After June or Maybe Never

Etheriums Merge is five years late but people are still putting out positive narratives about its readyness. No mention of the community node and minner processes, but still a lead developer shills his CV website and assures the minions. The etheriums hash rate continues to go up. There may be hope for cheaper graphics cards yet! Or maybe the etherium foundation is figuring out how they can cover their funds incase the whole thing blows up. Maybe it's Pulse?

Funding Space with International Consensus

Elon Musk didn't start an altcoin yet, but things like mars coin are only the beginning of a big idea. Earth coin is also a thing, but I think we can just do it with our new found bitcoin long term perspective.

With enough of our collective effort focused in the right direction many things can be done. The problem is now our "monetary energy", as Micheal Sailor would say, is mostly controlled by financial institutions. Getting the bankers and wall street types comfortable adopting something thats endorsed by crypto anarchists can be a stretch. We see it starting to happen at the bitcoin 22 conference in Miami.

Getting the USA to work together with the Russians is an increasing challenge and NASA's SLS sits on the ground with deadlines for moon walks running out. If the government has only held onto the bitcoin confiscated from Silk Road then they might have more billions to invest, but sadly it seems that money went elsewhere. Going forward the best consensus for international projects may be in private projects and funded directly by the public.

Its all down to having people believe in the idea. I say we should jump on board and get something built on the moon using bitcoin. Not moon coin.

Etherium Classic April 1st Joke

Vitalik must be felling the sting. Proof of Authority sucks! 

https://ethereumclassic.org/blog/2022-04-01-special-announcement-april-01

Bitcoin Makes More Philosophy

Supposedly Robert Breedlove is doing a Bitcoin podcast yet this episode is basically devoid of the currency. I really injoyed it, seems we are getting closer to a solid metaphysical base. Deep talk afforded by bitcoiners new found security. Philosophising is building.

https://podcasts.apple.com/nz/podcast/the-what-is-money-show/id1541404400?i=1000556099201

If it's not 2143 You Must Be Early

Big things have to happen for bitcoin to fulfil it's potential. Its not late now, there is a long way to go.

The Fed will go through a stage where they transition to talking only about the bitcoin price and not the economy. Not inflation just the bitcoin price. It will become the main factor before we get to he end of exponential growth. Across the world it's going to take decades.

Gold, Silver and Phisical Crypto

Reading blogs from http://jpkoning.blogspot.co.uk/ can be hazardous for the uninitiated, but are entertaining for the reemergent bitcoiner. Gold is a meme in bitcoin, going to zero, and this kind of thinking is also subscribed to by Mr Koning, one of bitcoins greatest detractors. We need all this gold silver and copper to make things. You could consider it a waste using it on coins, but also how much jewlry do you need and is a shiny coin a jewel substitute.

The thing about bitcoin and for that mater altcoin physical coins is that they are generally presented in pure metals. Gold or silver or copper (often plated with gold or rhodium). 

The good thing about this physical change is that it allows people to make small face to face purchases easily or to use mechanical toys and vending machines. trade without phones or the internet. The transactions need not be on a blockchain and can be anonymous. It also puta an interesting hedged security on the value on your money. For example a one once pure silver doge coin is worth more in metal than as crypto, but if Elon Musk makes a pump in 2052 it might go the other way and so people might start melting down doggy coins.

Valuable change means the people with the small change hold the real money. In times when resources are sparse money can be melted down and digital coins used instead, this would benefit the holders of the change and this would generally skew towards poorer more economically active people. That sounds nice.

http://www.trademe.co.nz/Browse/Listing.aspx?id=1038739885

Note: this sdiscussion is reffering to phisical coins which include private keys hidden somehow inside them or that can be exchanged for actual crypto.

Lightning ATMs are Here

One of the challenges with Bitcoin and crypto currency ATMs is that the confirmation times for transactions on blockchain can be long and this poses a security risk, especially relevant when fees are high or going up randomly. This new machine by Bleskomat might solve this forever!

https://www.bleskomat.com/#feature-instant-payments