Bitcoin OG since 2010, former laptop solo miner - which makes me (amongst) the first obsolete Bitcoin miner(s), blockstream satellite node runner, #2A rights user, radiologist
Logic matters. Doesn’t matter what the issue is…logic matters.
Scientific issues obviously require logic.
But non-scientific issues likewise require logic, yet everyone seems to forget this.
Is God real? Does God love every human? These are not scientific questions, but nevertheless these questions require logical answers.
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. 😂
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.