Best use of abbreviations I’ve seen in a long time. And we use a lot of abbreviations.
Slave drivers gonna drive slaves.
Inflation makes it easier to get out of debt, or so they say, but have you noticed how many people get into far more debt during inflationary periods?
If your debt is growing faster than inflation, you’re the prey the psychopaths running the economy are sucking the lifeblood out of.
I just got the best random seed phrase generator from the kind folks at seed signer…it’s a bottle of 1024 flat orange and white pills with one word from the BIP 39 wordlist on each side. Simply shuffle, pick, note the word, replace, and start again for 23 words. The 24th word will be generated by your coldcard or seed signer (IIRC, you get to choose from 8 words that match the checksum).
@nvk would get a kick out of it: https://btc-hardware-solutions.square.site/product/entropia-v2-seed-tablets/11?cp=true&sa=true&sbp=false&q=false
I’ll have to look into that.
In one minute, Bitcoin price jumped over $1800…7:42 west coast time was a good minute.
There used to be a time when there was no such thing as an inelastic supply for a commodity. Such a commodity was the equivalent of a spherical cow in physics.
But now Bitcoin exists. The economic textbook concept of ideal inelasticity is here. Now we will see how humans deal with it.
America has been good at hiding profit motives behind war. But it’s always about profit and imbalance of power.
We have had how many people walk across the border into our country and how many related terrorist attack?
Maybe terrorists are rare. Just sayin…
The number of bitcoin in a block is also the percentage of all 21M bitcoins to be mined over a 4 year period.
Example: 50% of all bitcoin was mined in the first 4 years; block reward was 50 bitcoins at that time. 25% got mined over the 4 years reward was 25 bitcoins, etc.
Next halving puts reward at 3.125 bitcoin per block. This means inflation rate of 0.78125%…this is less than gold.
I enjoy work…don’t get me wrong, it’s still work, but I enjoy making a big difference in many lives a day. I need a protégé to hand my burden off to.
Wrong move
https://youtu.be/m-pwNtO-p5o?si=v5Tbk3Va-lbvMyHn
If you want a realistic, sobering, and insightful view on bitcoin future price, watch this video. Highest SNR YouTube channel out there.
Move to Arizona. We have second amendment rights.
Welcome!
—your tone deaf doctor friend
I’m off that week too. Will have to find a hotel.