BytesOfMan

Joined Apr 15, 2018

Developer at Bitcoin.com

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1709d
Gettin to that "quiet almost too quiet" phase of the market

#dailymemo
1710d
Part 3, money is not defined by academics



#dailymemo
1712d
Part 2 of n for series answering "what is bitcoin" for new users



Same as before, $100 to first person to call out if no new video in 7 days

#dailymemo
1714d
If I don't do another video by July 27, I'll pay $100 in #BCH to whoever calls me out first.



#dailymemo
replied 1715d
Tai Pan by James Clavell
Shogun by James Clavell
replied 1716d
Also remember studying the Spanish Civil War and not understanding why people didn't just leave. I get that now.
1716d
I remember in AP European History having to write 'doc-based-questions,' considering the "provenance" of sources; usually political pamphlets

Didn't appreciate before the communist thunderdome of modern twitter
1717d
12-18 months ago when I got into all kinds of Twitter vitriol re: lightning network

with a bunch of people who never used it and, I am certain, continue to never use it

#dailymemo
1719d
BTC tweets since 2015 === justification by faith alone

https://en.wikipedia.org/wiki/Sola_fide

#dailymemo
replied 1814d
You can get discernable ancient coins for a few bucks apiece, but of course you can spend as much as you like with increasing quality
1815d
Cheap-ish ancient roman coins (http://dirtyoldcoins.com/) inside BCH paper wallets #dailymemo
1819d
Bitcoin is still impossibly small. Maybe 100 true believers.

Incredible how much action and progress on the dev side. Software is a more exponential lever than you think...even when you already think this

#dailymemo
replied 1821d
Hm Frito cycle...op return is forever...

I don't think it's a trap, I think the market is evolving with more attention, more traders, more complexity

Pre halving still seems early
1821d
This kind of rally doesn't have a compelling analog with past Frito crypto cycles. Uncharted territory #dailymemo
1823d
Gmail is 15 years old today #dailymemo
1824d
"Liquidity" is a dumb word

#dailymemo
1825d
Because computer science has rational elements, it's easy to forget that software dev is iterative and empirical, not rationalist.

Sometimes whole communities define themselves by missing this, like BTC.

#dailymemo
1826d
Being a socialist is a great way to signal the amount of reality you can afford to ignore thanks to the surpluses created by capitalism #dailymemo
1827d
I don't think modern problems are necessarily unique, but their expression -- the debasement of art and architecture -- sure seems that way.

When this trend occurred in the past, no one saved the relics.

#dailymemo
1828d
Bitcoiners like to talk about timing long term

So does everyone

That's not how we behave, though

Cyclical bull and bear markets always feel forever, even when you know better

#dailymemo
replied 1828d
Wow. Ok. Problematic how vanillaphobic this is.
replied 1828d
Soft serve ice cream === vanilla. Even combining the occasionally available two flavors is blasphemous.
1829d
Bitcoin developer activity and tool quality is growing --- exponentially faster than ever before

Public sentiment continues to decay

Buyer's dream

#dailymemo
1830d
At the top of the market in 2017, it felt like crypto was mainstream

No matter what else happened, bitcoin would always be in the public consciousness

Peak 2013 felt the same way

#dailymemo
1831d
It's almost impossible for us to imagine how little normal people care about bitcoin. We've been in too long.

People don't care about bitcoin at all.

People care about how it impacts them.

#dailymemo