🧵Let's talk about Marxist Inversion in BTC:
This is a thread on my observations of the core versus knots debate as an outsider.
Every organization, company or institution WILL have to contend with those that try to invert its original purpose (Marxists).
To understand why…
You see how they use language to manipulate you? Non-custodial implies that custodial wallets are the default. These are self-custodial wallets, not non-custodial. Words matter
You see how they use language to manipulate you? Non-custodial implies that custodial wallets are the default. These are self-custodial wallets, not non-custodial. Words matter
How can you tell that Bitcoin Core devs are full of shit in Bitcoin spam debates?
Well...
They tell you that Knots is bad for censoring valid transactions, all while not telling you, that
ALL CORE nodes so far, recent v.29.0.0 included,
have been doing the same for over 10…
How does this video only have 57 reposts?
Are there only 57 bitcoiners out there that care if core might break bitcoin!!!! Listen for yourselves. I have not seen core come up with a decent answer to our concerns. Have you?
Putting things on bitcoin that are not bitcoin is…
How does this video only have 57 reposts?
Are there only 57 bitcoiners out there that care if core might break bitcoin!!!! Listen for yourselves. I have not seen core come up with a decent answer to our concerns. Have you?
Putting things on bitcoin that are not bitcoin is…
Bitcoin’s price grabs attention, but its fixed supply could limit war funding. In gold standard days, kings ended wars when gold ran out. Fiat lets govts print money for endless wars. If Bitcoin were money, govts might struggle to fund forever wars
The biggest takeaway I got from @LawrenceLepard is that each incremental dollar is worth less than the one that came before it. So in order for a money print to have the same effect as a previous one it needs to be the same %. Assuming 7% debasement, you end up with 1 * 1.07 *…
If you have more than $10,000 in bitcoin or you care deeply about Bitcoin’s success you should be running a node.
Here is a how-to-guide from @mattkratter on how to set up a node that runs the Knots client which gives you the most control.
youtu.be/9JKpA7gqbW0?si…
Bitcoin Core is a semi centralised governence structure of people, building of a chain of merges into the original Bitcoin Client.
Those people and their governence is NOT Bitcoin. It's Bitcoin Core.
Your money isn't Bitcoin Core. It's Bitcoin.
Payment coming from someone who…
@bitcoincoreorg This policy stance risks diluting Bitcoin’s monetary focus, overburdening future nodes, further centralizing power, possibly threatening scalability, and fracturing the Bitcoin community’s faith. I think this is why we’ve seen Bitcoin Knots usage increase.
unneeded data bloats bitcoin’s blockchain, eating up hard drive space. this makes it tough for regular folks to run nodes, risking centralization. how can bitcoin stay lean and decentralized? #bitcoin#op_return#decentralization
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