*le sigh*

Yeah probably … but it’s all fiat scam based so… 😔 Bitcoin was supposed to be the exit door but it became something else entirely. Maybe some day it escapes the fiat grasp but probably not soon. People are actually cheering on Saylor 😂 🫠 🤡

Did you really think that 8 billion people were going to put on laser eye profile pics and start complaining about fiat systems and governments? No. Never. That's us. That's OUR community. The rest of the world is different. And if we wanted mainstream adoption and we wanted bitcoin to be the global reserve currency, then that means that the people using the currency changes too. 8 billion people with 8 billion different ideas. The culture changes. The currency though, which this is the cool part, the currency DOES NOT CHANGE! The monetary policy is still the same!

Wow sad, but you know what's worse than sad? How disgusting it is seeing you support childporn hosting as a legitimate use case for Bitcoin. Why are you acting like 110 is still a threat anyway? You're going harder and harder attacking more and more like you feel threatened by it. Can't you just let node runners move on? Why continue the attack after its meant to be over?

It's mostly hilarious that Hodlonaut can't see the parallels between Luke Dashjr and Craig Wright.

and i would think he of all people should know...

Reminds me of Daniel Krawisz

The rest of the world lives on fiat so we should just slowly turn this into a fiat instrument. Bitcoin is just rails for fiat. The best rails. Let’s keep it that way. People demand their fiat so let’s do all we can to ensure they have the best rails for it. Bitcoin: p2p fiat rails.

change doesn't happen overnight.

I do not support BIP-110, but comparing Luke to CW is nonsense. Luke might be wrong (and I think he is) but he is still one of the most important and competent bitcoin contributor. I still have mad respect for him.

Nostradamus Sayz... Next Bull Run, they'll be back 😄️

"the idea" lives on in other chains already 🙄 why are people so attached to a specific history of transactions?

My timeline is so much cleaner without @Derek Ross in it

When was this? During 2023? 2017? Those bozos ran out of money. The network has been essentially dead for two years.

I need 58K again. Deploying buy orders.

Yeah 23. Was like 40$ for a L1 to go through. How embarassing to explain to newbs that this is what Bitcoin is for. Yeah L1 volume has been meager since. Storm is on horizon is what im saying. It'll be Stablecoinz, tokenz, and then... Tail emissions and 21+ million. And miners will just mine the fed coin inspite of what pleb node runners are wanting. Once fiat elites are exercising power, the water becomes much more murky. Godspeed to whatever "bitcoin" becomes.

Also, appears David Baikey didn't run out of money. Well tap wiz did maybe... But he keeps on grifting and scamming through other means now. $NAKA 😒🫥

Given a long enough timeline, I don't see on-chain being viable for smaller transactions anyway.

Slash your heroes 🫂

Perhaps. Hard to say. Just hope it doesn't become like the past... "Why hold your own Gold when you can deposit it for an IOU Bank Note?" --> "We'll even pay you deposit interest!" --> "Oops... We are exchanging your Gold to the Feds, cuz it's the law now... but just keeping using the pieces of paper!" --> 😣 "Just buy our stock/ETF/token/IOU (MSTR, NAKA, STRC...) ... L1 is too slow/expensive/risky" --> "You don't need to access the real thing. Just use the derivative." ---> "Node running is expensive and self custody is risky." 🤐😶‍🌫️😳

If I see a parallel with CSW that one is YOU

They're paying me a lot.

Yes, the Bitcoin community is fracturing, but the important thing is that Citrea’s edge case scenario is being catered to.

Hi Spooky, have you configured the Nostr DMs Relay? It seems not yet. I was trying to send you a DM.

i am so confused by these people....BTC did not change; why are they pretending the sky is falling due to some routing policy change? All the sudden Bitcoin is captured because people did not go along with their retarded proposal?

It's copium. Plain and simple.

We all believe Satoshi was smart? Right? Then he absolutely could have foreseen massive mining operations. If he thought Bitcoin was going to grow beyond a few weirdos then ABSOLUTELY he knew that it was going to require more energy. And it's absolutely naive to think that we'd have 8 billion BitAxes when we can't even get to 8 billion UTXOs. C'mon. Stop.

It’s sad that you forgot what is to be a bitcoiner.

Facts. If only other people didn’t repost him all the time 🫠

Bitcoin changed without any significant code changes. The change is that it was something people thought was going to be money, and the basis of a financial system, and now it is something that people know it is not going to be. BIP110 people were universally either uninformed or disingenuous, but their emotional reaction to this is legitimate and deserved. The past 10 years of Bitcoin development has been a complete fraud, lightning is trash and Bitcoin has been very clearly institutionally captured by scheming scammer podcasters and a bunch of people that sold Bitcoin’s future so they could get burn a big pile of venture capital investments. The party is over and everyone pretty much realizes that this is Saylor’s Ponzi scheme now until control is wrested away from these people. Of course, Luke is not really any better and was a hysterical schemer.

Dunno man... i predominatly just see a whole bunch of technical and practical limitations and obstacles and trade-offs and mitigations and a fucking miracle this shit has been working and gotten this far for/in 17 years in the first place. People thinking that an 'onchain transaction' is a payment instead of a 'smart contract' simply did not comprehend, and that was the basis for the whole bch stuff. As a result i am not so negative towards lightning, and i am in the school that wants to dubble down on the merklized abstract syntax tree stuff, wants covenants, and has a vision of how UTXO's could constitute a complex of what are effectively financial contracts where 'lightning' is that which makes those 'locked' funds liquid. And all of this makes total sense to me, and people that both want actually decentralized global state as well as a simple low complexity system that scales to 8 billion people doing micro transactions all the time are delusional. Not discounting the fake and the gay in all its variety that entered the Bitcoin space, i see al that, but...you know, critique is easy, not worth that much and does not presume having a better alternative. Just my 2 sats

16 years ago Satoshi said ledger privacy would create “a much better, easier, more convenient implementation of Bitcoin”. Exact quote!

Not a suggestion

Not a suggestion

He later outlined something that looks a lot like ring signatures. For me, and for so many people whose businesses have been the victim of censorship by exchanges, ledger privacy is minimum viable for money. Bitcoin cannot be universal money without it. Satoshi vocally supported it. Saylor says it can’t happen ever, and Core refuses to implement it. Bitcoin cannot be universal money. It doesn’t address any of the things people actually desire out of money, it chases every real world application of blockchains away. It’s clearly a really shitty Ponzi scheme at this point. We have no mechanism to fire Core, people keep listening to the same cartel of scammers that brought us ColdCard as they push Bitkey (equally stupid and risky). Bitcoin didn’t implement the features necessary to be money and has no intention of implementing them. It’s chased too many people away. Bitcoin Cash is unironically better than Bitcoin at this point. I’m not a largeblocker and don’t use it. But they get a ton of useful things done. You might think Lightning is great. Most people with real physical businesses have had a different experience. It’s been 10 years of lightning development and you are using VC pitch words like “vision” to describe how it fits into things. It’s an autistic fantasy at that point. You can have a vision for a couple months, but after a year you need a product that works for people. It’s over. The world has moved on. Bitcoin is a stupid Ponzi for useless boomers, and it is high time we move forward without it. If the price drops low enough for Saylor and all the other treasury fucks to commit suicide we might be able to do a reconquista later. But I have no idea how to oust the decadent and corrupt Core, and I question if it is even desirable to fight to retake Bitcoin when there are so many other mature projects out there that actually service my need for useful money.

I say vision for the most part because we lack the required softforks. Although some other methods have been found using vUTXO's and whatnot for certain things. I am aware of the issues with lighting, but that being said, i have been using it daily for many years now. Now im sure you will want to ask if i run a lightning node, no i dont, i was part of the first set of lighting nodes on mainnet in 2017, and after doing all that was there to be done (i.e. buying the stickers, drawing a dick on a webpage and whatnot), i closed my channel after a few months and shut it down. But i will have you know that i am using the node of just some dude who has it running in his closet. I think these lighting devs/companies don't have their priorities straight, and are slow on delivering. Saylor is a massive dissapointment, for me primarily because lets coinbase custody the btc, being more concerned with the next financial scheme to get more btc, rather than leading the way in actually ''owning'' it for one thing, not even using it. His company could have been a big driving force in developments in that front (and demand for things like covenants). As for ''core'' being decadent and corrupt; I go to bitdevs, so i interact with some of the devs regularly and keep somewhat up with what the developments are, and my obvervation that its at least more than just decadence and/or corruption, but also that these things are not easy and that the stakes being high contributing to some sort of paralyses; its easier to do some semi-marginal things that are usefull but not super important, meanwhile others that do want to push the envelope get burned out because they get nowhere. But sure, there is some decadence, Eric Voskuil for example has been ignored for too long, but that has shifted luckely. Anyway, insofar Bitcoin is concerned i try to catch the high-signal things, but most of my attention is geared towards Nostr these days. For what its worth, i blame Saifedean and his work informing so many people in the space, which i think is a limited and crippling perspective. But then again, perhaps i blame myself for not writing a better book instead. PS: not that its important, i did not want to raise it as a point, but just to be clear, i don't really care all too much for what Satoshi had to say when it comes to discussing Bitcoin today.

oh, and ''its over, the world has moved on'', assumes some timeline or schedule, and frankly there are aspects to this that i think are running on timelines that rely on intergenerational dynamics (the adoption of use of keypairs and keymanagement to name one) insofar the masses are concerned atleast. So I am not sure where you got your expectations from, but odds are i lean towards disagreeing. I think explosive manifestations of certain things in short periods of time, in the past century, and the compression of those phenomena in the past decades fucks with peoples heuristics/expectations, projecting that onto things that might simply just turn an a different gear all together. By which i want to say, i am personally very carefull to judge in such matters, its too fucking complex. I can make attempts at assements, and see multiple sides, but am hardly able to draw conclusions. You are free to do so ofcourse, but my university LARP was in economic history where i focussed on technological developments, and like to believe i have some, what would you call it....perspective, on these matters.

R u selling your stack?

IDK - im a near boomer, host my own lightning node, have bought 20-30 items, zero fails, one forced close, easily spun-up anothet channel; long term SOV in self and collabrotive custody; even rolled dice per Odell's recs... do you even use bitcoin?

after the eCash fork, yes. I want my drivechains meme coin airdrop, and I really like what Paul is doing. Yet another person that is actually trying to build useful things to address real world usage of Bitcoin who is being forced out because corrupt and decadent Core wants to protect their friends’ venture capital investments in worthless Lightning. Completely anticompetitive bullshit to protect a useless fucking protocol that has completely failed

> have bought 20-30 items No offense, but the average business does more than 20 transactions in an hour, with a large variety of wallets. Your make believe larping that your own node (which normal people will never, ever run in a reliable manner) which routes a commercially insignificant number of transactions proves the reliability of LN is not relevant to this discussion. People doing real business on Square, which is the most common LN implementation now created by the billionaire who is one of the top Bitcoin owners on the planet, report more like the attached screenshot. I consider myself dumber than Jack Dorsey, and if he can’t get it right what hope do the rest of us mere mortals have? You are not doing real business with real people using Lightning. Not in any manner that matters. And that’s literally everyone who comes in to defend LN. “I run my own node and have bought a couple things with no problems!”