Bit Cat

10.5K posts

Bit Cat

Bit Cat

@maxibitcat

#Bitcoin and #Kaspa stuff.

Katılım Şubat 2022
291 Takip Edilen1.3K Takipçiler
Sabitlenmiş Tweet
Bit Cat
Bit Cat@maxibitcat·
Bitcoin is social consensus around the idea of following a default rule (heaviest chain) to keep agreement around something (a global ledger of value) for which there would normally be very little agreement. It's just a default rule, that can be overridden at any time when there is social consensus around something else. If there was social consensus for deleting bitcoin, it would be gone in a split second and it would be hard to prove it ever existed. In the early days, in presence of a catastrophic bug and with the full agreement of the very few participants, the rule was neglected, and patched. It's a human tool after all, therefore human agreement is always king, when it exists. However, despite being just a default rule, it can become an incredibly sticky one, because of the well known difficulty of humans to take any kind of coherent and durable collective decisions, especially at a global scale. Newspapers contain very little traces of social consensus. And when alternatives are shaky and not immediate, the default rule easily becomes the only rule. So while it may sound like a contradiction, I think bitcoin exists thanks to a form of social consensus, but is also nourished by a total lack of it.
English
2
2
25
5.4K
Bit Cat
Bit Cat@maxibitcat·
@Vladcostea The only way to achieve a sustainable security budget in the medium term is to have (much) more demand for tx than available block space.
English
0
0
0
13
VLAD HOSTS THE BEST PODCAST IN BITCOIN
VLAD HOSTS THE BEST PODCAST IN BITCOIN@Vladcostea·
bitcoin is designed to become expensive more miners -> higher difficulty -> cost to find a block goes up more transactions -> fuller blocks -> more expensive transactions bigger blocks -> more data -> validation cost increases smaller blocks -> full mempool -> transaction cost increases gotta pick tradroffs
English
5
5
18
1.1K
VLAD HOSTS THE BEST PODCAST IN BITCOIN
VLAD HOSTS THE BEST PODCAST IN BITCOIN@Vladcostea·
syncing bitcoin core v30.2 on my new mac studio with 64 gigs of ram the internet speed is 923 mbps gave it 10 cpu cores how long do you think it’s gonna take?
VLAD HOSTS THE BEST PODCAST IN BITCOIN tweet mediaVLAD HOSTS THE BEST PODCAST IN BITCOIN tweet media
English
30
0
32
3.9K
Bit Cat
Bit Cat@maxibitcat·
@fartface2000 He's happier than ever knowing this will soon force everyone to use electric cars.
English
1
0
1
24
FF2K..Unit of account Maxi
FF2K..Unit of account Maxi@fartface2000·
I think Elon knows this was the dumbest fucking thing ever.
FF2K..Unit of account Maxi@fartface2000

Hey @elonmusk , I would love to know your opinion. Elon Musk has made very few direct statements specifically addressing the US-Israel strikes on Iran (which occurred around late February 2026, including the killing of Supreme Leader Khamenei and other IRGC leaders) or the ensuing conflict/escalation. His most notable relevant comment came during the peak of the event: •On March 1, 2026 (shortly after the strikes), he replied to a post from X’s product head Nikita Bier noting it as the “biggest day on X in history” with: “Highest usage of X ever”.
This was widely reported as tied to massive real-time traffic from users following the airstrikes, drone attacks, and fallout (e.g., oil price spikes, global reactions, and Iranian retaliation threats). He highlighted X’s role as a platform for breaking news and discussion during the crisis, without endorsing, criticizing, or analyzing the military actions themselves. Other recent posts from Musk (February-March 2026) touch on war-related themes but do not directly reference Iran, Israel, the US involvement, or the specific attacks: •He commented on drones and hypersonic missiles as future-dominant weapons in asymmetric conflicts (e.g., “Drones were a major factor in this attack… Aircraft with people in them will unfortunately die very quickly”), in reply to a post about Western air superiority being “vindicated again.” This could indirectly relate to the drone-heavy strikes on Iran but appears more general/technological. •Mentions of war impacts (e.g., increased child vulnerability after wars killing fathers, or AI wars) are not tied to this conflict. •No posts explicitly praise, condemn, predict outcomes for, or discuss strategy regarding the Iran strikes/war. There are no indications of deeper commentary like policy takes, support for the operation, concerns about escalation (beyond his older WW3 warnings), or Starlink activations in Iran during this phase (though earlier reports exist from 2025). Media coverage focuses mainly on the X usage spike as his primary “statement” amid the event. His activity remains more observational/platform-focused during high-traffic crises like this. If he posts anything new directly on the topic, it would likely appear on his X account first—worth checking there for real-time updates, as things can shift quickly.

English
2
0
5
275
Bit Cat
Bit Cat@maxibitcat·
@Seb28_7 Sure but they don't come on Twitter trying to convince you that they are risk free bonds lol
English
1
0
1
24
Seb
Seb@Seb28_7·
@maxibitcat You should have a look at all those products that are offered by the general banks. 😉
English
1
0
0
25
Bit Cat
Bit Cat@maxibitcat·
Financial institutions are literally obliged by law to repeat to you that "past performance is not indicative of future results". Yet somehow a guy is selling as a money market account a chatgpt-engineered exotic derivative that will ruin you if past performance doesn't repeat.
English
2
0
10
314
Bit Cat
Bit Cat@maxibitcat·
@dampedspring That's a pointless measure for instruments whose volatility is artificially kept down. UST on Anchor has a wonderful sharpe ratio too, until it didn't.
English
0
0
2
102
Andy Constan
Andy Constan@dampedspring·
This should be fraud. The annual return of this investment has been 11ish as the yield has risen over the last year. It's annual volatility based on their own chart is 14% risk free rate is 4 ish resulting in a sharpe ratio of 0.5. But this guy quotes a sharpe with the same annual return but uses the 30d realized annual return as the divisor. Claiming the sharpe ratio is 5.3. $STRC $MSTR.
Michael Saylor@saylor

$STRC volatility has reached an all-time low of 1.5%, driving its Sharpe Ratio to an all-time high of 5.37—setting a new standard for risk-adjusted performance.

English
34
16
289
96.9K
Bit Cat retweetledi
Vortex | CTV | LNHANCE
Vortex | CTV | LNHANCE@theonevortex·
No what YOU fail to understand is that bitcoin core is a meritocracy and the bitcoin network is anarchy, nothing about bitcoin is a democracy for loud people on twitter to vote on, this is a feature not a bug. Everyone was ignoring the 100k limit which was causing malincentives to provide private backdoor channels to miners like mara with slipstream which resulted in centralizing the blockspace so v30 was released as harm reduction as I go more into here: x.com/theonevortex/s… As I just mentioned the data limit is 1mb and remains unchanged, the relay policy change was a minor change and can be changed by any individual node to their liking, while something like 110 is a consensus change and 110 has a huge amount of technical issues that I go more into here: x.com/theonevortex/s… It seems you've been psyopped and bought into narratives instead of paying attention to the facts, I mean just look at your handle name lol.
English
3
4
28
1.6K
Bit Cat
Bit Cat@maxibitcat·
@BigCheds We think that these things are driven by world events that have little to do with imaginary lines.
English
0
0
0
391
Bit Cat
Bit Cat@maxibitcat·
@jaim3com The thing is, monero was successfully attacked a few months ago by a bunch of crypto bros as a fun side project. It seems safe to imagine that any government could shut it down with a click if they wanted.
English
5
0
12
219
Benjamin Cowen
Benjamin Cowen@intocryptoverse·
If you don't know where the yield is coming from, you are the yield.
English
143
86
1.8K
116K
Bit Cat
Bit Cat@maxibitcat·
@realvijayk True, but the use of custody doesn't fundamentally come from a limitation of the technology, rather by its extreme convenience.
English
0
0
0
54
Vijay 𐤊ailash, CFA, CFP®
Vijay 𐤊ailash, CFA, CFP®@realvijayk·
Honest question: I want YOUR help critiquing my thought process. If everyone is forced on custodial layer 2s is it possible for rehypothecation of "Bitcoin" IOUs? In theory, could this lead to fractional reserve credit creation, ultimately leading to more aggressive debt cycles, leading to a newer version of the federal reserve? If I'm wrong, please tell me so I can study $KAS and $BTC
Vijay 𐤊ailash, CFA, CFP® tweet media
Michael Hollomon Jr.@unkle_skunkle

Correlation ≠ causation. Just because most moneys have scaled in layers and failed does not mean that the failure was due to the layering. That has not been the cause. The most common causes of failure are supply expansion, fractional reserve credit creation, political control and debt monetization. Not layering. Layering scales money. It doesn’t break it. Every successful money developed layers. Every failed money developed unbacked claims. Big difference

English
3
5
31
1.6K
Bit Cat
Bit Cat@maxibitcat·
@phongle The Sharpe ratio of UST on Anchor was magnificent, until it wasn't.
English
3
0
5
195
Eric Voskuil
Eric Voskuil@evoskuil·
No, that’s the definition of a soft fork, as opposed to a hard fork. Where “subset” implies not a rule subset but that a strict subset a txs that are valid under the original rules are valid under the SF. A HF implies a superset. Both imply a chain split, which is what is actually meant by compatibility, since when people say this (as evidenced in this thread), they mean that original rule set nodes are “unaffected”. This is not that case. Only majority hash power enforcement of the SF mitigates (but does not eliminate) this chainsplit scenario. Unfortunately people who should know better led others to believe that SFs do not cause a chain split, which is untrue.
English
2
0
1
79
Eric Voskuil
Eric Voskuil@evoskuil·
Blocks me after doubling down. People who don’t understand this should not be commenting on forks.
Eric Voskuil tweet media
English
9
2
37
2.6K
Bit Cat
Bit Cat@maxibitcat·
@btcjvs If you totally neglect diversification and concentration risk then it makes sense.
English
0
0
0
154
Bit Cat
Bit Cat@maxibitcat·
@VitalikButerin So finalizing a block after only a tiny amount of stake has voted for it?
English
0
0
4
130
vitalik.eth
vitalik.eth@VitalikButerin·
A new fast confirmation rule mechanism lets you get a hard guarantee that Ethereum will not revert after one slot (12 seconds) Security assumptions are (i) supermajority honest, (ii) network latency under ~3s. So one step below economic finality, but very strong for many use cases. firefly.social/post/x/2033852…
English
137
86
721
73.1K
Lightning News
Lightning News@LightningNewsX·
BREAKING: 🇺🇸Square to enable bitcoin lightning payments as default for over 4 million merchants ⚡️ Square will auto-enable Bitcoin payments for all eligible partners starting March 30, 2026. A Terms of Service notice was sent to merchants registered with Square's POS solutions. This means over four million businesses using Square could become Bitcoin accepting merchants overnight. Up until now, business owners had to manually activate bitcoin payments and decide whether to auto-convert to USD or keep in BTC. The rollout is part of Block’s push to integrate Bitcoin payments across its ecosystem including CashApp, leveraging the Lightning Network instant, low-cost transactions. Sellers will still have the option to disable the feature or automatically convert Bitcoin to USD at the point of sale. @Square
Lightning News tweet media
English
19
70
324
39.8K
Bit Cat
Bit Cat@maxibitcat·
@adamscochran Some might wonder how many other known leakers sit in national security critical positions?
English
0
1
0
225
Adam Cochran (adamscochran.eth)
Adam Cochran (adamscochran.eth)@adamscochran·
Claiming he was a “known leaker” who was “cut out of briefings” is insane. If that was accurate then why did he still have his job as Director of Counterterrorism Center? You wouldn’t keep a “known leaker” there.
Aishah Hasnie@aishahhasnie

A senior administration official tells FOX, Joe Kent was: -a known leaker and he was cut out of POTUS intelligence briefings months ago. -the WH told DNI Tulsi Gabbard he should be fired for suspected leaks but she never did. -he has not been part of any Iran planning discussions or briefings at all.

English
30
477
4.1K
85K
Bit Cat
Bit Cat@maxibitcat·
@Chris_Hutch7 We're already down bad, it won't make any difference 😝
English
1
0
1
30
Chris Hutchinson 𐤊
Chris Hutchinson 𐤊@Chris_Hutch7·
What’s this #Kaspa thing everyone is talking about? Something to do with desserts or Spanish for dandruff or what? Apparently it’s the best tech since Bitcoin 🤷🏼‍♂️ $KAS
English
15
18
152
3.7K
Bit Cat
Bit Cat@maxibitcat·
@w_s_bitcoin @saylor There will be endless demand to get out of it at some point, as it always happens.
English
0
0
4
406
Wicked
Wicked@w_s_bitcoin·
There's seemingly endless demand for this trade.
Wicked tweet media
English
24
9
218
10.7K

Keşfet

@Vladcostea @fartface2000 @Seb28_7 @dampedspring @BigCheds @jaim3com @SatifyLife @intocryptoverse