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BTC Information

Crypto Value Information for Bitcoin - US Dollar (BTC/USD)

Price: 65,637.50

Bid: 65,633.00

Ask: 65,642.00

Change: -0.036%

Spread: 0.01371%

Open: 65,661.00

Exchange: Bitfinex

Last checked at -

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I don't invest in Gold either and industrial Diamonds can be manufactured. As far as discovering something different out there, it's unlikely; The periodic table of elements is well understood and documented, so any new elements would have to be at the bottom of the table and be heavy unstable elements. Any new materials will likely be a result of science on Earth and will be molecules/alloys using various elements in a unique way.
Bitcoin is just a blockchain organised in such a way as to control the rate of production using a difficulty algorithm and complex mathematical computations. Because of the complex calculations required to process each block, Bitcoin mining use vast amounts of electricity that could be used for more constructive uses. Imagine if the electricity wasted on Bitcoin was used to light and heat vertical farms for agricultural use, or producing Hydrogen from water through electrolysis and used to power vehicles or planes.
Blockchain is good, Bitcoin is a bad use of blockchain. The whole proof of work concept is a bad idea because of the amount of resource required to facilitate the processing of each 1MB block. The reason I don't like Bitcoin is because it's rubbish at what it does and has no uses that couldn't be done more efficiently using other technologies and processes.
The whole DeFi concept is flawed should commercial Quantum computing become possible, since the the current encryption protocols would be easily decrypted under those circumstances. With DeFi the whole database is accessible to anyone running a node and the whole idea of DeFi is that the information is stored on every node and the only protection is the encryption, which would be insecure for Quantum computers.
The financial and telecommunications world are already preparing for Quantum, with Quantum secure encryption and servers connected by links using technologies like Quantum Key Distribution, to detect intrusion on the interconnecting fibres. Criminals are already probably taking copies of the Bitcoin blockchain with a view to decrypting once the technology reaches a certain point, so I take all the hype about Crypto and DeFi with a huge pinch of salt. In the future, the most secure data will be data stored outside of the public domain, with Quantum secure encryption and firewalls, with data between servers carried over links which are resistant to sniffing off and capturing the data. DeFi and the current crypto protocols wont come close to being secure enough once Quantum kicks in. Quantum computers with the sufficient number of Qubits might be a decade or two away and may never happen, but the world is preparing for it either way.

https://www.global.toshiba/ww/news/corporate/2021/10/news-20211005-01.html

https://screenrant.com/quantum-computers-cryptocurrency-threat-are/

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"Apparently Einstein's Theory was flawed.."

It may not be perfect, but it explains the motion of planets and the warping of space around dense objects really well, as evidenced by the bending of light around stars and black holes.

"Still, physicists have plenty of reason for confidence in general relativity’s reliability. For one thing, it solved a knotty problem that had perplexed astronomers about the planet Mercury: a discrepancy in its orbit from that forecast by Newtonian gravity. Einstein announced his theory in 1915 as soon as he was able to show that it correctly predicted Mercury’s actual orbit.
Einstein’s key to solving the Mercury mystery was conceiving gravity as an effect of the geometry of space (or technically, spacetime, since his earlier work had shown space and time to be inseparable). Gravity is not a mutual tug of massive objects, Einstein said, but rather the result of a mass’s distortion of the spacetime surrounding it. Objects orbit or fall into a massive body depending on how strongly the spacetime around it is curved. Rather than responding to some attractive force, masses just follow the contours of spacetime’s geometry.
Gravity as geometry led to the famous prediction verified in the 1919 eclipse. Einstein pointed out that the curvature of spacetime near the sun would cause light from distant stars to bend when passing nearby, changing the stars’ apparent positions as seen from Earth. That prediction inspired an eclipse expedition to the West African island of Principe in May 1919, led by British astrophysicist Arthur Eddington. Eddington’s team found that the positions of several stars were shifted by just the amount that Einstein’s math indicated they should be, and twice as much as Newton’s law predicted. When the eclipse team announced the results in November 1919, one news account heralded them as signaling the need for “a new philosophy of the universe.”"

https://www.scientificamerican.com/article/physicists-probe-validity-of-einsteins-gravity-on-cosmic-scales/#:~:text=While%20Einstein's%20gravity%20has%20passed,in%20case%20it%20doesn't.

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