Economic Nodes flex their power in hard fork situations. In between they are just nodes.

Trump threating Norway: ".....give me the peace prize or else...." Classic

@hal can you post this link after bitcoin hits an all time high priced in gold ounces?

Stay Humble Stack Sats Also, work and produce something valuable

AI will usher in a bitcoin standard. Not due to *promised/speculative* productivity gains, it will be the opposite: ✅govt promoted fear (AI nation state race) + ✅VC-bros/suits/fiat speculation The resulting money printing will be at a scale never thought possible

Life is short and precious:

Proof of work limits spam. POW as utilized by bitcoin solves consensus without an authority. Add in the difficulty adjustment with POW and the system can emit coins without seigniorage = slower/fixed and fair coin emission. Requiring Fees to transact + creating competition (blk size limit) "slows down" transaction rate and places a cost (just like filters) to move/spend your saved-work/coins. You have to have SATs to play. SATs only have value due to the POW-DA design. SATs are pure POW and will be the best neutral uncorruptible filter.

Not a crazy set of guiding concepts/principles: 1.) Limit utxo growth (via block weight constraints, and by avoiding creation of utxos that would be uneconomic to spend) 2.) Prefer that transaction data be prunable rather than potentially permanent (eg, better to have a 20-32 byte hash in the utxo set and a 160 byte x-of-5 multisig script in the scriptSig or witness, than to have the 160 byte x-of-5 multisig directly in the utxo set; this is the main justification for why witness data should be discounted vs output data) 3.) Limit block validation time to the ~1s range (on a block whose txs have not been seen before, on reasonable hardware) 4.) Limit maximum block size growth to ~4GB/week (ie, the worst case from having a 4M weight limit) 5.) Optimise validation and relay of blocks with txs that we have seen before as much as possible 6.) Allow anyone to create any sort of scripts they like (via p2sh, p2wsh, p2tr), within the limits of what you can conceivably do with script opcodes, and without causing excessive validation costs 7.) Encourage people who want to use the blockchain as an anchor for their data to store commitments in the blockchain rather than the actual data 8.) Allow miners to occassionally generate excess profits by mining non-standard transactions that violate relay rules but comply with consensus rules

Shout out to any plebs who went hard stacking Spring 2021 and Fall 2021.... max pain... HODLn is a bitch