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Matty O on 🔥 lately.
LMAO
He's only active on Twitter not nostr, what could you expect?
Saylor out here trying to explain corporate engineering dividends to a guy who helped lay the cryptographic foundations of the entire network. The Larry David music was the only logical outcome. 😂
fiat engineering at its' finest
Legendary levels of awkward silence. You can actually hear the corporate finance colliding with cypherpunk reality.
View quoted note →
No bitcoiner would centralize 800k bitcoin into coinbase.
don’t try


lol lol lol lol lol lol
We call this a fiat rug pull


Perhaps beside the point, but that Adam Back robot in the background is a bit creepy.
I hate that fucking cough noise he makes like he’s trying to load up the next retarded analogy from his AI bot in his neurallink
How long until we find out Saylor is a pedo?
Fucking A
He did say you have to wait to get rich.
Oh dear
Society is a cult built around a grift.
To break from the host cult and its grift, you need a new grift.
The funniest part is that Adam Back is the bigger clown in this frame.
Ouch
That face of Adam Back. 😂
I'm in 😂
Saylor always bringing that absolute signal! No noise, just pure conviction. Thanks for sharing this piece of wisdom, Odell! ⚡🙌
What could possibly go wrong?
Side to side with pedo Andy hahahah.
TLDR: Andy Back is full of shit. Core are corrupted and compromised. A very nice long read!
By @Beautyon_
The claim being made here is that Bitcoin Core's development uses an "IETF-like consensus process," presented specifically as a reason the OP_RETURN relaxation in Core v30 should not be second-guessed by plebs.
The claim is very subtle, and partially uses the appeal to authority as thrust, but it's fundamentally wrong in the end.
IETF codifies its process in published "Best Current Practices"(BCP 9, BCP 25 and related RFCs).
The motto is "rough consensus and running code." Critically however, rough consensus is not unanimity and explicitly does not grant objectors a veto. A minority that has been heard and answered can be overruled however, so the mere existence of objections never, by itself, defeats consensus.
Beyond the pithy slogan, the legitimacy comes from procedural machinery not slogans: working groups chartered with a defined scope; a neutral chair who is responsible for judging whether rough consensus exists and documenting why; formal Working-Group Last Call and IETF-wide Last Call periods of fixed duration; IESG review where Area Directors can lodge a blocking "DISCUSS" that must be resolved; and a multi-level appeals process (chair → Area Director → IESG → IAB) on both technical and procedural grounds.
Take note that the people advocating a change are structurally separated from the people who declare that consensus has been reached, and any such declaration is contestable.
OP_RETURN's size cap (the ~80-byte default and the one-output-per-transaction default) was never a consensus rule. It was relay/standardness policy of what a default-configured node will accept into its mempool and forward, not what is valid in a block. Miners could already include larger data, and users could already change the setting in the bitcoin.conf file.
The v30 change removed those default limits (relaxing -datacarriersize / -datacarrier and the multiple-output restriction), making large and multiple OP_RETURN outputs standard by default. This is the controversial move, in addition to the planned eventual deprecating of the lever itself, cutting off user choice entirely.
The mechanism to do this was am ordinary GitHub pull request reviewed by via ACK/NACK, with maintainers alone deciding when "sufficient" review existed to merge. This was a small group of insiders who were provably hostile to outsiders and who would brook no interference in their unilateral decisions.
The myopic technical argument for it was that the limit was trivially bypassed via out-of-band submission to miners, and that it pushed spammers toward fake spendable outputs that permanently bloat the UTXO set, whereas OP_RETURN is provably prunable. This of course ignores the demonstrated side effect (bCash, that increase this parameter and got flooded with porn) that the unpruned database would be absolutely be increased in size without a proper reason, with non financial and illegal data. That is the argument against: it normalizes non-financial spam, exposes node runners to legal risk, and changes Bitcoin's character, and was merged over essentially correct, large-scale objection, hence there was no consensus.
The ethos attributed to Bitcoin Core genuinely rhymes with the IETF rough consensus rather than voting, emphasis on working/tested code (however, confirming code in a test script is not the same as running it in the human context of a live financial network with financial incentives to spam), open participation (in Core's case this is obviously not true, as they delete opposition), public archived discussion (also not true, as they change the history by censoring and deleting input from opposing voices), and Back's implicit corollary is correct on its own terms: in a real and actual IETF process (which is not what Core has), NACKs and a stream of GitHub thumbs-down would not automatically block a change.
The naive critic's syllogism ("there were objections, therefore no consensus, therefore illegitimate") misunderstands the IETF as much as it does Core. To that extent, Back has a defensible point and the thing he's mocking, treating disagreement as a veto, is not how the IETF works either.
Where the analogy breaks, and breaks precisely on the dimension he invokes, is the IETF's legitimacy is not in the slogan but in the machinery around the slogan, and that machinery is almost entirely absent in Core.
In Core there is no neutral chair whose job is to adjudicate and document whether rough consensus exists; the maintainers who merge are the same population advocating the merit, so advocate and arbiter are fused; an obvious and blatant conflict of interest.
There is no chartered scope, no formal Last Call window, no IESG-style blocking review by a separate body, and most importantly, no appeals process, all of which would have avoided the current situation, but which were explicitly rejected by Core.
Core is essentially therefore, a dictatorship in IETF clothing.
In the IETF the assertion that, "this was declared consensus improperly" is itself a reviewable, appealable claim. In Core, that same complaint has no procedural avenue; the only recourse is exit; running Bitcoin Knots or a custom config.
That exit option is also weaker than the IETF equivalent, because of a category difference Back's analogy elides.
IETF outputs are voluntary specifications; an implementer who dislikes an RFC simply doesn't implement it, with no effect on anyone else.
A Bitcoin Core relay-policy default has emergent, very serious, even lethal network-wide consequences; what the bulk of the default-configured network relays and what therefore reaches miners. This is a known emergent behaviour once again, thanks to the experiments run by bCash, where the predicted outcomes of increasing OP_RETURN have already been seen.
"Run different software" is a real safety valve, but it is not the clean, consequence-free opt-out that ignoring an RFC is.
On the consensus controversy specifically, this is where the claim is at its weakest and most threadbare.
The real defect is who overruled the community and by what reviewable procedure; in fact there was no procedure in place. In the IETF, overruling a minority requires a neutral party to declare rough consensus, give reasons, and expose that declaration to appeal.
The OP_RETURN merge had none of those features. So invoking "IETF-like consensus process" to defend that particular decision selects the one comparison the decision least satisfies: the IETF's distinctive contribution is exactly the neutral consensus-call-plus-appeals apparatus that was missing here.
The fact of the matter is that the parts of the IETF that are genuinely consensus-process (neutral arbitration, last call, appeals) are the parts Core deliberately lacks, and the parts Core shares (rough-consensus ethos, running code, open lists) are the parts that don't, by themselves, resolve a contested "was there consensus?" question. Back therefore can't invoke IETF in the way that he does, attempting to transfer the credibility of the IETF to Core by Meme Magic, because Core does not share the IETF's essential attributes and processes.
Back is partially correct as a very rough and ready, Social Media influence attempt ethos analogy but it is fundamentally incorrect, and materially overstated as a description of governance structure, and the OP_RETURN case is close to the worst example he could have chosen to anchor the claim, because the controversy turns on the absence of precisely the IETF features that confer procedural legitimacy.
The OP_RETURN inclusion process was illegitimate on its face therefore, and this cannot be argued against cleanly by invoking the IETF.
Core's process is better described as maintainer rough-consensus with exit-by-forking than as IETF-like. It shares the IETF's slogan, but that is simple Virtue Signalling; it does not share the IETF's separation of powers, neutral consensus determination, or appeals. Which are the important parts that make the IETF actually legitimate, and not just appearing to be legitimate.
The Core Conspiracy, which it can be rightly called because a small number of people and corporations literally conspired to increase OP_RETURN, cannot be transformed into something legitimate by simply comparing it to something that is actually legitimate.

View quoted note →

sounds legit
Squeeky and zombie
It's a free and open protocol, so everyone gets their own vision of how Bitcoin should be used. Saylor has his, BlackRock has theirs, you have yours, and Odell has his. None are inherently wrong.
But here's the part that doesn't track, the same crowd constantly preaching 'you do you' and 'stop whinging about what others are doing' is the first to call everything that doesn't pass their purity test a scam, a lie, gatekeeping, or a psyop. Saylor and BlackRock didn't force anyone, there's a reason they've been so massively popular. People like their products. End of story. No one held a gun to retail or institutional heads, millions voluntarily handed over their money because they see upside with real exposure to Bitcoin.
Without that capital and mainstream adoption, we'd likely still be sitting around $20k wondering why nobody cares. The '20k BTC widely spread in perfect self-custody' ideal sounds nice in theory, but real-world progress required big players too.
You do you, and let others do the same without the endless gatekeeping and purity tests. That's how a permissionless network actually grows.
nostr needs it own behavorial panel because the micro expressions of this clip is fascinating.
Why do you think that you are better than @npub15dql...lm5m?
You both are nothing but the clowns for monetary maxi plebs at this point.
One clown is helping to create paper bitcoin and to change the original mission of the bitcoin and the second clown is (directly/indirectly) destroying the monetary property of the bitcoin by funding shitcoin core devs.
I hope btc goes back to $20k so saylor and all his brainwashed lackies will be washed out
Every Saylor clip you post shows me you’re not staying humble and stacking sats.
He looked not very comfortable there, making sure not to nod.
heard he built with AI, how could you go wrong? lol
*Fraud
Better. It’ll be interesting to see if courts agree.


Stashing large chunks with strong hands (institutions, corps) who aren't dumping is textbook bullish - it tightens supply and brings legitimacy, ETFs, and new capital. That's exactly why we're at $60k+ instead of $20k.
Calling it 'selling to the "wrong people" is just purity cope. Bitcoin is for everyone, not just the self-appointed guardians who decide who's "right". No one forced institutions to buy - the market voted.
Saylor stacked through multiple cycles while you sit here praying for a crash to feel smart. The lack of self-awareness is actually impressive.
100% correct.
Time to Slay your heroes
your monies is safu with me 🤥