Turtlesallthewaydown⚡️'s avatar
Turtlesallthewaydown⚡️
npub14m5y...8que
#exclusivelyBitcoin #onlyonNostr # !/bin/perl -sp0777i<X+d*lMLa^*lN%0]dsXx++lMlN/dsM0<j]dsj $/=unpack('H*',$_);$_=`echo 16dio\U$k"SK$/SM$n\EsN0p[lN*1 lK[d2%Sa2/d0$^Ixp"|dc`;s/\W//g;$_=pack('H*',/((..)*)$/)
Turtlesallthewaydown⚡️'s avatar
Turtlesallthewaydown⚡️ 1 year ago
Was walking barefoot in the park today and bumped into a longtime acquaintance who has long been a snide Bitcoin sceptic. He revelled in pointing out every Bitcoin dip in the last bear cycle, knowing we’d bought at previous cycle ATHs. He noticed my bare feet and said in his snide tone … “oh, so you’re one of those people” I smiled and happily replied, “Yes, healthy and rich! Go figure…” I’m still smiling! image
Turtlesallthewaydown⚡️'s avatar
Turtlesallthewaydown⚡️ 1 year ago
Hey @Danny Knowles , I’d love to see an episode discussing state dominance of Bitcoin mining. This is my thesis of the next epoch of b mining. Nation states ape into mining to secure their ability to transact on the network. Game theory at play to avoid any nation state gaining dominance which would allow transaction censorship. Nations use socialised losses fiat money to fund operations aka no need to be profitable thus corporate miners (with a business imperative to be profitable) are forced out of Bitcoin mining (and maybe pivot to AI data centres. All mining now exclusively done by nation states, home miners and ‘offset’ miners (those without profit imperative or who are generating profit from primary business function. This plays out only so long as fiat is acceptable as money… not too long, maybe a decade or two. I’d love a deep dive on the question, can nation state mining dominance break Bitcoin? If thy enemy of thy enemy is thy friend and Bitcoin is the enemy of all nation states’ power over their people. Could all nation states (jointly with global Bitcoin mining dominance) eventually collude to destroy Bitcoin. I wonder could this potentially be the next step game theory (3) playing out? Right now I see 2 global game theories at play. 1. As per mining discussion above 2. BRICS nations (an alliance of enemies) colluding to break US dollar dominance. Possibly and ironically using Bitcoin to achieve this end. (You could also argue 1&2 are the same play) #austrich
Turtlesallthewaydown⚡️'s avatar
Turtlesallthewaydown⚡️ 1 year ago
Anyone posting cat videos or photos of food (except steak) will be muted. You have been warned! How good is curating your own feed?
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