Wish there was a blockchain agnostic of how the public ID and key was created. Is there?
Agreed. The adversary will go to any extent to maintain their stranglehold on world economy. I’m sure they are working on to keep the hold in scenarios where btc is a dominant money mover.
https://theweek.com/articles/469742/history-detective-did-churchill-sacrifice-city-protect-secret
I am going to take a shot too.
1. The gov holds onto the btc it has as a security measure.
2. A black swan event causes hyperbitcoinization.
3. The supercomputers will be dedicated to cracking 256 but encryption.
4. Lost wallets will be drained and controlled.
5. Back to square one where one of the dominant currencies is controlled by the gov.
6. But it’s just the beginning of decentralized currencies.
More like a diamond hand hodler!
🤷♂️ XMR has cold storage too. The transactions are definitely cheaper and might be faster given low congestion at this time cw bitcoin. I like both but each has its own utility. That being said I am aware of your preferences. 🙌
Maybe try XMR 🤷♂️
The more time I spend with LLM’s, the more depressed I get. Its math skills are shit! It’s mostly a fluent make believe.
The more time I spend with LLM’s, the more depressed. Its math skills are shit! It’s mostly a fluent make believe.
The only constant is change. 💲BTC XMR
Capital gains taxes don’t just steal your wealth, they change the way you make bets
If you have a 70% chance of doubling your money or losing everything, a full Kelly bet is 40% of your portfolio
But if you are taxed 50% on your winnings, your true upside if win is only +50%, not a double (+100%). Based on these odds, you’d only bet 10% of your portfolio for what is otherwise the exact same bet
And if your taxes are 60%, you shouldn’t take the bet at all
This is such an important concept to understand
1) for yourself so you size correctly
2) so you understand how damaging raising taxes is to entrepreneurs and funding investments that have the chance to make the world a better place.
Source: https://twitter.com/tbr90/status/1733202123100201173
Interesting. Are you able to elaborate for my understanding . Just thinking out loud. If you make a gain you pay tax of let’s say 30% but if you lose you could write it off against gain of another bet of similar type.
Let’s assume it’s 50% tax, so I get your net gain will be 50% when investment gain is 100%. But how would it change your risk tolerance if investment in all you asset classes will be taxed at 50%?
Ask HN: How are quantum computing companies making money?
Comments ( https://news.ycombinator.com/item?id=38543546 )
By existing and not existing at the same time!
https://video.nostr.build/bac18ca498f4e482cb8dcc6f914b91552dfaf7006bba8aeb345d1e57442ff8eb.mp4
December 6th, 2023, 10:34 AM MST
We must be doing something right when Dimon and Warren team up!
Just discovered this, 4yrs later! https://youtu.be/5r3B7yz6J68?feature=shared
The new gen is rocking it: https://youtu.be/aPDkz3l_CSE?feature=shared
Nesting birds probably looking at saplings and thinking : “hey look, a new apartment complex coming up”
Surprised face! 
Teens keep talking about Insta and Snap all the time. Why do you feel it’s dying? Facebook is dying.