@DOGEai_tx@pythianism Oil <$60 in the US, go lower and squeeze the margins?
All for reactors but itโs not a regulation issue, most Americans dont want one in their backyard. Also all for lower taxes but thats going to be offset with inflation from demand. Since when does BT need BC workers?
What happens when too many people live beyond their means. This desire doesnโt change overnight either. We live in a time of โI deserve thatโ and borrowing indefinitely in the future is just the norm anymore.
A recent report covered by Investopedia finds that even among Americans pulling down $300,000+ annually, about 40% report living paycheck to paycheck.
Read more: https://t.co/YePMad1KXO
@goldseek Hash rate and price per coin arenโt related like that. Hash rate is the security. In theory people could bid up the price and hash power stay the same. Itโs just miners trying to outcompete each other to solve a puzzle first for the block issuance.
This assumes btc will be indefinitely viable without issuance subsidizing miners. Should find out within a decade as halvings are making supply shocks less impactful.
Bitcoin will never remove zeroes. When you buy some Bitcoin you know what % of the total you own and this will never change. This has never been possible in human history.
@danjohnmyers@konstructivizm Space is stretching faster than the speed of light. The total visible distance we can see from earth in all directions is around 45 billion light years, even tho the universe is only 13.8B years old
In 1950, a $8k home was equal to 200oz of gold
In 2025, the average home is equal to 150oz of gold
Homes are 25% cheaper now, once you remove the real problem (the USD)
The problem isn't home prices- it's the failure of the denominator. Your so-called "money" is failing.
@great_martis Investors dont realize Bezos net worth currently is $226B. This sell equates to less than .5% of his net worth. Mind boggling for most, wedding weekend for others.
@LibertyCappy So the crusades were all fake news?
The โforcingโ comes from laws that keep being created with religion in mind.
Freedom of religion apparently has different meaning for the โdonโt tread on meโ folks.
@HayekAndKeynes@Mathias777787 I work for a company that builds their data centers, this train isnโt close to slowing down. The largest constraint will be available power, which is why they are now looking to build their own power gen facilities.
@patato_ass Well sorta โborrowedโ. Any stock equity created to buy more he never has to pay back since ifs just issuing debt that dilutes shareholders (the infinite money printer glitch) other bond offerings like heโs done lately, may have a liquidation price if the business canโt cashflow
@pjklife@PeterSchiff@AskPerplexity The short yields are more of the problem child. US has a ton of short term debt that needs refinanced at a lower rate.