Just For Fun  
Brain Test: if you have an eagle eye then find the word ears in 30 Second.  

[image with solution shown below]

Salutations gentlebeings

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I'd say an electric chair shock for every person who lost BTC on his scam website/system. And another 10,000 more, just because of his face.

ChatGPT is a revolution. It will change the way we live and work more than the google search engine did.
Check out the haikus I let it write. I love the last two:

Bitcoin, the future
Digital gold, a world of possibilities
Infinite wealth.

Virtual treasure
Bitcoin, the future of money
endless possibilities.

In the digital realm
Bitcoin grows strong and secure
A shining beacon

Bitcoin, digital gold
Rising in value, oh so bold
A treasure to hold

Bitcoin in the night
Digital currency shining bright
A beacon of light.

An interesting take, I agree. Especially the part where he says that CZ should similarly destroy Binance....calls is an act of effective altruism, lol.
I don't think people calling it fraud is defamation, though, since Mr. Ray (new CEO) already said that there were inappropriate actions.
At least one Dem senator (Durbin) said pretty much the same (albeit I disagree with his generalizations).
That guy doesn't know s-t about volatility. If he has concern about bitcoin volatility, how about META and NFLX, lol?
https://www.youtube.com/watch?v=zmwLkjQl-vY

One word about paying lawyers...I was a part of Enron unsecured creditors list (basically, stupidly bought a bit at a "bargain" $2-3).
The recovery there was pretty good-around 30-32%, so Mr. Ray achieved something.
Typically, stock holders receive something that is close to nothing and getting those funds at or close to the end of 2002-2003 recession allowed me to reinvest the proceeds close to the bottom.

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I can see that the guy is making some decent points.. but I have difficulties giving any benefit of the doubt to SBF (including that the presentation of SBF recognizing that SBF is talking out of both sides of his mouth.. and sure maybe SBF wants us to hate him.. the psychotic, flabby vegan and purported ethical altruist wannabe),

...and I also have some trouble with the Defi is fine talking point... , even though there is likely truth to the fact that SBF and even Alameda were paying back Defi loans while they were failing/refusing to pay back real world people and while they have so far been running off with the money..

and another thing that I have not been seeing too much is how various political donors are actually donating out their money rather than giving that money back to the (rightful owners) through the bankruptcy proceedings (for the creditors.. and the attorneys as was pointed out.. yeah attorneys make a lot and probably too much to sort through these kinds of quagmires of trying to get back money that can be gotten back, in theory.. or hopefully through the difficulties of the current system.. in which there are a lot of ways to criticize the current system.. but a siding with the criminal seems kind of strange.. even though yeah his attorney will need to do that at some point.. if the guy gets locked up or maybe he will choose to represent himself.. since SBF seems to think that he is so smart about presenting his issues (I mean lies) in the court of public opinion)... I know my last paragraph is rambling.. but fuck that guy SBF.. even though the video presentation does make some decent theoretical, factual and for the sake of argument points.

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@CryptoTea_

Looking at previous 4 year halving cycles:

Bitcoin bottoms in the next few months

And hits a new all time high around the end of 2025

Note: Historical data does not predict the future


https://twitter.com/cryptotea_/status/1599393742250602497

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I’d argue that we’ll see $200,000 or higher at the peak of the next cycle (top in late 2025) but you get the drill.

No green dildos… enjoy black ones

This is what is going to happen if BTC doesn't moon soon.

https://twitter.com/DailyLoud/status/1597426588031021057?s=20&t=SUraH6d6SeuWMz3NsIV-RA

 

I am all fine with proclaiming that something is not enough...  yet?  Do we want to go from zero to perfect?  And, what is perfect?  What would be perfect?  Is perfect achievable?  Is perfect even desirable?  I am not saying don't do nothing, but still there are balances to any of these matters.  Wouldn't progress be being made by first having all (or most) exchanges showing their bitcoin (showing what is verifiable, first?)?  That would be a start, no?  That would be a step in the right direction, no?

Powell seems to be suggesting that it is totally worthless to show the reserves because it is not enough and it is misleading - but is it a step in the right direction?  Do we believe that a company is going to show everything?  Every single thing?  Where's the incentive to show every single little thing?  And where is the verifiability in terms of showing every single little thing?   At least with bitcoin, and the bitcoin's blockchain there is verifiability.. and what else has anything close to the same level of verifiability as bitcoin?  Everything else requires some level of trust, no?  

So I am not sure how you can show everything else without trust, so why not start with the verifiable aspects first.. and then once we get everyone showing the verifiable aspects (if that's even possible?), then we might be able to take some additional steps from there?  Maybe some exchanges are willing to show some of the their liabilities, but getting to show everything seems a bit much to expect anyone to cooperate in doing or even to consider that we want that level of transparency?  Then when is it going to stop?  When are the disclosures going to stop?  First institutions (such as exchanges) disclosing, but do the disclosures stop at that point, or then will we require individuals to disclose too?

#LNMETA

FWIW, according to the LNDg P&L display, thanks to all the auto rebalancing tools and shit, my node is set to officially turn profitable within the next 30 days, after a rather messy start getting established.

Life is keeping us super busy with the ranch. Lawsuit in full swing against the builder, and the general contractor is countersuing the builder, with us caught in the middle with a threatened lien on the parcels, so, just, fuck.

Tempted to just throw money at everyone to pay the bills and make things go away, but need to go through the legal process on principle, unfortunately. The general contractor legitimately created a Federal Issue for us and are clearly in the wrong.

Not going to be around much heading into the new year, but will lurk, as I often do.

Fighting a deep depression and rather unpleasant to be around, presently.

Not sure we're gonna make it, TBH, but I need to wait for the lawsuit to resolve before planning my next steps.

Think I'm gonna go do the whole life of hermitude for the last half of my life.

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But maybe you are wrong. and it grows well over 500k btw it would need to be over 500k to be successful in 2060