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Matty Mick24d ago
This nicely sums up the growing support for knots and now bip-110. Core has made an aggressive move to increase the value of blockspace at the expense of native token ₿ which derives its value from being perfect money. Blockspace, like cloud storage is proving to be less and less valuable. Wallstreet is clamoring to launch securities on eth and sol but those launches if successful, will do little to boost the value of the chain token, and only boost access to the security. Those chains are inefficient data infrastructure, not money. If the native token continues to be valued by an increasing number of users workdwide, blockspace becomes more competitive on L1. I find it hilarious that many of the small blockers who are gladhanding themselves for being right in the blockspace wars are not claiming that the capped op return/no inscriptions crowd are the dangerous change agents in Bitcoin. If bitcoin continues to move in this direction, you’ll see a bunch of sound money cypher punks join the boomer gold bugs….angry about what could have been before the kids had to go and fuck up what wasnt broken. “Intellectual handwaving”, its and IQ test, you wouldnt understand…..fuck off. My money, my node, the ruleset I choose, and if enough people agree tbe longest chain wins.
💬 8 replies

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Replying to: bd88998c2bb4…

Replies (8)

rieger_san24d ago
🫣
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Clayton24d ago
Don’t let one wrong lead to another. Don’t change bitcoin.
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00x2F9E24d ago
Nice word salad
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Chris24d ago
Not the longest chain, the chain with the most proof of work! There is a difference.
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Branca24d ago
Oh wow well said!
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Iihsotas24d ago
Creating a rule that is easy to bypass but makes the bypass more damaging to the network is a failure. I choose a Large prunable data volume over utxo bloat from a bunch of smaller spam transactions. I also choose not to signal to the state that consensus can be changed by a small group over legal fears. It’s a bad look, but at heart Luke is a statist so it is no surprise.
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@IsabelSydow Queen of Shrimps (but u can call me Dan.)23d ago
well, in all honesty ... try approaching me during certain days of the month & for f*cking sure I am a dangerous change agent...
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Tauri12d ago
> If bitcoin continues to move in this direction, you’ll see a bunch of sound money cypher punks join the boomer gold bugs….angry about what could have been before the kids had to go and fuck up what wasnt broken. I can see myself doing exactly that if BIP110 somehow fails. I’m not interested in Bithereum or any other shitcoin.
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