Modern problems require modern solutions.

CONFIRMED: #Bitcoin going to a million per coin within the next five years.

all the bitcoin per share trading at huge premiums now will soon be deep discounts. Instead of generating yield with blockfi from the greyscale premium, it just moved to instruments like MSTY and other fiat crap and now treasury penny stocks.

anyway all that can really be done is continue to DCA and withdraw to cold storage. Maybe even shrink the DCA and just blast more money enjoying life.

At least that's what i'm doing 🫡

Alright Americans, show me your guns 🔫

#gunstr

Narrative evolution in the political battle to undermine Bitcoin as a monetary network:

1. There's no such thing as "spam" in Bitcoin. Transactions are either valid or invalid.

2. OK spam exists and it's a problem but it'll get priced out by genuine monetary activity.

3. OK the trend in the opposite direction is clear, but the proposed solution of filtering spam at the mempool level does nothing at all as miners can still include this stuff in blocks regardless. (And despite the fact that spam filtration is something we've always done, it's somehow now "censorship" as of spring 2023).

4. OK filtering actually works extremely well and is basically forcing some BitVM schemes to use fake pubkeys instead of OP_RETURN which - for the sake of *maybe* preventing a few KBs of UTXO bloat a year - we need to aggressively resolve *now* by forcing nodes to relay giant OP_RETURNs by breaking the datacarriersize filter in the hopes that BitVMers use OP_RETURN instead.

5. OK yes, this is total and utter submission to the attempts to optimize Bitcoin for data storage as opposed to monetary activity as per every other meaningless crypto but hey, we are just Bitcoin Core and you can run something else if you don't like it - isn't open source wonderful?!

6. OK if large numbers of Bitcoiners actually start running something other than Core we'll simply ignore the message being sent loudly and clearly - that a growing % of people running nodes have no interest in becoming free relays for spammers and miners and that in a sane world, the default implementation puts the priorities of monetary users above scammers and even miners.

7. OK we will invoke disaster scenarios that must come from spam filtration - centralized mining, bad fee estimation, poor block propagation - combine with other fear tactics about "Knots being maintained by one guy".

8. Respond to all debunking of the above disaster scenarios with simple assertions that those who disagree "occupy something other than reality". Rest on laurels of deeply established trust of Core that it is extremely painful for people to question.

Contrast all this with the "filter-boi" side which have not needed to twist themselves into Knots trying to justify the unjustifiable -

1. Spam filters work, they optimize Bitcoin as a payment network rather than a generic database.

2. If you let filters fall into disrepair or maliciously break them then Bitcoin fails the same way cryptos always do - nodes become an abused and disregarded commons while we pretend we're decentralized.

remember when germany sold 49,858 BTC at $57,900 😂

Everyone acts like there some magical place on earth that’s better than where they are, but it pretty much sucks to live in any country if you truly want to be free.

WHAT DOES NOSTR NEED

Being a Bitcoiner is seeing everyone in your life with a varying degree of a universal disease.

You found the cure for this disease but they think it’s stupid and not worth their time.

A house is not an asset, it’s a liability: endless maintenance, crushing taxes, geographic slavery, and total exposure to one government’s whims. #Bitcoin, on the other hand, is pure freedom: borderless, incorruptible, and truly yours.

Following on from yesterday, I've come to the conclusion that I can't advise people to use #nostr at this time.

The flippant attitude of some towards content which is both illegal and deeply disturbing is scary in its own right.

Telling people 'oh, tough, you just have to be responsible for blocking content you don't like' is not going to wash with normieville. They don't want to be exposed to CP when scrolling.

The gay porn bot was bad enough. This is a level too far.

Until relay operators actively work to remove notes which contain links to images which are so disturbing there can be no serious growth here and there will remain a risk of legal intervention.

Claiming 'yeah but you can't just expect relay operators to do that' is not enough. Nostr.build filters it out. If they can then the relay operators can too.

Sure, there'll be relays which host illegal content and the sick little fuckers that like that will connect to those relays. They can be dealt with by law enforcement. But for general purpose public relays there's no excuse.

European Central Bank wants to use retail savings to “finance EU priorities”. 😡😡😡

Use Bitcoin!