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63 sats \ 1 reply \ @freetx 21h \ parent \ on: Can you guess the places? art
Specifically, close to HefenPark
Do we know the details of the investment? Perhaps a certain portion will be used as a Bitcoin Treasury?
This would make sense related to "bitcoin tipping" idea...basically a "usecase" for also holding BTC on balance sheet.
I'll push back on that and say: Of course its passed the Turing Test. There is nothing in AI that wasn't first put there by a human.
A text prediction model, fed exclusively the works of humans, will obviously produce output that sounds very human.
This is why I think people like Sam Altman are semi con-artist....not in the small sense like he's stealing money and offering nothing in return, but a con-artist of omission. He allows people to wrongly infer there is some sentient consciousness there, even some type "intelligence". Its all just the text prediction on your phone X 100,000
It seems that Obamacare was an intentional scheme to collapse the system, so they can usher us into to healthcare DMV-style.
For what its worth, my UK work colleagues are now fully feeling the rationing of the wonderful UK NHS health system. A friend fell off a ladder and injured his side, also after the fall he has been experiencing random periods of extreme dizziness. He booked an evaluation and after a month was permitted to see the Dr...while explaining his vertigo symptoms he also mentioned that his side still was hurting, to which the Dr abruptly cut him off and said "when you scheduled this appointment you said it was for vertigo, if your side is an issue you will have to go back and make another appointment for that...." - but we are told "rationing won't happen".
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I understand peoples hate of the healthcare system
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Simultaneously its frustrating because the current system is almost entirely brought on by gov mandates (HMO act of 83, etc.). Watch any TV show from 50s (Leave it to Beaver?). Doctors used make housecalls and people could pay cash. "Medical Warehousing" (ie. Hospitals) is the result of continual regulations.
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Simultaneously I find it abhorrent how the left + msm are cheering this on. This is how fully commie revolutions are born. Don't think they are going to be content with murdering some healthcare CEOs, it will soon move to Real Estate owners, food retailers, etc. The commies will end like they always do with murdering the "kulaks" (farmers) when everything else fails.
60M
Yes, probably biggest charge would be if they are offering to fly-in a large guest list via private planes. That combined with giving each guest their own private house to stay in during the stay could conceivably reach big numbers like that....
Lets run the numbers. Lets assume a guest list of 500 couples (1000 people)?
- Flights: 500 x 50,000 each = 2,500,000
- Accommodation: 500 x 50,000 each: 2,500,000
- Entertainment: (Some big name act or several): 10,000,000
- Food and Drink: 5,000,000 Total: 20M??
Still seems 60M is really high....but who know....
I suppose technically, but they can't predict ahead of time when they will ever get "5 blocks in a row".
Its like being able to predict: Starting now, I'm going to flip a coin and get heads to come up 8 times in row. Certainly theoretically possible but very very unlikely.
The "51% attack", while theoretically possible, ignores most adult game theory analysis.
So the premise is, a company will spend billions of dollars and take on tons of debt in order to destroy bitcoin and then rule over a worthless chain? Then they can payback their debt and shareholders with what??
Further, a public company, with public officers are going to engage in provable fraud? There will be criminal charges over that.
The moment mining complicity in double spend attacks was detected, bitcoin would crash by 70-90%. There is literally no value in the network at that point....
There was a time, when "51% attacks" did make sense....when the total cost to achieve it was in the few million dollar range...that is, it could still be funded by single actor...at the current investment levels required, there are too many legal entanglements that prevent that.
Its curious that EU is tightening the regulatory rules just as the US is poised to relax them.
Will be interesting to see how this plays out....it could well result in the end of the EUR currency experiment.
There is a thing when nerdy, intellectual men get incredibly rich and they seem to lose themselves in chasing the type of high-school girls who rejected them previously.
I know a rich lawyer who fits that. Hyper smart, probably 150+ iq, married now to a woman 30 years younger than him who treats him and his money pretty poorly. You could almost make the case it was an abusive relationship....
I think this begs the question: Who is putting out this 600M number and for what reason? (a) Is the number put out by the bride to show off? (b) Is it put out by detractors to make them look ridiculous? (c) Is the number accurate but there is more to the story then we know, like: They are having the wedding at their new super mansion they bought in the snowy hills of Aspen?
160 sats \ 0 replies \ @freetx 21 Dec \ parent \ on: Anadro - Mine bitcoin with your roof bitcoin_Mining
Yea, so 12,269.84 over 5 years is 2453 per year....204 per month....
The big issue though is that I think hash rate will probably go up 10x if price goes up 10x....so I think your actual BTC yield from mining will be much lower
From the FAQ:
How much bitcoin does it mine everyday?The amount of bitcoin mined depends on a variety of factors (system size, sun hours, home electricity consumption, etc). Today we’re seeing a range from 1,000sat - 1,800sat
So thats 1000 sats today but mining yield generally drops by 30% per year.
So even if we are optimistic and say it will only drop 20% per year, thats 1,226,984 total sats mined over a 5 year period. You will keep 80% of that so you get 981,000 sats.
Not sure how economically viable that is....but I guess at 1M BTC it pays for the monthly electricity use....