Core made a mockery of Bitcoin policy standards and has undermined the usefulness of policy entirely, so now we’re stuck having to make a change to consensus.
What’s next? Will the 100kb Tx Size Policy Limit will come under attack?
Will Core remove that policy limit?
Point of Clarification:
The 100kb “limit” is not a consensus rule. It’s just another consensus policy standard limit.
Technically, we can all make a mockery of policy limits and get rid of all of them on our nodes.🤡
But that would be ReTodded.🤡
Bitcoin is Money. Filters up.✊🏼🫡
If Core was remotely serious about “matching Bitcoin policy with consensus” then they would have proposed lowering consensus limit to something very close to the Op_Return policy limit, not raise the policy limit to the higher 100kb consensus limit.
Directional signals matter.
Stay Humble + Stack Sats + Run a Bitcoin Full Node > 100kb Op_Returns + Inscriptions + Go + Chess + Poker + BitVM + Citrea
Filters up. ✊🏼🫡
Normalizing large Op_Returns and Inscriptions on Bitcoin is the single worst strategic vision for Bitcoin I have ever heard in my 12+ years as a HODLer.
1 BTC with Spam Mitigation > 1 BTC with Spam Proliferation
1 BTC + Spam Mitigation ≠ 1 BTC + Spam Proliferation
1 BTC + Spam Mitigation > 1 BTC + Spam Proliferation
Bitcoin with Spam Mitigation is higher quality than Bitcoin with Spam Proliferation.
Distributed Authoritarianism
Visibility Into the Mempool
Your Node Doesn’t Matter
Accurate Fee Estimation
It Was Already Possible
Filters Are Censorship
Incentive Compatible
Just Go Run Knots
Filters Don’t Work
Tolerant Minority
Knots Isn’t Safe
What is Spam?
Interesting to look at Bitcoin’s purchasing power performance during Repo Madness last time in September 2019.
6 months after 2019 Repo Madness began, The Fed was printing Money with reckless abandon after Covid lockdowns in early 2020.😳
Food for thought. Filters up. ✊🏼🫡
The fee is one filter that gets enhanced by all of the other filters that have been in place for over a decade and made Bitcoin what it is:
21 million cap
10 minute difficulty target/PoW
A small Block size limit
Narrow Op_Return limit 0-83 bytes
Strong Social filters
Et cetera
The inflation bug was valid before Satoshi invalidated it.
There was no block size limit until Satoshi created a block size limit to protect the Network from DDoS/Spam.
When there are problems with Bitcoin, we have to address the problems.
Filters up. ✊🏼🫡
Spam pollutes Bitcoin’s natural habitat.
You’re literally destroying Bitcoin’s native environment when you dump toxic Spam on it.
The road back to Fiat Clown World is paved with the DickButts & Dev Slop of ignorant and malicious people.
Your “subjective value” doesn’t justify dumping toxic Spam on Bitcoin.
Bitcoin is Money. Objectively.
If you don’t like that, then fuck off.
But if you know, you Knots.
Filters up. ✊🏼🫡
Interesting to look at Bitcoin’s purchasing power performance during Repo Madness last time in September 2019.
6 months after 2019 Repo Madness began, The Fed was printing Money with reckless abandon after Covid lockdowns in early 2020.😳
Food for thought. Filters up. ✊🏼🫡
Inscriptions fizzled out, and I was mostly minding my own business until Core and its supporters decided to normalize super sized Op_Returns on Bitcoin via Core v.30.
The opposition to Core v.30 is a Self-Defense Movement.
If you know, you Knots.
Filters up.✊🏼🫡
I want my Bitcoin purchasing power to go higher.
No one can explain how Spam and Creeping Filtration Relaxation helps my Bitcoin purchasing power go higher.
At some point, Bitcoin holders and miners need to wake up and defend their purchasing power with best effort.
Unnecessary data on Bitcoin makes Bitcoin less secure by making it unnecessarily harder to run a full node.
It's not hard to understand.
Datacarrier = 0
Filters up.
How to enhance Bitcoin’s fee filters and purchasing power? Let me count the ways.
21 million limit - Enhance
10 minute difficulty - Enhance
Block size limit - Enhance
Dust filters - Enhance
Build small blocks - Enhance
Raise minimum fees - Enhance
Datacarrier = 0 - Enhance
Inscription Filters - Enhance
Ignore Bare Multisig - Enhance
Ignore Fake Pubkeys - Enhance
Sound Money is virtuous.
Bitcoin is Sound Money.
If you don’t like virtues or Sound Money, then GTFO of Bitcoin and go use the Fiat Shitcoins… there’s plenty of those to choose from.
But there’s only one Bitcoin.
Filters up. Run Knots. ✊🏼🫡
Sound Money will always be Bitcoin’s dominant strategy.
There is no second best dominant strategy for Bitcoin.
If you know, you Knots.
Filters up. ✊🏼🫡
