Yeah you can turn it around to say “Bitcoin is the culmination of everything you never knew about technology combined with everything you never knew about money”
Right, it was originally in response to
someone doubting the viability of bitcoin having 10 minute blocks (thought it was too slow).
https://bitcointalk.org/index.php?topic=532.msg6269#msg6269
What are you trying to tell me, that i can trade my bitcion for millions someday?
No Neo, I´m trying to tell you that when you´re ready, ... you won´t have to.
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”
— Satoshi Nakamoto
“This is a historical lesson of immense significance, and should be kept in mind by anyone who thinks his refusal of Bitcoin means he doesn't have to deal with it. History shows it is not possible to insulate yourself from the consequences of others holding money that is harder than yours.” - Saifedean Ammous, The Bitcoin Standard
Everyone is a currency speculator whether they realize it or not. If you are holding only US dollars, you are long dollars and short every other type of money.
So I think the twist here is that usually people are told "only invest what you CAN afford to lose" this one flips that and says "CAN'T" implying that someone buying Bitcoin is actually making a more secure and sound investment with their money than even holding the money as is.
“Imagine if keeping your car idling 24/7 produced solved sudokus that you could trade for heroin”
Not my favourite bitcoin explanation, but belongs in this thread
When the highest type of men hear Bitcoin,
They diligently hodl it.
When the average type of men hear Bitcoin,
They half believe in it.
When the lowest type of men hear Bitcoin,
They laugh heartily at it.
Without the laugh, there is no Bitcoin
― Lao Nakamoto
We’re gonna end up in the worst place possible in terms of wealth. Probably $2-5m each.
Enough to retire - but just poor enough to not be able to do what we want.
Definitely the one you said. Ive known about btc since it was $100 and bought my first sats at $44k. I was ignorant and thus got it at the price i deserved for it
HAVE
FUN
STAYING
POOR
Also
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
But im also a skeptic at times. Most of the times. I just like when line goes up and I make money. Speculation is my gambling addiction
I hadn’t seen this one so I looked it up. Summarily, he says:
It’s not conviction, it’s logical. If you use a steel knife are you convicted to the knife? Or do you “diversify” and have wooden knives, plastic knives, diamond knives, rubber knives? No. You use the knife that you logically know works the best. It’s not conviction.
Just great. Thanks!
One of my favorite Bitcoin sayings is "Bitcoin is freedom." It captures the essence of what this digital currency represents—a way to take control of your own financial destiny, free from traditional banking systems and government control. It's empowering and speaks to the heart of why so many people are passionate about Bitcoin.
“It’s going up forever, Laura”. And, are you all in on the chair. (For reference)…
https://m.youtube.com/watch?v=cAJSU0vhddw&pp=ygUeTWljaGFlbCBzYXlsb3IgZGl2ZXJzaWZpY2F0aW9u
I don't believe we shall ever have a good money again before we take the thing out of the hands of government, all we can do is by some sly roundabout way introduce something they can't stop.
Friedrich A. Hayek, 1984
Easy... Bitcoin is everything people don't know about computers, combined with everything people don't understand about money.
Yup, I said this to my parents yesterday. (I use technology instead of computers because it sounds better.)
John Oliver is that You?
JO didn’t specify BTC but crypto in general iirc
Pretty sure that's supposed to be a diss on Bitcoiners.
It totally might have been intended as such, but I am embracing it all the same.
Yeah you can turn it around to say “Bitcoin is the culmination of everything you never knew about technology combined with everything you never knew about money”
Noice
Bitcoin has no top because fiat has no bottom.
Nooooice
"People that use fiat currency as a store of value... We call them poor." - Michael Saylor #BTC 👍🪙😎
Lil Bubble: https://youtube.com/watch?v=B5if2hthPCs
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” -Satoshi Nakamoto
I love it too but it's always used completely out of context IIRC
Right, it was originally in response to someone doubting the viability of bitcoin having 10 minute blocks (thought it was too slow). https://bitcointalk.org/index.php?topic=532.msg6269#msg6269
So what’s the context?
Satoshi had limited time and was actually building out bitcoin Most people use it because they don’t want to explain things to no coiners
What are you trying to tell me, that i can trade my bitcion for millions someday? No Neo, I´m trying to tell you that when you´re ready, ... you won´t have to.
Saw that one about a week ago. Blew my mind
Came for the gains, stayed for the revolution.
Came for the revolution, stayed for the revolution!
Holding BTC is winning the lottery in slow motion.
Zero element of luck involved in bitcoin
I can only explain it for you, not understand it for you.
Wow. Great one
This is not Bitcoin specific, it is education in general
Goosebumps..
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” — Satoshi Nakamoto
“This is a historical lesson of immense significance, and should be kept in mind by anyone who thinks his refusal of Bitcoin means he doesn't have to deal with it. History shows it is not possible to insulate yourself from the consequences of others holding money that is harder than yours.” - Saifedean Ammous, The Bitcoin Standard
Everyone is a currency speculator whether they realize it or not. If you are holding only US dollars, you are long dollars and short every other type of money.
Satoshi started a fire in cyberspace
While the fearful run from it and the fools dance around it, the faithful feed the flame, and dream of a world bathed by the warm glow of cyberlight
Pure poetry
Tick tock next block
You don’t change Bitcoin, Bitcoin changes you.
Don't trust, verify.
“It’s going up forever Laura!”
There's no second best
1 bitcoin = 1 bitcoin
Underrated comment
The moment I understood this one a few years back was transformational
It's more risky to be out off bitcoin than to be in it
Everyone buys bitcoin at the price they deserve
Only invest what you can't afford to lose
A classic
Ugh, hate that one, investments include a counter party risk, bitcoin does not. Bitcoin is saving.
Still think this is exactly the point
Unless you're a miner, someone else is selling it to you.
So I think the twist here is that usually people are told "only invest what you CAN afford to lose" this one flips that and says "CAN'T" implying that someone buying Bitcoin is actually making a more secure and sound investment with their money than even holding the money as is.
Will you take 18k bitcoin for pizza
“If it takes them 10 years to figure out then so be it, cause that’s how you 100x”
"Bitcoin is not a security under the federal securities laws, but rather a commodity under the Commodity Exchange Act".
Bitcoin fixes this!
“$100k by December” wait that actually seems realistic now lol fucking right.
Last I heard, 2021 was not over yet
Happened & is happening in Australia 🦘🦘🦘
“It’s going up forever, Laura” , also “gradually…. Then suddenly”
When Lambo
“Imagine if keeping your car idling 24/7 produced solved sudokus that you could trade for heroin” Not my favourite bitcoin explanation, but belongs in this thread
Came for the erection, stayed because I came
Fuck you money.
take one freaking dollar, buy some bitcoin put it in a goddamn wallet, put it f*cking away
Stay humble, stacks sats- Matt Odell
"it doesnt matter how you get it, what matters is that you got it"
Bitcoin is rules without rulers
If it’s not going to zero it’s going to a million. - Saylor
Short the GF, Long the BTC. 🤣
Hodl
We are so early lol also, if you want to go down with the ship, fuck you.
Bitcoin is digital gold. Bitcoin is a universal credit system. Bitcoin is what aliens would use.
NYKNYC. Not your keys, not your coins.
When the highest type of men hear Bitcoin, They diligently hodl it. When the average type of men hear Bitcoin, They half believe in it. When the lowest type of men hear Bitcoin, They laugh heartily at it. Without the laugh, there is no Bitcoin ― Lao Nakamoto
We got it! They don't! - Max Keiser
HODL
I came for the partay but stayed fir the fuck you money
It has no ceiling as fiat has no floor
We all get bitcoin at the price we deserve.
Try everything once except incest, folk dancing, and Ethereum.
"You better have some gat damn patience. Quit thinking you're going to get rich quick." AND GAT FUCKING DAMN IT THEY WERE RIGHT. LONG HOLD.
We’re gonna end up in the worst place possible in terms of wealth. Probably $2-5m each. Enough to retire - but just poor enough to not be able to do what we want.
Stacking sats
"Nobody knows shit about fuck"
Hahah
Fix the money, fix the world
Hey I’m Elon musk and if you send me .1 btc I’ll send you 1 btc.
Definitely the one you said. Ive known about btc since it was $100 and bought my first sats at $44k. I was ignorant and thus got it at the price i deserved for it
It is not the state which regulates bitcoin, but bitcoin which regulates the state.
"I'm in it for the tech"
You buy Bitcoin at the price you deserve
“There is no second best”
Bitcoin is the internet of money
Everyone buys Bitcoin at the price they deserve
"My wife left me because i spent all our savings on bitcoin."
Not your key, not your coin!
Bitcoin fixes this...
"Bitcoin is going to zero"
“When bitcoin moons imma finger blast Minnie Mouse!” You’ve heard that one right?
Not just minnie
Yup facts
1 Bitcoin = 1 Bitcoin
Buy now learn later
You get the price you deserve
There is no second best
No keys, no coins.
Not your keys, not your coins. Tick lock, next block. Keep calm and dca.
You buy it at the price you deserve
HAVE FUN STAYING POOR Also If you don't believe me or don't get it, I don't have time to try to convince you, sorry. But im also a skeptic at times. Most of the times. I just like when line goes up and I make money. Speculation is my gambling addiction
Everybody gets the price they deserve
"Buy bitcoin as an investment, not a currency ". Let the down votes rain 🤑
Definitely is a great investment!
The Saylor rant regarding the ‘conviction’ of having just 1 microphone is pretty stellar
I hadn’t seen this one so I looked it up. Summarily, he says: It’s not conviction, it’s logical. If you use a steel knife are you convicted to the knife? Or do you “diversify” and have wooden knives, plastic knives, diamond knives, rubber knives? No. You use the knife that you logically know works the best. It’s not conviction. Just great. Thanks!
Bitcoin is F*U money 💵
Bitcoin is going to 0!!! 🤣
“Bitcoin, is going to -$1,000”
Hold Birc
They have a money printer, a money printer!
Tick Tock Next Block
Bitcoin is fake.
Bitcoin is for HODLing!
This is great 🧵 thanks.
To the moon!
One of my favorite Bitcoin sayings is "Bitcoin is freedom." It captures the essence of what this digital currency represents—a way to take control of your own financial destiny, free from traditional banking systems and government control. It's empowering and speaks to the heart of why so many people are passionate about Bitcoin.
HFSP
NGMI
LFG
"Money is energy" Heard it in an arts festival workshop talking about how much to charge for your work.
“GFY”
HODL
Not your keys not your coins Because self custody is important and pretty much the whole point
Let’s goooooo!
Don't trust, verify
It's going up forever Laura.
You get Bitcoin at the price you deserve. Saylor
Bitcoin is like the ending of The Curse.
“It’s going up forever, Laura”. And, are you all in on the chair. (For reference)… https://m.youtube.com/watch?v=cAJSU0vhddw&pp=ygUeTWljaGFlbCBzYXlsb3IgZGl2ZXJzaWZpY2F0aW9u
When in doubt, zoom out.
It’s all going to zero against bitcoin
Hope for broke
"if you dont have Bitcoin your a shit bag" Roy Orbitron
6.15
The best time to plant a tree is twenty years ago. The second best time is today.
GFY
Where else you gonna save your capital?
Not your keys, not your cheese
Buy the dip
They see me HODLin' they hatin'
THIS IS GENTLEMEN
watch the hash rate
Bitcoin crashed!
"Bitcoin? What's that?"
Bitcoin is going to zero.. ZERO !! Classic from an obnoxious hater 😤 i watch it and laugh 🤣
"Bitcoin was Kaspas testnet"
It’s the fastest horse to beat inflation
Anything non bitcoin or crypto related that's not good - "that's a shitcoin"
Time in the market beats timing the market.
"Everything divided by 21 million. That's it. That's the bet."
Don't Trust, Verify.
As an electrician, “Don’t trust; verify.”
Bitcoin is the money of the internet and the internet of money.
I'm not poor. I'm future rich.
Decentralized
You have exactly as much Bitcoin as you deserve.
“Let’s shove this up their ass so they can remember the Titans. This is Sparta!”
Bitconnneeeeccctt
Not your keys not your bitcoin And Stack sats and stay humble
Everyone pays the price they deserve
“Few” Because few
∞/21M
Bitcoin doesn’t care what you do. It will do what it does.
Shitcoin
Not your keys, not your bitcoin.
Don’t trust, verify.
THERE IS NO SECOND BEST !!! MICHAEL SAYLOR
"Bitcoin? Isn't that a big scam?"
People who don’t understand Bitcoin hate it. People who do understand Bitcoin buy it.
Bitcoin is the only game in the casino that everyone can win.
Wazu wazu wazu wazup wazup BITCONNECTTTTTTT
Just keep stacking.
Not your keys, not your bitcoin Self storage for all hodl’s
Bitcoin is an IQ test
How do I get cash off my trezor?
Don’t trust, verify
bitcoin is orange not black(dark)
It’s going up forever Laura. Forever.
Where’s my lambo
wen lambo?
Don't trust, verify.
I don't believe we shall ever have a good money again before we take the thing out of the hands of government, all we can do is by some sly roundabout way introduce something they can't stop. Friedrich A. Hayek, 1984