I heard JP Morgan has written BIP 925, proposing a soft fork for bitcoin, intended to restrict mining hours to 9-5, M-F, closed holidays (Eastern time). As this effectively reduces block size, I heard Luke was all for it and assigned BIP mainline status immediately. This works so much better on April 1st. 😂

If you receive these three questions, unsolicited, you know we are in a bitcoin bubble: 1) Am I late? 2) Should I wait? 3) Want a date?

Back of the envelope math regarding young people and bitcoin power law: If you have 50 years, every 2025 dollar put in to bitcoin today will be roughly $1 of 2025 purchasing power per month for an entire retirement…assuming bitcoin power law holds over the entire time and stable above target usd inflation of 5%…. Maybe setting aside a few thousand dollars for a kid is a reasonable thing? I let my kids buy bitcoin from me pre-pandemic to show them how the dollar will predictably fall apart.

Because Trump is preprogramming, or clumsily attempting to preprogram, his base that the Epstein thing is another demonic hoax, this makes me think 1) there is a client list and 2) he is on it. It doesn’t help that prior hoaxes were so egregious…but dems didn’t go after the Epstein angle because too many people in both sides of the aisle would get burned, I’m guessing.

Good morning my fellow slaves! This is your daily reminder that your government is inherently evil and not only steals a large fraction of your income and forces never decreasing annual tribute on your property at threat of confiscation and imprisonment, but they steal directly from your savings via a mechanism you have no lawful means to influence: inflation. And it’s inflation that makes you a slave whether you like it or not. Jesus the Christ, translated King, doesn’t support unjust weights and measures…and yet what is the first thing our secular government does? Unjustly deflate the currency. This is why we should not have faith in, or grant power to, governments. Which makes more sense to follow? @Neal @Duncan Cary Palmer

Another fantastic quote by @Neal : “If you are tempted to believe a “little” fractional reserve lending might bring more good than harm, the onus falls on you to explain how a measured dose of moral wrongdoing can yield a greater good. That same logic, the ends justifying the means, lurks behind humanity’s darkest rationales, including genocide. Evil does not become virtue by being incrementally administered; it remains a moral violation regardless of how thoroughly it is regulated.” If you are being repeatedly beaten over the head with a bat, would you want the beatings to slow down? Or would you want them to stop?

Amazon

Amazon

Gotta love @River … by the end of the month, I’ll have earned 1 million sats via interest on money I’m gonna have to spend in the relatively near future. @Alexander Leishman

Great quote from @Neal : “Slavery is an objective evil. We must recognize its universal form: whether enforced through physical chains, economic manipulation, or cultural coercion.” Inflation is more than just theft. It’s slavery.

Amazon

Amazon

One more work day until I’m done for two weeks, part of which I’ll spend at @bitcoinbushbash looking forward to visiting Australia…and being an American child of the 1980’s, I’ll do my best to find a crocodile Dundee machete to bring home :)