And what did he reply?
or a nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll is something I am considering but the level the person is currently, I will need a more first step gift.
How about a lightning piggy bank?
It was plug and play, downloaded the whole blockchain in a day and now it sits there running a few other functions (Pihole is a favourite) and needs no intervention at all. I’m free to do other stuff.
Quite a few people will have made the journey from building and managing their own PCs to using a Mac. Once you’re there there’s no worry about managing interrupt vectors and other arcane technicalities. You can just get on with important stuff.The same applies to Umbrella Home. I built two Raspberry Pi Umbrels and was forever checking low memory warnings and occasionally rebuilding. Aaargh!
And then I bought an Umbrel home
Not so. This image from Glastonbury 2015
An @Umbrel Home, if that’s within your budget. They are amazing little devices.
Here’s a thought. Whenever people buy #Bitcoin from an exchange they are exchanging fiat for BTC. Never mind what currency they use to buy, it’s the miners who are at the end of the supply chain. The miners buy energy for BTC and with 37.8% of miners in USA, they will be paying in dollars. That means that dollars are entering USA fiat economy at the rate of…
37.8% of 3.125 BTC every 10 minutes, 6 times an hour, 24 hours a day at $100k each.
If I’ve got my sums right, that’s $17m per day effectively being injected into Dollarland to cause more inflation. Is this significant?
Let’s hope that #Bitcoin can hold onto today’s recovery to over $100k so we can record a new ATH with the added bonus of an extra ring of power.
And then it c-r-a-s-h-e-d, which means that the chart (which gets live prices throughout the day) forgets there was ever an ATH.
OMG, #Bitcoin over $100k made BBC headlines in the 7 o’clock news
Over $100k and the scale of the graph adds another factor of ten. The fiat equivalent of #Bitcoin spirals into a black hole of oblivion.
Are you upset because you want to be first to post the $100k fireworks gif? 😉
Oh that’s exciting. I hope they are planning to sell it all. That will cause a nice buying opportunity. 😉
1974: The internet will supply all information available to mankind allowing us to flourish intellectually and build a clean, healthy and peaceful world.
2024: People will pay for fruit flavoured water in a single-use polluting plastic container because they are too stupid to carry a bottle round with them.
nostr:npub132ertlsrunh600cph2au55ssmel2cqdt5mnrpxfand5ych4nmp8q50zmdh what will BlockClock do when we hit 100k?
Trade it in for a 6-digit version. That should keep you going for another year or two. 😎
I’ve been having a conversation with ChatGPT about which traditional stores of value are likely to collapse. Its conclusion…
“Fiat currencies are the most likely to lose their value as a store of wealth first due to inflation, central bank policies and the rise of decentralized alternatives. Art and collectibles could follow, driven by their niche appeal and competition from digital equivalents. Precious metals and real estate are more resilient, with real estate likely to be the last to lose its appeal due to its intrinsic and universal utility.”
It seems the issue of negative equity in the housing market will be well signalled. Take this as your 5 year / 2 year / 6 month (delete as appropriate) warning.
And add another door for Swiss Francs.
Oh, somebody please make one of those #Bitcoin death knocking on doors memes with $100k €100k £100k
To expand Edward O Wilson’s observation…
We have Paleolithic emotions, medieval institutions and godlike technology on which we built our monetary system.