Kestrel

@BraginRights @adam3us @thecryptovalley Brutal.

It’s not that often I listen to conference speeches, but @adam3us is always a must visit for me, especially at @thecryptovalley

Honestly, Citrea is not "stupid" as it stands to make the founders a lot of money. What it is, like Mechanic said, is harmful. Just like all the other garbage, including soft porn images, that's stuck on chain forever. And all the NFT "projects" on Bitcoin that have been used to harvest everyday people hoping for a moonshot. Language is important, Ben. I've always really liked your show but I simply don't get your stance on this.

@CaminaDrummer4 Citrea is stupid and I have no interest in it. Shitcoins and spam are also stupid. I also have zero interest in treasury companies, etc. I want to use Bitcoin as money. That's not some secret stance of mine.

All @BTCsessions has to do is say something like “I don’t want citrea running Ethereum on bitcoin”. If he had EVER done that here, wouldn’t be an issue. I checked his post history. Instead he says “you can’t make me tell people to run knots”. We never asked you to, dude.

You haven't done your research. Canada: very high taxes, long cold winter, high cost of living, high housing costs, crumbling and overburdened medical system, extremely rapid population growth (due to legal immigration), heavily woke culture, bureaucratic "can't do" attitude and red tape, 10-year economic stagnation and low growth, and the list goes on and on.

@ctoLarsson If I had to leave Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿, my top 3 choices would be Canada 🇨🇦, Wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿 and Ireland 🇮🇪

Should you leave your country? But go where? My top 3 countries for Wealth, Lifestyle, Safety. Not the ones you expect… Watch the full video. You get my excel too.

@ChaincodeLabs I vote for @hodlonaut citadel21.com/the-network

Nominations are open for the 2026 Bitcoin Research Prize! Submit papers that made an impact on Bitcoin or Lightning published after 2022: forms.gle/DzN1gt7XbgEcMF… Have you (co)authored any papers that fit this criteria? Submissions are anonymous 😉

@hodlonaut Kudos to you, hodlonaut. You're shining the sunlight where it needed to be shone. Those ogres can only lie, smear, and gaslight, and anyone can see it.

Never would I have believed five years ago that I would be attacked, smeared and harassed by Adam Back, Shinobi, MrHodl and others for publishing a fully sourced investigation article about Bitcoin Core governance. It doesn't quite feel compatible with the whole "don't trust, verify" and decentralization mantras. It really is an unbelievable state of affairs. Appeals to authority, shaming, ad hominems, smears.... Zero engagement with the imo shocking revelations of the articles.

@felipecreate It has been going up but there are almost surely some sybil attacks still ongoing which inflate the numbers and make them fluctuate wildly.

I've been gone for a while. Are you telling me almost 25% of all nodes are signalling readiness for BIP110?

@zachxbt Great work, Zach. Bitcoin only.

A summary of the RAVE -95% price fluctuation from $26 to $1 over the past 24 hours. RAVE Timeline: April 18, 2026 7:26 am UTC: I posted a call to action for Binance, Bitget, & Gate to investigate RAVE market manipulation and offered a $10K bounty. 10:56 am UTC: I posted an update increasing the bounty to $25K. 11:18 am UTC: Bitget publicly acknowledged the call to action. 2:08 pm UTC: Binance publicly acknowledged the call to action. 3:06 pm UTC: RaveDAO posted claiming they have no involvement. 4:19 pm UTC: Gate publicly acknowledged the call to action. In the days leading up, on April 13 & 14, I confronted RaveDAO co-founder Yemu Xu (wildwoomoo) but have yet to receive an answer. RAVE launched in Dec 2025 on Binance Alpha with a 1B total supply. The addresses below, linked to the initial distribution, control ~95% of the RAVE supply (h/t Mlm): 0x9831156F1a6E506Fca41503590b42F07c2e80f54 0x8Ed6245C3276307E1A9D9Dc872E98A0E770070fd 0x6020656d1EF182173E45D4Fc375BDD5a48c674B0 0x2664cB80a5ee7D8EC05fe7C752dD62E078056E6d 0x2D81F8AeBf3e58A5e638006c9fd8F38C5220ecab 0x31694d761A8e851cFFbCd286aC54D01e5Ce5aFe6 0x0A1F07993a51CcEb4f52CA67765AECeADDA790d7 0xEB74Df8588cFC1C179Df4bd96C0bB8B227B9bE92 0x53d7d52301366DC14E1916b14eFeC1aDD8F3487b I found suspicious CEX activity in April 2026 tied to RaveDAO team addresses onchain, which potentially contradicts their recent statement: Bitget 0x2dc20f2180582172f5450c5d71e23fa438a7031b 0xa3a02aeb97fc1737c66f50d07d024799c137891d 0x2d95eb42525e6087e0cb7869f98da6838ed2e743 Gate 0x31711246b05d71e9eda5e38a3abb654020ee3353 Given the supply concentration, the team at minimum knows who is responsible for this price action. A simple litmus test: $6B in market cap was wiped out on just $52M of 24hr liquidations (h/t CoinGlass). That ratio points to a manipulated and unsustainable valuation. RAVE is not the only token with manipulation we have seen on major centralized exchanges. It's just the most blatant, reaching a top 15 market cap within 10 days before dropping 95% in hours. Other projects with highly questionable price action recently include: SIREN, MYX, COAI, M, PIPPIN, RIVER. Exchanges need faster intervention on manipulation. Detection at scale isn't easy, but each day of delay means retail traders absorb losses while platforms collect fees on the volume. The outcome is the same regardless of intent. While it's good the exchanges responded, I find it unlikely this activity wasn't spotted internally before I raised it publicly. I recognize how much this behavior takes from retail traders, and I plan to investigate similar movements in hopes of identifying the responsible parties. I want to reiterate that I did not take a position. If I had, I would have been liquidated myself. I also could not anticipate if or when the exchanges would comment publicly. My $25K bounty will remain active since the only DMs received were unverified claims rather than non-public information with supporting evidence as requested.

@w_s_bitcoin May I kindly ask what you are accusing me of? What does it say?

@Kestrel_23 "totally inexperienced woman" says it all, m8. 😂

We're half way through all of BIP-110's signaling periods and they still can't get more than a few signaling blocks per period. 💀

Jon Attack (sp.?) has clearly aid this is the case. Let's start with explaining how Gloria became a Core maintainer in barely a couple of years (super fast track) with no previous commitment to Bitcoin whatsoever? And who honestly sounds like an absolute retard in every interview I've ever seen. How did THAT happen? What about "feelings Friday"? What about Hodlonaut's vicious rebuttal of Blue Haired Matt's claim that DEI had no consideration? There's more...

@Kestrel_23 Let's start with the DEI claims. Name one dev who was stiffed because a minority dev took their place.

@w_s_bitcoin @GrassFedBitcoin You obviously already know that non of this is an insta-kill. It's just a gradual degradation of bitcoin into a random data storage network and shitcoin host.

I wonder how Core v31 is going to kill Bitcoin now that Core v30 failed to. Any ideas, @GrassFedBitcoin?

@Snz_BTC With you on this one. The woke right seems especially strong in the bitcoin space. A lot of Tucker Carlsons here. It's really disappointing.

About 300 people unfollowed me since I began covering the January protests and the massacre of more than 40,000 Iranians. Hundreds also followed. Among the unfollowing some probably just want Bitcoin content. Understandable. But I got into Bitcoin mostly because it represented an effort for freedom. I would be selfish and inconsistent to not care about the quest of 80M people for freedom. Bluntly you’d be too. Others are ideologues, islamists, woke right and woke left. To these I say: never come back please. As an anon I won’t share much about myself and my activism in real life, but I would say that I am not the random Iran poster. I am intimately familiar with the ground reality, and involved for decades. So please just don’t tell me “this is not your area”. Most people who say this have only learned about Iran from their popular partisan and biased media source so do yourself a favor, read my content with an open mind to learn something outside your bubble.

@hodlonaut Very nice work. Core and its supporters, including some big names, appear to have launched a direct attack on the Bitcoin blockchain for their own financial gain.

1/ In 2025 Bitcoin Core removed a decade-old mempool policy default — a configurable limit on how much non-financial data nodes would relay. OP_RETURN was effectively uncapped. Not a consensus rule. A default setting. But defaults govern what most of the network does. Which governs what miners see. Which governs what gets mined. The justification: it wasn’t working anyway, data was getting in through a loophole. What wasn’t disclosed: that loophole had been deliberately kept open. Here’s the documented sequence. 🧵

@kixunil @LiliH65289916 @giacomozucco @1btc1bitcoin @CaminaDrummer4 @zackabrams There is a basic difference between "threat" and "actually happened". When there is a threat, it is best to respond before it actually happens.

@LiliH65289916 @giacomozucco @1btc1bitcoin @CaminaDrummer4 @zackabrams Do you understand that BIP-110 supporters got scared of government persecution (for alleged CSAM) and thus want to change their node software? There wasn't even a single persecution at all and still this fear. In Slovakia we have a term for this which means roughly "pre-shitted"

Kinda brilliant troll happened on Bitcoin yesterday — If you're not aware, there's a certain crowd pushing for a proposal called BIP-110 to cut down on transaction "spam" like Ordinals and make it harder to embed harmful or illegal data on the blockchain. But others think the proposal amounts to censorship and wouldn't even stop people from adding images to Bitcoin... like the one below, which was added to the blockchain by Bitcoin dev Martin Habovštiak in a way that's fully compliant with BIP-110. The image shows Lucas Dashjr, one of BIP-110's main supporters, in tears.

I agree. There's this weird woke-right antisemitic tendency among big-name bitcoiners, who believe all kinds of conspiracies about Israel. Kind of like what Tucker Carlson became. And because Israel is an ally to the Iranian people, they won't support Iranians either. It's not all of us though. The Persians are a brave people who have endured horrible hardships for half a century. I pray it works out and that Persian lions will be successful, and build a great country for the future. From a fellow BIP-110 bitcoiner.

I'm deeply dissapointed with the Bitcoin community. A community I loved and contributed to for 10 yrs. Most didn't show support for the massacred Iranians seeking freedom (so much for a "freedom-first" community). And worse, many ridiculed and belittled our pain and suffering.

Ok, but, respectfully, you have not provided any tangible solutions. Like I said, "improving criticism" or "keeping efforts" or "helping" or "building consensus" are not real solutions. They have so far, and will continue, to produce zero, especially in the face of well-funded advocacy from big players with financial interests in jpegs (etc) on bitcoin. Honestly, if we follow your advice, then we get nowhere, and the shitcoiners win. Bitcoin needs tangible action, and it needs it yesterday.

@Kestrel_23 @Sickmaaa @LukeDashjr @mejoronada @hodlonaut @CatoTheElder17 @Holdonaut I don't think there are better options than the one I listed. Or I would share them. I think other options discussed now are strictly worse for Bitcoin. Or I would support them.

While disappointing to lose @hodlonaut for BIP-110, we must remember that his identity is public and he could be subject to external pressure. His reason is not convincing - of course miners may decide to not run it, that’s why we’ll force their hand. We’re not going anywhere.

@satofishi So, you want to get a fee from mining spam and expect our nodes to relay and store it for free?

Proof-of-work is the constitution of Bitcoin. Please respect mining and respect the miners. Without miners’ support, we wouldn’t have had SegWit activated, and we wouldn’t have made the Lightning Network possible. The miners are the ultimate guardians of Bitcoin against the jihad of Bitmain, Jesuses like Roger Verysmart, scammers like Craig Wright, and farces like BIP-110.

@TristinHopper In Canada, such people probably *can* escape consequences for anything they do.

Something to keep in mind: The BC Teachers Federation, the BC Human Rights Commission, the BC Human Rights Tribunal. These are extremely weak and cowardly people who are only acting like bullies because they think they can escape the consequences of doing so.

Trying to summarize the arguments against BIP-110 in a fair way, on a 10 point scale. I tried to be fair, and it's definitely possible I missed something. 1. It doesn’t stop spam, because spammers can always find a new way to spam the chain. Validity score: 10 Counter argument: BIP-110 invalidates large op_returns by consensus and stops large contiguous spam. It also restricts some types of current spam attacks like Ordinals. It also signals that spam will not be tolerated, and that there could be further a tightening of consensus in future. 2. It’s just Luke and a god complex. Validity score: 0. Personal attacks are not valid technical arguments. Counter argument: none needed as this is not a valid argument. 3. BIP-110 is rushed and imperfect. Validity score: 3 Counter argument: It is imperfect and cannot stop all forms of spam (see argument 1). It is not rushed because we have been waiting years to do something about spam and cannot afford to do nothing indefinitely. 4. BIP-110 will freeze funds Validity score: 1 Counter argument: It has been shown that there are only extreme edge cases involving deep Taproot scripting where this could happen, but it is exceptionally unlikely and rare and can easily be mitigated by the owners of said funds. 5. BIP-110 will limit monetary scripting Validity score: 5 Counterargument: People have already tested thousands of past monetary transactions and found few-to-zero that would have been affected by BIP-110. 6. Spam isn’t a problem so BIP-110 is stupid. Validity score: Depends on your vision for bitcoin. Counter argument: This depends on whether you believe that bitcoin is a purely monetary network, or if it is a general-purpose do-everything network for permanently storing jpegs, tokens, and any other non-monetary data. It also comes down to whether you believe that node runners are expected to store and relay things that they don’t want to (and that could even subject them to personal legal risk), and whether or not you are concerned about centralization and increased technical requirements on “pleb” nodes. 7. BIP-110 could possibly cause a fork, which would risk crashing the price. Validity: 10 Counterargument: Spam on bitcoin is unsustainable over the long term and if we don’t solve the problem now, the solution will only get worse over time.