Jay Berg

1st to tweet $BTCUSD. @SidepitExchange Bloomberg '98, Fortress '07, Bitcoin '10, Sidepit '23 ☀️ᚠ 🥪

[Jay Berg @jaybny]

$BTCUSD 12.00 new high! http://t.co/OkGUeE9v $$ @zerohedge

[Jay Berg @jaybny]

@giacomozucco @ercwl @simulxxx @z3ke_sk1 @hampus_s @LaurentMT @4moonsettler @BunkFreamon @JeremyRubin @reardencode @robin_linus @Polyd_ @markgoodw_in @matthewjablack @ursuscamp @BitcoinIsaiah @OwnNothingBFree @1440000bytes @itme_brain @aeonBTC @callebtc @rot13maxi @bergealex4 @LukeDashjr @TuurDemeester @lightcoin @TonyCai_ @DavidFBailey @boyacaxa @AlexEmidio7 @adam3us so much for healing the community - instead of a true consensus upgrade - we got bip110 - thanks Giacomo - good job.

[Jay Berg @jaybny]

@BranBTC plebeians (often shortened to "pleb")

A person of lower social status or a regular, everyday citizen.

Unrefined Tastes: Things that appeal to the masses but are perceived as lacking high-quality

[Jay Berg @jaybny]

@NY_HODL https://t.co/9Pl3revdbN

[Jay Berg @jaybny]

Here's the logic. We're running a soft fork of Bitcoin Core. At activation day, we will only be accepting valid Bitcoin transactions. bip110 signaling are miners that claim to be ready. so, we just have to ignore the other miners and only accept valid blocks. This is Bitcoin. There is no hard fork, and if we get attacked, then we change the proof of work algorithm. stay tuned for part2.

[Jay Berg @jaybny]

@1791_mike @derekmross it shouldn't

[doomsettler 🥪 CTV / LNHANCE 🔥! @4moonsettler]

but as i tried to work around the problem and unpack how this should ideally work, i once again realized that without covenants the UX is just garbage.

once again i was reminded how f***ing awesome bitcoin could be if it's development was not bogged down by mental illness.

[Jay Berg @jaybny]

@GrassFedBitcoin Tell me you don't know what consensus is without telling me you don't know what consensus is.

[Jay Berg @jaybny]

@AAStack this is the consensus opinion

[Jay Berg @jaybny]

@elkrun21 ok Roger 👌

[Jerry | Lightswarm @Lightswarm]

@jamesob When is an implementation getting released? I feel this op_return crap is taking the appetite out of any covenants discussion

[Softfork Mechanic #BIP-110 @GrassFedBitcoin]

@jamesob NACK

[Jay Berg @jaybny]

@adam3us @grok @LukeDashjr @AAStack @BenJustman The reason we're in this mess is because of the ctv fud. ctv objectively had consensus. If only the toxic pleb retards were trying to force bip119 instead of 110 🤔

[Jay Berg @jaybny]

what happens when devs are no longer in charge you ask? How about thousands of non technical Bitcoin plebs going out and creating their own network to "ensure censorship resistance in case something breaks"

I honestly can no longer even

[Jay Berg @jaybny]

@1914ad bip119

[Jay Berg @jaybny]

@ausbtcclub agree with everything here except bip110

[doomsettler 🥪 CTV / LNHANCE 🔥! @4moonsettler]

@Pran10000 some people either get more educated about how bitcoin works or stay retarded and find solace in some silly conspiracy cope.

[doomsettler 🥪 CTV / LNHANCE 🔥! @4moonsettler]

this idea that a UASF automatically succeeds unless opposed by a larger URSF and therefore you need to URSF everything that you see as even slightly controversial, needs to die and be buried forever.

and it will, in august. not long now.

[Jimmy | CTV + CSFS | LFG @BunkFreamon]

Is this consensus?

Cc @sethforprivacy @TheGuySwann @nvk @brian_trollz

[Jay Berg @jaybny]

@ZeroHedge_ it's a preferred stock - the yield comes from dilluting MSTR Equity - which ultimately retains value for regulatory arbitrage for large pensions to take Bitcoin risk via premium bond sales - and uses Bitcoin twitter/retail for exit liquidity

[Jay Berg @jaybny]

@Cryptotea when will bitcoin bottom?

[Jay Berg @jaybny]

@Sovereign_Matt it gets worse... there is a $btcusd price above 0 where $mstr equity goes to zero and the bond holders get all the bitcoin - and that price keeps moving higher.