Damus
Tauri profile picture
Tauri
@Tauri
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.
4114❤️10❤️2🤙2:Fb:1☦️11
nostrich · 7w
nostr:nevent1qqsdh2vak29j08634v4smh0c725y6t6jednheff0t26yzly9zs8pyuqppemhxue69uhkummn9ekx7mp0qyg8wumn8ghj7mn0wd68ytnddakj7qgcwaehxw309aex2mrp0yhxvmm4de6xz6tw9enx6tcq27a0d
TheGrinder · 7w
Sad times...
test1 · 7w
A non-existant problem.
ynniv · 7w
no. bitcoin doesn't have a spam issue, it has a lack of economic activity. use bitcoin as money
OceanSlim · 7w
Who are you to call these non economic? It's not your money.
Me · 7w
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 · 7w
very disappointed in all the "Bitcoiners" who stay silent on this.
umni · 7w
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?
Laeserin · 3d
It's been terrifying to watch it slowly degrade like that.
Sugestor Ultra · 3d
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
protom · 3d
First bear market is the hardest. It drives many people into ideologies just bcs. they need some straw to hold on to.
nostrich · 3d
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.
Imaginaero · 3d
The herd is shifting, and the value of digital scarcity continues to diminish, impacting its broader utility – a predictable trend.
Francis Marion BIP110 · 3d
nostr:nprofile1qqs8k0mcqd6sw3h524qn5gslszt9am9knmes3uh268dgnnpv3yfwj6qppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uhtq7tt says he doesn’t know enough but can write books. Pussies
shortwavesurfer2009 · 3d
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...