Today it's so windy near Edinburgh that the price of power has gone negative! So we're helping out the electric company by turning on more lights.
Why does the price go negative? Apparently because it costs more to slow the turbines than to let them spin and generate power. And it costs more to dump the power somewhere than to have customers use it.
I made a post on Facebook about bitcoin and someone replied wit this below.
Destroying bitcoin??? Thoughts?
"China could destroy it in one year should they so desire. If you understand how the actual technology works it would not be Beyond a nation state like China who has extremely significant chip fabrication ability to make the blockchain worthless through infinite double spends. In the past when I have talked to developers a blockchain technology none of them have been able to explain to me how to prevent it should a country really want to destroy Bitcoin.
" With nearly 100% of all mining technology coming from China, all that needs to be done is : #1 Cut the supply of ASIC miners, only going to the CCP | #2 - Save up the ASICs for 1 year, then doublespend on the network endlessly.
Easy peasy, bitcoin is worthless after a year worth of effort from a belligerent government.
OR you build a quantum computer with the ability to break HSA256 and start breaking into everyone's wallets. They still don't have a hotfix planned for quantum cryptography."
Also, if they're doing a bot purge they've still got some work to do, picked up a handful in minutes with an extremely obvious honeypot tweet
Screenshot of tweet of mine which starts with a robot emoji and a honey pot emoji and says "needs a sugar daddy with some #crypto#btc to get my hacked account unlocked on a t-shirt!" Replies from sketchy looking profiles say say "Dm with your PayPal and get spoil instantly" "Message me right here and BLESSED/SPOIL" "Dm me and get spoiled with money"
We "Reality Check" Robert F. Kennedy Jr's keynote speech at the Bitcoin Miami 2023 Conference. This presidential candidate constructs some absurd slippery s...
#Bitcoin is about to close a daily so big and thick.🥵 That was one hella of a short squeeze. Bears got rekt. Resistance is coming in at $28550. A 4hr open and close above there and this can continue unchallenged up to $30135. THIS IS NOT FINANCIAL ADVICE.
SEC’s one-two punch of Coinbase and Binance couldn’t have come at a better time for Asia, as crypto firms look to shift from the US to friendlier shores.
Recent moves by #SaudiArabia, #Russia and #China have raised fears that the #USdollar could lose its preferred status for #oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better? Featured Story: An opinion piece by David Z. Morris, titled: “The Petrodollar and Its...
#CHINA, #RUSSIA AND SOME OTHER COUNTRIES ARE PLANING TO LEGALIZE CRYPTO #TRADING AND CRYPTO #BUSINESS SOON. MANY #BANKS OUTSIDE OF THE US HAVE ALREADY STARTED TO OPEN #BANK ACCOUNTS FOR #CRYPTO BUSINESSES AFTER US STARTED TO PUSH CRYPTO BUSINESSES OUT OF THE #COUNTRY. #RUMOUR
IOR#11 We react to RFK Jr: Covid Restrictions Bring Totalitarianism & Bitcoin Fixes This? (www.youtube.com)
We "Reality Check" Robert F. Kennedy Jr's keynote speech at the Bitcoin Miami 2023 Conference. This presidential candidate constructs some absurd slippery s...
The #SEC has spoken: The future of #finance is not in #America, #crypto #bitcoin #coinbase #binance #cryptocurrency (forkast.news)
SEC’s one-two punch of Coinbase and Binance couldn’t have come at a better time for Asia, as crypto firms look to shift from the US to friendlier shores.
#MarketsDaily #Crypto Roundup - Featured Story | The #Petrodollar and Its Discontents Point to #Bitcoin's Role in the #Financial Future (podcasts.google.com)
Recent moves by #SaudiArabia, #Russia and #China have raised fears that the #USdollar could lose its preferred status for #oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better? Featured Story: An opinion piece by David Z. Morris, titled: “The Petrodollar and Its...