Ray Dalio manages the largest hedge fund in the world and is worth $15,000,000,000.
Listen to him explain why #bitcoin technology changed his view of the world:
Monero hitting network hashrate ATHs as price steadily climbs,
That's 7,430,000,000 hashes every second from computers around the world.
Equivalent to about 337,727 × Ryzen 9 7950X CPUs (each one averaging 22 KH/s)
337,727 CPUs × 200 W ≈ 67,545,400 W = 67.5 MW
Sustained, that's 591.3 GWh/year - about 0.59 TWh. Not that much, all things considered.
Using these estimates, the Monero network's power consumption is comparable to:
~56,000 US homes worth of annual electricity (a mid-size city's residential load)
~148,000 electric cars driven for a year
~19,300 Antminer S21s
A ~270 MW solar farm (~680,000 panels) or ~39 five-megawatt wind turbines to offset it
About ~0.37% of Bitcoin's annual energy
Would you call that efficient, or insufficient?
Let's check back in a year, after FCMP. What do you think the hashrate will be then?
Ironically, Saylor perfectly described how all fiat governments function:
1) Central operator
2) Promising returns on gov't bonds
3) Paying off old debt with new debt
Modern-day governments are the biggest Ponzi scheme there is.
Cherry on top: the #1 buyer of government bonds is the government itself.
@BorisJohnson Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand.
The strongest version of the bull case for Bitcoin, and the one I think is most intellectually defensible, is this: Bitcoin is a bet that the 21st century will need a neutral, non-sovereign, digitally native store of value — and that nothing else credibly fills that role. Given the macro trajectory of debt, money printing, AI disruption, and geopolitical fragmentation, that bet looks more reasonable with each passing year, not less.
After being away from Twitter for years, I did not realize that it's now mostly AI Bots🤦... it really looks like 90%+ of ALL pro #Bip110 accounts are Anonymous & created in 202X.
- Most likely it's similar for signaling nodes, it's not real!
Also I don't understand why everyone is expecting all these keys to be broken on the same day 🤷, say a quantum computer did crack one of satoshi's old keys, it would probably have taken 5+ years of attacking ONE wallet for 50 BTC.... The worst case scenario is another few years before 50 more coins gets cracked. Maybe by 2050 we will be at 1 wallet per day possibility (and even that is probably a crazy 10x over estimate of Quantum risk)
AI is causing hyper-deflation (and hyper abundance); acting like an acid test for all non-scarce forms of money; disintegrating all except absolutely scarce Bitcoin.
Trump correctly pointed out that our nation was its richest in the 1880s and 1890s, but he is incorrect to attribute that wealth to tariffs. The reason we were so rich back then is that government was so tiny that we could afford to pay for it with tariffs. Back then, total federal spending was only about 2% of GDP. Today it’s over 23%.
I'm with the president: let's eliminate 90% of the Federal Government, so we could pay for what's left with tariffs. Let's also eliminate the the Federal Reserve and go back to a gold standard, just like the 1890s. Let's get rid of income and Social Security taxes. Let's eliminate all the government departments created since 1890, like Commerce, Labor, Health, Education, Housing, Transportation, Energy, and Education.
Let's get rid of the government agencies that didn't exist back then, like the SEC, FDIC, NCUA, CFTC, CFPB, FCC, EPA, OSHA, PBGC, FBI, CIA, TSA, and FEMA. If we repeal Social Security, Medicare, Medicaid, ACA, Unemployment Insurance, SNAP, Welfare, Student loans, FHA/VA loans, SBA programs, and farm supports, to name a few.
We should also repeal almost every federal law that has been passed since 1900. If we do all of that, then we can have tariffs and be rich again like we were in the 1880s and 1890s.
Never expected the FINAL BOSS to be #Bitcoin Maxis, expected a fascist combination of Governments + Big Tech + Big Banks, but they capitulated & started buying $BTC!
* So now we have a Small Mob of Misguided Bitcoiners who think they can change consensus Rules and fork the Code whenever they are unhappy in life, as they always need an enemy to fight!
Never thought it would get this Retarded! 🤦
This is VSCO (Lingerie) outperforming Gold by 150% over the last 9 months.
While everyone is focussing on headlines in the mainstream newsflow and getting wrecked by topping and tailing Gold, quiet assassins in the market are trading Options in Stocks that go from $15 to $60 in 9 months and making fortunes.
Many of our Institute (ITPM) Traders had VSCO as a core long Call Options position (as a fundamental Turnaround story) several times in the last 6 months., and made way way more than 99% of people did in Gold.
This is the way to make money in markets!
Nothing fancy.
In pockets where returns are massive and go under the radar.
Saylor does not have a liquidation price
He borrowed $10b at .28% and bought spot
His Bitcoin holdings are worth $60b
So he has made $50b profit on his investment
If Bitcoin falls below his average cost ($76k), then MicroStrategy can use their $50m annual profit to service debt on the loan.
Basically, he's going to be buying until the end of time.
🚨BREAKING: The UN has issued a letter to its 193 member states warning that they face 'imminent financial COLLAPSE' after Donald Trump cut US funding
The globalists are panicking! 🔥
Tell them the dollar is collapsing and release the worst inflation numbers in history.
It's working... now tell them Gold and Silver are the only safe investments left.
They all bought?
Perfect... now nuke the price by 50%.
🚨Gold has surged through $5,500 an ounce. And at this point, you can barely keep up with the rally.
The metal has notched yet another record high, extending what is shaping up to be one of the most aggressive and persistent bull markets in modern market history.
What stands out is not just the level, but the speed. Breakouts are being absorbed almost instantly. Pullbacks are shallow and short-lived. This is not speculative excess. It’s conviction.
Yes, the usual forces are at work. Inflation, currency debasement, a weaker U.S. dollar, falling real yields, and mounting geopolitical and fiscal strain. But the defining feature of this move is structural.
Central banks continue to accumulate gold at scale, largely indifferent to price. That kind of demand does not chase momentum. It resets the floor.
And this is the real signal:
Gold is reasserting itself as a neutral reserve asset in a bifurcating global monetary system. Gold is increasingly being treated as the reference point for monetary credibility precisely because it sits outside politics, sanctions, and counterparty risk.
At $5,500, gold is no longer an insurance trade, it is a benchmark for trust in a changing global monetary order.
Dear @RachelReevesMP,
I have a well thought out plan to deliver economic prosperity to the country. It will mean:
- More jobs
- Lower welfare
- Higher wages
- Lower poverty
- More productivity
- More growth
- Better public services
- High pensions
I have been working on this for quite sometime.
I have researched history, consulted the most advanced AI models, spoken to business leaders and economists.
This is a robust plan, which I have outlined step by step below. I am so confident of this plan, I am willing to wager my net worth that this will work.
Step by Step Strategy
- Step One: wherever government obstructs private enterprise, be it regulation, taxes, bureaucracy, energy costs - remove it.
- Step two: return to Step One.
You're welcome,
Peter
The only real privacy coin is the only coin not mooning because crypto people that suddenly seem to be fixated on privacy are too stupid to be able to buy it cause it’s not on any centralized exchanges because it’s banned due to it actually functioning properly as a privacy coin.