Capturing a near earth asteroid full of gold won't happen anytime soon, but mining these rocks for resources will happen eventually. There's Space Race #2 happening right now competing for business.

Peter Zeihan sentiment check. Will Bitcoin drop below $0 in the next bear market?.

For the analysts. Model explainer here:

SUMMARY:.BTC is stabilising, for a bullish structure to form investors would need to continue with their dip buying. So far this process has started.

Swissblock Risk-off Signal (using statistical investor behaviour) has made a small peak and dropping.

Macro Cycle Risk printed a lower high and has started a drop in risk. A drop in MCR means investor liquidity is returning to the network.

After weeks of declining inflows the BTC network made its first daily print of increasing flows which is the first sign that BTC's structure is bottoming.

Is this really what buses looked like in the pre-fiat era of the 1950s?

RT @bitcoinvector: What is Bitcoin’s current situation?. 1⃣As BTC dipped below $110K, the Risk-Off Signal briefly entered High Risk Regime,….

Relevance creates unruggability. What was directly relevant to everyday people was the paper notes, not the SoV behind it, hence rugging it to fiat was easy.

BTC needs to get to MoE to be unruggable. Gold was a SoV+MoE for 6000 years. By 19th century MoE moved to paper backed by gold. In 20th century, SoV was CENTRALISED, and paper convertibility was rugged. By 1971 the entire world had fiat.

Capital has been rotating from BTC→ETH. Flows into ETH, at 0.9B USD per day (silver), is now approaching BTC's inflows (orange). This latest climb in flows started when Tom Lee's ETH treasury co, BitMine, started their ETH accumulation.