I suspect Bill Gates is part of an operation to move the Overton Window. It's now acceptable to say "climate change is a serious problem but isn't existential."
npub10vlh...sp42
npub10vlh...sp42
FIRE is cringe.
Too many people are assuming the dynamics of a soft fork will play out the same way it did in 2017. That is, a soft fork starts, but to prevent wipeout, one side or the other makes it a hard fork.
But because of what happened in 2017 and in 2018, particularly with respect to all those hard forks most going to 0, we're not getting a hard fork. Neither side is going to be so stupid as to do that and relegate themselves to obscurity.
No, it's going to be far more intricate and complicated and disruptive. Or seeing the possibilities, one side will cave.
Either way, you're probably not going to get an x% dividend.
Live with Tone and Bob Burnett on the Core vs Knots debate:
A lot of problems solve themselves. Sometimes doing nothing is the right move. Kinda like holding.
For free subscribers: Bad Physics, Yes Kings, Chinese Progress, Birth Control and Fertility, Talking with Guy Swann and more!
For paid subscribers: TROPIC01, Arkade, MPFlow, CZ Pardon, BPI New Head and more!
#Bitcoin Tech Talk #472
Bitcoin Tech Talk #472
Interesting Stuff
Pro tip for jetlag: coffee and pushups
Lugano gets the largest percentage of Bitcoiner wives to travel.
Lugano is more beautiful when it doesn't rain.
People are not good at compartmentalizing their feelings/beliefs/mindsets.
Your life will get much better when you stop seeking the approval of toxic people.
The best investment besides Bitcoin in the coming years is children.
With the low birthrate, they'll have much less competition and with sound money, they'll have much better opportunities.
For free subscribers: UN Wastefulness, Decentralized Fiction, Nursing Home Economics, Poastocracy, Starting Strength and more!
For paid subscribers: Compact Block Relay Bandwidth Test, Anti-Large ScriptPubKey Soft Fork, lndnotify, 1M BTC Treasury Hoard, Petrodollar System is already ended and more!
#Bitcoin Tech Talk #471
Bitcoin Tech Talk #471
Interesting Stuff
I hate how the CSAM talk distracts from the obvious:
Changing the default from 80 to 100k is reckless and unreasonable.
Allowing multiple OP_RETURNs has no real use case.
0.1 sat/vbyte is completely arbitrary.
Bring beauty back
Live Stream with Adam Back and Tone Vays:
https://www.youtube.com/live/9p_OBGQityg
The biggest obstacle to a peaceful inner life is entitlement. Why? Because the biggest reason you get angry is when someone takes away something you think you have a right to. The more you think you're entitled to, the more angry you will get. If you think you "deserve" health or wealth or a beautiful spouse or whatever and don't get it, you will be angry.
But if you're grateful for what you do have and don't take them for granted, you will be much more positive and less angry.
Simple to understand, hard to practice.
Bitcoin Treasury Companies have a similar dynamic to VC funds. Anyone investing essentially has to trust the executive team, who get paid whether the fund does well or not, though obviously much better if it does well. The secret to VC funds is that the Venture Partners get their 2% management fee regardless of what happens. Seems like that's what's happening with BTCTCs.
I like the asset that they're holding, obviously, but the risk-reward just doesn't seem worth it, given what amount to taxes on any gains and the fees/executive compensation that all get paid by the investors in the end. Even if I weren't morally opposed because of the fiat expansionary theft on which all these companies operate, I would stay away.
Property Rights > Free Speech