ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧

We sit down each week discuss what is actually happening.
Bitcoin, AI, creator markets.
Will & Iman since 2019.
@natgmi builders @natdotfun is live.

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

The non-arbitrary era begins today…

We’re throwing in our biggest contribution to Bitcoin we could come up with

Digital Matter Theory represents an opportunity for all who seek to identify new purpose and value that can be derived from the discoverable patterns within a block

We recorded a detailed breakdown of DMT as a concept and explain the operations to formally register the existence of patterns and deploy, mint, and transfer NATs (Non-Arbitrary Tokens) in ▶️  watch here or on YouTube 👇
https://t.co/9MBu9BbSc0

All of this juice is also in the docs we just published 👇
https://t.co/taGJHZGALU

In there you will find the JSON syntax to mint the very first NAT deployments $NAT $BMT

Let the DMT pill consume you 💊

Summary:
In this episode, we delve into the intricate universe of Digital Matter Theory (DMT) and its potential applications in the blockchain space. We discuss how DMT enables the creation of non-arbitrary tokens by recognizing patterns in data. Safeguarding the provenance of these elements allows the launch of unique projects tied to them, leading to a diverse ecosystem of tokens.

We delve into hybrid tokens, a result of minting NFTs harboring fungible aspects. By parsing through Bitcoin data, meaningful patterns can be codified and used for creating projects. We touch upon the inception of bitmap and the role of communities like Yuga Labs or Rare Sat Society in relating patterns within Bitcoin data to create ecosystem value.

We also discuss the concept of 'bit informatics', where the search through Bitcoin's blockchain for patterns holds immense potential for creating new tokens or games. In the process, we unravel the creation and utilization of Nats or Non Arbitrary Tokens.

Throughout, we draw parallels between DMT and the early days of NFT, stressing the need for a unified method for creators. We underscore the value potential of non-arbitrary data in the metaverse and the chance to create ecosystems through the recognition of patterns. As with every episode, we invite listener feedback, and encourage questions via YouTube and Twitter. For those wanting to dive deeper into this captivating subject, follow and subscribe for future videos.

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Disclaimer: The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.

[craigscoinpurse @craigscoinpurse]

This is BIG!

We are joined by the legends from @TheBlockRunner!

I have watched them for years and it's an absolute pleasure to welcome them to MarketMates!

Thur 7pm EST

[TK @het_tk]

The fight for energy allocation is starting in the USA.

Ralatively the charts tell me eneegy is going to outperform almost everything, also BTC/USD.

The question that many need to start asking themselves is; Will Bitcoin's declining security budget secure the energy? Or $NAT?

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

The first time humanity has scarcity with provable scarcity and the first thing we want to do is make it infinite.

Quantum will require change and that is in motion.

But making Bitcoin infinite isn’t a reasonable request.

There are problems with Bitcoin but not all problems require changing the protocol.

Study @natgmi

No changes to the protocol and it directly addresses the declining security budget already backed by over 60% of global Bitcoin hash power.

[Eli Ben-Sasson | Starknet.io @EliBenSasson]

You have this super-revolutionary invention that is Bitcoin, the farthest thing out there from preserving everything the way it is and avoiding change.

And then you have so many Bitcoiners who are so opposed to even considering any kind of change, be it quantum readiness, OP_CAT, 21M cap, anything.
The contradiction is mind blowing.

[Unatpepe @unatpepe]

THEY NAT KNOW
U NAT KNOW
I NAT KNOW

SALUTE @psyfrogger

[₿luntie @bluntyzombie]

Perhaps now you are starting to understand a bit more about whats burning on btc. Can u smell it?

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

@natssats Pretty soon they will NAT be able to ignore it.

[₿luntie @bluntyzombie]

And the rarest of all? The Crowns.

Royal. Regal. Ice. Opulent. Jewelled. DMT Crown.

Only 5.3% of Blunties wear one.

[origin @natssats]

Only a second subsidy will solve it.

There is no other solution to this problem.

If the market does not adopt it, Bitcoin will likely fail.

See below

[Market Mates @MktMates]

Don't forget to click follow!! Huge show to end the week - live tomorrow at 7pm EST!

[Choirzooh @choirzooh]

There is an alternative idea that runs in parallel to transaction fees and doesn't affect usability on bitcoin. $NAT is auto credited on each block to the same address that received the coinbase reward. Clip-BITCOIN RAILS #62 @isabelfoxenduke @neha

https://t.co/CRR9Ezpumf

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

@het_tk @choirzooh @natgmi Agreed, I think that value is important to highlight. I'll add it to the new chart on natgmi as well.

[Joe Atang 👋🏿 @joeatang]

The NAT eye is here!

[人之狂 @kuang9303]

市场短期靠情绪，长期靠逻辑。

$NAT 的逻辑极强：比特币需要第二补贴，它就提供了最干净的解决方案。

情绪波动时有人卖出，逻辑清醒的人反而会持续买入。

时间永远站在逻辑这边。

$NAT #Bitcoin #DMT

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

@blockchainchick A 2nd subsidy is the only way that has long term viability.

And its live as we speak with over 60% global Bitcoin hash power.

You can check it out @natgmi

ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

@natdotfun We're continuously improving the vibe studio making it easier to build collections in one prompt.

You can DM us with any suggestions!

[NAT.FUN @natdotfun]

Most tools give you a template. Vibe Studio gives you a finished collection.

Describe the idea, pick the style, and it builds the full set, ready to launch. Not a mockup you finish later. Done.

The Vibeathon is live. Enter to win the $10K
https://t.co/AMErPJwOrH

[Joe Atang 👋🏿 @joeatang]

Check in with yourself and make sure you know you’re good. Stay Hi

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

@fitzyOG Well said @fitzyOG, pretty soon everyone will be talking about this issue because they will NAT have another choice.

[FITZY @fitzyOG]

Bitcoin is literally bleeding out! 🩸

It's subsidy is declining, and has been for many years 📉

At the same time, global competition for electricity is intensifying.

The mining industry must now prove it's capable of balancing the load of global energy grids more efficiently than AI data centres.

If it fails to do that, it will be penalised with higher energy rates, which will drastically reduce margins for these businesses. 📉

Right now, revenue-per-watt is more crucial than it has ever been!

A woking solution has already been live on Bitcoin for almost 18months though:

The NAT token (@natgmi)

As a Bitcoin-native asset on @tap_protocol, NAT has already proven its ability to improve the aforementioned mining industry's 'revenue-per-watt' figure.

And it continues proving it every ten mins, with every new block that is formed.

Whenever a new block is mined, NAT automatically lands directly in the miners' coinbase address alongside all their standard BTC block and fee rewards.

No additional hashpower is required for this btw, and NAT is not a merge-mined token from another network.

And as its market cap grows, the mining industry's margins automatically improve.

It really is that simple, so it is worth paying attention to this now, as the subsidy issue is not going away. It will only get worse.

This article is a perfect place to start 👇

Let me know if you have any questions on anything discussed in this post, or within the article below.

[ᴛʜᴇ ʙʟᴏᴄᴋ ʀᴜɴɴᴇʀ Podcast 🟧 @TheBlockRunner]

Even more embarrassing than thinking there isn't enough Bitcoin to go around is that there are some Bitcoiners proposing to make Bitcoin infinite as a solution to its declining security budget.

The declining security budget is a much bigger problem than BIP-110 "spam" haters.

The good news is that there is a 2nd subsidy already adopted by over 60% of global Bitcoin hash power that does not require any protocol changes.

@natgmi

Without ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247, Bitcoin fails.

[Coin Bureau @coinbureau]

🔥ZCASH CO-FOUNDER: BITCOIN SHOULD REMOVE 21M SUPPLY CAP AND GROW 4% PER YEAR

Eli Ben-Sasson said Bitcoin’s 21M cap “doesn’t make sense because as time goes to infinity, all keys will be lost.”

He suggested 4% annual issuance tied to population growth to ensure “there’s enough to go around.”

Estimates suggest only around 1% to 5% of the world owns Bitcoin.