What is this?

I put the same amount of slave tokens towards btc every week and the amount of sats I get in exchange is really getting low

$65M ish in BTC mined every day. With incoming flows in the neighborhood $5-10 BILLION. We're wiping out WEEKS of BTC supply every day. THERE IS NO MARKET!

Why do I keep seeing “JP Morgan reports” under all these Bitcoin articles lol

Why do I keep seeing “JP Morgan reports” under all these Bitcoin articles lol

Zero chance of that. Bitcoin is an American invention and Americans probably own at least half of the bitcoin.

The Nuclear Option

Yes, we are in WW3. And yes, there are nukes on both sides. You might argue we are not in WW3, but there are Western troops on the ground in Ukraine and both sides know it. Just because they aren't announced, nor uniformed soldiers, doesn't mean that NATO isn't directly fighting Russia. In fact the bombing of the Nord Stream 2 was a direct NATO attack on Russia. The suggestion by France that they could put forces in Ukraine, and the leak by Germany of a plan to bomb the Crimean bridge are just the latest in a series of events making it more obvious. The silly distinction of what defines WW3 is immaterial. For quite a long time now, probably a decade, these superpowers have been fighting: in space, under the sea, on the Internet, and in proxy wars from Iraq to Afghanistan to Syria to Ukraine. Let's not be pedantic about definitions.

I keep hearing people say that if Western boots are on the ground in Ukraine, then Russia could nuke us all. But that's not a reasonable response. There are hundreds of ways for either side to escalate a war without resorting to "the nuclear option". There is a reason that this phrase is colloquially used to mean the final and most extreme thing somebody can do. Russia will not jump to the final and most extreme thing they could do. They will escalate along one of the many (hundreds I say) other ways. Because neither side benefits from a nuclear strike.

So be prepared for further disruption to global shipping, including to the food supply, disruption to telecommunication, disruption to economic systems. You probably don't need a nuclear bunker. But you probably DO need to live local. Find local food supplies and local trade partners. Be prepared to use cash (yes lightning/bitcoin is nice but you might need something physical again), or amass a colleciton of something you can barter (e.g. bottles of wine). Maybe get a VHF radio. Make sure your emergency supply kit is well stocked. And with any luck you won't need any of this.

hypothesis:

the mindset which exists inside the current u.s. democratic party is not political, it is a clinical sociopathic psychosis. it is always racist, its racism just periodically changes targets. the foundation of its identity is a twisted form of Munchausen Syndrome by Proxy, which keeps people in a victim state to continue to feel needed.

As the regime loses control it reacts by cutting people who exhibit wrong think off from the financial system.

On a long enough timescale any ideas that don’t support the regime will be labeled wrong think.

Wrong thinkers need an alternative.

Hyperbitcoinization is inevitable.

I made the discovery today that 1 TH/s yields about 1 km/h speed in d-space. I didn't plan for that. It is an elegant coincidence. #cyberspace #ONOSENDAI

I made the discovery today that 1 TH/s yields about 1 km/h speed in d-space. I didn't plan for that. It is an elegant coincidence. #cyberspace #ONOSENDAI