After consulting with Bitcoin Spam Apologists, Elon Musk has decided to eliminate Twitter’s Spam/Fraud Mitigation Department saying in an official statement:
“We can’t stop the Spam Bots and Impersonators on X, guys.
My condolences to the Blue Checks.
That’ll be $8.”
/s
Seems notable that a good chunk of the Bitcoin Network is still running older versions of Core or Knots.
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An auction is a way of allocating an object or acquiring a service. For the auction to work well, the rules determining the winner as well as how much the bidder will pay must be established beforehand.
-Auctions by Hubbard and Paarsch
Bitcoin is the world’s greatest Auction.
When uncertainty concerning the object’s true value exists and where it is important to allocate the object in the most efficient way, the auction is your BFF.
-Auctions by Hubbard and Paarsch
Bitcoin and the Internet run on Auctions.
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Dear Bitcoin Core,
What signals do you believe you are projecting to the rest of the users of the Bitcoin Network right now by reducing the configurability and removing default filters in the Core implementation software?
Why is quality control no longer a priority?
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Bitcoin users’ mental nodes are being co-opted by Mission Creep, Spam Apology, and Nihilism.
If Bitcoin users don’t hold each other to ridiculously high standards, then no one will.
Filters up. Decentralize the Block Templates.
Money is Bitcoin’s Dominant Strategy.
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Fractional Fugazi Fiat Money gave us over 100 years of Corrupt Money, Corrupt Price Signals, and more and more Energy Waste.
#Bitcoin gives us a future of Sound Money, Sound Price Signal, and Energy Efficiency Innovation.
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A note on the energy efficiency of Miners since 12/30/2021.
Based on rough math from public data gathered over time from Cambridge & Blockchain.info
Daily power consumed by Bitcoin increased ~60%
But miner hashrate has increased ~5x.
Fact checks welcome. 🇺🇸🦅🫡
Oh you’re an environmentalist who doesn’t think money and monetary incentives have a material impact on humanity’s resource consumption, energy efficiency, and Earth’s overall ecosystem?
Study Bitcoin.
You’re welcome.
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The All-Pay Auction competition for the last 100 Trillion Sats is going to take us to the Valhalla of Energy Efficiency.
Bitcoin is Crowd Funded Energy Efficiency R&D disguised as the greatest money in human history.
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The Early Christian movement's adoption waves rhyme with the #Bitcoin movement's adoption waves.
Big difference today is we have the Internet. Then again, Christianity emerged at the nexus of the Mediterranean and Silk Road trade routes.
Bitcoin users’ mental nodes are being co-opted by Mission Creep, Spam Apology, and Nihilism.
If Bitcoin users don’t hold each other to ridiculously high standards, then no one will.
Filters up. Decentralize the Block Templates.
Money is Bitcoin’s Dominant Strategy.
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The Bitcoin School of Anti-Filtration & Spam Apology reviewed the Ten Commandments and concluded that the Ten Commandments hasn’t stopped all Sin, so we’re better off normalizing Sin.
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Use Bitcoin in Good Faith my merry fellows.
Godspeed. 🇺🇸🦅🫡
Sound price signals are essential to the quality of Bitcoin and Free Markets. The goal is to maximize sound price signals and minimize unsound price signals.
Use common sense filters and don’t broadcast garbage Spam signals or other Fiat bullshit on Bitcoin.
Godspeed. 🇺🇸🦅🫡
When Bitcoin Core Maintainers do stupid shit that disgraces the Ethos and Integrity of Bitcoin, they should resign in disgrace.
Like Gavin Andresen did.
Bitcoin’s current cohort of Core Maintainers have lost the plot, and they should resign.
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I still think the analogy between Power in Physics and Purchasing Power in Economics holds some water for #Bitcoin, some function of the derivative of Work over Time… but then also consider how Metcalfe’s Law, Moore’s Law, and subjective idiosyncracies factor in too.
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Configurable filtration mechanisms are fantastic for helping to maintain the quality of everyone’s Bitcoin over time.
Run Knots. Send your hash to Ocean using DATUM.
Tell the Bearded Lady and her cadre of Core Maintainers to either shape up or ship out.
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