FullNodeDad #BIP-110

🇺🇸🇨🇳🇷🇺 #Bitcoin

[Cole @ColeStuart177]

I wrote a book about money, scripture and Bitcoin.

It's called Bitcoin for Latter-day Saints, and it comes out soon.

Here's why I wrote it 👇

[FullNodeDad #BIP-110 @FullNodeDad]

@leojohnhenry @pastorcoin @Realgrumpytech Paraphrase: 6 diceware words from EFF short wordlist # 2. ~50 characters. https://t.co/tJ4jaCX36H

[FullNodeDad #BIP-110 @FullNodeDad]

@plasmarob Thank you!

[FullNodeDad #BIP-110 @FullNodeDad]

@abitcoinperson 🙏🧡

[FullNodeDad #BIP-110 @FullNodeDad]

BIP-110 activates on 8/8. The pronunciation of 8: “bā” sounds like the word for dad: “bà.” That’s why many celebrate August 8th as Father’s Day. I’m FullNodeDad, wishing all plebs a happy Father’s Day and BIP-110 activation. Bitcoin is money! 加油！

[1-year Coinbase Maturity Dave BIP-110⚡️ @davelund_]

中國現在正在討論BIP-110

[FullNodeDad #BIP-110 @FullNodeDad]

@FractalEncrypt @digitalnaut @pastorcoin Roll dice for the first 7 bits of the 12th word, then sum them to get an index. Look up the word at that index. This, or another of the next 16 words could be your checksum 12th word. Try each one on the device until it works.

[FullNodeDad #BIP-110 @FullNodeDad]

@JirkaKroulik Roll dice for the first 11. Roll the first 7 bits of the 12th, sum to get the index, then guess each of the 16 words starting at that index. 1/16 chance for a correct guess. Doing this on Trezor was time-consuming. Start over after a wrong guess. Needs better UX.

[El OP_GFY Kanin ⚡ @herrpuppekanin]

One very good reason to support #BIP110 is that the OP_RETURN change in core seems to be of the utmost importance to the suits, _yet they won't tell us why_ #Bitcoin

[🇦🇺Luke Mikic- The 9-5 Escape Artist🇵🇪 @LukeMikic21]

I read this article 6 years ago when I bought my coldcard Mk3, and I generated my seed phrase with 100 roll dices.

It wasn't easy, and I certainly questioned whether I needed to do it at the time.

It's times like these that I'm thankful to be autistic.

Being paranoid pays.

Thank you Arman the Parman! @parman_the 🤝

https://t.co/3zJDJY5gSU

[Hardfork Kratter @mattkratter]

Pleb node runners are the guardians of Bitcoin-- they are the constituency that is the most difficult to capture or control-- unlike political actors, CEOs, corporations, media personalities, influencers, and devs who rely on external funding

[BTCbello #BIP-110 @Bitbello]

Serious question to bitcoiners on both sides of the node wars: do you think Russian, Kenyan, Chinese, Iranian, Kazakh...miners will all go along with the USA Consortium compliant Bitcoin Core code? Would you if you were an iranian miner? I certainly wouldn't. I'd flip the Bit.

[drumr_ @volpeLP]

Black Rock and Wallstreet funding developers = Yay!

The FBI director giving a speech at the Bitcoin Conference while a developer is in jail = Whatever.

Your node doesn't matter = Neutrality.

Bitcoin is not money, use STRC as credit = Free money glitch.

Spam (introduced by Taproot) is necessary to keep Bitcoin secure = Say no to censorship.

Stablecoins being mentioned more than Bitcoin itself at Bitcoin conferences = Bullish adoption.

Treasury companies extracting billions using Bitcoin as a narrative = Institutions will pump my bags, whatever.

Are you awake yet, Bitcoiner?

[MarylandHODL (aka The Transition) @MarylandHODL21]

Big Bitcoin (i.e., the State) is putting an extraordinary amount of time and energy into undermining Bitcoin’s future monetary use cases.

We should ask ourselves why, because they already appear to be embracing Bitcoin as a store-of-value asset. If that role were the real threat, why spend so much effort opposing its evolution/preservation as money?

The answer may not be about Bitcoin itself. It is about preserving the long-term supremacy of the U.S. dollar and Tether. A Bitcoin that primarily stores value can coexist with the existing monetary system. A Bitcoin that also becomes a widely used medium of exchange and global settlement network is a fundamentally different challenge.

History offers an interesting parallel.

Gold was once money. Over time, it was removed from circulation, stripped of its monetary role, and relegated to being primarily a reserve asset and investment vehicle. People stopped using it as money and instead speculated on its price. Gold wasn’t destroyed… it was monetarily neutralized.

Bitcoin is different because it can be both a scarce reserve asset and a permissionless monetary network. That dual nature is precisely what makes it disruptive.

If your objective were to preserve the existing monetary order, you wouldn’t necessarily try to ban Bitcoin. You would embrace it as “digital gold” while gradually constraining the very use cases that allow it to compete as money. Concentration, regulatory capture, and protocol changes that diminish Bitcoin’s monetary utility would all move in that direction.

A Bitcoin that people merely speculate on is far less disruptive than a Bitcoin they actually use to save, settle, and transact outside the legacy financial system.

The goal, then, isn’t necessarily to destroy Bitcoin. It’s to shape its evolution… preserving it as a high-value reserve asset while preventing it from maturing into a competing monetary standard.

In other words, don’t kill Bitcoin. Turn it into the digital equivalent of gold: an extraordinarily valuable asset that people admire and speculate on, but one that no longer meaningfully challenges the monetary system it was designed to replace.

[Start9 @start9labs]

In any war, one of the most important and effective strategies is to DEMORALIZE your enemy, to convince them that fighting or continuing to fight is immoral, futile, or harmful.

Don't fall for it. The truth is they are weak and terrified of the power of nodes.

[hodlonaut @hodlonaut]

I support BIP-110 because I believe it is important, the right thing to do, and good for Bitcoin.

[. @GrassFedBitcoin]

19 more days of desperate nonsense

[ADAM @adamemedia]

Man I really hate how much China is influencing our elections…

[Bitcoin Well @bitcoinwell]

A gold analyst just made the best case for bitcoin I've heard all year. By accident.

His whole thesis: "the beauty of gold is it's not used for anything." Send gold to $1,000,000 and nobody gets hurt. Send corn to $1,000 a bushel and people starve. Send oil there and the economy collapses. A reserve asset has to be useless, because money that doubles as something people need to consume punishes everyone the moment it goes up.

He's right. He just stopped one step short.

Gold still has day jobs. Jewelry, electronics, dentistry. Bitcoin is used for even less. It was built to be money and nothing else. No industrial demand fighting its monetary demand, nothing to melt down, no factory waiting on the supply.

Gold is useless enough to be great money. Bitcoin is useless at everything except being money. Same principle, taken to its logical end.

The purest reserve asset isn't the one with the fewest uses. It's the one with none.