With Stakwork, Sphinx, RGB and so forth the bitcoin lightning network is functioning as a world computer. Etherium beware because the lightning network already runs! 1, and 2. it is a highbred full node proof of stake network. That is full nodes are rewarded for liquidity the put on the network, and highbred because they must serve transactions to get the opt in fees.
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Wednesday, 26 May 2021
Monday, 24 May 2021
Would you Buy an Irredeemable Bond Paying 15%?
Anyone for an annuity? Perpetual Bond? Given the Bitcoins growth over time should exceed 18% that would leave a good margin for the bond issuers. That 18% number is based on the bitcoin having and demand staying were it is. In other words the price doubling every 4 years, which I would say is the lower bound of possibilities. Historical gains in bitcoin are currently between 120% and 200% per year.
Current annuities in New Zealand are paying out 2.7% so it would be very competitive just to get 15%..
Sunday, 16 May 2021
The Price Plus Some Sats
In the future I predict houses selling for less than there actual sale price as bitcoon is paid directly to the owner. Deliveries are sped up with extra sat sweeteners. Bitcoin tips are most appreciated. The government let's it happen so they can keep their cpi figures low.
Sunday, 2 May 2021
Next They Will Blame Inflation on Bitcoin
First the electricity prices go through the roof and keep climbing. People say it's because of bitcoin mining and because of all the bitcoin millionares. It's not.
The cost of electricity will skyrocket in dollars, but priced in bitcoin it will be flat. Electricity prices may even start to take on characteristics of the 4 year bitcoin cycle.