Hmmm...bitcoin is $405 bil, gold is $12.5 tril.
Who is banning gold? No one.
Bitcoin has to increase 30X to get close to Au.
Global reserve currency status is more of a dream right now...maybe in 20-50 yrs, maybe never.
I would be totally cool with bitcoin "market cap" of 10-15 Tril (500K-750K).
Even at 10tril, bitcoin would not "threaten" anyone, really, with total capital markets in $300 tril vicinity, maybe $500 tril in 20 years.

what is inevitable? banning of bitcoin?
sorry, but it is tickling my "bullshit" sensor.

They certainly look like gremlins concocting some ill-conceived plans that NO ONE requested.
The ridiculousness of it all is underlined by the small overall % of power bitcoin is using in comparison with gigantic polluting and earth destroying industries like gold mining, for example, plus too many more examples to mention. Obviously, they have an agenda. I have no idea why, but something something about enslaving would fit the bill to a tee.
I rarely speak "political" as it is generally not worth it, but enough of this nonsense already.
<end of a rant>

False equivalence.

Demonstrators in Leipzig do not bomb Berlin, rape and plunder East Germany or shoot and kill civilians.

Right now, all pro-Russian material support in Ukraine is equivalent to armed aggression as it causes the deaths of defenders
and must be met with lethal force.

BTW, gas prices are dropping due to falling oil prices because of lower demand despite the supply shock created by Russia.

When their 98th and 45th SF brigades are wiped out south of Vysokopillya, they will 'strategically withdraw' from Kherson to 'secure' the land bridge to Crimea.

The talking heads on RTV (and be.open) will be saying that it is all according to Putin's master plan to defend Russian speakers in Donbas.

Kherson front will be forgotten, just like the fronts on Kyiv and Sumy.

The only way to deal with the occupiers and their collaborators is to physically eliminate them.

There is no other way.

around 2 000 people have gathered at Augustusplatz in Leipzig city centre to begin what has been proclaimed as a “hot autumn” to protest.
...
The AfD further called on the government to stop the sanctions war, which is leading to a sharp increase in prices.
...
Demonstrators demanded the “immediate capping of electricity prices” and for officials to secure direct contracts with gas suppliers at low prices, and further called for the resignation of the government and military neutrality.

It's pretty obvious that whales are trading btc for eth in order to begin a large pump and dump run ahead of the Ethereum upgrade/merge news.  

Noobs will never learn I guess.

If they are smart they won't. Because they will know its not possible.

But I would love to see them try and fail. That would only give everyone who isn't sure about adopting crypto yet the affirmation they need that nobody will be able to take their money away from them. Especially not any government.

Your propaganda is bad, you should have written several tens of thousands to make it more convincing. People who fight for their country and their women and children are not afraid of death, and everyone who died did so honorably - unlike your compatriots whom the Russian authorities do not even want to bury with dignity, but leave them to rot on Ukrainian soil.

70,000 people take to streets of Prague to protest against anti-Russian sanctions, arms supplies to Ukraine
...
The event organizers are planning another demonstration on Sept. 28
...
The protest in central Prague came a day after parliament failed to support a vote of no confidence in Fiala's coalition amid opposition claims of inaction on inflation and rising energy prices.

Six in 10 British Factories at Risk of Going Under as Bills Soar
...
Soaring energy bills are threatening to put six in 10 British manufacturers out of business
...
nearly half of manufacturers have experienced a jump in electricity bills of more than 100% in the past year.
...
Britain’s factory sector is already in decline, according to a purchasing managers’ index published by S&P Global this week. MakeUK’s survey said that 13% of factories now have reduced hours of operation or are avoiding peak periods, while 7% are halting production for longer stretches.

Congratulations, you just debunked meme, very well done. And now you're seriously comparing infrastructure and living conditions USA, Japan and Russia. Even in your articles about Alaska there talk about few thousands people. In general, just few % of people in USA don't have access to basic sanitation, not 30 millions like in Russia.

Are you sure about 11%? From what I can find it's 4.5-5% of GDP, but still, it's 2x more than most civillized countries spending

He's joking because UK along with USA cheers not only for as many Ukrainians and Russians deaths, they like weakening EU, too.
Brexit didn't happen randomly

...
In other news,
https://www.bloomberg.com/news/articles/2022-05-18/yellen-confirms-russia-debt-payment-license-extension-unlikely

Ahh the, you default because i won't accept your payment, logic. I'm not sure if USD can be militarized anymore than this, so they decided to totally kill USD as a global reserve currency, how much of the US debt do they expect China to buy up after such antics? US cannot run on balanced budget especially now, so Yellen will need to force EU (Germany/France) to start propping up USD at the cost of EUR. USD/EUR parity incoming. Scholz and Macron are set up to be played hard, guess that's why they're running around the way they do

Europe’s fertilizer crunch is deepening with more than two-thirds of production capacity halted by soaring gas costs, threatening farmers and consumers far beyond the region’s borders.
“We are extremely concerned that as prices of natural gas keep increasing more plants in Europe will be forced to close,” said Maximo Torero, chief economist at the United Nations Food and Agriculture Organization. “This will switch the EU from being a key exporter to an importer, putting more pressure on fertilizer prices and consequently affecting the next planting season.”
About 70% of capacity is offline, according to Fertilizers Europe, which represents most of the continent’s producers.
...
This week, large producers, including Norway’s Yara International ASA and CF Industries, curtailed or halted output. “We confirm we are reducing and stopping production of some fertilizer plants in the different EU sites and this for economic reasons,” a spokesperson for Borealis AG said in an emailed response to questions.
...
The industry must also contend with US and European Union sanctions on potash sales from Belarus and China’s move to rein in shipments. Trade in Russian nutrients has suffered from many shippers, banks and insurers self-sanctioning, as well as difficulties in servicing exports from Russia, a big supplier of every major type of crop nutrient.
...
Millions of people across Africa already face starvation and a projected 7% decline in global fertilizer next season

British consumer price inflation is set to peak at 18.6% in January, more than nine times the Bank of England's target, an economist at U.S. bank Citi said on Monday
...
Consumer price inflation was last above 18% in 1976.

https://twitter.com/justinsuntron/status/1558397647165091840


Lol. People blaming decentralization for this. Don't fall for shitcoins like AAVE or shitwallets like Wasabi. You cannot regulate decentralization. All attempts will fail.

Personally I call bullshit on that.

If they're going to mine standard blocks it'll be more because they don't have enough people to maintain a monster-sized codebase with their own censorship additions AND fend off the security vulnerabilities all the while, rather than any change in morals they might have had.

I've been thinking one of these years, I start my own mining operation to offset any crap that Marathon runs on the network.

"Marathon is committed to the core tenets of the Bitcoin community, including decentralization, inclusion, and no censorship," said Marathon's CEO Fred Thiel. "Over the coming week, we will be updating all our miners to the full standard Bitcoin core 0.21.1 node, including support for Taproot. By adopting the full standard Bitcoin core node, we will be validating transactions on the blockchain in the exact same way as all other miners who use the standard node."

Yes, this is how it works. I can't see anything illogical in this statement. How does Himars affect culture?


Idc, man. Since they're giving to us weaponry and money, I'm fine with that. In fact, typical "Israel case". USA and Israel HAD, have and will have a lot of disagreements in politic. Despite this was never a reason to Israel to reject american help. So you should try better

Psychotic breakdown seems a bit exaggerated.

I think he talks about this tweet
https://twitter.com/VitalikButerin/status/1553563862942633984



However, meth-head Vitalik might know a thing or two about clowns...

Sure, let's make a chapter called "Stalin, the friend of Ukrainians" mandatory reading in Ukrainian schools. We do not want to censor anything do we?

...

You know Russia invaded Ukraine right?  They're handing out passports in the areas they occupy and bombing the areas they don't.  Putin literally said Ukraine isn't a real country.   The book ban you're talking about happened after the war started, not before.  It was a response to Russia trying to destroy Ukraine literally, and you're trying to make Russia out as the victim because they banned Russian books....in the middle of the war...Such a stretch, c'mon you know better than this.  You can't invade a country and then criticize them because after you invaded they banned your books.

...Blah blah blah ...
This is called "protectionism of your own culture". If you want, you can listen russian content on russian resources.
...Blah blah blah ...
Bigger amount of Himars - faster we will get to the point where orcs will be left without artillery. And this is really not good why americans don't want to provide a bigger amount of Himars to us.

Here's an actual paper, instead of  fake pro Putin opinions. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193

"Abstract
As the Russian invasion of Ukraine enters into its fifth month, a common narrative has emerged that the unity of the world in standing up to Russia has somehow devolved into a “war of economic attrition which is taking its toll on the west”, given the supposed “resilience” and even “prosperity” of the Russian economy. This is simply untrue – and a reflection of widely held but factually incorrect misunderstandings over how the Russian economy is actually holding up amidst the exodus of over 1,000 global companies and international sanctions.

That these misunderstandings persist is not surprising. Since the invasion, the Kremlin’s economic releases have become increasingly cherry-picked, selectively tossing out unfavorable metrics while releasing only those that are more favorable. These Putin-selected statistics are then carelessly trumpeted across media and used by reams of well-meaning but careless experts in building out forecasts which are excessively, unrealistically favorable to the Kremlin.

Our team of experts, using private Russian language and unconventional data sources including high frequency consumer data, cross-channel checks, releases from Russia’s international trade partners, and data mining of complex shipping data, have released one of the first comprehensive economic analyses measuring Russian current economic activity five months into the invasion, and assessing Russia’s economic outlook.

From our analysis, it becomes clear: business retreats and sanctions are catastrophically crippling the Russian economy. We tackle a wide range of common misperceptions – and shed light on what is actually going on inside Russia, including:

- Russia’s strategic positioning as a commodities exporter has irrevocably deteriorated, as it now deals from a position of weakness with the loss of its erstwhile main markets, and faces steep challenges executing a “pivot to Asia” with non-fungible exports such as piped gas

- Despite some lingering leakiness, Russian imports have largely collapsed, and the country faces stark challenges securing crucial inputs, parts, and technology from hesitant trade partners, leading to widespread supply shortages within its domestic economy

- Despite Putin’s delusions of self-sufficiency and import substitution, Russian domestic production has come to a complete standstill with no capacity to replace lost businesses, products and talent; the hollowing out of Russia’s domestic innovation and production base has led to soaring prices and consumer angst

- As a result of the business retreat, Russia has lost companies representing ~40% of its GDP, reversing nearly all of three decades’ worth of foreign investment and buttressing unprecedented simultaneous capital and population flight in a mass exodus of Russia’s economic base

- Putin is resorting to patently unsustainable, dramatic fiscal and monetary intervention to smooth over these structural economic weaknesses, which has already sent his government budget into deficit for the first time in years and drained his foreign reserves even with high energy prices – and Kremlin finances are in much, much more dire straits than conventionally understood

- Russian domestic financial markets, as an indicator of both present conditions and future outlook, are the worst performing markets in the entire world this year despite strict capital controls, and have priced in sustained, persistent weakness within the economy with liquidity and credit contracting – in addition to Russia being substantively cut off from international financial markets, limiting its ability to tap into pools of capital needed for the revitalization of its crippled economy

Looking ahead, there is no path out of economic oblivion for Russia as long as the allied countries remain unified in maintaining and increasing sanctions pressure against Russia, and The Kyiv School of Economics and McFaul-Yermak Working Group have led the way in proposing additional sanctions measures.

Defeatist headlines arguing that Russia’s economy has bounced back are simply not factual - the facts are that, by any metric and on any level, the Russian economy is reeling, and now is not the time to step on the brakes.

Download the visual slide deck accompanying this research monograph here: https://yale.box.com/s/7f6agg5ezscj234kahx35lil04udqgeo

Click here to read a brief summary of our research in Foreign Policy:
https://foreignpolicy.com/2022/07/22/russia-economy-sanctions-myths-ruble-business"

When one country invades and the other says "we don't want your books anymore" it's absurd to claim "discrimination". Come on, master of whataboutism, find us some historic analogy. Like Russian imports of German books during WWII.


That's your conclusion, not sure why you're ascribing that to me. I'm sure there are many bad books issued in countries that Ukraine has good relationships with. I never argued otherwise. It's a tangent that doesn't mean anything in the context of restricting book imports from a country they're at war with.

Why are you so stupid? Oh wait, let me clarify: From your link, it's obvious that Ukraine banned russian books import, not books itself. So you can translate any russian author into ukrainian and sell it without any problems.

In difference, books that banned in russia, banned entirely. It doesn't matter on which language you will try to read it.

I hope at least you get paid for your bs  

Certainly the whole argument is ridiculous. Is like asking Israel to make Mein Kampf compulsory reading at school or making Carl Marx a compulsory reading at Texans schools. They somehow keep on insisting that Ukraine should actually be praising and chanting about the main language of the state that is trying to annihilate them. Senseless at all point.