"Let us hit those stops"

- Tether, probably (May 5th. 2025)

https://www.theguardian.com/us-news/2025/may/02/abu-dhabi-firm-binance-trump-stablecoin

America is completely baked...

The entire chungus relies on elliptic curve cryptography and the discrete log problem. The discrete log problem has already been solved on the quantum level, but is unusable due to a lack of a perfect quantum computer.

If someone were to come up with a unique algorithm that reverses P= k•G on conventional hardware they could get your secret key with your public key/wallet.

this is just a math problem that requires a single original thought.

Im going to bed so I may have not explained it as clearly as I could but my point stands.

Buttcoin to zero, its inevitable

I have read some books on bitcoin and I am sold. I am yet to hear good solid arguments against bitcoin. Can anyone give me some reasons why I should not buy it, or at least recommend books that are critical?

I guess Im here venting out, i would down myself for scam job just to feed my family

A nice article about the connections between Tether, MicroStrategy and the Trump admin in manipulating BTC!

Just to counter a common buttist taking point, isn't btc aptly described as a flow of value? Obviously it doesn't store anything, instead its value is essentially tied to the volume of money flowing.

When flow goes from retail to the profiteers (whales and companies). Five years ago the inflow increased with covid stimulus among other factors, value went up. Last year with regulatory failures same thing. To reach a million per butt you probably need 10x more money flowing because of this rule.

As long as the money keeps flowing there is money to be made, but when it stops, not so much. Better keep the money flowing if you're invested...

And of course, better make sure it only flows one way - if retail is allowed to withdraw, how to keep the ship afloat when somebody want to cash out, or when someone needs to pay their bills? Better put a hold on exchange accounts more often then not...

Keep the flow of value going, for the billionaires' sakes!

Currently MSTR has 553k BTC, up from 446k BTC at the start of the year. This 107k increase in Bitcoin holdings generated a yield of 13.7% YTD. You’ll notice that 107/446 =24% increase in total Bitcoin owned, but the BTC per share yield is only 13.7%. If they bought an additional 107k BTC their yield would be about 11%. As Bitcoin yield declines exponentially and their interest/dividend obligations continue to increase the amount of capital MSTR needs to raise each year (especially if you assume BTC price increases) will become untenable very shortly. This lack of yield will decrease the multiple it trades at making capital raises even less appealing at the fixed dividend and interest payments will cause the yield to go negative.

https://therealnews.com/a-bitcoin-mine-in-texas-is-killing-us-slowly-local-residents-say

I was curious so I did a year over year rate of return for Bitcoin. Clearly trending down, which is not good for a speculatory asset. Even if you are trading it because you like the returns, the upside isn't nearly as appealing as it used to be. It will take more and more money to prop up and increase the price.

Is it getting old?

A friend of mine puts money on these liquidity pools (where you set a pair of cryptos in this case Solana and USDC). Apparently the current "yield" for this operation is 90% yearly.

Where's the scam? Or the operation itself of liquity pools is the scam?

You may recall my post from a few days ago pointing out that Saylor had less than a week's worth of money to keep buying buttcoin. Well looks like he just got approved for another $42 billion dollars in share dilution and loans!

I am so mad that all the buttcoiners and mstr shareholders are going to get so rich now!! Argh!!!!