Juni 2024

Kjedebrev Juni 2024

¥48 bil in bitcoin cryptocurrency disappears from Japan exchange, Japan Today, 2024-06-02

“The missing link between animals and the real human being is most likely ourselves.”
—Konrad Lorenz (1889-1964)

What is Bitcoin? You don’t know and you can’t explain it!, Bitcoin Magazine, 2024-06-05

"Sju ting are uforklarlige: tid, energi, kvanter, virus, kunnskap, bevissthet, og bitcoin (dvs. verdi?)"
—Tor Guttorm

The Collapse of the Petrodollar: Exposing the End of U.S. Dollar Dominance and the Rise of BRICS Power, American Media Group, 2024-06-11

"If honesty were suddenly introduced into American life, the whole system would collapse."
— George Carlin (1937-2008)

Lightning Is the Common Language of the Bitcoin Economy, Bitcoin Magazine, 2024-06-12

“A language is not just a body of vocabulary or a set of grammatical rules. ... Every language is an old-growth forest of the mind.”
—Wade Davis 

Mary Kostakidis: Backing the US house of cards, Pearls and Irritations, 2024-06-12

"Wherever God erects a house of prayer
the Devil always builds a chapel there;
And 't will be found, upon examination,
the latter has the largest congregation."
― Daniel Defoe (1660-1731)

European Central Bank says its digital euro design is private. Is it?, Ledger Insights, 2024-06-13

“Imagining that central banks can “prevent,” “combat,” or “manage” recessions is as fanciful and misguided as placing pyromaniacs and arsonists in charge of the fire brigade”
—Saifedean Ammous

M.K. Bhadrakumar: Death of petrodollar is a Biden legacy, Indian Punchline, 2024-06-14

“These temple destroyers, devotees of ravaging commercialism, seem to have a perfect contempt for Nature, and, instead of lifting their eyes to the God of the mountains, lift them to the Almighty Dollar.”
― John Muir (1838-1914)

Bank of America finds younger investors prefer crypto, alternatives to stocks, Ledger Insights, 2024-06-19

"These young people naturally grow up with ideas different from ours, for they are born for times when we shall no longer be here"
—Émile Zola (1840-1902)

Marathon Uses Bitcoin Mining To Heat Town of 11,000 in Finland, Bitcoin Magazine, 2024-06-20

"The Earth with its solar heat input, heat rejection, and wheels of atmospheric and oceanic circulation, is a heat engine without a shaft. Its maximized mechanical power cannot be delivered, but is instead destined to dissipate through air and water friction and other forms of heat loss. It produces maximum power, which it then dissipates at a maximum rate."
— Adrian Bejan

Vijay Prashad: Is the Reign of the Dollar Coming to an End?, TriContinental, 2024-06-20

“If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”
― Jack Welch (1935-2020)

McKinsey estimates tokenization will be less than $2 trillion by 2030, Ledger Insights, 2024-06-21

“The mathematical economists have commonly been mathematicians first and economists afterward, disposed to oversimplify the data and underestimate the divergence between their premises and facts of life.”
― Frank H. Knight (1885-1972)

Bitcoin Blockspace: Dynamics of System Resource Use, Bitcoin Magazine, 2024-06-21

“The Bitcoin ledger of transactions might just be the only objective set of facts in the world”
—Saifedean Ammous

William Pesek: US debt moving toward $50 trillion isn’t whole story, Asia Times, 2024-06-21

"A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army. We must not let our rulers load us with perpetual debt."
― Thomas Jefferson (1743-1826)

US Debt Clock