F1 🐐
693 posts

F1 🐐
@f1noct
#bitcoin 🐲 #1000SatsIfYouWin (https://t.co/9CL2ziUC8G)
PNW Katılım Ekim 2021
268 Takip Edilen136 Takipçiler

@f1noct @realvijayk This will be an interesting comment to revisit after SC. 😆
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As I start to study $KAS, can $BTC maxis tell me what's scammy about $KAS and what to look out for?
The obvious answer is "Bitcoin only. Don't get distracted" I get it. I have been the same way.
But outside that, what makes $KAS scammy?
Remember, I literally called $KAS a scam myself yesterday before starting to look into it.
I'm just learning and sharing my journey with you all.
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@Invest_Brandon @philip_tindle @saylor “You’ve been DCAing for 5 years”
“It matters when he bought”
🙄
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@philip_tindle @saylor Irrelevent. Look at his cost basis. It matters when he bought.
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Bitcoin Knots is NOT poorly maintained nor has "large flaws". What Core is doing is strong, maybe even definitive, evidence it has been taken over by people hostile to Bitcoin's success.
Consensus rules is NOT the place to mitigate spam. It has always been done in policy for good reason, and is most effective there. None of the "problems" you claim about divergence between policy and consensus rules are real problems.
Stop letting bad actors gaslight you.
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At @River we will continue to run Bitcoin Core because it is the only properly maintained Bitcoin node software. The Bitcoin Core dev team is highly competent and dedicated to the long-term success of the network. The current state of the debate around OP_RETURN relay rules is the result of overdramatizing a nuanced technical decision regarding tx standardness rules. Running poorly maintained forks of Bitcoin (with their own large flaws) because of this minor technical debate is an overreaction IMO.
No Bitcoin Core dev wants the blockchain spammed with data because they are the ones forced to deal with the scaling issues and edge cases that follow. However, the reality today is that consensus rules allow transactions with large amounts of data in OP_RETURN, regardless of mempool policy! So, the broader debate here is twofold:
1. People want to put data onchain and they will do so with or without OP_RETURN limits. There is nothing stopping these people from skipping the mempool and submitting nonstandard txs directly to a mining pool today, or using even uglier approaches that bloat the UTXO set (even worse for the network). If we want to actually “fix” this, we would need a consensus fork, not a mempool rule change. The decision to change the standardness rules to allow these txs to be relayed seems reasonable and not a big deal.
2. The divergence between standardness rules and consensus rules: There are many transactions one could make that are valid by consensus rules that cannot be broadcast to the network today because they are “nonstandard”. This does not stop a miner from including the transactions in a block. High divergence between standardness rules and consensus rules leads to complexity in the Bitcoin Core software and causes problems for block relay efficiency when people start sending non-standard transactions direct to miners. Starting to move away from this divergence seems reasonable, but needs to be done carefully. We can likely never fully delete standardness rules but I understand the goal to reduce complexity here.
This debate should remain objective and technical. It’s being blown way out of proportion. Remember, the vast majority of Bitcoin Core devs deeply care about the long-term health of Bitcoin and have dedicated their careers to getting Bitcoin where it is today.
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@The_Old_Taylor @GhostofWhitman From whoever is borrowing the bitcoin.
Call them crazy. Call them when interested.
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@GhostofWhitman Where does the yield come from
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@uncommie @JoelHodlman They need money first. Then things it can buy. ppl learn this quite quickly irl.
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@BitcoinNewsCom Wait by the mempool until you see the transactions of your enemies float by
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@bissuusingh Bitcoin Script.
It is the programming language used by Bitcoin.
en.bitcoin.it/wiki/Script
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@JoshMandell6 What would be your suggestion for money saved by DOGE?
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If the only purpose of "saving" this money was to justify spending it, then it really wasn't saved after all.
#Bitcoin please
Forbes@Forbes
Musk Mulls Sending All Americans $5,000 Checks Using DOGE Savings go.forbes.com/c/fXJz
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@WalkerAmerica Honestly this constant anti-everything other than bitcoin rhetoric hurts Bitcoin more than it helps. Nobody wants buy an iPhone because Apple runs ads bashing Samsung. They buy iPhones because Apple sells them on the perks of an iPhone. Sell people on bitcoin.
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Ethereum is irrelevant.
Solana is irrelevant.
XRP is irrelevant.
EVERY shitcoin is irrelevant.
Only Bitcoin matters.
Cry harder.
THE Bitcoin Podcast@titcoinpodcast
"Look at how much Bitcoin's market cap swings on an intraday basis, it moves an ENTIRE Solana every day… We used to move 5% of an Ethereum back in 2021. We now move 20% of an Ethereum… you are officially irrelevant by comparison. You don't count. No one cares." - @_Checkmatey_
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@AlekceiKozlov Yes and nothing to do with Sybil resistance. Sybil is a network concept. The token, hash power and node software are all parts of the network. Read your OP again and tell me you’ve conflated the two.
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