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be0674b299a0d1fc539f0477360928aafb467a84381917eaa561d09fe07e14d8
Member since: 2023-08-20
be0674b299a0d1fc539f0477360928aafb467a84381917eaa561d09fe07e14d8
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You should also hear your community when they tell you they don't support Core v30. Who do you think uses hardware wallets? Node runners, just in case. The ones moving the scale to Knots being at 21% of the network. If Blockstream is going to be running Core v30 and facilitating spam? If so, I will retract all my support. I will no longer recommend the jade when on boarding new bitcoiners to self-custody.

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Yea, yea, everyday. Please focus on the regulatory attack on privacy from the Trump admin to bitcoin self-custody, as well as the Core Spam attack on bitcoin. These things are more important than number go up in a captured system.

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I think the battle is lost with KYC. KYC is only forced when you exchange fiat for bitcoin. If you only earn and spend in bitcoin in self-custody the privacy fight gets a big boost back. There is still the question of being able to track you once your address is pinpointed but that is where features like coinjoin becomes very useful. I think that creating the circular economy, never touching fiat, will help a lot. And all this that is happening might be the awakening moment we all need to actually start using bitcoin and only bitcoin as much as possible.

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Yeah. A lot of the arguments from Core apologist are very reminiscent of Covid era elite logic. "Shut up and take the jab as the experts tell you too" = "Shut up and run Core as the experts tell you too".

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https://primal.net/e/

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On the latest episode of "What Bitcoin Did" had Pete Rizzo and they touched on the Knots movement. Pete is either completely missing the real argument of the Knots camp or he is being obtuse and incoherent on purpose to straw man and downplay. Knots is a monetary maximalist movement. We do not want to relay non-monetary data. All monetary data is valid. We are not looking to censor monetary data. We ARE looking to censor non-monetary data. Core is looking to facilitate non-monetary data. Knots wants bitcoin to grow based on its monetary properties and function ONLY and not with a fiat mindset of let's do whatever we need to do to accelerate our "number go up" technology. Knots is willing to be patient and methodical to get to hyperbiconization in the right way. Bitcoin needs stewards. Bitcoin is not a divine entity that just "IS". Bitcoin is a tool, a great feat of civilization but nonetheless still a creation of humanity and therefor it needs human guidance.

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Don't know if you have heard the CSAM argument against the filter elimination that is been discussed. Curious to know if this change your mind on the subject? The v30+ Core update allowing 100k of arbitrary data would essentially permit imagery and low quality video/audio to be uploaded to mempools and mined in a block. This data could be something immoral and illegal, like explicit child sexual abuse material (CSAM). This would effectively turn every node and every node runner into a holder of illegal material and the network itself too, if it ever gets mined. This would eliminate and de-incentivize people from running nodes. Less nodes, less decentralization. One of the fundamental tenants of Bitcoin is destroyed at worst, greatly inhibited at best. This would give governments a clear and clean line of attack to Bitcoin, one that becomes very difficult to morally and socially defend in the eye of the public. A line of attack that I consider to have the potential to be lethal to Bitcoin. Interested in your thoughts.

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Haha. Touché. Great way of putting it.

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Never saw it this way but it does track. Interesting viewpoint.

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Agree to some extent. Adam's comments/perspective might be the push I needed to switch to Coldcard from the Jade as my goto.

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had an episode a few months ago where he and Saylor discussed equity being the future of investment in a bitcoin-based economy instead of the credit-based system we have now. Saylor went bananas basically but to me it makes perfect sense. We now have an asset that can measure the equity value gained by an investment, why would I go into debt when I now have the same mechanism of value aggregation available in an equity-based asset?

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