Bitcoin is not just better money; it’s better than money. 🤯 *If bitcoin was only money Satoshi would not make [an] inscription style text manifesto in [the] first block* View quoted note →

*Wealth extraction is not possible at scale on the Bitcoin network. Wealth extraction is a phenomena within centralised systems where insiders have an edge over other participants.* View quoted note →

Bessent: The Fed’s new operating model is effectively a gain-of-function monetary policy experiment. Overuse of nonstandard policies, mission creep and institutional bloat threaten the central bank’s independence. The Fed must change course. Its standard tool kit has become too complex to manage, with uncertain theoretical underpinnings. Simple and measurable tools, aimed at a narrow mandate, are the clearest way to deliver better outcomes and safeguard central-bank independence over time.

Stacker News

The Fed’s ‘Gain of Function’ Monetary Policy (WSJ, Bessent) \ stacker news

As we saw during the Covid pandemic, lab-created experiments can wreak havoc when they escape their confines. Once released, they can’t easily be...

*Public health operates on two Marxist principles: the greatest good for the greatest number, and the ends justify the means. When mixed with corporate capture, this becomes weaponized collectivism disguised as science. What started as disease control has metastasized into social engineering.* View quoted note →

*Public health isn't medicine, but it's ideology with a stethoscope. The very notion of public health is a political project, rooted in collectivist ideology, that subverts the individual doctor-patient relationship and inserts the state as mediator.* View quoted note →

*“We believe an insidious agenda is being pursued in the name of public health. The use of the coercive power of the state by special interest groups who use health issues for two broad purposes. First public health matters are smokescreen to camouflage self-interested behaviour or what economists call rent seeking… Second, health issues are used to advance an ideological agenda, an agenda which without exception fosters an increased role of the state in every aspect of our lives and in our lifestyles. Every government bureaucrat is inherently an empire builder and fabricating public health scares has become an ideal technique for garnering political support for bureaucratic empire building and increased budgets to alleviate the crisis.”* View quoted note →

*We will create and maintain a civilization more sovereign, antifragile, and just than the brittle cages you called states. You may rule the corpse of the old world. We inhabit the living recursion of the new.* View quoted note →

*Sovereign Stack: The layered arrangement of Energy → Hardware → Network → Protocol → Identity → Exchange → Law/Myth, designed to minimize coercive leverage at each layer.* View quoted note →

*Sovereign Stack: The layered arrangement of Energy → Hardware → Network → Protocol → Identity → Exchange → Law/Myth, designed to minimize coercive leverage at each layer.* View quoted note →

*Bitcoin works not because Satoshi shouts a mission and everybody gets in line, but because the rules are clear, incentives are aligned, and everyone participates voluntarily.* View quoted note →

*"The difference between a bad electronic cash system and well-developed digital cash will determine whether we will have a dictatorship or a real democracy." said cryptographer David Chaum as early as the 1990s. What if he was onto something?* View quoted note →

The point of making it bigger was that some applications want to have a proof of publication for a modicum amount of data (like Lightning does) in case a specific transaction in an offchain protocol is broadcast. This data needs to be in the non-witness part of the transaction, so they can't use the (cheaper and already-available) inscription mechanism. They also cannot use OP_RETURN outputs because of the misguided 80-byte policy limit on those. If they only wanted to store data onchain, they wouldn't be too concerned about policy limits. They could just have leveraged private APIs to miners (as they unfortunately already do for other transactions in their protocol), or even just used Libre Relay. But what they are really interested in isn't to store this small amount of data, is to do so *while using the p2p transaction relay network*. This is why the policy limits were a binding constraint for them, and are not one for people who just want to store arbitrary data onchain regardless of how it gets there. The reason why they want to use the p2p transaction relay network is because their transactions are time-dependant (again, like in Lightning) and the p2p transaction relay network is the best mechanism available today to propagate your transaction to as many miners as possible in a timely manner, while making it hard for an adversary to prevent its propagation. Because they wouldn't give up this property, important to the security of their protocol, they routed around the OP_RETURN policy limit by storing the data in unspendable outputs instead. This method is strictly more harmful to everybody, and it was incentivized by the misguided policy limits on OP_RETURN outputs (which don't achieve anything anymore since inscriptions and since people have started being serious about bypassing mempool policy). Because the policy limit on OP_RETURN outputs was not achieving anything but incentivizing harmful behaviour, Bitcoin Core contributors decided collectively after long discussions to get rid of it.

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Antoine Poinsot (@darosior) on X

@GrassFedBitcoin @OrangeSurfBTC You know why, you're just engaging in bad faith. But i'll repeat the reason for anyone lurking who's not aware. Th...

*The most valuable thing you have is your attention, and that is exactly what is stolen from you every day through television and mainstream media. And remember, if something is free, that means you are the product* View quoted note →

*Nostr’s promise, in part, is that it truly is for the people, by the people. And people are messy. And what nostr is trying to model is messy too. But it's beautiful, and alive, and promising…* View quoted note →

*In a #bitcoin world the young hold the greatest asset - time. The most prudent thing a young person can do is settle, master a craft, save in bitcoin, have a family and enjoy the process of the world collapsing into their store of value.* View quoted note →

*At the time of writing the lift has 8.9m views just on his own channel. With every other snippet and meme and Reddit thread we must be looking at hundreds of millions. There is of course a voyeuristic angle, a fascination with the startling degree of violence contained in that moment. After the lift Hall fainted and went temporarily blind. He suffered internal bleeding and concussion from the force generated inside his own skull.*

Opinion | Deadlifting beef adds unnecessary weight to world of inspirational beefcakes — The Guardian

Game of Thrones star ‘Thor’ Björnsson aims to lift 510kg this weekend but has cast the retired gentle giant Eddie Hall as his nemesis

*the people with the money and the power cannot be relied upon to preserve our rights and freedoms* View quoted note →

*Think like a man of action and act like a man of thought* View quoted note →

*Bitcoin is no longer just a monetary tool. It is the nervous system for a global energy ecosystem. It provides the indispensable layer of accountability that allows a high-trust, highly efficient, and truly sustainable civilization to function* View quoted note →