When you have a knot in your stomach seeing the price falling, if means that this is the right time to buy… if you have the money.
AI data centers are to Bitcoin mining rigs what Chinese civilian shipping vessels are to a ghost military fleet. They're built to military grade and can turn on a dime if things go awry.
Thinking of it every day. Everyone is a scammer.
“Investments are scams because they lead you to believe you can get a higher return than holding bitcoin itself, despite the economics of bitcoin naturally making this an absurd claim in the medium-run. In a post-fiat world, there will be plenty of investments that have a greater return (and risk!) than holding bitcoins, but they’ll be assets that generate bitcoin cash flows.”
Recent battle in Ukraine really feels like a prelude of the “Kill Decision” book from Suarez @ODELL
Markets are an interface to understand the world.
To add on the below, Sony never made money on the PlayStation consoles, it only comes from the sale of games.
In tech, hardware has never made money even with the iPhone . Only software brings money.
The flush we just saw in crypto is a prelude to a A.I. tech flush.
Feels like today corporation jobs are a combination of adult daycare and UBI.