“Proof of Human Work Is Dead” is the title of this story that I told in Columbus, Ohio yesterday at Midwest Bitcoin Summit.
Gold is scarce because getting it requires work.
But machines make work cheaper.
They can make more gold.
They can make more intelligence.
They can make more of almost everything.
And as AI and robots make human labor less necessary, governments will likely respond by creating more money to keep people consuming.
But Bitcoin is different.
Point more machines at a gold mine - you get more gold.
Point more machines at a data center - you get more intelligence.
Point more machines at Bitcoin - you still get the same 21M Bitcoin.
The difficulty changes. The supply doesn’t.
That’s the story.
I was tired of being asked by my friends if something they were buying was a good deal, so I vibe coded a Chrome app that could do it for them.
Check out Sweet Dill and let me know what you think! (link in bio)
Why I did it 🧵
@DDamidez @dotkrueger@bensig @pumpdotfun @RaydiumProtocol Critique the communication or optics if you want, but calling this a scam or rug pull doesn’t match the facts. Meme coins like this are speculative chaos, not calculated fraud.
Bitcoin L2 Overview - Episode 3 - @BotanixLabs
Botanix is a Rust-ETH implementation that has a very nice, clean website which invites you to "build on bitcoin." I could not get much of anything to work on here.
Bitcoin L2 Score: 10/50
🌉They have faucets and a bridge - these do not work according to my tests.
🚿Actually tested 2 faucets on Botanix - both failed to deliver any coins and did not even give me a transaction ID.
🥑There is also @Avocado__Swap which is a PancakeSwap fork that I was unable to test out because I could not get any testnet BTC from the faucet.
I have 2 transactions that are pending on the Bitcoin testnet but no BTC in my Botanix wallet yet.
CC: @danheld@dotkrueger - here is one of the chains your followers wanted reviewed