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obliterator918
obl918@fountain.fm
npub1t67v...zmrs
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obliterator918 8 months ago
6100 for 61! Since Jack Dorsey gets to rename bitcoin denominations I will call this "61 centi-sats." Also, this week's irony: Core merges a highly controversial change blowing up the OP_RETURN limit despite all the NACKs and contention, with no time for consensus either way to form. Then they say this is so that people will stop using the TapRoot/Segwit exploit to do inscriptions and other abuses of the witness data. But do they merge the fix for the inscriptions exploit? No, because that PR is "too controversial." Am I supposed to believe they actually think that people abusing the 75% discounted witness data for their "fun projects" are suddenly going to start paying more to use OP_RETURN instead? Really guys?
Fountain
This Week in Bitcoin • Merged and Divided • Listen on Fountain
Bitcoin Core merges bold and contentious updates; I get into their reasons why. Plus, Inflation eases for now, but the trend is clear. Why we can e...
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obliterator918 9 months ago
The question is, do the Bitcoin Core developers now control Bitcoin? They sure think so -- they've locked discussion and are saying that if you haven't contributed code to Core then your opinion isn't even going to be considered. But Bitcoin is not an oligarchy. Node operators ultimately decide what is appropriate for Bitcoin, not a Core developer. I switched to Knots. Anyone who is monetarily supporting Core devs should seriously reconsider their support.
Fountain
This Week in Bitcoin • Bitcoin Core’s Identity Crisis • Listen on Fountain
A battle is raging over Bitcoin’s future—should it stick to finance, or allow data of all kinds? Inside the debate over blockchain limits, and ...
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obliterator918 9 months ago
Last week Fountain didn't get my boost through to you so I am doubling up this week and sending two. This is not the first time I have had to try a boost a second time to get it through Fountain. This week you asked what we think about buying bitcoin-adjacent stocks. Personally, I think one of bitcoin's strengths is that it doesn't have a CEO. Does bitcoin become better when you add a CEO to it? As much as I like Mallers and Saylor, the answer for me is an obvious NOPEY McNOPERSON. Mallers' promise to increase bitcoin per share is interesting, but in the end, I just don't see why I would buy one of these stocks when I can hold the asset myself.
Fountain
This Week in Bitcoin • Strategy Meets Reality • Listen on Fountain
Markets quaked, tariffs tanked, but Bitcoin’s wide awake. Big strategies meet harsh realities as new heavyweights storm Bitcoin’s corporate sce...
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obliterator918 9 months ago
Just a little Boosty McBoosterson to say that while I agree that we don’t need to worry about mining pools attacking the network, for the obvious reason that they have no incentive to destroy the value in the system, there are still entities out there who might just want to do exactly that. The same governments who can print money to buy mining hardware just may decide that it’s a good investment to destroy fiat’s only real competition. I don’t necessarily think this will happen, but, it’s a possibility.
Fountain
This Week in Bitcoin • Strategy Meets Reality • Listen on Fountain
Markets quaked, tariffs tanked, but Bitcoin’s wide awake. Big strategies meet harsh realities as new heavyweights storm Bitcoin’s corporate sce...
 View quoted note →
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