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Matt
c7fe92f80c516c0c54b15e8d256ac07281036d934ea1ff39fb0cd8a0fd677736
Formerly @PortsmouthBTC on The Dead Bird. Used to do some stuff. Finally started doing stuff again. Possibly the only Bitcoiner to have *actually* lost everything in a boating accident. 🟠2013 🟣2023 #photography & #boatlife & #growstr #fishing amd #vibecoding fan and reforming church goer.

Before the end of October I need to stack approx 10kg of gas for the stove and approx 90l bioethonal for heating. I don't suppose any #Bitcoiners sell these sort of products for corn yet?

Beautiful morning 🌞 cup on coffee on deck, temp never dropped below 20 last night so I slept with the hatch open. Thank God I got at least one good night this summer 😆

Replying to Avatar Carl B Menger

Can #Bitcoin 's hard cap of 21 million be changed?

Some #Bitcoin  critics recently claimed that since Bitcoin is nothing but software, the rules of the Bitcoin network can be "easily" changed, especially regarding the 21 million hard cap, since it is "only" two lines of code.

Let’s have a deeper look on how to theoretically change #Bitcoin ‘s 21 million limit 👇

First, developers would have to make a proposal and then write the code to implement this change. There would be a community discussion, which would probably be controversial. If these changes are accepted by the developers, they would be integrated into Bitcoin Core.

Next, the community would have to agree to an activation path to ensure that the network is collectively converted to the new rules.

A change to the supply cap would require a HARD FORK, meaning that all nodes on the network would have to adopt the changes or be forced off the network.

As part of the activation path, both miners and nodes would signal their support for the change, and once a dominant part of the network signals support, the change would be activated.

Nodes and miners that rejected the change would retain the original #Bitcoin  network, and the two networks would compete for market share and hash rate.

And no, this would not be the first hard fork. In fact, #Bitcoin  hard forks are part of history, with Bitcoin Cash being the most recent example.

In response to the Blocksize War, some Bitcoin developers and users decided to initiate a Hard Fork to avoid the associated protocol updates. Bitcoin Cash was the result of this hard fork. It split from the main blockchain in August 2017 when Bitcoin Cash wallets rejected Bitcoin transactions and blocks.

Bitcoin Cash remains the most successful hard fork, having lost more than 90% of its value against #Bitcoin .

I invite all doubters to try to raise #Bitcoin 's 21 million hard cap, because in the end it's all FUD spread by people who either don't know any better or who want to cheat you out of your hard capped #Bitcoin .

Let's imagine a world for a mwnt where we've won and Bitcoin is the defacto global measure of relative value...the governments of the world would work together to craft a narrative and convince the people's that the code can be changed. The majority would role with that change, because...well, since covid we all know why...and Bitcoins hard cap would be increased...sort of.

Because that's where Bitcoiners come in. We'll be the ones left defending the code, the real BTC, while the rest of the world let themselves get dragged through the grinder yet again.

Then, eventually, they'll come back again.

That's how I reckon it'll play out medium term, anyway.

Teachers have long been filthy communists. The amount of times I had to correct the shit they put in my daughter's head. Luckily she frequently shared those thoughts with her teachers and challenged them.

Holy fuck, I just heard a radio advert about cryptocurrency...one of those "if you've been scammed we may be able to help get your money back"...

He found a niche during covid times by speaking eloquently about what we could see happening in front of us. If you send a letter to "the king of Scotland, Stirling", it'd reach him...kind of a running joke where people started addressing letters to him in all sorts of mad ways

Trick as old as time and I fell for it 😆

I only went and bloody zapped myself...

Need MOAR COFFEES ☕☕☕

It's a great day to be alive eh? 🤙🌞🙏

Oh good lord above...I just remembered...

My daughter messaged yesterday, said she wants to come down this weekend...great, says I...

So she then told me her blokes got a week off and it'd be a good chance to meet him...

Cornered.

GM #nostr time for #coffee ☕

Sat here and listened to the latest monologue by Neil Oliver, it's great to have such an eloquent speaker. I'm pretty sure he's a low key #bitcoiner

https://youtu.be/rh_8Wh-CSws?si=f6c0dpQxL0b_F6Wp