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Can we craft a complete collection of resources that make up the best information pathway to master Bitcoin?
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Why we need censorship resistance for freedom of speech
BTC now (finally) at 50% retracement from March '20 lows
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Hi, is a Tesla M40 card profitable in 2024? I'm considering replacing the K10 in my server,[Tesla K10, similar to 2x GTX 780) 2X Intel(R) Xeon(R) CPU E5-2650 0 @ 2.00GHz 12X HMT31GR7BFR4A-H9 8GB DIMM DDR3 1333MT/s MemTotal:Β Β Β Β Β Β 98894328 kB ( 98 GB) MemFree:Β Β Β Β Β Β Β 77341924 kB MemAvailable:Β Β 81958844 kB AΒ kWh is 0.106 euro. M40 card specs: https://www.techpowerup.com/gpu-specs/tesla-m40.c2771
Would like to add that compared to any other investment type: stocks, mutual funds, ETFs, options (if you really like to gamble AND donβt get addicted) Bitcoin has outperformed everything by a truly huge stupendous amountβ¦AND Bitcoin IS volatile so when it dips, and it absolutely will, if you can put more $ in, do that but do NOT sell. Iβve owned stocks and ETFs in many different companies and sectors and stocks can collapse all the way to zero when that company fails which happens fairly often actually, do not listen to all the drivel about Bitcoin being too risky or worthless or going to fail to zero because LOTS of that happened in 2008-2009 with βrealβ stocks that wiped out millions of people β avoiding that is actually & exactly why Bitcoin was created just after the GR. Bitcoin has never gone to zero despite entire nations and governments trying to kill it, and I truly think it wonβt ever go to zero. Please keep a 5 year time span to hold your Bitcoin, that used to be the definition of short term investing but with Bitcoin 5 years feels like forever. Just enjoy the spectacle of a truly amazing asset that has made everything else from before the GR seem like the Stone Age.
It's a old server that has: 2x GK104GL [Tesla K10, similar to 2x GTX 780) 2X Intel(R) Xeon(R) CPU E5-2650 0 @ 2.00GHz 12X HMT31GR7BFR4A-H9 8GB DIMM DDR3 1333MT/s MemTotal: 98894328 kB ( 98 GB) MemFree: 77341924 kB MemAvailable: 81958844 kB A kWh is 0.106 euro. Maximum wattage for the two cards is 234 W combined according to nvidia-smi.
I think it is this: https://www.reddit.com/r/Bitcoin/s/28GR199hIT
Diminishing return rate of high/low gain ratios between the last 2 cycles was about 20%. So in theory, using your numbers: GR1: 17,162/179 = 96 GR2: 67,500/3,237 = 21 Diminishing Return Rate: 21/96=0.22 Projected GR3: 0.22\*21 = 4.6 New Peak: 4.6\*15,780 = $72,588 If we also consider Nov 2011 $2.10 as a low (instead of July 2010 $0.05), then the 20% diminished rate also works for that one too. No solid reason for it to happen again this time, other than it has in the past. As you said, not much data. Just food for thought.
i set up my node following this guide on youtube and the fourth video went over setting up bitcoin core over tor, highly recommend watching https://youtube.com/playlist?list=PLCRbH-IWlcW2A_kpx2XwAMgT0rcZEZ2Cg&si=gM8dNtfygjLb8GR0
Critics: > Bitcoin offers no social benefit beyond speculation Bitcoin offers little social benefit to the spoiled westerners in first-world countries. It is absolutely a lifeline for people in oppressive regimes, unbanked third-world countries, etc. The western media typically under-reports this and we are understandably blind to some of these problems (e.g seeΒ [this panel](https://youtu.be/hrRy05w2rNc?t=4251)Β from the Oslo Freedom Forum) For example, bitcoins have been used as a medium of exchange byΒ [girls in Afghanistan](https://www.reuters.com/article/crypto-currency-afghanistan/feature-salaries-to-remittances-afghans-embrace-crypto-amid-financial-chaos-idUSL8N2QU39A), byΒ [Russian political opposition when their bank accounts get frozen](https://www.reuters.com/article/us-russia-politics-navalny-crypto-curren/bitcoin-donations-surge-to-jailed-kremlin-critic-navalnys-cause-data-idUSKBN2AB2GR), byΒ [Nigerian merchants and protesters](https://www.theguardian.com/technology/2021/jul/31/out-of-control-and-rising-why-bitcoin-has-nigerias-government-in-a-panic), byΒ [people getting capital out of China](https://www.cnbc.com/2020/08/21/china-users-move-50-billion-of-cryptocurrency-out-of-country-hinting-at-capital-flight.html), byΒ [people getting their money out of Venezuela, Iran, Palestine, and elsewhere](https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoins-international-impact-w-alex-gladstein/), byΒ [under-banked people in El Salvador](https://medium.com/ziglumoney/how-bitcoin-could-bank-the-unbanked-of-el-salvador-917c3588857c), and more. Itβs also used in developed markets for some natively-online services,Β [such as Substack](https://www.prnewswire.com/news-releases/substack-is-now-accepting-bitcoin-payments-on-the-lightning-network-powered-by-bitcoin-payment-processor-opennode-301360039.html)Β orΒ [buying VPNs](https://www.vpnmentor.com/blog/best-vpns-buy-bitcoin-crypto/), and many others. This is why [Bitcoiners are revolutionaries](https://www.2minutebitcoin.org/blog/bitcon-a-most-peaceful-revolution).
Remember kids the NWO or the GR are not our agendas! They will first buyout all residential property then raise inflation some more then rent our very own apartments back to us as crypto continues to go sideways till January 24, then the bull run begins
What kind of issues? The age of the universe stuff? Nothing that has called into questions our best existing theories (QM and GR)
Ok I scrolled through some of the Climate Solutions projects, there certainly are some interesting ones like **Solar Dao** >We are building Earth - First digital currency to be backed purely by climate solutions **Fightersgan** >Fightersgan is a 1/1 PFP collection that started in early 2022 when the founders looked for an alternative and more effective way to continue their fight against climate change and help Endangered animal species I personally think the above examples don't need to be accessible globally, let alone locally. But ok, let's be charitable and assume there's a project that claims to be building some tech that is actually effective as a climate solution like a new carbon capture device or maybe a more efficient energy storage device or something. My question is how do I know if any of these projects are legit and not just vaporware? How do I know they are actually going to do what they claim they will. I have to trust the project, or the entity that allowed it to be listed there (Gitcoin?) I understand how the funding mechanisms and allocation of funds will be more transparent and verifiable using this decentralized system but what good is it if the project you're funding turns out to be a scam or vaporware? Apparently this system relies "on the wisdom of crowds" but crowds aren't always known to be rational or even wise. It seems like even with with this decentralized system, there needs to be an element of trust somewhere down the line. >I get that you have an emotional need to be validated in your belief that all of crypto is useless, but surely you can see that a strawman this clumsily thrown in is not a reasonable way to make your case. Not at all. If crypto was actually useful for the masses and not just this niche QF stuff. Let's say for the sake of argument there was an honest centralized and regulated entity that was overseeing the whole process. Are you saying there wouldn't be a similar outcome in terms of allocation of funds? Your argument is that it's better to "don't trust, verify" but I'm saying I'm fine with trust and that I (and most nocoiners) would be comfortable with a trusted and regulated system. I'm aware that there is corruption in world. One method of dealing with it is stricter regulation and better oversight and better democratic processes to enact favorable policies that benefit society. Will that be perfect? Ofc not. Crypto has it's own set of issues, problems and negative externalities that come with it. That's all. Let's be real. People don't buy this stuff because they want to do QF. They buy it because they want to GR (get rich). If there was something with this new tech where it was genuinely helping improving the world and the lives of people that wasn't just based on hype and narratives. I would support it 100%.
This is every company ever. It's an infinite game. Companies rise and eventually go bankrupt. It's an investable truth. One day reddit, Facebook, Google, Coke, GR, will all be bankrupt and out of business. Doge is eternal.
I'll take a Toyota GR Corolla, please.
> bmws historically have over complicated/unreliable/or unrepairable ignition systems Has the new Supra been unreliable? Next q. Would it have been any better of a car had it had the 2GR powertrain?
I'm a hot hatch fan. Owned a Vtec civic in 90s, a Fiesta St and Golf GTI. The GR Yaris may be a little to special for me to own without something I've invested in increasing in value.
Toyota GR Corolla is pretty sick, hottest hatch this year.
Toyota Yaris GR or the soon to be released Hyundai Ioniq 5N (gotta be the N version) would be my "Lambo" of choice.
For one, Germany has lower interest rates. Germany can borrow from external entities, and then reborrow it to higher interest countries like ES, IT, PT, GR, and reap the difference in rates for free.
How do you know that? He was responding to GR4H4MBO, who referred to debasement twice.
ahahaha, I am from Athens,GR bro, that's how we do it here. Balkan style.
I hodl some xrp and I'm well aware of that number. Always freaks me out. Anyway, I can afford to loose that investment, not that I want to. GR Yaris money would certainly brighten my day though.
GR Corolla > Lambo, in the long term.
I'd be happy with Yaris/Corolla GR money.
This is quality B8, GR8 B8 M8 would R8 8/8
I think some moon and two GR favourably best coin at this point of time
Here is a [Nitter link](https://nitter.net/bitcoinmagazine/status/1590367289848700928?s=46&t=3LJlm1GR3vVaIr45P6eujA) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
https://twitter.com/bitcoinmagazine/status/1590367289848700928?s=46&t=3LJlm1GR3vVaIr45P6eujA Looks like it was just a power play by CZ and if binance pulls out FTX is fked
Lobe the Yaris GR, on the shortlist for my next car.
Hahah. I canβt send an image but I can send a link. This was our $33,000 summer loyalty program. I did try and message you privately but blocked from sending a image. At the bottom of this tweet, you can watch a video about the program we put in place for holders during the bear market. https://twitter.com/rematictokens/status/1518320799605833729?s=46&t=iygvQ3WwM7NsJ28GR1k37A
Here is a [Nitter link](https://nitter.net/rematictokens/status/1518320799605833729?s=46&t=iygvQ3WwM7NsJ28GR1k37A) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I'm talking about things I would actually use... everything I listed is stuff I have a reason to interact with, if not every day then at least fairly regularly, in the last couple of weeks. I voted on Snapshot yesterday and checked Lenser (a front end built on Lens) this morning, I used the Gitcoin passport to increase matching on my public goods donations in GR15 last week; I received the POAP for attending The Merge call a couple of weeks ago. How often do you use Georgian wwine supply tracking or whatever? I'm not saying that nothing is being built on Cardano, just nothing yet that would make me bother opening my wallet and migrating my keys or syncing the network to use it. What dApps do you actually use regularly on Cardano?
I had [#13 Raiza](https://lh3.googleusercontent.com/1defRg7GR2MnYAnS41gxA6Mni7xjacfHtte5iqVUZbK15JrtjIdKloLSmv-ozfaNnAsTvGx2x65LuK-cj4PM7sZVJKN0RSwsmbX0kg=w600) - On one hand, kinda wish I listed it at a higher price... on the other hand, its made me learn a bit about metamask in the process. swapping WETH to Matic and sending that to my own wallet.
Really? I'm American, I've heard it called the GFC mostly. Sometimes "2008 collapse" or "2008 financial crisis". Never "Great Recession" - it sounds too similar to the Great Depression. Full disclosure, I do not live in America, though I was in the banking industry from 2008-2020 and worked alongside all nationalities, and no Americans used the term GR. Perhaps "Great Recession" is specific to America? (also I'm just now realizing thanks to this thread that another term I've heard used - "Lehman Shock" - **is** region-specific, to Japan in my case)
There are Greek and Cypriot huge gas reserves in the Eastern Mediterranean for the EU to tale advantage of, for at least 30 years. The point is the stupid German government, now that it's privileged industry lost the russian resources, to be tolerant and not racist lile usually and allow south Europe to prosper. But they are jealous. With an average of 8-9 months of sun, mild climate not harsh winters and huge oil/gas reserves for export plus infrastructure for solar and wind power something tellls me the minimum wage in GR and CY will reach 3000β¬/month the next decade.
Thx GR; I understand how collateral works, but did not know people were leveraging the value of NFTs as collateral. I just did some research on fine art as collateral, and found this is common practice @ 30-80% of the value of the piece. Curious if NFTs are getting the same treatment. Leveraging NFTs as part of a bet seems stupidly risky
You should read Kim Stanley Robinson's book: Ministry for the Future. It's a near future sci-fi based on humanity's fight against climate change, and in it one of the main tools that helps us is a crypto called 'Carbon Coin', that works similarly to how you describe. There's a also a few real life projects like Toucan and Moss that revolve around bringing carbon offsets onchain, and Klima which lets you mint their coin by bonding those carbon offsets into their black hole to lock them away. In the latest GitCoin (a public goods funding platform in the Ethereum ecosystem) round (GR14) some of the projects which received the most donations and quadratic matching were climate related, so there's clearly a lot of interest in this kind of thing from the community.
[Just one article but it sums it up nicely](https://finance.yahoo.com/news/white-house-moves-back-legislative-130045517.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLm5sLw&guce_referrer_sig=AQAAAMWu4RDW2Duj2qdS3aN2UI8prp9qBlfzmavzE5zBWDqlezK9wb3ja1kUWqiqez4GR3OJIoM4phk5myAAgm0H3Ehw-jH_qy8MKZjWiYmtEp4GvFd-SetdCmbAw_Ym5wcKjFveuXvmHwHK35DIKGR4_cNvcaZSr6WEuQllLyj1-lL7) Proof of stake is being attacked by legislators because it is better for the environment. "Huh, that doesn't make sense?" The theories are that the fear-mongering about the energy consumption of PoW blockchains is such a great argument against crypto that they'd rather heavily tax (and eventually ban) PoS networks first so that only PoW survives. Since PoS is newer and has less institutional investors it's likely that they will also receive less opposition if they go after it first. And once PoW is the only one standing in an economy that's going through a recession with high gas and energy prices they'll just pull the same old "all crypto uses more energy than such and so country" arguments
> FED is not elected Correct. They are appointed by president+senate and can be impeached by congress. Like any other federal official. It works like SCOTUS, with difference that their term is for 14 years, not for life. --- > it is privately owned Nope. FED is owned by federal government and federal government can abolish it without problems. It has higher degree of autonomy than other insitutions, but it is still government thing Also, all their surplus is transfered to US treasury. --- > it is the same banking families behind Because they are **FORCED** to join it. Imagine you want to start new bank. Here are following things you must do with FED: + you must invest money into FED stocks. These stocks have 0 voting power and cannot be sold. You get some small dividens, which can be changed by FED if they want + you must give part of you reserves to FED + FED can completly fuck you using these reserves and rates they set FED isn't in chain of comercial banks. Comercial Banks are in chains of FED. --- > Although bitcoin is also very dependent on large mining companies, mining technology involves and does not make a closed circle like FED, any new company has chance to become a mining giant through competition So in short, it is oligarchy that is accountable to nobody. And only way to join them is being rich enough to buy and operate machinery for profit. This is your dream system? Oligarchy? --- > So to hedge such political risk, other coins like ETH have risen ALL coins have this problem. Coins using PoW are mining oligarchies. Coins using PoS are literall plutocracies where richest have most power and can use the fact they are rich to get even richer. Also, replacing whole system because something doesn't work doesn't sound really effective. --- > Each coin costs energy to produce, it is honest work. And? Imagine that i burn furniture - i will get ash. Now, by your logic, this ash is more valuable than furniture. Why? Because it contains **energy needed to manufacture furniture** + **energy needed to burn it** Just because something cost resources to perform doesn't mean it is automaticaly valuable --- > While fiat money is a complicated scam scheme, created by utilizing some strange psychological behavior of human This is such anti-scientific statement. Literally "i don't understand it, it must be bullshit". Just because something it counter-intuitive doesn't mean it isn't true. Einsein's general relativity is weird and counter-intuitive. Newton theories in toher hand are intuitive. And yet, GR is better than Newton. Also, that system isn't that hard to understant. It works like this + market works based on supply and demand + money is also controled by supply and demand + people demanding more money will lend it + so why we don't insert creation into lending? If there is demand for money, then that means market wants more money It is simplified, but this is how it works. --- > Just look at this example: I have one ounce of gold, I issue 1800 dollars bill backed by this ounce of gold, then use those 1800 dollars to purchase another ounce of gold, then use the new gold to issue another 1800 dollars bill... Repeat the process and I would quickly buy large amount of gold in circulation, while all my issued bills are 100% backed by gold. Most of the people trust those bills, since they are 100% backed by gold. But that does not change the fact that I started with almost nothing and now I have a huge balance sheet and start to have ability to affect money supply and economy I don't know what is your point, but this is really interesting. Why? Because this is how cryptospace operates for last 2 years, thanks to tether Tether treasury creates new tokens and uses them to buy bitcoins. Then they sell bitcoins, getting dolars in process. If tether collapse, there will be a lot of destroyed dreams.
> FED is not elected Correct. They are appointed by president+senate and can be impeached by congress. Like any other federal official. It works like SCOTUS, with difference that their term is for 14 years, not for life. --- > it is privately owned Nope. FED is owned by federal government and federal government can abolish it without problems. It has higher degree of autonomy than other insitutions, but it is still government thing Also, all their surplus is transfered to US treasury. --- > it is the same banking families behind Because they are **FORCED** to join it. Imagine you want to start new bank. Here are following things you must do with FED: + you must invest money into FED stocks. These stocks have 0 voting power and cannot be sold. You get some small dividens, which can be changed by FED if they want + you must give part of you reserves to FED + FED can completly fuck you using these reserves and rates they set FED isn't in chain of comercial banks. Comercial Banks are in chains of FED. --- > Although bitcoin is also very dependent on large mining companies, mining technology involves and does not make a closed circle like FED, any new company has chance to become a mining giant through competition So in short, it is oligarchy that is accountable to nobody. And only way to join them is being rich enough to buy and operate machinery for profit. This is your dream system? Oligarchy? --- > So to hedge such political risk, other coins like ETH have risen ALL coins have this problem. Coins using PoW are mining oligarchies. Coins using PoS are literall plutocracies where richest have most power and can use the fact they are rich to get even richer. Also, replacing whole system because something doesn't work doesn't sound really effective. --- > Each coin costs energy to produce, it is honest work. And? Imagine that i burn furniture - i will get ash. Now, by your logic, this ash is more valuable than furniture. Why? Because it contains **energy needed to manufacture furniture** + **energy needed to burn it** Just because something cost resources to perform doesn't mean it is automaticaly valuable --- > While fiat money is a complicated scam scheme, created by utilizing some strange psychological behavior of human This is such anti-scientific statement. Literally "i don't understand it, it must be bullshit". Just because something it counter-intuitive doesn't mean it isn't true. Einsein's general relativity is weird and counter-intuitive. Newton theories in toher hand are intuitive. And yet, GR is better than Newton. Also, that system isn't that hard to understant. It works like this + market works based on supply and demand + money is also controled by supply and demand + people demanding more money will lend it + so why we don't insert creation into lending? If there is demand for money, then that means market wants more money It is simplified, but this is how it works. --- > Just look at this example: I have one ounce of gold, I issue 1800 dollars bill backed by this ounce of gold, then use those 1800 dollars to purchase another ounce of gold, then use the new gold to issue another 1800 dollars bill... Repeat the process and I would quickly buy large amount of gold in circulation, while all my issued bills are 100% backed by gold. Most of the people trust those bills, since they are 100% backed by gold. But that does not change the fact that I started with almost nothing and now I have a huge balance sheet and start to have ability to affect money supply and economy I don't know what is your point, but this is really interesting. Why? Because this is how cryptospace operates for last 2 years, thanks to tether Tether treasury creates new tokens and uses them to buy bitcoins. Then they sell bitcoins, getting dolars in process. If tether collapse, there will be a lot of destroyed dreams.
> FED is not elected Correct. They are appointed by president+senate and can be impeached by congress. Like any other federal official. It works like SCOTUS, with difference that their term is for 14 years, not for life. --- > it is privately owned Nope. FED is owned by federal government and federal government can abolish it without problems. It has higher degree of autonomy than other insitutions, but it is still government thing Also, all their surplus is transfered to US treasury. --- > it is the same banking families behind Because they are **FORCED** to join it. Imagine you want to start new bank. Here are following things you must do with FED: + you must invest money into FED stocks. These stocks have 0 voting power and cannot be sold. You get some small dividens, which can be changed by FED if they want + you must give part of you reserves to FED + FED can completly fuck you using these reserves and rates they set FED isn't in chain of comercial banks. Comercial Banks are in chains of FED. --- > Although bitcoin is also very dependent on large mining companies, mining technology involves and does not make a closed circle like FED, any new company has chance to become a mining giant through competition So in short, it is oligarchy that is accountable to nobody. And only way to join them is being rich enough to buy and operate machinery for profit. This is your dream system? Oligarchy? --- > So to hedge such political risk, other coins like ETH have risen ALL coins have this problem. Coins using PoW are mining oligarchies. Coins using PoS are literall plutocracies where richest have most power and can use the fact they are rich to get even richer. Also, replacing whole system because something doesn't work doesn't sound really effective. --- > Each coin costs energy to produce, it is honest work. And? Imagine that i burn furniture - i will get ash. Now, by your logic, this ash is more valuable than furniture. Why? Because it contains **energy needed to manufacture furniture** + **energy needed to burn it** Just because something cost resources to perform doesn't mean it is automaticaly valuable --- > While fiat money is a complicated scam scheme, created by utilizing some strange psychological behavior of human This is such anti-scientific statement. Literally "i don't understand it, it must be bullshit". Just because something it counter-intuitive doesn't mean it isn't true. Einsein's general relativity is weird and counter-intuitive. Newton theories in toher hand are intuitive. And yet, GR is better than Newton. Also, that system isn't that hard to understant. It works like this + market works based on supply and demand + money is also controled by supply and demand + people demanding more money will lend it + so why we don't insert creation into lending? If there is demand for money, then that means market wants more money It is simplified, but this is how it works.
> FED is not elected Correct. They are appointed by president+senate and can be impeached by congress. Like any other federal official. It works like SCOTUS, with difference that their term is for 14 years, not for life. --- > it is privately owned Nope. FED is owned by federal government and federal government can abolish it without problems. It has higher degree of autonomy than other insitutions, but it is still government thing Also, all their surplus is transfered to US treasury. --- > it is the same banking families behind Because they are **FORCED** to join it. Imagine you want to start new bank. Here are following things you must do with FED: + you must invest money into FED stocks. These stocks have 0 voting power and cannot be sold. You get some small dividens, which can be changed by FED if they want + you must give part of you reserves to FED + FED can completly fuck you using these reserves and rates they set FED isn't in chain of comercial banks. Comercial Banks are in chains of FED. --- > Although bitcoin is also very dependent on large mining companies, mining technology involves and does not make a closed circle like FED, any new company has chance to become a mining giant through competition So in short, it is oligarchy that is accountable to nobody. And only way to join them is being rich enough to buy and operate machinery for profit. This is your dream system? Oligarchy? --- > So to hedge such political risk, other coins like ETH have risen ALL coins have this problem. Coins using PoW are mining oligarchies. Coins using PoS are literall plutocracies where richest have most power and can use the fact they are rich to get even richer. Also, replacing whole system because something doesn't work doesn't sound really effective. --- > Each coin costs energy to produce, it is honest work. And? Imagine that i burn furniture - i will get ash. Now, by your logic, this ash is more valuable than furniture. Why? Because it contains **energy needed to manufacture furniture** + **energy needed to burn it** Just because something cost resources to perform doesn't mean it is automaticaly valuable --- > While fiat money is a complicated scam scheme, created by utilizing some strange psychological behavior of human This is such anti-scientific statement. Literally "i don't understand it, it must be bullshit". Just because something it counter-intuitive doesn't mean it isn't true. Einsein's general relativity is weird and counter-intuitive. Newton theories in toher hand are intuitive. And yet, GR is better than Newton. Also, that system isn't that hard to understant. It works like this + market works based on supply and demand + money is also controled by supply and demand + people demanding more money will lend it + so why we don't insert creation into lending? If there is demand for money, then that means market wants more money It is simplified, but this is how it works. --- > Just look at this example: I have one ounce of gold, I issue 1800 dollars bill backed by this ounce of gold, then use those 1800 dollars to purchase another ounce of gold, then use the new gold to issue another 1800 dollars bill... Repeat the process and I would quickly buy large amount of gold in circulation, while all my issued bills are 100% backed by gold. Most of the people trust those bills, since they are 100% backed by gold. But that does not change the fact that I started with almost nothing and now I have a huge balance sheet and start to have ability to affect money supply and economy I don't know what is your point, but this is really interesting. Why? Because this is how cryptospace operates for last 2 years, thanks to tether Tether treasury creates new tokens and uses them to buy bitcoins. Then they sell bitcoins, getting dolars in process. If tether collapse, there will be a lot of destroyed dreams.
> FED is not elected Correct. They are appointed by president+senate and can be impeached by congress. Like any other federal official. It works like SCOTUS, with difference that their term is for 14 years, not for life. --- > it is privately owned Nope. FED is owned by federal government and federal government can abolish it without problems. It has higher degree of autonomy than other insitutions, but it is still government thing Also, all their surplus is transfered to US treasury. --- > it is the same banking families behind Because they are **FORCED** to join it. Imagine you want to start new bank. Here are following things you must do with FED: + you must invest money into FED stocks. These stocks have 0 voting power and cannot be sold. You get some small dividens, which can be changed by FED if they want + you must give part of you reserves to FED + FED can completly fuck you using these reserves and rates they set FED isn't in chain of comercial banks. Comercial Banks are in chains of FED. --- > Although bitcoin is also very dependent on large mining companies, mining technology involves and does not make a closed circle like FED, any new company has chance to become a mining giant through competition So in short, it is oligarchy that is accountable to nobody. And only way to join them is being rich enough to buy and operate machinery for profit. This is your dream system? Oligarchy? --- > So to hedge such political risk, other coins like ETH have risen ALL coins have this problem. Coins using PoW are mining oligarchies. Coins using PoS are literall plutocracies where richest have most power and can use the fact they are rich to get even richer. Also, replacing whole system because something doesn't work doesn't sound really effective. --- > Each coin costs energy to produce, it is honest work. And? Imagine that i burn furniture - i will get ash. Now, by your logic, this ash is more valuable than furniture. Why? Because it contains **energy needed to manufacture furniture** + **energy needed to burn it** Just because something cost resources to perform doesn't mean it is automaticaly valuable --- > While fiat money is a complicated scam scheme, created by utilizing some strange psychological behavior of human This is such anti-scientific statement. Literally "i don't understand it, it must be bullshit". Just because something it counter-intuitive doesn't mean it isn't true. Einsein's general relativity is weird and counter-intuitive. Newton theories in toher hand are intuitive. And yet, GR is better than Newton. Also, that system isn't that hard to understant. It works like this + market works based on supply and demand + money is also controled by supply and demand + people demanding more money will lend it + so why we don't insert creation into lending? If there is demand for money, then that means market wants more money It is simplified, but this is how it works. --- > Just look at this example: I have one ounce of gold, I issue 1800 dollars bill backed by this ounce of gold, then use those 1800 dollars to purchase another ounce of gold, then use the new gold to issue another 1800 dollars bill... Repeat the process and I would quickly buy large amount of gold in circulation, while all my issued bills are 100% backed by gold. Most of the people trust those bills, since they are 100% backed by gold. But that does not change the fact that I started with almost nothing and now I have a huge balance sheet and start to have ability to affect money supply and economy I don't know what is your point, but this is really interesting. Why? Because this is how cryptospace operates for last 2 years, thanks to tether Tether treasury creates new tokens and uses them to buy bitcoins. Then they sell bitcoins, getting dolars in process. If tether collapse, there will be a lot of destroyed dreams.
The 63/GR is George Russels logo. Is it his Lambo or is it just a fan?
I'd take up woodworking and then build fancy speakers using DIY kits from GR research. Great retirement side hustle and satisfying.
Read the new article: [https://www.reuters.com/article/coinbase-cyber/coinbase-says-hackers-stole-cryptocurrency-from-at-least-6000-customers-idUSKBN2GR47T](https://www.reuters.com/article/coinbase-cyber/coinbase-says-hackers-stole-cryptocurrency-from-at-least-6000-customers-idUSKBN2GR47T) ​ >Unauthorized third parties exploited **a flaw in the companyβs** SMS account recovery process to gain access to the accounts, and transfer funds to crypto wallets not associated with Coinbase, the company said.
From Reuters By law, Social Security cannot contribute to the federal deficit, because it is required to pay benefits only from its trust funds. Those, in turn, are funded through a dedicated payroll tax of 12.4 percent of income, split evenly between employees and employers, levied on income (this year) up to $128,400. The programβs revenue and expenses are accounted for through two federal trust funds that have operated with large and growing surpluses in recent years, and they finished fiscal 2018 with an estimated $2.89 trillion. By law, Social Security must invest these surplus funds only in special-issue U.S. Treasury notes, which have the same full faith and credit guarantee as any other federal bond. [https://www.reuters.com/article/us-column-miller-socialsecurity-idUSKCN1N64GR](https://www.reuters.com/article/us-column-miller-socialsecurity-idUSKCN1N64GR) ​ In fact you seem to be very very mislead by the situation: The US government Owes money to social security because Social security MUST buy US treasury bonds with it's surplus: Though U.S. government debt is perhaps the most widely held class of security in the world, 26.5% of the debt (about $5.83 trillion) is owed to another arm of the federal government itself as of the end of June. The single biggest creditor, in fact, is Social Security: The programβs retirement and disability trust funds together held more than $2.9 trillion in special non-traded Treasury securities, or 13.3% of the total debt. (Social Security revenues exceeded benefit payments for many years; the surplus was required by law to be invested in Treasuries.) Another big holder is the Federal Reserve system, which as of mid-July collectively held nearly $2.1 trillion worth of Treasuries, or 9.5% of the total debt. (The Fedβs holdings are included in the βdebt held by publicβ category.) [https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/](https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/) This is not the same as spending more than received. Now let's look at the cost of the war: ​ PAYING FOR A WAR ON CREDIT, NOT IN CASH: Amount President Harry Truman temporarily raised top tax rates to pay for Korean War: 92%. Amount President Lyndon Johnson temporarily raised top tax rates to pay for Vietnam War: 77%. Amount President George W. Bush cut tax rates for the wealthiest, rather than raise them, at outset of Afghanistan and Iraq wars: At least 8%. Estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020: $2 trillion. Estimated interest costs by 2050: Up to $6.5 trillion. THE WARS END. THE COSTS DONβT: Amount Bilmes estimates the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans: more than $2 trillion. Period those costs will peak: after 2048 [https://apnews.com/article/middle-east-business-afghanistan-43d8f53b35e80ec18c130cd683e1a38f](https://apnews.com/article/middle-east-business-afghanistan-43d8f53b35e80ec18c130cd683e1a38f) ​ TLDR: You are hugely mislead and maybe prone to listen to Republican talking points.
That was my goal anyway... 2021 Mazda MX-5 Miata RF (Retractable Hard Top) Grand Touring 6-speeed manual with Brembo/BBS Recaro Package. That or a new Toyota GR86
​  You can sell yours too :D
>GRΔ°N Risky bet ranked 803 you really should love this one :)
A)You don't own SM, I call bullshit. B) You sound like a nut. Safemoon squeeze would benefit you if you were a holder psycho. It is going to eliminate some of the supply. Do you not see? Your "21k" is going to go up and I will expect a thank you while I eat my ramen. GL, GRβ
Just looked at the charts after a 2 hour break. Thinking about ordering my Toyota GR86 now, looks like the money should be ready soon
5 Coins: ADA (30%), XTZ(20%), DOT (20%), GR (20%) IOTEX (10%). Check the prices now, distribute and invest your 30k, take out youy 50k after two months.
use a vpn , i change my location every day , USA , CA , UK ,FR , GR
Super hyped to put a nice down payment on the new GR 86 when it comes out. Thanks crypto!
I wish mk4βs didnβt go for more than the new GRβs
We all decided to just get a Toyota GR86 to attract less attention to ourselves
The car he is talking about is actually more Subaru and Toyota, but Iβm still bullish on the new GR86. The styling is spot on and itβs really one of the last affordable drivers cars in the market
What car do you guys think I should get when Moons go to $10, MX-5 RF or GR 86?
Hell, I just want the new GR 86 π€·ββοΈ
Only 10, hmmm.... A couple nice ones, one with manual and one with DSG, maybe a Cayman GT4 and a Nissan GTR. Gotta have a some classic JDM's too, so a RX7 FD, a Supra JZA80, a Sprinter Trueno, a EK9 Civic Type R and a CRX Si. Then a grocery getter lets say a Toyota GR Yaris, for moving stuff a Toyota HiAce and for winter a Subaru Outback.
Oooft il take a GR yaris I tell you that for free.
​ 
Also there is [discreet log contract](https://river.com/learn/terms/d/discreet-log-contract-dlc/). Learn more: [BTC018: Bitcoin Smart Contract w/ Discrete Log Contracts featuring Pierre Rochard & Ben Carman](https://www.youtube.com/watch?v=uX5u6gGeXss) [DLCs (Discreet Log Contracts) in the Wild #TechnicalTuesday Bitcoin Magazine](https://www.youtube.com/watch?v=GR9dURAhjek)
Eine BerΓΌhmte Person.... legt Geld, in was unbedeutendes an.... z.B. wuffi...... Schaut ,was passiert ...... klappt ohne Ende 'Belohnung'..... Dieser Mensch ,geht dann aufs ganze...... NUTS jeden... Kauft das GRΓΓTE und verdeckt seine Verluste im wahren Leben und bezahlt damit, auch seine TRΓUME.... perfekt WΓΌrde ich sagen, auch mein Weg. Wenn ich es kΓΆnnte.... Jetzt aber der groΓe Lacher, die Probe ist noch grΓΆΓer als der eigentliche 'Treibstoff der TrΓ€ume' geworden..... SchΓ€men oder annehmen.... ich wΓΌrde gerne Vater sein als gehasster stiefpap's
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View in your timezone: [May 15, 2021 15 UTC][0] [May 3, 2021 12 UTC][1] [May 5, 2021 15 UTC][2] [May 5, 2021 16 UTC][3] [0]: https://timee.io/20210515T1500?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [1]: https://timee.io/20210503T1200?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [2]: https://timee.io/20210505T1500?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [3]: https://timee.io/20210505T1600?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token
View in your timezone: [May 15, 2021 15 UTC][0] [May 3, 2021 12 UTC][1] [May 5, 2021 15 UTC][2] [May 5, 2021 16 UTC][3] [0]: https://timee.io/20210515T1500?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [1]: https://timee.io/20210503T1200?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [2]: https://timee.io/20210505T1500?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token [3]: https://timee.io/20210505T1600?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token
View in your timezone: [May 15, 2021 15 UTC][0] [0]: https://timee.io/20210515T1500?tl=%F0%9F%90%95%20Golden%20Retriever%20(%20%24GR)%20%7C%20Presale%20on%20May%2015%2C%202021%20(15%20UTC)%20%7C%20Hyper-deflationary%20token%20%7C%20%F0%9F%92%8E%F0%9F%92%8E
That's okay, I bought some silver coins at the ATH during the GR. I've averaged down since but I've considered selling physical to buy BTC.
Iβm sure you feel GR8 about yourself
​ 
https://www.tradingview.com/x/Gy0706GR/ This still could be in play
Used to love retros but they upped the price from 185CAD to 255CAD a few years back on their 30th anniversary cause apparently all GR's would be premium materials. ex; Lady Liberty 10's ​ Prices never reverted lol..
GR33N is definitely in the RED. lol. Down 75% in a day.
GR8FL pool here! This is perhaps one of the most basic trading scenarios that smart contracts will solve. It's a basic escrow contract. Traditionally when Party A wants to trade assets with Party B, a Party C is required to create an intermediary of trust. Party C holds both assets and makes the exchange when they are verified. Party C usually charges a fee for the work. Smart contracts replace Party C by verifying the conditions on chain for a much lower fee.
DLCs are nothing like smart contracts on Ethereum. [https://www.youtube.com/watch?v=pvNaxJiXT5E](https://www.youtube.com/watch?v=pvNaxJiXT5E) [https://www.youtube.com/watch?v=GR9dURAhjek](https://www.youtube.com/watch?v=GR9dURAhjek) These are just multi-sig implementations that communicate with an oracle. That's all they are. It's almost as if none of these Bitcoin developers have ever used MetaMask and used Uniswap/AAVE/etc where they have very complicated business logic using turing-complete languages, and think they're "smart contracts" lmao.
A Toyota Yaris GR would be cool. But tbh I'd prefer to pay off the place my wife and I bought 15 years ago.
Ι΄α΄α΄‘ α΄Κα΄ΚΙͺΙ΄Ι’: [Best Songs Of Peggy Lee - GR](https://www.youtube.com/watch?v=ieW1WDaXE7c) ββββββββββͺβββββ βββ [βΆ](https://www.youtube.com/watch?v=ieW1WDaXE7c)β βΊβΊβ 32:11 / 48:17 β ββββ π α΄΄α΄° βοΈ
yes I heard the same! 
​ 
archived article : ([why](https://www.reddit.com/r/Journalism/comments/m0n184/contribute_to_internet_journalism_by_archiving/?)?) https://archive.ph/d07GR
Premarketing of Mimblewimble extension to LTC,infact they are eyeing GRΔ°N for sure.