Interesting but I'm still skeptical on their capacity.

Germany's gas consumption is about 250 million cubic meter per day and Qatar is already producing only 50 million cubic meters of gas per day. The numbers don't add up because this requires a super expansion to reach an additional 50 to 60 million cubic meters of gas (20-25% of Germany's consumption). I've also heard that the gas levels are falling under ground which would actually decrease amount that is being extracted (we share the gas fields with Qatar and that's one of the challenges we've been facing).

You also didn't mention anything about the price of this gas. LNG is generally more expensive considering the complexity of the process and the shipment costs.

Definitely. It is like halving where people think price is going to magically jump on the exact day that the block reward is cut in half so they buy bitcoin 2 months before the halving and sell a couple of days before the halving! Funny thing is that they always forget there was a hype right after the halving and price remains stable.
I agree that we can't change it but we have to continue fighting superstitions

When you are calculating total computing power, you should keep in mind that usually when the number of cores in a CPU increases their individual clock speed decreases. That's because high CPU clock produces a lot more heat than a low CPU clock, with more cores you get more heat and at some point it would take a lot to cool the CPU down.
For example core i9-10980XE has 18 cores but speed is 3 GHz while core i7-7740X has 4 cores with the speed of 4.3 GHz each.

I don't know much about El Salvador economy but is the amount of bitcoin they have really considered high allocation? Last I checked it was about $70 million worth of bitcoin and most of it was bought around $30k so they don't seem to have really lost money either.
I actually think this was a good move. Bought in some of the dips and they are going to hold it as a valuable asset. We all know how bitcoin's long term appreciation is and risking $100 mil on it could be a good investment.

It doesn't really matter specially when you are looking at weekly candles but we had a pretty similar pattern in 2014 with 6 subsequent red candles and if you ignore the 2 tiny green ones (since they don't change the trend) or change the way you calculate weeks you end up with 13 subsequent red candles.

Don't you mean Forex?
I'm curious as to what you learned in that class. I wouldn't call it a scam like @DireWolfM14 but it definitely sounds fishy. It could have been one of those useless classes where they don't even know what they are teaching themselves although these things usually take place online.

ASIC is like a specialized hardware designed to run at maximum speed to perform a certain computation, in this case SHA256 hashes. Not to mention that they are very efficient when it comes to energy consumption. CPUs can not compete with that.

You need reproducibility when it comes to difficulty target and it can not be achieved using something that is not stored (mempool that only resides in memory). For example when a new node comes online, or an SPV client starts syncing they need to be able to validate the historical blocks or the headers and one of the steps is to verify the target which they won't be able to do.

There are obviously a lot of places that you could live a decent life only with $1500/month and it doesn't have to be a developing or an underdeveloped country. Essentially any country that (1) hasn't been plagued with Capitalism and (2) has good amount of natural resources so it doesn't have to import much (3) has a production based economy (opposed to credit based economy) would have a low cost of living.

But cost of living is only a small part of what you should be looking for if you want to migrate there. I'd say the biggest challenge is the cultural differences. For example if you go from US to Canada, there won't be that much of a difference but if you go from US to Asia then the difference could be massive. That's on top of the language barrier. You may not be able to fit in or accept the new culture.

I'd say Iran is the only developed country with the lowest cost of living. Iran is also among the top 20 biggest economies and checks all 3 boxes (not plagued with capitalism, has high natural resources and is the most independent country when it comes to production of most the nation's needs). Part of the reason for the lowest cost is the exchange rate.

If I tell you my utility bill you won't believe me. I just paid a total of about $4.9 for phone, internet, mobile, gas, water and electric bill. And that's for 2 months not one since bills come every 2 months
But then the internet speed is considered low in Iran specially these days mobile data is bad since the number of users is growing a lot faster than the infrastructure has been able to grow (90% of the 85 million own at least one phone actively connected to 4G).

Real estate cost depends a lot on the location. In the capital the price is ridiculously high, in some cases are higher than most expensive ones in Europe. But if you don't need to live close to work for example, and just want to build a villa and enjoy life in the beautiful 4 season country lower prices could be found.
If I wasn't so busy with my job I would have already bought a land and started building my own modern villa. By my initial calculations, somewhere close to the sea in Northern Iran a 1000 sq meters land and the cost of construction, etc. would be between $350k to $500k.

I own an apartment so I don't have any rent, unfortunately the rents could be very high and would eat through one's salary. I also don't pay any taxes because I live in a tax heaven! So I'd say my cost of living is about $50 a month. Of course that doesn't account for the extra shit I buy. For example I recently bought a new sofa set with handcrafted wooden tables, etc. that set be back a grand.
I believe the minimum wage is somewhere between $110 to $130 a month for workers. But an engineer with masters degree like me is paid from $250 to $500 a month. (I think I'm converting stuff correctly to USD although it's late at night and I'm tired lol).

The medical system here is excellent and the costs aren't that high. In fact this has turned Iran into an excellent choice for I think is referred to as medical tourism.

The food here is fantastic too. None of that genetic crap that has no tastes and induces cancer. 90% of the food is organic and cheap. Since someone mentioned rice above, the top quality Persian rise costs $2.66 per kilo although the one I buy is from Southern Iran with a unique taste and aroma that costs $1.66 per kilo ($16.6 per bag).
Speaking of food here is Iran from point of view of a tourist focusing on the wide variety of foods: https://www.youtube.com/playlist?list=PL_YfaTnGXmTH6XJOo143UzIXkRLcUgtEg

As far as safety goes Iran is considered more secure than European countries like France or the UK.

But of course not everything here is hunky-dory. I mentioned some stuff I could think of above but I think we could say one of the biggest issues that has plagued the country has been weird inflation. For example real estate price went up 14% this week in the area where I live for no reason
The other problem is of course sanctions since Iran has been the most sanctioned country in the history for the past 43 years. I think we hit the record of 5000 sanctions last month ... woot woot.
That could cause problems at times. For example price of computer hardware skyrocketed but they came back down slowly or during 2019-2020 when the pandemic began there was a lot of shortages which we couldn't import like ventilators but almost all the time this ends with domestic production followed by quality control and finally exports to compete on the global market with a higher quality but lower price product. (We currently export advanced medical equipment to 55 countries.)

I can't think of anything else but feel free to ask.

US and Europe have not done a single thing to harm Russian economy. If anything EU has helped rebuild Russian economy ever since they invaded Ukraine. Have you checked Ruble exchange rate lately? It is at an all time high ever since 2015!!!

US tried to turn Ukraine into Afghanistan for Russia and make them get stuck there like US did for 20 years spending $7 trillion while achieving nothing. But so far the biggest harm has come to innocent people of Ukraine who are being killed or dislocated and then EU with the way inflation and food scarcity is hitting people pushing middle class into lower class and lower class to homelessness.

Right on point but the collapse is more obvious now, otherwise the main turning point was 43 years ago when one of the oldest civilizations in the world started reviving itself by first kicking US out and revived what Robert D. Kaplan refers to as the same empire that expanded from Mediterranean sea in the east all the way to China in west; from Black sea and the Caspian sea in the north all the way to the Northern Africa.

What did Iran do? LOL

US And EU begging Iran and Venezuela for oil should be the proof that nobody cares about anything when economy comes in. The recent travel of Enrique Mora to Iran begging to buy energy from Iran is also another indication.

It is not going to happen because as I said before, Iran doesn't need it; and the Iranian oil has its customers already. Not to mention that the lower supply in EU is increasing the price which is beneficial to all countries with oil and gas to sell.

Qatar is trying to hold the olive branch but I don't see that much changing. Keep in mind that Qatar owes Iran its survival when it was surrounded by bloodthirsty Arab countries trying to cut it off from the rest of the world and destroy their country. Due to its geography they will continue needing Iran for their future survival. It is clear from the relations between the two countries.

Price and safety are two entirely different concept and when it comes to "manipulating" them the situation is very different.
When it comes to security of bitcoin, no level of manipulation is acceptable and it has never happened despite numerous attempts such as the scaling "wars" between 2014 and 2017.
But when it comes to price, it can be and has been manipulated. The numerous unreasonable jumps and the unreasonable drops are clear indications of that. In case of price manipulation a degree of manipulation has always existed that has not been dominating the market and we get accept it. Otherwise if the manipulation was dominating the market, that could affect the security too.

I think the recent events affecting our world specially in EU are a clear indication that it is actually very easy for the cost of energy to skyrocket.

This is a naive interpretation of how money should work, in my opinion, that comes from the traditional form of money namely fiat currencies that have no supply limit and keep being printed while the governments try to justify their value by claiming they are backed by something whether it is gold or something else like oil (Petrodollar).

Bitcoin broke free of these traditions and naive interpretations of money. It has limited supply and its value comes from its utility hence determined by the level of adoption it has.
As a matter of fact the cost of production is also affected by the price not the other way around.

I'm not suggesting your arguments are completely wrong, but I say things like energy cost, computing efficiency, etc. are some of the factors contributing to bitcoin value.

It is so much easier to hide a tiny piece of paper at home than it is to hide anything else. For example I have a lot of books at home, a bunch of documents, etc. that makes hiding some text inside one of them very easy.
Not to mention that a thief coming to your home would steal other valuables such as jewelry not search for your paper wallet which could be encrypted which would make it useless to them.

It is not very crazy to imagine considering the way that US dollar is being printed non-stop while not being backed by anything anymore. Soon we will have to stop measuring the value in fiat and start measuring it in goods instead.

Bitcoin broke all the traditions when it comes to currencies.
It has no physical form.
It has no central authority controlling it.
It has limited supply.
It is global.
and more.
Why shouldn't its unit be any different? Although it is not different  the way you think. The difference is that you can use any unit you like. For example I also like the satoshi unit and that's what you can use. For example something worth $1 is also worth 3300 sat.
In other words the difference is in the freedom to chose any unit you want. It is also reflected (to some extent) in wallet softwares.

Not necessarily. Transaction fees are mostly affected by market volatility these days and if you look at the past 7 days for example[1] we've only had 2 big spikes and 2 small short lived ones. The rest of the time (Tuesday, Wednesday and Friday then Saturday and Sunday) the fees were at the minimum 1 sat/vbyte.

[1] https://jochen-hoenicke.de/queue/#BTC,1w,weight

I can't even begin to imagine how the weak hands are going to react when they are forced to accept yet another ugly truth about centralized altcoins. It would be a funny market then.

Coinmarketcap.com has an interesting page that shows biggest gains AND biggest losses which is a very interesting page. You see this "outperformance" every day where the rises shitcoins have make bitcoin rises look silly but also this is interesting because right in front of them there is the dumps that tells the viewer about what they should expect next.
Right now the dump part is so funny because it was so big that the percentage rounded up to 100% and the price is so ridiculously low that the number of zeros in the price doesn't even fit in the cell

https://coinmarketcap.com/gainers-losers/

@Synchronice thanks for your input again but sorry I have a hard time believing you when people I know in real life are saying it and also many different media outlets like businessinsider (published on May 9, 2022) are also talking about the same shortage.
Or maybe that is all propaganda?!

People who respond to questions like this do not represent the whole bitcoin owners and that is only assuming they didn't lie.

Wrong. PoW doesn't do that at all. The whole design and usage of a blockchain does.

People like Franky should propose their "better" solution instead of blindly attacking what others have proposed which is working.

Wrong. BSV and any other copycat is considered an altcoin because they are not bitcoin. Simple as that. They are considered shitcoin because they have nothing to offer and they just copied bitcoin, added some flaws to the protocol and are running with far less hashrate.

Bitcoin is already functioning as a currency. It is not perfect but the humanity has never been capable of building a perfect system ever. Expecting otherwise is naive. Bitcoin has reached a nice balance between decentralization (and all its benefits) while functioning as a currency.

I disagree. I've only seen very few people who think they must buy a whole bitcoin and the reason why a lot of people buy shitcoins is because of the promises that shitcoin pumpers give them. Promises that they will never receive from bitcoiners. Fake promises telling them that they are going to become rich since their shitcoin is starting at $0.000001 and is going to reach bitcoin price!!!
This is also not specific to Africans. It's happening everywhere.

This could be solved by investment and effort. It doesn't have to be a massive farm, they could start small by installing some solar panels and import some ASICs and get to mining bitcoin then slowly expand their business if they are good at managing money and their business.
I've seen others do it in poorer countries with far more issues like Venezuela.

Not really considering the fact that 99% of the time bitcoin fees are very low.