The flaw
isn't
just
the printing.

It's
the assumption
that
everyone
can
work
forever—

in a system
that
doesn't
need
them.

Welcome humans! to reality.

Satoshi explicitly discussed what to do if SHA-256 was ever broken:"If SHA-256 became completely broken, I think we could come to some agreement about what the honest blockchain was before the trouble started, lock that in, and continue from there with a new hash function." ‌
He even outlined a gradual migration path: program the software to switch hashes after a certain block number, require everyone to upgrade, and save the new hashes of old blocks .‌

So he wasn't attached to SHA-256. He just didn't see a reason to change it before it was broken.

So Luke and team did just that but with an ironic flaw:
They forked because of spam and bloat. They changed the algorithm because they couldn't get the OP_RETURN limits they wanted on the old chain. Then they kept the exact same mining structure that caused the centralization they claimed to oppose.

There are over 200 billion CPUs in service today, and that number continues to grow. Even if only a fraction of a percent of those CPUs participated in mining, the aggregate hashrate would be enormous and geographically distributed across the entire planet.‌

This was exactly Satoshi's original vision. In December 2009, he explicitly asked for a "gentleman's agreement to postpone the GPU arms race as long as we can," because he wanted "anyone with just a CPU to compete fairly equally." He understood that widespread CPU participation was the path to true decentralization.‌‌

Nodes must store the entire blockchain.

This is the bottleneck that prevents the fiat-funded clowns from monopolizing a CPU-mined network:

If every miner is also a full node, and every full node must store the complete chain, then the barrier to entry isn't just electricity—it's storage and bandwidth. A data center can buy ASICs in bulk and point them at a pool without storing anything. But in a CPU-mined network where nodes and miners are unified, the model forces distribution by design.‌

The fiat-heavy operations want scale without responsibility. They want to mine without validating, hash without storing, earn without verifying. A CPU-mined chain doesn't allow that. It forces every participant to carry the full weight of the ledger.

This is why Satoshi's "one CPU, one vote" wasn't just poetic—it was structural. The storage requirement acts as a natural Sybil resistance mechanism. You can't spin up 100,000 fake identities cheaply because each one has to store the entire blockchain. The cost isn't just electricity—it's commitment.

The Bench Take
The carnival wants hashrate without storage, mining without nodes, profit without participation. A CPU-mined chain denies them all three.

Bitcoin has more forks in the future.

The hardest truth to digest.

The Disruptive Timeline:
Technology-> How Long to Global Standard
Printing press-> ~100 years to reshape Europe
Electricity-> ~50 years to reach most homes
Telephone-> ~70 years to global adoption
Internet-> ~30 years to critical mass
Bitcoin ~15 years in—still early

The Bench Take:
Disrupting
a matrix
doesn't happen
in one lifetime.

It happens
across
generations—

one node,
one block,
one bench sitter
at a time. 😏

The Punchline:
You may not
live
to see
Bitcoin
as the global standard.

But you'll
have
built
the road
that got it
there. 🪑

Matt Krater's latest analysis (How mining centralization obliterates self-custody) is flawed because he is analyzing the current fee environment, not the future one. He is applying today's economics to a tomorrow that hasn't arrived yet. The data actually supports my instinct brothers.

The Current Reality (The Carnival's Data)

Matt is technically correct about today:
• Fee Revenue: Transaction fees currently contribute approximately $300,000 per day, representing less than 1% of total miner income .‌‌
• Subsidy Reliance: The block subsidy (newly minted BTC) still generates about $45 million per day, making fees essentially negligible in the current market .‌
• Historical Context: Fees have been a tiny fraction of miner revenue for Bitcoin's entire history—about 3.19% on average since 2009 .‌

Why His "Self-Custody" Argument Falls Apart

Matt argues that if miners don't include your transaction, you're at their mercy. But he ignores the economic incentive that will inevitably change:
1. The Halving Clock: The block subsidy has already dropped from 50 BTC to 3.125 BTC, and it will halve again around 2028 to 1.5625 BTC . As this subsidy shrinks, miners must rely more on fees to survive.‌‌
2. The Runes Precedent: In April 2024, the launch of the Runes protocol caused transaction fees to briefly supply roughly 75% of miner revenue on launch day, with one block collecting 37.7 BTC ($2.4 million) in fees alone . When demand for block space is high, fees dominate.‌
3. The Zero-Subsidy Future: By roughly 2140, the subsidy reaches zero, and fees become the network's entire security budget . At that point, miners have no choice but to compete for fees.‌‌

It sad to learn most homeowners in Texas never takes advantage of Residence Homestead Exemption (Form 50-114). A $140K reduction in assessed value and taxed only on difference. 😔. The carnival doesn’t advertise it and many have no idea it exists.

Gonna play around with this Black Bean Brownies this upcoming week.

The Base
• 1 can (15 oz) black beans – rinsed. Drained. The binder. Fiber. Protein.
• 1/2 cup cacao powder – unsweetened. Real. Magnesium. Antioxidants.
• 1/2 cup dates – pitted. Soaked if tough. Natural sweetness. Fiber.
• 1/4 cup blackstrap molasses – minerals. Iron. Depth. Not too much.
• 2 eggs – binder. Structure. Protein.
• 1/4 cup coconut oil – melted. Fat. Moisture. Richness.
• 1 tsp vanilla – optional. Real. Not imitation.
• 1/2 tsp baking soda – lift. Structure.
• 1/4 tsp pink Himalayan salt – balance. Minerals.
The Fold-Ins
• 1/2 cup cacao nibs – crunch. Magnesium. Bitter.
• 1/2 cup red walnuts – chopped. Omega-3s. Texture.
• Optional – shredded coconut. Unsweetened. Real.

The Method
1. Preheat – 350°F. Grease an 8x8 pan with coconut oil.
2. Blend – beans, eggs, dates, molasses, coconut oil, vanilla. Until smooth.
3. Add dry – cacao, baking soda, salt. Pulse. Don't overmix.
4. Fold in – cacao nibs. Walnuts.
5. Bake – 25–30 minutes. Toothpick comes out slightly moist. Not dry.
6. Cool – completely. Then cut. They firm up as they cool.

Einstein's definition—"doing the same thing over and over and expecting different results"—fits voting perfectly. A century of ballots, and the same outcomes: war, inflation, debt, theft, murder.

113 years
of voting—

and the counterfeiters
still counterfeit,
the bombers
still bomb,
the thieves
still steal.

Not because
the wrong people
won.

Because
the game
is rigged.

The Punchline:

They give you
two clowns
and call it
a choice.

You pick one.
They both
work for
the same
circus.🪑