₿ 1 out of every 150 bitcoins is owned by WHO?

GM ladies and gentleman and welcome back to B&C, the newsletter that'll have you healthy, wealthy, and somewhat well informed.

Here's the breakdown for today:

  • Seeking Sigma

  • The Saylor Pill

  • The Babel Pill

  • Implosions and Explosions.

Seeking Sigma

THE SAYLOR PILL

Famed bitcoin maximalist and OG bitcoin HODLER Michael Saylor announced that his company Microstrategy now holds roughly 130,000 Bitcoins which equates to little under 1 out of ever 150 bitcoins that will EVER be in circulation. Absolutely nuts.

It has been a rough year for Microstrategy with rumors on the street saying that they've been margin called during this market cycle. Microstrategy CFO Phong Le said the company could post more collateral to their loans to endure future volatility. Given that the company is primarily a data-analytics and cloud computing provider, its interesting that Saylor has taken such a bullish position with bitcoin in place of its cash reserves.

gg no re.

CRYPTOPILLZ

💡 The 1930 Nobel Prize speech of Sir Chandrasekhara V. Raman is a beautiful piece of prose that will surely make you fall in love with the physics of light :)

🎥 Documentary director Deeyah Khan has a wonderful interview where she talks about her work documenting hate groups around the world.

⭕ Here's a an optical illusion that's sure to stump you. None of the circles change shape or size just their colors!

THE BABEL PILL

I had my mind blown recently by the Library of Babel, a collection of random combinations of 3200 characters that contains every sentence in existence or will ever exist...

"If completed, it would contain every possible combination of 1,312,000 characters, including lower case letters, space, comma, and period. Thus, it would contain every book that ever has been written, and every book that ever could be - including every play, every song, every scientific paper, every legal decision, every constitution, every piece of scripture, and so on."

- Library of Babel

They've recently launched the image archives which takes this concept to another level, generating random assortments of 4096 colors, rather than a page of 40 lines each with 80 characters, and images which are pixel grids of 416 rows and 640 columns.

Hypothetically there could be images of events that have yet to happen or pictures of memories that you never captured. Absolutely insane. Really goes to show how many unique thoughts, ideas, and memories people have are simply the reflection of random chance.

Implosions and Explosions

See y'all next week,

V and Nat

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