Yeah, I am kind of the opposite of that, I guess.  Was a performing drummer, and studio owner for decades before accidentally getting into what I do now.  It's definitely a gilded cage.

I do not work for a payor, but a hospital system.  And I am a highly specialized EHR analyst.  I am certainly replaceable, but we are sort of a rare breed.  Good ones even rarer.  I get to work 100% remote.  If bitcoin can do one more bull run, even if it's not as ridiculous as the previous ones, then I will go back to the business I worked in for most of my life which is music.  But until then healthcare pays well enough that I can send my children to college (which is an EQUALLY screwed up industry).  Music is a hard way to make money.  Well let me correct that.  It is an EASY way for *me* to make money, but not an easy way to make the KIND of money my current job allows.

I have no doubt that your points above are valid.  And also believe COVID is being used to financial advantage by various medical institutions.

That said, I currently work for one of the largest non profit healthcare systems in the US.  I do not know how it is looking for other (especially large) systems but we are burning cash at a stupefying rate and COVID is not a net help to our bottom line. 

In fact I believe we are in the 9 (and maybe 10 by this point) figure RED in lost revenues for 2020 so far. This is primarily caused by the fact we are having to cancel all "non essential" services.  In May, I think, I took a bike ride by one of our largest Entities.  The ED, and the L&D had action, but the ENTIRE REST of the campus was a ghost town.  I rode up and down several multi story parking decks, usually full to bursting that were entirely ghost-towns. no one there.

It is cataclysmic.

Why do you criticize so much?  And read so much into what someone types?

My thoughts on this are simple.

Money is being printed like never in the history of the world.
Boomers (Mostly fund managers and up) are shoveling it into stonks.
Stonks benefit more from money printing than corn.

When boomers actually catch the digital gold meme they will start shoveling their excess money into corn.

There are no tragedies, or dilemmas.  Nor major proclamations.
But during this historically interesting time of extreme monetary stimulus we are clearly seeing Nasdaq and gold benefit more than the new kid on the block.

That is boomers.  Plain and simple.  That's why the beneficiaries are gold and stocks.

The fact is they have 80% of the money.  At some point they will reach a knowledge tipping point and start shoveling our way.  The extra smart ones have started already.

This is the herd we have been waiting for for years.

To me that hypothesis is extremely strong, and bullish.

It really might be the boomers who eventually cause this to flip.  It is they who are keeping the market ponzis rolling.

Best magic 8 ball ever.

I certainly hope we are not headed down some semantic rabbit hole about who changed what... but...

The most obvious change.  They have taken the big block ethos to it's end.  They did not only lift block size limitations, but the community has been building applications and uses that encourage as much use of the blockchain as possible.  They ridicule the BTC camp for it's Raspberry Pi nodes and have embraced the idea that nodes (which for them are de facto miners) will be big server farms pushing the boundaries of storage space, network bandwidth and computational resources.

Not only that, but the leaders of this have also pushed forth the idea that censorship resistance was never part of Bitcoin, and that it will be safe for blockchain maintenance to be handled by the anointed few partly because the blockchain will then also be subject to rollbacks, and censorship in cooperation with governments.

I am aware the Satoshi posted on this forum about mining being specialized hardware in server farms etc (I was a lurker back then).  But he also talked about people becoming vigilant about space/bandwith/cpu requirements in the future.  I also never read that he had begun to see that mining and consensus/verification would become two distinct things that could split into specialized groups.  I think Hal got that (and therefore possibly SN too?)   But Satoshi seemed to be of more than one opinion about how mining/consensus would evolve.  But what he did not seem to be two minds on is trust minimization, censorship resistance, and the need to avoid trusted third parties.

And those foundational blocks of Bitcoin are being cheerfully removed by the BSV camp.

I see it talked about very infrequently, but ui do believe one of the reasons for this is there are people who are attempting to use the courts to end up forcing a legal precedent for the keys to the early Satoshi block rewards to be handed over to them by force.  They hope for this to be done on the BTC chain, but they will at LEAST eventually achieve this on BSV.

The whole thing is a giant cluster, and the fact someone as smart as you can ignore the giant problems and warning bells here both amazes and concerns me.

Indeed so.  And it's worse this time... wonder what that means?

The issue with Jack at this point is his divisive status in his own company.  He has enemies on the board, and this latest hack is not going to bode will for him personally, I am afraid.

No, actually it's me too.

That said, when it hits major milestones I might perk up about it...

I am not sure that JJG was the cause.  Maybe... but I do think it had something to do with BLM social unrest disagreement?  Not sure.

Huge loss though.  I think of him as part of the WO's soul.

Hopefully he will come back after a good cooldown.

I wrote a script to delete everything off twitter once...

That's a red herring.

That's like saying the kitchen table is never perfectly clean, so I might as well take a huge steaming dump on it.

The goal is to move as far in the decentralized direction as possible.  Perhaps like "trust minimized" we should say "centralization minimization".

But I do not know why I am talking to you.  You are just parroting the talking points of your puppet masters.

The changes BSV makes to the protocol will inevitably centralize the protocol, and this is being touted as a feature, not a bug by the leaders.


That vision is NOT decentralized. 

Period.

I would assume the Owners of Morphtoken, and the traders on Bisq are also seeing a bit of an uptick.

The further we go, the more absolutely ridiculous it is for Monero to continue to be this ignored.

No altcoin narrative comes CLOSE to the reality of Monero's fundamentals.

DeFi (whatever that even is) is where all the lemming energy is currently focused.  But all the while real action is happening here.

I guarantee one thing.  Governements have already been planning their attack.  Because this tool is WAY more powerful than they can contain.  It is possible that the wiser among them have also realized that an attack on Monero would only serve to legitimize it.

Most of "crypto" is made of alt casinos, and Rube Goldberg perpetual motion machines. But there are two narratives that actually matter in my opinion:

- perfect digital scarcity with censorship resistant value storage and exchange while limiting trusted third parties
- cryptographically sound privacy maximized cash transfers

In the sea of noise and scams these are the only things that actually matter.

I am weary from the waiting for the rest of the world to begin to see it.

As much as I like that law at first glance it would CRUSH markets.  Decimate them.

They should let each investor do it on their birthday.

At a glance they all look full.  We just have a good backlog currently.

Hashrate has nothing to do with how quickly we clear the mempool.

Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.

I am wondering if this is not some sarcastic post.  He is not exactly one to take that ideological line.

Wait!?!??  You evidently do not know how much I rely on your interpretive titles!  Mainly because I have no idea how to read ichimoku cloud charts.

But i imagine you get worn out from time to time.  NEVERFEAR!  I got you fam.


Camel goes for a swim...
Nessie burps.
Where the wind comes sweeping down the plain!!!