Bitcoin Nottingham Meetup 7pm Monday 20th March 2023

Bitcoin Meetups & Workshops

Bitcoin Meetup Field Report from Satoshi Nottingham for Monday 20th March 2023 at 19:00

What a fantastic venue we had for our March meetup at the Waterside Bar and Kitchen at Trent Bridge. Thanks to Tony the manager of the Waterside for hosting us in the private room and setting up the tables so we could all pretend we were at the Bitcoin Board Meeting or like the scene in the Bond movie Spectre were James infiltrates a meeting!

Jim commented how I like to start promptly as advertised, and I explained this is as a mark of respect to the people who made the effort to turn up on time or early, as they say there are varying degrees of early but late is late! Don’t worry if you do miss the start of a meetup, just slide on in and introduce yourself later, but we will start without you haha.

This meeting we trialled v0.0.1 of the new open source meetups running order that we are developing – get in touch if you want to help us collaborate on GitHub

We had a total of 16 at this meetup, slightly down on last month 25, maybe it is the reduced parking facilities at this venue, but I wonder how long it will be before my dream is realised and one of our meetups gets absolutely mobbed with hundreds of people, our max occupancy is 60 for this room so I look forward to breaching that milestone first!

Our winner of the Most Dedicated Bitcoin Tourist competition was Mohamed the founder of Bitcoin Coventry and I was glad to be discussing ideas for Meetup groups content creation.

We only had 1 new Bitcoin Lightning user who claimed the 10,000 sats digital walking around money, so be sure to tell your friends and family about the 10,000 free sats for any new Lightning wallet users, in years to come that could be $10,000 if bitcoin achieves dollar-sat parity!

Great to have the 60inch flat screen at this venue so we could show the fully open source Bitcoin Lightning auction in real time as it closed on the auction for the very last packet of Bitcoin Trading Cards to be sold from the primary market. This first series of cards has been hugely successful and very well received within the industry so congratulations to our group member who successfully out bid everyone else for this last remaining pack.

Great to hear the stories of how each member started learning about Bitcoin and where we’re all at! Thanks to Nind for sponsoring the pizza and we look forward to seeing you all again (plus guests) at the next bitcoin meetup on Friday 28th April 1900!

Bitcoin – Become the silent revolution!

Peace and love to all

Satoshi Nottingham

Monday 20th March 2023 at 19:00

We have a fantastic new venue for our March meetup, the Waterside Bar and Kitchen, Trent Bridge, West Bridgford, Nottingham NG2 5GJ.

Location Links: Google Maps Link | what3words link (dress.rock.rider)

Nearest Tram: Queens Walk Tram Stop – 1 mile, 19 min walk

Nearest Bus Stop: Cricket Ground Bus Stop – 150 yds, 2 min walk

Parking: Spaces can usually be found on Pavillion Road, Radcliffe Road, Fox Road, Hound Road or Musters Road. Check parking notices carefully but after 6pm there are more places you can park.

Get Monday 20th March in your diary! Come and join us at 7PM for a pint at the Waterside Bar private room, and talk about the current bitcoin topics in the safety and comfort of your local bitcoin meetup group surrounded by like minded ‘frens!

Be sure to wear or bring your favourite Bitcoin merch, swag or freebies. 1,000 satoshi on the night to anyone who downloads and installs a lightning wallet for the first time!

No purchase required, not financial or investment advice, for entertainment and educational purposes only.

Please confirm your attendance on https://www.meetup.com/bitcoin-nottingham/events/291935042/ if you want to help out the algorithm to share us more!

Bitcoin, become the silent revolution!

Exclusive to the Bitcoin Nottingham Meetup Group

We have for sale by Bitcoin Lightning auction 1 pack of 10 cards from the first series of the hugely successful Bitcoin Trading Cards. See https://www.btc-cards.com to learn more about the cards.

At the time of publishing there are only 8 packs remaining for sale in the UK (or the world) and this is one of them!

This exceptionaly rare opportunity to acquire the Bitcoin Trading Cards “ORANGE PILL in a PACK”.  This pack is up for auction between now and our next meetup on Monday 20th March at 7.30pm.

If the reserve bid of £60 is not achieved then the cards will be listed on the popular Bitcoin Trading Cards secondary market website, but Bitcoin Nottingham meetups group have first reserve and the pack can be collected in person at the Meetup. Shipping is not an option on this product, you must collect it in person from us.

“PLEASE NOTE: If the winning bidder has not arrived in person at the meetup on 20th March by 20:30 then the bid is null and void and the pack will be resold. You can only bid on this pack if you are going to come to the meetup and pay for them, sorry. Users outside Nottingham who want to buy a pack will have to invest in the project via geyser (https://geyser.fund/entry/46)”

Bitcoin Nottingham Meetups

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Inflation is Theft

Learn Bitcoin

Why Inflation is Theft and Bitcoin is Number Go Up Technology, according to the AI!

BN: Explain why inflation is theft and how bitcoin fixes this because it is programmed to be deflationary.

AI: Inflation can be considered a form of theft because it erodes the purchasing power of money over time. As the supply of money increases, each unit of currency becomes worth less, which means that the same amount of money can buy fewer goods and services.

Bitcoin, on the other hand, is designed to be a deflationary currency. The total supply of bitcoins is limited to 21 million, and the supply of new bitcoins entering the market is halved every 210,000 blocks (roughly every 4 years), which helps to maintain the value of each bitcoin over time.

As a result, people who hold bitcoins can be more confident that their savings will hold their value in the long run, as opposed to being gradually eroded by inflation.

BN: Is that why bitcoiners call it number go up technology?

AI: Yes, “number go up” is a term used by some Bitcoin enthusiasts to describe the potential for the value of the cryptocurrency to appreciate over time, as a result of its scarcity and the increasing demand for it. The limited supply of bitcoins, combined with the increasing adoption of the technology, creates a situation where the price of Bitcoin could potentially increase over time, which is why some people refer to it as “number go up” technology.

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