only for the calls you make! There are no recurring membership fees
CoinPayments > -Payment Gateway -Use them many time for different service.
CoinVet > Coinvet is the groundbreaking new jobs and gigs marketplace where the crowd helps you find the best professionals for your exact needs.
Compusleuth > technical support to recover, restore, search, and produce electronic information (is that still operating??)
Crypto Emporium > offer a huge variety of high-end and luxury goods available for purchase in only cryptocurrency, no fiat.
CryptoGrind > Freelancing platform – Hire a freelancer or work as one, for bitcoins.
Echristopher and sons > Shop online for your jewelry and pay with Bitcoin.
Genesis Fire Protection > USA based fire protection company, fire extinguishers and fire suppression systems.
Gray and Sons > Online shop – Jewelry, Watches, and accessories.
Gyft > Buy, Send, & Redeem Gift Cards
HePays > dating website.
Hi-Tech > Computer service provider, website is very bad, probably they’re out of business.
Lamborghini Newport Beach > authorized dealership in Orange County providing Super Sports Cars to Southern California
Microsoft > you can charge your account with BTC
Mint > Finance service, all your finance in single place. “When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.”
Mosaika > Shop online for your jewelry, and pay with Bitcoin.
My Gemologist > Shop for jewelry, or CREATE your own design, and pay with bitcoin.
Namecheap > Domain Name Registrar
NewEgg > Online shop
OpenBazzar > Decentralized marketplace – Online eCommerce platform that unites buyers/sellers by virtue of the P2P/peer-to-peer network
Overstock > Online shop – designer brands and home goods
Piiko > Send money to your friends and family online or top up while travelling. Almost 600 providers from 137 countries. Pay with Bitcoin, Dash or Stellar at best rates possible.
Pizza for coins > Order Pizza online and pay with BTC
Pure VPN > VPN Service: Access US Netflix Instantly for just $2.87/m Making Security and Freedom Accessible for Anyone, Anywhere!
Purse > Online shop – buy from amazon using BTC and get a discount!
RandyBrito > Freelancer – A web developer with a passion for Bitcoin, Economics and freedom.
Reeds > USA based jewlery – Personally I like their goods (looks only, haven’ bought any yet)
Restaurants list > a map of USA restaurants that accept Bitcoin. (can anyone verify any of them?)
Sad Truth Supply > Pins, Patches, and other accessories for bitcoin.
Save the Children > Charity accepting BTC payment. P.S: probably you’ll need to contact them first to donate in bitcoin.
Silver.ag > Jewelry and Accessories for Bitcoin.
SoftRare > software solutions provider, probably out of business since their website has copyright logo for 2015
SteadyTurtle > Buy Hosting&Domain
Tanzanite America > North American member of The Tanzanite Authority, a group of like-minded collectors, investors, and who are dedicated to informing and supplying the very finest top quality AAA certified Tanzanite. (first time to hear of tanzanite to be honest, but they look cool)
XBT Freelancer > Freelancing platform – Hire a freelancer or work as one, for bitcoins.
mclarennb > Authorized McLaren Dealer
schwartzkopff>
KFC Canada > Hunger no more, get your KFC for BTC.
Subway restaurant > Eat healthy, with bitcoins too.
CheapAir > Cheap Airline Tickets, Airfares & Discount Air Tickets
Alza > Largest Czech online retailer accepting BTC.
Pembury Tavern > Snap up a pint in Britain’s first Bitcoin pub.
FC Canada > Hunger no more, get your KFC for BTC.
Subway restaurant > Eat healthy, with bitcoins too.
CheapAir > Cheap Airline Tickets, Airfares & Discount Air Tickets
Alza > Largest Czech online retailer accepting BTC.
Pembury Tavern > Snap up a pint in Britain’s first Bitcoin pub. “
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
No, Governments Can’t do a Better Job Developing Crypto
Would a state-backed cryptocurrency be better than its decentralized counterpart?
International media has already rolled out their opinions on the matter. It’s a YES-IT-CAN.
The opinions find their inspirations in comments made by Christine Lagarde last week. The head of the International Monetary Fund (IMF) said that a government-backed cryptocurrency would eliminate the issues of trust that have clogged the decentralized cryptocurrencies like Bitcoin.
New York Times reacted to the IMF chief’s remarks, calling it “a hopeful sign for digital tokens,” while predicting it could “have a chilling effect on existing, nongovernmental tokens.”
The Guardian offered its editorial space to a long-time Bitcoin critic and economist Nouriel Roubini to further his plan. He outright called cryptocurrencies worthless when compared to central bank digital currencies (CBDC).“If a CBDC were to be issued, it would immediately displace cryptocurrencies, which are not scalable, cheap, secure, or [actually] decentralized,” Roubini claimed.
The comments mentioned above appear at a time when the cryptocurrency market cap has plunged by more than 70 percent since its all-time high.
It has allowed critics to jump to the conclusion that decentralized digital currencies, mainly Bitcoin and Ethereum, have no intrinsic value, that they are highly speculative unlike central-bank issued fiat money.
Yet, critics have ignored the whys and whats that prompted the launch of decentralized assets at the first place.
They have been unable to respond to how Federal Reserve stimulus programmes, secret bailouts, and money production have destroyed the value of the US Dollar.
Their focus has turned more towards proving Bitcoin as a sugar-coated false promise of a financial revolution while ignoring the very bads of the existing financial system.
Economy believes that an asset has value when it checks scarcity and utility.
The US Dollar lacks scarcity, for its supply is governed by a centralized body called Federal Reserve. There is no check on how many dollars would get printed, allowing insiders to manipulate a greenback-backed market on their whims.
Bitcoin, on the other hand, has a set cap of 21 million tokens. Its supply is governed by mathematical algorithms, meaning no corrupt human involvement would be able to topple it.
As far as the use-cases are concerned, Bitcoin has been constantly looked at for its potential of becoming a store-of-value asset like Gold, while being constantly considered for settling cross-border payments despite its price volatility.
The critics then say that bitcoin has no intrinsic value.
But even gold and paper money suffers from the same stigma.
According to the World Council, only 15 percent of the global Gold supply is used in industrial applications. The rest goes into making bars, bullions, and jewelry – mainly because people trust they have value.
Trust is the Only Factor
The launch of Bitcoin was a response to a global financial crisis in which – let’s accept it – banks had f***ed up the economy.
The digital currency – more or less – follows the philosophy of the Austrian Monetary Theory.
According to it, money can be sound only when its supply is limited. It believes that money should not be controlled by the state.
These facts are missing from the reports and opinion pieces of anti-Bitcoin economists.
The Federal Reserve and central bankers believe that only they have the right to print money.
Bitcoin is only a beginning towards breaking the myth.
As long as the central banks do not innovate and protect people against currency inflation – as evident in the case of Zimbabwe and Venezuela – there is no chance they would be able to outrun crypto.
People need to trust their banks, but mainstream media and economists are avoiding a broader discussion.
The next financial crisis should bring more evidence to the theory. No rush.
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
BitHouse LLC is a client – focused and result driven CryptoCurrency Consulting and Mining Company that provides broad – based services at an affordable fee to our clients .
We will ensure that we work hard to meet and surpass our Clients’ expectations whenever they hire our services for Consulting or mine bitcoin.
At BitHouse LLC, our Client’s best interest always come first and foremost, and everything we do is guided by our high values and professional ethics.
Services
Cryptocurrency Consulting
General cryptocurrency advice, reviews and due diligence on tokens, blockchain projects, general investment advice and trading strategy.
Security and putting processes in place to backup your crypto.
Cryptocurrency Mining & Staking
Setup and advice on Cryptocurrency mining rigs. Mining does not just include Bitcoin, there are numerous other options to mine, including other tokens, rigs that provide processing power and storage.
Masternodes
Nodes are a great way to generate cryptocurrency, similar to mining just without the expensive hardware.
Setting up and running a node is not straight forward, we can help.
Proof of Stake / Staking Wallets
Just like mining, storing your cryptocurrency in a wallet that is connected to the blockchain can generate you more crypto of that same token.
If you own POS coins and aren’t staking you are missing out on ROI.
Bitcoin – People’s Money
“Better a diamond with a flaw than a pebble without.”
Confucius
Diamond with a flaw
“Try not to become a man of success. Rather become a man of value.”
Albert Einstein
Man of Value
“If you don’t know what you want, you’ll never find it.
If you don’t know what you deserve, you’ll always settle for less.
You will wander aimlessly, uncomfortably numb in your comfort zone, wondering how life has ended up here.
Life starts now, live, love, laugh and let your light shine!”
Rob Liano
Let your light shine
“A person’s worth is measured by the worth of what he values.”
Marcus Aurelius, “Meditations”
Values
“Mathematics expresses values that reflect the cosmos, including orderliness, balance, harmony, logic, and abstract beauty.”
Deepak Chopra
Mathematics
“Every job from the heart is, ultimately, of equal value.
The nurse injects the syringe; the writer slides the pen; the farmer plows the dirt; the comedian draws the laughter.
Monetary income is the perfect deceiver of a man’s true worth.”
Criss Jami, “Killosophy”
Job from the Heart
“A person that does not value your time will not value your advice.”
Orrin Woodward
Value your time
“Once you embrace your value, talents and strengths, it neutralizes when others think less of you.”
Rob Liano
Embrace your Values
“Bad times have a scientific value. These are occasions a good learner would not miss.”
Ralph Waldo Emerson
Bad times
“I say no wealth is worth my life.”
Homer, “The Iliad”
Life
“But what’s worth more than gold?
Practically everything.
You, for example.
Gold is heavy.
Your weight in gold is not very much gold at all.
Aren’t you worth more than that?”
Terry Pratchett, “Making Money”
You are worth more than gold
“Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value.”
Louis L’Amour, “Education of a Wandering Man”
Knowledge
“Ô, Sunlight! The most precious gold to be found on Earth.”
Roman Payne
Sunlight
“Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value.”
Louis L’Amour, “Education of a Wandering Man”
Knowledge
“If life — the craving for which is the very essence of our being — were possessed of any positive intrinsic value, there would be no such thing as boredom at all: mere existence would satisfy us in itself, and we should want for nothing.”
Arthur Schopenhauer, “The Vanity of Existence”
Existence
“Our sole purpose on this earth is to add value to others.
It doesn’t make sense to just exist in people’s lives or to be a drain on them, does it?”
Rob Liano
Sole purpose
“Value judgments are destructive to our proper business, which is curiosity and awareness.”
John Cage
Curiosity & Awareness
“We set no special value on the possession of a virtue until we percieve that it is entirely lacking in our adversary.”
Friedrich Nietzsche, “Human, All Too Human: A Book for Free Spirits”
Virtue
“Maybe you had to come close to losing something before you could remember its value.
Maybe we enjoy the last minute struggle as it slips through our hands.”
Suraj Sani
Struggle
“Always remember that the minority dictates the prices, and the majority governs the value.”
Naved Abdali
Minority vs. Majority
“It is impossible to say whether an asset class valuation is cheap or expensive in isolation.
The valuation of an asset is relative to the valuations of all other assets.”
Naved Abdali
Valuation of an Asset
“Market quotes change every second, but business evolves steadily.
You have ample time to evaluate a business to buy or not to buy.
There is no rush.”
Naved Abdali
Evaluate
“The number one reason people lose money in investing is because they buy assets without giving any thought whatsoever to the fair value.”
Naved Abdali
Fair Value
“If investors do not know or never attempt to know the fair value, they can pay any price.
More often, the price they pay is far greater than the actual value.”
Naved Abdali
Actual Value
“Watching every tick up and every tick down is just wasting your valuable time.
Do yourself a favor, and pick up a book or two about investing each month.”
Naved Abdali
Pick up a book
“An ounce of gold will always be an ounce of gold regardless of the length of possession.
The short-term value will go up or down, but gold prices will follow the general inflation rate in the long run.”
Naved Abdali
General Inflation Rate
“A Collectible’s value is primarily based on the emotions and the perception of potential buyers.”
What Is Inflation? Inflation is a rise in prices, which can be translated as the decline of purchasing power over time. The rate at which purchasing power drops can be reflected in the … Continue reading Learn about Inflation Folks!→
Hy there my fellow citizens of this amazingly beautiful Mother Earth of… Not Ours !!! We tend to forget that and treat it as if we would have another habitable sphere on wich … Continue reading Free Spirit’s Library→
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton … Continue reading What is Bretton Woods ?!?→
A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, … Continue reading Smart Contracts by Nick Szabo-1994→
20 Rules for Security in bitcoin Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies. In the hopes that they … Continue reading 20 Security Rules for bitcoin→
BitHouse 