Tag #mining
All questions that were tagged with #mining.
Questions (161)
Where should I go for a warm December 2025 holiday with good surf, a bitcoin community, and mining infrastructure, considering Kenya or other options from Vienna or Zurich?
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Failure will never overtake you if your determination to succeed is strong enough.
Bitcoin is this.. day by day it succeeds by becoming stronger and stronger. Be like this
#bitcoino#btcB#timechaina#digitalcurrencyn#hodlO#satoshis#miningi#lightningnetworko#asknostrs
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When the lion is hungry he eats. When the eagle has thirst he drinks. Lest they act, both will perish. I hunger for success. I thirst for happiness and peace of mind. Lest I act I will perish in a life of failure, misery, and sleepless nights.
Stack Sats Stay Humble!@fetching7
#bitcoini#btcT#timechaini#digitalcurrencyc#hodlD#satoshih#miningn#lightningnetworkr#asknostrt
Tell me you have read 3 pages of BTC research while having a shit…
*Arguments in favour of Bitcoin, refuted by gold as preferred money
1. Gold, you can’t eat. ~ Sure you can’t, but neither can your eat Bitcoi
.
2. Gold is mostly possessed in vaults. ~ Not true. Central banks yes. Many wealthy people will store in safe havens, such as Switzerland. The majority of my investors and other investors take delivery of their Krugerrands. (They are strongly encouraged to do so
.
3. Most gold is held as paper claims such as gold ETF’s. ~ Those who are cost conscious investors, yes, but otherwise not true. I strongly discourage this. My motto is, “ _If you do not hold it, you do not own it.
_
4. Gold being 5 000 miles away from you. ~ No, it is not if you take possession of it, it is close to hom
.
5. Bitcoins has features of self-custody, portability, divisibility, and borderless transfer. ~ Gold and silver meet these criteria too. I add silver because it meets the criteria of “divisibility,” of being able to purchase a basic basket of fruit and veggies for an ounce of silve
.
6. Bitcoin is portable. ~ So is gold. Ask any German Jew who had to flee Nazi Germany, he could not take any of his assets with him, except his few gold sovereign
.
7. Have gold bars at home, how will you trade them in a crisis? Shave off slivers? ~ The best gold to purchase is Krugerrands. No verification required. They are tried and tested – in fact they are the best branded product that SA has produced. Silver, as mentioned already, is for the small day today items. Gold is for the big items such as property and vehicle purchase
.
8. Bitcoin, even if stored offline, is liquid and globally accessible again. No middlemen. No delay. No paperwork! ~ The same is true for Krugerrands, internationally they are the most accepted gold coin, and can be instantly turned into cas
.
9. Bitcoin isn’t dependent on the grid… it just uses it better than anything else ever created. ~ Neither are Krugerrands dependent on the grid. Gold has been with man for 5 000 years. In every financial crisis the world has always returned to gold. Gold has a dependable history that has stood the test of tim
.
10. Bitcoin still needs to prove it is a store of value, before it qualifies as money. It meets two of the three criteria, a unit of measure and a unit of exchange. It still needs to overcome the hurdle of volatility, only then will it be regarded in the tradition of sound mone
#bitcoino#btcB#timechaina#digitalcurrencyn#hodlO#satoshis#miningi#lightningnetworko#asknostrs
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One difference - Gold does not depend on the internet or the grid.😁 (normie)
Reply by South African Billionaire…
Yes, gold doesn’t depend on the internet or the grid…in theory…but let’s be real…if the power grid and internet went down globally, we’d be dealing with full-blown societal collapse. At that point, owning gold wouldn’t matter unless you can eat it, defend it, or trade it with someone who still thinks shiny rocks are worth canned foo
.
Also, let’s not pretend everyone who ‘owns’ gold actually possesses it. Most gold ownership today is just paper claims (ETFs, vaulted reserves, custodial holdings…actually all recorded and monitored via DIGITAL DATABASES ON TECHNOLOGY THAT WOULD NOT WORK IF THE INTERNET AND GRID WENT DOWN) which ironically DO rely on the internet and financial infrastructure. If the grid goes down, good luck accessing your ‘allocated’ ounces sitting in a vault 5,000 miles away
😉
Meanwhile, Bitcoin offers something gold never could…self-custody, portability, divisibility, and borderless transfer. If we are in a Mad Max scenario, the medium of exchange will be bullets, not bullion. But short of that, Bitcoin gives you freedom and access that gold simply can’t match in a modern wo
ld…
Let’s entertain the “no internet, no grid” scenario. You think gold gives you the upper hand? Let’s be honest…if you don’t have physical possession of your gold in your hand (not some vault slip, ETF, or custodian login), you’ve got nothing. And even if you do have bars at home, how exactly are you planning to trade them in a crisis? Shave off slivers? Carry it in your pocket and hope someone accepts it? Verify its authenticity with… what, your survival kit x-ray scanner? 😂 Gold bugs forget the verification difficulties…could go on and on h
re!!
Now flip the scenario: the grid and internet start coming back online. Bitcoin doesn’t need a branch office, armored truck, or FedEx shipment to “wake up.” It’s software/digital. As soon as one node connects, and then another, the network starts syncing…block by block, wallet by wallet. Your Bitcoin, even if stored offline, instantly becomes liquid and globally accessible again. No middlemen. No delay. No paperwork…GLOBALLY, INSTA
TLY!!
Bitcoin will be the first monetary asset to come alive the moment the lights flicker back on. Gold? It’s still sitting there, waiting for someone to weigh it, test it, or ship it…like it’
1805.
Bitcoin isn’t dependent on the grid…it just uses it better than anything else ever creat
#bitcoin
#btcc#timechaint#digitalcurrencyl#hodln#satoshi #miningi#lightningnetworkn#asknostr#
“Life oscillates like a pendulum, back and forth between pain and boredom.”
This made so much sense…
#bitcoini#btcT#timechaini#digitalcurrencyc#hodlD#satoshih#miningn#lightningnetworkr#asknostrt
“Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for.”
#bitcoinn#btcC#timechainn#digitalcurrencyy#hodlL#satoshii#miningg#lightningnetworkk#asknostrr
Companies that invest in innovation during a crisis are more likely to outperform the market when the crisis has passed.
WE ARE IN A FINANCIAL CRISIS.. GUESS WHAT THE BEST WAY TO COME OUT THE OTHER SIDE IS... BUY FUCKING BTC AND SELL THE DESK CHAIRS..
#bitcoini#btcT#timechaini#digitalcurrencyc#hodlD#satoshih#miningn#lightningnetworkr#asknostrtr