Pretty good analysis I would say, thank you. It somewhat resonates with some of my own thoughts. I definitely think that the US Fed's now unrestricted ability to print infinite money opens the possibility to a 1920s Germany scenario (for us Southeast Asians who were occupied by Japan in the Second World War, we actually refer to the 1940s "banana money" scenario -- you can still buy them easily off flea markets in most countries here), BUT it won't happen because they, as you point out, know how to control the flow and they're actually printing money they've approved to be pushed out (that's mainly stimulus money right now).

It will affect inflation, and it may just cause the debt ceiling to crush the system at some point later on, forcing them to print even more than they should. But for NOW, the here and now, it's not going to destroy the fiat system that Bitcoiners hope for. This system is broken, rotten to the core, swathed in band-aids, but there's too much at stake and too much invested for its players to just give up so soon.

I don't really enjoy any of the covid talk, it's tiring and in my work, I'm not now required by clients who want to hop on trending hashtags to also add elements of it to the work I do, which feels almost tasteless to me, but there we go, we need to eat. But since it's you, here are some random (?) thoughts to add to that element:

1. Most governments in the developed world are taking care of those who lost work. Where I am, they will earn at least 90% of their salary if they lose their income or jobs, and in worst-case scenario, they will get on welfare. This is the same in many countries around me.
2. In my home country, government is giving small stimulus packages, like in the US. Instant cash to help, moratoriums on bank loans. But for the majority of people, this will run out in weeks, and doesn't help them pay rent or bills. People already are starving now, people I know are already moving out of homes to consolidate space and bills. Some close to me are moving back to villages to farm. Drastic life changes just so they can eat.
3. I'm in a weird position. Not qualified for anything in my resident country, nor for the aid back home because I don't live there. If I lose my income, there is no fallback plan, I already have seen paycuts, and many of those like me are in deep, deep trouble. So I look around and see people depressed by cabin fever, depressed by lack of contact, but I'm instead squeezing so much more work into my hours in anticipation of shit getting worse. It's not a complaint or a rant. I just wonder how many are like me. Making sure we get every bit of income we can now because it will dry up even more.

@hilarious that is a brilliant idea. They probably don't even need to do it without stirring the Toon hornet's nest. Just pump the prices of hospitality tickets, pump the price of VIP tours off-games, pump every possible prawn-sandwich-catering package and they could really get themselves a nice pocket of change to get their dream team.

@harko two seasons maybe, but even that lineup won't be guaranteed to gel together in one season, so maybe 3 seasons minimum to play well together, but then you'd still need to beat City and Liverpool regularly.

Just take a few minutes to read up. And you'll realise he has no point. The theory of Satoshi being dead is a plausible one (relatively, as is the theory aliens kidnapped Satoshi), but the discussions that follow this particular thread of CW knowing stuff, has no merit, is full of holes and contradictions. It is extremely easy to:
- prove Satoshi is dead.
- prove any claim of being Satoshi.

Yet none of the claimants have been able to do anything other than peddle fantasy stories not even really interesting.

I don't disagree that black Americans suffered more from the system than whites (mainly because the whole system is rigged by old money, which is white) but I don't get what Bitcoin's really to do with anything, other than it was very likely designed by whites.

Interesting read on the book, nevertheless, but this level of wokeness is a bit misleading when it comes to Bitcoin discussions, because this money system ain't got nothing to do with colour.

Brown and yellow people, are probably the majority on this forum, for example. Am I wrong?

@cryptofrka: the concept is just so cool just reading your explanation. There's got to be more than 1 play allowed though on this kind of contest!


Have a good weekend, Steve! I think the promos are fantastic, though I really hope I get to view the next Sportsguru when the new round comes (it's a blank screen now on nostraguru). That was definitely the idea I thought would work well with people.

Ah we're talking about different things maybe. I referred to maturity of the network, but yeah I agree, it's immature as an asset or currency.

We'll always continue to see horrible bugs and vulnerabilities, the likelihood's simply too high for that not to happen. Last year Visa still had a big bug discovered. Fiat's bugs continue to prevail. A system isn't mature when it has no more bugs to discover, it is when it is in little danger of failing when bugs are discovered, to me anyway;)

Mainstream adoption? Oh I've always said we're far, far away from what people would like to believe. I'm Bitcoin all the way, but outside the developed world, visible Bitcoin adoption is at least a decade away -- but that's one big reason why I still think it's hardly late at all to "get into it" one.

I know it's a bit vain to say we're early adopters but relatively speaking, when we're decades away from seeing things priced in btc instead of usd, we really are. Great feeling, isn't it?

 Born From the Financial Crisis, Bitcoin Maturation Accelerating
- I'd have hoped to say Bitcoin's already matured. Adoption is probably accelerating, but I think the network's survived enough attacks and crises to be called mature now.

 Stock-Market Shakeout Accelerates Bitcoin's Gold-Like Transition
Not sure Bitcoin's ever going to be gold-like in the near future, and not sure I want it to be like it either. I think a couple more halvings for sure, when it's only 1.56 per block, so in another 8 years or so.

 Bitcoin Futures Taming Bull Calf Toward Digital Version of Gold
OK we're really scraping the barrel here. Bull Calf? What was 2017?

 Bitcoin and Gold Showing Convergence With Endurance
That's a lot of gold comparisons

 Covid-19 Supporting Bitcoin On-Chain Indicators, Dominance
 Covid-19 May Give Libra Life, Spur Fed's Digital Currency Spirit
Any comparison to Covid and Bitcoin has to be at best tenuous, at worst, tasteless. But that's just me.

Yeah, or just a simple browser extension that has a notification if any of your desired triggers are met (something akin to a sportsbetting app where conditions are met and they let you know). I do get the phone idea. You're out and about and just want to be notified of something. Not necessarily useful for traders only but I could see use for a news person just to Tweet out huge price moves.

Never could fix the error on loading page so I wasn't able to join the NFL draft promo but hope someone from here wins it!

My multimaster hasn't done any better, only 5 correct picks (boo).

But happy to see the new MM out -- and happy to see quite a few 4/1 picks in this selection. Oh you so know me, Sportsbet. You so know me.

Unless you pull of a Bill Clinton, where he got even more popular after all that Lewinsky nonsense. Or if you're a girl, then in which case you'll get even more famous and people will start offering you jobs.

Like that Jessica Khater from pron to Head of Institutional Lending

But hey, it's Bitcoin. We've got Ver, Wright, McAfee, why not unwitting pronstar?

Yup. That's the one. Emergency Money for the People Act. Maybe 2 weeks ago? Or last week? It's all a blur to me now when it comes to stimulus packages.

It's never going to happen of course, as it'll more than double their monthly spending. But hey, since they're printing money already...

Not really. I still wouldn't trust 100% some places I gamble a lot at, especially the anonymous ones where there is absolutely no protection against an exit scam. I trust them, only because I've been with them long and they've honoured payments, etc. I'd even recommend them, including Bitvest. But I'd never ever say to people you can trust anyone 100%. It's just irresponsible.

There's this guy, a former leader in my state, imagine a huge tract of land and sea full of oil, and full of timber, and extremely small population. We only hit 50% literacy LAST YEAR, we still fight diseases most countries eradicated decades ago (right now we have rabies, hand foot and mouth disease, in addition to Covid). Yet our GDP is massive, most goes towards central government (if anyone ever wonders how Malaysia got so rich), and massive untold amounts into the pockets of our ex leader, now retired.

Taib Mahmud, totally under the radar but he has also been rumoured to be the richest man in Asia. Take into account his entire dynasty and he puts some names to shame. He stays out of limelight because he doesn't do things like buy football clubs!

Oh and I do hope that streaming shake up happens!!! It's criminal how I actually subscribe to a local service for English games and I still don't get to watch all of them.


Hope you're well buddy. I've been working remotely for almost 4 years in a new country now, so I haven't met any of my friends (I don't have many anyway) for that long, and because of my circumstance, I hardly even meet people. I know only my butcher, neighbour... probably a bit more used to it than most, but it's still a rather lonely existence. That time I got out in Qatar for a few days was pretty cool, meeting real people for the first time in zonks. Now without football, it is a bit more depressing and especially with paycuts and now filling weekends with jobhunting rather than football. Bloody depressing... but we're all be okay I think.

Should go see you guys when we celebrate the league win!

Well, it's not really evidence of buying, those are just deposits of the exact amount of stimulus cheques. Binance US also noted the same spike in $1200 transactions, but yeah, hard to believe that people are depositing stimulus cheques there NOT to buy Bitcoin.

Imagine now if that 400B monthly stimulus sees even 1% go into crypto. 4B a month for the next six months if the EMP Act gets greenlighted.

I was just going to say, then I saw the whole thread;)
Also just realised my age isn't correct on bitcointalk. Or is it?


In fact, browser and cloud mining is almost certainly going to get people into negative income if not done right, they're far better off just saving up to buy a bit of bitcoin. Faucets also work, but really it's only if you just want to test it and willing to slam faucets for 100 days or so to make min withdrawal. And yeah, probably suitable for most teens, but if he's good at coding, just go code on fiverr or some other and get paid in btc;)

P.S. I got btc for my kids and one of them already lost it. Lesson: I need to hold their private keys. I kinda expected it though, good thing it was a small amount. On the bright side, I contributed to btc's scarcity factor!

Yeah, it all boils down to money, and I think you hit the nail right on the head with the first option. Play, and get what we committed. Don't play, and you guarantee less prize money.

Brescia know they're most likely out anyway, so they'll want to squeeze the most out of this.

I don't know the financial status of clubs in Serie A but judging from the fallout yet to come at Barca, you think this will be a huge reset button to reshuffle the power structure?

Exactly. And I've stayed well out of trading, let alone using bots for years now, but can't help but see during 2017/18 even Gunbot tout these functionalities. Think more recently HaasOnline got a major upgrade that lets you do all those things too -- historical backtracking sounds pretty cool, but strategies that worked well in past don't tend to in current/future markets no?

And yeah, everyone can claim to be so smart in a bull market, I certainly recall all the proud posts of winning strategies being peddled to this day;)

Last year, coming across an old account in a teeny exchange, decided to offload the shitcoins for btc and was just short of withdrawal minimum.

I actually did a calculation some time last year when btc was at around 3.6k. All of my dust in scores of accounts I eiter opened for gambling (where plenty of rains and tips were accumulated in 2016/17). All dust in stupid bouts of altcoin buying when they were actually worth something. All of that was easily worth 0.05 or more, had I been able to consolidate without having fees eat them up.

I bet you, as lucius points out, a lot of big boyss could pretty much clear up all those stablecoin dust and get into btc big again. I'm thinking all those delisted coins esp customers never claimed. Not sure why it didn't happen at Black Thursday though.

I keep saying that if shit is bad for regular people -- and that means you and me and 99% of this forum -- then we will be spending on bread and bills, not forking out for more btc.

We'll even be liquidating btc (selling) to do all that. I know cause I'm forces to sell more these weeks, most of us freelancers and self employed have to welfare or stimulus package.

This isn't to say bitcoin isnt a safe haven. If we had to store value, and store it safely, hedging against loss of fiat, we would. If I had to run with my family and gather whatever wealth we had in a bag, you bet I'm keeping it in btc and not a lump of gold.