Martys Bent - Issue #966: The last tax...

https://tftc.io/martys-bent/issue-966-the-last-tax

"I wanted to take some time today to elaborate on my position. The vision of distributed sovereign small (and large) nation states and city states being erected around stranded energy sources that are leveraged to mine bitcoin."

"Energy assets are spread across county, state and international lines."

#Bitcoin  #BTC #BitcoinMining #BitcoinMiner #ASIC #StrandedEnergy #Electricity #OilAndGas #MartyBent #MartysBent #TFTC

The last tax...

he vision of distributed sovereign small (and large) nation states and city states being erected around stranded energy sources that are leveraged to mine bitcoin.

Issue #943: Downward difficulty adjustment coming
by @martybent

https://tftc.io/martys-bent/issue-943

"A few provinces in China have banned bitcoin mining and those miners have had to unplug and move their equipment in recent weeks. This is probably the reason hashrate has fallen since the last difficulty adjustment instead of remaining static."

#Bitcoin  #Mining #BitcoinMining #Miner #BitcoinMiner #ASIC #SHA256 #Hashrate #Difficulty #DifficultyAdjustment #China # #MartysBent #MartyBent

Downward difficulty adjustment coming

It will be interesting to follow along with the mining industry this year as the many factors described above continue to play out.

Marty's Ƀent Issue #937: Application > Theory

"Here is possibly my favorite quote from Satoshi, which highlights the fact that he was a pragmatic builder instead as opposed to a theorizing academic: 'I actually did Bitcoin kind of backwards. I had to write all the code before I could convince myself that I could solve every problem, then I wrote the paper.'”

"pragmatic building > ideal theory"

https://tftc.io/martys-bent/issue-937
via @martybent

#Bitcoin  #MartyBent #MartysBent #Theory #Satoshi

Application > Theory

One of the most beautiful aspects of Bitcoin is the fact that Satoshi, to the best of our knowledge, didn't dabble in theory too much.

Marty's Ƀent #936: They're playing games

One of the reasons I can see them [discontinuing M2 Weekly, keeping only Monthly] is because they know markets would react poorly if they had the info available on a more consistent basis. It acts as a way to obfuscate the scale at which they are expanding the monetary base just as hedonic adjustments obfuscate the true rate of inflation."

https://tftc.io/martys-bent/936-theyre-playing-games
via @martybent

#Bitcoin  #MartyBent #MartysBent #M2 #M2MoneyStock #MoneyStock

They're playing games

"BuT uNcLe MaRty, ThErE iS nO iNfLaTiOn! MaYbE iT wIlL rIsE wItH fIsCaL sTiMuLuS!"....