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The Winklevoss twins’ thesis is simple. For them, Bitcoin is gold 2.0 that will eventually disrupt gold:

“Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold.”

Based on this observation, the Winklevoss twins believe that Bitcoin will reach the gold market cap in the next decade. The gold market cap is currently $9T.

The advantage of Bitcoin is that its monetary policy is programmatic. Everything is predictable. We can therefore estimate fairly accurately the number of Bitcoins that will be in circulation in 2030. This number will then be 20 million BTC.

If Bitcoin has a market cap of $9T in 2030, the price of Bitcoin will be $450K.

Over the next decade, the great monetary inflation we are currently experiencing will continue to intensify. Under these conditions, the U.S. dollar will continue to weaken, which will boost the price of gold, but also the Bitcoin price.

Under these conditions, the Bitcoin price could be closer to $500K than $450K with a market cap similar to that of gold in 2020.

The reasoning of the Winklevoss twins is the same reasoning that many Bitcoiners do as well. It is based on three major elements:

The law of supply and demand.

The gold market cap.

The endless inflation of the U.S. dollar.

With its current price of $18K, Bitcoin has enough to offer a 25x gain to all those who will choose to buy it before becoming HODLers.

So all together 5,300,000 citizen * 0.000114 BTC per citizen = 604.2 BTC

Did you know that every single Norwegian citizen indirectly owns 0.000114 BTC?

''Oljefondet'' is a fond controlled by the Norwegian goverment where alot of Norways oil profits goes and are invested.

Every norwegian owns an equal part of this fund.

''Oljefondet'' Owns a 1,51% Stake in Microstrategy (source:https://www.nbim.no/no/oljefondet/beholdningene/beholdninger-per-31.12.2019/?fullsize=true)

Microstretegy owns approx 40,824 BTC (soruce: https://bitcointreasuries.org/)

The Norwegian population is 5 367 580 (source: https://www.ssb.no/befolkning/statistikker/folkemengde/aar-per-1-januar)

That means that every Norwegian citizen owns 0.00011485 BTC or approx 2 USD.

 + another 0,000000728 BTC pr Citizen from Square Inc. (4709 BTC where Norway has a 0,83% of the shares)

1. Do not walk behind me, for I may not lead. Do not walk ahead of me, for I may not follow. Do not walk beside me for the path is narrow. In fact, just leave me the Hell alone. 

2. Sex is like air. It's not that important unless you aren't getting any.

3. No one is listening until you fart. 

4. Always remember you're unique. Just like everyone else. 

5. Never test the depth of the water with both feet. 

6. If you think nobody cares whether you're alive or dead, try missing a couple of payments. 

7. Before you criticize someone, you should walk a mile in their shoes. That way, when you criticize them, you're a mile away and you have their shoes. 

8. If at first you don't succeed, skydiving is not for you. 

9. Give a man a fish and he will eat for a day. Teach him how to fish, and he will sit in a boat and drink beer all day. 

10. If you lend someone $20 and never see that person again, it was probably well worth it. 

11. If you tell the truth, you don't have to remember anything. 

12. Some days you are the dog, some days you are the tree. 

13. Don't worry, it only seems kinky the first time. 

14. Good judgment comes from bad experience ... and most of that comes from bad judgment. 

15. A closed mouth gathers no foot. 

16. There are two excellent theories for arguing with women. Neither one works. 

17. Generally speaking, you aren't learning much when your lips are moving. 

18. Experience is something you don't get until just after you need it. 

19. We are born naked, wet and hungry, and get slapped on our ass... then things just keep getting worse. 

20. Never, under any circumstances, take a sleeping pill and a laxative on the same night.

 

Maybe this will be more explanatory of the overall situation?

Ships are cheaper than scrap metal?
 

As the news talks about enforcing mandatory lockdowns, and handing out money to citizens… There has been a problem that has been rapidly expanding in the background of all of this news. …

And It is a problem that the world has never really seen before. In fact… it might create a crisis that won’t just be felt in the next week, the next month, or even the next year... but it might be felt for several decades to come…

During World War 2, Britain was in the thick of war against the axis powers. However, Britain ran into a roadblock…they were quickly running out of money. So, they began looking to borrow money from both their own future taxpayers, as well as the United States & Canada. In 1941 Britain began accepting loans and taking on debt to fund the war… and by 1945 Britain had taken on nearly $10 Billion dollars worth of debt from its creditors. At this point in time, Britains debt to GDP ratio was a whopping 200% meaning that the country had twice as much debt, as its entire market value of all its goods and services it produces over an entire year. And just some perspective for you, is that the World Bank states that once a country reaches above 77% debt to GDP ratio, its economy will begin to slow down from such a large portion of its revenue going towards paying down its debt. Anyways, after the war ended, Britain had amassed a debt that was so large, that they couldn’t pay it back in 1 year, 5 years, 10 years, or even 20 years.

On December 29, 2006, Britain made its last repayment on its World War 2 debt to The United States and Canada. This means that British taxpayers from 1945, up until 2006 had a small portion of their tax bill every year, go towards the Debt that the country accumulated in the 1940’s. And for about a decade after the war, Britains economy was drastically hindered, in part due to their outstanding debt that they incurred. However, their economy eventually recovered thanks to an influx of taxpayers, called the baby boomers, as well as some economic reforms and infrastructure investments. But a lot of the times when a country accrues as much debt as britain did, they are not so lucky.

In 2001 Argentina’s debt to GDP ratio reached a high of 166%, which caused the country to default on over $100 Billion dollars worth of debt. This default made capital move out of the country, and soon the nation saw millions of people enter poverty while unemployment reached a high of 19%. And to this day, Argentina hasn’t fully recovered from its debt crisis that it went through nearly 20 years ago. And similar stories can be said for Greece in 2012, Zimbabwe in 2006, Venezuala in 2017, and Russia in 1998. The point I am trying to make here is that even though debt can be a good thing to take on… in order to solve today’s serious problems…it will almost always have serious long-term consequences that could last for years or even decades.

So now, lets bring this back to the United States. So whether you know it or not, America essentially runs on debt. Historically, America’s economy has been so big, and has grown so fast, that taking out tens of billions of debt here or there hasn’t really been much of a big deal because it was such a small percentage of the countries overall Economy. For example In 2006, The United States had a relatively healthy Debt to GDP ratio of about 60%. But then…the financial crisis hit. During the financial crisis, the United states began scrambling for ways to pump money back into the economy… so it began taking out hundreds of billions of dollars worth of debt. And some people might think that The United States, along with every other country that took out debt to get through the financial crisis, has paid off some of their debt since 2008. But actually, the opposite of that is true.

You see, since the financial crisis, many developed countries throughout the world have been accruing more and more debt every year, while economic growth has slowed. This means that many countries may actually find it more difficult to pay off their debt now, than they did during the financial crisis.
 

This makes it look almost 'doable'..... but it would take me a couple months and I probably still couldn't put it back together again correctly.

What a terrible implementation of an interesting design.

It only lasted 50 years.....

1. The later you are, the more excited your dogs are to see you.


2. Dogs don't notice if you call them by another dog's name.


3. Dogs like it if you leave a lot of things on the floor.


4. A dog's parents never visit.


5. Dogs agree that you have to raise your voice to get your point across.


6. You never have to wait for a dog; they're ready to go 24 hours a day.


7. Dogs find you amusing when you're drunk.


8. Dogs like to go hunting and fishing.

9. A dog will not wake you up at night to ask, If I died, would you get
another dog??


10. If a dog has babies, you can put an ad in the paper and give them away.


11. A dog will let you put a studded collar on it without calling you a
pervert.


12. If a dog smells another dog on you, they don't get mad. They just think
it's interesting..


13. Dogs like to ride in the back of a pickup truck.


And last, but not least:


14. If a dog leaves, it won't take half of your stuff.
 

Oops. Looks like you posted a photo of the video instead of a YouTube link?

I’m gonna need a lot more wine. 

https://www.independent.co.uk/life-style/gadgets-and-tech/anti-ageing-reverse-treatment-telomeres-b1748067.html

Maybe I misunderstood but it appears they they “withheld” some oxygen for 90 minutes per day? Which seems counterintuitive to me. 

A college pizza delivery boy arrived at the house of Mr.Smith. He delivered the pizza to his trailer. After giving it to him, Mr. Smith asked: "What is the usual tip?"

"Well," replied the youth, "this is my first trip here, but the other guys say if I get a quarter out of you, I'll be doing great." 

"Is that so?" snorted Mr. Smith. "Well, just to show them how wrong they are, here's five dollars."

"Thanks," replied the youth, "I'll put this in my school fund."

"What are you studying in school?" asked Larry.

The lad smiled and said: "Applied psychology."

So true.  
 

the century of consumerism.  Is it over?

Who says cops don't have a sense of humor? The following were taken off of actual police car videos around the country.

"Relax, the handcuffs are tight because they're new. They'll stretch out after you wear them awhile."

"Take your hands off the car, and I'll make your birth certificate a worthless document."

"If you run, you'll only go to jail tired."

"Can you run faster than 1,200 feet per second? In case you didn't know, that is the average speed of a 9 mm bullet fired from my gun."

"So you don't know how fast you were going. I guess that means I can write anything I want on the ticket, huh?"

"Yes, Sir, you can talk to the shift supervisor, but I don't think it will help. Oh ... did I mention that I am the shift supervisor?"

"Warning! You want a warning? O.K., I'm warning you not to do that again or I'll give you another ticket."

"The answer to this last question will determine whether you are drunk or not. Was Mickey Mouse a cat or a dog?"

"Fair? You want me to be fair? Listen, fair is a place where you go to ride on rides, eat cotton candy, and step in monkey poop."

"Yeah, we have a quota. Two more tickets and my wife gets a toaster oven."

"In God we trust, all others we run through NCIC."

"Just how big were those two beers?"

"No sir we don't have quotas anymore. We used to have quotas but now we're allowed to write as many tickets as we want."

"I'm glad to hear the Chief of Police is a good personal friend of yours. At least you know someone who can post your bail."

"You didn't think we give pretty women tickets? You're right, we don't. Sign here."

All I know is that each time I open this page I start chuckling and end up laughing.

This really is the Rick Astley of the 70's. Even his voice is similar.

Allowing the customers to select their next grave.... interesting concept.