Good afternoon Lyn 🫡

Great assessment Lyn. The one item which lowered the overall grade, which I understood as mining pool centralization (or opportunity for more decentralization), is spot on.

will read soon, thanks amigo

Wonderful!

amazing https://image.nostr.build/ba8faaeb71f753e54a4f4830c374ef7fb3fad99b179c0f05cc0abec324938e96.jpg#m=image%2Fjpeg&dim=1080x386&alt=So%2C+who+would+buy+bitcoin+when+it%E2%80%99s+over+%24100k+or+%24200k+per+coin%3F+Entities+that+can%E2%80%99t+really+buy+it+until+it%E2%80%99s+that+big%2C+is+who.&bl...

I'm really quite afraid of this ever-growing list of entropy/randomness/RNG flaws through time, as it relates to all our much vaunted bitcoin-specific hardware and software: 1930s: Enigma, encrypted letter could never be the same as the original letter 1994: Netscape SSL, seeds easily guessed, suc...

Very good points. Just read it last night. Thank you.

Thanks - great distillation and framing of some complex topics. I loved the way you explained how merchant adoption is not 0 or 1 since being able to exchange for casino chips (fiat) enables Bitcoin spending.

took me 1 hour to finish reading, it's pleasing to read your words. as a semiconductor sector guy l'd say, yes, the ASIC production is way more centralized than we could imagine! high speed computation chips naturally require more advanced fab processing like10m or even lower, say with 10m process ...

Very Well done!

everyone asking how bitcoin is doing, no one asking how bitcoiners are doing 😔

Good point of view to analyze the health of the Network according to those 5 points and how from here some agents can at least take an opinion on how Bitcoin behaves. I agree that one of the current shortcomings is the concentration of chip manufacturing in a few companies and that large numbers of ...

Excellent. TY Lyn. Really makes sense using global liquidity as a measuring stick amongst all your other sound thinking.