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Happy to release an interactive URPD snapshot explorer.
Super useful for gaining intuition about Bitcoin's onchain activity as it relates to price action.
Explore with it here:
meztech.io/tools?post=urp…
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MEZTech 𐤊
3K posts
MEZTech 𐤊
@MEZ_tech
Takes and trends on technical matters https://t.co/CvXbLNMbzW https://t.co/LQd2jeB6Qn - AI Biblical Guidance https://t.co/H4qLSXCmE3 - Options visualization tool 𐤊
参加日 Mayıs 2022
992 フォロー中1.3K フォロワー
@RealMaximvsDM This is actually largely due to a new gen release of nvme SSDs. Come back in a year and check, or just use "min price" instead of average price.
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"Seriously, bro? You must be really poor."
"That's virtue signaling."
"Just buy a larger drive."
"A spinner? Lol, you need an SSD."
"Just let Core fix the policy malincentive."
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@biancoresearch Not sure "stealing" Satoshi's wallets would even be considered a real crime.
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Please explain why, having this technology, you would focus on Bitcoin?
Why not Fedwire, and take trillions from the banking industry?
Do hackers really think this small?
Polymarket@Polymarket
BREAKING: Google research reveals quantum computers may be able to crack Bitcoin's private keys in just 9 minutes.
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@SteveSimple Just goes to show Bitcoin is/should be a monetary tx only network.
I doubt this approach would work on a network like Kaspa (majority of tx are self-spends or related to broadcasting payloads; neither of which are generally sensitive to the actual size of the UTXO)
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There’s always random entities doing weird things but statistically it’s amazing how consistent the distribution of spending ages are each day
That sideways bell curve on the right is rock solid
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Hey @cz_binance any reason @binance is still using addresses with exposed public keys? I’m not convinced quantum is an imminent threat, but avoiding address reuse seems like a pretty easy precaution.
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Looks like I killed my Bitcoin audience over the last few days. Unless Kaspa is in my tweet, I get zero engagement now.
Should I just convert to being a KAS account now?
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it hasn't sunk in for most people. we already live in a post-scarcity society. UBI is already here.
basic package: disability, medicaid, food stamps etc
bonus package: literally getting paid for staying at home and hanging out with your relatives
extra bonus: if you are willing to commit fraud, pretend your kids are autistic and get paid for that. get paid for watching your neighbor's kid. pretend you are taking care of your grandma. fake hospice clinic. fake rehab clinic. fake therapy clinic.
giga bonus: during a time of crisis take advantage of PPP or CARES and open a fake business and get paid for existing
people are shocked when they learn that defense is the FIFTH largest line item in the budget. ahead of defense: social security ($1.6T), interest on debt ($1.1T) medicare ($1T), medicaid + ACA ($1T), AND THEN defense ($0.9T)
complain about defense all you like, but healthcare fraud is a way bigger factor. hundreds of billions per year.
this is only going to get worse, because the fraud is a structural part of the system – payouts to client groups in exchange for votes (normally D).
in the US, only 47% of the population actually works (fully 14% of the population is working age and does not work). retirees are 18% and children 22%.
the system I described above subsidizes 50m non-working people absolute minimum, but really it's far more because people that are paid to stay home and take care of their relatives are considered "workers"
of that 47% of "actual workers" maybe one third does real work, the rest are shuffling papers around or doing fake email jobs. so you have, rough math, 50 million actual workers supporting 300 million dependents. that's the nature of the economy today. it will only accelerate. eventually you will have 10 million using AI tools to do all the work and 340 million dependents.
the reason no one roots out the fraud is because it's the system that keeps our extremely fragile polity intact. the fraud is the UBI. the purpose of the system is what it does.
of course, it's a deeply unfair system, because you are allowed to commit fraud if you are a politically protected client group of the democrats. DOGE was killed faster than any government program ever, because it attempted to root out the fraud. if you are honest and unwilling to commit fraud, you are a huge loser in this system. your neighbor will have their mortgage subsidized by some government program. they will get favorable SBA loans due to DEI. they will open a fake hospice or autism clinic. they will get paid for taking care of their neighbor's kid and vice versa. the primary skill in the labor market is learning how to extract money from state and federal government programs, not gaining skills or making yourself employable. if you are just trying to work an ordinary wagie job you are a huge sucker. you are paying 40-50% effective all in taxes to everyone else who is a net taker.
the sad part is because AI is such a substantial productivity boost, it will actually keep this system going for a while longer, and maybe in perpetuity. AI boosts the 15% of the population that is actually productive so much that the remaining 85% can coast by. no one in charge will change this because they can't think of anything else. the political costs of a real UBI program are too great and we don't have the money for it anyway. so we will keep this covert fraud-based UBI program running indefinitely. unfortunately, if you are an honest wagie, you lose.
Augustus Melmotte@EnriqueDiazAlva
These numbers are extraordinary. NYC has lost jobs in almost every sector for the last 6 years except "health and social assistance", which is essentially old people putting their relatives on Medicaid's payroll.
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@BTCBreadMan This is a core feature of Kaspa, was launched with Crescendo
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I finally did read this “research” and I found that its author has not studied kaspa for more than 10 hours with gpt (rough estimate).
Has no idea that majority of those fancy bullet points for bitcoin strenghts are equally attributable to kaspa as well 😀
Waste of time and not worth your time if you are serious about research
₿itcoin Rachy ⚡️@BitcoinRachy
I finally did some research on Bitcoin vs Kaspa. Here’s what I found. Mega thread below 🧵
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strategy holds $50 billion worth of btc
the problem: it's not really worth $50B
if @saylor ever tries to sell, he'll get no more than $20B for it. probably less
every additional dollar he puts into btc from now on is lost forever. he already has more btc than he can ever sell
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Sounds like youre parroting some points without really thinking through them.
"Bitcoin is more secure"
How would you back this argument?
The only two things that come to mind:
1. Energy/cost required to attack
2. Archival default nodes (entire tx history stored by default by nodes).
1 is not an inherent property of bitcoin, it reduces to first mover advantage / age (ie not a protocol advantage)
2 is a common misconception in that storing the transaction history is "more secure" than not. If the chain is compromised at any point, consensus chain will look legitimate, despite including double spends in reality. In fact, you might argue the opposite since it lends itself towards centralization due to hardware reqs.
Furthermore, kaspa has distinct advantages over bitcoin in this area - faster finality, solo mining / small pool mining much more viable (high block rates), solving orphan block problem, etc.
Maybe you've looked into this, but it seems youre researching while holding on to some preconceptions/biases. Doesn't seem youre being honest with yourself.
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Appreciate your thoughts here!
But personally, I think you’re mixing separate design goals.
Bitcoin does not need to do every transaction for every person on Layer 1 to succeed. Its job is to be the most secure, decentralized base layer for final settlement. That tradeoff is not a bug, it is the whole point.
“L2 is not Bitcoin” is also backwards. If a system ultimately settles back to Bitcoin and inherits its monetary asset, that is exactly how scaling works in every serious monetary system: strong base layer, activity layered on top.
On miner incentives, the market decides. If Bitcoin becomes the global settlement asset, blockspace becomes premium real estate. Miners do not need billions of low-value coffee transactions on L1. They need sustained demand for irreversible settlement.
Kaspa may optimize for speed and throughput, but speed is easy to buy. Decentralization, immutability, and credible neutrality are not. Bitcoin chose the hard thing.
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I finally did some research on Bitcoin vs Kaspa.
Here’s what I found.
Mega thread below 🧵
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A decent rebuttal ive seen to "Kaspa is objectively better than Bitcoin" is that both are simply protocols based on consensus. Technical advantages of a digital monetary network hold little weight, because they could easily be replicated. Therefore, there's only room for one digital monetary foundation. Winner take all.
Bitcoin could effectively "become Kaspa" (and vice versa) if node runners agreed to make such protocol updates.
However, imo this is not a satisfactory response. Even minor protocol changes in Bitcoin are met with a high degree of friction. Ossification has (naturally) become the norm.
A bet on Kaspa is a bet that - despite the remote possibility that Bitcoin *could* update its protocol - it will not. It's a bet that capital will choose to flow into the better tech, faster than Bitcoin node runners will reach consensus to implement better tech.
It's also a bet that the market has still not recognized the existence or value of a network that's finally capable of carrying out Bitcoin's founding vision. A fair launched, p2p, permissionless and decentralized network.
That said, there are scenarios I could see Bitcoin succeeding/continuing to grow in value, where Kaspa does not.
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your new goal is to time the absolute bitcoin top and take the biggest mortgage of your life
zoomer@zoomerfied
[ ZOOMER ] FANNIE MAE TO ACCEPT CRYPTO-BACKED MORTGAGES FOR THE FIRST TIME: WSJ
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@BTCBreadMan It's important to hold an accurate self image. Good on you.
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