Yeah these long, mangled URL's aren't showing for me either. Cleanse your URL after the first .jpg
Geez, apparently, 3000 people vaccinated *for the first time* in the past week in my beloved country. The mind boggles.
Oh I'm no Wasabi fan by any means, just highlighting that the crowd favourite is also somewhat centralised. Glad that is changing.
And the Whirlpool Coordinator?
Sir it is not working, the spam pays
Love how every company is sending dovish messages asking me if I want an earlier debit order "for my convenience", but the bank? Yeah no, hello, GFY, we're debiting you early
I propose a new mining pool, BlockPool, that only mines empty blocks, filtering everyone, so we can have a common enemy.
Not to be confused with Antpool.
Think all this hullabaloo about Samourai, Whirlpool and Ocean Mining "filtering" is pretty immaterial since fees are too high to mix anyway. 🤷🏻♂️
Though I'm always up for more Samouari scrutiny, something about their hard shell smells like a honeypot. And who knows what those Whirlpool coordinators are up to anyway.
#bitcoin
Miners sell what they need to cover, and with the price going up, that's less BTC. They also don't have to liquidate everything. And once you've got your mining setup, your costs are largely fiat constant. The difficulty went up almost 20% since September, so miners will be less likely to get blocks or have the same share, making them less likely to sell until the price has risen enough, or they don't participate at all, and so sell nothing. This also assumes all mining and equipment costs are paid in fiat, which is becoming less and less true.
Wallet of Satoshi Stops Serving Customers in the United States
"We've made the difficult decision to remove our app from the U.S. Apple and Google app stores, and will not serve U.S. customers going forward."
https://www.nobsbitcoin.com/wallet-of-satoshi-stops-serving-us-customers/
Interesting given the recent scrutiny into it's popularity
#Bitcoin is a mess currently. We've got people minting nonsense on-chain that's driving up fees for everyone else, which makes UTXO management and mixing a nonstarter currently. It also prevents people from "taking your Bitcoin off exchanges" as we love to chant. It's hard to explain why fees are high for noobs. Meanwhile we punt lightning which is majority custodial and feels like falls apart in high fee periods, and is not supported with most exchanges globally, which is where most, normal people will want to exchange.
Just seems weird to me we can simultaneously talk up Bitcoin and all it's virtues and look past the fact that a simple transaction is $3 right now and who knows what'll happen to your custodial Lightning wallet. Electronic cash, it is not. Lightning seems like a complex and unstable mess that has to be readjusted every time the wind changes direction, and with Bitcoin is getting more and more complex with each PR to the point that I don't know if I'm running a node that will later play host to some debilitating bug. Those who created it are motivated to keep L1 incentives as is so L2 is always necessary, and oh look, they created L2 as well.
Bitcoin should be as a simple as possible. Less risk of complexity, and bugs, and unexpected edge cases, and accept that, for now, it's a savings technology that's striving to be money. Lightning needs cleansing fire.
CBDC's will be sold as though it's the same/better than Bitcoin, and avoid talking about the 21m cap and those implications about what we have now. Bitcoin will be made out as antivax weirdos who want to use all the world's energy to mine it.
Governments around the world print money out of thin air, then launder, legitimise, and take it back by taxing everything
