billions must run bitaxes in their home

Shitcoining on bitcoin has existed for over a decade and isn't going away. OP_CAT doesn't uniquely enable anything more, its just a scripting proposal that enables covenants and lots of other stuff.

Current bitcoin is moving towards custodians as scaling solutions which is the opposite of what we should be doing. Covenants are a good option for trying to scale this and OP_CAT is probably the most general covenant we could get.

OP_CAT was removed from bitcoin because there was no limits on it, that could have caused DoS vulnerabilites. Bringing it back with a limit (or with GSR) would be great imo. I don't think bitcoin would be dead if satoshi instead added a limit to OP_CAT instead of disabling it.

THIS INDUSTRY IS ABSOLUTELY BRUTAL.

THE TRUTH IS I HAVE BEEN BURNED OUT FOR AT LEAST THREE YEARS NOW BUT THE ONLY REAL OPTION IS TO PUSH FORWARD.

RHR IN FIVE HOURS AT 1800 UTC. 🫡

I hear quite a lot of people say "Do what is best for Bitcoin".

aren't Bitcoin incentives to do what ever is best for you as long as you?

isn't the conflicting interests of the participants of the network what actually keeps it secure?

#asknostr #bitcoin

I get this too right besides "you should behave your age"

People should rather ask themselves "why can a grown up man afford to play computer all day, every day? If he pleases to do so". Perhaps his stack is bigger than theirs?

Sounds good in theory, but vast majority don't use unannounced channels. Ironically it also destroys your plausible deniability *if* caught. You're also still using a transparent base layer to move into and eventually settle on (force close/justice transactions) and most users HODL on the base layer. I think BOLT12 helps a lot with privacy, but there are fundamental issues and natural incentives with LN that I'm not sure you can change that directly or indirectly reduce privacy and sovereignty.

I do agree that offchain transactions, but on an encrypted base layer, is probably ideal for the best possible privacy

When someone says Bitcoin is not crypto, I know they are just parroting something they don't understand.

Bitcoin uses cryptography to create digital currency. It is a cryptocurrency. Saying it's not is like saying air is not gas. Yes, many types of gas are toxic and dangerous.

When people say Bitcoin not crypto as their focus, it's like saying that for example a conference is about air and not the general category of gas. But that does not mean air is not a gas.

Bitcoin not crypto means that whoever says is focusing on this particular one, most of them think that other representatives of this category are junk, but this should not mean denying reality. Bitcoin is a cryptocurrency. Pretty good one, maybe even the best one. But a cryptocurrency.

Looking for cleaner, non-toxic alternatives to:

- toothpaste/toothbrush

- dishwasher tablets

- laundry detergent

- hand soap

- body wash

- shampoo

- deodorant

- shaving cream

- moisturizing cream

- fragrances

(asking for a friend, of course)

Monero will not be enough without meta data protection.

AI that has access to all sorts of meta data (e.g. Microsoft 'Recall') will be able to route around your privacy. Ditch Windows, ditch iOS, ditch Google.

What makes you think LN is fit for the job?

You need much more than a private means of payment.

Graphene + Tor or i2p + your own node as a minimum configuration.

Everything based on proprietary source code or someone else's computer (cloud) or unencrypted IS already compromised.

Monero can only help you so far.

If you ask people "who is the most famous basketball player of all times?" what will they say?

1. Lebron James

2. Michael Jordan

3. _________

#[0] has been running smoothly for 7 years and is easy to use. Closed-source and custodial wallets are so durable.

I still have some sats left on my Mutiny wallet. With the reserve eating up most of it, I might has well zap here until it's empty.

#Bitcoin

current capitulation vs 2020

There's between 100 and 200 (sometimes more and growing) million USD equivalent daily volume for XMR, and that's only on CEXs. We have DEXs, p2p and trade for goods as well.

XMR did dump by 50% to BTC when binance delisted. It has since recovered 50% and is on it's way up still relative to BTC. Binance and other CEXs were trading XMR that didn't exist (nobody should be using a CEX that doesn't publish the viewkeys for their XMR reserves) and then when they delisted they disallowed withdrawals, forcing people to sell for something else. It should not have recovered if the price weren't due to deliberate suppression, yet it's recovering as we speak. i expect it to perform well in the coming years relative to BTC, possibly outperform it.

If you want to buy XMR, kraken is good outside the UK, and there's always Bisq (for BTC) and Haveno (for fiat).