here in the UK it costs (converted) about $25billion to create a nuclear power plant to sustain 6mill homes

so on that bases $16b would be ~4m households

there are 122million households in the US(30X of number above)

so to build enough nuclear plants to electrify america would be $480billion

yep far cheaper than covid or the 2008 bail out

so why is the biden administration only handing out $16b which is only 3% of households

your identity information is out there. governments had it since you were born (birth certificates)

bitcoin does not ask for this information..

but how about instead of crying about businesses that have your information because you gave it to them when you signed up to their service. .. instead think about making a new way for people to verify their ID

EG your parents form a multisig address, where the address becomes "you"
much like how block9 coin reward address became "satoshi"

you then can signmessages to prove ID control. which then stops any ID fraud because those trying to use your address cant sign for it

EG asking CSW to prove 'satoshi' by signing an address. he cant so yep he is not satoshi

give the ID network some protocols and rules. such as if you give your ID to a business. you sign a messages allowing them usage. where they can validate their usage to your address without needing your seedkey
(they have a message giving authority+signature)

if others use your ID. but you do not authorise their use. simply asking for them to show the signature and message authorising them. and when they cant. boom sue them.

you can then monitise it by selling access to your signatured messages of authorisation

code can do wonderful things. use it make, it commonly used and break the cycle of ID abuse

note there a infinite ways of making a ID network that can allow/resrict other parties from using your public ID. i just gave a most basic of all example

ok lets give you guys some food for thought

ok lets imagine all citizens(households) bak balances totald $5trillion
(google stats of 122m households savings of 41k)

now imagine that %5trill is the amoutnincluding the super rich, whare as the 88% of households are low income with only a mean bank saving of $5.1k

i say thins becasue the FDIC insurance that protects bank account holders does not protect every penny. just an amount below a certain threshold.

so this mean amount of $5.1k would if it was expressed over all households only be $630bill that is most likely in a FDIC reserve(number on computer ready to generate should all banks go bust)

here is the thing. do not confuse commercial banks with government
commercial banks manage $5trill while the FDIC has a pledge to honour $6.26b to over majority of households

now here is the thing. if all banks did go bust.
and FDIC were to set up its own new nationalised bank for households to register with. and it sent out the FDIC cheques to everyone to then deposit into the "new bank"
the us economy of circulating money went from $5trill to 0.64trill.

this if you take a step back.. is the government having a deflationary token because if the economy has less supply. its deflationary where the coin to goods swap rate means people have to only share 0.6t instead of 5t. thus . the government already has their deflationary asset to hedge against the commercial banks fiat.

they dont need anything outside of their system

the reason why politicians decided not to pull the FDIC grenade in 2008 and instead do QE to increase money supply.. = more fiat to plough into banks while putting the debt of QE onto the treasury balance sheet (citizens tax burdens of the future)

is because by doing so would see a 88% drop in GDP meaning US loses its top spot as a economic super power.. and that politically is suicide

they dont want to use deflationary assets. as thats the way they shrink the GDP. inflation is what they like

ok you say its going down.. as if there is a magic number high up where bitcoin should be at.. sustainably..
i dare you to tell me this

i know you personally probably want $30k-$40k.. because with all investors they all want to "double my money please" so they shout out a hope number of what they think bitcoin should be at . because thats their exit price they want to leave the asset... but that hope number is not the whole market number of real value. its the speculation random number pick of the week.
some that bought in at $50k wanted their hope number of a $100k to appear soon after..

as for choosing a number that has hit in the past as the "value number"
bitcoins value and sustainable level is NOT the all time high.

the speculative market of an all time high is its PREMIUM. where no one wants to buy it any more. at that precise day

fish do not live at the tip of a tsunami wave.. they live at sea level

cattle do not live at the top of an erupting volcano. they live at ground level

bitcoins value and sustained store of value is at the ground level

if you loon at the periodic ground level of the fundementals of bitcoin cycles (halving events(4 years)) you notice the lows of 2022 are higher then the lows of 2018
or more precisely 2022 ground level low is higher then 2016 low which was higher than 2012 low

the correction from a temporary tsunami,volcanic eruptions. is just that the correction back to value.

we are currently testing new ground at a ground level thats higher than previous ground/sea level.
each cycle/periodically the ground /sea level rises.

yes enjoy the waves and eruptions. just dont try living up there. ride the waves and quakes. just dont get burned or drowned at the tops

be happy that the sea/ground is alive and levels up periodically.

CSW in 2011 found a guy that wanted to make security software for government defense departments thy tried to broker a deal for R&D grants with the US. DOD. they got nothing and parted ways(no bitocin involvement

CSW(alone) got told about bitcoin in 2013 and bought his first coins(15 of them)

he later tried to re-establish communication with the partner of W&K(no bitcoin involvement) to try to sucker the australian tax office for R&D money for some idea of a bitcoin related venture, but found out he died he then tried to set up stuff alone and snare some dupes.

CSW in 2014 only had 45btc to his name which at the ATH peak was only $50k TOTAL (he first bought in at early 2013 with just 15btc to his name at only ~$3k total)

losses after the ATH correction put his businesses in trouble which started his main scammery in the cryptospace by seeking investors

he tried to bring back to life his old security software business partner just long enough to fraud sign some business papers making the W&K business CSW's. while trying to back date the fraud to before death dates to try to make it look real

he does not have big money in his pockets
for him his businesses lack real collateral and are just evaluated at huge numbers due to more scammery

his investors  have the money. they have billions. and paying just $2m on a court case to them is just a rounding error.

the promises he makes to them is that he will earn them ROI in many ways. including hopeful future movie deals where he thinks ticket sales would return hundreds of millions.

he gets paid to live and breathe his story. he gets paid to turn up to these things. for him he does not personally care win or lose, as it adds to "excitement" and more story to tell. more drama=more action

take the wolf of wallstreet. peal away dicaprio. and you are just left with a unethical guy that just done boiler room scams selling crap shares to people that lost. and got high
..
because bitcoin and crypto are not really regulated. destroying a coin whether its his crapcoin bsv or damaging another coin is of no consequence to him. people dont go to jail if a altcoin or popular coin is buggy or a bug is implemented into the latter.

frivolous court cases of civil claims are not a criminal act. its just a fine if caught. so more "price of doing business" which adds more drama to his biography

this though we know is fraud. however can easily be explained away as legitimate homes purchases using their own trade fee income

EG yearly volume was $627b and trade fe of 0.1%=$627m
thus they can say the homes were bought for about 6months of company profits

however. if other big spends are found. where all the totals of frivolous spending exceed $627m a year.. then they have to explain where they got the money from

this is why CSW case is not worded to mention patent upfront.. but becomes required proof later

im reading some of the requests and responses of the case and its already starting to question CSW's claims of ownership.invention.identity.
so it could get shut down quick if the right request is made by the defendant
https://drive.google.com/file/d/1b5dD73HzJdFKW8majoumKQvQ06gkQ5sN/view

if there was a truly guaranteed insurance plan to back any losses due to hack/insolvency(issues unrelated to bad trade decisions by customers themselves) where by customers know that in worse case  they wont have to file a court case and get pennies on the dollar after 5+ years wait, but instead get a full refund within a day-month, from an insurer for like for like investment.. in short refiling customer account or refunding customer within reasonable time.
 then an exchange can be trusted

however
here is where things get messy
firstly trading fee's would need to go up to cover the premium that the exchange holds as insurance

next
lets say a exchange has 500k coins of customers on reserve.

lets say a exchange does have some other reserves to "make users funds whole"
this reserves to make whole. is not unlimited. EG
if users funds are stolen. and exchange refills users reserves.. the exchange cant keep doing that 38 times. because the exchange doesnt hold all 19m coins.

most exchanges might only have enough "make whole" reserves for 10% of a single theft/insolvency.  thus not everyone gets it all back

some exchanges might have make everyone whole 100%. but its a one shot attempt. if there is a second hack, customers are not protected

but those privacy concerns are he concerns that only humans and business can change. its not related to the bitcoin protocol

however some silly people are trying to assume bitcoin protocol is at fault by being too transparent. making wild assumptions that bitcoin protocols are requesting and revealing peoples private lives(name location, sexual preference, purchase list of goods).. where they want to break bitcoins protocol to make it less transparent of what bitcoin does show publicly..
.. but doing that breaks bitcoin security(of the account/audit system of all coins back to their generation coin reward) that bitcoin security is the whole purpose of blockchains.

other blockchains that use "accounts" instead of OTXO's dont need a blockchain. because once spending the account. the old blocks are not needed. however the blochains purpose is to keep a record of spends so that you can be secure to know the coins you hold now did infact come from a true block reward in the past. thus securing your holdings as being real and valued. rather than an edit added in randomly to the ledger

its called patent trolling
its why he included the company WII in his claimant list (WII set up in 2018)
it holds all the CSW filed patents (all done after 2018 by the way)

where he will try to use those as his proof of invention

but you cant patent something that is in the public for 9 years after your patent filing..

though. to him that wont matter. its another worthless thing he will add to a case to keep a case rolling forward for longer while its disputed

thing to keep in mind though
whilst you are saying 'while liquidations remains hypothetical"
and then trusting it remains hypothetical because they are making 2% gains..

thats just not secure reasoning to "trust" a financial service.

if you read their user agreement terms of service. them having loopholes of shutting down at THEIR discretion. changing terms at their discretion blocking access at their discretion. changing the product at their discretion. is not really giving customers any say/choice . or protection from any hypothetical.

if you are using a service where your security of asset is "trust they wont do it because they are making profit"

where there is no contract of ownership of you to the asset.. then find something else to invest in.. like actual bitcoin

contract of a share. where the shares: product, utility, value, access is all "at greyscales discretion" is ownership of.... hope

oh.. and by the way.
the 2% gains. are not actual 2% gains

its just a 2% less rating of the shares. meaning customers get 2% less

in short if there were (random number)
500btc in trust allocated to shares
next year 490 btc are share allocated and 10 are free to be clawed back by grey scale

greyscale is not earning more money above/outside the 500btc allotment. they just dont have to allocate as much to the customers

i say this because there is no real mechanism that guarantees customers would get this 490btc
because.. wait for it..
all 500btc still remain property of greyscale at their discretion

they are not gaining value because they already own and hold all 500btc value. instead they are reducing their liabilities by 2% a year

NFT are played with but not understood
if you create something and immortalise it on a blockchain you then gain a cryptographic reference that only you can sign to prove your ownership. and if someone else copies your "something" you can sue them and easily ask for their proof of ownership to win a case

this can be taken one step further
your personal information. yep its already out there governments have it ~(birth death and marriage registration/driving licence/passport)

so immortalise your ID into a cryptographic ID . and then when you want to give your info to a business. you can transfer a copy of it to their key so they can prove honourable use of your info. if another business just spams you where you want to sue them for gaining your info without your consent. they will have to prove you gave them consent, or reveal the business that passed them the info using the cryptographic system of passing info around legally/provably.

it also applies to identity theft
much like "proof of satoshi. please sign keys of block 9 key reward, else you are not satoshi"

no no and no

im saying PEOPLE that want to break bitcoin by changing bitcoin protocols of the input output structure of transactions, where the use of UTXO should be compromised to prevent the "taint" tracking..
..is in their mind good privacy..
although it actually breaks bitcoins fundamental security of audit/accounting of coin (used to prevent counterfiet coins (more then 21m control limit))..
.. is thus against everyone elses coin security

..
separately: different scenario/argument/point to highlight
..
these same people should be warned that using mixers is a red flag which exchanges pick up on . thus using a mixer and then taking funds to an exchange causes the exchange to red flag the users account to actually look at with more scrutiny.. more so than a regular account user that has not used a mixer

thus trying to hide ends up getting you noticed more

my overal opinion is this

blockchains purpose is to have chains/taint of transactions to audit and secure funds that cant be created outside the rules or counterfeited or double spent
those not wanting "taint" dont want blockchains.. so those not wanting blockchains should go play on other networks and not try breaking bitcoin protocols

if they do want blockchains and realise one day that bitcoins blockchain does not ask for personal information.. then their other option is to stop using businesses that do ask for ID

as for other posts about privacy for tax evasion(illegal)/avoidance(legal)
bitcoin does not ask for ID and report it to tax agents

dont blame bitcoin about your tax status

if you want to avoid(legally) tax. learn tax law and find the loopholes
politicians and celebrities do it. so learn it.
if trum can learn it between playing golf. so can you. dont blame bitcoin for your desires to avoid tax. own your own decisions and prepare for your own decisions. dont blame something else for your inabilities

there are bigger ways to do it.
for instance 2009-2014 bitcoin was not defined legally as a currency. thus tax and regulatory law did not apply
lobby groups pushed to get bitcoin defined as a currency, which opened the doors to tax and regulation..

if enough people could lobby to reclassify bitcoin as not a currency but something else. such as a property. then it changes the tax/regulatory ability to evaluate you

Eg
currency- SEC
commodity -CFTF

for instance there is no US national regulator for real estate. its regulated at state level by policy set at state level.

defining what bitcoin is. can change its regulatory status of he businesses that operate around it

coin market cap is meaningless as explained a few posts about of making an alt with 1trill premine for 1cent

here is something you should look into
if a altcoin has any real community behind it. a niche service/feature only that altcoin has where there are a dominant userbase using it. then they would be setting their own sentiments about the utility which convert to individual trading patter of unique pricing compared to bitcoin.. in short the market price wiggles wont be wiggling in same pattern as another coin

however
ethereum is tracing bitcoin prices. which shows that there is not much unique trading happening in ethereum and instead if just bitcoin traders arbitraging that is holding ethereums market inline..

yep if there was another dominant coin it would be trading in its own unique spikes and dips of the market chart

enjoy

if grey scale doesnt get a ETF soon then the business model is dead anyway

as for the thing about the hurdles meaning it would have to sell on open market(their excuse of reason not to liquidate)

wrong they already mentioned for years they do deals for the collateral on the closed O-T-C market. not the open market

if the only fear of not doing something is the implied fear customers would have of the open market effect.. PFFT i call BS
(i mean bull crap not barry silbert)

thirdly the "shares" they give to customers as seen by the terms of service do not amount to a bitcoin allocation guaranteed by fix-term-contract. nor does having shares guarantee access to their webpage/accounts page(BIG RED FLAG)

 those shares do not even buy you voting power of decisions to take the trust forward or new direction. so the share a are not ownership right shares of the trust. they are just pegged tokens of a market rate greyscale change at their discretion

big red flag
if a bank wanted to close you down. they would still allow you into the bank still allow you to check your balance and make a full withdrawal. they just wont offer you any of their other services. . but they have to allow you access to get your funds out. grey scales terms are saying they can shut you out completely for any reason they like.. thats bad business

if greyscale went pop or about to go pop. all they have to do is trace move the discount/premium to where a share only gets you 1 sat per $100. deny all account access.. and keep the coin

best advice. if you can exit at break even or profit do so and go buy some real bitcoin

#NotYourKey-NotYourCoin

yep
after lessons learned mentioned already and below.. if i now trace it the bottom line cost stays below the market at all times

you also notice things more, like why 2016 started at ~$450 and ended up near $900 (halving event caused)

you notice when new gen asics became popular as the main miner. like when the S9 dominated the mining pools the prices went up
as did the s19

take things like
2011 when GPU pool mining took majority over solo GPU mining
or when asics first jumped into pools in 2013

there are many things you can learn by factoring mining variables
EG
2010 first price discovery. 1 year later ATH
2012 first halving. 1 year later ATH
2016 second halving. 1 year later ATH
2020 third halving. 1 year later ATH

you start to see events that effect mining costs booster the confidence in the bottom line value. which then sends market price speculation up

..
its worth noting
in 2018 i did make the mistake of "daily" value checking where value did go up to $5.6k by summer of 2018
however by not staying with periodic value and staying an a low of the start of the period. i raced ahead . where by in autumn 2018 the hashrate declined and so the value declined. which allowed the market to decline
i should have stuck to the start of year value number not the daily number

as i in hindesight now and learned my lesson that its best to stick to cycles(4 year) with periodic checks inbetween
such as6month-2year.

to have the base line number of value that sits below price speculation

so take this lesson with you. dont get ahead of yourself basing underlying support bottom line based on the short term daily/monthly changes of hashrate when calculating mining cost. stretch it out over 6months or more to get the better average.. because thats what the most efficient miners do when they pay their bills 6-24 months at a time.. and not daily

you have the right to your personal self and your property
this means your personal life and information and your property like bitcoin

but when it comes to FIAT finances.. that is not your property.
yep fiat money is under patent and property of your governments central bank. they have the right to withdraw it out of circulation and control who gets to play with how much of it.

yes bitcoin is different. it has no patent no owner of the network payments system, and so if you are the sole key holder of the coins signing feature. then you are its owner. its your property. no one elses

bitcoin does not ask for your personal information. so it is private.

however as soon as you use a businesses service. you are entering the property of the business. where the business can set its policies on its property.

dont blame bitcoin about privacy risk.
blame the businesses that question, monitor and log customers information and transactions

again for emphasis. for those that are using "privacy" to break the p2p bitcoin network. stop with your childish games of trying to break bitcoin to then promote altnets as solutions to things.

if you are a true privacy advocate you would not be wanting to break bitcoin to then get people to use altnets that are managed by businesses you would instead be trying to start your own businesses or find people that want to have businesses that do not ask for information that is not required to use the service

it does not matter what code the bitcoin network has or doesnt have,. if your giving information to businesses. those businesses swap data with each other and you end up in the same position as before you tried to wreck the bitcoin network.

so go after the businesses asking you for the information. not after the network that doesnt ask for your information

windfury you are wrong again. and i laugh when you just shout insults but never back it up with data or actual facts

stop getting your opinions from doomad.. he is not a source of information in the slightest

the participants of the NY agreement aligned with the core devs actually
they were the economic few but are part of the main decision makers

do some research. i know you like things spoon fed to you but do some research for once

the DCG funded blockstream devs who have merge/maintainer status in cores github (DCG funded the devs involved with segwit)

heck even check out the DCG portfolio. notice that lightning is listed as their portfolio

do you know who the CEO of DCG is .. barry silbery
do you know who headed the NY agreement.. yep barry silbert. with his sister company like coinbase and other exchanges in his portfolio spreading the word to other exchanges and pools that if they dont follow suit the pools blocks will be rejects and exchanges wont see their block rewards or subsequent spends. thus it was a blackmail.

DO YOUR RESEARCH

if you cant be bothered to check the blockchain for the flag data, if you cant be bothered to check the code linked to the flags that show the mandatory crap.. atleast realise who was involved in the NY agreement

you do realise doomads rhetoric he teaches you make you look more like a idiot by repeating his hymn sheets right..

try for once some independent research. not of social media of buddy opinions that match your own. but of actual data and time events of the period.
give it a try

CSW is the bain of many lives and it seems as proven by moses that CSW is now making more newbies want to follow in CSW path
scammers recruiting scammers..

moses knows nothing of bitcoin, asks the most basic newbie questions but pretend he created it.. sometimes i thought it was just comedy lost in translation but it appears he seriously wants to be CSW2.0
or in his most recent view CSW's daddy

.. back to the topic..
CSW claims have no bases. and lots of the descriptors can easily be debunked in a couple days of "teaching" bitcoin the proper way. about forking and if BSV was the ticker of "bitcoin" 2010+ or BTC was the ticker of bitcoin according to the real satoshi (forum posts used as proof)

BSV was created in 2018 and wrights other company WII was not created in 2009+ but years later. thus the only development and commercial stuff the WII company was involved in was the support towards making BSV

by defining BCH as the 2017 airdrop(fork creating new free coins to sell)
thus also defining BSV as an airdrop(fork creating new free coins to sell)

he is admitting BSV is not "bitcoin"

bitcoin the network
- privacy is good. bitcoin does not ask for your birth name or a log of products list or geo-location.
bitcoin has no eyes or ears. it just doesnt care. because it has no brain. its just code. code that doesnt invade your privacy


the ecosystem of businesses at the edges of bitcoin
- privacy is bad when it comes to using services that require names and real life location data

suggesting to break the bitcoin network to break the anti-counterfeit security of showing origins back to the coin creation reward. just for the sake of lazy people that dont want to protect their privacy at the business gateways, is not a good plan
if you want to continue using businesses that ask for KYC and keep your product purchase list and your real life delivery address. but want to break bitcoin.. your priorities are scewed


it should be:
create busineses that dont ask for KYC to preserve privacy
stop using businesses that ask for KYC in situations where real life locations are not required

EG a online game where real life location does not have any effect on the game play/content, should not be asking for real life location data

EG services where no goods are to be delivered to real life location again dont need to know real life location

people need to start making competing services to the ones that ask for KYC. rather than using existing businesses that ask for KYC and then trying to break bitcoin security feature of network wide audit of coin integrity

because if you cannot prove a coins origin back at its coin reward creation. it then becomes alot easier for people to counterfeit/copy/create new coin outside of the coin reward system. which is far more dangerous to every users bitcoin security. at the sake of people that want to keep giving their info away to services. and blaming bitcoin if their data gets passed around

dont blame bitcoin. blame the businesses

again the bitcoin network does not ask for your name/geo-location
so dont blame the bitcoin network
dont try to break the bitcoin network

the issues are with the BUSINESSES that want to grab peoples names and geo location and product purpose lists. and also blacklist certain uses funds

do something about the businesses.