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oobiyou
feb4e6277e69aedd3b6c0f2c1904976397f30b8f003b201a4908ea3fa7a7bfe8
- economic taste-making - consultant - - BTC node runner - cashu maxi - - nostr-native- - oobiyou@npub.cash -

“…all the fluctuations in the market… should be studied as if they were the result of one man’s operations.”

-wyckoff-

I thought your headphones were fancy donuts 🍩

Folllow the money. nostr:note1gzy3ys09yx2l2a0twkw5p5gerjqdg5l0c8se3250pq4cew6fa5fs3wmrm7

Wall street blooming 😂

nostr:note1qe8qjn5mz49s896hj9l9le2m05r53039y0u8qupuq9pl2k3fum3s0shnsx

Wow. Thank you so much for engaging in this dialogue with me, I learned a lot. 💜🫂💜

I don’t know if I necessarily agree with you that nobody would care; especially given how much authorities/others care about what address BITCOIN (UTXO’s) is sent to. Being set up in the mail is not unheard of. Perhaps the publicly distributed nature of the ledger would guard against this. I’d have to think about that one a little more deeply.

And if that address is known to the public; a corporate address, or a public figure for instance, couldn’t that address then have data which it would not like to be associated with now tied to their address, with the only way to rid themselves of association with the data being to spend the UTXO?

I agree. My original question (while stated incorrectly?) was:

Is spamming a UTXO set tied to a specific address something to be concerned about. You don’t think anybody has a UTXO set though.

If I have the keys to spend a certain number of UTXO’s, couldn’t I consider those mine?

Thank you for taking the time to explain. So you can spam the UTXO set with unspendable garbage. Could this have any negative implacations for the controller of the UTXO set?

example: a UTXO tied to the runes protocol containing data that the entity who controls the UTXO set does not align with.

After doing some research, it seems runes are relatively easy to burn, but still incurr tx fees to do so. And I’m unsure if just transacting them as small UTXO’s during something like consolidation would be sufficient.

I will continue to study the endless 🐇🕳️ that is bitcoin; but I have also learned a lot on nostr and will continue to ask questions I cannot find answers to. Thanks again!

This looks interesting, going to bookmark. I just recently started running databag on a server and like it so far.

#plebchain

nostr:note1lycdv4rvwn2v9l84ge0qy4jfcp9w3svs7wd6y27gfqrqfs360efssc5dam

Ok, so if an inscription (like runes) which on the blockchain looks like a very small utxo (350sats), couldn’t you send this 350 sat rune to a bitcoin address (x)?

If so, couldn’t you essentially spam any bitcoin address with inscriptions?