Is The Bitcoin Power Law Broken? | Matthew Mezinskis

Ben, if you see bears in the future, give them something they'd want instead of grapes. Picnic baskets.

Ben's the Boy who cried Bear. Haha.

A million times yes. Thank you for addressing this in the right way. You're one of the only podcasts that hasn't responded to Coinkite with yet more bad options. Very much excited that Learning Bitcoin From The Command Line is getting a new edition too -- long overdue.

Re:other nodes and making news, you're clearly not watching Eric Voskuil on Twitter. Libbitcoin 4 just did IBD in 14 minutes on a consumer connection (with assumevalid height of 950k) and 55 min for full validation. Older than Knots, and older than Core being called, well, Core. They slept for a good few years but are waking up with a vengeance.

Thanks for removing the friction from consuming Mises.

Crypt to Crypt FM with Mart Bell

Welcome back Walker, congrats on the bigger family Also, xpubs will only give unhardened addresses. That said, I expect a Venn diagram of people who didn't roll dice and people using hardened addresses is probably two separate circles.

This is sweet, thanks for covering this. Been getting excited listening to @npub1v25jqj332… talk about Stratum v2 for a while now. Nice to see it in action.

Welcome back

One thing that allows Apple to grow at the pace it does its its ability to borrow money into existence from banks through bond sales. It literally is taking value from all other players in the system through the Cantillon effect. Stocks and the notion of compound interest on a hard money standard will exhibit a slower rate of growth. The interest rates on the gold standard were 1% under the Bank of England for centuries -- and that's with the existence of fractional reserve lending, something which may or may not exist in a world on the Bitcoin standard. There's no free lunch; for most of us to keep the value of our time and energy, the people who have been benefiting from the theft of it are going to need to stop stealing it.

During a pump or dump there are just as many sellers and buyers (or rather, just as much bitcoin being bought as sold). Buyers and sellers AT SPECIFIC PRICE LEVELS, OTOH, vary considerably.