Quote Originally Posted by marcel View Post
Paper talks of FPGAs (field programmable gate arrays), which was the 3rd step in the evolution of bitcoin mining. CPU > GPU > FPGA > ASIC. https://www.coindesk.com/tech/2020/0...itcoin-mining/

And that FRED graph now shows $107 billion but I noticed it's a negative amount. So who owes who? Does the US Treasury owe the FED?
That is the way I think it, come to think of it. The unredeemed endorse private credit from the Fed and thus create SDR's as assets of the Fed. Central banks lend to governments. Thanks for the graph!

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Also, thanks for helping me link mentally to the Quantum Financial System through FPGA's in Blockchain tech. I have the Berkeley Nucleonics text and course The Nuts and Bolts (and Qubits) of Quantum Computing:

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I find it interesting the re-purposing and re-tasking of the GPU for its parallel processing capabilities.