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Hash Power Doesn’t Determine Bitcoin’s Price

Key Takeaways Brian Armstrong said July 20 that hash power leaving Bitcoin doesn’t set its price, citing the currency’s difficulty adjustment as his core argument. Bitcoin’s difficulty fell 5% to 127.17 trillion on July 11 after hashrate dropped 7.9% to 908 EH/s in ten days. Armstrong called $60,000 the bottom in June; 56.3% of roughly…

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‘Odyssey’ director Christopher Nolan calls AI an obvious ‘Trojan horse’

Christopher Nolan, the Oscar-winning director whose new version of “The Odyssey” is currently conquering the box office, said it’s been “pretty encouraging” to see deep skepticism of AI, especially from young people. Nolan was responding to a question from interviewer Hugo Travers, who publishes on YouTube under the name HugoDécrypte. Travers brought up the legendary…

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