Bitcoin

Adam: I think the American version of the metaphor of being like the duck is be common serene above and underneath, just paddle like hell. The way that sometimes regulations function in China is it's not clear if they're black and white. Adam: It'd be interesting to see the halving play out if the stock to flow projections play out. And what happens to price and hash rate through that? Historically, it's been a pretty smooth non-event.

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