Gilded Pleb
13.7K posts

Gilded Pleb
@gildedpleb
“With the measure you use, it will be measured back to you—and more"


The first step was just announced. Follow @ProductionReady for more updates when we’re ready.

Ok. Define bitcoins purpose from your perspective. Set limits and boundaries. Give non-trivial examples of what is and is not the purpose of bitcoin that flow naturally from your definition. This is not easy, so, I don't expect an answer. In fact, I'm banking on that you can not complete this exercise. Prove me wrong! I'm not even sure I can define it completely myself. But I can preliminarily sketch this: 1. Bitcoins purpose is primarily monetary. Example: i can exchange value with bitcoin, and send my bitcoin to another address. 2. Bitcoin can have unbounded secondary purposes. 3. Any contrary secondary purpose to this primary purpose is outside the purpose of bitcoin and perhaps antithetical. 4. Arbitrary data storage is contrary to this purpose; it wants larger blocks while the monetary purpose wants smaller blocks. 5. Therefore, this secondary purpose is antithetical to the primary purpose and is not within the acceptable purposes of bitcoin. 6. This is non-trivial, arbitrary data storage presently abuses the system and should be deeply discriminated against top-to-bottom in all possible ways regardless of effectiveness to protect the primary purpose. 1. I have defined a purpose for bitcoin (monetary w/ secondary). 2. I have set a limit (it can not include a contrary purpose) 3. I have given an example of legitimate use and illegitimate use, both non-trivial (legit: exchange, illegit: data storage) I feeeeeel like I am able to meet my own standard in my on view (pending any refutation). Now, what does bitcoins purpose look like for you in your view? Can it meet or exceed this standard?



Bitcoin is money.

@Pledditor Meanwhile, if you learned about bitcoin from the purely technical source known as bitcoin/bitcoin you would have learned about bitcoin, a peer to peer network that connects to itself to verify itself and serves no other purpose.



Ok that example did it for me, I'm now convinced BIP-110 is stupid. Let's optimize the DNS protocol to make it easier to run Doom or any other programs on it. Domain address to IP translation is just one use case of DNS.

The bleed over from the culture wars is getting really tiresome. Please eject that crap from the conversation. What matters is that Bitcoin is completely fine despite all of the hysterics. You can use Bitcoin completely undeterred just like you could a decade ago. Even more so now with Lightning.


🎯 BIP-110 node adoption reached 10% Early adoption momentum building toward September 2026 (163 days). Bitcoin Knots: 21.6%, Core v30: 0.0%. Track live: thebitcoinportal.com/nodes/bip110

🇺🇸🇮🇱 ERIKA KIRK: "Anyone who hates Israel is pure evil."





you're probably underestimating how crazy things are


Bryan Johnson's (@bryan_johnson) immediate reaction after taking 27 mg of 5-Meo-DMT ("God Molecule"), which is a very high dose.












