BTC in the PP

[dualstow]

…
A good day to be in LTT

(which I'm not)

I haven’t looked yet. Still rooting for long bonds, despite the safe-haven status doubts.

[Smith1776]

Bitcoin has more whiplash than a car accident.

[Xan]

Modern headrests have greatly reduced whiplash in car accidents.

EXCEPT for some reason GM vehicles (at least Suburbans/Tahoes) don't have them in their middle seats. Middle rear: no headrest. Middle middle: no headrest. I recently saw a Suburban with a front-row bench seat. Middle front: no headrest. Almost bought one before I noticed this. (Also the console was a dome for apparently no reason so you could never put anything on it ever.)

Ford Expedition (including Max) has headrests on every seat.

Oh and another thing: GMs always turn on their backup lights for non-backup reasons. Absolutely terrible.

[Smith1776]

One can always count on Xan to come into a thread and drop some mad knowledge.

[Xan]

That's one way to describe "off-topic"!

[mathjak107]

Modern headrests have greatly reduced whiplash in car accidents.

EXCEPT for some reason GM vehicles (at least Suburbans/Tahoes) don't have them in their middle seats. Middle rear: no headrest. Middle middle: no headrest. I recently saw a Suburban with a front-row bench seat. Middle front: no headrest. Almost bought one before I noticed this. (Also the console was a dome for apparently no reason so you could never put anything on it ever.)

Ford Expedition (including Max) has headrests on every seat.

Oh and another thing: GMs always turn on their backup lights for non-backup reasons. Absolutely terrible.

my 2023 lexus rx500 was destroyed labor day when a guy ran a red light and creamed my wife and i .

the car had 50,000 dollars in damage .

although they transported us from the accident to the hospital only injury i had was from a knee air bag the lexus has that goes off with the main airbag . just a bruise .

my wife had bad bruising from the seat belt and airbag .

but we walked away unscathed.

the guy originally told me he didn’t see the light , but once the police came he changed his story .

the guy next to me had a dash cam and caught everything so he sent me a copy.

his company took full responsibility once they saw the video .

first thing i had done on the new lexus was have the factory dash came put in

i have the dash cam footage if anyone wants to see it

[Smith1776]

Yikes, I'm really glad you're okay mathjak. And the missus for that matter.

Seeing the dashcam footage would indeed be interesting.

[mathjak107]

Yikes, I'm really glad you're okay mathjak. And the missus for that matter.

Seeing the dashcam footage would indeed be interesting.

i am the white lexus .

you can see me waiting for the light .

being a drummer i was drumming on the wheel waiting .

you can see me hesitate for a minute , thankfully or he would have t- boned me in the door .

drumming saved my life. lol

[Smith1776]

Mathjak, it looks like you appended some media to your last post but it looks like the forum is unable to parse it.

Is anyone else able to view Mathjak's attachment?

[mathjak107]

interesting as i see it playing on the post in the forum.

let me try a different way

https://photos.smugmug.com/FAMILY/n-cK5 ... 8-1280.mp4

[yankees60]

Bitcoin's Price Plunges Below $64,000. Welcome to 2026's 'Crypto Winter'

https://www.investopedia.com/bitcoin-s- ... erm=midday

[yankees60]

https://www.capitalspectator.com/is-bit ... -deciding/

Is Bitcoin Digital Gold or Fool’s Gold? The Market’s Still Deciding

[Smith1776]

interesting as i see it playing on the post in the forum.

let me try a different way

https://photos.smugmug.com/FAMILY/n-cK5 ... 8-1280.mp4

Wow. That's intense. Again, you and your family are okay.

[mathjak107]

yep the lexus did a great job protecting us .

air bags sandwiched us in and i really like the idea of the knee airbag .

i had jumped out of the car fast , just in case the other guy tried to run .

but my wife couldn’t get out because the way the car was hit my side elongated and her size contracted so the fire department had to get her out . they used this small, spreader to open the door .

what was crazy was automatically the car dialed an operator . so my wife is in the car and the voice goes , do you need help?

she couldn’t breath well because her chest got hit hard so she goes yes .

the operator goes what do you need ? she goes i don’t know send everybody.

in the mean time i am with the other driver and i called 911 …. i didn’t know the car auto dialed so i am still on reporting it and i see two fire trucks and police cars coming .

that was amazing response for new york city .

the police saw the video and deemed him 100% at fault .

they told my wife and i to go to the hospital and they would get all the information for us and arrange to tow the car .

our insurance company settled in a week it was so cut and dry with the video .

[mathjak107]

Bitcoin's Price Plunges Below $64,000. Welcome to 2026's 'Crypto Winter'

https://www.investopedia.com/bitcoin-s- ... erm=midday

that was an insane drop but then again so was silver …. phew

[mathjak107]

yep the lexus did a great job protecting us .

air bags sandwiched us in and i really like the idea of the knee airbag .

i had jumped out of the car fast , just in case the other guy tried to run .

but my wife couldn’t get out because the way the car was hit my side elongated and her size contracted so the fire department had to get her out . they used this small, spreader to open the door .

what was crazy was automatically the car dialed an operator . so my wife is in the car and the voice goes , do you need help?

she couldn’t breath well because her chest got hit hard so she goes yes .

the operator goes what do you need ? she goes i don’t know send everybody.

in the mean time i am with the other driver and i called 911 …. i didn’t know the car auto dialed so i am still on reporting it and i see two fire trucks and police cars coming .

that was amazing response for new york city .

the police saw the video and deemed him 100% at fault .

they told my wife and i to go to the hospital and they would get all the information for us and arrange to tow the car .

our insurance company settled in a week it was so cut and dry with the video .

https://photos.smugmug.com/FAMILY/n-cK5 ... 159-XL.jpg

[Jack Jones]

Thus, a Bitcoin Standard, just like gold standard, would be actually a Bitcoin Certificate Standard, or a Claims on Bitcoin Standard (perhaps it didn't fit on the book's cover), but even more so. In practice, almost all bitcoin would be held in a few secure facilities that would be either controlled or easily pressured by authorities (and I hope they don't get hacked. Physical currency has an inherent limit on theft risk, because you can only carry so much of it). Most transactions would happen off-chain. Moreover, since hardly anyone would actually want to take a physical delivery of bitcoin (it would be extremely risky and expensive even gov-to-gov), there would be a much wider leeway to inflate the number of claims on it.

So we would back on fiat in no time, just with few more stupid, unnecessary steps. And apparently even impoverished Zimbabweans can understand this argument in their bones, even if their cannot articulate it in as many words as I have. And perhaps I could just have said "no one will store their savings in something they can see or touch, that requires a PhD in network security to use, and that will go poof if you make a single mistake".

Does the Bitcoin Standard book address this argument at all?

Unfortunately, I think this is accurate for Bitcoin as it exists today. 8 billion people won't be able to self-custody their Bitcoin. However, that doesn't mean that everything will collapse to a few secure facilities. For example, there could be a million layer 2 banks, each serving around 8000 customers.

You're right, most people don't have the skills to secure a wallet themselves. Banks will still exist to serve people, and bank to bank transactions will be made in Bitcoin.

This may seem like a fiat system, but the difference is that it is fair. No one has the exclusive right to print money, thereby enslaving the rest.

It's back to the gold standard but w/ ease of delivery this time.

You have a strong understanding an interest of Bitcoin, you should just buy the Bitcoin Standard book. It has a lot of interesting tales about moneys gone by. Also, while you're at it, I'll also plug the short book, The Natural Order of Money. In it, he argues that we need to get back to a gold standard because it ties the service economy to the real economy (food, fuel, and minerals).

I would also recommend Hijacking Bitcoin to anyone investing in Bitcoin.

Looks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

[Xan]

Looks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

If I'm at a cocktail party and I say that Epstein is responsible for hijacking Bitcoin, I sound like an absolute lunatic.

[Smith1776]

Looks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

If I'm at a cocktail party and I say that Epstein is responsible for hijacking Bitcoin, I sound like an absolute lunatic.

Yes, but you're our lunatic. ^__^

[Jack Jones]

Looks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

If I'm at a cocktail party and I say that Epstein is responsible for hijacking Bitcoin, I sound like an absolute lunatic.

Well, thanks to you, we lunatics have a safe space to discuss such things. There is a lot we discuss here that is not proper for a cocktail party. Maybe after midnight you can let it all hang out.

[dualstow]

I recently found out that my cat is in the Epstein files.
Devastated.

[Smith1776]

My cat's name shows up 417 times LOL