@puhbuhruh_old
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0 sats \ 0 replies \ @puhbuhruh_old 3 Aug 2022 \ parent \ on: Hi, from Taiwan... bitcoin
Doing Satoshi's work 💪
@puhbuhruh's bio
0 sats \ 1 comment \ @puhbuhruh_old 2 Aug 2022 bitcoin freebie
121 sats \ 0 replies \ @puhbuhruh_old 2 Aug 2022 \ on: Daily discussion thread
How am I going to get my dopamine fix for the day when Pelosi's plane has already landed and WW3 didn't break out? :/
0 sats \ 0 replies \ @puhbuhruh_old 2 Aug 2022 \ parent \ on: New European Central Bank Paper on Cross-Border Payments bitcoin
I think this puts us right in between the "then they laugh at you" and the "then they fight you" stages 👀
132 sats \ 3 replies \ @puhbuhruh_old 2 Aug 2022 \ on: Hello! Pierre Rochard, VP of Research at Riot. AMA. bitcoin
Congrats on the new role! What research topics are you most excited to dig into?
211 sats \ 6 replies \ @puhbuhruh_old 2 Aug 2022 \ on: Hi, from Taiwan... bitcoin
What is the bitcoin scene like in Taiwan? Is there a Taipei monthly bitdevs meetup?
120 sats \ 2 replies \ @puhbuhruh_old 27 Jul 2022 \ on: Fed Hikes 75bps: Remains "Highly Attentive" To Inflation But Cautions ... bitcoin
The big question is what part of the financial system breaks first under the increased stretch. In 2019, it was the repo market. What do people think?
125 sats \ 0 replies \ @puhbuhruh_old 27 Jul 2022 freebie \ on: [Education] Onion Routing on the Lightning Network bitcoin
Great thread! Here's the Onion Routing section of the spec for anybody that wants to dive deeper: https://github.com/lightning/bolts/blob/master/04-onion-routing.md
One fun fact is that the routing schema is based on the Sphinx construction, which is where Sphinx.Chat got its name from.
0 sats \ 0 replies \ @puhbuhruh_old 18 Jul 2022 freebie \ on: My life should not revolve around Bitcoin bitcoin
It doesn't go away, haha. The best way to scratch the itch (if you have the skillset) is to start building Bitcoin tooling, contributing to open source Bitcoin/Lightning projects, or get a job working for a Bitcoin company. Bitcoin needs its passionate believers to devote their energy to ensuring it succeeds!
120 sats \ 0 replies \ @puhbuhruh_old 18 Jul 2022 freebie \ parent \ on: Everything You Know About the Economy is Wrong with Jeff Snider - WBD528 bitcoin
Yes I think this chart makes very clear that the investment thesis for Bitcoin the asset is as a hedge against monetary debasement from the central bankers (the US Fed in particular). https://twitter.com/WClementeIII/status/1548464261369802754
100 sats \ 0 replies \ @puhbuhruh_old 18 Jul 2022 freebie \ on: What do I need this bitcoin for? 🔦 bitcoin
Good read! As an investment, Bitcoin the asset is a hedge against money supply inflation, but not against CPI inflation (which lags money supply inflation by 12-18 months it seems).
But it's value as a tool for censorship-resistant transactions has only really started taking off in parts of the world where that's needed and desirable - Argentina, Brazil, Nigeria, Ukraine, Vietnam, Philippines, etc. Our payments systems in the West and in China are pretty good, but will be outcompeted over time as long as there's interested developers and passionate users.
GENESIS