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thingtank
9ef9b55d7ae01054fddbf471c8f67df815789ad52c49255f624fe93fdd637c88
Running Damus. Paul Ehrlich denier. Bitcion. 🥩 > stake

#[0]​, I like that you upped the limits on Cashapp just as bitcoin is below 20k. Perfect timing. Thank you!

So, Biden wants a 30% tax on electricity used in PoW mining.

If nothing else, it showed everyone the potential of taproot. There are fascinating possibilities, for sure.

I read an interesting idea: rollups (ala taproot) used as a test bed for changes to the code. Sure, there’s testnet, but testnet never actually interacts with the Bitcoin incentive system. The unintended consequences of a change the code are difficult to predict, and not fully tested in testnet. So, if you encode a bitcoin virtual machine in taproot and add a possible change to the code, you can see how the market adapts to the change (if at all). Interesting if that could be pulled off.

From what I have seen 3-6 months for this lawsuit to be resolved. Then, there are 2 lawsuits attempting to force redemptions (1 confirmed, 1 likely).

It was due to the opening arguments for the SEC case. The judges were asking pointed questions regarding the BTC futures and spot prices. How they move in tandem. It’s just the opening arguments, so a lot can change. That is the crux of Grayscale’s case, though. It’s looking more likely than not imo.

Damn, that #GBTC case. It is looking like Grayscale might actually win. Wen ETF? 3-6 months.

I’m cautiously optimistic. IOW, I haven’t started looking on Zillow…yet.

So a “defi” Eth protocol is updated to steal back previously stolen eth.

How do they get away with calling something decentralized when one entity controls the funds?

It decentralization theater all the way down.

Zap maxis opinion on likes:

I like my “following” feed. Universe (global) can be good at times. But, why not a zapped feed, #[0] ?

We can see the posts that are earning the most zaps.

Bet it would lead to new bitcoiners, too.

So Elon pulls his Tesla engineers to Twitter to make Twitter coins. Meanwhile, the leftover Tesla engineers decide to push a software update while I’m freaking driving. Who forces a car update while people are driving?

Would you + @calle do a nostrplebs spaces? Curious about this.

Wow. This is so cool. A relay that broadcasts posts to other known relays. There are so many cool ways that people could use this:

#[0]

I orange pilled my nephews for Christmas. They’re 13 and 16. They thought it was so cool I was able to send them something with value while I was 500 miles away. They don’t even have a bank account, so they were so amazed that they had such simple access to a “savings technology”. Since that time, they saw the value increase by about 33%, which has probably hooked them. The next step is to set them up with the necessary equipment to run a nostr relay. It will be a summer project for them. Looking forward to it.

I didn’t see anything immediate on google to share a link, but I have seen a few posts regarding a pdf inscription that has executable code. I saw another post saying that they were viewing ordinals and the site asked for permission to use the camera. That was enough for me to avoid going too much deeper into viewing the ordinals.

So far, he hasn’t made a compelling case. If someone could make a compelling case against ordinals, I am confident the community would coalesce and agree to a change. There’s just no reason to do anything. Especially because the market will resolve this when blocks become more crowded.