#Knots keep growing. We are shy of 10% of the network. I wonder if at 10% we start to get close to that minimal critical mass needed to make transactions with OP_RETURN move slower through the network. That point where miners start generating the orphan blocks and they start being incentivize to move away from transactions with crap in them. #NodeWars #Bitcoin

With the current argument of whether we should rename sats to #bitcoin happening...what happens when we need to further subdivide the current 21m bitcoins/2.1q sats? At some point we are going to need to introduce a further value subdivision. This is a modification that seems to work well within the current bitcoin-sat paradigm. Something like 1 sat = 100,000 "naks/bits". ("naks" = nakamoto) 2.1q sats = 210 sextillion naks/bits 21m bitcoins = 2.1q sats If we replace sats for bitcoins as the only unit denomination now, this unit expansion is still inevitable and necessary in the future and re-introduces the issues that renaming sats to bitcoins is trying to fix right now. So is it really worth the change? I do grant that having only bitcoin as the unit name is cleaner and simpler but I also think that it is not considering the requirements of reality when it comes to monetary unit nomenclature. When we have to expand in the future, will the value of the unit of a bitcoin have to change for a third time making monetary re-evaluation and recalibration necessary. Would this not be more confusing?

With the current argument of whether we should rename sats to #bitcoin happening...what happens when we need to further subdivide the current 21m bitcoins/2.1q sats? At some point we are going to need to introduce a further value subdivision. This is a modification that seems to work well within the current bitcoin-sat paradigm. Something like 1 sat = 100,000 "naks/bits". ("naks" = nakamoto) 2.1q sats = 210 sextillion naks/bits 21m bitcoins = 2.1q sats If we replace sats for bitcoins as the only unit denomination now, this unit expansion is still inevitable and necessary in the future and re-introduces the issues that renaming sats to bitcoins is trying to fix right now. So is it really worth the change? I do grant that having only bitcoin as the unit name is cleaner and simpler but I also think that it is not considering the requirements of reality when it comes to monetary unit nomenclature. When we have to expand in the future, will the value of the unit of a bitcoin have to change for a third time making monetary re-evaluation and recalibration necessary. Would this not be more confusing? #Bitcoin #Bitcoinnostr #plebchain

Is analog handling of information the most secure way of handling important information in these highly internet-based days? With everything connected to the internet, coupled with the general population's lack of understanding of how accesible their personal networks are, everything is for the taking for anyone that really wants to look for it through the internet. They can access your network from anywhere in the world basically, while gaining physical access to your analog forms of information, like a notepad with all your passwords or a seed storage, seems to present an actual greater friction point and a scenario that is more grokable for the general joe/jane to prepare for. What do you all think? #plebchain #bitcoin #asknostr #bitcoinnostr

Bisq or Robosats? Which decentralized exchange you like more and why? Looking for opinions to try one of them. #bitcoin #grownostr #plebchain

This is a great book to get perspective on greater intents of why the incentive and, to a point, rewarding debt-based economies. I wonder how much of this will also capture #Bitcoin that is held by custodians instead of self-custody of individuals. #grownostr "The Great Taking" is a book by David Rogers Webb that discusses the potential for a large-scale confiscation of financial assets and bank deposits, including all stocks and bonds, as well as the underlying property of public corporations and privately owned businesses with debt financing. Webb argues that this scheme, which he calls "the end game of the current globally synchronous debt accumulation super cycle," is being executed through long-planned, intelligent design and could be the greatest conquest and subjugation in world history.

Something very important in modern times to be able to be a truly sovereign agent is being able to own what you bought. The movement of "Right to Repair" is right at the forefront of the battle protecting us. Short documentary on the topic for all of you if you are unfamiliar with its state. #grownostr #technology

Hello, all! Mind sending me some sats to test wallet? #plebchain

Knots adoption keeps inching upwards. We are almost at 9% of all nodes. If all nodes running Knots set their filtering of OP_RETURN to zero...what is the critical minimal percentage of the network that we need to achieve to become a real threat to the propagation and orphaning blocks that have OP_RETURN data to really start driving the usage of the #Bitcoin network as more rigidly and increasingly exclusively monetary? #bitcoinnostr Thanks to @BTC Frame for the nice UI to visualize this climb.

Never forget and develop the right perspective. All that paying taxes are justified for can easily - and was - offered within society by private entities - from families to corporations. Everything evil taxes are used for, cannot exist without taxation - which can only be enforced by the State’s monopoly on violence.

Why not add mining capabilities back to every #bitcoin node? Wouldn't this further decentralized and incentivice node running? Not for profitability but as an aggregated, solo-mining coalition that may end up composing a non-zero hash percentage to further add to the difficulty and help safeguard the network. There are around +-21,000 reachable nodes at this moment, if they all use whatever and however small their available collective hashpower of their varied hardware (raspberry pi's or other) is - and they are configured as solo miners, not as a centralized effort in a pool that can be manipulated, this would require very minimal upkeep from the node runner but still have that non-zero chance of winning a lottery at the added low cost incurred in the already running node. People running nodes right now are volunteers, they are already doing this without no expectation of gain - this would help add more nodes and more people however small. Then we have what BitAxe is doing, which could be construed as the concluding point of what I am discussing but not quite, as solo mining still requires interest and more maintenance on the part of the maintainer. Where as solo-mining by default in a node would require extremely low maintenance and just checking every few months to see if you won a block by some miracle - which could serve as a gateway drug to push more people into the BitAxe pathway and further the small-scale, home-base mining decentralization we all want. This is just a thought but am interested why this is not viable? Tagging specific big players - but interested in anyone that has thoughts on this. @Matthew Kratter @Guy Swann @Bitcoin Mechanic @Luke Dashjr @jimmysong

If you are here on #NOSTR, that means you already are on decentralized social media. You most likely already have #Bitcoin too, which is decentralized, sound money. Keep moving in that direction. Look into other decentralized technologies like #Linux for your computer's operating system or homesteading #off-grid concepts like #Earthship. The more decentralized of an ecosystem we have the stronger network effect and the stronger our individual sovereignty will be.