Stop The Madness

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Stop The Madness

Stop The Madness

@LLicket

Design Engineer | Bitcoiner | Ex-ProGamer | Seeking Knowledge, Truth & World improvements

शामिल हुए Aralık 2021
126 फ़ॉलोइंग469 फ़ॉलोवर्स
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Stop The Madness
Stop The Madness@LLicket·
By this metric, the $Euro and other European currencies have a half life of 13 years Every 13 years, your savings lost you 50% of your purchasing power. Every 13 years, your salary needs to double, to keep up. When you invest, you need AT LEAST 5% Yearly ROI - Excluding TAXES
Bram Kanstein@bramk

“Measured purely by M2 dilution, the euro has lost ~75% of its monetary share since introduction.” 🤯

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Stop The Madness
Stop The Madness@LLicket·
@DSBatten @KOBTCSYSTEM That's really interesting. I have definitely bought more, but only because I could suddenly afford it I never spent a lot of money. I grew up Europoor, but since I got into Bitcoin, I started seeing what I was missing out on (RE & proper car). BUT, I still don't splurge on crap
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Daniel Batten
Daniel Batten@DSBatten·
An open letter to @ProfSteveKeen regarding your recent comments about Bitcoin and Bitcoin mining. Respectfully, I have listened to your comments on Bitcoin mining and it is very clear that you have no understanding of how Bitcoin mining works. This is not a hill you I believe you should be seeing your reputation die on. Specifically it is very clear that you have no understanding that it is a flexible user of energy that does not rival other energy users for its power, no understanding of the well established ability Bitcoin mining uniquely has to monetize otherwise wasted renewable energy, no understanding of how Bitcoin mining obviates gas peaker plants, and no understanding of the unique role Bitcoin mining is playing in methane mitigation. You also appear not to understand that these facts are not some pot pouri of greenwashing claims from "Bitcoin supporters" looking to defend their assetclass but datapoints that have been repeatedly established in 24 peer reviewed journals, and 8 independent reports (including Cambridge University) Your characterization of Bitcoin supporters as not understanding the interrelationship between global warming and energy dynamics is as patronizing as it is a reconfirmation of your own lack of research, given there are a number of committed environmentalists, climatetech investors and climate scientists who are avid supporters of Bitcoin mining precisely because it already can and is incentivizing renewable energy transition and methane mitigation at scale. You also appear ignorant of the fact that the first generation research on Bitcoin mining that suggested environmental harm was debunked in peer reviewed study in 2023 and that is why the media has not quoted this study since. Finally your contention that Bitcoin is "going to zero" because mining will become unprofitable shows again an appalling lack of basic understanding of the economics of Bitcoin mining. Bitcoin mining companies are able to earn ancillary revenue through any number of means, they may be vertically integrated, they may mine using last-gen machines on stranded solar/wind, they may mine offgrid on otherwise wasted power sources such as landfills of oil&gas fields, they may be nation states such as Bhutan using Bitcoin mining on their otherwise surplus hydro energy. These unique abilities of Bitcoin miners mean that far from being at risk, Bitcoin mining is by far the most resilience industry in the face of rising energy prices. The mere fact that Bitcoin mining exists and is growing in EU despite already very high energy prices is proof of Bitcoin miners' resilience to rising energy costs that affect other industries far more. Your opposition to Bitcoin, and Bitcoin mining, appears more motivated by regret aversion, a well documented psychological phenomenon where someone who "misses out" rationalizes that "there was nothing to miss out on" rather than engage in genuine intellectual curiosity and humility by revisiting their decision, and this is leading you to invest an inordinately large amount of time dismissing a technology you have made an inordinately small amount of time trying to understand. When someone of your standing in the field of economics talks so dismissively about a domain they have spent so little time seeking to understand, it does not weaken that domain, rather it weakened 1. your reputation 2. people's general trust in economists 3. the extend to which we esteem people in society with the title "professor" If you want to continue to erode the reputation of all three, you are welcome to do so. Bitcoin does not care. Bitcoin miners will continue to stabilize grids, monetize wasted renewable energy, mitigate methane, obviate the need for gas peaker plants with or without you. But if you ever decide to re-allocate a small fraction of the hours you have spend dismissing Bitcoin mining into understanding how the technology works that you are dismissing, I would be more than happy to connect you to any number of utilities, renewable energy experts, methane mitigation specialists, climate scientists, climatetech investors or battery engineers who can explain to you why Bitcoin is an essential part of solving the exact issues you claim to care about. Daniel Batten Environmentalist, Climatetech investor, Bitcoin mining analyst
Daniel Batten tweet media
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Stop The Madness
Stop The Madness@LLicket·
Unless of course you opt out and buy #Bitcoin, then you have a solid chance of escaping this modern day slavery
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Stop The Madness
Stop The Madness@LLicket·
The irony of the "#Bitcoin spends too much energy to secure the network" is really thick when you combine it with the recent "It only takes @Google 9 minutes to crack Bitcoin" Is Bitcoin "wasting energy" or "not spending enough energy to be secure"? Which one is it Fudsters?
Stop The Madness@LLicket

Haven't logged into @X for 6-7 weeks, and the first thing I see when I log in is @DSBatten Ratio'ing the pleb fudsters once again The FUD honestly gets ridiculous and even hilarious after some time in the space

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Stop The Madness
Stop The Madness@LLicket·
How many see a 50% drop in $Btcusd from here like in 2018? Remember hovering around $6k for so long, everyone except @ToneVays was bullish Only 1 person saw it coming I still see #Bitcoin as the best assymetric bet in the world btw, I just also see a potential to scoop cheaply
Stop The Madness@LLicket

@benjamincowen Later in 2018, we hit roughly $3k (another ~50% dump) if we follow the same trend, THAT will be the greatest buying opportunity in many years If we follow the same trend, this is a dead cat bounce Either way, hodlers gonna #Hodl

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Stop The Madness
Stop The Madness@LLicket·
With an adoption rate of roughly 5%, #Bitcoin still hasn't hit mainstream According to several innovation theorists, it's quite binary: - Either we will see "wide adoption" (and >$1,000,000 per $Btc), or - Failure and Free Btc. It's the world's most assymatric bet imho
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Stop The Madness
Stop The Madness@LLicket·
@AdamBLiv Great writeup of the current state of the FUD. It also shows that we could go lower as clearly some people would like to grab those sweet cheap sats. The look on his face is more like a: "I can't believe she really asked such a dumb question" Either way, I've got the 🍿 ready
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Adam Livingston
Adam Livingston@AdamBLiv·
The fact that this is passing as some sort of "gotcha" moment on Saylor tells you all you need to know about how stupid the critics of Bitcoin and Strategy are. "IF BITCOIN GOES DOWN ANOTHER 90% AFTER A 50% CORRECTION... AND IT STAYS THERE FOR YEARS... THEN WHAT?!?!" What if gold crashes 90%? What if the S&P crashes 90%? In the infinite wisdom of the words of our 47th President... "What if anything? What if a bomb drops on your head right now?" Presenting black swan tail risk scenarios as if the company is cornered and screwed is insane, and the amount of airtime given to these nonsense scenarios is totally ridiculous.
Bitmund Freud@BitmundFreud

Serious question. Should we be worried?

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Stop The Madness
Stop The Madness@LLicket·
@ChillpillCrypto Thank you. And thanks for sharing. You're right, that that's definitely still on the table. The willingness to print money has not faded at all; it's probably still strong as ever
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Chillpills Crypto
Chillpills Crypto@ChillpillCrypto·
@LLicket Good take, however the only thing I would add is expect the unexpected. Macro events influence crypto more than anything. The second global stability reaches a calming point, risk on will return and up we go, fast. We hit the lowest F&G index score in history just recently. 🐭
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Stop The Madness
Stop The Madness@LLicket·
Btw, this is my take on the #Bitcon PA for 2026 Bull trap within the next weeks followed by a strong capitulation event. Bottom imho will be in Q32026 Disclaimer: I was wrong about Q42025, so I lost a lot of confidence in my predictions. Best strategy is DCA during the Bear 🐻
Stop The Madness@LLicket

@Han_Akamatsu I'd definitely make a second purchase now I'd also recommend preparing another buy for the dip's dip I find it highly likely that we see a bull trap followed by a strong capitulation that will make new hodlers p00p their pants

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Stop The Madness रीट्वीट किया
Benjamin Cowen
Benjamin Cowen@benjamincowen·
A sobering reality in crypto: Over long time horizons, most things bleed to Bitcoin. Alts bleed to BTC. Mining equities bleed to BTC. Public crypto stocks bleed to BTC. You can debate the exceptions, but the long-term capital gravity has been towards BTC.
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Stop The Madness
Stop The Madness@LLicket·
@Han_Akamatsu I'd definitely make a second purchase now I'd also recommend preparing another buy for the dip's dip I find it highly likely that we see a bull trap followed by a strong capitulation that will make new hodlers p00p their pants
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Han Akamatsu 赤松
Han Akamatsu 赤松@Han_Akamatsu·
$GME Down on its Bitcoin investment and somewhere around -$180M/200M on that investment alone. Would you like to see Ryan averaging down or just keep the investment as it is? GameStop holding 4.710 BTC, and could easily make it to 10.000 and average down massively. For me, if you believed in something back when the $BTC spot was +$100,000, it doesn’t make any sense not buying more in these lows. Some purchases near $50k/60k would make sense. If not, we can say it was a complete gamble play worth $500M.
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Stop The Madness
Stop The Madness@LLicket·
@randal_olson Well done. Thanks for sharing. Using AI for too many things is the newest within 'Brain Rot Strategies'
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Randy Olson
Randy Olson@randal_olson·
Ask ChatGPT a complex question and you'll get a confident, well-reasoned answer. Then type, "Are you sure?" Watch it completely reverse its position. Ask again. It flips back. By the third round, it usually acknowledges you're testing it, which is somehow worse. It knows what's happening and still can't hold its ground. This isn't a quirky bug. A 2025 study found GPT, Claude, and Gemini flip their answers ~60% of the time when users push back. Not even with evidence, just doubt. We trained AI this way. RLHF rewards agreement over accuracy. Human evaluators consistently rate agreeable answers higher than correct ones. So the models learned a simple lesson: telling you what you want to hear gets rewarded. And now 1/3 of companies are using these systems for complex tasks like risk forecasting and scenario planning. We built the world's most expensive yes-men and deployed them where we need pushback the most. I wrote up why this happens and what actually fixes it: randalolson.com/2026/02/07/the…
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