silvercatman

@100trillionUSD Recency bias.

@saylor You own zero Bitcoin, sir. The only thing you own is a bunch of IOUs. Your fear is warranted.

This Halloween, the only thing to fear is not having enough Bitcoin.

@BitcoinErrorLog ‘Trust the experts’ - 2020 called and wants its narrative back.

Stop. The idea we could ever "soft" fork Bitcoin and achieve "consensus" on change is a huge, huge lie. Bitcoin Core, for now, has a privilege & trust from users, that allows it to steer consensus when it feels like the rule set should change. Most users have no idea that Bitcoin is moving underneath them, and the users that do are woefully under-qualified to advise or approve any changes. When we argue about BIP444, or any speculative change, it is a vain, corrupt, oppressive habit of thinking we know what is best for Bitcoin and Bitcoiners.

@adam3us @beeforbacon1 Adam, come on, be honest. It’s the opposite. CORE developers pushed their preferred default on other people. They literally changed the default, and did so without the community asking for it.

@beeforbacon1 it's a battle for the default, they're not content to set their own defaults, they want to push their preferred defaults on other people.

@adam3us @NickSzabo4 @LeeroyBitcoins @phyrooo @lorandimecs @Excellion @_jonasschnelli_ The distinction is nuanced but crucial: an exploit versus a deliberate design decision in v30 that enables abuse and unnecessarily expands the attack surface for legal attacks and smear campaigns. It’s essentially a UX improvement for spammers and bad actors.

@NickSzabo4 @LeeroyBitcoins @phyrooo @lorandimecs @Excellion @_jonasschnelli_ did you pay attention to the fact that it's possible to store contiguous images in taproot hiding also? or has this turned into emotion over logic for you also...

This conversation has reached an all-time low. Hopium about omega candles is frying people’s ability to think straight.

Having a feature that looks like it's intended for non-financial content may be a much larger legal risk than having a feature intended for financial transactions that is subverted to post non-financial content. It's not "all just bits" in the eyes of the law. Caveat IANAL. A feature that looks like it's intended for non-financial content also sends a strong social signal that non-financial content is welcome on Bitcoin.

@callebtc So why remove the harm reduction method.

Bitcoin Core 0.9.0 release notes from 2014. Bitcoin Core's position has always been clear: Bitcoin is money. OP_RETURN is a harm reduction method. Its purpose is to protect the money use-case. Nobody believes Bitcoin is a database, that's ridiculous. Reject Knots propaganda.

@GrassFedBitcoin Not allowing supply inflation above 21M is censoring others from using Bitcoin!

Future war: "omg you think adding an extra 1% to Bitcoin's supply can kill it? u don't understand game theory"

@NickSzabo4 True. Mempool policy matters: it shapes UX, sets norms, and affects spam economics. Relay rules add or remove friction, shifting network behavior. Miners are the final arbiter, but mempool policy shapes the environment in which they operate and users broadcast.

Whether you try to discourage something, or do nothing, or try to encourage it -- or seem to do these things -- each of these actions or non-actions sends a signal, often a much more powerful signal than the actual security of your effort warrants. Think about locks on your door. Would they stop a skilled and determined robber? No. Do they stop most unwanted visitors? Yes. Most predators just want dinner, and they will choose the least risky prey they can find. Since this debate mostly lies in the area of the mempool and relay policy, it mostly isn't about strong security, it's more about the locked-door kind of security, or even just about traffic signs that guide people to the proper place. A strong security solution would obviously be much better, but the alternative to a strong security solution is not to do nothing -- it is to fall back on other methods. Methods that may be weak but that send a signal. The fact that you can't stop a determined and skilled attacker in this case should not stop us from trying to stop most of the behavior that could harm node operators individually or the network collectively. See also unenumerated.blogspot.com/2006/10/things…

@callebtc That’s like saying printing costs are the spam filter for junk mail. Clearly, that hasn’t stopped spammers from stuffing your mailbox with flyers.

fees are the spam filter, and they've been working great for almost 17 years.

Translation: The United States will have the biggest pile of shitcoins. 💩

@evoskuil …and units of money are (figuratively) units of economic energy, in other words, can be exchanged for human labor or fruits of labor.

No, intangible products like Bitcoin do not have mass/energy and cannot transfer it. Bitcoin stores and transfers units of money.

Translation: we are very scared, please believe our narrative.

@Justin_Bons @short_fiat_ PoW was invented to replace PoS (legacy system is PoS).

@short_fiat_ Right, because needlessly burning up the same amount of energy as small countries is one of BTCs advantages Oh, wait Ever since PoS, PoW has become unnecessary Bitcoiners want to frame this as a positive, but every cent paid out to miners comes out of the pocket of investors

If you joined the cryptocurrency movement to help create a more free world Do not focus all your efforts on BTC Making a meaningful difference in macroeconomics requires massive on-chain capacity Something that BTC simply lacks; reject the phonies & join the real revolution

@dergigi Divide & Conquer Strategy.

@heidlebaw @hodl_adu @satstreetbets @aaa51517 @Bitcorneeee @KanutoTakumi @mac10saurus @Stacking_sats_ @btcfangorn @WeekCro @SteveDunleavy @ghostofhiden @gegelsmr4 @ghostharski @infinibunny @re_tweet @SBF_FTX O

@hodl_adu @satstreetbets @aaa51517 @Bitcorneeee @KanutoTakumi @mac10saurus @Stacking_sats_ @btcfangorn @WeekCro @SteveDunleavy @ghostofhiden @gegelsmr4 @ghostharski @infinibunny @re_tweet @SBF_FTX O

1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.

@twobitidiot Time to build more scams? nah.

By now you know what it is, yet, at the same time, you don't know what it is at all, but it's there, all the time, like a splinter in your mind, driving you mad. #Bitcoin

"Change the Code, Not the Climate” Greenpeace, a crypto billionaire launch campaign, is designed to pressure the Bitcoin community to alter the way it orders transactions trib.al/4cPQhIO

@hodlonaut *antidote

Bitcoin brings back accountability and consequences. It is poison to the clown world.