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All things decentralized............

Discussion in 'The Kruse Longevity Center' started by Jack Kruse, May 30, 2021.

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  1. Jack Kruse

    Jack Kruse Administrator

    Nature and BTC are the only two decentralized networks I know of.

    In painting, one can use decentralization as an idea of composition. In a city scene, you paint an object to come from the foreground to be seen. In nature’s scenery, you paint your object so it appears to dissolve in the space-time of the canvas.
     
    JoeBranca and JanSz like this.
  2. Jack Kruse

    Jack Kruse Administrator

    This is an effect of a decentralized ecosystem. The hashrate is the metabolic signal of the the BTC ecosystem. It is equivalent to thyroid control over metabolism

    The difficulty of Bitcoin mining has dropped by 15.97% today. According to Beatlenews, in the past 6 years, a single difficulty adjustment of more than -15% has only occurred four times. Mainly because of the lack of electricity in Sichuan, China.
    [​IMG]

    Beijing's request to crack down on Bitcoin mining is not the main reason. Because the hashrate began to decrease from the highest of 180E on May 13, Beijing's request released on May 20. However, regulatory uncertainty has caused miners to reduce expansion and sell machines.

    [​IMG]
     
    JanSz likes this.
  3. Jack Kruse

    Jack Kruse Administrator

    “China bans Bitcoin” makes Bitcoin more resilient in three ways: + Reduced geopolitical risk + Reduced reliance on coal mining + Shows how liquid the market is in case satoshi or an institution (eg MSTR) decided to block sell holdings. Last one not obvious but important.
     
    JanSz and ND Hauf like this.
  4. Jack Kruse

    Jack Kruse Administrator

    The entire world was told by the WHO to “Copy China’s response to COVID-19,” muzzled with useless facemasks, nearly half of small businesses bankrupted, millions starved, and still not one word from mainstream media outlets on the possibility of CCP influence on these events.
     
    JanSz and ND Hauf like this.
  5. caroline

    caroline Moderator

    can you elaborate on your last point? I have wondered about this .....
     
    JanSz likes this.
  6. Jack Kruse

    Jack Kruse Administrator

    A bitcoin DeFi project (
    @SovrynBTC
    ) launched just a few weeks ago and it already has over $1 billion in total value locked. It is growing faster than almost every ethereum based “DeFi” project. Why don’t the DeFi people celebrate this great growth and adoption???
     
    JanSz likes this.
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