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#54 EARTHDAY

Three Mile Island Clean UP

45 years after infamous accident, why are they still cleaning up Three Mile Island?:

An update

BITCOIN

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

Bitcoin relies on miners to be secure and functional. Miners rely on block rewards to be profitable and competitive.

What happens when there’s nothing left to mine?

At the higher future prices indicated by the Power Law theory of #Bitcoin
1% fees will be quite adequate block rewards for miners a decade from now.
https://medium.com/thedarkside/bitcoin-mining-minting-or-transmitting-5c5cbae55af2

450 Bitcoins mined per day.
BlackRock bitcoin ETF bought 452 Bitcoins on Friday the 19th.

https://twitter.com/SullyMichaelvan/status/1782445263149289497
At a 30% compound annual growth rate #Bitcoin will be worth:
$245k in 5 years
$909k in 10 years
$3.37MM in 15 years

At a 40% compound annual growth rate #Bitcoin will be worth:

$354k in 5 years
$1.9MM in 10 years
$10.3MM in 15 years

But we are only getting started.

At a 50% compound annual growth rate #Bitcoin will be worth:
$501k in 5 years
$3.8MM in 10 years
$28.9MM in 15 years
But what about right now? What is the current CAGR?
Let’s keep going.

Over the last 4 years #Bitcoin has had a CAGR of 73.7%, what does the price look like if this continues:
$1MM in 5 years
$16.5MM in 10 years
$260.9MM in 15 years
These numbers are getting insane, but I’m not done!

#Bitcoin has had a CAGR of >100% for the majority of it’s lifespan.
What if
that continues:
$2.1MM in 5 years
$67.5MM in 10 years
$2.16 Billion in 15 years

*Dan Tapiero @DTAPCAP
Wow. First @BlackRock and now IMF turn positive on #BITCOIN.
IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability.
According to the IMF, residents of countries with restrictive financial regulations are turning to Bitcoin to move capital across borders more freely.
https://cryptoslate.com/imf-acknowledges-bitcoins-significant-role-in-preserving-wealth-amid-financial-instability/

Retirement Calculator for each state
https://smartasset.com/retirement
Pennsylvania
https://smartasset.com/retirement/pennsylvania-retirement-taxes

Health

Bernie Sanders @SenSanders
Today, I am offering two amendments.
1. NO unfettered military aid for Netanyahu’s war on the Palestinian people. 2. Restore funding for UNRWA so that children in Gaza don’t starve.

How to talk about Israel and Gaza on a college campus (or anywhere else)
Seeking moral clarity

The most important thing I teach my students
And why Columbia’s faculty should issue a vote of no confidence in its president, Nemat Shafik

Russia publicly calls for “civil war” in U.S.
https://www.newsweek.com/russia-reacts-us-military-aid-ukraine-dmitry-peskov-medvedev-maria-zakharova-1892547

New Hampshire GOP members want more children to be afflicted with polio and measles
https://www.motherjones.com/politics/2024/04/new-hampshire-republicans-polio-mmr-measles-vaccine-antivax-bill/

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