You know it is actually impossible for Bitcoin to move to PoS. Think about it. It’s not possible.

Son, “Dad why do I have to do long division in my head and using scratch paper when every phone has a calculator?” Me “Because of The Fed Son.” Son “I hate The Fed Dad.” Me “Me too Son”

Peak fourth turning. What year?

It occurs to me that CBDCs destroy the last useful function of fiat. It’s physical nature. Which in turn would reduce fiat to completely functionless. A tool with no use case. I understand that authoritarians find this physical destruction desirable. That makes it’s destruction of their power all the more poetic. Destroyed by their own lust for power. But from an engineering perspective you have a tool that used to do many things. But now only has 1 useful function because of a competitor (Bitcoin). So you decide to make a shitter version of the competitor’s product and remove the 1 functional thing your product does. What’s the natural conclusion of making a shitter version of something else? People want the other thing, not your shitty copy.

GM This is your friendly reminder to stack. Love you guys.

I got an upgrade. Now I HFSS more effectively.

GM This is your friendly reminder to stack. Love you guys.

Guys I’m in the California Bay Area. It’s snowing. I don’t know what to do. Am I going to be ok? Can you guys fire up some more hash, we need heat things up?

Digital scarcity can only happen once. Everything after that is just a copy.

After some contemplation. I used to feel sorry for people who sought yield on their Bitcoin. Now I think I may actually despise them. I’m aware that they have no idea what they are doing. But not your keys not your Bitcoin isn’t just a personal best practice, it’s how Bitcoin functions. The commingling of fiat practices into Bitcoin’s value is an attack. If you’re not holding you’re own keys you are complicit. I don’t view myself as a toxic maximalist but I do understand.