It was demonstrated long ago that most all trading markets are chaotic. By definition, you won't see a sign of collapse in sight.
Unlike useful markets, (but similar to 17th century tulips), crypto has no intrinsic value. Therefore, there is no bottom to a potential crash.
Are they smart enough to know to pull those gains out before the tulip market crashes?
I'll know that AI has achieved a major milestone when one of them eventually says:
"Crypto is a strange game. The only winning move is not to play."
What warms the ocean more? Greenhouse gasses from power generation for cooling, or just using the ocean directly as a heat sink.
Greenhouse gasses, by orders of magnitude.
The gasses leverage the vast energy available from the sun over a span of decades. The server heat is one and done.
Undoubtedly, the greenhouse gasses released from powering these servers will warm the oceans far more than the servers themselves will.
Once again, that is out. White males are in.
At least ones who bother to keep up with current events.
Given that a white male like you will never be given a management position
Obviously, you have been living under a rock for the last 9 months.
In my day, the whole world was an "analog bag".
Mainly because my parents were too cheap to buy me the TRS-80 I kept harping about.
100 Big corporation publishes paper claiming to finally achieve quantum supremacy
200 Wait a few days
300 Some random math guy demonstrates how to calculate the same thing faster on a conventional consumer laptop
400 GOTO 100
On the flip side, one reason I'm sticking with my old cars and not considering buying a new one any time soon is because I really like the fact that they lack connectivity of any kind. They also have real control knobs and no touch screens.
Folger's Crystals already did this experiment this back in the 1980s. Then they publicized the results ad nauseam.
No.
This room-temperature ice is simply a plot device that demonstrates the sheer stupidity of human behavior.
If you set up a market, and multiple people who actually had $1e100 put in a bid of that amount for your stupid crypto, then at least for that instant it was worth that much. It may not be worth that much later, but it would be NOW.
FFS, how can you have such a hard time understanding such a basic concept?
If you automate everything then you break the social contract. Millions of unemployed people lead to unrest in the land.
Winning is losing.
Luckily for the Chinese, they're allegedly communists.
"From each according to his ability" - that would be the robots.
"To each according to his need" - those millions of people.
We'll see whether it pans out.
By definition, what things sell for now is what they are worth now.
Why don't you go to the next board meeting of a typical publicly traded company, offer to buy them out by giving them its liquidation value in cash, and see what happens.
"There is nothing new under the sun, but there are lots of old things we don't know yet." -Ambrose Bierce
