Surprised at the reaction to this post. Here is the thought that generated it:
1. I logged onto Coinbase recently to buy more BTC, & was struck that unlike when i first bought BTC on Coinbase in 2013, Coinbase now offers all sorts of BTC derivatives, offering varying degrees of leverage, all cash-settled (not BTC-settled).
2. BTC peak-to-peak CAGR returns have collapsed in the 2 cycles since cash-settled** BTC derivatives began trading
(**"cash-settled" is key, because it means the owner of the biggest printing press increasingly sets marginal prices over time, NOT physical supply & demand. In most cases, the owner of the biggest printing press is the very fiat system BTC was designed to escape from) 👇
As a BTC holder since 2013 (and still), this collapse in peak-to-peak CAGR of BTC troubles me greatly. I would be happy to have anyone explain why peak-to-peak returns have collapsed in the past 8 years & why they think this trend will stop despite the seeming continued expansion of cash-settled BTC derivatives and cash-settled betting markets on BTC. Thank you. 🙏❤️
A new release candidate of Bitcoin Core, v32.0rc2, is available for testing.
This is a new major release, and follows v31.1.
Work-in-progress release notes are here: https://t.co/e1LU4i99Uk
Binaries are available here: https://t.co/ZCkYrHGLzx
[Dilemma]: blaming others (#Thorchain ) for own (#Bitget ) faults and forcing them to change.
One that doesnt see decentralisation as a backbone, shall move elsewhere (centralised control environment).
#decentralization
THORChain's "Decentralization" Faces Scrutiny After Bitget Asks It to Block Hackers
Bitget CEO Gracy Chen @GracyBitget asked THORChain to refuse service to publicly identified attacker addresses, saying decentralization should not be a shield for facilitating stolen funds. THORChain emphasized that its network is permissionless. In May 2026, an attack on one of THORChain’s vaults caused approximately $10.7 million in losses. Automatic safeguards and coordinated action by node operators subsequently halted the network.
Co-founder Chad Barraford later discussed ideas for anomaly detection and emergency pauses on a podcast, outlining security checks and asset migration procedures before trading could resume. While halting a network is not the same as freezing specific addresses, the dispute raises a question: Under what circumstances should a decentralized protocol intervene when stolen funds originate from an external platform?
@saifedean unless BTC pulls > 100k+, we more likely to remain in #hashrate horizontal line >> halving in just 1.5 year+AI shift (mostly large players)+BTC price (typically compensated BTC reward drops) >> will take another 18-24m to get 80% of global fleet to 10-15j/th
Ethiopia promoted as a promising destination for Bitcoin mining, is fading quickly as a reliable jurisdiction & signals now form a pattern, not a coincidence. Energy allocations to Bitcoin miners from 98% of contracted capacity down to 23%. #btcmining https://t.co/vxjYGiu5LF
Ethiopia: The U.S. Embassy in Addis Ababa is aware of reports of active fighting near Lalibela in the Amhara Region. Ethiopian Airlines reportedly suspended flights to and from the Lalibela airport on September 24, 2026. The Embassy has no information on when flights will resume. The Embassy is also aware of reports that internet and phone connectivity has been suspended in the Tigray Region. U.S. citizens are advised not to travel to the Amhara Region (including Lalibela), the Tigray Region, or the Afar Region for any reason. U.S. citizens in those areas are advised to leave if it is safe to do so or shelter in place until conditions improve, monitor local media for updates, and stay in touch with the airline for notifications on operations. More at: https://t.co/649r6BGjRP
Ethiopian Prime Minister Abiy Ahmed has reportedly summoned foreign envoys to issue a direct warning regarding an imminent escalation of military operations in northern #Ethiopia. https://t.co/XeYCErSr7a
Ethiopia promoted as a promising destination for Bitcoin mining, is fading quickly as a reliable jurisdiction & signals now form a pattern, not a coincidence. Energy allocations to Bitcoin miners from 98% of contracted capacity down to 23%. #btcmining https://t.co/vxjYGiu5LF
Miner Flows to Binance Approach 20K BTC for First Time Since August Spike
“Historically, Bitcoin miners often monetize part of their production during stronger markets to cover the substantial operating and capital costs.” – By @AmrT_Heisenberg
Link ⤵️
https://t.co/laRIf8G0jZ
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 20 minute lecture by Andreas Antonopoulos will teach you more about the financial surveillance complex and KYC risks, than most people learn in years.
Bookmark it and share it, no matter what.
🚨BLOOMBERG: Bankrupt cryptocurrency mining company Poolin Technology has selected a $140 million offer from Hut 8 Corp. as the winner of an auction for its two Texas data center sites.
@Hut8Corp is a publicly traded ($HUT) crypto miner that’s shifting to developing artificial intelligence data center capacity. The company signed a lease earlier this year worth at least $9.8 billion to provide computing power to a “high-investment-grade company.”
https://t.co/3nl2wTl731
⚡ INSIGHT: Researchers can trace an estimated 1.1 million BTC to a distinctive early mining operation. The harder question is whether that miner was actually Satoshi.
Read the full story:
https://t.co/kNC6ipC8Ym
Interesting view on background story of #bip110#Ocean takeover and engagement of other parties with vested interest. watch from 1h:05m >>
#btcmining#miningpool