OK, understood. Altcoins aside, I'm not an advocate of using Bitcoin as collateral. That's not to say that you can't make money at an individual level and I don't criticise anybodies personal choices. I explored it in depth about a year ago when everybody started offering Bitcoin loans. I even wrote an article about it here:

Yes, we always assume our current models are correct. I also think understanding it is not possible in the same way an ant can never understand the concept of America. But that doesn't stop the enjoyment of trying.

Agreed about decentralisation. Also the 21M coin cap is another key feature. The blocksize is locked into code requiring a 93% consensus to change (hard fork). I don't think this will ever happen, or could ever happen, but if it could, providing it was still possible for anybody with a couple of hundred dollars of spare cash to run a node, then I think there may be good reasons to do this.

Pretty much. I do earn $MYST on my VPN node tho and I made a shit ton of money pumping and dumping $TRUMP 😂

Explain please

Did he look you up? 😂

I don't know enough about altcoins to understand anything you've said 😂

Something to do at the weekend I suppose 😂

I do like to try to understand Altcoins and the ecosystem and adopters, so I follow a couple of alt advocates. This video is significant, it not only shows that Bitcoin is the true asset, but it also shows that Altcoins are all about trading and taking profit. If watching Shitcoiners offends you, don't watch it 😂 https://www.youtube.com/watch?v=pZAI_bkEFAQ

You think it a coincidence that the Bitcoin transaction limit is 007 TPS ? 😂

Academics are not the smartest 😂 I stumped a London Imperial Professor in Astrophysics on a cruise once. I asked him how it was possible the observable universe (at the time) was 42 billion light years across when the age of the Universe was only 13.8 billion years. If the Universe had expanded at the speed of light, which is impossible, it would only be possible for the size of the Universe to be a maximum radius of 13.8 billion light years (a total size of 27.6 billion light years). He was stumped and went away to consult his books, returning eventually to give some explanation about space expanding into a nothing. I later worked out that in the original big bang (which is looking less and less likely to have occurred), neither time nor space existed, thus as the Universe cooled to such an extent that time was capable of existing, the Universe was already a defined size.

Everything in the fiat system is going to collapse, Bitcoin is going to replace it, in the same way the Internet replaced fax machines. Until a couple of years ago, Internet fax gateways still existed, however. Most companies have tangible value and their share price should reflect this, as fiat becomes increasingly unable to do this, share prices will be shown in Sats. In countries with hyper inflation, such as the Lebanon, people still use the currency on a day to day basis, but as soon as they received payment for their goods, they transfer that local currency into a more stable asset such as dollars, or in the Crypto world, Tether or Bitcoin. What surprised me about observing these countries is that hyperinflation is no longer an end game, it simply enforces a different coping strategy.

It's important to remember the original argument as it evolves over time. In war, the winner takes it all and the looser is evil personified. The blocksize wars, were not originally against large blocks. Small blockers (devs) were against making the requirements to run a node outside the scope of an enthusiast to run at home for a couple of hundred dollars. Zooming out further, historians accurately corrected the "Blocksize wars" name to be the "Fork wars", whereby the small blockers prevented miners from activating a soft fork to allow larger blocks. If you could permit soft forks, then you can recover lost coins like Ethereum, or, worse still, increase the 21M Coin limit. Zooming out further, as the smaller blockers won the war, while managing to increase the blocksize from 1 - 2MB, while increasing it further to 4MB of compressed storage using SegWit. SegWit led to Taproot which led to the ability to create Ordinals, or Bitcoin NFTs, or as many people call it Spam. Thus the blocksize war itself, had unintended consequences of creating the current OP_RETURN war which is trying to reclaim the small blocks for transactions, which have precious little space available as it is. In the blocksize war, we made increasing the block size an act of pure evil. I suggest it isn't. I suggest that while we ensure that it is possible for most people to be able to run their own node, increasing the blocksize within that limit is perhaps desirable if you wish to close the gap between Lightning payments and on chain transactions. Currently there is no apparent issue, but as Bitcoin adoption progresses, there is going to be a gap between the liquidity potential of Lightning and the minimum viable transaction value for the mainchain. I have recently become aware of the Ark protocol, which appears an interesting option, but it is yet another attempt at making transaction space available. But the real question is should we consider the ultimate heresy of increasing the blocksize?

Second VLOG from Ventnor on the Isle of Wight. I'm going to need a better Mic 😂

Like the climate? 😆

https://www.youtube.com/watch?v=z5bz4b07jQQ

Changing it now 🫡

We need more Bitcoin podcasts to compete with the vlogs 💜

Let’s all vlog 😂

GM I missed our town carnival parade by a couple of days, but not to worry, here’s one of the floats from our local pub 😁

We’re off

Your mums limping home? 😳

Nice, did you Orange pill the Albert Hall? 😂

More pictures of Covent Garden

You probably won't find much excitement on NOSTR 😂

I'm friends with the local vintner and hotelier 😂 I've orange pilled them both 👌

Are you prepared to make money at any cost?

Luckily, as the blocksize wars showed us, miners aren't as powerful as they think. Despite the miners pushing through larger blocks, the devs won by being cleverer. In the OP_RETURN battle, node runners are having the say. Bitcoin is balanced, it needs consensus across miners, devs and node runners. This is a good thing.

I couldn't get past the Captcha 😂