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Bitcoin Wizard πŸ§™πŸ»β€β™‚οΈ
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It reminds me of illegal migration and tightening the laws due to the problems it causes instead of addressing the root issue

Replying to Avatar Peter Todd

https://petertodd.org/2024/covenant-dependent-layer-2-review

β€œSoft-Fork/Covenant Dependent Layer 2 Review”

I've finally published my big article sponsored by Fulgur Ventures, analyzing all the main covenant proposals, and the L2 proposals that would use them.

tl;dr: Ark is pretty cool, and CTV is a good way to get it.

"Fulgur Ventures is a venture capital firm that focuses on investing in Bitcoin-related technologies and companies."

The company got exactly the result it ordered

I certainly hope so, at least here on Nostr πŸ˜…

It could also be time travelers or beings from another dimension. Are you more inclined towards this theory?

Peter Todd likes the idea of CTV but i think the risks outweigh the potential gains at this point:

With CTV, users could establish specific rules for the use of Bitcoins, which in extreme cases could lead to 'programmable money.' This could attract regulatory attention, as authorities might view such developments as a means of circumventing regulations or controlling the flow of money.

Any significant change to the Bitcoin protocol carries the risk of unforeseen negative consequences. Since Bitcoin is a global, decentralized system, an implementation error or an unconsidered scenario could have far-reaching effect

Replying to Avatar hodlonaut

Chat control, a comprehensive asset register covering everything (including what's in your house, safe deposit box, etc.), followed by expropriations – the wonderful future of the EU 🌈

Chat control, a comprehensive asset register covering everything (including what's in your house, safe deposit box, etc.), followed by expropriations – the wonderful future of the EU 🌈