At this rate I think I’m going to own all the bitcoin.
The moment when Tucker Carlson realizes the GAME IS RIGGED while talking with nostr:npub1tccnjexzau3x5ea8c69v047nqfy3xm4w4yl9j788sts0usl87nhsvce6fh is absolutely incredible 🔥😂
“it's kind of like a rigged system, right? the government is issuing the debt, which is held in a specific currency, but that same government prints that currency.”
Quiet part out loud, etc.
The estimated value of the housing stock of the United States is $50 trillion.
The houses in the US are worth 500 million bitcoin.
There are 150 million houses in the US.
If the only thing bitcoin does is demonetize US housing, then each bitcoin will be worth 7 US houses.
All models remain broken.
True for every aspect of reality.
Somebody needs to tell the NBA that the Allstar Game wasn’t broken.
But in the future there will only be Bitcoin miners and podcasters.
Seems like you should learn at least one of these skills.
I heard you can make good money by just saying GM a lot.
And if that doesn’t work, there is always podcasting.
A black hole is a moment in time, not a place in space.
If only there were any bitcoin podcasts.
The white paper was the event horizon.
Imagine how much more bitcoin you would have if you didn’t stare at your phone all day.
High vibes only.
Coffee
GM
If you haven’t hit information theory yet, then you need to keep going.
Then his goal should be to stack the block reward.
Reposting this with hashtags:
#btc
#bitcoin
#plebchain
+++
A friend asked me, “what happens if we get to a point where energy is essentially free and limitless. how would this effect your btc world?”
My response:
So it’s: “infinity = mc2” …?
How do you allocate the matter you apply that energy to? How do you allocate the infinite matter you create? How do you coordinate any activity at all?
What if one person wants to point their infinite energy beam in a direction that pushes the planet toward the sun? What if another person wants to point their beam the opposite direction and steer us away from the Sun? How do we steer the rocket ship you just invented if everyone has free unlimited energy?
A world approaching free unlimited energy, is in effect a world where nothing is scare - since if you have matter and can apply infinite amounts of energy to it, you could make it anything you want.
In this scenario, BTC would represent the only limited thing on earth, as to run code that said otherwise would move you off consensus and you would simply hard fork your chain.
BTC’s difficulty adjustment ensures that the issuance rate and block time stays consistent, even if near infinite amounts of energy are spent to find the next nonce (speed up the issuance). You cannot speed up the issuance of the 21 million BTC, even if you mine harder.
So, we have a world of infinite energy and matter… what remains limited? Time. And BTC.