B1tR0y on Nostr: What makes #bitcoin #FreedomMoney? To me it's about maintaining these key attributes: ...
What makes #bitcoin #FreedomMoney? To me it's about maintaining these key attributes:
Decentralization
Auditable
21 MM cap
Permissionless
Censorship & confiscation resistant
Immutability
All of are only possible by us running the node version we see upholding these values.
If we ever get to the point where we are unable to vote for the version of the nodes that we run to establish what Bitcoin is then Bitcoin will have failed as a decentralized project and will have been captured by the traditional Finance institutions and this movement will have been killed.
As I type this message it appears as though the mining pools are colluding to attack the decentralized mempool by accepting out of band fiat currency transactions which are completely invisible and absolutely go against the above key features in a variety of ways. It also seems that they have co-opted the narrative not only on the internet but at a local Grassroots level and various meetups which have been sponsored by traditional Finance firms and quietly steering the narrative to suggest that the ETFs, ordinals, inscriptions, and other attacks are actually a benefit to bitcoin and using their sheer numbers to drown out advocates who ascribe to Bitcoins decentralized, permissionless, monetary use case as it's essential feature.
At this point I think it's important for us all to look into the possibility of running pre-tap root Bitcoin nodes to try to filter out all of these attacks and to also call out any of these mining pools who are adding unexpected transactions to the blocks and or accepting fiat currency bribes out of band attacking the 21 million Bitcoin cap as they trade dollars for virtual bytes versus sats for virtual bytes.
The only way Bitcoin will succeed in its mission of separating state from currency is if we can get the key principles of what makes Bitcoin our freedom money conveyed to enough plebs and to try to clear up the confusion that the traditional Finance system is intentionally spreading throughout the community. And while I don't have all the answers, here's a few ideas that we can do to push back:
-Hashers should punish pools that include TXs outside of the shared mempool & any miner taking OOB fees.
-Run nodes you view as the true #bitcoin (pre taproot at least IMO)
-Advocate for custom mining templates for pools/hashers.
-Get active in your community and go to your meetups and be the vocal minority to push these core freedom principles and pushing back against the subversive traditional Finance folks who are trying to steer the narrative!
-Spread the word.
I truly believe that together we can and will achieve the goal of creating a sound money that is independent of the traditional Finance markets and will be separate from State. Let's get it!
Decentralization
Auditable
21 MM cap
Permissionless
Censorship & confiscation resistant
Immutability
All of are only possible by us running the node version we see upholding these values.
If we ever get to the point where we are unable to vote for the version of the nodes that we run to establish what Bitcoin is then Bitcoin will have failed as a decentralized project and will have been captured by the traditional Finance institutions and this movement will have been killed.
As I type this message it appears as though the mining pools are colluding to attack the decentralized mempool by accepting out of band fiat currency transactions which are completely invisible and absolutely go against the above key features in a variety of ways. It also seems that they have co-opted the narrative not only on the internet but at a local Grassroots level and various meetups which have been sponsored by traditional Finance firms and quietly steering the narrative to suggest that the ETFs, ordinals, inscriptions, and other attacks are actually a benefit to bitcoin and using their sheer numbers to drown out advocates who ascribe to Bitcoins decentralized, permissionless, monetary use case as it's essential feature.
At this point I think it's important for us all to look into the possibility of running pre-tap root Bitcoin nodes to try to filter out all of these attacks and to also call out any of these mining pools who are adding unexpected transactions to the blocks and or accepting fiat currency bribes out of band attacking the 21 million Bitcoin cap as they trade dollars for virtual bytes versus sats for virtual bytes.
The only way Bitcoin will succeed in its mission of separating state from currency is if we can get the key principles of what makes Bitcoin our freedom money conveyed to enough plebs and to try to clear up the confusion that the traditional Finance system is intentionally spreading throughout the community. And while I don't have all the answers, here's a few ideas that we can do to push back:
-Hashers should punish pools that include TXs outside of the shared mempool & any miner taking OOB fees.
-Run nodes you view as the true #bitcoin (pre taproot at least IMO)
-Advocate for custom mining templates for pools/hashers.
-Get active in your community and go to your meetups and be the vocal minority to push these core freedom principles and pushing back against the subversive traditional Finance folks who are trying to steer the narrative!
-Spread the word.
I truly believe that together we can and will achieve the goal of creating a sound money that is independent of the traditional Finance markets and will be separate from State. Let's get it!