i would like to see bitcoin become global freedom money
this is the ideal outcome for my family
from that perspective, leveraged bitcoin stocks are at best a distraction and at worst a way to enrich insiders at the expense of retail
that said, i respect that people can focus their time on what they want
The treasury companies are just noise.
Continue building, stack and be humble.
đŤĄđ§Ą
The least-bad case for them is that they redirect money from fools who think they are too late for Bitcoin away from shitcoins. Then again, there is a case for saying stonks are shitcoins.
at best bitcoin companies make real world value, unfortunately most (if not all) treasury companies donât really
I think high-performance people are always looking for an edge, another step up, another slightly better way.
Sometimes you figure out what's best by realizing you had it at one time but dropped it for greener pastures that weren't greener in the end.
I think they'll all wind up back on Bitcoin eventually. Until then, I'll take advantage of the price drops to get more. Then I'll thank them for pumping my bags when they return.
You realize normies and gold bugs say the same about Bitcoin, right?
Everyone thinks their thesis is the right one, otherwise they wouldnât have it.
Oh yeah they do. No doubt.
There's a quote from Robert Duvall in "Seven Days in Utopia (2011)":
"I need to know why you do the things you do. Find some conviction. See, out there on the tour, everybodyâs got an opinionâyour caddy, your fans, your sponsors, your momma, your daddy. When things go bad, and they will, if you donât have conviction, youâll start listening to all those voices. Youâll lose your way."
I know why I'm in Bitcoin, so I sleep well through the noise. I think we all wind up in Bitcoin because we put it head to head with everything else, and it's the one and only.
"Well said! Many will still realize that Bitcoin is the most solid foundation. Those who understand it are stacking while there's still time."
Been awfully quiet about what v30 means for freedom money if thatâs your ideal outcome. Hard to be sovereign when it means you have to host and distribute CSAM.
In fact he tried to mute the discussion. nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx is another influencer whoâs sus. The influencers are part of the propaganda machine imho.
I definitely would have expected him to have more to say about the situation, but everything Iâve seem is vague and not directly addressing any claims or picking a side, which is odd because he has no problem speaking up about other stuff like Saylorâs opinion about dev funding
Agree. It is interesting to watch some of the other influencers like nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u, nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs , nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc etc initially trying to mute the discussion at a minimum saying itâs silly or stupid or being completely quiet about it. And of course Adam beck has huge conflict of interest. Etc.
i have spoken about this an exhausting amount
you literally responded to my post about this two days ago
Yeah you have made vague comments about the situation.
Working to bring about a third option at some point in the future (which I support) is not the same about speaking up about what is actively happening now.
Saying youâre frustrated with both sides adds nothing to the conversation.
It actually adds to the discussion. It shows there is third side (most of the people) who think both sides of this debate are stupid.
Your desire to see everyone clearly aligned with one of two sides shows your brain damage from too much exposure to modern US politics.
BrotherâŚ.. just say you havenât been paying attention and therefore donât have strong opinions on the matter.
There are only 2 sides. Side 1 supports what core is doing. Side 2 does not support what core is doing. Itâs not rocket science. You can make a decision without hitching yourself to knots.
I donât have a âdesireâ to see everyone pick a side. Only those whose opinions matter and can make a difference.
I have been paying too much attention .. Hours of podcasts and discussions here ...
I will probably just run core 29 just to humble those blue haired core devs.
But that's it. Apart from this signaling it does not matter what mempool policy I or anybody else (except mining pools, which are like 10 entities) runs on their node.
100kB OP_RETURN is consensus.
And it does not even make sense to use it for spam since ordinals use witness data which is cheaper and has no limit (whole block can be 1 jpeg)
Running v29 forever is not a solution
Hosting and distributing 100kb of contiguous CSAM blobs is a real and obvious risk
Running a node will become a liability
So much for sovereign money and not trusting third parties
Did you see this exchange?
Yes. I actually agree with his point.
He is not sus. Just the discussion does not make sense.
Mem pool policy does not in reality prevent sb from uploading whatever he wants to OP_RETURN. That is the fact. If I wanted to add 100kB csam there, I could do it now.
It does not really matter what default value is in core 30 config, because miners are running custom configs anyway (like sub sat per vbyte fees).
But you will not believe me, because you have some influencers telling you this is extremely important. It is not. It is of average importance at most.
If it doesnât matter, why change it? The âthey are already doing it, so weâll just make it easierâ argument âŚ.But in reality, it does matter.
I don't want to be unnecessarily disrespectful but this discussion has metastasized way out of proportion.
Anyone can mine 100kB OP_RETIRN currently. Spammers are mining 4MB jpegs in witness data with witness discount.
Apart from Luke's convoluted logic on "misinterpretation of data" there is no difference between csam in OP_RETURN or OP_FALSE (ordinals).
What's this stupid obsession with CSAM?
You mean the very obvious risk that will make it a legal and moral liability to run a node?
Some of us would like to be sovereign without risking going to jail.
It won't though. People are just using that as a weak excuse.
Thatâs wishful thinking
Is it illegal to run a Tor node? Because that's where all the CSAM is.
One can be antispam and pro do nothing
Yes, thatâs the knots side
And everyone who is just not going to run core 30. I'm not going to run knots or upgrade core.
True freedom of choice exists even when the options before us are deceptive or fraudulent. Freedom means having the right to decide for yourself, even when the choices are neither fair nor sensible. It is in these moments that the responsibility and power of decision-making truly rest in the hands of the individual, not merely in selecting what is safe or correct.
Retail only gets hurt when they try to out trade the insider. If retail just buys and holds, they donât usually get hurt. Same for stocks.
Totally agree â Bitcoin as freedom money is the true mission. We need to stay focused on decentralization and long-term value, not short-term gains for insiders.
Hey ODELL, Iâm new on Nostr and loving the community so far! Any tips or support to help grow my account would mean a lot. Thanks in advance!
These stocks are the best way to exploit the Cantillon Effect, but the Cantillon Effect is the problem.
True. same same.
BUT.
if youâre not playing by the rules of the network providedâŚ
youâre not giving the best to your family.
Which means you might just fail them.
I know.
Truth hurts.
This game ainât built for everyone to win.
Who are the insiders? Whales?
Agree. It's interesting seeing which "trusted individuals" will sell out for a few / million dollars.
> i would like to see bitcoin become global freedom money
wishful thinking now considered adult
This is the drum Iâve been beating.
I think this dream is greatly hindered by the fact that Bitcoin is still largely valued through and therefore manipulated by fiat.
I think Bitcoin wins in the end. But we may have to endure another 100yr monetary cycle of the same fiat bullshit.
My thesis is that if we can break the way we âvalueâ Bitcoin and other things in the world then maybe we can avoid another cycle during our lifetime.
I posted this on one of RhR livestreams but will post it again here:
Energy Value Pricing
https://cdn.satellite.earth/0d1b3b663db7716c4645edd59809d8cc7e0e7e5b2c56e02bc84fc11dc352e78e.pdf
I think we can use âEnergyâ to value things.
Now because of Bitcoin, we can find price based off the energy it takes to make things.
I developed a formula for how to do this and would love to share it with you.
You and Marty are fighting for the true heart of Bitcoin as freedom money.
I am too. This is one of the tools I think we need to get there.
Otherwise Paper Bitcoin, Treasury Companies and Central Banks are just going to drag us through another round of manipulation and FUD in order to exert control over money.
We have to build and make Bitcoin unstoppable.
THIS will do that if it can take root.
Please take a look and letâs figure out a way to make this reality
