BUT! we have several other accelerators.

Also the institutional money pouring in. PlanB published the stock-to-flows (S/Fs) model which is presumably causing many institutional investors to realize Bitcoin has a model for its valuation. This may also cause more people to front run the minted Bitcoin block reward halving than in prior halvings.

And the flight from all currencies around the world other than the dollar, as all economies peripheral to the USD reserve stumbling into the Minsky Moment. The HKD peg will also soon break, Hong Kong may be eventually subject martial law, war with Iran, BREXIT, militant 2020 POTUS election, confidence in fiscal discipline overrun by socialists/protesters in Argentina/Chile (Chile agrees to enshrine guaranteed government obligation to universal right to free welfare for everything in an upcoming rewritten Constitution), etc..

I elaborated on and summarized what billionaire hedge fund mgr Ray Dalio recent statements.

My only concern with this much acceleration is how soon does bitcoin break all the ETFs, and then soon after, when bitcoin goes no bid.

I emailed to warn Bakkt (also posted on the CEO’s Medium blog) that all their “anyone can spend” BTC will be donations taken by the miners at the halving event if the SegWit occurs as Craig Wright has warned, unless they change to using legacy addresses that begin with 1 instead of a 3. They ignored me of course.

McAfee rightly points out that the real supply of transferable Bitcoin is probably only ~10 million BTC because of lost private keys.

And remember I posit that Craig promised to dump ~1 million BTC Core (not his legacy BTC which he will split before) tokens on the exchanges around the time of the May 14, 2020 halving event. He filed a public notice so he could legally sell less than 5% of Bitcoin’s total outstanding shares and even now Craig is pretending that the $2 billion dumping will be forced on the David Kleiman estate. I posit that the entire Kleiman-as-Satoshi rumor and court case was/is an elaborate preplanned ruse, setup by the powers-that-be who created the 666 Bitcoin. IOW, Craig intentionally sued himself on purpose via Ira Kleiman. I speculate that Satoshi Nakamoto is just a fictitious name for a think thank of the remnants of the powerful families who control this world. Craig Wright is just a poster child clown they are using in a circus of deception to achieve their aims of global domination, control and enslavement.

So AFAICS the powers-that-be need to drive the price of Bitcoin skyhigh before the halving for at least two reasons:

1. So when they crash the price of Bitcoin (actually only Core will crash in price, but we will not be able to differentiate pricing initially because afaik legacy Bitcoin doesn’t trade separately on any major exchanges yet) and attack SegWit, the miners will be forced to (seek more income and thus) mine the legacy chain and partake of the SegWit booty taking (as many as can fit into each block and last time I checked there were 7 million BTC in SegWit addresses), which will crater the systemic hashrate on the Core chain but the mining difficulty will be stuck skyhigh, thus the Core chain will find a new block perhaps once a week or once a month. Core’s mining difficulty may never reset without manual intervention,and any such manual intervention would thus mean Core would no longer be a decentralized proof-of-work system. I posit if it occurs, this self feeding downward spiral is going to send Core to ~$0.

2. All of us hodling BTC (even if legacy addresses) will receive a free airdrop of Core shit coins whether we like it or not. And we will owe income taxes on the full nosebleed Bitcoin price before the attack at the time Craig initiated the private chain which forces Core to fork. Federal income taxes are unconstitutional in the U.S. Constitution, but that won’t help us. Tax authorities do not let you carry forward 100% of losses to offset future capital gains, and you still have to pay the income due by April 2021 anyway! Thus the higher the price before the attack, the more income taxes we will owe. But by the time we get to sell those Core tokens (which necessarily must be after the attack because we are not privy to the private chain until Craig releases after initiating the attack dumping his split Core on the exchanges) those Core shitcoins will be worth-less.

And this focusing of all the Bitcoin into the hands of the whales is going to cause Bitcoin to go no ask, thus driving the price through the moon and on to Neptune and outer reaches of the Milky Way galaxy so to speak.

Nouriel Roubini points out probably correctly that Bitcoin has a Gini coefficient worse than North Korea. And the posited SegWit attack will concentrate the Gini coefficient even more and thus ring of Biblical prophesy:

https://www.biblegateway.com/passage/?search=Revelation+17&version=NIV

Babylon, the Prostitute on the Beast

9 “This calls for a mind with wisdom. The seven heads are seven hills on which the woman sits. 10 They are also seven kings. Five have fallen, one is, the other has not yet come; but when he does come, he must remain for only a little while. 11 The beast who once was, and now is not, is an eighth king. He belongs to the seven and is going to his destruction.

12 “The ten horns you saw are ten kings who have not yet received a kingdom, but who for one hour will receive authority as kings along with the beast. 13 They have one purpose and will give their power and authority to the beast. 14 They will wage war against the Lamb, but the Lamb will triumph over them because he is Lord of lords and King of kings—and with him will be his called, chosen and faithful followers.”

15 Then the angel said to me, “The waters you saw, where the prostitute sits, are peoples, multitudes, nations and languages. 16 The beast and the ten horns you saw will hate the prostitute. They will bring her to ruin and leave her naked; they will eat her flesh and burn her with fire. 17 For God has put it into their hearts to accomplish his purpose by agreeing to hand over to the beast their royal authority, until God’s words are fulfilled. 18 The woman you saw is the great city that rules over the kings of the earth.”

The passage ostensibly refers to the seven hills of Rome and/or Jerusalem, which is the great city that (even if surreptitiously) rules over the kings (i.e. top-down enslavers) of the earth.

https://www.biblegateway.com/passage/?search=Revelation+13&version=NIV

16 It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, 17 so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.

18 This calls for wisdom. Let the person who has insight calculate the number of the beast, for it is humanity’s number. That number is 666.

0.666 is 2/3. Number of the Beast might be the majority rule over the minority and the Babylonian effects it enables. In Byzantine agreement theory which considers possibly duplicitous voters, 2/3 threshold for the majority is the optimal balance between safety and liveness. 2/3 majorities are apparently the most stable threshold for voting. Too close to 50% oscillates with successive votes potentially working against each other (e.g. UK’s current Brexit).

Humans demand surety. We want insurance for everything. We will not accept the will of God. We herd together to subject (enslave) each other to our demands for surety like dumb sheep who will herd themselves right over a cliff.

5 The beast was given a mouth to utter proud words and blasphemies and to exercise its authority for forty-two months. 6 It opened its mouth to blaspheme God, and to slander his name and his dwelling place and those who live in heaven. 7 It was given power to wage war against God’s holy people and to conquer them. And it was given authority over every tribe, people, language and nation. 8 All inhabitants of the earth will worship the beast—all whose names have not been written in the Lamb’s book of life, the Lamb who was slain from the creation of the world.

https://www.biblegateway.com/passage/?search=Revelation+14&version=NIV

9 A third angel followed them and said in a loud voice: “If anyone worships the beast and its image and receives its mark on their forehead or on their hand, 10 they, too, will drink the wine of God’s fury, which has been poured full strength into the cup of his wrath. They will be tormented with burning sulfur in the presence of the holy angels and of the Lamb. 11 And the smoke of their torment will rise for ever and ever. There will be no rest day or night for those who worship the beast and its image, or for anyone who receives the mark of its name.” 12 This calls for patient endurance on the part of the people of God who keep his commands and remain faithful to Jesus.

13 Then I heard a voice from heaven say, “Write this: Blessed are the dead who die in the Lord from now on.”

https://www.biblegateway.com/passage/?search=Revelation+16&version=NIV

10 The fifth angel poured out his bowl on the throne of the beast, and its kingdom was plunged into darkness. People gnawed their tongues in agony 11 and cursed the God of heaven because of their pains and their sores, but they refused to repent of what they had done.

https://www.biblegateway.com/passage/?search=1+Samuel+8&version=NIV

6 But when they said, “Give us a king to lead us,” this displeased Samuel; so he prayed to the Lord. 7 And the Lord told him: “Listen to all that the people are saying to you; it is not you they have rejected, but they have rejected me as their king. 8 As they have done from the day I brought them up out of Egypt until this day, forsaking me and serving other gods, so they are doing to you. 9 Now listen to them; but warn them solemnly and let them know what the king who will reign over them will claim as his rights.”

10 Samuel told all the words of the Lord to the people who were asking him for a king. 11 He said, “This is what the king who will reign over you will claim as his rights: He will take your sons and make them serve with his chariots and horses, and they will run in front of his chariots. 12 Some he will assign to be commanders of thousands and commanders of fifties, and others to plow his ground and reap his harvest, and still others to make weapons of war and equipment for his chariots. 13 He will take your daughters to be perfumers and cooks and bakers. 14 He will take the best of your fields and vineyards and olive groves and give them to his attendants. 15 He will take a tenth of your grain and of your vintage and give it to his officials and attendants. 16 Your male and female servants and the best of your cattle[c] and donkeys he will take for his own use. 17 He will take a tenth of your flocks, and you yourselves will become his slaves. 18 When that day comes, you will cry out for relief from the king you have chosen, but the Lord will not answer you in that day.”

19 But the people refused to listen to Samuel. “No!” they said. “We want a king over us. 20 Then we will be like all the other nations, with a king to lead us and to go out before us and fight our battles.”

21 When Samuel heard all that the people said, he repeated it before the Lord. 22 The Lord answered, “Listen to them and give them a king.”

Lyrics:

So, so you think you can tell
Heaven from Hell,
Blue skys from pain.
Can you tell a green field
From a cold steel rail?
A smile from a veil?
Do you think you can tell?

And did they get you to trade
Your heros for ghosts?
Hot ashes for trees?
Hot air for a cool breeze?
Cold comfort for change?
And did you exchange
A walk on part in the war
For a lead role in a cage?

How I wish, how I wish you were here.
We're just two lost souls
Swimming in a fish bowl,
Year after year,
Running over the same old ground.
What have we found?
The same old fears.
Wish you were here.

https://www.biblegateway.com/passage/?search=Revelation+18&version=NIV

2 With a mighty voice he shouted:

“‘Fallen! Fallen is Babylon the Great!’[a]
She has become a dwelling for demons
and a haunt for every impure spirit,
a haunt for every unclean bird,
a haunt for every unclean and detestable animal.
3 For all the nations have drunk
the maddening wine of her adulteries.
The kings of the earth committed adultery with her,
and the merchants of the earth grew rich from her excessive luxuries.”

Threefold Woe Over Babylon’s Fall

9 “When the kings of the earth who committed adultery with her and shared her luxury see the smoke of her burning, they will weep and mourn over her. 10 Terrified at her torment, they will stand far off and cry:

“‘Woe! Woe to you, great city,
you mighty city of Babylon!
In one hour your doom has come!’

11 “The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore

Haha, world has changed so much. Quoting some comments on the following 1970s live concert video:

Stadium full of Californians rocking out to a band with a Confederate flag as a backdrop.. and having the time of their lives. Weird how things change.

When California had two genders

Look how beautiful Americans and America once was...

And that's how concerts should look like ...not everyone with a fu**ng phone in their hands to later upload a sht quality video on youtube...

something about females in the 1970's...not being made up or plastic looking....just them being them! My how times have changed! #natruallybeautiful

Bring me to that concert and shoot me the next day, my life's been lived

Life was so good back then! My girlfriend and I would hitchhike to the beach and spend the weekend. We'd sleep in a crash pad - you could always find friendly people who would share space and love. We had no fear. I ran away to the Caribbean when I was 17. Tried to see Led Zeppelin in Florida - was it 1971? - but for the first time ever, they were checking bags and I ended up spending the night in jail with about 150 other hippies! lol! Missed the concert but had a great time. I came back to the USA wearing hip huggers so low my pubic hair almost showed, a tiny crop top, and flip-flops, with a baby on my hip. They probably wouldn't let me fly today dressed like that! People communicated - didn't have their faces stuck in a phone or computer. I've loved my wonderful life! I'm so glad I grew up when I did.

Lyrics:

Just one more fix, Lord, might do the trick
One hell of a price for you to get your kicks

Comment:

Eerie story: after a night of partying in Jacksonville, Lynyrd Skynyrd guitarist Gary Rossington was involved in a car accident, which he survived; he was drunk and high at the time of the accident. Prior to this, the band members had been known for indulging in both drugs and alcohol. Ronnie Van Zant had started to have a "creepy feeling that things were going against [them]," so he wrote this song as a warning. Three days after the album's release, the plane crash happened and killed most of the band members.