The Big Gunt on Nostr: #Bitcoin is going up forever. The computing power of the Bitcoin network does over ...
#Bitcoin is going up forever.
The computing power of the Bitcoin network does over 600 quintillion calculations per second.
Quintillion.
Per second.
One quintillion seconds was 32 billion years ago. Multiply that by 600 and you get 19.2 trillion years.
The Big Bang supposedly happened 13.8 billion years ago.
19.2 trillion divided by 13.8 billion = 1,391.
The computing power of the #Bitcoin network is 1,391 times the length of the universe’s existence.
In case you didn’t get that.
The computing power of the #Bitcoin network is 1,391 times the length of the universe’s existence.
Now, calculations per second (a rate of computation) and seconds (a unit of time) aren’t necessarily relatable. This is more about understanding the magnitude of 600 quintillion calculations per second.
A year ago, Bitcoin’s computing power was 250 quintillion calculations per second. That number has more than doubled in just one year, with no signs of slowing down.
#Bitcoin is showing you there is a verifiably, absolutely scarce asset secured by a computer network 1,391 times more powerful than the length of all time. And that network is only getting more powerful.
Do you think it’s a coincidence Bitcoin is the best performing asset since its inception 15 years ago?
#Bitcoin is the apex predator of wealth storage.
You cannot store your value better than in a place that is verifiably, absolutely scarce, especially when that place is secured by computers doing 600 quintillion calculations per second.
There is an asset that they are NEVER making any more of secured by 19.2 trillion years of time.
Satoshi Nakamoto birthed #Bitcoin 15 years ago, on January 3rd, 2009.
That genesis included the innovation of programmable, absolutely finite scarcity tethered to the physical world via Proof-of-Work.
Since then, people and computers all over the world have continuously joined the network to secure that innovation.
More people and computers will be incentivized to join the network because they want to secure the innovation that protects and propagates their wealth better than any other asset in the universe, until the point where an overwhelmingly massive amount of human and computer power have joined the network, at which point the world will realize they can use #Bitcoin as money, just as Satoshi Nakamoto wanted #Bitcoin to be used.
There are two certainties in life.
1) Death
2) There will only be 21 million Bitcoin ever to exist
When #Bitcoin is global money, everything in the world will be priced in Bitcoin.
We can make more of anything else, but we can’t make more Bitcoin.
More and more and more and more divided by the same 21 million.
For perpetuity.
For the rest of time.
#Bitcoin is going up forever.
Published at
2024-04-04 17:54:06Event JSON
{
"id": "4b36f227f3ce404332157065139e8b5045504564f8a1c807921db979445f9f80",
"pubkey": "1947616f0c8800e57c47e1c363368d94d9babed71633768c9c2d5f480657caaf",
"created_at": 1712253246,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "#Bitcoin is going up forever.\n\nThe computing power of the Bitcoin network does over 600 quintillion calculations per second.\n\nQuintillion.\n\nPer second.\n\nOne quintillion seconds was 32 billion years ago. Multiply that by 600 and you get 19.2 trillion years.\n\nThe Big Bang supposedly happened 13.8 billion years ago.\n\n19.2 trillion divided by 13.8 billion = 1,391.\n\nThe computing power of the #Bitcoin network is 1,391 times the length of the universe’s existence.\n\nIn case you didn’t get that.\n\nThe computing power of the #Bitcoin network is 1,391 times the length of the universe’s existence.\n\nNow, calculations per second (a rate of computation) and seconds (a unit of time) aren’t necessarily relatable. This is more about understanding the magnitude of 600 quintillion calculations per second.\n\nA year ago, Bitcoin’s computing power was 250 quintillion calculations per second. That number has more than doubled in just one year, with no signs of slowing down.\n\n#Bitcoin is showing you there is a verifiably, absolutely scarce asset secured by a computer network 1,391 times more powerful than the length of all time. And that network is only getting more powerful.\n\nDo you think it’s a coincidence Bitcoin is the best performing asset since its inception 15 years ago?\n\n#Bitcoin is the apex predator of wealth storage.\n\nYou cannot store your value better than in a place that is verifiably, absolutely scarce, especially when that place is secured by computers doing 600 quintillion calculations per second.\n\nThere is an asset that they are NEVER making any more of secured by 19.2 trillion years of time.\n\nSatoshi Nakamoto birthed #Bitcoin 15 years ago, on January 3rd, 2009.\n\nThat genesis included the innovation of programmable, absolutely finite scarcity tethered to the physical world via Proof-of-Work.\n\nSince then, people and computers all over the world have continuously joined the network to secure that innovation.\n\nMore people and computers will be incentivized to join the network because they want to secure the innovation that protects and propagates their wealth better than any other asset in the universe, until the point where an overwhelmingly massive amount of human and computer power have joined the network, at which point the world will realize they can use #Bitcoin as money, just as Satoshi Nakamoto wanted #Bitcoin to be used.\n\nThere are two certainties in life.\n\n1) Death\n2) There will only be 21 million Bitcoin ever to exist\n\nWhen #Bitcoin is global money, everything in the world will be priced in Bitcoin.\n\nWe can make more of anything else, but we can’t make more Bitcoin.\n\nMore and more and more and more divided by the same 21 million.\n\nFor perpetuity.\n\nFor the rest of time.\n\n#Bitcoin is going up forever.",
"sig": "cc474490e39a387ee4ee5819c2c67e423b6287fc9be9b3a738753b43d97de1372eb3746e93ca9fd97ab06d9d4b1b3f7382ecde5450d62c3c4e37a5486aeb1339"
}