There no base TGE Stay safe https://x.com/henry58290/status/2067856210746106346?s=46 submitted by /u/henry58290 [link] [Kommentare]

> Except from article. “Mashinsky and Celsius engaged in a scheme to defraud hundreds of thousands of customers by mispresenting the safety, profitability, and regulatory compliance of Celsius’ digital asset-based finance platform,” the regulator said. The latest order means Mashinsky will never be able to trade US commodities, futures and derivatives. Earlier this year, the CFTC and the US Securities and Exchange Commission issued guidance saying they considered most major cryptocurrencies to be commodities. ​ submitted by /u/zesushv [link] [Kommentare]

Whenever I tell my friends, colleagues, or people on online forums who joined Bitcoin that it is not smart to trade away anything for Bitcoin because it offers neither utility nor a systemic return, their universal response is always the same. They claim it is a currency, a token designed simply to facilitate trade, and not a commodity or a stock. Then I explain that not a single currency in human history has existed without either utility or return. When money was commodity-based, it could be used outside of its monetary role. Today, in our fiat system where money is debt-based, debtors to commercial and central banks provide a return to money holders prior to every debt repayment. They give them either products, services, labor, or tax settlements to get the money for these repayments. A Bitcoin investment provides neither because bitcoins are just digital fractions of a fixed number, twenty-one million, imagined by an unknown programmer. This programmer simply wrote a protocol to assign these fractions to addresses, relying on a network that records and cryptographically secures everything in a decentralized database. Anyone who trades away anything to hold these digital fractions will receive nothing from the programmer or the network. It is not like PayPal, Revolut or "stablecoin" issuers, which redeem their digital balances for fiat currency. Unfortunately, I have realized that none of these people actually care. They are so emotional about the fact that some people made a lot of money trading Bitcoin that no rational argument can reach them. What's more, they often even get offended when you critically evaluate their investment. But once the hype is gone, these investors will finally realize what it truly means to invest in something that offers neither utility nor systemic return. By then, however, it will be far too late. submitted by /u/BinaryLyric [link] [Kommentare]

This book has its genesis in the author’s wildly popular (and oft-downloaded) papers, “An Elementary View of Maxwell’s Displacement Current„ and “The Fundamentals of Electromagnetic Theory Revisited,” published in this Magazine in February 2008 and November 2009, respectively. In these works, Dr. Arthur discussed the many misunderstandings that arise in the standard presentation of electromagnetic theory, which uses Oliver Heaviside’s now-familiar notation for Maxwell’s equations based on Josiah Willard Gibbs’s vector notation. In particular, that work lamented the common depiction of magnetic quantities B and H, including their relationship with one another, their nature as fundamental or derived fields, and their importance for the theory of special relativity.

The new JVM Weekly is here... and Ragnarok seems to come, as we finally have Valhalla in the JDK. However, situation is a bit... nuanced.