Bitcoin layers got me bullish.

I didn't start off a Bitcoin maxi. I just eventually realized, the maxis were right.

Few have the realization, spending money without having money is monetary expansion. This is what happens in fractional reserve systems, and American banks been operating without reserve requirements for years now. In fact, few even admit that monetary expansion is the leading cause of price inflation. Supply chain crunches are often blamed, but are resolved over time as prices are allowed to rise. Commodities generally have elasticity of supply, meaning, more is eventually produced when the price goes up. Corporate "greed" is another excuse I've heard, but that goes by another name: fiduciary responsibility. Besides, it's easy to make record profits when there is record inflation. These facts are obvious in hindsight to anyone willing to humble themselves enough to learn, but... Such humility often misses those with high time preference. Few.

RGB will replace DMV

SVB = BSV coincidence??

The RGB 0.10 release is going to be huge. Not only will RGB be a fully-featured generalized smart contracting platform, far beyond just tokens, these are the final breaking changes, meaning, the road to mainnet is now clear. We're on the home stretch, folks.

GitHub

Release RGB Core v0.10 beta 1 · RGB-WG/rgb-core

What's Changed WASM support in #142 AluVM RGB runtime environment with RGB op codes Support for compiled type systems in Schema Support for dedica...

Satoshi has something nobody in his position had. Truly genuine selflessness. To give us a work this great, and then... Disappear.

I'll make three predictions: 1. Bitcoin will not only come to replace all money, all forms of value will be settled on Bitcoin. 2. Satoshi came from another world to give us Bitcoin so humanity can enter a "digital golden age" and reach the stars. 3. Considering multiverse theory; all conscious life inhabits a universe in which they are alive, and as such, what we call an afterlife exists.

If it uses a blockchain, it's still an L1. At best it kicks the can down the road, and at worst, it's a scam, a distraction, and a waste. Only one blockchain is needed for all of humanity in all of the solar system for all time so long as we use distributed state that settles on L1, such as LN payment channels and RGB20 tokens.

oof. Got tagged in the hellthread. #[0]​ wen "remove yourself from threads" in #[1]​?

Bitcoiners want the protocol to ossify, be stable, and change very little. And then sincoiners think, oh, then there's no need for devs on Bitcoin, they don't want to change and innovate... But that's completely ignorant of all the apps being built to lower barriers to adoption. This includes wallets, layers, nodes, servers, frontends, web apps and mobile apps, and associated hardware for all of those. Just because they don't come with their own sincoin listed on CoinGecko doesn't mean it's not bringing value to Bitcoin. Bitcoin software, hardware, and businesses *are* the "total value locked", and because the protocol is stable, it's a solid foundation for devs to build upon. What's silly is when Bitcoiners feed back on that, thinking, oh, we don't need Bitcoin devs, when in fact, we do.

Just finished the last upgrade I plan to do for a while on my desktop today. Documented here: https://pcpartpicker.com/b/hpmkcf

I just got NIP-05 working on btcfur.com! If any furries here want to join me and #[0]​, DM me here and I can get ya added.

The MuSig2 BIP authors have requested a BIP number. We'll probably be discussing this at the next BitDevs:

GitHub

Add BIP MuSig2 by jonasnick · Pull Request #1372 · bitcoin/bips

This PR adds a BIP for the MuSig2 protocol. We, the BIP authors, posted an initial draft version to the bitcoin-dev mailing list in April. Since th...

It's the specification for efficient Schnorr multisigs using Taproot.

To fully prevent MEV, you need a UTXOs-based system, and also you need transaction privacy. Bitcoin, Lightning, and RGB solve for this. Distributed state using off-chain, layered approaches like LN and RGB lend privacy by default, and also protects against hot contract exploits. And miners cannot extract value if there are no blocks to be mined, or if the token transfer state transitions aren't kept in the blocks.

Forget unobtanium, interstellar travel, and big blue cat-people, the least believable thing to me in Avatar, to the point where it breaks me out of the movie, is that dollars haven't hyperinflated by the year 2150. They're lucky a Big Mac doesn't cost $20 million.

Bitcoin *is* RGBCoin, sats are the fee token. Few understand.

I think I'm a recovering smart watch user. It's just such a huge relief to not be bothered by notifications and such all the time on my wrist. I'd stopped wearing mine, but I like having the time on my wrist. So I got a reasonably-priced Titanium Citizen watch, and now having something on my wrist is almost giving me... Reminders of how stressful strapping reminders to your wrist all day really was. I'm growing out of it, but jeez, people just don't realize just how much tech has come to impact our lives...

As of 778277, we are 1.1735 years from the next halving.