₿itcoin ₿ombadil's avatar
₿itcoin ₿ombadil
npub1ptas...vhsq
Take delight in things for themselves without reference to yourself… The chain of memory is resurrection.
Filters don’t create negative externalities. People who waste & abuse Bitcoin create negative externalities. You’re blaming negative externalities from bad behavior on Filters and pardoning worse behavior. You’re blaming door locks for home invaders breaking into a house through a window. Turn your brain on and filter up. 🇺🇸🦅🫡
Quality Control Filters are native to Bitcoin’s fundamental design. If you don’t like all the mandatory and optional quality control filters that exist in Bitcoin, then just use Dollars. The Dollar doesn’t have any quality control filters. The Dollar would be good for you🫵🏼. image
Live look at Bitcoin Monetary Maximalists reaffirming Bitcoin’s GOAT status to the Beta Database Maximalists. Money is to Bitcoin as Basketball is to Michael Jordan: The Dominant Strategy. 🐐🇺🇸🦅🫡 image
If enough of us tweet “it’s so over”, then we’ll be “so back” in no time. 🤣 This is how we catch the Algo Traders offsides. The Dollar price of Bitcoin is an Oxymoron. I remain long Satire and Bitcoin. Godspeed. 🇺🇸🦅🫡
It sucks for people who have tied their public Bitcoin image to promoting changes like SegWit, Taproot, & Op Return relaxation. But if your Ego is too fragile to admit mistakes, then you aren’t doing Bitcoin any favors pretending like these 3 things aren’t problematic. 🇺🇸🦅🫡
The 40-83 byte limit has been standard for over a decade. During this time, not a single use case has emerged that creates obvious economic synergies with Bitcoin. 🇺🇸🦅🫡
If we are always re-engineering Bitcoin in pursuit of increased Gain-of-Function, speed, scalability, & other Fiat-minded goals, then we’re gonna have a bad time. Patience pays off because patience is a virtue. Bitcoin is a Patient Ferment. Trust the process. Godspeed. 🇺🇸🦅🫡
Bitcoin has a technical code, a logical code, and an ethical code. When people deviate from the technical code, they get stopped. When people deviate from the ethical and logical codes, they’ll get filtered economically & reputationally through a gauntlet of filters. 🇺🇸🦅🫡
If Satoshi made mistakes on Bitcoin that needed to be addressed, then we could have made mistakes on SegWit & Taproot that need to be addressed. Stay vigilant. Filters up. Decentralize the Block Templates. No more soft forks are necessary today. Patience pays off because Patience is a Virtue.
Technical Validity does not imply Logical Validity or Ethical Validity. Anti-Filter & Pro-CTV bros lost the plot. If too many Bitcoin Players let Technical Validity trump basic Logic and Ethics, we’re gonna have a bad time. Filters up. Decentralize the Templates. 🇺🇸🦅🫡
I don’t believe/think Ocean and Datum are decentralized. I don’t trust Luke or Mechanic blindly. I don’t agree with Luke on CTV. Not totally sure where Mechanic stands on it. I agree with Luke & Mechanic on Filters and trying to Decentralize Block Templates.
All I see is a dereliction of duty by Core, and I see Luke picking up the slack doing thankless necessary grunt work to help optimize and maintain Bitcoin. Luke/Knots/Ocean/DATUM seem to have a better handle on game theory, strategy, risk assessment and damage control than Core.
I didn’t know who Mechanic was when I started tweeting out about all the bullshit Spam we were seeing in early 2023 and started pushing back on more changes. Mechanic, Luke, and many others have arrived at similar conclusions about Bitcoin in parallel thinking for ourselves. 🇺🇸🦅🫡
Covenants seem like they could make Bitcoin more like Real Estate and less like Money. Bitcoin isn’t designed to store the data for arbitrary and subjective covenant conditions/restrictions. Subjective expressivity belongs in meatspace in a legal contract. 🇺🇸🦅🫡
You 🫵🏼 give Money (Bitcoin) expressivity. Smart users need Simple Money that simply expresses objective Time & Energy. Dumb users want Complex Money that expresses subjective preferences best suited for a covenants section of a contract, not Bitcoin. 🇺🇸🦅🫡
Why do you 🫵🏼 want to make more changes to Bitcoin so you can do more Gain of Function R&D on Bitcoin? Explain. Further, explain if you would try to perform damage control if your Gain of Function applications opened Bitcoin up to more unforeseen attacks. 🇺🇸🦅🫡
It is now painfully obvious that the anti-filter and pro-Covenants bros truly never understood that Bitcoin’s Dominant Strategy has always been and always will be Money. People who want more Gain of Function on Bitcoin have not learned the lessons of SegWit or Taproot. 🇺🇸🦅🫡