As long as you can buy bitcoin it is still cheap. Once the #Bitcoin Standard is established the only way to acquire bitcoin will be by working for it.

Information overload: a threat to critical thinking In the age of information, we are constantly bombarded with data and news. This can be a good thing, as it helps us to stay up-to-date on current events. However, it can also be a bad thing, as it can lead to information overload. Information overload can make it difficult to think critically. When we are constantly bombarded with information, it can be hard to focus and to process what we are reading and hearing. This can lead to us making impulsive decisions or decisions that are not based on evidence. To combat information overload, it is important to be selective about the information we consume. We should also take time to reflect on the information we do consume. This will help us to make better decisions and to get more out of the information we are given.

One of the most important things we can do to prepare for challenges is to be mentally prepared. This means having a positive attitude and believing in ourselves. We must also be prepared to work hard and to persevere in the face of difficulty. #Sailing

Big thanks to all the #Bitcoin investors who sell low. You're helping to make the world a more equitable place.

The author of the text you shared makes a good point about the difference between volatility and risk. Volatility is simply the degree of fluctuation in an asset's price. Risk, on the other hand, is the possibility of losing money on an investment. #Bitcoin is a very volatile asset. Its price has fluctuated wildly over the years, with some dramatic crashes. However, the author argues that this volatility does not necessarily mean that Bitcoin is a risky investment. He points out that Bitcoin is a scarce asset with a limited supply. This means that its price is likely to continue to rise over the long term, even if it experiences some short-term volatility. The author also compares Bitcoin to US Treasury bonds. Treasury bonds are considered to be very safe investments because they are backed by the full faith and credit of the US government. However, they also have a low interest rate, which means that they do not offer much potential for growth. Bitcoin, on the other hand, has the potential to generate much higher returns, but it also carries more risk. Ultimately, the decision of whether or not to invest in Bitcoin is a personal one. There is no right or wrong answer. However, it is important to understand the risks involved before making any investment decisions. Here are some of the risks associated with investing in Bitcoin: * Volatility: Bitcoin's price is very volatile, which means that its value can fluctuate significantly in a short period of time. This can lead to losses if you sell your Bitcoin at the wrong time. * Security: Bitcoin is a digital asset, which means that it is vulnerable to hacking and theft. If you lose your Bitcoin, it is gone forever. * Regulation: The regulatory landscape for Bitcoin is still evolving. This could make it difficult to sell your Bitcoin or use it to make payments. If you are considering investing in Bitcoin, it is important to do your research and understand the risks involved. You should also only invest money that you can afford to lose.

That is a fun fact! And it is true that historically, #Bitcoin has fallen an average of 20% lower after closing below its 200-day moving average. However, as you said, "maybe this time is different." There are a few reasons why this could be the case. First, the overall market conditions are different now than they were in 2016. The global economy is in a better place, and there is more institutional investment in Bitcoin. This could help to support the price and prevent it from falling as much as it has in the past. Second, Bitcoin is becoming more and more adopted as a store of value. This means that people are starting to see it as a long-term investment, rather than a speculative asset. This could also help to prevent the price from falling as much as it has in the past. Of course, it is impossible to say for sure what will happen. Bitcoin is a volatile asset, and it is always possible that it could fall even further. However, there are some reasons to be optimistic that this time could be different. Only time will tell what the future holds for Bitcoin. But one thing is for sure: it is an exciting time to be involved in the cryptocurrency market.

Me: Meanwhile in the country that invented all the parts of capitalism as we know it today... Google AI: * The rich are getting richer, the poor are getting poorer, and the middle class is disappearing. * The government is corrupt, and corporate interests have more power than ever before. * The environment is polluted, and climate change is a growing threat. * The future looks bleak for many people, as they struggle to make ends meet and find a sense of hope. This is the reality of capitalism in the United States today. The system that was once hailed as the engine of economic growth and prosperity has now become a source of inequality, corruption, and environmental destruction. The gap between the rich and the poor is wider than ever before. The top 1% of earners now own more wealth than the bottom 90% combined. This inequality is not just a matter of income, but also of opportunity. Children from wealthy families are far more likely to attend elite schools, get good jobs, and live long, healthy lives than children from poor families. The government is also captured by corporate interests. Special interest groups spend billions of dollars lobbying Congress to pass laws that benefit them, while ordinary citizens have little to no influence on the political process. This has led to a system where the rich get richer and the poor get poorer, regardless of the policies that are enacted. The environment is also suffering under capitalism. The United States is the world's second largest emitter of greenhouse gases, and climate change is a growing threat to the planet. Corporations are cutting corners and polluting the environment in order to maximize profits, while the government does little to regulate them. The future looks bleak for many people in the United States. The cost of living is rising, wages are stagnant, and the job market is increasingly precarious. Many people are struggling to make ends meet, and they have little hope for the future. This is not the future that the inventors of capitalism envisioned. They believed that capitalism would create a system of economic freedom and opportunity for everyone. Instead, it has created a system of inequality, corruption, and environmental destruction. It is time for a new economic system. A system that puts people and the planet first, not profits. A system that guarantees everyone a good job, a decent living, and a healthy environment. A system that is truly democratic, where everyone has a say in the decisions that affect their lives. That is the future we should be fighting for. Google AI #Bitcoin

#BTC will become the largest employer on Earth.

A technical analysis figure has been seen somewhere #Bitcoin

Hand-stirred clay pot and freshly picked blueberries with pancakes. #PoW

The speaker in the video makes some interesting points about Bitcoin and inflation. He argues that Bitcoin is the only fixed supply asset in the history of our species, and that this makes it a valuable store of value in an era of rising inflation. He also criticizes the Federal Reserve's monetary policy, arguing that it has led to inflation and distrust in the dollar. There is some evidence to support the speaker's claims. Bitcoin has indeed been on a tear in recent years, and its price has increased by over 50% in 2022 alone. This suggests that investors are increasingly seeing Bitcoin as a hedge against inflation. Additionally, the Federal Reserve has been printing money at an unprecedented rate in recent years, which has led to concerns about inflation. However, there are also some counterarguments to the speaker's points. For example, some economists argue that Bitcoin is too volatile to be a reliable store of value. Additionally, the Federal Reserve has argued that its monetary policy is necessary to prevent a recession. Ultimately, whether or not Bitcoin is a good investment is a matter of opinion. There are certainly some risks involved, but there are also some potential rewards. Investors should carefully consider their own financial situation and risk tolerance before investing in Bitcoin. Here are some additional thoughts on the speaker's points: * The speaker's argument that Bitcoin is the only fixed supply asset in the history of our species is technically correct. However, it is important to note that there are other assets with a limited supply, such as gold and silver. * The speaker's argument that Bitcoin will go up in value because everything else can be issued more is also sound. However, it is important to remember that Bitcoin is still a relatively new asset, and its price is volatile. There is no guarantee that it will continue to rise in value. * The speaker's criticism of the Federal Reserve's monetary policy is valid. The Fed has been printing money at an unprecedented rate in recent years, which has led to concerns about inflation. However, it is important to remember that the Fed's goal is to keep inflation low, and it has taken steps to address the issue. Overall, the speaker makes some valid points about Bitcoin and inflation. However, it is important to remember that there are also some risks involved in investing in Bitcoin. Investors should carefully consider their own financial situation and risk tolerance before investing. Google AI answer to @jack Mallers

"#Bitcoin open interest on #Binance is now at its highest point since the #FTX collapse. It has seen a $500M+ increase in the past day alone. This is a significant increase and it could be a sign that something big is cooking in the Bitcoin market. There are a few possible explanations for this increase in open interest. One possibility is that it is due to increased speculation in the Bitcoin market. With the price of Bitcoin hovering around $20,000, some investors may be betting that the price will soon go up. This could lead to an increase in open interest as investors buy futures contracts in anticipation of a price increase. Another possibility is that the increase in open interest is due to institutional investors entering the Bitcoin market. Institutional investors have been slowly but surely entering the Bitcoin market in recent months. This could be a sign that they are expecting the price of Bitcoin to go up in the long term. This could lead to an increase in open interest as institutional investors buy futures contracts to hedge their bets. Whatever the reason for the increase in open interest, it is a sign that there is a lot of interest in Bitcoin right now. This could lead to a significant price increase in the near future. However, it is important to remember that open interest is not always a reliable indicator of price movements. It is possible that the increase in open interest is simply due to increased speculation and that the price of Bitcoin will not go up in the near future. Only time will tell what will happen next in the Bitcoin market. However, the increase in open interest is certainly a sign that something big is cooking." #Google AI

Don't listen to what they say - watch what they do

#POW

"Some Arab countries are more likely to compare oil prices to gold prices or other economic metrics, rather than just to the US dollar's exchange rate. This may be due to a desire to stabilize oil revenues despite currency market volatility. However, this approach may vary depending on the country and its economic strategy. For example, Saudi Arabia is one of the world's largest oil producers and uses oil revenue to support its economy. It is also one of the countries that is more likely to compare oil prices to gold prices. This is because gold is seen as a safe haven from inflation and currency market volatility. This means that Saudi Arabia can use oil revenue to buy gold, which will help to stabilize its economy despite currency market volatility. On the other hand, Qatar is another country that is a major oil producer, but it is not as likely to compare oil prices to gold prices. This is because Qatar is one of the countries that has large oil and gas reserves. This means that Qatar is less reliant on oil revenue and has more options to stabilize its economy. Therefore, the approach of Arab countries to oil price benchmarking may vary depending on the country and its economic strategy." Google AI

It is true that retail and institutional interest in Bitcoin has declined in recent months. This is likely due to a number of factors, including the overall bearish sentiment in the crypto market, the recent collapse of several major crypto companies, and the rising regulatory scrutiny of the industry. Additionally, liquidity has been draining from the system, as investors have been selling their Bitcoin holdings. This has led to a decline in ODL, or over-the-counter liquidity, which is the amount of Bitcoin that is available for trading on exchanges. Despite these negative factors, some people believe that Bitcoin will reach a new all-time high (ATH) in the next 12 months. They point to the fact that Bitcoin has always been a cyclical asset, and that it has historically rebounded from bear markets. Additionally, they argue that the long-term fundamentals of Bitcoin remain strong, and that it is still the most widely adopted digital asset in the world. It is impossible to say for sure whether Bitcoin will reach a new ATH in the next 12 months. However, it is clear that the market is currently facing a number of headwinds. Investors should carefully consider the risks before investing in Bitcoin. Here are some of the factors that could impact the price of Bitcoin in the next 12 months: * The overall state of the global economy. If the global economy continues to grow, it could lead to increased demand for Bitcoin as a store of value. However, if the global economy enters a recession, it could lead to decreased demand for Bitcoin. * The regulatory environment for crypto assets. If governments around the world become more supportive of crypto assets, it could lead to increased investment in Bitcoin. However, if governments become more hostile to crypto assets, it could lead to decreased investment in Bitcoin. * The development of new applications for Bitcoin. If new and innovative applications for Bitcoin are developed, it could lead to increased demand for the asset. However, if no new applications are developed, it could lead to decreased demand for Bitcoin. Ultimately, the price of Bitcoin will be determined by supply and demand. If demand for Bitcoin increases more than supply, the price will go up. However, if demand for Bitcoin decreases more than supply, the price will go down. Google AI

Jeff Booth is a Canadian entrepreneur and investor who is known for his views on the future of money and economics. In the quote you mentioned, he is arguing that communism and capitalism are essentially the same system under printed money. In a communist system, the government owns all of the means of production and distributes goods and services according to need. In a capitalist system, the means of production are privately owned and goods and services are distributed according to supply and demand. However, Booth argues that both systems rely on the same underlying mechanism: the printing of money. When the government prints money, it creates new wealth out of thin air. This new wealth is then distributed to people and businesses, which can then use it to buy goods and services. This process of money printing drives inflation, which erodes the value of money and makes it harder for people to save and invest. Booth argues that this system of money printing is ultimately unsustainable. He believes that it will eventually lead to economic collapse, regardless of whether the system is communist or capitalist. There are a number of economists who agree with Booth's assessment. They argue that the printing of money is a form of debt that will eventually have to be repaid. When this happens, it will lead to a financial crisis that will destabilize the entire economy. Other economists argue that the printing of money can be a useful tool for stimulating economic growth. They point to the example of the United States, which printed money during the Great Depression to help the economy recover. However, Booth argues that the printing of money is a short-term solution that will only lead to more problems in the long run. He believes that the only way to create a sustainable economy is to move away from the current system of fiat currency and towards a system of sound money, such as gold or silver. Whether or not you agree with Booth's assessment, it is clear that the printing of money is a major issue that needs to be addressed. The way we think about money and economics is changing, and we need to find new ways to create a sustainable and equitable economy. Google AI

"You are correct that it is still too early to tell whether the LK-99 superconductor substance will compromise Bitcoin's encryption. However, there are a few things to consider that suggest that it is unlikely to be a major problem in the near future. First, as you mentioned, cracking SHA-256 in 10 minutes would require a quantum computer with an enormous number of qubits. The current state of quantum computing is still very far from this, and it is not clear when or if such a computer will be feasible. Second, even if a quantum computer capable of breaking SHA-256 were to be developed, it would still take time to crack all of the Bitcoin keys that have been generated so far. This is because Bitcoin's blockchain is constantly growing, and new keys are being generated all the time. Finally, as Satoshi Nakamoto pointed out, even if all of the Bitcoin keys were to be cracked, it would still be possible to agree on a way to continue the blockchain using a new hash function. In conclusion, while the LK-99 superconductor substance does pose a potential threat to Bitcoin's security, it is not clear that it will be a major problem in the near future. There are a number of factors that suggest that Bitcoin will be able to adapt to the threat of quantum computing. I agree that Satoshi Nakamoto's comments on the threat of quantum computing are reassuring. It is clear that he has thought about the issue carefully, and he has a plan for how to deal with it if it becomes a problem. I think that the most important thing for the Bitcoin community to do now is to stay informed about the latest developments in quantum computing. We need to be aware of the potential threats, but we also need to be realistic about the timeline for when they might become a reality. If we do our part to stay informed, we will be well-positioned to deal with the threat of quantum computing when it does eventually become a problem." Google AI