Every #Bitcoin miner is profitable; the energy market is just mispriced in fiat terms.
$/kWh should essentially be 0.
Are AI image generators just peak meme?
MSTR taught me a lot of bitcoiners dont understand capital structure.
Unless you're buying MSTR Bonds or are buying equity with fiat you can't get out of the system you're the mark.
Dude!! I thought you were gone forever or were a spook!
Welcome back; you were one of my favorite bitcoiners when you were on the podcast circuit.
#Bitcoin is cheap
401k loans help you get that money out without tax penalties.
But yeah if you have liquid cash you want to be getting corn not MSTR. Lots of simps for Saylor out here.
Bitcoin to a billion or do the nukes start flying first?
Does it have a full belly or are they normally that football shaped?
I'm from the Midwest where all we get are rattlers and garter snakes (harmless)
Fuck it, we ball
Good report from outside the wire. Don't stay out there too long.
The Tradfi literature on tariffs assumes countries operate in a fair monetary playing field. They never assumed (or thought) countries would be forcing their populations into essentially slave labor through currency devaluation. In the world we actually live in; tariffs are appropriate and necessary.
In a fair monetary world (Tradfi assumes this) they are a poor choice.
Like the ETH-BTC spread is an actual tradable product on most exchanges. You can buy or sell it, it's a synthetic market. Maybe not retail but if you watch it on coinbase you will see the market makers doing their thing arbitraging.
Sorry I can see how you find that confusing. Market makers "spread" their trading. If you buy bitcoin a market maker sells it to you, that market maker is now short bitcoin. To offset his position he goes and buys ETH (or other shitcoin). That makes him -1BTC +1ETH. To close out that position that market maker goes and sells the ETH-BTC spread. Selling that spread (-1ETH +1BTC) offsets the original -1BTC +1ETH spread. This makes him flat and he nets his dollars profit
Create unlimited ETH create unlimited dollars; you got half the equation solved. Once that spread ceases to exist there will be no way for intermediaries to facilitate transactions in BTC. ETH-BTC spread is a proxy for coins available for purchase.
Unless the owners of those funds (pensioners. employees, retirees) actually go in and sell their retirement funds and move it themselves (never going to happen). That money will never be ported into the bitcoin universe, it will be permanently stuck in Tradfi land. The wealth is fake there. It's fake numbers. Fake money.