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I see what you mean, but honestly, Bitcoin is a fractal. The shape of the graph from the beginning if you zoom in or zoom out looks the same. This means we are a very very very long way indeed from the top.

The reality of the modern workplace is that even the guy who sweeps the floor is now an "entrepreneur". Contracts with things like holiday pay, sick leave, pension etc are a dream from the 20th century for most people. And if you are working for a company that does all that for you then there's a good chance you're batting for the wrong team.

Hope so. Anyone tried withdrawing a lunc stake from Terra Station lately to sell it?

Replying to Avatar Evan

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You mean... there are still people who work for companies on employment contracts?

Honestly I dare not even speculate what will happen. I think you're right, and what I see happening is them doing whatever will keep people from freaking out and running to the bank for their money faster than they can justify printing it . In fact bank runs have been happening for a couple of years I think.

Best solution for the tax man is if we all run a few trading bots, and at the end of the year send them a print out of everything with a note saying "here - declared". Make them have to go through a mountain of actual paper to check every satoshi. Mix in all your bona fide ins and outs so they have to go through it and not just estimate. And make sure it's on some kind of crazy paper and typeface so they can't easily scan and OCR to automate the thing.

It doesn't take too many 25 point rate increases to reach a tipping point where suddenly a whole bunch of derivatives become worthless and everything comes crashing down.

Literally found it at the roadside today, it powers up and all the hardware works! There's my node!

Hmmm. If we frame it that the dollar will drop to 100 satoshis before next summer I'd say there's a very good chance. I don't see the point of betting on it. We bet by the amount of bitcoin we buy - or not.

What was he putting up? I couldn't find the actual bet in his tweets.

Replying to Avatar davies

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Yeah sorry I'm just asking what this means. Not heard of it.