Morning vibes. These lyrics hit so damn hard.

Everyone loves to talk about Bitcoin as money; but no one wants to discuss the fact that without eternal memory, you have no “money”. Nothing was money before Bitcoin. Just an incomplete approximation. Only Bitcoin can define money, and memory is fundamental to said definition. Go look at the etymology of money, this is nothing new. Bitcoin is eternal memory. Is Bitcoin more than money? Or was our definition of money fiat? What does it mean to be a money maximalist? A memory maximalist? Are you a thermologic maximalist? A Chronologic maximalist?

Guys it’s so simple. Your physics is fiat if it cannot resolve the double spend problem, aka the measurement problem, of energy/matter. The only valid mathematical solution to the double spend problem is a quantized block of time at the Planck Scale of time. No quantized block at Planck, no conservation of energy. This means that Superpostion must be discrete and subplanck between the fundamental ticks/blocks at Planck scale. An unmeasured state is not real. Centralized quantum computing is a fiat fantasy that requires a fiat model of physics in order to work. If you think energy/matter can be double spent and still conserve energy, why the hell are you in Bitcoin? Soon, you will have to pick a side; Bitcoin or Quantum. You can’t double spend your morals. Best start thinking about it.

SegWit’s discount and implicit blocksize increase was socialism and taxation implemented to Bitcoin’s L1. We really cooked here guys. Bitcoin conserves the demand for finite blockspace. Either fees for finite blockspace are paid upfront by the individual user in the form of satoshis, or fees in sats can be lowered by socializing the cost to all the nodes in the form of taxation by increasing the number of consensus bits the node must maintain in perpetuity of Bitcoin’s life. Additionally, the cost is spread to miners thru lower block rewards in sats, thus pressuring difficulty downward despite equivalent physical work. We depegged that sat from the work and the emergent market. Fees paid in sats accrue no interest. Fees paid in bits accrue interest increasingly across time. A physical cost that must be paid forever for Bitcoin to remain coherent. We are no better than fiat. #Bitcoin If nodes are the soul, stop taxing them with additional bits paid with discounts and blocks greater than the 1MB constant Satoshi defined. There is no free lunch.

October Sundae Direct ~1000’. A fun moderate slab with a few 40’+ runouts as a party of 3. Roof pull was amazing. Full value adventure given the wind.

GN/GM

Is this run out? @PABLOF7z

Very chill day for the exposure. Moderate is an understatement . Beat the rain, but we expected to get wet.

Chasing some moderate slabs this evening.