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Wes
npub16ctd...4qpf
Wes from the west
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Wes 0 months ago
September 3, 2026, veteran #Bitcoin protocol developer Peter Todd publicly argued for a code-level tax on Bitcoin addresses during a speech at the bitcoin++ conference in Toronto late last month.
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Wes 0 months ago
If the miners controlled the #bitcoin network they would be able to control what transactions are allowed. They would find ways to raise the payment they got to do the transaction! (add a tax)
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Wes 0 months ago
#Bitcoin Having your own private keys does not equate to the freedom and guarantee of being able to spend your money if you rely on a small group of trusted third parties for the ability to be able to ever spend your money. small group of trusted third parties = Exchanges and Miners who control majority. (high 24h volume traded #btc sha256) #blake2b #xbt is working hard to fix this. The Main Core developers and friends have left sha256 btc ticker and dealing one at a time to make Bitcoin leaner and meaner. Unfortunately sha256 seem to be letting the fame go to there heads and have lost the focus.
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Wes 0 months ago
We respect the block chain we try to minimize our footprint. because the #bitcoin block chain is forever We do not want to have things on there that someone would have to download on there node 100 years from now!
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Wes 0 months ago
The hardest thing in #bitcoin is to call out your #btc friend
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Wes 0 months ago
"Go back to Bitcoin’s early years, and it wasn’t a polished financial product. It was software being tested, broken, fixed, and discussed by people who believed the rules mattered enough to run them themselves. We are watching some of that happen again with Bitcoin Blake2b. New infrastructure. New miners. New tools. New arguments. Plenty of mistakes." #Bitcoin #XBT #BLAKE2b , Taimour AlNeimat (on x @albitcoiner )
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Wes 0 months ago
IMO more Bitcoiners should spend more time on understanding that if "digital credit" is developed it will ensure #BTC never goes to $1m That may even be the point of "digital credit." But Bitcoiners would be well-served to study "credit gold" that began in London in mid-80s #btc sha256 #xbt #blake2b
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Wes 1 month ago
#btc sha256 Peter Todd A demurrage fee, effectively a straight tax for just holding Bitcoin, that would charge roughly 0.1% annually on every address.
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Wes 1 month ago
#XBT #Bitcoin Ignoring XBT will be one of your biggest mistakes. #BTCisDead
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Wes 1 month ago
#XBT #BLAKE2B #BITCOIN Fiat money is considered a liability for banks. They have convinced us that this is normal. We truly are slaves
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Wes 1 month ago
#XBT #Bitcoin #blake2b Fed set reserve requirement to 0% March 26, 2020. Liabilities are all zero. Currently has no plans to reimpose them (though it retains the authority to do so)
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Wes 1 month ago
#bip110 #bitcoin Nodes decided OP_RETURN is only valid up to 83 bytes. Btc miners said "nah, we decide, not you" Forked off and now by many considered not even bitcoin. Take a deep dive into #xbt #blake2b Nodes are In Charge
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Wes 1 month ago
#XBT #Blake2b #Bitcoin image
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Wes 1 month ago
Binary covenants on #Bitcoin refer to a type of spending condition that restricts how Bitcoin can be spent, allowing only specific transactions to occur. This means that a transaction can enforce rules on future transactions, such as only allowing funds to be sent to predetermined addresses or under certain conditions. Is there a use case to restricting your use of your money?
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