No urgent things going on here. I'll be fishing upcoming week. ☺️
#Foodstr #Christmas
So, I was looking up the recipe of our traditional local eggnog and found out that it's really different than the way the Americans or the Brits make it. Here's how we make it: 250 gram eggyoke, 250 gram sugar, a little bit of salt, the contents of 1 vanilla stick, mix that together and then add 300 gram vodka, heat that up 'au bain marie' and keep stirring with a whisk until it's 62°C. Then imediately off the heat and cool it down in a box of ice water while keeping stirring it. Put it in a jar in the fridge. You'll love it! 👌
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So, I had some questions about #Bitcoin spot etf's and looked a bit into it.
I was wondering if people that would hold btc spot etf shares could convert them to real bitcoin and then withdraw them from these institutions? -You can't.
Then I found out that the underlaying assets of any spot etf, don't have to be the assets that a specific etf tracks.
So there are gold etf's that are backed by real estate, but the trading price tracks the price of gold.
Current pending bitcoin spot etf's, yet to be approved, will only have bitcoin as underlaying asset.
BUT, once approved they could change their terms to add other underlaying assets too in there. That goes for later approved ones too.
So, if You're planning to buy a bitcoin spot etf at some point, check in the terms what the underlaying assets are! 😉
This was satire in early 1990s. Today, it seems to be normal. 😄
Did You know that #Bitcoin has 7 network effects that are all taking place at the same time?
All these network effects that take place combined result in this unique cumitive exponential entrenchment.
Here they are:
1. Speculators
People are buying bitcoin to make quick returns. The store of value component falls into this one too.
2. Merchants
Merchants are accepting bitcoin, because speculators hold them.
3. Consumers
Consumers start using bitcoin solely, because merchants accept them.
4. Miners
Processing power that secures bitcoin payment network is by far the largest computing power in the world.
5. Software developers
Software developers chose to build their applications on the most secure blockchain protocol which is bitcoin.
6. Financiers
New, useful and creative financial instruments are being created and regulated by financial markets.
7. World reserve currency
New standard of reserve settlement and currency between exchanges.
🎶"Look at 'm Jojo's, that's the way you do it; You play da #Bitcoin on the #coldcard seed!"🎶 😄
In hindsight, there were indications in the past that a 'pandemic' would come. For example, look at this music clip from 1998 😉:
And then You'll discover that Jesus is a metaphore for the Sun.
The Sun heals.
The Sun seems walking on water at the sea with sunset.
The Sun is born (again) on dec 25th on the northern hemisphere, 3 days after the winter solstice.
The Sun of God is the light of the world. 😉
Cool! Huhuhuh yeah yeah! 😄
So, Binance had to pay a big fine. At HTX and Huobi there is stuff going on.
It looks like the US regulators are cleaning up exchanges so that they can approve the #Bitcoin spot ETF after that. 😉
I agree. These are elegant ways of scaling #Bitcoin and implementing privacy.
In the future multiple of these systems competing based on reputation and given reviews.
Exciting times! 😉
Above a certain fee rate, most people just won't open lightning channels.
Get vaccinated to stay fighting fit this winter
As the temperatures start to drop and illnesses begin to spread, vaccines are our best form of defence against flu and Covid-19. #press
https://www.independent.co.uk/news/vaccine-nhs-covid-flu-b2434401.html?utm_source=press.coop
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Are You crazy?
Nobody believes this shit anymore!
Freedom of speech is the freedom to speak.
Censorship is the opposite of that.
Anyone that wants to silence people rather than argue their case, can't have much confidence in their own case. 😉
This is great! It redefines the green new deal. 😄👍
If You don't speak your #truth, if You don't express your own uniqueness of view, then You are not You anymore, You are what others say You must be.
Don't conform, You're too valuable for that! 😉
Waow, he's good! 😀
If You haven't noticed it yet, we are in an information war.
It's governments, the deep state and 3 letter agencies against we, the people.
Various strategies are used against us, like biased legacy media, infiltrated social media platforms and even synthetic media.
Deal with new information just like how You deal with #Bitcoin : Don't trust, verify! 😉
