Juli 2024

Kjedebrev Juli 2024

Jan Krikke: Cryptos, gold and the end of the dollar, Asia Times, 2024-07-03

"Governments lie; bankers lie; even auditors sometimes lie: gold tells the truth."
—William Rees-Mogg (1928-2012)

Bitcoin set for worst week in over a year on Mt. Gox liquidation fears, Reuters, 2024-07-05

“The worse the consequence, the greater the hindsight bias.”
― Daniel Kahneman (1934-2024)

William Pesek: Yellen’s de-dollarization fears will only get worse, Asia Times, 2024-07-12

“…for the game had never been fair, the dice were loaded. They were swindlers and thieves of pennies and dimes, and they had been trapped and put out of the way by the swindlers and thieves of millions of dollars.”
― Upton Sinclair (1878-1968)

Molly White: Follow the Crypto, [citation needed], 2024-07-12

"Cryptography shifts the balance of power from those with a monopoly on violence to those who comprehend mathematics and security design."
— Jacob Appelbaum

Drew Armstrong and Ariel Deschapell: Compute Maximalism: The Symbiosis Between Bitcoin Mining and AI, Bitcoin Magazine, 2024-07-22

"In the future, I expect to see bitcoin mining in places where electricity is free or cheap. You could put solar array in the Arizona desert attached to bitcoin miners, and instead of trying to ship that electricity all over world, you could ship Bitcoin all over the world."
— Gavin Andresen

Will a Japanese Fire Sale Crash U.S. Debt?, the Heritage Foundation, 2024-07-26

“Armaments, universal debt, and planned obsolescence—those are the three pillars of Western prosperity. If war, waste, and moneylenders were abolished, you'd collapse. And while you people are overconsuming the rest of the world sinks more and more deeply into chronic disaster.”
― Aldous Huxley (1894-1963)

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