It’s the weekend!

Morning chores, Mendocino.

Once merchants start accepting bitcoin for goods and services, that KYC becomes fuzzier and fuzzier as bitcoin flows through the economy with no need to exchange for dollars. ~~~ The road to merchant adoption: Step 1. Bitcoin accepted here Step 2. Bitcoin payments preferred Step 3. Bitcoin payments only

Fire can be used to burn your house to the ground or heat it. Digital technology can be used to control you or set you free.

This whole Core 30 thing might be perfectly valid. I don’t know for certain because I’m not that technically proficient. But as someone who has lived in the real world I do know for certain it has been a PR disaster.

When you purchase something with a credit or debit card, there is a corporation in the middle of that transaction watching what you are buying. But with bitcoin, your transactions are person-to-person - private and secure, just like cash.

₿

Be self sovereign.

Bitcoin is time.

“I’m at the barbershop listening to some fellas break down last week’s football game like Wall Street analysts. They know every stat, every player’s contract, every trade rumor. But ask them about inflation, interest rates, or where their money’s bleeding out, and it’s blank stares. Experts on someone else’s finances, clueless about their own. That’s the financial system’s greatest trick: distract you with games while it robs you blind through inflation.” - Bob

Bitcoin: A Peer-to-Peer Electronic Database System

I’m not technical and have no great insight into whether Core 30 is a benefit or threat to bitcoin. I simply don’t know. That’s why I won’t be running it.

Question(s): In Core 30 are the settings to adjust OP_RETURN size being removed? Are these settings in Core 30 set at max size for OP_RETURN by default with no way to dial them down?

Question: Am I correct that even when running Knots to avoid relaying spam, any transaction that contains video or jpegs that gets confirmed will also get added to Knots nodes. In other words a Knots node ultimately contains the same data as a Core node. Am I understanding this correctly?