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i have a joke about nihilism, but i guess it doesn't matter

This is Bitcoin shrugging off China's recent ban....

According to the report, the FAA cited a long list of concerns, including a serious flight control incident during a test flight on Dec. 8, 2020, when the plane experienced an "uncommanded pitch event" meaning the nose of the aircraft pitched abruptly up or down without input from the pilots. During the incident, flight-control software triggered the plane to move without pilots’ input, similar to the malfunction responsible for the two 737MAX crashes. Boeing has yet to satisfy the FAA that it has fully understood and corrected what went wrong that day. An FAA official said the drag on 777X certification is now “the subject of a lot of attention” at high levels …

The filing names twelve funds, including Counterpoint Global, which Bloomberg News reported was considering some kind of bitcoin investment or exposure strategy. As Thursday's filing notes: The filing also indicates the degree to which each fund may gain exposure, suggesting as much as 25 percent of their respective assets could be put towards bitcoin products. “Each of the Advantage Portfolio, Asia Opportunity Portfolio, Counterpoint Global Portfolio, Developing Opportunity Portfolio, Global Advantage Portfolio, Global Permanence Portfolio, Global Opportunity Portfolio, Growth Portfolio, Inception Portfolio, International Advantage Portfolio, Internati…

Bitcoin's mining difficulty is poised to see its largest drop ever in an upcoming adjustment. Multiple on-chain data sites estimate that the mining difficulty will see a plunge of around 21% in its upcoming adjustment that is set to happen at the block height 689,472. The difficulty and hash rate plunge reflect the magnitude of China’s mining farm shutdown orders this month. This is not bad or good. This is just how bitcoin is supposed to function. It also reduces energy expenditure.

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I think time to time we need to remember this. Satoshi didn't try to convince people how awesome Bitcoin is or would be. We don't neither. BTC will prevail no matter what. This is what makes it great. If you wanna remember: https://bitcointalk.org/index.php?topic=532.msg6269#msg6269

https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2020/int1170.pdf Yes the Acting Comptroller who wrote the decision was previously Chief Legal Officer at... COINBASE. This is HUGE people....

Binance advises customers to close out all positions immediately.

I think they should just embrace bitcoin personally. 😉

It uses electricity equivalent to 10 million barrels of crude oil each year for Bitcoin mining - around 4% of total Iranian oil Iran generates 100s of millions in USD in Bitcoin - Reuters

That’s a bitcoin price of over $500,000