GetRekt

Ooooft. The wagons are circling.

Bear market goal: enter the 1000 pound lifting club. 200 pounds to go, LFG

Is this the 2nd or 3rd cycle where the top was marked by the mass availability of collateralised lending products?

If I was MSTR I would be trying to buy out bitcoin treasury companies with MNAVs < 1 right now absorb their discounted bitcoin.

I gave you an honest shot nostr:nprofile1qqst5drq6tjytk8clcsclycgh67agkkvmtj2pqpmwjcg46a3qme97acpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjsz9rhwden5te0dehhxarj9ehhsarj9ejx2asyjss9p 🤷

10 bucks to have a go Dave, it’s a fair deal.

This episode has sparked an absolute fire in me https://fountain.fm/episode/nenqabQLdmC21iPPWdTp

The anti-vax movement seems strong on Nostr. Can anyone point me to a substantive piece (article, research paper etc.) to try to better comprehend this point of view? All of the anti-vax people I know IRL are to put it politely, not good advocates for the movement.

It’s 2025. No social media (minus nostr). Not reading the news. are-watching Futurama. Life is good.

I feel the reasons for why you might be a #knots person really should make you a #monero advocate

nostr:npub13wl6gy2kp02zafh6vr8jfh58mzxxeza7as5mmx325xyq9x4z9rxqgpnp8z I stuck to my plan, where you at my dude?

Yo Weeb of Trust, anyone got a good anime recommendation? Cypberpunk / ghost in the shell style?

Knots is putting up some real numbers. The plebs don’t know what’s best for themselves though, only the devs can tell you what you should think.

Australian housing feels like it’s at a top in the market purely because no one is talking about how the price could go down. Every forum immediately shuts down negative rhetoric, housing only ever goes up etc. Introducing the 5% deposit scheme for first home buyers has only locked in exit liquidity for investors 🤷

I am a reasonably technical lay-person, has anyone got a strong reason why the OP_RETURN data size increase is necessary or wanted? Is it a case of improving the infrastructure before we need it? Building out infrastructure and letting the use cases develop? I think I understand that the alternative uses of the Bitcoin network are maxing out the 80 byte limit, increasing the size of the block chain. Then, they are also using the UTXO address (or something) to post their data, bloating both the blockchain and the UTXO set. As these UTXOs are not valid transactions they can not ever be spent and will sit in the UTXO set for eternity. The UTXO set is stored in memory (RAM - expensive) and the blockchain is in storage (cheap). The workaround is to just increase the OP_RETURN size to stop the UTXO bloat. Blockchain gets bigger so more storage is needed by nodes, but nodes are mostly SPV nodes and don’t store the blockchain anyway. These nodes do require the UTXO set in RAM (somewhat). If the UTXO set were to get too large, nodes become too expensive and as a result the total number of nodes drops, reducing the security of the network as a whole. The Bitcoin core developer stance is they are being neutral to the various forms of users of the Bitcoin network by increasing the data limit. In effect, large OP_RETURN data transactions take up larger portions of each block without increasing the total block size beyond the already established 4MB maximum. So we’re still having the same maximum block size, just it’s likely it’ll be used more frequently. The OP_RETURN data is optional to store on a full node, so you don’t need store it. The growth of the blockchain size is still inline with previous projections if you assumed full size blocks for every block. So technically, nothing changes. Thus the developer stance of neutrality. The issue is then philosophical, being that a 100kb file size is well… concerning. 100kb allows for 640 x 480 pixel JPEG to be stored directly on the blockchain. I guess that’s the crux of the issue then right? Plausible deniability that running a bitcoin node isn’t distributing illicit material goes straight out the window. So the only nodes you can run would be lightweight nodes, and no one ever stores the full blockchain or they’ll get SWATed for CSAM. This is where I don’t get the WHY of the change. Why enable the undesirable use cases of the Bitcoin network because it’s “technically neutral” to do so, when clearly you’re opening the door to certain doom? Please help me understand.

Currently reading Mastering Bitcoin. Is this still relevant? Are there sections which no longer apply?

The first time my wife has been interested in buying bitcoin was listening to Roman Yampolskiy on The Diary of a CEO. It was the first time she had heard someone very credible in a seperate field casually endorse it, without the sales pitch of a Bitcoiner behind it. Maybe it’s not the message but the messenger?

Encouraging vlogs on a bitcoin-centric social media platform seems like a psyop. Your face in video… Your voice… a reasonable assumption that you own bitcoin… RIP and salute to the vloggers, may your future involuntary donation to violent criminals be worth the temporary clout.

When did you know it was time to leave the corporate world and go out on your own?