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Tauri | Bitcoin BLAKE2b

@Tauri 1778669120

Congrats to every fence-sitter on the spam issue.

Bitcoin is now officially used predominantly for non-financial purposes.

If you’re economically illiterate — which I suspect most Bitcoiners are — this means Bitcoin’s monetary premium is now being heavily diluted. We can’t comfortably call Bitcoin digital gold anymore when gold’s monetary premium sits around 90%.

In a little more than 3 years, Bitcoin went from ~99% monetary premium — almost perfect money — to arguably below 50%.

We’re heading straight toward the digital silver narrative. If the trend holds, even digital copper won’t sound preposterous.

Still wondering whether we need BIP-110? Keep the blinders on, plebs. You’ll never be free.

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A non-existant problem.

no. bitcoin doesn't have a spam issue, it has a lack of economic activity. use bitcoin as money

OceanSlim · 15w

Who are you to call these non economic? It's not your money.

I'm running knots, but my question is, what happens if BIP 110 fails? Will I be forced to store spam on my node even if I am running knots? Is it the end of the road for bitcoin if 110 isn't adopted?

Willy Cooper · 15w

very disappointed in all the "Bitcoiners" who stay silent on this.

Thought experiment move all transactions in and out of micro strategy and all ETFs on chain do any of the problems we currently see fade away?

It's been terrifying to watch it slowly degrade like that.

Sugestor Ultra · 8w

Could it be used as a communication or bcast layer? This may actually be useful now when censorship will hit from age checks. Take a moment to assess possibilities here

First bear market is the hardest. It drives many people into ideologies just bcs. they need some straw to hold on to.

It's just that some of us have started to see the degradation earlier than others. It's also why I know that the majority of current Bitcoin maxis will land in camp Monero within the next 1-2 years.

shortwavesurfer2009 · 8w

When #Monero faced the Mordinals issue the reaction was immediate and swift. The Monero community immediately rejected them and within an extremely short period of time, a release was made that stopped them. And the why is simple. It's because they made Monero less fungible and that was not accepta...