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PaperclipPerfector  3mo ago (text post)   3121 thread views

Friday Fun Thread for January 12, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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https://thequantuminsider.com/2024/01/04/its-back-researchers-say-theyve-replicated-lk-99-room-temperature-superconductor-experiment/

If I wanted to bet that some variation of (refrigerated-room) temperature Super Conductors will be available in the next ten years, what would I invest in?

What use are super conductors? If they are used in computing and they'll drop the price of computation then Bitcoin or other computation limited cryptocurrencies could be a good idea.

Proof of work cryptocurrencies are, if anything, harmed by the development of cheaper compute. The compute difficulty is not a bottleneck, it's the POINT. When miners start solving the hashes too quickly the networks automatically adjust to increase the difficulty.

So if supercomputers got cheaper then all the miners would be forced to upgrade and otherwise nothing would change.

Nathan Fielder

You can't make more bitcoin, so price shouldn't go down unless stores of value that can't be inflated away become common.

There are plenty of factors that impact price besides total supply.

Yeah, if it gets banned or cracked down on. But US now approved Bitcoin ETFs, so that's quite .. unlikely now. It's also not great for crime either, so..

I don't really have any price thesis on Bitcoin, except that computation efficiency won't help it.

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