“No country can stop inflation. The companies can’t outgrow inflation. Workers can’t outwork inflation. Few are going to beat the market by skill or luck. But everybody can buy #Bitcoin.”
-Saylor
#Bitcoin
Jerome Powell: "Well inflation is coming down. The price level is not coming down, so people are still living with high prices and that is something that people don't like."
Question: Is accessing #Bitcoin via a traditional investment vehicle, like an ETF, contrary to the ethos of bitcoin?
ChatBTC Answer: “Buying a Bitcoin ETF is comparable to getting exposure to the idea of digital communication by having email printouts delivered to your mailbox. You're exposed to the concept but miss out on the practical utility and advantages of the actual technology.
Based.
Asking ChatBTC how long it will take to brute force a bitcoin public/private key pair:
https://chat.bitcoinsearch.xyz/
“The security of Bitcoin's cryptographic system relies on the difficulty of reversing the process that generates a public key from a private key. The most efficient algorithm for trying to reverse-engineer a Bitcoin private key from its public counterpart, Pollard's rho algorithm, would still require an astronomical number of operations (2^128), which is not feasible with current or foreseeable technology.
To give you an idea of the time scale we're talking about, even if we use the best known algorithm like Pollard's rho, it would take around 300 trillion times the age of the universe to find a private key given a public key using a modern desktop CPU. Brute-forcing, which involves testing each possible key, would be vastly less efficient, being 600 trillion trillion trillion times slower than Pollard's rho.
The numbers involved here are so large that they are beyond human comprehension; there are 2^256 possible private keys, and attempting to check them all sequentially is a task that simply can't be done with any existing or envisioned technology. It is this computational impracticality that underpins the security of the Bitcoin system. Therefore, it is safe to say that with the current state of technology, brute-forcing a Bitcoin public/private key pair is not a viable endeavor.”
#Bitcoin
#Bitcoin
There is a point in your BTC journey where, on a walk one day, you notice the cheap fencing material your HOA purchased and grumble to yourself, “…fucking fiat fence…”.
I’m a big fan of yours and feel that you will be fair wherever you land, but my suggestions would be…
First, any sincere analysis must start with the acknowledgement that Gaza is run by a terrorist organization whose mission statement is to “obliterate” Israel. This isn’t disputed. Second, the following geographic reality should be factored in:
https://i.postimg.cc/vHQFgkRn/IMG-3611.jpg
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Notes by fatStacksOfSats | export