LarryRuane

Great points! That's part of why @LynAldenContact's book Broken Money is so brilliant. No Bitcoin in the title, first section is "What is Money" including its history, Bitcoin not discussed until page 300 out of 500.

Had a hotel bar convo with normies last night. They were all history buffs, and they asked if I liked history… I told them I’m not a huge history buff but that I knew a lot about the history of money, the different types of money and how ultimately, central powers were always able to capture the money at the expense of the actual value producers in every society we’ve had etc. I pointed to the fact that money is a language that can direct the course of history more than any other factor They were all blown away that they knew so much about history but had never really thought about monetary history and how it constantly changed the course of humanity One person even said “oh are you into cryptocurrency and Bitcoin?” And I said, well yes this all does lead to Bitcoin as the first money that can’t be captured but I’m not going there, and stuck to monetary history. With their reactions, l guarantee that those 4 people left with an itch to learn more about the history of money Once you understand the history of money, you won’t have to pitch “Bitcoin” I’d even suggest to stay away from the word altogether and plant curiosity that ultimately leads to Bitcoin anyway

@Crypto21mil @LukeDashjr @PhysicistTx @D_Preacher_1 Trying to prove the existence or non-existence of God using physics is a category error. God is to the physical universe like people are to a chessboard and the rules of chess. The former exist outside the scope of the latter.

@LukeDashjr @PhysicistTx @D_Preacher_1 Do you even have basics physics education? I mean i’m not going to judge your bitcoin work based how little you understand the reality of our universe.

Do people believe in God because they found evidence, or because they were taught to believe as children?

@L0RINC @mattkratter I hope my observation is convincing on its own. The video just triggered the thought for me; you don't have to agree with the video or Matthew's other videos.

@LarryRuane @mattkratter Not sure he's a reliable source, he's a drama queen who lies a lot...

On the question of how to view the mempool ... youtu.be/8cE_Lcxc5gk @mattkratter One way I gain understanding is by contrast. The Visa network owns and operates data centers around the world. The person in charge of Visa engineering has undoubtedly set up rules or policies for the overall operation of the network. Each data center (I assume) has a manager with some autonomy, but is expected to implement and adhere to corporate policy. Any manager who doesn't can be considered to have gone rogue and can justifiably be fired. It's obvious how different the Bitcoin network is! Individual node runners are not taking a salary as employees. We're using our own private property to be part of this network. We have the right to use our private-property node as we wish, and the worst that can happen is that we're ignored by the other nodes. These "single mempool" people think of the Bitcoin network as more like the Visa network. They're wrong. Even if a more unified mempool policy would be better for overall network operation, too bad, we're sovereign property owners.

Not sure I understand your question, but if more than half (e.g., 55%) of blocks signal, bip110 activates, and if (at least) those signaling miners actually implement the 110 restrictions in the blocks they generate (i.e., their signals weren't lies), then there is no chain split, since even non-110 nodes approve of the 110 blocks (110 is a SF). So no hard fork ever happens. Non-110 miners may produce blocks with large op_returns, but they will be orphaned. Economics would quickly incentivize them to stop generating such (non-110) blocks. Does this explanation answer your questions?

So if 55% of blocks signal Bip-110, what is the mechanism for enforcing it if not a hard fork? What happens to the nodes/miners not using BIP-110 in that situation? Wouldn't it by definition create a separate chain if different transactions are now being approved by two different rule sets?

@chikachiglobe @livingdevops So true! I had the pleasure and honor of meeting him and having lunch with him and a few other guys at Bell Labs Murray Hill in the late 80s. Dennis was very polite and quiet, until a topic came up that he was passionate about, and then he talked nonstop! Great guy.

Legends aren’t always the loudest they’re often the most foundational. Dennis Ritchie gave the world C, and in many ways, influenced nearly every system we rely on today. The contrast with Steve Jobs’s global recognition says a lot about how we celebrate innovation but both changed the world in their own ways.

Dennis Ritchie created C in the early 1970s without Google, Stack Overflow, GitHub, or any AI ( Claude, Cursor, Codex) assistant. - No VC funding. - No viral launch. - No TED talk. - Just two engineers at Bell Labs. A terminal. And a problem to solve. He built a language that fit in kilobytes. 50 years later, it runs everything. Linux kernel. Windows. macOS. Every iPhone. Every Android. NASA’s deep space probes. The International Space Station. > Python borrowed from it. > Java borrowed from it. > JavaScript borrowed from it. If you have ever written a single line of code in any language, you did it in Dennis Ritchie’s shadow. He died in 2011. The same week as Steve Jobs. Jobs got the front pages. Ritchie got silence. This Legend deserves to be celebrated.

One way I gain understanding is by contrast. The Visa network owns and operates data centers around the world. The person in charge of Visa engineering has undoubtedly set up rules or policies for the overall operation of the network. Each data center (I assume) has a manager with some autonomy, but is expected to implement and adhere to corporate policy. Any manager who doesn't can be considered to have gone rogue and can justifiably be fired. It's obvious how different the Bitcoin network is! Individual node runners are not taking a salary as employees. We're using our own private property to be part of this network. We have the right to use our private-property node as we wish, and the worst that can happen is that we're ignored by the other nodes. These "single mempool" people think of the Bitcoin network as more like the Visa network. They're wrong. Even if a more unified mempool policy would be better for overall network operation, too bad, we're sovereign property owners.

"The Mempool" Is Collectivist Propaganda

@GravelInstitute No War With Iran.

@TheBabylonBee Duct tape is better than velcro ... I never buy velcro, total ripoff!

Spirit Unveils New All-Duct Tape Aircraft buff.ly/novj4s4

@TheBabylonBee Duct tape is like The Force - they both have a light side, a dark side, and they hold the universe together.

@theswansjr @Johnsmi99337769 Jeff, correct. Bitcoin is not a get-rich-quick scheme. It is a don't-get-poor-slowly scheme.

@Johnsmi99337769 If you think Bitcoin magically makes you rich, then you don’t understand money, and you certainly don’t understand Bitcoin.

Don't own any bitcoin? Think it's a scam? That's perfectly understandable. You've been educated by the exact system that needs you to stay confused. Your financial advisor doesn't understand it. Your banker don't understand it. CNBC doesn't understand it. But the truth is this: Every person who has ever deeply understood Bitcoin, bought it.

@GaryHalpin23 @RealScottRitter @MeghanMcCain "we're exchanging bombs" Aka war

@LarryRuane @RealScottRitter @MeghanMcCain Well, we're exchanging bombs, I'd consider that in conflict with. I'd think that could be treason but I'm no lawyer. And I'm not sure who they are referring to. I'd think it would be difficult to prove.

Secretly communicating with an enemy of the United States during an active war conflict makes you a traitor in my book. Full stop.

@GaryHalpin23 @RealScottRitter @MeghanMcCain There would be no objective test, what is the exact definition of "in conflict with?" Seems like it could lead to a lot of ad hoc prosecution. (BTW I don't know what the OP is referring to)

@RealScottRitter @MeghanMcCain I'm against this war or whatever people are calling it, but I'm not sure if freedom of speech covers talking or leaking information (if true) to the group we're in conflict with.

@orangegatewayx Oh yeah? Then how is Google Maps possible?

@LarryRuane All the trolls have awaken! Lightning network a np-hard optimization routing task... Google it, then come back to Bitcoin, BSV.

Bitcoin Core’s long-term security plan is… fascinating The block subsidy goes to zero eventually. That part everyone agrees on. After that, miners are supposed to live off transaction fees. Sounds reasonable; until you remember BTC deliberately keeps blocks tiny and constantly tells users to move transactions off-chain to Lightning. So the system designed to pay miners with fees is simultaneously designed to avoid generating those fees. It’s like opening a restaurant, telling everyone to eat somewhere else, and then hoping the chef still gets paid somehow. Meanwhile BSV’s idea is painfully simple: scale the network so millions or billions of transactions happen on-chain. Tiny fees multiplied by massive volume. Actual economic activity instead of philosophical debates about “digital gold.” BTC’s security model is basically: don’t worry, number go up. Which is comforting right up until the miners realize security can’t run on vibes.

I thought when Trump and the Republicans took over, one of their first priorities was to finally get rid of the hated Daylight Saving Time. Whatever happened to that? Instead, they gave us a new war 😡

@SecretFire79 @FredSimonTLM Don't think so

@FredSimonTLM Unfortunately

This is painful to hear from a Catholic priest

@GaryHalpin23 @Bubblebathgirl Thank you for your attention to this matter.

@Bubblebathgirl Hey kids, look, another cheerleader.

Iran had plans of taking over the entire Middle East, and completely obliterating Israel. JUST LIKE IRAN ITSELF, THOSE PLANS ARE NOW DEAD! President DONALD J. TRUMP

@theswansjr The same reason people were initially against the bicycle, telephone, automobile, Internet, anything new. Here is a great follow on this kind of history: @PessimistsArc

Bitcoin offers something rare: A way for ordinary people to protect themselves from inflation and take back control of their money. Yet many people oppose it. Why?

@kathnich169 You, Kathy, are a LIAR (about what your neighbor said).

I'm shaking as I type this. I've barely been back on U.S. soil for 24 hours, and already my next-door neighbor has said something utterly disgusting and horrifyingly antisemitic. It's vulgar, deeply disturbing, and completely messed up. Just 23 days ago, I traveled to Israel—something I've dreamed of my entire life—to volunteer by cooking and helping feed IDF soldiers. I never imagined a war would break out while I was there, forcing me to stay much longer than planned. Despite everything, it turned out to be the most incredible, meaningful experience of my life. El Al was amazing and managed to get me on a flight home safely.But not even a full day after returning, my neighbor said, "Why the f*** would you go to that Jew country? Hitler should have been given more years to kill them all." He said it without even flinching. As a Christian Zionist, I am utterly disgusted by what I've just experienced. I can't even begin to imagine the hatred and prejudice that my Jewish brothers and sisters face on a daily basis.But hear me clearly: I will always stand with you. I will be a voice for you. I will do everything—and anything—in my power to call out antisemitism and hate wherever I see it. This is not okay. What happened has only strengthened my resolve. I will NEVER be silent, and I will always fight for you all. #ENDJEWHATRED @LeoTerrellDOJ @TheLeoTerrell @ADL @FoxNews