Dushan Spalevich

10/ This isn’t the end of innovation — it’s an inflection point. As intelligence moves from code into the physical world, markets may need to reprice toward infrastructure scarcity and execution risk. The regime is changing.

I agree , people thinking a moving average is a cheat code are about to learn the hard way 2022 March bearish retest was a bearish retest on all assets globally not just BTC Back then it was a massive reaccumulation pattern for this guy here and now bulls are gonna learn the hard way

People worldwide feel safer today than they did a decade ago, but many countries have a long way to go to achieve the “peaceful societies” that are essential for sustainable development. [1/2]

In April 2024, Bitcoin's Electrical Cost, the raw energy cost of mining Bitcoin, will double overnight. This is a certainty. Inefficient miners will then start shutting down as the Bitcoin reward Halves. In the last two Halvings, Electrical Cost bottomed at +65% and +50% of the pre-Halving values. If Electrical cost bottoms at +50% this time, that means the historic price floor of Bitcoin will be $41.2K in just 5 months time.

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15 years of Bitcoin, my celebration is the following: It's crazy how many academic papers there are, how many ideas are conceived, and how many of them fall out of history, never to be remembered, never to make a dent on the course of history. Our world doesn't seem like a place where an email on a cryptographic mailing list can really make a dent on this world. No matter how cool of an idea you may have for some distributed system, it's never going to be the type of thing that could ever really become talked about in the mainstream. Let alone become a new asset, listed on the same finance pages as oil, stocks or gold. These clever ideas usually stay a curiosity, something talked about in small circles. They're not the type of stuff that will get commemorated in art and songs, embraced by countries, feared by politicians and hated by journalists. This kind of stuff never gets any of that recognition at all. Yet there were some crazy believers out there that dared to believe that this could be different. This could be a paper that actually does make a difference. This could be that long shot idea that actually breaks through the resistance. This could be the idea that make bankers shake and quake in their boots, and central bankers twist and turn in their temples. In 2008, human kind did not seem like the kind of place that would embrace an idea like Bitcoin. The modern world wasn't some ancient Greece where philosophical ideas were exchanged and listened to—we were already on a fast-track toward idiocracy by then. For me, it took 6 years from the first time I heard about it until I allowed myself to *actually* believe that it could change the world. Until then it had been a "pet theory", something that *felt* possible but something my brain didn't dare to believe. But Bitcoin really did become that idea. It's one of those rare, once in a generation type of things where the good guys win, the good idea wins. What happened 15 years ago with Bitcoin is the kind of stuff for history books. The journey it has taken from a pdf to where it is today is one of the most insane things to ever have occurred in our lives. That's what people are talking about when they say they "love bitcoin". Of course no one "loves" "bitcoin". What people love is the idea that a good underdog idea can win, and that those in power are forced to listen. People love the goodness of mankind that drive folks to work on conceiving ideas like these. People love the madness and bravery involved among those who dared to bet on this. How satisfying isn't it then that all of this happened to someone who also honored their idea so greatly. Satoshi never spent a penny of their own invention, and never once tried to claim credit for it under their real name. They honored it by keeping their identity hidden, even after their invention had become worth billions, trillions. Fuck yea, it is the kind of thing worthy of poems and songs. Bitcoin is that one time it went right. It doesn't happen that often. Happy birthday Bitcoin.