Dark times.

#Bitcoin won't go to $1M until ETH-BTC goes to 0.

#Few

This trade in particular was ~3000eth converted to bitcoin which essentially creates a -150 coin short to put a cap on price.

If you have infinite dollars and infinite ability to create ETH - both of which are entirely possible. You can control the dollar price of #Bitcoin.

It's doubtful we will ever see #Bitcoin go to millions per coin. At this point the goal of legacy financial institutions is to drain spot bitcoin markets of all liquidity and have "spot" price discovery take place through the US ETFs and CME futures market.

BTC price has been captured the same way gold has been through ETFs and a futures. Many won't like this but it's the truth.

#Bitcoin

More ETH-BTC spread games. This allows the BTC dollar price to absorb liquidity without price rising. Textbook price manipulation. This is on a sovereign or central bank level. Market making by institutions is a critical component to understand bitcoin.

If you own a utxo you don't have to take orders from anyone. You are a free person. You broke the chains.

You have to condense and evaporate the ammonia. I think it's more of a heat transfer problem. The chips get plenty hot. Would have to replace heat sinks with some sort of closed ammonia heat transfer system. RV fridges are pretty cool systems.

Time to pack it guys. Was a fun run. nostr:note1v043lrfene32ucgk7f6hcu5pk8zpan55djxgcghvj0lkv4gtyxlqtvc9jk

It's getting there. North of 30 tradfi starts acting funny.

I don't think they generate enough heat. Usually RV fridges run off propane burners.

Unless you could get the chips directly in contact with the ammonia that's being liquified / condensed.

The air alone from them would not be enough to condense the ammonia.

Do know a little about RV refrigerators and mining.

This Hubble telescope story comes to mind.

https://archive.ph/6EElo

Proof that every star was another sun, and that sun has a solar system just like ours. Beyond that there are stars that we can't even see without high powered optics.

The night sky in a truly rural area without light pollution usually does the trick.

Usually some understanding of the vastness of space.

People confuse religion and god.

Probably the most active metal trading since 2008-09 and maybe covid. Once silver starts getting into the 30s banks start having problems.

Worth looking into Buffett and their silver position around the financial crisis and how that all got shuffled around.

Nice work on WBD with Pete. 🤙🤙

You got to give us a heads up when you're going on a pod. That would be useful.

Also known as a social credit score

Most will never own it hold it our use it in our lifetime. There will be a fiat world where everyone pretends things are normal and a real world with bitcoin.

Great listen

The illusion of choice and control is comforting to the masses

What processes cause damage to devices? First time I have heard of that happening from an app.