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Bitcoin Block space is the SCARESEST and most DURABLE storage network on the planet.
A single HDD/SSD can store a 1MB jpeg for nano-pennies - but it is NOT durable, it will fail unexpectedly.
A raid-array can store a 1MB jpeg for ~$0.01 cent - but it is only single-host durable.
A network storage cluster (CEPH, Gluster, SAN) can store a 1MB for tens of pennies - but is only site/location durable (usually.)
Bitcoin is a Globally/Planet-wide durable storage device. This is a BIG deal, and the shitcoiners have figured it out. We are allowing grifters, like Citrea (Jameson Lopp, Peter Thiel, Eric Vorhees) to store 1->4MB of data onto 60,137 Full-Archive Bitcoin nodes for < $0.0229 per MB replicated! (Napkin math: 1MB*60.1k = $1372fee / ~60GB replicated) - this is planetarily durable!! All of us node runners, now and forever, then must now download, store, and keep in UTXO_Memory; all of this non-monetary bullshit. And we're doing it at OUR TIME and FINANCIAL BURDEN, this is also a barrier to entry for new node runners. [Block pricing reference: https://mempool.space/block/935967 , a stupid ogg/vorbis audio file ] PS: And fuck you Marathon for this block, publicly fiat-traded pieces of shit.
Rug the spammers. Rug Citrea. Rug Marathon. Rug Jameson Lopp, Eric Vorhees, Adam Back, and especially Peter Thiel. We've already voted Vitalk, Roger Ver, Craig Wright, and their ilk off the island. And each time Bitcoin became stronger.
You're correct! And it's up to us to communicate and LIVE by example the benefits of money without rulers. If we ourselves bend to rules outside the protocol, what's the f*cking point - just give up now and sell your stack. It is up to ALL of us to sew the seeds of monetary revolution. More and more people will see the freedoms we have seized and enjoy, and the word spreads exponentially. We also need to be very honest about how absolutely disgusting our leaders (captors) are.
Stand up for something in your life. Bitcoin is a worthy cause. Imagine future text books: "The people of the 2020's won our financial freedom from fiat-banking by transacting in Bitcoin, and being very careful to fill out IRS Forms 1099-crypto, 1099-X; and because of their honesty, Bitcoin became our non-inflationary currency!"
1BTC=1BTC, same in 2014, same today - there are NO gains here... If you buy into the state sponsored tax-fear campaign, you spend 10k sats today, and simply purchase 10k sats today to replenish. The fiat cost-basis becomes a wash. The state attack on Bitcoin is drowning you in IMPOSSIBLE paperwork.
Why are we, as "Bitcoiners" so hell-bent on being honest with unaccountable multi-millionaire pedophiles?
As a community we need to convince our fellow "Bitcoiners" that unit of exchange is the ONLY priority. Transacting on Bitcoin, whether that be on-chain, or Lightning, or Fedi, Ark, etc. is exactly what brings transactions into the base-layer. People who enjoy using Bitcoin are more likely to graduate into on-chain and multi-sig transactions. Generating fees, and building grass-roots interest overall in Bitcoin. Transacting in Bitcoin also drives that magical NGU. Wonder why this cycle's top was so pathetic? In 2014 and 2017 we were transacting with Bitcoin! Institutions and ETFs have proven useless in improving Bitcoin's value. These speculative bastards are only interested in Bitcoin for fiat alpha.
Those of us who are "diamond-hands" holders, and never spend their Bitcoin are the problem. These tourists are also only here for NGU-tech, and only care about Bitcoin for that fiat price. They never seek out, and reward, hardworking Bitcoin friendly merchants who are taking a risk to trade in the best money.
FAR too many "Bitcoiners" become absolutely paralyzed in perceived taxable-events. First, stop being so honest with unaccountable pedophiles, and despots. Secondly, for those of you paralyzed in fear of government, and who can't ignore their mystical tax-beast: simply spend and replace. Stop splitting pennies on First-in-First Out, cost-basis bullshit. This IS the state-attack on Bitcoin, trapping us in fear and impossible paperwork. If you spend $100 of BTC/Lightning today, purchase $100 of BTC today. This is a break even scenario - BOTH transactions took place at relatively the same "price". This is honest enough.
Stand up for something in your life, pussies. We only have ONE shot to separate money and state. At least once a month - find a wonderful Bitcoin merchant, show them some love with Bitcoin.
The clock which is set by the very same tyrants who tax us through non-consensual withholding, fluoridate our water, and poison our food supply.
👏👏👏 Your days are numbered fiat maxis, enjoy it while you still can.
Because question #1 after touching the screen: ENTER YOUR TELEPHONE NUMBER - for this reason, I hope they all fail.
Dynamic pricing WILL come in handy when the USD hyper-inflates itself into the death spiral. It's too laborious to replace price stickers and tags.
Yea - but we've also seen Phoenix, Wallet of Satoshi [meh], and recently IBEX a fantastic merchant service on-ramp - leave the USA.
"Land of the Free!" Pfft. More like a 1980's USSR wanna-be communist shit-hole.
There IS NO CENTRAL "PLAN". Sitting on your ass waiting for the plan is the LIE. This was a COVID lockdown psyop to keep people from being rowdy, rising up, burning shit down, or becoming otherwise violent.
This is fine. We invented custodial lightning, Fedi/Cashu mints, and other solutions for the mindless masses whom we must drag to freedom, kicking and screaming.
In a NORMAL fee environment (let's not call it high fees) - is real impact to UTXOs smaller than 0.01 BTC
IMO they (the state) have no legal standing in declaring tender of: 1) an open-source software, 2) that software being used globally. Regardless of words on paper, they only have the power we concede to them on this matter. Pick your hill.
The weakness IS being a registered corporation. Communism has hacked the "democratic" system.
Your rights have always depended on people collectively asserting and enforcing our rights and freedoms, by any and all means necessary. The state thinks they can control all things on earth by writing words on paper, then having a procedural vote - and showing up with guns to enforce it. Dark times ahead pleb?
True-ish, on OP_RETURN. It is the lesser of arbitrary data evils (in UTXO memory space, but still a block-space blight. Most ordinal OP_RETURNs float right at the UTXO dust-limit. Meaning it is never intended to be of monetary value, but still remain transferable (spendable). This is how ordinals work... And most-evil are inscriptions which abuse Taproot operations and addresses to encode (inscribe) data into MANY UTXOs. These now represent the majority of Bitcoin UTXOs stored in UTXO memory.
Rug the scammers, take back Bitcoin. BIP110 detractors tend to be emotional mid-wits. If this stuff is OK to anybody here, go research Solana or Ethereum. We built Bitcoin, we were here first.