Dr. Bitcoin, MD's avatar
Dr. Bitcoin, MD
drgo@nostrplebs.com
npub1fa8c...thnd
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
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drgo 1 week ago
Finally, something blue haired Karen’s and conservatives can agree on: we need to decrease government power. The recently created federal department called ICE (it’s about 20 years old) is somewhat unique among US law enforcement agencies. How so? ICE is largely tasked with non-criminal “administrative” law violations. For these types of violations, because they are not criminal, you don’t get all those rights that come with due process… Congress passed the Posse Commitatus act in 1878, prohibiting the army from being used to enforce domestic law. It also forbids the executive branch to commandeer local law enforcement to enforce federal law. This act was expanded in 1950 to include the Air Force. And rather quietly again in early 2021 to include the navy, marines, and space force. While I’m no fan of illegal immigration of bad people, I’m happy to see newly expanded government powers scaled back.
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drgo 1 week ago
Here’s an advantage of bip110: by precluding long script hashes, the risk of very hard to verify blocks that could be made using long standing non-data embedding bugs will go away (these take hours to verify but have never happened). I have heard it said that this will cripple bitcoin functionality (ie, you won’t be able to do stuff like use key a and key b if it’s only been 3 months or less otherwise after three months either key a or key b or key c can be used)…but I don’t think that’s true…the script hash is always of fixed length…that’s half the point of a hash! But yeah, for cool tricks like the degrading multisig above the script will be long and long scripts could just as easily be used to stuff data that only gets revealed upon spending the output, not creating it… But I don’t see a downside to limiting script hash length…but I’m not qualified to declare this to definitively be true.
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drgo 1 week ago
We should be happy that bitcoin is cheaper. Don’t be butt hurt about the fact that if you would have waited 90 days to buy Bitcoin you’d have 50% more. You’re lucky to have as much as you do already! And this is a long game. Did you think you could replace the world financial system and it would be a piece of cake? This dip is nothing. If you’ve been stacking for more than a year, don’t cry about unrealized gains that have decreased…the fact is you didn’t sell before is because you wanted the insurance of bitcoin, not the payout…so buy more while it’s cheap!
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drgo 1 week ago
Someday I’d love to meet a bip-110 supporter in real life to discuss the issue…I see the core 30 position as obviously the “correct” one (modulo implementation/communication nits)… It is too easy for people to be tribal and caveman-brained when interacting with text only…but genuine debate in front of a live person is so much easier to remain thoughtful and engaged. I would love to hear a legit argument against core 30 relay changes (that remain valid in the long run; obviously there was no rush to rip off the 🩹, but it was thought preferable to making small changes periodically, which is debatable). But I only want to hear it from someone who would be willing to be proven wrong…because everyone entering any debate at any time should be willing to be proven wrong!