Not recall, just count to 30, before send

optional 30 second delay on clients?

Philosophical i agree. But the spell check struggle is real. It’s all I can do to maintain the veneer of a literate person.

I love that posts currently can’t be deleted or edited.

More authentic.

The Bitcoin Network (often shortened to Bitcoin, or simply BTC) is the central banking system of the Internet (or internet).

It was created on January 3rd, 2009, when Satoshi Nakamoto mined the first Bitcoin Block, after a series of financial panics (notably the Global Financial Crisis of 2008) led to the desire for a distributed monetary system without central control in order to alleviate financial crises, improve financial inclusion, and enhance human freedom.

Over the years, events such as the Global Financial Crisis in 2008, hyperinflation in emerging markets, tyrannical monetary oversight from authoritarian regimes, and the Covid Inflation in the 2020s have led to the expansion of the value and use of the Bitcoin Network.

The Bitcoin Network is the only monetary system in history to have never transformed its monetary policy, be governed by a network of distributed peers, and issue an instrument bounded to a relationship with energy as opposed to a relationship with a nation-state and/or country.

This gives the Bitcoin Network properties that are unique and also unusual when compared to the Federal Reserve, the Bank of England, the People’s Bank of China, and other Central Banks where monetary policy is centrally controlled, specific entities are given the privilege to inflate the currency, and objectives are centered around a given country’s employment, prices, and interest rates.

I don't agree. A lot of burn-it-down moments were giant steps backwards. Like: The rise of the Nazi Party in Germany. Mao's Great Leap Forward. The Khmer Rouge. The Iranian Revolution, The Cuban Revolution. The Venezuelan Bolivarian Revolution. The Arab Spring. Etc.

Really really really disappointed to see noncustodial services feel pressure to adopt lnurl/lnaddress receive.

It allows the wallet vendor to steal funds, which is obviously pseudo-custodial, and, worse, means we can’t get privacy from blinded paths, you’re still seeing everything.

This is what happens when we don’t carefully consider the technology we’re making a defacto standard. Don’t break bitcoin, please.

gemini and greyscale need to work themselves out. they need to go bankrupt or whatever then bitcoin will get rid of this parasitic drag and after a solution it can go higher. greyscale owns only 1.7% of bitcoin and gemini is highly leveraged. it can be absorbed easily and the market is just anxiously waiting what is happening with these failed speculators before it can reach a new high.

"I came here to send notes and chew bubble gum, and I'm all outta gum."

Huh.. is that why Tom Anderson was my MySpace friend? 🤔

Of course, which is why beach front property increased in value far more than property in less desirable/ countryside locations.

So on a hard money standard the beach front property May decrease in value at a lesser rate than other land.

No way to tell for sure unless we worked it out and the free market priced it

Thank you and I Appreciate the criticism but although land is scarce there is a surplus of land in comparison to demand.

In regards to housing, the supply of houses continues to increase which should allow the cost of the houses to decrease with a hard, inflation resistant money

This was a great article! I have heart about most of the modern adjustments to the COI but I have not read a history that went back to the beginning.

I would nit pick one item. I think the example of the cost of a house is over simplified. Land is a scarce resource so as the population increases I would expect the price to rise even against stable money.

No, I’m not too interested to be honest

Honesty I don’t really think the main point should be about solar, nuclear, whatever. If the energy was still going to be used for something else then it’s zero sum from their point of view. It should be about trapped or very low demand times / locations. Energy that would not have been used otherwise or generation that would not have been economically viable without bitcoin as a base load demand creator. #[2]​ had someone on his show from Texas Blockchain Council(sorry if I butchered the org name) recently that was talking in this area. They did quite put it the way I stated it but was along the same lines.

I think there is a fundamental disagreement that happens between many of us bitcoiners and the stereotypical progressive environmentalist

We think more energy use is good for humanity and essential

They think more energy use is bad for the planet and thus bad for humanity

We have to find the ability to agree on that fundamental principle, and I’m hoping bitcoin mining through renewables, including nuclear, can help folks understand more energy use is a good thing when done in the right way.