028559d218

This knots/bip110 stuff is so stupid. The greatest threat to bitcoin today is that "bitcoiners" don't want to use their bitcoin or buy stuff with it. They rather *larp* and pretend they do... then when it's time to act and *use* the network they are nowhere to be seen.
It's like the chaser/no-show version of a date. All hot and bothered on the phone, then they no-show the date or cancel last minute... all talk no action.
It's the biggest thing wrong with the network today and knots/bip110 doesn't fix it that's why I don't support it.
Lots of talk, easier than ever to use the network with fees at historic lows... going rate 1 sat/vb knots is the no-show version of a date.

2026-02-19 11:15:59 UTC

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Bitcoin: Great Network. Lousy people apparently

2026-02-19 11:14:55 UTC

ShieldMail: A Cashu-Based Shield for your Email (Concept)
https://stacker.news/items/1436809/r/028559d218

2026-02-19 11:10:50 UTC

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Right now? Memecoins ie runes which are sub-10-byte pieces of text to simulate the creation or transfer of meme coins.
Most blocks are full of them (see mempool.space)

2026-02-19 03:00:35 UTC

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It has gotten worse

2026-02-19 02:48:10 UTC

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About this you are correct

2026-02-19 01:41:20 UTC

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It's more LARPers than actual users

2026-02-19 00:59:55 UTC

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If you're going to post with AI... why post at all?

2026-02-17 09:40:18 UTC

The Bigest Threat to Bitcoin is... Empty Blocks
https://stacker.news/items/1435533/r/028559d218

2025-12-14 05:23:43 UTC

Bitcoin is not a 'currency' stricly speaking but Digital Property & Collateral
https://stacker.news/items/1337705

2025-11-03 04:06:59 UTC

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No it's impossible. Once it's 'in the wild' it's done. In addition... it's purely a small configuration change in the node software. It could be changed to above 83 before Core30, or below 83 after Core30.
If core 'reversed' the default op_return size... what happens to the current Core30 nodes? Do they 'change back?' What if some users don't want to?
Ultimately this isn't about mempool filters or policy really, it's about economic incentives. If users don't like certain transactions on the chain, they should pay more in fees to get their *own* transactions mined instead.

2025-10-13 01:40:16 UTC

There's something Rotten in Denmark... and it's Bitcoin Users Lack of GUTS
https://stacker.news/items/1254712/r/028559d218

2025-10-03 09:17:14 UTC

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I'm not sure what you mean.
Sub 1 sat/vbyte transactions are getting through en-mass although they are almost universally filtered/non-relayed by all nodes. Yet they are getting through to miners consistently.

2025-10-03 08:47:24 UTC

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"The more nodes, the more effective they are, but even with 20% of nodes running the filters, as is currently the case, a percentage of spam transactions are not mined."
This is not true.

2025-10-03 08:43:27 UTC

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From what I understand he is correct. In the context of the above conversation... I don't see how he is wrong.

2025-10-02 22:42:58 UTC

Which Fork will you Sell and/or Keep? Bitcoin Knots vs Bitcoin Core
https://stacker.news/items/1246449/r/028559d218

2025-09-28 23:11:00 UTC

Gold is a Physical, Energy Management/Distribution System. Bitcoin is Digital
https://stacker.news/items/1241083/r/028559d218

2025-09-08 03:49:12 UTC

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We need more people 'using Bitcoin' which for the life of me I can't understand why we don't have.

2025-09-08 03:47:35 UTC

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Over 90%

2025-09-08 01:59:47 UTC

Knots doesn't make any sense to me
https://stacker.news/items/1211686

2025-08-21 23:18:23 UTC

The war for Freedom, for Better Money, for separation of Money and State... due to Apathy, Laziness, Greed, and a strong government clamp down on Privacy and Sovereignty...
Is being Lost.
https://blossom.primal.net/cddb410f4cfb07331b019b1f4def272d49d4c0c7208e3c3bdabc99bee0bc7ddc.png
Sometimes the Good Guys lose the war and we are losing.
https://stacker.news/items/1089260/r/028559d218

2025-08-14 05:01:47 UTC

Maybe Core is Captured? What is the difference between 'data' and 1s & 0s?
https://stacker.news/items/1079571/r/028559d218

2025-08-12 20:34:51 UTC

A Real SPAM solution: People using Bitcoin
https://stacker.news/items/1077925/r/028559d218

2025-06-12 04:01:39 UTC

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Maybe so but that's not about Bitcoin. They don't have new blockchains. They have new 'servers' that they pretend are decentralized or something

2025-06-12 04:01:01 UTC

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There are an infinite number of 'new coins'. They can be created and are created by the *millions* every single day in "crypto".
In my opinion the best filter in the long run that's ethically economically and technically sound for Bitcoin is the fee market... and a community that passionately *uses* Bitcoin to keep that market competitive.
The 'new coins' can be created in an infinite number of ways... and the 'shitcoiners' will run out of money eventually when people stop buying them. People don't have infinite money and over time they give up and move on.

2025-06-11 17:47:04 UTC

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We have to be able to define terms based on reality.

2025-06-11 17:19:47 UTC

Influencers out in Storm: Is *This* the Hill to Die On?
https://stacker.news/items/1003612/r/028559d218

2025-06-11 17:11:58 UTC

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I don't believe that filtering op_return is possible. It has been around 10 years... and any op_return of any size is enough space for degens to 'create' meme coins. A "rune" is just an op_return with a name... "indicating" arbitrarily that an output or outputs are 'memecoins'. It's really silly.
Couldn't other data schemes effectively do the same thing? The vast majority of inscriptions aren't even jpegs... they're 'tokens' or indicators for tokens which op_return can already do.

2025-06-11 17:09:09 UTC

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This is total nonsense

2025-06-11 17:01:34 UTC

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Whatever actually "is" an ordinal? An ordinal is not a thing.
An 'ordinal' is just an arbitrary made-up numbering system for 'numbering' Satoshis.
And an "inscription" is just a made-up blob of arbitrary data that can be artificially "sold" (but not really) by pretending that ordinals exist.
I "give" you the "numbered sat" and we "pretend" that you "own" that blob without necessarily owning any more *actual* Bitcoin.
That's all that 'ordinals' are. It's like numbering clouds.

2025-06-11 16:58:36 UTC

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So if the Knots clients with additional filters doesn't 'fix the spam'... the only course of action at that point is a consensus change. Which could result in a hard fork.
If the filters don't work well enough... then a consensus change is warranted. Right?

2025-06-11 16:52:12 UTC

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Because a 'client' is not something you do on a whim. It is a serious software project because it involves peoples money and capital

2025-06-07 08:34:47 UTC

Bitcoin Dies to Apathy
“The opposite of love is not hate, it's indifference. The opposite of art is not ugliness, it's indifference. The opposite of faith is not heresy, it's indifference. And the opposite of life is not death, it's indifference.”
― Elie Wiesel
https://blossom.primal.net/e2fe31cfab483053dd65fb301161d73e64b415a94dfa63a188723a8a75430370.png
If the only point of Bitcoin is for it to "go up" so you can trade it for more dollars...
If there is no point to self-custody and there's "no place" to spend Bitcoin...
If every spend, much less every transaction has to be recorded for tax purposes (because the government is so accountable with money) that it becomes practically impossible...
If people buy Bitcoin on an exchange and leave it there...
And they never interact 'on-chain' they just want others "to buy" and "pump their bags"
Because they're "getting ready" for a "crypto" run and they've never actually made a Bitcoin transaction... or used it and they're not interested in that anyways...
If people want the government "to buy" to "make it go up" regardless of their own ownership (which is ZERO) because they could care less about custody...
(As long as the government buys THEIR coin of course)
Because their favorite 'influencer' told them what to think and do!
And there's "no reason" to use Lightning (which "doesn't work" anyway) because you can "pay with Dollars" after Bitcoin "GOES UP" when you have *more Dollars* which is the entire point of "Crypto"...
So WHAT exactly is a node again? Who cares it doesn't matter.
And a seed phrase? Who cares you don't need one of those
And privacy tools? Why do you need those again... obviously the government will protect you after you tell them everything they need to know (which is EVERYTHING of course).
The Bitcoin is 'on the exchange' after all and Coinbase will surely keep it safe.
Because your private information including your home address will never be leaked on the Dark Web or anything like that by exchanges... KYC is totally really truly that which keeps you Safe (just ask Sen Warren).
You don't need to be responsible for your life or finances anyway... as Dollars will always be valuable because the government says so.
Obviously there's no reason to use Bitcoin Peer to Peer... because the future of Bitcoin is ON THE EXCHANGE! Just get ready to hit that Sell Button!
BY THE WAY have you seen Trump's new Memcoin? It's really going to pump
Especially when the government buys Bitcoin (with the tax dollars it steal-I mean collects from its citizens who give their full consent to Trump's crypto-schemes).
But hey guys Bitcoin is really doing so well!!!
Any day it's going to go 'mainstream' because you can "buy the ETF" and that way MSTR can NAV their way to More Bitcoin. Maybe one day they'll own all of it.
And you'll own none of it. Just shares of stock which you can trade for paper which will surely be valuable. Just ask the Dutch, French, British, or Germans. Got Deutschmarks???
The courage and decency to act in accordance with your beliefs? Totally outdated.
The courage to speak Truth to Power? Well not if it doesn't pay...
For as long as Bitcoin Pumps... that's what "our community" really wants.
Now who wants to Buy the ETF?
They say it's going up.
https://blossom.primal.net/4acf842398a8b9909a29ff7cdc3de2d8756a0a951c7e67990dd98b6a91c402c3.png

2025-06-05 02:54:58 UTC

Obvious question is Obvious: Where the hell is everyone???
For the life of me... I can't understand what is going on with the blockchain.
It's a simple question really: where the hell is everyone?
https://blossom.primal.net/3645457350538a9bd00b5a0bd533754e55a50966497b0b3553dd5f07bc2d4268.png
Think of all the daily transactions, all the settlement across borders, the daily spends people make, the Lightning channels that need to get opened (trivial really), the channels that need to get closed or 'resized'...
The availability of Phoenix, Zeus, much less self-run Lightning nodes, plus all the onchain activity...
I saw a transaction for 9 Billion (?!) dollars of Bitcoin settled the other day for around 2$. It was secure. It was verifiable. Sure... maybe wait 9 blocks or 12 to be extra cautious with regards to a reorg but even then it's final settlement in like 2 hours. What legacy systems can do that?
Companies and individuals make these kinds of settlements and payments every single day all around the world, 24/7 and the Bitcoin blockchain is always working and available even with other settlement systems simply don't have the uptime/availability.
24/7 people trade real estate, gold, stocks, bonds, trinkets... when it's daytime somewhere it's nighttime somewhere else so the demand really 24/7 to use the Bitcoin blockchain really should be overwhelming.
Need to trade a building in Tokyo for property or cash in Berlin? Ok SURE there's demand for that. Settle that 'digitally' on Bitcoin it's faster and cheaper.
And if you want a few Lightning channels, either on your own or with an LSP then open them and you have quick and cheap payments that overwhelmingly work (in my experience).
So where the hell is everyone?
3 thousand on-chain transactions in a block, maybe stretched to 200 million a year, among 8 billion people, 200 million companies, in 70 countries...
The demand for on-chain should be overwhelming.
So where the hell is the rest of the Human Race???

2025-05-31 04:51:51 UTC

Apathy, Indifference, Disillusion... Gilded Rust without a Foundation
https://stacker.news/items/993283/r/028559d218

2025-05-25 19:57:26 UTC

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So when a base-chain transaction is 10$... (with 99% monetary usage) will it be 'too high' or 'too low' at that point?
And *no* the fees will not be high because the 'reward is low'. The fees will be high due to block space demand because the entire world wants to transact on chain.
THAT is the future of Bitcoin and any other explanation/rationale imo about the future misses the entire point.

2025-05-25 19:54:05 UTC

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Spam filters 'work'... but they don't work well.
Yes they 'work' but not equally... and in their current state, especially with mempool 'filters' they only work on smaller miners. Large miners just create custom APIs and the interface to accept spam out-of-band to receive the high fees associated with arbitrary data.
Therefore the current 'filters' are broken... and in their current state tend to centralize hash-power rather than decentralize it.
In my opinion people saying that miners will 'decide' out of 'goodness' not to mine the spam is a pipe dream - they will mine whatever pays the most provided it is not a DoS attack (like unverifiable transactions).
Plus... decentralizing 'block construction' does NOT guarantee that miners "won't mine spam" if the spam pays higher fees. How does that make any sense? For Bitcoiners to *really* decrease the on-chain spam they need to make it more expensive to spam... and the only technically, ethically, and economically sound way to do that is *use* Bitcoin the money as money.
The more people use Bitcoin 'the money' the healthier it is overall.

2025-05-25 19:47:42 UTC

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What do you think the fees will be on Bitcoin in the future? High? or Low?
If and when Bitcoin becomes the neutral 'fed-wire' for the world???

2025-05-25 19:46:03 UTC

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What do you think the fess are going to be in a hyper-bitcoinized world? With Bitcoin as *a* global settlement layer for 200 million companies, 8 billion people, on 7 continents?
What are all the big companies and institutions going to 'pay' (much less countries) to get their transactions 'on-chain'?
what will you?

2025-05-14 07:00:56 UTC

10 Uncomfortable Truths about Bitcoin
https://stacker.news/items/979647/r/028559d218

2025-05-01 06:18:44 UTC

JPEGS or no JPEGS... Bitcoin dies without Fee Pressure. THAT is the Truth
https://stacker.news/items/968213/r/028559d218

2025-04-30 05:04:14 UTC

Misinformation about 'crypto' - Jim Stanford's Article
https://stacker.news/items/967010/r/028559d218

2025-04-25 07:31:33 UTC

A quick question - who is still buying this crap?
https://stacker.news/items/957834/r/028559d218

2025-04-11 14:24:01 UTC

Missing the Forest for the Trees: A 'Medium of Exchange' Dumb Post
https://stacker.news/items/940640/r/028559d218

2025-04-10 14:45:17 UTC

The WSJ (kinda) covers the Mar-a-Lago Accords plus Miran's Incredible Speech
https://stacker.news/items/939700/r/028559d218

2025-04-06 07:34:34 UTC

Thoughts on fees, blockspace utilization, BRC20s and What's Going On
https://stacker.news/items/935875/r/028559d218

2025-04-04 13:33:56 UTC

The "Silver Lining" to the Tariffs - forcing Hashrate OUT of the United States
https://stacker.news/items/934304/r/028559d218

2025-04-03 16:07:07 UTC

The Dollar is acting as a 'safe haven'...
https://stacker.news/items/933399/r/028559d218

2025-03-22 15:04:19 UTC

What are these Sats Worth? A Thought Experiment...
https://stacker.news/items/921520/r/028559d218

2025-03-22 02:08:16 UTC

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When did Nostr, or 'bitcoin culture' at least go so total-self-absorbed-incel?

2025-03-20 00:42:09 UTC

Matthew Kratter's Bitcoin University Pushing Pro-Kremlin Propaganda. Why?
https://stacker.news/items/918392/r/028559d218

2025-03-15 00:47:03 UTC

Does Saylor read Stacker News? Mr. Saylor's "Sat" Comments Identical to Mine
https://stacker.news/items/913582/r/028559d218

2025-03-10 05:50:10 UTC

Short PSA: Since the 'Merge' and Transition to PoS... Eth/Btc is Straight Down
https://stacker.news/items/908835/r/028559d218

2025-03-10 03:30:47 UTC

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Posts like these... are worthless because they never reach the 'target audience'. Ie 'normies' who think that 'crypto' is a scam or Ponzi scheme like tupils or beanie-babies.
If you're on NOSTR you already know a *reasonable* about Bitcoin to begin with, and at least are somewhat familiar with Lightning.
But that's .01% of the population. The vast majority of people think that 'crypto' (and by extension 'Bitcoin' with-which they don't differentiate) is a total scam.

2025-03-08 06:38:26 UTC

Bitcoin Users... and *especially* Lightning users live in a Total Bubble (sofar)
https://stacker.news/items/907254/r/028559d218

2025-03-02 17:51:45 UTC

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Bravo. Agree completely.

2025-03-01 19:36:21 UTC

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My guess... the vast majority of 'pro-Russian' social media people... are either Bots.
Or somehow they are paid/compensated for comments, or they have truly *never* been to Russia.
Somehow the 1 + 1 = 3 has infiltrated the social media space, and to see it infiltrating the 'nostr'/Bitcoin space is not exactly encouraging.

2025-03-01 19:20:58 UTC

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USAID is not funding Bitcoin anything.

2025-03-01 19:15:38 UTC

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The greatest adversary to Russia... is probably the Russian government itself. It is hugely corrupt, with no freedom of the press or of speech, and political 'opponents' wind up somehow in jail or worse.
Russia has great people... but a terrible government that has made it poorer.
Right now Russian troops are in Ukraine... not the other way around. If 'Russia' wants to 'end the war'... can't they just leave Ukraine altogether? What does they have to do with NATO?

2025-03-01 19:12:19 UTC

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They 'had enough'...
So they had to launch missiles and rockets and drop bombs on Ukrainian cities and infrastructure? Destroy cities with bombs and rockets, well inside the borders of Ukraine, to keep 'the West' from poking?
So when does Russia remove all its troops and tanks and weapons from Ukraine?

2025-03-01 19:10:01 UTC

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So if the US doesn't send money and resources to Ukraine...
Then that will reduce the budget deficit?

2025-03-01 19:08:38 UTC

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The EU narrative...
What EU narrative?

2025-02-08 19:59:58 UTC

Bitcoiners have Somehow, Unfortunately, Lost the Plot
https://stacker.news/items/879919/r/028559d218

2025-01-29 23:54:22 UTC

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What... what is it?

2025-01-28 20:42:51 UTC

https://stacker.news/items/867979/r/028559d218

2025-01-25 04:02:42 UTC

https://stacker.news/items/863018/r/028559d218