Was the recent artificial pumping of BTC (Bitcoin Core), by printing new Tether tokens without backing, necessary, to make it possible for node operators to be able to afford to keep mining. Given the block reward is now so low that a $100 million data centre can no longer sustain itself at a lower price, the price had to be pumped at all costs? A veritable monopoly power, completely contrary to bitcoin's narrative on the principles of decentralisation and censorship resistance. Very similar to modern central banking where taxation is slowly becoming a secondary source of state revenue, and the Treasury commands The Bank to issue new money without needing to buy treasury bonds, but dishes out the new money to business and people directly. It looks oddly like MMT by the back door, very much in line with its sibling in the current 2 Tier legal system emerging before our eyes. Socialism is the only ideology evidently. And by hook or by crook we will get it delivered appar...
North Stoke Life
For the rentier and property owner