My latest theory is that he is taking a page from Peter Schiff's book and eventually he will be more famous for dismissing and continuing to dismiss bitcoin than for his economic ideas.

To be honest, this is technically not true. Bitcoin's state updates on average every 10 minutes when someone claims to have found a valid block, but it is really audited 24/7, 365.

Remember that even though active running nodes receive and validate blocks when they receive them, typically 10 minutes apart, they are also pre-validating transactions in the mempool so that they can validate the blocks faster and there are always people spinning up new nodes that will start auditing from scratch, but they don't wait for the next new block to get started. Also different nodes get the message at slightly different times, so all of these things mean that Bitcoin's auditing history is just all the time, no breaks, Bitcoin is our work horse.

Specifically Ben's post, not the bolt 12 thing specifically. I don't know enough about that to comment.

Maybe I'm being dramatic, but this sounds dire.

Especially if it can reduce sender privacy 🤯😥

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I believe he has recently become popular. The issue is that he understands so much of the problem and he is right about a lot of things, but he shuts himself off when it comes to Bitcoin.

He has some allergic reaction to it and at this point I think he has been told many times to look at it seriously and he just won't. It's clear that he thinks he knows all that he needs to. He even made a hit piece about it where not a single thing was correct.

It feels stupid to us: this guy cries about the issue and wants to fight against it through politics and financial literacy: socialism and running faster up an avalanche.

We just see the opt out button, so it feels so obvious to us that this is the way, but he is so stuck on his treadmill that he won't entertain the idea that he could try to learn why smart people are pro Bitcoin despite his personal beliefs.

Gotta be ego.

Ordinals rely on satoshis being non-fungible and trackable. So yes, ordinals break when you consider that:

1. Someone can swap a bunch of sats for some other bunch of sats just as easily as we can swap dollar bills and pretend that nothing happened.

2. A Bitcoin transaction can pay a bill in the first output and return change in the second, but it can so return change in the first and pay on the second.

With the existence of coin swaps, coin joins, lightning payments, pretty much anything that isn't "ordinal compatible", ordinals break.

This is why they are so dangerous: they encourage "the people" to settle on invisible limitations so that the rest of us can be othered and then labelled as insignificant, abnormal and criminal.

This isn't even silly or funny or stupid. This is horrifying and disgusting.

Many many many levels of horror and disgust.

RIP.

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One more o won't make a difference will it?

If he's talking about chemtrails, they are everywhere.

This is why Trump won. Regardless of what you think of the guy, everyone was hurting and asking why.

Democrats pretended that nothing was wrong and that they could paper over it.

This administration is addressing the issue head on. We already know what the issue is, but the government refused to acknowledge it so the people elected the person who listened and was prepared to look into it.

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So they still adhere to the Kensian lies that the PEOPLE cause inflation?

It didn't hit my Twitter, Reddit or Bitdevs UK at the time. 😮‍💨

I am just surprised because so many, including myself have celebrated the fact that the public key is protected behind a hash. I'm surprised that this decision didn't cause controversy in the space in itself.

Someone who is not afraid to dive deep and learn all the things... And who probably already has a lot of knowledge already because this is their personality.

A power user using Windows knows all the shortcut commands and can look like a computer hacker to the average observer when they are just browsing the web but never have to touch the mouse for example.

Wait what?

> It should be noted that Taproot outputs are vulnerable in that they encode a 32-byte x-only public key, from which a full public key can be reconstructed.

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And so it continues...

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The premise of your answer (as I read it) implies that if you push until you slip (failure) you will have applied less pressure on ice than on gravel.

A boost is like an invisible meta note. It links to the original note but has a new published date time and author so it is likely to be seen by more people as a result.

A quote post is just your own note with the quoted post embedded within it.

Where is the requirement for a person to push until failure?

Assuming that the ground is ice.......... The sphere.

Yes you can. But Primal is designed first and foremost for the newcomer so it offers a "traditional" type of wallet first.

If you are a power user, skip this and later go add your own lightning address to your profile.

We don't need forever data on the blockchain. Not for every GM, every typo, and every drunken text.

We just need the last few months of data and then CERTAIN posts can be backed up to a blockchain if needed.

Also, regarding... No one has figured out how to destroy a blockchain, that is technically untrue. This type of data storage on a blockchain will lead to a core problem: it requires big servers to run a node and keep the system going.

Over time, it will centralise into just a few hands and then it only takes one of two things to destroy a blockchain:

1. Regulate/threaten/arrest the server maintainers. (Who will pick it back up if it costs too much to do it?)

2. Make it uneconomical to run a node, even for them and they will just shut it down.

Just because it hasn't happened yet, doesn't mean it isn't going in that trajectory.

Finally, blockchains need tokens, and those tokens need to be monetised. I don't know one that doesn't do that. We don't need that for social media.