Retired = no productive contribution
Everyone retired = production collapse
"Slave" part excluded because that is contribution without comp nsation which there fortunately is very little of.
A society where everyone is participating as consumers in a market - bit no one produce for - it is not plausible and will cause hyperinflation very fast. Super good for Bitcoin short-term yes, but on a societal level unustainable and the "slave jobs" would just be redistributed to those who don't have hard assets at best but real life sustaining value would be lost without any new input to the market.
So the premise is nonsensical.
Gradually, then suddenly #bitcoin opt-out becomes risk-on.
#bitcoin heating is the biggest unexplored product opportunity for #ASICs. I would love to heat with a side of hash!
An ASIC converts electricity to two things; sha256 hashrate and heat. The hashrate is used but hardly economical where I live (Nordics) on its own. However, my point is that the heat can be utilized and offset the cost. An ASIC mineraloil cooling loop can be connected to a separate water based heating system-loop via an heat exchanger. So you get a SHA256 to sell to compensate the electricity you would need to heat the water anyway. Even with inefficient miners you can profit when accounting for heating costs offset. There are examples on youtube with DIY setups - but no proper product where this is built as a home heating system based on heating by a sha256 ASICs...that's is what I want and even non-bitcoiners would love to save 50-90% on heating costs.
I hope you do something as disruptive with the silicon rather than just compete in the same product range; turn the heat generation problem to an asset and heat homes, water etc...hillbilly installations exist, no proper products. I'd buy in a sec.
Today was terrible for all parties but #Putin. #Europe talking about how to scramble for war within 2years. The #US economy will be melting inside and out as they leave the west...#Trump 2.0 promised change and now everyone is being force-feed MAGAnomics by a dishonest oligarchy who couldn't care less about the consequences...until they are hit back by the people they've hurt. It will get worse before it gets better.
Here, I fixed it for you:
Trump humiliated and exposed by Macron.
Europe arming up to survive without US support.
GOP leadership either double-down or denounces their own President sparking even more polarisation.
Looks like we are escalating towards a crisis climax. The ones who said "trust me bro" are untrustworthy. Governments have faultered by less lies than this.
There's blood on the streets...I give it 4-6w before there's blood in the office too if nothing major happens. Who the f knows what will come next - but this could be the breakout weeks of what will be known as the climax in the forth turning crisis that is needed for the world to recalibrate and rebuild into a new era. All I know is that I'll stack #sats either way the wind goes.
The US would not hold an election midst an invasion of say the east shore states with tens of millions of voters displaced and no infrastructure secure enough for the rest to safely vote. No democracy would, only dictatorships.
FTX payouts starrs next week, and that might create the supplychock needed to push #bitcoin beyond ATH - if it passes 120k I think it will rush up to 150k where another selloff level will kick in. Maybe we won't see #BTC below 100k again this year.
It's fine, just move some to MSTR, of which he's bearish on.
I guess this could be a way for governments to move seized BTC and similar "unintentional holders" away from self custody while still keeping the exposure. Seems very odd, so likely purpose built for some very specific use cases there is behind the scenes needs for.
I guess the non-crypto MAGA crowd have got their wallets setup just in time to take over the shitcoins and see their life savings get banked by now mega rich 19yos...the Boomer / Zoomer wealth transfer of 2025
There will such a backlash when the dominios starts falling from this, maybe nothing will ever be the same...I think he could end up being the most impopular president among his core non-crypto savvy followers by a long shot IF it lasts long enough for them to buy in and hold the bags when this inevitable crashes. Life savings GONE.
80% of the tokens are held by one wallet...if you didn't buy in the first hours you are the fool - now it is a chicken race to the bottom.
Stack #sats and keep calm. #Bitcoin is worth all the money in the world, this is worth absolutely nothing.
Shunned and betrayed, loved and embraced.
I broke down last year, picked up the pieces while still in fear.
Shredded skin and peeled of layers no longer serving, hard and strong I grew by the internal fury brewing.
There is no telling of what lies infront, but I know my past I first must confront.
Acknowledge, accept and act accordingly, can't afford to spare anything willingly.
Tomorrow is a blank slate, not governed by karma nor fate.
There's wisdom to be gained in exploration, release yourself to your inner volition.
Peace, love and freedom - or war, hate and serfdom.
Choice or not, always fight the rot.
#reflection #freedom #bitcoin
Posts like this...6k upvotes at this time, explaining the big "ponz" while also declaring ownership of 4btc as a gag...how and who are they phishing and what's the playbook? Just a clown? Am I just too caught up in it all to get how this can is real?
Full thread: https://www.reddit.com/r/wallstreetbets/s/CdKRvLXO20
$1Bš #bitcoin
