LIFEonBTC on Nostr: BIP 42 The answer to The Ultimate Question of Life, the Universe, and Everything. On ...
BIP 42
The answer to The Ultimate Question of Life, the Universe, and Everything.
On the eve of the Bitcoin halving, I thought it interesting to examine how the halving works and facts around the halving - from a lighthearted perspective. After all the halving has historically been a day of celebration and with this having which marks the end of the 4th EPOCH of bitcoin, occurring on 4/20 (in some time zones at least) the celebration is taking on all kinds of higher dynamics.
What I found most intriguing as I dug into the past was the fact that up until BIP 42, due to a C++ related code error the supply of bitcoin was not capped and in fact would have resulted in another 21m bitcoins entering the supply in 2224 and every 64 halving’s thereafter in perpetuity.
BIP 42 satirically addressed the infinite supply issue with a radical proposal - “To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.”
What I find most interesting about this is the glaringly obvious correlation to the answer to The Ultimate Question of Life, the Universe, and Everything. A correlation that remains unmentioned in the annals of history, dare I even say suppressed! Why would the ultimate fix for the ultimate form of hard money be under BIP 42? why not BIP 124 or BIP 3 or BIP whatever? Are we to ASSUME this is mere coincidence?
I think not. I think that Pieter Wuille ensured the fix would be the 42nd BIP, biding his time as it were. I have no proof, nor do I need any - it is so blaringly clear. You simply have to have the eyes to see and the ears to listen.
Happy halving! Enjoy the newly exponential scarcity of the scarcest asset in the history of mankind and be content in your knowledge of THE ULTIMATE ANSWER.
The answer to The Ultimate Question of Life, the Universe, and Everything.
On the eve of the Bitcoin halving, I thought it interesting to examine how the halving works and facts around the halving - from a lighthearted perspective. After all the halving has historically been a day of celebration and with this having which marks the end of the 4th EPOCH of bitcoin, occurring on 4/20 (in some time zones at least) the celebration is taking on all kinds of higher dynamics.
What I found most intriguing as I dug into the past was the fact that up until BIP 42, due to a C++ related code error the supply of bitcoin was not capped and in fact would have resulted in another 21m bitcoins entering the supply in 2224 and every 64 halving’s thereafter in perpetuity.
BIP 42 satirically addressed the infinite supply issue with a radical proposal - “To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.”
What I find most interesting about this is the glaringly obvious correlation to the answer to The Ultimate Question of Life, the Universe, and Everything. A correlation that remains unmentioned in the annals of history, dare I even say suppressed! Why would the ultimate fix for the ultimate form of hard money be under BIP 42? why not BIP 124 or BIP 3 or BIP whatever? Are we to ASSUME this is mere coincidence?
I think not. I think that Pieter Wuille ensured the fix would be the 42nd BIP, biding his time as it were. I have no proof, nor do I need any - it is so blaringly clear. You simply have to have the eyes to see and the ears to listen.
Happy halving! Enjoy the newly exponential scarcity of the scarcest asset in the history of mankind and be content in your knowledge of THE ULTIMATE ANSWER.