I agree the relaxation of data filters is relatively recent. That said, it may still be the correct direction: as Bitcoin matures, the base layer should trend toward greater neutrality rather than more subjective restrictions. The existing fee market combined with the fixed block size already provides strong rationing against low-value activity.
My 2 sats, the more serious concern is what a successful BIP-110 activation would demonstrate. If a soft fork can invalidate previously valid mined blocks purely because they contain certain data, it establishes that the more restrictive chain can capture the network. That outcome is particularly dangerous from a regulatory perspective — it proves consensus rules themselves can be used as a filtering mechanism under pressure.
I AM HODLING (2026 Edition)
I typed that title twice because I knew it was wrong the first time. Still wrong. w/e.
Sentiment is in absolute hell right now, Saylor dumping and buying like a madman swinging that big ass position, BTC acting schizophrenic again. WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a million bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~!
Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people in between hold. In a zero-sum game such as this, traders can only take your money if you sell.
Had to buy a damn Hyundai, can't even make the move to a bigger house right now... but fuck it.
so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)
HODL strong, frens. The fiat printers are still running, the node is humming, and the long game hasn't changed. 🚀
Many have asked why #Bitcoin's price has been range-bound for months and whether "paper Bitcoin" is to blame. Voices like @WhalePanda and @adam3us have chimed in. While paper BTC may plays a role, I don’t think it’s the main issue. Here are my two sats:
1) OGs Cashing Out: Bitcoin hitting $100k was a major psychological milestone. Many OGs, holding thousands of coins, may be selling now. We’re at a stage in adoption where people can believe the diminishing returns theory (though I’m skeptical of this theory). OGs, often in their 30s-40s, reaped massive percentage gains and may have "retired" early. They’re in prime spending years, facing high costs, and have access to diversifying into private investments with comparable or better returns maybe even some with cash flow. Sales from OGs are most likely split evenly between exchanges (causing sharp dumps) and OTC trades, as few canv have deep OTC connections.
2) Institutional Buying via OTC: Unlike retail, institutions buy through OTC to avoid pumping the price. They’re patient, well-connected, and wait for optimal prices, which keeps market movement subdued on the upside. This will eventually catch up.
Once retail mania returns or OG supply dries up, the price will climb. Take these dips as opportunities. HODL strong and your time to be an "OG" will come. It is programmed...🚀
Bitcoin’s Security Budget Problem is Solved
Bitcoin’s “security budget” is often framed by altcoiners as a looming shortfall as block subsidies halve. That framing mixes two different things. The rules of Bitcoin (eg 21 million cap, validity of transactions, block weight limits) are secured by full nodes and private keys. Miners don’t set or change those rules; they only propose blocks that fit within them. What mining buys is settlement finality: how costly it is to censor or reorder recent blocks. The question, then, is whether the network can reliably make reorgs and censorship uneconomic as the subsidy shrinks.
Contrary to what Ethereum influencers claim, Bitcoin’s budget for finality is NOT a fixed paycheck; it’s a market price that rises when needed. When marginal miners can’t cover electricity costs after a halving, they shut off, blocks slow temporarily, and the difficulty adjusts every 2,016 blocks to restore ~10‑minute blocks for the miners who remain. When confirmations become scarce or unreliable, whether from congestion or attack, the fee rate (sats per vbyte) climbs as users compete for the next block. That converts scarcity directly into miner revenue. At 1,000 sats/vB across ~1,000,000 vB, a single block’s fees are about 10 BTC—often more than the subsidy. We’ve seen this play out: fee blow‑offs in 2017 and 2021, and in May 2023 multiple blocks where fees alone exceeded the subsidy. In practice, miners respond by filling blocks to capture those fees, not by leaving money on the table.
Users have levers that steer revenue to the honest tip. With Replace‑By‑Fee (RBF) and Child‑Pays‑for‑Parent (CPFP), they can rebroadcast transactions with higher fees or attach a high‑fee child to an unconfirmed parent, instantly elevating inclusion priority. That concentrates rewards on blocks that confirm parents and makes omitted transactions a bounty for whichever miner defects from any censoring or undercutting strategy. Mining pool competition operationalizes the effect: when fees are rich and visible, each pool has a dominant incentive to defect first and claim them now, collapsing any cartel that tries to suppress or sequence transactions for nefarious purposes.
If attacks persist, receivers can raise confirmation thresholds for high‑value transfers, stretching an attacker’s required time and energy while urgent senders bid up fees to start that clock immediately. These logical user‑side controls ensure that any sustained attack must burn growing resources against rising rewards for the honest chain.
The solution to the security budget problem is clear: nodes lock the rules; difficulty adjustments re‑equilibrate participation; the fee market prices scarce blockspace on demand; RBF/CPFP and mining pool competition route revenue to the parent‑confirming chain; and confirmation policy dials assurance as high as needed. Empirically, Bitcoin has already demonstrated this behavior: fee spikes during stress, miners maximizing fee inclusion, and rapid reversion to normal once backlogs clear. As subsidy declines, fees don’t have to be permanently high; they need to be responsive when finality is under threat. That responsiveness is exactly what we observe. The “security budget problem” isn’t a gap to be filled with permanent tail inflation, it’s a market process that scales up the cost of attacks precisely when it matters.
Mandates by Executive Order:
A Strategic Bitcoin Reserve— a stack of $BTC that will never be sold with plans to actively acquire more.
A Digital Asset Stockpile— a basket of seized non-bitcoin cryptocurrency… that only can be sold for the purpose of acquiring more $BTC.