Jack

#bitcoin ⛏ 🌋 ☀️ 🌊♻️

[Bitsbetrippin @BitsBeTrippin]

I took the cyberbeast in for some routine maintenance, tire rotation, and cabin filter. Noticed a bunch of cyber cabs. I’ve been dropped off in St. Louis. Looking 👀 good @elonmusk @cybertruck

[The Mining Pod @theMiningPod]

BITAXE GIVEAWAY WITH THE MINING POD!

One person will get a Bitaxe Gamma simply by...

1⃣ Following @theminingpod
2⃣ Like & RTing this post
3⃣ Subscribe to our YouTube channel (link below)

👉https://t.co/wN0lvHtLMo👈

[Jack @Jbtc12345]

@PeterMcCormack Sorry to see it end - I’ve found your content incredibly informative and helpful on my own bitcoin journey. Thank you Peter!

[Jack @Jbtc12345]

@theMiningPod @wsfoxley @cbspears @MatthewKimmell Thanks!

[Jack @Jbtc12345]

@wsfoxley @theMiningPod @cbspears @MatthewKimmell Hey Will - can you share the link to Charlie’s paper? Don’t see it in the show notes anywhere

[Lyn Alden @LynAldenContact]

Because money is a network good.

Liquidity feeds more liquidity. And eventually broad enough liquidity feeds stability, which makes it more usable. Which then feeds more liquidity.

It is similar to why we are here on this platform whether or not we like the recent owner.

Bitcoin can’t win or solve big enough problems at a $500 billion market cap. It’s to small, widely dispersed, etc. It is a venture money bet in that range. And without fees it would eventually be capturable. Bitcoiners are each small candles in a world of darkness, unconnected and volatile, with only small hubs, at $500 billion.

Like, my family and friends in Egypt? “Bitcoin”? Barely heard of it. Too volatile, too small, doesn’t matter, can’t help them day to day unless they put in a few hundred hours and get the laser eyes, and have enough financial privilege to absorb the price volatility and hold it for 5-10 years as a savings asset.

But when Bitcoin is 5x-10x bigger? And more widely dispersed and less volatile due to being further along in its venture journey of adoption? And having more media recognition with yet another all time high? That helps. The network of candles gets electrified and connected. Darkness becomes light.

Plus price is a market signal. A 5-year stagnant price is a negative signal. More specifically, bitcoin price has a lot of correlation with global liquidity. As long as bitcoin price rises with global liquidity, that is good. If bitcoin price fails to rise during rising periods of global liquidity, it is potentially a signal of network illness. Ongoing price increases are evidence of adoption and positive market signals, especially when adjusting for global liquidity. A good technology should increase in market size.

But it’s a good question. Despite being bullish, I have emphasized the FinCEN challenge rather than the presumed ETF price bump. People should keep their eye on the ball rather than get drugged with price bumps on their bags.

Humanitarians and freedom fighters, however, should not let price get in their way. Higher market capitalization and liquidity enables them, validates them, and is a necessary step along the way.

[karim helmy @karimhelpme]

A year in the making, the new nonce analysis methodology I designed & collabed with the @coinmetrics team to put out is now public!

We fingerprinted ~all major ASICs to pinpoint Bitcoin’s energy usage, e-waste, & efficiency

Report by me @LucasNuzzi @alexrmead @kylewaters_ 🧵👇

[Jack @Jbtc12345]

@tomaspueyo @NateHawaii has been looking into OTEC for remote computing opportunities!

[Jack @Jbtc12345]

@tomaspueyo Hawaii has an operational (albeit small) OTEC power plant - I believe the larger issue is where it would be most productive is quite far offshore and there is minimal economic value for having a power plant in the middle of the ocean for now.

[Jack @Jbtc12345]

@TheStalwart @tracyalloway What’s your reasoning?
Just vibes
😂😂😂

[Tom Emmer @GOPMajorityWhip]

Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy. 👇

[Jack @Jbtc12345]

@MatthewBerryTMR Greg Dortch to get 8 points

[Gareth Harney @OptimoPrincipi]

1) During construction work on Amphipolis Archaeological Museum in 1976, workers uncovered a cist tomb cut into the bedrock, still sealed and unlooted. Curiously, the burial was located inside the city walls near the marketplace of Amphipolis. Lifting the blocks, they found...

[Jack @Jbtc12345]

@TheStalwart Are you going to do an odd lots episode on vertical farming?!?

[Jack @Jbtc12345]

@MatthewBerryTMR @budlight Kamara to have -1.2 points

[Jack @Jbtc12345]

@OnlyInBOS Moyzilla

[Jack @Jbtc12345]

@DSBatten Would love to join that!

[Jack @Jbtc12345]

@jyn_urso @_BenjaminAJones Appreciate the insights thanks Margot!

[Ali Chehrehsaz @alichehrehsaz]

A thread on data & signals from the solar industry for #Bitcoin miners.

Source: 2022 Utility Scale Solar report by @NREL 👉🧵

https://t.co/VjWWNPQa28