Hourglass is retarded. It’s almost even more coercive than just stealing because if someone owns vulnerable coins it becomes extremely complicated and labor intensive to move them. Satoshi would literally need 1MM blocks to migrate his coins; totally untenable. It’s just stealing by a better name via a highly complex mechanism.
COIN BASED: The OP_NEXT Afterparty (w/ Blockspace Media)
By PubKey Media House
Aired Apr 21, 2026 · 1h 1m · Last boosted Apr 22, 2026
Chapters
Show Notes
The Coin Based boys (ArbedOut, Drew Armstrong) are back with the fine folks at Blockspace Media (Charlie Spears, Will Foxley) to help congratulate them on an excellent OP_NEXT 2026. Tune in and eavesdrop on all the things we couldn't say during the conference: What our most (and least) favorite panelists wereThe definitive take on whether Bitcoin mining is the stupidest business model in existenceThe definitive take on Bitcoin quantum risk that even the X ragebaiters aren't ready to hear...and more! ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Welcome home. PubKey is a bar and cultural venue located in New York...
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