When AI can solve bitcoin's scalability problem by breaching the blockchain trilemma, then I will start to worry, in the meantime it is just a fad as was the era of using a blockchain for everything.
You have always been a bad actor, time puts everyone in their place.
Bitcoin is two things:
- The network
- the token
The network has to be protected from spam attacks, otherwise the token is no longer usable.
Now you are promoting the removal of any kind of spam filter.
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Bill Gates knows more about you than your wife, your wife doesn't know what you did on September 9, 2020, but Bills Gates know that you were masturbating to videos of midgets.
Use Linux and Librewolf, do it for your own good 😂.
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The cultural struggle against socialism is extremely difficult.
In capitalism you have to tell people to make a living for themselves without state aid.
The promise is that they will have a more prosperous nation.
In socialism you offer people help so that they can live.
The promise is that they will have a more just nation.
In capitalism you receive no initial gift, in socialism you receive an initial gift.
The scientific method knows which of the two options is valid, but human egoism does not.
Tokyo Electric Power Company (TEPCO), Japan's largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, as per reports from Asahi.
https://www.asahi.com/ajw/articles/15397216
Todo los Pacos quejándose de que Amadeo Llados es un estafador pero ningún imbecil se queja de que el estado es un estafador.
Si le pagas al tal Llados no es de forma coercitiva, es de forma voluntaria y en cualquier momento puedes dejar de hacerlo, no ocurre lo mismo con los impuestos.
You wake up, you have no goal, you are a robot, just another day, you just want the 8 hours you will spend in that prison called work to pass quickly.
You arrive at work, nobody is happy, all are bad faces, there is no fellowship because nobody has a goal, everyone wants the same thing, that the 8 hours pass as quickly as possible.
You leave work, you are consumed, you don't feel like anything, simply because you don't have a goal, you don't do anything to take care of your mind or your body.
And so your days go by, until the day of your retirement arrives and you still don't have a goal, you simply stop working like a slave and wait for your death by feeding yourself with drugs.
It's the Fiat world, it's the clown world.
But there is hope, there are people who wake up with a goal, to be free, maybe they get it, maybe they don't, but having a goal in life, a real and tangible goal, changes everything.
#Freedom and #Bitcoin.
Fuck them.
https://youtu.be/DUQS5Sq8NnA
The same thing happened to me, I will always remember the idea when I was listening to music with wireless headphones and I said, why do people still use cable (although I know this is debatable)? at that very moment I thought, I'm an idiot, what am I doing saving in Fiat?
Get it through your head, those of you waiting for a debt crisis will die waiting.
The system was created to run on debt, money itself is debt, the more debt the more the system is entrenched, why would a debt crisis happen?
The system will fail because people will opt for hard money, money that is not debt, like Bitcoin, but it will not fail because of the amount of debt, the system is designed to grow debt.
POW
Proof of work is the basis of every capitalist system.
The proof of work consists of less theory and more facts, face the results of reality.
With the proof of work, the good worker prospers, the good entrepreneur succeeds, and the bad actors fail.
In today's world, that is, in the clown world, there is no proof of work, most trades are useless, people are unproductive, governments confiscate the little real work that people do, and the system rewards bad actors. In clown world everything is facade, everything is farce, look at the social networks, pretend and pretend, look at linkedin, all lies.
Even money is a lie.
Bitcoin is the only way you have to protect yourself from this world, Bitcoin is the real proof of work.
https://m.primal.net/KjLy.png
There is no more real proof of work than Bitcoin.
Securing the Bitcoin network is far cheaper and more efficient than propping up fiat currency.
To destroy Bitcoin you have to use a lot of energy, the energy used in Bitcoin is not wasteful energy, the usefulness of Bitcoin as an uncensorable international payment system is tremendous, and it is much cheaper than central banks supported by their armies.
You Americans have big cars and big houses but it is not because you are harder working than the rest of the world or smarter.
It is because you have the world's reserve currency and you export inflation to the rest of the world, you finance yourselves at the expense of the rest of the countries, imposing your currency through the coercive force of your gigantic army.
Ask yourself why the US has military bases all over the world.
Bitcoin if it would solve this, we are going to compete as equals.
If you want to install knots in start9 here is the package.
Since bitcoin core refused to update the bug that prevents the correct filtering of spam there is no choice but to bet on other clients.
https://github.com/Retropex/knots-startos
Bitcoin follows liquidity cycles, Bitcoin follows power law, or perhaps liquidity follows a power law?
The three indicators I follow are:
The dollar liquidity of the system given by the formula:
$= WALCL - (WDTGAL + RRPONTSYD)
Where:
WALCL = The total assets of the Federal Reserve System.
WDTGAL = The General Account of the U.S. Treasury deposited at the Fed.
RRPONTSYD = Reverse repurchase agreements on Treasury securities sold by the Federal Reserve in reverse open market transactions.
WALCL if it grows gives liquidity to the dollar system because the Fed buys debt (among other things) and pours dollars into the system.
WDTGAL if it grows it detracts from the liquidity of the system because it is the money in the U.S. Treasury's general account that is immobilized at the Fed.
RRPONTSYD if it grows it takes liquidity out of the system as these are operations in which the Fed temporarily sells Treasury securities with an agreement to buy them back later by temporarily taking money out of circulation in exchange for Treasury securities.
The second indicator is the global money supply m2 given by the world's main central banks.
And the third indicator is MOVE, this index measures implied volatility in the US bond options market, similar to how the VIX index measures volatility in the stock market. When the MOVE index is high, it indicates that investors expect higher volatility in interest rates. This can lead to decreased liquidity in the bond market, as investors may become more cautious and less willing to buy or sell bonds in an uncertain environment. On the other hand, a low MOVE index suggests expectations of interest rate stability, which can increase liquidity by encouraging more buying and selling activity.
The perfect storm is for liquidity in the dollar system to soar, money supply m2 to increase and MOVE volatility to decrease.
As we can see m2 is rising, move volatility is falling and when rates fall it will fall even further, we just need the catalyst of dollar liquidity.
https://m.primal.net/KiOC.png
On the other hand, the power law indicator indicates that we are close to the beginning of the next bullish cycle.
Since I do not have enough mathematical knowledge, I would like to know if it is really the liquidity of the international monetary system that follows a power law and not bitcoin.
https://m.primal.net/KiOE.png
Although in both cases the result is the same, bitcoin is a proxy for global liquidity, bitcoin was created to penalize the issuance of money.
In the West you cannot work without the consent of the government, all activities and jobs are regulated and supervised by the government.
Think about it.
Bitcoin is not the complete solution, we have many more problems besides Fiat money.
Agorism is the solution, create economies parallel to the state.
CFTC sends an order against Uniswap's Delaware-based company for allowing derivatives trading (in digital assets) through its “protocol”.
2024 and many do not understand why Satoshi was and is anonymous.
https://m.primal.net/KeHX.png
The democrats, i.e. the global communist left, are trying to censor or close down social networks in all countries, they don't like freedom of speech.
#Nostr
https://m.primal.net/KbyX.mp4
Communism is central planning, it is the total control of the state over the economy and society, if you think that the current state of things is not communism...it is neo-communism, 100% communism but more subtle than classic communism.
What percentage of taxes do you pay?
Do you have freedom of expression?
Do you have freedom?
Are your communications spied on?
Neocommunism
Some blocks are even reaching 7000 transactions, just because you filter spam from ordinals, stamps and brc-20 in your mempool doesn't mean you don't validate the whole block.
This is the average number of daily transactions per block... quite far from your numbers...
I have simply given a tip for people running a node with a minipc to make it quieter, where is the problem?
I honestly don't get your point.
https://m.primal.net/KZLN.png
If you have a bitcoin node and especially in minipcs, you may have noticed that lately the fans plug quite a lot every time a block is validated, because the blocks lately have a lot of transactions.
If you disable in the bios the “Intel Turbo Boost” option it becomes quiet again.
Wake up, the Holocaust numbers are not true, the victors write the history.
Much is said about concentration camps, when all nations have had concentration camps, including the United States.
Little is said about who has been the only country that has used nuclear bombs against civilians.
And now the same people who have been victimizing themselves for centuries are creating their own holocaust.
There are no good and bad states, they are all murderers and thieves.
https://m.primal.net/KYUS.mp4
Remember that whoever denies the holocaust as told by the official version ends up fined or in prison.
Remember what happens to those who deny covid? remember what happens to those who deny the global warming hoax? remember what happens to those who deny the woke ideology?
Do you see the points of union?
The holocaust narrative has been a way to keep Europe morally and economically subdued through guilt and to control a strong Germany.
They certainly succeeded.
You will understand if you are a bit intelligent that I am not defending the Nazis, just unpacking the logic behind the Holocaust narrative and its promotion through film, literature and politics.
The reality if you dig a little, is that even more people died in the Soviet gulags than in the concentration camps, yet no movies are made about it.
If you hate me for what I say then you are not ready for the truth, I guess that's why you are still saving in fiat and got your dose of mRNA.
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Good morning!
Your bitcoin node is your vote, no matter what the miners decide, you decide what to write in the chain, bitcoin is like a living organism that replicates its cells, a node is a cell, the new cells will take their dna from the old cells, from your node, you decide which cells survive, you decide which cells will transmit their genetic material.
If the nodes do not decide to include a certain mined transaction, it does not survive, it does not replicate in eternity. Miners are obliged to follow the consensus, your node has more power than you think.
Bitcoin needs more nodes, it is the best way to protect your bitcoins.
Today's money is based on debt and as debt grows money must also grow to make the debt redeemable.
Few understand this, this translates into all finite assets going up, your money in the bank does not go up, but more significantly Bitcoin is the finite asset that goes up the most.
I have given you the trick to pass you the game.
If you are a true anarcho-capitalist, you will understand that there is no difference between the state of Israel and the state of North Korea, the common denominator is that they are states and all states are murderers and thieves.
https://m.primal.net/KXic.jpg
Anarcho-capitalism is a utopia of maximums, that is, people are not ready for it, if you want to know concrete examples like the ones you formulate I recommend you to read rothbard's libertarian manifesto.
Many collectives advocate that instead of giving subsidies to immigrants they should give them to locals.
No imbecile, subsidies should not be given to anyone.
Bitcoin24 is designed to simulate 21-year outcomes of various Bitcoin strategies tailored for individuals, corporations, institutions, and nation-states. Users can input their own assumptions or adjust the model to explore different scenarios. Saving the file will automatically update the scenario comparison charts in the micro models' bottom section.
Original Contributors
Michael J. Saylor
Shirish Jajodia
Chaitanya Jain (CJ)
https://github.com/bitcoin-model/bitcoin_model?tab=readme-ov-file
Notes by Cyph3rp9nk | export