If you understand bankruptcy, you'll understand what a pilfering this process was. Substantive Consolidation but conveniently neglected to treat net winners and net losers differently, as is supposed to happen in cases of fraud. Travesty.
If you understand bankruptcy, you'll understand what a pilfering this process was. Substantive Consolidation but conveniently neglected to treat net winners and net losers differently, as is supposed to happen in cases of fraud. Travesty.
Ten year anniversary of my first PR today.
Bitcoin was $242 a coin when this PR was filed, and the project had eyes on much more ambitious, interesting work than it does now.
I'm sad for the state of development today, and that trivial issues like mempool policy & "quantum"…
This topic is off-the-chart in terms of amount public discussion relative to importance. It is probably *the* thing that even the Wall Street pedigree who grok bitcoin have yet to come to terms with.
This topic is off-the-chart in terms of amount public discussion relative to importance. It is probably *the* thing that even the Wall Street pedigree who grok bitcoin have yet to come to terms with.
Eventually, the bitcoin maxi stops getting mad when the alts get a W.
Ie, today: Fed Chair @ JH gives market a whiff of sweet candy that's coming, and you can see money pouring into eth et al.
Ppl will always want to bet on the "the next thing." We're tilting at windmills.
Self-custody is not as hard as most people make it out to be. Don't let yourself be too intimidated to do it.
At the same time, you probably should not keep 100% of your bitcoin in your own custody.
Self-custody is not as hard as most people make it out to be. Don't let yourself be too intimidated to do it.
At the same time, you probably should not keep 100% of your bitcoin in your own custody.
@DarkSide2030_ The real fun begins.
It will be the largest bank run in history... in the era of real-time information... without the prospect of a backstop.
And any average Joe who controls his own keys gets to just sit it out and watch as true price discovery happens!
I continue to maintain that the best part of 100k to 200k is going to be thinking back on your life whenever it first hit the current price less 100k.
E.g. 16k. That was a big one. Happened fast and didn't last long. It was around year end. Family dug up old phones. Lost coins.
If you are interested in the takeaways pertinent to AI / compute demand trends from $MSFT and $META earnings calls, here's what @grok said when we asked for comment:
x.com/i/grok/share/O…
@SenWarren This is a reference to a GDP report that was 30bps below zero growth. Notably: net exports (the thing Trump is trying to improve) was the worst it has been in 50 years, detracting 4.8% from GDP growth. Also notably: the surge in gold imports to US vaults from Europe (~10x…
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