This is why the resistance does #XBT (b2b).
Interpretation - The big institutional players infiltrated the core devs, then bought off the big mining pools. Everyone else (except us) passively upgraded like lambs to the slaughter...
source: Google Gemini #bitcoin#b2b
@_kami_gawa XBT is Bitcoin. We changed the algorithm to Blake2B in order to avoid the continued centralized control of SHA-256 algorithm "Bitcoin".
You should pay attention more my friend.
@BlueDavid@rektsorekt CCP (China) pool dominance is far higher than that even today, and no one seems to care. USA and CCP pool dominance is 90% of the network, and very few Bitcoiners care
@TheBTCTherapist Almost no one has exposure to #bitcoin on #blake2b yet. That is the real story. The upside pressure will when people realize ot is the only true sound money will be enormous.
🔁REPOST, MUST WATCH INTERVIEW JUNE 15th 2026
Bitcoin isn't digital gold. It's not locked in by math. You can kill it.
@_BitcoinMatrix #279 Bitcoin Core Has Gone Rogue | @mattkratter, Bitcoin University
The man who ran money at Peter Thiel's hedge fund came on to explain who's trying, and why the only thing protecting Bitcoin is the people who run nodes.
Matthew Kratter, Bitcoin University founder, former Clarium / Thiel-world macro trader, early Palantir investor, joins me to lay out the fight consuming Bitcoin right now in plain English: why he says Bitcoin Core has "gone rogue," the spam war over OP_RETURN and BIP-110 he calls Bitcoin's last stand, why consensus flows from culture and not code, who actually controls the network (hint: not the miners), and how to mine Bitcoin from home for about $10 a day.
Send this to anyone who thinks Bitcoin can't be stopped.
TIMESTAMPS:
00:00 Intro
01:00 Physics dropout to literature: Stanford & Berkeley
05:27 René Girard & meeting Peter Thiel
07:56 Becoming a trader: Thiel Macro to Clarium
12:43 The PayPal mafia, network effects & the dot-com bottom
20:23 Global macro at Clarium & the 2003 housing-blowup call
24:08 Napster, PayPal & the "new world currency"
28:32 Government as the ultimate customer: Palantir & the CIA (In-Q-Tel)
36:00 Deep-state roots: is Peter Thiel captured?
49:32 Culture is upstream of consensus
57:00 Bitcoin isn't magic: nodes, immutability & the spam risk
1:01:42 Why spam is a problem: tragedy of the commons
1:04:30 Spam since Satoshi & the 2014 OP_RETURN war
1:14:30 The changing of the guard at Bitcoin Core
1:18:43 Core uncaps OP_RETURN to 100,000 bytes
1:28:00 Consensus flows from culture: the 2nd Amendment analogy
1:35:20 BIP-110: the temporary soft fork
1:44:00 Why small blocks, and running nodes in Cuba
2:18:55 SegWit & the 2017 UASF: how 500 nodes won
2:24:00 The miners are just employees: node runners set the rules
2:41:46 "Firing the miners": changing proof-of-work
2:55:18 Bitcoin Core went rogue: the last stand
2:58:50 You can kill Bitcoin
3:01:20 Mine Bitcoin from home for ~$10/day, KYC-free
3:11:09 Where to find Matt
▶️ https://t.co/lvKdVis4UJ
I just have one thought before I go to sleep. Unless you are happy being a hired gun, why would anyone want to do work on the SHA256 chain? It's like, I'm happy to do work as a lawyer as a hired gun, because of all the downstream benefits and immediate financial rewards. That chain is so completely captured and psyoped and riddled with constructive narratives, unless you are just like the lawyers and the bankers and brokers, and everyone else in the fiat world, why would you choose to work on anything involving the SHA256 chain?
You would have to be delusional to think it now is, or ever could be in the future, anything initially intended for Bitcoin by Satoshi.
So why are people interested in it at all anymore? If not as a yet another fiat controlled area of commerce? It would be far more pleasant if people just took off the literary illusions they are spinning to themselves and and, I guess, a fully involved cult that drank the Kool-Aid and is never giving up that drink.
I mean sure, I'll follow Justin Bechler into NGU if I find this is the best way to provide for my son's trust fund he needs because he is chronically ill so he is adequately funded after his dad and I are no longer here. I like more money rather than less as well as the next person. By why pretend this enterprise since BIP-100 exposed the complete and absolute total enmeshment of law, regulation and corporate capture with anything that has to do with the SH A256 chain?
I guess the Kool-Aid doesn't wear off for some.
@1914ad@mattkratter@NickSzabo4@LukeDashjr@DavidFBailey@Excellion@adam3us
@BTCsessions@CuriosityDad Surprised you even show your face after getting so many wrecked and most likely lending a hand to a few suicides. Let's be real, btc influencer are a stain on society.