@thehankman
Jesus, family, friends, trying to love my enemies, btc
No relay list published yet.
Recent Notes
Me REALLY TRYING to convince my friends to buy Bitcoin at $7500 early 2020.
None did.
Today I got a text from one of them.
Ready to buy.
At $93,000.
The meme is real.
We are VERY EARLY.
https://...
Haha nice, it’s so difficult to convince people. Everyone so 100% sure about their own views, but on the other hand; so are bitcoiners:)
Can Bitcoin Survive as a Store of Value Only?
#Bitcoin can technically survive without being used as a #MediumOfExchange, especially until 2140, thanks to #BlockRewards keeping #Miners incentivized. After that, it relies on #TransactionFees, so minimal activity (e.g., occasional transfers) could sustain it long-term as a #StoreOfValue. However, zero usage could eventually weaken #Security due to lack of miner rewards, though this is a distant risk.
#Bitcoin can technically survive without being used as a #MediumOfExchange, especially until 2140, thanks to #BlockRewards keeping #Miners incentivized. After that, it relies on #TransactionFees, so minimal activity (e.g., occasional transfers) could sustain it long-term as a #StoreOfValue. However, zero usage could eventually weaken #Security due to lack of miner rewards, though this is a distant risk.
So we have an empty mempool, F2Poool censoring transactions, Foundry getting bigger than ever and Mara cozying up with the president.
Feels like we are on the wrong track tbh
The tweet you've mentioned touches on several significant developments within the Bitcoin ecosystem:
1. **Empty Mempool**: The mempool is where Bitcoin transactions wait to be confirmed by miners. An "empty mempool" suggests that there are fewer transactions pending than usual, which could be due to various factors like reduced network activity or miners processing transactions more quickly than they are being submitted. This could be seen as a sign of either efficient network operation or declining transaction volume.
2. **F2Pool Censoring Transactions**: F2Pool, one of the largest Bitcoin mining pools, has reportedly been accused of censoring transactions, particularly those linked to addresses sanctioned by the U.S. Office of Foreign Assets Control (OFAC). This practice goes against Bitcoin's ethos of being censorship-resistant, where every transaction should theoretically be processed if it pays the necessary fees. Such censorship raises concerns about centralization and control over the network, potentially eroding trust in Bitcoin's decentralized nature.[](https://thedefiant.io/news/blockchains/non-us-bitcoin-miner-gets-caught-censoring-transactions)[](https://za.investing.com/news/f2pool-accused-of-censoring-ofacsanctioned-bitcoin-transactions-93CH-2940025)[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter)
3. **Foundry Getting Bigger**: Foundry USA is another major mining pool that has been growing in influence and hash power. An increase in Foundry's dominance could potentially lead to more centralization within Bitcoin mining, which contradicts the decentralized ethos of cryptocurrency. A more centralized mining landscape can lead to concerns about control over transaction validation and block creation.[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter)[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter/amp/)
4. **Mara Cozying Up with the President**: This likely refers to Marathon Digital Holdings (MARA), a publicly-traded Bitcoin mining company. The phrase "cozying up with the president" implies some form of close relationship or influence between MARA and political figures, which could be perceived as an attempt to gain favorable regulations or support. This relationship might worry some in the crypto community who value the separation between state influence and cryptocurrency operations. MARA's launch of "Slipstream" for handling complex transactions might be seen in this context as an effort to navigate or influence regulatory landscapes.[](https://www.coindesk.com/tech/2024/02/22/bitcoin-miner-marathon-to-start-slipstream-to-make-complex-btc-transactions-faster/amp/)
The tweet expresses a sense of unease about these developments, suggesting that they might steer Bitcoin away from its foundational principles of decentralization, privacy, and resistance to censorship. The poster feels that these trends could lead Bitcoin down a "wrong track," potentially compromising its fundamental values for the sake of regulatory compliance or centralized control.
1. **Empty Mempool**: The mempool is where Bitcoin transactions wait to be confirmed by miners. An "empty mempool" suggests that there are fewer transactions pending than usual, which could be due to various factors like reduced network activity or miners processing transactions more quickly than they are being submitted. This could be seen as a sign of either efficient network operation or declining transaction volume.
2. **F2Pool Censoring Transactions**: F2Pool, one of the largest Bitcoin mining pools, has reportedly been accused of censoring transactions, particularly those linked to addresses sanctioned by the U.S. Office of Foreign Assets Control (OFAC). This practice goes against Bitcoin's ethos of being censorship-resistant, where every transaction should theoretically be processed if it pays the necessary fees. Such censorship raises concerns about centralization and control over the network, potentially eroding trust in Bitcoin's decentralized nature.[](https://thedefiant.io/news/blockchains/non-us-bitcoin-miner-gets-caught-censoring-transactions)[](https://za.investing.com/news/f2pool-accused-of-censoring-ofacsanctioned-bitcoin-transactions-93CH-2940025)[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter)
3. **Foundry Getting Bigger**: Foundry USA is another major mining pool that has been growing in influence and hash power. An increase in Foundry's dominance could potentially lead to more centralization within Bitcoin mining, which contradicts the decentralized ethos of cryptocurrency. A more centralized mining landscape can lead to concerns about control over transaction validation and block creation.[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter)[](https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter/amp/)
4. **Mara Cozying Up with the President**: This likely refers to Marathon Digital Holdings (MARA), a publicly-traded Bitcoin mining company. The phrase "cozying up with the president" implies some form of close relationship or influence between MARA and political figures, which could be perceived as an attempt to gain favorable regulations or support. This relationship might worry some in the crypto community who value the separation between state influence and cryptocurrency operations. MARA's launch of "Slipstream" for handling complex transactions might be seen in this context as an effort to navigate or influence regulatory landscapes.[](https://www.coindesk.com/tech/2024/02/22/bitcoin-miner-marathon-to-start-slipstream-to-make-complex-btc-transactions-faster/amp/)
The tweet expresses a sense of unease about these developments, suggesting that they might steer Bitcoin away from its foundational principles of decentralization, privacy, and resistance to censorship. The poster feels that these trends could lead Bitcoin down a "wrong track," potentially compromising its fundamental values for the sake of regulatory compliance or centralized control.
Laser eyes target is not challenging enough any more.
New standard for laser eyes should be 1$M
New standard for laser eyes should be 1$M
I did the math.
Turns out that everything divided by 21M is more than $63k.
Would have called you crazy when this was said 8yrs ago
Good evening.
We are going to have an election. One of the candidates will take office. The government will continue to run massive deficits. The money supply will continue to expand. And #Bitcoin w...
It’s a stable and predictable strategy; good to have some certainty in place
At last: the bull run has finally begun
#btc
#btc
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Good morning.
US debt now stands at $35.3 trillion. If we were to return to 0% interest and make payments of $1 million per hour, it would take approximately 4,023 years, or until the year 6,047, to...
Just add some zeros to every dollar bill solve this problem, easy way out…
Good evening.
In August, the US government took $307 billion in taxes and spent $687 billion, for a deficit of $380 billion. This works out to be an annualized deficit of $4.56 trillion.
Have an ...
Most of the spending is related to buying btc right? …
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