Bitcoin Is Absurd, Component II: Struggles For Satoshi
Absurd Bitcoin

Bitcoin Is Absurd, Component II: Struggles For Satoshi

Right now Bitcoin is experiencing a gigantic drop in hashrate due to the Chinese Communist Party (CCP) shutting down mining in the country. Already being dubbed “The Great Hashrate Migration,” a huge amount of mining equipment is being unplugged and shipped to friendlier jurisdictions around the world. Some Chinese miners have taken to booze as…

Bitcoin Is Absurd, Component I actually: Volcano Mining And The Banana Republic
Absurd Bitcoin

Bitcoin Is Absurd, Component I actually: Volcano Mining And The Banana Republic

Barely more than two weeks ago I listened live along with more than 20,000 others to President Nayib Bukele of El Salvador and his brother/campaign manager Karim discuss their country’s decision to officially make bitcoin legal tender. Celebrities, billionaires, developers, intellectuals, politicians and anonymous plebs alike listened in while the president answered questions from people…