With respect , . It doesn’t seem like JPEGs on the blockchain would be the same as scribbling on a dollar. I’m new to this yet my understanding is it becomes permanent on the blockchain? Messing up a body with toxins seems counter intuitive to me💫

I think JPEGs on the timechain are stupid.

But the idea that they're going to hurt Bitcoin seems so weak to me. Like the US dollar can withstand people scribbling on it but Bitcoin can't?

In fact, the idea of Bitcoin as a glorious digital monument with some graffiti scribbled on it represents humanity pretty well. That's kind of us in a nutshell. Seems on-brand. Perfectionists trying to keep their little gardens tidy while trolls come in and find ways to mess with them anyway.

NFTs and memecoins already had their peak fad moments. People now know that they're non-scarce gambling toys rather than investments. It's just echoes of that peak now. The only thing that concerned me about the ordinals/runes period was the rapid UTXO bloat, not the blockspace usage, since the latter already has a consensus limit on it.

And if Bitcoin transactions can't outprice JPEGs in the long run, then it's just not that valuable. Bitcoin currently does about 1% of the gross settlement volume of Fedwire. That's peanuts. Imagine if it reaches a point where it does even like 10% of Fedwire. What would you pay to move a full bitcoin globally, permissionlessly, in 10 minutes, in a world where it's no longer a niche thing?

Timechain info:

Block height: 898,189

Network difficulty: 121.66T

Next difficulty adjustment(est.): 121.64T

Market dominance %: 60.19%

BTC price per 1K sats($): 1.09

24H median transaction fee($): 0.54

#meme #memes #btc #nostr #plebchain #memestr #pleb #laugh #funny #jokes #primal #serioushumour

Title: Lab grown brain organoids learned to play video games on their own, no code, no training, just self organized intelligence

The best memes just take some aspect of the truth and amplify it, and that’s why “sats” have already won this debate. Reality/truth is that sats have been universally adopted already within the bitcoin ecosystem, and so any debate from the other side is only theoretical until they show actual cultural relevance and adoption. Not happening.

Grass-fed meat 🤨 Excuse my ignorance, but what do cattle eat in the US? I've never seen a bull or a cow eat anything other than grass.

xAI is the company, Grok is its ai. So not quite. :)

Ray writes all these books because wants to have sex with computers

I just created an account on a new social networking platform today. I did it because I heard about it on the internet, no one I knew invited me. When I joined I was presented with a feed of a bunch of random posts from random people talking about topics that didn't interest me.

Was that platform called "Nostr"?

Or is that the default expected experience of any person who joins a new social network just for experimenting it?

When I was a kid, an older relative had this big rubber band ball, about the size of a softball, and I thought it was so cool, that I started my own rubber band ball.

So for years, I had this subplot of adding to my rubber band ball. It eventually became bigger than a basketball, and extremely heavy since it was dense rubber. Only unusually large rubber bands could go on it, and so tracking down hyper-sized rubber bands became a task in its own right (this was largely pre-ecommerce, 1990s, thus shopping was like hunting and gathering rather than searching and clicking). Various relatives would surprise me with like $5 packs of specialized rubber bands that they happened to run into and for me that was like an A+ gift.

I try to always focus on rekindling and/or being open to that basic sense of wonder and joy in things. A kid and her large rubber bands.

Anyway, happy Sunday.