On-chain BTC transactions are so cheap and fast right now, it should worry everyone holding BTC. If there are no transactions with BTC – in other words if it is not being used for daily payments – then WHO is going to pay miners 10yrs, 20yrs from today? This is the elephant in the room.

@Lyn Alden don't do it.

Complex adaptive systems (finance, economies, ecosystems) are inherently ungovernable by design. The "crisis managers" have no clue what they are mathematically/logically doing either; what they're doing is much more the performance of shamanic rituals (pumping liquidity, making bold confidence-building statements while hoping the patient doesn't die before morning). In the end rationality is a big illusion. Systems are driven by human psychology / irrationality (expectations, feelings) and thus manipulating psychology is the most direct lever available.

Now we know quite certainly that the world is run by satanic pedophiles. What changes?

"So let me get this straight… Jeffrey Epstein admits he spoke with Satoshi, paid the salaries of roughly 60% of Bitcoin’s core developers, was a lead investor in Blockstream (responsible for the majority of major protocol changes, the centralized Lightning Network, and significant network influence), and was the #1 largest single investor in Coinbase. Epstein was also close friends with Brock Pierce, founder of Tether, the largest fraud in the world, and key player in manipulating price of Bitcoin. Pierce was also "coincidentally" accused of sexual abuse in 2000 and then arrested in Spain in 2002 for child sexual abuse. The emails reveal they had long discussions (& presumably other stuff) at Epstein’s Manhattan townhouse, where Pierce urged Epstein to fund Tether and they even discussed the buyout of Mt. Gox, which later spectacularly rug-pulled and collapsed. Epstein also had talks with Blockstream executives, where they described Ripple and Stellar as “bad for the ecosystem we are building,” effectively working to freeze them out of shared funding circles. This coincides with the timing of the beginning of the Bitcoin maximalist campaign that spread widespread misinformation about both projects. It was also revealed that Epstein was close friends with Larry Summers (Obama/Clinton ally), who helped create Digital Currency Group (DCG), which owns Foundry USA (#1 largest Bitcoin mining pool in the world), Grayscale/GBTC (one of the largest Bitcoin ETFs), Genesis (which collapsed amid fraud allegations), and CoinDesk (#1 largest Bitcoin media site). Got it…"

X (formerly Twitter)

Jacob King (@JacobKinge) on X

So let me get this straight… Jeffrey Epstein admits he spoke with Satoshi, paid the salaries of roughly 60% of Bitcoin’s core developers, was ...