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McCoy
Member since: 2022-12-20
McCoy
McCoy 1d

Individual node runners will seek guidance by those with tech expertise + motivation to set filters. Should I dial it to 80 bytes or 83? How about 90? IDK *let me ask around* Point is that this type of *filtering* on a long-time horizon can be corrupted/influenced, especially when compared to the level playing-field offered by a neutral agnostic fee market.

McCoy
McCoy 11d

protip dont be fragile https://youtu.be/Q1xR3Xidq84

McCoy
McCoy 11d

Website is absolute fire. Support Greg. He has continued to upgrade.

McCoy
McCoy 18d

Found your post(s) interesting.... Bitcoin only here. Honest ?: Is the privacy/node bloat trade-off of Monero real/true?

McCoy
McCoy 26d

ODELL: Self Custody and Welcome Hard Forks 🍿🍿🍿

McCoy
McCoy 29d

https://d2ghdaxqb194v2.cloudfront.net/2865/192262.pdf

McCoy
McCoy 29d

I could see a time when most/many are using bitcoin as primarily a SOV with few onchain transactions. Lighting for low fee transactions is the primary MOE. Hash rate could fall considerably as miners unplug. Transaction finality can still be secure with a responsively resistant fee market - hash comes back on-line when demand spikes, which causes fees to spike. When fees are low and hash is low, one could always wait longer than six blocks for transaction finality. Censoring high fee transactions has opportunity cost. Spamming/scamming in the setting of high fees is costly overtime - they eventually run dry.

McCoy
McCoy 1d

The fee market competion for transaction finality will be the best, most neutral, longterm uncorruptible filter. Standardness filters set by a group or groups (even honest, well meaning humans) can be influenced/corrupted. + Where is the line? Who decides on the parameters of the filters? Protecting bitcoin by being really really smart about filters is not a neutral sustainable approach. Non financial uses will be priced out or they will compete - long term - and be able to afford the fees because they provide real sustainable value The Monkey JPEGers and most (all?) non-money data storage bros will run out of cash. I will out work them and will out bid them in the fee market. 🌍🧑‍🚀🔫🧑‍🚀

McCoy
McCoy 2d

Only some have to opt into self-custody to keep them honest/at-bay..... The key is the OPTION to opt out by self custody needs to remain easy, legal, unregulated. When/if attacks start on the self custody side: ie banning/regulating offline signers + outlawing nonKYC exchanges + limiting withdrawls from fiat/BTC exhanges, the real fight begins.

McCoy
McCoy 2d

Could hard forks actually be be a revenue source for the *custodians* (ETFs, treasury companies, exchanges)? Something like this: ✅Once they hold a massive supply of private keys, they plan/execute a hard fork with a goal of initially splitting the chain 30% / 70% ✅hire/invest in dev team + marketing team for the split ✅hard fork ✅then they sell off the economically weaker coin, buying the winner....but DO NOT share any of these profits with the paper-bitcoin holders ✅*fine-print* protects them from claw-back law suits Unlike the self-custody coin hodlers who can/will benefit from chain splits as long as they don't take excessive risk and safely secure coins on both sides

McCoy
McCoy 2d

"Bitcoin is a planetary scale, thermodynamically guaranteed, self evident system of immutability." - ANDREAS ANTONOPOULOS, 2016

McCoy
McCoy 2d

Dont fall for the distractions: • US money supply (M2) Increased by 42% or $7 trillion since the pandemic • Since 2020, the minimum reserve requirement for US banks is 0% • FDIC reserves only cover 1.26% of US bank deposits • Government Budget deficits in the US (6.4% of GDP) and the EU (3.2% of GDP) are now higher than those during the Great Depression -Tuur Demeester Adamant Research, AUG 2025 report

McCoy
McCoy 5d

Hands down the best sport doc of all-time: F1 history Raw incredible behind the scenes footage Emotional musical score https://youtu.be/xNluhQpvxXk?

McCoy
McCoy 6d

Pumping w/o transactions

McCoy
McCoy 6d

All publically traded businesses depend on future profits/gains to stay alive. New investors *support* the old ones as they expect the gains to continue. All businesses are ponzis

McCoy
McCoy 6d

bro - still at rookie numbers

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