the high school economics think double the money in a country is a tax as it doubles the price of goods..
but this is not true

there is no single circulation
much like bitcoin. there are a hoarder allotment. and an exchange orderbook allotment
bitcoins price changes only by the orderbook allotment

in fiat.
there is the M1,M2,m3,etc different allotments
most of the printed money did not go to the general circulation of citizens.
it ended up in the investment allotments of derivatives.
so it has not cause any real huge 'inflation'

yep thats right. governments can create money and hide it away in the elitists pockets and not affect the citizens circulation(part of trickle down economics. flood the reservoir then trickle down streams slowly)

now here is the other part of why they print money.
if china had GDP of say $14trill. and US had GDP of $20trill  (china 70%)
if china added $3 trill.. that alone affects the forex exchange rate(china 85%)

US then would have to jump the GDP up by a little over $4.3trill just to bring the balance back to 70%.
oh and ofcourse to keep america declared as the economic/top superpower by a nice margin of 30%

so what you find is yes america mostly printed money to stay ontop of the superpower list and hid that money away in the upper tier economy so that it would not cause a massive 20% inflation  

an ETF is not the same market as the bitcoin market.
the bitcoin market can and will change with ETF precent

what you will find is that for every bitcoin it will represent as say 10000 shares of an ETF

meaning if the price changes from $49k-$51k on the bitcoin market
it will only appear as a $4.90-$5.10 change on the ETF share market
something they can handle

..
as for what to expect when the first ETF is approved
well two things
if that approved ETF has not bought large yields of bitcoins to custodian-ise. they will.
also the other companies will see the approved ETF application and use it as a template for how they set their business. afterall why confuse regulators. just copy and paste the approved one. and boom. next one gets approved as its the same thing(pretty much an auto accept)

you will see a few ETF jump in in quick succession offering the same proposal and needing to then grab up lots of bitcoin to fill their custody trusts.

so the bitcoin exchanges will see a jump in price with large yield coin buy-ups

quoting for posterity. first time i seen doomad out his on fangirlism for another network.. maybe worth some merit for this admission


dang agreeing with doomad twice in one topic.
.. guess ill have to hand him some merit after all

rare.. but it happens

..
but lets correct him in one part.. and hope he takes this moment to learn

the SEC is not just 'legit cos kyc'
the SEC is more involved.
there are two sides.. regulation and protection
things like liability insurance
regular audits
policy handbooks

registering as a money service business is not just the KYC stuff.. its actually the consumer protection stuff.
maybe try to learn what it takes to be a MSB and whats involved.

the bills wording is clearly about MSB's (money service businesses(custodians))

it clearly says about people that take responsibility of another persons funds for the service of transfering to another person

the very description of custodians

pools are not custodians. neither are software developers
neither pools or software developers have to register as being a MSB

seems oeleo is weirdly obsessed to trying to misinform the community that this bill is about software developers by jumping into every topic of the bill to push a campaign to spamming representatives about rewording to exclude software developers..
.. thats like saying redraft it to exclude people selling banana's for bitcoin.

he is another network fangirl and should actually worry about the other network he loves to much having MSB issues in regards to routing. and he should be concentrating on getting a redraft to exclude hobby/individuals who use routing to be excluded excluded.
(a useful campaign that will make good use of his time and help him personally)

maybe a simple redraft of 'businesses' as the first word instead of 'persons'
a very simple and acceptable change..  

again for context and emphasis.. software developers and pools are not custodians so they wont need to register as MSB
so no redraft is needed to clarify that because its actually pretty clear.
but if getting petty then yea 'businesses' instead of 'persons' makes it abundantly clear even to the idiots

some are just so blind that they might aswell pull the propaganda cord fully and make more crap up and make more fear that people that sell banana's are 'brokers' because they take money from one(customer) and give it to another(employees)
but common sense and logic and a sense of reality of how the real world works know that a banana retailer is not a broker and doesnt need to do KYC on customers
seems oeleo is just following some campaign he seen on twitter without actually doing the independent thought. a tactic i seen him do many times of just blindly following propaganda scripts

a software developer doesnt even take in money to give to others..
a pool doesnt even become a custodian to take in money

when people actually think. and really think.. the bill is clear. it is not going to harm software developers and pools. so no re-draft is needed

COMIRNATY IS THE PFIZER-BIONTECH VACCINE

politics can be pure if they first get their pledge/mission statements right and then actually have a method of penalty for not doing it.
actual accountability comes first

next is to take out the personal greed and desires. this means if a politician wants to be a millionaire. then they should not apply for a roll that pays 10x less than a million.
they should only be candidates if what they want is to be the listening ear of citizens and push through the goals of citizens.

this leads onto not listening to corporations. take capitalism out of politics. if businesses want to thrive then the business has to thrive by offering citizens what citizens want not by offering politicians something in exchange for a loop hole

if politicians and corporations FOLLOW the citizens needs. and not there own. then politics has a chance of being less dirty.

the U.S mission was not to bring peace to the middle east. it was toprevent middle east terror from invading the U.S
the US went in to the middle east to deal with al-queda. where the U.S only seen the talibans failure as them not extraditing al-queda and not handing osama bin laden to the U.S.
later they found out that osama was actually in pakistan.

so U.S mission was not to do much with afghanistan 'peace process' as a couple years later the U.S moved out its main mission from afghanistan to other middle east countries as their 'war on terror' was needed elsewhere

the US pretty much had no big problems with the taliban. and instead was just using 'taliban' as a mouth piece for media as their reason to spend so much money.

there were ~2350 U.S troop losses .. but yea when a guy with a gun meets another guy with a gun. expect losses.
when you compare troop losses of the U.S to the troop losses of other countries (60,000) the U.S has not had much 'damage' to its defenses.

what america finally realised is that the taliban were not much of a threat. compared to al-queda. the taliban were around way before america invaded and would be around much longer. so america done a deal with the taliban to allow the taliban to take over unrestricted as long as they join the U.S effort to not let al-queda gain ground.
(this is factual details that has been public for over a year. trump signed off on it. its public knowledge)

as for charlee-tims account of the the BBC report on the womans experience of taliban treatment.
taking the report and asserting come calm, composed common sense logic.

media present taliban as extremists that if they just see a woman walking alone they would kill her in the streets..

yet reading her account.
a woman with no bullet proof vest and no chainmail jacket.. walked upto a taliban and got asked why is she alone. and guess what.. she was let through and survived without even a whip or shot(logical conclusion)

as for the 'they fired bullets into the air' well the queue for the airport is hundreds of thousands of people long. if the taliban were to rip off a dozen bullets into the air every time they seen a woman. they'd be out of bullets within the ahour

again she may have felt petrified due to how the past has propagandised things. where she may have heard horrific stories on the news. but her actual experience just a few days ago. was not an experience of actual terrorism or torture. so it seems the taliban have actually softened up compared to the stories portrayed over the last 20 years
(common sense) if the worsed interview they can find is a woman being asked why is she alone... it kinda sends a message that the real experience is not as bad as the one portrayed by headlines and propaganda

im not siding or fanning the taliban. i beleive there needs to be a proper organised election with proper experienced and willing candidates and a formation of a true government that wants peace..
.. but when media shout out terrorism and torture and unsanctioned take overs.... that is not really whats actually happening when you sit back and actually process the real things being said

the U.S agreed to let the taliban take over.

most schools actually do a test which reveals what your interests are and what type of learner/worker you are to come to an idea of a career that will suit you, even if this idea is a pivot away from dreams

people learn differently some learn by reading. some by hearing. some by visualising
how they work. some do great at 'book work' writing essays. some are more creative and do better with physical tasks.

EG a highly intelligent book work person that enjoys science. becomes a researcher. diagnostician
EG a highly intelligent physical work person that enjoys science. becomes a doctor. lab technician

EG an average intelligent book work person that enjoys science. becomes a teacher. chemical rep
EG an average intelligent physical work person that enjoys science. becomes a paramedic. firework manufacturer

yes people can have a dream. but knowing your limits and your style and preference of learning/work can affect your chances and ability to achieve the dream. so having a bit of insight at school of they way you are and how you learn and work and your intellect level can and does help base choices that atleast come close to the dream even if you cant fully accomplish your dream due to your limitations

so ask yourself
are you a thinker(problem solver, learner) or a worker
do you like attention ans speaking or do you like to keep head down and just get on with work
do you like the rush/pressure to motivate you. or do you prefer the easy tasks

ask yourself questions about who you are and what makes you thrive/excel/happy. and then think of roles that match

what most people forget is this

1. the US made a contract to ALLOW taliban to take over when the us evacuates.
2. EMPHASIS they ALLOWED taliban to take over as long as the taliban prevented al-queda
3. the ORDERS were to not fight the taliban or prevent them taking over. as the mission was to allow the takeover.

yes thats right the taliban takeover was a US planned event they wanted to happen. as oppose to letting al-queda get hold of afghanistan

the US is not going to bounce back in and take afghanistan off of the taliban

the UN is hoping the taliban rush through some democracy and organise a legitimate election to form a real democratic government voted in by the population where the candidates are actually openly chosen

um no..
you really are going wrong alot this month

what it is, is this
imagine there are 20 pools
one with 15exa
nine with 5exa each
ten with 3 exa each

totalling 90exa

the big pool(15exa) can go through the entire nonce sequence in 50 minutes
the nine pools(5exa) each go through the nonce range in 150minutes each
the ten pools(3exa) each go through the nonce range in 500minutes each

the odds of big pool getting a block in 10 minutes is ~20%
the odds of one of the nine (5xa) is ~6.6%
the odds of one of the ten(3exa) is 4%

and it plays out like this (using excel and rand function)
block 1
pool 15exa  37                  (rand*50)
pool 5exa   147                  (rand*150)
pool 5exa   84                  (rand*150)
pool 5exa   127                  (rand*150)
pool 5exa   13                  (rand*150)
pool 5exa   49                  (rand*150)
pool 5exa   31                  (rand*150)
pool 5exa   113                  (rand*150)
pool 5exa   61                  (rand*150)
pool 5exa   93                  (rand*150)
pool 3exa   95                  (rand*250)
pool 3exa   28                  (rand*250)
pool 3exa   123                  (rand*250)
pool 3exa   21                  (rand*250)
pool 3exa   164                  (rand*250)
pool 3exa   224                  (rand*250)
pool 3exa   51                  (rand*250)
pool 3exa   82                  (rand*250)
pool 3exa   63                  (rand*250)
pool 3exa   211                  (rand*250)

block 2

pool 15exa   6
pool 5exa   52
pool 5exa   111
pool 5exa   109
pool 5exa   74
pool 5exa   59
pool 5exa   38
pool 5exa   22
pool 5exa   54
pool 5exa   128
pool 3exa   130
pool 3exa   172
pool 3exa   11
pool 3exa   64
pool 3exa   36
pool 3exa   140
pool 3exa   152
pool 3exa   225
pool 3exa   156
pool 3exa   50

and if you run it enough times you see that its no where even close to 18% of pools getting a block nearly at the same time.
what you do work out is the 'fastest first' of each block if you add it all up and average it over 2016 times is that the average works out as a block ~ every 10 minutes.
where by the big pool(15exa) gets more blocks on average than the other pools

the afghan military had 200,000 troops in 2012
and that number has gone DOWN
in 2019 they had 'on paper' 185,000. but far far less on active duty, due to the fact that alot of the military were trained in air support roles not ground support roles

also to note. due to the deal trump done last year to start the US evacuation. he actually signed a deal that the taliban can take over as an effort to prevent al-queda taking over. part of this is saying to the afghan military to not intrude on the taliban take-over, but instead only seek out any al-queda threats.

and this is why the afghan army didnt put up a fight.

---

the embassy employees were evacuated in july. all thats really left in afghanistan are the remaining american troops.

as for your 'last 24 hours 700 americans'
it is actually more like 2000 (averaging more than that per day)

as for your 40,000 american hostages... well that sounds like a number pulled out your back side
the state department counted between 5k to 10k americans expected to be in afghanistan
(as of date of your post)

your probably including all 'american contractors' which includes the native afghan translators and workers paid by america. by which.. yes they dont get an easy pass to get on a plane. but this is not really a taliban 'hostage taker' thing but an american policy about refugee application processing delay.

yes biden should just do a 'bring them all to another american controlled country' and process them in safety away from afghanistan, but at the moment its still a 'apply in afghanistan and wait your turn'... near impossible to do when all the US embassy's have gone

[moderator's note: consecutive posts merged]

movie "sweet girl"
staring jason momoa
https://www.imdb.com/title/tt10731768/

it was a quick scene of relative unimportance and no explanation... so not sure it really counts.

scene doesnt explain anything to the un-initiated so it can be just glazed over and forgotten. surprised it wasnt edited out of the scene due to its unimportance to the plot for those that dont know.

but for the initiated the girl went in there to get some cash converted(but to anyone else it looks like she coulda just been asking for directions. (saying thanks and then leaving))

1. 'dr rober malone' did not make mRNA vaccines. nor did he make any vaccines. nor did he make anything related to mRNA
he had a paper described as liposome related transfections. .. this is not anything to do with mRNA
liposome and ribosome are 2 different things

2. 'die in 6 months'...... well 21000 took the vaccine in july 2020, 13 months ago....... not dead
                                   well 2000000 took the vaccine in december 2020, 9 months ago... not dead

3. 'blood clots' micro/nano bloodclots are not the same as the massive ones that cause strokes.
everyone that has a bruise or a cut or a needle prick will have micro bloodclots. its like . its normal. doesnt matter the object that caused it. any needle prick will cause a micro blood clot.
and internal healing or growth or cell death and replacement has microbloodclots. yep when you kill a few braincells from drinking alcohol. or a few liver cells. every time you drink or smoke your body replaces cells.
its life.
funny part is these new conspiracy theories asking for 'blood clot d-dimer test'. request people to get it done within 4-8 days.. not weeks not months not years. but days... why.. because yes in the first few days your body is healing.
just like if you stub your toe and get a bruise. or have a fight with you pet cat and get a scratch. or printing out documents and get a paper cut. you will get the same result in the same time scale

but its funny how these deadly bloodclots dont exist weeks/months later when the idiots say people are going to die

there is a network called liquid. but this hack isnt to do with that.

liquidGlobal is a japanese exchange 'borrowing' the same name
much like blockchain.info borrows the name of the tech underlying crypto.. but that does not make blockchain.info an actual blockchain.

boring.
more drama from the certain people.

oh well let them live in their fantasy
if they want to play with another network. let them play.
it will be their own fault when they realise LN is another network even if they spend years in their fantasy

no ones interested in their social drama sessions about their loyalty and adoration of another network
especially when they dont even have the talent to make their other network, work. and instead want to cry about how much they want to change bitcoin and ruin bitcoin to make their other network work..
but hey they are so blind they cant even see their own issues and problems

but it is a pitty that they have no morals or brains to understand that their future
1001000110000100111001110010101000000000
representing their desired 11 decimal 6.25 fantasy of a bitcoin rule..  is actually 6250btc under the current rules..

a pitty, but funny how they avoid this conversation


and a little pathetic how they try to avoid any technical discussion and just try to turn to social drama and buzzwords.. especially when they try to poke a bear into reacting so they can then cry they are being victimised saying some has 'dictated' a new course that goes against their fantasy.. pfft.

anyway
moving on

edit to reply to drama queen below
sad, very sad. you are too desperate. you ignore the real technical details just to promote a fantasy.
one day you will learn the real technical details and realise your fantasy is your never ending story you cant escape from. but with your fairy tale. it wont end happily ever after.
LN is 4 years old and still broke. bitcoin worked in its first week. realise the difference in talent you cling onto..
if LN was any good it would not need to suckup, bribe or coerce bitcoin devs

funny part is now you finally accept that
1001000110000100111001110010101000000000
is actually 6250btc under the current rules..

you want to blindly ignore all that and just say "well thats why upgrades happen"
again you are totally willing to break the current rules that should not be touched and create more units..
completely proving the point about more units in binary, are the same thing bottom up as top down

 but you dont care anyway because you want the upgrade to happen 'coz LN compatibility'
(you sound brainwashed into being an LN disciple)

so again one last time. LN is a separate network that has no consensus. no hard rules. no blockchain. nothing significant claimed as any hard rule. so if anything should be changed to cause compatibility. it should occur on the LN network.

so go play around with LN to make it bitcoin compatible and then you might, just might get to call it a bitcoin layer. as long as LN is solely for the bitcoin network... rather than having LN as a multi currency network that has to break the rules of bitcoin to make bitcoin compatible with LN(facepalm)


(but we know that wont happen as thats not the LN plan to change LN to fit bitcoin for sole use for bitcoin!!)

now lick your wounds accept you lost the debate because of the binary data hard rules debunked your wishful dreams. and stop trying to play silly games pretending breaking bitcoin is needed to fit other networks. when its the other networks that should change to fit

a 51% attack is about undoing a block(and transaction within) after its confirmed
and this costs $250k per block. and depending on that hashpower it could cost many blocks(time=$) to go back and then redo the block and then try to catch up with the network
 
so a pool trying to do this must want to undo a transaction of that value+ for him to even bother trying.
meaning why waste $250k trying to under a transaction worth only $10k
so most are safe with value upto $250k with 1 confirm


as for zero confirm scenarios. well they can be ignored and never get put into a block if the sender then passes a different preferred spend destination of his same funds with a higher fee.

the approach is to
a. not allow instant release of service or goods without confirm
or
b. if goods or services provide good margin/profit(little cost) where the genuine customers outweigh the 1% theft concern. meaning on balance you still make a profit even with acceptable loss.. then take the risk of instant payment

back in the good old days of cheques. this is what they did. they knew/assumed 1% of customers will write a duff cheque. and so they weight the risk vs cost.. and the convenience vs inconvenience

address counting is meaningless

whenever fee's are low. people like to move their coins spread across many addresses into a more single pot of funds in 1 address.

EG
april 2021 had highest address count(>1m)...... and highest fee's(>0.001)
as the fees went down the address count went down
june 2021 addresses (<600k) fees (<0.00017)

countries cannot control most things produced independently.. but they can..
seems confusing.. let me explain


when anything is created away from government there are no laws, no restrictions at first.. so they have to create a law to restrict it first. and then create a amendment/new policy with conditions/licences of allowing use

they do this not by telling the product to stop.. but to tell citizens they are breaking the law for getting involved with the product. to then have a gateway to create a licence/policy of conditions where people can then get involved again if they meet government requirements

it is like alcohol pre 1917.  there really wasnt any regulation on alcohol production. no quality assurance, no age limit. so government had to ban it. to then in 1933 allow its production and sell with new restrictions and regulations

the war on drugs took alot longer. but still involved banning it, to then allow licencing it

a government cant licence something unless they first ban it under their law
without banning it they cant control it or later licence it. as its just open to use by anyone for anyone for any reason without the initial ban

governments will never control the blockchain direct. but they dont have to. they only have to control PEOPLE that use the currency of the blockchain

ways to stabalise the price

1. add circuit breakers
if the price moves more than 1%. freeze the market. stop processing orders
fiat markets do this

2. add more decimals/significant figures
instead of only allowing orders at say $45,704.52 and next possible orderline $45704.53
have it where it allows orders at say $45,704.520 and next possible orderline $45704.521
allowing for 10x more orderlines per cent. meaning takes more orders to get to higher prices

3. ban bots