The EIA and the Department of Energy don't have a leg to stand on. They are claiming that miners are a detriment to the stability of our grid systems and electricity prices. Nothing could be further from the truth. Miners are a godsend for grid systems.
https://tftc.io/riot-temporary-restraining-order-against-department-of-energy/
Are there any Nostr clients/apps that would be ideal for scientists to publish their papers/data who are worried about censorship?
Testing out eNuts.
Sunday dinner locally sourced in central Texas. My wife is elite.
Bitcoin is winning. It’s “the next logical step”.
Presidential candidates are forced to have a position on it.
Bitcoin seems to be scaling just fine at the protocol level. Especially when you compare it to its true competitors; other base monies and the rails they settle through.
Bitcoin is already settling ~2x the amount of transactions that Fedwire settles.
There's a lot of debate about whether or not bitcoin is currently scaling appropriately and I think many are missing the forest for the trees. Particularly when you benchmark bitcoin's success to Fedwire, which is the correct apples to apples comparison.
Matthew Meźinskis and I recorded this morning and Matthew presented these two charts and I think they may be the most bullish bitcoin charts I've seen in years.
Bitcoin's trailing 12-month transaction volume and value compared to Fedwire.
When you factor in batched transactions, bitcoin is already facilitating almost 2x the amount of transactions that Fedwire is on a trailing 12-month basis.
In terms of value settled on the bitcoin network, it still has a ways to go to reach parity with Fedwire, however the trend has been a consistent and aggressive march toward parity, with the Fedwire value transfer being 22,000,000,000x in 2010 and ~800x as it stands today.
If you dive into the numbers and compare bitcoin to its base money competitors, it is scaling incredibly well.
Listen to the full rip here:
Despite what many in the political class would attempt to have you believe, they understand that bitcoin is better money. This is an undeniable fact.
Boris Johnson definitely isn't the only politician who likes to be paid in bitcoin.
https://tftc.io/boris-johnson-1-million-in-bitcoin-from-tucker-carlson/
“He will talk to you, but he wants $1,000,000. $1,000,000 in either US dollars, gold, or bitcoin.”
Bitcoin is becoming mainstream pay-to-play money. Bullish.
The greatest trick the Devil ever played was convincing the world that the global economy needs to be micromanaged by academic economists who manipulate interest rates and the supply of money and that sound money is bad for the economy.
The American consumer is laying on their back all battered and bruised in a chaotic ocean of debt and job prospects that are getting worse by the day. One has to wonder how much more pressure can build before the system collapses in on itself again.
https://tftc.io/personal-interest-payments-surpass-550-billion/
My 4 year old got a Jeep for his birthday, which has led to a new game; Jeeps and Rockets. He rides around the backyard in his keep while I shoot air propelled rockets at him. Dudes rule.
If the price of bitcoin keeps pumping, what will happen to the bitcoin mining industry after the next block subsidy halving?
Here are my thoughts 👇
Not falling for the Russian space nuke psyop.
Most of the world is completely unaware that the global monetary system is built on a house of cards, better referred to as a Ponzi scheme. The mass of men believe that the money they hold is good money and that the people who control that money, the central banks, are the smartest people in the room. This class of unwitting men is completely unaware that every central bank around the world is engages in moral hazard on a day to day basis because they are operating in a system with completely perverse incentives.
Shoutout to nostr:npub126pll3ll3fej2egnt2k4dn0ljn46ekdxzmgnzwh23t2g53rtl6vs5ca7vm for teaching everyone how to get on zero.
It seems that the American taxpayer has more in common with a masochist who likes getting abused by a dominatrix than he does with the people who founded this country. "Thank you sir, may I have another!" He screams as a third of his earnings are taken and thrown at an endless pit of debt that will never be paid back and a gender studies curriculum in Pakistan. Despicable.
https://tftc.io/are-your-tax-dollar-being-allocated-efficiently/
The last piece of trash to take to the curb before liftoff.
Bitcoin is an epic journey. https://video.nostr.build/3e74581917c810378e379e9a7b8bd66aecc546008e9f2007360cb65fcf460e8d.mp4