luca shortsqeeze

#bitcoin

[Saifedean Ammous @saifedean]

Going off the gold standard in 1914 stopped a centuries-long increase in affordability of homes by degrading the value of money, forcing people to use their homes as saving accounts, raising house prices beyond the rise in income

[Connor Boyack 📚 @cboyack]

Garrett Langley runs Flock Safety, a $8.4 billion company whose AI-enabled cameras, more than 100,000 of them, now line the roads of over 6,000 American communities. Will Freeman is a software engineer whose open-source project, DeFlock, maps the locations of publicly visible surveillance cameras so individuals can see where they are being watched.

For this, Langley has called DeFlock a “terroristic organization” whose “primary motivation is chaos.”

Sit with that inversion for a moment. A billion-dollar enterprise photographs most cars in America (regardless of whether their drivers are suspected of a crime), logs each vehicle’s movements into a searchable national database, and grants access to thousands of police agencies, no warrant required. A private citizen responds by noting, on a map, where the cameras sit in plain view atop public poles. And in the CEO’s telling, the man with the map is the menace.

Consider how strange this standard is. Tens of millions of Americans open Waze every day, an app that lets drivers flag police cars and DWI checkpoints in real time. When the NYPD demanded Google shut the feature down, the company refused, noting that informed drivers make safer decisions, and nobody seriously calls Waze a terrorist network. Freeman's map does less than Waze.

The ACLU (rightly) called Langley’s assertion “simplistic, juvenile, and ultimately authoritarian.” But even that seems charitable. When merely watching the watchers gets branded as terrorism, something foundational has flipped in the relationship between citizen and state.

Fairness demands we grant Flock its strongest case, so what is that?

(Continue reading, link in the thread…)

[Jesper Bylund -- just/acc @JesperBylund]

The EU has blocked a chat control skeptics talk on YouTube.

But here’s the thing, the content is in Finnish, and Finnish law allows for this exact thing.

So the EU is currently illegally blocking free press in Finland.

[Stephan Kinsella @NSKinsella]

Rothbard Takes Portugal: 100 Years with Rothbard: A Personal Account https://t.co/CrCSZQF8G9 @propfreedom @AlessandroFusi9 @saifedean @mcaogando @marisa23jp @MartinCGamazoR @ograu90 @jfcarpio

[Giga Based Dad @GigaBasedDad]

The reality of the situation on the ground right now

[Rothmus 🏴 @Rothmus]

The EU used a procedural trick on the last day before recess to ram through mass scanning of private messages, even after the majority said no.

This is how bureaucrats override the people when the vote doesn’t go their way.

You simply don’t have rights in Europe, only privileges the administrative state can revoke whenever it wants.

That is what they call their “democracy.”

[luca shortsqeeze @DesperadosIT]

@ogafroman Crypto = SCAM
study ₿... only

[Walker⚡️ @WalkerAmerica]

My father-in-law escaped communism.

He often reminds me “you’ll never convince an idiot that he’s an idiot.”

I think about that a lot…

Anyway, thought that bit of wisdom might be helpful for anyone trying to maintain their sanity on this app.

[Documenting ₿itcoin 📄 @DocumentingBTC]

On this day in history, 16 years ago, Satoshi Nakamoto explained why Bitcoin is safe from quantum computing breaking the software because, “When you run the upgraded software for the first time, it would re-sign all of your money with the new stronger signature algorithm”

[Giacomo Loathsome Bitcoin Destroyer Zucco @giacomozucco]

@BtcInfinityShow Because I think its failure will damage the anti-spam and core-critical front, and embold the spam-friendly and core-elitist one.

[Saifedean Ammous @saifedean]

Yes, although not exactly in the way you frame it. The more it happens, the higher the transaction fees for monetary networks and the higher the cost of storing the blockchain, effectively making Bitcoin less efficient as a technology for money. This is, however, distinct from the case I make about secondary uses of money undermining its monetary role. That refers to things like jewelry demand, which many goldbugs think enhances gold's monetary role, but I argue (based on Mises) it actually undermines the monetary role by making the market value of gold oscillate based on things other than its monetary demand, undermining its effectiveness as money. This is different because the file storage on bitcoin does not produce a significant demand for bitcoin, so does not affect its market value, but it does affect transaction fees and blockchain size. So the logic is different, but the conclusion is the same. Still, I don't believe this is a serious issue for bitcoin as you have to be clinically regarded to want to waste your bitcoins on jpeg receipts, and the people who do this are all going broke selling these moron certificates to each other. They are unable to expand the blockchain size beyond what consensus allows, storage costs are constantly declining, and their ability to pressure transaction fees seems to be constantly declining.

[Dr. Friedrich Pürner, MPH @DrPuerner]

Mein Eindruck von der heutigen Abstimmung über die Chatkontrolle im EU-Parlament: Ein beträchtlicher Teil der Abgeordneten hatte nicht den leisesten Schimmer, was Sache ist. Es kam zu tumultartigen Szenen, und eine entscheidende Abstimmung wurde künstlich lange offengehalten, bis die Abstimmungsgeräte geschlossen wurden.

Man könnte fast meinen, das alles passiert mit voller Absicht. Ach was, streichen wir das „fast“ – man kann es absolut glauben, man kann es halt nur nicht beweisen.

Dieses Hohe Haus ist kein Parlament mehr, sondern gleicht eher einer intellektuell und demokratisch verwahrlosten Butze. Ein reines Scheinparlament.

Wenn wir überhaupt noch abstimmen dürfen, dann doch nur, damit die Presse das ohnehin feststehende Ergebnis brav und kritiklos vermelden kann. Im Prinzip könnten von der Leyen, Metsola und Manfred Weber das Resultat vorher auf eine Serviette schmieren und direkt an die Journalisten verteilen.

Um es ganz klar zu sagen: Die Ergebnisse stehen längst fest. Was hier in diesem Parlament abgeliefert wird, ist eine einzige Schande. Was hier in der Europäischen Union läuft, ist hochgradig antidemokratisch.

[BITPOST P2P @bitpostP2P]

🥹 Here we are!

🎆 One day left until the official launch, and from tomorrow a new adventure officially begins.

The world will be able to use the first version of BitPost: an innovative service that makes P2P possible in a concrete way, with the world’s first integrated multisignature wallet, designed to combine security, simplicity and convenience through the Lightning Network.

🥺 The emotion we are feeling is hard to describe.

Behind this project there are thousands of hours of work, sacrifices, discussions, sleepless nights and a determination that never faded.
Getting this far has been anything but easy.

There were problems that seemed impossible to solve, and moments when everything finally seemed to be going in the right direction, only for new obstacles to appear and make everything feel like it was falling apart again.

📌 Every detail has been thought through, corrected, discussed and rebuilt with one single goal: to create something unique, useful and secure, worthy of our users’ trust.

🧡 From tomorrow, it will finally be possible to exchange and use Bitcoin in a concrete way.
For now, we will start with Amazon, but with a much bigger vision...

🌐Soon, we will make it possible to use Bitcoin on any platform, without depending on the direct consent of e-commerce platforms.
BitPost was born to contribute to the creation of a true circular economy on Bitcoin, without borders, without barriers and without the limits imposed by traditional infrastructures.
BitPost was born from months of work, difficulties and from a belief that never left us: making P2P exchanges simpler, safer and more accessible.

🙏 A special thank you goes to the entire team.

Each of you helped turn into reality what, without your commitment, would have remained only an idea in Zio Satoshi’s mind.
🥹 Thank you, guys.

From tomorrow, we are not just presenting a platform.
We are starting a journey together.

🫵😎 Let the P2P begin!

[luca shortsqeeze @DesperadosIT]

@BitcoinCabana Dovevano solo insistere su knots..., sarebbero già oltre il 50% di nodi knots!
Con bip 110 hanno fermato l'adozione perché non ci sono sufficienti motivazioni per il 110!

[luca shortsqeeze @DesperadosIT]

@alessahdro @Pinperepette Quando arrivi al punto in cui dici tu te ne devi essere già andato (votato con i piedi)!

[luca shortsqeeze @DesperadosIT]

@Pinperepette Non è rassegnazione è una presa d'atto e di coscienza! La difesa da ciò è individuale! Il sistema democratico è rotto🤷🏻‍♀️

[luca shortsqeeze @DesperadosIT]

@MartinaG2702 I cypherpunk scrivono codice perché sia incensurabile, ho il dubbio che serva a poco cercare la "giustizia" da un regolatore col monopolio della forza!

[Giacomo Loathsome Bitcoin Destroyer Zucco @giacomozucco]

Men, not all of it.

> AFAIK BIP-110 won't hinder RGB

Absolutely correct.

> RGB's entire purpose is to support non-bitcoin assets on the Bitcoin network.

Absolutely false. As publicly stated several times over the years, my interest in RGB only comes from the idea of client side validation as scalability/privacy/censorship-resistance boost for Bitcoin itself ("RGBTC"). But that would require some yet to be discivered pegout strategy (maybe some BitVM heir, someday). In the meantime, tokens and shitcoin scams (especially the ones I like more because they try to scam regulators and not investors, like "stablecoins") can be a testbed, especially since other ways to do "assets on Bitcoin" would hurt its fungibility, scalability, L2-liquidity, MEVil-resistance and censorship-resistance, while RGB would strictly improve them.

> consuming Bitcoin (network) resources for anything other than bitcoin (the money) is detrimental to bitcoin.

Agreed, that's why RGB doesn't.

> the fear these parasites have of BIP-110 is the precedent it firmly implants in the bitcoin ecosystem.

Fundamentally correct. As of now there's no "fear" of it succeeding, since I'm convinced it will fail spectacularly (if anything I fear the effect of its failure on Bitcoin culture). But if I thought it had any chance, I would definitely fear it as precedent.

> It shows that an intolerant minority can affect change when necessary to keep bitcoin immutable money.

Obvious contradiction in term. It would show that a minority can impose change, thus damaging Bitcoin's immutability as neutral money.

> So, if/when the network starts to become overwhelmed with stablecoins, RWAs, NFTs, etc ... all enabled by RGB, Taproot Assets, Arkade Assets, etc ... we know there's a group of BIP-110 minded folks who will act to prevent it, even if it takes another UASF.

Absurd: even undoing Taproot we could still make it work using custom pay-to-contract commitment, as it was before Taproot. There's no realistic way to stop them.

> This is the major reason for the anti-BIP110 rhetoric, imo.

Completely false.