lol whenever I see this one all I can think is how stupid that movie was And what terrible acting too. Perfect example of “green screen face.” They clearly just out in a ton of “close calls” after the filming and so the kid’s and actors’ reactions are flat compared to what’s happening. This scene should be ridiculously tense, and I feel almost nothing every time I watch it. Roland Emmerich really only had one good film with Independence Day, then it was nothing but downhill.

Hey friend 🫂, hope your workout is incredible today

#memes #memestr #bitcoin

I agree with much of this. While not a solution, I believe a way forward is going to entail increasing the number of eyes on the codebase, PRs and proposals. Maybe Im mistaken, but I feel like there's a brain drain effect happening, and if we as a community dont address that, not only will we ossify by default, but we'll be at risk of not being able to adequately address risks in a timely manner. Im still in favor of OP_CTV. Its unfortunate that a rift was created over premature discussion of activation methods prior to achieving community buyin. In the intervening years, more seem to be in favor, but its not clear that consensus is there yet. It doesnt help that when a core dev gets upset over how discussions go on the devlist or github issues that some take to twitter to incite the mob. The most important point of the post though is that about inaction. Doing nothing is not ideal. We must act.

The Trump Administration: From “No War Hawks” to ALL War Hawks #gm #Africa #video #freedom #crypto #memes #bitcoin #zaps #us #dollar #Dump_The_Dollar https://video.nostr.build/a605b16e7b1c371efbbafd5a0fc2171f9232b5a5a072d960c1df68c415e483e0.mp4

The Trump Administration: From “No War Hawks” to ALL War Hawks #gm #Africa #video #freedom #crypto #memes #bitcoin #zaps #us #dollar #Dump_The_Dollar https://video.nostr.build/a605b16e7b1c371efbbafd5a0fc2171f9232b5a5a072d960c1df68c415e483e0.mp4

The Trump Administration: From “No War Hawks” to ALL War Hawks #gm #Africa #video #freedom #crypto #memes #bitcoin #zaps #us #dollar #Dump_The_Dollar https://video.nostr.build/a605b16e7b1c371efbbafd5a0fc2171f9232b5a5a072d960c1df68c415e483e0.mp4

🤔💡

HISTORY: PENNSYLVANIA WILL BECOME 1ST STATE TO INTRODUCE BILL TO BUY #BITCOIN FOR STRATEGIC RESERVE 🔥

HISTORY: PENNSYLVANIA WILL BECOME 1ST STATE TO INTRODUCE BILL TO BUY #BITCOIN FOR STRATEGIC RESERVE 🔥

HISTORY: PENNSYLVANIA WILL BECOME 1ST STATE TO INTRODUCE BILL TO BUY #BITCOIN FOR STRATEGIC RESERVE 🔥

I wouldn't bother.

Christ, autocorrect. Bitcoin is spontaneous order, its ever changing consensus dynamic because Bitcoin economic actors are also ever changing. This is a feature not a bug, it's a lot hard to attack something that is not a static target.

Dollars are just chits at the company store You don't have money until you self custody bitcoin

Reminder: #Bitcoin has no top because fiat has no bottom.

Reminder: #Bitcoin has no top because fiat has no bottom.

Reminder: #Bitcoin has no top because fiat has no bottom.

Tiny update: cashu.me now shows the mint icon if the mint operator defines one For nutshell: MINT_INFO_ICON_URL="https-://your-url/icon-256x256.png"

Best seller in Canada, recommended by doctors!

Will do this week!

Please explain it to us too! Can't wait for your monster post.

And it’s what normies look like to us.

Release: nutshell 0.16.3 – minor bug fixes and small additions 🫡 Highlights: - Multinut payments turned on by default for CLN and LND - Mints can now signal multiple URLs in case their DNS gets rugged > pip install cashu -U https://image.nostr.build/e5c228fff12c2f8e349fb8bc66a079a25b1dbdbf13c2035a4a996af143429eca.jpg Release with full change log on GitHub https://github.com/cashubtc/nutshell/releases/tag/0.16.3

{"id":"31c543dbb41170cfd25f2236fee0cb1d46b11fb35ea27b54568cbb116a56da1a","pubkey":"5d5484c84967aac3986cd512af8dcdd52433d0901adbbb59236011884283aa1e","created_at":1731594651,"kind":1,"tags":[["p","5f69082cc20dbdd25b320eb0c3e79f3bf6a1c92e60623449cf3224b0fa11eda9","","mention"],["p","d987084c48390a290f5d2a34603ae64f55137d9b4affced8c0eae030eb222a25","","mention"],["p","1bbd0a5e2477ef7af680e5e51927bc86f3475317e63f5ee83c55402c6b18a8a2","","mention"],["r","https://x.com/jamesob/status/1857049961235403101"]],"content":"THE CONSENSUS CONUNDRUM\n\nBitcoin faces a one-of-a-kind leadership problem \n\n\nBy nostr:nprofile1qqs976gg9npqm0wjtveqavxru70nha4peyhxqc35f88nyf9slgg7m2gpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9u4s2sqj\n\n—\n\nA lot of consensus-change proposals for bitcoin are on the table at the moment. All of them have good motivations, whether it's scaling UTXO ownership or making self-custody more tractable. I won’t rehash them here, you’re probably already familiar. Some have been actively developed for years.\n\nThe past two such changes that have been made to bitcoin successfully, Segwit and Taproot, were massive engine-lift-style deployments fraught with drama. There have been smaller changes in bitcoin’s past, like the introduction of locktimes, but for some reason the last two have been kitchen sink affairs.\n\nThe reality not often talked about by many bitcoin engineers is that up until Taproot, bitcoin’s consensus development was more or less operating under a benevolent dictatorship model. Project leadership went from Satoshi to Gavin to… well, I’ll stop naming names.\n\nCore developers will likely quibble with this characterization, but we all know deep down that to a first order approximation that it’s basically true. The “final say” and big ideas were implicitly signed off on by one guy, or maybe a small oligarchy of wizened autists.\n\nIn many ways there’s really nothing wrong with this - most (all?) major opensource projects operate similarly with pretty clear leadership structures. Oftentimes they have benevolent dictators who just “make the call” in times of high-dimensional ambiguity. Everyone knows Guido and Linus and the based Christian sqlite guy.\n\nBitcoin is aesthetically loathe to this but the reality, whether we like it or not, is that this is how it worked up until about 2021.\n\nGiven that, there are three factors that create the CONSENSUS CONUNDRUM facing bitcoin right now:\n\n(1) The old benevolent dictators (or high-caste oligarchy) have abdicated their power, leaving a vacuum that shifts the project from “conventional mode of operation” to “novel, never-before-tried” mode: an attempt at some kind of supposedly meritocratic leaderlessness.\n\nThis change is coupled with the fact that\n\n(2) the possible design space for improvements and things to care about in bitcoin is wide open at this point. Do you want vaults? Or more L2s? What about rollups? Or how about a generic computational tool like CAT? Or should we bundle the generic things with applications (CTV + VAULT) to make sure they really work?\n\nThe problem is that all of these are valid opinions. They all have merit, both in terms of what to focus on and how to get to the end goal. There really isn’t a clear “correct” design pattern.\n\n(3) A final factor that makes this situation poisonous is that faithfully pursuing, fleshing out, building, “doing the work” of presenting a proposal IS REALLY REALLY TIME CONSUMPTIVE AND MIND MELTING.\n\nGetting the demos, specs, implementation, and \"marketing\" material together is a long grind that takes years of experience with Core to even approach.\n\nI was well paid to do this fulltime for years, and the process left me with disgusted with the dysfunction and having very little desire to continue contribution. I think this is a common feeling.\n\nA related myth is that businesses will do something analogous to aid the process. The idea that businesses will build on prospective forks is pretty laughable. Most bitcoin companies have a ton on their backlog, are fighting for survival, and have basically no one dedicated to R&D. The have a hard enough time integrating features that actually make it in.\n\nMany of the ones who do have the budget for R&D are shitcoin factories that don’t care about bitcoin-specific upgrades.\n\nI’ve worked for some of the rare companies that care about bitcoin and do have the money for this kind of R&D, and even then the resources are not sufficient to build a serious product demo on top of 1 of N speculative softforks that may never happen.\n\n---\n\nThis kind of situation is why human systems evolve leadership hierarchies. In general, to progress in a situation like this someone needs to be in a position to say “alright, after due consideration we’re doing X.” \n\nOf course what makes this seem intractable is that the Bitcoin mythology dictates (rightly) that clear leadership hierarchies are how you wind up, in the limit, with the Fed.\n\nSure, bitcoin can just never change again in any meaningful way (\"ossify\"). But at this point that almost certainly resigns it to yet another financial product that can only be accessed with the benefit of a large institution.\n\nIf you grant that bitcoin should probably keep tightening its rules for more and better functionality, but that we should go \"slow and steady,\" I think there are issues with that too.\n\nBecause another factor that isn’t talked about is that as bitcoin rises in price, and as nation-states start buying in size, the rules will be harder to change. So inaction — not deciding — is actually a very consequential decision.\n\nI do not know how this resolves.\n\n—\n\nThere’s another uncomfortable subject I want to touch on: where the power actually lies.\n\nThe current mechanism for changing bitcoin hinges on what Core developers will merge. This of course isn’t official policy, but it’s the unintended reality. \n\nOther less technically savvy actors (like miners and exchanges) have to pick some indicator to pay attention to that tells them what changes are safe and when they are coming. They have little ability or interest to size these things up for themselves, or do the development necessary to figure them out.\n\nMy Core colleagues will bristle at this characterization. They’ll say “we’re just janitors! we just merge what has consensus!” And they’re not being disingenuous in saying that. But they’re also not acknowledging that historically, that is how consensus changes have operated. \n\nThis is something that everyone knows semi-consciously but doesn’t really want to own.\n\nCore devs saying “yes” and clicking merge has been a necessary precursor every time. And right now none of the Core devs are paying attention to the soft fork conversations - sort of understandable, there’s a bunch to do in bitcoin.\n\nBut let’s be honest here, a lot of the work happening in Core has been sort of secondary to bitcoin’s realization. \n\nMempool work is interesting, but the whole model is more or less upside down anyway because it’s based on altruism. For-profit darkpools and accelerators seem inevitable to me, although that could be argued. Much of the mempool work is rooted in support for Lightning, which is pretty obviously not going to solve the scaling problem.\n\nSure, encrypted P2P connections are great, but what’s even the point if we can’t get on-chain ownership to a level beyond essentially requiring the use of an exchange, ecash mint, sidechain, or some other trusted third party?\n\nMy main complaint is that Core has developed an ivory tower mindset that more or less sneers at people piatching long-run consensus stuff instead of trying to actually engage with the hard problems.\n\nAnd that could have bitcoin fall short of its potential.\n\n—\n\nI don’t know what the solution to any of this is. I do know that self-custody is totally nervewracking and basically out of the question for casual users, and I do know that bitcoin in its current form will not scale to twice-monthly volume for even 10% of the US, let alone most of the world.\n\nThe people who don’t acknowledge this, and who want to spend critical time and energy wallowing in the mire of proposing the perfect remix of CTV, are making a fateful choice.\n\nMost of the longstanding, fully specified fork proposals active today are totally fine, and conceptually they’d be great additions to bitcoin.\n\nHell, probably a higher block size is safe given features like compactblocks and assumeutxo and eventually utreexo. But that’s another post for another day.\n\n---\n\nI've gone back and forth about writing a post like this, because I don't have any concrete prescriptions or recommendations. I guess I can only hope that bringing up these uncomfortable observations is some distant precursor to making progress on scaling self-custody.\n\nAll of these opinions have probably been expressed by @JeremyRubin years ago in his blog. I’m just tired of biting my tongue.\n\nThanks to nostr:nprofile1qqsdnpcgf3yrjz3fpawj5drq8tny74gn0kd54l7wmrqw4cpsav3z5fgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvl3x2lg and nostr:nprofile1qqsph0g2tcj80mm676qwtegey77gdu682vt7v067aq792spvdvv23gspzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtc5a5hjp for feedback on drafts of this.\n\n\nhttps://x.com/jamesob/status/1857049961235403101","sig":"43391d5daf1ce0ca7a8bc3b4a4d660c77b5577a8253f8eeb5199e6b21503e15986604178632256f3b4b269bb4a3094d099cb10184e8e15c458cad4b9dbd6454f"}

Open-source meaning you can check progress and codes yourself... 🤝👇 https://github.com/block-core/angor #nostr #bitcoin #angor