Bitcoin ETF Gets Nod From SEC Commissioner: No Roadblocks Ahead (

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…then suddenly?

If central banks used to be able to issue notes promising to pay the bearer on demand a certain amount of national currency; what’s to stop them holding Bitcoin and issuing similar notes in the future, and won’t this lead to the same old problems?

"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." Buckminster Fuller

…and isn’t life good.

I’m back!

Long hours and low wages anachronistic. The whip of poverty can only flog a dead horse. Dylan Thomas

I haves friend in TradFi who I’m trying to Orange Pill. I’ve sold him £50 worth of #Bitcoin (at £23,500 - eek!). He’s now read The Bitcoin Standard and The Price Of Tomorrow and he seems engaged in the debate. What next?

IYKYK

Time goes round, price goes out. Tick tock, next block. #Bitcoin  polarbitcoin.net

To whoever sent the tip, I thank you.

My gift to you

Serious question: why buy into an ETF with all the paperwork, management fees, etc when you can just buy the underlying asset?

Why do people insist #bitcoin  is not crypto when it certainly IS a crypto currency? Is the analogous statement “Humans are not animals”? Can’t we find a better way of differentiating between #BTC  and altcoins?

Check out progress to the inevitable 1 Satoshi = $1 at

One Dollar...

Polar Bitcoin - plotting prices on a polar logarithmic chart

I am proposing to teach #Bitcoin ideas at a *very* basic level and working on a simplified explanation of the Byzantine generals problem. a) five generals need a majority decision to attack/retreat. b) to convey a vote they must create a gold engraved wonderful thing to indicate their decision. It would take ages to create this wonderful thing. c) if a general sees 3 wonderful things that agree on attack/retreat they can be sure that is the consensus because of the time required to craft those answers. Is that valid / good enough?

Last week, I saw a film about [un]sustainable fashion. A quick Google showed yearly production of CO2 for... - fashion 1.2 billion tonnes - #Bitcoin  22 million tonnes It seems that lazy Greenpeace has just picked the easy target, jumping on the anti-Bitcoin bandwagon.

Here's a little something: go to polarbitcoin.net/falls-from-aths, click on the graph showing #Bitcoin  falls and you get a zoom into the falls from 2017 onwards. Nice!