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🦑 ✨ * bitcoin * ✨ 🦑
Replying to Avatar FactChecker

wtf???

Pippi Longstocking showed us the way.

Astrid Lindgren, a woman whose tax rate hit an absurd 102% (yep, over 100%), once penned a satirical takedown exposing the obvious theft of progressive taxation, which actually led to a rewrite of the absurd tax laws.

One of the main reasons for this absurd tax bill (aside from the regular old Jante-Law-type Swedish envy) was the enormous success of her most beloved book character, Pippi Longstocking.

Pippi is the ultimate fearless anarcho-capitalist icon, embodying self-ownership, voluntaryism, and resilience against institutional overreach.

Born to a seafaring pirate king (her birthright as heir to adventure and independence), she inherits a chest brimming with sound money gold coins. No fiat funny paper for Pippi. Only hard assets that can't be inflated away by central banks.

Using her cunning and raw physical strength alone, Pippi fiercely defends her property, Villa Villekulla, against would-be attackers, such as nosy neighbors or bumbling cops trying to "civilize" her, on a daily basis.

Pippi spits on authority at every turn, refusing public schooling and politely telling the people who want to put her in an orphanage to go f themselves. She educates herself through real-world exploits, trading stories and skills voluntarily with her normie friends, Tommy and Annika.

Always taking matters into her own hands, she barters, explores, and innovates without permits or regulations. She never initiates force, yet she’s never afraid to defend her inherent right to be left alone.

Her unlicensed pet monkey and horse are her sovereign companions.

She's an agorist living completely off-grid, and a one-girl revolution ready to debunk the involuntary nature of statist bullshit at every turn.

In conformist Sweden, where fitting in is held in higher regard than anything else, and folks avoid conflict like the plague, Pippi is the ultimate anomaly. She flips the script on passive obedience, inspiring kids and adults alike to question all rules to this day.

No wonder she’s popular there...

I read Pippi Longstocking to my kids when they were around 10 & 8. It was the perfect age and they were utterly spellbound. Then we watched the entire Swedish TV version on some pirate website I found 😅 I never thought of the story in this context (anarchist, anti-state). Also, the gold coins! Fascinating!

Replying to Avatar MrMDM

Cunt

Fucking infuriating

Yes, to create the North American technate

🤯 where do you live???!!!

Somehow my last substack article has gotten a lot of traction compared to my other articles.

So far the only other article that's close to it is "How Bitcoin's developers are attacking its Sovereign/Monetary use" ( https://controlplanecapital.com/p/how-bitcoins-developers-are-attacking-2a5 ).

I was going to write the "What made me sell most of my Bitcoin a few months ago" article first, but decided to write it last to be able to interlink and provide more context.

I have moved onto researching other things and have gone full fiat — building price predictions models for Bitcoin and a few companies.

But looking back, this was always going to happen.

nostr:nevent1qvzqqqqqqypzqvtw30knexxgwasss0qwafnz68hdx6u25xwpclsz4750ez46qpx2qyvhwumn8ghj7mrfva58gmnfdenhyetvv9ujucm0d5hszrnhwden5te0dehhxtnvdakz7qpqeqdnpznkvcr94t7p9ejh2cmg8lf68v4g76j6w9kl2gpedlyhhapsfyve67

Good article, interesting to see your thought process. I'm about 20% btc. Comfortable with that

What's really going on with bitcoin, Citrea & Peter Theil 🤔

OK but what does that say about Adam Back??? I thought he was one of the good guys 😔

Replying to Avatar Tauri

I see way too many people on Nostr that are still confused about the Core vs Knots debate. This is a tl;dr for them. If a longer explanation is needed, they should go over the website below.

tl;dr:

SegWit introduced the witness discount, that ended up making junk data up to 75% cheaper, which opened the door for arbitrary data-carrying transactions to directly compete with monetary transactions for blockspace. In practice, that ended up being an unintended de facto subsidy for spam.

Taproot then provided a way for inscriptions to sidestep the old datacarriersize filter, which is why the UTXO set exploded from around 4 GB in 2023 to nearly 12 GB by 2025, putting real strain on low-end node hardware.

Meanwhile, the Core devs’ reaction has been pathetic — hand-waving it away for two whole years as “free market dynamics” or saying that fixing the exploit is considered “controversial”. At the same time they did a stealth documentation change to pretend the broken filter is “working as intended”. nostr:nprofile1qqs8ha7ms0mny284ma46xjzf72hel42t74jmtttf3trssfymxyq8ngqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3gamnwvaz7tmwdaehgu3wdau8gu3wv3jhv72x8mv caught them red handed, but instead of apologising for hiding it, they claimed that changing the documentation is a valid way for fixing bugs.

Now they’re doubling down their efforts “to fight spam” they willingly allowed by gutting another spam filter (OP_RETURN) that has worked for 11 years, and helped keep 99.9% of all OP_RETURNs at or under 80 bytes. Larger payloads were possible, but never at the absurd size of 100 KB in a single output.

Core v30, due in early October, will raise the default limit to 100 KB (an 1200x increase), which makes it trivial to upload entire malware files or worse straight into the chain. This isn’t hypothetical — when BSV made the same change in 2019, it was immediately hit with child p[]rn.

The legal and practical fallout for Bitcoin node operators, especially those on cloud infrastructure, hasn’t even begun to be fully grasped.

All these absurd and rushed decisions raise the obvious questions: why push this change through despite massive pushback; who stands to profit from it; and why are the real risks of this happening being ignored or swept under the rug?

https://wtfhappenedinfeb2023.com

So is Adam Back a bad actor???

Why nonfat? The fat is good for you

Why do I have to give all this personal information to activate my wallet? I thought nostr was gonna be different ...