Collisions of Light Produce Matter/Antimatter from Pure Energy
“Study demonstrates a long-predicted process for generating matter directly from light — plus evidence that magnetism can bend polarized photons along different paths in a vacuum”
Good read. If the coins ever get spent (the early defensively mined coins), it would have a massive symbolic impact on the entire ecosystem. I think it could take tens of years to recover.
Taproot incoming (Nov). I2P support. 👍
It needs to get more popular in other countries besides the US because of this, there needs to be a Bitcoin alliance of some kind (growing in South America). And the “exchange” ecosystem needs to be more robust (regulatory arbitrage) for the middle class.
Even pessimistically, perhaps Bitcoin's hashrate to price can be seen as a measure of globally underutilized or inefficiently utilized potential energy output. A useful tool that cuts across opaque governance models (like the CCP).
Another thing worth considering--it may be harder to regulate as the energy industry gets involved.
Say one invests tax $$$ and construct and new micro-nuclear plant: Bitcoin can be the promise that the energy gets used even if people or businesses don't meet supply predictions.