Bitcoins - digital currency
I saw a headline that said they're turning lead into gold with the LHC. I have to assume that's 100% factual and gold is basically worthless now.
I saw a headline that said they're turning lead into gold with the LHC. I have to assume that's 100% factual and gold is basically worthless now. I didn't read the article.
If this is possible (which I kinda doubt....) I am virtually certain they cannot do it at any meaningful scale. Meaning gold is in fact not going to become worthless because of the LHC.
I saw a headline that said they're turning lead into gold with the LHC. I have to assume that's 100% factual and gold is basically worthless now. I didn't read the article.
If this is possible (which I kinda doubt....) I am virtually certain they cannot do it at any meaningful scale. Meaning gold is in fact not going to become worthless because of the LHC.
It had been possible for decades to convert mercury into gold. Basically you're only going to get a few atoms, at enormous cost.
Such transmutation is possible in particle accelerators or nuclear reactors, although the production cost is estimated to be a trillion times the market price of gold. Since there is only one stable gold isotope, 197Au, nuclear reactions must create this isotope in order to produce usable gold.[4]
Gold was synthesized from mercury by neutron bombardment in 1941, but the isotopes of gold produced were all radioactive.[5]
https://en.wikipedia.org/wiki/Synthesis_...
As for lead and the LHC:
Through near-miss collisions rather than head-on atomic bashes, the team at the ALICE collaboration can convert lead to gold at a rate of 89,000 atoms each second. Although each gold atom survived only a tiny fraction of a second, the experiment is a testament to the precision of modern particle physics.
Despite the astonishing atom-per-second count, the total mass of gold created between 2015 and 2018 added up to just 29 picograms — far less than visible to the naked eye.
If this is possible (which I kinda doubt....) I am virtually certain they cannot do it at any meaningful scale. Meaning gold is in fact not going to become worthless because of the LHC.
it's a thing, but it was a microscopic amount of gold and the cost to do it far exceeded the yield. yes, I don't see it happening at scale, but who knows what technologicial advances we will make.
My proposal is a solution to 3 things:
1) Retirement woes
2) Housing woes
3) Young people bitching about both
Bitcoin IRA with 3 annual contribution categories $2500, $5000, $10000. At year 3 you get to borrow against your collateral for rent or mortgage at 7%. Here's what you can start borrowing at year 3.
You might want to review https://www.irs.gov/retirement-plans/pla...
I find this the best video for getting people to understand why bitcoin is important. If you can get someone to spend 30 minutes of their time actually watching it and paying attention I don't think there's anyway to argue against it and everyone I have shown it to sees the light. I learnt from it as well, particularly the point about reducing obesity in the population.
It's probably just a coincidence but I saw a member of the Reform party in the UK post on X "wow" after being linked this several months ago and now they have come out as a pro bitcoin party.
i couldn't get through that, it was unbearable practiced and rehearsed new age self help scummy guru vibes
once he began using those super vague statements that apply to everyone like a fortune teller i was out, made about 2 minutes
class barnum effect usage
That guy talking about Bitcoin lowering obesity rates should be enough to ignore it.
That guy talking about Bitcoin lowering obesity rates should be enough to ignore it.
Money printing causes inflation which leads to price increases/shrinkflation/lowering of quality of products.
The lowering of quality of ingredients in food leads to higher rates of obesity in the population which leads on to more crisisis and bigger governments and gets the money printer going again.
But ok fair enough if you dont agree. I stand by that video being completely spot on. I don't think its really fair to comment unless you do watch it all.
Plenty of great Andreas Antonopoulos videos on YouTube doing a great job of explaining the value & importance of bitcoin. Not that this is news for 99% of posters & lurkers in this thread.
Andreas gave me my current mantra for raging against the machine: I exit.
It’s pretty bullish if we hold here, all we’ve done so far is backtest the previous (all time) highs.
Today is the 'I ain't buying that sh*t' phase of the no-coiner perpetual cope cycle.
"Physical goods require active force simply to maintain ownership, trust-based assets require trusted third parties to operate them. Storing abstract economic value in either enables negative sum actors (NSAs) to parasite as negative sum actors can specialize exclusively in force, taking physical goods by force and either coercing trusted third parties, or using force to BECOME the trusted third party (the origin of State). Positive sum actors had to either reduce their own production to make time for murdering/imprisoning/exiling NSAs, pay extortion to them, or employ positive sum actors specializing in force (police/military), however, as abstract economic value was seizable, there was a constant selection pressure for these “immune cells” to turn malignant.
Hence the cyclic nature of empire/nation growth and decay, positive sum actors build, negative sum actors corrupt and destroy, NSAs are excised & PSAs rebuild from the ashes. As can be seen, PSAs have been at a HUGE disadvantage to NSAs through history, the best “solution” we had come up with pre-BTC was Plato’s Benevolent Philosopher King, a perfectly trustworthy trusted third party, do you have any Benevolent Philosopher Kings lying around? Not a real solution.
But by placing abstract economic value beyond the veil of voluntarity, positive sum actors can reverse the advantage. Satoshi has “fixed the glitch”, NSAs will no longer be able to parasite “so it'll just work itself out naturally”. No force, no confrontation, necessary.
Bitcoin obsolesces coercion, achieving Voluntarism not via an impossible to implement “non-aggression principle”, but by removing the profitability of force." -- Anon
AI can make some bangers for you in no time.
ATH week?
You’ve been in this thread the longest so I just assume you know.
I say 113k tomorrow.
There is no point in betting the BTC price tomorrow, what I've observed in my years in this market is that you can expect it to roughly double every 4 cycle, sometimes even faster.
Musk/Trump fighting + Iran bombing Israel ÷ LA riots = $1,000,000 BTC in 2025, according to an article my Grandpa emailed me.
