
Read_850 – Three Doors, Which Will Bitcoin Choose?
“A victory in revolution doesn’t come free or easy. For Bitcoin to really do what many of us hope it can, it’s really necessary at the end of the day to walk a painful path.
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“A victory in revolution doesn’t come free or easy. For Bitcoin to really do what many of us hope it can, it’s really necessary at the end of the day to walk a painful path.

What do numerous over-hyped product launches, massively subsidized compute, over extended investment, lack of customer adoption, unwillingness to pay extra, enormous and increasing costs, and total dependence on a few massive players have in common?<br

“These findings are notable because they demonstrate that even though the strength of the correlation may vary based on the time frame, Bitcoin’s price direction generally aligns with the direction of global liquidity. Furthermore, its

“Sadly, there has been very little in the way of a clear definition of MEV in the context of Bitcoin. And the standard definition of the term is so broad as to be entirely useless

“I’m not asking you to fight the Beast of Big Politics, Big Tech and Big Media.
Honestly I don’t know how you would. This is the end of an age, the _fin de siecle_,

“Sometimes your gut feelings lead you astray—particularly in mathematics, in which one constantly comes across results that seem impossible… There are also many scenarios that appear contradictory at first glance (or second or third). These

“Using the COLDCARD Mk4 is pretty straightforward. Yet, what goes on under the hood is far from obvious. Technical documentation, the hardware specifications and code used are available, yet not easily understandable by all. To

“An argument for doing a consensus cleanup soft-fork first, prior to enabling any new opcodes or other features for new types of L2’s, is that we’d learn more about how willing the wider community is

“Lightning achieved a many-to-one mapping of transactions to transactions… But creating even a single UTXO per user is, arguably, not good enough. So there are many proposals out there to achieve even greater scaling by

“It’s been amazingly freeing because I don’t worry about my investments, mostly because I don’t have very many. I’m on a Bitcoin standard and I keep my value in my unit of account.” — Jimmy

“The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which was heavily premeditated and provably used the COVID-19 crisis as cover, should be treated as

“The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to fight inflation, global consequences be damned!!” – But that’s a hell

“In fact, this is the key feature that re-energized me toward Nostr a second time after my initial experience with it. Bitcoin and Nostr combined together work like an international decentralized open-source Venmo. It’s a

“It would be wrong to think of Cypherpunks as a formal group. It’s more a gathering of those who share a predilection for codes, a passion for privacy, and the gumption to do something about

“Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning. That’s how they were designed, so switching the common language between networks

“Do we need an AGI Manhattan Project? Slowly at first, then all at once, it will become clear: this is happening, things are going to get wild, this is the most important challenge for the

“Reliably controlling AI systems much smarter than we are is an unsolved technical problem. And while it is a solvable problem, things could very easily go off the rails during a rapid intelligence explosion. Managing

“The former Speaker predicts “The dollar will suffer a major confidence shock” and as a result asks, “What can be done?” His immediate answer is to “start by taking stablecoins seriously.” Dollar-backed stablecoins are arriving
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