“$20 in 1971 is equivalent in purchasing power to about $135.46 today, an increase of $115.46 over 50 years…today’s prices are 6.77 times higher than average prices since 1971.” Hedge yourself against inflation. Ditch the dollar for Bitcoin.


1971 was 50 years ago. If you had put 1,000,000 in Bitcoin 5 yrs ago when it was at 723.00 a Bitcoin today you'd have 85,700,000. You would not have had to wait 50 years. Just 8 months in 2016 would have turned your million into 7 million. That is how BTC shrinks time and provides you freedom.

 

https://www.in2013dollars.com/

 

Returns, Last 10 Years
Bitcoin $BTC: +2,092,923%
Tesla $TSLA: +18,725%
NVIDIA $NVDA: +8,742%
Netflix $NFLX: +4,798%
Domino's $DPZ: 1,758%
Amazon $AMZN: +1,512%
Microsoft $MSFT: +1,474%
Apple $AAPL: +1,126%
Google $GOOGL: +896%
S&P 500 $SPY: +351%
Bonds $AGG: +34%
Gold $GLD:- 1%

 

The first $1,200 stimulus check is now worth $12,100 in BTC.

 

Bitcoin's Lightning network is a better proof-of-stake system than Ethereum's ETH2 network. Why? Because you can actually send payments with Lightning, this is impossible to do with ETH2.

 

Solid video worth a listen all the way through.

 

The Character of Prediction Errors

With respect to PoS on ETHER: The longer you wait, the longer you will be expected to wait. The continued wait for ETH's transition to PoS reminds me of this passage from Taleb's The Black Swan.

ALL THE WAITING ETHER HAS MADE THE MARKET DO

https://www.coindesk.com/markets/20...hifting-plans-for-ethereums-next-big-upgrade/

https://www.coindesk.com/markets/20...tium-hard-fork-postponed-for-further-testing/

https://www.coindesk.com/markets/20...sed-for-vlad-zamfirs-ethereum-casper-upgrade/

After China visit, Susquehanna analyst claims at least four manufacturers are working on their own Ethereum ASIC.

https://finance.yahoo.com/news/ethereum-falls-rumors-powerful-mining-184801947.html

https://blog.bitmex.com/complete-gu...ms-latest-proposal-vitalik-buterin-interview/



https://twitter.com/econoar/status/1035541351654281218

https://twitter.com/sh3lko/status/1057581155178950657

https://twitter.com/TuurDemeester/status/1070760364680335360

https://twitter.com/CoinDesk/status/1085270367600558080

https://twitter.com/lrettig/status/1086277387644329984

https://twitter.com/SaurabhPGunjal/status/1101255012016111616

https://medium.com/prysmatic-labs/ethereum-2-0-phase-0-testnet-release-1e9e682db910

https://twitter.com/CarlBeek/status/1151036795808866304

https://en.ethereumworldnews.com/ethereum-devs-push-istanbul-fork-eth/

https://twitter.com/MartyBent/status/1190258052127019008

https://twitter.com/MartyBent/status/1190668462189879297

https://eips.ethereum.org/EIPS/eip-2384

https://twitter.com/MartyBent/status/1202619998310584321

https://twitter.com/MartyBent/status/1204089759959666693

https://twitter.com/MartyBent/status/1206012368020557824

https://www.coindesk.com/tech/2019/12/27/ethereums-bazaar-development-model-will-pay-off-in-2020/

https://twitter.com/MartyBent/status/1225551389004304397

https://twitter.com/MartyBent/status/1240371832449949696

https://twitter.com/MartyBent/status/1257428897718829058

https://twitter.com/MartyBent/status/1260537905719791621/photo/1

https://twitter.com/MartyBent/status/1202619998310584321

https://twitter.com/MartyBent/status/1274449936332054532

https://www.coindesk.com/tech/2020/...-fork-to-stem-client-centralization-concerns/

https://www.theblockcrypto.com/linked/71155/eth-2-phase-0-ama-2021

https://twitter.com/MartyBent/status/1285921271398699010

https://twitter.com/MartyBent/status/1295158671719239681

https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698

https://twitter.com/MartyBent/status/1319733547851186182

https://twitter.com/MartyBent/status/1324014217708621824

https://twitter.com/MartyBent/status/1324018526521274369

https://twitter.com/MartyBent/status/1326569787053453322

https://twitter.com/MartyBent/status/1329076151575146503

https://twitter.com/MartyBent/status/1331557841463808000

https://twitter.com/MartyBent/status/1334302667154345984

https://twitter.com/MartyBent/status/1354166603022290946

https://twitter.com/MartyBent/status/1367865547652743175

https://twitter.com/MartyBent/status/1370764747612811266

https://github.com/openethereum/openethereum/issues/353


Lightning network on Bitcoin is up and running. Still in its nascent stages but is a reality.

What do delays mean for ETHER. Ether has been on delay after another. This is another reason it is not a viable investment. It is a security Ponzi built by Silicon Valley.


Habitual procrastinators will readily testify to all the lost opportunities, missed deadlines, failed relationships and even monetary losses incurred just because of one nasty habit of putting things off until it is often too late.

 

PoS chains will be completely controlled by large, regulated depository institutions. There's nothing cypherpunk about them.

 

https://twitter.com/LilMoonLambo/status/1471414312963125251

 

Remember my NYE blog on the metaverse risk: Facebook stock is down like -50% since embracing the "metaverse".

 

Web 1 = complete financial privacy.
Web 2 = complete data surveillance.
Web 3 = complete financial surveillance.
Keep the web free, say no to web3
Say yes to Bitcoin

 

https://twitter.com/bergealex4/status/1513196118590509057

 

ETHER's transition to PoS has been 9-12 months away since 2015 to their own press releases. Their core developers have basically invented the time machine that halts time. Impressive centralized actions in that ecosystem.

 

Sam Bankman-Fried (SBF, CEO of FTX, soon to be the biggest Centralized Exchange after Binance), being on a panel of Cryptobahamas | SALT (Bahamas is the new headquarter of FTX) with Bill Clinton and Tony Blair of all people! Does not bode well for Web3 imho.

 

The bad news here for ETH: The merge made ETH security and now Gensler is going after it. https://decrypt.co/110107/sec-ethereum-us-jurisdiction

 

Economic redox chemistry 101: When energy is withdrawn from a commodity, you've got a security. A security is an asset that is oxidized and lacks electrons. This is why ETH is in deep post merge.

 

Art and blockchain have a lot in common. All artist, at the fundamental level, sells their imagination in the marketplace. Their Art work is their ledger. The art took time and energy to create value.

Bitcoin PoW operates in a similar fashion.

When energy & time is withdrawn from artwork all you have left is an idea. Ideation without execution leads to the deletion of all good ideas. Imagination has no value without its ledger.

 

Web 3.0 is a dumpster fire now.
The toilet just flushed a lot of shitcoins today and that is a good thing.
https://twitter.com/CaitlinLong_/status/1590064912063422465

 

Regarding this: https://blockworks.co/how-the-fall-of-washington-favorite-crypto-billionaire-will-change-regulation/

This is the SBF bill that will need to die if you are a Bitcoiner: https://www.agriculture.senate.gov/imo/media/doc/crypto_one-pager1.pdf