Is it possible that 2025 was the "bear market"? 
Is it possible that 2025 was the "bear market"?![]()
Electric water heater that mines bitcoin
Bitcoin "mining" is a metaphor for mining gold. There is no physical Bitcoin mine.I’ve got absolutely no idea what “mining” bitcoin means guys?
It is a way to impose a physical cost (electricity) to create new entries on the shared ledger (bitcoin). For the next few decades, the remaining bitcoin that will exist (last 1 million out of 21m) will be paid to miners as a subsidy, since the network is not mature (few users compared to global pop).Thank you.
I was aware that there was no actual “physical” bitcoin, but the whole mining of it left me scratching my head and unfortunately still does.
But the government promotes "economic progress" by stealing from its people, chance!If the government can no longer steal from its people via money printing, and instead has to provide a market good (like security) at a market price to voluntary market participants (bitcoin cannot be taken by force), the Washington parasite class as we know it ceases to exist.
For the same reason goyslop is promoted as healthy and low energy usage is good for the environment…it keeps the slaves dumb, poor, and numb on pharmaceuticals while watching sportsball and Netflix, so they will continue working to support the current “elites.”But the government promotes "economic progress" by stealing from its people, chance!the argument of “governments can’t print bitcoin and therefore will never adopt it”