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bitcoinpup⚡ 0.13
@bitcoinpup
dog on the internet, Hash-VAC enthusiast, #UTXOmaximalist
Timechain Tip, Eternal NowJoined January 2021

bitcoinpup⚡ 0.13’s Tweets

"Everyone should be a wholecoiner". Western #Bitcoin 'ers, should realize that this will be impossible for most plebs around the world however hard they try. Westerners ($, £, €) are "proxy" cantillionaires & benefit from being closer to their country's strong currency printer.
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Between the price of ships and the deep water pipe dropping considerably, OTEC cost curves are starting to look like PV/Wind, but for a baseload energy source. And we keep finding new revenue sources, does anybody know who would be interested in early ENSO data?
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After going through entire substack in an evening and now working through their (his/her?) book list, all I want is an off-grid passive house that I can warm (61°F-73°F) with a single S9...
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When I say ossification of bitcoin is preferred, it doesn’t mean no commits ever made again. That’s not how software exists, things will come up and software will need to upgrade What I mean is bonsai like “gardening”, minimal maintenance changes Less/no new features
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Unfilled blocks are terrible for Bitcoin's security model. Why pay more than 1sat/vB if you can just wait a day? A steady stream of inscriptions ensures miners get the fees they need. Bitcoin's future looks bleak when the mempool is like this, and hinders Lightning adoption.
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Bitcoin's security model *requires* that blocks be full. I, personally, would be much less cavalier about inscriptions if this were not the case. But as the subsidy declines, which happens very quickly, due to the halving, fees must pay for chain security.
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How do you guys chose UTXO sizes when consolidating? Besides the obvious of avoiding nice round numbers...
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I don't like the term "hustle".It's so fiat.There is an ethical shadow to it,when someone is hustling it means someone is getting kinda scammed. Bitcoin doesn't pump that hard anymore & that's a good thing. It pumps enough to be an incentive there but it teaches mostly discipline
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21M is arbitrary, the code-enforced promise of 21M is not.
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Jamie IS right. There's nothing magic about 21 million coins. The source to bitcoin is controlled by six people. Who is to say they don't change it to 210 million coins? What prevents (yet another) fork? Or another coin? And without utility, scarcity is meaningless. twitter.com/liron/status/1…
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