Dr. Jeff on Nostr: Lots of confusion out there. Let’s keep it simple. #Bitcoin is: - Decentralized - ...
Lots of confusion out there. Let’s keep it simple.
#Bitcoin is:
- Decentralized
- Secure
- Scarce
- Stateless
- Permissionless
- Energy Money
It’s not a tech company.
It has no cash flows and it never will.
It uses a lot of energy to maintain its unique properties (see above), and it always will. This is a feature, not a bug. Don’t apologize for it.
GM.
Published at
2024-01-18 18:55:31Event JSON
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"pubkey": "b7996c183e036df27802945b80bbdc8b0bf5971b6621a86bf3569c332117f07d",
"created_at": 1705604131,
"kind": 1,
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"content": "Lots of confusion out there. Let’s keep it simple. \n\n#Bitcoin is:\n- Decentralized \n- Secure\n- Scarce \n- Stateless \n- Permissionless \n- Energy Money\n\nIt’s not a tech company. \n\nIt has no cash flows and it never will. \n\nIt uses a lot of energy to maintain its unique properties (see above), and it always will. This is a feature, not a bug. Don’t apologize for it. \n\nGM.",
"sig": "f73728ed458896bc182050d2c60514482ab58d0a011f2c03b83e897a91c2fc7367d9bd201c6a360320f09e919f2990f34e71ffadf4287e2eb153aafc944d3c3e"
}
