Shasta

@OkNotThisTime @fractalchelou @Rainmaker1973 “trust me bro”

@fractalchelou @derShasta @Rainmaker1973 Maybe. Scientists don't know. But I guarantee wood would not work.

@OkNotThisTime @Rainmaker1973 “trust me bro”

@derShasta @Rainmaker1973 Even lead has the tiniest amount of a ferrous nature. This example is magnetism, not gravity.

Small objects can show that gravity is real. The Cavendish experiment proved that even tiny masses pull on each other, showing gravity works everywhere, not just between planets.

@OkNotThisTime @Rainmaker1973 “trust me bro”

@Rainmaker1973 Do this with wood instead of lead. It won't work.

@Lin7Av @jameshohmann Oh woe for the people not able to pay the taxes on the multi-million dollar estate they just inherited. I guess they should cut out the avocado toast and private jets.

@jameshohmann You mean he’ll take all of it. Many families inheriting housing likely won’t be able to afford the 50% immediate death tax on its value so will have to sell it to pay the tax. (I’m not so sure this isn’t a way of NYC effectively seizing the property of those that do stay.)

Mamdani wants NY to cut its estate tax exemption threshold from $7.3 million to $750,000 while raising the top estate tax to 50% from 16%. That modest one-bedroom apartment you wanted to leave your family to help them get on the property ladder? The mayor will take half of it.

@MagaMikeboll64 @Daymare_X @MarkSerreze @FlatEarthZone lol. I just told you what the proof was and you just keep pretending you don’t see it.

@derShasta @Daymare_X @MarkSerreze @FlatEarthZone You BELIEVE clouds move all over WITHIN a spinning atmosphere, but you can't verify your belief. You BELIEVE that Chicago is a mirage (simply because we couldn't see that far on a ball earth), but you can't verify your belief. Your BELIEFS are based on nothing but faith. Cheers.

If the earth were spinning at incredible speeds, every plume of smoke and ash would show it. Instead, we see the same simple truth everywhere: smoke rises, clouds form, and the sky behaves exactly as you would expect in a motionless environment. Sometimes the most obvious evidence is right in front of us.

@eudaimoniawuwei @danheld @StevenTDennis It’s very clear. I said it’s not inflation proof. You argued that it was. Then eventually you gave up on saying inflation proof and changed it to inflation resistant.

@derShasta @danheld @StevenTDennis No it doesn’t my mother tongue is Dutch. I speak 4 other languages. Which one do you prefer so I can perhaps make it clearer in that language.

How can it be “inflation-proof” if it’s worth far less than it was last year?

@eudaimoniawuwei @danheld @StevenTDennis I notice you keep changing it from inflation proof to inflation resistant. That says all you need to know.

@derShasta @danheld @StevenTDennis Success in your alternative reality man. I’ve been able to buy a house with part of my not inflation proof BTC and will most likely (if the power law holds), be able to retire at least 10yrs early. BuT iT’s nOt iNflAtIoN ReSisTanT 🤡

@eudaimoniawuwei @danheld @StevenTDennis I said it wasn’t inflation proof. It’s clearly not.

@derShasta @danheld @StevenTDennis I’m just pointing out you’re wrong on saying it isn’t a protection against inflation cause it clearly has been. Bye now 👋

@Queefesnffr542 @BrianDonovtu4b @BGatesIsaPyscho @grok Nothing then

@derShasta @BrianDonovtu4b @BGatesIsaPyscho @grok The vacuum

It took NASA almost 10 years to get to Pluto which is around 4,000,000,000 Miles away - they just sent this footage back to Earth. Hey @grok how did NASA calculate this ‘Space’ Crafts trajectory over a 10 year period, compensating for both Earth and Pluto orbiting the Sun at around 16,000mph, in a universe which is expanding at 166,000mph - and still manage to align with the Plutos orbit after travelling 4 Bullion miles through the cold hard vacuum space? Is it possible this is just more NASA CGI?

@LiesMakeYouSick @BGatesIsaPyscho @grok The 3 body problem -- item #6487 on the list of scientific concepts flerfs think they understand but don’t.

@BGatesIsaPyscho @grok Grok can’t answer because it’s processing the 3 body problem to answer this question. Don’t basically in a never ending loop from hell. It knows this shit is fake af

@Queefesnffr542 @BrianDonovtu4b @BGatesIsaPyscho @grok lol What’s to slow it down?

@BrianDonovtu4b @BGatesIsaPyscho @grok You ever think about the fuel mileage on a 10 year trip of 4 billion miles. How did they calculate that?

@eudaimoniawuwei @danheld @StevenTDennis Just because it hasn’t done a thing doesn’t mean it can’t do a thing. You’re trying to pretend the possible is impossible, and that’s just delusional.

@derShasta @danheld @StevenTDennis Dude it’s literally inflation proof these last 16years. Hence disproving your point that it’s not. It’s been the best performing asset 12 out of those 16. Thus protecting the user/buyer from inflation. Tell me an asset that only rises in value and never goes down.

@eudaimoniawuwei @danheld @StevenTDennis No it’s not. The price of Bitcoin is not guaranteed to not decrease over time.

@derShasta @danheld @StevenTDennis It is CLEARLY inflation proof over time. Short term is irrelevant. You need to have at least a 4 yr timeframe. Then it outruns US inflation. 4yr rolling CAGR is 20%+. Now toddle along Fiat brain.👋

@eudaimoniawuwei @danheld @StevenTDennis It’s not inflation proof. Inflation proof means that it is impossible for prices to increase with respect to Bitcoin’s value, and that is CLEARLY NOT THE CASE.

@derShasta @danheld @StevenTDennis Everything is speculation. The power law just gives us a better understanding with a higher degree of certainty of where that future price will be. Back to your original statement:”It’s not inflation proof over time.” That was clearly wrong —> x.com/eudaimoniawuwe…

@eudaimoniawuwei @danheld @StevenTDennis A prediction on the future price of Bitcoin is nothing but pure speculation.

@derShasta @danheld @StevenTDennis It is idd not determined by mathematics. We can however leverage maths and physics to determine its likely path. That’s where the very relevant power law comes into play. More info here for those interested: youtu.be/vjwFusEnfiE?si… Cheers 🍻

@eudaimoniawuwei @danheld @StevenTDennis The price of Bitcoin is not determined by some mathematical law. It’s determined by the value that people place in it. That value is subject to human whims, not mathematics.

@derShasta @danheld @StevenTDennis You’re only showing you don’t understand the mathematical relevance of a power law. BTC has been growing according to it since inception. R square of 0.96 is extremely relevant too. Disregard at your own peril. It has served me well since I first bought in 2013. Inflation hedge

@eudaimoniawuwei @danheld @StevenTDennis lol, please A prediction on the future price of Bitcoin is nothing but pure speculation.

@derShasta @danheld @StevenTDennis Roflol you blind?

@eudaimoniawuwei @danheld @StevenTDennis It’s not inflation proof over time.

@derShasta @danheld @StevenTDennis Inflation proof over time obviously 🙄 Ignore short term movements Focus on the Long term and zoom out If your view is short term, invest in 3 month Treasuries and stay away from BTC.

@jtmooten @StevenTDennis @danheld There’s more to inflation than just the amount of supply. Less demand means Bitcoin has been devalued, and there is a corresponding increase in prices, ie inflation, as a result.

@StevenTDennis @danheld The Bitcoin supply can't be inflated in stark contrast to fiat money, that's why it's inflation proof. That's what it means.

@danheld @StevenTDennis You can’t explain it because he’s got a valid point. You’re relying on an extremely simplistic and useless meaning for inflation. The only real meaning for inflation for a currency not backed by a commodity is a general increase in prices, and Bitcoin is susceptible to that.

@StevenTDennis Sorry I can’t explain it to you anymore simply, nor can I help with your elderly brain elasticity. However, I’d recommend cracking open a basic economics or markets textbook.