btcEngineer / BTC Engineer is on Nostr

#Engineer
#Bitcoin

Last Notes

2023-12-12 16:03:52

After this bull market, that lifeboat is gonna be a lot bigger!! 🫡
#nevent1q…7ke6

2023-12-12 13:22:49

https://globalnews.ca/news/10162421/canada-cattle-methane-emissions/
Canada is INSANE!!!!!
We are now incentivizing farmers to feed their livestock GARBAGE so that they BURP less! Not only will this do absolutely nothing to reduce methane emissions, it will also have 100 other unintended consequences.
Broken incentives from a broken monetary system. Wen hyperbitcoinization?
#bitcoin #cows #farming #methane

2023-05-04 19:08:47

Work is defined as force applied over a distance. Whenever work is done, energy is consumed. Therefore work is simply the consumption of energy in a valuable way.
Any intervention that attempts to limit the use of energy as a primary goal is fundamentally anti-work.
Think how suicidal it is to tax energy usage. It is essentially a war on work. Work is energy consumed to produce value. A war on work will simply accelerate the downfall of the American empire by penalizing those who use energy to produce value. It won't hurt Bitcoin, which will move elsewhere.

2023-05-04 18:48:00

30% tax means major exodus of mining from the US to other jurisdictions, AND major expansion of decentralized off-grid power sources. Bullish for Bitcoin long-term, and energy production. Might see hashrate drop in the short term though.

2023-05-02 13:02:12

Bitcoin is such a revolutionary technology that those who discover it are in some ways changed by it. It reverses the incentive structures of life. It prompts you to work harder, but with an eye to the future instead of the present. It gives a sense of hope. There is a temptation to "worship" Bitcoin because of these facts. Sure, we won't call it worship, but what exactly is worship anyway? It's not bowing down before something - in fact, you can do just that and still NOT worship what you bow down before if it's disingenuous. Worship is ascribing ultimate worth to something or someone. If you ascribe ultimate worth to Bitcoin, then you worship it.
Bitcoin will never solve the main problem of humanity: the human heart. Out of the heart comes all the evil that plagues the world, and no monetary system will fix that. In a hyperbitcoinized world, the human heart will find novel ways to commit evil.
Bitcoin is good, but it is not God, and cannot change the human heart. So don't worship Bitcoin - embrace it as a good for humanity. Worship God, who alone can save us from ourselves.
"For out of the abundance of the heart, the mouth speaks"

2023-05-01 18:40:20

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#[2]

2023-05-01 18:38:36

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#Bitcoin allows all kinds of opportunities for energy generation that was previously unprofitable. I'm exploring opportunities to build reliable and cost effective energy sources that are currently untapped. If you are in Ontario and have any ideas I'd love to collaborate.
#[0]

2023-05-01 18:24:16

I'm bullish on Bitcoin because it is fundamentally fair. It ties value to work. Work is fundamentally the creation of value. Money that is not created by work dilutes the value of all other work and concentrates that value into the hands of the money creators - a form of theft. And since all who work for a living are incentivized to protect from theft, widespread Bitcoin adoption is inevitable.

2023-04-24 19:42:42

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When I first heard about Bitcoin, and how people claimed it could solve all these massive human problems, I'll admit I dismissed it as almost a cult. But having gone down the rabbit hole now for a few years, it's just mindblowing how many of the problems in the world are, in part, causes by corrupted money. It won't solve the fallen human condition but it will stop incentivizing theft and exploitation in so many ways, as far as I can tell.

2023-04-24 19:36:40

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Do you mean the language of bitcoin as in the concept of money or literally the coding language? I've been going down the rabbit hole for a few years now. It's definitely a paradigm shift in thinking. In my case though, I still find the macro stuff more confusing.

2023-04-24 19:32:28

Hey #[0] #[1] I'm a fellow Canadian - in the GTA. New to Nostr. I'm wondering if you know of Bitcoiners with connections to the energy industry, specifically small scale hydro. Im exploring the possibility of doing some small scale mining with a mutually beneficial business model of consuming off-peak power only. Thanks, appreciate you guys and the work you're doing for the Bitcoin space 👊

2023-04-21 20:15:27

Hey #Nostr Fam! First post here.
Want to start talking about parallels between Bitcoin and reality. Here's a starter:
#Bitcoin's block reward scheme is like the passage of time. As you get older, the relative passage of a "block" of time becomes increasingly less in relation to the existing "supply", similar to the Bitcoin halving schedule!
A bit of a stretch I know 😂.