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At least India have pharma factories that can manufacture vaccines.
Plenty of other countries only have one option: buying them.
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I have good feeling about this attack on 58000.
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No matter what, "Stacking Sats" is genius marketing.
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Hacker News commenters are IT professional who think they figured out the system, it works fine for them.
They'll create the next Snapchat/TikTok and strike it rich.
Bill Maher is already rich (donated $1mil to Obama campaign, iirc), people like him are instinctively want to protect the system.
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Hal Finney used $200 trillion as estimation for worldwide wealth.
He divided that number by 20 million bitcoins, and the result is $10 mil per bitcoin estimation.
Ok, sounds more reasonable, but still, Worldwide wealth doesn't matter, that's in no way a cap on any commodity. Is there a historical example of some commodity that worth more than worldwide wealth? I don't know, and I'm too tired to look. Of course there no such examples. It should be obvious: The price of all gold in the world never exceeded the worldwide wealth. The price of all copper in the world never exceeded the worldwide wealth. The price of all real estate never exceeded the worldwide wealth. Because the worldwide wealth is the sum of all that stuff. |
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I believe that within 30 years bitcoin will be worth around 1billion USD in todays money.
So the total value of all bitcoins would be... 100x of worldwide wealth? Seems that Arriemoller is accounting for ongoing denigration of the dollar - so maybe $10million and $1billion will be the same? hahahahahaha.. but I see your point, Phil_S. Here, I highlighted the relevant parts in bold. |
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Hal Finney used $200 trillion as estimation for worldwide wealth.
He divided that number by 20 million bitcoins, and the result is $10 mil per bitcoin estimation.
Ok, sounds more reasonable, but still, Worldwide wealth doesn't matter, that's in no way a cap on any commodity. Is there a historical example of some commodity that worth more than worldwide wealth? |
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Hal Finney used $200 trillion as estimation for worldwide wealth.
He divided that number by 20 million bitcoins, and the result is $10 mil per bitcoin estimation.
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95.2 million barrels of oil was produced daily in 2019.
The price was something like 65 USD a barrel.
95,2 million times 65 USD is a lot more than the world wide wealth of 10 million dollars, how is that possible? there is no way people is going to be able to buy all that oil, there is not enough money in the world.
World wide wealth is not 10 million dollars. |
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I believe 10 million is a very conservative estimate.
So you think the total value of all bitcoins reaching the total worldwide household wealth is 'conservative'? I think Hal was trying to estimate the upper limit for btc price. I believe that within 30 years bitcoin will be worth around 1billion USD in todays money.
So the total value of all bitcoins would be... 100x of worldwide wealth? |
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Imagine telling 2013 yourself that doom-and-gloom in 2021 would look like this:  Looks more like we'll be "testing" $20k soon.
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$6 trillion is about 240 NASA budgets.
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Solution: Don’t run executable code from unknown sources.
The .exe might be perfectly fine, from a known source. Yet malicious payload might be hiding in .dll Freshly downloaded .dll from a compomised update (supply chain attack). According to your logic, these 29,000 users did nothing wrong: As many as 29,000 users of the Passwordstate password manager downloaded a malicious update that extracted data from the app and sent it to an attacker-controlled server. Bad actors compromised its upgrade mechanism and used it to install a malicious file on user computers. They trusted the software and its update mechanism. |
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'2x per year' lines update (vs 7-day average):  Hats off to Phil_S for this chart that sees 2x still hold as of april 2021 (and that the recent insane spike to $60,000 is within the high bound and nothing really special eg is less in relative terms to the $17,000 spike.) For any newbies on this site this chart basically says buy now. Sure, I and some others think the price will resettle in the region of $12,00-$30,000 for a bit so you may not want to go all in at $50,000 which is about where its at today but even if you bought lots very soon (in the next year say) it will all come right in a matter of a 1 year or two after that when you join the the "doubling bandwagon". GO BITCOIN GO! Thanks! Update:  |
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47 -> 53 in 9 hours. Not bad.
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OT: since people are posting temp graphs...it is a distinct possibility that we are going into a solar activity minimum, Dalton-like almost guaranteed, Maunder-like is possible. If so, temp will decrease or remain subdued for what could be 40 (Dalton-like)-70(Maunder-like) years. Hopefully, south-east TX would become a bit colder/drier  . Sun spots are pretty small, so Sun's energy output barely changes, maybe up and down 0.1 percent or so. |
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Reminder: don't trust password managers... Backdoored password manager stole dataAs many as 29,000 users of the Passwordstate password manager downloaded a malicious update that extracted data from the app and sent it to an attacker-controlled server. Bad actors compromised its upgrade mechanism and used it to install a malicious file on user computers. Also: antivirus software is useless. What a surprise. First-stage payloads uploaded to VirusTotal here and here showed that at the time this post was going live, none of the 68 tracked endpoint protection programs detected the malware. Researchers so far have been unable to obtain samples of the follow-on payload. |
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4 year shift 16x price shift   It does look a little bit like mid-2017... |
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 It feels like something might happen, and soon... Hopefully, in the UP direction. |
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