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0 sats \ 0 replies \ @brent 15 Nov \ on: Can Bitcoin Shine if a Real Debt Crisis Hits a European Nation in this Decade? bitcoin
Is Bitcoin bigger now than it was in 2015? Expect that to continue. $2 trillion is just getting started...
Cheaper sats for us! Chart looks like a Falling Wedge pattern, with its tip near the end of January, at around $75k. Not to say that it won't break out before then. The fundamentals are stronger than ever. Weak retail hands are getting shaken out, so they can buy back at a higher price later.
It really pains me to see smart people distracted by BIP444 when they have so many better things they could be doing with their time. But nonetheless I am glad to see earnest reviews of these foolish proposals, because then at least others will be able to more easily grasp the inane hubris of trying to censor information on a distributed P2P network.
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It's not just that it's a distributed p2p network that makes this whole affair inane. Even if Bitcoin were a centralized service, the fact that in order to function, it must store data, means that there will always be a way for miscreants to abuse the data storage function. It sucks, but let's not waste time crying about it.
writing sats is easier than going to copy paste the symbol which doesnt exist on a keyboard...The lightning bolt as a symbol is more organic for sats, ...
On MacOS, if you open the Character Viewer (same place you get emojis like ⚡️), and copy & paste the ₿ symbol into the search var, you'll see it, labelled "Bitcoin sign". Add it to Favorites, then its as easy to get to as ⚡️.
Other OSes probably have something similar.
Yeah, probably. StatsCan reports:
Trips abroad by Canadian residents continue to decrease Canadian residents returned from 4.2 million trips abroad in August, down 21.5% compared with August 2024.Canadian-resident return trips from the United States by automobile declined by 32.6% to 2.2 million in August 2025. Of these trips, 57.6% were same-day trips.In August, the number of Canadian-resident return trips by air from the United States (608,800) decreased by 17.0% compared with the same month a year earlier. Meanwhile, Canadian-resident return trips by air from overseas countries (1.2 million) increased 9.1% compared with August 2024.
Would be interesting to see the number who left and did not return. I understand that number has been growing steadily over the past decade, especially for the top 10% of earners.
I listened to an interview with their CEO, who described their strategy. They buy short-term bonds, take the coupon profit, and buy bitcoin with it. They now hold over 90,000 BTC; they are a financial behemoth.
It was seized in a bust of a forced labour camp in Cambodia, where expats were beaten with baseball bats if they didn't scam Westerner's over the Internet for 12 hours a day, to steal all of their money, usually via Bitcoin. These were very bad people stealing billions of dollars of value from victims worldwide. I wonder if China was complicit in the operations of these assholes.
I hope the Dept. of Justice attempts to return the funds to the victims, or to the families of the ones who committed suicide.
If you want to learn more about the brutal "pig butchering" scam that amassed so much bitcoin, check out Natalie Brunell's interview with one of the key people in the take-down effort:
There are plenty of articles about Bitcoin in the topical echo-chamber. I appreciate that this isn't one of them. There are far too many people who hold negative opinions about Bitcoin, and therefore do not read articles about it. This article is for a wider audience, on the more general subject of broken money. A lot more people are concerned about money in general, than are interested in Bitcoin specifically. Some readers may find their way to Bitcoin by learning about what is wrong with the fiat money system. It's a great approach, IMO, and there should be more of this type of content.