ghost of mordoria's avatar
ghost of mordoria
npub1rhfs...xf7n
It's bizarre that anyone could be proud and not ashamed of this: These are 8 people, probably being overpaid and enjoying enormous status for being "Bitcoin Core developers", being invited to all the luxurious events with the powerful psychopath rulers of the world and perhaps pledging allegiance to them. Yet what do they have to show for that is worth their full-time assignment? Bitcoin price at the same level it was 5 years ago, fees at almost an all-time low, but oh, they have added some more tests to the codebase of a node software no one runs except big custodians (which, by the way, are now their preferred way of scaling Bitcoin usage going forward). They also left comments on changes made by others that migrate code from one file to another or add a test.
Congratulations to all involved: image Bitcoin fees are now at a ridiculously low point. And very few people seem to care.
Bitcoin stagnation is such an obvious problem that even Erin Redwing is starting to see it: "I don't want to look back 10 to 20 years from now when everything has gone to shit and think there were signs that I just ignored" "It’s 2026—and I’ve been hearing ‘it’s gonna be fine’ the whole time" "right now we've got like a little over three Bitcoin block reward next it'll be like around one and a half... - Is your point that fees won't replace the block threshold? - Yeah, that Bitcoin won't be being used, they've made it such that no one wants to develop anything here." Although you can see that "the true believers" like Casey Rodarmor still have a bias towards thinking everything will be ok and that Bitcoin is fine as a "store of value". Eventually they will realize too. (taken from
This thread is a ridiculous portrait of Bitcoin "scaling" techniques: just use a custodian! No, not that custodian, this custodian. It works (so far). Better move your funds elsewhere. View quoted note → Imagine if we were dealing with someone's real money and not just a bunch of nonsense zaps? Can we really be serious that this is the Bitcoin that billions will be introduced to in the next years? Or has everyone given up that already?
https://fountain.fm/episode/GG2wzpRaUXeWN3XTproB This woman doesn't let Pieter Wuille talk, and of course he isn't great with words, but this was a good episode. In the end, however, he spells out clearly the reality most Bitcoiners aren't willing to see: there is no prospect in Bitcoin for miners to be paid in the long run. Bitcoin is scaling via ETFs and other custodians, there will be no fees. A change is needed immediately.
There is so much cope in this it's hard to describe: > We started by looking at why mining is under so much pressure right now. The industry is getting a brutal and much-needed reality check. Fiat-fueled operations are feeling the squeeze, and it’s a reminder that if you aren't building on a foundation of hard money and efficiency, the market will eventually push you out. Bitcoin suffers from a severe issue of total lack of fees and failing to live up to its NGU ambitions, and now a bunch of retarded podcasters who never risked a dime in their lives are lecturing miners about their "much-needed reality check" and the "forces of the market", as if no one knew that, Jesus Christ. What about this note about Swan Bitcoin: > the ugly reality of trying to scale in a corporate world that’s already been bought and paid for Of course Swan Bitcoin sponsors this podcast, and of course they don't need a "reality check", in the case of Swan, a huge business with very suspicious activities, they are the underdog in a "world that's already been bought". One day "Bitcoin has already won", the other no one has a chance because your sponsor is failing.
where are all the lefties being canceled on bluskey if they're not joining nostr?
I just opened a new youtube account and the video suggestions are so horrible, absurd, I don't know how civilization is holding up