This post feels like a woollen sweater my grandma might have knitted.
My node is an anonymous portal into the bitcoin virtual reality that is then bound back to reality via the bitcoin miners.
A note to Bitcoin exchanges, users understand there are legal requirements you must adhere to in order to maintain a legal operation.
You are most likely on the side of bitcoiners, so to maintain the trust of your customers I recommend making your position clear.
For example, let them know you aren’t supplying all users kyc data to a government controlled database, but who knows perhaps this is a requirement and you are?
And let them know every trade is not sent directly to a tax department database, perhaps it is?
My assumption is the kyc database is kept in-house, and some sort of warrant would be required to support release of specific releases, but who knows?
I suspect a tax investigation is required to gain trading information, but who knows?
It remains mystery to most of us.
It seems likely to me that AI in its current form was released from its existing military and government silo, because the US and the world economy are in such a precarious position that it is hoped the increase in economic productivity gained will be enough to offset the entire crisis.
The fees on a large majority of the transactions are 10x the transfer amount. Insriptions, ordinals, miners spamming the fees up? Whatever this is, I feel non bitcoin value centric use of the bitcoin blockchain is an attack on bitcoin.
😂 Has merit!, however I feel like ideas are different than people, lets show them a better way with bitcoin, and win back some lost people.
I asked gpt4 about a magical apple tree that produces half the harvest of apples every year, the apples cannot be eaten but they are are immortal and can be teleported. Now what happens when a physicaly settled futures market is established?
"The potential upward pressure on the prices in a physically settled futures market, especially in the context of the decreasing supply of apples, can be attributed to several factors:
1. **Anticipation of Scarcity**: As the tree halves its production every year, the market players might anticipate the scarcity, which can drive them to bid higher prices in futures contracts to secure possession of the apples in future, thereby exerting upward pressure on prices.
2. **Hedging Strategies**: Traders and entities might engage in hedging strategies to protect themselves against future price increases, which could involve buying contracts at higher prices now to avoid potential escalated costs in the future, contributing to upward price movements.
3. **Speculative Trading**: Speculative traders might bet on the future appreciation of apple values, buying futures contracts at higher prices in the expectation that the market price of apples will continue to rise, thereby exerting upward pressure on prices.
4. **Investment in Storage and Preservation**: Given the immortal nature of the apples, individuals or entities might invest in storing apples as a form of asset preservation, potentially reducing the available supply in the market and contributing to a rise in prices.
5. **Increased Demand for Physical Settlement**: In a physically settled futures market, the actual delivery of the apples takes place at the expiration of the contracts. As the date of contract settlement approaches, the demand for physical apples might increase, potentially driving up the prices.
6. **Market Manipulation**: There is also the potential for market manipulation where entities with substantial capital might try to control the supply to influence prices artificially. By holding a significant portion of the supply, they can create a supply crunch, driving prices up.
7. **Global Market Dynamics**: Considering the teleportation ability of apples, a global market might emerge, where apples can be instantly traded across different regions. Different markets might have varied demand levels, and higher demand in certain markets might influence a surge in global prices.
Understanding these factors, it's clear that the futures market could potentially play a significant role in determining the pricing dynamics of the apples, with a tendency to exert upward pressure due to the intricate interplay of scarcity anticipation, speculative activities, and hedging strategies amidst the backdrop of decreasing supply."
Peter Thiel would like to disagree. To paraphrase - Impossible to prove scenarios like these are designed to (or only serve to) cause people to give up on engaging in discovery and experiencing the wonder of our reality.
Good question, I'd also like to know definitively.
You can use the generated seed of course, but not sure you can use the coldcard to sign your multisig utxo in this mode. (I haven't seen an option to run in two different modes). The coldcard multisig setup asks that your multisig descriptor be provided so it understands the full multisig setup. I'm assuming this is neccessary, but not 100% sure, thats probably why we both have the same question.
It can be restored and setup again with a different config. Mayby workable.
In Aus we arent supposed to use personal hardware if the hardware wallet is for official retirement savings, needs to be totally seperate.
Im really impress too.
I wish i’d created a new profile earlier on, and only loaded secure things back in there. Saving the default profile for first power on situations.
Really happy with silentlink esim, and the always on vpn feature.
Getting the florisboard keyboard was a nice ux improvement for me.
Halvings impact bitcoin price to the upside, the mechanism is decreased new supply availability.
The impact is reducing supply in a nonreducing* demand market. This supply demand imbalance naturally cause prices to bid higher, historicly induces fomo causing overshoot followed by overcorrection then fair value equilibrium over about four years.
Halvings can't be easily frontrun because the cost of holding price above equilibrium is overly beneficial to miners who can sell the market back down using pre-halving supply schedule.
*external media and political financial factors do impact demand and are regularly used to influence bitcoin price in the short term. These events may be considered by long term holders as opportunities to stack cheap sats.
I believe we're now at equilibrium, where this is usually the time of greatest short term price uncertainty as news events may swing either way before the supply reducing mechanism takes center stage once again.
W.H.O. 'World Health' Orginisation is an unelected environmentalist movement that focus on the health of the planet, not the people living on it. They view humaity as the disease, and it's cure is our eradication. Perhaps we've just been reading their name wrong.
Looking back to see the future. https://youtu.be/J-Vjgx75GXQ?si=o1jJd6w5b_eX4d5K
Amazing content!
Heard a scientist being interviewed today, she was concerned about the loss of trust in science. Her solution, be more cool and human so people might feel a bond and believe you.
Sounds great! Send over your private key so I can deposit that 😂
ps. Was not a scam link, its wayback machine archive to one of the earliest bitcoin websites. It works, only you need a time machine.
Found a great way to generate 50bitcoins in a few hours https://web.archive.org/web/20100614135405/http://newlibertystandard.wetpaint.com/page/Getting+Started