Damus
Matty Mick profile picture
Matty Mick
@Mattymick

Family, ₿itcoin , Aortic Surgery. Node runner, solo home miner, sat stacker.
Wrestling back individual sovereignty from state control, one SAT at a time.

Relays (9)
  • wss://premium.primal.net/ – read & write
  • wss://relay.snort.social – read & write
  • wss://relay.damus.io – read & write
  • wss://premium.primal.net – read & write
  • wss://nostr.wine – read & write
  • wss://eden.nostr.land – read & write
  • wss://purplepag.es – read & write
  • wss://nostr21.com/ – read & write
  • wss://nos.lol – read & write

Recent Notes

Moist · 1w
brisket is the most overrated cut of meat imo. I'm pretty handy on the bbq and can do a good brisket but spending more money and 12hrs of my time is just pointless. can get as good results with many cheaper cuts, like this, in way less time. i usually go for a tomohawk when I want a treat. give it...
Matty Mick profile picture
College lacrosse season is upon us. Tomorrow’s tailgate prep began at 4:30 this morning. Fastest game on two feet deserves #proofofwork food prep.
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TFTC · 2w
Today's Bitcoin Brief: • Jane Street hit with federal lawsuit as BTC surges 10% • UBS models $300B in losses if AI triggers private credit blowup • SocGen's Albert Edwards: "The AI macro doomsd...
Matty Mick profile picture
Question for your crew:

If it is determined that Jane Street has been manipulating the price of bitcoin, and creating billions in losses in liquidating cascades and lost hodler value, but that manipulation has been done by taking advantage of loopholes which are not well defined or illegal within existing law:

Should the market regulators:
A: define those loopholes and close them immediately
B: open an enormous, almost unlimited “loophole exploiters only” area where they and other market makers can continue to create paper bitcoin and other spoofing strategies to distort the market and kill the inelasticity of Bitcoins fixed cap 21M supply
Matty Mick profile picture
Coretard vs Knotzi question:

If it is determined that Jane Street has been manipulating the price of bitcoin, and creating billions in losses in liquidating cascades and lost hodler value, but that manipulation has been done by taking advantage of loopholes which are not well defined or illegal within existing law:

Should the market regulators:
A: define those loopholes and close them immediately
B: open an enormous, almost unlimited “loophole exploiters only” area where they and other market makers can continue to create paper bitcoin and other spoofing strategies to distort the market and kill the inelasticity of Bitcoins fixed cap 21M supply
Meyer · 2w
nostr:npub1klypsyjkgr2aavaslvy4snp78780f5phnx5pc9ffmyjt29553hysww73vf
Matty Mick profile picture
You’re doing your best to gaslight here, particularly after I said I’m not signaling bip-110. You could easily look at the mempool screenshot and draw the conclusion that the taproot enabled workarounds that allowed inscriptions and dust utxo bloat is livable and that fees would drive them out with more L1 use, but also conclude that unilaterally blowing out op-return opens additional unwanted vectors that an 83 byte return didnt. 🤷‍♂️. Balance takes are lost here on both sides but again, you’ve concluded that those trying to learn, assess and decide are retarded if they dont agree with you.
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Meyer · 2w
🤣 Projection much? The only reason why I am conversing with you is because you responded to a post of mine with “because one side doesn't think its money” Don’t play the victim game here Please go ahead and run bip110
Matty Mick profile picture
I’ve been called retarded quite a bit in the last 24 hours.

I’ve spent a lot of time thinking about ₿, bip-110 and how it correlates to my other lifelong passion, aortic surgery. There are several parallels to protocol rule consensus and aseptic technique/sterile field, bacteria to spam, and rule changes to combat new pathogens.

Perhaps I’ll write those parallels down, or perhaps I’ll keep my retarded ideas to myself. Either way, my nodes will signal their vote on the future direction of the protocol once I’ve completed my technical review of both arguments.

Name calling doesn’t bother me, but is certainly not constructive. Knotzies vs Coretard is elementary school playground stuff…not the hallmark of constructive discourse.

@hodlonaut
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Sovereign Node ⚡📜🛡️ · 2w
Nostr is the rebirth of the open web. No algorithms, no gatekeepers, just pure signal. 💜 ❤️
AU9913 · 2w
That's a separate note entirely. You said one side doesn't think it's money which is the most retarded or disingenuous take.
Meyer · 2w
Let me guess you are on the side that wants to fork bitcoin so it fits your definition of money? You just spouting the other side does not think it is money and everyone that doesn’t agree with yo...
Matty Mick profile picture
No, definitely not. I'm not signaling bip-110 and am still evaluating the technical arguments for both sides....but thanks for the broad assumptions and name calling...it definitely helps with open discourse.

From Loop's piece today, which I'm still digesting: "I believe that our primary goal should be to build / discover enough valuable use cases that we can generate sustainable demand for block space that results in a robust block space market and thus drives enough fee revenue to miners that it offsets the ever-decreasing block subsidy. "

My comment was an observation that one side is interested in a fee market for blockspace (data). Blockspace has value but it doesn't make it "hard money." The other side seems to be working to revert to the principals of hard money...which prop the native token of the blockchain Bitcoin. Taproot and the blowout of opreturn is enabling the fee market for data, but not necessarily hardening the money.

But hey, that just my retarded take. My nodes will signal what I choose when I'm finished with my thorough....some would call it zealous, review.
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Meyer · 2w
nostr:nevent1qqswev8hghdz5kwwlr029p5aqfxx75nsdsh7w8pmu8h9t9lskdkduscprdmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv8g6nw0xt47f
Meyer · 2w
Let me guess you are on the side that wants to fork bitcoin so it fits your definition of money? You just spouting the other side does not think it is money and everyone that doesn’t agree with your fork is a pedo doesn’t help your argument at all I don’t even like core but I will support ...
AU9913 · 2w
Unfoolowed. If you're that retarded I don't wanna see anything else you have to say.
Matty Mick · 2w
Fair technical concern around the bip-110 attempt to eliminate inscriptions and dust bloat. I’d appreciate a more nuanced debate around its merits and risks from folks who aren’t battling their o...
Matty Mick profile picture
So revert the witness discount AND capping op return seems like a reasonable compromise. Dust moves to op return…but doesnt allow large data sets embedded in op…its a limited capacity dumpster. I assume this would also require a soft-fork to undue parts of segwit. Complicated.
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ihsotas · 2w
Without an easy place for spam to go It will go into more damaging parts of the system. The chain being less utilized will make the cost of a utxo spam attack more feasible. Rapid Growth of the utxo set will outstrip the normal configuration of cheap node hardware. The doomsday scenario for bitcoin...