I think that is already a certainty, but I don’t see it as a response or acknowledgement of btc as a dollar threat if that’s where you were going. Ok so if CBDCs are coming and CBDCs are for: Monetary supply manipulation, complete surveillance, complete censorship, Government controlling your tax r...

I think the US government recognizes the benefits of embracing bitcoin outweigh the risks (if any) to them. The bitcoin network is only resistant to attacks from non-economic actors and so the only entity in the world that it isn't resistant to is the US federal reserve because they control money t...

A good testing ground however for pre CBDC, let others take the risk of ironing out security flaws before adoption/rollout of their own version. What do you see in common regarding the code/tech/features/incentives/game theory/goals between BTC and some USD-CBDC? AKA: what is there that could be re...

Okay can we get back to personal crypto portfolios? I like Bitcoins in my portfolio. Ill throw a couple alternate ideas out as well. 1. Buy BTC, collar it. Buy spot BTC and then sell a call against it and take the $ from that sold call and buy either a put spread or puts. Example for September 2022...

dualstow wrote: ↑Tue Nov 16, 2021 12:46 pm Could be. You know way more about it than I do. I’m very interested in watching how it plays out.

Im just some cartoon-ish neon orange letter B on the internet, something to keep in mind.

Could be informative: Valuation of Bitcoin Mining w/ Mike Alfred (BTC043) "Preston Pysh talks with entrepreneur and Bitcoin expert, Mike Alfred, about the valuation process for publicly traded mining companies." https://www.youtube.com/watch?v=WKAmLFK83oY&ab_channel=TheInvestor%27sPodc...

LTTs and Gold seem wildly speculative to some folks. But they have track records. I largely agree with this, ofc. But keep in mind their track records could actually prove to be very dangerous. If long bonds begin to correlate with stocks (which I believe is happening more and more), and gold stops...

dualstow wrote: ↑Mon Nov 08, 2021 3:47 pm Wow! That’s alotta coins.

Those are stocks, except GBTC.

Craig Wright Called 'Fraud' in Message Signed With Bitcoin Addresses He Claims to Own Bitcoin keys from coins Wright claims to own were used to sign a message calling him a "fraud." https://www.coindesk.com/policy/2020/05/25/craig-wright-called-fraud-in-message-signed-with-bitcoin-addresse...

Bitcoin will go down in history as the biggest Ponzi Mania of all time IMO. The only thing that I worry about with regard to my HBPP is that these central planning mindf*cksters will disallow my ability to maintain a PP going forward. This is what keeps me awake at night. These "Woke" Jac...

I do not believe that any crypto-currency will replace gold as a store of value. I say that because I believe that most countries, including the US, will digitize their currencies and effectively negate the need for Bitcoin, et al. .. It would be neat if the digital dollar and digital renminbi caus...

... I believe that most countries, including the US, will digitize their currencies and effectively negate the need for Bitcoin, et al. Hi, EdwardjK. Are you saying that Bitcoin and the USD have similar features? One is scarce/finite, censorship resistant, seizure resistant, some privacy features, ...

Will be interesting to see the consequences of if Btc is permitted to grow enough to stabalize and undermine the financial system. Where money is pulled from commercial banks causing a runaway bank-run. I very much suspect however that major central banks will prevent things from getting that far. ...

The problem with the concept is that the PP is not designed around wildly speculative assets, but that's what BTC is for now. The PP assets are designed to be volatile because we are choosing the asset that gives you the best capital efficiency for the type of risk exposure. Each PP asset carries a...

This is one of the coolest aspects of Bitcoin IMHO and it is called the difficulty adjustment. If more people are trying to mine bitcoin, the algorithm makes it harder, which helps keep Bitcoin's emission of new coins on schedule. So if a ton of new miners join to mine, algorithm makes mining "...

To the tulip guys, do you distinguish between Bitcoin being in a (series of) bubble vs Bitcoin being a bubble? For example here are a bunch of bubble pops that have happened in Bitcoin: $30->$1 $260->$40 $1200->$200 $19k->$3k $65k->$28k I think even us die hard Bitcoiners think there will be another...

My objection is that Bitcoin as a stable store of value (at least as it stands today and in the near future) kind of...well...sucks. I dont think anyone is claiming bitcoin is currently a stable store of value. In fact, to the contrary, I sent a chart that had "reliable store of value" as...

Today I read that the simplest purchase of something with Bitcoin generates the consumption of $100 in electricity, assuming low rates being used by most miners. It is 1173 kWH. https://fortune.com/2021/10/26/bitcoin-electricity-consumption-carbon-footprin/ Each transaction doesn’t add to bitcoin e...

Eugene Fama says bitcoin should not exist. He thinks its value will drop to zero since it doesn’t have enough stability to serve as a unit of account. This is pretty hilarious given Fama is the efficient market hypothesis guy. Sorry Eugene the market knows something you dont! My first reaction was....

I am talking out of my ass here, not knowing enough. What are the chances, like wifi encryption, and lots and lots of other historical precedents of unbreakable security being broken, that someone or something or some group in the near future can hack or break or otherwise get into the system and c...

I'm just kind of going down the line that drastic value changes in either direction are way more unlikely with the dollar (which is the main reason I don't have anything in Bitcoin). Bitcoin seems to be short term volatile and long term value up. USD seems to be short term stable and long term valu...

how much value the BTC network can secure is something that can be determined based on its market cap That’s just it, you can issue tokens on the bitcoin network that are NOT BTC tokens. And, in theory, the value of those issued tokens could be much larger than the native BTC tokens on the network.

One, how many of the transactions in Bitcoin so far are for actual goods or services and not just speculative buying and selling of Bitcoin for short-term investment/speculation purposes? How, does this compare to the amount of goods and services bought in, say, USD each day? Two, how is Bitcoin ch...

I kept thinking that all these L1 native coins were commodities but in reality they are all trying to be money. I think Bitcoin is trying to be money. I think others are utility tokens that people think will have value but since they are just utility (chuckecheese) tokens they wont keep value other...

If I want to buy stocks, I open a brokerage at any of a dozen+ firms. Buying is free, holding is free, selling is free. All I need is a username and password. Can any of that be said of BTC? Im unclear, there are no line item transaction fees so its free? They make no money (on spread?, on selling ...