moneyordebt
Debt’s Not Money

Science -> Tech

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Last Notes

2024-12-30 14:49:09 UTC

https://youtu.be/wrIBIlfWp_w
Excerpt on Kelly optimization of Bitcoin in a portfolio, with Sina of 21st Capital #bitcoin

2024-12-30 14:37:07 UTC

The #Bitcoin power law persists. Autocorrelation of weekly history corrected to second order.
Left chart: Log-log thus a straight line. Age^5.68
Right chart: Same fit log-linear plot, so curved lines, added -1, +1, +2 standard deviation lines and projection forward for next 20 years, if the anti-fragile and Lindy power law continues in similar fashion. https://image.nostr.build/9ac135f2446d40d827f0493f62de5651f4b285aa861163e8b0c55325f27a587b.jpg https://image.nostr.build/7cd8b70f83244d0bdf9ff6ce6721f90cbdc798b928f0416904fc2fd64fc0c4b0.jpg

2023-08-04 06:34:40 UTC

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On other thing, a disinflationary currency can be (is) more natural for this demographic era with population peaking in Europe and East Asia incl. China and workforce age cohort shrinking in the most productive economies (US peaked 2020?, that are also loaded up with debt and facing slow growth). #Bitcoin Not discounting rapid tech-driven AI and more growth but population segment in prime spending years is falling in wealthier economies.

2023-08-04 06:17:22 UTC

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If the fiat authorities are provoked to global thermonuclear or global ‘conventional’ war by some cascade of events related to defending, promoting respective currency regimes (e.g. $,€ vs. BRCS+). ‘Spreadsheet’ term feels weak, given extreme security with Zettahash scale of enforced scarcity: an exponentially hardened and decentralized ledger

2023-08-01 07:28:42 UTC

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Feminism since 1971

2023-07-02 07:47:24 UTC

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Paperback and mild preference for the 5.5

2023-06-23 11:50:15 UTC

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Front run another millionaire every month #Bitcoin

2023-06-17 03:14:19 UTC

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Money center banks rule the central banks

2023-06-09 00:29:06 UTC

Taleb doesn’t know it yet but once again the SEC suits against CZ and Coinbase have shown #Bitcoin is highly anti-fragile. Here are 20 ways https://medium.com/the-capital/bitcoin-is-anti-fragile-20-reasons-b299e2d734b0

2023-06-09 00:24:12 UTC

Reupping this one now that CZ has been accused of money shuffling between the exchange and his companies, Frodo FTX style. #note1ej0…8239

2023-06-06 01:09:16 UTC

Ivory and antler snow blindness preventers https://nostr.build/i/c209ae123913813cb5476132968cb1831afd57656a1ab2d4453d463be6d2ad0f.jpg

2023-05-30 02:10:14 UTC

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The FAST Act reduced the dividend rate applicable to Reserve Bank depository institution stockholders with total assets of more than $10 billion (large member banks) to the lesser of 6 percent or the most recent 10-year Treasury auction rate prior to the dividend payment.

2023-05-28 05:58:07 UTC

https://cryptoassets0417.medium.com/tenth-cryptosuper500-report-72f66ee20850 Medium blog on Tenth CryptoSuper minting report, total dominance by #Bitcoin, sorry Elon. Full report is free no reg. wall at OrionX.net/research

2023-05-25 07:07:41 UTC

Voting (POS) does not create value. It apportions it.
Work, energy = power x time (POW) creates value. #Bitcoin

2023-05-22 17:40:07 UTC

#Bitcoin Maximalism is self-evident since Bitcoin has always had, and will continue to have, the highest market cap. As a result of maximal energy input. We hold this truth to be self-evident.

2023-05-22 17:38:53 UTC

Gold coins all had a standard amount of metal and fineness defined. All identical until a debasement declared. #Bitcoin is fungible but each from a different block has a different amount of energy, time, and crypto power encapsulated. #invert

2023-05-22 17:36:16 UTC

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Fiat is corn husks

2023-05-21 08:37:42 UTC

The only proof of work coin that greatly matters is Bitcoin. The only one with 1/3 of a Zettahash of global supercomputer power is Bitcoin. And only proof of work coins can be fully honest. Tenth semi-annual Crypto Super mining report will be released in a week.

2023-05-11 12:40:14 UTC

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It’s the hash rate: 0.43 Zetta, value and security reflexive feedback loop #Bitcoin. BCH .0017 Zetta and value also less by roughly 2.5 orders of magnitude.

2023-05-11 12:31:17 UTC

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I was at a party and a young girl was trying to impress me that she was at McKinsey. I have a Harvard PhD since 1977, did not mention that. Probably helped me understand Bitcoin, but it was the exponential hardening of all prior blocks that really did it for me: https://nostr.build/i/7921be8b1f0584cb712b65c0eab1556fc329b6f9863b0048db74cd58e0bd6dc4.jpg

2023-05-06 15:02:09 UTC

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The irony of Wells Fargo last year forcing me to close out substantial balances across three accounts after being with them for decades, since I now live outside the US. I’m honest. WF? Not so much. https://www.nerdwallet.com/article/banking/well-fargo-fines

2023-04-29 06:25:11 UTC

Eight hours until Bitcoin is 15 Block Years of age. Expect to see much maturation over the next 10 to 15 years.

2023-04-28 16:45:36 UTC

Less than 20 hours until Bitcoin is 15 Block Years old (at Block 787,500) and we will be one Block Year from Halving / halfining. Happy Block Year Eve.

2023-04-27 07:02:26 UTC

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They would have to fork the chain and all the smart
people will choose the original 21 million max. chain. Maybe the new chain acts as a small dividend. The new chain would have a highly devalued token with greater supply and much smaller hash rate. High security is key to value (see BCH, BSV).

2023-04-27 06:49:58 UTC

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Southeast Asia

2023-04-24 02:42:11 UTC

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GenAI: supercomputers one-time use each query
Bitcoin: supercomputers produce an eternally reusable asset

2023-04-21 18:57:58 UTC

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Ironic that the most secure, scarcest, most energetic property on Earth is one-dimensional and ‘virtual’. But it’s not ‘virtual’ it’s locked into repeating patterns of electrons on thousands upon thousands of #Bitcoin full nodes. And millions of wallets.

2023-04-18 08:29:07 UTC

There are only four altcoins with market caps over 1 million #Bitcoin ‘s worth. And two of those are just stablecoins, basically fiat substitutes, no upside. That leaves the quasi-corporate cartel and elite controlled Ethereum and basically one man show CZ’s coin.

2023-04-18 08:18:27 UTC

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They understand infinite security with real world power even less. #bitpower

2023-04-18 08:17:23 UTC

It’s not just that there is an absolute 21 million supply cap and a highly decentralized ledger for #Bitcoin. But also critical is the unrivaled security of 376 Exahashes/sec and the first mover. Bitcoin Cash caps at 21 million but is worth little, 0.4% of the Real Thing. Security and Scarcity drive value.

2023-04-03 03:05:33 UTC

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This is a log10 chart for y-axis.

2023-04-03 03:04:07 UTC

#Bitcoin is rising on power law trajectory (elapsed time since 2009) in gold ounces. Power law index 4.86, R2 0.86 https://nostr.build/i/nostr.build_8af2e4b6c25cd79dd0d3bcd0585b7e0a30d9c3a93b2bebdd209edb4badf3e802.jpg cagr 39%

2023-03-31 14:35:08 UTC

The White House’s proposal for a surtax on Bitcoin mining is poorly thought through. Bitcoin is a valuable circular economy asset, over 1/2 minted from green inputs.
https://medium.com/illumination/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af

2023-03-26 11:29:11 UTC

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No free lunch: POW

2023-03-26 11:27:57 UTC

Seems like #softwar thesis could result in the DOD wanting its own hashpower or issuing contracts (including straight BTC purchases) for cyber defense reasons, and yet the White House (and presumably Treasury supports this ill-advised concept), is proposing a 30% electricity tax on #Bitcoin min(t)ing. Better idea: tax credits for green and methane-based BTC minting. And fiat bonds to build a national strategic Bitcoin reserve.

2023-03-19 00:20:37 UTC

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AskAI edition of GPT has a different take: "72 beautiful galaxies" could refer to a number of things, but it is most likely a reference to the 72 galaxies that were included in a catalog of deep-sky objects compiled by the French astronomer Charles Messier in the 18th century. These galaxies are known as the Messier objects and are some of the most famous and visually stunning objects in the night sky. They include galaxies, star clusters, and nebulae, and are popular targets for amateur and professional astronomers alike. The term "beautiful" is often used to describe these objects because of their striking colors, intricate details, and unique shapes.
*** And i asked the Ask AI app to write this for me. Get it for free -->*** https://get-askai.app/

2023-03-19 00:18:32 UTC

There’s a certain symmetry in $27072 #Bitcoin 72 is a beautiful number : 2^3 * 3^2. And the rule of 72. I even wrote a book about 72. https://72beautifulgalaxies.com full of Hubble Space Telescope photos that are now aging due to even more amazing JWST photos

2023-03-16 08:02:06 UTC

Article on why the White House ‘s proposed 30% surtax on #Bitcoin electricity usage a bad idea. Friend link: https://cryptoassets0417.medium.com/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af?sk=2a86ff032e7661f9f104e4cb7132be8e

2023-03-16 07:58:25 UTC

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Read it some years ago, found it interesting as a counter argument to the usual first they bartered with shells myth/story. Seems logical that in tribal societies there would be debts first between members (cows, bride price, whatever) that would be on a handshake basis or adjudicated with the chief. Later moved to a ledger at the temple and in agrarian society a bushel of wheat, etc. could be accounting unit and off to the races as trading networks spread one searched for more durable, universal form of money. #debtprecededmoney

2023-03-03 12:46:40 UTC

Dark Energy Stars are similar to black holes but no singularity due to a DE core. Now it is claimed that cosmological coupling of billions of these cores to the overall universe’s gravitational field and its expansion with #darkenergy dominating has been observed. https://darkmatterdarkenergy.com/blog/

2023-03-02 09:31:37 UTC

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This is based on current fast block times of 515 seconds, if average from now until halving turns out to be 600 seconds then halving is nearly 14 months away.

2023-03-02 09:22:42 UTC

Bitcoin halving countdown.
363
DAYS
21
HOURS
49
MINUTES
08
SECONDS
Reward-Drop ETA date:
29 February 2024, says
nicehash.com.
The final year of the cycle has begun.

2023-03-02 09:18:31 UTC

That Tech Review hit piece of 2/28 touting the virtues of Ethereal proof of insider stake and grossly misrepresenting #Bitcoin claimed a single transaction costs nearly a month of a US household’s energy. When in fact a transaction fee average is $1.83 (27 Feb.) https://medium.com/the-capital/bitcoin-and-the-circular-economy-f1a4db39480c It’s a highly circular asset.

2023-02-25 17:33:15 UTC

Every planet with intelligent life will have their own version of #Bitcoin; ours has a 10 light-minute decentralized executive function for ledger commits.

2023-02-19 06:32:31 UTC

There is very little non-Bitcoin supercomputer intensive cryptomining now of any consequence. Dogecoin is a distant #2 and less than 1/10 of Bitcoin created value. The others negligible. slideshare.net/perrenod/crypt…

2023-02-18 15:53:54 UTC

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He’s never read Satoshi’s white paper and is incapable of understanding the math.