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cryptocurrency
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Daily Alchemy: a question to think on together
“When someone in power profits from a new financial system they also get to regulate, what makes you trust or distrust it?”
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- Philip...
Learn about Bitcoin. Your future self will very likely be grateful you did.
I think understanding Bitcoin is in everyone’s best interest. Although everyone’s heard about Bitcoin at this point, I think it’s still mostly misunderstood (and misrepresented).... - josefine...
some bits i want to highlight, as a fellow bitcoin enthusiast: Everything else in ""crypto"" besides Bitcoin is at best, a startup with a yet-to-be-proven use case and in most cases more like a scam.... - onBitcoin is now synthetically created, through options, derivatives, & ETF. Does that mean it’s endless, just like all the US dollars?bylaymanpascal...
Both bitcoin and fiat currencies can be quantitatively expanded under the right conditions. The real constraint is the threshold beyond which the value and utility cease to be engaging to users. For many reasons, bitcoin is not the magic vessel that many believe in...... - Philip...
Trump is doing his part to make money great again (by embracing Bitcoin)
Preamble: At this point I've spent a few thousand hours studying Bitcoin. It's a fascinating rabbit hole and a subject I've become passionate about. Here are some of the conclusions I've reached: Bitcoin is by far the best form of money that humanity has come up with so far.... - johnky...
Hot take: states should STEAL crypto from insecure custodians operating inside their own borders.
$2 billion in crypto was stolen by North Korea in 2025. Lax security isn’t a private failure. It’s a national security risk. Every poorly protected exchange or bridge becomes low-hanging fruit for foreign adversaries, ransomware gangs, and sanctioned states.... What happens when it costs $87,000 to “mine” a Bitcoin which is only worth only $66,000? We’re about to find out . . .
Gold and Bitcoin. So different, yet so alike. A hedge against inflation. Expensive to mine. Limited supply. But wait, is that last part really true? Gold mining virtually stopped when the price of bullion was at $1,800 a few years ago.... "Investing is one of the only fields in the world where the less action you take, the better you’re likely to do."
I think there's some truth to this, especially when it comes to the stock market or bitcoin. "If you want to get into good physical shape, go to the gym. If you want to get better at playing piano, practice five hours a day.... - Philip...
Loved reading this, Val. Looks like it might be more of a dead heat now, with Kamala instead of Biden. But I still think Trump is likely to win. And I honestly don’t know how I feel about that. 8 years ago, I would have been appalled. Now, it seems far more complex.... Object-level: I agree that the governments get a whole bunch of extra money via inflationary monetary policy. I agree people don’t seem to be aware of this, and that sucks.... - Philip...
I think we’re in the process of watching all of this happen. Sound reasoning. : ) As Pete said, the dollar won’t lose its reserve currency status overnight, nor over the course of a year or two, but we’re definitely in the early stages of that happening.... wait til people find out that Bitcoin and the 10,000 competing crypto currencies are also "fiat" currencies. this won't necessarily mean intensification of the stampede to gold and silver, but it will cause a sell off in both the crypto exchanges and the S&P 500 land would be the... Bitcoin is now synthetically created, through options, derivatives, & ETF. Does that mean it’s endless, just like all the US dollars?
Legend has it that Satoshi Nakamoto (creator of the Bitcoin universe) decreed there can only be 21 million bitcoins ever, until the end of time. Stop laughing – people actually believe this.... - Serpardum...
Transcript from Adrian Grenier AMA: Earth Care Is Self-Care
A live recorded conversation on UpTrust between Jordan Myska Allen and Adrian Grenier. Watch the recording or see the original AMA post, where the live questions came from. "I’ve Been a Boy, and Now I’m Finally Becoming a Man" [00:00:25] Jordan: Welcome, Adrian.... "Is XRP a scam?" The biggest scheme to defraud crypto investors in history?
Photo belowPhoto above - Is XRP the new Bitcoin? Is Bitcoin the new gold? What happens if you try to buy stuff with them? Thank you for clarifying this, Gus . . . The link below is to an article written by Robert Breedlove.... - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.by
assets are only worth something as long as people believe they are worth something. banks provide a presumably vital service to allow people to get paid and consume. that probably isn't true about bitcoin, or gold coins, or even stock brokerages.... - Philip...
Yeah. : ) I guess it depends on what you want your blockchain for. If it's for decentralized finance, creating tokens, digital art, and thing like that, then something like Ethereum is probably fine.... Money is on the move. But where does Yahoo Finance say it's going?
Shocking photos show Paris 2024 Olympics medals in very poor condition ... Photo above - an authentic 2024 summer Olympics gold medal, already displaying corrosion. Hey, isn't there some sort of test to prove if gold is real or not?...