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Replying to @saylor @bitcoin_opt_in
The market understands that you are willing to spend billions to keep it close to $100, at the expense of MSTR shareholders
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Replying to @BTCtoOblivion @Coinkite
Unpopular opinion: @Coinkite is still the gold standard for funding the lifestyle of low-life influencers, and they'll get their money's worth. teapawt.net/oomahq/status/20933332…
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Replying to @Strike
* only true if you accept the fact that Bitcoin activated BIP 110 and BLAKE2b
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Replying to @CcMyfeelings
I'm seeing 6.2k nodes at the moment:
luke.dashjr.org/programs/bit…
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The community has spoken. 180-day maturity, it is.
Milestone: This is the first version of Knots released by someone other than myself. Congrats @kwsantiago!
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CAPTURE Part 4: THE MACHINE
The fourth and final installment is out.
Bitcoin Magazine wasn’t just covering the fight over Bitcoin’s future. Its parent operated an Ordinals trading desk, invested in businesses tied to the ecosystem, and maintained editorial policies that exempted parts of that same business.
Then came an $80,000/month marketing contract, with an option for Nakamoto Inc. to buy BTC Inc at a valuation tied to its earnings, in a window that included the OP_RETURN fight. Nakamoto exercised the option.
Readers were not consistently told about these commercial relationships.
A documented investigation into the commercial interests and media infrastructure surrounding the Bitcoin Core controversy.
citadel21.com/the-machine
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Replying to @AsyncN8
If more Bitcoiners had balls and actually practiced the principles that they preached, we could definitely win. But too many Bitcoin influencers are optimizing for their own personal careers instead. The space is full of spooks too, and too few seem to notice or care
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Replying to @JoeNakamoto
Care to address the Blockstream ponzi allegations? You pretend to be a journalist, right?
natinfosec.substack.com/
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The lows these people will sink to, in covering for Adam and the shitstorm at Blockstream. Pretending there is nothing to see, and now resorting to making up complete lies about Matthew Kratter being behind another independent researcher.
Time will expose all of them.
There have been allegations that NatInfoSec and I are the same person, or that I am the author of some or all of his articles about Blockstream's alleged ponzi scheme. This is a complete and total lie, brought to you by friends of Andy like @JoeNakamoto and @coinjoined.
Two minutes of research will demonstrate that NatInfoSec has a long history as a security researcher, who has done good work like exposing fentanyl traffickers, Russian drone makers, etc. Link is in the reply.
Why are Joe and Chris not interested in getting to the bottom of the Blockstream allegations, instead of attempting to shoot the messenger? Looks like Joe just dropped Blockstream as a sponsor, so I think there's a good chance that he thinks NatInfoSec's allegations are actually correct, and that Joe is trying to distance himself slowly from Andy.
Bitcoiners will remember forever how Joe and Chris behaved this year-- and history will not be kind to their reputations as well
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Talking about "self-custody" on a network with mining as centralized as Bitcoin is as a silly as thinking you have sovereignty over the money in your bank account because you're the only person who knows your login password.
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Replying to @MountainHodl21
Spamcoin launched Aug 8th. The former miners left Bitcoin for their airdrop scamcoin.
Bitcoin continued on. The BLAKE2b HF wasn't until Aug 30, and there was no split over it.
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They'll talk down to you like this up to the point that they're revealed as scammers, and it's too late.
Then they'll disappear.
Don't think this isn't exactly the level of confidence they'll display all the way to allowing the purpose of bitcoin to be completely subverted.
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"Samson Mow is, in our view, a shameless and cynical self-promoter." Full article is linked in the reply
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Bitcoin Saturday teapawt.net/i/spaces/1NGaropMlLgJj
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Replying to @GregTonoski
How naive I was, still trying to assume good faith from the bad actors.
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Unfortunately, I have to disagree w/@Shireh0dl.
BIP-110's failure to activate proved beyond any shadow of a doubt that BTC is captured by the mining cartel w/tradfi behind them....there is NO chance for plebs to stop this at this point.
You can be sure WHEN (not if) govts apply pressure, your UTXOs won't go anywhere unless it is to a govt APPROVED address. How long before they lock up your 'stale' UTXOs forever? Does that sound like 'Bitcoin' to you?
Fortunately, Bitcoin, and the 'Bitcoin Ethos' are alive and well on the Blake2b chain...XBT.
We FIRED the cartel, and are working to ensure that Bitcoin operates OUTSIDE of the FIAT system.
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But also:
- We now have the precedent that centralization will result in a PoW change, creating a strong disincentive to do it.
- BLAKE2b doesn't have any known vulnerabilities (like SHA256d's ASICBoost) and is very simple for new ASIC manufacturers to enter the market. There are already 6 or 7.
- Since we had to reorganize the header anyway, we also fixed several long-standing issues with it. One of those issues fixed is block withholding attacks. The only way previously to defend against them was incentives and KYC. With the new format, it is possible to defend completely at a technical level.
- The new header also increases the nonce space significantly, avoiding the need for mining hardware to handle Bitcoin internals - often incorrectly, a problem that interferes with generating payouts to miners directly.
















