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ManyKeys
5143c373df1b548a77d79ec74f27255d129b695b522dfb5bf43498ba4b501df9
Keys, not credos

TheStrat is a price‑action framework by Rob Smith that reduces charts to three candle “scenarios” (1=inside, 2=directional, 3=outside), then trades their combinations with time‑frame continuity and broadening formations for objective entries/exits.

Born from Smith’s decades in markets, TheStrat spread via social media and livestreams, emphasizing alignment across monthly/weekly/daily opens and pattern triggers like 2-1-2, 3-1-2, and 1-2-2 reversals to catch expansions out of consolidation.

Core pillars: time‑frame continuity (FTC), broadening formations, and actionable signals; traders scan for full alignment, set entries above/below prior bar ranges, and target prior highs/lows within the broadening structure.

Why it resonates: rules are clear, indicator‑light, multi‑asset, and community‑driven; it teaches when not to trade (discontinuity) and when to press when FTC and scenario triggers stack in the same direction.

Iconic combos: 2-2 reversal to flip direction, 2-1-2 continuation after an inside pause, 3-1-2 to resolve an outside bar and expand the broadening range; risk is managed against the signal bar with targets at prior pivots.

If ‘freedom’ had a footnote: terms and conditions apply — ceasefire not included. US vetoes Gaza truce while others say yes and aid starvation mounts.

Abolish #statism starting from the permanant members of the UN.

Bitcoin is the result of 40 years of research, development and demand.

Imperatives for a Free-Market Anarchist Society

1. Recognize the principle of absolute self-ownership, securing each person’s control over their body and legitimately acquired property through voluntary exchange, homesteading, or contract.

2. Abolish all forms of coercive taxation and enforced redistribution; only voluntary contributions or contracts should fund goods and services.

3. Uphold and protect private property rights: Individuals and associations can own, use, and transfer property — including productive assets and capital goods — via voluntary means.

4. Enable individuals and local communities to organize and finance public infrastructure (such as roads, security, utilities) on a voluntary, stakeholder basis, so participation reflects actual use and support, not compulsory extraction.

5. Require stakeholder participation and voting rights in any capital venture, infrastructure, or collective enterprise. Voting power is derived from actual invested stake or voluntary membership, not geographic accident or state decree.

6. Foster unhampered free trade — permit the free exchange of goods, services, and capital across borders and boundaries without regulatory barriers, tariffs, or monopolistic restrictions.

7. Secure local security and order via cooperative, private, or neighborhood-based defense and dispute resolution; ensure these entities are accountable to and funded by direct stakeholders, not external authorities.

8. Encourage transparency, open access, and participatory governance in any shared resource or infrastructure, letting direct users decide rules and access policies proportionate to their voluntary contribution or ownership.

9. Affirm freedom of association and secession: any individual or group may exit infrastructural, economic, or security arrangements at any time, taking their stake and property without penalty beyond contractual obligations.

10. Promote capital formation and public goods through bottom-up, opt-in mechanisms — cooperatives, DAOs, private contract pools, or other voluntary, distributed models aligned with technical and cryptoeconomic best practices.

These steps align with a sovereignty-first, open-source, and voluntarily networked approach to social order, property, and mutual provisioning.

Rely on the state, inherit the fate.

There's no fundamental difference in the perception of people when it comes to basic human rights. It's the state indoctrination that later manifests in the perceived polarities of views.

Fuckin bastards. I had the same shit a while ago, Revolut closed my account and didn't even consider my explanation.

Replying to Avatar Super Testnet

> Have you intentionally left out the UTXO bloat part?

I am only aware of one protocol that stores meaningful amounts of data in outputs (Stamps), and they have openly said that they do so in order that the data cannot be pruned. "Inviting" those people specifically to use op_returns -- i.e. the very people who have said they don't want it -- seems like a poor reason to relax the filters. Instead, it seems like it will just invite more op_return spam by people who previously wouldn't have done it at all.

> what about miners taking the junk txs directly from the issuers?

Miners who include privately-submitted transactions in their blocks have a higher orphan rate, because the rest of the network propagates that block more slowly than blocks containing only publicly-known transactions, as nodes have to download/validate the privately-submitted transactions, which were not already in their mempools. The extra time they spend doing so gives that miner's competitors more time to mine/propagate a competing block at the same blockheight. This is part of why private mempools typically charge a higher rate: the extra cost compensates for the risk of losing money through an orphaned block.

Widespread mempool filters thus modify the economic incentives that apply to miners: they can certainly receive filtered transactions via a private mempool service, but their incentive is to make it cost more (which is what we antispam people want), and they may even refuse to do it altogether if it causes too many orphaned blocks. E.g. we saw Mara Pool and CKPool both stop mining subsat transactions because doing so increased their orphan rate too high.

Mara Pool's post on this: https://x.com/PortlandHODL/status/1958520763083825640

CKPool's post on this: https://x.com/ckpooldev/status/1957235824451559746

This is part of why I celebrate more widespread filters. It means spammers are more likely to use private mempools, which raises their costs, and results in more orphans for spam-friendly miners. Both of those are good things that I want to see more of.

Unlike most here with deep tech knowledge, this guy has the rare attribute of giving good reasoning behind his views without being an ass.

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Replying to Avatar Super Testnet

> Have you intentionally left out the UTXO bloat part?

I am only aware of one protocol that stores meaningful amounts of data in outputs (Stamps), and they have openly said that they do so in order that the data cannot be pruned. "Inviting" those people specifically to use op_returns -- i.e. the very people who have said they don't want it -- seems like a poor reason to relax the filters. Instead, it seems like it will just invite more op_return spam by people who previously wouldn't have done it at all.

> what about miners taking the junk txs directly from the issuers?

Miners who include privately-submitted transactions in their blocks have a higher orphan rate, because the rest of the network propagates that block more slowly than blocks containing only publicly-known transactions, as nodes have to download/validate the privately-submitted transactions, which were not already in their mempools. The extra time they spend doing so gives that miner's competitors more time to mine/propagate a competing block at the same blockheight. This is part of why private mempools typically charge a higher rate: the extra cost compensates for the risk of losing money through an orphaned block.

Widespread mempool filters thus modify the economic incentives that apply to miners: they can certainly receive filtered transactions via a private mempool service, but their incentive is to make it cost more (which is what we antispam people want), and they may even refuse to do it altogether if it causes too many orphaned blocks. E.g. we saw Mara Pool and CKPool both stop mining subsat transactions because doing so increased their orphan rate too high.

Mara Pool's post on this: https://x.com/PortlandHODL/status/1958520763083825640

CKPool's post on this: https://x.com/ckpooldev/status/1957235824451559746

This is part of why I celebrate more widespread filters. It means spammers are more likely to use private mempools, which raises their costs, and results in more orphans for spam-friendly miners. Both of those are good things that I want to see more of.

That answer satisfies my curiosity. That's why you're one of my favorite dudes around here. Cheers.

That's a precedent that will only multiply if propagation path remains scarce; meanwhile, junk hype cannot sustain itself by constantly outbidding standard use case. I'm as anti-junk as you but I try to look at things objectively.

Filters provide greedy miners that put profits above Bitcoin's network health an edge — that's the real attack vector worth everyone's attention.

This is like claiming there's no risk/reward. For negligent upside and exceeding risks, they might choose not to. If most chooses not to, the propagation path remains limited, as currently. These are just possible scenarios, you might be correct to bet on human greed.

I understand there's a need to relax the data carrier limits for new use cases but opening it up to the max block size seems like an overshoot. I want to retain the optionality, though I understand that, after block confirmation, my node will end up storing the data that guys like yourself relayed to the miners. It's a catch 22.

Libre relay has been around for ages, you've been running that all this time? I would assume you were on Core

Replying to Avatar jb55

I didn't knots people cared about credentialism, but I guess thats fair. so here are mine.

there are ~1234 contributors to bitcoin. in terms of raw contributions mine would be 188/1234:

https://cdn.jb55.com/s/4104d140cd815d77.txt#:~:text=William%20Casarin

If adam has contributed he must be doing it under a nym since I don't see any commits from him.

my commits: https://cdn.jb55.com/s/8b84ea34bec4caac.txt

I worked on usdt tracing and performance optimizations. I am by no means a frequent contributor, I mainly work on lightning tech.

things I've worked on:

core-lightning: https://cdn.jb55.com/s/283cc3006988b7b4.txt

lnsocket - a C/rust library for talking to lightning network nodes https://github.com/jb55/lnsocket-rs

btcs - a bitcoin toy bitcoin script interpreter https://github.com/jb55/btcs

bitcointap - A tool for tapping into bitcoin-core tracepoints to extract data in realtime:

https://delvingbitcoin.org/t/bitcointap-an-strace-like-tool-for-bitcoin-ebpf-usdt-tracepoints/1694

opentimestamps: i put together the haskell implementation of ots, and built a suite of tools that work with them: https://github.com/jb55/ots-tools

I maintain the "bitcoin" nodejs rpc lib: https://npmrepo.com/bitcoin

I've hacked on HWI and helped with a lot of the bitcoin-nix infrastructure.

I've also been around since 2010 and have a decent understanding how various parts of the codebase work, especially on the script side.

what about you?

Mr. Back's work is in the citations of the whitepaper and Luke got way more credentials, so do the other nackers who are in the top rows. I, unfortunately, only started on this journey in 2017, but I am constantly learning. I try to remain unbiased and wrote about the issue my thoughts. More nuanced approach would be appreciated if you are with the ackers.

Regardless of what you choose, if limits are lifted and people run Core 30, let's say 5% of nodes run the latest version (you can fill up one block with one jpeg) they will relay that tx, and if it gets confirmed by a miner, your node will have it. That's what is meant by "we'll rape your node".

Just don't upgrade to the latest version, run 29.0.0 and set your own limits. Those who will run 30 are responsible for their choices and we can't do much about it except choosing not to run it. That's it.

They are, then, compromised and subverted.

That's a terrible thought in itself. However, still totally plausible with the current unfolding of events. Especially, with today's leadership in many countries. Abolish statism and all that comes with it.

This will just increase grey/black market flows, p2p txs are to be between like-minded plebs that will not differentiate coins based on where they have been, no?

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We're witnessing the biggest systematic genocide in modern history and people act like it doesn't concern them cause "it's not my country" or some other stupid shit like that.

Human suffering is human suffering — it matters not where it is happening and who is the transgressor.

Predictable dilution is still dilution, it just comes with a calendar invite. Calling it “not inflation” because it’s steady is like claiming rain doesn’t get you wet if it’s in the forecast.

Monero’s fixed emission shields against fee uncertainty, but every new coin still chips away at existing holders’ share. That’s a tradeoff, not a free lunch, and dressing it up as “sustainable” doesn’t change the arithmetic.

Both models make bets: one on trust in economic incentives, the other on perpetual issuance. Let’s just call dilution what it is, even if it arrives right on schedule.