The Bitcoin Age with Nik Bhatia | Bitcoin Infinity Show #159

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There is a big difference if you signal shitcoins are welcome or you focus on money and discourage non-monetary use cases. There are plenty of shitcoins they can play on. Nodes and users are important otherwise it deceases to be Bitcoin and becomes captured and centralized.

What bs are you talking abou Rizzo, lol.

I have never heard that knots supporters argue that they don't believe that a fee market establishes in the future. Hmm, why you think Luke is for 300kb blocks 🤔

Andere Kritikpunkte stimme ich zu.

Super Argument Dennis. Tom blendet Kernproblematik aufgrund von Indizien-DoS ab und kommt zu falschen Rückschlüssen. Ganz ohne technisches Verständnis kann man halt leider keine Rückschlüsse auf Validität der Indizien und Schutz vor Zentralisierung ziehen, sorry Tom.

Genau andersrum, Ver und Co waren die großen Player (Exchanges, Miner, ..) die ihre Geschäftsmodelle schützen wollten und via Blockgröße einfachste Lösung durchdrücken wollten (Zentralisierung). Mining Pools würden mit Bigblocks noch mehr zentralisiert sein weil schwerer Nodes zu betreiben. Pools ist ein Problem, Lösung Stratum v2, Ocean/Datum um Blocktemplates zu dezentralisieren. Ver/Bigblocks hätte nichts daran geändert bzw. verschlimmert. Blocksizewar als neutralere Quelle lesen.

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Great content from @npub1klkk3vrzm…, thanks for reading. 🤙

Thats also an issue with core devs, they get paid a lot and maybe feel the urge to do something instead of nothing

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Sehr interessante Blickwinkel, Danke.

BTCPay und Wasabi Wallet nutzen nbxplorer und der hatte ein problem mit dem blockheader des besagten blocks, daher beide projekte betroffen.

Puh, wenig Insights in die Problematik. Die op_return filter datacarrier und datacarriersize sollen auch entfernt werden, also nicht mehr konfigurierbar. op_return kostet 4x fees daher wird weiter über witness gespamt werden, und noch paar andere Punkte die das Ganze kontrovers machen.

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Sehr interessante Gedankengänge.

Super insider infos. Bestätigt dass Jiurnalismus quasi Tot ist, jedenfalls in Massenmedien. Es wird nur noch das vorgegebene Narrativ propagiert.

LFG!

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.

Bring on the helicopter sats!

The 4 year cycles are also, as @npub1k7vkcxp7q… has pointed out, tied to the 3-5 year cycle of private debt refinancing that just so happens to have reset in 2008, and to an extent, again in 2020. Not just the halving and its impact on the miners. Bitcoin isn't JUST a play on global liquidity, but the fiat price of anything is impacted by it. Throw that into the halving cycle and you get some real synergy. That said, right NOW, interest rates are being a little stubborn, especially with CPI coming in hot. So the chopsolidation isn't too shocking. Watching that dynamic could yield some interesting insights.

@npub1rxysxnjkh… Nathan did an excellent job with this interview. Simply cannot have enough reminders of the corruption and evil of the Covid regime

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 matching the boost for the Samourai heroes

One of the best episodes I’ve listened to in a while. Great bear market content. This makes me want a family more than I already do. @npub10qrssqjsy…

Thanks for removing the friction from consuming Mises.

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.

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

People would hit me with things suggesting Slackware to a Linux beginner, but you seem keen on appropriately following documentation, and it's got some of the best documentation, and very vanilla software which makes using upstream documentation easy to use too. Some key audio thoughts too. https://web.archive.org/web/20260426090835/https://blog.sla… Doing your work you may want more than the standard pulseaudio back end.