Excerpt on Kelly optimization of Bitcoin in a portfolio, with Sina of 21st Capital #bitcoin

The #Bitcoin power law persists. Autocorrelation of weekly history corrected to second order. Left chart: Log-log thus a straight line. Age^5.68 Right chart: Same fit log-linear plot, so curved lines, added -1, +1, +2 standard deviation lines and projection forward for next 20 years, if the anti-fragile and Lindy power law continues in similar fashion.

Taleb doesn’t know it yet but once again the SEC suits against CZ and Coinbase have shown #Bitcoin is highly anti-fragile. Here are 20 ways https://medium.com/the-capital/bitcoin-is-anti-fragile-20-reasons-b299e2d734b0

Reupping this one now that CZ has been accused of money shuffling between the exchange and his companies, Frodo FTX style. View quoted note →

Ivory and antler snow blindness preventers

https://cryptoassets0417.medium.com/tenth-cryptosuper500-report-72f66ee20850 Medium blog on Tenth CryptoSuper minting report, total dominance by #Bitcoin, sorry Elon. Full report is free no reg. wall at OrionX.net/research

Voting (POS) does not create value. It apportions it. Work, energy = power x time (POW) creates value. #Bitcoin

#Bitcoin  Maximalism is self-evident since Bitcoin has always had, and will continue to have, the highest market cap. As a result of maximal energy input. We hold this truth to be self-evident.

Gold coins all had a standard amount of metal and fineness defined. All identical until a debasement declared. #Bitcoin  is fungible but each from a different block has a different amount of energy, time, and crypto power encapsulated. #invert

The only proof of work coin that greatly matters is Bitcoin. The only one with 1/3 of a Zettahash of global supercomputer power is Bitcoin. And only proof of work coins can be fully honest. Tenth semi-annual Crypto Super mining report will be released in a week.

Eight hours until Bitcoin is 15 Block Years of age. Expect to see much maturation over the next 10 to 15 years.

Less than 20 hours until Bitcoin is 15 Block Years old (at Block 787,500) and we will be one Block Year from Halving / halfining. Happy Block Year Eve.

There are only four altcoins with market caps over 1 million #Bitcoin ‘s worth. And two of those are just stablecoins, basically fiat substitutes, no upside. That leaves the quasi-corporate cartel and elite controlled Ethereum and basically one man show CZ’s coin.

It’s not just that there is an absolute 21 million supply cap and a highly decentralized ledger for #Bitcoin. But also critical is the unrivaled security of 376 Exahashes/sec and the first mover. Bitcoin Cash caps at 21 million but is worth little, 0.4% of the Real Thing. Security and Scarcity drive value.

#Bitcoin is rising on power law trajectory (elapsed time since 2009) in gold ounces. Power law index 4.86, R2 0.86 cagr 39%

The White House’s proposal for a surtax on Bitcoin mining is poorly thought through. Bitcoin is a valuable circular economy asset, over 1/2 minted from green inputs. https://medium.com/illumination/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af

Seems like #softwar thesis could result in the DOD wanting its own hashpower or issuing contracts (including straight BTC purchases) for cyber defense reasons, and yet the White House (and presumably Treasury supports this ill-advised concept), is proposing a 30% electricity tax on #Bitcoin min(t)ing. Better idea: tax credits for green and methane-based BTC minting. And fiat bonds to build a national strategic Bitcoin reserve.

There’s a certain symmetry in $27072 #Bitcoin 72 is a beautiful number : 2^3 * 3^2. And the rule of 72. I even wrote a book about 72. https://72beautifulgalaxies.com full of Hubble Space Telescope photos that are now aging due to even more amazing JWST photos

Article on why the White House ‘s proposed 30% surtax on #Bitcoin electricity usage a bad idea. Friend link: https://cryptoassets0417.medium.com/30-tax-on-bitcoins-electricity-input-is-proposed-c7d6c6fbf3af?sk=2a86ff032e7661f9f104e4cb7132be8e

Dark Energy Stars are similar to black holes but no singularity due to a DE core. Now it is claimed that cosmological coupling of billions of these cores to the overall universe’s gravitational field and its expansion with #darkenergy dominating has been observed.

Dark Matter, Dark Energy, Dark Gravity

Dark Matter, Dark Energy, Dark Gravity

Enabling a Universe that Supports Intelligent Life