Simple Steve

If we listen closely Bitcoin tells us its own price UTXOracle is LIVE! 100% on-chain data Real-time mempool entries No banks No exchanges No paper trading No API calls Open source Decentralized The only objective price Stream link in bio and comments 👇 Let the signal speak

None… this is a human model of it. It's no more “The Truth” than the models we had ten thousand years ago.

We think we seen scams in bitcoin But the quantum computing scams will be astronomical compared to that A guy at the bar tonight told me he assumed QC was currently used to power chat gpt QC can’t add 5+12 The public thinks a paper clips weighs as much as the sun

The quantum apocalypse is much farther off than I thought. Even factoring 21 is still far out of reach unless we cheat and hand‑wire all the hard parts of Shor’s algorithm into the circuit. We’ve never run real Shor—not even on tiny toy numbers. 😄

The lowest value transfer on chain occurs at noon in China This is every bitcoin transaction ever by hour, multiplied by the USD value at the time of the transaction.

1969 the minimum wage was $1.30 per hour or $52 per week Gold was $35 per oz That’s 1.48 oz of gold per week, or today’s equivalent of $4884 a week —American spending power has been destroyed to keep a handful of bankers, boomers, and billionaires fake rich

🔥 Speaker Announcement 🔥 We’re excited to welcome @stevesimple to the stage at #BH2025! 🔥 🦡 Steve is the inventor of UTXOracle and a self-described historical on-chain archaeologist, digging deep into Bitcoin’s past to unlock insights for its future. Expect a unique and…

When you zoom out, the price isn't just visible on chain, it's almost the only thing on chain. (Note: the signal goes to lower btc amounts when price increases, because $100 becomes less btc)

The median output amount is a reasonable first-order approximation of bitcoin's purchasing power. Here is the 30 day avg of price (black), output density (heatmap), and median output amount (yellow) since 2009.

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A bold thesis I'll be arguing in Riga: The imprint of purchasing power on the Bitcoin blockchain is the most resilient record of human economic behavior in history

With Craig Wright we had 5 years of sign a tx or stfu With quantum computing we’ll have 50 years of sign a tx or stfu

How did the Bitcoin community forget this part of the white paper? Have they even read it once?

It might be sensible make the dust limit a function of the median output amount over the past N blocks. The 20-day median line below is quite stable and has tracked purchasing power surprisingly well Just an idea

Spikes in output density at round USD amounts. This is all outputs from 2020-2025 converted to their USD amount at transaction time. Even the spikes I didn't make a line for (e.g. $3, $30, $300) are round USD.