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Matt
d4dba46e95b5a924f957132a8fbb0072edd3c14709cdadd70d69bfbe6e2d3cef
Former finance C++ C# dev writing about the merge of mining into the energy grid 🔋

đŸ‡ŻđŸ‡” When the Japanese borrows an English word, they use a specific alphabet dedicated to foreign words and keep the pronunciation as English as possible.

đŸ‡«đŸ‡· When the French borrows a word from English, they keep the spelling unchanged but alter the pronunciation so that it sounds as French as possible.

This is French television and you would not have someone who says “we should separate money and state” speak for 30 minutes unless their daughter was almost kidnapped.

You can tell the journalists/commentators are in a state of panic, just like in ‘Atlas Shrugged’ whenever one of the Washington policy makers talk to industrialist Hank Rearden.

https://youtu.be/fUuegbJCgg8

Visited the facinating currency museum of the Bank of Japan in Tokyo.

Unfortunately you’re not allowed to take pictures during the visit. But the audio guide is here:

https://mguide.jp/2/kahei01?lang=en#/

Very cool-looking oval-shaped coins (oban) during the shogunate and progressive reduction of gold content from 18g in 1601 to 2g in 1869. [audio 20]

Money printing during the civil war following the transition to the Meiji period, leading to inflation. [audio 44]

Introduction of the yen in gold coins (the 20-yen gold coin looked awesome, straight out of John Wick).

Introduction of a gold standard in 1897, abandoned in 1931. [audio 52]

Examples of hyperinflations [audio 55]:

“Historically, hyperinflations emerged when a central bank lent too much money to the government or governmental institutions”

Don’t go through Tokyo without paying a visit to Tokyo Bitcoin Base near Yotsuya station.

https://x.com/tyo_bitcoinbase?s=21

An entire building dedicated to Bitcoin education in Japan.

A fantastic place to organise meet-ups!

Dubai travel tip:

If stuck in the airport between 2 planes, get out, order an uber and go chill in Creek Harbour (20min from the airport).

Then have dinner/coffee/breakfast in front of a marina with the Burj Khalifa in the distance.

I’ve been using the entry-level model from 21Energy for a year so I can compare.

Unlike 21Energy, the heatbit does not have a recycled S9 inside. Instead the chip was purpose-built.

This makes a bit difference in terms of efficiency. For a similar 400W consumption, the heatbit computes ~10TH/s vs only 4.6TH/s for 21Energy.

Trade war escalates: @Ervaboca imposes 11% tariff to all non-BTC customers.

It’s interesting that it blends a mining chip with a simple coil. So you have the flexibility to crank-up the heat when it’s really cold.

My flat is well insulated so I dont need to do this. It stays in ‘eco’ mode where it only heats from the mining chip.

1.5 years after the pre-order, the heatbit has arrived at last.

Good news: it works just fine.

‘Atlas Shrugged’ by Ayn Rand

unabridged, read by Scott Brick

63 hours đŸ•°ïžđŸšŽ

Morning is the best

Dont lend money to people who can’t repay their debt.

21Energy builds a very gentle steak defrosting device.

For French readers: a very informative essay by Alex Stachtchenko

Le role de la monnaie imprimée dans la dérive vers un état qui en fait trop, au point de détruire les libertés des individus.

A lire du dĂ©but jusqu’à la fin (il y en a pour au moins une heure)

https://medium.com/@AlexStach/l%C3%A9viathan-mon%C3%A9taire-de-largent-magique-au-cauchemar-totalitaire-c62b86036629