No there will be no Hodl fee. We don't need socialism for miners in bitcoin. Sorry if you can't figure out how to run a profitable mining company but that's not the Hodler's responsibility.

Saylor wants you to keep loving Fiat.

New 4 year global liquidity cycle beginning as rates start getting cut all over the world. Buckle up.

No developers are not the biggest threat to bitcoin. They simply write code you never have to run if you don't want to. One of the biggest ACTUAL threats to bitcoin right now is miner pool centralization and hardware centralization. Bitmain still controls >50% of pool HP and >90% of ASIC hardware.

"Covenants don't exist" - Andreas Antonopoulos 🤦‍♂️🤦‍♂️🤦‍♂️

X (formerly Twitter)

Eric Wall (@ercwl) on X

A much missed voice @aantonop weighs in on the covenants discussion (28 May 2024) Thanks @liminalcustody

Really not sure why people are even associating facebook's "move fast and break things" with bitcoin. Developers working on internet protocols like bitcoin DO NOT think this way and NEVER HAVE. They understand the difference between a website and a protocol, unlike most folks out here it seems.

Saylor's message is not "bitcoin should not change" or "bitcoin should go slow and steady". No. It's "bitcoin should not incorporate any new changes from these central planners called bitcoin core who don't understand the implications of their actions". And that is dangerously close to Ver's messaging that caused a civil war.

Saylor finally comments about development on the new WBD podcast and it isn't great. Props to Peter for the constant pushback because Saylor fumbled hard. I really got sick of him conflating open source development with government, and I really really got sick of the hyperbole of adding numbers to our numerical system and finally I really really really got sick of him constantly insinuating bitcoin developers don't know what they're doing. This guy is bad news for bitcoin development.

Surprise! Brian Armstrong still hates bitcoin.

Maybe crazy to say but I don't see bitcoin going below 50k ever again and the lows are most certainly in for the year.

Gotta love it when the CEO's own devs have to constantly educate him in public.

Bitcoin is 15 years old and that's not even the main reason why "Bitcoin Season 2" is extremely cringe.

Udi and friends can posture on twitter all they want. Soft forks require economic majority of nodes to run. If we do get CAT at all it will likely be in the GSR but severely neutered. And that's if we can even get the GSR through which would be years from now.

The lightning network doesn't go down, coinbase services go down.

Want to build a decentralized market using bitcoin instead of altcoins? Here you go:

Axiom

The Bitcoin Stack — Axiom

Decentralized Order Books as a Framework for Decentralizing the Internet