BC BITCOIN
Saved by @Mollyycolllinss

The is no Devcoin Gold yet. But then again, we've never been one to "peg" to anything. I came across an interesting article about 'recreating' addresses with Bgold that @bitcoincoreorg cut out since 0.13.0 - perhaps one day we can do a similar thing in future Devcoin software :)

 https://t.co/cv4UqsaVAK

That being said I hold some Doge @blockio in an "A-" address myself after 0. 1. "9-" versions :). Don't believe Bitcoin Core the Coin (Utility) is the only visible value on Core chain. Color me crazy. I believe in script. And FOSS that is used to export📜
And that's just a guy @MeniRosenfeld who put his identity and ideas out in the public to build a Web of Trust back when the web was much less of a safe place. His identity at stake and the implementation of a branch in source code by another unsung hero @killerstorm reveals value
Some of those who set up our bright future quietly implemented it in a branch on the main source code before it was officially the Bitcoin Core main repository, before a "Bitcoin Core" entity existed https://t.co/uEWhFCP3o0
Just because Bitcoin Core nodes dominate and do not read "smart" colored satoshis or display them, doesn't mean they do not exist on chain. The example of recreating P2WSH-over-P2SH address from BTC https://t.co/ZWSP2MO5bY wallets in Bitcoin Core Gold I shared proves -rescan's $
Others may have gained more recognition in what we're used to - published papers point is, whether you wrote the original "whitepaper" https://t.co/rnewCx0q8t of the idea - your references show even concepts are shared work. Later on, even the Bitcoin.pdf took 2 men to rewrite it
And using FOSS tools from @TheASF the credited Translator of bitcoin's most recognized document @MeniRosenfeld completely rewrote in Hebrew in many fonts (David, Times New Roman, Courier New) and sizes in boxes of text - not necessarily right aligning in the way us Word users do
Containers (boxes) of text, positioned right aligned with normal/centered/some L-aligned text inside, but the containers none the less. And even the diagrams were "flipped" from L to R (like Satoshi's) to R to L, but if you open the .odg file, every line was reconstructed. POW
More examples of how this document looks as an exported PDF file (possible directly from OpenOffice Draw) - it doesn't matter how people choose to read it, the source code shows this was made open source and is thus a complete rewrite and reformatting from scratch of Bitcoin.pdf
The file is part of the official https://t.co/HX5tWXjGsg "bitcoin-papers" directory but I had to find the source code itself on github in a branch that was pulled/merged into the @wbnns collection and both re-named and consolidated with another author who also claims Hebrew trans
https://t.co/KuQb1eP6Nk
This file however was translated from the https://t.co/HX5tWXjGsg hosted (English original) bitcoin.pdf by a Zeev Shilor. I later talked to Zeev on FB. He, like Meni has used his real identity in these docs - staking his identity in real life: https://t.co/ubf2zwSGhX
The title of Shilor's translation eventually was joined by @MeniRosenfeld's in wbnns directory, even taking the file name from Shilor's documents and then consolidated into the .odg raw format and the exported pdf. steps seen at https://t.co/riEtARtfAr
The final "bitcoin_iw" is now hosted on https://t.co/HX5tWXjGsg in the directory https://t.co/59sUvzRc56 - not finalized for the site until May 25, 2020 (or uploaded before to the Bitcoin Project's official 2009-2020 website). The same content was online since 2012 on M.R.'s site
First hosted on @MeniRosenfeld since 2012 on the web, https://t.co/HX5tWXjGsg didn't even have the Hebrew translation hosted until 7+ years after the same translation by M.R. with formatting by @jimnguyenjn was on Rosenfeld's site since at least 2012: https://t.co/wD2dm4PRaF
Like Satoshi Nakamoto is credited with releasing the first Bitcoin software, @MeniRosenfeld released the first Hebrew translation of bitcoin-qt also previously running an alternative site to Mt. Gox with services provided to buy Bitcoin. https://t.co/frNE9T3O11
Also, his service (founded April 2011) called Bitcoil is still an active site, but in maintenance - meaning - not dead - not in service, but still hosted for a future reason as all these products around this character attached to his real, staked identity, support a Web of Trust.
https://t.co/zEr7JqU937

The bottom of this FAQ suggests other services including #bitcoin_otc (which has a Web of Trust with him on it) - proving this service is for the betterment of the community and not the profit of the company itself: https://t.co/HuV7pLlcFc
This is what bitcoin is all about. It's pseudonymous creators to create privacy for everyone they can trust as well as not one person taking credit for the project. It's others that put their own real identity at stake to solidify a Web of Trust. And its a system for the world...
Which after my long Sunday morning explanation of Hebrew - I hope you get the point. Bitcoin is not just about the rockstar identities, english documentation, and one software like Bitcoin Core. It's about all versions making sense in the end after the loop has cycled enough.
Killerstorm explains why these sources are a work in progress, not failures, and that the success others found is taken from incomplete work people don't even realize they implemented, wrote, and formatted as devs #DAC #Devcoinlike #BCorp #legalprotection https://t.co/595ulHQ6HA
We must -rescan what we pruned or certain software mass users use slashed from the protocol/software at a later date. Even implementing an already functional, original, Devcoin-like system to bootstrap a universal version as then Colored Coins team mem @VitalikButerin wrote 2013
https://t.co/yMbQFwXOMF
the link goes to https://t.co/z5gD77wHOy (the DAC was really originally part of this project in cryptocurrency/blockchain sense) - see next tweet:
@killerstorm explained it as a type of "Benefits Corporation" in the second Devcoin thread on the Bitcoin Forum, exact format Google finds this thread btw: Exact format how Google search finds this msg https://t.co/lJ0zi7wz09
@threadreaderapp unroll

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Hello and good Friday, January 28, 2021, I’m Drew and this is Rocketboom [chair breaks]

I see many people are missing why ‘digital currency’, e.g. #Bitcoin is an important disruption in the world. It's not actually about stock trading. It’s waaaaaaaaaay bigger than that.

I USED TO DO A THING. I wrote scripts to break down these kinds of topics. I felt compelled to come back out and explain because its such a big idea...and too many people are not seeing it.

TLDR; Digital currencies allow people living in impoverished nations to transcend the failures of their individual governments, such that their work and purchase power becomes more equal in potential to those in the wealthiest countries.

Examples are always nice. Lets. [cut to voice over]
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Kirtan A Shah
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@KirtanShahCFP
𝐀 𝐩𝐫𝐢𝐦𝐞𝐫 𝐨𝐧 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 & 𝐂𝐫𝐲𝐩𝐭𝐨𝐬 🧵

I still everyday meet investors who think Bitcoin & Blockchain are the same & this thread is specifically for them

Do re-tweet & help us educate more invetsors ☺

#Investing #Cryptos #Bitcoin (1/n)

(Q1) Lets start with what was historically used as a method of payment?

- Barter system, you give me a cow and I give you 100 kgs of rice (2/n)

(Q2) So why dint we continue with the barter system?

- It was difficult to transact in fractions
- What if I want only 50 kgs of rice? I cant give you half a cow right?
- This is the prime reason for the introduction of smaller units of payment method we now call as coins (3/n)

(Q3) How did Gold coins get shortlisted for the job?
- It was malleable & portable
- It was non corrosive, could be stored for a long time
- It was a perfect combination of abundance & rare
- Plus it was eye catching & visually appealing (4/n)

(Q4) What about paper currencies?
a) When paper currencies were introduced, it was decided that a country could only print as much currency as the gold reserves they have but this was withdrawn in 1971 bcoz of which the central banks could then print as much money as they wanted
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Simon Lelieveldt
Simon Lelieveldt
@finhstamsterdam
Ok, so what is the significance of the @lagarde statement on bitcoin?

We were offered a very open insight (but slightly flawed analysis) into top level policy perspective behind the crack down on selfhosted wallets.

https://t.co/1LTzrxHbgs 1/32


'It is a speculative asset, by any account. If you look at the price movements... '

It starts with an economic price perspective and we can learn that ECB is closely monitoring this price movement as one of the many indicators.

So we are in the classic central bank frame 2/32

'Those who thought it would turn into a currency. Sorry, it is an asset not a currency.'

Here she summarises a classic debate on what is currency and what is needed for that. Based on the holy three: unit of account, means of payment, store of value. 3/32

The summary is classic, but too narrow and does not incorporate the wider financial history viewpoints on money, currencies and the way we pay. 4/32

ECB overlooks the de facto unit of account role of bitcoin, having been used to 200 years of having cash around whic is both the unit of account and a means of payment. 5/32
BITCOIN
Dan Held
Dan Held
@danheld
1/ Satoshi’s Vision™ is a silly endeavor, as it doesn’t matter what it was, we are where we are now. However, those pushing the “Bitcoin was first made for payments” narrative insist on cherry-picking sentences from the white paper and forum posts to champion their perspective.

2/ The following tweetstorm is a categorical repudiation of this tired narrative. Bitcoin was purpose-built to first be a Store of Value (SoV), a thread:

3/ How do we determine Satoshi’s intention? We need to look at his ideology, description of functionality/architecture, timing, and audience. Let's start with how Satoshi describes the problem Bitcoin solves. In his first public comms after the whitepaper, in the first paragraph:

4/ “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

5/ He later expands on that Libertarian thought in his other writings:

“[with Bitcoin] we can win a major battle in the arms race and gain a new territory of freedom for several years.” — Satoshi Nakamoto
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kain.eth
kain.eth
@kaiynne
For those who were trading in 2017 or earlier bull markets this may be obvious, but these kinds of corrections are typically driven by overleveraged longs, not whales dumping on you. That hasn’t started yet. Let me break down why it happens and why it is worse on the weekends.

I should probably have data to back this up, but I haven’t kept up to date with the latest trading data so much of this is based on intuition and experience trading through 2016-2018. If you have data that invalidates this please provide it, happy to be wrong here!

Firstly in an early bull market you have some OG holders taking profit around previous ATH, they have “learned their lesson” and are trying to not get rekt like last time. Once they finish taking some profits or hedging they are riding this up to multiples of previous ATH.

For example I sold around 5-10% of my ETH into stables between $500-$1200, over $1,200 you would need to claw it out of my cold dead hands before we hit $3k. If we don’t get there this cycle (we will) then I will just keep holding. I know a lot of people who did the same.

The problem with this is that the new money coming in and pushing the price up is highly leveraged, and the people with the most conviction are mainly holding and so while they might buy some dips they probably don’t have the dry powder to soak up huge liquidated positions.
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but dont know the proper way it should be conducted.

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Some thoughts on episode 53 of #Hercai

Love,that is not real,has no passion. Its fire turns into embers, it doesn’t not smell. The day, the night, the moon&year burn without sun, light, comfort&sleep.
Ömer Hayyam

#Reyyan #Miran #ReyMir #EbruŞahin #AkınAkınözü
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1
PRAISE
The praise in this episode goes foremost to Ebru because she portrayed Reyyan so realistically like a woman who truly lost her unborn child. I was in awe and pain watching her along the episode, all her breakdowns and tears were so real.
#Hercai

2
Of course also Akın took his part and did his part masterfully, but he rightfully was the one who stood aside in this specific episode that needed to be about Reyyan’s pain and thus concentrated on Ebru.
#Hercai

3
And last but not least, if I say thank you to something that B gave us this year, then it’s to have Ali as our director. Also in this episode we saw the artistic eye behind every shot and I loved it.
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4
OVERALL COMMENT
I don’t know who wrote ep. 52 but ep. 53 was going strong once more on symbols: roses, stones, fire and trees were incorporated and especially the ReyMir dialogues were written very well. I truly loved every ReyMir scene.
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