I listened to your podcast Guy, and I understand your perspective, but I’m in the camp that a valid Bitcoin transaction is a valid Bitcoin transaction. If people want to make transactions which seem silly to us non-shitcoiners, that is well within their right. And it’s probably a great net benefit for security and scaling.

It's not about whether it's "in their right" or not. The content of the chain is not arbitrary or something that is divine as long as its natural and pays a fee. Ultimately this is software and an open, adversarial network that needs to be robust. DoS and spam are the ultimate issue of all open networks.

If someone figured out a way to make 1,000,000 unspendable UTXOs in a single transaction or just a handful of blocks are were happily willing to pay those fees while creating a huge, immediate jump in the amount of RAM every node had to have to stay in sync, despite not a single one of them having any monetary use or relation whatsoever, would you consider that "valid" and perfectly fine? If you did, then I would argue that you and I disagree on both the purpose and engineering concerns of the network.

Bitcoin is like a giant, trustless clock, that has no alternative. To stamp a bunch of bullshit images and shitcoins into it is like grabbing a precious time keeping device and using it to hammer a nail. Its dumb, doesn't even work very well, and is directly at odds with why the device is so valuable in the first place. This is *not* about who is willing to pay a fee, this is about the purpose of the network and whether the bloat of data is at odds with the very fundamental value that #Bitcoin provides. This is about the tragedy of the commons putting costs on those who maintain the network, by people who don't even give a shit about the value that the network provides.

sending my mom bitcoin to pay for her healthcare in argentina

6 months ago: 100,000 pesos

3 months ago: 140,000 pesos

today: 180,000 pesos

when I was in high school, 1 peso = 1 USD

to me this sounds as ridiculous as if you had to pay $180,000/mo for healthcare

don't worry, you'll likely experience that too

Teotihuacán is Proof of Work. ❤️🇲🇽

Good morning! Such a gorgeous view!

💡 Send you a Dm 🫂💜

#[0]​ #[1]​ do you have a name that you would recommend for the main character in my sons children’s book about #nostr and #bitcoin?

nostr:note1xcy6uutpfvxt3eah8sjl3y33qd4kysrnf4jhf6uzpj66cmtw03yqhgrn8t

A little hectic. Still havent found stable work but im enjoying the freedom. Hell ive been able to open a DAW and work on tunes again. Its been like ~6 months since ive done more than just listen to old projects.

Which one ?

👋