π« happy anniversary bruv! Congrats
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π« happy anniversary bruv! Congrats
A fellow snack connoisseur π«‘ Hahahaha
Nice try Fed
β‘β¨π€ Hopefully the word spread and helped people.
Lol PAYS FOR ITS SELF
The narrative war. I was agreeing with you
Narrative war. Been saying it for years. Bitcoin is less decentralized than most think. Huge resources will be spent to push for control of narrative. Lock in plebs... This could be wild.
πΆβπ«οΈ
I'm struggling to watch this unfold. Holy fuck
Perhaps. Hard to say. Just hope it doesn't become like the past... "Why hold your own Gold when you can deposit it for an IOU Bank Note?" --> "We'll even pay you deposit interest!" --> "Oops... We are exchanging your Gold to the Feds, cuz it's the law now... but just keeping using the pieces of paper!" --> π£ "Just buy our stock/ETF/token/IOU (MSTR, NAKA, STRC...) ... L1 is too slow/expensive/risky" --> "You don't need to access the real thing. Just use the derivative." ---> "Node running is expensive and self custody is risky." π€πΆβπ«οΈπ³
π£ lately all I keep thinking is humanity isn't ready for Bitcoin. It's waaaay too powerful of an idea to have decentralized "for the plebs" type of p2p money. Far too much power and responsibility. Derivitivies, ETFs, Digital Credit, Bitcoin Loans, Shitcoins, Stablecoins, FedCoins, Custodians, Exchanges, KYC, Institutions etc. And now Blackrock is here to help with the Privacy budget. π€‘ππ€’
Yeah 23. Was like 40$ for a L1 to go through. How embarassing to explain to newbs that this is what Bitcoin is for. Yeah L1 volume has been meager since. Storm is on horizon is what im saying. It'll be Stablecoinz, tokenz, and then... Tail emissions and 21+ million. And miners will just mine the fed coin inspite of what pleb node runners are wanting. Once fiat elites are exercising power, the water becomes much more murky. Godspeed to whatever "bitcoin" becomes.
Lol.
Sure. But also... I've often pondered if the current reality of mining was the best way forward. I don't mean proof of stake (π€’) but the monero ASIC resistance algo always seemed intrguing. Perhaps ASIC corporate mining was inevitable, sure. Perhaps ASIC pay to play is literally the security of the network at the base layer. Sure. But it's OK to envision different formations of decentralization too. I've often just wondered if there's a better way to do mining. It might evolve like the rest of the network. π
I'm sick to my stomach.
π