Annual January 3rd Proof of Keys Celebration of the Genesis Block!
Every January 3rd the Bitcoin community HODLers of Last Resort participate in a Proof of Keys celebration by demanding and taking possession of all bitcoins held by trusted third parties on their behalf.
By demanding and taking possession of their assets, individuals will learn real fast with blockchain proof whether they are part of the elite HODLers or not. Proof of Keys is the annual HODLer initiation.
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.
Satoshi Nakamoto
Every year HODLers celebrate with a test of trust. HODLers test people, exchanges, corporations and other services. Get withdrawals limits ready. Plus, one can easily forget where small amounts of bitcoins are. Remember and find them. Most importantly, HODLers can test themselves.
On January 3rd HODLers everywhere celebrate Bitcoin by withdrawing all their bitcoins to wallets they control that perform network consensus and use best practices like the Glacier Protocol.
Recommendations
Those who are ignorant of or ignore history are doomed to repeat it. Learn from the experience of others.
Want to show your support? Perhaps add the [Jan/3➞₿🔑∎] to your Twitter handle?
1. Jan/3 - the Proof of Keys date
2. ➞ - the heavy right arrow symbol (symbolizes what will be done)
3. ₿ - the Bitcoin symbol
4. 🔑 - the private key symbol
5. ∎ - the End of Proof symbol
And please help spread the word!
Perhaps fill out this form:
Show your support!
The signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin.
Bitcoin Core
Not your node; not your rules. Not your keys; not your coins.
This simple exercise costs little, perhaps a few transaction fees, yet proves possession and strengthens network consensus. Companies and exchanges must prove their trustworthiness and consensus. Many HODLers have extensive war experience with BIP148, UASF, NO2X, etc.
You can consider Proof of Keys a combat readiness drill. Hopefully, it will help prevent further annoying skirmishes with those who despise individuals empowered with monetary sovereignty.
You think you own bitcoins?
Then join the HODLers of Last Resort and PROVE IT!
Remember, remember the 3rd of January! Please help spread the word.
Then on the 4th of January there can be a return to business as usual with renewed confidence based on proof of keys.
In assessing the soundness of their [trusted third parties], [HODLers] must therefore apply a stress test to all participants in the chain, and must contemplate a catastrophe loss occurring during a very unfavorable economic environment. After all, you only find out who is swimming naked when the tide goes out. [HODLers of Last Resort] retain our risks and depend on no one. And whatever the world's problems, [HODLer's of Last Resort transactions will confirm].
Warren Buffett
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