Bittylicious

April showers bring May flowers 🌦️🌸 Our final #12for12 donation brings a full year of giving to a close — and a total of £12,000 donated along the way. This month, we’re proud to support: • Jurby Transport Museum — a volunteer-run, self-funded gem preserving the Isle of Man’s transport heritage. • @bitcoinbrink — advancing Bitcoin through vital research, development and education. Thank you to our April winners — and to every organisation we’ve supported this year. #12for12, signing off. 💙

@freddienew @bitcoinhodlco @CoinCorner You too, and a great opportunity to take out the wonderful @mtsocks @bitcoinhodlco socks for a spin!

@Bittylicious_ @bitcoinhodlco @CoinCorner Really excellent, and an unexpected pleasure to catch up with you briefly there!

B HODL WEEKLY UPDATE @bitcoinhodlco | AQSE: $HODL | OTCQB: $BHODF | FRA: $F5S Company Updates: A lot is going on in the background - both commercially for the business and in terms of what we’re building internally; we’re excited to share these with the market once we’re able to announce. In terms of general market positioning and the UK as an operating environment, we’re finalizing our response to the HMRC consultation on the taxation of stablecoins. We are making the case that any CGT exemption for payments should include not just stablecoins, but also Bitcoin when used for buying goods and services; if successful this could create a significantly better payments landscape in the UK for Bitcoin payments. It’s a long shot, but you miss 100% of the shots you don’t take. Several members of the BHODL nteam attended the 2-day workshop on crypto licensing hosted by @SimmonsLLP and @Gateway21_UK. The workshop covered the full gamut of "Crypto Asset Regulation, Licensing and Authorisations”; excellent to connect with contacts from across the industry as well, including friends at @Bittylicious_ and @okx. Media & Outreach: I joined @shoneanstey as a guest on the One Chair Podcast to discuss the latest Bitcoin and Lightning Network developments at our respective companies, sharing the latest from both BHODL and @LQWDTech x.com/OneChairPod/st… I was also a guest on the @PeterMcCormack show, talking about Rome, Bitcoin and currency debasement, with a short update on BHODL late in the episode x.com/PeterMcCormack… We have another podcast episode with @ArchieX__ at @bitcoinarchive, coming soon; stay tuned for release. Community: Last week's Free Sats Friday event was a little different, being sponsored by @VivaCento. If you’re looking to market your company, product or service and are interested in sponsoring in the future, please get in touch! x.com/bitcoinhodlco/… The BHODL sock giveaway campaign continues and will likely do so until we run out of socks. Keep an eye out for our posts on the topic. We’re ending the week with a long-awaited pump in the Bitcoin price, and as ever, send thanks to our shareholders and community for their continuing support.

@freddienew @BTCPrague Is probably the best bitcoin conference around, and the city is excellent, both from a bitcoin events perspective and just in general. Looking forward to seeing you there!

Prague is one of those rare cities that absolutely deserves the 'based' accolade. Could not be more delighted to be returning to @BTCPrague later this year as a speaker, or to be featured on the same card as the gentlemen below. It is, and always will be, an honour.

Spring has sprung, and this month we’re celebrating two amazing organisations making a real difference 🌱 • Craig’s Heartstrong Foundation — helping keep the Isle of Man safer by providing lifesaving defibrillators across the Island. • Software in the Public Interest — supporting open-source projects and the tools developers rely on worldwide. Thank you both for all that you do! #BittyliciousGivesBack #12for12

@felipecreate @hodlonaut @knutsvanholm @giacomozucco @BtcInfinityShow @lukedewolf And to further clarify, change minds doesn't even mean changing minds. Just considering changing stance (e.g. being blindly pro to nuanced pro, or even just deciding the status quo is worth maintaining)

@felipecreate @hodlonaut @knutsvanholm @giacomozucco @BtcInfinityShow @lukedewolf Yup, more important is that you (+ wise people in general) get that it's not a U-turn, or come down, to change minds when more reasoned thoughts are given. The pressure (e.g. socials, opposition parties in politics) to stick to your guns is counterproductive to the greater good.

❓Why did @hodlonaut retract his support for BIP110? I listened to his conversation with @knutsvanholm to extract the key concerns. (tl;dr at the bottom) --- Hodlonaut is not against BIP110, in fact he applauds it, and he applauds the plebs who fight for Bitcoin's future. He initially supported BIP110 because - Core's dismissive and arrogant attitude is repulsive - The standardizing of arbitrary data is unacceptable - He firmly believes Core must be countered - The timing of the Citrea launch was suspicious - Bad-faith arguments from the Core side makes him sympathetic to the other side - Observing "wokeification" in Core; woke politics and DEI However, he hasn't resolved the following points about BIP110 yet. He says he wants to make sure the BIP is a responsible counter measure to v30, and he refuses to die on a hill he doesn't fully understand. The sum of these doubts made him rethink his position: 1. The urgent "now or never narrative" makes him draw parallels to Roger Ver's blocksize war rhetoric: "Children are dying, we must act now." It makes him cautious rather than mobilized. 2. The CSAM argument isn't as clear-cut as people claim. He agrees CSAM is disgusting. But he doesn't believe Bitcoin instantly dies the moment an illegal image lands on-chain. The black-and-white framing feels exaggerated to him. 3. The governance vacuum creates uncertainty. Who leads the post-BIP110 landscape? Whether it's @LukeDashjr, @dathon_ohm or @GrassFedBitcoin, is a real and unresolved concern. 4. Possible loss of funds for edge-case users. Some UTXOs could theoretically become unspendable under BIP110 rules. He acknowledges Knut's "FAFO scale", which relates to the risks of innovating on Bitcoin. 5. The uncertainty around how consensus forms after the year ends, who leads it, and what BIP110 locks in for the future. 6. He wonders whether it's necessary to forcefully fight spam already now, and if the damage would be irreversible if we fought spam in year 15, 16 or 17 (starting from Taproot activation). --- I personally respect Hodlonaut tremendously for speaking his mind. His credibility is not damaged in my eyes at all, and I think many people feel the same way. At one point he said "fuck all this innovation on bitcoin, we already have something that is completely disruptive to the worst shit going on in the world because of the monetary system, why risk it?". I couldn't agree more. --- tl;dr Hodlonaut is undecided. He's not sure BIP110 is the sharpest tool for to counter Core. He's therefore taking a cautious stance, although he says sitting around and doing nothing for a long time is harmful. He's self-critical and ashamed about jumping in support of BIP110 early while emotional and under-informed. He's not going back into support until he can confidently answer the above issues. If he comes back, he says he's dying on that hill. (If I've misrepresented something, please correct me). --- This piece is not a substitute for listening to the conversation. Give it the listen it deserves.

Rain won’t dampen our February heroes 🌧️ • Search and Rescue Dog Association (SARDA) Isle of Man — skilled handlers + working dogs locating missing and vulnerable people on‑Island. • Ondřej Surý (github.com/sponsors/oerdnj) — long‑time PHP packager powering the open‑source community. Thank you! #BittyliciousGivesBack #12for12

@tipper_cow18938 Yeah, nobody is using the base layer. We wouldn't have a clue now, would we... as a freaking exchange. You're an idiot.

@Bittylicious_ Twitter isnt Bitcoin buddy. Noone is using the base layer just like big blockers predicted. Miners pivoting to AI

As #bitcoin history seems to be repeating itself on the socials, we want to remind all: Big Blocks Bad. OK? The battle was won definitively in 2017, and subsequent years have resulted in applications being built proving it was the right choice (e.g. Lightning).

@tipper_cow18938 Joined November 2025... yea

@Bittylicious_ No you were actually the bad guys

@francispouliot_ It's all gone back to bloody SegWit-makes-it-all-fake-bitcoin FUD again. You've done your bit already; IMO ignore the noise.

Damn I'm still torn between working on my apps and ignoring the noise, or recording videos to address the absolute levels of retardation.

@CryptoParadyme @therationalroot @SamuelPatt That brings back some horrible memories. That was really annoying at the time!

@therationalroot @SamuelPatt Don't forget about Jihan's stupid company bitmain intentionally clogging things up with empty mined blocks to exacerbate the problem.

@theMacroChip @therationalroot @SamuelPatt I'm not sure why you say that really. We were able to set up a lightning mode, admittedly with not an insignificant amount of Bitcoin, and it routes wonderfully. We didn't ask anyone for permission.

@therationalroot @SamuelPatt From what I can tell the current solutions are in practice quite centralized

I co-founded a Bitcoin company (building OpenBazaar) in 2015, right before the block size war went hot. The idea that Roger Ver was launching a corporate takeover of Bitcoin is absolute nonsense. He represented the desire for Bitcoin to remain digital cash, not turn into digital gold. Lots of people agreed with this vision, not just corporations.

@therationalroot @adam3us @SamuelPatt This is an excellent summary (we were there of course, team UASF)

I was there during the blocksize wars. What really happened is that Roger had a business using Bitcoin and depended on cheap on-chain transactions. He was super passionate and wanted businesses to flourish using bitcoin, but when fees spiked his business suffered. In his view adoption by businesses (and in specific his own) was vital for Bitcoin’s success. He couldn’t believe people would choose a path where his business would have to stop using Bitcoin. He simply wanted to use Bitcoin as digital cash. In his passion he was willing to compromise on decentralization, go for the quick fix, a blocksize increase. What he didn’t understand was that his business (and the handful at the time) in the grand scheme of things didn’t matter, but how could he, he put tons of effort into it. Next to that, Lightning, as a scaling solution, was mostly theory. He teamed up with the ‘corporate bitcoiners’ at the time to push for big blocks. We (the UASF proponents) didn’t want to compromise on decentralization. We understood that a short-term solution (a blocksize increase) to save a few companies was not worth it. It was better to first try long-term solutions, as Bitcoin needed to be used for centuries, even if that meant (unfortunately) a few companies would have to go out of business. The analogy I used at the time was internet’s scaling solution. In the early days of the internet there was a similar problem. There was too much traffic, and routers often were bottlenecks. The quick (and expensive) fix, was to replace routers with more capacity (blocksize increase equivalent). But instead, through scientific research, we got smart algorithms (deployed via firmware updates) that allowed existing routers (think of nodes) to have much better efficiency. This was a much cheaper and better solution. Bitcoin SegWit came forth out of scientific research. Today, Bitcoin can be used as digital cash through Lighting. We got instant transactions, better than Roger’s zero conf transaction method at the time.

@Decentralizd @Bit_Faced @tuftythecat @Arthur_van_Pelt I provide facts. You provide emotional diarrhea. You wouldn't know an algorithm if it bit you on the ass. Goodbye.

@Bittylicious_ @Bit_Faced @tuftythecat @Arthur_van_Pelt Makes sense why wrapped bitcoin on eth is eating lightning networks lunch daily? Ln is a merely a distraction so you don't try to learn that bitcoin scales just fine on layer 1. Stop peddling this Epstein funded dogshit

BREAKING: Complete Moron And Shitcoin Fan Doesn’t Realize that the Best Medium of Exchange is a Globally Accepted Store of Value

@Bit_Faced Are you seriously trying to drag us into a debate? We've been in this space for 13 years and have seen and disproven a lot of nonsense including what you're peddling. Goodbye.

@Bittylicious_ Because…?

Bet you won’t debate me about it.

@Bit_Faced ...to scaling and throughput (for clarity)

@Bit_Faced Bigger blocks are not and have never been the answer.