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Gabriel
477 posts

Gabriel
@BtcKataMetron
Bitcoin as a Katà Métron | Time School • Gigi | ≈10min | ≈4MB | V≥P | Don’t trust, verify.
Katılım Ocak 2021
308 Takip Edilen59 Takipçiler

“The chain is dying” they said.
Bitcoin daily transactions, last 5 years:
2021: ~268K
2022: ~255K
2023: ~379K
2024: ~525K (ATH: 927K in April)
2025: ~421K
2026 YTD: ~534K up 90% YoY in June alone
June 23, 2026 was the 3rd busiest day in Bitcoin’s entire history.
The chain isn’t dying. It’s more active in 2026 than almost any point since the 2024 peak.
Check the data before you repeat the narrative.

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@BtcKataMetron @thekaspaonion @AAStack 5% global adoption and we’re over halfway there.
Think ahead.
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@BtcKataMetron @thekaspaonion @AAStack Right.
So you’re either waiting days for a simple tx or bid against the 1%.
This will totally end well
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@KasGobbler @thekaspaonion @AAStack Network congests and an auction for block space triggers: you pay higher fees to skip the line and get confirmed.
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@AFTSDCrypto Il paragone con l’oro serve a richiamare le proprietà monetarie intrinseche che in BTC sono persino migliori. Allora anche l’oro non era "oro" nel '900 visti i pesanti drawdown? BTC fa esattamente ciò che deve: conserva valore nel tempo, e la media mobile a 4 anni lo prova.
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@GrowthOverYield @APompliano @PeterSchiff @CNBC @JoeSquawk It's clear you still don't understand what Bitcoin is. Imagine, even Iran has figured out the difference...
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There are millions of crypto exactly like bitcoin there’s nothing unique to bitcoin other than it was first. I just think it’s dead money I sold all my bitcoin at around $80,000. 2 years ago or whatever it was to buy my house. I have since gone full into ai like $MU and made returns I don’t think bitcoin will ever make from here on out
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Funny how @APompliano just went on @CNBC to make the case for Bitcoin, but touted the track record of gold instead. The fact that gold outperformed the S&P in the past has no relevance to Bitcoin, as Bitcoin is not gold. But don't expect @JoeSquawk to understand the difference.
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@GrowthOverYield @ChestNutz7 @APompliano @PeterSchiff @CNBC @JoeSquawk Which inflation are you talking about? CPI or monetary?
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@ChestNutz7 @BtcKataMetron @APompliano @PeterSchiff @CNBC @JoeSquawk Gold was up 2% in 2022 when inflation was causing a huge crash in equities.
By the way in 2022 bitcoin was down 60%
So which one was better when it came to being a hedge against inflation during a very inflation of a year?
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@GrowthOverYield @APompliano @PeterSchiff @CNBC @JoeSquawk Yet the Bitcoin protocol works perfectly. It cannot be printed by any government. Your life is still long. What you wrote are just fleeting emotions.
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Which test did $BTC not fail?
Inflation went up, bitcoin went down.
We get fears of debasement on the dollar and the dollar is losing value at a record pace, bitcoin falls.
War breaks out. Bitcoin goes down
At this point, all it's proven to be is a risk asset, and whenever all risk assets are going up, typically Bitcoin goes up, but now it's even failed that. Where the Nasdaq is going up like crazy, stocks are going up like crazy, and Bitcoin is doing nothing, and if anything, it's just going down. People have just lost all trust in it; it provides zero value.
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@APompliano @PeterSchiff @CNBC @JoeSquawk You Bitcoin idiots are gonna have to keep going back to 10 years and then eventually it'll be, "Oh imagine if you bought 15 years ago. Oh imagine if you bought 30 years ago." It's a worthless asset all it has done has failed every single test it's been given.
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Gabriel retweetledi

1/ 🔒 The biggest leap in Bitcoin wallet security in years: time-delays over multisig.
BitVault makes it the default — combining 2-of-3 multisig with enforced on-chain delays for the first time in a wallet anyone can use.
👉 bitvault.sv

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@maxibitcat @dotkrueger Nobody calculates this ratio for gold. At least Bitcoin’s security is decentralized.
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@dotkrueger And the ratio of security over value secured goes to what Fred?
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@ShanteeChris @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth We’ll see how it evolves. In the end there are only two scenarios: either it succeeds or it implodes to zero.
For now, I see the probability of the second as much higher, which is why you’re right to keep most of your holdings in Bitcoin rather than Kaspa.
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@BtcKataMetron @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth i value the constructive discussion but limited space is annoying
i still have most of my (crypto) net in bitcoin im not delusional 😅
fee market is a bit more nuanced than in bitcoin due to parallel blocks competing (race to bottom or top)
drive.google.com/file/d/1yaTxqw…
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@w_s_bitcoin In my personal opinion, by the end of the year, the range will be between 165k and 220k. More likely towards 190k.
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@ShanteeChris @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth Stress test are fine, but if mempool handles millions w/out stress it only pushes congestion further away.
No scarcity, no fee market.
Changing protocol to “force” it breaks immutability, and that’s what investors dislike most.
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@BtcKataMetron @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth regarding nodes this has already been tested extensively
mempool can currently handle about 1 million tx and a few days ago we had a spike in usage without kaspa breaking a sweat (exchange indexers went down though)

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Interesting points, but I’m not fully convinced.
Too many protocol changes risk scaring investors and immutability and predictability are key for network effect.
If price doesn’t rise, miners lose incentive, and without stability the fee market won’t fix it.
Kaspa is brilliant in theory, but in practice too many uncertainties… I say it with regret: it might implode.
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@BtcKataMetron @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth you are correct that the fee market only activates under congestion for now
goal is to implement an auction based market that can mitigate usage variances and guarantee a balance of low fees and miner revenue based on this arxiv.org/pdf/1709.08881
worst case is to cut blockspace
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I’d be more concerned about Kaspa building a real fee market.
Bitcoin already moves trillions a year with an active one.
Kaspa is interesting, but without real fee pressure it’s still theory.
Not to mention the fragile balance: if congestion rises, nodes suffer; if it doesn’t, the fee market never activates. With new protocol upgrades pushing congestion further away, activation risks being delayed even more.
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@BtcKataMetron @CryptoOdie @kaspaunchained @Kaspa_HypeMan @christi61026749 @KaspaReport @KASPAEnthusiast @michaelsuttonil @LynnaldenContat @hashdag @saylor @JeffBooth juggling with words without providing an answer
saying kaspa is like a bank while shilling WEF promoted lightning is ironic
dont get me started on onboarding masses there
if miners dont get paid your baselayer wont be immutabile
even satoshi was aware of the incentive problems

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@BtcKataMetron @vladcostea Following up on this one real quick. (no rush, just a follow up)
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When I first joined bitcoin, it was bitcoiners who were more knowledgeable than shitcoiners and had technical to explain what’s wrong with every other coin
In the meantime, bitcoiners became lazy and stopped learning
The average shitcoiner is usually technically right when he talks about Bitcoin, but the average bitcoiner has no knowledge except for the mighty price chart.
Sad!
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