Avatar
Junghwan
6c1a7984267f31c71761085a91cfd74a8310286e915c2f1a0f2638092567f6a4
A Bitcoiner
Replying to Avatar Braden Lee

₿itcoin has so many personal cycles you have to go through.

First you spend your time checking the charts every minute after your first purchase. It drops and you wonder if you’ve done the right thing.

Second you give yourself price guides “when it gets to this number I can buy this or that”

Third you decide to study a bit so you read arguably the most important books nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgcwaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmq3v5m00 “The Price Of Tomorrow” nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv “The Big Print”

nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgq36amnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46qwvx80j “The Bitcoin Standard” and you think you’ve got it now.

Fourth you buy more ₿itcoin because you think you’ve finally got “it”.

Fifth you watch the volatility in fiat and you have conviction but flick mentally between the fiat price and what you can do with it and the offering of freedom.

Then……something shifts, ₿itcoin forces you to look inside yourself and you see yourself for the first time. Which in turn reveals what ₿itcoin has been trying to show you all along.

This isn’t just a financial shift this is a once in a lifetime upgrade for the human species through the lense of ₿itcoin. But ultimately through the lense of discovering you for the very first time in your life.

That’s where the freedom comes from.

It was always spiritual, the change was always coming and it is beautiful.

It’s all love.

👁️🧬🪬💗🧘

yes

March 2020 was when my life started to change with Bitcoin stacking

70k first for 90% sure. After hitting the bottom around September 2026 when the soft fork will be done, the bull will start again.

https://youtu.be/VWE30PxRCxg

CHAPTERS:

00:00:00 - Bitcoin Price Anomalies

00:02:00 - Community Fatigue and Internal Conflicts

00:03:30 - Core vs. Knots Debate

00:06:30 - Understanding Bitcoin Core and Its Updates

00:09:00 - Philosophical Implications of Core v30

00:11:00 - The Future of Bitcoin and Its Neutrality

00:15:00 - The Growing Divide in the Bitcoin Community

00:17:00 - Concerns Over Consensus and Future Changes

00:20:00 - The Freeze-It Camp and Stability

00:21:30 - The Bigger Picture: Bitcoin's Purpose

00:25:00 - Call to Action for Bitcoiners

00:26:30 - Cultural Implications of Bitcoin Development

read “The Fiat Standard” nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgq3gamnwvaz7tmjv4kxz7fwdehhxarj9e3xw02ehw8 which is my economic textbook

Replying to Avatar Tauri

I see way too many people on Nostr that are still confused about the Core vs Knots debate. This is a tl;dr for them. If a longer explanation is needed, they should go over the website below.

tl;dr:

SegWit introduced the witness discount, that ended up making junk data up to 75% cheaper, which opened the door for arbitrary data-carrying transactions to directly compete with monetary transactions for blockspace. In practice, that ended up being an unintended de facto subsidy for spam.

Taproot then provided a way for inscriptions to sidestep the old datacarriersize filter, which is why the UTXO set exploded from around 4 GB in 2023 to nearly 12 GB by 2025, putting real strain on low-end node hardware.

Meanwhile, the Core devs’ reaction has been pathetic — hand-waving it away for two whole years as “free market dynamics” or saying that fixing the exploit is considered “controversial”. At the same time they did a stealth documentation change to pretend the broken filter is “working as intended”. nostr:nprofile1qqs8ha7ms0mny284ma46xjzf72hel42t74jmtttf3trssfymxyq8ngqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3gamnwvaz7tmwdaehgu3wdau8gu3wv3jhv72x8mv caught them red handed, but instead of apologising for hiding it, they claimed that changing the documentation is a valid way for fixing bugs.

Now they’re doubling down their efforts “to fight spam” they willingly allowed by gutting another spam filter (OP_RETURN) that has worked for 11 years, and helped keep 99.9% of all OP_RETURNs at or under 80 bytes. Larger payloads were possible, but never at the absurd size of 100 KB in a single output.

Core v30, due in early October, will raise the default limit to 100 KB (an 1200x increase), which makes it trivial to upload entire malware files or worse straight into the chain. This isn’t hypothetical — when BSV made the same change in 2019, it was immediately hit with child p[]rn.

The legal and practical fallout for Bitcoin node operators, especially those on cloud infrastructure, hasn’t even begun to be fully grasped.

All these absurd and rushed decisions raise the obvious questions: why push this change through despite massive pushback; who stands to profit from it; and why are the real risks of this happening being ignored or swept under the rug?

https://wtfhappenedinfeb2023.com

Good summary ✌️