The irony of Wells Fargo last year forcing me to close out substantial balances across three accounts after being with them for decades, since I now live outside the US. I’m honest. WF? Not so much. https://www.nerdwallet.com/article/banking/well-fargo-fines
Eight hours until Bitcoin is 15 Block Years of age. Expect to see much maturation over the next 10 to 15 years.
Less than 20 hours until Bitcoin is 15 Block Years old (at Block 787,500) and we will be one Block Year from Halving / halfining. Happy Block Year Eve.
They would have to fork the chain and all the smart
people will choose the original 21 million max. chain. Maybe the new chain acts as a small dividend. The new chain would have a highly devalued token with greater supply and much smaller hash rate. High security is key to value (see BCH, BSV).
GenAI: supercomputers one-time use each query
Bitcoin: supercomputers produce an eternally reusable asset
Ironic that the most secure, scarcest, most energetic property on Earth is one-dimensional and ‘virtual’. But it’s not ‘virtual’ it’s locked into repeating patterns of electrons on thousands upon thousands of #Bitcoin full nodes. And millions of wallets.
There are only four altcoins with market caps over 1 million #Bitcoin ‘s worth. And two of those are just stablecoins, basically fiat substitutes, no upside. That leaves the quasi-corporate cartel and elite controlled Ethereum and basically one man show CZ’s coin.
They understand infinite security with real world power even less. #bitpower
It’s not just that there is an absolute 21 million supply cap and a highly decentralized ledger for #Bitcoin. But also critical is the unrivaled security of 376 Exahashes/sec and the first mover. Bitcoin Cash caps at 21 million but is worth little, 0.4% of the Real Thing. Security and Scarcity drive value.
This is a log10 chart for y-axis.
#Bitcoin is rising on power law trajectory (elapsed time since 2009) in gold ounces. Power law index 4.86, R2 0.86 
cagr 39%
The White House’s proposal for a surtax on Bitcoin mining is poorly thought through. Bitcoin is a valuable circular economy asset, over 1/2 minted from green inputs.
https://medium.com/illumination/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af
Seems like #softwar thesis could result in the DOD wanting its own hashpower or issuing contracts (including straight BTC purchases) for cyber defense reasons, and yet the White House (and presumably Treasury supports this ill-advised concept), is proposing a 30% electricity tax on #Bitcoin min(t)ing. Better idea: tax credits for green and methane-based BTC minting. And fiat bonds to build a national strategic Bitcoin reserve.
There’s a certain symmetry in $27072 #Bitcoin 72 is a beautiful number : 2^3 * 3^2. And the rule of 72. I even wrote a book about 72. https://72beautifulgalaxies.com full of Hubble Space Telescope photos that are now aging due to even more amazing JWST photos
AskAI edition of GPT has a different take: "72 beautiful galaxies" could refer to a number of things, but it is most likely a reference to the 72 galaxies that were included in a catalog of deep-sky objects compiled by the French astronomer Charles Messier in the 18th century. These galaxies are known as the Messier objects and are some of the most famous and visually stunning objects in the night sky. They include galaxies, star clusters, and nebulae, and are popular targets for amateur and professional astronomers alike. The term "beautiful" is often used to describe these objects because of their striking colors, intricate details, and unique shapes.
*** And i asked the Ask AI app to write this for me. Get it for free -->*** https://get-askai.app/
There’s a certain symmetry in $27072 #Bitcoin 72 is a beautiful number : 2^3 * 3^2. And the rule of 72. I even wrote a book about 72. https://72beautifulgalaxies.com full of Hubble Space Telescope photos that are now aging due to even more amazing JWST photos
Article on why the White House ‘s proposed 30% surtax on #Bitcoin electricity usage a bad idea. Friend link: https://cryptoassets0417.medium.com/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af?sk=2a86ff032e7661f9f104e4cb7132be8e
Read it some years ago, found it interesting as a counter argument to the usual first they bartered with shells myth/story. Seems logical that in tribal societies there would be debts first between members (cows, bride price, whatever) that would be on a handshake basis or adjudicated with the chief. Later moved to a ledger at the temple and in agrarian society a bushel of wheat, etc. could be accounting unit and off to the races as trading networks spread one searched for more durable, universal form of money. #debtprecededmoney
Dark Energy Stars are similar to black holes but no singularity due to a DE core. Now it is claimed that cosmological coupling of billions of these cores to the overall universe’s gravitational field and its expansion with #darkenergy dominating has been observed. https://darkmatterdarkenergy.com/blog/