Bruce | OP_CAT 🐱

Imagine a world where Bitcoin is accepted everywhere.

feels like a good time to seriously rethink how operating systems and user interfaces are designed (also the internet; there should be a protocol that is equally usable by people and agents)

BREAKING: New Bitcoin Fork I am helping create a **new Bitcoin Hardfork** -- dropping this August, called "eCash". - Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash. - You may sell your eCash -- or keep it. Or ignore it! Vegas: - Yes, I will be in Vegas next week. - No, I won't mention this, on stage -- (that would be rude). Our L1 Node... - is a near-copy of Bitcoin Core. - is Sha256d mined. - forks via a one-time difficulty-reset -- to its minimum value. (So, mining will be crazy at first.) - Yes, we will change the seed nodes, the name, the network magic, etc. Codewise, the L1 will remain compatible with Bitcoin Core: - We will continue to merge their changes (even the bad ones). - The L1 will activate Bip300/301 via CUSF -- the core untouched soft fork. So, no lines of code will be changed, on the L1. - The activation client will be published periodically (link below). - We will do several bug bounty contests this summer. - The client will be frozen 30 days prior to the fork. Yes, there will be Drivechains: - We have 7 in developement right now. - Users can also submit their own. - Drivechain is a vision of "competing L2s" -- this avoids the "dev capture" problem. - These L2s are all Merged Mined. Miners automatically get free $. - Our L2s are already capable of planetary scale, and onboarding 8 billion users. - We also have a zCash-like L2, with strong privacy. - Other L2s: Truthcoin (Prediction Markets), CoinShift (Decentralized Exchange), BitAssets (NFT etc), BitNames (Identity), Photon (Quantum Resistant). Unlike BCH (the 2017 fork): - There is no "Bitcoin" in the name. New name, new brand. - You are getting advanced warning (4 months). - We are replaying all txns (at first). We will release a coin-splitter tool. - This is a permanent & sustainable fix to Bitcoin's problems (instead of a 1 MB to 8 MB temporary fix). - Back in 2017, the BTC tech stack was strong, and expectations for Lightning were strong. Today, it is the reverse. Video to follow.

I predict that by the end of 2026, there will be at least 2 Bitcoin hard forks that create altcoins. One from the Knots people to save the purity + “spirit” of Bitcoin, and at least another one from the frustrated builders who got sick of waiting for particular upgrades to get consensus. I think that the Knots effort will be short-lived, as the “spammers” will continually find ways to inscribe data until the filters get ridiculous. But the builders have the potential to attract lots of users from altcoins and also attract bitcoiners who resonate with the more technologist approach. So by 2027 we will have the institutional Bitcoin, the plebeian filtering Bitcoin, and the cypherpunk Bitcoin that we’ve been promised for longer than a decade. I think all of them will become bigger than BCH. But the winning chain will be the one that the miners choose to secure. It’s gonna be interesting! But the last time we had a civil war of this magnitude, it wasn’t Bitcoin or Bitcoin Cash that emerged victorious. It was Ethereum.

“Bitcoin: A Peer-to-Peer Electronic Cash System” Mission failed

Jack Dorsey just admitted Block is "reluctantly" supporting stablecoins after years of insisting bitcoin should be the internet's native money this is a bitcoin purist surrendering to market reality in real time on the record and I respect the honesty because he's right that bitcoin should be the native money protocol and the market is right that stablecoins are what people actually use for payments right now but the stablecoins are the trojan horse every stablecoin wallet is a future bitcoin on-ramp every person who gets comfortable holding USDT is one step away from holding bitcoin the infrastructure that moves dollars moves bitcoin Dorsey is watching the adoption path take a detour through stablecoins before arriving at bitcoin anyway he'd rather be the wallet people use for BOTH than the wallet that only works for the final destination that nobody's ready for yet