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Government is the only sector where you get paid more the worse you perform

The Fraternal Order of Police, the largest law enforcement organization in the United States with over 382,000 members, is opposing a key provision of the CLARITY Act. In a letter to Senate Banking Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, FOP National President Patrick Yoes said the organization "strongly opposes" Section 604 of the bill, which would exempt non-controlling developers and providers from being classified as money transmitting businesses. The FOP argues this change would "strip prosecutors and law enforcement of the statutes used to track and take down criminals using digital assets to commit crimes" and would make it "even easier" for criminal organizations to profit from illegal activity. This is exactly the provision that matters most for open-source developers. The same section the FOP wants removed is the one that would protect developers from being prosecuted for what their users do with their software. Without it, building privacy tools, non-custodial wallets, or mixing software could make a developer criminally liable under money transmission laws, regardless of whether they ever touched a user's funds. The FOP says it supports the right to trade digital assets. It just wants to make sure law enforcement keeps the ability to prosecute the people who build the tools those assets move through. That distinction is the entire fight.

Your favorite all in one inflation index has a price update. Same ribeye at the same store is up 6.2% since June, now $34.49/lb. 19% annualized. Since the prior update in 2024, compound annual inflation is 12.6%. Cumulative 72.5% increase since 2020. Bitcoin is the only way out!

You may not agree with BIP-110. You may decide not to run it. And you may have good reasons for holding off on it. Personally, I run Knots without BIP-110. But the mere existence of this BIP is enough to frighten many scammers away. And that is a wonderful thing. Sats are fungible. Ordinals are not. Thus, ordinals are a scam that do little more than extract wealth from naïves while bloating the timechain.