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Sydney Bright
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Sydney Bright
@brightmindsco
Customer Success at Abundant Mines npub1249tdlkkwkv966uek7dd0duyl7x2ffdsyaugztsedrhwp3ktcflq66ys0r
Katılım Nisan 2021
98 Takip Edilen154 Takipçiler
Sydney Bright retweetledi
Sydney Bright retweetledi

@boomer_btc @knutsvanholm I couldn't agree more with this statement. I always appreciate your wisdom in this space @boomer_btc
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@knutsvanholm More miners, not more hashers....more devs but independent ones...more users, not pure hodlers
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Sydney Bright retweetledi

Full disclosure, I work for Abundant Mines. Frankly I find this comment incredibly misguided.
@isabellasg3 deserves incredible respect. She creates amazing educational content that helps people understand the issues of fiat money and the healing properties Bitcoin can bring to our society. Content such as hers helps a lot of people learn about, and adopt, Bitcoin. That is something deserving of respect.
Furthermore, hosted bitcoin mining is a perfectly valid method of acquiring bitcoin and can potentially be a way of acquiring more bitcoin with the same amount of dollars as compared to buying on an exchange. There are risks, of course, but with risk comes the potential for reward. You are perfectly in the right to try and protect people, as our industry is ripe with hosted mining scams. This was indeed the norm. However, our company was founded with the intention to create a truly high integrity hosting company that changes the status quo. Simply having the prejudicial assumption that because hosting scams existed in the past means that any future hosting business is also a scam is simply not protecting anyone.
Nor is it helpful towards the network. There is more to Bitcoin than simply purchasing it on an exchange that KYCs us and HODLing it in cold storage. In my opinion, we as a community must mature beyond this way of thinking. For Bitcoin to thrive, it should be used as money. We should be spending bitcoin, accepting bitcoin as businesses, opting out of the fiat system and living off of this real money, as @isabellasg3 honorably advocates for. Furthermore, Bitcoin mining should be further decentralized and all of us can contribute to that. Mining is the more natural way of acquiring bitcoin, it is non KYC, and just because hosted mining requires some counter party risk doesn’t make it wrong.
If more people mined non-KYC bitcoin and learned to spend and live off of their bitcoin, rather than simply buying it on a KYC-exchange and HODLing it, Bitcoin would be far healthier as a network.
Have some respect, and show some class. These things are prerequisites if you wish to protect people the most people from the harms of the fiat system.
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Alright Isa, let's do the dance.
You will pretend that you don't know what I mean and I will waste my time to elaborate.
Not because you don't understand and need an explonation.
But so I protect more people from your scam by making it 100% clear,
1. In Bitcoin we say "Not Your Keys - Bot Your Coins"
Why is that Isa?
That's right. But we, the Bitcoin community, dislaike Counter Party Risk.
Because we know that the only thing growing in someone else's hands is a dick.
Your wealth will not go up by trusting someone else and putting your capital in their hands.
If the service was so great the company was just going to lever up and exploit the infinite money glitch they found.
But it's a lie. A mirrage. There isn't infinity money loop.
2. In the video from 1:00 to 1:08 your empty gaze and having a hard time to find words shows your complete lack of knowledge of the mining instrustry.
So you are literally promoting people to go blind and trust their capital to an industry they don't understand.
Without having any idea what exactly is supposed to be done with their capital, is the company in condition to actually deliver, and all the risks involved.
You could have re-shot the video after you did a quick google research, but no - you are that lazy. You think the on-shot is good enough. "Looks natural".
3. 1:18-1:26 is the scammiest words one can say.
"Do you see where I am getting at".
So you try to manipulate your audience with the: YOU are coming to this conclusion! YOU are the smart one! YOU understnad this infinite money glitch - the miner goes BRRR and pays for its electricity + pays out divident to you.
You do not disclose at all the risk of how fast the mining hardware will get outdated and uncompetitive.
How if it was such a magic business it wasn't going to be a cut-throat business but even your grandmother was going to do it.
This isnt 2011, Isa, we are 2026.
You are getting paid. I get it. You will make money off of this. You are not risking anything.
You are exploiting your audience. You are making money not WITH them but OFF of them.
It's a disgrace.
I wish one day you become capable enough to create value for others.
Real value.
So you can get rich with others, not off of others.
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Sydney Bright retweetledi
Sydney Bright retweetledi
Sydney Bright retweetledi

Ironically, for a thesis about language and communication, a thesis is inherently a bit of a monologue.
After hearing my conversation with @_DannyKnowles & @thetrocro on What Bitcoin Did, @brightmindsco
reached out to read it, which meant an incredible amount on its own. Then he went a step further and wrote a deeply thoughtful article in response.
Thank you for the gift of turning my monologue into a dialogue, @brightmindsco!
Abundant Mines@AbundantMines
What if bitcoin is not just money, but language? In this piece by @brightmindsco , he explores the groundbreaking thesis of @21MMforthe21st , who proposes that bitcoin may be humanity’s first non-sovereign, censorship-resistant, non-extractive language. This is one of the most thoughtful explorations of Bitcoin. If you care about truth, language, culture, or sovereignty, this is worth your time abundantmines.com/bitcoin-is-a-l…
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Sydney Bright retweetledi

I have written another blog post exploring the work of @DrJackKruse and the subject of quantum biology. I am starting to understand how our body is electric and made of semiconducting proteins.
yakihonne.com/article/naddr1…
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Sydney Bright retweetledi

Bitcoin’s spam problem isn’t just technical. It’s existential.
As the Core vs. Knots debate heats up, a deeper question is emerging: What truly keeps Bitcoin healthy? Nodes, filters, or actual usage?
In his latest column, Sydney Bright explores the tension between configurability, miner incentives, and the role of economic activity in securing the network.
This isn’t a rehash of the block size wars. It’s a more nuanced and urgent conversation about the future of bitcoin as money.
If you care about decentralization, censorship resistance, or Bitcoin’s long-term viability, this is a must read.
Check out the column here: Putting History in Context: A Reflection on Core vs Knots abundantmines.com/core-vs-knots/

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Sydney Bright retweetledi

Sydney Bright retweetledi

Bitcoin’s spam problem isn’t just technical. It’s existential.
As the Core vs. Knots debate heats up, a deeper question is emerging:
What truly keeps Bitcoin healthy? Nodes, filters, or actual usage?
In his latest column, Sydney Bright explores the tension between configurability, miner incentives, and the role of economic activity in securing the network.
This isn’t a rehash of the block size wars. It’s a more nuanced and urgent conversation about the future of bitcoin as money.
If you care about decentralization, censorship resistance, or Bitcoin’s long-term viability, this is a must read.
Check out the column here: Putting History in Context: A Reflection on Core vs Knots
abundantmines.com/core-vs-knots/

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Sydney Bright retweetledi

🛁 Sasquatch’s Secret Soaking Spot
#SatoshiSpa #HotTubMiningClub #SasquatchSpaDay #HODLandHotTub #ZeroTubFUD
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Sydney Bright retweetledi

Who knew Sasquatch was stacking sats?
#MiningWithSasquatch #HydroPoweredMining #BigfootBuilds #StackSquatch
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Sydney Bright retweetledi

🏕️ Ever wonder what Sasquatch snacks on?
#MiningWithSasquatch #PacificNorthWestVibes #AbundantMeats #Jacklinks
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