to the hoes in my neighborhood:

we believe it would be a good idea to desperately pursue me with abandon as it would make me look cooler to the other hoes not in my neighborhood, and though I am short and have a small d"*** my genes need to have the respect and placement they deserve in future generations.

the waiting has gone on long enough. at this rate it is not clear if I will ever father any children.

your indecisiveness is a disappointment to all cultures worldwide and frankly an embarrassment to womankind as a whole. Please get on with it already and go after me.

I am freshly perfumed and open to courtship and offers of all kinds.

don't keep dragging this on forever. it will only end in befuddlement.

Let's get this done shall we?

seriously it's time.

In graciousness and patience, the CTV+CSFS committee.

if the IMF was in the power position here, they wouldn't just block more purchases but gluck gluck El Salvador into selling the bitcoin they have. Which obviously isn't happening.

El Salvador is sovereign.

IMF is like those banks that send a hundred credit card balance transfer offers to see if they can get one innumerate midwit to take them up on it. And then that midwit turns around and buys Bitcoin with it anyway.

lol!

Peter Todd plays it straight the entire post, the art of the troll.

genius.

I disagree with the black pill view, but I do think 3a merits thought moving forward.

("falling block rewards" means that miners have no long-term incentives to keep mining. So the "network security" will fail as well")

I'm interested in exploring failure modes, AND success modes, stemming from this dilemma that bitcoin must either overcome or succumb to.

On the success path, I like what @justin_shocknet said "Real chain-activity MoE is when institutions use it like they do wires today, still a decade out or more."

So maybe it's a race between something along these lines, and the security budget getting unbalanced in a way that makes bitcoin vulnerable.

Anything that makes blocks more predictable, eg by getting rid of need for transaction accelerators, is good with me.

touche 🥸.

you got me.

I am concerned the value of Bitcoin will drop if covenants are adopted.

I definitely know people that will deallocate if this happens.

There are probably others that will buy.

But I think more will sell.

without a screen, you'll have address substitution attacks on the phone device.

it's probably only a matter of time.

tldr len sassaman around minute 43

interesting thing is how he gets there.

timestamps and distributed clocks are everything.

so maybe Leslie Lamport is satoshi ;)

love it!

hardware wallets should emphasize self custody and do everything the right way following good principles, but pure self custody could be made easier.

I think social recovery with no paper backup might be a system worth exploring.

good to eliminate SPOF (single points of failure).

with pruning you can probably run a node for $5 a month.

these statistics mean nothing.

bitkey has a nice design

I think if it had a screen and trezor/ledger style scrambled pin code to avoid phone compromise, it might be usable for high value storage. maybe in the v2.

eliminating the 24 words IMHO is a good idea

btw there's a ghetto way to do this with vanilla hw wallets.: clone same phrase onto several devices and destroy the phrase. store devices geographically distributed with trusted friends who don't have the pin, and under seal. done.

bitkey makes this kind of seedless setup the default path. which IMHO is good.

in the future if we take the happy path, this will be white labeled through your local bank branch so you'll trust the Wells Fargo bank manager instead of bitkey but the mechanic will be the same.

maybe you don't trust bitkey but you already trust the bank where you're keeping most of your savings.

overall bitkey is better than I expected

I just hope this is only a first step not the end of the path

"trust me bro!"

"imposes a hierarchy on the internet"

it's not lame.

it's the end of eternal September

it's the coolest thing ever.

freedom: use it or lose it.

be stouthearted, like an oaken ploughrod that splits the earth under the hot sun so that babes and women can be fed and not weep in doubt and hunger.

riiiiiight