gsovereignty's avatar
gsovereignty
gsovereignty@nostrovia.org
npub1myge...sn5p
🇭🇰 Hong Kong ⚒️ Nostrocket 🎙️Nostrovia podcast 📺 Bitcoin vs The State: the four phases of war https://youtu.be/X_xgmVLyB94 🧡 Sovereign Engineering Cohort 01 💜 Peak of pull-request comedy career: https://github.com/diem/diem/pull/83 nostr.dev nostr.rodeo
gsovereignty's avatar
gsovereignty 8 months ago
In the 2013 and 2017 cycles, major projects hyped themselves as "better than bitcoin" in some way, with a side dish of "blockchain but not bitcoin" from some of the more bone headed institutionals. In the 2021 cycle, pretending your project was "better than bitcoin" just made you look stupid and/or arrogant. The market moved on to yield, collectables, and memes. But I've noticed things have come full circle in the 2025 cycle. Where projects used to compete *against* bitcoin, they now compete *for* bitcoin. The focus is on integrating bitcoin with bridges, sidechains, etc, and "defi" seems to be showing the early signs of capitulating to "bitcoinfi". None of them are doing it properly yet, but my instinct tells me the 2029 cycle will bring some bitcoin level maturity to the crypto space, which will become primarily focused on bitcoin denominated revenue.
gsovereignty's avatar
gsovereignty 8 months ago
The ego wants to survive, but the soul wants to live.
gsovereignty's avatar
gsovereignty 8 months ago
Prompt: a hammer and sickle in the style of the Nike logo, with the slogan "don't do it"
gsovereignty's avatar
gsovereignty 8 months ago
What was your original face before your parents were born?
gsovereignty's avatar
gsovereignty 8 months ago
Everyone else is just a slightly different version of you.
gsovereignty's avatar
gsovereignty 9 months ago
Born too late to explore earth, born too early to explore space, but born just in time to explore fucking AI slop.
gsovereignty's avatar
gsovereignty 9 months ago
It's good to see some serious competition to core even though it's ramping up in response to a non problem. Mempool is simply a transaction marketplace, it needs to offer parity with consensus rules or it will be obsoleted by a market that does. Developers and miners and the overwhelming majority of node runners have no hard power over the protocol anyway. Hard power lies with the set of people who run a node AND receive bitcoin in exchange for something else. Since we bitcoiners produce close to 0% of the products and services in the global economy, bitcoin is acting as a financial instrument within the fiat economy and NOT as an alternative to it. Hard power over the protocol mostly lies with financial players like exchanges, ETFs, and companies like microstrategy, because they receive (and validate) the most bitcoin in exchange for something else (a bit of paper, a trading account balance, etc).
gsovereignty's avatar
gsovereignty 9 months ago
The biggest risk you can take is not taking any risks.