Reposted by nadzap∇ Gradient Descent @gradient-descent.bsky.social · 13/04/2024Bitcoin does 7 final settlements per second and can do unlimited transactions per second for close to zero cost in layer 2 solutions like lightning. Visa does 0 final settlements per second, it relies on the underlying banking system (fedwire). Visa is a layer two like the lightning network. 241
Reposted by nadzapReid Walley @reidwalley.bsky.social · 13/04/2024The Bitcoin Timechain wastes zero energy. Except for heat released during Bitcoin mining. But that’s thermodynamics for ya 😎 Limited transaction capacity (4-7 TPS) is near-immediate settlement. This is an extremely important feature, and def not a bug. medium.com/@nic__carter...medium.comTransaction count is an inferior measureIt is popular to measure Bitcoin by looking at its daily transaction count. This is just one variable in a broader analysis. 121
Reposted by nadzaptalkingrobot @talkingrobot.com · 20/03/2024The obsession with #Bitcoin's price misses the bigger picture. We're witnessing the birth of a currency that transcends borders, resists censorship, and offers true financial autonomy. Bitcoin's worth isn't in its daily value, but in its ability to transform society. #change 011
Reposted by nadzap∇ Gradient Descent @gradient-descent.bsky.social · 19/03/2024Hunan Rights Foundation donates $500.000 for Bitcoin development and wants to keep doing so every 3 months. Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself. www.forbes.com/sites/digita... 041
nadzap @nadzap.bsky.social · 11/03/2024Blocked for responding to a so-called climate/energy activist/regulator of some kind who said capturing vented methane was a "bad use of power and energy"? So, a better use of unused, wasted methane gas is to let it pollute the atmosphere? Amazing how the bitcoin hate causes all logic to be lost. 150
Reposted by nadzapReid Walley @reidwalley.bsky.social · 08/03/2024What was the electricity industry like only 15 years after Edison’s first light bulb? How about the telephone, automobile, clothes washer, refrigeration, airplane, mobile phone, and Internet? Bitcoin is only 15 years old. You have a chance to build infrastructure, apps, and/or savings. 021
Reposted by nadzapMichael Paulauski♨️ @mike10010100.com · 03/03/2024AI is not bitcoin, technology has become the enemy for so many people because they’ve become reflexively controlled by literal Twitter spam bots and blockchain hucksters. Here’s an example of why AI is not “idiocy”, and may actually help solve climate change!engineering.princeton.eduPrinceton Engineering - Engineers use AI to wrangle fusion power for the gridA Princeton-led team composed of engineers, physicists, and data scientists from the University and the Princeton Plasma Physics Laboratory (PPPL) have harnessed the power of artificial intelligence t... 3112
Reposted by nadzap🌘 @silverlining.bsky.social · 24/01/2024When you say "Bitcoin has no value", you are saying: 1. The lives of these 1800 African villagers have no value unherd.com/2024/01/the-... 🧵👇- Credit: @DSBatten on Twitterunherd.comThe African village mining BitcoinThe cryptocurrency can be a liberating force 72531
Reposted by nadzap🌘 @silverlining.bsky.social · 24/01/2024Feel free to skim through 17 uses of Bitcoin that don’t revolve around illicit financial flow or “ponzinomics”. You may be able to deconstruct and find flaws in some of these claims, but you sure as hell won’t for all of them. 121
Reposted by nadzapZoomer Antimillenarian @surcomplicated.bsky.social · 09/02/2024They literally gave an AI a representation of the universe of known and potential biochemicals and had it point them to a class of antibiotics with high safe doses, it gave them chemicals, they synthesized the chemicals, and the chemicals worked as advertised.nature.com‘Explainable’ AI identifies a new class of antibioticsAn artificial-intelligence graph neural network was trained on experimental data and used to identify chemical substructures that underlie selective antibiotic activity in more than 12 million compoun... 021
Reposted by nadzap🌘 @silverlining.bsky.social · 09/02/2024Why is Bitcoin important? Who is it important to? What is it doing for anyone? It’s easy to live in a western country with a stable currency and dismiss billions of people in the world who suffer from currency debasement and corrupt governments. This thread sheds a light on that: 042
Reposted by nadzap🌘 @silverlining.bsky.social · 09/02/2024Miners are also helping prevent methane from being released into the atmosphere, which is 80x more warming than CO2. Miners are starting to deploy at landfills, capturing the methane and mining Bitcoin with it. 321
Reposted by nadzap🌘 @silverlining.bsky.social · 09/02/2024Over 50% of energy used for Bitcoin mining is renewable; it actually helps renewable operators be more profitable and reliable. 121
Reposted by nadzap🌘 @silverlining.bsky.social · 09/02/2024Friendly reminder, most people don’t understand why Bitcoin exists, why it has to use energy, and how much energy it actually uses I hate talking about price but as it increases, it looks like these people will take more drastic measures to try and “affect change” You can’t stop open source code. 342
Reposted by nadzapNix @nickonomic.bsky.social · 09/02/2024BlackRock, Fidelity ETFs see largest debut month of any ETF in 30 years Out of 5,535 “newborn” ETFs that launched in the United States over the last 30 years, only two have acquired over $3 billion in assets in the first month. Bitcoin #BTC 122
Reposted by nadzap🌘 @silverlining.bsky.social · 05/02/2024No matter what you think of #Bitcoin.. Bitcoin Miners have gotten Texas ERCOT electricity prices down to be the lowest in the country. They also *help* renewable the transition and have prevented blackouts like the one that killed 246 Texans in 2021. …And this is a bad thing? 031
Reposted by nadzapBitcoin @bitcoin.bsky.social · 25/12/2023The Price of #Bitcoin on Christmas 2023: $43,650 2022: $16,832 2021: $50,825 2020: $23,475 2019: $7,318 2018: $4,124 2017: $13,611 2016: $899 2015: $453 2014: $330 2013: $651 2012: $13 2011: $4 2010: $0.25 2009: $0 2008: $0 21510