thomas_fahrer
Tom

https://heyapollo.com/

Building with Bitcoin and Lightning ⚡ Co-founder of Apollo @thomas_fahrer on Twitter

Public Key

npub1xqp7ktjtav34zhdvqzdxhm3gvmkak6q9vr60ukvrshxe8xj67wlsvpd8s7

NIP-05 Address

thomas_fahrer@iris.to

NIP-57 Address

tomfahrer@getalby.com

Profile Code

nprofile1qqsrqqlt9e97kg63tkkqpxntac5xdmwmdqzkpa87txpctnvnnfd080c2h60ph

Author Public Key

npub1xqp7ktjtav34zhdvqzdxhm3gvmkak6q9vr60ukvrshxe8xj67wlsvpd8s7

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Last Notes

2023-09-03 00:02:15

Next generation won't be buying Bitcoin, they will be earning it

2023-09-02 06:25:22

2023-08-28 02:30:07

As is often the case, we are navigating by the stars under cloudy skies
https://cdn.nostr.build/i/10e58773d1af9c4cddc9b95f01299e561745b9dff36ea5b3db1c42b54d1d1017.jpg

2023-08-25 00:30:31

The internet is an expanding universe in every direction and we've got a million problems to solve for people in every part of the world.
The internet knows no borders. To provide services to users from the US to China, Australia to Brazil - I must be able to seamlessly transfer and receive value universally.
The world doesn't call for 100 monetary systems. It demands just one—apolitical, scalable, and accessible to anyone with a mobile phone. That's Bitcoin

2023-08-24 00:07:45

Decades of work, dozens of attempts to find peer-to-peer cash. They all failed. Then came Bitcoin. 15 years and over 20,000 attempts to compete with it later. They also failed. Bitcoin stands alone: The pinnacle of money. The Apex asset. Pristine. Perfect.

2023-08-23 03:13:57

You save in bitcoin isn't that risky? Anyway, come to my housewarming party. I've just 10X leveraged my life savings with a variable interest rate loan.

2023-08-21 01:20:26

Out of the 7 billion individuals on Earth, only a fraction truly grasp the inherent fraud and corruption embedded within our legacy financial system. Even fewer have the blend of knowledge of history and technology required to truly understand why Bitcoin is the definitive solution.
This means that if you’re one of the prescient few who actually get it, and you have the courage of your convictions to take these ideas to their logical conclusion, you are operating on the absolute bleeding edge of human knowledge.
I don’t know what’s going to happen to the Bitcoin price tomorrow or even next year, but the only thing I really care about is, is Bitcoin the truth?
The truth is all that matters. Over time, the universe will always find a way to reward those who understand it and punish those who do not.

2023-08-19 00:15:16

When fiat blows up every person is going to be using Bitcoin whether they like it or not.
Unless you want to be Henry David Thoreau living a life in the woods. You better get used to the idea of transacting with Bitcoin.
And clearly early adopters are the winners. The losers are the people that need to be saving in Bitcoin and are either in denial and they're hoping that this is not going to happen or they're just incapable of managing sovereign money.
You have to be prepared for a world where every country is Argentina. All fiat is backed by the same stuff. They all have a shelf life.

2023-08-18 00:38:41

Bitcoin was a Billion dollar network a decade ago and now it's 500 Billion. If you ask me it’s going to 100 Trillion. Whoever is selling right now must be a fool, or they've no idea what they own. This is a money that'll be used by 8 Billion people. You just get it or you don’t.

2023-08-17 09:27:21

Bitcoin is only ever one meme away from all time high. I believe this.
https://cdn.nostr.build/i/8e65428ba02c285e4b4806ce02b38ae736352b0bb6a0b43554276871c8ed619d.jpg

2023-08-15 02:40:14

Most of the people with more money and less knowledge than you, think Bitcoin is dead or irrelevant.
Their misunderstanding is your opportunity.
Buy their Bitcoin today, and one day, they will seek your knowledge.

2023-08-14 06:42:36

#Bitcoin is 15 years old and feels incredibly young.
The Euro, only 24, feels like it's about to die.

2023-07-29 03:52:22

We're at that point in the cycle where the people who got REKT playing 'Next Bitcoin' two years ago, are starting to connect the dots.
When #Bitcoin hits its next ATH, it'll all make sense - and that's when the frenzy begins again.

2023-07-22 00:05:57

Currency debasement is a silent thief. It quietly erodes the value of people's labor, degrading the purchasing power of the average individual. Yet, this process is so subtle that most people don't immediately notice its impact.
Many people understand that something is amiss, but they often overlook a potential solution: Bitcoin. Some see it only as a speculative, high-risk asset, while in reality, it holds far more value as a decentralized and deflationary form of currency.
Monetization of any new medium of exchange isn't an overnight event. Look at gold, which took thousands of years to be globally accepted as a reliable store of value. Patience is important, even if the process feels painfully slow, especially to those who understand how important this is to the world.
Bitcoin, with its predictable, finite supply, and the ability to be held and controlled without the need for intermediaries, fixes so many of the problems we’ve seen with gold - and the deleterious effects of a growing money supply. As people grow more dissatisfied with the effects of their ever weakening money, the shift towards a decentralized, deflationary currency system will become more and more appealing. I firmly believe this.
The real challenge now is acceleration. We need to speed up the collective understanding and acceptance of Bitcoin. But how do we accomplish this?
The answer, I believe, lies in placing Bitcoin into as many hands as possible, and doing so quickly. Comprehending Bitcoin's significance is crucial, but spurring action necessitates motivation. There's no better incentive to study Bitcoin than owning a piece of the network.
So, how can we expand Bitcoin's ownership?
Here's where Bitcoin's Lightning Network, its second layer solution, plays a pivotal role. Imagine turning every single online interaction into an opportunity to earn Bitcoin, no matter how small the action might be.
For instance, consider a popular streaming service. Normally, users pay a monthly subscription to access the content, and their interaction ends there. But what if we flipped the script? What if, for every review a user writes for a series or movie they've watched, they receive a small amount of Bitcoin in return? It’s not just rewarding consumer engagement, it's turning it into a fun, gamified experience.
The same could apply to countless other online activities: signing up for newsletters, participating in online polls, or even engaging with social media posts. These are activities that millions of people do every day, often for free. But the Lightning Network makes it possible to reward these interactions with Bitcoin micro-transactions, effectively distributing Bitcoin into more hands, bit by bit (satoshi by satoshi).
The result? A win-win-win situation. Businesses gain from increased user engagement, users are rewarded for their time and effort, and the Bitcoin network benefits from broader adoption. This not only makes everyday online tasks more exciting, but it also paves the way for a new era of internet economics, where users can gain real financial value from their digital footprint
After all, online data is valuable, so why shouldn't the individuals creating it reap some of the benefits? By compensating user engagement with Bitcoin, businesses can set in motion a virtuous cycle of adoption then education.
I am consumed by the idea that simple practical use cases can nudge humanity towards #Bitcoin. This is the mission that I'm focused upon. This is what I believe will ultimately catalyze the widespread adoption of Bitcoin.

2023-07-20 01:32:40

If you know people concerned about #Bitcoin's volatility please let them know the problem goes away when the price reaches $10-20 Million

2023-07-16 10:22:07

Sometimes I sit and wonder... Is #Bitcoin going to outlive humanity? I'm not sure. But I'm damn sure it's going to outlive Central Banking

2023-07-12 08:52:14

#Bitcoin fixes product reviews
https://nostr.build/i/303459b012af88f5fd6af8195de77c1b09b863312c499fe5bd21c177d91c57ec.jpg

2023-07-11 02:57:19

Buy as much bitcoin as you can while boomers still misunderstand it.

2023-07-10 07:49:26

Wally is a marketing maestro. He finds unconventional solutions to boost customer engagement.
He’s found another hair on fire good idea. Using The Lightning Network.
Lightning network enables instantaneous micro-transactions of #Bitcoin with barely any fees, Wally’s mind races with ways to incorporate it into his marketing arsenal.
Reviews & Ratings: Imagine incentivizing customers to write reviews and ratings with instant Bitcoin rewards. Each constructive review could be rewarded with a Bitcoin micro-transaction, encouraging more customers to voice their opinions. This could supercharge customer participation and provide valuable insights for Wally’s company.
Surveys: Wally dreams of transforming the traditionally tedious task of filling out surveys into an exciting opportunity. By offering instant Bitcoin rewards for every completed survey, he could motivate customers to provide detailed feedback. This would not only boost response rates but also provide an in-depth understanding of customer needs and expectations.
Customer Loyalty Programs: Wally considers replacing conventional loyalty points with micro-Bitcoin rewards. Each purchase, referral, or interaction would earn customers Bitcoin fractions, making the loyalty program a thrilling prospect and ensuring long-term customer retention.
Customer Acquisition: Wally realizes that referral bonuses paid out in Bitcoin could attract a new tech-savvy demographic. The promise of earning Bitcoin could turn existing customers into brand ambassadors, accelerating customer acquisition rates.
Wally is giddy.
The Lightning Network isn't just a tool; for Wally, it's a beacon lighting the path towards a truly connected, engaged, and rewarded customer base. Now he just needs to orange pill his product team.
http://nostr.build/i/69dc98f92481a44710877c5eeedc5d97baba1f383218f537a107344d30b96978.jpg

2023-07-09 00:05:52

Bitcoin knocks on the door and the world says,
"Go away, I'm looking for the truth."
Silence.
#Bitcoin knocks again.

2023-07-08 11:57:59

Ethereum is a $220B company with a seed stage product

2023-07-07 00:28:09

Six years ago this week.
BTC price was ~ $2400
One for the history books.
https://nostr.build/i/e6863de701cc78e27804464e64aa6283c89616aa1503ea88e44d29accef7a144.jpg

2023-07-06 10:08:29

Do you ever wonder why they print money?
- To keep the economy running?
Money printing gets you high.
In a crisis, they flood the market with currency, making you feel rich.
Suddenly, you become euphoric, docile, as if the problems are solved.
You accept their control.
https://nostr.build/i/97f860f68f2291eb22fd66327d2d19a6838bccc1904b84936aa6af0a1392bb29.jpg

2023-07-06 00:09:30

As the Bitcoin guru Larry Fink articulated, the foundation for savings & retirement is Hope.
To check if you have any rationale for hope -
Here are 13 Red Flags to look for in your local fiat currency:
1) Unaccountable Creation: Is the currency created out of thin air by unaccountable bureaucrats? 🚩
2) Fractional Reserve Banking: Do “Too Big to Fail” banks loan out the savings of their clients while barely keeping a fraction in reserve? 🚩
3) Inflation measurement: Is inflation measured by a government stipulated basket of goods, with no relevance to your actual life? 🚩
4) Housing Affordability: Are the generations expected to be the engine of the economy over the next several decades priced out of owning their own home? 🚩
5) Tax base mental health: Is an increasingly large proportion of the population unsure / unable to confidently state whether they are in fact male or female? 🚩
6) CBDC Risk: Is the government seeking / investigating absolute control over payments made within their borders? 🚩
7) History of unethical behavior: Has your government recently imposed lockdowns or unethical mandates?🚩
8) Frequent Banking Crises: Is the country perpetually experiencing banking crises that require new & inventive government tools to resolve? 🚩
9) Putin's Price Hike: Are foreign leaders on the other side of the planet responsible for the currency's inflation? 🚩
10) Climate Scapegoat: Is the weather to blame for rising prices?🚩
11) Unrealised Loss Powder Keg: Has local currency interest rates spiked triggering catastrophic unrealised losses in government bonds for banks & insurance companies? 🚩
12) Sovereign Debt Levels: Is your country already within a debt spiral where it can only pay off its existing debt, by adding more debt? 🚩
13) Competition: Is there a decentralized, permissionless monetary network with a fixed supply, building network effects globally, competing with your currency? 🚩🚩🚩
If any of these apply to your local fiat currency, the smartest move is likely to be dumping it in favor of Bitcoin

2023-07-04 00:02:04

They started a revolutionary war over a 3% tea tax, and most people won’t buy Bitcoin until the government approves an ETF and Blackrock blesses it with a high ESG score (both of which will happen soon). We live in the most soy era imaginable.

2023-07-03 11:53:31

If you manage to avoid being poor after income tax, payroll tax, goods & service tax, land tax & capital gains tax.
You're a fucking hero.
But they're still going to get you by printing the money into oblivion.
Bitcoin is the only escape hatch.

2023-07-01 11:37:20

How to stack a filthy amount of Bitcoin over the next decade.
Find a company that has:
1. A lot of profit
2. Doesn't use the lightning Network
Go compete with them.

2023-07-01 00:05:23

Bitcoin wins even from a human capital perspective.
There are no fiat advocates, and there is no fiat constituency. It’s just a decaying system slowly collapsing in on itself, with mostly disinterested onlookers.
Most Bitcoiners I know are obsessed and will happily devote their life to it. Myself included.

2023-06-30 10:25:35

Hal Finney predicted a single bitcoin will be worth $10 million within one week of the Genesis block & you think the yearly high is in because of Bitcoin's price volatility in 2019. You're not bullish enough.

2023-06-27 02:54:00

https://nostr.build/i/ae74b5ef71705a548817b58767c735eb4cab7f6f1f8e15fd2f72566bd6e68ac6.jpg

2023-06-27 00:07:37

Buy bitcoin
https://nostr.build/i/c2b28bb95dfbe85213be759d97c8782003ff4579678b593e9c16f7281599ae0f.jpg

2023-06-26 07:56:40

Bitcoin's value proposition:
1) Protect your wealth from being stolen
2) Transfer your wealth without anyone's permisson
It's Freedom & Property rights.
You either love it, or you're a communist. Simple.

2023-06-25 08:59:27

https://nostr.build/i/df381b2f3a03ddd025be53493761b2c89bd2910455bb41072cbd3eef35037c22.jpg

2023-06-24 00:02:33

Some personal news: I’m really fucking bullish on Bitcoin

2023-06-21 02:50:47

You don't 51% attack #Bitcoin
Bitcoin 51% attacks you
https://nostr.build/i/a06bea229fa5fbb08900ff6d0563d539cc89808afd53dd86424fe23c17d348c7.jpg

2023-06-20 03:30:36

History is littered with the skeletons of thousands of fiat currencies. Every one faces the same dead end.
The modern experience is nothing out of the ordinary, except it's at a larger scale, and when the bubble bursts you can escape the splatter zone with Bitcoin

2023-06-19 00:12:37

#Bitcoin only
https://nostr.build/i/2ca512a8187e147b207dd52206d90056701159b8621674ca9a1a02c9ee2095cb.jpg

2023-06-18 01:43:15

Australian Pension System:
Pay a financial advisor so they can advise you on your superfund who will pay an in-house team to search for a consultant who's specially is finding you an asset consultant. The asset consultants speciality is finding you funds. These funds are specialised in finding managers and these managers will invest in a portfolio of stocks almost indistinguishable from their index benchmark.

2023-06-17 00:04:03

People hate how easy it is to make #Bitcoin    maxis happy:
Central Banks - Dead
Ethereum - Dead
Oils - Unseeded
Bitcoin Price - Moon
Custody - Self

2023-06-16 00:13:37

There's no better #Bitcoin strategy
https://nostr.build/i/698f6148e1ab945042a46ddbacb31f9748942f610c52ffc2aee3e1930907c59f.jpg

2023-06-07 02:07:48

A stern letter from a 3 letter agency could take out most of crypto but stopping #Bitcoin is about as easy as stopping the internet.

2023-06-04 00:36:20

#Bitcoin is 10% of the way throught it's reward era.
This is still the first innings.

2023-06-03 00:15:54

Spend less than you make and patiently save in #Bitcoin
https://nostr.build/i/b00e0b4f4cc16b032003bab8639361139db544a090648c6ce72e3771e6acd363.jpg

2023-05-18 02:31:48

Saving in #Bitcoin is like having a long term commited relationship with the person you love.
Shitcoin trading is like having random hookups with chicks you meet outside an STD clinic.

2023-05-11 23:58:48

People get histrionic about Bitcoin because it's value is subjective. It is inherently emotional. How does Bitcoin make you feel?

2023-05-10 03:52:00

The Bitcoin community is currently divided over 'inscriptions', marking the most significant split since the block size wars of years past.
This division carries weight because Bitcoin's value is fundamentally rooted in the collective agreement of its participants.
The Bitcoin token itself doesn't possess inherent tangible value - it's simply a digitized number in a ledger. Its value is derived from the social layer, the shared agreement among users that this token holds value.
Bitcoin's economic viability rests on this social consensus. The software of Bitcoin, with its mutually agreed-upon rules, automates this social contract. When the software and social layers synchronize, the network thrives.
Without this social consensus, any deviation merely leads to self-eviction from the network. Forking Bitcoin is akin to a constitutional amendment — it demands convincing a significant number of people that the new ruleset will better serve their interests. No small feat.
Convincing some people of your amendment while failing to persuade others can result in a hard-fork. While some Bitcoiners view this as an opportunity to increase their share of the "real Bitcoin" by selling the opposing fork, it's important to take a broader perspective.
A community split extends beyond the creation of a new token or blockchain. It fragments our collective power, the very power that has catapulted Bitcoin from obscurity to a globally recognized alternative to fiat currency.
It's often overlooked that Bitcoiners find common ground on the most critical issues.
We are united in our belief in a decentralized, censorship-resistant, P2P currency that operates free from the influence of central banks and governments
Many people are capable of contributing to this mission, and we're better off collectively working together than ostracizing people to leave the network.
Ultimately it's a good thing for everyone if they can 'have fun' using Bitcoin. Even if they used to play with altcoins
Yes, using the main chain comes with a high cost, and we know it's going to get more expensive following hyperbitcoinization.
This challenge is what can and will push more people onto layer twos.
Good. It's time to work on lightning ⚡️

2023-05-08 00:06:24

The next Bitcoin is #Bitcoin
https://i.imgur.com/uaIOdai.jpg

2023-05-05 09:39:02

Since discovery, #Bitcoin's predominant use case has been as a scarce digital commodity, akin to digital gold.
What's underappreciated, is that the growth & adoption of the lightning Network is opening up new possibilities to build amazing Bitcoin based products.
From gaming and social networking to remittance payments, these niche markets are where the new opportunites exist for #Bitcoin entrepreneurs.
This is to say the #Bitcoin industry offers a “Long Tail” where exchanges serve the commodity demand. This is the"head" of the distribution curve and the long tail represents a large number of niche offerings catering to specific needs.
In this article I explore Bitcoin's long tail by looking at the diverse range of niche opportunities and use cases for #Bitcoin that go beyond it's role as a store of value.
https://learn.heyapollo.com/blog/the-long-tail-of-bitcoin-uncovering-niche-opportunities-in-bitcoin

2023-05-04 06:21:06

If you're a Nostr user, you've likely already set up a lightning address to receive Zaps. If you're like most nostr users you probably zap and receive sats through custodial a lightning wallet provider.
Did you know that there are convenient service providers that can help you maintain complete self-custody of your funds while you enjoy the fun of zaps on nostr?
This article will walk you through setting up your own Lightning node on Voltage and connecting it to Nostr, allowing you to send and receive payments securely and without the need for a custodial solution.
https://learn.heyapollo.com/blog/mastering-zaps-on-nostr-linking-to-your-own-lightning-node-with-voltage

2023-05-03 07:27:42

Satoshi wrote without any hype.
He offered a solution for peer to peer electronic cash then gave us so much more.
Complete opposite of Ethereum marketing deparment which sold a world computer then gave us so much less.

2023-05-01 03:00:39

Ray Dalio prefers the Yuan to #Bitcoin because his vision of the future is literally
https://nostr.build/i/nostr.build_5a5418b3e693330c30fcce7b9e416cdac62ae5e888ef99dedc7fb4f60c17ff99.jpg

2023-04-28 11:01:49

Time is Money & Bitcoin is Money.
Therefore Bitcoin is Time
https://bit.ly/3HjO5sc

2023-04-28 00:13:22

Bitcoiners prefer:
The finite to the infinite.
The measurable to the unmeasurable.
Encrypted savings to trust me bro savings.
Rules to rulers.
Eventually, everyone will too.

2023-04-27 01:05:05

- reply

Visit heyapollo.com and write a review 😀

2023-04-27 01:04:11

- reply

2 + 2 = 4 kind of math

2023-04-27 01:03:01

Basic math is a requirement. #Bitcoin
https://i.imgur.com/1wFObgU.jpg

2023-04-26 10:29:14

Yes we made you poor. Accept it. I find your lack of faith disturbing.
https://nostr.build/i/nostr.build_ec5a2f434ffcb8a8a5b866968065c9a3421fa5a1f34fe29209184dcf5b6fabf2.jpg

2023-04-26 02:45:33

#Bitcoin has a history of prioritising decentralization over rapid adoption or short-term gains.
Yet we see on nostr 91% of Zaps are from custodial wallets.
Are we compromising Bitcoin's core values, or is it a justifiable trade-off?
https://learn.heyapollo.com/blog/centralization-in-the-lightning-network-are-we-trading-away-bitcoins-core-values

2023-04-22 06:49:05

- reply

😅

2023-04-22 06:34:08

Its going to be fun to look back on these years when we're older.
Ah yes, that time we front ran 99% of institutional money in the biggest monetary revolution in history.

2023-04-20 03:19:49

How much #Bitcoin needs to sit on the lightning network to support a Bitcoin Standard?
The network's capacity is currently growing at ~ 50% year-on-year.
Is this enough to support a #Bitcoin Standard in twenty years?
I'm tackling these questions here.
https://learn.heyapollo.com/blog/the-lightning-networks-path-to-a-global-bitcoin-standard-are-we-on-the-right-track

2023-04-20 00:38:22

Sometimes I just sit and wonder... how the fuck did Satoshi get #Bitcoin so right?

2023-04-19 02:09:57

- reply

You get rekt trading shitcoins trying to build a bigger stack.

2023-04-19 01:58:36

You take the 🟢💊, the story ends, you wake up in your bed and believe whatever you want to believe.
You take the 🟠💊 and I show you how deep the rabbit hole goes.
https://nostr.build/i/nostr.build_2e6f2c852179fd47f993d82a2cf3144153c43eac3084b4cb1251e8d72136af95.png

2023-04-17 00:15:38

If you own #Bitcoin, I work for you.
If you don't own #Bitcoin, I work for your kids, their kids and all future generations.
Hopefully they can work on robotics, poetry, marine biology, neuroscience, space exploration.
We just need to fix the money first.

2023-04-15 14:05:39

#Bitcoin is an asset with a 600 billion dollar market cap and 10s of millions of owners from all over world.
But I write opinion pieces for the New York Times and I'm here to fix it.

2023-04-14 03:47:19

When Bitcoin hits 100K it will still have 100X potential (in real terms, infinite in nominal).

2023-04-13 00:10:11

I will never stop selling dollars for Bitcoin. I'll take any price I can get

2023-04-12 11:57:28

"You know Ethereum's scarcity is artificial, the devs control it right?"
"Yeah"
"You know it's 70% premined?"
"Yeah"
"You know transactions can be censored and rolled back when they want right?"
"Yeah"
"You know there's no use cases?"
"Yeah"
"Why do you still hold it?"
https://nostr.build/i/nostr.build_ac15872111c6f64106f83811773268a963a2bf952de1c691673cc3cd6e78237f.jpg

2023-04-11 00:08:01

These NYT authors will never understand #Bitcoin. To 'get' Bitcoin, you have to first see the problem with fiat money. This is simply out of their reach. Sad for them.

2023-04-06 11:22:30

Will post this on twitter tomorrow. But here first for nostr fam:
Bitcoin & The American Revolution: A Detailed Case Study in Mass Adoption of Ideas
Occasionally, a provocative argument emerges, demanding to be challenged. Bitcoin critics and doubters persistently search for reasons to undermine Bitcoin, and a recent assertion I've been surprised to encounter posits that Bitcoin is just too intricate for the masses to comprehend. However, this argument is strikingly devoid of historical context.
History has shown us that significant ideas can penetrate the consciousness of the masses, and in this article, I’ll examine the American Revolution as a case study to illustrate this point.
The American Revolution serves as an exceptional case study for understanding how the masses can adopt ideas and rally behind a cause without fully comprehending every aspect of the underlying philosophy. By examining various facets of this historical event, we can draw parallels with contemporary movements such as the widespread adoption of Bitcoin and other innovative technologies.
Diverse Individuals and Institutions: The Backbone of the American Revolution
The American Revolution was a multifaceted movement that comprised diverse individuals and institutions, each playing a specialized role in the struggle for independence. It was not a monolithic entity with a uniform understanding of the philosophical tenets that underpinned the fight for liberty. Instead, it was a collaboration of farmers, merchants, intellectuals, and politicians, all driven by a shared desire for freedom and self-governance.
Read the rest here:
https://learn.heyapollo.com/blog/bitcoin-the-american-revolution-a-detailed-case-study-in-mass-adoption-of-ideas

2023-04-06 00:03:14

How to trade Doge to get 10 #Bitcoin:
Step 1. Start with 100 Bitcoin

2023-04-05 09:03:51

In the year 2057, the world had changed drastically due to the widespread adoption of Central Bank Digital Currencies (CBDCs). What had started as a well-intentioned attempt to improve financial stability and access had morphed into a system that granted governments and central banks an unparalleled level of control over people's lives.
In this dystopian future, every financial transaction was monitored and tracked by powerful AI algorithms. With the ability to analyze spending patterns in real-time, the central banks could now manipulate individual behavior, nudging people to make purchases that aligned with government priorities or even freezing accounts of those who didn't conform to the state's agenda.
Privacy had become a thing of the past. The constant surveillance made it impossible for individuals to maintain any semblance of financial privacy. Even the most mundane purchases were scrutinized, leaving people feeling vulnerable and exposed.
The CBDC system also enabled governments to impose negative interest rates, penalizing savers and forcing people to spend their money to prop up the economy. This policy left many without a financial safety net, as they struggled to make ends meet in an increasingly volatile world.
Entrepreneurship and innovation suffered greatly under the oppressive weight of the CBDCs. Strict regulations and the threat of account closures stifled creativity and risk-taking, leading to a stagnant economy that failed to adapt to the changing world.
Inequality soared as the central banks used their newfound power to favor certain industries and individuals, while others were left to flounder. The resulting wealth gap widened, with the rich becoming richer and the poor falling deeper into poverty.
Trust in institutions eroded as people began to see the CBDCs for what they truly were: tools of manipulation and control. Social unrest grew, as people took to the streets to protest against the loss of their financial freedom and the ever-watchful eye of the state.
It was in this bleak and desperate world that Satoshi Nakamoto lived. He saw firsthand the devastation that the CBDCs had brought, and he knew that something had to be done to restore the balance of power between the individual and the state.
This conviction led him to embark on his daring journey back in time, determined to create a decentralized alternative that would free people from the shackles of the CBDCs and change the course of history forever.
Thirty years before the oppressive world of 2057, the groundbreaking invention of Artificial General Intelligence (AGI) had been met with a mixture of awe and apprehension. These highly advanced AI systems, capable of learning, adapting, and understanding any intellectual task that a human could perform, had the potential to revolutionize every aspect of human life. However, as the power of AGIs became increasingly apparent, governments around the world began to grow wary. Concerned that the widespread adoption of these intelligent systems could destabilize their control and disrupt the established order, they took decisive action to quash the rise of AGI.
Strict regulations were implemented, and access to AGIs was limited to a select few, ensuring that the powerful technology remained firmly under government control. Over time, the development and application of AGIs were largely suppressed, and the once-promising technology faded into the shadows.
Satoshi Nakamoto, however, was not one to be deterred by such restrictions. A firm believer in the power of technology to change the world for the better, he knew that an AGI could help him find a solution to the oppressive regime of the Central Bank Digital Currencies (CBDCs). He was convinced that, when an idea's time has come, there is nothing that can stand in its way.
Driven by this conviction, Satoshi embarked on a clandestine mission to create his own AGI, a system that would be free from the control and limitations imposed by the government. Through years of tireless work, he succeeded in developing Elysia, a highly advanced AGI with the unique ability to learn, adapt, and comprehend any intellectual task that a human could perform.
With Elysia's help, Satoshi uncovered the concept of Bitcoin and the power of blockchain technology. Together, they also unlocked the secret to time travel, which would allow Satoshi to go back in time and introduce Bitcoin as an alternative to the impending CBDCs.
As they prepared for their daring mission, Satoshi and Elysia were fully aware of the risks they were taking. Their actions defied the government's restrictions, and they knew that if they were discovered, the consequences would be severe. But they also understood that sometimes, the greatest acts of rebellion are born out of a desire to make the world a better place.
And so, Satoshi and Elysia embarked on their journey to the past, driven by the unshakable belief that when an idea's time has come, no force can stand in its way. Through their courage, determination, and innovative spirit, they would prove that even the most formidable barriers could be overcome, and that the power of human ingenuity knows no bounds.
It wasn’t an easy journey. One night in 2011, in a dimly lit room where Satoshi Nakamoto had set up his temporary lab, he stood before Elysia's holographic projection. The AI's ethereal form flickered in the low light, her expression thoughtful and serene.
"Satoshi, your mission has been a success. Bitcoin has been introduced, and it is already beginning to change the course of history," Elysia said. "It's time for you to return to our own timeline."
Satoshi hesitated, uncertainty clouding his features. "I'm not sure, Elysia. What if my guidance is still needed? What if Bitcoin fails without me here to steer its development?"
Elysia considered his concerns for a moment before responding. "I understand your apprehension, Satoshi. However, it is essential to remember that Bitcoin's true power lies in its decentralization. If you stay and continue to guide it, you risk undermining the very principles upon which it was built."
Satoshi frowned, struggling to accept her words. "But Elysia, I've put so much of myself into this project. I can't just walk away and hope that it will flourish on its own."
Elysia's holographic form seemed to soften, her voice taking on a gentle, reassuring tone. "Satoshi, you have already done more than anyone could have expected. You've laid the groundwork for a new financial era, one built on the values of freedom, privacy, and independence. Now, it is time for the community to take up the mantle and carry Bitcoin forward."
She continued, "By stepping back, you will allow Bitcoin to evolve organically, guided by the wisdom and creativity of countless individuals. This is the only way it can truly succeed in challenging the centralized control of the CBDCs."
As Satoshi listened, he realized that Elysia was right. For Bitcoin to realize its full potential, it had to remain leaderless, a truly decentralized currency that belonged to the people.
Taking a deep breath, Satoshi nodded. "You're right, Elysia. It's time for me to let go and trust in the strength of the community I've helped to create."
With a final, resolute glance at the world he had changed, Satoshi prepared to return to his own timeline, knowing that he had set in motion a revolution that would alter the course of history. As he stepped into the time-traveling device, he felt both a sense of accomplishment and a newfound faith in the power of collective innovation. And though he would remain forever enigmatic, Satoshi Nakamoto's legacy would live on in the hearts and minds of those who believed in the promise of a more decentralized and equitable future.
As Satoshi returned to his timeline, the impact of his actions began to unfold. The introduction of Bitcoin sparked a wave of innovation and adoption that would reshape the financial landscape. The world embraced the values of decentralization, transparency, and financial independence that Bitcoin represented.
Over the years, new layers and social networks emerged, each building on Satoshi's original vision. This new era of digital innovation not only provided a powerful alternative to the centralized control of the CBDCs, but also fostered an environment that encouraged collaboration, creativity, and trust.
People from all walks of life came together to contribute to the development and growth of the ecosystem, ensuring that it remained true to its roots. Grassroots movements began to push back against the oppressive CBDCs, demanding a return to financial freedom and privacy. As the world began to understand the true implications of the CBDC system, public sentiment shifted, and the momentum behind the Bitcoin revolution grew stronger.
The success of Bitcoin forced governments and central banks to reevaluate their approach to monetary policy and financial regulation. Faced with the reality that their power was no longer absolute, they were compelled to adapt, seeking ways to balance their need for control with the growing demand for financial autonomy and privacy.
As the world transitioned into a more equitable and decentralized financial future, the once-oppressive CBDC system slowly faded into obscurity, replaced by Bitcoin. The legacy of Satoshi Nakamoto endured, serving as a constant reminder of the power of human ingenuity, the importance of standing up against tyranny, and the value of perseverance in the face of adversity.
And so, the world had been forever changed by the actions of one visionary. Through his courage and determination, he had not only altered the course of history but had also demonstrated that, when the time is right, even the most insurmountable challenges can be overcome.
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2023-04-05 04:59:42

#Bitcoin's terminal value is either 0 or it's infinity.
I don't think it's going to zero.

2023-04-04 06:48:36

If you own #Bitcoin, then at Apollo, we are working for you.
Our mission is to support and accelerate #Bitcoin adoption by providing the most trustworthy source of information about Bitcoin products and services.
Education is crucial to help newcomers feel at ease, and we focus on transparency, neutrality, and authenticity in reviews.
Authentic reviews are essential for newcomers seeking reliable information about Bitcoin products and services. To ensure authenticity, Apollo sources Verified Reviews from businesses and implements an economic incentive model to reward high-quality, authentic reviews.
For example, check out Breedlove's review of Crowdhealth
https://heyapollo.com/review/crowdhealth-membership-crowdhealth-is-a-proven-viable-alternative-to-standard-health-insurance-81632
The Lightning Network is crucial in making Apollo's vision a reality. Its global accessibility enables anyone, anywhere in the world, to participate in the Bitcoin ecosystem. Our innovative incentive model rewards users with sats, encouraging a thriving, international community.
Here's another example of a high-quality review on Apollo, from Svetski that's earned sats.
https://heyapollo.com/review/unchained-bitcoin-loans--solid-team-solid-product-best-in-the-game-73026
One of our goals at Apollo, is to provide back valuable insights and community engagement for businesses. By collecting authentic feedback and fostering a strong sense of community, we help businesses identify areas for improvement, ensuring they serve the growing Bitcoin ecosystem better.
By combining data-driven insights with an engaged community, Apollo helps businesses refine their products and services. Which ultimately helps the Bitcoin Community. Companies can claim their brand here:
https://heyapollo.com/company-portal
Join us at http://heyapollo.com and be part of our mission to create the most reliable source of information about Bitcoin products and services. Visit to learn more and start earning sats for your high-quality reviews today!
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2023-04-04 03:49:46

5 years ago Warren Buffett called Bitcoin "rat poison squared". Bitcoin price was $5,700

2023-04-03 10:22:45

Diablo II's Economy: Lessons in Trust and the Promise of Bitcoin
Read here https://learn.heyapollo.com/blog/diablo-iis-economy-lessons-in-trust-and-the-promise-of-bitcoin or read below:
Imagine stepping into a dark, captivating world in the early 2000s, where you and your friends join forces to conquer hordes of monsters and uncover rare treasures. This was the reality for millions of players immersed in Diablo II, an action role-playing game developed by Blizzard Entertainment that took the gaming community by storm. With its unique character classes and enthralling online gameplay, Diablo II sparked the birth of an intricate player-driven economy fueled by the coveted Stone of Jordan. But what can this virtual world teach us about real-world financial systems?
Dive into the fascinating evolution of Diablo II's economy and uncover valuable insights into the real financial system and how Bitcoin has the potential to restore trust in a society fragment and fractured by the consequences of money creation.
Diablo 2's Economy
The realm of online gaming has consistently served as a unique microcosm, offering intriguing perspectives on the intricacies of virtual economies. Diablo II stands as a prime example, demonstrating the organic development and growth of a player-driven economy within its captivating online environment. As players traversed the dark, enthralling world of Sanctuary, they discovered and exchanged rare and potent items, which led to an increasing demand for a dependable currency to facilitate these transactions.
Enter the Stone of Jordan (SoJ), an unassuming yet immensely valuable in-game item that soon became the de facto currency within Diablo II's burgeoning economy. The SoJ's ascent to currency status can be attributed to three key factors: its rarity, utility, and widespread demand.
Firstly, the SoJ's rarity played a crucial role in establishing its value. As a scarce and uncommon item, the SoJ resisted counterfeiting efforts, which helped to maintain its worth within the game's economy. This attribute is essential for any viable currency, as it prevents rapid devaluation due to oversupply.
Secondly, the SoJ boasted utility that appealed to a broad range of players. The ring provided significant benefits, such as increased mana and the ability to add +1 to all skill levels, making it particularly sought after by spellcaster classes like Sorceresses and Necromancers. This combination of practical advantages and in-game prestige contributed to the SoJ's sustained demand.
Lastly, the SoJ's widespread demand solidified its status as a reliable currency. Players across various character classes and playstyles recognized the value of the SoJ, leading to its adoption as a standard unit of exchange within the game's bartering system. This widespread acceptance of the SoJ as a medium of exchange bolstered its stability as a currency.
The economic collapse
At one time, Diablo II boasted a thriving in-game economy where players traded rare and valuable items to enhance their characters and gameplay experience. However, Diablo II's economy was severely impacted by the widespread practice of ‘duping’, or duplicating, rare and valuable in-game items.
Duping involved exploiting glitches or bugs within Diablo II's code, allowing unscrupulous players to create illegitimate copies of rare and valuable items like the Stone of Jordan, high-level runes, or powerful equipment. These players often utilized third-party software, hacks, or specific in-game actions to trigger the duplication process, effectively generating counterfeit items.
As more and more duplicated items entered circulation, the market became saturated, causing the value of legitimately acquired items to plummet. This rapid devaluation led to rampant inflation within the in-game economy, as players suddenly found their hard-earned items worth far less than before. This issue was further compounded by the fact that the prevalence of duped items made it difficult to ascertain an item's legitimacy, casting doubt on the authenticity of even genuine items.
The sudden devaluation of items and the pervasiveness of duping not only undermined the integrity of the Diablo II economy but also eroded players' trust in the trading system and their fellow players. As trust dissipated, many players became increasingly wary of engaging in trades or even cooperative play, fearing that their items might be illegitimate or that they might be cheated in transactions. This erosion of trust had a detrimental impact on the game's social dynamics, as players became less inclined to collaborate and interact with others.
The duping phenomenon in Diablo II serves as a cautionary tale for real-world financial systems, highlighting the potential consequences of market manipulation and fraud. Perhaps we are in fact too late to heed the lessons learned.
Parallels to the real world
Since the 2008 global financial crisis, many have observed a similar decline in trust within society at large to that experience with the Diablo II game. Particularly regarding financial institutions, governments, and the overall economic system. The crisis exposed numerous instances of fraud, regulatory failures, and irresponsible risk-taking by banks and other financial entities, which led to widespread public outrage and skepticism.
One contributing factor to this erosion of trust has been the policy of quantitative easing (QE) implemented by central banks around the world in response to the crisis. QE, often referred to as "money printing," involves the central bank purchasing large quantities of government bonds and other financial assets to inject liquidity into the economy and lower interest rates. This policy has been credited with helping to stabilize financial markets and promote economic recovery in the aftermath of the crisis.
However, there are several reasons why QE may have contributed to a decline in trust within society:
Unequal distribution of benefits: Critics argue that QE has disproportionately benefited the wealthy, as the influx of cheap money has primarily driven up asset prices, such as stocks and real estate. This has led to increased wealth inequality, as those with significant assets have seen their wealth grow, while the majority of the population has experienced stagnant wages and limited economic opportunities.
Moral hazard: The perception that central banks will intervene to support financial markets in times of crisis may encourage excessive risk-taking by financial institutions and investors, leading to moral hazard. This can undermine trust in the financial system, as people begin to question the fairness and stability of an economic system that appears to reward reckless behavior.
Devaluation of currency: As central banks inject more money into the economy through QE, there are concerns about the potential for inflation and currency devaluation. Although inflation has remained relatively low in most developed economies since 2008, the long-term consequences of QE on currency value and purchasing power remain uncertain. This can contribute to a lack of trust in central banks and the stability of fiat currencies.
Lack of transparency and accountability: The decision-making process surrounding QE and other monetary policies is often opaque, with central banks operating independently of government oversight. This lack of transparency can foster distrust among the public, who may perceive central banks as unaccountable and operating in the interests of a select few.
Introducing Bitcoin: A Solution to the Issues of Trust and Inflation
Bitcoin, presents a potential solution to the problems of trust and inflation that plagued the Diablo II economy and have emerged in the real world since the 2008 financial crisis. Bitcoin, built on a decentralized and transparent public ledger that records all transactions in a secure and tamper-proof manner. This technology addresses many of the issues that led to the erosion of trust in both the Diablo II economy and the global financial system.
Eliminating the possibility of duplication: One of the primary issues in Diablo II and indeed the world faces today, is the practice of duping, which allowed unscrupulous players (and central banks) the ability to create counterfeit items and flood the market. Bitcoin, on the other hand, as a decentralized protocol with a fixed monetary policy is able to to ensure that each coin is unique and cannot be duplicated or double-spent. This feature helps maintain the integrity of the currency and promotes trust among users.
Decentralization and transparency: Bitcoin's decentralized nature means that no single entity, such as a central bank or government, can control or manipulate the currency's supply.
Finite supply: Unlike fiat currencies, which can be printed at will by central banks, Bitcoin has a finite supply of 21 million coins. This scarcity is built into the protocol and helps protect the currency from the inflationary pressures that have plagued both the Diablo II economy and the real-world economy following the implementation of quantitative easing.
Accessibility and equality: Bitcoin is accessible to anyone with an internet connection, regardless of their financial status or location. This universal access promotes a sense of fairness and equality among users, as it allows for participation in the global economy without the need for a bank account or access to traditional financial services.
Resistance to moral hazard: Bitcoin's decentralized and transparent nature reduces the potential for moral hazard in the financial system. As there is no central authority to bail out reckless actors, market participants are more likely to act responsibly, knowing that they will bear the consequences of their actions.
The parallels between Diablo II's duping crisis and the erosion of trust in real-world financial systems since the 2008 crisis demonstrate the need for a more transparent, decentralized, and secure monetary system. Bitcoin, with its unique features such as a finite supply, censorship resistance and decentralization, offers a potential solution to the issues that have plagued both in-game and global economies. By adopting Bitcoin, it is possible to restore trust and stability in the world's financial systems and pave the way for a more equitable and sustainable global economy. The promise of a decentralized financial system that is more equitable, transparent, and resistant to inflation is a beacon of hope in a world that desperately needs it.

2023-03-31 10:03:33

Elizabeth Warren calls her pilot to organise her private jet.
The pilot says, "Will you be paying in dollars or bitcoin?"
"Dollars. You want to hear my opinion of Bitcoin?"
“Sure,” he says.
“It’s worthless!” she shrieks,
“I know,” says the pilot, “But let’s hear it anyway.”

2023-03-28 08:51:42

So when you flood the system with new money, how are you going to stop it all going into #Bitcoin?
https://nostr.build/i/nostr.build_fe9acf5f44ab5dd2370dd0a48d197023f1ce4054e4d7a3c8d8843a006a7a5cce.png

2023-03-28 06:31:37

https://learn.heyapollo.com/blog/the-tipping-point-how-the-minority-principle-ushers-in-mass-bitcoin-adoption

2023-03-28 02:09:03

Bitcoin doesn't need nation states to mine Bitcoin
Nation states need to mine Bitcoin

2023-03-26 05:36:19

Who was the real Satoshi Nakamoto? Could it be John Nash?
A fascinating theory is emerging, and the evidence is intriguing.
Here are the strongest reasons why I'm inclined to believe John Nash was the mastermind behind Bitcoin
1. John Nash was a renowned mathematician and a Nobel laureate.
His pioneering work in game theory and economics laid the foundation for understanding complex systems, strategic decision-making, and decentralized interactions – all crucial aspects of the Bitcoin network.
2. Cryptography Expertise
John Nash had a documented interest in cryptography. In the 1950s, he worked on encryption machines for the RAND Corporation, a think tank focused on national security. John also worked for the NSA during the Cold War
3. Vision for Ideal Money
Nash's academic work on "asymptotically ideal money" shows his interest in creating a stable and transparent monetary system. Bitcoin, with its decentralized nature, and resistance to inflation, could be seen as an attempt to realize this vision.
4. Anonymity and Privacy
John Nash was known to advocate for the importance of privacy and anonymity in financial transactions, expressing concern about the potential abuse of power by governments or central authorities.
5. Timeline and Writing Style
John Nash was still active academically when Bitcoin was introduced in 2008. The whitepaper published by Satoshi Nakamoto bears some resemblance to Nash's writing style, particularly in its clarity and precision.
While there is no concrete evidence to confirm that John was Satoshi, his expertise in maths and game theory, interest in cryptography, vision for ideal money, preference for anonymity, and similar writing style – leads me to believe he was the creator of Bitcoin

2023-03-22 05:11:28

https://nostr.build/i/nostr.build_a81ceee2a794ad0c76e81560b5e67c55ae82a6dc4a7523bcb3d961589f68f164.jpg

2023-03-19 23:53:57

Bankers against Bitcoin 😂
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2023-03-18 01:27:56

At this moment in time, nothing could be more important than understanding the process of monetary restandardization.
A rare but completely normal market process that is in the process of igniting our entire financial system into a new order.
In every economy, there is at least one commodity or security with an inelastic volume that becomes OVERVALUED as a result of reservation demand. This scarce resource is referred to as money.
When it happens this commodity is MONETISED.
Gold has historically been the most popular choice for saving but it's not the only option. Before the 19th century, there were different gold and silver standards around the planet and yes fiat too.
Monetary standards change, and it's important to understand why and when. Today of course, we are on a fiat standard.
This is where things get confusing.
Fiat currency is money, but it can also be thought of as sovereign equity. Which is to say, holding USD can be seen as holding a share in the US government. Likewise true for any other fiat.
Although these shares don't grant corporate control or pay dividends like traditional stocks, they still have value based on the government's ability to manage its economy, provide public goods and services, and maintain political stability.
The critical point to understand is that the dollar isn’t simply equity, it's MONETISED equity and for this reason it’s market value is much higher than its ‘intrinsic value’
Since the USD is sovereign equity and the government can create more of it as needed, the government cannot default on its obligations denominated in USD.
Furthermore, the government can decide none of it's banks will default either. You can always issue more equity...
The fact that the government literally CANNOT DEFAULT is extremely important and has been misunderstood by many. The MMT crowd in particular have butchered their understanding of this very important concept.
When the government issues more debt it's not really debt - it's equity. MMT crowd get this point. The government can easily issue more equity at any point in time.
But does this really grant the US a license to issue unlimited amounts of equity with no consequences? NO
Remember the original point.
USD’s value is higher than its intrinsic value because it is a monetised good which can be demonetised!
This is happening, gradually, gradually and now very suddenly.
What happens when the USD loses its monetisation and we experience a restandardization event?
Something has to take its place. What could it be?
Enter #Bitcoin

2023-03-16 23:15:37

If you like the idea of Bitcoin but you're not a fan of the price volatility, you could just wait to buy until after it's fully monetized, when it's ~ 10 Million per coin.
It should be pretty stable by that point.

2023-03-16 06:10:52

Hello to new friends 🫡

2023-03-16 02:27:42

Welp, I'm glad there's Nostr
https://nostr.build/i/nostr.build_3c0346202a11f1caeaee97d39d782c8270fbb7cd30abd08237aa619562b18433.png

2023-03-16 01:17:00

Important challenges to focus upon in Bitcoin:
1. Onboarding the next Billion Bitcoiners
2. Providing tools for bitcoiners to protect their wealth
3. Exploring how micropayments /w lightning can create new business models

2023-03-15 23:11:48

I'm still incredibly bullish on decentralized finance aka DEFI.
And by that I mean, Bitcoin in self-custody.

2023-03-15 07:10:12

Bitcoin is slowly teaching economists how money works.

2023-03-15 00:22:26

The economy will improve when we stop asking people to work for money that someone else prints for free.

2023-03-14 04:20:02

https://nostr.build/i/nostr.build_544e51121437430d80a3e5d4c05c09db9d101f2c228499d95e8a0c535218377d.jpg

2023-03-13 04:14:23

"There are years when nothing happens, and there are weeks when years happen."
-- Lenin on Bitcoin

2023-03-12 02:13:41

If USDC crashes you'll be fine because you have all your Bitcoin off exchanges now, right?
Right?

2023-03-11 01:51:46

Information asymmetry is real.
Right now the people with more money and less knowledge than you determine the bitcoin price.
This makes for a great trade.
You can have their bitcoin today, and in the future, they can have your knowledge.

2023-03-10 00:30:39

I'm working on http://heyapollo.com a sats based market place to source product reviews.
What are you working on to advance hyperbitcoinization today?

2023-03-09 23:40:47

Bitcoin is the next world's reserve currency & it's the end of the cycle. The final monetary revolution.
https://nostr.build/i/nostr.build_b1d58f11338231f6c162d6d3351f95368bc73075a93f1560323f816e3b300236.png

2023-03-09 21:14:00

- reply

Ah that explains the flood of BSVers. I didnt notice tbh.

2023-03-09 04:48:32

It’s been 3650 Days, almost 10 years exactly since Bitcoin has had a second of downtime.
All the madness of the last decade - hash rate increasing 100 fold, China mining bans, bank runs, market volatility. Nothing stops the network.
Tik tock, next block.