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knutsvanholm
92cbe5861cfc5213dd89f0a6f6084486f85e6f03cfeb70a13f455938116433b8
Mind-dynamite monger

This is my node. There are many like it, but this one is mine.

My node is my best friend. It is my life. I must master it as I must master my life.

Without me, my node is useless. Without my node, I am worthless.

If "institutional adoption" of #bitcoin excites you, you don't understand #bitcoin what #bitcoin is

The #Bitcoin timechain is an open, public ledger that anyone can view at any time. All the data in it can be copied infinitely. No one "owns" the data.

What bitcoiners "own" are private keys, which allow them to move around certain data within the network, namely Satoshis.

This makes Satoshis something more than mere data. Satoshis are a representation of the extent to which a single bitcoiner is allowed (by all other network participants) to alter the network.

All other arbitrary data on the timechain is public and infinitely copiable. No one owns it, and no one ever will.

Buying an "ordinal," or any other data attached to a transaction, is like buying a star in the Andromeda Galaxy. It's there, sure. But it's not "yours" in any practical sense.

Imagine a company shipping grains of rice in boxes.

One day, a charlatan fools some rice consumers into thinking that rice grains are tastier if first painstakingly ordered by their texture, shape, and color before being packed into the boxes and shipped.

As a result of this procedure, every rice consumer now pays a higher price per shipped box. At least as long as the charlatan is still able to fool people.

The major rice shipping companies are still happy because they get paid more per box. As long as people still choose to consume rice instead of something else. The charlatan is very good at scamming people and even dresses up as a wizard to show how magic his new rice-ordering procedure is.

Suddenly, a new rice shipping company enters the market, willing to call out the charlatan's bullshit and start shipping rice the old-fashioned way, without the pointless rice-grain ordering.

They point out that rice will be more popular in general if normal rice consumers aren't forced to pay a premium because of the whims of a scammer.

The charlatan and his followers call this refusal to play along with the scheme "censorship." They claim that ordering the grains is a "technological advancement."

In the end, the wizard and his rice ordering don't age very well, and people start preferring the new shipping company over the old one.

Keep fighting the good fight, nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk

"Freedom of speech is supposed to mean the right of everyone to say whatever he likes. But the neglected question is: where? Where does a man have this right? He certainly does not have it on property on which he is trespassing. In short, he has this right only either on his own property or on the property of someone who has agreed, as a gift or in a rental contract, to allow him on the premises. In fact, there is no such thing as a separate ‘right to free speech’; there is only a man’s property rights: the right to do as he wills with his own or to make voluntary agreements with other property owners." - Murray Rothbard

There is no beckoned zest

Our most provocative episode yet?

Don't miss @Erikcason in-person on the @FootprintShow, premiering RIGHT NOW!

https://youtu.be/mz_zUsQnw4E?si=lh-TKZXGuCxAT1F5

https://void.cat/d/FSCtHUZbzBNKKvj737U1Wk.webp

I recorded a massive 3h30m pod with @MrTimothyAllen of the @freecitiesfound during

@BtcPrague. A real deep dive. Enjoy!

https://fountain.fm/episode/qm4euLm3KXSygQAmTVtS

This classic @primus song made me think of @Breedlove22 today for some reason... 🤔

Looking forward to seeing you in #Prague, Rob!

https://youtu.be/ZzfV3lBOqcc

What happens to the functionality of the spoon after a hard fork

A lot to learn here

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