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Ronin
ronin@nostrplebs.com
npub13thh...wvcs
Bitcoiner. Web developer.
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Ronin 5 days ago
What I can see happening in the future: Quantum threat pushed, Satoshi and other coins frozen. Then we will see a few million coins are in fact permanently lost, then a proposal to print more coins to make up for the lost coins will be proposed, also to pay miners. They will say that it will be just until it makes up for the lost coins, then they will try to make it a forever feat.
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Ronin 1 week ago
bip110 had noble intentions and arbitrary data storage is/can still be a problem mostly because of the discount. I also think Core is rotten and the cure for that is running other implementation. It was clear from the start bip110 activating was unlikely, the fact that it did not doesn't mean bitcoin is captured, it simply did not have enough consensus. Luke wanting an HF is very sus, looks like he wants to make up for his lost coins, also how would that chain act if facing a similar situation? Another HF called by Luke? Bitcoin has problems, starting a clone does not solve the problems. Run alternative implementations, build circular bitcoin economies, get a bit of hashrate.
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Ronin 2 weeks ago
The worst imo was all the larp when the whole dev team was one guy and his alter ego and no good sw practices at all.
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Ronin 3 weeks ago
I stopped advising people to self custody, it's a lot of responsibility, if something happens to their funds its on you, what i do is just explain the options and tradeoffs. Self custody is hard, don't try to fool people, for most people having the coins on an exchange is still the best option.
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Ronin 3 weeks ago
we need better tools to self custody. Things like op_vault maybe could help, maybe covenants idk.