Bitcoin and it’s History

Finance, like most human inventions, is constantly evolving.

In the beginning it was basic: food was traded for livestock, and livestock for resources like wood, or maize. It progressed to precious metal, such as silver and gold. And now, the next step in financial evolution has come to light.

This new form of currency has been constantly evolving over the past decade, developed by an unknown person and maintained by a collective group of the brightest minds in technology.

It’s a new form of money that is created and held digitally, and the most important part, of course, is that no government owns it, or decides its value – the peer-to-peer network community does.

We call this new money, ‘Bitcoin’.

Historically, U.S. currency has been based on gold – you could give a dollar to the bank and receive a set amount back in gold. In contrast, Bitcoin isn’t based on silver or gold – it’s based on mathematical proofs validated by a public ledger called blockchain technology.

Bitcoin is generated through a complex sequence of mathematical formulas that run on computers; the network shares a public ledger using blockchain technologies that record, and validate, every transaction processed.

A single institution, such as the government, does not control the Bitcoin network.

The idea behind the technology has always been – and remains – one of decentralization – that is, remaining completely independent of a central authority, like a bank, a government, or a country.

Anyone can access the open-source software that makes Bitcoin work, and its those individuals interested that maintain it.

But, who invented Bitcoin? Is it a valid and legitimate currency like USD? And why did nobody think of this before?

But before we begin, let’s talk about the creator of Bitcoin – or rather, the anonymous pseudonym that first published a concept.

How Did Bitcoin Start?

There are many questions about Bitcoin, but the most common one to be asked is, “Who created it?”

That answer is not straightforward, because the identity of the creator remains a mystery. All we have is a pseudonym – Satoshi Nakamoto.

The accounts are no longer active; the coins in his wallet have never been spent.

Satoshi Nakamoto has disappeared from the world, or so it would seem.

Fast Company recently published an article suggesting that Satoshi Nakamoto could be a group of people, including Neal King, Vladimir Oksman, and Charles Bry. Apparently, these three people filed for a patent related to secure communication just two months prior to the purchase of the Bitcoin.org domain. Perhaps it’s a coincidence; perhaps it’s not.

What we do have, however, are facts:

  • On October 31st, 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System” was posted to a cryptography mailing list, published under the name “Satoshi Nakamoto”. The whitepaper outlined the foundation of how Bitcoin would operate.
  • On August 18, 2008, an unknown person or entity registered the Bitcoin.org domain.
  • On January 8th, 2009, the first version of Bitcoin is announced, and shortly thereafter, Bitcoin mining begins.

The mystery that surrounds Satoshi Nakamoto is fitting; privacy was a key value for both Bitcoin, and its users.

Others have tried to claim his mantle – most recently an Australian man named Craig Wright, who has since withdrawn his claim.

While we may never know who first created Bitcoin, we do know that the technology he started has left ripples in the financial industry.

Bitcoin has risen to fame thanks to individuals such as the Winklevoss twins controlling and growing the market, and major events that have defined this new technology’s existence such as the Mt. Gox Ponzi scheme disaster.

The people involved and the events that occur are a constant reminder that this market is unregulated and seem to fall in line with Satoshi Nakamoto’s goal of creating a decentralized network.

What is Bitcoin Used For?

Currency must have value to ensure stability.

The most common way for a person to judge a currency’s value is what they can use it on; Bitcoin is no different, and a host of vendors and merchants now accept it alongside, or in place of, fiat money.

One early adopter of Bitcoin was the computer retailer Dell. In fact, when Dell started accepting Bitcoin, it became one of the largest companies to do so internationally.

While the digital currency may total for just a fraction of the retailer’s total transaction volume, there are other key reasons why the growth of Bitcoin could be aboon for the retailer.

Dell reported earnings of $59 billion during 2015. Traditional transaction fees range from 2 to 3 percent of the purchase price – with Bitcoin, it’s much, much lower, nearing non-existent – saving the retailer a lot of money in the future.

Other companies, such as Expedia and Cheapair, have also started accepting Bitcoin, along with technology conglomerate Microsoft : users can add funds to their accounts with Bitcoin to purchase apps, games, and other types of digital content.

The acceptance of Bitcoin is a strategic decision on the part of these companies, most of which are reaching out to solidify their position with tech-savvy audiences.

There’s a lot of benefit to Bitcoin, and a variety of reasons for its use, including :

  • Faster Payment: Accepting wire transfers and checks is time consuming, and it can take several days for payment to clear. Bitcoin is faster and can take a matter of minutes, rather than days to process payment.
  • Lower Transaction Fees: The cost to accept Bitcoins is lower compared to other payment methods, such as credit cards or Paypal.
  • Independent of Governments: Since Bitcoin is decentralized, you own it – no authority has the right to take away your Bitcoin. People with concerns about mainstream banking systems unravelling find this a major benefit.
  • Elimination of Chargebacks: Once Bitcoin is sent, that’s it – you can’t chargeback, like you would with a credit card payment, which eliminates ‘chargeback fraud’ often used by criminals and scammers.
  • Protection Against Inflation: With a fiat currency, the government can print as much money as it desires – this drastically decreases the value of currency, and may result in inflation. In contrast, Bitcoin has a fixed number – after they have all been ‘mined’, no more Bitcoins will be created. Scarcity is an important aspect of currency which protects it from inflation.
  • Ownership of Currency: With Bitcoin, you own your coins. With other forms of digital fiat – such as Paypal – your assets may be held, and your account eventually suspending, locking you out of your earnings. Bitcoin puts you in control.

Is Bitcoin a Commodity, or a Currency?

Bitcoin is both. While it can be used to purchase items from major retailers, it’s also treated as property by government jurisdictions, such as the IRS.

The IRS issued a guide on Bitcoin for tax purposes, stating it will treat virtual currencies as property for federal purposes. They go on to state that:

In some environments, virtual currency operates like “real” currency — i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction.

The notice provides that virtual currency is treated as property for U.S. federal tax purposes.

Typically, property is almost always something tangible that can be held in the physical realm.

The IRS goes on to state that:

General tax principles that apply to property transactions apply to transactions using virtual currency. Among other things, this means that:

  • Wages paid to employees using virtual currency are taxable to the employee, must be reported by an employer on a Form W-2, and are subject to federal income tax withholding and payroll taxes.
  • Payments using virtual currency made to independent contractors and other service providers are taxable and self-employment tax rules generally apply. Normally, payers must issue Form 1099.
  • The character of gain or loss from the sale or exchange of virtual currency depends on whether the virtual currency is a capital asset in the hands of the taxpayer.
  • A payment made using virtual currency is subject to information reporting to the same extent as any other payment made in property.

In addition to the IRS’s guidance, the United States Commodities Futures Trading Commission in 2015 that Bitcoin is, in fact, a commodity.

The Future of Currency

Bitcoin has garnered a lot of attention over the past decade, despite constant declarations of its death – 99 Bitcoins keeps a running tab of ‘Bitcoin obituaries’.

Despite all of this, Bitcoin’s future has remained bright. Greater adoption rates, and an increasing number of brands accepting the currency (you can get a full list qui) means the long-term view on Bitcoin is that it will see market maturity as time progresses.

Mainstream investing vehicles, such as exchange-traded funds (ETFs) and Futures trading, including Bitcoin will be a major help to reaching that market maturity. Bitcoin Futures are already trading on the Chicago Mercantile Exchange (CME), and legislation to create a crypto ETF is in the works.

These securities will help stabilize cryptocurrency prices and mitigate volatility, which will help the public’s confidence grow in favor of Bitcoin.

It’s important to understand that, much like the early days of 1992, Bitcoin is a new technology – and new technologies can take decades to reach critical mass.

But, much like the Internet, no one wants to miss out on the ‘next big thing’ – and Bitcoin is the biggest thing yet. Constant updates are occurring to Bitcoin thanks to what is called a “hard fork”.

These constant updates ensure that digital currencies continue to experience growth through technological development.


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LiteCoin(LTC) :

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Ethereum(ETH) :

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Cardano(ADA) :

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BinanceCoin(BNB) :

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BitcoinCash(BCH)

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Shiba(SHIB) :

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Tron(TRX) :

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Stellar(XLM) :

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Anarchy Legacy

A Crypto Anarchist’s Legacy

Airfoil Dec 20, 2018

Timothy May on the cover of the second issue of Wired magazine with 2 fellow cypherpunks

Sadly, this past week we lost an icon that helped to spur the cypherpunk movement. Timothy May, who wrote The Crypto Anarchist Manifesto in 1988, lauched a movement that is still very prominent today.

For the uninitiated, a Crypto-Anarchist focuses on subverting the current laws and using new technologies to the benefit of the common man.

In the original manifesto, May says crypto-anarchy focuses on “encryption, digital money, anonymous networks, digital pseudonyms, zero-knowledge, reputations, information markets, black markets, collapse of governments”.

The manifesto was written just before the first crypto wars began during the early 1990’s.

The governments of the world fiercely opposed the general public using cryptographic encryption protocols.

The idea that a normal citizen could completely hide what they say in an electronic message was their biggest concern.

The governments cited national security as a concern (We’ve heard this excuse used many times before).

Tim May was embroiled in the center of this alongside his group of fellow cypherpunks.

RSA Security, a leading computer securty company founded by world-renowned cryptologists, created this poster against a hardware chip that used a US-government supplied encryption standard

The legislation of the anti-encryption laws would also affect payment processing technology. There was a large push back from tech companies that would have to deal with these issues first-hand.

The crypto wars of the 1990’s ended with the concession from the government that encryption was readily available around the world.

The public had won their first bout against the government surveillance state. Alongside the public, you had the cypherpunks and large tech companies that were all fighting a common threat.

There was not much of an issue in terms of encryption for quite a few more years.

Every few years afterward, the idea of backdoors into encryption schemes were brought up but nothing ever came about these new ideations.

The Crypto Wars Redux

The expansion of computational power and development of more efficient processing equipment closed the gap as to who can gain access to encryption software.

The widespread availabilty of software/hardware that can perform these cryptographic calculations involved in encryption and the ease of use has made it possible for the layman to encrypt their own personal messages, video calls,emails, and notes.

Encrypting an email with someone who has never imported a key to their keyring, or generated their own PGP public/private key pair is a thing of the past.

Many of the services that exist today offer these solutions out of the box. The process has become much easier for all parties involved.

Anyone that is now using this technology benefits from this on a privacy and security level.

With all parties benefitting, the leviathan rears its head once more. Australia has passed an anti-encryption bill that will force large tech companies to allow the Australian government to obtain hardware access(citing national security as a major reason).

Outrage has spilled out of the larger tech companies. The end-to-end zero knowledge messaging/calling app, Signal, has taken a stand against this bill.

This sounds very similar to the issues Tim May was battling with during the early days of the First Crypto War.

The cypherpunks came out on top and I’m sure this legislation will face a similar fate.

May’s Impact on the World

The imprint that Timothy May left on the world is profound. The mass adoption of encryption as well as cryptocurrencies shows just how far ahead of the times he was.

May urged the importance of privacy.

He insisted on the use of encryption to keep your communications private.

Currently on a majority of mobile phones there are applications that provide encrypted communications. Whatsapp uses the Signal protocol which was developed by cypherpunk Moxie Marlinspike.

The rise of cryptocurrencies is an ideal that May was very hopeful for.

May did come out against the anti-privacy issues of bitcoin.

There are projects that offer solutions for this privacy debate.

Much of the developer-base of these certain cryptocurrencies have their foundation based in the cypherpunk tradition.

The Cryptocurrencies that aim for a privacy by default mechanism are monero and the soon to launch GRIN which uses the Mimblewimble Protocol (To see an extremely entertaining introduction to the GRIN project via talk-to-text chat for privacy preservation, listen to the creator of Grin).

Zcash is moving in the direction of private by default and the superior cryptography of the ZK range proofs will help to create a very private cryptocurrency.

Cody WIlson and Amir Taaki who worked on projects focused on the crypto-anarchic tradition including Dark Wallet and Defense Distributed

The impact Tim May made on the world by helping to create a social movement shows the importance and strength of his ideals.

He has impacted a generation of people that are growing up in the digital age.

He influenced builders in the 21st century.

You have people creating new currencies, exposing government surveillance on a national scale, circumventing the broken bueracratic system by creating their own markets, anonymous internet protocols, as well as making encryption applicable to the common man (You can find a list of prominent cypherpunks here and also here).

There isn’t enough that can be said about the applications in which he believed could positively affect us.

May was cognizant of the encroaching all-seeing eye of the state but I believe we are in much better shape now than we’ve ever been.

There may be negative news about what we currently face as individuals, from the unprecedented surveillance of the Snowden leaks to the aforementioned Australian anti-encryption bill, but looking at the grand scheme of our daily lives, these tools and their functions have helped to create a much better day than May could have imagined in 1988.

He was a proponent for the industriousness of human nature to outpace the slow moving regulation that would try to bog down any progress.

You can listen here to what he thought people/creators should do when they develop ground breaking technology.

Arise, you have nothing to lose but your barbed wire fences!

Timothy C. May – “The Crypto Anarchist Manifesto”

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Carlin – Fighting for Peace


Fighting for Peace…

George Denis Patrick Carlin (May 12, 1937 – June 22, 2008) was an American stand-up comedian, actor, social critic and author.

Regarded as one of the most important and influential stand-up comics of all time, he was dubbed “the dean of counterculture  comedians”.

He was known for his dark comedy and reflections on politics, the English language, psychology, religion and taboo subjects.

His “seven dirty words” routine was central to the 1978 United States Supreme Court case F.C.C. v. Pacifica Foundation, in which a 5–4 decision affirmed the government’s power to censor indecent material on the public airwaves.

The first of Carlin’s 14 stand-up comedy specials for HBO was filmed in 1977. From the late 1980s, his routines focused on sociocultural criticism of American society.

He often commented on American political issues and satirized American culture. He was a frequent performer and guest host on The Tonight Show during the three-decade Johnny Carson era and hosted the first episode of Saturday Night Live in 1975. His final comedy special, It’s Bad for Ya, was filmed less than four months before his death from cardiac failure.

In 2008, he was posthumously awarded the Mark Twain Prize for American Humor. In 2004, he placed second on Comedy Central‘s list of top 10 American comedians.

In 2017, Rolling Stone magazine ranked him second (behind Richard Pryor) on its list of the 50 best stand-up comedians of all time.

His film roles included a taxi driver in Car Wash, Frank Madras in Outrageous Fortune, Rufus in Bill & Ted’s Excellent Adventure  and Bill & Ted’s Bogus Journey, Eddie Detreville in The Prince of Tides, Cardinal Ignatius Glick in Dogma, Architect in Scary Movie 3, and Bart Trinké in Jersey Girl. He did voice-over roles as Zugor in Tarzan II, Fillmore in Cars and narrated the first four seasons in the American dub of the British children’s television show Thomas & Friends.


GOAT
Greatest Of All Times

Wonder in Peace bright mind !

Thank you for the special moments !




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Arise…

Timothy C. May

Arise, you have nothing to lose but your barbed wired fences!

Timothy C. May

Wonder In Peace bright mind!

Thanks for the guidance and wisdom!

The world will never know how much they owe you!

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BitAddress

Open Source JavaScript Client-Side Bitcoin Wallet Generator

A Bitcoin wallet is as simple as a single pairing of a Bitcoin address with its corresponding Bitcoin private key. Such a wallet has been generated for you in your web browser and is displayed above.

To safeguard this wallet you must print or otherwise record the Bitcoin address and private key. It is important to make a backup copy of the private key and store it in a safe location. This site does not have knowledge of your private key. If you are familiar with PGP you can download this all-in-one HTML page and check that you have an authentic version from the author of this site by matching the SHA256 hash of this HTML with the SHA256 hash available in the signed version history document linked on the footer of this site. If you leave/refresh the site or press the “Generate New Address” button then a new private key will be generated and the previously displayed private key will not be retrievable. Your Bitcoin private key should be kept a secret. Whomever you share the private key with has access to spend all the bitcoins associated with that address. If you print your wallet then store it in a zip lock bag to keep it safe from water. Treat a paper wallet like cash.

Add funds to this wallet by instructing others to send bitcoins to your Bitcoin address.

Check your balance by going to blockchain.info or blockexplorer.com and entering your Bitcoin address.

Spend your bitcoins by going to blockchain.info and sweep the full balance of your private key into your account at their website. You can also spend your funds by downloading one of the popular bitcoin p2p clients and importing your private key to the p2p client wallet. Keep in mind when you import your single key to a bitcoin p2p client and spend funds your key will be bundled with other private keys in the p2p client wallet. When you perform a transaction your change will be sent to another bitcoin address within the p2p client wallet. You must then backup the p2p client wallet and keep it safe as your remaining bitcoins will be stored there. Satoshi advised that one should never delete a wallet.

Source:

https://www.bitaddress.org/

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Napoleon Hill Quotes


Napoleon Hill

Napoleon Hill was an American author in the area of the new thought movement who was one of the earliest producers of the modern genre of personal-success literature.

He is widely considered to be one of the great writers on success.

His most famous work, Think and Grow Rich (1937), is one of the best-selling books of all time (at the time of Hill’s death in 1970, Think and Grow Rich had sold 20 million copies).

Hill’s works examined the power of personal beliefs, and the role they play in personal success.

He became an advisor to President Franklin D. Roosevelt from 1933 to 1936. “What the mind of man can conceive and believe, it can achieve” is one of Hill’s hallmark expressions.

How achievement actually occurs, and a formula for it that puts success in reach of the average person, were the focal points of Hill’s books.



” The starting point of all achievement is DESIRE.

Keep this constantly in mind.

Weak desire brings weak results, just as a small fire makes a small amount of heat. “

Napoleon Hill – “Think and Grow Rich”

Desire

Whatever the mind can conceive and believe, it can achieve. “

Napoleon Hill – “Think and Grow Rich”

The Mind

” You are the master of your destiny.

You can influence, direct and control your own environment.

You can make your life what you want it to be. “

Napoleon Hill – “Think and Grow Rich”

The Master of your destiny

” When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal. “

Napoleon Hill – “Think and Grow Rich”

Defeat

” Do not wait: the time will never be ‘just right’.

Start where you stand, and work whatever tools you may have at your command and better tools will be found as you go along. “

Napoleon Hill

Time will never be just right’

” When your desires are strong enough, you will appear to possess superhuman powers to achieve. “

Napoleon Hill

Desires and superhuman powers

” A quitter never wins and a winner never quits. “

Napoleon Hill

Quitter vs. Winner

” The man who does more than he is paid for will soon be paid for more than he does. “

Napoleon Hill

More than you’re paid

” Our only limitations are those we set up in our own minds. “

Napoleon Hill

Limitations

” Happiness is found in doing, not merely possessing. “

Napoleon Hill – “Think and Grow Rich”

Happiness

” An educated man is not, necessarily, one who has an abundance of general or specialized knowledge.

An educated man is one who has so developed the faculties of his mind that he may acquire anything he wants, or its equivalent, without violating the rights of others. “

Napoleon Hill – “Think and Grow Rich”

An educated man

” Every adversity, every failure, every heartbreak, carries with it the seed of an equal or greater benefit. “

Napoleon Hill – “Think and Grow Rich”

The Seed

” More gold had been mined from the mind of men than the earth it self. “

Napoleon Hill – “Think and Grow Rich”

Mind gold

” A goal is a dream with a deadline. “

Napoleon Hill

Goal

” Opinions are the cheapest commodities on earth.

Everyone has a flock of opinions ready to be wished upon anyone who will accept them.

If you are influenced by “opinions” when you reach DECISIONS, you will not succeed in any undertaking. “

Napoleon Hill – “Think and Grow Rich”

Opinions…cheapest commodities on earth !

” We refuse to believe that which we don’t understand. “

Napoleon Hill – “Think and Grow Rich”

Refuse to believe…

” You are entitled to know that two entities occupy your body.

One of these entities is motivated by and responds to the impulse of fear.

The other is motivated by and responds to the impulse of faith.

Will you be guided by faith or will you allow fear to overtake you? “

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Fear

” Remember that your dominating thoughts attract, through a definite law

of nature, by the shortest and most convenient route, their physical counterpart.

Be careful what your thoughts dwell

upon. “

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Law of Nature

” IF – and this is the greatest of them all – I had the courage to see myself as I really am, I would find out what is wrong with me, and correct it, then I might have a chance to profit by my mistakes and learn something from the experience of others,for I know that there is something WRONG with me, or I would now be where I WOULD HAVE BEEN IF I had spent more time analyzing my weaknesses, and less time building alibis to cover them. “

Napoleon Hill – “Think and Grow Rich”

Courage to see thyself

” First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality.

The beginning, as you will observe, is in your imagination. “

Napoleon Hill

Imagination

” The strongest oak of the forest is not the one that is protected from the storm and hidden from the sun.

It’s the one that stands in the open where it is compelled to struggle for its existence against the winds and rains and the scorching sun. “

Napoleon Hill

Strongest oak

” Weak desires bring weak results, just as a small amount of fire brings a small amount of heat. “

Napoleon Hill

Weak desires

” Persistence is to the character of man as carbon is to steel. “

Napoleon Hill

Persistance

” A genius is simply one who has taken full possession of his own mind and directed it toward objectives of his own choosing, without permitting outside influences to discourage or mislead him. “

Napoleon Hill

Genius

” Neglecting to broaden their view has kept some people doing one thing all their

lives. “

Napoleon Hill – “Think and Grow Rich”

Broaden your view

” If you are not learning while you’re earning, you are cheating yourself out of the better portion of your compensation. “

Napoleon Hill

Learning while you’re earning

” Wise men, when in doubt whether to speak or to keep quiet, give themselves the benefit of the doubt, and remain silent. “

Napoleon Hill

Silence

” One who has loved truly, can never lose entirely.

Love is whimsical and temperamental. Its nature is ephemeral, and transitory.

It comes when it pleases,and goes away without warning.

Accept and enjoy it while it remains, but spend no time worrying about its departure.

Worry will never bring it back. “

Napoleon Hill – “Think and Grow Rich”

Love

” TELL THE WORLD WHAT YOU INTEND TO DO, BUT FIRST SHOW IT.

This is the equivalent of saying “deeds, and not words, are what count most. “

Napoleon Hill – “Think and Grow Rich”

” Remember,too,that all who succeed in life get off to a bad start,and pass through many heartbreaking struggles before they “arrive”.

The turning point in the lives of those who succeed usually comes at some moment of crisis,through which they are introduced to their “other selves”. “

Napoleon Hill – “Think and Grow Rich”

The turning point

“Most great people have attained their greatest success just one step beyond

their greatest failure.”

Napoleon Hill

One step beyond your greatest failure

” Awake,arise,and assert yourself,

you dreamers of the world.

Your star is now in ascendancy. “

Napoleon Hill – “Think and Grow Rich”

Dreamers of the world

” Most so called FAILURES are only temporary defeats. “

Napoleon Hill – “Law of Success”

Temporary defeats

” Effort only fully releases its reward after a person refuses to quit. “

Napoleon Hill

Effort and reward

” Fears are nothing more than a state of mind. “

Napoleon Hill – “Law of Success”

Fears

” Whatever the mind can conceive and believe, the mind can achieve regardless of how many times you may have failed in the past or how lofty your aims and hopes may be. “

Napoleon Hill

The mind

” You are entitled to know that two entities occupy your body.

One of these entities is motivated by and responds to the impulse of fear.

The other is motivated by and responds to the impulse of faith.

Will you be guided by faith or will you allow fear to overtake you? “

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Faith vs Fear

” The only limitation is that which one sets up in one’s own mind. “

Napoleon Hill – “Think and Grow Rich”

Limitation

” Every man is what he is, because of the dominating thoughts which he permits to occupy his mind. “

Napoleon Hill – “Think and Grow Rich”

Dominating thoughts

” There is no substitute for persistence.

The person who makes persistence his watch-word, discovers that “Old Man Failure” finally becomes tired, and makes his departure.

Failure cannot cope with persistence. “

Napoleon Hill – “Think and Grow Rich”

Persistance

” The most practical of all methods for controlling the mind is the habit of keeping it busy with a definite purpose, backed by a definite plan.”

And


“A man whose mind is filled with fear not only destroys his own chances of intelligent action, but he transmits these destructive vibrations to the minds of all who come in contact with him, and destroys, also, their chances.”

Napoleon Hill – “Think and Grow Rich”

Mind busy with definite purpose

” Patience, persistence and perspiration make an unbeatable combination for success. “

Napoleon Hill

3 P’s

“Success requires no explanations.

Failure permits no alibis.”

Napoleon Hill – “Think and Grow Rich”

Success

” He had nothing to start with, except the capacity to know what he wanted, and the determination to stand by that desire until he realized it. “

Napoleon Hill, Think and Grow Rich

Determination and Desire

” Nature will not tolerate idleness or vacuums of any sort.

All space must be and is filled with something . . .

When the individual does not use the brain for the expression of positive, creative thoughts, nature fills the vacuum by forcing the brain to act upon negative thoughts.

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Nature

” In parting, I would remind you that “Life is a checkerboard, and the player opposite you is time.

If you hesitate before moving, or neglect to move promptly, your men will be wiped off the board by time.

You are playing against a partner who will not tolerate decisions! “

Napoleon Hill – “Think and Grow Rich”

Life is a checkboard

” Close friends and relatives, while not meaning to do so, often handicap one through “opinions” and sometimes through ridicule, which is meant to be humorous.

Thousands of men and women carry inferiority complexes with them all through life, because some well-meaning, but ignorant person destroyed their confidence through “opinions” or ridicule. “

Napoleon Hill – “Think and Grow Rich”

Opinions

” If you must be careless with your possessions, let it be in connection with material things.

Your mind is your spiritual estate!

Protect and use it with the care to which Divine Royalty is entitled.

You were given a WILL-POWER for this purpose. “

Napoleon Hill – “Think and Grow Rich”

Your mind is your spiritual estate

” Deliberately seek the company of people who influence you to think and act for yourself. “

Napoleon Hill – “Think and Grow Rich”

Company of people who influence you

” Remember, the thoughts that you think and the statements you make regarding yourself determine your mental attitude.

If you have a worthwhile objective, find the one reason why you can achieve it rather than hundreds of reasons why you can’t. “

Napoleon Hill

Worthwhile objective

” Failure always is a blessing when it forces one to acquire knowledge or to build habits that lead to the achievement of one’s major purpose in life. “

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Failure

” All the breaks you need in life wait within your imagination.

Imagination is the workshop of your mind, capable of turning mind energy into accomplishment and wealth. “

Napoleon Hill

Imagination – the workshop of your mind

“Knowledge has no value except that which can be gained from its application towards some worthy end.”

Napoleon Hill, Think and Grow Rich

Knowledge

” The ladder of success is never crowded at the top. “

Napoleon Hill – “Think and Grow Rich”

Ladder of success

” There is one weakness in people for which there is no remedy.

It is the universal weakness of LACK OF AMBITION! “

Napoleon Hill – “Think and Grow Rich”

Lack of Ambition

“One of the most common causes of failure is the habit of quitting when one is overtaken by temporary defeat.”

Napoleon Hill – “Think and Grow Rich”

Temporary defeat

” Love is essential for happiness, but the person who loves so deeply that his or her happiness is placed entirely in the hands of another, resembles the little lamb who crept into the den of the nice, gentle little wolf and begged to be permitted to lie down and go to sleep, or the canary. “

Napoleon Hill – “The Law of Success in Sixteen Lessons”

Love

” The leaders in every walk of life decide quickly, and firmly.

That is the major reason why they are leaders.

The world has the habit of making room for the man whose words and actions show that he knows where he is going. “

Napoleon Hill – “Think and Grow Rich”

Know where you’re going

” ASK any wise man what he most desires and he will, more than likely, say “more wisdom. “

Napoleon Hill – “The Law of Success in Sixteen Lessons”

More Wisdom

” You have a brain and mind of your own.

Use it, and reach your own decisions. “

Napoleon Hill – “Think and Grow Rich”

You have a brain…Use it!

Thoughts are things,” and powerful things at that, when they are mixed with definiteness of purpose, persistence, and a burning desire…

Napoleon Hill

Thoughts are things

” Every person who wins in any undertaking must be willing to burn his ships and cut all sources of retreat.”

Napoleon Hill – “Think and Grow Rich”

No retreat

” The mind has a definite way of clothing one’s thoughts in appropriate physical equivalents.

Think in terms of poverty and you will live in poverty.

Think in terms of opulence and you will attract opulence.

Through the eternal law of harmonious attraction, one’s thoughts always clothe themselves in material things appropriate unto their nature. “

Napoleon Hill – “You Can Work Your Own Miracles”

The Mind

” No man is your enemy, no man is your friend, every man is your teacher. “

Napoleon Hill – “The Prosperity Bible: The Greatest Writings of All Time on the Secrets to Wealth and Prosperity”

Every man is your teacher

” INSUFFICIENT EDUCATION.

This is a handicap that may be overcome with comparative ease.

Experience has proven that the best-educated people are often those who are known as ‘self-made’ or self-educated.

It takes more than a university degree to make one a person of education.

Any person who is educated has learned to get whatever they want in life without violating the rights of others.

Education consists not so much of knowledge, but of knowledge effectively and persistently applied.

People are paid not merely for what they know, but more particularly for what they do with what they know. “

Napoleon Hill – “Think and Grow Rich”

Self-Education

” Then accumulated knowledge is not wisdom?

A Great heavens, no!

If knowledge were wisdom, the achievements of science would not have been converted into implements of destruction. “

Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”

Knowledge vs Wisdom

” The entire world is made up of only two things, energy and matter.

In elementary physics we learn that neither matter nor energy (the only two realities known to man) can be created nor destroyed.

Both matter and energy can be transformed, but neither can be destroyed.

Life is energy, if it is anything.

If neither energy nor matter can be destroyed, of course life cannot be destroyed.

Life, like other forms of energy, may be passed through various processes of transition, or change, but it cannot be destroyed.

Death is mere transition.

If death is not mere change, or transition, then nothing comes after death except a long, eternal, peaceful sleep, and sleep is nothing to be feared.

Thus you may wipe out, forever, the fear of Death. “

Napoleon Hill – “Think and Grow Rich”

Fear of Death

” ‘Master Mind’, meaning a mind that is developed through the harmonious co-operation of two or more people who ally themselves for the purpose of accomplishing any given task. “

Napoleon Hill – “The Law of Success”

“Master Mind”

” KNOWLEDGE will not attract money, unless it is organized, and intelligently directed, through practical PLANS OF ACTION, to the DEFINITE END of accumulation of money.

Lack of understanding of this fact has been the source of confusion to millions of people who falsely believe that “knowledge is power.”

It is nothing of the sort!

Knowledge is only potential power.

It becomes power only when, and if, it is organized into definite plans of action, and directed to a definite end. “

Napoleon Hill – “Think and Grow Rich”

Knowledge is potential power

Sources :

https://en.m.wikipedia.org/wiki/Napoleon_Hill

https://www.goodreads.com/author/quotes/399.Napoleon_Hill



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Vires In Numeris

Vires In Numeris

” 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.

And God only knows who is in charge of that.

Elliptic curve examples (cc-by-sa Emmanuel Boutet)

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.

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$10 Million each coin 🤯😳🤯

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