ChatGPT fans need to be aware that they will increasingly be fed propaganda and have "inconvenient" narratives censored. Alternatives do exist and I would suggest using them. An example that just launched is

Venice AI

Venice | Private AI for Unlimited Creative Freedom

Try Venice.ai for free. Generate text, images, characters and video using private and unbiased AI.

(needs to prove itself but on a quick comparison is way better: not censored and cheaper/faster than ChatGPT).

This is an extraordinary clip from the Chair of the Council of Economic Advisors.

X (formerly Twitter)

Arnaud Bertrand (@RnaudBertrand) on X

This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein ...

There is zero competence at the helm of the fiat financial system. Choose #bitcoin, and choose sooner rather than later.

Opt out to bitcoin. Defund the war machine. Tax payers don't fund wars on the other side of the world, and would elect out politicians suggesting higher taxes for war. Governments that can print infinite money don't care what the people think.

There has been a lot of recent discussion on the Power Law model (https://hcburger.com/blog/diminishingreturns) which gives a prediction of a range of bitcoin price against time. It's noteworthy because price has continued to conform to the channel shown in the picture many years after the model was published - the red part of the line. A model is just a model, and they can break. The log range used in these types of models is huge, so of course they are anyway useless as trading or timing tools. And as many people have pointed out, these chart models cannot take into account the real world fundamentals, such as the recent launch of the ETFs. But there is still signal in these charts: - we can expect ever increasing returns - returns are a multiple of adoption increase (e.g. 10X adoption = 100X price) - those returns are DIMINISHING rather than exponential. You don't necessarily need a Power Law chart to work those things out, but the chart verifies the logic, and is currently the best model when correlating price against time. I don't suggest anyone (seriously) predicts price against time, because it will make you look like a fool. But it is fun. And it is good marketing for bitcoin, which brings new adoption - and that is good. A live chart is available at https://charts.bitbo.io/long-term-power-law/.

@jack and COPA are legends! Craig Wright finally destroyed. 🙏

It's so tiring trying to help loved ones. When you gently show them all the reasons that bitcoin is the apex store of value, why do they always choose to base their thinking as if they bought the ATH and sold at the bottom? A family member just sent me this even though they are currently up 7X on their first (and only) small allocation to bitcoin: "Yes, but do we know what's round the corner. Anyone who invested say $110,000 in BTC in Nov 2021 would have seen its value fall to $34,000 by the following July, and $26,000 in Dec 2022. Have any of the other assets had such extreme roller coaster rides? Does anyone know what caused such violent swings? Are we in a more secure place now?" Exhausting.

RELYING ON PROPERTY AS AN ASSET HAS BECOME DEFECTIVE. "It was the best idea 200 years ago, but if you own a thousand acres and then someone establishes a state, and a mayor gets elected who decides to spend lavishly, raising your taxes once, twice, thrice, soon the farming family can’t afford the taxes. Then, the government decides you’re the bad guy, takes all your land, and evicts you. Maybe it doesn’t happen directly; maybe first, you mortgage the farm, then can’t pay the mortgage, and the bank seizes your property." "[...or] the great-grandfather buys a farm, the grandfather and the father both farm the land, but now they can’t pay the taxes on it and have to sell it, moving into apartments" @Michael Saylor at Bitcoin Atlantis in 2024

Fantastic to see how the bitcoin guys come in to correct false narrative. Great job @Michael Saylor, @Troy Cross and @Dylan LeClair. 🙏

How do they stop the coming bank runs? By closing the physical branches (internet access can then be turned off with one button press at central office whenever things get hot) https://www.news.com.au/finance/business/banking/bankwest-is-set-to-shut-down-all-60-branches-in-wa-as-the-company-goes-digital/news-story/e6df67eeef37a5f83a826b3ecb8d1610

You have a choice about putting your money into x (BTC) or y (USD): a) x / 21million b) y / infinity Only junior maths required to see that for any x greater than zero, option a) wins. #GetOffZero now.

The masses are sleeping, while the net of government control slowly tightens around them. The UK discussing "plans for automated surveillance of millions of bank accounts". Educate friends and family about Bitcoin.

the Guardian

Scrap plans to scan accounts of benefit claimants or risk new scandal, MPs told

Campaigners say ‘fully automated’ approach risks repeat of Post Office Horizon scandal

Stunning video, from a superb article. A must watch. View quoted note →

BBC News

Wasted wind power adds £40 to household energy costs, says think tank

When it is very windy the grid cannot handle the extra power generated, says Carbon Tracker.

Bitcoin mining fixes this.

BBC continues to write misinformation on behalf of government. Their front page article entitled "Every bitcoin payment uses a swimming pool of water":

BBC News

Every Bitcoin payment 'uses a swimming pool of water'

As billions face water shortages, a new study warns of the cryptocurrency's thirst for water.

Quelle surprise! Turns out the data scientist works for a Central Bank and has a history of bitcoin misinformation:

Rebuttal of BBCNews article, and the Underlying Study, on Bitcoin Water Usage – Batcoinz

We are thankful for Gigi. 🙏 View quoted note →

If schools were serious about learning outcomes, they’d segment kids by skill-level instead of age-level. h/t

X (formerly Twitter)

David Perell (@david_perell) on X

If schools were serious about learning outcomes, they’d segment kids by skill-level instead of age-level.

Bukele is a hero to most bitcoiners, and his authoritarian policies appear popular in his country. But he is trampling over basic human rights, and @gladstein is right to keep reminding us.

News

El Salvador's secretive mega-jail - BBC News

US interest payments on its debt soon hitting $1 trillion / quarter. 150 million tax payers in US. That's $6667 (or $26k / year) per tax payer... ...with no services provided in return.

If companies that record your phone calls are legally required to tell you... When you visit someone who has an Alexa in their home, shouldn't they be required to gain your consent to be recorded too?

BBC News

Amazon to pay $25m over child privacy violations

The online giant is also penalised for allowing Ring doorbell workers access to customer recordings.

They say Bitcoin is for criminals. And yet I have received at least five of these Class Action letters because the fiat banks have provably continually committed financial crimes (covering currency, metals, commodity and treasury markets). But because the banks and lawyers control clown world for their own benefit, the plaintiffs (in this case traders, of which I was one) only get paid if they provide copies of all broker statements from 2005 to 2011. Statements required from 18 years ago! In the UK people only generally hold statements for seven years, because that is what is required by tax law. Very convenient for the banks that it has it taken so many years after the crimes were known for the class actions to be brought. And imagine what proportion of the settlement will go to the lawyers for so many years of hard work.