Bitcoin Puritan BIP-110 #rugthespammers

@lopp Bitcoin is money is not a flawed understanding of what Bitcoin is and how it should work.

We are at the dawn of millions of solutions to where there is no problem.

The single developer who is tasked with reviewing the entire codebase of Peter's version of Squarespace.

@freddienew Wouldn't put it past this guy

@bazzle They really would love that

This is the state of internet 'regulation' in the UK. Where the incoming head of censorship quango Ofcom has ' “quite deliberately” not met any mainstream tech companies', clearly does not understand how the internet works, and sees VPNs as a 'technical problem' not as an essential tool in the privacy toolkit of every company and individual. We really are cooked, and not just by the weather.

I sincerely hope the Ethereum project doesn't die, we need our idiot container.

1984 incoming

@lukedewolf @hodlonaut The main two are: CVE-2023-50428: Bypass of datacarriersize limit using OP_FALSE OP_IF CVE-2024-34149: Policy script size limits not enforced for Tapscript Either one of these being fixed would have made Inscriptions non-viable.

@Chelsea_8923 @barneyxbt Sunk cost fallacy on a massive scale.

@barneyxbt The saddest part is that, after ten years, you are still stuck in this market😂

kinda crazy to have spent 10 years in crypto to watch it end like this

Hayek was asked to leave “a statement for the future generations.” His response is brilliant: “Modern civilization which enables us to maintain 4 billion people was made possible by the institution of private property. It is only thanks to this institution that we achieved an extensive order far exceeding anybody’s knowledge.” “If you destroy that moral basis, which consists in the recognition of private property, we will destroy the sources which nourish present-day mankind, and create a catastrophe of starvation beyond anything mankind has yet experienced.”

“The more Bitcoin is used as data storage, the worse it becomes as data storage. The more Bitcoin is used as money, the better it becomes as money.” - @knutsvanholm Bitcoin is money. 🧡 Stop being lied to by non-monetary ‘use case’ scammers. ❌

@LeonidasNFT @ord_io @ZapApp 🖕fuck your very much for all you've done 🖕

We're shutting down @ord_io and @ZapApp at the end of the month This really sucks because great people put a lot of hard work into these products, friends invested in me, our users believed in us, and I feel like I let everyone down In the end we ran out of money and don't see a path forward Despite that I'm still incredibly proud of everything that we did I'm proud that we organically built two respected crypto brands that never farmed anyone or launched a token I'm proud that we empowered over a million people to explore Ordinals inscriptions on Bitcoin I'm proud that we shipped an app that let anyone sign up and buy a Bitcoin memecoin in under 30 seconds (an experience that many considered impossible) For the past 3 years I've woken up every day excited to build in the Bitcoin ecosystem and feel blessed to have had that opportunity I never took a salary, have no regrets, and wouldn't trade the epic moments we had along the way for anything Thank you to my cofounder Zach, our team, our investors, and all of our users for being part of this journey with me 🧡

Can more Bitcoin influencers engage in the discussion around Bitcoin Core capture and #bip110 ? The silence is deafening. People who I've listened to hundreds of hours of Bitcoin signal from but for some reason are tuned out on the subject, at this particular moment in Bitcoin's history when its direction it's utility and its soul is hanging in the balance. @saifedean @Breedlove22 @JeffBooth

Ethereum foundation meeting.

27/ So: did Citrea have something to do with it? Peter Todd says yes, named them as the reason he filed. Poinsot's blog says yes, describes their technical situation in detail. Corallo says yes, "the entire reason for this debate." instagibbs says yes, "you don't have to love Citrea's design." Towns says yes, "the conversation started with citrea."

Want to see the British Debt Clock? @shauniekt has made it. What fixes this? ukdebtclock.co.uk

@arcbtc @PeterMcCormack Ok but it smells like shuffling liabilities to achieve that nice big headline-grabbing number and get more supporters. So easy to see through the PR grift.

A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses. I’ll explain for the economically illiterate. Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add: - 12.07% holiday - Sick pay - Maternity pay if and when required - National insurance - Pension contributions These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up. Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t. Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics. Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs. There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay. So alas, I don’t need the stress, the business would close, a number of jobs would be lost. Economics is about understanding these dynamics, no vibes. The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.