6. Bitcoin affinity scam - MAGA View quoted note →

The U.S. Federal Debt since the Federal Reserve was established in 1913 has grown at an average annual rate of ~8.8%. (it was more like 6% for the prior 50 years or so). In 1913, the set price for gold by law was $20.67/oz. Assuming the same growth rate of 8.8% would have gold priced at about $275,000/oz today. Accounting for an estimated 2% annual growth rate in the supply of gold would suggest a price more like $30,000/oz. The actual current price of gold at ~$4700/oz would be applicable if the supply growth rate was more like 4%. (I have no idea what the actual supply growth rate of gold has been since 1913). *not trying to make a point... just thought this was interesting and thought I'd share.

How is speculation that Adam Back is Satoshi even newsworthy? I mean, hasn't Adam been near the top of any such list since like forever? At least HBO's Peter Todd speculation was a little bit out of left field. Also, apparently, the only reason the recent NYT 'journalist' ever even became suspicious of Adam was because of how tense and uncomfortable he seemed during those HBO interviews. Has anyone ever seen an interview of Adam where he didn't seem tense and uncomfortable? View quoted note →