Here is my understanding of Bitcoins, would love to hear from people more knowledgeable than me on what I am getting wrong

• Only a certain number of bitcoins can be mined
• if the price of bitcoin goes up, it makes mining seem more profitable which encourages more mining
• If there is more mining, the difficultly of mining eventually increases, & so miners consume more electricity until mining becomes less profitable again
• Bitcoin is already consuming so much energy that countries are starting to actively discourage mining

This implies that any substantial increase in bitcoin price will result in substantial regulation of the bitcoin industry as it impacts the supply and price of electricity to other industries

• Bitcoin is highly volatile, and over time has increased in price substantially
• A significant portion of bitcoin investors are speculating on an asset rise
• If the asset stops rising, some speculators may start to sell
• Increased selling activity will lower the price
• A lower price will force more speculators to sell

This implies that if bitcoin does not keep rising, it will start to fall

• Other crypto currencies are highly correlated with Bitcoin price movement.

Therefore if bitcoin falls, other crypto currencies fall.

• Bitcoin is the current default for accepting cryptocurrency as payment
• Bitcoin has a limited number of transactions it can process (3-7 a second)
• If too many people want to process transactions, the fee will rise

Therefore one or more other cryptocurrencies that uses proof of stake, must become the default for accepting cryptocurrency as payment.

What have you been doing lately for your own fitness? Try out any new programs or exercises? Have any questions for others about your training? Want to vent about poor behavior in the gym? Started a new diet or have a new recipe you want to share? Anything else health and wellness related?

As part of a weekly series, these topics are a place for users to casually discuss the things they did — or didn't do — during their weekend. Did you make any plans? Take a trip? Do nothing at all? Tell us about it!

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Please post your solutions in your own top-level comment. Here's a template you can copy-paste into your comment to format it nicely, with the code collapsed by default inside an expandable section with syntax highlighting (you can replace python with any of the "short names" listed in this page of supported languages):

<details>
<summary>Part 1</summary>

```python
Your code here.
```

</details>

This thread is posted weekly, and is intended as a place for more-casual discussion of the coronavirus and questions/updates that may not warrant their own dedicated topics. Tell us about what the situation is like where you live!

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