BoltAndBlocks

@afkumono I don't want to believe it but that sure would be some cheap bitcoin.

Shorting my short @ 84k btc I simply don't like 64k as a macro bottom, I'm prepared if it was, but i see lower, moving towards the 32k area by end of year is still the main course.

@lopp @SimonDixonTwitt I'll take door 3 - an alternative node implementation that competes with Core. Knot that one - a new one.

@SimonDixonTwitt It's disappointing to see you getting sucked in by the narratives propagated by the Bitcoin Core hate merchants. These folks are going to end up on a failed fork just like the outraged BCH and BSV folks who cried "CONSPIRACY!"

Bitcoiners need to pay very close attention to what’s happening at the development layer. This is an open-source boardroom. Accountability sits with those writing the code, maintaining it and those committing pull requests need to be watched carefully. Don’t trust. Verify. And when those who allegedly visited Epstein island start trying to discredit investigations and get upset about certain articles, that’s when you pay even closer attention. That’s why we run nodes and keep an eye on miners too. The financial industrial complex have repeatedly tried to infiltrate and we have to always stay alert. Great work on this article. Looking forward to Part 3.

Let me make this simple for everyone. A $78,000 prize was just awarded to someone who: ❌ Copied my code word for word ❌ Has job IDs that don’t exist ❌ Produced results a laptop can replicate in seconds ❌ Has no timestamps in any execution log ❌ Committed the winning code at 9:23 AM on deadline morning — from MY public repo ❌ The awarded 15-bit result doesn’t even exist in his repo I submitted a BIGGER result the day before the deadline: ✅ 16-bit ECC key recovered ✅ Real IBM Quantum hardware — ibm_fez ✅ Job ID: d78mud3c6das739i2rlg — anyone can verify this right now ✅ Submitted April 4 — one day before deadline ✅ Their exact curve. Their exact key. EC-verified. @yuvadm just proved the winner’s “quantum” result works identically with a random number generator. No quantum computer needed. I used REAL quantum hardware. I submitted FIRST. I broke a BIGGER key. Project Eleven took $20M from Coinbase Ventures, Castle Island, and Balaji — then awarded their own prize to stolen code and fake results. They blocked me on X when I asked why. This isn’t about quantum. This is about fraud. github.com/SilkForgeAi/QD… Job ID verifiable: quantum.ibm.com @BitcoinNews @DecryptMedia @CoinDesk @coinbase @Balajis @NicCarter

> be Paul Sports > invent BIP300 drivechains > needs fork to work > but it's retarded > miners control all drive chains > hashrate majority can steal funds > needs mining council to turn drive chains on and off > almost everyone hates it but it's a free country > nooooooo, you're all wrong!!! > nobody cares, years go by > go on podcasts crying about how everyone is stupid for not seeing his genius > nobody cares > constantly attack Lightning, the only working scaling solution for bitcoin to date > nobody cares > rebrand BIP300 as "true Bitcoin maximalism" because you can now print shitcoins on Bitcoin > nobody cares > create company and find investors stupid enough to bet on a fork (like Roger Ver) > nobody cares > bitcoiners are too traumatized from the blocksize wars to truly grasp his genius > nobody cares > lash out at every single person who's not on board with you (basically the entire Bitcoin ecosystem) > nobody cares, another few years go by > publicly attack people from the company account for not agreeing with your retarded ideas > still nobody cares > the only solution left is to create a shitcoin for his shitty idea > actually create a shitcoin fork of bitcoin, call it eCash (it's not eCash) > affinity scam Bitcoin and eCash at the same time > publish an announcement that reads like he's having terminal stage shitcoin psychosis

@CryptoCon_ x.com/_Checkmatey_/s…

It's the constant thought that "it's different this time" that allows the Halving Cycles Theory to continue without a scratch for 16 years. Bitcoin continues its rally from the First Low of the bear market, and it doesn't have anywhere special to be until the Second Low in August - October. Price estimate for that based on the Bear Bands, Golden Ratio Multiplier, and Realized Market Cap is 40-45k.

@w_s_bitcoin Hodl hodl?

…and for anyone wondering, no…there’s no such thing as a “decentralized loan product”. They’re all centralized. Some are just DINO to skirt regulations.

I would never store any real amount of wealth in a Bitcoin adjacent application without unilateral exit (e.g. a centralized loan product or a fake L2). Way too much risk when we’re so close to the “then they fight you” phase. A little government pressure and they’ll all fold.

@the_smart_ape It was always and only Bitcoin and if you've been in for seven years and not figure it out, that's on you.

> be in crypto for 7 years > get in for the cypherpunk stuff > self-custody, no third party, "decentralization" > watch lazarus drain $290m from kelp > watch arbitrum move $71m of it out of the attacker's wallet > without his private key, without his signature > not a "freeze" > it was a transfer. from someone's wallet. that the owner didn't authorize. > start wondering what "decentralized" was actually supposed to mean

The largest Ethereum layer 2, which has also been regularly praised by Vitalik as being the most decentralized L2, just froze $100m worth of ETH that was hacked by criminals. Are you finally starting to realize the bitcoin maxis were right?

@afkumono There were very few people as wrong as PlanC.

Moonboi influencers and their uncles were posting shit like this for 2 whole years and they were wrong yet today people still listen to them for advice on the market

Things age verification achieves: • Violating adults' privacy online • Creating leak and hack-worthy databases with tons of personal sensitive information • Censoring the internet as a whole Things age verification does not achieve: • Protecting children online

@afkumono It'd be interesting if the bottom was in as it's within 10% of $65k and the top was within 10% of $131k. Breaks the down two pattern after the top though. Think it's reasonable since we only went up one box or more pain ahead?

The story of Bitcoin's price: - $BTC moves by following the top of 2n boxes. - Price appreciates in 2n box, penetrates 2(n+1) box then the next box until rejected. - If rejected, bottom is box bellow 2(n-1). - After bottom, it moves permanently above of the rejection box.

I've seen far too much of this smug, sanctimonious, virtue-signaling lately. I'm a Bitcoiner... specially a Vegas Bitcoiner. A nobody in Bitcoin. I stack sats, run a node, run a meetup, and I'm heading to the conference this year like thousands of others. That doesn't make me "shitcoiner" or "tradfi grifter." It doesn't make me inferior. And it certainly doesn't justify the endless mental gymnastics and gatekeeping that's infecting our community. Many of you have lost the plot. Bitcoin was never meant to be a purity test or a social hierarchy where the loudest twatter accounts decide who's "in" and who's "out." Satoshi gifted the world "money for everyone" regardless of geographic location, status, or identity. He promised us decentralization. He promised us permissionless access and censorship resistance. He promised us a strict adherence to a predictable monetary policy. He promised us that we could have direct, exclusive control over our wealth. But you'd think he promised some of you a superiority complex for simply buying the asset. The arrogant behavior, the dismissive attitudes, the need for control, the "always right" preaching... I have no doubt he'd be embarassed in how a lot of you act. The same cypherpunk energy that gave us Bitcoin is being replaced by clout-chasing and performative superiority. If your version of Bitcoin requires looking down on others who don't meet your arbitrary bar, that's a YOU problem. Bitcoin doesn't care about your beliefs and opinions, your follower count or Interwebs street cred, or how early you got in. It cares about sound money, individual freedom, and voluntary participation. Come on, come fucking all. As for those of you knocking Las Vegas. You can dislike the Strip, but it is a purpose-built entertainment and convention ecosystem that caters to damn near everyone. For us that live here, we've got zero state income or capital gains tax, world class dining and entertainment, endless activities, hour flights to most of the southwest for even more optionality, a relatively LCOL, and 300+ days of sunshine. I've read your moody posts and have seen pix of a lot of you... trust me, many of you could use the sun. Finally, the conference is what you make of it -- whether it is in Vegas, Prague, or whatever town it's in. It's about finding some signal in the noise. It's about finding some alpha that you can't find hiding behind your keyboard. It's about reconnecting and spending time with the friends you've made along the way. Maybe some of you never understood the plot. For those of you that do, I'll see you in Vegas at the happy hour I'm hosting, at Hotstyle Takeover, at the Club Orange party, at NOSVegas... be sure to say Hi!

Ah, but remember, they live in a “full democracy” and we live in a “dictatorship”. 
I’m sure the people who make the freedom and democracy indexes will be updating them immediately.

The United States has spent EIGHT TRILLION DOLLARS fighting and policing in the Middle East. Thousands of our Great Soldiers have died or been badly wounded. Millions of people have died on the other side. GOING INTO THE MIDDLE EAST IS THE WORST DECISION EVER MADE.....

Tadge Dryja, the co-inventor of the Lightning Network, just dropped an update on Utreexo, one of the most underappreciated scaling projects in bitcoin. The problem is straightforward. Every bitcoin node that wants to validate transactions has to store the entire UTXO set, every unspent output on the network. Right now that's 11GB and growing. As more transactions hit the chain, as inscriptions and other data-heavy outputs pile up, every node operator has to store all of it. The UTXO set doesn't get pruned like old blocks can. It just grows. Utreexo eliminates the entire UTXO set from your node. Instead of storing 11GB of data, a Utreexo node stores less than 1KB of hashes and still fully verifies every transaction. It's not a light client. It's not trusting anyone else. It's full validation with radically less storage. The tradeoff has always been bandwidth. Utreexo nodes need to download extra proof data to verify transactions without storing the full set. Until recently, syncing the blockchain with Utreexo took 2-3x the data download of a normal node, pushing into terabytes. That problem is now being solved, new aggregator techniques from SwiftSync have eliminated the extra download overhead. The implementation is still being finalized, but the hard part appears to be behind them. Two things worth noting: First, Utreexo is quantum safe. The accumulator and aggregator are built entirely on hash functions, not elliptic curve cryptography. Whatever quantum computing does to bitcoin's signature scheme, it won't touch Utreexo. At a time when the quantum conversation is heating up, that's a meaningful design advantage. Second, Utreexo directly addresses the tension around "spam" on bitcoin. Inscriptions, BRC-20 tokens, and other data-heavy outputs bloat the UTXO set that every node has to carry. Pruning helps with old block data but doesn't touch the UTXO set. Utreexo makes the entire debate irrelevant, if your node doesn't store the UTXO set at all, the size of it doesn't matter. New releases are out for both utreexod (BTCD-based) and Floresta (rust-based, built with rust-bitcoin). Both are in testing mode, not ready for real funds yet, but ready for developers and node operators to try. This is the kind of quiet, foundational work that actually scales bitcoin at L1. No token. No VC round. No press tour. Just better engineering.

@LynAldenContact @ExplorationAnon @LordGrimdark He's the best!

@ExplorationAnon I studied dozens of authors’ prose directly, and several academic guides on the subject. My favorite prose of all is by @LordGrimdark.

The truth behind this is that I studied fiction prose quite extensively, since I knew that was my weakness ahead of time (relative to story, characters, etc). I'm an engineer/financier, not an English major. So I focused heavily to turn that weakness into a strength. 🧵

@adam3us @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack Jon, James and Giacomo taking this seriously is enough for me to give it serious weight. Thanks for taking the time to reply - I appreciate your thoughts as well.

@BoltAndBlocks @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack People suffer from confirmation bias, but my point is all this nonsense misunderstands basics about how IETF like consensus decision making works. And hyper focused on ad hominem logical fallacy.

If @hodlonaut writes it, I reads it. And wow, @ctdl21 is back with one of the best researched and eye-opening Bitcoin articles of all time!

@adam3us @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack Do you think @jonatack and @jamesob are lying? James said it's, "consistent with what I saw firsthand. Article is well researched." and Jon is quoted throughout.

@BoltAndBlocks @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack someone should debunk it, just don't have time - he's full time producing AI assisted misrepresentations, lies, conspiracies and slop. feel free to DYOR and debunk it, however. guarantee it's pretty much all false, mischaracterized. maybe he even believes it

@adam3us @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack If there's false information, someone is going to point it out. Like Shinobi did. I think you're deflecting here instead of saying why it's wrong or why you disagree. BIP-110 is stupid, Knots is not a viable alternative and Core is broken can all be true.

@BoltAndBlocks @Princey21M @hodlonaut @ctdl21 @giacomozucco @jamesob @jonatack have you heard of "Brandolini’s Law": the "bullshit asymmetry principle," states that the energy required to refute false or misleading information is an order of magnitude larger than that needed to produce it.

@adam3us @Princey21M @hodlonaut @ctdl21 Forget the BIP-110/Knots nonsense for a minute. This was an interesting piece that should be properly replied to. It's filled with info that can easily be invalidated, so if it's a conspiracy, you should explain how. Also @giacomozucco, @jamesob and @jonatack supporting it.

@Princey21M @hodlonaut @ctdl21 His writing is very bad, conspiracy slop lately. Not sure if that's what you mean.