By the end of this decade, people will start to realize Bitcoin is just for Michael Saylor, Blackrock, Governments and whoever got in early. You might not like it but this is the direction we heading right now.
nitesh
nitesh@noderunner.wtf
npub1qgwh...7y7n
A lot of this is true. Imo any open source project makes less progress without a leader, someone who steers the ship and has the final say. Bitcoin core is at a point where core devs just want to avoid all controversy and stay silent and let people fight out. We need more versions of core in other programming languages built from the ground up and implement all consensus rules similar to btcd. Bitcoin core needs more competing implementations where you have leaders who are willing to hit the merge button and publish a release with CTV for example so that people can run the fucking thing.


X (formerly Twitter)
jamesob (@jamesob) on X
THE CONSENSUS CONUNDRUM
Bitcoin faces a one-of-a-kind leadership problem
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A lot of consensus-change proposals for bitcoin are on the table a...
It is kinda wild that Bitcoin is casually just hovering around $90k. It feels like it wasn't that long ago that I watched it trade for a few hundred dollars. Time flies!
The one thing in life that I was consistently right about for several years in a row was to buy Bitcoin!
Bitcoin's market cap is like 60% of the total crypto industry's market cap. That is how far ahead it is over anything else out there. Imagine one company having 60% market cap of the entire S&P 500. That is Bitcoin.
There is literally no second best.
Anyome has data on coins available in major exchanges and the situation at OTC desks?
As the bull market seems to be starting, an important distinction to note is that, Bitcoin has security, decentralization, scarcity, network effects and more buy orders than sell orders.
Shit coins just have more buys orders than sell orders.
There will never be a point where Bitcoin is not available for sale because of lack of supply. Everyone has a selling price for some or all of their stack.
If America was racist or believed in fascism, Obama wouldn't have won with an incredible majority. There could be a small population that thinks a woman shouldn't become president, but that isn't enough to change an election result. The margin of Trump's victory says it all.
Going to get drunk after election results. Donald Trump is not my president.
How did we all accept to paying for subscriptions and then watching ads? And it's even worse now, it's political ads! ๐
I actually really like MKBHD's Panels wallpaper app now. After recent changes and fixes, it's really good!
Election day in 3 days, reminder that there is no red and there is no blue. It's always them vs you!
Idk what to celebrate. Diwali or Halloween.
We need a new form of Bitcoin-core.
- You propose a consensus change with a BIP and code to show for it.
- Every consensus change should have a review period of max number of days (maybe like 200).
- Have a pool of maybe 200 devs who are smart enough of review proposals.
- Its the responsibility of the proposer to advertise their proposal and get ACKs.
- Get enough tACKs in this window, then merge it.
- Miners will eventually just upgrade and it'll get activated.
- Stop involving finance people with software decisions.
- No debates on twitter, they go nowhere. If people have issues, then show up to talks and debate it live.
Make soft forks normal again.
My hot take:
Bitcoin core kinda sucks because it's decentralized. I prefer projects with leaders who can set the direction and make decisions.
Good morning!
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!X's election algo is so messed up. It's not just posts, even replies to posts are just specific to right or left wing. If you support Trump or Harris, try liking a few posts favoring the opposite candidate. It'll totally mess with your head!
Lets be real, we all like price pump action only because our friends and family will think we are a genius to get in early and for us to laugh at other people who didn't believe in what we have been saying.
I want Kamala Harris to win so that we can go back to $58k.