BLOCKS - Bitcoin Learning Outreach Creating Knowledgeable Students. We are a not for profit, educational organization based in San Antonio, Texas USA
Texas, USA
Joined August 2024
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B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
So Jack and I are on the same page. No more hardware wallets. ETF. BlackRock. Fidelity. Insured. Customer supported. Grown up stuff.
I guess that is where I am in the bitcoin cycle.
No more self custody. No Assets held.
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
The Head of Cryptography at Coinbase @LindellYehuda is not worried about AI breaking Bitcoin’s math. This video explains why
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: 🇺🇸 ORANGE JUICE Founder Lyn Alden explains how Bitcoin easily moves back to $100,000 this cycle 👀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
The government hasn't paid this much to borrow since 2007.
The advisor who told clients 1% Bitcoin in 2021 now says up to 40%.
Plus Strategy's daily dividends and a $387 million hack. The full News Block is up is now streaming.
TIMESTAMPS:
00:00 Intro
00:15 The "Bond Apocalypse"
3:12 Strategy Dividends Go Daily
4:51 The $387M Hack
6:25 What I'm Watching
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
There are 2.1 quadrillion units of Bitcoin.
Not 21 million.
2,100,000,000,000,000.
They’re called satoshis.
Bitcoin can be divided down to 0.00000001 BTC.
So when someone says:
21 million Bitcoin isn’t enough for the world.
They’re thinking about Bitcoin like it’s 21 million physical coins.
It isn't.
One BTC contains 100 million sats.
21 million × 100 million = 2.1 quadrillion units.
At 8 billion people, that’s roughly 262,500 sats per person if Bitcoin were divided equally.
And the smallest unit is already worth less than a cent at today's prices.
The interesting part isn't that Bitcoin is scarce.
It's that scarcity and divisibility coexist.
There can only ever be 21 million BTC.
But there are enough individual units to divide that supply among billions of people.
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Jack Dorsey’s Block integrates Bitcoin Lightning to power AI payments.
• Bypasses high card fees for micro-transactions
• Enables instant, low-cost autonomous payments
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: 🇺🇸 CFTC releases updated guidance for Bitcoin, crypto, and blockchain technology.
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: The Bitcoin Standard author Saifedean Ammous says Bitcoin needs to hit ~$150,000 before the next halving to surpass previous-era mining rewards 🚀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Researchers propose framework for private transfers on Bitcoin without a need for a soft fork 👀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
"IF BITCOIN IS MONEY, WHY IS EVERYTHING STILL PRICED IN DOLLARS?"
Because store of value comes first.
Conventional wisdom says people spend Bitcoin next (medium of exchange), then price things in it (unit of account).
But in 1990s Russia, businesses priced things in dollars and took payment in rubles.
…in today's OUTSIDE MONEY
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
Do we need the U.S. dollar to completely collapse for Bitcoin to win?
Cory Klippsten and I explore how Bitcoin can win over the long run without requiring a dramatic dollar collapse or Weimar-style hyperinflation. We get into why true medium-of-exchange use is likely still a distant dream, how stablecoins are absorbing payments demand, the Coldcard exploit and navigating various self-custody tradeoffs, and much more.
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Santiago Capital CEO Brent Johnson says "Bitcoin is the best pure play speculation on global liquidity" and "is here to stay."
"If the global monetary authorities print enough money, then Bitcoin can go a lot higher." 🚀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Bitcoin has experienced the shallowest bear market in its history 👀
Bullish! 🚀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: 🇵🇰 Pakistan Minister Bilal Bin Saqib made the case for creating a strategic Bitcoin Reserve at the United Nations event in NYC 👀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Bloomberg publishes report titled "Bitcoin Back at $100,000 Is Suddenly Not So Outlandish" 🚀
Bullish 🐂
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: $50 billion in AUM Calamos Investments tells CNBC "Bitcoin is definitely an allocation that most portfolios are starting to have, even the sovereign wealth funds." 👀
"It's not are you in Bitcoin, it's how much are you allocated...we feel it's a great investment" 🚀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
JUST IN: Coinbase now offers fixed-rate Bitcoin backed loans 🚀
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
The Bitcoin Policy Institute’s office window is designed like bitcoin blockchain transactions
B.L.O.C.K.S (Bitcoin Learning Outreach) retweeted
Next ₿itcoin Halving Progress
▓▓▓▓▓▓▓▓▓▓▓░░░░░░░░░ 61%
Loading…Please HODL
Current Block: 968,142
Halving Block: 1,050,000
Blocks Remaining: 81,858
Days Remaining: ~568
