@TheBoozles Essentially it's, why bother since spam can still make it on chain via other more complicated methods. Which is like saying why bother cleaning my house of any dust since dust can still build up during and after I clean it.
@GrassFedBitcoin@MrHodl@w_s_bitcoin@_DannyKnowles It's just like spam filters on your email. Could you imagine NOT having any spam filter on your email. It would almost render it unusable. Even with spam filters it gets bloated like hell
@Anton__BTC Would also need to make sure Incoming Peer Connections are turned on. In Umbrel: Settings -> Peer Settings tab -> Under "Incoming Peer Connections" click the toggle switches for Clearnet, Tor & I2P and save changes.
@FrankCurzio Hearing a lot of this Bitcoin is dead sentiment filled with doom and gloom. That usually means we're close to a bottom. So bullish for Bitcoin!
@GaryCardone I think it means we're probably coming upon the bear market's grand finally. The sentiment goes through the same dynamics every cycle. IMO I think the lowest we'll see though is low 50k level, but I could be wrong
The main justification from Core for the OP_RETURN uncap is “harm reduction”.
The argument is that inscriptions done via the segwit/taproot hack have potential to do more damage than inscriptions via OP_RETURN.
Thing is, @LukeDashjr made a PR in 2023 to fix the vulnerability introduced by taproot.
PR #28408
It would “effectively limit arbitrary data carried via newer methods (including SegWit witness data and Taproot scripts), which inscriptions/Ordinals were using to bypass the existing OP_RETURN-based limits and embed larger payloads.”
If that had been merged, the current harm reduction narrative wouldn’t even be there.
It wasn’t merged. Core didn’t want it.
Peter Todd was among those who Nacked it with this rationale:
“The transactions targeted by this pull-req are a very significant source of fee revenue for miners. It is very unlikely that minres will give up that source of revenue. Censoring those transactions would simply encourage the development of private mempools - harmful to small miners - while making fee estimation less reliable.”
Note the use of the word “censoring” to describe fixing a very recently introduced vulnerability that opened up for ordinals.
Self inflicted wound, willingly not patched up, used as rationale for a new self inflicted wound.
@omoelerinjare1 This is definitely not in Palm Beach County Florida. Look at the foliage and the houses in the foreground. Definitely not South Florida.
🦔Microsoft canceled its internal Claude Code licenses this week after token-based billing made the cost untenable, even for a company with effectively infinite cloud resources. Uber's CTO sent an internal memo warning the company burned through its entire 2026 AI budget in just four months. American AI software prices have jumped 20% to 37%, and GitHub (owned by Microsoft) is dropping flat-rate plans for usage-based billing across its products.
My Take
The AI subsidy era is ending in real time. The same company that put $13 billion into OpenAI and built the Azure infrastructure powering most of Anthropic's compute just looked at the bill from a competitor's coding tool and decided it was not worth paying. That is not a productivity failure on Anthropic's end. Token-based pricing is forcing every enterprise customer to confront the actual cost of running these models at scale, and the number turns out to be far higher than the flat-rate experiments suggested.
This ties directly to my Gemini Flash post yesterday. Anthropic, OpenAI, and Google all raised effective prices in the last six months. Enterprises that built workflows assuming AI costs would keep falling are now watching annual budgets evaporate in months. Two outcomes look likely from here. Either enterprises scale back AI usage to fit budgets, which slows the revenue ramp the labs need to justify their valuations ahead of IPOs, or the labs cut prices and absorb the losses, which makes the unit economics worse at exactly the wrong moment. Both paths land in the same place, the numbers stop working, and somebody has to take the writedown.
Hedgie🤗