Owning #stock means you own a part of a company. If you’re comparing this to owning #Bitcoin, here are some key points to consider: ### Major Risks in Owning Stocks: 1. **Governance Risk**: The company’s #leadership can mismanage funds or make poor decisions. 2. **Operational Risk**: The business operations can face issues, like poor performance or external disruptions. 3. **Strategic Risk**: Bad #business decisions, like poor acquisitions, can hurt the company. 4. **Financial Risk**: Money mismanagement, such as bank issues or embezzlement, can lead to losses. 5. **Competitive Risk**: New competitors or better products can put the company out of business. 6. **Technology Risk**: New #technologies can make a company’s products obsolete. 7. **Political Risk**: Government actions can negatively impact business operations. 8. **Facilities Risk**: Physical locations can face risks from #regulations or other disruptions. 9. **Regulatory Risk**: Changing regulations can create compliance challenges. 10. **Employee Risk**: Employees' actions can bring #legal or financial troubles. 11. **Vendor Risk**: Dependency on suppliers can be risky if they change prices or fail to deliver. 12. **Customer Risk**: Changes in customer preferences or actions by #powerful customers can harm the business. 13. **Reputational Risk**: Negative public perception can damage a company’s image and value. 14. **War Risk**: Conflicts can disrupt operations and markets. 15. **Currency Risk**: Fluctuations in currency value can affect business finances. 16. **Tax Risk**: Changes in tax policies can impact profitability. 17. **Weather Risk**: Weather conditions can affect business operations. 18. **Customs Risk**: Cross-border trade issues can impact business. 19. **Legal Risk**: Legal #challenges can arise from #non-compliance or disputes. 20. **Tort Risk**: Lawsuits can arise from product failures or other issues. 21. **Patent Risk**: Patent disputes can lead to costly legal battles. 22. **Health Risk**: The health of key personnel can impact business continuity. 23. **Lifecycle Risk**: Changes in leadership or ownership can create instability. 24. **Dilution Risk**: Issuing new stock can reduce the value of existing shares. ### Conclusion: Owning stock means constantly managing these risks. In contrast, Bitcoin is seen as a more stable store of value without these complexities. As people understand these risks, they might prefer #Bitcoin over stocks for long-term value storage.

#gm #nostr #coffeechain #plebchain #gfy #miamibeach

Unshaken Undeterred Stacking #gm #plebchain

#meat

Girls chilling. I overclocked all three. One of them is swinging hashrate wildly after overclock. Will monitor

Girls are hashing #bitaxe #nerdaxe #braiins #plebchain #gm #gfy

#bitaxe ultra just landed

The article from The Wall Street Journal, titled "Crypto Could Stave Off a U.S. Debt Crisis" by Paul D. Ryan, discusses how the U.S. might mitigate its looming debt crisis through the adoption of dollar-backed stablecoins. Key points include: 1. **Debt Crisis Trajectory**: The U.S. is on a path towards a severe debt crisis without fiscal reform. A failed Treasury auction could trigger an economic downturn, causing a significant devaluation of the dollar. 2. **Stablecoins as a Solution**: Dollar-backed stablecoins could boost demand for U.S. public debt and maintain the dollar’s global dominance. These stablecoins, backed by U.S. dollars, would serve as a reliable asset in the digital economy. 3. **Global Trends**: Other countries, notably China, are advancing their digital currency initiatives. The U.S. risks falling behind if it does not innovate and embrace digital currencies. 4. **Implementation Strategy**: The U.S. should promote stablecoins by updating financial regulations and providing clear guidelines. This would enhance the stability and attractiveness of U.S. financial assets globally. 5. **Economic Impact**: Adopting stablecoins could increase global demand for dollars, reduce dependency on traditional Treasury debt, and offer a new avenue for economic growth. 6. **Policy Recommendations**: The article suggests immediate policy actions to support stablecoins, which could help prevent a fiscal crisis and secure the U.S.'s financial future. The author concludes that embracing stablecoins could provide the U.S. with much-needed economic stability and maintain its competitive edge in the global financial system.

Global stats

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D-Central

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Dropping this note to myself #bitaxe #nerdaxe

And another one 🕺🏻 #nerdaxe #bitaxe

#nerdaxe #testnet4 #plebchain 1. Get a Testnet wallet address 2. Connect to VKBIT Testnet pool - Address: tn.vkbit.com - Port: 3333 - Password: x

Solo CKPool - Anonymous Bitcoin Mining

Fun weekend ahead

#plebchain #ecash #nuts let’s see how long this last

#braiins hardware? 👀 #bitaxe

I’ll take the sats 🕺🏻 #nerdaxe #plebchain #braiins

In the context of Bitcoin and cryptocurrency, an #XFP (Extended Fingerprint) refers to a unique identifier associated with a master extended key (also known as an extended public key or xpub) in hierarchical deterministic (HD) wallets. HD wallets generate a tree-like structure of keys, where the master extended key is the root from which all other keys are derived. Here's a technical summary of XFP: 1. **Purpose**: The XFP provides a shorthand way to identify an extended key without revealing the key itself. It's used to verify that two different #xpubs belong to the same master key. 2. **Structure**: The XFP is a 32-bit identifier (4 bytes) derived from the master extended key using a hash function. Specifically, it's the first 4 bytes of the hash160 (RIPEMD-160 after SHA-256) of the master extended key. 3. **Calculation**: - Take the extended key (xpub). - Perform SHA-256 hashing on the extended key. - Perform RIPEMD-160 hashing on the SHA-256 hash. - Take the first 4 bytes of the resulting RIPEMD-160 hash. This 4-byte value is the XFP. 4. **Use Cases**: - **Wallet Verification**: Helps ensure that different xpubs are derived from the same master key without exposing the master key. - **Interoperability**: When sharing xpubs between different software, the XFP helps ensure the correct xpub is used and matches the expected master key. 5. **Display**: Often displayed in hexadecimal format, making it #human-readable for comparison purposes. ### Example Workflow: 1. **Generate Master Extended Key (xpub)**: - `xpub6CUGRUonZSQ4TWtTMmzXdrXDtypWKiKpSfey2Fv46ZoK4mKaZyCB1m9VZzmTmDBTjXbFQfz6hvWrTT4dE8YWbaqfPr5c5gZKUp7mW5Rhtq3` 2. **Compute SHA-256**: - `SHA-256(xpub) = 9b...9c` (64-character hexadecimal string) 3. **Compute RIPEMD-160**: - `RIPEMD-160(SHA-256(xpub)) = 50fc...d3d` (40-character hexadecimal string) 4. **Extract XFP**: - First 4 bytes of `RIPEMD-160` hash: `50fc1234` 5. **Result**: - XFP (Extended Fingerprint) = `50fc1234` In summary, the XFP serves as a compact identifier for extended keys in HD wallets, enhancing security and #interoperability without revealing #sensitiveinformation #plebchain

An extended #fingerprint (XFP) is kind of a unique ID for a special type of key used in #Bitcoin. Here's a breakdown: * Regular fingerprints are used to identify people. Imagine it like a nickname for your fingerprint. * In bitcoin, an XFP is a nickname for a key used to generate other keys for your #wallet. It's like a master key, but not the actual key itself. Think of it like a super secure lockbox. The XFP is the label on the box, but it doesn't tell you the combination. It just helps identify which box you need to open. Here's why it's useful: * It helps verify that you're using the right key for a #transaction. * It can be used with multiple wallets to make sure they're all connected to the same master key. #plebchain

This hash is likely wrong but I’ll take it. It’s not about the sats so much but it’s nice to see. Yes I know it’s not exactly contributing towards “decentralized” mining. Fun little toy. #plebchain #nerdaxe

Hash hash baby #nerdaxe #bitaxe #braiins