Computers are just sand and electricity.
We melted rock into silicon and arranged it so electrons could flip tiny switches called transistors.
Stack billions of them together and you get logic.
Stack logic and you get code.
Stack code and you get software.
Stack software and you get operating systems, networks, and digital worlds.
Every layer hides the complexity beneath it so the next layer can build something new.
Civilization is a tower of abstractions sitting on top of sand and electricity.
The brain works the same way.
Neurons are biological switches passing electrical signals through networks.
From those signals emerge thoughts, memory, identity, and consciousness.
Intelligence may simply be what matter does when it processes enough information.
First it happened in biology.
Now it’s happening in silicon.
Ai is the next layer in the stack.
Gold is a piece of metal with 90% of its value is derived from long historic purpose as store of value (thousands of years) when there was barely any technology. Bitcoin is the same concept improved by an order of magnitude but exists for less than 18 years (a small fraction compared to gold’s existence).
Gold is pumping because for now there is no world power government that has the courage to pull the trigger on BTC (buying Gold would be like buying IBM - “nobody got fired for buying IBM”. )
So no, Gold is not a threat to BTC, its the other way around. But you are 62 years old, maybe its hard to grasp this concept
Gold is the biggest threat to Bitcoin. That's why the entire crypto industry is now attacking it. Bitcoin hype worked when gold spent over a decade consolidating its prior gains. But now that gold is surging, there is no longer a reason for anyone to buy Bitcoin instead.
If we compare a 1kg of gold with Bitcoin, it would be:
Gold:
Circulating Supply: 216,265,000
Price: 136,600$ /kg
Max supply: N/A
Bitcoin:
Circulating supply: 19,930,000
Price: 108,000$ /btc
Max supply: 21,000,000
Yeah, we need to add another zero
🎉 This isn’t just a match: it’s your chance to experience the #EFLTrophy like never before!
Reef Chain & @crawleytown want to give the community a chance to experience VIP treatment at the Crawley vs Aston Villa U21 ⚽️🔥
People need to understand that there are 2 types of inflation, not the just the bs CPI. Asset inflation outpaces goods inflation. Homes took ~12.5 yrs of income to pay off mortgages in 1980, now ~30 yrs. Big Mac prices hide USD’s loss. Shiller P/E at 35.49, Tesla at 200 P/E! Soon it will take the masses 70 years to pay some lame 1 bedroom apartment. The wealth gap keeps increasing at a worrying pace. This never ends well
@406Bitcoin@Vivek4real_ Solo miners:
- some guy running a solo node for some form of “solidarity” and doesnt cost him much
- solo guy owning lots of ASICs will cost him too much electricity if he relies on the odds so he wont stay solo for a long time.
The first guy his chance is once every 8 years
@denkomancheski@Vivek4real_ Finding the valid hash IS luck based. Obviously the more miners (hash power) you have, the more “guesses” per second you are performing therefore raising your luck level.
Solo mined blocks are rare, but are REAL.
Grok 4 (Thinking) achieves new SOTA on ARC-AGI-2 with 15.9%
This nearly doubles the previous commercial SOTA and tops the current Kaggle competition SOTA