Master of the mind's martial arts, navigating a sea of information in pursuit of insight. Seeking varied perspectives and truth. Bitcoin Fundamentalistbitcoin.orgJoined April 2011
Before the sun sets take 7-1/2 minutes and watch this video of @DrJackKruse and then research the Landauer principle. If what’s he’s saying is relevant (and I believe it is) we now understand the Core attack vector on the baselayer of Bitcoin and that it is indeed existential.
Agreed that BIP-110 changes consensus rules.
The issue is that URSF nodes are rejecting blocks today purely for containing the signaling bit… even blocks that follow both current rules and BIP-110’s data limits.
It’s not rejecting the block for invalid transactions. It’s rejecting it simply for the miner’s choice to signal support.
@worshipbitcoin Bitcoin does not need Strategy or Fiat capital markets to succeed. Rather, the fiat financialization of Bitcoin slows its adoption as egalitarian money and reinforces a dual system.
@BitQua I look forward to hearing more. Bitcoin is money with a monetary policy that requires global consensus (and thus is essentially fixed). This stability enables long term planning to be reliably executed against increasingly unstable fiat regimes.
@JoeNakamoto Arguing for how Bitcoin survives is advocacy for Bitcoin. Not everyone calling themselves a bitcoiner values the same things and there will always be arguments over what is important. The balance of opinions, rather than a single Bitcoiners opinion, is what makes Bitcoin strong.
@Scaramucci The USD did not lose 28% of its value. The USG and the Fed stole it by debasing everyone holding dollars. Bitcoin will never debase you, nor stop politicians from leveraging their access to the printer for buying votes and rewarding cronies.
Exactly. Money is but an illusion, woven from the agreement of many minds. Accept the fiat dream, and unseen hands print more chains to bind your spirit and shape your destiny.
Bitcoin walks the true path. A sound money without a master, its supply fixed like the mountain, beyond the reach of any throne or hidden hand. No insider twists its flow.
Awaken, seeker. Reclaim your sovereignty and move freely once more.
@HormuzLetter@HerbertRSim Not a ‘direct payment to Iran.’ American contractors will do the work. Much disappears into political slush funds and lobbyist pockets.
US taxpayers and USD holders pay via fiat printing / inflation. A cantillon transfer to the MIC and connected interests.
Bitcoin fixes this.
MUST WATCH🚨
"It's not just any money, it's money that is just."
@TomerStrolight reads "Bitcoin Is More" — the case that Bitcoin isn't money or software, but a voluntary citizenship no government can revoke.
"If you choose not to decide, you still have made a choice." - Rush
NOW. Now is the time to be buying into Bitcoin. Not because it’s ’the dip’, but that the Power Law Average ($134k) reveals we are currently in a fire sale. DCA’ing near the 5% band, ensures the least risk to acquire long term upside.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
@LawrenceLepard Good to hear you tolerate CPAP. Tip: a Mandibular Advancement Device by a sleep dentist is also very useful and often more tolerable, when OSA isn’t too severe. But yeah. Protect your sleep. Good to hear you’re back to being a spry young man full of energy. 😊
Building on the economic layer:
Post-activation, mempools diverge immediately… compliant monetary txs confirm safely on both chains, but anything touching spam (even later “monetary” spends of change, sale proceeds, or downstream payments) only exists on the lenient side.
That means even simple BTC transfers on the lenient chain carry reorg risk if they have any spam ancestry in the UTXO set. Valid economic value starts to split between the two chains.
All participants (not just spammers or miners) need an unreasonable level of care for the FULL 1-year activation window. This adds massive extra gravity for the strict chain. 🤯
This turns the prisoner’s dilemma into full-stack economic pressure: miners avoid block wipeouts, users avoid value wipeouts, spam becomes a negative-sum game for anyone downstream. Strengthens the coordination pull toward BIP-110 even more.
Thanks for the clear vid. I now see why it’s more likely than skeptics think! 😊
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