For home, make a VPN VM. Point all your hosts default GW at the VM. Done.
(Or container)
short answer yes.
longer: yes but it will likely play out slower. They are no longer gun shy on bailouts so they can squash it down pretty quick. But they also cannot reblow the bubbles so the hits will keep coming and now it’s wack-a-mole.
Everyone loses at wack-a-mole eventually.
The Looming Reckoning For COVID Tyrants https://www.zerohedge.com/covid-19/looming-reckoning-covid-tyrants
Please name another time in modern US history when higher up gov types were held to account. I’ll wait…
Nope didn’t think so.
This is America. The country needs to “move on”.
Start with ZFS. ZFS = BTC. BTRFS = LTC. i.e. The cute little wanna be that will never quite matter much.
ok. well that lasted about 2 hours…
This is kinda scary. It does not have to be an accurate market predictor. People just have to think it is. Terrifying!
I do not disagree that it still plays into the BTC thesis. I do think it is different for the general economy though. Bailouts and QE are still more selective than ZIRP. ZIRP finds it’s way into every nook and cranny.
So honestly this may be correct, but FIRST I think the Fed will try bailouts and “not-QE” while keeping rates high-ish.
No the energy is not a bug it’s a feature. The coins cost energy to make b/c you cannot fake energy. They cost more energy when more people participate because then there are real market forces.
While there is no empirical proof bitcoin causes better allocation of resources(you’ll just have to make up you’re own mind) assuming it does, the energy savings from less misallocated resources vastly outweighs the energy spent mining bitcoin.
Theoretical is light years away from reality.
Markets decide the energy per coin because energy per coin is a function of number of miners. More miners equals more energy but NOT more coins and NOT more transactions.
It’s likely you need to calculate the issuance in expected US dollars or gold. That will give you a good idea of the amount of market demand needed to maintain said price.
It’s the only thing they know how to do. Consolidate / Socialize risk.
CBDC doesn’t enter their minds in relation to something like this. At least not yet.
Theoretically the amount of energy to validate all the transactions plus one sha hash. (Possibly less than 1W hour).
But the theoretical answer is not useful. The actual answer is a question for markets not tech.
So if Jeff Gundlach is right and the Fed are just a bunch of monkeys parroting the 2y then as of yesterday rate hikes are over.
2y is now >70bps below the Fed funds rate.