Gen-A

$ touch art

@benjamincowen How are the ITC stakepools doing?

What would a strategic shitcoin reserve be used for? To sell them to lower prices in case there is a future national shortage of shitcoins?

@AsILayHodling @Rob1Ham Why? Bitcoin doesn't care who owns it

@Rob1Ham Yes, and I'm not making a moral judgement, just stating what I think is an objective observation that concentration within these institutions could pose risks to our ability to meaningfully upgrade Bitcoin in the future. x.com/AsILayHodling/…

IDK who needs to hear this, but Microstrategy owning 2% of the bitcoin supply is not a good thing.

@kasemax @AkeelAhamed7777 @doctortarantism @SkanderSlander @thomas_fahrer Put very crudely: if blocks are coming in fast, the system makes it harder. If they're coming in slow, it makes it easier.

@AkeelAhamed7777 @doctortarantism @SkanderSlander @thomas_fahrer But the computers power remains unknown to the systen, how can there me adjustment to it

Buy #Bitcoin while the Billionaires still don't understand the difficulty adjustment

@YoeriGeutskens @lheal @jmhorp Sorry to spam your reply, but it's interesting: when was the FT article, do you remember? Because apparently it was the Wilson government (1970s) that made the switch to the 'American billion' official in govt docs. It's been a settled matter for over 50 years, really

@generacio_a @lheal @jmhorp Thanks - good to know. I remember reading about it quite a while ago. I recall it was a paper like the FT calling for conforming to the American norm. English is not my mother tongue but I'm aware of the ambiguity here because in Dutch and French, "billion" still means 10^12.

He could give each American $1 million and still have money left over

@YoeriGeutskens @lheal @jmhorp ...since many Spanish speakers in the USA are likely to interpret it as 10^9 due to the influence of English.

@YoeriGeutskens @lheal @jmhorp Yeah, German also has 'Milliarde' for 10^9, as you'd expect. Spanish, interestingly does have 'millardo', but it's only relatively recently that it was accepted, and I would say it's more common to say 'mil millones'. 'Billón' in Spanish should be 10^12, but probably best avoided

@YoeriGeutskens @lheal @jmhorp The so-called "long-scale billion" has not been in widespread use in Britain since the mid-20th century. The 10^9 billion has been standard since before my parents were born. Anyone still using it probably also believes in phrenology and calls Thailand 'Siam'

@lheal @jmhorp The correct answer. Most people (possibly including a lot of Brits) don't realise that in British English, a billion means (or at least used to mean) 1,000,000,000,000 – a million × a million i.e. 10^12.

@jmhorp Oh, and it's completely wrong anyway. There are 330 million people in the US!

@jmhorp No he couldn't. If he started to liquidate his stock holdings the prices would crash. Before he got 5% through his giveaway, his wealth would be down 50%

@PeterSchiff Good for engagement though, isn't it @PeterSchiff?

It's ironic that #Bitcoin only hit $100k by buying off politicians and getting in bed with government. Without expected government intervention, this milestone never would have been hit. What couldn't be done in a free market was achieved through the cohesive power of the state.

@PeterSchiff It doesn't matter. You got your engagement, which is what fuels your existence

I wonder how many of the over 5K people who liked this post did so because they actually liked the idea, or because they appreciated the sarcasm and had a good laugh.

I'm finally coming around. #Bitcoin fixes Social Security. I've got the plan: The Social Security Trust Fund now owns about $2.7 trillion in Treasuries. It should sell all of those Treasuries and buy Bitcoin. This buying will surely send Bitcoin to the moon, especially since a new QE program will be required to buy all the Treasuries sold by the trust fund. Assuming the Social Security Trust Fund manages to buy 25% of all Bitcoin, and that by the time it buys its last satoshi, Bitcoin is at $20 million, the Social Security Trust Fund will be worth over $100 trillion. The unfunded liability of Social Security is now estimated at just $23 trillion over the next 75 years. The Trust Fund will have such a large surplus that there will be no more talk of tax increases or raising the retirement age. Everyone wins. The Trust Fund could then use all the Social Security payroll taxes it collects to buy more Bitcoin, supporting the price of Bitcoin and maintaining the value of its only asset. There’s just one small wrinkle. With all Social Security tax revenue being used to buy Bitcoin, how will the government pay its benefits? It's not like the Trust Fund could sell Bitcoin to cover those payments, as it would crash the market. So, like all true Bitcoiners, it must HODL. Fortunately, there is a workable solution. The government declares Bitcoin a reserve asset, then deposits its Bitcoin as collateral at the Federal Reserve, which provides the cash needed to pay Social Security benefits. This arrangement is better for the government than the Fed holding Treasuries, as it doesn’t have to pay interest on Bitcoin, nor is there principal to repay. The Fed can simply HODL Bitcoin on its balance sheet indefinitely—the ultimate diamond hands. After Bitcoin fixes Social Security, the government can move on to fixing everything else with Bitcoin. It's too bad it took Satoshi so long to come up with this cure-all.

@PeterSchiff This is a childish, straw-manning, bad-faith argument that really just makes it look like the bitcoiners have got you against the ropes, Peter. The irony is that if your social security fund had been allocating to bitcoin over the last 10 years, it would be much healthier

@namenumbers6 @Komaniecki_R If you can, then why not do it every 10 seconds and you've dropped another octave?

@Komaniecki_R Couldn’t you technically just click your vocal cords once every 5-ish seconds?

The Guinness record holder for "lowest voice" claims to be able to sing a G-7 (0.189Hz). Here's the problem with that: It's nonsense. "Singing" a G-7 would mean having your vocal folds click once every 5-ish seconds. Total bullshit record.

@Komaniecki_R Accepting the premise that a single click of the vocal folds at regular intervals is (1) doable and (2) counts as singing — even when orders of magnitude below the pitch threshold of hearing — anyone who can master this skill can "sing" arbitrarily low notes

@benjamincowen Who cares? I really don't see why you would waste your energy or increase your blood pressure over these people. Just do you

Imagine telling people when ADA was 4,000 sats that it would go to 400 sats. Then it goes to 470 sats and they say you are wrong. This is how this guys mind works. Also the same guy was calling for a breakout when it was 1400 sats. This is exactly what I meant - there is no winning with these guys. They can be wrong for years, but if my prediction is not true down to a single satoshi, they would put out these types of garbage takes to their followers.

@Vulture_CRF @williamsundead @InternetH0F Since they're expensive, and you never know if or when you'll need one, it would be great if there was a way to spread the cost among all of us, rather than having to pay a lot of money per trip and worry about the cost in an emergency situation

@williamsundead @InternetH0F Every ambulance ride is paid. The diference in the US is that only those who use have to pay.

@NonRev22 @michaeljswalker But those people also didn't vote for Trump

In terms of my moral assessment of Harris this was not a minor point. In terms of explaining why she lost it absolutely is.

Cognition Mandate 1/1 - 70 tezos for @fakewhale_xyz Art Market day

@schuld_eth @cervidswag I cannot express how much I hate these videos

@Rainmaker1973 These are city cops that are doing this? Where I live they (1) send the fine to you by post; (2) leave a notification on your windscreen; (3) only tow your car away if it's really creating an obstruction, not just parked illegally. Why would the city immobilise vehicles in situ?

The NYPD is using “Barnacles” to combat illegal parking. They are commercial-grade suction cups that latch onto the glass with 1,000 pounds of force, making forcible removal next to impossible.